barbara doran is here to break down these crucial moments of the trading day, plus leslie picker andstin. barb, i want to kick it off with you and get your take on the market day and market week we're still on pace for a positive week, even though we're seeing selling today. >> i have to say i'm a little disappointed in today's action but not surprised. i think the market continues to be fragile given all the uncertainty, when inflation peaks, how we're seeing economic growth slowing in so many categories, whether it's housing, commodity prices off, wages are moderating, job postings are down. there's more pauses in hiring in the all-important tech sector. so i think there's a lot of nervousness out there. but people are waiting to see what happens we've now got about 20% of the s&p 500 reporting. 70% have beat earnings and the misses have not with the exception of a new notable misses, they have not been bad it looks like a lot of the market is discounting an awful lot of bad news already, so this is not unexpected because i think we'll continue to have volatility but my guess is we

let's bring in barbara doran and bob dolev. i think the most impressive thing is the banks citigroup is up 14%. yes, this was the cheapest of the big banks coming in, but what do you think is behind this kind of very strong enthusiasm we're seeing now for the whole group? >> well, as you know, those stocks have been hit hard and so people have gotten out of the way. you get any good news and these things pop i hate to be a bearer of bad news, but i think this is typical of a bear market rally what goes down the most often pops in a bear rally i'm not convinced we've seen the bottom yet we've had a bunch of mini bottoms, but i'm not sure we're there yet. but the banks have decent balance sheets they didn't get into a lot of trouble they did before the great recession. so any good news at these great prices gets them going. >> barb, are you a buyer on any of the news we've gotten jpmorgan which declined has come back today. >> i think going into the earnings these stocks were looking really attractive. it comes down to risk/rewar