Well, closing near the highs with the NASDAQ leading.

That's a scorecard on Wall Street, but winter stay late.

Welcome to closing to overtime.

I am John Ford.

Morgan Brennan is off today.

Coming up on today's show, a firm CEO Max Levchin will join us exclusively to talk about his company's new partnership with Amazon Pay, which is sending a firm shares sharply higher. Plus, we're going to talk to the CEO of Devop software company

Hashi Corp after the firm slashed revenue guidance for the year, pushing the

stock lower by around 25%. We are also awaiting earnings this hour from Dachusine and Vale Resort.

We're going to bring you those numbers as soon as they cross.

But let's begin with today's market action.

Joining me now is 314 research co-founder Warren Pies and Annendale Capital founder and chairman George C.

Guys welcome George you point out the market's really narrow, cash pays.

So does that mean you stay on the sidelines and wait for a new entry point?

What should investors do with this?

Great question, John.

I don't think you ever time the market.

Nobody does it very well consistently,

and you've got to make two good decisions, not one.

You got to time when to get out and then when to get back in.

But I would definitely trim some of these really concentrated big cap tech positions that have run so hard and reduce your risk there a little bit and I would add to sectors that have lagged tremendously this year, energy, financials, international stocks,

but it would be trimming along the margins and keeping core positions in place.

And Warren, you say the recession now is not a 2023 thing that looks more like a

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