Welcome back everyone to another Market close a live stream. We haven't done one of these in a while. Uh, but uh. today we have Zoom and Dell as well as Urban Outfitters reporting after the hours. now Dell usually doesn't report until you know a little bit later after hours. Uh, but uh, Dell tentatively is scheduled for what do we got here? 425? We have 405 on Urban Outfitters and Zoom Zoom's an interesting one. A lot of folks uh, kind of thinking. Okay, well let's see if Zoom can turn around and prove that institutions, uh, or corporations are still buying into this Zoom thesis by uh, essentially uh, you know I Uh, Let's uh, let's set up more Zoom office rooms and get people back. uh, to to work? Uh, return to office. Sort of the big commercial play for Zoom so we'll see if that actually comes through it all today. Uh, not probably the greatest amount of optimism across the board for uh Zoom but uh, we'll see I want to look at implied volatility for Zoom We'll see what that is and we'll also see what that is for Dell So we'll get some good looks here. PC Market Remember down 19 year of the year? So if you had to guess, you'd probably say return to work. Probably isn't the biggest investment that companies are trying to make right now. Doesn't seem too optimistic for Zoom as well. As for the PC market for Dell Again, a lot of people already have their computers, so implied movement right now: 12.3 for Zoom. Yikes. And then we have the implied movement for Dell Sitting at 7.59 that's about 3x and normal implied movement? it's It's pretty substantial usually. Uh, you know, movements at a company like Dell are closer to two Three percent, so seven and a half percent is is quite a big deal. Urban Outfitters is expecting to see a movement as much as 9.39 in, uh, either direction. so we'll see what happens here again, these earnings coming out. but within about the next 20 minutes or so here. And first we though, I want to take a peek at looking at some of the bloodbath that we have today. A lot of the bloodbath, by the way, coming out of Uh or as a result of China uh China seeing a substantial amount of coveted lockdowns. Uh, new lockdowns and new buildings, new lockdowns and new cities. and and a lot of this has to do with really a surge of covid cases. Again, I've got a chart here that'll pull up. take a look at what we're looking at in terms of China's new daily local covid levels. Yikes. Uh, so definitely. Um, definitely something leading to to uh, paint. Uh, As you can see here, the highest level of cases that we had earlier uh, were around these levels here, which are levels that we have once again achieved. Uh, here you can see where most of them are based on uh, the City by looking at which color we have, uh, you know, adding to most of the cases here. but um, let's just put it this way, cases are skyrocketing and the easiest way to see that is by just observing. The black line cases had been pretty flat since about May and unfortunately now going into uh, essentially a winter surge here. So, uh, not, uh, not great, not great at all. Elon Musk of course, uh, firing more people today. this was also rumored yesterday. So anybody following the Twitter Tesla drama the easiest trade in the world right now is uh, anytime there's bad news about Twitter sell Tesla or short Tesla Anytime there's good news about Twitter you would buy Tesla uh and then cover your shorts and uh, in inspiration of all of this madness going on with Twitter something that I'm going to start on Monday that's a week from today is a five million dollar trading challenge where I take five million dollars and every single move I post to everyone in the stocks and psych group. So if you're not part of that yet, use the Black Friday coupon code because we're starting it as soon as Black Friday is over. Next Monday it starts and we're going to be doing a lot. Probably a lot of Wheeling options selling options. Uh, there there'll be some shorting. There'll be some uh, you know, some call options when the times are appropriate. So it's going to be a really fun challenge. This is a time of, uh, probably the next few months I think are going to be a period of relatively High heightened uncertainty and volatility and I think there'll be some beautiful opportunities for some short-term swing trading or day trading. So anyway, that that challenge will begin on Monday but uh yeah, China's case is pretty wild. Musk pretty much headlines uh across the board uh for for him laying off folks and now uh, Bloomberg is now reporting that Elon Musk and Twitter have lost about 5 000 employees since Musk took over. Keep in mind they started with like 7500 so that's a lot. That's like two-thirds of the employees are gone and uh, a lot of them exiting very publicly Which is leading to a lot more fear that at some point we are going to see uh, a Twitter glitch out or fail and in the event that happens, folks are going to believe that Tesla is going to be the bailout for Elon Musk so he'll sell more Tesla stock and buy Twitter right? Uh, or use it to support Twitter not by Twitter he's already about Twitter uh and then of course you also at the same time have the risk that you know what if China goes and shuts down Shanghai Uh, that would be, uh, a little bit of a poop show. Now if there's any good news, you know, knock on wood For the time being, it does, uh, at least temporarily seem like Shanghai's cases are relatively low, so you could see uh on the chart here that they are the lowest number. However, we we expect, um, we expect that to unfortunately grow so uh, not so good, not so good. Lots of pain in the markets. Uh, we do have uh uh. you know the FED talking about this idea of hey, we still have to raise rates? Uh, we're still aiming for increasing rates, but yes, we're going to slow down rates probably down from 75 to 50. I mean the FED talk at this point is just so redundant and and nonsensical. like I think there are going to be some really great trading opportunities leading up to the next Fed meeting. So I'm looking forward to those and that's why I'm timing uh, this new trading uh announcement with that so we'll see how that goes. It'll be fun. So uh, Coinbase also hitting a record low Now I'm going to release a video about Coinbase because Kathy Wood keeps buying it and I just don't see what she sees. So I'll have a full video breakdown on that. probably about I might post that about 20 30 minutes after this live stream uh concludes. so stay tuned but that'll be really fun. So then what we have is, uh, let's see here we we do have you know some hopium, right? And the hopium is just based on longer term averages, right? The longer term averages tell us that hey, well, after an election, we should see a positive year next year, right? Yeah, But we should also see a positive year if we could finally get inflation to pop up. Uh, this is not my inflation chart. Let me find my inflation chart. There's the election chart and then the inflation chart. that is. It's basically once in, uh, once inflation finally hits its peak. Uh, we generally see stocks return pretty positively the next year. But uh, and a lot of folks Wonder Hey, maybe September was the peak. But again, remember at one point we thought March was the peak and we thought the summer was the peak. And now we're thinking September is the peak we'll see. Uh, it's gonna be quite interesting. So let's take a look at uh, how ugly and painful markets are trading at the moment because they like to trade down. So you've got the leveraged ETF for Tesla Trading down about 10, that's the one and a half. X Which, as you would expect, means Tesla is down almost seven percent Down Six Point Seven percent GameStop Down A a coinbase down about nine was down about ten percent just a few minutes ago Redfin Down Another nine percent. Uh, Owlette down 15. It really feels as though we're almost trending towards a a capitulation era here, right? You've got so far down: six percent AMC Down Six percent. Pretty ugly day across the board. Uh, unconfirmed reports about oil in either direction. Are we going to produce more? Oh no, that's fake news. or it's real news. Whatever. Walt Disney was up as high as nine percent this morning on. Talk about Bob taking over from Bob uh. The stock of course has been bobbing around since then. Uh, up now? 6.6 percent with uh with unify and Etsy uh sitting around one to two percent up along with pole star Royal Caribbean flat 58 bucks? Wow. RCL Um, well I Want to see RCL here I Remember this is a Royal Caribbean Like 20 bucks back in the day? Let me see here. Yeah, look at that. Royal Caribbean was 31 dollars this summer. Holy smokes, this thing has basically doubled since. July How remarkable is that? Now it's obviously gone through one heck of a curve. I Mean, look at March of 2020, it went down to 20 dollars for some reason, ran up to almost a hundred dollars, got rejected at a hundred dollars about three times, about three Rejects and uh, and and now recovers from about thirty one dollars. Quite quite interesting selfie technology responding suggesting they don't have exposure to FTX and there was a lot of, uh, fear and some senators were writing letters to Sofi because so far as a bank charger Charter so they're subject to regulation and uh, you know, some some uh food basically uh coming up around so far. So they released a letter again reiterating that they, um, they do not have exposure to FTX and they believe they've been compliant and they don't engage in any other cryptocurrency financing activity other than allowing their members to buy sell crypto on their platform. I'm pretty sure they much like uh, many of the other platforms like M1 Finance or whatever. they just end up using the uh oh, what are they called? um, like Apex right? they're not actually holding these these tokens Apex is you kind of have to trust in them? So let's uh yeah. And then we also have this report of a hack over at DraftKings I've been reading about that a little bit today. Let's go ahead and listen into that a little bit. Let's see what they say re even as some of their competitors Caesars and uh, and Penn had said hey, we might be profitable in our digital business in the fourth quarter of 22 depending on what happens with mattress. Mac If you're that close that a bet from a guy in Houston could make or break profitability, you've set the bar rather higher and DraftKings has just steady. Eddie Said no, it's going to be fourth quarter they're still planning to spend while they're rolling out. Contessa Brewery Contessa Thank you. Drop Kings down another five percent on top of an already tough, tough year it's having. Mike If you look at the 52-week lows, Tesla's on the list now low since June 2021. Some of the highs are interesting as well. The Staples continue to go up. PepsiCo is trading at an all-time high? Who else is on that list? Monster Beverage O'reilly Auto I Don't know. Trading like a staple. All-time high levels. That stock is amazing. Yeah, Within retail, the auto parts retailers have been generally, uh, pretty good. And yes, it's sort of almost counter-cyclical and staple like in general. Uh, the internal sound. they're soft, but not really dramatically. So the Market's been in an hour range all day. At the headline index is the equal weight s p outperforming the market cap weight when you see there, uh, less than two to one declining to advance in volume. uh, energy. As you mentioned, a weak spot today. take a look at the Xop, the exploration and production. ETF Uh, it's kind of rolled a little bit here. never got up to the Uh June highs and it started hovering right above the August eyes now so at threatening. A little bit of a breakdown, but not quite there. Obviously been an outperforming group all year. Volatility index is, uh, it's kind of a sleep here. it's backing off that point down again. narrow range-bound trading as well as we're going to get a holiday interrupted week. So see, so that might have been a little bit low there. Sorry about that, we're going to the volume. Uh, but anyway, you know one of the things to know is these consumer I mean O'reilly Auto Parts That's an interesting one that they're they're referring to as as having performed quite well. Uh, but you are seeing Staples staple Staple Staples do do decently this year. I mean that's the only other sector other than uh, than than energy. that's uh, that's actually positive. Uh, now a lot of folks think that those are going to be sold off. Uh, once we get more of a U-turn right? Once we go back into the cyclicals and the growth. The cyclicals. you know, whether that's uh, you know, the the chips or the Teslas of the world or whatever we'll see. All right, let's listen to the closing bell and let's get our earnings financials in healthcare also going to close out in positive territory. Small cast of one percent. that's gonna do it for me here on closing bell. I'm gonna go get some hot water with lemon and send it into overtime with Scott Walker All right Sarah Thank you very much and welcome everybody to overtime. I'm Scott Walker You just heard the bells. We're just getting started from post nine here at the New York Stock Exchange In just a little bit I'll be joined by a former Disney investor who says don't buy the stock on Igers stunning return as CEO We were just talking this morning in the course member livestream about whether or not to buy Disney Uh, this. um you know in my opinion, here's O'reilly Automotive Look at that year-to-date performance folks. it is up 21 year today. when you've got uh, the the S P 500 down what? 20 something percent? uh NASDAQ down a little bit more than that. uh, you know I mean companies all over the place. let's go to. let's look at spy stock here just to compare to O'reilly Spy S P 500 down 17.4 year today dropping into QQQ Over here here today we're sitting at 29.8 year-to-date To the downside, while O'reilly Auto Parts up, uh, 21 Pretty incredible. Very, very incredible. Uh, we've got about four minutes to go for uh, zoom and Urban Outfitters and then we'll get those earnings. uh Adele comes out a little bit. After that, you've got uh Bitcoin right now. sitting at Fifteen Eight still got a little bit more dumping from the FTX hacker. Unfortunately, it's uh, kind of exhausting. Uh, it seems like you're you're regularly getting uh, uh, you know, indicators, uh, or trade alerts that unfortunately, the FTX hacker continues to dump. So um, see, when that comes to an end, I'm surprised they're not going into tornado cash, but it it so. I I Suppose the other option is, as they're probably doing shorting on a clean wallet and manipulating the market down. and that's creating more fear, especially in the grayscale. Bitcoin Trust trading now at a 46 discount to net asset value. Quite painful. Okay, so uh, let's see now. we have earnings. Three minutes, three minutes to earnings and we'll start getting some, uh, some goodies here. Let's listen over here while we wait your daddy last week saying what if we get no Landing What if the economy is much much stronger than people think um, the Fed's not going to go through with all that they suggest they might And then you don't get any Landing Forget soft Landing You just get a nice moving economy. You don't get a boom, but you also don't get a complete blow up. Well, if you don't get any Landing You do not get any cut. The bond market is pricing and interest rate cuts into the end of next year. That's what yields are starting to reflect. Which means that the bond market is expecting some kind of Landing So if we do not get a hard Landing or let's say we get a soft Landing why would the FED be cutting interest rates into what would be a full employment economy? Because then they really would risk stoking inflation to come back. Oh my gosh, we're so far away from thinking about cutting. I mean Master last hour with Sarah Quote: I Don't know that we're anywhere near stopping. Forget about cutting I Don't know that we're anywhere near stopping. We're just basically entering restrictive territory. She said we do need to bring rates up somewhat. Obviously She, you know thinks the Cadence I think that was the word she used it's going to be I Love the picture they chose. Man oh uh. One of the questions here is why is the why Does the vix look like it's trading down you know I Was looking at the vix as well and uh, this is your your fear index Volatility: It's only at 22.4 with the market just bleeding out. I Think what you have is is you just have such low liquidity. you don't actually have that uh, rapid of movement in in the stock market. So even though things are bleeding down and out, it's just that rapid enough. Uh, to where the we're not getting the standard deviation stretch. that's really that would be moving volatility. Instead, you're just bleeding down and you're kind of staying in your standard deviations. and we've been range bound on the vix now. I mean I Feel like for for all year? Uh, it's been. It's been so remarkable. we and a lot of folks are waiting to buy in this market for when we actually get a real vix. Spike A vix spike is like what we had over here and this is when you have a lot of fear all of a sudden and it leads to capitulation. It leads to sudden selling. uh in in, uh in in the market Stephen Welcome Thanks so much for joining and often Mark's a bottom. Okay, let's uh, let's get those earnings so earnings should be out. Okay, Zoom comes out. Um, okay. this is a lot Okay, okay, uh wow. Adjusted EPS beats Revenue Comes in at expectations Revenue comes in at expectations EPS comes in adjusted 1.07 versus 83 cents. That's good. Uh, you've got. Hmm. let's see here: Fiscal year adjusted EPS Guide: Oh, the guide was raised. This is very good. Fiscal Year Guide: 391 to 394. They had previously seen 366 to 369. Uh, Fiscal year Revenue 4.37 billion to 4.38 That's a little less than their guide. So so their revenue guide is coming down a little bit. uh for the fiscal year and for next quarter. But their EPS guide is up and their EPS for this quarter came in up. Okay, it's impressive I wonder how the Stock's performing on that? I mean that's certainly not bad news. Uh, all right. Well, we got here four percent. To the upside on Zoom in after hours here on uh, on these, uh, earnings Zoom down from uh 406. look at some of these trends that we had drawn on: Zoom Uh yeah, that's that's not good. but uh boy oh boy, what what a bleed? I mean look how high Zoom had gone at one point? It's so remarkable to look at 588 dollars a share down to now seventy dollars per share. Wow. Hmm. Let's see what they say here and that's why it's performed so poorly. It's now trading at just five times since. Now is it times the right number for a company that's growing? Negative sales just about mid single digits, is facing huge Revenue headwinds potentially from higher competition, and is guiding to lower margins. We'll see the bar was certainly low going to into this earnings season, which has allowed it to have some really yeah if Market's going to go through yeah, well, now it's now. It's down about one percent. It's vacillating, though that's tended to be so we'll have to get to the bottom of that. You do have an opinion too on Disney Um, on. You know, Obviously, in light of this stunner of an announcement today that Iger's coming back, You like the stock here or no? Well, we certainly have made a lot of progress on valuations and I think this is another. oh Dell just came out a little earlier than expected. That's phenomenal. Dell comes out with Dell Technologies Third quarter adjusted net revenue 24.72 The estimate was 2442. That's a B Uh. Beats the estimate for Revenue EPS adjusted two dollars and 30 cents net Q3 245 mil. What is this though? that's Q3 Just oh, that's not the adjusted net. Okay, got it. Uh, Revenue that I wonder if that's a typo I don't know I'll have to figure that out. But anyway, so they got a beat on their sales. Third quarter adjusted EPS Two dollars and thirty cents. The consensus was 160. that's a beat on the bottom line too. That's beat on The top line and the bottom line that's really good. See how that one's moving Zoom Now up to percent and afters Dell up three percent in Afters and the next one is the Urban Outfit is stalk. See what we have here: Urban Outfitter Comp retail sales coming in at four percent gain versus two percent. Expected? that's a Beat you've got 40 Cent Q3 Eps sales of 1.18 billion comp sales again up four percent net of 37.2 million it had EPS of 40 cents. Misses the estimate of 42 cents. so slight Miss on the bottom line, but good on the comp sales. See what they're saying about Zoom here: 1.1 billion dollars versus 1.099 billion dollars Street Was looking for and look, it's the guidance that are, Uh, that's a miss here that especially on the EPS front. up to 78 cents a share expected for the current quarter versus the 81 cents the street was looking for and a tad light on Revenue Guidance: 1.105 billion versus 1.12 Street Was looking for so shares were about up. What is it now? A percent and a half? It was up as much as like six or seven percent earlier Scott But it's like guidance, setting it a little bit on the lower side. Yeah. Volatile as usual. Uh Steve thank you. that's Steve Kovac with the latest you pop back on. Uh, if you have anything we need to know about, don't miss Zoom CFO By the way, on Squawk Box tomorrow morning. So you get the story directly from the executive there. Uh, and you don't want to miss that. Let's expand our conversation here. Let's bring in Marcy McGregor Yeah, Okay, so Urban now I Want to kind of see how they're moving? Uh, none of these are moving as Oh Dell's finally picking up. Okay, here we go. It's gonna say none of them are moving as high as they applied. Volatilities were indicating. Uh, Dell Tac Now sitting at about five and a half percent implied volatility was somewhere around seven and a half percent. Zoom was supposed to move about 12. sitting at about 1.5 percent. A little directionless at the moment. O'reilly up about a half percent after hours here after a little CNBC pump there and uh Urban Outfitters how are they doing? about 3.72 So that's actually three decent reports going into or just after the closing bell here. Uh, that could have been a lot worse. could have had some nasty reports. Didn't get anything super nasty here. Uh, other than than the pain of the day that's already been had. I Want to take a look at Financial Conditions: five year break evens. Pull those up and what was the last thing out of? Dell Dell Dell ends Q3 with performance over? That's fine. No, just the DPS which is such a nice speed. Okay, no, nothing particularly new there looking at the five-year Break Even Ah see, This is what I was hoping wouldn't happen is you have a red day in the stock market and then you get the FED coming out talking about how a pause would be appropriate and so what ends up happening? Well, breakevens go up. What happens when break evens go up, the stock market starts getting fearful that, uh, the FED has to do more. So what'd you get? You look at five year break evens, look at that. they were flat this morning folks flat this morning take up here recently. Dang yikes. Yikes. Eggs All right. Well um, all right so we'll see where that moves over the next few days. Otherwise, how do we do on Treasury yields? Today we got earnings out of the way, treasure yields and the stock trading day here. treasury yield sitting at 3.833 for the 10-year slightly up but really little change here. Oil. uh, you know brend was under 85 for a hot moment there. but uh, so you know, had a negative day didn't end up as negative as it could have been. All right, Crazy. All right, let's listen to what else. Uh, this lady here. hey, SSI Thirty Five hundred, thirty, six hundred level. The risk reward is a lot better now. Would I buy today and chase today. After the big move that we've had coming off of those lows, likely not. we likely still have more volatility and so our our stance is still is to be buyers of weakness and not buyers of strength. Marcy I mean you yourself, You think a new bull market could happen within the next six months, right? So you know who's going to Ring the Alarm Bell and say okay investors Now this Now's the Time to buy because that's what's coming. Yeah I think the last two to drop is going to be earnings I Think this has been a very rates driven Market Well it usually is. in fact the stock market usually Trends up before earnings bottom even. Think there's a risk that inflation comes down faster than the street thinks when we look ahead into 2023. but like I said, I would just say on guard hero when I think about the full year. The first half of the year in my view is probably better for the bond market and then 12 months if we were having this conversation a year from now. I Think this is going to be more of a time for Equity strength. So I do think it's going to be more about a Fed pause versus a full pivot just because of how unusual the inflation is in this cycle. Patty You know your strategy for people reduce or get out of cash. Go: 50 short-term fixed income 50 longer term debt overweight U.S Equities? You bet And when I say overweight U.S equities we have trimmed down earlier this year On the international Equity side, but we decided to go Global because I don't want to be out of that that area of the world entirely because the valuations are so much more attractive. They are 21 below their media evaluation, but we're basically just flat and so I think there will be terrific opportunities overseas. and I think this is where really good. It's a little dangerous, you know that's where you get into that value trap argument. Uh, but I guess we'll see. Uh, remember. One thing I did announce at the beginning of this video is that I'm starting a five million dollar trading challenge that starts next. Monday Every single Uh trade will be posted the moment it happens in the stocks and psych course. so check that out! Uh, linked down below with that Black Friday coupon code. It's the best coupon we've had 60 off. Uh, largest coupon we've ever had that expires on Friday have done quite well Cameron Energy I'm looking at oil again today. below 80 bucks. What Am I supposed to think about the direction of Energy I've got OPEC Issues You know, headlines that are changing uh, you know, hourly? almost. and uh, what am I supposed to think about the correlation between the price of oil and equities. Oil equities. Well, I Think first. we have to talk about the price of oil in broader equity, which is that if prices resume their ascent and they have been weaker lately, but if they start to rise, we think it'd be a key negative for equities simply because you would have the higher inflation data and higher inflation expectations really pressuring the FED to stay super hawkish. So we still like energy within our portfolios because it's essentially a hedge against that. If oil prices rise and the rest of the market really struggles, at least our energy exposure can do well. Marcy Your favorite part of the market is what you know: energy is one of my favorite sectors. I Think in the very near term it is overbought. Um, so you may see some profit taking here, but we have to remember the EU embargo uh on Russian Energy, you know I don't understand why why Jack Gill Why do you pay five dollars a month to be here to say something like how's your hippo affirm Fuv stocks picks going. You realize I haven't owned those stocks in like a year to a year and a half like I guess I don't understand why if you touch a stock like Fuv gosh. I haven't owned Fuv in like two years. I've even made videos about how I I think they're going in the wrong direction of management I Don't know what it is with people's problem like oh, you're a gifted membership Oh here, let me solve that then. I'm just kidding I'll let you stay. you could you could be you could be a hater but it's just it's just stupid it. like I I don't know. it's just stupid. It's it's like ignorant assessment is coming from. especially for example, with Apple, right? You know they're gonna have delays in the iPhone deliveries so people are going to have to wait until after Christmas Therefore, they may not want to buy it at all. So Apple's definitely got some headwinds. Uh, because of what's going on with China and and their zero covert policy, but longer term it's a really well-run company I would not want to abandon them or Microsoft Apple is is an interesting one. Apple's held up pretty dang hard. But yeah, they do have this concern now of of them pushing back the iPhone 14 delivery time frames. Uh, and so now folks are wondering crap, you know we already got a profit. Warning for the iPhone that we weren't going to be at 96 billion dollars, we're not going to be at over 100 billion dollars. We're actually closer to 90.

now they're pushing back the time frames now. People are like oh crap What if it ends up being like uh, 80 something bill, you know and then and the rest Falls over into next year but then if too much Falls over into next year. What happens if all of a sudden you're like oh, may as well wait for the iPhone 15. you know? Uh so so that is leading to some concerns that Apple's valuation is a little bit high. but Apple has pricing power and that's what's interesting about Apple Uh, that's the interesting part. So all right, let's keep going make great strategic decisions with purchases of Pixar and and the like. So I I'm very optimistic about that company I know. But some would say say that the the most recent transaction uh, wasn't the best and that is in part what has saddled Disney with the issues that it has um on its balance sheet, the Fox transaction. So how do you square that with some of the ones that you know admittedly are many years old? At this point they are. Admittedly they are old, but the basic framework from which they make their decisions is still there. Nobody's going to hit a home run every time they come up to back. The most recent didn't quite work out. Remember, he hasn't been there really since 2020. so time will tell whether or not he's going to be able to leave this company out of where they are currently again. I'm really optimistic. Yeah, obviously the market is too. Yeah. I had I like I mentioned earlier I Had a bunch of comments for course members this morning about Disney uh I guess uh, you know you. The big question you have to ask yourself is do you think Disney right now with their money losing, streaming service has pricing power and can Bob one change that and how quickly can he change that? So uh, we'll see what happens there. So I keep listening in for a moment. Are you more bullish on? Disney Now that Mr Iger is back, All right. Well, they're still talking about Disney Okay, that's boring. So uh, the earnings were not too bad that we just got I Want to look? take a peek here in the after hours. Okay Zoom All of a sudden. Now down four percent in the after hours. you get a lot of fluctuation coming here with zoom. There must though have been some kind of update that came out on Zoom I'm going to pull that quickly just to see. um, let's see here. Zoom beats on earnings hikes annual profit forecast, but Fourth Quarter guidance disappoints. Yep, we saw that. I Don't know if it's just like short-term trading or something like that. Um, I'm not sure. that's uh, that's an interesting little drop there because all three of them did better than expected. Dell Up seven percent Urban Outfitters Up about a couple percent here and you have fluctuations. Otherwise, they're just sort of normal after hours. So all right, Bob Chappick will receive separation benefits payable in accordance with the terms of his previously disclosed employment agreement. Yeah, I Mean he did get rug pulled. The guy had no idea. No idea, it's crazy. No idea. Uh, it's wild. Uh, all right. cool. So um. great. Well folks, thanks for being here. Remember Five million Dollar Trading Challenge starts Monday Make sure you're part of stocks and psychology of money to see exactly what happens with every single one of those trades. Thank you so much for being here and I'll see you again in the next one. Leave a comment if you like the opening closes and uh, maybe we'll keep doing them all right.