WEBVTT #Elemental Media Engine(TM) 2.17.0.602675 00:00:05.839 --> 00:00:06.106 RE 00:00:06.106 --> 00:00:06.473 RE SHUTDOWNS 00:00:06.473 --> 00:00:06.840 RE SHUTDOWNS SOME 00:00:06.840 --> 00:00:07.240 RE SHUTDOWNS SOME SAYING 00:00:07.240 --> 00:00:07.440 RE SHUTDOWNS SOME SAYING THAT 00:00:07.440 --> 00:00:08.908 RE SHUTDOWNS SOME SAYING THAT WAS 00:00:08.908 --> 00:00:08.942 RE SHUTDOWNS SOME SAYING THAT WAS THE 00:00:08.942 --> 00:00:09.476 SOME SAYING THAT WAS THE 00:00:09.476 --> 00:00:09.509 SOME SAYING THAT WAS THE CATALYST 00:00:09.509 --> 00:00:09.609 CATALYST 00:00:09.609 --> 00:00:09.676 CATALYST DO 00:00:09.676 --> 00:00:10.043 CATALYST DO YOU 00:00:10.043 --> 00:00:10.176 CATALYST DO YOU BUY 00:00:10.176 --> 00:00:10.276 CATALYST DO YOU BUY THAT? 00:00:10.276 --> 00:00:10.610 DO YOU BUY THAT? 00:00:10.610 --> 00:00:10.643 DO YOU BUY THAT? >> 00:00:10.643 --> 00:00:11.011 DO YOU BUY THAT? >> I 00:00:11.011 --> 00:00:11.344 DO YOU BUY THAT? >> I THINK 00:00:11.344 --> 00:00:11.378 DO YOU BUY THAT? >> I THINK SO. 00:00:11.378 --> 00:00:11.478 >> I THINK SO. 00:00:11.478 --> 00:00:13.646 >> I THINK SO. IT 00:00:13.646 --> 00:00:13.847 >> I THINK SO. IT WAS 00:00:13.847 --> 00:00:13.913 >> I THINK SO. IT WAS INTERESTING, 00:00:13.913 --> 00:00:14.280 >> I THINK SO. IT WAS INTERESTING, THE 00:00:14.280 --> 00:00:15.048 >> I THINK SO. IT WAS INTERESTING, THE NEWS 00:00:15.048 --> 00:00:15.081 >> I THINK SO. IT WAS INTERESTING, THE NEWS OUT 00:00:15.081 --> 00:00:15.949 IT WAS INTERESTING, THE NEWS OUT 00:00:15.949 --> 00:00:16.216 IT WAS INTERESTING, THE NEWS OUT OF 00:00:16.216 --> 00:00:16.249 IT WAS INTERESTING, THE NEWS OUT OF CALIFORNIA. 00:00:16.249 --> 00:00:16.349 OF CALIFORNIA. 00:00:16.349 --> 00:00:16.483 OF CALIFORNIA. LOS 00:00:16.483 --> 00:00:16.549 OF CALIFORNIA. LOS ANGELES 00:00:16.549 --> 00:00:16.616 OF CALIFORNIA. LOS ANGELES AND 00:00:16.616 --> 00:00:17.283 OF CALIFORNIA. LOS ANGELES AND SAN 00:00:17.283 --> 00:00:18.018 OF CALIFORNIA. LOS ANGELES AND SAN DIEGO, 00:00:18.018 --> 00:00:18.051 OF CALIFORNIA. LOS ANGELES AND SAN DIEGO, THE 00:00:18.051 --> 00:00:18.685 LOS ANGELES AND SAN DIEGO, THE 00:00:18.685 --> 00:00:18.852 LOS ANGELES AND SAN DIEGO, THE LARGEST 00:00:18.852 --> 00:00:19.119 LOS ANGELES AND SAN DIEGO, THE LARGEST DISTRICTS 00:00:19.119 --> 00:00:19.619 LOS ANGELES AND SAN DIEGO, THE LARGEST DISTRICTS ARE 00:00:19.619 --> 00:00:20.887 LOS ANGELES AND SAN DIEGO, THE LARGEST DISTRICTS ARE NOW 00:00:20.887 --> 00:00:21.054 LOS ANGELES AND SAN DIEGO, THE LARGEST DISTRICTS ARE NOW BEING 00:00:21.054 --> 00:00:21.221 LARGEST DISTRICTS ARE NOW BEING 00:00:21.221 --> 00:00:21.521 LARGEST DISTRICTS ARE NOW BEING DELAYED 00:00:21.521 --> 00:00:21.688 LARGEST DISTRICTS ARE NOW BEING DELAYED OR 00:00:21.688 --> 00:00:22.122 LARGEST DISTRICTS ARE NOW BEING DELAYED OR PUT 00:00:22.122 --> 00:00:22.355 LARGEST DISTRICTS ARE NOW BEING DELAYED OR PUT THE 00:00:22.355 --> 00:00:22.589 LARGEST DISTRICTS ARE NOW BEING DELAYED OR PUT THE WHOLE 00:00:22.589 --> 00:00:23.123 LARGEST DISTRICTS ARE NOW BEING DELAYED OR PUT THE WHOLE FALL 00:00:23.123 --> 00:00:23.156 LARGEST DISTRICTS ARE NOW BEING DELAYED OR PUT THE WHOLE FALL ON 00:00:23.156 --> 00:00:23.323 DELAYED OR PUT THE WHOLE FALL ON 00:00:23.323 --> 00:00:23.356 DELAYED OR PUT THE WHOLE FALL ON LINE 00:00:23.356 --> 00:00:23.556 LINE 00:00:23.556 --> 00:00:24.524 LINE THAT 00:00:24.524 --> 00:00:25.859 LINE THAT COULD 00:00:25.859 --> 00:00:27.027 LINE THAT COULD BE 00:00:27.027 --> 00:00:27.260 LINE THAT COULD BE A 00:00:27.260 --> 00:00:27.293 LINE THAT COULD BE A TEMPLATE 00:00:27.293 --> 00:00:27.460 THAT COULD BE A TEMPLATE 00:00:27.460 --> 00:00:27.694 THAT COULD BE A TEMPLATE LIVING 00:00:27.694 --> 00:00:28.361 THAT COULD BE A TEMPLATE LIVING IN 00:00:28.361 --> 00:00:28.395 THAT COULD BE A TEMPLATE LIVING IN CHICAGO, 00:00:28.395 --> 00:00:29.229 THAT COULD BE A TEMPLATE LIVING IN CHICAGO, WE 00:00:29.229 --> 00:00:29.396 THAT COULD BE A TEMPLATE LIVING IN CHICAGO, WE ARE 00:00:29.396 --> 00:00:29.662 LIVING IN CHICAGO, WE ARE 00:00:29.662 --> 00:00:29.696 LIVING IN CHICAGO, WE ARE CONCERNED. 00:00:29.696 --> 00:00:29.796 CONCERNED. 00:00:29.796 --> 00:00:29.996 CONCERNED. SO 00:00:29.996 --> 00:00:30.230 CONCERNED. SO THAT 00:00:30.230 --> 00:00:30.663 CONCERNED. SO THAT TYPE 00:00:30.663 --> 00:00:31.131 CONCERNED. SO THAT TYPE OF 00:00:31.131 --> 00:00:32.032 CONCERNED. SO THAT TYPE OF NEWS 00:00:32.032 --> 00:00:32.232 CONCERNED. SO THAT TYPE OF NEWS REALLY 00:00:32.232 --> 00:00:32.399 CONCERNED. SO THAT TYPE OF NEWS REALLY SET 00:00:32.399 --> 00:00:32.632 SO THAT TYPE OF NEWS REALLY SET 00:00:32.632 --> 00:00:32.799 SO THAT TYPE OF NEWS REALLY SET UP 00:00:32.799 --> 00:00:33.266 SO THAT TYPE OF NEWS REALLY SET UP THE 00:00:33.266 --> 00:00:33.633 SO THAT TYPE OF NEWS REALLY SET UP THE TAPE 00:00:33.633 --> 00:00:33.833 SO THAT TYPE OF NEWS REALLY SET UP THE TAPE TO 00:00:33.833 --> 00:00:34.234 SO THAT TYPE OF NEWS REALLY SET UP THE TAPE TO HAVE 00:00:34.234 --> 00:00:35.068 SO THAT TYPE OF NEWS REALLY SET UP THE TAPE TO HAVE A 00:00:35.068 --> 00:00:35.435 SO THAT TYPE OF NEWS REALLY SET UP THE TAPE TO HAVE A PULL 00:00:35.435 --> 00:00:35.468 SO THAT TYPE OF NEWS REALLY SET UP THE TAPE TO HAVE A PULL BACK. 00:00:35.468 --> 00:00:35.568 UP THE TAPE TO HAVE A PULL BACK. 00:00:35.568 --> 00:00:35.635 UP THE TAPE TO HAVE A PULL BACK. WE 00:00:35.635 --> 00:00:35.802 UP THE TAPE TO HAVE A PULL BACK. WE HAD 00:00:35.802 --> 00:00:39.239 UP THE TAPE TO HAVE A PULL BACK. WE HAD SUCH 00:00:39.239 --> 00:00:39.472 UP THE TAPE TO HAVE A PULL BACK. WE HAD SUCH A 00:00:39.472 --> 00:00:40.006 UP THE TAPE TO HAVE A PULL BACK. WE HAD SUCH A TREMENDOUS 00:00:40.006 --> 00:00:40.040 UP THE TAPE TO HAVE A PULL BACK. WE HAD SUCH A TREMENDOUS DAY 00:00:40.040 --> 00:00:40.173 UP THE TAPE TO HAVE A PULL BACK. WE HAD SUCH A TREMENDOUS DAY WE 00:00:40.173 --> 00:00:40.473 WE HAD SUCH A TREMENDOUS DAY WE 00:00:40.473 --> 00:00:40.874 WE HAD SUCH A TREMENDOUS DAY WE DID 00:00:40.874 --> 00:00:41.074 WE HAD SUCH A TREMENDOUS DAY WE DID SEE 00:00:41.074 --> 00:00:41.341 WE HAD SUCH A TREMENDOUS DAY WE DID SEE SOME 00:00:41.341 --> 00:00:42.008 WE HAD SUCH A TREMENDOUS DAY WE DID SEE SOME IS 00:00:42.008 --> 00:00:42.509 WE HAD SUCH A TREMENDOUS DAY WE DID SEE SOME IS BIG 00:00:42.509 --> 00:00:43.076 WE HAD SUCH A TREMENDOUS DAY WE DID SEE SOME IS BIG MOVES 00:00:43.076 --> 00:00:43.109 WE HAD SUCH A TREMENDOUS DAY WE DID SEE SOME IS BIG MOVES LOWER. 00:00:43.109 --> 00:00:43.209 DID SEE SOME IS BIG MOVES LOWER. 00:00:43.209 --> 00:00:43.877 DID SEE SOME IS BIG MOVES LOWER. WE 00:00:43.877 --> 00:00:44.411 DID SEE SOME IS BIG MOVES LOWER. WE HAVE 00:00:44.411 --> 00:00:44.778 DID SEE SOME IS BIG MOVES LOWER. WE HAVE RECOVERED 00:00:44.778 --> 00:00:44.811 DID SEE SOME IS BIG MOVES LOWER. WE HAVE RECOVERED HERE 00:00:44.811 --> 00:00:45.278 WE HAVE RECOVERED HERE 00:00:45.278 --> 00:00:45.945 WE HAVE RECOVERED HERE THE 00:00:45.945 --> 00:00:46.146 WE HAVE RECOVERED HERE THE OPENING 00:00:46.146 --> 00:00:46.513 WE HAVE RECOVERED HERE THE OPENING MARKET 00:00:46.513 --> 00:00:46.746 WE HAVE RECOVERED HERE THE OPENING MARKET NOT 00:00:46.746 --> 00:00:47.447 WE HAVE RECOVERED HERE THE OPENING MARKET NOT TOO 00:00:47.447 --> 00:00:47.480 WE HAVE RECOVERED HERE THE OPENING MARKET NOT TOO FAR 00:00:47.480 --> 00:00:48.048 THE OPENING MARKET NOT TOO FAR 00:00:48.048 --> 00:00:48.081 THE OPENING MARKET NOT TOO FAR AWAY 00:00:48.081 --> 00:00:48.181 AWAY 00:00:48.181 --> 00:00:48.481 AWAY WE 00:00:48.481 --> 00:00:48.882 AWAY WE ARE 00:00:48.882 --> 00:00:49.082 AWAY WE ARE DOING 00:00:49.082 --> 00:00:50.083 AWAY WE ARE DOING OKAY 00:00:50.083 --> 00:00:50.350 AWAY WE ARE DOING OKAY AND 00:00:50.350 --> 00:00:50.517 AWAY WE ARE DOING OKAY AND DIGESTING 00:00:50.517 --> 00:00:54.287 WE ARE DOING OKAY AND DIGESTING 00:00:54.287 --> 00:00:55.188 WE ARE DOING OKAY AND DIGESTING THAT 00:00:55.188 --> 00:00:55.221 WE ARE DOING OKAY AND DIGESTING THAT NEWS. 00:00:55.221 --> 00:00:55.321 THAT NEWS. 00:00:55.321 --> 00:00:55.355 THAT NEWS. >> 00:00:55.355 --> 00:00:55.455 THAT NEWS. >> IS 00:00:55.455 --> 00:00:55.522 THAT NEWS. >> IS THAT 00:00:55.522 --> 00:00:56.890 THAT NEWS. >> IS THAT A 00:00:56.890 --> 00:00:58.191 THAT NEWS. >> IS THAT A SIGN 00:00:58.191 --> 00:00:58.291 THAT NEWS. >> IS THAT A SIGN OF 00:00:58.291 --> 00:00:59.959 THAT NEWS. >> IS THAT A SIGN OF THINGS 00:00:59.959 --> 00:00:59.993 THAT NEWS. >> IS THAT A SIGN OF THINGS TO 00:00:59.993 --> 00:01:00.260 >> IS THAT A SIGN OF THINGS TO 00:01:00.260 --> 00:01:00.293 >> IS THAT A SIGN OF THINGS TO COME 00:01:00.293 --> 00:01:00.527 COME 00:01:00.527 --> 00:01:01.761 COME THE 00:01:01.761 --> 00:01:01.795 COME THE NASDAQ, 00:01:01.795 --> 00:01:01.995 COME THE NASDAQ, I 00:01:01.995 --> 00:01:02.362 COME THE NASDAQ, I KNOW 00:01:02.362 --> 00:01:02.662 COME THE NASDAQ, I KNOW YOU 00:01:02.662 --> 00:01:02.695 COME THE NASDAQ, I KNOW YOU BELIEVE 00:01:02.695 --> 00:01:02.796 THE NASDAQ, I KNOW YOU BELIEVE 00:01:02.796 --> 00:01:03.830 THE NASDAQ, I KNOW YOU BELIEVE IT 00:01:03.830 --> 00:01:04.097 THE NASDAQ, I KNOW YOU BELIEVE IT IS 00:01:04.097 --> 00:01:04.464 THE NASDAQ, I KNOW YOU BELIEVE IT IS TECHNICALLY 00:01:04.464 --> 00:01:04.831 THE NASDAQ, I KNOW YOU BELIEVE IT IS TECHNICALLY IN 00:01:04.831 --> 00:01:04.864 THE NASDAQ, I KNOW YOU BELIEVE IT IS TECHNICALLY IN TACT, 00:01:04.864 --> 00:01:05.065 IT IS TECHNICALLY IN TACT, 00:01:05.065 --> 00:01:05.298 IT IS TECHNICALLY IN TACT, YOU'VE 00:01:05.298 --> 00:01:05.432 IT IS TECHNICALLY IN TACT, YOU'VE GOT 00:01:05.432 --> 00:01:06.166 IT IS TECHNICALLY IN TACT, YOU'VE GOT TO 00:01:06.166 --> 00:01:06.499 IT IS TECHNICALLY IN TACT, YOU'VE GOT TO BE 00:01:06.499 --> 00:01:07.567 IT IS TECHNICALLY IN TACT, YOU'VE GOT TO BE PREPARED 00:01:07.567 --> 00:01:08.268 IT IS TECHNICALLY IN TACT, YOU'VE GOT TO BE PREPARED FOR 00:01:08.268 --> 00:01:08.635 YOU'VE GOT TO BE PREPARED FOR 00:01:08.635 --> 00:01:08.668 YOU'VE GOT TO BE PREPARED FOR VOLATILITY 00:01:08.668 --> 00:01:08.802 VOLATILITY 00:01:08.802 --> 00:01:09.669 VOLATILITY THIS 00:01:09.669 --> 00:01:09.836 VOLATILITY THIS IS 00:01:09.836 --> 00:01:10.203 VOLATILITY THIS IS A 00:01:10.203 --> 00:01:10.336 VOLATILITY THIS IS A WILD 00:01:10.336 --> 00:01:10.570 VOLATILITY THIS IS A WILD SWING 00:01:10.570 --> 00:01:11.171 VOLATILITY THIS IS A WILD SWING TYPE 00:01:11.171 --> 00:01:11.204 VOLATILITY THIS IS A WILD SWING TYPE OF 00:01:11.204 --> 00:01:11.671 THIS IS A WILD SWING TYPE OF 00:01:11.671 --> 00:01:12.172 THIS IS A WILD SWING TYPE OF MARKET 00:01:12.172 --> 00:01:12.739 THIS IS A WILD SWING TYPE OF MARKET WE 00:01:12.739 --> 00:01:13.139 THIS IS A WILD SWING TYPE OF MARKET WE WITNESSED 00:01:13.139 --> 00:01:13.173 THIS IS A WILD SWING TYPE OF MARKET WE WITNESSED YESTERDAY. 00:01:13.173 --> 00:01:13.306 MARKET WE WITNESSED YESTERDAY. 00:01:13.306 --> 00:01:13.573 MARKET WE WITNESSED YESTERDAY. >> 00:01:13.573 --> 00:01:13.840 MARKET WE WITNESSED YESTERDAY. >> NO 00:01:13.840 --> 00:01:14.507 MARKET WE WITNESSED YESTERDAY. >> NO DOUBT 00:01:14.507 --> 00:01:15.141 MARKET WE WITNESSED YESTERDAY. >> NO DOUBT ABOUT 00:01:15.141 --> 00:01:15.175 MARKET WE WITNESSED YESTERDAY. >> NO DOUBT ABOUT IT 00:01:15.175 --> 00:01:15.308 >> NO DOUBT ABOUT IT 00:01:15.308 --> 00:01:15.542 >> NO DOUBT ABOUT IT LET'S 00:01:15.542 --> 00:01:15.909 >> NO DOUBT ABOUT IT LET'S TALK 00:01:15.909 --> 00:01:16.342 >> NO DOUBT ABOUT IT LET'S TALK ABOUT 00:01:16.342 --> 00:01:16.643 >> NO DOUBT ABOUT IT LET'S TALK ABOUT IT 00:01:16.643 --> 00:01:18.078 >> NO DOUBT ABOUT IT LET'S TALK ABOUT IT WITH 00:01:18.078 --> 00:01:18.244 >> NO DOUBT ABOUT IT LET'S TALK ABOUT IT WITH THAT 00:01:18.244 --> 00:01:18.611 LET'S TALK ABOUT IT WITH THAT 00:01:18.611 --> 00:01:19.112 LET'S TALK ABOUT IT WITH THAT ONE/TWO 00:01:19.112 --> 00:01:19.145 LET'S TALK ABOUT IT WITH THAT ONE/TWO PUNCH. 00:01:19.145 --> 00:01:19.546 ONE/TWO PUNCH. 00:01:19.546 --> 00:01:19.679 ONE/TWO PUNCH. WE 00:01:19.679 --> 00:01:20.413 ONE/TWO PUNCH. WE DID 00:01:20.413 --> 00:01:20.780 ONE/TWO PUNCH. WE DID SEE 00:01:20.780 --> 00:01:22.015 ONE/TWO PUNCH. WE DID SEE SOME 00:01:22.015 --> 00:01:22.182 ONE/TWO PUNCH. WE DID SEE SOME SELLING 00:01:22.182 --> 00:01:22.449 WE DID SEE SOME SELLING 00:01:22.449 --> 00:01:22.482 WE DID SEE SOME SELLING PRESSURE 00:01:22.482 --> 00:01:22.682 PRESSURE 00:01:22.682 --> 00:01:22.849 PRESSURE NOWHERE 00:01:22.849 --> 00:01:23.516 PRESSURE NOWHERE NEAR 00:01:23.516 --> 00:01:24.150 PRESSURE NOWHERE NEAR THE 00:01:24.150 --> 00:01:24.551 PRESSURE NOWHERE NEAR THE VOLATILITY 00:01:24.551 --> 00:01:24.584 PRESSURE NOWHERE NEAR THE VOLATILITY WE 00:01:24.584 --> 00:01:26.619 NOWHERE NEAR THE VOLATILITY WE 00:01:26.619 --> 00:01:29.355 NOWHERE NEAR THE VOLATILITY WE SAW 00:01:29.355 --> 00:01:30.223 NOWHERE NEAR THE VOLATILITY WE SAW IN 00:01:30.223 --> 00:01:30.256 NOWHERE NEAR THE VOLATILITY WE SAW IN MARCH 00:01:30.256 --> 00:01:30.690 SAW IN MARCH 00:01:30.690 --> 00:01:30.924 SAW IN MARCH GOING 00:01:30.924 --> 00:01:32.992 SAW IN MARCH GOING TO 00:01:32.992 --> 00:01:33.059 SAW IN MARCH GOING TO THE 00:01:33.059 --> 00:01:33.126 SAW IN MARCH GOING TO THE S&P 00:01:33.126 --> 00:01:33.193 SAW IN MARCH GOING TO THE S&P 500 00:01:33.193 --> 00:01:33.726 SAW IN MARCH GOING TO THE S&P 500 THAT 00:01:33.726 --> 00:01:33.893 SAW IN MARCH GOING TO THE S&P 500 THAT WAS 00:01:33.893 --> 00:01:35.428 GOING TO THE S&P 500 THAT WAS 00:01:35.428 --> 00:01:36.029 GOING TO THE S&P 500 THAT WAS ABOVE 00:01:36.029 --> 00:01:36.062 GOING TO THE S&P 500 THAT WAS ABOVE 3,200. 00:01:36.062 --> 00:01:36.196 ABOVE 3,200. 00:01:36.196 --> 00:01:36.496 ABOVE 3,200. THE 00:01:36.496 --> 00:01:37.330 ABOVE 3,200. THE AIR 00:01:37.330 --> 00:01:37.797 ABOVE 3,200. THE AIR IS 00:01:37.797 --> 00:01:38.898 ABOVE 3,200. THE AIR IS PRETTY 00:01:38.898 --> 00:01:40.834 ABOVE 3,200. THE AIR IS PRETTY THIN 00:01:40.834 --> 00:01:40.867 ABOVE 3,200. THE AIR IS PRETTY THIN ABOVE 00:01:40.867 --> 00:01:41.401 THE AIR IS PRETTY THIN ABOVE 00:01:41.401 --> 00:01:41.468 THE AIR IS PRETTY THIN ABOVE 3,200 00:01:41.468 --> 00:01:41.568 THE AIR IS PRETTY THIN ABOVE 3,200 TO 00:01:41.568 --> 00:01:41.734 THE AIR IS PRETTY THIN ABOVE 3,200 TO SEE 00:01:41.734 --> 00:01:42.635 THE AIR IS PRETTY THIN ABOVE 3,200 TO SEE THIS 00:01:42.635 --> 00:01:43.103 THE AIR IS PRETTY THIN ABOVE 3,200 TO SEE THIS MOVE 00:01:43.103 --> 00:01:43.136 THE AIR IS PRETTY THIN ABOVE 3,200 TO SEE THIS MOVE HIGHER, 00:01:43.136 --> 00:01:43.236 3,200 TO SEE THIS MOVE HIGHER, 00:01:43.236 --> 00:01:43.303 3,200 TO SEE THIS MOVE HIGHER, IT 00:01:43.303 --> 00:01:43.803 3,200 TO SEE THIS MOVE HIGHER, IT IS 00:01:43.803 --> 00:01:43.837 3,200 TO SEE THIS MOVE HIGHER, IT IS OKAY 00:01:43.837 --> 00:01:43.937 3,200 TO SEE THIS MOVE HIGHER, IT IS OKAY TO 00:01:43.937 --> 00:01:44.337 3,200 TO SEE THIS MOVE HIGHER, IT IS OKAY TO SEE 00:01:44.337 --> 00:01:44.571 3,200 TO SEE THIS MOVE HIGHER, IT IS OKAY TO SEE SOME 00:01:44.571 --> 00:01:45.438 3,200 TO SEE THIS MOVE HIGHER, IT IS OKAY TO SEE SOME TYPE 00:01:45.438 --> 00:01:45.472 3,200 TO SEE THIS MOVE HIGHER, IT IS OKAY TO SEE SOME TYPE OF 00:01:45.472 --> 00:01:47.207 IT IS OKAY TO SEE SOME TYPE OF 00:01:47.207 --> 00:01:47.240 IT IS OKAY TO SEE SOME TYPE OF REACTION 00:01:47.240 --> 00:01:47.307 REACTION 00:01:47.307 --> 00:01:48.441 REACTION I 00:01:48.441 --> 00:01:48.842 REACTION I KNEW 00:01:48.842 --> 00:01:49.008 REACTION I KNEW WE 00:01:49.008 --> 00:01:49.209 REACTION I KNEW WE WOULDN'T 00:01:49.209 --> 00:01:49.676 REACTION I KNEW WE WOULDN'T SPEND 00:01:49.676 --> 00:01:49.843 REACTION I KNEW WE WOULDN'T SPEND MUCH 00:01:49.843 --> 00:01:50.477 I KNEW WE WOULDN'T SPEND MUCH 00:01:50.477 --> 00:01:52.612 I KNEW WE WOULDN'T SPEND MUCH TIME 00:01:52.612 --> 00:01:52.645 I KNEW WE WOULDN'T SPEND MUCH TIME ABOVETHAT 00:01:52.645 --> 00:01:52.779 TIME ABOVETHAT 00:01:52.779 --> 00:01:53.113 TIME ABOVETHAT SURE 00:01:53.113 --> 00:01:53.713 TIME ABOVETHAT SURE ENOUGH 00:01:53.713 --> 00:01:54.180 TIME ABOVETHAT SURE ENOUGH WE 00:01:54.180 --> 00:01:54.547 TIME ABOVETHAT SURE ENOUGH WE TOOK 00:01:54.547 --> 00:01:55.048 TIME ABOVETHAT SURE ENOUGH WE TOOK THE 00:01:55.048 --> 00:01:55.081 TIME ABOVETHAT SURE ENOUGH WE TOOK THE CATALYST 00:01:55.081 --> 00:01:55.315 SURE ENOUGH WE TOOK THE CATALYST 00:01:55.315 --> 00:01:55.348 SURE ENOUGH WE TOOK THE CATALYST BACK 00:01:55.348 --> 00:01:55.682 BACK 00:01:55.682 --> 00:01:56.015 BACK >> 00:01:56.015 --> 00:01:56.883 BACK >> WHAT 00:01:56.883 --> 00:01:57.317 BACK >> WHAT IS 00:01:57.317 --> 00:01:57.851 BACK >> WHAT IS AMAZING 00:01:57.851 --> 00:01:58.585 BACK >> WHAT IS AMAZING ABOUT 00:01:58.585 --> 00:01:58.751 BACK >> WHAT IS AMAZING ABOUT THIS 00:01:58.751 --> 00:01:59.085 >> WHAT IS AMAZING ABOUT THIS 00:01:59.085 --> 00:01:59.119 >> WHAT IS AMAZING ABOUT THIS MARKET 00:01:59.119 --> 00:01:59.752 >> WHAT IS AMAZING ABOUT THIS MARKET IS 00:01:59.752 --> 00:02:00.120 >> WHAT IS AMAZING ABOUT THIS MARKET IS THAT 00:02:00.120 --> 00:02:00.520 >> WHAT IS AMAZING ABOUT THIS MARKET IS THAT IT 00:02:00.520 --> 00:02:00.753 >> WHAT IS AMAZING ABOUT THIS MARKET IS THAT IT HAS 00:02:00.753 --> 00:02:02.789 >> WHAT IS AMAZING ABOUT THIS MARKET IS THAT IT HAS BEEN 00:02:02.789 --> 00:02:02.822 >> WHAT IS AMAZING ABOUT THIS MARKET IS THAT IT HAS BEEN ALL 00:02:02.822 --> 00:02:03.056 MARKET IS THAT IT HAS BEEN ALL 00:02:03.056 --> 00:02:03.089 MARKET IS THAT IT HAS BEEN ALL TECHNOLOGY 00:02:03.089 --> 00:02:03.356 TECHNOLOGY 00:02:03.356 --> 00:02:03.923 TECHNOLOGY FINANCIALS, 00:02:03.923 --> 00:02:04.924 TECHNOLOGY FINANCIALS, THE 00:02:04.924 --> 00:02:05.191 TECHNOLOGY FINANCIALS, THE BANKS, 00:02:05.191 --> 00:02:05.558 TECHNOLOGY FINANCIALS, THE BANKS, NOT 00:02:05.558 --> 00:02:06.292 TECHNOLOGY FINANCIALS, THE BANKS, NOT AS 00:02:06.292 --> 00:02:06.526 FINANCIALS, THE BANKS, NOT AS 00:02:06.526 --> 00:02:06.593 FINANCIALS, THE BANKS, NOT AS IMPORTANT, 00:02:06.593 --> 00:02:07.026 FINANCIALS, THE BANKS, NOT AS IMPORTANT, THEY 00:02:07.026 --> 00:02:07.527 FINANCIALS, THE BANKS, NOT AS IMPORTANT, THEY HAVEN'T 00:02:07.527 --> 00:02:07.560 FINANCIALS, THE BANKS, NOT AS IMPORTANT, THEY HAVEN'T DONE, 00:02:07.560 --> 00:02:07.694 FINANCIALS, THE BANKS, NOT AS IMPORTANT, THEY HAVEN'T DONE, I 00:02:07.694 --> 00:02:07.994 IMPORTANT, THEY HAVEN'T DONE, I 00:02:07.994 --> 00:02:09.329 IMPORTANT, THEY HAVEN'T DONE, I THINK 00:02:09.329 --> 00:02:09.496 IMPORTANT, THEY HAVEN'T DONE, I THINK THE 00:02:09.496 --> 00:02:09.596 IMPORTANT, THEY HAVEN'T DONE, I THINK THE TECHNICAL 00:02:09.596 --> 00:02:10.363 IMPORTANT, THEY HAVEN'T DONE, I THINK THE TECHNICAL TERM 00:02:10.363 --> 00:02:10.530 IMPORTANT, THEY HAVEN'T DONE, I THINK THE TECHNICAL TERM IS 00:02:10.530 --> 00:02:10.697 THINK THE TECHNICAL TERM IS 00:02:10.697 --> 00:02:10.730 THINK THE TECHNICAL TERM IS SQUAT. 00:02:10.730 --> 00:02:11.264 SQUAT. 00:02:11.264 --> 00:02:12.398 SQUAT. THE 00:02:12.398 --> 00:02:13.299 SQUAT. THE XLF 00:02:13.299 --> 00:02:13.666 SQUAT. THE XLF LOOKS 00:02:13.666 --> 00:02:13.700 SQUAT. THE XLF LOOKS BAD. 00:02:13.700 --> 00:02:15.001 THE XLF LOOKS BAD. 00:02:15.001 --> 00:02:15.034 THE XLF LOOKS BAD. MANY 00:02:15.034 --> 00:02:15.768 THE XLF LOOKS BAD. MANY OF 00:02:15.768 --> 00:02:16.269 THE XLF LOOKS BAD. MANY OF THE 00:02:16.269 --> 00:02:16.903 THE XLF LOOKS BAD. MANY OF THE BANKS 00:02:16.903 --> 00:02:17.070 THE XLF LOOKS BAD. MANY OF THE BANKS LOOKING 00:02:17.070 --> 00:02:17.303 MANY OF THE BANKS LOOKING 00:02:17.303 --> 00:02:17.937 MANY OF THE BANKS LOOKING INTERESTING 00:02:17.937 --> 00:02:18.471 MANY OF THE BANKS LOOKING INTERESTING THIS 00:02:18.471 --> 00:02:18.505 MANY OF THE BANKS LOOKING INTERESTING THIS YEAR. 00:02:18.505 --> 00:02:18.638 INTERESTING THIS YEAR. 00:02:18.638 --> 00:02:19.038 INTERESTING THIS YEAR. ANY 00:02:19.038 --> 00:02:19.639 INTERESTING THIS YEAR. ANY SIGN 00:02:19.639 --> 00:02:19.739 INTERESTING THIS YEAR. ANY SIGN THAT 00:02:19.739 --> 00:02:19.839 INTERESTING THIS YEAR. ANY SIGN THAT BANKS 00:02:19.839 --> 00:02:20.006 INTERESTING THIS YEAR. ANY SIGN THAT BANKS WILL 00:02:20.006 --> 00:02:20.173 INTERESTING THIS YEAR. ANY SIGN THAT BANKS WILL TURN 00:02:20.173 --> 00:02:20.340 ANY SIGN THAT BANKS WILL TURN 00:02:20.340 --> 00:02:20.573 ANY SIGN THAT BANKS WILL TURN AROUND 00:02:20.573 --> 00:02:20.940 ANY SIGN THAT BANKS WILL TURN AROUND AND 00:02:20.940 --> 00:02:21.107 ANY SIGN THAT BANKS WILL TURN AROUND AND DO 00:02:21.107 --> 00:02:21.441 ANY SIGN THAT BANKS WILL TURN AROUND AND DO WE 00:02:21.441 --> 00:02:23.643 ANY SIGN THAT BANKS WILL TURN AROUND AND DO WE NEED 00:02:23.643 --> 00:02:24.544 ANY SIGN THAT BANKS WILL TURN AROUND AND DO WE NEED THEM 00:02:24.544 --> 00:02:24.577 ANY SIGN THAT BANKS WILL TURN AROUND AND DO WE NEED THEM TO? 00:02:24.577 --> 00:02:26.279 AROUND AND DO WE NEED THEM TO? 00:02:26.279 --> 00:02:26.379 AROUND AND DO WE NEED THEM TO? >> 00:02:26.379 --> 00:02:26.479 AROUND AND DO WE NEED THEM TO? >> SECOND 00:02:26.479 --> 00:02:27.013 AROUND AND DO WE NEED THEM TO? >> SECOND WORST 00:02:27.013 --> 00:02:27.247 AROUND AND DO WE NEED THEM TO? >> SECOND WORST SECTOR 00:02:27.247 --> 00:02:27.814 AROUND AND DO WE NEED THEM TO? >> SECOND WORST SECTOR IN 00:02:27.814 --> 00:02:27.981 AROUND AND DO WE NEED THEM TO? >> SECOND WORST SECTOR IN THE 00:02:27.981 --> 00:02:28.081 >> SECOND WORST SECTOR IN THE 00:02:28.081 --> 00:02:28.915 >> SECOND WORST SECTOR IN THE S&P 00:02:28.915 --> 00:02:28.948 >> SECOND WORST SECTOR IN THE S&P 500. 00:02:28.948 --> 00:02:29.082 S&P 500. 00:02:29.082 --> 00:02:29.115 S&P 500. THIS 00:02:29.115 --> 00:02:29.449 S&P 500. THIS IS 00:02:29.449 --> 00:02:29.682 S&P 500. THIS IS A 00:02:29.682 --> 00:02:29.916 S&P 500. THIS IS A BIG 00:02:29.916 --> 00:02:30.884 S&P 500. THIS IS A BIG WEEK 00:02:30.884 --> 00:02:31.184 S&P 500. THIS IS A BIG WEEK FOR 00:02:31.184 --> 00:02:31.217 S&P 500. THIS IS A BIG WEEK FOR EARNINGS. 00:02:31.217 --> 00:02:31.584 THIS IS A BIG WEEK FOR EARNINGS. 00:02:31.584 --> 00:02:31.985 THIS IS A BIG WEEK FOR EARNINGS. WE 00:02:31.985 --> 00:02:32.752 THIS IS A BIG WEEK FOR EARNINGS. WE GET 00:02:32.752 --> 00:02:33.253 THIS IS A BIG WEEK FOR EARNINGS. WE GET REALLY 00:02:33.253 --> 00:02:33.286 THIS IS A BIG WEEK FOR EARNINGS. WE GET REALLY EXCITED. 00:02:33.286 --> 00:02:33.620 WE GET REALLY EXCITED. 00:02:33.620 --> 00:02:33.786 WE GET REALLY EXCITED. ALL 00:02:33.786 --> 00:02:34.020 WE GET REALLY EXCITED. ALL OF 00:02:34.020 --> 00:02:34.654 WE GET REALLY EXCITED. ALL OF THESE 00:02:34.654 --> 00:02:35.021 WE GET REALLY EXCITED. ALL OF THESE DIFFERENT 00:02:35.021 --> 00:02:35.054 WE GET REALLY EXCITED. ALL OF THESE DIFFERENT NAMES 00:02:35.054 --> 00:02:35.221 ALL OF THESE DIFFERENT NAMES 00:02:35.221 --> 00:02:35.855 ALL OF THESE DIFFERENT NAMES WILL 00:02:35.855 --> 00:02:36.022 ALL OF THESE DIFFERENT NAMES WILL GIVE 00:02:36.022 --> 00:02:37.323 ALL OF THESE DIFFERENT NAMES WILL GIVE US 00:02:37.323 --> 00:02:38.091 ALL OF THESE DIFFERENT NAMES WILL GIVE US THE 00:02:38.091 --> 00:02:38.124 ALL OF THESE DIFFERENT NAMES WILL GIVE US THE INSIGHT 00:02:38.124 --> 00:02:38.858 WILL GIVE US THE INSIGHT 00:02:38.858 --> 00:02:39.159 WILL GIVE US THE INSIGHT I 00:02:39.159 --> 00:02:39.692 WILL GIVE US THE INSIGHT I HAVE 00:02:39.692 --> 00:02:40.260 WILL GIVE US THE INSIGHT I HAVE SEEN 00:02:40.260 --> 00:02:40.293 WILL GIVE US THE INSIGHT I HAVE SEEN THIS 00:02:40.293 --> 00:02:41.161 WILL GIVE US THE INSIGHT I HAVE SEEN THIS AS 00:02:41.161 --> 00:02:41.528 WILL GIVE US THE INSIGHT I HAVE SEEN THIS AS THE 00:02:41.528 --> 00:02:41.561 WILL GIVE US THE INSIGHT I HAVE SEEN THIS AS THE PUNT 00:02:41.561 --> 00:02:41.694 WILL GIVE US THE INSIGHT I HAVE SEEN THIS AS THE PUNT OF 00:02:41.694 --> 00:02:43.696 I HAVE SEEN THIS AS THE PUNT OF 00:02:43.696 --> 00:02:43.897 I HAVE SEEN THIS AS THE PUNT OF THE 00:02:43.897 --> 00:02:43.930 I HAVE SEEN THIS AS THE PUNT OF THE DECADE 00:02:43.930 --> 00:02:44.364 THE DECADE 00:02:44.364 --> 00:02:44.397 THE DECADE WHY? 00:02:44.397 --> 00:02:44.597 WHY? 00:02:44.597 --> 00:02:44.664 WHY? DUE 00:02:44.664 --> 00:02:45.598 WHY? DUE TO 00:02:45.598 --> 00:02:46.065 WHY? DUE TO THE 00:02:46.065 --> 00:02:46.099 WHY? DUE TO THE GUIDANCE. 00:02:46.099 --> 00:02:46.232 DUE TO THE GUIDANCE. 00:02:46.232 --> 00:02:46.566 DUE TO THE GUIDANCE. RIGHT 00:02:46.566 --> 00:02:47.066 DUE TO THE GUIDANCE. RIGHT NOW, 00:02:47.066 --> 00:02:47.500 DUE TO THE GUIDANCE. RIGHT NOW, ALL 00:02:47.500 --> 00:02:47.901 DUE TO THE GUIDANCE. RIGHT NOW, ALL OF 00:02:47.901 --> 00:02:49.369 DUE TO THE GUIDANCE. RIGHT NOW, ALL OF OUR 00:02:49.369 --> 00:02:49.536 DUE TO THE GUIDANCE. RIGHT NOW, ALL OF OUR TECHNICAL 00:02:49.536 --> 00:02:49.702 RIGHT NOW, ALL OF OUR TECHNICAL 00:02:49.702 --> 00:02:50.136 RIGHT NOW, ALL OF OUR TECHNICAL MODELS 00:02:50.136 --> 00:02:50.637 RIGHT NOW, ALL OF OUR TECHNICAL MODELS HAVE 00:02:50.637 --> 00:02:51.571 RIGHT NOW, ALL OF OUR TECHNICAL MODELS HAVE SOLD 00:02:51.571 --> 00:02:51.604 RIGHT NOW, ALL OF OUR TECHNICAL MODELS HAVE SOLD AND 00:02:51.604 --> 00:02:52.005 RIGHT NOW, ALL OF OUR TECHNICAL MODELS HAVE SOLD AND WE 00:02:52.005 --> 00:02:52.172 RIGHT NOW, ALL OF OUR TECHNICAL MODELS HAVE SOLD AND WE HAVEN'T 00:02:52.172 --> 00:02:52.605 MODELS HAVE SOLD AND WE HAVEN'T 00:02:52.605 --> 00:02:53.006 MODELS HAVE SOLD AND WE HAVEN'T SEEN 00:02:53.006 --> 00:02:54.374 MODELS HAVE SOLD AND WE HAVEN'T SEEN THEM 00:02:54.374 --> 00:02:55.108 MODELS HAVE SOLD AND WE HAVEN'T SEEN THEM BE 00:02:55.108 --> 00:02:56.442 MODELS HAVE SOLD AND WE HAVEN'T SEEN THEM BE ILLUMINATED 00:02:56.442 --> 00:02:56.476 MODELS HAVE SOLD AND WE HAVEN'T SEEN THEM BE ILLUMINATED YET 00:02:56.476 --> 00:02:56.609 SEEN THEM BE ILLUMINATED YET 00:02:56.609 --> 00:02:57.110 SEEN THEM BE ILLUMINATED YET THERE 00:02:57.110 --> 00:02:57.710 SEEN THEM BE ILLUMINATED YET THERE FOR 00:02:57.710 --> 00:02:59.078 SEEN THEM BE ILLUMINATED YET THERE FOR BEING 00:02:59.078 --> 00:02:59.712 SEEN THEM BE ILLUMINATED YET THERE FOR BEING VERY, 00:02:59.712 --> 00:02:59.746 SEEN THEM BE ILLUMINATED YET THERE FOR BEING VERY, VERY 00:02:59.746 --> 00:03:00.046 THERE FOR BEING VERY, VERY 00:03:00.046 --> 00:03:00.079 THERE FOR BEING VERY, VERY STINGY 00:03:00.079 --> 00:03:00.580 STINGY 00:03:00.580 --> 00:03:00.613 STINGY >> 00:03:00.613 --> 00:03:00.980 STINGY >> WE 00:03:00.980 --> 00:03:01.114 STINGY >> WE HAVE 00:03:01.114 --> 00:03:01.381 STINGY >> WE HAVE THE 00:03:01.381 --> 00:03:01.948 STINGY >> WE HAVE THE BIG 00:03:01.948 --> 00:03:02.315 STINGY >> WE HAVE THE BIG BANK 00:03:02.315 --> 00:03:02.482 STINGY >> WE HAVE THE BIG BANK NUMBERS 00:03:02.482 --> 00:03:02.849 >> WE HAVE THE BIG BANK NUMBERS 00:03:02.849 --> 00:03:04.050 >> WE HAVE THE BIG BANK NUMBERS COMING 00:03:04.050 --> 00:03:04.083 >> WE HAVE THE BIG BANK NUMBERS COMING OUT 00:03:04.083 --> 00:03:04.184 COMING OUT 00:03:04.184 --> 00:03:04.250 COMING OUT NO 00:03:04.250 --> 00:03:04.384 COMING OUT NO ONE 00:03:04.384 --> 00:03:04.784 COMING OUT NO ONE WILL 00:03:04.784 --> 00:03:04.918 COMING OUT NO ONE WILL CARE 00:03:04.918 --> 00:03:05.552 COMING OUT NO ONE WILL CARE ABOUT 00:03:05.552 --> 00:03:05.585 COMING OUT NO ONE WILL CARE ABOUT THE 00:03:05.585 --> 00:03:06.019 NO ONE WILL CARE ABOUT THE 00:03:06.019 --> 00:03:06.619 NO ONE WILL CARE ABOUT THE SECOND 00:03:06.619 --> 00:03:06.653 NO ONE WILL CARE ABOUT THE SECOND QUARTER 00:03:06.653 --> 00:03:06.986 SECOND QUARTER 00:03:06.986 --> 00:03:07.253 SECOND QUARTER THE 00:03:07.253 --> 00:03:07.921 SECOND QUARTER THE EARNINGS 00:03:07.921 --> 00:03:08.154 SECOND QUARTER THE EARNINGS DOESN'T 00:03:08.154 --> 00:03:08.188 SECOND QUARTER THE EARNINGS DOESN'T MATTER. 00:03:08.188 --> 00:03:08.354 THE EARNINGS DOESN'T MATTER. 00:03:08.354 --> 00:03:08.888 THE EARNINGS DOESN'T MATTER. IT 00:03:08.888 --> 00:03:09.055 THE EARNINGS DOESN'T MATTER. IT WILL 00:03:09.055 --> 00:03:09.556 THE EARNINGS DOESN'T MATTER. IT WILL BE 00:03:09.556 --> 00:03:09.756 THE EARNINGS DOESN'T MATTER. IT WILL BE THE 00:03:09.756 --> 00:03:11.524 THE EARNINGS DOESN'T MATTER. IT WILL BE THE GUIDANCE 00:03:11.524 --> 00:03:11.558 THE EARNINGS DOESN'T MATTER. IT WILL BE THE GUIDANCE THAT 00:03:11.558 --> 00:03:11.758 IT WILL BE THE GUIDANCE THAT 00:03:11.758 --> 00:03:11.791 IT WILL BE THE GUIDANCE THAT MATTERS. 00:03:11.791 --> 00:03:12.192 MATTERS. 00:03:12.192 --> 00:03:12.759 MATTERS. PROBABLY 00:03:12.759 --> 00:03:13.526 MATTERS. PROBABLY MORE 00:03:13.526 --> 00:03:14.160 MATTERS. PROBABLY MORE SPECIFICALLY, 00:03:14.160 --> 00:03:14.327 MATTERS. PROBABLY MORE SPECIFICALLY, THE 00:03:14.327 --> 00:03:15.562 PROBABLY MORE SPECIFICALLY, THE 00:03:15.562 --> 00:03:16.396 PROBABLY MORE SPECIFICALLY, THE LOAN 00:03:16.396 --> 00:03:17.197 PROBABLY MORE SPECIFICALLY, THE LOAN LOSS 00:03:17.197 --> 00:03:17.463 PROBABLY MORE SPECIFICALLY, THE LOAN LOSS WRITEOFF 00:03:17.463 --> 00:03:17.497 PROBABLY MORE SPECIFICALLY, THE LOAN LOSS WRITEOFF PROVISIONS. 00:03:17.497 --> 00:03:18.097 LOAN LOSS WRITEOFF PROVISIONS. 00:03:18.097 --> 00:03:18.364 LOAN LOSS WRITEOFF PROVISIONS. THAT 00:03:18.364 --> 00:03:18.698 LOAN LOSS WRITEOFF PROVISIONS. THAT WILL 00:03:18.698 --> 00:03:19.098 LOAN LOSS WRITEOFF PROVISIONS. THAT WILL BE 00:03:19.098 --> 00:03:19.465 LOAN LOSS WRITEOFF PROVISIONS. THAT WILL BE THE 00:03:19.465 --> 00:03:19.732 LOAN LOSS WRITEOFF PROVISIONS. THAT WILL BE THE NUMBER 00:03:19.732 --> 00:03:19.766 LOAN LOSS WRITEOFF PROVISIONS. THAT WILL BE THE NUMBER THAT 00:03:19.766 --> 00:03:19.899 THAT WILL BE THE NUMBER THAT 00:03:19.899 --> 00:03:20.433 THAT WILL BE THE NUMBER THAT SAYS 00:03:20.433 --> 00:03:20.667 THAT WILL BE THE NUMBER THAT SAYS WILL 00:03:20.667 --> 00:03:20.934 THAT WILL BE THE NUMBER THAT SAYS WILL MATTER 00:03:20.934 --> 00:03:21.868 THAT WILL BE THE NUMBER THAT SAYS WILL MATTER THE 00:03:21.868 --> 00:03:21.935 THAT WILL BE THE NUMBER THAT SAYS WILL MATTER THE MOST 00:03:21.935 --> 00:03:22.035 THAT WILL BE THE NUMBER THAT SAYS WILL MATTER THE MOST AND 00:03:22.035 --> 00:03:22.802 SAYS WILL MATTER THE MOST AND 00:03:22.802 --> 00:03:23.036 SAYS WILL MATTER THE MOST AND YOU 00:03:23.036 --> 00:03:23.303 SAYS WILL MATTER THE MOST AND YOU AGREE 00:03:23.303 --> 00:03:23.803 SAYS WILL MATTER THE MOST AND YOU AGREE WHAT 00:03:23.803 --> 00:03:24.070 SAYS WILL MATTER THE MOST AND YOU AGREE WHAT ELSE 00:03:24.070 --> 00:03:24.304 SAYS WILL MATTER THE MOST AND YOU AGREE WHAT ELSE WILL 00:03:24.304 --> 00:03:25.171 SAYS WILL MATTER THE MOST AND YOU AGREE WHAT ELSE WILL YOU 00:03:25.171 --> 00:03:25.338 SAYS WILL MATTER THE MOST AND YOU AGREE WHAT ELSE WILL YOU BE 00:03:25.338 --> 00:03:25.872 YOU AGREE WHAT ELSE WILL YOU BE 00:03:25.872 --> 00:03:25.905 YOU AGREE WHAT ELSE WILL YOU BE WATCHING 00:03:25.905 --> 00:03:26.005 WATCHING 00:03:26.005 --> 00:03:27.540 WATCHING >> 00:03:27.540 --> 00:03:28.141 WATCHING >> I 00:03:28.141 --> 00:03:28.174 WATCHING >> I AGREE 00:03:28.174 --> 00:03:28.308 >> I AGREE 00:03:28.308 --> 00:03:28.608 >> I AGREE I'LL 00:03:28.608 --> 00:03:28.741 >> I AGREE I'LL ADD 00:03:28.741 --> 00:03:29.275 >> I AGREE I'LL ADD ONE 00:03:29.275 --> 00:03:29.309 >> I AGREE I'LL ADD ONE PIECE 00:03:29.309 --> 00:03:29.676 >> I AGREE I'LL ADD ONE PIECE OF 00:03:29.676 --> 00:03:30.343 >> I AGREE I'LL ADD ONE PIECE OF THE 00:03:30.343 --> 00:03:30.376 >> I AGREE I'LL ADD ONE PIECE OF THE PUZZLE 00:03:30.376 --> 00:03:31.211 I'LL ADD ONE PIECE OF THE PUZZLE 00:03:31.211 --> 00:03:31.244 I'LL ADD ONE PIECE OF THE PUZZLE HERE 00:03:31.244 --> 00:03:31.344 HERE 00:03:31.344 --> 00:03:31.411 HERE YOU 00:03:31.411 --> 00:03:32.111 HERE YOU SEE 00:03:32.111 --> 00:03:32.312 HERE YOU SEE THE 00:03:32.312 --> 00:03:32.345 HERE YOU SEE THE TRADING. 00:03:32.345 --> 00:03:32.845 YOU SEE THE TRADING. 00:03:32.845 --> 00:03:32.912 YOU SEE THE TRADING. WHEN 00:03:32.912 --> 00:03:33.246 YOU SEE THE TRADING. WHEN YOU 00:03:33.246 --> 00:03:34.747 YOU SEE THE TRADING. WHEN YOU SEE 00:03:34.747 --> 00:03:35.081 YOU SEE THE TRADING. WHEN YOU SEE THE 00:03:35.081 --> 00:03:35.114 YOU SEE THE TRADING. WHEN YOU SEE THE VOLATILITY, 00:03:35.114 --> 00:03:35.248 WHEN YOU SEE THE VOLATILITY, 00:03:35.248 --> 00:03:36.015 WHEN YOU SEE THE VOLATILITY, THEY 00:03:36.015 --> 00:03:36.149 WHEN YOU SEE THE VOLATILITY, THEY HAVE 00:03:36.149 --> 00:03:36.416 WHEN YOU SEE THE VOLATILITY, THEY HAVE THE 00:03:36.416 --> 00:03:37.150 WHEN YOU SEE THE VOLATILITY, THEY HAVE THE ABILITY 00:03:37.150 --> 00:03:37.684 WHEN YOU SEE THE VOLATILITY, THEY HAVE THE ABILITY TO 00:03:37.684 --> 00:03:37.717 WHEN YOU SEE THE VOLATILITY, THEY HAVE THE ABILITY TO EARN. 00:03:37.717 --> 00:03:38.384 THEY HAVE THE ABILITY TO EARN. 00:03:38.384 --> 00:03:39.485 THEY HAVE THE ABILITY TO EARN. THE 00:03:39.485 --> 00:03:40.253 THEY HAVE THE ABILITY TO EARN. THE TRADING 00:03:40.253 --> 00:03:41.054 THEY HAVE THE ABILITY TO EARN. THE TRADING CAPABILITIES 00:03:41.054 --> 00:03:41.087 THEY HAVE THE ABILITY TO EARN. THE TRADING CAPABILITIES COULD 00:03:41.087 --> 00:03:41.688 THE TRADING CAPABILITIES COULD 00:03:41.688 --> 00:03:41.888 THE TRADING CAPABILITIES COULD SURPRISE 00:03:41.888 --> 00:03:41.921 THE TRADING CAPABILITIES COULD SURPRISE PEOPLE. 00:03:41.921 --> 00:03:42.755 SURPRISE PEOPLE. 00:03:42.755 --> 00:03:43.289 SURPRISE PEOPLE. THEY 00:03:43.289 --> 00:03:43.389 SURPRISE PEOPLE. THEY TYPICALLY 00:03:43.389 --> 00:03:43.690 SURPRISE PEOPLE. THEY TYPICALLY COME 00:03:43.690 --> 00:03:46.059 SURPRISE PEOPLE. THEY TYPICALLY COME DOWN 00:03:46.059 --> 00:03:46.092 SURPRISE PEOPLE. THEY TYPICALLY COME DOWN THE 00:03:46.092 --> 00:03:46.259 THEY TYPICALLY COME DOWN THE 00:03:46.259 --> 00:03:46.292 THEY TYPICALLY COME DOWN THE MIDDLE 00:03:46.292 --> 00:03:46.859 THEY TYPICALLY COME DOWN THE MIDDLE OF 00:03:46.859 --> 00:03:47.594 THEY TYPICALLY COME DOWN THE MIDDLE OF THE 00:03:47.594 --> 00:03:47.627 THEY TYPICALLY COME DOWN THE MIDDLE OF THE PLATE. 00:03:47.627 --> 00:03:48.761 MIDDLE OF THE PLATE. 00:03:48.761 --> 00:03:49.596 MIDDLE OF THE PLATE. YOU 00:03:49.596 --> 00:03:49.929 MIDDLE OF THE PLATE. YOU MAY 00:03:49.929 --> 00:03:50.196 MIDDLE OF THE PLATE. YOU MAY SEE 00:03:50.196 --> 00:03:50.830 MIDDLE OF THE PLATE. YOU MAY SEE LIKE 00:03:50.830 --> 00:03:51.197 MIDDLE OF THE PLATE. YOU MAY SEE LIKE JP 00:03:51.197 --> 00:03:51.431 MIDDLE OF THE PLATE. YOU MAY SEE LIKE JP MORGAN 00:03:51.431 --> 00:03:51.464 MIDDLE OF THE PLATE. YOU MAY SEE LIKE JP MORGAN AND 00:03:51.464 --> 00:03:51.664 YOU MAY SEE LIKE JP MORGAN AND 00:03:51.664 --> 00:03:51.931 YOU MAY SEE LIKE JP MORGAN AND THE 00:03:51.931 --> 00:03:52.532 YOU MAY SEE LIKE JP MORGAN AND THE LIKE 00:03:52.532 --> 00:03:52.799 YOU MAY SEE LIKE JP MORGAN AND THE LIKE HIT 00:03:52.799 --> 00:03:52.899 YOU MAY SEE LIKE JP MORGAN AND THE LIKE HIT IT 00:03:52.899 --> 00:03:52.966 YOU MAY SEE LIKE JP MORGAN AND THE LIKE HIT IT OUT 00:03:52.966 --> 00:03:53.499 YOU MAY SEE LIKE JP MORGAN AND THE LIKE HIT IT OUT OF 00:03:53.499 --> 00:03:54.534 YOU MAY SEE LIKE JP MORGAN AND THE LIKE HIT IT OUT OF THE 00:03:54.534 --> 00:03:54.567 YOU MAY SEE LIKE JP MORGAN AND THE LIKE HIT IT OUT OF THE PARK. 00:03:54.567 --> 00:03:54.634 THE LIKE HIT IT OUT OF THE PARK. 00:03:54.634 --> 00:03:54.934 THE LIKE HIT IT OUT OF THE PARK. A 00:03:54.934 --> 00:03:55.501 THE LIKE HIT IT OUT OF THE PARK. A LITTLE 00:03:55.501 --> 00:03:55.969 THE LIKE HIT IT OUT OF THE PARK. A LITTLE BASEBALL 00:03:55.969 --> 00:03:56.002 THE LIKE HIT IT OUT OF THE PARK. A LITTLE BASEBALL REFERENCE. 00:03:56.002 --> 00:03:56.102 A LITTLE BASEBALL REFERENCE. 00:03:56.102 --> 00:03:56.369 A LITTLE BASEBALL REFERENCE. >> 00:03:56.369 --> 00:03:56.736 A LITTLE BASEBALL REFERENCE. >> I'M 00:03:56.736 --> 00:03:57.036 A LITTLE BASEBALL REFERENCE. >> I'M TOLD 00:03:57.036 --> 00:03:57.470 A LITTLE BASEBALL REFERENCE. >> I'M TOLD BASEBALL 00:03:57.470 --> 00:03:57.971 A LITTLE BASEBALL REFERENCE. >> I'M TOLD BASEBALL IS 00:03:57.971 --> 00:03:58.004 A LITTLE BASEBALL REFERENCE. >> I'M TOLD BASEBALL IS COMING 00:03:58.004 --> 00:03:58.137 >> I'M TOLD BASEBALL IS COMING 00:03:58.137 --> 00:03:58.238 >> I'M TOLD BASEBALL IS COMING BACK 00:03:58.238 --> 00:03:58.438 >> I'M TOLD BASEBALL IS COMING BACK IN 00:03:58.438 --> 00:03:58.671 >> I'M TOLD BASEBALL IS COMING BACK IN A 00:03:58.671 --> 00:03:59.839 >> I'M TOLD BASEBALL IS COMING BACK IN A COUPLE 00:03:59.839 --> 00:03:59.973 >> I'M TOLD BASEBALL IS COMING BACK IN A COUPLE OF 00:03:59.973 --> 00:04:00.073 >> I'M TOLD BASEBALL IS COMING BACK IN A COUPLE OF DAYS 00:04:00.073 --> 00:04:00.206 BACK IN A COUPLE OF DAYS 00:04:00.206 --> 00:04:00.273 BACK IN A COUPLE OF DAYS WHAT 00:04:00.273 --> 00:04:00.773 BACK IN A COUPLE OF DAYS WHAT ARE 00:04:00.773 --> 00:04:00.873 BACK IN A COUPLE OF DAYS WHAT ARE YOU 00:04:00.873 --> 00:04:01.307 BACK IN A COUPLE OF DAYS WHAT ARE YOU GOING 00:04:01.307 --> 00:04:02.342 BACK IN A COUPLE OF DAYS WHAT ARE YOU GOING TO 00:04:02.342 --> 00:04:02.375 BACK IN A COUPLE OF DAYS WHAT ARE YOU GOING TO BE 00:04:02.375 --> 00:04:02.575 WHAT ARE YOU GOING TO BE 00:04:02.575 --> 00:04:08.348 WHAT ARE YOU GOING TO BE WATCHING 00:04:08.348 --> 00:04:08.715 WHAT ARE YOU GOING TO BE WATCHING MOST 00:04:08.715 --> 00:04:08.748 WHAT ARE YOU GOING TO BE WATCHING MOST CLOSELY? 00:04:08.748 --> 00:04:09.249 WATCHING MOST CLOSELY? 00:04:09.249 --> 00:04:09.649 WATCHING MOST CLOSELY? TECHNICALS 00:04:09.649 --> 00:04:09.682 WATCHING MOST CLOSELY? TECHNICALS TESLA 00:04:09.682 --> 00:04:09.816 TECHNICALS TESLA 00:04:09.816 --> 00:04:10.350 TECHNICALS TESLA WHAT 00:04:10.350 --> 00:04:10.984 TECHNICALS TESLA WHAT IS 00:04:10.984 --> 00:04:11.017 TECHNICALS TESLA WHAT IS KEY? 00:04:11.017 --> 00:04:11.718 WHAT IS KEY? 00:04:11.718 --> 00:04:11.784 WHAT IS KEY? >> 00:04:11.784 --> 00:04:12.452 WHAT IS KEY? >> HOW 00:04:12.452 --> 00:04:13.253 WHAT IS KEY? >> HOW ABOUT 00:04:13.253 --> 00:04:13.286 WHAT IS KEY? >> HOW ABOUT TESLA 00:04:13.286 --> 00:04:13.386 >> HOW ABOUT TESLA 00:04:13.386 --> 00:04:13.453 >> HOW ABOUT TESLA TO 00:04:13.453 --> 00:04:13.820 >> HOW ABOUT TESLA TO SEE 00:04:13.820 --> 00:04:14.120 >> HOW ABOUT TESLA TO SEE THAT 00:04:14.120 --> 00:04:14.420 >> HOW ABOUT TESLA TO SEE THAT MOVE 00:04:14.420 --> 00:04:14.854 >> HOW ABOUT TESLA TO SEE THAT MOVE THAT 00:04:14.854 --> 00:04:15.822 >> HOW ABOUT TESLA TO SEE THAT MOVE THAT WAS 00:04:15.822 --> 00:04:15.855 >> HOW ABOUT TESLA TO SEE THAT MOVE THAT WAS UP 00:04:15.855 --> 00:04:16.322 TO SEE THAT MOVE THAT WAS UP 00:04:16.322 --> 00:04:17.257 TO SEE THAT MOVE THAT WAS UP NEARLY 00:04:17.257 --> 00:04:17.290 TO SEE THAT MOVE THAT WAS UP NEARLY 15% 00:04:17.290 --> 00:04:17.357 NEARLY 15% 00:04:17.357 --> 00:04:17.457 NEARLY 15% I 00:04:17.457 --> 00:04:18.124 NEARLY 15% I THINK 00:04:18.124 --> 00:04:18.391 NEARLY 15% I THINK THAT 00:04:18.391 --> 00:04:19.325 NEARLY 15% I THINK THAT EMOTION 00:04:19.325 --> 00:04:19.492 NEARLY 15% I THINK THAT EMOTION IS 00:04:19.492 --> 00:04:21.227 I THINK THAT EMOTION IS 00:04:21.227 --> 00:04:21.261 I THINK THAT EMOTION IS IMPORTANT. 00:04:21.261 --> 00:04:21.394 IMPORTANT. 00:04:21.394 --> 00:04:21.427 IMPORTANT. KEEP 00:04:21.427 --> 00:04:21.494 IMPORTANT. KEEP AN 00:04:21.494 --> 00:04:22.428 IMPORTANT. KEEP AN EYE 00:04:22.428 --> 00:04:23.896 IMPORTANT. KEEP AN EYE ON 00:04:23.896 --> 00:04:24.163 IMPORTANT. KEEP AN EYE ON THE 00:04:24.163 --> 00:04:24.931 IMPORTANT. KEEP AN EYE ON THE VIX 00:04:24.931 --> 00:04:24.964 IMPORTANT. KEEP AN EYE ON THE VIX AGAIN 00:04:24.964 --> 00:04:25.098 KEEP AN EYE ON THE VIX AGAIN 00:04:25.098 --> 00:04:25.632 KEEP AN EYE ON THE VIX AGAIN THIS 00:04:25.632 --> 00:04:25.665 KEEP AN EYE ON THE VIX AGAIN THIS WEEK. 00:04:25.665 --> 00:04:25.832 THIS WEEK. 00:04:25.832 --> 00:04:26.132 THIS WEEK. KIND 00:04:26.132 --> 00:04:27.100 THIS WEEK. KIND OF 00:04:27.100 --> 00:04:27.867 THIS WEEK. KIND OF A 00:04:27.867 --> 00:04:28.701 THIS WEEK. KIND OF A HEALING 00:04:28.701 --> 00:04:28.735 THIS WEEK. KIND OF A HEALING MEASUREMENT. 00:04:28.735 --> 00:04:28.801 KIND OF A HEALING MEASUREMENT. 00:04:28.801 --> 00:04:28.901 KIND OF A HEALING MEASUREMENT. I 00:04:28.901 --> 00:04:29.002 KIND OF A HEALING MEASUREMENT. I THINK 00:04:29.002 --> 00:04:29.469 KIND OF A HEALING MEASUREMENT. I THINK THIS 00:04:29.469 --> 00:04:29.736 KIND OF A HEALING MEASUREMENT. I THINK THIS WEEK, 00:04:29.736 --> 00:04:29.936 KIND OF A HEALING MEASUREMENT. I THINK THIS WEEK, YOU 00:04:29.936 --> 00:04:30.203 KIND OF A HEALING MEASUREMENT. I THINK THIS WEEK, YOU HAVE 00:04:30.203 --> 00:04:30.236 KIND OF A HEALING MEASUREMENT. I THINK THIS WEEK, YOU HAVE TO 00:04:30.236 --> 00:04:30.503 I THINK THIS WEEK, YOU HAVE TO 00:04:30.503 --> 00:04:30.637 I THINK THIS WEEK, YOU HAVE TO UNDERSTAND 00:04:30.637 --> 00:04:31.137 I THINK THIS WEEK, YOU HAVE TO UNDERSTAND THERE 00:04:31.137 --> 00:04:31.170 I THINK THIS WEEK, YOU HAVE TO UNDERSTAND THERE IS 00:04:31.170 --> 00:04:31.371 I THINK THIS WEEK, YOU HAVE TO UNDERSTAND THERE IS A 00:04:31.371 --> 00:04:32.005 I THINK THIS WEEK, YOU HAVE TO UNDERSTAND THERE IS A LOT 00:04:32.005 --> 00:04:32.038 I THINK THIS WEEK, YOU HAVE TO UNDERSTAND THERE IS A LOT OF 00:04:32.038 --> 00:04:32.171 UNDERSTAND THERE IS A LOT OF 00:04:32.171 --> 00:04:32.705 UNDERSTAND THERE IS A LOT OF NAMES 00:04:32.705 --> 00:04:33.339 UNDERSTAND THERE IS A LOT OF NAMES OUT 00:04:33.339 --> 00:04:33.373 UNDERSTAND THERE IS A LOT OF NAMES OUT THERE. 00:04:33.373 --> 00:04:33.473 NAMES OUT THERE. 00:04:33.473 --> 00:04:33.840 NAMES OUT THERE. YOU 00:04:33.840 --> 00:04:34.741 NAMES OUT THERE. YOU TALK 00:04:34.741 --> 00:04:35.074 NAMES OUT THERE. YOU TALK ABOUT 00:04:35.074 --> 00:04:35.308 NAMES OUT THERE. YOU TALK ABOUT SOME 00:04:35.308 --> 00:04:36.309 NAMES OUT THERE. YOU TALK ABOUT SOME OF 00:04:36.309 --> 00:04:36.342 NAMES OUT THERE. YOU TALK ABOUT SOME OF THOSE 00:04:36.342 --> 00:04:36.509 YOU TALK ABOUT SOME OF THOSE 00:04:36.509 --> 00:04:36.542 YOU TALK ABOUT SOME OF THOSE GEMS 00:04:36.542 --> 00:04:36.676 GEMS 00:04:36.676 --> 00:04:37.010 GEMS LOOK 00:04:37.010 --> 00:04:37.243 GEMS LOOK AT 00:04:37.243 --> 00:04:37.277 GEMS LOOK AT SOME 00:04:37.277 --> 00:04:37.777 GEMS LOOK AT SOME OF 00:04:37.777 --> 00:04:38.044 GEMS LOOK AT SOME OF THOSE 00:04:38.044 --> 00:04:38.544 GEMS LOOK AT SOME OF THOSE NAMES 00:04:38.544 --> 00:04:38.578 GEMS LOOK AT SOME OF THOSE NAMES THAT 00:04:38.578 --> 00:04:38.711 LOOK AT SOME OF THOSE NAMES THAT 00:04:38.711 --> 00:04:39.979 LOOK AT SOME OF THOSE NAMES THAT WILL 00:04:39.979 --> 00:04:40.847 LOOK AT SOME OF THOSE NAMES THAT WILL BE 00:04:40.847 --> 00:04:40.880 LOOK AT SOME OF THOSE NAMES THAT WILL BE ESSENTIAL. 00:04:40.880 --> 00:04:41.214 WILL BE ESSENTIAL. 00:04:41.214 --> 00:04:41.347 WILL BE ESSENTIAL. THOSE 00:04:41.347 --> 00:04:41.681 WILL BE ESSENTIAL. THOSE NAMES 00:04:41.681 --> 00:04:42.081 WILL BE ESSENTIAL. THOSE NAMES WILL 00:04:42.081 --> 00:04:42.715 WILL BE ESSENTIAL. THOSE NAMES WILL BE 00:04:42.715 --> 00:04:42.749 WILL BE ESSENTIAL. THOSE NAMES WILL BE AROUND 00:04:42.749 --> 00:04:42.882 WILL BE ESSENTIAL. THOSE NAMES WILL BE AROUND IN 00:04:42.882 --> 00:04:42.982 THOSE NAMES WILL BE AROUND IN 00:04:42.982 --> 00:04:43.516 THOSE NAMES WILL BE AROUND IN TWO 00:04:43.516 --> 00:04:43.750 THOSE NAMES WILL BE AROUND IN TWO YEARS 00:04:43.750 --> 00:04:45.151 THOSE NAMES WILL BE AROUND IN TWO YEARS AND