All right, Mike, thank you very much and welcome everybody to overtime.

I'm Scott Wabney, you just heard the bells.

We are just getting started from Post-9 here at the New York Stock Exchange

in just a little bit.

I'll speak to Caners, Eric Johnston, about whether he's still so negative on stocks

and what would cause him to change his mind.

We begin though with our talk of the tape the market at a pivotal point just as earning

season gets ready to rev up. Stocks have shown some pretty impressive

resiliency lately even with today's sell-off in the Dow near 400 points.

Our question can it last?

Let's ask Soapai's head of investment strategy, Liz Young, with me here at

post nine. It's nice to see you. Nice to be here. Kind of resilient lately, right? I mean, okay,

this was a travelers and a Goldman wreck in the Dow today, but otherwise we've held in pretty well your

thoughts generally on where we are right now the first two weeks of the year have

been resilient I think a lot of that is much like what we've seen for the last 12 months where you

have this relief after some of the downtrodden what happened in December right we

were hoping for this Santa Claus rally or year-end rally that never happened.

So then we come into the year and we're like, okay, you know what, the bearishness felt overdone,

let's be optimistic the calendar has turned, and now here we are, the rubber's hitting the

road with earnings.

This is what all of us I think have been talking about.

This is a really pivotal earning season to find out whether or not companies can weather the

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