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00:00The relative strength was really good. Even though S&P was rolling over, the relative strength on
00:04NVIDIA was really good. And it was that for a lot of stocks, like a lot of tech stocks,
00:09you could really feel tech holding up. And that's why I'm just going to say it again,
00:12I think, you know, obviously after yesterday makes it easier, but I said it yesterday morning,
00:16I think we may end the year like we started the year with tech leading the way.
00:20Even though everybody thinks the IWM catch-up trade is coming, I just don't think investor
00:25mindset cares about those stocks. And it's hard to start caring about those stocks. You can say,
00:30well, you know, if they start going up, then people start to care. But it's like,
00:34that's the problem. It's like, who's getting those stocks started? Who's coming into the
00:38small caps and saying, yeah, I'm selling NVIDIA and I'm buying all these small caps because this
00:43is the catch-up trade and this is going to happen. It's not what I'm seeing in any media.
00:47You don't see them talking about these stocks. You see them talking about AI. It's still AI, AI.
00:52And to be honest, it's still story that drives market action. And the story is still there.
00:58That's why I think you got to be buying tech on pullbacks.