New york faang index. Of 4. 8 , surging. Amazon is above 3000 for the first time ever. Last week on the better Economic Data continuing into this week. David it is good news and i will take good news, but we are all worried about what you just talked about. Last time the shanghai went up this far this fast, it did not end well. Are we worried about amazon being that far over the 200 Day Moving Average . Abigail terrific point. The last time the shanghai putting a move of this degree, it went longer and further than anybody expected but ended in a 50 crash. Whether or not that happened in the shanghai composite or when it is probably the bigger question. When it gets this frothy, it is difficult to tell. Relative to amazon the stock is the march lows. Unbelievably overextended. This is nerveracking from the standpoint while you have the ultimate stayathome stock doing so well while the recovery sector of energy and financials are in bear markets, it creates the tension. It tells you tha