Welcome to Overtime everybody. I'm Scott Wabney. You just heard the bells. We of course right here just getting started in just a few minutes. I'll be joined by I capitals and Eostasia Amoroso on whether this rally in stocks actually has some legs. That is the big question and we do begin with our talk of the

tape today and it is the trustworthiness of this market move. It sure feels good

after all of the pain we've endured but can you believe it? It's the key question. We ask it to

Joe Terranova, A Virtus Investment Partners, of course the Half-Time Investment

Committee as well. Your thoughts right now are what? I think it lasts longer than people expect

because no one expects that it's going to last. Everyone, myself included,

you're all taking kind of action using the rally to your advantage to maybe to reduce risk

in some of the places where the market had you trapped previously. I like the

composition of today's rally. You had small caps rallying, you had financials rallying. it really wasn't the trash

Decimated you know where the chainsaw has fallen on equities type names

Yeah that have rallied year to I thought Sarah made a great point with Johnny Fine within the last hour when she said,

you know, the Fed chair comes out within the last hour or so, it's pretty tough.

He's pretty hawkish.

Has to be.

Market closed up a lot.

Since then, rates went up,

market still was able to close, you know,

better than 400 on the doubt.

And in my view, the credibility of the Federal Reserve

that went up as well and that's what markets want. Does it mean that the

volatility is lessening in any way in your mind.

I think I've listened to Pete Nigerian who's done a very good job identifying that what we should

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