bertha coombs. let's talk about these interest rates now. moving higher in a big way, especially after the jobs report this morning rick san stelly has more from the cme. >> yes, fascinating week think we had a fed meeting and all the fed talk actually sense seems like 4 is baked in the cake next year look at one-week chart of twos, that would be most sensitive, correct? it only closed up two basis points let's surf out to the long end, tens closed up 17. we now have tens minus twos at 69 it closed at 52 at the end of last year. why is this important? because when the fed had to deal with trying to stimulate the economy with monetary policy, it had little success along comes tax cuts and other issues, all of a sudden the fiscal side is going fast. the fed is going to have to try to keep up imbedded in there is nervousness. the curve steepness makes sense. there was a time when we didn't know how much of a premium or discounts was on ten-year notes. some said 100 basis points higher we'll find that o

bertha coombs. >> technology is usual decliners, outpacing advancers four to one. in this environment, if you do anything to support in your earnings, you'll get punished hard the big losers, tesla, take two, t-mobile analysts posted mixed quarters and getting hit hard in terms of the biggest declinele and biggest drag, it's coming once again from the chips. they are trading very strong volume to the downside right now already on pace for the worst month since may of 2012 the nasdaq 100 -- this is just a couple minutes ago so this could have changed already down 5%. chips are where the big decline is biotech off a small bit. small caps are relatively outperforming but down as well and the mega caps that are lower today across the board you've got google or alphabet once again in correction territory joining apple as well. back to you. >> bertha, thank you 10% drop that very mentioned how about 20% declines we have plenty of companies in the market that havefallen tha much from peak to trough dominic chu with that. >> one of the questions i've been tasked with answe

let's get to our reporters in all this bertha coombs working on the stock rotations. mike santoli, but first dominic chu. >> guys, if you take a look at some of the market's rally we've seen, it's been very strong off the lows we saw during the selloff. not every stock out there has actually participated in the upside as we get back to the record high levels, some stocks have been left behind let's give you an idea of what we're talking about. the s&p 500, within the s&p 500, about 310 of them as of earlier today hit 52-week highs, multiyear highs or record highs some time so far this year the first month and a half or so 70 of those stocks are still down 10% or more some traders call it, you know, bear market territory, correction territory, whatever you want to call it. these stocks have been left behind amongst some of the highlights of the stocks left behind, a transportation company like fedex down 11% from the highs it hit just earlier this year also texas instruments on the technology side down 14% from the highs it set earlier this year exxonmobil, a lot of ta

bertha coombs.the chip stocks have been what i've been watching all week. today it looked like they were on pace for one of the worst weeks in an awful long time. we saw that big recovery here at the end of the week. and that's really helped us this afternoon. still in correction. the nasdaq is just out of correction in fact, the nasdaq break even with this brig recovery. had been down to a new low for the year had given back about two months' of gains we recovered quite a lot in the big surge we saw at the end of the day. the interesting thing is the nasdaq is down two weeks in a row, despite we have apple, the biggest mover, the biggest component. down now for a third straight week apple has given back about four months worth of gains. apple is where the breakdown has happened technically it's broken that uptrend and taken a lot of the big caps with it the f.a.n.g. names that helped move things to the upside are in correction, finishing off here, at amazon's still holding onto gains for a year tho

now bertha is march eighth international women's day so women's issues must be second nature to you what has to happen to break the power of these men and curtail this abuse of power and money. well in the last few weeks and months the men have come to understand this. i recently found a good friend who runs a big company called sound he says he won't get into an elevator anymore if a woman is alone and. that's already a great success a few months ago no one would have thought like that good. i think it's been a wake up call. people are realizing that things have changed and times have changed and the titans of. the van if you were under thirty when you founded your first business and of course men in the industry were just waiting for you to fail. i think and i'm thinking about you showed them what was the hardest thing you had to do to survive in the industry i'll buy almost. pushed and. i noticed they were thinking she's that production assistant on t.v. to hell with her. and so i always introduced myself talk to them nicely and let them know that i wasn't a threat to or nothe why and

bertha coombs has more >> selling fever seems to have broken that's not necessarily indication we hitm, suggesting some volatility we have seen. small caps edging out larger caps here on the nasdaq. we are seeing broad gains, biotech. chips turning positive as well a lot coming from strong earnings they're putting money into new technology gilead, 10 centsabove estimates. traders saying we are seeing flow come into big growth reliable names but that's not necessarily translating to all names. apple in the red as has alphabet, and they're back in correction territory facebook also trying to move higher micron one of today's big winners. tech stocks have been the leaders in terms of tech but in the last week, they've only been up one of five sessions, we'll see if they can pull off a second one today, up better than 4% since last month. back to you. >> the nasdaq is lagging a little dow is strong. up 375 thank you. bertha coombs. >>> steve liesman has headlines from chicago from evans. >> evans saying the fed should keep policy on hold until midyear. evans, chicago fed president, one of

. >>> for more on today's movers, let's get to bertha coombs >> the nasdaq trying to avoid a four-dayg streak, but even with the losses that it's seeing this week, it's really outperformed the overall market. this morning what we're seeing is pretty much large cap, small caps, all moving together at the moment but take a look at the nasdaq 100. that's been the best performer if you look at where they are from their highs, look at how much better the nasdaq has done compared to the s&p 500 in its recovery here over the last couple of weeks. it's less than 4%, while the s&p and the overall market is almost 6% or so really, that's been about the large caps the large caps for the most part have recovered you still have about a third of them in correction territory another 13% are actually in bear market territory these largest caps have done really well, particularly those f.a.n.g. names we talk about, including apple. apple, amazon, and netflix are all positive for the month, all moving in a more positive direction. of course, amazon hitting that $1500 yesterday was a big part of the rec

bertha coombs is at the new york stock exchange bertha >> it has been quite a big week. it's been two weeks since we had that downturn starts and after consuming a lot of rocky road ice cream, today it feels like vanilla. if you look at the major averages in terms of where they are from their highs back at the end of january, the nasdaq here within 3% of its all time high in january as we've seen a big recovery in particular from big cap tech names apple hadn't participated in the rally in january so it kind of sat out, a lot of move up in the nasdaq but it's been a big contributor on the way back. huge week for apple, up 11% with news that warren buffett has taken a bigger stake in the stock. that's helping lead the tech sector overall meantime, if you look at the leaders today, earnings have been part of the story as earnings being rewarded during this recovery week historic high today for deere on the back of strong results, huntington upgrades after its earnings inucor. what's interesting is the best performer week today in terms of sectors has been the chip sector p

this is from big bertha. snow in 1887, 1962 and 1976. now it doesn't even get cold any more in february. that's snow in mayfield by the way which was incorporated into palo alto in 1925. that's mayfield, palo alto. could be cycles, we'll see. kevin is sharp, first time since i've been in sausalito. five consecutive days of 70 degrees in february. the previous record was february 2015 with four days of 70 or higher. this has been a very warm start to february. almost too warm here. but we're dealing with it. we have lots of sunshine unless you're in southern california. and they have fog. they had a lot more yesterday. there's some from san luis obispo south. it can't make it up here. 30s, 40s, and 50s. there's a big difference in a lot of the lows. 56 now -- it depends on the wind. there's a 10-degree spread. and up by the concord pavilion. elcerrito is 58. and martinez is 55. these are warm. 23 for truckee. and even things have calmed down all the way to portland and seattle. high pressure is dominating. nevada and arizona as well. anot

let's go to bertha. >> they had some preliminary talks.l green approaching berg enabout a deal it would be right out of ceo stephen playbook coming off the companies bid to buy rite-aid. on the earnings call last month, executives said they look to do a deal before making acquisition, and that's the case here wall greens has 26% stake in berg in. the deal would involve buying the rest of the stake doesn't already own. no discussion of a price according to wall street journal, but the market valuation at the close yesterday was nearly about $20 billion about there now. analysts say this is not a must do deal for wall greens. but the pharmacy could ring out cost savings by bringing supply business in-house. and that would be that although they think a deal wouldn't be transformative but one more step towards stepping up longer term goals. >> someone open to different types of transactions given his career path, would you have to assume they probably have more things they would like to do. >> so it might be just the beginning. now, interestin

. >> we got, i want to get to bertha we have a loft time.ne trend that we have been noticing lately, a great rotati rotation not from stocks into the bonds, but rather rotation into equity groups bertha has several big name examples >> really very interesting moves here, brian. we've seen an imperezive pressive recovery in every sector, but the rising tide is not lifting all boats. case in point, take a look at one of the worst performers this month. expedia. up 7% in january now down 19% for the month travel writer, trip adviser was flat coming into february. up 25% now earnings helped sh, but in social media, similar story. facebook has more or less recover ed much of its losses, but strong earnings this month have pushed momentum towards twitter and snap snap up over 50% at this point for the month. in fpharma, merck has outperformed bristol myers in january, but with the drug trial setback, take a look they traded places as well and conventional wisdom is with all of the resent surge in volume and volatility, that it would be good for al

bertha comes has more on what a potential tie up might look like. >> reporter: walgreen's already one stake in the company, of three major u.s. wholesale drugt distributors. but now the drugstore chain is talking about buys its supplier outright, according to the "wall street journal." alysts say the move could help walgreen's drive down costs. >> i'm nott' sure nearly as transformative as other transactions in health carert b nly something where you would formalize what has already sort of been put into place. >> reporter: it wouldn't be as transformative as cbs's deal to buy insurer aetna the bring together pharmacy and health benefits and affordable retail clinics under one company. in this case, walgreen's would be put in chargef its drug supply complain while fending off the threat of amazon a its new health venture with berkshire hathawayp ndrgan aimed at cutting costs. >> the supply chain in health care is really now up for grabs. init's clear that amazon is going to get into business. if you look at the deal now with jp morga anderkshire hathaway. and they are a great master o

and for more on these markets, let's go down to the new york stock exchange bertha coombs is here today standing by. >> the dow trading above 25,000, the s&p above 2700 the nasdaq recovered three quarters of the losses trading above 7200 the five-day winning streak is putting these indices on pace for their best weekly gains in forever. take a look at the mass in dnasq it's up over 4.5%, that's the best weekly gain since back in october of 2014. that's a huge recovery considering where we were last week it's been those megacap tech names which weighed us down, fell into direction down more than 10% from their all time highs and have made a really great rooefr look at apple up 14% low of that low of $150 a share. back with 5% of its all time high amazon within 3% of the all time high near $1500. up 15% from the lows alphabet has been the laggard, 8.5% from the lows and that remains near correction territory. one of the things a lot of things, these recoveries make you feel considering we have moderate volume and steady uptrends feel like maybe we've hit a bottom but look at this chart th

coombs on what is also a rally bertha >> yeah, and it's being led by the nasdaq big caps. nasdaq 100, in fact, here is really the strength that we're seeing of course, it is early on and we have been seeing some waffling back and forth part of what is driving this today is very much the turn around in apple. but we saw this movie yesterday. apple started lower, moved higher, yesterday the story was apple tested and held a technical level, a bearish technical level. its 200 day moving average this morning, it is bumping up against that and as apple moves up above that which is at around $159.62 a share, as apple moves above that, we see illustrate gain strength and we see the market gain strength. it's pulling up large cap tech, as well. those fang names that jim is talking about. again, we saw them start off lower. now they are moving substantially higher it looks like netflix which had been in correction yesterday about 10% from its recent all-time high, just slightly out of correction here so we're just seeing some green shoots in some of these large caps this morning st

>> wilt is better than zero and better than $100 billion but nowhere bertha the region needs. think about the gateway tunnel. a $20-plus project. $200 billion that is 10% of that. >> let me ask you. you know, there are some things that you hear. i hear the white house spokesman say 90% of the people would benefit from there thun tell inlocals. they are not going to jump through hoops much they should come through the hoops. mean when it guess down. it affects the national economy so this is about investing in the future of america. >> well, i tend to agree with that. let me ask you, though. on that, former governor of new jersey governor. talked about private eyeing thed talking now you got a president of the united states saying look we want to bring in 1.5 trillion he is effectively in private invest president. is it time to start talking about serious privatization of some of the transportation projects to get that capital coming in because it is going to happen now. >> le, look. i have no problem with private investp in our public structure as long as it stays public but t

february 9th, that crazy friday, our reporters are standing by breaking down the market since then berthaoombs and bob pisani >> i think the important thick is we've seen quite a recovery in the markets but not for everything let me show you a few charts jpmorgan, a big recovery remember what happened on february 1st it was like $117 then goes down to $104 on the 5thand it's com back around $116 that's a round-trip. also boeing another big one, $357 on february 1st $317 on the 5th. that's a $40 drop, back to where it is, roughly $356 or so. there's a round-trip some stuff hasn't recovered the consumer names haven't recovered. coca-cola goes to 82 and it's hovering around that exxon, the oil stocks have had a hard time. $89 down to $73. that hasn't recovered. part is on the fact that oil didn't have a big bounce here's the important thing the s&p on the whole has recovered a large part of its losses we lost almost 300 points from the high to the low on the s&p and you can see all the numbers we're looking at the important thing is, during the week here, you can see most of the time we have

well the order of i am of the new boss of budget bertha gave out pretty ambitious plans for this year a pretty ambitious growth targets he also said that the hopes to benefit from brics it you know this clearing business that is supposed to be transferred from london to the continent with brics it frankfurt wants to have some of this business but i'm also said that the recent increase in market volatility is likely to stay and that's good for because market participants are likely to hedge more against trade risks and that's something that allows that will allow quite likely. to sell more off its derivatives and last but not least the ones to grow by taking over other businesses and a mergers and acquisitions world was another key word at the press conference investors are buying it the share price is nicely on the up side. was in first in frankfurt thank you. and as well as crypto currency the petro is just a day old but the country socialist leaders are already claiming a big success and they've received more than seven hundred million dollars worth of bids in a private pre-sale pre

. >>> let's get some movers this morning at the nasdaq with bertha coombs this morning hey, bertha. >hi, carl. we are off the lows here, the open in part because of the reversal in apple. apple getting down to its 200-day moving average this morning, has bounced off to that, up into positive territory. so we'll see if that momentum continues. apple, of course, down year-to-date it's in correction territory take a look at some of those fang names we are watching right now google and netflix. they are off about 9% from their all-time highs amazon held us up on friday. was positive today all of the fang names drawing us lower we are seeing a few stocks getting a bit of a bid here. take a look. autodesk is now positive a couple of the beaten up stocks, like wynn resorts today, positive, as well, bucking the trend. o'reilly automotive positive all morning since the open so we'll see if maybe we get a little bit of the buy the dip mentality this morning as more stocks start to go into the green. back to you. >> bertha, thank you very much for that. >>> as for some other market indicators, v

bertha coombs and bob pisani let's walk through today's big rally which look the like it might be another with dom chu. >> i remember being on with becky quick and andrew ross sorkin on "squawk box" and he with were looking at a 500 to 6700-point drop at the opening bell and we saw 567 points at the opening bell let's take you through how that turned into a huge rally day for stocks overall as we take a look at the dow industrials, up 568 points, that means from low to high you're talking about that 1100, 1200-point swing we saw during the course of today. you can see as we see that opening dip, a nice rise right up after the bell to around 10:30 in the morning only to see this up and down move throughout the later course of the morning and then a nice rally in the afternoon. only to say, oh, it's. not going to hold. we won't see this rally into the close. we saw it dip down to 80, 90, 100 some points only to see the rally in the last hour or so of trading. all told, we had a huge move from low to high also want to point you to three stocks that were a huge part of that story today boeing

our bertha coombs is standing by to look at the action on the floor in the nasdaq. bertha >> yeah. kelly, it's been quite extraordinary when you think about the fact that just six trading sessions ago we were at all-time highs on the nasdaq and we have given back a good 6% of that just in a matter of days here overall, the nasdaq still barely positive part of the things that intensified the selling this afternoon was that it fell below a technical support level, below that 50-day moving average hasn't really been down below that so heavily since last september. we saw basically all of the sectors moving lower a lot of them moving below those technical levels as well chip stocks were particularly hard hit they have been among the most volatile in this selloff over the last few days. what really brought us to negative point was apple apple had rallied off of a technical level this morning at 200% below -- or 200-day moving average and then it just failed after testing that several times today. apple now closing down about 11% from its recent all-time high. it's not alone in terps of

let's send it over to bertha coombs with more on that. >> they're pretty much holding up the nasdaq hereis what's moving higher, partly on some consolidation news with qualcomm making a bid for nxpi while it's bebe iing pursued by broad com. apple had been a strong point earlier in the session but it has faded here as we head towards the close. you can see it's just dipping into the red that's what's pulling down the nasdaq composite into the red. a lot of other f.a.n.g. names today are moving higher. you have amazon higher also take a look at applied materials nvidia, the names moving higher. nvidia again today with an all-time high. we're starting to see some recovery in tech holding on, particularly when it comes to the chips, but this afternoon we're just seeing that pressure coming from the pleau chips dragging down the nasdaq as well >> the journal a couple days back had a story, i didn't appreciate the shortage of graphics cards, whether it's for bitcoins or to play video games, it got so acute, i don't know if it's let up, but they had that blowout earnings reports even after all

thank you so much, bertha. let's talk about the markets with nyse director, tim.ood to have you here. >> great to be here. >> is the ten-year in charge of this market or not i thought it was and then today barely does anything in the markets all over the place. >> i think the market is getting used to the fact that eventually we'll hit a 3% yield on the ten-year i think that's baked in. clearly we haven't had that much volatility in rates today, which is interesting because it's a very large week forrishance of u.s. debt. most is in the short end, but we haven't given all that supply hitting the market we haven't seen that much move in the longer end of the curve. >> stay there. we have the white house just weighing in on market volatility during the daily press briefing. eamon javers with that >> reporter: that's right. the white house eager to emphasize the success they see in the markets i asked him, though, about some of the stock market volatility we've seen over the past month here's what he said. >> stock market volatility is something that's to be expected

thank you, bertha. >> say again >> baker hughes maybe sell some of baker hughes -- i don't know, that industry just $10 decline over the course of one week. the group has been acting poorly but we know ge has to do a deal. >> ge -- we've got to talk more about that and what's going to come before the end of the quarter. >> you have insight? >> not yet give me time let's head to the bond pits now. rick, what are you working on this morning >> you know, just trying to factor in how today's ppi in many ways every bit as hot as yesterday's cpi but cpi seemed to have broken the veil with response to market response. note yields are up two basis points and that makes sense with the march meeting and the fed and back to back rather warm ppi/cpi data points but the 10-year at 290 as you see on the next chart, it is unchanged. we have been up to a 294 yield and as jim referred to earlier, is it that we're ignoring tens or have we factored in the realities of the situation and vas late between what's moving it and how it affects the equity markets. remember, what happened with the equity market

a taxi driver is taking them on a ride through paris looking for the shelling from germany's big bertha gun. he wants to get close to these explosions. they spend at least one hour doing that. the next day when they arrive in milan, they are immediately assigned -- there had been a munitions pant -- plant that had exploded and they were going to pick up the pieces. that was his first experience of the war, to go to this field and discover these bodies, most all of them the bodies of women who worked in this plant. body parts, picking up pieces of skin and flesh from a fence. behold, maybe this has to do with censorship, within a few days he sends back a postcard to his friends at the star that starts out having a wonderful time, we carried them in like at the old general hospital. bodies on the stretchers. response to what he later wrote in a very "aarkable story called natural history of the dead," he brings back the memories. from there, it is a sign after that assignment -- he is assigned to section four of the ambulance corps. villa where there -- they are housed in an old mill. the

positive early this morning befor heading back lower down about a percent at the moment let's get to berthaoombs with a look at tech-heavy index >> thank you very much the nasdaq composite gained more than 8% by late january when it hit that all-time high the index is still up for the year compared to its peers it is down 7.5% in the last six sessions after that historic high apple had not really been a lead driver in the run up in january. and after those earnings last week were noisy, apple started to break down technically. we started seeing bearish signs. yesterday was a factor in the decline. the stock breaking through technical support levels, plunging through the 200-day moving average in late trade and now down 13% from its recent all-time high. apple's concerns, concerns about what kind of chip supplies and orders are going to be made in the wake of the last quarter have weighed on the semiconductor index. that's been a drag the chip index not quite in correction at this point but a number of big movers there. lam research is actually right around bear market territory a couple oth

.& so she officially gave bertha week ago. and everyone is freaking out. it is interesting, because, she doesn't ever, well, she does talk a little bit, but her friends, like they all got together during the baby shower talking about to her caughter what life was like. oh, your mother lovers you. your father so great. waiting for this moment. always wanted to be a parent. like that casino every thing. >> who is the dad? >> travis scott. >> oh,. >> travis scott. wasn't tyinger? >> no. >> travis scott. >> she used to be with tiger but now with travis scott. they lochte each other so much. that's what happens. >> sure. >> didn't they break up though? >> according to the video, 11 minute, they're very much together. all over each other, holding hands t seemed very loving. very loving environment. >> and the baby's name? >> and very well done the move. >> i talk about the baby names and the rest of the family. you got your north. >> north. >> saint. >> rain. where does rain come from? >> chicago. >> a storm. >> oh, okay. >> so stormy. >> storm webster? >> storm

the nasdaq participating in the big twiswings this week for now, hanging on to gains for the year bertha coombs has a look at the nasdaq >> gains for the year but not exactly gains for the day here we're just slipping into negative territory as far as the nasdaq composite the nasdaq 100 has really been what's leading things this morning. you know, and that is really being driven by apple. when selling intensified yesterday, we saw apple breakthrough its support level, the 200-day moving average and that's when things really started to move to the down side today the story has been whether apple can push back above that 200-day moving average it is serving as resistance right now. you can see, apple is negative for the year so much of the gains that we saw in january and the nasdaq happened without apple but today it's clearly having a big impact one of the things that apple impacted has been chips. the semiconductor index fell 10% correction that level from all time highs yesterday it was one of the biggest losers today it is holding up and again we're off of the highs apple suppliers re

. >> reporter: bertha quintinilla brought her children to l.a.'s northeast valley clinic for 20 years. to find a new doctor now? >> i would feel lost. >> i think this speaks to your idea. the can-kicking thing has effects on humans. >> it's already had one. a small number of community health centers have started to lay off employees because of the uncertainty about their budgets and these centers according to keiser health news serve upwards of 27 million americans, almost entirely in low-income, rural and urban areas and they provide services that medicaid and medicare don't cover, particularly services for substance abuse and mental health problems. >> yeah. at this point -- you saw what was in the plan that will be voted on later tonight on the house side. i think the freedom caucus has said they would back in? >> well, sounds like it. >> but the other part of this is there's nothing in there on, for example, disaster relief. remember when everybody in washington was talking about the hurricanes and helping people who are suffering from those?

. >> bertha coombs is here >> i know it's quinoa. >> great for you >> quinoa. >> that's not a beverage today's top corporate story. walgreens in talks to buy drug distributor amerisourcebergen. they already own 26% of it. >> just over a quarter of it this is one thing they do. firms are in preliminary talks according to the "wall street journal. shares of amerisourcamerisourcep 19% in the premarket hours this is like the cvs/aetna merger in that walgreens is looking to buy the drug wholesaler which is its biggest supplier the ceo telegraphed that the company would be in the market for a strategic deal after its failure to buy rite-aid. walgreen's pattern has been one of partnering first, make taking a stake and then doing the deal. that's the case here walgreens has the 26% stake in amerisourcebergen. no discussion on a price, but amerisourcebergen's market valuation at the close was just under $20 billion. forewa for walgreens the acquisition would secure a drug supply chain and cut costs for drugs and make it more attractive address a pharmacy network for insurers and pharmacy benefi

hat, i actually want to start by giving honor to, one, all of the amazing climate activists like bertha, who gave their lives for this movement. [ applause ] and for an amazing equity freedom fighter warrior, my friend, erica garner. [ applause ] and those things -- those things are connected, for those who are watching who may not know that erica garner's father was killed by the new york police department in an illegal choke hold. you saw him. his last words were, "i can't breathe." and erica sprung up. and what's the connection with the climate, though, is even if he hadn't been choked, eric garner and all his children had asthma, and so even for him -- and then when erica died, she had an asthma attack, which then created a heart attack, which put her in a coma and she died at 27 just one month ago. so i want to lead off with that, because these things are connected. and so with that, you know, i just want to thank all of the activists who are watching around the -- the over 300 house parties. make some noise for the house parties. [ applause ] who are fighting this fight on the loc

the nasdaq is up 5% for the year lets get to bertha the lunar new year is issuing a lot of those we seem come back. take a look at the 10-yr back below 2.9% that's helping sectors and real estate. take a look, you start taking a look at nasdaq in particular made a really nice recovery and now less than 4% away from those all time highs housing stocks have been hit hard as interest rates have risen, down about 4.5% the last couple of weeks and have started to bounce back when january housing starts much stronger than expected. the third increase is new home constructions, we are seeing some of those stocks are real dogs d.r. horton of 8% and home depot, they may challenge homes. retail general out performed and now we'll get a little bit of a tail window, those tax returns are starting to come in, people are getting rebate, in addition to that, tax cuts are starting to cut in now into people's paychecks this month it is a story of tech as jim is talking about, apple is up but it is positive for the month and the year again and amazon and netflix have really taken up about 10% here, month

the nasdaq is faring better, in fact earlier the nasdaq briefly went positive 689 bertha coombs is tracking that action at the nasdaq. >> that's right, brian it's been a bit of a seesaw today, and mark cap has what kept this market on either sides of unchanged we're basically seeing red all around in terms of sector. large cap the best performers, biotech the worst performers apple started on the with a low of about $158 a share. that crossed below the 200-day, very weak there for apple, but then it bounced from there we are now off of well off those highs, flirting with unchanged, nonetheless, depending on where apple moves and holds, we could see it perhaps move out of the correction territory that happened with that lift we saw earlier today, but even as apple is moving forward, it is putting pressure on apple suppliers. chip stocks have been the worst performers today qualcomm likely to continue the takeover, but the idea that apple may be moving its chipset to intel, also hitting a couple others, amd a big loser. a look at lamb researc research. some of these are make a big turn around

thanks for more on today's movers, let's get to bertha. >> reporter: hi, melissa nasdaq working on tryingthe four-day losing streak, the longest losing streak since the election in 2006 over the course of october to november, down nine days in a row. the market here, the nasdaq up about 39% since that right now if we were to maintain these levels, the nasdaq and nasdaq 100 would be up for the week and so would chip stocks, which are really leading here in terms of tech. the real heavy lifting in terms of moving this market forward has been amazon. last couple of days it has topped 1,500 dollars a share seems to have found resistance there. that said, amazon on pace for the fourth week out of five moving up and adding really all of the impact to the upside. we have earnings movers this morning. seems like burgers are topping wings when it looks to the outlook with wingstop a disappointing outlook, sending that stock lower in tech, intuit, ricardo lebr rerks, first solar lower thanks >>> let's get to rick santelli with the cme group in chicago. good morning, rick. >> reporter: good morning,