top strategist, greg valliere says putin, he will not budge.king president obama more and more like a lame duck. the question how will that impact other issues, immigration, obamacare, the nsa scandal? we'll discuss that and much more ahead. tracy: a lot of stuff. we have new questions whether the $50 billion drug companies spend every year on research and development is leading to more effective medicines. biotech ceo of ron cohen shares his take this hour and it might surprise you. but top of the hour right now. we've got a dow up 168 points. we have to head down to nicole petallides on the floor of the exchange. everybody is happy today, right, nicole? >> so far so good for all those bulls who hopes the market jumps back to the highest point and even beyond that, they're pretty happy today. you do see the dow up 168 points now. 323 points off the highs of the day -- 23 points. you're seeing retailers and drugs and oil services all doing well. transports with up arrows, the vix, the fear index, has been pulling back today. the dollar is stron