The closing bell I'm Scott Wobner live from post nine here at the New York Stock Exchange

this make-a-break hour begins with the state of the rally and whether the market is

once again too crowded at the very top simply too much money chasing too few names and whether it is going to have an unhappy ending.

We'll ask tech investor Glenn Kachir of Light Street, he's going to join me momentarily in a closing

belt exclusive when he can't wait for that.

In the meantime, your scorecard was 60 minutes to go in regulation and it does look a little

bit different than it did a while ago.

Yes, we're green across the board, but some of the wind has come out of the three major averages as the day has progressed.

In fact, the NASDAQ was negative, and as you see at the bottom of your screen there, it's barely positive.

Now, there's no debating what Tesla's doing today it's

having an awful day following its earnings report that stock by the way no longer

one of the so-called Magnificent seven because as its market cap continues to shrink, it's dropped out of the top 10.

Humana, another of the day's worst S&P stocks,

and that after its guidance came in, very disappointing today. We're watching yields too

following that much better than expected GDP report. You see the 10 years at

413 so we're watching all of that. It does take us to our talk of the tape,

top heavy tech, and whether it is time

to take some profits in some of the market's biggest winners.

Let's ask Light Street's Glen Kature.

He does join us now live.

Welcome back.

Happy New Year, and it's nice to see

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