lunch. glad you can join us. stocks continuing to sell off to start the new year. >> take a look at the nasdaq. it is declining and continuing to stretch. we started off yesterday with the worst first day for the nasdaq composite since 2016. we did see more upward pressure on rates earlier. let's get to steve for the fed minute, shall we? >> i will cut right to the chase and tell you that to the extent that there was a discussion about cutting rates this year, it was not a very robust or resolute or confident discussion. the current policy rate at or near the peak of this rate hike cycle. the projection showed that most agreed a lower target range would be appropriate this year but there was a high level of uncertainty around the rates

projected. it was possible the economy could require further rate increases or keep the rate unchanged longer than expected. they did agree that there was a key policy restrictor quote for some time. number of participants with the place where they did hint at rate cuts, highlighted that they were down the side for too long. some said the fed should begin thinking about when i might communicate the possibility of winding down balance sheet runoff that seems to be far into the future and very obscure. more importantly on the issue of inflation, we are seeing it moving toward greater balance. they underscored, they needed more evidence to be confident that inflation was moving back toward the 2% target. there was some optimism about

it. supply and demand coming back into the balance. the labor market remained tight. participants saw momentum of the economy as stronger than currently assessed. there was a bit of an upside and downside to the inflation. i will go through it and give you one important point. many remarked that the easing of financial conditions could make it more difficult for the fed to reach its goal, noting that they had declined pretty financially. on the downside part, there were policies across the balance. the staff forecast, which is pretty great in terms of the fed making a decision also saw continued risk through inflation. stay with us as we will return to you in just a moment but our next guest says rate cuts seem like a matter of when, not if. it might take a downturn to get to that when point. he brought the sectors he

thinks are best for safety. joining us is ken stern. good to have you with us. do you still feel, based on what you just heard steve say that rate cuts are a matter of when, not weather? >> what i worry about is the market is a leading indicator. what i am hoping and driving this market is the sense that employment has been so strong. the market rallied so high last year while rates were going higher. they will be coming down too fast because the market will be anticipating the economy. >> that is exactly right. this is the time to stress test. this is the time to take a step back and say we have a lot going on in the world today.

we are starting to see consumer debt coming up a little bit. we are starting to see savings rates go down. this is a time that we do a little bit of a stress test and a little bit of election protection. >> how do you do with? >> instead of betting how quickly rates will go down, let's just say that we think the long-term is positive. with that in mind, let's do a little downside protection. let's do something that will protect if the overall market goes down. days like today where we are seeing volatility, why are we afraid of that? let's have the cash available. i think that this is similar to your last guess. could the magnificent seven still rise? yes. why not go into more interest rate sensitive healthcare names, financial names. why can't we start broadening back the portfolio? >> some people are afraid to

because they don't want to underperform again. let me just circle back in a moment. the market initially had a knee- jerk reaction to the downside. we are stabilizing somewhat here. read into this idea that maybe you can -- they were not exactly gung in this discussion about cuts. it was more in the projections. >> i want to go a little off topic here. this all reminds me of a bruce springsteen line where it says take a right at the light, go straight into the night and then you are on your own. to the extent the market is forecasting six rate cuts next year -- this year, sorry -- it is on its own. these minutes do not back that up would be my personal opinion. i think the minutes are backing up this idea that there are likely to be rate cuts this year. those are in the projections. the extent to which the market

has certainty, i did see it in the probability of the last couple of minutes backup attach. it is still a 70% probability of a rate cut in march. that is something the market needs to own on its own and cannot point to the fed to come to that conclusion. it is not wrong if ken wants to advise his clients that the fed is going to cut rates in march and do so six times because my inflation forecast -- i don't think you can go back to the text to support that conclusion. >> the words do seem a little bit more like they are holding back. they are vindicating the peak of this cycle being reached. they are not committing, at least verbally. >> it is okay to have that conclusion and that could be the right conclusion. the fed does not have any lock on getting forecasts right.

they may have a lock on getting them wrong sometimes. that being said, you do this, you do it on your own recognizance. you go out and say i have this inflation forecast that comes down to the point. it provides the fed the confidence that it says in this document it needs in order to cut rates and that will happen between now and the march 20 meeting. >> you mentioned a couple of sectors that you think are well positioned for defense. let's go back through those a little more slowly. obviously finances a big sector. there are medium-size banks, healthcare is vast. where within those sectors? >> i don't think that the market necessarily needs to decide that rates are going down in march. i don't. things are very dynamic right

now. if we start to see a slight take up of unemployment, you will see all of that go out the window and you will see the fed want to save this into the soft landing that everyone is hoping for. and, we have an election year and we have political risks and we have oil prices that are in flux with what is happening geopolitically. i think the idea is to plan for the volatility, to have some defense in place, to have some hedges in place and then big pharma did not do so well last year. from an absolute standpoint, it looks promising now. this is an entry point for that. same with brokerage firms. types of sectors and industries, regardless of what happens with the fed -- i think that rates are going higher. do

i think rates stay the same? may be. do i think rates are lower 12 months from now? yes. based on those probabilities, i can over weigh those sectors with more confidence. >> if you had to guess, would you guess that the rate cuts would be backloaded this year rather than beginning sooner? >> i would. again, if you are waiting until it already happens, it already happened in the market. the market has been saying this. >> we all know a broken clock is right twice every 24 hours. i do think backing this in right now makes a lot of sense and just erring on the side of caution. when we do have these big days, these are days to start accumulating. >> thank you so much. >> with the yield on the 10 year back above -- let's get a

check. what do you make of it? >> here is what i think of it. when the chairman walked out and began q&a, he was pretty much ceding the market for aggressively pricing. now they are walking it back. what did they accomplish? in an election year, they accomplished the previous december hitting the highest level for the dow jones ever on multiple occasions. they have raised up the equity markets. they have built in eases. we have 34 trillion in debt today so funding is quite significant between the fed and the treasury. they did a marvelous job of the guidance as they walked it back. in the end, the markets will get what they want.

16 consecutive months under 50. nearly a three year low on job creation. now let's look at this. 4% and then it and bills off the empire state building and drops it through yesterday's low yield. it makes a new one and then it stabilizes on the minute. we have not closed above 4% in nearly 4 weeks, 12 december. when all of our guests talked about market rates moving down, they better really be more specific on the fed versus the market because the yield terms the biggest trade in 2024. every source i have thinks the treasury has a chance to hit 5% again but they don't feel that progressive. >> could you comment on the dollar, please?

we saw a big increase yesterday, one of the strongest gains in some time and it looks like it is continuing after the minute. >> it hit 101 on a closing basis and i do believe that the yield curve, if it comes to fruition that long dated yields will be bucking the trend. it will make trading the dollar index a lot more dicey because it is going to get strength. you will get weakness on the notion that the market will be more correct on eases than many think. if i had to make a comment, i would say the dollar index is not going to get tracked but i would be pretty confident will be trading a bit under 100. >> thank you. coming up, the high end holding on. luxury real estate with a great spot in the broader market. can that continue? the auto market starting off with some good news.

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-hey, your mom and i procreated to that song. oh, ew! i think you've said enough. why don't we just switch to xfinity like everyone else? then you would know what year it was. i know what year it is. welcome back. while sales in the broader real estate market plunged in 2023,

the high-end market seems to hold up better than expected. >> good to see you. manhattan home prices rising for the first time in over a year, driven largely by the high-end. median sale prices rose by 5% the first 12:45 $.16 million. the average price for a manhattan apartment increased to just over $2 million. the sales fell to a lack of inventory. sale volume dropping 6% in the quarter and 29% for the year. sales above $5 million for midmarket in manhattan, that increased in the quarter. most of those are wealthy buyers and they pay and a lot of cash so they are not relying on mortgage rates. two thirds of manhattan apartments were sold for all cash. that marks an all-time record. the altar high end held up in 2023. there were 34 homes sold for more than $50 million.

you had five homes selling for over $100 million. those were palm beach, hamptons, connecticut. the most expensive deal of the year was that $109 million sale for the oceanfront home in malibu that had been listed for $295 million. they saved $100 million. >> do we know if they paid all cash? >> i just missed out on getting that one. >> next time it comes around. robert, stay with us. no bud black is lso with us, a real estate broker. he has sold over $3 billion worth of properties. you know a thing or two about this. >> how would you describe the market right now? >> the market is strong. there are different market rates depending on where you are in the city or what the product is. we were far better than what we thought going into 2023 and we are dishing on a very strong

note. >> was 2023 in your sliver of the market in manhattan the story of the fourth quarter being particularly strong compared to the others? >> it really was. i think the rates were raised at the beginning. we started slowing very dramatically. in 2023, that continues and there was a hangover. people got tired of waiting. they had other life reasons they had to go forward with it. some of the wealthy that are waiting for the markets to adjust because of the high rates decided to come in. they were waiting for blood in the water. you have all of these things start to happen and then in december when mortgage rates start kicking down, that is when we have seen the activity. >> i live in the suburbs of new jersey. in my particular town, a house comes on the market and there are fewer and fewer of them but they typically go very quickly and above asking price.

one of these high-end properties come on the market in manhattan, do they sell above the asking price or below it? >> for the true high end in manhattan, 15 to 20 million. those are not particularly going above the asking price. there is still some discount to that. are certain true trophies, maybe something downtown in the west village that is turnkey, those are going at astronomical numbers compared to everything else. it is not so much that there is a sitting more -- bidding more driving the price is higher. the bidding wars tend to be below $3 million where there is very little inventory. people have not found anything so once they see something good, they pounce. >> that is like the first time buyer cohort in manhattan. >> what really helps the high- end is the supply of new developments. a lot of that it seems is running out because of

financing. there is not a lot of new development since we started. what will be the fuel to help 2024 if that is gone? >> we are running through what remains of that. there are a couple downtown, one in particular that is coming. that we have had to rely on for the last few years is gone. i think as rates continue to lower, you will have sellers that start putting their properties on the market. they then lock in great mortgage rates. once that starts relaxing, we will see the market unstick but there is not that big driving force. we will go where we are here, sideways and up. there will be much continuance from where we were. >> is there a hot building or hot address in manhattan? >> it depends on what you want to buy. downtown, looking for new new developments, there is one in particular that has done very

well. there is not much competition for it. >> it is over at one highline. we have done a nice development there. if you are looking uptown, there are buildings you can use that do astronomically well and that is to 20 central park south. >> even i have heard of that. >> that is the can grip and building. >> and you have heard of 15 central park west before that. you are talking about popular buildings and popular culture. >> one quick question. with people leaving, you are joking about miami with this lovely scene behind us. what effect is it having, if any? some of these prices still hold a record. >> a lot of people are changing their tax residency but not selling their apartments. even if they do, they still

want to come back for cultural reasons. they are not giving up on an apartment but they may just change their tax revenue. >> thank you very much. up next, a domino effect with billions of dollars on the line. apple's big downgrade yesterday, trickling down now to the suppliers. we will breakdown the moves down the chain on apple. we will be right back.

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welcome back the power lunch. shares of apple are lower once again today, down 4% in the first two trading days of the year. when apple falls, its suppliers take a hit too. a look at the collateral damage. >> this is really from the playbook back in 2022 when apple sneezes and its supplier catches that cold. that barclays downgrade yesterday burned the 4% drop in shares. iphone demand, mac and ipad demand and lackluster services on the horizon.

it is waffling around there but also falling, many of apple's important suppliers. let me rattle off a few examples. apple devices are assembled by them. tsmc, the chip maker for apple devices fell 3% yesterday and another percent today. broad, makes the wi-fi -- down another 2% or so. qualcomm fell another 2% today. these companies supply a lot more than just apple but the size of apple means there is a lot of revenue exposure for all these names. we are going to get earnings from apple here in a couple of weeks and it will be telling about apple and all of the suppliers especially commentary on the march order which in the downgrade yesterday, the analysts predict will be weaker

than the streak is expecting. >> i know this is a hard question and maybe a naove one but as you look at the stock price declines of those suppliers, are the declines commensurate with the percentage of revenue that is traceable to apple? >> in some cases, yes and in some cases, no. there have been some suppliers where they get 80% of their income from apple. it is also a signal that other consumer electronic demand is falling. >> qualcomm does not do open business at all. >> neither does broadcom. it is also a signal that if people are not buying iphones, they are not buying samsung. at the same time, pc market, a lot of commentary going into

this year. it is bound to recover. we finally hit rock bottom. maybe that can benefit some of the names i just rattled off but when apple walls, all of these names follow along with it. >> apple has a high reckoning. wasn't apple, within the past week, 10 days within dollars of an all-time high? >> yes. november and december, they were at that market cap mark again. like you said, all-time highs last summer. here we are again. >> once again, we are wringing our hands over this one downgrade. >> i also wonder if we are experiencing a leadership shift. apple has been moving important stocks for a long time. is microsoft starting to edge in? >> i am watching it every day, tick by tick. microsoft has the ai narrative. they are on the software side,

the leader as far as what they are selling. apple has nothing to show. everyone wants to see something, what does apple have cooking? they don't have anything yet. >> the iphone arguably was the most important product in the world for the past 10 years. if i were talking about the supplier ecosystem, what is the most important product now? generative ai? i just wonder if that will -- so many of those chip stocks claim their ai chips -- they are not yet. right now, what they do is not as capable as what others can do. the iphone is not going away or going to be replaced or disrupted anytime soon. i know there were commentaries this morning saying where is the innovation and so forth?

>> i think what you just said is so interesting. a decade ago, -- they are regenerative ai supplier. does that capture the shift in sentiment? >> it is hard to tell. the mobile business is going nowhere. this is still the gateway, mobile devices. it is still the gateway for everything we are talking about. the question becomes, can apple capitalize on that? if they have something, it will not come out until june. we are getting these whispers that apple is doing something there but for now, apple is tearing it all away. that is largely because of the open ai. >> thank you. let's get to courtney reagan now for ac nbc news update. >> names of people associated in some way with late sex

offender jeffrey epstein will be made public as soon as today. documents from a central lawsuit involving epstein who took his own life in 2019 following his arrest on enteral trial sex trafficking charges. some of the names of the documents have already been disclosed in the case. minor victims listed in the documents will not be identified. a new jersey religious leader was critically wounded in a shooting outside of a mosque today. newark, new jersey police say a man in all black shot the mosque early this morning and then took off on foot. the motive of the attack is not clear yet but the state's attorney general issued a statement saying there was no evidence the shooting was motivated by biased. the u.s. joined 11 other countries today to condemn attacks on the red sea carried out by the rebels in yemen. the militant group has said it will continue to target any vessels in the area that they believe support the

consequences. >> a pretty significant show of force. peaks and valleys in the tech hub. we have seen startups and big money flowing out of silicon valley to other parts of the country but is the ai boom bringing it back home? before we go to break, let's get a quick power check. on the plus side today is mayor well petroleum saying they are positive on the name. the shares are up about 5%. the solar space shutting more than 5%. that is your power check. power lunch will be right back. to duckduckgo on all your devie

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and creepy ads that follow youa from google and other companie. and there's no catch. it's fre. we make money from ads, but they don't follow you aroud join the millions of people taking back their privacy by downloading duckduckgo on all your devices today. welcome back. where will the next trillion dollar company be pounded? investors are increasingly looking outside silicon valley to cities across the u.s. with cheaper cost of living. the growth of new businesses in atlanta, georgia and census data shows them outpacing the rest of the country along with places like mobile, alabama and new orleans. here to discuss in today's tech check is duncan davidson. good to see you. do you experience this where

you are? >> i think that story got it exactly wrong. it might have been okay a few years ago but now everything is coming back to silicon valley because of ai. >> let me just come to their defense for a moment. can both things be true? are we seeing real startup activity across the country and also at the same time seeing ai revitalizing the original silicon valley? >> you must understand, i love startup culture and i spent time trying to generate startups in various communities. it is a very different question with whether or not silicon valley remains the center. we have seen other places like nashville that seems to be a nice spot to consider starting but none of these places can challenge the center. the idea that $1 trillion company will emerge out of atlanta, i just don't see it. >> what about seattle? >> seattle has got hope. microsoft named a new leader because it was so well positioned in ai as opposed to

apple but i don't think seattle is a place you will see it. right now, all of the main activity is happening down here. >> why do you not think seattle is going to be a place to see that kind of stuff? they have amazon, biggest company on earth. they have microsoft, maybe number two in the cloud and they will both play very heavily. >> they have a hard time up in seattle. it is too hard up there. the center of open ai, which microsoft is so close to was down in the san francisco area. this is how it always happens. whenever a new factory of production comes in, everything centers where the core of it is. if you read the book about elon musk that just came out, it is

hard-core. he is an advocate. you got to come together and not be remote and you got to work hard core. he is spot on about that and that is happening in the ai world down here. >> let me ask you this. one other effect we saw accelerate during the pandemic foreshore was the booming startups. maybe you could say we don't know if all of those will pan out yet but the mix of software and remote working, maybe throw ai into the mix. is that inherently causing us to have more creative destruction, more startup? yes, atlanta gets more. yes, the corridor gets more. it is kind of more of this activity in general and maybe the business model is easier to scale these days because you could take eight or 10 people and all of a sudden have a really interesting startup. you don't necessarily have to be in one part of the country. >> you can find great startups all over the place. i agree with that. our own portfolio used to be 50% san francisco area and the

diffused during the covid on the lockdown to be broader outside and not in the center but it is coming back. what you want to think about is we just came through a historic bubble. it may have been clocked by the interest was trading too low, too long. a historic bubble always makes people think it can happen everywhere. when the bubble is over, people re-center and that is what we are seeing right now. >> i assume you will say it was ever thus but california has serious physical problems right now and major deficits and their taxes are very, very high and they are talking now of it if it is potentially a wealth tax. with that in any way dampen the supremacy of san francisco and the valley in what we have been talking about? >> there is a point at which we will kill the golden goose. we may be getting this close to it. a lot of people i know are bailing out to lower tax states

but i don't think people really believe that the current administration in california really destroy the things. they might but they don't believe it would happen. >> how would you describe the general state of activity in san francisco and the vibe ut there in silicon valley and the whole region. it sounds like you are saying it is coming back. >> somewhat. san francisco is a mess. the fact that gavin could clean it up in a couple of days and then it would go back downhill again, the priority these people have are wrong. parts of the city are still a war zone and nobody wants to go there but there are parts that are very healthy. when i say san francisco, i am really saying the whole bay area. this is not just the city but all the way down the peninsula. >> i don't know how active you are these days but are you seeing a wrath of new business formation, people renting out office space across the area, things like that?

>> in the most recent cohort, they went from 20% ai base to 60% and these are all being spun into areas around the san francisco area. we are seeing a big pickup. the data i have seen shows in the last six months, the deals have been twice as many in this area than anywhere else. new york is number two. it drops off really fast. you can see the data is re- centering. >> fascinating. really interesting stuff. thank you. >> thank you. >> happy new year to you. pedal to the metal. auto sales ending 2023 in the green. we will break down where consumers bought and where they could start buying in 2024. power lunch will be right back.

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auto sales kept revving higher in the year-end with 2023 hitting the highest levels since back before the pandemic. the latest figures from key automakers released today. >> a nice end-of-the-year for the automakers. almost all of them did much better than what a lot of people expected earlier in the year. toyota, these are strong numbers. for the fourth quarter, sales were up 15.4%. hyundai up 5%. gm higher. the breakdown in terms of the types of vehicles that were sold in all of 2023, it shows the rise of the hybrid. vehicles continue to lose their momentum, down now to 84%. look at hybrids outselling electric vehicles in 2023. then you see them at 27%. for general motors, they end the year with 16.3% market share. that is up .3%. it is a nice new hire in terms of overall u.s. marketshare.

then you have honda. take a look at honda. the december sales were up 31.5%. hybrid is a big part of the story at honda and it is also a huge part of the story at toyota. toyota dominates the hybrid market here in the us they flex that muscle in the december timeframe, up 63%. i have said it time and time again. hybrids will stay hot because of the pricing. they are 10 grand cheaper right now to buy an average hybrid compared to an average electric vehicle. it does not mean you can find them lower-priced but the average ev sells for 51,000. the average hybrid, 41,000. >> the fuel economy is attractive. what share of hybrids generally are plug-ins versus the kind we think of? >> a small percentage. >> i would say maybe 10%.

when you look at the numbers, the plug in hybrids, very few number of models are plug-in hybrids versus conventional gas and electric hybrids. >> i imagine the latter is what avoid two people -- is what people avoid. >> what previous started has had a rebirth. people want to start moving toward electric vehicles but i'm not ready at the price point right now to go all electric. that will be the key here. when you bring down the price of the electric vehicle substantially -- you can't have one or two models wherewith incentives you go under 40,000. you got to have a lot of them. that is when you will see the ev sales take off. >> i agree with you. >> it is price and range anxiety. once you get the price down in the range up in the charging infrastructure up, then ev becomes a lot easier to sell. toyota has gone very heavily into hybrids, right?

>> they have been there. they realized a while ago. there are people who sit there and say toyota got a little luckier there. they really have not done much with electric vehicles. call it luck, call it strategy. they realize they are the leader. they dominate the hybrid market. as a result, look at the sales. 63% increase. people want them. >> it is an amazing indication of sticking with that strategy. >> thank you. coming up, can you hear me now? verizon saying wireless is set up for success in 2024. it is one of the stocks that often had a higher dividend yield. we will trade it and other movers of the day in the free stock lunch right after this.

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time for today's three stock lunch -- lunch. they have been set up favorably for 2024. cio at castle. what you do with verizon here? >> this falls in the category of lot of things that they are looking at right now. these are the value stocks. they are just so much cheaper. this is the time you have to look at things. some of these things are off of the table. you have things that are considered to press. verizon, is the perfect example. it sells at a fraction of what it used to. it really does have the ability to generate free cash. this is one of my buy options. let the stock run. don't take advantage of the folks that say it is going to be bounced. stay with it.

>> the carnival is the next name. starting with the rest of the cruise line stocks. this is down 11% the last two days. it has doubled. what do you think of it? >> investors are trying to say to themselves, any kind of bounce off from a deeply cyclical business, is the opportunity to exit. they are trying to argue that what we should always do, is move the money back into tech wanted bottoms. they are missing the point that the economy itself is the driver of earnings power for these kinds of names. yes, they are building a lot of capacity. yes, they are much more competitive in this environment today. the overriding view, is that it is traveling behind us. we have to move along. that doesn't have to be the case. they are jumping on a boat, so to speak.

this is a time that you want to jump in. >> jerry, what do you say? >> this is good to be writing it up right here. they threw a brick wall at them. they had other opportunities right there. the business is self is really significant on access to capital. it is not clear. there are more and more examples now of the business itself. it is not contracting in germany. what is the point of owning a business that is solely dependent on subsidies and capital? there are certainly other places that you can put your money to work for today. you don't need to play a theme that probably has sunset in terms of some of these green

energy places. >> thank you very much. we appreciate it. quick programming. mary powell, will join us for the was an interview right here tomorrow at 2:00 p.m. eastern time. we are going to play some of that tape. don't miss it. still ahead, what is growing at starbucks? the news of the coffee giant taking to waste. taking to waste. that and more, when we return. well, when at&t says we give businesses get our best deal, on the iphone 15 pro made with titanium. well, whwe mean it.s we give businesses get our best deal, amazing. all my agents want it. says here...“inviting pool”. come on over! too inviting. only at&t gives businesses our best deals on any iphone. get iphone 15 pro on us. (♪♪)

welcome back. two minutes left in the show. several more stories to cover. let's start with the national debt that just hit a new record. it has oppressed -- surpassed 4 million dollars. we are looking at a new funding plan before the next deadline. >> i can't remember what percent of gdp 34 trillion is. >> we are nearing 100. >> it is over. gdp is over. >> you are running the deficit. it will continue to add to the debt. the interest service cost is the biggest item of the plan. we have half of that deficit. trapped in this loop where the high interest costs keep increasing, which increases the deficit. we will be lucky if we muddle our way out of this. talk about starbucks, taking further steps to reduce waste. getting today, the coffee chain

will have reusable cups, or accept them for use at drive- through and online apple orders. previously, they will only accept personal cups for in- store transactions. drive-through now accounts for 70% of starbucks business. take a cup, deposited there at the drive-through lane. in a sanitary way, they bring it into the store. they fill it with your drink, and away you go in your cup. it keeps the beverage hot. >> will you be doing this? >> no. amazing buzzer beater in college basketball. clark, with iowa, sinking the three-pointer from the logo to give her team the win. you can see this shot right here. there is the pass. there she is in the paint. >> it sounded like the horn sounded. she is a phenomena. >> this is new to me. she is apparently becoming a must see player. iowa was in the 55 thousand put -- stadium with 55,000 people. they play records.

tickets are going five times face value. last night's game was on peacock. >> i think it was out of her hand when the lights on the back went off. i say swish. hawkeyes, beat the spartans. thanks for watching the power lunch. closing bell, starts right now. welcome to closing bell. the breakout begins with buying the dip in technology. it is happening as we speak. we are asking our experts over the final stretch if now is the time to step into some of those socks, or if you should wait a little bit more. in the meantime, here's your scorecard with 60 minutes left to go. nasdaq is still slower. microsoft and alphabet, they started to see some buying around noon. we are going to watch both of those closely here on out. there they are in the green. i also see that they were towing the line too. we are going to watch all of th