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exelon. should i hold or sell? >> i'm not crazy about exelon. i wouldn't bother to sell it here. it's getting hammered already. jim in florida. jim? >> caller: booyah from sunny naples, florida. >> i love naples what's happening? >> caller: we got rid of a bunch of mlps -- >> i'm not selling this stock at the 7% yield. i don't think it's that bad so to speak. how about jim in pennsylvania, jim? >> caller: how are you? i have a question, there was a publish on the street article about why -- could be the next big buyout. my question is -- the buyout, who does that and how could that reflect on the stock? >> you know whatati saw a piece on the street about how cash flow problems at hog. here's my issue with hog. let's be real blatant about it. competition to harley-davidson and our government doesn't stand up to defend our great manufacturers and there's the problem with harley as it is with polaris. frank in new york? >> caller: what's your take on new star energy? >> i'm trying to avoid that whole yield complex, i don't trust the yield. philip in new jersey, philip? >> caller: a

today the sector is down nearly 1%, dragging it down names like energy, exelon, entergy and fir firstenergirstenergy. >> thank you, dom. >>> broadly u.s. stocks are lower after yesterday's brutal start to the year. a muted open after a dramatic plunge yesterday. while much of the blame is being placed on china, our next guest says it may not be quite that sim. . richard fisher is former dallas fed president and a cnbc contributor. good to see you again. you think this has do with the fed? >> part of this has do with concerns about growth, whether china is leading indicator or not. i think we have to bear in mind that what the fed did, i was part of that group, we frontloaded a tremendous market rally starting in 2009, march of 2009. it's sort of what i recall the reverse whimpy factor, two hamburgers today for one tomorrow. i'm not surprised that almost every single index that you look at unweighted was down significantly. all the other indices were down. in terms of the ten-year bond there was almost no movement for the year. basically we had a tremendous rally. i think there's a great di

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