Guys, thanks so much. Welcome to Closing Bell. I'm Scott Wobner. This make-or-break hour begins with the countdown to critical data and earnings and all of it with some questioning the real strength of this rally. Dan Greenhouse, he might have just seen him.

He'll weigh in on that in just a moment.

He was getting settled.

In the meantime, your scorecard was 60 minutes to go in regulation.

Tough to get much going for stocks broadly today as interest rates remain elevated

take a look they were higher they're mostly lower but nonetheless the

ten year is a good place to start it's at 4% the two-year highest since 07. So we're watching that because

it's keeping a little on tech today. Microsoft Apple, Alphabet, and Amazon, they've dragged

that sector. There is a rebalanced too and that's having a role Mike Santoli is going to

talk about that later on in the show it does bring us to go to our talk of the tape

whether this rally is on borrowed time or not as earning season gets underway

on Friday and with the Fed apparently intent on raising interest rates

a couple more times at least. Let's ask Dan Greenhouse, Chief strategist and economists for

soulless alternative asset management here at post nine as you clearly saw a moment ago.

Welcome.

Nice to see you.

So you say, I'm looking at the notes, too many people are dismissing how concentrated

the rally is.

And I'm like, really?

I mean, everybody's talking about how concentrated the rally is.

What I'm referring to is the bullish argument

that not only seven stocks are going up,

...