All right, guys, thanks so much. Welcome to closing bell. I'm Scott Wobner live from Post 9 here at the New York Stock Exchange.

This maker breakout begins with, well, what looked like a comeback for stocks fading a little bit as we begin the final stretch.

We'll discuss all of it, what it means for the future of this rally. We'll ask our experts, including FundStraughts Tom Lee.

In just a moment, he's sitting right here ready to go. We'll get to him momentarily. They're the majors. As I said, we had a pretty good day going. As you look at the scorecard, we're trying to hold onto it, though. It was a good day across the board. Most sectors were pretty good. Energy, consumer discretionary technology continue to lead the way

we do have a little bit of weakness developing though the mega cap names were all higher apple though

gone negative so that's dragging the Dow down a bit and viti is positive one week from today one week from

today that is the earnings report that could save it all, according to at least some reports on the street.

Palo Alto, not so much. Today, it is down near 8% sinking on its guidance. More broadly, though,

some of the software names are getting a much-needed lift, and that has helped the overall picture.

Cadence is as well. Its guidance was better than feared. Stocks up seven and a half percent. All of that takes

us to our talk of the tape, the resumption of risk on and whether, in fact, it can last. Let's

welcome in Tom Lee. He is Fund Stratt's head of research. As I said, right there at Post 9.

It's good to see you. Great to see you. So you think we're going to 7,300, 7,300 on the S&P in the near term.

Yeah.

So are we witnessing this slow turnaround for stocks to get back on track?

What do you think?

Yeah, I think stocks took some hits, you know, partly was a software downturn, and then this

rotation out of the Mag 7 armies into the bullet

makers for AI and a general sort of risk off as gold surged.

But the earnings have been delivered solidly.

We've been getting good economic reports.

And I think positioning has gotten risk off enough that we can sort of

...