joining us now is mike novograts. you know, some remark bable resilience here in the market given those record unemployment claims 6.6 million americans filing last week on top of the 3.32 week before and the still very uncertain trajectory of this virus in this country. how are you looking at this market these days? >> we had a historic sell off with a max of about a week ago you had a fed induced rally. i personally used a lot of that rally to lighten up positions to make my portfolio much simpler i think we're in a period of real uncertainty for a while the economy is deteriorating and will go. there are buyers below because we've like i said, we had a seller's exhaustion. so i think we're really range bound u for the foreseeable future the broad range, 2,2800. and so i think it's a trader's market it's more of a fundamental market the fed putting foam all over the runway allowing lots of the dislocations to kind of comeback together so with a fixed ed income and no i think companies that are going to do well in th