Mike, thanks so much welcome to overtime everybody. I'm Scott Wobby, you just heard the

bells we're just getting started and just a few I'll speak to Brenda Vangelo and Rob

Seachin of the Half-time Investment Committee as we wrap up yet another turbulent

trading week.

We do begin though with our talk of the tape,

whether stocks can overcome a hawkish fed,

a falling apple and tough talk about the state of the economy.

Let's ask Trivariats Adam Parker, he is back with us. It's good to see you.

Welcome back. Hey, good to see you. You have like a one in five record of stocks being

up to down when you're on and here we are yet again I want to ask you

about kind of where we are because we've come a long way from the lows of May 20th

right the S&P's up nearly 8% the NASDAQ's up nearly 9%. Did we learn anything this week to give us a clue as to where

we're heading next?

You know, I think there were some data you saw today from the jobs report, but generally I think when I talked to investors we did

a bunch of meetings on the road this week people are more and more confident that

earnings are going to grow you and I've talked about that a lot over the last month or two. People are trying

to figure out how much our earnings are going to collapse. Sickles are really cheap. Growth stocks

are down 50, 60 percent. I actually think people are getting data points now that maybe corporate

hearings can be up this year versus last you're getting a little bit more

confident that maybe things were just oversold a couple weeks ago.

So you didn't take anything negative from let's say Microsoft and their guide down on their

EPS. Now I know everybody trying to say oh it was just FX it's not fundamentals but then there was a note today

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