Well you got your scorecard on Wall Street but winter stay late.

Welcome to the closing bell overtime. I am John Fort. Morgan Brennan is off today and we are

gearing up for another busy after-hour session with earnings results from high-end retailer

R.H. just moments away. And later we're going to talk to Keith R. Boy,

general partner at Founders Fund, which reportedly pulled its money out of

S. V.

In the early days of the crisis and some investors advised clients

to do the same.

But now let's get into the market action.

A strong day for the major averages.

Joining us now is Peter Chikini from Axsonic.

Peter, today aside, I mean, how much of this has to do with consumer confidence? How much of this has to do with consumer confidence?

How much of this do you think investors should maybe fade?

So...

Yeah, hi John.

That's a great question.

You know, the, we would all, you know, love to believe that the issues with regional banks are well in the rearview mirror, and certainly the Treasury and the Fed acted decisively

to restore confidence and prevent a you know a broader contagion but you know I

think the takeaway from what happened there is that banks will be less

profitable lenders and less willing to lend, and consumer confidence, which has already been challenged and demand for loans

which has already been quite moderate and in fact contracting based on the Fed's

zone surveys I think'll suffer even more in the sort of wake of what

...