not that sell on the headline. selling about 75 points. could have been so much worse. [closing bell ringing] liz: we hear bells ringing on wall street. want to recap there are streets blocked on upper west side of new york city after a doctor was removed from his apartment. he had self-quarantined, believing he may, he may have the ebola virus. he is now at bellevue. look at this rally. holding on. it started early this morning when names like caterpillar came out with solid earnings along with the airlines. dow jones industrials holding on to gains of 213 points. nasdaq up 69. the high of the session for nasdaq was up 93. see a little bit of erosion. the s&p seeing solid moves, up 23 points. the russell, nice gain of 1 and 3/4%. nice moves. stay with us. after the bell, begins right now.

david: let's get right to today's market action with late-breaking details. matthew tuttle says there is more volatility ahead, in light of headlines such as one we just received. matt loughridge of westwood holds group why is now the time to buy and what companies you should be looking at. dan stesich from the cme. talk about the ebola headlines. what is extraordinary, and i think shows that the market is strength aning is any other boo week preceding this one, i would think we may be into negative territory. we're still holding 200 point gains on the dow. that is healthy signal for the market, is it not? >> absolutely right. two weeks ago this thing would have dropped like a bell. market come off like a little bit, but not significantly. what this tells me the fundamentals are driving this market and that is what should

be driving this market. we came into earnings season two weeks ago, it has been good, better than expected. guidance is better than expected. there were worries about guidance downgraded because of fundamentals. that hasn't happened. we have a lot coming out next week. i think it will flow in the right direction. doesn't meep thedown moves are over. we might have some more. i think in the long view we're in good shape. liz: matthew, you have been carb because because -- cause schuss because you feel like, how do you feel with the doctor at bellview rushed to the hospital with ebola symptoms? what about the central banks making statements willy-nilly deciding what to do that move the markets. >> really everything, central banks -- ebola in the mix certainly can't help things.

you see, kind of -- liz: let's go to amazon. so sorry to interrupt. cheryl has the numbers, the stock is moving lower. cheryl. >> the stock is now, liz, down more than 7%. sampson coming out with very disappointing numbers. losses at the company. earnings per share estimate was a loss of 74. they came in at 95. and the revenue was a disappointment as well. supposed to make 20.84 billion in revenue. only came in at 20.58. a few things happening with the stock, stock down 7.1% right now. it is forecast, all about the forecast right now. amazon is saying that whether international or it is north american net sales, net sales a little better for this quarter. but the forecast, are just crossing numbers right now. i will dig more into it. a disappointing number on amazon and we're going, right now still waiting to see what they're doing with kindle fire and new devices on the phone. send it back to you. david: that is precisely the area that were most bothering a lot of investtores, checking

into amazon, is the fact that they couldn't really sell these new devices that they had. dan stesich, when you look at the drop after-hours, do you think that there is any way that amazon investors, sooner rather than later showing some kind of a profit if. >> somewhere along the line they will address the issue and get it out there. one thing really disappointing, the market gets disappointed about is misses. they hit them hard. watch the stock. i think they get over it. they will have to readjust what they're looking at what their approach is going to be because it hasn't been working. if they come up with a decent solution then maybe the stock can get a little value back. liz: matt, i do have to continue on the amazon issue because as you see the loss per share of 95 cents, one year ago that was loss was just nine cents. this is a company where perhaps investors are losing patience. how do you advise an investor who loves the business model, loves what the company's doing

but doesn't quite know what to do whether to buy the stock? >> sure. no, i think that's a great question and it brings up an important point that investors are continuing to focus on fundamentals. what you've seen over last few years is very strong equity market but -- david: matt, forgive me for interrupting. we have late-break details exactly why we're seeing a plunge in share price of amazon in after-hours. cheryl, go ahead. >> i'm looking at amazon i really quick want to bring microsoft that is just crossing. i want to bring you the numbers. getting more details on microsoft. they beat on the estimate. 49 cents was estimate. 54 cents is actual. actual was 23.2 billion. i'm sure, david, wanted to see how the surface was doing. looks like revenue coming from the surface in the third quarter came in $908 million, versus 400 million a year ago. that is actually a good thing for surface for the company as well. want to see more headlines

crossing about the cloud and everythings. restructuring expenses, here we go, 1.14 colorado billion, cost them for integration and construction. ceo satya nadella, announcing very dramatic restructuring company. liz and dave, you covered that as well. that was a big chunk of change in the quarter for this company as they try to get lean and mean and take fight against apple, even google, at the next level. i'm digging into that and go back to amazon. liz: i make this comment about the surface. it continues to surprise when it come to revenue. people try to talk this thing down, dan, but it is making money somehow. listen, margins are perhaps better on that than the xbox itself but the at reason you don't see microsoft skyrocketing because the costs of restructure having tamped down what could be a very good number but the stock has done very well over the past year. >> okay, you know what? we were talking about amazon

earlier missing and then coming through. they did the restructuring they needed to do. the costs were pretty high but now that they have got that under crow, going forward this should be very helpful to them. and that probably will again propel the stock maybe a little higher. david: we got full analysis of both microsoft and amazon coming up with expert analysts who focus in on these stocks. matthew tut till, i want to put back a little bit. you're not fully invested now as i understand it and you're waiting for something to happen in december. do you think we'll have more rumblings, more downturns before a december rally? >> i do. typically, when you have a selloff like we had earlier in the month you don't rally off that in a straight line. i think we'll see a lot of volatility. i wouldn't be surprised to see retest of that 1860 or so level on s&p 500. david: why is december going to change things? what do you see coming in december that you won't see in november? >> i think once we kind of test and retest some of those lows,

then we kind of get back to the whole idea that the central banks will bail us out of any problem. you start getting into real strong seasonal issues. you get into a year where money managers have ridiculously underperformed their indexes, everybody is going to be playing catch-up. i think you could see, you know, december, especially towards the end of the year be one of those kind of go in two feet types of times in the market. liz: matt, then what would you be buying right now? we had a whole bunch of earnings that have come out and some still to come? but you have pretty interesting names, pepsi, advanced auto parts which got through with a really big acquisition, time warner twx. talk about what the common threat is here that run through all the names you really like? >> sure. the common thread is solid fundamentals. when you look at company like pepsi, as we look out, roughly 2/3 of their growth will come from their snack business and if you look at it on a geographic

basis, roughly two thirds of their growth is coming from emerging markets. there will be a natural mix shift and benefit to earnings from that growth which we think is still underappreciated by the street. david: let me push back on pepsi for a second now. you say, you're interested in avoiding companies with international exposure that could be hit because of a strong dollar, because of other things happening, slowdown in europe and china. pepsi has a lot of exposure oversees. you -- overseas. you have to think like brands of coca-cola and mcdonald's, getting hit, sort of old food models which pepsi is, right? >> you bring up a great point and we think there is a real change going on in the market. over the last few years you had a rising tide lifted all boats and there has been roughly 2/3 of the move in s&p has been driven by multiple expansion but going forward we think it is good old-fashioned earnings growth will drive stock prices going forward. you need to be selective as an investor and pepsi based on the

factors i listed earlier we still think is good idea going forward. liz: dan, we want to go back to you, microsoft is moving higher in the bid by just under $2. this is widely-held stock, a lot of big institutions have it. good sign here for a name that is suddenly started to look like an old fogy. >> certainly did look like an old fogy. it has been off my radar until we started having this move. the then is, they talked about ibm like this too, will they reinvent themselves? will they do things that get them back on the growth path? microsoft has. they're rook rewarded because they did the right thing. liz: exactly. we want to mention amazon fall 7%. david: oh, boy, matthew, dan, loughridge, dan stesich, thank you guys. we have another ebola scare, the reason this number is so extraordinary, to be up 216 points of a ebola scare from a

doctor in new york has symptoms much ebola being checked out at bellevue hospital, the market maintained. not at the day's highs. went high as 300 in the day. pulled down to 216 which is still a hefty gain. latest on possible ebola case in new york city coming up. liz: microsoft, don't count out its surface. it came in with pretty decent revenues here. don't shed it right now. should you buy more or should you just hold on and decide when to sell? break down in the numbers, should you buy, should you sell? these are always the most important questions. david: and amazon is down now about 7% in light of very disappointing figures. once again reporting a loss. we knew that was coming. we didn't know it would be as bad as it is. will investors finally enough is enough on amazon? liz: plus three sectors led today's declines, and i'm sorry, three sectors led decline couple weeks ago but now are leading

the recovery back into bull market territory. what are they and how do you play them? stay tuned we're coming right back plus more breaking news. ♪ (receptionist) gunderman group.

gunderman group is growing. getting in a groove. growth is gratifying. goal is to grow. gotta get greater growth. i just talked to ups. they got expert advise, special discounts, new technologies. like smart pick ups. they'll only show up when you print a label and it's automatic. we save time and money. time? money? time and money. awesome. awesome! awesome! awesome! awesome!

(all) awesome! i love logistics. liz: amazon shares are you will fag in after-hours trade following the quarterly results. >> nicole petallides we knew it would be a loss but not thisbig. >> this is downside in after-hours this, is big move. take a look, loss her fair.

loss of 95 cents. estimate of loss was 74 cents. loss was greater than expected. numbers, earns per share revenue. revenue is 20 1/2, 20.58 billion. the revenues were 20.84 billion. it was actually a loss for the quarter. closing value, 313 and change. bid-ask, price is in the 286, 27 range. operates loss was 544 million. the holiday forecast is very weak here. holiday quarter looking forward, the these sales projections are missing analyst estimates. shares are down about 7%. they are going to be offering lightning deals. we've seen lightning deals before from amazon for the holiday season. these are not what people wanted to hear. they didn't want to forecast going into the holiday season so weak. this forecast is hitting amazon.

back to you. david: now it is down about 8 1/2% after-hours. liz: the tricks are not working. david: no. liz: like they used to. a doctor treating ebola patients in guinea who couple back to new york city has now been checked into a hospital called bellevue. david: we still don't know the condition of this patient, whether or not he has ebola. with us now is dr. david samadi, lennox hill hospital chairman of urology. always a pleasure to talk to you, doctor. >> thank you, david. david: what makes people most nervous all the miscues that happened in texas in the first hospital mr. duncan was in. at first they sent him back home when he actually had, not completely full-blown symptoms but almost. have hospitals learned from the mistake in hospital in texas? >> yes. so one of the critics from cdc we have been talking about is, when they made the statement that every hospital in america is able to take care of ebola patients, we soon realized that is not the case. we learned a lot from the case

in dallas and bellevue hospital in new york city is one of the designated spots to take care of patients with adebolajo. debola this is high-risk patient it was exposed to patients in guinea. from what i understand he has fever of 103. 10 days since he has entered. that is around the time, between eight to 10 days when you would see the symptoms. and course once you have symptoms of ebola that is when you're extremely contagious. liz: doctor, he has nausea as well, that would be a symptom. there are questions those are similar symptoms to things like malaria. we know that is prevalent in guinea as well, this doctor, craig spencer, 33 years old, a member of doctors without borders, there treating ebola patients specifically. we want to let our viewers know catching up with us, they have shut down a street in new york city, 146, 147th, we're unclear on that, but upper

west side considered to be lower harlem. fdny came in with hazmat suits, because the doctor self-quarantined when he realized hey, i'm coming down with this fever. very concerned about that. he is at bellevue, considered one of the best. you are at lennox hill, how prepared is your hospital also considered one of the most ready for this kind of situation? >> we've been preparing ourself for the last week or go as a result of all mistakes that happened. the hospitals are all gearing up in anticipation of a patient coming in. liz: yet they didn't take him to columbia which is closest. i believe he works at columbia medical? >> that is because of what we've been saying there should be one center who is dedicated to for ebola and bellevue is a designated area at this point. now, this is he ebola, ebola, until proven otherwise. when you have a travel from guinea, exposed to those patients, fever 103, abdominal pain, nausea, all ebola and we

have to rule that out. you can't be thinking about malaria and get distracted. once it is ruled out and in the next 12 hours we will be able to get the test, then we go after all this other stuff which is not as critical. the other thing i think should happen is if it is truly ebola, there are four biocontainment centers in the country. they probably, the best thing is to transfer hip to one of those bio containments which are even more sophisticated than what we have in bellview. david: doctor, i don't need to tell you, i don't think i need to tell the audience that new york is a crowd place. this guy has been walking around the streets of new york presumably for a while. he did self-contaminate -- self-quarantined himself as soon as he realized he was very sick and realized came back from an area where there was ebola but how many other people he has been in contact with should we be watching right now? because it could be hundreds if not thousands? >> that is a mystery. we have to backtrack number one

starting from his apartment. find out who lives there in that whole building. start tracking back and find out where he has been, who has been exposed to. i also wanted to tell you that, this past, two, three days, is very critical. that is when he probably started to have fever and symptoms. before that, probably first few days are not at critical, even though you can never be sure. as you know patients become contagious when there are symptoms. when he started having the fever, abdominal pain, that is when he self-quarantined himself. but look, this is the problem that we are dealing with. i've been one of the big advocates of stopping to take care of ebola over there sending our people or international staff to take care of this. now you have to really start looking and it could be hundreds of people exposed to this. david: by the way, is this going to increase calls for travel ban from africa? >> that's, that's, look, it always sound cruel when you say, like, close a borders but when

you deal with a virus, david, 70 to 90% fatality, no vaccine, no treatment and you bring one patient, by the way i commend him for going there to try to help out the world. liz: of course. >> doctors without borders are one of the best group of people helping everybody, when you bring one person like this in a city like new york city, now you have potential to contaminate a lot of people and that is quite dangerous. i think sooner we isolate him, and getting him to one of these bio containments really sophisticated with infectious disease people on board, he would have the best chance. liz: dr. david samadi, thank you very much. >> thank you for having me. liz: 147th street between amsterdam and broadway has been shut down. that is where dr. craig spencer's apartment is at the moment. he is now in bellevue. we're 11 hours away fining out what the ebola test on his blood will be. we're looking at microsoft and amazon out with earnings.

microsoft was a beat and beat. amazon a miss, a little bit of a problem here. we'll talk about both of these powerhouse stocks and whether you should be in or out. >> amazon is down 10%. story on ebola events are breaking rapidly here in new york city, where the center of the action. it is uptown. he is going downtown. he will be passing right by us. coming up latest on ebola in new york, the possibility of. we'll keep you up-to-date. ♪ go ahead and put your bag right here. have a nice flight! traveling can feel like one big mystery.

you're never quite sure what is coming your way. but when you've got an entire company who knows that the most on-time flights are nothing if we can't get your things there too. it's no wonder more people choose delta than any other airline. my motheit's delicious. toffee in the world. so now we've turned her toffee into a business. my goal was to take an idea and make it happen. i'm janet long and i formed my toffee company through legalzoom. i never really thought i would make money doing what i love. we created legalzoom to help people start their business and launch their dreams. go to legalzoom.com today and make your business dream a reality.

at legalzoom.com we put the law on your side. i research. i dig. and dig some (trader more. search. because, for me, the challenge of the search... is almost as exciting as the thrill of the find. (announcer) at scottrade, we share your passion for trading. that's why we rebuilt scottrade elite from the ground up - including a proprietary momentum indicator that makes researching sectors and industries even easier. because at scottrade, our passion is to power yours. {door unlocking} hey, what's up? (door closing) how's it going? what are you doing? i can't believe you're watching this without me.

we agreed we'd catch up on everything tonight. if i did this to you, you'd murder me in my sleep. you know what? just watch it by yourself. (sighs) i can't not know when i know that you know. the latest episodes of the top 100 shows are preloaded and ready to watch with xfinity on demand. liz: tech giant microsoft just reported earnings moments ago. let's go to jay of grist sham

securities to dig more deeply into the numbers. it's a beat and a meet. if you take out trouble of having acquired nokia's mobile phone business, right, jay, you would have a very nice earnings report? >> even with the, hi, liz, by the way. they had a beat across the board. their total revenues at 23.2 billion, a billion seven above our expectations. earnings beat, doing quick calculations, looks like four of their business segments out of the six beat our expectations. the other two are in line or a little bit light but not materially some turns out the phone business was better than we thought. the surface revenues, the tablet, was more than double what we had thought. the cloud revenues were up almost 1%. versus our -- 130%. versus our 90%. liz: let me stop you on the cloud. cloud matters to microsoft.

they just showed they're in this great many game. look at that revenue. see how well they have done with this what do you expect in future quarters from the cloud business? >> clearly we'll have to rethink those numbers because they did beat us by a good margin. liz: yeah. >> they're clearly well over $4 billion annual pace. some might argue that is still only a small percentage of total revenue but for a nominally mature company this kind of incremental growth is significant and looks like they're going to be increasing their margins on this business. they're investing a lot in it, looks to us, quick take, margins are improving in the business. liz: jay, windows is the gift that most often keeps on giving for microsoft. how do you see that business right now? >> well, as we know from the reports from intel and the industry research firms over the last few weeks, the pc business

did reasonably well or not terribly. that has been the story of the year-to-date. i think they have an opportunity here to, reinvigorate that business or improve it both with new devices that they can install windows on and, next year of course we get windows 10 i think from a business model and new technology point of view is very opportune and we like the architectural approach they're taking with that. liz: do you hear anymore chatter about microsoft spinning off the xbox business? margins are a little thin there but also pretty interesting business for microsoft? >> as you know it comes up quite often. liz: yeah. >> but on the other hand, they so far have said it is, it is not really on the table right now. that is what they're intending to do. i understand why the issue comes up but, it does seem as though -- liz: do you like the sales numbers, 2 . 4000000 for xbox consoles? >> that beats our number. turns

out that the beat here was in multiple parts of the hoard bear business and the -- hardware business and cloud and software business. we've been proponent of the name the last 2 1/2 years. we continue to do so and like a lot of element what they're showing. liz: the headline from our conversation these numbers overall are good. >> that's correct. we like it for quite some time. we still think there are up side here. liz: good to talk to you, jay, thank you so much. >> thank you, liz. liz: the griffin securities manager director. david? david: we have different headlines. couldn't be more different for amazon. amazon is dropping 10 1/2% after-hours. we put up the figures. we knew we would have a loss in earnings per share. it was supposed to be 74 cents. turned out to be 95 cents. huge losses for amazon. and again the investors

after-hours slamming that stock. we bring in debra from stansbury research. i have to ask you, debra, i know you don't tick particularly like am of amazon but did you think it would be this bad? >> it was breathtaking. when i saw the number i was shocked. from investor reaction, everyone said we're patient, we've been waiting. we were hoping you guys would give us something we could hold on to. this was just awful. it was halloween early. it was scary. david: the incredible thing, debra, this is always the case for amazon but it has never been this clear before, their sales numbers are through the roof. they had a 20% increase in sales but yet they have absolute abject failure getting any profit out of that. >> here is the thing though, if you look at their growth numbers, their growth numb are slowing to 4% year-over-year.

this is definitely not what we want to see. you know they always lead off with oh, our sales were so much better, our sales were up. they try to tell you all that up front so you try to overlook the fact they lost over half a billion dollars and have to not drink the koolaid. david: the operating margin is getting worse. operating revenue by operating expenses was just about break even. it is slipping, is it not. >> here's the thing. they have not turned a profit since 2011? david: right. >> people have been very patient and patient in believing. everybody is tired of waiting. i can see alibaba is able to do this business and make some profits. david: debra -- >> clearly someone else can do it. david: you brought me exactly where i wanted to bring you. alibaba has started an aggressive campaign to eat into the market share of amazon. who is going to win in that

face-off? >> i think alibaba is going to win. now, listen, alibaba has pretty much a monopoly in their country so they're not a lot of options whereas in our country we have a lot of options, a lot of places to choose to buy online, but, they are a juggernaut. i think amazon has not had anyone going after them like they will have go after them now with alibaba. if i were an investor i would be looking at baba instead. david: listen, folks, i do not want to talk down the stock. i think jeff bezos is one of the smartest entrepreneurs in the world. he is is an amazing entrepeneur. they have come out with some great products but not all of them are successful. you have got to face reality as investors are now, pushing that stock down 11% after-hours. debra, stance berry research analyst, thanks very much, debra. liz: thank you, david.

we're finding out information about 34-year-old doctor craig spencer got back fromuinea. after treating ebola patients 10 days later in the apartment came down with 103 fever and nausea. he has been rushed to bellevue, full hazmat suits, full protective gear. he has been tested for ebola but they have closed down some streets around that area of his apartment. there is more word as we go to a break, he was out and about as recently as yesterday. stay tuned. they challenge us.

they take us to worlds full of heroes and titans. for respawn, building the best teractive entertainment begins with the cloud. this is "titanfall," the first multi-player game built and run on microsoft azure. empowering gamers around the world to interact in ways they never thought possible. this cloud turns data into excitement. this is the microsoft cloud. many americans who have prescriptions fail to stay on them. that's why we created programs which encourage people to take their medications regularly. so join us as we raise a glass to everyone who remembered today. bottoms up, america. see you tomorrow. same time. another innovation from cvs health. because health is everything.

can you start tomorrow? yes sir. alright. let's share the news tomorrow. today we failrly busy. tomorrow we're booked solid. we close on the house tomorrow. i want one of these opened up. because tomorow we go live... it's a day full of promise. and often, that day arrives by train. big day today? even bigger one tomorrow. when csx trains move forward, so does the rest of the economy. csx. how tomorrow moves.

the all-new mercedes-benz gla took nearly 600lbs of high- strength steel. setting industry-leading safety standards took 20,800 crash simulations. and perfecting its engine took over 1.1 million miles of extreme driving. but, this may be the most impressive number of all. introducing the all-new mercedes-benz gla. mercedes-benz. the best or nothing.

liz: time for a look at today's market drivers. u.s. stocks surging with the dow rallying more than 200 points as strong corporate earnings helped the market gain momentum. number of americans filing for first time unemployment benefits while rising 17,000 to 283,000, still marks the sixth straight week that claims remained below 300,000, a very good number here. gold drops to the lowest level in two weeks as economic concerns has the precious metal falling $11.10 to $1234.40 a troy ounce. david. david: this is the news of the hour. a doctor treating ebola patients in guinea has been checked into a hospital in new york city after showing signs that he himself may have ebola. liz: joining us on the phone is dr. joseph mccormick,

infectious disease specialist of the university of texas. doctor, welcome, thank you for getting on the phone because there are many concerns at the moment. we have some streets blocked off in new york city around the upper west side because that's his apartment was. he was exhibiting 103-degree fever and some nausea as well and he was apparently out and about up until yesterday, traversing the city, report he had i taking uber cars to different places and the question becomes how serious we take it that he might have spread it to people within that 24-hour period where he started to have a fever and some nausea? >> well, if they didn't come in contact with any of his bodily fluid then he is not going to infect anybody. and you know i think we should have learned that from the family of mr. duncan. they were in very close contact and did not get infected. it sound like this, and i don't have all the, all the detailed information but it sound like if

he was out driving around in a car, then he wasn't that sick. and, he certainly would not have been exhibiting the kind of symptoms that would spread the virus. david: we should mention, doctor, just for our audience, you were involved in the investigation of the first, really the first documented outbreak of ebola back in 1976. most of those outbreaks have taken place in the third world where people do not have the kind of protection that we offer in a major city like new york. and yet we saw in texas, mistakes can be made and it can be passed on but we didn't see an outbreak here. is there any chance we could see an outbreak in new york if this guy does have ebola? >> the only chance, you will not see an outbreak. the chances are small but possible you may see somebody who is with very close contact with him. if he has got family, whomever, that you know, that may be at risk but otherwise you're not

going to see transmission. and again i base this on what we saw of mr. duncan and what we've seen with countless other situations like this. so, and the thing about it is, if he is in, with a fever of 103 today and feeling nauseated, then, he would not have, he was certainly not like that yesterday because he wouldn't have been out driving around new york city much and so, in that circumstance, he is not going to spread virus. closing off the streets and that sort of thing doesn't make any sense to me anyway. liz: he has been tested for the ebola virus over at bellevue. that was about an hour 1/2 ago we got that news from the health commissioner of new york city. takes about 12 hours to get the results of this test but in the meantime, you believe that it is overkill that they're closing down streets in new york city but is there anything we learned from this at the moment? bellevue is the place where they

are expected to all go at the moment, at least here in new york city? >> exactly and i know that there was an interview with the, with the coordinator of the response program in new york city about a week ago and they're absolutely prepared for this. so i don't think you're going to see the kind of issues at all that were seen in dallas in terms of his actual care. just remember the only people who got infected in dallas and that was because of poor protocols, were the two nurses. so i'm persuaded you're not going to see that sort of problem again. i think that lesson has been learned. i think only question will be his very close contacts with anybody contact -- we don't even know if he even has, we don't even know whether he has really exhibited any kind of symptoms that would even be at risk for spreading disease. in other words he hasn't vomited or have diarrhea.

people have been in contact, close contact with him with body fluids he will not transmit the virus. david: understood. we have to leave that. dr. joseph mccormick, very kind. about to get on a plane. he by the way wrote book on the subject, level four virus hunters of cdc which he coauthored with his wife who is also a physician. >> my pleasure. >> the dow was up 200 points. at one point we were up 300. our next guest will tell us who already are in bull market territory but also the best ways to play them. david: new details surfacing about the suspected gunman in yesterday's shooting in ottawa. we have the latest from washington, d.c. coming up. 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. synchrony financial. enagage with us. and cialis for daily use helps you be ready anytime the moment is right. cialis is also the only daily ed tablet approved to treat symptoms of bph, like needing to go frequently. tell your doctor about all your medical conditions and medicines, and ask if your heart is healthy enough for sex. do not take cialis if you take nitrates for chest pain, as it may cause an unsafe drop in blood pressure. do not drink alcohol in excess. side effects may include headache, upset stomach, delayed backache or muscle ache. to avoid long term injury, get medical help right away for an erection lasting more than four hours. if you have any sudden decrease or loss in hearing or vision, or any allergic reactions like rash, hives, swelling of the lips, tongue or throat, or difficulty breathing or swallowing, stop taking cialis and get medical help right away. ask your doctor about cialis for daily use

and a free 30-tablet trial.

liz: stocks jump pretty exponentially today. came back off the highs avenues of a new york city doctor tested for ebola but ending the session up 216 point nonetheless. are the bulls finally back and if so, is it too late to play it? how can you get in? david: joining us northwest asset management portfolio manager. good to see you, art. let's start with the small caps. the russell 2000 has had a lousy three-month period t has come back a little bit as you can see over the past couple weeks but i am wondering if we hit bottom with russell 2000?

if this come back here to stay? >> dade, we may be too soon to call a bottom in the small caps as well as economically sensitive areas? the good news after the last few days of trading they have taken out their february low which is a starting point but they still have to get above the 200-day moving averages and hold there for a while. i think it's a little too soon. liz: art, it is interesting to see that there were three sectors that led declines back in the past, when we had some real problems. but now those three sectors leading the charge up. do you like them? let's talk about which ones you feel are real winners right now. >> sure. one of first few sectors to really get hit this correction, utility stocks, interest rate-sensitive stocks like real estate and those sectors have been on the recovery side the first, the first part, on the recovery side and they are now in bull markets. so utilities and reits like real good to us. liz: is it too late to get into

those now they're in bull markets? >> no, i don't. that's what we want. we want to invest in bull markets and risk is actually lower in a stock with a bull market than try to bottom fish and maybe pick out a bottom for the small caps before it has been confirmed. david: i notice health care was on your list of sectors you're bullish on right now. i wonder if there is any specific area in health care? we're focused on biotech with all the ebola scares right now? >> health care is great sector to be in for the long term because of the demographics of our country and the world and advances in health care technology. so -- david: specifically what area in health care appease -- appeals to you most? >> we like biotechnology and health care insurance providers. amgen, biotech and united health care in the health care insurance providers. liz: are there any real shields against volatility, art?

we know these headlines will pop up periodically and frighten people but what is the best advice that can shield an investor from making a bad move during a tough time? >> they have to structure their portfolio when things go awry, when the market is going down, they have a risk tolerance. the drop doesn't become too much for them to bear. so if someone has a risk tolerance of 10%, for example, they should not be 100% in the stock market. they have to endure, 20, 25, even higher drops if they will be 100% in the stock market. diversification, complimenting assets, bonds with your stocks and have commodities. use a stop-loss strategy to prevent very large losses on individual holding. >> great advice. david: by the way you're in seattle. i wonder if the 30,000 amazon employees are crying in the street because of this 10% drop after hours? >> i will know in about ten minutes when i get out there. >> art, thank you so much. art noon. david: thank you very much, art. appreciate it.

new details surfacing about the suspected gunman in yesterday's shooting in ottawa that left one soldier and one gun man dead. is this an isolated attack and what kind of a threat does it pose to the u.s.? we'll have more coming up. liz: more on the suspected ebola patient in new york city. he is a 33-year-old doctor who just recently returned from west africa after treating ebola patients. right now the new york fire department has blocked off streets in harlem. >> hi, everyone, i'm gerri willis. coming up on my show at the top of the hour. new ebola warnings in the country's biggest city. fear begins to escalate. we'll have latest headlines impacting you and markets. that is one of the big stories we're following on "the willis report" in just a few minutes. in argentina, change engineering in dubai, aluminum production in south africa, and the aerospace industry in the u.s.?

at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. ghave a nice flight!r bag right here. traveling can feel like one big mystery. you're never quite sure what is coming your way. but when you've got an entire company who knows that the most on-time flights are nothing if we can't get your things there too. it's no wonder more people choose delta

than any other airline.

liz: let's get you more on breaking news of suspected ebola patient in new york city who recently returned from west africa. right now, fdny, new york city fire blocked streets in harlem where the person was living. david: that is sad news. there is follow-up what happened in canada yesterday. peter barns joins us from washington with more on these. >> want to remind everybody just yesterday the pentagon began

training special 30-person medical response team, rapid response team to, to respond to new cases of ebola. these will be experts specializing in infection control and personal protection equipment. this is something president obama called for and established last week after the news surfaced of a second nurse contracting ebola from helping that parent in dallas who died. -- patient. with the training beginning yesterday these folks will not help with this possible case in new york. on the ottawa shooting, members of the canadian house of commons gave the sergeant-at-arms an emotional welcome to their chamber this morning. a long-standing ovation for kevin vickers, who is being called a hero for shooting the gunman who murder ad canadian soldier yesterday in the war memorial and entered the

building and fired dozens of round of ammunition. vickers is former mountie. he nodded, appeared moved but otherwise stoic with this welcome. the canadian government called shoots a terrorist attack. the obama administration called that too today. david, liz, back to you. liz: thank god for him. thank you very much. david: thank you, peter. >> real hero there. david: by the way he never fire ad not as a mountie. this is the first time he had to. -- fired a shot. liz: the doctor who recently came back from guinea after treating ebola patients, he is being tested. more than coming up. (receptionist) gunderman group.

gunderman group is growing. getting in a groove. growth is gratifying. goal is to grow. gotta get greater growth. i just talked to ups. they got expert advise, special discounts, new technologies. like smart pick ups. they'll only show up when you print a label and it's automatic. we save time and money. time? money? time and money. awesome. awesome! awesome! awesome! awesome! (all) awesome! i love logistics.

an unprecedented program arting busithat partners businesses with universities across the state. for better access to talent, cutting edge research, and state of the art facilities. and you pay no taxes for ten years. from biotech in brooklyn, to next gen energy in binghamton, to manufacturing in buffalo... startup-ny has new businesses popping up across the state. see how startup-ny can help your business grow at startup.ny.gov david: right smack in the middle of harlem. this is 147th street between amsterdam and broadway. this is the apartment house in which the doctor who came back from guinea after treating ebola patients was. we're not sure whether he has

yet been moved to bellevue or not but again this particular apartment is being screened very carefully now, liz, because of concerns that if he has ebola, there might be remnants of it somewhere in the apartment building. >> possibly. he is i believe at bellevue hospital. has been tested for ebola. he is with doctors without borders. he had just returned 10 days ago from guinea after treating those patients. and it was today, where he began to suffer from a 103-degree fever and nausea. he quarantined himself in his apartment but had, according to reports been out and about the previous couple days, david. david: we heard from joseph mccormack, an expert in infectious disease, particularly an expert in hemorraghic fevers like ebola. he wrote the book about it. he said, don't be concerned. it is hard to convey that to neighbors in the apartment. those interviewed by reporters on the scene reporting that indeed, some of them are close

to hysteria but they should be calm according to dr. mccormick. no signs this thing could spread. liz: important to note that the u.s. markets held up very well. we're awaiting news how the test results came in. meantime we hand it to -- gerri: we begin tonight with breaking news. there is a possible new case of ebola in new york city. a 33-year-old doctors without borders physician was transferred to bellevue hospital with ebola-like symptoms, i mean symptoms. he is not diagnosed. police have blocked off a street in harlem after he was taken to the hospital. the doctor was treating ebola patients in guinea. that is in west africa and returned to new york only 10 days ago. with more on this, dr. mark jarrett, the chief quality officer at north shore long island jewish hospital. that is one of the hospitals that has been prepped and ready to take ebola patients if they are arrive, if and when. doctor, thanks for being with us by telepho