. >>> bob nardelli has returned to serb bris capital as an advisor. he was in charge of chrysler till they emerged from bankruptcy and former putnam investments chief executive charles heldman had been named ceo of freddie mac. i'm rebecca jarvis. >>> and there's a live picture of the floor of the inform stock exchange tuesday afternoon on wall street. stocks back and forth. higher by 31 points extending the rally of the last seven days as we enter the final and most important hour of the tradinging day. welcome to the "closing bell." i'm maria bartiromo on the floor of the nyse. we've been focused on ben bernanke for much of the day. a shot in the arm for the stock market, up 31 points. want to bring in bob pisani. i wonder what your thoughts are on the supply out there, just looking at trim tab's latest report here, new offerings set to accelerate here. theo logic reporting four deals totaling $3.1 billion already scheduled to price. what does that do to the moment up on the upside? >> it's good news. however, those numbers are only if the market st

. >> seems like they're going to fit that bob nardelli profile a little bit. >> that's what they want if they want to bring in people from outside the auto industry to work on the board of directors. the feeling, the treasury department, was that gm had way too many people insiders in the past. that was the problem at gm. now they're bringing in a whole new set of eyes. >> thank you so much. company earnings aren't the only thing on a tear. the nasdaq hit 1960 for the very first time since 2008 today. it's up 11 straight days in a row. so where else acan you find thi kind of return? let's ask brian kelly and scott nation's chief investment officer. great to see both of you. brian, let's kick things off with you. what's your trade of the day? >> my trade of the day is africa. and there was a big headline yesterday in the financial times about how china is going to diversify reserves. i would argue, one that it's not really brand new news. china has been diversifying their reserves for a long time by buying other countries. by buying other companies in other countries. but, what's diffe