Welcome to Closing Bell, I'm Carl Kincenia, live at Post 9 of the New York Stock Exchange.

Scott Woffner is going to join us shortly from delivering Alpha with Black Rocks Rick Reader.

We'll get his take on inflation and how to play this bond market right now.

But this make or break hour begins with stocks

making another attempt to bounce after yesterday's late day comeback.

Tech holding pretty strong here, communication services, materials leading the S&P higher, although off the intraday highs.

Which brings us to our talk of the tape in the face of these rising rates, rising oil, negative

sentiment, Ken Stocks brush off this sluggish September and rally into October.

Let's bring in Joe Terra Nova, Verdes Investment Partners,

Nicole Webb of Wealth Enhancement Group.

Joe, of course, is a C&BC contributor.

It's good to see you guys.

Thanks for joining us on an eventful day. I wonder whether or not you

think given the intrad action today is yesterday's bounce called into question or not?

Well it's the end of the quarter so at the end of the quarter Carl anything could

happen just look at oil. Oil $95, early today,

settles 2% lower, significant reversal because oil was technically overboard. So there's

a lot of dynamics that are playing out in the market last couple of days small caps are back small caps have been brutal over the last quarter.

So a lot of positioning going on I think you have to now look forward into Q4 and say to yourself is there a

catalyst ahead of us what would that catalyst ultimately be and I think it's earnings

and I think it absolutely is the catalyst that can restore the prevailing bull trend for the equity market.

We need technology which has seen a lot of earnings revisions higher here as you march towards the end of the quarter and that's

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