Welcome to the closing bell. I'm Scott Wopner live from post nine here at the New York Stock Exchange.

This make-or-break hour begins with what else the rally inflation drops to its lowest level.

In two years now all eyes now turn to Washington where the Fed will announce its next move

on interest rates in less than 24 hours there is the countdown clock and here is

your scorecard with 60 minutes to go in regulation that Dow on track for its best

months since November. Industrials, materials, financials, energy, all posting strong

gains today. New 52 week highs for the Nasdak and the S&P 500 as well, even as Tech takes a little bit

of a breather. It leads us to our talk of the tape.

The Bullish breakout and whether it can be trusted or not. Let's ask Anastasia Amaroso,

I capital's chief investment strategist with me here once again at post nine.

Welcome back. It's good to see you. Do you trust this move? I do trust it. Look Scott you know there's three reasons why the

markets have been rallying this year which is inflation has clearly been

slowing and we saw that in the CPI report. I mean there's a lot of good news that I think the Fed will take solos from.

The fact that month of a month rate of change is just barely there. The fact that the

super core measure dropped to 4.6% versus the five that it was before so inflation is clearly slowing and

that means in turn that the Fed should be close to pausing and that's also

great news for stocks and then the third points I love the cyclicles rally because guess what?

This economy has been surprising to the upside.

Earnings revisions have actually been going up and that's why this breadth of the market has

been broadening out.

So you feel like the bulls have absolute control at this point of this market?

I do.

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