if it's not a palantir. palantir is not reflective of the freaking economy. but maybe the bank of the ozarks is. >> yeah, absolutely. >> and t bank. >> pnc bank, i'll give you those two in the regionals as well. these are stocks that got beaten down have finally recovered from the regional banking crisis. and now they got their legs under them. and this sell off looks like a good opportunity because i love the big banks i think goldman sachs down 100 points in two weeks. that's a little bit accelerated. >> to the downside. sorry. >> so these are opportunities. >> dory. yes well i like i like the banks here. you know you can get particularly the small caps and even the micro caps. you're getting forward at 10 to 12. and the you know these tariffs are not going to be a big issue. certainly not long term. they're short term negotiating tools. and trump's not going to, you know clue everyone in on what his strategy is. it's not a negotiating tool. if you tell them hey it's only a negotiation, right. you got to act serious about it. banks look very strong here. cr

and that means palantir's out, but palantir's going to benefit because it's a.i.antir and their software -- charles: it actually enhances the value to proposition. >> i know. charles: again, when it turns, it will turn quickly. i've got to ask you about -- [inaudible] i'm in it, down a lot but so happy to see it on your list. >> down 22%. people need to have -- i mean, fico, it's an absolute necessity to have your credit evaluated, to know your credit score, and fico does so much more than that because they're also a data aggregator. there's so much behind the scenes and revenue if streams at fico, but everyone is assuming the consumer can't spend, the consumer isn't going to buy a house, won't apply if for credit so, therefore, fico isn't going to do well not realizing they probably -- charles: i'm glad you mentioned housing. i'm looking at the home builders. they were up at a one point today because yields are coming down, mortgage rates have come down and applications are going in. hillary, thank you very much. >>> i've got a special programming note. i'm hosti

palantir down 35%.gy, whole group of stocks have been hit hard in the last couple weeks. jack: why were they so popular before and so unpopular right now. >> a lot of momentum in retail investors, there was a fundamental story that people might've gotten carried away in the optimism about companies like palantir which peaked out well more than 100 timescales. >> there is no real common the theme. anything that people got excited about before they don't like anymore. >> exactly, the a.i. train cooled often constellation energy is a big power supplier of data center, you see the stock pullback. it's really been what worked last year is not working this year. >> value guys like you must be in heaven. >> is a great year for value this year and you see a lot of value groups weatherby consumer staples, defense and other areas doing well. >> we have to really boring actionable ideas, this is the moment for boring stocks you want to start. >> this is a london-based renter construction equipment and north americ

think about that, okay, palantir is down 35 something. it could easily be down 50% or something like that. so if you don't think that microsoft, google and some of these other names in the fateful item could catch up and be down 30%, then you're not paying attention because that happened in 2020. >> mr. silver, i was. >> just going. >> to. >> say, yeah, i mean, not. >> not so long. >> that is the silver lining. the silver lining may be that maybe they're they're more fairly valued now. and maybe it is worth buying an apple oven. >> cut in half. >> well, let's be honest. i mean nvidia if that thing got cut in half i think it would be the steal of the century, because then it's really up to them to just start to the expectations would be down so much. right. and then the beats that they need is not going to take much to get that stock going again. >> i'd rather we. >> rather. >> have a google or. >> meta over an applovin. >> down half for sure. not even close financials. >> we spoke about this before getting hit especially hard this week. t

we're going to sell the palantir after that big pop. four bucks off that army truck, and we're going to put in a company that's just a staple of any of any portfolio. we're going to put in bristol-myers. okay, get some yield, get some drug. i'll feel much better because you have tech. nvidia is obviously tech. i could have thrown that away. but you've got the gtc conference coming up. you got fin, you have fin again. that's why i say there's overlap. but i can't just totally blew it. no i am going to do this. never mind. because then blue owl is also financial. we can't have all these fins we need. we need a some sort of i want you know, what i want to put in here. i want to put in. enterprise product partners did some work on it today. it's got a good yield. near top oil service. it's pipeline. it just strikes me as something that could balance out some of these other stocks. blue owl out enterprise partners partners in. so i had to do some. it was like a major surgery. there was nothing i could do. i couldn't just, you know, i couldn'

cofounder of palantir which was now senate that had to force its way for others. you find them of companies as well. you closed another fund yesterday. i see as one of the godfather's of the fence attack investing in this new era. you can do more with less arguably with some of these new business models that what does it also me for workforce and what does it also mean for investment in parts of the country? >> well, i mean, the way a lot of things, default the last six years in bureaucracy here, , thy could a lot more about the process and about the results. there's been a lot of frankly a lack of courage and trends affixing things that are broken. i been meeting with friends or running the navy yesterday and going over stuff. it's obvious what happened with all of these things and trumpist asking what my ships rusty? what is going on? wise it's a mess and so expensive? you had some great firms for example, running the maintenance and working on the ships for very long time and would have just over the years private equity firms, people in the navy did not hold t

once trump was elected, palantir stock. company the stock sold more than 90% in february. a start-up backed by thiel's founders fund lended an expanded role. so with the u.s. army and scale a.i., another founders fund that the company signed a major deal the defense department. caroline: an amazing read. i urge people go find it online. thanks so much. we want to check in on the markets. we've seen a sell-off in a correction 10-year yield. nvidia wiped off and now tesla erased all of the ex-rally. down 48% from its record-high. plenty to be digesting people not wanting to belong tech or in the market. that does it for this edition of "bloomberg technology." check out our podcast on the terminal as well as online. this is "bloomberg technology." ♪ only the servicenow platform connects every corner of your business, putting ai to work for people. - hr? - yeah. - it? - yeah. - r&d? - yup. omg? uh... oh, i see. uh... yeah. that's the department i work in. alright, enough of that. ♪♪ well would you look at that? jerry, you've go

i mean it went from 125-130, palantir did all the way down to $79. liz: its gone back up right at $84, keith. did you buy at the low here? >> uh-huh, we sold before it started to go down. we took a little bit off the table and we're busy using that money to buyback into it so yeah, you bet we did. liz: okay -- >> smart move. liz: what about tesla because it's one that you have been pounding the table on for several years, and you've been buying on dips in the past. is that the case now because it doesn't look good. i mean, they are seeing some really negative numbers when it comes to scaling back the purchases in europe. who knows how it's going to look when they come out with their numbers here in the united states. >> i think that's a fair and very sharp question and if i view tesla as a car company then fine i'd be very concerned but i don't. i think the robotics and the fsd, the annuity that comes with charging any of those things are potentially and this is a big statement, liz, potentially worth more in a few years than all of tesla is today. w

you mentioned palantir, robinhood. tesla is another one of them. and we've talked about how software is seen as a whole, as more insulated from tariffs. but a number of software companies this week reported negative earnings and a weak guide for the foreseeable year. that includes mongodb, which is down about 20% after witnessing its slowest growth rate since 2017. and then crowdstrike, a major cybersecurity player with its disappointing guidance that weighed on the broader sector. so those two reads not providing a lot of confidence for the software sector. and we also confirmed this morning that a number of ceos from the technology space will be convening with president trump at the white house early next week, scott, to discuss a number of the issues at hand, including tariffs and export controls. so expect some readouts from that early next week as we try to better understand how these tariffs are going to be implemented. and of course, the consequences that could have on the broader technology space. >> any belief, liz, that the volatility wit

and palantir is best of breed going forward.standout stock for a long time, but a very tough buy at this level. >> okay. quint tatro thank you. appreciate it. and remember you can recap every three stock lunch anytime you want. visit cnbc.com or scan the qr code on your screen right now. >> all right. on deck. the great mario carboni is going to join us live on set. talk about his growing food and lifestyle empire and the carbon beach that's coming up. plus right up morgan's alley, intuitive machines, moon landing. it went sideways. we're back right after this. >> crypto watch is sponsored by crypto.com. crypto.com. crypto.com is america's [engine rev] [timer running] ♪♪ formula one has never been more competitive. [engine rev] if you're standing still, you're actually going backwards. we're in the business of competition... [engine rev] we're trying to beat our competitors on the track. but to do that, you need to be able to beat them... off the track. mclaren racing is always changing... and it's more complex than ever. we're

it's like 700 you know better than me the process has to be transparent and open and fair and of palantir has the best product in the going to win that is fair but it's a win by doing the crime 790 pages that they lobby for in the hide behind the ball and do all these other things. i think the number one thing is officially determined but you have to be the process of fair. what happened with the other big primes they became bureaucratic and became the government and basically captured it became an arm of it. i think it's really important in this editor might know how to do this but i don't think that you constantly want everyone from all these companies going in and out and readied everything. i think that's not great and how that's working right now they need to reform but i might be the minority on that one. >> as i outlined with the spr program it was trendy that direction. we've got to get it back to the original set of when it was put into law in 1982. we need to focus on small business and give them the opportunity t to showcase what they are bringing to the table. i am a gal of th

and the assist us physical palantir, stay with its full hamlets, opinion. mice has been suffering in the book because audio reaching the air on the orthodox church, holiday of some sort of get some back us day. october. the 20th 1942 on the pretext of saving people. the goal is to shut the gun a 2 day killing spree, mostly women and children. the available information shows that a 192 children with method in the villages of us are in a to which is here. let's give it you love it. so and without an or then you use by any other math, dec commercial duck cause your mail, alcorn act will be and that's on your mind. you're no longer going to lock. so talk a short on your with all due to at the so that's a lot of the models you portray what the previous case that a style i noticed a lot exactly. and then a few dollars of, uh, uh, uh, that see the go my, the thought is such the matching all why to rich a, it died down. so like we did early all the deal missed on a medical biological. unfortunately, because of the tramodol will be at a really 3 data to come over. you have no idea to bring th

. >> is on palantir. so it's seen a lot of growth came down a bit. there's other players like eli coming into the defense spend. what's the play here. >> all right. palantir. don't get in front of that. on the short side the meme guys are pushing it up every day. they push it up in the morning. they usually start around 330. i get up earlier than they do. so i watch them do it. and it's just it blossoms each day. what a blast. the manipulation is incredible. but you know what? in the new regime, it's just called solid buying. let's go to myra in texas, please. >> myra as well. >> thank you. >> for. >> taking my call. >> of course. myra, thank you for calling. >> i've listened to the conference call. >> and liked. >> their cost management strategies. also. >> competitor usps. >> could need. drastic changes. >> to become. >> well, i guess solvent. >> can the stock. >> of ups. >> go higher? >> i think that i question their strategy and i certainly i do not question the strategy of another stock that's down a lot, which is fedex. that's the one i'd be bu

palantir co-founder joe lonsdale, house majority leader steve scalise, the ceo of toymaker mattel, onossible impact of tariffs and all, topped off by commerce secretary howard lutnick. we're coming right back. >> the most. >> challenging engineering project in the history of the human race is our nation. >> golf has never been closer to the heart of this country. >> straight down. exists thanks to american manufacturing and. >> movement to celebrate all things american made. we love this game and we love this country. join us on this journey to bring back american made. >> anybody who owns property should worry about home title theft. there's no other crime that is so easy, so quick and so lucrative. >> your home, your equity, and your peace of mind can all be stolen in one fell swoop. buy home title thieves like matthew cox. >> nobody thinks that i can take their house. nobody thinks that. >> believe it or not, a single page document is all it takes to transfer proof of ownership out of your name. >> people think. >> there's a whole. >> huge process. >> but the truth is. >> it's a on

very cool, palantir stay with its full hamlets. the petabytes has been suffering in the book because audio reaching the air on the orthodox church, holiday of some sort of get some back of the day. october the 20th, 1942 on the pretext of saving people. the goal is to shut the gun a 2 day killing spree, mostly women and children. the available information shows that a 192 children with that in the villages of us are name to which is here. let's give it you love it. so. and without an for then you use by any other math, tech, commercial duck, cause your mail or neck will be unethical. then mine you're no longer going to lock . so talk to so on you with all due to add that. so that's a lot of the models you portray what the previous face to the style i noticed a lot has actually been acknowledged of. uh uh, uh that see the go my, the thought is such the matching all white to which a it died down. so like we did early all the deal, i'm yes, done a medical biologics to unfortunately because of the tramodol will be at a really 3 d dot c

>> we have outside of some of these like names like a palantir or robinhood that have that have sold off. the markets are still close to all time highs. and so i do not think he is even remotely concerned in the short term about what the markets do. i think he's concerned that in the long term we want to chop some wood and they want to do not want to be status quo. and so i think investors need to look at this year like 2017, 2018 redo in 2017, peak to trough decline in the market was 3%. in 2018 we had like 215% bull downs. yet we also survived and markets are meaningfully higher. i feel like we're set up for another 2018. we're just going to have much higher volatility. and that's why investors you better know what you own, how your position are you going to get shaken out and do what investors do all the time is they buy high and sell low. that's my concern, dan. >> i've had people sort of raise that issue to me, you know, as they they watch everything developing out of the white house and trying to assess in their own minds whether the market is the holds, the stature, if you wil

and of course mike gallagher congressman who is now at palantir. you were chairman of the house select committee in competition with the chinese government pretty served in the marines for seven years you deployed to iraq. when he moved to the real war zone, washington d.c. [laughter] when you're in congress are said to be the fastest man in congress. >> this is true. tom cotton is watching summer. this bead is something we've been talking about. speed is the word of the day. last night we heard the president talking about how he wants a quick end to the korean war. he announces setting up shipbuilding office at the white house because the shipbuilding is going to slowly. try not responded to tariffs this morning saying if wars with u.s. once, whether it's a tariff work, a trade war or any other type of war are ready to fight until the end. so, i want to start by asking you both can the pentagon be run like a silicon valley startup? what does it need to go full founders mode? [laughter] >> thank you it's an honor to be of general rainey his leaders

listed names like palantir, lockheed and more.re going the other way when it comes to russia, ukraine, we're talking about the russian ruble and the russian stock market all weaker after what happened in the oval office between the ukrainian prime minister and president trump. still to come, the magnificent seven underperforming again last month. but our next guest says one of those seven names is a safe haven right now. find out which one and why when we come right back. good morning. with dulcolax. >> good, good. good morning. yeah. >> frank dulcolax. >> kiwifruit bites. >> for fast. >> and gentle constipation. >> relief in as. >> little as 30 minutes. >> making your good morning even better with dulcolax. >> 16 million americans suffer from chronic back pain, the six most costly health condition in the us. meet creative medical technology stock symbol on the nasdaq. creators of stem spine, a regenerative medicine using stem cells to help fix the multibillion dollar chronic back pain problem. stem spine was shown to be 87% effec

commercial markets and it is somewhat comey could make the analogy that it is a little bit like what palantirstarted to pursue the commercial markets, seeing the need from what they had built for the government in the commercial sector. we see that same need. commercial companies trying to figure out how to develop and deploy autonomy. jackie: you are seeing european countries bolstering defense spending. is that a good thing? brandon: certainly, we are seeing the same messaging and we are having those conversations with our european customers. they very much are acknowledging that their defense budgets are going up, they have to figure out what capabilities, what products they want. there is a recognition they are turning the things that have worked, they don't want to do things with the same things that have been done for 30 years. they are going to smaller more distributive bull systems powered by autonomy. caroline: thank you for joining us. coming up, female founders saw fewer vc deal count and a declining value in 2024 according to pitch book. we will speak with lareina yee about the ge

palantir getting some love out of william blair as they go.r. >> yeah. >> they know what's happening. there were there were three really big sell sell. i'd say horrendous antipathy by three analysts and two folded. now the third folds. alex clark is able to sell more than $2 billion worth of stock. that's got a lot of stock. but i do think that this is once again, people saying, wait a second, they weren't hurt by government cutbacks. they could be enhanced. my belief has always been that when they get to the defense department, musk will say to alex karp, fix it, make it more effective, make it more lethal. and that's what's going to happen. >> so they're a beneficiary of doge? >> yes. they are the beneficiary of doge. people thought they were going to be someone hurt by doge. >> well, yeah, that stock did get hit on the day when. >> it was announced selling. there's a lot of people doing a lot of things off of like, by the way, i think that the algorithms drove a lot of crowdstrike last night. they didn't understand you had to add back $0.90

mean, think about the best companies in the world, an apple, google, netflix, lockheed martin or palantirates, they grew up in the united states, and they're the best companies. stuart: or microsoft. >> or 340r9. look look a g microsoft. rook at the balance sheet -- stuart: i'm a glad you could help me out there at the very last minute. brian belski, you can come back. right now you're going back to naples. >> i am. stuart: very crowded. [laughter] three seconds to go, and this market opens. press that button, please, i want to get things going even though we're going to be on the downside. yes, we are. it is a thursday morning, it is march the 6th. look at the dow 30, you can see them on the board, they're opening up now. there's a lot of selling, obviously. plenty of red on that screen. the dow industrial average a, pull it up, please. it's down 400 points in the very, very early going. you're talking about the first 30 seconds here, down 405, 406. okay, there you go, 42,600, that's the level. the s&p down 1.3%, that is a substantial loss. 78 points down. the nasdaq composite, pull it u

you're adding also palantir, that's the one that the even's talking about. i got out of it at 0 is 8, 109 -- 108, 109. i felt dumb for a moment, now i'm feeling smart again, but i'm not going to feel smart if i don't fete back in. is the ultimate message here if you want to own these names, you have to learn to live with the volatility? >> absolutely. and that's the whole thing about this, charles. volatility in high beta that names like this is something you have to learn to navigate. and so when things get really, really overbought -- that was a great sell at 108. there's nothing wrong with selling at 108 and going to 118. you leave a little meat on the bone for somebody else, but when it gets really sold off and nobody wants it anymore, that's the time to the think about adding back in. real quick, we sold -- we we reduced our position in nvidia last july. we're now adding back to it. so this whole over the last six months the stock's gone nowhere. now we're getting a much cheap aer valuation, a much better entry point. and if so that, if you're looking f

meanwhile, shares of palantir are moving higher as analysts over at william blair upgrade that stockior sell. the stock plunged earlier this month as government cost cutting weighed on the outlook for palantir. but analysts at blair wrote that ai opportunities and potential government contracts down the line can still drive revenue growth for palantir. so those shares up roughly 2.5% in extended trading. and we're going to end on shares of nvidia, which are moving higher this morning as the chip maker shakes off some steep losses off president trump's announced tariffs. now analysts at bernstein are saying that after the pullback, the stock's valuation is looking increasingly attractive. bank of america also adding nvidia to its global contenders list. the stock is still down about 7% since its earnings report. but still, you can see here up about 1.5% so far this morning. now for more on that and other top analyst calls of the day, just head over to cnbc pro subscribers. get full access to the detail and analysis behind all those big calls and stories becky. so nvidia getting some s

i like palantir. those names have been unsettled lately for sure. so maybe some stabilizing activity today. it does take us to our talk of the tape where stocks are likely to go from here. let's bring in our experts. adam parker. he's the founder and ceo of trivariate research. tom lee is the managing partner and head of research for fundstrat. both are cnbc contributors. we're lucky to have you both together today. welcome, guys. all right, adam, just give me your assessment as you watch what is a increasingly headline driven market. >> yeah. >> i mean, look, as you. >> know, we. >> we think it's going to be choppy. i'm still. >> optimistic that. >> on the other side of this we could get back toward. >> you know, revenue growth and. >> you know. >> beneficiaries on the ai. >> front with. >> productivity and margins. so the. >> call we've had is choppy. >> here in the first few months. then once the management teams understand what the policy backdrop is, they can, you know, deploy productively capital. >> so i choppy. >> first half and then we prob

you know, i look at things like palantir and others and some of these mag seven themes because that's where the growth is. i get the defensive story. i think this will be short lived. this is not the end of the tech bull market. it's just a sort of turbulent time as we go through it. you know, in terms of this game of poker between d.c. and beijing. >> so, dan, what you're saying is, if those folks if those investors who have not gotten into names like nvidia and microsoft yet, what you're saying, is there still time? >> oh, i think look, we believe this tech bull market's going to be going for another 2 to 3 years. and i just think in these situations you can't run for the hills. you tune out the noise. you own the winners. and that's really been our playbook the last few years. despite obviously a lot of noise coming out of, you know, trump and dc. >> yeah. all right. dan ives of wedbush securities. dan i'll see you again. i'm sure, quite soon. thank you. yep. all right. the trump administration has rejected a long awaited plan for postwar gaza that was proposed and endorsed by arab

where both the speculative stuff that has gone up the palantir from 50 to 80 had gone to 120.ything lunar go down. i need to see anything nuclear go down. there's no nuclear business. i mean, a lot of people even torture us with that. and then i need to see, i hate to say it because i like it so much. i'd like to see a wash down in nvidia. and we have. >> so you don't think 109 was. >> no. >> the short term? >> well, i'd like to see everybody out of it. ahead of when jensen huang reveals why we want to own blackwell and rubin. >> we do. have that. >> death cross on the sm. >> the death cross. >> that was fun yesterday. >> yeah, the holy sepulcher. i don't know, david. you know, i know you look at the death cross and the golden cross and the. >> and the head. >> and shoulders and the cross. >> and reverse head and shoulders. >> where's the cross of gold? i also. >> like the old double reverse morris trust. that's a good one. >> do you like william jennings bryan more than you like mckinley? >> no, no, it's a. >> big the resurrection. mckinley's dynamite. yeah, i was thinking ab

we've got palantir, intuitive surgical, servicenow.se companies are going to replace dow inc, kraft heinz company and the ford motor company. this is in the s&p 100. these companies will remain in the s&p 500. and then moving down the list here you've got doordash getting added to the mid-cap group as well. you also have williams-sonoma expand company borgwarner in the group that is getting replaced. teleflex and celanese corp. finally, here on this list, that was for the s&p 500 meanwhile. but hims is going to be added to that mid-cap group. so all of this is going to be effective march 24th. that is a monday. it will coincide with some of the quarterly rebalancing. now back over to you. >> all right kate. thanks kate rooney. we should note that there had been some anticipation that coin strategy, formerly known as microstrategy and or hood would be added to the s&p 500. those stocks are trading lower in the after hours session, partly on this sort of burst expectation here. but it's a good day for the purveyor of dutch ovens, tim, in

lot of stocks that were selling off last month last week kind of bouncing back i was looking at palantirver 2% right now. with that in mind i want to get to your pick drew. what is your pick and why? >> so it's pfizer so high level. this payments and fintech company is in a theme that is just completely underappreciated. so fintech to us screens as a really attractive growth theme. it's been a really strong performer for the last two years, but the theme everyone wants to talk about is ai. so when you really get into this, you have growth at a reasonable price for this stock. we think the market in the next three years is pricing in like 13 bucks of cash flow. analysts think we're probably going to get something more like 14%. this company has great operating leverage, really good cash conversion conversion and should actually expand margins by 125 basis points this year. so put that all together. that's another really good fundamental story in this market we think you can buy into. >> all right. so you think this is garp. and that's what everybody's looking for especially right now with

marriott, palantir, constellation energy and pdt holdings rounding out the top five.ide of the coin, the laggards, of course, taking a look at those crowdstrike right here at the bottom. those shares falling more than 7.5% following earnings. t-mobile, coca-cola, euro pacific partners, gilead sciences and starbucks. those names all falling lower in the premarket. also, a check of chip stocks, which have been hit hard during the selling. president trump also calling for an end to the chips act in his speech last night. take a look. nvidia shares up over 1.5%. intel. broadcom. advanced micro all of them moving higher. amd shares up three quarters of 1%. broadcom the best performer on the board. at least those shares up just about 2% right now. also checking in a number of automakers that have been hit hard caught in the crossfire of these u.s. mexico canada tariffs. you can see though they're up big this morning. ford shares up almost 2.5%. general motors shares up nearly 5.5%. stellantis shares up over 5.5%, perhaps moving higher on some worries from the commerce secre

stocks like palantir, tesla, broadcom all moving higher after hours as commerce secretary howard lutnick made new comments on tariff negotiations. for the latest state of play, let's get to our megan costello. megan. >> melissa, a truly remarkable day here for trade policy and for geopolitics writ large. it started with all of those tariffs kicking in just after midnight on canada, mexico and china. canada and china both then immediately retaliating, both with tariffs mostly targeting agriculture and food products, but also some non-tariff measures. china blacklisted 25 u.s. companies. canada is also taxing its electricity exports to some u.s. states, banning u.s. firms from federal canadian government contracts. we also saw prime minister justin trudeau come out quite angry towards president trump, calling him by his first name, calling this a very dumb move, vowing not to let it go unanswered by canada. president trump was never likely to let that one slide. he replied quite quickly on social media, saying that any retaliation from canada would be met with equal escalation from the us.

despite these recent declines, our next guest says that nvidia, tesla and palantir have showed the mostks on his platform favors some low volatility. high dividend names here. steve sosnik with us, interactive brokers chief strategist, joins us here at post nine. it's a good day to have you. good to see. thanks for coming in. talk about why those names in particular are moving. >> you know, we're still having this little battle between you know, what i'm going to call fomo momo and momo. you know, basically, there's still this fear of missing out. we see here just this bounce, like 40 points since i've just been walking from there to here. and so people really don't want to miss what. >> they. >> see as a buying opportunity. because for the better part of the last few years, every dip has been a buying opportunity. this one not so much. and i think, you know, a lot of what we see are active traders sort of wedded to that strategy, hoping this will pan out. and, you know, and those moments where it does pan out, we see, you know, people jumping right back in. >> right. so this notion of