All right, Kelly, thanks. Welcome to the closing bell. I'm Scott Wopner live from

Post 9 here at the New York Stock Exchange. This make-a-break hour begins with the

runway for the rally, whether it is as long as the Bulls now suggest it is.

We'll ask the president of Merrill Wealth Management, it's our first TV interview

today and we're looking very much forward to speak with Lindsay Hans. We'll do that in just a few moments.

In the meantime, your scorecard with 60 minutes to go in regulation it's been a mostly muted day for stocks

Investors are digesting the past couple of days what can you say a big story today energy oil dropping below below $73 a barrel. The sector tracking for another rough

ride. There it is, 7288. Energy has a space. The XLE is down 2.3 percent. Retail quite the

story to Walmart shares. Well they're sliding today on

that company's cautious outlook. As far as tech goes, Microsoft did hit a new

all-time high today, but Cisco shares, they are sharply lower down by more than 11%

and that after the company's lackluster guidance yields they're mostly lower to

perhaps reacting to some of that weaker consumer news today, a tick higher and jobless claims,

does take us to our talk of the tape, whether stocks are cleared for takeoff,

as Jeremy Siegel suggested to us right here yesterday.

Let's ask Liz Young, so far as head of investment strategy, she is here. right here

yesterday. with Liz Young, so-fies head of investment strategy. She is here with me today at post-9.

Welcome back.

Thank you. How about that?

Are we cleared for takeoff?

Is this all clear as some of the bulls are now suggesting?

No I don't think it's all clear. I don't think it's a surprise to anybody that I'm saying

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