welcome for the closing bell. maria will be back tomorrow live. however, from washington with a special interview with the head of the international monetary fund. >> you never know where you'll find maria. >> very true. but she always ends up back here eventually. >> welcome aboard today. we're in the final hour of the first trading day of the second half of the year and the rest of our lives. t stocks taking it on the chin early on after the disappointing ism number. as for the major averages, a micked d mixed day. we're trading at 12, 839.

nasdaq still positive. a gain of about five points at this hour. so technology obviously one of the leaders. obviously it telecom has been one of the big leaders and the s&p 500 is climbing back. if we wait long enough, that may go positive here in a next few minutes. and a reminder, it is a holiday shortened week. we have a half day of trading tomorrow. closing bell will be on at a special team at 1:00 eastern time p. and of course no trading on wednesday for the fourth of july. we'll all be watching the fireworks. so we start off the second half of the year and investors have had to sink their ooteeth into lot this week. >> so let's talk about the markets. today's closing bell exchange, rick santelli at the cme.

also with us, paul christopher. ron, i'll start out with you. what do you think the second half of the year will look like? >> a great technical analyst on wall street had talked about the news response syndrome on wall street and today we got bad news across the board. slow down in manufacturing, domestically and overseas. it's held up relative to the past two summers. so i think the bank of england is likely to ease i wouldn't want to bet against central bankers right now. >> the bernanke put is in place. >> paul, you see a better second half, as well. why. >> and we break thagree hat liq force is a positive one. might be a sluggish start to the

quarter, but we look for a better end to the second half. >> do you agree with what was just laid out and what's the strategy that you would employ. >> looks like we've got a lot of headwinds facing this economy and this market however we have an awful lot of values. the value is one of thoefs tough things to try to determine. if you look at edward munch's the scream, someone paid $10 million worth of that. i wouldn't put this my house because it scares me. but i do think that equities will have a great deal of value in terms of the yield afrnts their growth potential. but we'll have to see how it faces against those head winds taking place in economy because they're very significant. particularly with the fiscal cliff we'll see will in 2013. >> rick, i know you love to the talk of bernanke, but what do you think will happen mlt second

half half of the year? >> the central bank mentality can try to counter act the slowing economy, but the problem is they can't directly impact it. so i think that's the issue. and i think what that means in english, you could look at the stock indices and get a very wrong picture or an inaccurate picture of the underpinnings in the economy. so it's a race with lid liquidity. ism doesn't make or break the economy, but it galvanizes a lot of the other economic fundamentals to many investors. so there was a very swift response. rates move lower. although the dollar index seemed impervious to that data and actually the dollar and euro were in a very tight range for the last four hours. >> why do you think the ism number was so weak? >> i think the rest of the world is catching up to us, but i didn't think we would be fully immune. we're not slowing as much as let's say china or certainly europe. yet brazil and i said i can't also slowing down pretty noticeably.

so it has to impact u.s. manufacturer's and multinationals. and it may impact profits to an extent. but i think we'll get a full-court press from the people's bank of china all the way to the central bank of brazil. i think there will be a full on central banker's summer that unlike the prior two years where they waited until the markets were down 20% or more to act, they'll act more preemptively to the extent that word is applicable here. >> with an 8% growth rate, they're not exactly selling pencils on the corners. >> if you believe the figures. >> that's true. >> if it is a central bank summer, that could also usher in a lot more volatility. big swings to the up side or down side. what sectors do you think might benefit most given the scenarios that we've heard? >> on the international side, we still favor a cautious approach while we have a sluggish beginning to the quarter. there's still sluggishness out there. so we would say with the broadly diversified international

exposure and we would overwhat i with countries that we think would hold up better, be a little resilient in the face of turbulence or volatility. we like indonesia, made la mala japan. >> and randy, what are you buying? >> in conjunction with what paul just said, we tlhink there's really dynamic growth areas of in the world. so what better way that we can pray that than to go into the agriculture business. in this country you're seeing corn prices, soybean prices rise, farm incomes doing quite well. so i think the farmers will buy nitrogen, fertilizers and some of the discretionary spending that will take place with regard to the add community and the rural community. >> very good. randy, paul, good to see you both. thank you for joining us.

one of the hottest sectors of the year continues to roll ahead as we kick off the second half. bertha coombs has details on that. >> yeah, telecoms were on fire in the first half, up more than 14%. and today they are the leaders once again, up more than 1.25% on a really mixed day in terms of the s&p 500. four out of six have been in negative territories for much of the day. let's take a look at sprint which is on fire in june. jpmorgan making positive comments. stabilize lizing or slightly higher in the second half. and they think could still see a significant move to the up side, up more than 5% today. at&t and verizon are the laggards. industrials is the biggest drag. the one area where the market is taking a look at those global

manufacturing numbers and feeling a little bit of time to take some profit off the table. rockwell saw a down grade. boeing and caterpillar account for 20 points to the down side. nr energy the worst performing sector. marathon up 37% year to date. and if you you take a look at these others, the other four, all these at all-time highs and the things they have in common is that they get virtually all of their revenues from the u.s. that's a trend that we'll look at tomorrow. >> it terrific. >> anlgts tease there. thank you. >> we're just under an hour before the closing bell. the dow jones industrial average last trade was trying to hang on to the unchanged level maybe move into -- >> you can see it over there.

maybe you can't see it. okay. maybe drury can't see that number. >> i can't. 38.14. >> don't go away. a lot more ahead. barclays interest rate scandal is blowing up. and costing the company's chairman his job. will it also do harm to investor confidence to the badnks and wal street in plus are declining gasoline prices threatening to railroad the railroad industry? the first tv interview since taking the job in march. and as stocks kick off the second half of the year, we want to know whether you think the market will rally or underperform throughout the rest of 2012. tweet us at cnbc closing bell. this is new york state. we built the first railway, the first trade route to the west, the greatest empires.

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welcome back. if you're just joining us, this morning's weak manufacturing data kept a lid on stocks this morning, a bit of a studder start there. now coming off the lows. the dow down 54 points at 12,825. but what a day we had on friday with that monster rally. telecom very strong. but industrials heading the other direction. vlt r volatili volatility index below 20 for the fifth consecutive session. that did seem to be the signal from the vix at 1731. >> perhaps no surprise, but critics are cranking up the heat on wall street on the heels of those mounting losses at jpmorgan chase. which forced its ceo jamie dimon to face congressional

committees. now there's an interest rate rigging scandal rocking barclays. our next guest says it's further confirmation for the average investor that the system is stacked against hethem. >> also joining us, jared bertstein who says there is into reason to distress. i get that, but here we go again. another example of bankers behaving badly. >> absolutely. i don't want to down play this. my only point is that we're app flying an airplane with a lot of dials. one dial is wrong, but that doesn't mean there's a crash. >> but that could be the gas tank that's missing. >> it's a big deal. the libor is the easiest to man

manipulate because it's an actual benchmark. >> when you look at the number of incidents and the fact that the retail investor has not gotten back in to this market, it seems to be proof that they shouldn't trust the system. >> that's right. just when investors think that all the problems with the banks have come to light or everything's been exposed, something new comes out. there are so many hidden problems at the banks. who would have ever guessed that you would have had banks manipulating such a key important interest rate used by governments and commercial bodies and people in the worldwide real estate market who would have ever thought for a moment that you would have 18 banks or so actually manipulating that rate. so there is no transparency and just when you think the problems are behind us with the robo signing or writing bad mortgages or needing a multitrillion dollar bailout from the government, some of the investors have to contend with

this. >> what's the solution, though? how far can you go with regulation until you choke off the ability to make a buck? >> if they're making a buck the wrong way and cheating, maybe they need to be choked and not choked off. i think it's okay to be regulated to it that degree. clearly we have regulation, but it's not doing enough, is it. look what they're doing. manipulating interest rates now. >> to be absolutely clear, there were many warnings. there were articles in the newspaper, regulators were once again asleep at the switch. but the key thing to get will back on track quickly is to fix this thing in the following way. per vmervyn king has been on to this. we actually have the technology to change the libor from a reported rate where a bunch of bankers give their estimates of how they're at each other to an actual rate, to a transaction

rate that's set at a particular time in the market. you have to automate the thing so you take it out of basically the opinion of a punch of people, some of whom were clearly manipulating it. >> the problem is we're always reacting to the last disaster. so now we're trying to clean up this disaster. so where is tproactive nature s due to the nature of the banks and the lax efforts by regulator, we know there is something else out there. so who is trying to prevent the next disaster. >> a great point. >> isn't there also an issue that investors that buy into the stocks of the major banks also the war kebar keeps going up. their ability to make money has changed dramatically. but the expectations from investors have not changed. so i think it kind of openses

the door. they have to look at other ways to make money. >> i think that's a great point and i think when you have that kind of pressure coming from the outside world, the regulatory function becomes all that much more important and here after the u.s. case, you see he with jamie dimon instead, the minute after this thing crashes, you have people fighting with the oversight that should have prevented this. >> does dodd go far enough in your view? >> i don't being dodd-frank goes far must have in this regard and this is a good example. >> it doesn't go far nuch aenou some of the banks being investigated for the big rigging are the exact same banks that are fighting as we speak, guy thing to ste i fighting to stop the implementation of dodd-frank. >> dodd-frank has pieceses that will make a big difference.

kicking up capital reserves. you can get a lot wrong if you have good capital reserve requirements. the yuunderlying point is that whatever we implement through dodd-frank, we should ratchet it up, not down. >> always appreciate your comments. thanks for joining us. about 40 minutes left in this trading session. we are down about 50 points. kind of holding steady. but i will point out the nasdaq continues positive, but it's coming off its highs of just two points right now. >> i can see that number. yeah. all right. does dish network have a death wish is this dumping the network that airs mad men, breaking bad and the walking dead. also taking on the major network miswill court about a new dvr that automatically skips commercials. is this double trouble for the stock or is it a contrarian view that maybe you should pay attention to some stay tuned. . .

also happy 50th birthday walmart. but would the company have had anywhere near its success if it had let workers unionize? that lovely debate coming up. and we want your outlook for the markets. will stocks rally or underperform in the second half of the year? tweet us at cnbc closing bell. ♪ ♪ ♪ [ male announcer ] what's the point of an epa estimated 42 miles per gallon if the miles aren't interesting? the lexus ct hybrid. this is the pursuit of perfection

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sharon epperson has details. >> that $7 rly seems like a faint help other perhaps, but we did see oil prices with their biggest one day gain since 2009 on friday. only to give up some of that today. the weak manufacturing data that we got here in the u.s. with that ism data, weak data from china weighed on the markets. but then we had supportive factors particularly for the brent crude market which paired most of its losses throughout the afternoon and that is the fact that we continue to see for the second week here a strike going on from offshore workers in more way and that's impacting the crude price as well as the fact that we in-to hear more rumblings coming from iran, the latest from the parliamentary group there that has drafted a bill saying that they will not allow oil shipped traffic through the strait of hormuz. so blocking that shipment also seen as support difference of prices and we do have nuclear talks, low level officials meeting, but meeting over iran's

nuclear program tomorrow. we'll be watching very careful for any headlines there. >> sharon, thank you very much. if you're watching us on dish network, that could make a mad man out of you you because as you probably know, dish dropped amc over the weekend. the network that provides us with mad men, with the walking dead, with my favorite, breaking bad. which the new season starts in a couple of weeks. say it ain't so. but various reasons why this is going on. dish says it's because amc's fees are too high. amc blame an unrelated lawsuit. whatever the case, you're wondering what to do with dish network as an investment. that's what we're talking about and talking numbers today on the technical side. it's carter worth.

so matt, i'll start with you. good or bad? >> it's very exposed to programming costs. they've done a great job of containing that thus far. they fought very hard. but realistically if they were absorbing the same programming pricing increases as a comcast -- >> but don't they have fewer viewers, as well? >> it certainly is not a good thing. if you look at dish's rural demographic, it probably doesn't map as well against mad men. you have a lot of loyalty from viewers. so you haves can grunt he willed viewers who might be in-clib kleined to swish out of dish.wi viewers who might be in-clib kleined to swish out of dish. >> what do you think of the chart? >> we like it. the selloff, this is what i would call a mature intermediate decline. 36 to 26. mature three months in in the

making. 30% thereabouts. that's an opportunity to get long. and this is the daily chart for two years. take a look at the weekly chart. and you can draw the exact same trend line. so in principle,'s weakness to take advantage of. >> matthew, what would do you with dish? >> i think it always screens cheap on an eps and free cash flow basis, but there are real issues with the core video business and the up side lt advanced wireless business particularly if they do it on a -- >> you don't sound like you would be buying. >> i certainly think there are maybe better names you can find both in the u.s. and overseas in the sector. >> matthew, thank you. carter, always good to see you. the dow jones industrial average is down about 47 points. nasdaq is trying right now to hold on to a slight gain on the

trading session. all right. we have about half an hour before the closing bell. coal shipments may be down and you'd think that would hit the railroad stocks hard. but think again, they're hitting new highs. the real question is this rail rally sustainable? the ceo of union pacific joins us next. plus why investors immedianeed a close eye on the drug makers during the third quarter. here's what to watch for in the phrma sector. for the latest round of patent expirations, drug firms continue to build out their pipelines to look for earnings. jpmorgan sees phrma as a more attractive sector. while the index has been moving this line with the s&p 500 this year, one monumental development take could help the sector outperform, the release of phase three data for two alzheimer's drugs expected late her it year. if the results are positive, shares could move sharply higher. tdd# 1-800-345-2550 the spx is on my radar.

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stocks stocks sputter to go kick off q3. we're down about 40 points. mary thompson has details. >> manufacturing data, one might expect the markets would be even lower today, but the deal flow help to go assume the markets somewhat. given the manufacturing data, cyclicals have certainly been a weak spot, but i also want to point out one other group that's actually juunderperforming cyclicals. hmo under pressure for the second settle in a row after a studder step. come off best levels because of a report citing sources that the company's founder is not considering a bid to at that time company private anytime

soon. >> so guess who has been the biggest gainers among the railroad companies? try union pacific. the stock recently hit a ten year high after profits jumped by 39% in the first quarter and with business still chugging along, is it a sign that strength for a broader u.s. economy? >> joining us for his first tv interview since taking the reigns, celebrates igoining in verse pi. >> this company created in 1862 and you folks have been listed here at the stock exchange since 1860. >> you only get to do that once. >> exactly. >> how is business? >> business is good.

>> counter intuitive with the rest of the economic data we're hearing. >> a lot of noise in the economy about whether or not we're sliding back, but we're not seeing that. we manage to offset soft core loadings. flat with volume. so we're seeing the other components do quite well. which do you thi >> do you get a sense that we're near the bottom of the cycle versus perhaps this in the middle of the cycle? >> absolutely. for one thing, it's very hot outside but we he have seen an uptick in our car loadings. >> where are you seeing strength? the biggest is in oil, car loadings. the oil shipments. all the materials that feed those formations. but the automotive industry is doing quite well for us, as is

our domestic industrial chemicals. >> it's so interesting because then you get data like the ism sr. say, so much conflicting data that leads a lot of to us question whether or not this economy recovery is starting to sputter or whether it's taking its sweet time bouncing along the bottom. >> i think slow and continued growth seems to be the course that we're following. it's interesting the way information raffles so fast that people can react so quickly. so maybe as the trend has slow growth, the trend still definitely a nice consistent slow growth for us. >> you mentioned crude oil, but you're benefitting from some of the clogging of pipelines. we don't have enough pipelines in this country and they're trying to do something about that. as they solve that problem, does that hurt your business down the road to some degree because they'll be moving more oil

through the pipelines and not on the rails? >> i think our oil customers originally were surprised at how efficient delivery by rail could be, so today they're investing in origination and destination sites. so they'll be with us for the long haul 37. we can offer them a multitude of destinations. we can get it there twice as fast and they can play the arbitrage on the pricing at the various destinations. we're consistently rely oniable it's weighing off for us. >> how cyclical is that business? auto sales have been inconsiste inconsistent, so i wonder is that a cyclical industry for you or does it remain relatively consistent? >> if you look at the 35erpaes

you twog 2008, it's slow and consistent, 14 million to 14.5 million is a nice healthy growth. and still kind of a low what we would consider to be normal. >> a lot better than it was. >> a lot person it was. and some opportunity to be even better. >> so what kind of guidance are you providing for the sex half second half of the sgleer we'll g year? what kind of guidance are you providing broadly? >> overall by the time we get to the end of the year, despite the big downturn in coal, we'll be in the positive zone for volume and we're protecting -- or projecting another record year. >> very quickly, what worries you the most, is there anything out there that -- >> besides coal. >> that has you concerned. >> basically it's the fundamentals of the economy. it's hard to buy a house, it's hard to buy a car if you don't have a job.

so those are the kinds of things that are right there day in, day out. and when we think about a union pacific railroad, we're building the railroad today that we want to be running three years from now because of permitting and getting all the supplies and design. so to some extent, we're making a bet and there's a lot of uncertainty associated with the global economy. regulatory frameworks. those kinds of things. but overall, we're optimistic. we feel good about our prospects. we're celebrating 150 years and we're look forward to tomorrow. >> we'll let you get upstairs. thank you so much. heading toward the close. about 23 minutes left in the trading session. the dow coming off those lows again. down 24 points. up next, a top strategy explains why history is on the side of the bulls during the sex half of t second half the year. >> and do you you think stocks will rally or slide backwards some stwoo some? tweet uts yos your thoughts.

and they were a force in electing obama, but a key demographic may be thinking twice this year because of the economy. results of a surprising study. and just a reminder, don't miss the closing bell at a special time because the actual closing bell occurs at a special time. the stocks stop trading at 1:00 p.m. and we will be here at 1:00 p.m. coming up tomorrow. maria is in washington. and you don't want to miss her interview with christine lagarde. that's coming up tomorrow around 1:30 p.m. eastern time right here on cnbc. which stock is up the which stock is up the most this year? lockheed martin or 3 m in the dividend after the break. acceler-rental.

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date. >> is to be stocks suck in neutral, but the nasdaq still positive.6uck in ne nasdaq still positive.uck in ne nasdaq still positive.tuck in ne nasdaq still positive. >> there areville moves in individual stocks answer i'll go the other way and look to the down side. starting with dollar tree, having a pretty bad day and this is one of those stocks that you'd think would be high other a day like today, but after hitting their $54 price target, downgraded. also to the down side is fastinol. ubs rating neutral. and they are citing weak manufacturing outlook in terms of one of the issues there. so not a great day for hothose o

stocks. today's smmove is no indication of the rest of 2012. >> he says did during election year, markets hit their highs in in the second half about 85% of the time. so are we poised for a big rally? sam joins us now. >> apparently we don't need you. we just said what you would say. thanks for joining us. >> so sam, we kind of know what you were going to say about 85%. but you got to one kwonder, thee significant headwinds. the fiscal crisis, the election, europe, china, could could i go on. >> and his to er t history is a gospel. it might forget the words. so you have to overlay it with technical perspectives. our belief is we could probably see a better second half. i wouldn't say a big rally.

there are so many head winds that i think percentages will be there, meek you'll probab meani see the high, but i wouldn't expect a tremendous blow off. >> i think the key for investors is to recognize that for every risk or concern they have, there's an investment spraenlg th strategy to help them with just that. so we're work, with clients to make sure the port polio has the noncorrelated asassets. >> how do you invest against the fiscal cliff? there doesn't seem be much willingness in congress. >> what we're talking to investors about is first of all maybe you want to harvest gains

while ax ra tax rates are still low. there's a nunl mber of differen ways to protect against that possibility. >> you still like the difference and plays. you like the pefear stocks. >> focus on those companies with very good quality. the s&p 500 earnings a dividend rang of a minus or better. i believe that andrew is correct that i don't think our politicians will allow our economy to fall off the fiscal cliff because if they do, they themselves will fall off the political cliff. and so i think they want to keep themselves in congress and they will do what they can to make sure -- >> so it will be a busy december 31st. >> what they will end up doing is delaying the sequestration and then finally come to terms in fth iirst quarter. >> what's the biggest worry, china or europe? >> bigger picture is, europe

because the outcome is very binary. if europe makes a key policy error or doesn't act sooner and that falls apart, it could be a very big problem. on the other hand, china accounts for 25% of every unit of global gdp growth and the slowing story matters a lot. we still think soft landing, although the barrens article this weekend shows that there is another side to the story. >> there is also is. hangs f thanks for joining us. how do you think stocks will perform the second half of the year? we're asking you. will they rally or underperform? tweet us your thoughts. we'll get to your responses coming up. and as bill said, there are about 14 minutes before the closing bell. the dow jones down about 29 points on the trading session. nasdaq still holding on kind of by the skin of its itself. >> just a fractional gain. so is facebook still mad at the nasdaq for botching its ipo

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to switch or not switch. apparently that's still the question facing facebook when it comes to the exchange. >> and the answer all depends on which newspaper apparently that you are reading. the "new york times" reports facebook is still considering switch to go the nyse, but the "wall street journal" says the social media giant will stick it out with the nasdaq. >> what do you think? i think nasdaq. >> i would tend to agree. >> scaring the heck to the nasdaq for botching it. her too arrogant about the whole thing. now they've been humbled. saying all the right things.

>> i think he's been gracious about not publicly being in pursuit of facebook. i think it depends what kind of fee structure involved in making a move from one exchange to the other. but unless there's a real compelling reason that continued problems with the order flow in the stock and the execution of trade, i don't know if it would be worth to move. >> you can't blame it for the stock price at this point. they just overpriced it at morgmor morgan stanley. >> and every time they bring us together, they look through the archive video and i understand we're going way back with this one. >> oh, stop now. how much dust was on this thing? this is film.

tin i'm 37. >> >> i miss the mustache. >> i miss the hair. >> those things happen. >> we'll take a break and come back with the closing countdown for this monday. >> did something happen with house something has it finally bottomed? >> but first can the airlines keep flying hi high this quarter? phil what bow hlebeau has a cha for us. here's what to expect from the airlines in the quarter ahead. all eyes are on american airlines. the question of whether or not the bankrupt carrier will move closer to a possible merger with u.s. airways. there's no guarantee that a merger will happen between american and u.s. airways, but if amr takes steps in that

direction, look for all airline s to say consolidation is good for investors. airline stock should also move higher if jet fuel prices should stay in check. expect a number of airlines to revise their full year earnings estimates higher. that's your q3 channel check for the airlines. i'll pil lebeau. i've been fortunate to win on golf's biggest stages. but when joint pain and stiffness from psoriatic arthritis hit, even the smallest things came difficult. i finally understood what serious joint pain is like. i talked to my rheumatologist and he prescribed enbrel. enbrel can help relieve pain, stiffness, and stop joint damage. because enbrel, etanercept, suppresses your immune system, it may lower your ability to fight infections. serious, sometimes fatal events including infections, tuberculosis, lymphoma, other cancers, and nervous system and blood disorders have occurred. before starting enbrel, your doctor should test you for tuberculosis and discuss whether you've been to a region where certain fungal infections are common.

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xxxxx our statistician team really work overtime. listen to this. since 1950, s&p 500n annual losr as positive first half. july is the best month usually of the third quarter for the dow and s&p, first month of the first quarter, but it is the second worth month of the year for the nasdaq. i don't know what that all means. here's what happened today. spain back to reality and yields were coming higher after the

euphoria on friday. but still well know the 7% number that everybody needs to the european bonds. euro lower today. if the euro is going lower, our market will be lower. equity market that is. and that was the case today. and it didn't help the ism number out this morning. so the dow is down 18 points. coming off the lows as we head toward the close here. yields for the treasuries, a little bit lower. they were buying some of the treasuries today so we're back to 1.58% on the ten year. price of oil, how could they not take a few profits after the monster rally on friday. down 1.5% decline to $83.64. gold also seeing a bit of profit taking today of five dollars back below $1600. very much a risk solve day. safe haven play for the s&p 500

sectors. telecom the strongest today. followed by the utilities. alan valdes, do we chalk up a day like today just because it's a holiday week or is this a reaction to friday? what's going on here? >> it's more like a holiday. dow down nearly three stock, boeing, cat, dupont keeping the market down. the other 17 treading water. you don't put into much like a day like today. but that said, sometimes what's good for wall street is bad for the economy. ism so bad, now they think they will get juice from the fed. >> now suddenly it's that perverse thinking. it's so bad that it must be good because the fed will be stepping in at some point. >> that's true, but how much account fed really do. i think the fed has one bullet left and that is qe-3 and that's why they weren't willing to use that bullet and they chose to extend operation twist. so i think that whatever they to next, they really have to get

right. >> we've established that you like the safe haven stocks. does that include some of the leaders today on a safe haven day? telecom, utilities which are traditionally at play for income, as well. >> you're more likely to find high quality stocks in utilities than you are telecom because telecom is such a small universe. also they've had multiple personality changes over the past ten years. so they really don't have the consistency of raising the earnings and dividends the way the utility, consumer staples and other areas have. >> and we have the unemployment number on friday, the jobs number as we now call it. but fourth of july in between. so sort of an odd week. >> big fluctuations going on. >> gentlemen, thank you both. appreciate it. the dow trying its darnedest to finish positive for the