market action here on the floor.
bob pisani joins me.
>> we are watching to see what
happens for the rest of the day.
because we're just off the
highs.
look at the s&p 500.
every day this week there has
been i g-- a gap up and then we
move down and close near the end
of the day
we are just off the highs.
this is happening every day this
week
right now the market starts
moving down.
so a little bit of suspense.
in terms of sectors, it looks
like the beginning offebruary.
the cyclical names are holding
up, so you have the
semiconductor and consumer
staples are lagging.
you heard brian talking about
general mills buying blue
buffalo but the consumer
companies have been terrible
because of the cache that has
worn off and hersheys was at a
low.
heinz at a low and the stocks
are having a tough time.
as far as the markets, we're
just off the highs
the key thing is it is good,
three to one and the volume has
dropped off.
nothing like the last two weeks.
much lighter