warner arey and time taking dives. new york yankees skipper joe girardi embraces big dip -- they got a in his day job. ps in his embracing ap off hours and he told scarlet fu all about it. mark: scarlet fu sitting down with joe girardi. nice. "in the loop you notice --scarlet: you notice the stripes -- not necessarily pinstripes. if p5 hundred is up by 5.5

points. part of the recovery is driven by apple. come inside the bloomberg terminal. itt has been interesting is it has been gaining for the second time in 12 days. it had lost 60% -- 16%. this is a chart comparing the appleshare price versus its earnings per share estimate for the next quarter -- you can see have come upmates because apple is notoriously conservative with estimates, but the share price has taken a big dive the last couple of days in the gap has never been -- and the gap has never been wider. we will continue to monitor this one. bank of america/merrill lynch downloaded -- downgraded apple. let's look at the dollar. julie hyman mention this earlier. it embraced gains. it is not little changed. it fell briefly after the adp numbers disappointed, then the

isn services number of cayman better than expected -- the isn services number came in that are than expected. there are a lot of fed officials talking. atlanta's dennis lockard said the bank is a most ready to raise rates in september. president obama is taking his case for the iraqi nuclear deal to the american people today. eases crippling sanctions on the islamic republic. detaileddent made a sales pitch at a speech at american university in washington. president obama: some have argued that it showed the futility of negotiations, but in fact it was our willingness to negotiate that helped america rally the world to our cause.

it secured international participation in an unprecedented framework of commercial and financial sanctions. fromet: u.s. lawmakers both parties who oppose the deal are threatening to vote it down, but as long as the president can keep majorities below the two-thirds majority, it will stand. mark: officials have confirmed that the airplane wing that washed up that come from malaysia air flight 370. the flight vanished more than a year ago in march of 2014 with 230 nine people aboard. the paris prosecutor is also holding a news conference at this hour to discuss the latest. we will monitor that for you as well. scarlet: baxter international targeted by dan loeb third point, which has an almost 10%

stake in the company that spun off its drug unit from its medical device business last month. shares spiking on the news and then you can see they have come down a little bit. . --third point has asked for two board seats and changes to corporate governance. mark: the dollar strength is behind the latest widening of america's trade gap. the commerce department reports the strong dollar boosted imports and helps exports in june, the gap growing by the biggest jump in three months. scarlet: america's service providers expanded in july of the strongest pace since -- in a decade. points, 60.3, the best reading since august, 2005. all major components of the report advanced. mark: motorola solutions is getting a $1 billion investment from silverlake.

the communications equipment maker says the money will be used to step up growth in public safety products. earlier, we spoke to the ceo, greg brown. public safety networks are mission-critical -- they are secure, encrypted, and they are growing in complexity. they are growing in software and i.t. content. as the complexity expands, we can move and extend ourselves from a hardware provider or an infrastructure solutions provider to manage those networks on behalf of our customers. motorola also said it would buy back as much as $2 billion of its stock at a price it has yet to determine. scarlet: as i mentioned earlier, inc. of america/merrill lynch analysts: on apple shares. they downgraded apple from a but buy toral, and -- from a neutral and a strong dollar will likely take a bite out of apple's profits as well.

total travel bookings or the value of all services purchased through its websites rose 11%. includee's, whose sites has fended and kayak off competition from google and expedia. those are your top stories. scarlet: coming up in the next half hour, they are the latest in the health snack craze to go public, but there might not be investor appetite for amplify shares. mark: a new oxford study shows 47% of jobs in the united states are being -- are at risk of being made robust -- redundant to robots. the transition could impact men more than women. scarlet: there are many well-known chinese knockoffs combat this land rover imitation. top them all. land wind. mark: disney shares are leading

a selloff in media stocks today. the stock is down, as you see on the screen, almost 9%, the most in four years, after reporting sales that fell short of estimates. andd bank follows the media he joins us from his firm in new york city. david, disney is one example. cbs will be reporting as well. is this a cyclical or structural downturn that disney is facing? david: you know, this is one of the most challenging days media investors have had since the financial crisis. if you look across the board, fox is down seven percent or 8%. script is down. all of these stocks are selling off on a number of factors that do not really seem to add up to the equivalent of the price drops. you know, there are a bunch of issues that are probably more cyclical, but it

cannot have the order of magnitude today that this selloff would seem to be driving. so, what happened with his last night, i think the key event was bob either commenting on longer-term affiliate fee growth, tweaking the growth down, suggesting that disney was vulnerable to changes in the media echo system, which i think it is. for some reason, i think that seems to have shocked people in a way that is somewhat surprising. mark: david, our call sweeney, an analyst at bloomberg intelligence, said, and i quote "investors are reading across the disney earnings and extrapolating it to the broader media sector." would you concur with that sentiment? david: i would say it is less about the earnings numbers they are reading across than the multiples compression. i do not think people expect to

be significantly disappointed, for example, in cbs or fox tonight. i think the concern is there will be a multiple compression that ripples through the space. that is what i would say. scarlet: david, i want to piggyback on what mark just said about paul sweeney of bloomberg intelligence because he has just put together a chart. if we can take this chart, gil -- what it shows is netflix versus traditional media companies like fox. 100% year to date versus a 7% drop for old-school tv guys. that this reflect the effect of cord cutting or the fear of cord cutting? david: i think it reflects the fear of cord cutting and we have seen a rotation on some level out of traditional media into atflix on a sentiment on perception issue. we have not seen a significant amount of cord cutting.

we have not seen a material amount of, sort of, skinny bundle purchases, but there is a part of investor sentiment that at some point the world is going to change and they do not want to be caught behind the curve. that is what i think is happening. mark: also behind the curve -- we talk a lot about live sports programming on these networks. david: right. ofk: that means the espn's the world get to charge higher fees. so, what is the bottom line here? of thei think as the end day, the thing that ties the ecosystem together, the thing thatmakes it all work, makes it such a value-adding enterprise for the media companies and for shareholders is the bundle -- the fact that it is basically impossible to get a subscription cable television package without having espn in it and the concern would be that over time

that bundle would be broken. me, and myasking overly concerned about the bundle being broken any time in the next several years, i am really not, and i do not think we have seen much evidence of it . i think espn will continue to be a fabulously profitable and successful franchise, although its rate of growth will probably slow to some modest extent. scarlet: right. you talk about the ecosystem, there are also over the top offerings. when cbs reports, they are looking for progress on cbs all access, showtime --is there a first-mover advantage here? some level, a on lot of what cbs all access does is itur perspective is shows you what a good value the bundle is -- you can buy the package for six dollars a sub and try to come up with a synthetic bundle of lots of different solutions of netflix,

hulu, cbs all access, but at the end of the day, for the higher price you will pay for unbundled internet access, you are better off getting cbs as part of the broader bundle, but i do think it makes sense to be forward-thinking for the changes in the echo system. -- the ecosystem. i do not think it is really there to extract -- to attract the existing cable subscriber to shift to cbs and an alternative platform. for puttingnk you that into perspective. rbc capital analyst david back, who was taken aback from the selloff on media stocks, just like all of us. mark: another day, another ipo -- amplify snack brands tumbling in its stock debut. ♪

mark: welcome back to the bloomberg markets day. i am mark hunter with scarlet fu. scarlet: we need to go to julie hyman with a look at the markets -- a mixed day. julie: it is a mixed day. the push and pull -- the s&p a little higher, the dow lower, and the nasdaq doing the best of the day. let's take that first. what we see in the nasdaq in the s&p 500 the biggest contributors stocks on antech individual basis. facebook is higher today, for example. google is higher. priceline getting a boost after its earnings speed estimates that it announced higher bookings. facebook is introducing live streaming. celebrities can now live stream on their seeds and answer that feeds andanswer -- answer q&a. i am not sure that would boost the stock, but that is news on

facebook. one big tech stock is still higher, but maybe just a hair higher. take a look at apple. it has been an interesting trajectory the last several days. we had apple declining for five straight sessions headed into today. earlier we had a decent rebound in apple shares, but it has deteriorated as the day has gone on. we earlier had a downgrade of the stock from bank of america/merrill lynch to neutral from buy, pointing out we could see a slowdown as iphone sales slowdown and new products do not wrap up quickly enough to take the place of that. there is a little bit of suspense. will apple end the session for a sixth straight session lower? we will be watching it as we head into the close. offsetting the gains in tact, we have big declines in media. you were talking about a come but i want to put a fine point on it -- disney, time warner, 21st century fox, they are taking off three points from the s&p 500. erasing 74e is

points from the dow. the decline the media stocks are seeing are helping to pull down the major averages to some extent. time warner, as you talked about, came out with her and -- earnings. due outtury fox is after the close. even though disney has been fantastically well as -- under bob iger, this has been one of the worst days under his tenure. mark: julie hyman, think so much. let's look at the top stories crossing the boomer terminal at this hour. scarlet: thousands of firefighters battling northern california firefight -- fires are being helped by showers and less human. the blaze has charged 106 square miles and is not expected to be complete be contained until monday. yes fbi is examining the security of former secretary of state hillary clinton's personal

e-mail system -- this is a system she sometimes used to conduct government business. her personal attorney says the investigation is designed to ensure materials were properly stored. he says mrs. linton is actively cooperating with authorities. billionairelet: donald trump is surging in the polls, but also surfing a tsunami. the term trump. trump is the most searched presidential candidate in every state except in vermont where bernie sanders, a candidate for the democratic nomination, is number one. those are your top stories. mark: the health and fitness craze has taken wall street by storm as evidenced by the recent ipo plans of soul cycle and planet fitness. scarlet: amplify snack brands is the latest company to go public. shares are falling in their trading debut, down by 8%, after

the company raise $270 million in ipo. leslie picker is live with thomas ennis from the floor of the new yorks stock exchange -- new york stock exchange. leslie: thank you. let's get to the ipo -- it is down about 8%. what happened between last night and today? i really do not know that -- we are excited chairs are still trading above the market range. we had great investors, a great roadshow for the last two weeks and if we focus on doing what we are really good at, which is created great brands and bringing them to the marketplace, our investors will be well rewarded. it is day one for a spare we have to focus on the long haul. leslie: let's look at skinny top ingredients -- popcorn, of course, sunflower oil, and salt -- that seems basic, because it is healthy, but i have to wonder, what are the barriers to

entry for snacks such as these? how concerned are you about competition? you are always concerned about competition, but we are in a great category and popcorn. at this stage and that kind of life span of a category, competition is a good thing. we like to have competition come in. when you think about packaged good brands it really is that -- about the brands. brands are about what prevent others from doing what you are doing. , thee love skinny pop brand, the experience it we have one of the highest levels of repeats in all of salt and healthy snacks. leslie: speaking of brand identity -- you made an acquisition in an appeal -- april. is that part of the strategy, to build through acquisitions, or do you plan to build, shall i say, organically? thomas: we like smaller

acquisitions. we think the real creativity is happening with small entrepreneurs, founders of these great brands. we started a company a little over a year ago that was focused on building a better for you snack food portfolio and we partnered with the partners of skinny pop. that was the first acquisition. april of this year we partnered and we are excited to bring them into our system and get them ready for a national launch. leslie: in terms of customers, .ou have costco and sam's club howdy do you plan to grow the customer brace -- how do you plan to grow the customer base and expand even potentially geographically? thomas: we have been able to build a phenomenal sales team. , we we acquired skinny pop acquired a great rant. there was not a company around it. we have been able to attract

great teams, especially in our sales organization. this year we unleashed the sales organization and we have knocked down about every major grocery chain that you can think of. we now have great partnerships with walmart, target, safeway, kroger, sam's club -- we have been busy. the first half of this year we have been building a lot of distribution in the marketplace. before you joined amplify you worked at a beef jerky company -- how do you compare the market for healthy snacks and what you see as the potential there? thomas: it is the same market. we were running roberto snack brands, great institution in seattle, and we look at each other and have said people have been making jerky for thousands of years, and doing it without artificial ingredients or preservatives, so can we do that -- and we were the first to launch an all natural reef jerky and it catapulted the brand into the marketplace. we saw the power of that movement of clean, simple,

transparent ingredients and wanted to create a company around it. leslie: we will leave it on that high note. thank you very much, thomas ennis, the ceo of amplify snack brands. scarlet: an ample five snack brands is down 18% today. mark: as we had to break -- breaking news -- you're looking at a live shot of the deputy paris prosecutor speaking to employers -- reporters following a news from malaysia that the debris that was found in the indian ocean island of reunion was, in fact, part of the tail section of the malaysia airlines 370, which disappeared in 2014 with 239 people on board. the search took months. it suspended, but as we found that a few days ago, some airplane parts washed ashore a

few days ago and it was confirmed those parts were from that point. you continue to monitor the deputy paris prosecutor's, to bring you details as soon as we get them. bloomberg markets date continues in just a moment. ♪

colleague and friend scarlet fu is coming up in the next half hour and she had a sitdown with the manager of the new york yankees, joe girardi. girardi, whose day job is to sift new data and manage technology to make sure his lineup is the best it can be, he has also developed an app . he will talk about that. mark: he also had some comments about my mets. scarlet: yes, very excited the mets are in first place. ♪

scarlet: welcome back to the market bloomberg. let's get to the stories making news this hour.

companies in the u.s. adding 185,000 jobs in july. speaking of the job market, it holds the key to whether interest rates will go higher this fall. that is the view of one top investors. earlier, jack rivkin broke down how the fed will make its decision. mr. rivkin: they want to raise rates. if they get any kind of good numbers, a culmination of what good happens on the wage front and an overseas adjusted number, i think that keeps them closer to raising things in september. scarlet: we get the july jobs report on friday morning. time warner outpaced the analyst forecast in the second quarter.

the parent company of cnn and hbo says sales rose 8% in the period. time warner shares are up more than 2.5% so far this year. olympics areer coming to rio de janeiro next august. comcast, nbc universal is expecting record advertising sales. they expected to his. a billion dollars, including sponsors like nike, procter & gamble, and coca-cola. television ratings should also benefit from rio's time because it is one hour ahead of eastern daylight time. the national hockey league is taking a page from major league baseball when it comes to digital operations. the nhl has signed a six-year agreement with than text -- with ch.te

those are your top stories. coming up in the next half hour, we've got much more, including one of manhattan's most famous residential buildings the subject of a new book. we are talking about the dakota, how it has stayed at the top of the real estate market for over century. at 3:10 p.m., regulators will need to force companies to disclose more on how their average workers are compensated compared to top executives. all that coming up on bloomberg market day.

shares of motorola are up after silver lake invested $1 billion in the company. the only news out of the company today. guest: we have three different announcements you this morning. revenue aheadt, of expectations, eps ahead of expectations, solid cash generation, margin expansion, and a record backlog, which i think speaks well for the momentum of the core business. announced oure intention to tender up the 2 billion and shares, which i think is a demonstration of our confidence of the trajectory of the company's half. and lastly, a billion from silver lake. the silver lake investment is a strategic partnership. we have talked about extending our core business into software and services. and specifically smart public safety software and services.

and the silver lake partnership is around extension and doubling down on those two critical areas. betty: is there a chance that motorola solutions -- have you been thinking about going private? mr. brown: no, i don't think we have been talking about going private. billion shares to date since the spin of the company. in the last four years, we contracted our share base 40%. .7 billionake the a share repurchase and the 1.1 billion of dividend return, we investments wee have is investing back in our own company, both organically in rmb and share repurchase -- in &d and share repurchase.

we have 12,000 plus public safety systems installed around the globe. some have hardware-based mince -- maintenance. there are somewhere we leverage that network on behalf of the customer. aree public safety networks christian -- are mission-critical. they are growing in complexity. as that complexity expands, we can move and extend ourselves from just a hardware provider or an infrastructure solutions provider to manage more of those networks on behalf of our customers. we think that is a significant opportunity for us and one that we will explore accelerating with silver lake. us some moreve details on what segments of the business are growing and slowing and by how much. for example, the radio business fell, products fell by 2%.

how confident are you that you will be able to replace that with services growth. brown: the core business in q2 normalized. so the core business is returning to some measured growth. we think, over the long-term, the core business grows as well. we look at software and services as a standing an additive to that growth. we don't have a growth problem in the core. it is returning. our highlights are north america, which has grown for the third consecutive order. it grew 5% in q2. the middle east has been really robust double-digit growth as of whole heightened sense security and the need for mission-critical public safety communications, secure communications is as high as ever in the middle east.

so there is continuing demand here in the united states, rings like baltimore, ferguson, new ork, only serve to emphasize the need for company communications and more broad, more and more countries need secure, whether it is border controlled, countrywide systems, inc. or did security. there is heideman -- encrypted security. there is high demand overall. olivia: other companies are tried to go with a stronger dollar. how are you doing that? mr. brown: we have different geographies around the globe. in the meantime, we are still investing in the business. is upending in q2 slightly as we invest in next generation i.t. platforms. this is a great time to invest and be poised as the economy recovers here in the u.s. europe is a bit tempered. asia pac still represents a

tremendous jogrowth opportunity for us. the ceo ofat was motorola greg brown. coming up, the secret history of new york's most famous residence, the dakota. ♪

scarlet: you know the saying "fake it till you make it." one company is giving customers the opportunity to do just that. like a carspiciously

by land rover. the one on the left is a real one. the one on my right, china's version, $20,000. joins me now. suspiciously similar. alix: there are a lot of orders. 50,000 people put down deposits for the land wind 7. less than halfs of what the real car is. overall, it is interesting when you take a look at if this is my to move the needle. we saw car sales in china fall in june. we have been hearing from all carmakerss -- all that cheaper models may be a good thing. rover hasaguar land cut its price targets in china because deliveries felt any 7% in the first six month of the year. so everyone is feeling it. you wonder if everyone is going to generate interest for it.

the middle class that china has been relying on to buy these cars have art about their cars and now they are going to go by other expensive things. so the next year down is the group that needs to -- so the tier the down is the group that needs to buy cars. this is not the only time where we have seen this, where you can get something for cheaper in china. the list is putting along but this is an incredible thing when you have a car that toks almost -- like for like the real one. you would buy one? stick with me here as we see how commodities prices settled in new york trading. taking a longer-term perspective on commodities, the selloff, the dilemmas selling in the last several ways, there have been

comparisons to 2008. is that fair? alix: no. demand issuehad a in the market because we had a global recession, pretty much the worst since the great depression. hear what you are dealing with in terms of commodities is an oversupply. so on the margin, it is more supply driven than demand versus 2008. that said, there is a lot of concerns about china. are they going to be buying as much? it has been a puzzling thing for many analysts to find out, especially when it comes to oil. in the u.s., the economy is better. and we are getting better data out of the eurozone as well. and therefore may be a little bit more difficult to fix, no? ifx: yes, because it depends you are going to see costs fall back -- going to see capex costs fall back.

it might take even longer. this is what commodities do. this is why they have super cycles. eventually, the capex please through. that is going to have paid back down the road. we will have tightened supply. if demand holds up, we get the higher prices. scarlet: let's talk about oil for a moment. we are talking so much about supply. what did we learn? alix: oil is at a four-month low. first of all, you did have a crude inventory drawdown. that was the initial bullish reaction on the numbers because you had lower and parts. but that will can -- lower imports. but that will continue to trade lower. if they demand for the stuff refiners make is not there right now, the more the product stock builds, it hurts the margins for refiners. they do not want to use as much. because they are not making the money.

the other issue is going to be production. it actually rose last week by about 52,000 barrels a day. and the book of that, actually most of that was in the lower 48. that accounts for areas like shale. back at alix will be the top of the next hour to take you through the market close. in the meantime, we are going to take a look at the stories at this hour. in the west pacific basin, super typhoon sudalor is brewing. the storm is expected to hit taiwan and china at the end of the week. gusts up to 200 miles per hour. typhoons are upgraded to super typhoons when when stop 150 miles per hour. in the 457-page document, brady denies telling anyone to tamper with the balls.

goodell last week decided to uphold of the suspension for brady. he has strongly urge them to settle the issue. floyd mayweather junior has announced that his next and final bout will be against andre burdo on pay-per-view. the flight is the last in a six-about deal with the showtime network. the boxer says he will retire with the deal ends. those are your top stories. the world's best-known luxury apartment buildings in new york city a. tennis courts, marble staircases, and 15-foot ceilings. the dakota, about located on the corner of 72nd street and central park west. the irony is, when it was first

built, it wasn't meant for the superrich. james, you looked into all of this. tell us about the location of the dakota. constructed, it was not a highly populated area of manhattan. james: it was mostly farmland. it was developed by a man named whose money came from the singer sewing machine corporation. this was real estate speculation. he was developing large swaths of the upper west side and this was his crown jewel. scarlet: and it was envisioned as a home for the aspirational middle class. how do we know that? list ofe have census the professions of the original residents. so we have stockbrokers, lawyers, various merchants who are at the higher end of their field. scarlet: at the higher end of their field -- what i found interesting, too, is that this is a fairly tall building at the time. but the apartments on the lower mores were perceived as

desirable than the ones on the higher floors, which is the flipside of what we have right now. james: it turns the idea of a penthouse on its head. the eighth and ninth floors in the building were staffed orders. even today, the rooms are by a large much smaller. are even shared bathrooms right now for current staff. elevators had only been recently invented and adapted for wider use. so the idea of being on the ground floor seemed a lot more comfortable for a lot of people. they didn't have air conditioning so it was a lot hotter. and there was a great ventilation up there. scarlet: you did not want to be stuck on the penthouse floor and have to climb all the stairs and i could a breeze coming through. fascinating article. we're got much more coming up on the bloomberg market day.

i sat down with joe girardi for a special interview on his latest project. joe: when we were kids, we did not have apps. to have a sci-fi augmented reality game's are a different for me but i am excited about it. scarlet: my conversation with yankees skipper joe girardi coming up next. ♪

scarlet: good afternoon. the yankees skipper has decided to branch out a baseball and into augmented reality gaming. no joke. he just launched a new app called portalball.

spoke withay, i yankees manager joe girardi and i asked him what inspired him to join the tech world? joe: having teenage kids, you stay connected a lot of times texting, playing games, having competition. this is a way to stay connected. i don't know how much my industrial engineering background came into play. i think it was more of a father -- scarlet: parenting skills. joe: yes, try to stay connected with my kids. scarlet: having on through the experience of inventing this game and launching this game, how would you advise players who are pursuing these outside ventures? joe: i would tell them to be creative and let your creative side come out. try to have fun with it. it's just something different. it's the world we live in. thinks a little bit different than it did maybe 20 years ago. i am probably going to drive my agent crazy, calling him with new app ideas.

but i never thought it was something i would get into but i think it is fun. scarlet: are you already jotting down ideas? joe: i already gave him a new one. we will see how that works out. scarlet: does it involve baseball? joe: no. scarlet: let's talk about technology in the world that it plays are now. talk about the ways in which it has made baseball better and worse for you as a manager. joe: i think it has made it better because it gives us information so much quicker. scarlet: you don't have to get on -- joe: no, you don't have to have scouting reports should to you in a box. now it is uploaded on your ipad and we are able to do a number of things. players are able to look at some any different things, so many different types of scouting reports. just a that little bit to get an edge. i think that is what we look for. with the information we are given today, it really gives you a chance to back up what you see

with your eye. scarlet: how tough is it to key players from looking at their cell phones constantly and being distracted? joe: once the game starts, i don't worry about it. but there are a lot of good things happen. players are able to community with their families better. from a, im able to get videos of my kids and their sporting events right away. the downside of it is sometimes they put out things they wish they could take back because it is easier to type it then maybe say it. but i think it is an advantage for people to stay connected. scarlet: if enough of the comeback seasons of a-rod and and -- and mark to shira -- mark texiera. is this a scenario you could have conceived of or predicted before the season began? joe: i don't think so. probably felt that, if mark was 100 was a300 and

possibility. i think alex was the hardest one to predict because he was really out of the game for two years. i think he came back in august, plated two months, and then was out another year. a second hip surgery. he was just going to turn 40. from a physical standpoint, it was hard to predict what you are going to get from him and he has been a terminus job on the field, off the field, in the clubhouse. he has been a great leader in our clubhouse. i think that was harder to predict. scarlet: how do you think portalball will help kids get excited about baseball again? there is a lot of talk that kids these days are not involved in baseball and that will affect the game's future going forward. joe: i think all kids love to compete for the most part. and you can compete against your friends. and you can compete against your family. and it's not just a baseball player. it's got a sci-fi segment to it. i think it will attract a lot of different people. i think it will have a lot of fun with it. like i said, i'm going to

compete against my kids. i will probably lose most of the time. but when i do win, i will rub it in. scarlet: of course, the new york yankees are in first place in the al east. joe girardi says that it is a varied saying time for new york city. still ahead, highly paid ceos, watch out. the sec revealing the companies must soon reveal the ratio of play compared to the average employee.

that executives complained

the u.s. tax code and courage companies to move overseas. how much more does your ceo make then you? scarlet: tesla earnings out today. the one thing earnings will be looking for has nothing to do with the profit or loss line. scarlet: good afternoon, everyone. alix: let's get a look at the markets are now. the s&p up by nine points by rising above all its moving averages. versus theigher 10-day average. a little bit of momentum on the day. scarlet: