that's dan deming of stutland equities. have a good trading day dan. > > thanks angie. we are out of time for today. coming up tomorrow, it's a movies and money day. our critic breaks down the horse race at the box office, and a new film that could shake things up. from all of us at first business, thanks for watching. >>> this is supposed to be a furniture business but maintenance worker were shocked about what they found inside. we'll tell you what police dragged out of here. >>> a little girl kidnapped from an elementary school campus. we will tell you about the security changes that could be coming and the important meeting with police and district officials. >>> dozens of laptops stolen from facebook's former offices in palo alto. the suspect was very familiar with the old campus. it's all ahead on the ktvu channel 2 morning news. >>> good morning. thank you for joining us on this wednesday, september 26th i'm pam cook. steve paulson matching me in pink this morning. how is the weather? >> i got the memo. we do have really quiet pattern. there is some fog there. ye

chart talk is our segment now, and our chart man today is dan deming, managing director at stutland equitiesll right dan, we had the fed move of course last week to help housing. moody's has upgraded some home builders. and there will be some data coming up this week that could further help, and that could really affect the market. tell me about the housing sector and what kind of a play you might see here right now. > > right bill. i mean right now you're seeing that's a sector that's very much on fire. if you look at the xhb, the etf on the housing sector, that's up significantly. it's up 10% since september 1st, so you're seeing a tremendous rally in the housing sector across the board. the home builders, you're seeing a tremendous rally there as well. you look at pulte, it's kind of the star, it's up over 100% year-to-date. but you also look at toll brothers, lennar, those are a couple of other names that are showing significant extension in value over the last six to eight months. so, you're seeing a sector that looks like it's turning, just basically on the stabilization of the housing

we'll go over key numbers next in chart talk. ñçbÑ let's talk with dan deming for our segment we callart talk. he's a market specialist at stutland equities. dan, are you getting some cautious indicators about where the markets might be going in the coming months? > > right now, bill, we're seeing some consolidation off of that high we saw in the s&p 500 last week of 1475. but overall, you'd have to say over the last couple of days, there's been pretty minor consolidation here, a little bit of a pullback across the board. but even yesterday, as we moved toward the close, we saw some buying going on, and if you look at the vix, the volatility index, you saw that kind of trending down now as we see some of this uncertainty over the weekend and some of the political situations that were taking place in the middle east at least kind of getting in and being priced into the market right now. > > is this being supported by what you looked at - you were mentioning the spx index. > > exactly. you're looking at, again, some support here in the spx. a little bit more of a pullback as possible. i