All right here

I'm Scott Wabner live today for the Schwab Impact Conference right here in

Philadelphia where thousands of financial industry insiders have gathered

including the co-cio of Gabelli Funds Kevin dryer. He'll join us in just a little bit with his

outlook for the markets. The best way to play them in the months ahead. In your

meantime, the scorecard with 60 minutes to go in regulation and the release of the most at least one of the most

anticipated earnings reports of the season.

Meta there's the stock it's down today.

What a struggle it is for tech today after those results from alphabet that stock is suffering through its worst day in at least a year

Microsoft the only mega cap tech stock in the green and even that's not up that much. Tell you what without

it though the Dow would look a lot weaker than it currently does and speaking

of industrial's Boeing the big drag today after cutting its delivery numbers.

As for interest rates, very much the story too.

The tenure initially slipping, but take a look at it now because it's moving back towards 5%.

495, that's the highest level of the session today.

It does take us to our talk of the tape

in this final stretch.

Is the much talked about tech trade in some serious trouble or not

Let's ask someone who counts many of those stocks as his key holdings Malcolm Etheridge with

CIC Wealth. He joins me right here on our setup at impacts. Good to see you. Now are you

going to tell me that's why I sold alphabet Scott months ago? What do you make of

what's happening in tech today?

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