joining us now david darse but david garfoil volume is not there, volatility is not there, yet we're you explain the lack of enthusiasm given the fact that stocks are performing well? >> you can clearly see we are stuck in a range even though we're at the high of the chart, we're stuck firmly between 2,112 and 2,120. >> we're about to break out. >> the momentum is to upside. that is a point of resistance. and clearly traders are not buying into the fed rate hike story. it's not being priced in. >> david, what does that mean for people thinking about whether to get involved in the market here? >> kelly, we are in a cinderella market, we're waiting for three things to happen. number one, will the economy pick up in the second half? we've had a sloppy first quarter. number two will that be driven by increased spending? we got the wages year over year up 2.1%. are the profits going to be higher in the second half? if you take away energy this year, they're supposed to be at 7.5%, with energy up 0.2%. the market. the second half economy better -- >> wait a minute. >> >> inflation picks up