he's chuck carlson, chief executive officer with horizon investment services. and he joins us from the c.m.e. group in chicago. why do you still need convincing? >> well, again we follow the dow theory and the dow theory looks at the performance of the dow jones industrials and transportation. the theory has been saying that this is a bull market but to reconfinger that, what i -- reconfirm that is i need to see the dow jones industrial average go above its mid february highs of around 12,400 and on the dow transports just a hair below 5300. we're real close. my guess is it will happen but that's really what we need to see closes above those mid february highs to reconfirm this trend. >> tom: we're just on the eve of earning season so that's kind 069d technicals of the market. what about the fundamentals, are you still hopeful the corporate earnings this year are going to outgrow expectations and provide that growth boost that equities are looking for. >> i think they will. again when i look at the free engine's stock market performance especially corporate pro

. >> tom: here's what we're watching for next week: chuck carlson returns as our friday market monitor guest. he's the c.e.o. of horizon investment services. we see the latest on february's new and existing home sales and quarterly results from tiffany, walgreen and best buy. monday, beyond the scoreboard looks at how the renovation of madison square garden is costing basketball and hockey fans. >> susie: former goldman sachs board member rajat gupta is firing back at the securities and exchange commission, claiming the agency deprived him of his rights. gupta says regulators denied him a jury trial and unfairly ruined his reputation when they charged him in connection with the raj rajaratnam insider trading case. gupta is accused of telling rajaratnam about goldman earnings and the $5 billion berkshire hathaway investment. gupta, who's also the former head of mckinsey denies all allegations of wrongdoing. >> tom: meantime, i.b.m. will pay the s.e.c. $10 million to settle bribery charges. i.b.m. was accused of giving cash to south korean and chinese government officials for more than a

and chuck carlson is back as our "market monitor" guest. he isn't quite fully convinced yet stocks can move higher, but he's still bullish. chuck is c.e.o. of horizon investment services. >> susie: chevron has been approved for new oil and gas exploratory drilling in the gulf of mexico. it's the first green light for new work since the ban on deepwater drilling was lifted in october. that ban, you'll recall, was put in place after b.p.'s "deepwater horizon" disaster almost a year ago. the permit lets chevron resume work 220 miles off the coast of louisiana. >> tom: a new milestone-- the number of hispanics in the u.s. skyrocketed over the past decade to more than 50 million, according to last year's census. that's 16%, or one in six americans. the asian population also rose sharply. still, asians make up just 5% of the u.s. population. african americans are about 12%, while 64% of the country identifies itself as "white." nine million americans checked the "more than one race" category. that's up 32% from a decade earlier. >> susie: as we me