the dow is up 193 points. s&p up 20. nasdaq up 49. gold is down. three winners goldman sachs, jp morgan and disney. medical coders in their paj pajamas. that is all for "power lunch." >> have a good weekend. "street signs" begins now. ♪ welcome to "street signs." we are live here from the new york stock exchange where everyone here is definitely working for the weekend. stocks, as you can see, posting very solid games after stronger than expected jobs report. even though dow and s&p are up we are witnessing the second best day of 2014 for those indexes. i want to talk a little more about this. what is the feeling on the floor

of the ncse? >> the idea is we have low inflation and improving economy. that is what we used to call goldilocks. that is why the market is up so much right now. i want to show you a few sectors being influenced by the idea that the economy is improving. we are up 170 points in the transports right across the board. railroads, airlines, logistics guys. fed ex. everything is up 2% to 3%. there is an indication. we have modestly higher interest rates today. the banks are doing better. we haven't seen them outperform in a long time. 2% moves across the board in regionals. the retailers, it is a very unusual day when you get smaller names up. martha stewart up 7%. the economy is not getting better. maybe it is.

maybe we will see some wage improvement. that is a bit of a bet. you see the retail sector. etf down all month short selling here and now up on the day. three sectors that are clearly anticipating an improving economy. >> we will talk more about the retail sector later on in the show not just in the context of the jobs report but the fact that gasoline prices have been dropping and that is more money in everybody's pockets. let's dig further. steve leesman, what stood out to you the most in today's number? >> broad based i think was the best way to describe it. a couple of things. a strong september number, greater than estimates. also the strong revisions. you were plus 69,000 in the prior two months. the growth in jobs was broad based bringing retail into the story and construction spending. all sorts of areas were up. very few negatives if any. on the negative side there was

zero wage gains. that is important and the participation rate fell. more people dropping out of the workforce. big question about fed policy. the unemployment rate below the fed's forecast. here are a couple of comments. economists getting giddy. yeah baby does bank of tokyo. oxford saying the job market is alive and kicking. as for the fed i think zero inflation rate is probably the most important -- zero wage gains probably most important for them. let's bring in bill rogers from rutgers university and dan greenhouse. great of you to join us here at the stock exchange. i hate pandering to cliches and the amount of times i heard goldilocks today, let's turn that cliche on its head. is there a baby bear lurking inside the report anywhere? >> baby bear? i think if i understand you

correctly where you want to go with this i think the wage number is very, very problematic in that for me it is problematic because i don't focus on main street. >> absolutely. >> this is an example where it is great. this doesn't mean the fed is going to tighten anytime soon but another month where we are seeing consumption is very weak and driven by people's absence of wage growth. >> the absence of wage growth might be a bad thing if you are a consumer. isn't it a double edged sword? doesn't it keep the fed at bay further? >> from a stock market perspective, from an investor perspective this is a terrific report. you got really healthy job gains and reversal to what was seen as a weak report last month and all came with relatively speaking benign wage growth. taking a step back here the economy is doing well enough to

create 250,000 jobs this month but not with wage gains to take back the punch bowl. >> i will be on record, too. it is good for people on main street in terms of getting jobs and also we saw a tick up in the work week. so those are huge. income is equal to your wages times the hours you are working. i am very encouraged by this report. >> there was something that larry mcdonald puttous this morning. he was saying hold on for a second. we are not really creating jobs but replacing a lot of jobs. people are leaving the workforce and we are basically replacing them. what do you think about that? >> i don't understand what larry is talking about. that doesn't make sense to me. i would have to talk with him over drinks and figure it out. on net we created 250,000 jobs. people are leaving the workforce. no one is saying all is perfect in the world but 250,000 more jobs is more than 250,000 less

jobs and that is the overriding theme. >> i think my take on that is i go back to the economic story of joseph shumpater. he had a phrase called creative destruction. when growing in one area it is contracting in another area. one concern with the wage story is where we are expanding we are expanding in retail, leisure, these are great jobs but they are on average pay below wages while we are stagnating in manufacturing. >> i am going to ask you to pull out your crystal because. when do you think we will see wage gains of significance? with the unemployment rate you can assume the labor market is getting tighter at some point. >> with the caveat that nobody knows what significant means with respect to wage growth i think over the next 12 to 18 months it should tick higher.

you are running a 2% year over year rate right now. it is not some devastating rate of wage and broader inflation that will corrupt the economy. it is better than what we have now. >> i don't want to get pressed into a number but what i'm looking at will be to see once we see the part time for economic reasons people who want to work full time, we see that number get back to prerecession range then i think that will be a good bet there. the other thing we have the structural problem where we are creating low wage jobs cht that is going to be an anchor going forward. >> in terms of the fed does it move the needle in terms of expectations about where they start hiking rates? >> we are at june as a fair over/under. people arguing for march rate hike are probably wrong. >> i don't think they change much right now. >> i just wanted to quickly -- thank you very much. i am not going to let you go

just yet but we are seeing the highs of the day here for the dow up 107 points. we have been seeing incredible triple digit moves. it is incredible the way volatility is picking up recently. what is your take on the market? >> we have been having a lot of conversations with clients. our story is it ended yesterday. the buy is higher. we think you want to be exposed to parts of the market that suffered most. that is some cyclicals and some parts of energy. 4% is not much of a selloff. >> we can look at what a real correction looks like. >> for 2 1/2 years now 4% to 7% is all you get. >> all of the people perhaps suggesting that on the 19th of september when alibaba came out they thought this is the high. >> markets go tops not because companies go public. >> how many other instances were

tops? qe 3 was top. we have had 50 tops over the last five years and yet the market keeps moving higher. >> got it. tops are down. talking of tops we are currently at the top of the trading day so far wuns again for the dow. we have another triple digit move on our hands. thank you again for coming all the way down to the stock exchange. as part of our continuing series on where the jobs are let's look to the health care industry where medical coders are needed stat. mary thompson joins us with more on the people filling the roles from springfield, missouri. >> reporter: industry experts say a 20% to 30% shortage of medical coders expected to increase to 50% next year. if you have a thing for medicine and want to work in casual attire this might be the job for you. you need to have an analytical mind and need to be comfortable with and curious about medical

terminology. this is what a coder does. they translate a patient's records, diagnosis and treatments into codes used by insurance companies to pay health care providers. you need to be accredited which means taking 700 to 1,000 hours of course work in areas including physiology and pharmacology. once accredited you can work at your own pace from your own home. >> i get up, i get my kids off to school and i grab a cup of coffee and sit at my desk in my pajamas and code from home all day. >> reporter: jill tracy is transitioning to be a coder after 13 years as a radiation technologiest. he sees greater career upside planning to become a trainer eventually for her current employer trust hcs. trust hcs contracts coders to hospitals like this one and is on a hiring spree beefing up ahead of a federally mandated change. the number of codes used

globally will jump to 140,000 from the 17,000 used now. this means coders will be less productive so more are needed to keep up with paperwork. for experienced it means more training but that, too, is part of the job. >> you have to be very detail oriented and have to be able to adapt to change. the medical field is changing on a regular basis and you have to be able to go with the flow with that. >> now, coders can earn anywhere from $30,000 to $60,000 a year. because of the shortage the contract providers are increasing the salaries and companies including cox health are paying retention bonuses to experienced coders because they don't want them leaving this hospital. >> thank you very much for that. outside of the market the ebola outbreak does remain the top story today and the pressure on the airline from outside groups is rising. the head of the faa is making a

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worries are growing about the ebola virus spreading further. news that a freelance cameraman for nbc being diagnosed with the disease isn't helping things.

there has been a lot of important new developments in the past few hours. what have we heard, meg? >> reporter: fear is growing as the first u.s. patient was diagnosed with ebola. one example of that louisiana governor bobby jindal calling on president obama to shut down flights into the united states. the worst hit are liberia and guinea where there have been more than 7,400 cases and 3,400 deaths since this began. jindal is saying we should stop accepting flights to protect our people. the cdc saying that would be kointer productive because isolating countries would dissuede aid workers allowing outbreak putting the world more at risk. it is important to take into consideration. we are getting word nat u.s. is stepping up the response there saying it was planning to send

3,000 military personnel in to help. now hearing there could be 600 more additional troops going in. news here in dl on the first patient diagnosed treated here in isolation. health officials just gave a press briefing following about 100 contacts here in dallas and looking at 50 who they are closely monitoring and 10 of whom may be at higher risk. no one is sick now including four family members told to stay in their home until october 19, put under an order to stay in there. there is a haz-mat crew here to clean it out although there have been questions about why that took so long. that is what we know right now. currently the patient is in serious condition. >> a very quick question because there have been reports that there was a traveler that was admitted to a washington, d.c. hospital with ebola-like symptoms. what more do we know about this?

>> reporter: that's right. d.c. is telling us there are no confirmed cases of ebola in washington. we are getting a lot of reports of people going into hospitals with ebola-like symptoms who potentially travelled to the different countries. to put that into context cdc tells us yesterday it received 100 inkbirys from 34 different states. they have assessed each one and identified 15 of those where testing was warranted. another thing about that howard university case that you are mentioning or potential case is that patient had been in nigeria, one of the countries which had been affected but much smaller scale than other countries. they think they have it pretty well contained. >> we certainly hope so. always better to be safe than sorry, right? great reporting. air travel is a major concern. pressure is growing on the airlines to do more to protect us. can they? former continental airlines chairman and ceo and our very

own phil lebeau joins us now. gordon, she was saying the cdc says stopping flights would not help to prevent the spread. do you agree or disagree? >> the case that we have now came from a third country, nigeria. there is nothing to preclude someone from going to rome and then to here. >> do you think we should start stopping flights to and from the affected countries? >> i'm not sure that would cure it. that is going to happen because the airlines will stop because they can't get the crews to go. you have all of those human concerns. but which countries would the passenger originate from? you don't know where they are coming from. they may have been through rome or paris on their way to here. >> have you been hearing about what they are thinking on this subject?

>> reporter: i think they approach is listen to the cdc. they are the experts in terms of containing the spread of ebola. and at the same time they are looking at what their route structures are and what kind of exposure they have to this. governor jindal can say stop all flights into the u.s. from these countries. to my knowledge i know we don't have flights directly into the u.s. from liberia or guinea or i could be wrong about that. for the most part what the airlines are saying is we think we are following the right protocols based on the advice of the cdc. we will stay on that track until somebody says you need to do something more. >> gordon, let's take a different tactic. not what the airlines are doing but what passengers are doing. if you are someone who is maybe a little bit freaked out by the ebola situation whether overreaction or not. you don't know until all is said and done, do you think it will have a major impact on people stopping fire just out of fear?

you can catch this disease from bodily fluids like sweat. do you think people will stop flying? >> mandy, there are all kinds of reaction. some of the discretionary traffic will go away because they are afraid. some people are overly afraid. it is not going to be positive in any way. i'm not sure if it increases dramatically. you will see a dramatic decrease in travel. that's a fact. >> to that point, phil, i was looking at charts this morning and it was actually showing that buying airlines on a health scare has been quite profitable. after the 2003 sarrs scare airlines rose. after the avian flu scare the index rose 121%. what are people telling you about whether or not it is time to invest in the airline s now? >> they are handicapping the

issue. >> phil. >> you are in the industry speak your mind. >> i'm thinking you're handicapping the issue if you believe this is not a major issue this is a buy opportunity. it has affected the equities. if it is a major issue obviously they have it priced right. i don't know how you would call that. i wouldn't know how to arb arborterrize it. >> reporter: this ebola story is not the real story but the fact that jet fuel prices continue to fall and we could see estimates going up for the airlines. that is what investors are increasingly saying should i be selling or buying on this fear factor right now because i could be seeing a bounce in the fourth quarter. >> very good point. gordon thank you for your insight. phil, thank you, as well. the ebola vaccine makers are

on the move. let's get to kate rogers for a quick market flash. >> we are watching ebola stocks. first up tekmira working on an experimental therapy to treat the disease. biocryst up over 9%. climbing around 7%. >> thank you very much. gold is doing something it has not done since last new year's eve. the two stocks that wall street is devouring today. "street signs" will be right back. your customers, our financing. your aspirations, our analytics. your goals, our technology. introducing synchrony financial, bringing new meaning to the word partnership. banking. loyalty. analytics.

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let's get you up to date on what the markets are doing. we have a nice rally going on. 215 points to the positive for the dow. the high of the day is 217. we could well end at 217 or higher as we go towards the close. i should give you a nice stat here is that dow has not closed up by 200 points or more since march 4. i think it is percentage gain is what we are seeing today and that is the best percentage gain since march 4, as well. let's take a look at gold currently sitting below $1,200

an ounce for the first time since december 31. for the year gold is down about 2.5%. also investors are sinking teeth into two food stocks. you have coca-cola and hormelfoods in today's session and you can see on the screen lots of green. all 30 dow stocks are moving to the upside right now. a big pillow fight breaking out on wall street. we will be joined with the take on wayfair and see if he is throwing chairs around. christmas is looking better and better for the retailers. today's jobs report. we are right back here on "street signs." fewer choices i. know that proper allocation could help increase returns so you can enjoy that second home sooner. know the right financial planning can help you save for college and retirement.

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we have a rally on this friday afternoon. the dow is only slightly off its highs of the day and only about 2% off its record high. let's talk wayfair. the shares of the home retailer moving lower on the second day

of trade after soaring in the debut. herb greenberg joins us now. when you are a private company whether or not your competition flies under the radar investors aren't so concerned about you. should they be concerned about what it will do to the space now? >> when this was still a private company if you take a look at a company like williams sonoma when they guided down they started talking about the competitive landscape. what is the competition? you can look. typically investors in public companies want to say it is amazon or this guy. they often don't look to the private guy out there. if you look at wayfair, this is not a call on how successful wayfair will or will not be because that remains to be seen

from a profitability standpoint. the important numbers are five brands that a lot of people haven't heard of. $673 million last year, $469 million for the first half of this year on track to do close to a billion dollars this year. 2.1 million active users. those users and that revenue had to come from somewhere. so if you take a look at what they are doing, mandy, and you take a look at the brands they have like all modern is one of their brands. go to the website. it looks suspiciously like west elm which is a williams sonoma brand. their average ticket price is $200 which is kind of interesting because that gets to a lot of different potential competitors. it hits a lot of different

people. i think it is probably having impact that people haven't been considering. >> they have rock bottom prices. they are aggressive. they are so aggressive in their marketing. every single day i get a wayfair mail advertising nice outdoor furniture or indoor furniture. every day in my inbox they are going after us hard and fast. i want to ask you something you just said a moment ago. you said it remains to be seen about profitability. their revenue might be growing strongly but they are definitely not profitable. this company doesn't make any money. >> look at amazon.com. this is one of the points are they taking a page out of the amazon model. these guys got to make money. what we don't know are you going to buy a chair from there? they have a satisfaction guarantee return policy. you have to -- you can't sit in a chair some of us don't buy

something if we can't. they will take it back. this is still an emerging business, emerging company, smartly run company. we'll see. >> here is a question for you. bob raised this point yesterday we were sitting on an arm chair that wayfair put there. bob asked me would you buy an arm chair or bed online or would you want to go into the store and lie on it and see whether or not it is comfortable or not? would you buy furniture online? i mean something like a bed. you need a comfy bed. >> i apologize for gatsby because he saw something here. i would not. that's just me. i have a feeling our shot is about to be taken over here by a dog who is not on set right now. >> why is he barking? what have you done to him? did you kick him? >> the gardners have just

arrived early. ♪ who let the dogs out >> go give him a treat and a cuddle. we'll see you soon. let's move on. king dollar reining supreme hitting highest levels since june 2010. why does this all matter? a strong dollar makes things like oil and gold and gasoline all the bit cheaper. a lot of commodities are in bear market territory. let's talk numbers. great to see you again. boris, does the dollar keep going higher and how much? >> i think it does continue to go higher. it is stalling a little bit here because it really needs support from the bond market. the bonds are still not buying the recovery story. i think the reason why is because the only number not good was the wage growth number. the market is waiting for wages

to catch up with jobs. until that point the dollar rally will go in fits and starts. >> is that what the charts are suggesting, as well? >> actually, no. i don't believe it is fits and starts. i think we have a clear dollar breakout. very simple. we have a high from the last two years right around the $86 level. we should be clear for up to about 94. one point of contention i would take with boris is i don't think it is a bond/yield correlation story. dollar has a negative correlation with bond yields. that is not the story at all. we are seeing actually sense that june 2010 high that mandy mentioned dollar yen has broken out where euro has not yet broken out. this has been a yen selling story accompanying higher stocks. the yen carry trade is put on. we have massive trade

differentials between u.s. and europe. >> interestingly enough i kind of agree with todd's overall thesis but disagree with the details. i think that the dollar-yen story is the weakest part right now. the 110 level on dollar-yen was hard to penetrate. what has been the story is the anti-euro, anti-pound story. the u.s. is outgrowing everybody else so capital is flowing to the dollar. >> absolutely. it is a matter of time. as we are talking numbers right now. speaking about the numbers dollar yen has broken through the two-year high. the ecb is just trying to weaken the currency up. that dollar yen is supporting equities higher. and that correlation will come back and bond yields will rejoin. >> would you agree with me that it is when dollar-yen takes out 110 with significance that you

feel confidentable that the rally starts to get going? >> i will give you that, absolutely. >> got to leave it there. isn't it a sad irony that we are vastly outgrowing the rest oflt world, it is just that everybody else is doing so badly. >> it is the race to the bottom in some ways, yes. we can check out the online edition of talking numbers in partnership with yahoo finance. a lot of today's billionaires are self made. how do you quantify that? robert frank is about to show us a new rating system. after everything the poor man did for housing irony is coming back to bite ben bernanke. wait until you hear what he can't get right now. [ male announcer ] your love for trading never stops. so open an account with schwab. and when a market move affects, say, a cloud computing stock you're holding, we can help you decide what to do.

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it could be a dark side to today's strong jobs number and its impact is on housing. what is the dark side? >> the economy is improving. that is great on the one hand for housing but not great for mortgage rates. rates have hovered in this very

narrow range dropping a bit on wednesday when investors pull out of stocks today after the big bump in jobs and a return to the market they are rising again. only slightly. at any other time in history this jobs report would have caused rates to positively spike. there has been this disconnect in the bond market of late. rates have stayed very low. that is because the u.s. bond market has become something of a safe haven for international investors. even though the fed is pulling it out investors are making up for it. that does not mean rates won't move eventually if mortgage applications started to increase and there is no major drama rates could start to pull higher. those are two very big ifs. >> while i have you we have to talk about ben bernanke getting turned down for a refi. >> we don't want to say he was refi. he said he was unsuccessful at a

conference in chicago yesterday. i spoke to mark and he told me bernanke was trying to make the point that lending was too tight. it is entirely possible that he could be turned down for a refi. >> he was between jobs, right? from a salary job to one where it might be more sporadic. it might be a higher income overall but if you are getting paid for big speeches and getting paid for that and books and whatever it is more sporadic. the bankers have to dot the is and cross the ts. rules are rules. >> the one where it is automated. all of the mortgage under writing system is automated. you put the numbers in and see how they fall. he may be making millions of dollars and he switched jobs and may not have wanted to state all of his income. he is a private guy. he may not have wanted to say how much he got for the book deal or per speech.

appraisals have been tanking deals, home sales. i, myself, was the victim of a bad appraisal. i wrote about it. i feel your pain. this can really tank a deal if the appraiser doesn't come in with the right price on the house. there are any number of reasons that he could have been unsuccessful in getting the refi. you can always try again. >> good luck to you, ben bernanke. many other people have tried again. you will be successful, i'm sure. >> thanks a lot. just how self made are america's super rich? our wealth guru in on that. you have a special way of monitoring that. >> we hear this all the time somebody is self made but there are degrees of being self made. bill gates and mark zuckerburg are called self made but grew up in pretty afffluent families. forbes created a self-made

score. a 10 means you started in the gutter and made it. five actually have scores of 5 or less meaning they inherited much or all their wealth. the walton's two get a 1 and 1 gets a 4. among the most is larry ellisson. he gets a nine. donald trump is half self made. the most self made on that list we have oprah who grew up on her grandma's farm in mississippi. harold ham is a ten from a family of sharecroppers in oklahoma. sheldon addleson. as for the two richest men in america they are eights. both came from nice families,

good education. they didn't have the huge obstacles that the others have. >> not sleeping on the floor. >> we looked at the entirety of the billionaires in america what percentage would be inherited? >> about two-thirds, a little over 66% are self made. if you look back to 1984 about half of the american billionaires at that time were inherited. over the course of time we have become a -- >> i think i will be a billionaire. gas prices and oil prices are down. retail hiring is way up and 5.9% unemployment rate. does this mean santa claus is coming to the mall again? we have the complete report just ahead.

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we have big news on yahoo. let's get straight to kate rogers. >> dow jones is reporting that yahoo is nearing investment in snap chat that values the chart up at near $10 billion. not clear how much yahoo plans to invest. >> we will keep an eye on that. kate rogers. wti crude falling below $90 for the first time since april 2013 and down about 16% since its year high back in june. energy is now the only s&p sector that is officially in correction territory. let's get to bertha coombs. >> this is the week where everything kind of fell out of bed here and didn't stop today.

wti closing settling for the first time in 18 months or so. brent is where you are seeing the pain. brent very much in correction territory. $92 the official price but we are just about there in terms of the decline from the highs last this supply glut that people are seeing in the face of weak demand with weakness in europe and even here we're not seeing as big of a pick-up in demand and seeing a huge decline in brent because the saudis this week rather than announcing to cut production did not. they cut their prices and that has people more concerned about op opec. analysts are saying watch brent at $90 moving forward here because that's where the pain is really going to hit for opec and then likely need to call for an emergency meeting to cut production. that's bleeding into the decline in gasoline futures. worst performer this year and in bear market territory from the highs we saw last june.

the upside, the good side of that, we are seeing prices below $3 a gallon in some 26 states in cities like toms river, new jersey, we're down to like $2.95 and lower. >> let's hope so. viewers, if you are out there and below $3, you know, for a gallon of gas, take a picture. tweet us. we want to hear about it. and, you know, spread the good news. thank you very much, bertha. well, let's move on because don't look now but there are 82 days shopping left until christmas. retailers could be in store for a huge holiday bonus with the gas prices down. hiring is up and, of course, this morning we learned that the unemployment rate is under 6%. let's bring in contributor jan niffon and courtney reagan. great to see you guys. jan, first time on the nyse in 1978 when i was a fee baron as

they say in scotland. >> you stole my line. 82 shopping days until christmas. we are there in the season for all practical purposes. >> is it a good one with the lower gas prices? >> as an old retailer, i think it is a good one. better holiday calendar, better weather. people working at a higher rate than before. we have little bit of pressure on unsupervised real wages, not a lot but some and gas nationwide that's $30 billion a quarter into the pocket of the consumer meaning into the pocket of the retailer. >> although i have to push back a little bit, jan. if you look at the data of aaa 60% of the days so far this year, gas prices below where they were last year and for the last 80 consecutive days lower and so we haven't seen a blockbuster back to school season. better than maybe some expected and not awesome.

i don't think you can hang everything on that. >> i said the best back to -- best christmas for apparel in the last five years. >> okay. >> back to school was pretty good. >> pretty good. not blockbuster. >> finished strong. not as strong as it was but solid. >> how much of is due to lower gas prices or jobs created in this country? >> due to everything. i think we are seeing a gradually improving economy. we're seeing lower energy costs. and we are seeing a little better wages and better employment. >> i don't know. it's kind of flat. wages aren't growing looking at the numbers of this morning. >> nonsupervised real wages just slightly. just slightly when more people are working and i worry about a low participation rate and people participating are the people that spend and they have shown propensity to use credit

again. think it's a difference. people use the credit card. when they use the credit card, it is a good kris ms. >> pull out the plastic w. the breaches, i don't know. veering toward cash. unfortunately, we have to leave it there. love to keep on talking, we have run out of time because we have a new development in the ebola story. i want to get back to dallas with what's happening. meg? >> reporter: hey, mandy. news on that, nbc news cameraman who was diagnosed in liberia with ebola and evacuated become here to the united states for care, we have learned that the nebraska medical center is receiving him expected on monday morning to provide care. that's the same hospital that treated dr. rick sacra for three weeks before being discharged september 25th and the nbc news cameraman back to the united states for treatment at the nebraska medical center which has experience in this. mandy? >> we certainly wish him the best of luck. thank you so much for that, mek. we'll stay on the story to the

close. we're also looking at a very big finish to a very wild week on the markets, headed into the home stretch for the trading, next. $21. could something that small make an impact on something as big as your retirement? i don't think so. well if you start putting that towards your retirement every week and let it grow over time, for twenty to thirty years, that retirement challenge might not seem so big after all. ♪

welcome back, everybody. i think you know people think it's "closing bell" but it's still "street signs." let's move over here to bob and talk about the markets. off the highs of the day. >> close enough. >> 300 on the dow.

i'll take it. >> let's not quibble. >> good news is good news again. >> that's the key point because we have low inflation, gradually improving economy and earnings. i think well see companies with strong u.s.-based presence with very positive commentary. already i see a fewer downward revisions than we saw. but i think that companies that have significant exposure to europe have negative comments. remember, s&p 500, 40% of the revenues outside the united states. good part of that is europe. so i think we are going to get a little bit of head wind from what's going on in europe and tail winds of the u.s. >> guidance of them critical because the strong dollar's not going to help their case over there. >> absolutely. >> a little bit of difficulty exporting things with a strong dollar right now but by and large i think we will see -- estimates of 9% to 10% earnings growth in this quarter. we saw 10% in the second quarter. we're at new highs on those numbers here.

now wouldn't it be amazing to see big hef you growth. 5% or 6% revenue growth in technology, for example. 7% or 8% in health care. the numbers might creep up a little bit. i'm hopeful. we know we have been cost cutting for years and getting some of these earnings growth we have been seeing. now let's see top line growth. going to be very interesting in a few weeks. >> going into next week, though, a little bit more shorter term thinking here and so much to contend with over the course of this week and seen it in the triple digit moves in the dow, up or down. you know, ebola, hong kong. you know? jobs. everything is thrown at us. what do we see next week? >> remarkable that three weeks ago we had no idea about ebola outbreak. i was on the periphery or hong kong and dumped on the market out of nowhere. >> like swan event ice no unknowns to coin donald rumsfeld's phrase and ebola and handled it well. i don't know how they model this

whole thing and having hopes to keep that contained but still very, very much uncertainty about this. >> a press briefing from the white house at 3:30 eastern time and we'll moderate that. we'll monitor that and see what comes out of that. it's now moved to 4:30 eastern time and monitoring that at any rate because it is a very important situation. >> everybody, thank you very much for watching "street signs." bob, see you in a second. here's the seamless throw over. >> this is seamless in television jargon. continuing coverage of the snapback rallies now and welcome you to "closing bell." mandy is staying here with us. kelly evans will be back on monday. let's run down the markets just joining us to see how things are doing in the final hour of trade just off the highs with the dow up 210 points now at -- back above 17,000. it is the leader of the back today with