your trades and stay on top of the market. >>> we are now in the "closing bell" market zone, cantor fitzgerald's is here to break down crucial moments of the trading day and kate rooney on paypal. let's first dig into today's market moves, got the s&p down almost 1%, eric, you've not been a believer in this rally for a while now. you have had some other skeptics have been kind of won over by some of the characteristics of this year's rally such as the breadth of the market, the fact that we have this positive midterm election cycle we're sort of shaking off some fed speak in a way we hadn't last year. why do you still believe we are headed perhaps to new lows >> so our conviction is extrext extremely high right now, and some of the sentiment positioning factors that are going on right now are actually at a very important inflection point. so over the past five weeks we've seen a massive change in the positioning dynamic from institutions cta's are now max long in the 95th percentile, hedge funds have covered a significant amount of shorts over the last five weeks bringing their net exposure up,

cantor fitzgerald howard luts nick joins us. we're up 175 on the dow. about 0.6% on the s&p.ute go. go scientist. go software. go cure. go production. go faster and safer. emerson automation software helps breakthrough medicines get to market at warp speed. go human go. go boldly. emerson. we planned well for retirement, but i wish we had more cash. you think those two have any idea? that they can sell their life insurance policy for cash? so they're basically sitting on a goldmine? i don't think they have a clue. that's crazy! well, not everyone knows coventry's helped thousands of people sell their policies for cash. even term policies. i can't believe they're just sitting up there! sitting on all this cash. if you own a life insurance policy of $100,000 or more, you can sell all or part of it to coventry. even a term policy. for cash, or a combination of cash and coverage, with no future premiums. someone needs to tell them, that they're sitting on a goldmine, and you have no idea! hey, guys! you're sitting on a goldmine! come on, guys! do you hear that? i don't hear anyth