we have a great lineup to navigate today bank of america's jill carey hall joins us. tony dwyer will tell us how long the selling could last scott black with three major concerns for the market and a new stock pick he likes right now. >> first let's get to the big action with mike santoli and joining us is luke munster mike, the broader markets selling off in the session. >> untrustworthy bounce after the morning sell-off 10:30 the low and below that not a lot of sort of convincing persuasive buying power coming in the market looking oversold. some of the sentiment and positioning data making it look like we should have a relief rally but no saying when that comes and what the start of a deeper downturn looks like 200 day moving average something like that. didn't come within 3 or 4% of it at the lows in october and pierced that now not anything that's immediately decisive but the major uptrend line in a bull market. still sloping higher that's okay. but that shows you that there was really nothing special about that of buyers waliting there. 4300 about 2% below this.