with amazon hitting new all time highs, tech valuations are once again being called into question henry blodget been voicing valuation concerns for quite a while. he joins us next and as we head to break, a check on the major averages at this hour the dow is up more than 1%, up 281 points s&p and nasdaq also up nearly 1% more "squawk alley" after this try cool mint zantac. it releases a cooling sensation in your mouth and throat. zantac works in as little as 30 minutes. nexium can take 24 hours. try cool mint zantac. no pill relieves heartburn faster. when it might be time to buy or sell? with fidelity's real-time analytics, you'll get clear, actionable alerts about potential investment opportunities in real time. fidelity. open an account today. fidelity. hey, need fast try cool mint zantac. it releases a cooling sensation in your mouth and throat. zantac works in as little as 30 minutes. nexium can take 24 hours. try cool mint zantac. no pill relieves heartburn faster. i we worked with pg&eof to save energy because wenie. wanted to help the school. they would put these signs on the door to le

morning on set, s&p 500 global portfolio manager erin gibbs and business insider editor in chief henry blodgetrl is on his way to pong clanclan -- pyeongchang. >> he made it. >> he did? >> yes >> we have a lot to get to we're having another wild session for stocks following yesterday's action you saw the dow end in the red for the third time in four se s sessions we're down 430 on the dow. the s&p 500 is down over 1%. volatility continues erin, what's your take here? is this just going to be something we finally starting to see again in our markets that we had become perhaps unaccustom to >> yeah. for us, we're really looking at this as a full re-evaluation what's the shift how are you going to allocate between bonds and equities valuations, we came in really high at the beginning of the year and all of last year every time the markets got pushed up, we kept saying well where else are you going to put your money? that was sort of the argument. and now we're seeing some other options on where else can you put your money and get some yield? and so, of course, you've got to re-evaluate what are y