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Good Tuesday morning. Welcome to Tech Check. I'm Carl Kington here with your Joe Bosa and John Fort.

Today, stocks are falling on this first day of March as Russia bears down on the capital of Ukraine.

How to position your portfolio amid the geopolitical conflicts coming up. Then some zoomed gloom.

Stock's now 70% off the highs.

An analyst defends his buy rating this hour.

And then later, crypto continues to get more controversial a debate on whether to be bullish or bearish on Bitcoin, John.

Yeah, but we begin this morning with, hey, volatility. The bounce we're seeing, though, in some gross stocks, to some extent, are Mike Santoli joins us now on the choppy market. Mike?

Yeah, John, and certainly primed for a bounce in those hard hit areas. You had your more than 20%

pullback in the NASDAQ 100. I think it was the average pullback in NASDAQ composite stocks

reached more than 40%. So clearly a lot of damage done. Let's take a look at how it sets up in the

broader context. Two-year chart of the NASDAQ 100 shows you that at the lows last week,

it basically went back to the very beginning of 2021. Remember that late January, early February of last year.

That was really when you saw the peak exuberance over a thing like cloud stocks, the growth stocks,

arc, and all the rest of it. So this bounce in context, you know, tends not to look like

all that much. As a matter of fact, you're still kind of looking at this downtrend line

needs to be broken. Even a very short-term technical indicator like like the 20-day average, is above. It's around 351 right now. So there's plenty left to be done in terms of proving that this is more than a bounce. Take a look at the clouds. It's kind of an exaggerated version of what we see in the NASDAQ 100. And there you see that deeper downturn. And that's what, you know, a bounce

off the lows looks like right now. I would say in terms of a valuation adjustment, some of the

things that are gone on yields lower and real yields more negative because inflation expectations

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