joining us today the brian jacobson from wells fargo. jonathan from -- is sitting next to me and rick santelli from chicago as well. look at the numbers the weakness in the jobs number, earnings. a whole litany. but why now. >> those are the same things we discussed as the market going higher and we're going to continue talk about those a little more. the seems like the market is always a little bit behind and it takes a while to see the effect. seems like today we have a lot of things coming together. economic data, europe, china. we had a m&a deal cancel this week. so different factors out there pressuring the market. also ahead of the unemployment number, considering we got somewhat of a weak number this morning, i think investors might be skiddish into tomorrow. >> i haven't had a chance to look at the dollar index today. how are we shaping up there? it's come up a number of times in presentations. >> this could be day two where the market holds pounds. it is up a quarterback of cent. and monday's close was the weakest in prior month

joining us now, cbs contributor brian kelly and brian jacobson and somebody not named brian, john stolfus, i'll start with you. we all note fed is going to raise rates. if you watch the show, i'm not big into the fed camp here. what you are advising your clients to do with or without the fed? >> what we're advising them is to keep their goals and objectives in mind. we think that the fed raising rates is indication of an improving economy. the fact that the fed may actually begin raising rates, i don't think in june but may do it in july, more likely in september and most certainly we would think about december. >> so does the timing matter, john? if they do it in june or july, it is newsworthy. does it matter for your clients would are investing ten days out. >> if you're a day trader, it matters. if you're a longer term trader, you just fasten seat belts, enjoy the ride. and if we get any kind of a pullback in here, you start using that shopping list to buy stocks you may have missed. >> brian kelly, there is a certain playbook that investors immediately go to when they hear about fed r