jim bianco, to you. this was something that we heard, jeff saw it this morning, saying that barring some surprise here by the fed, this could mean the next major move is to the up side. does the action today and what you've heard from the chairwoman today indicate to you that that is the next direction here, the next move? >> yeah, probably over, you know, the intermediate term or short term, the next few weeks, a couple of months, the market's going to trade higher. this conference was surprising in that she really didn't break any new ground. if you look at the statement, the number of words they changed in the statement was about as low as i've seen in a long time. there was no new information on the economy in the press conference. if there was anything out there that would be kind of interesting to take note is the word financial stability came up a lot. >> right. >> meaning that the fed is really concerned about it, but then proceeded to say that it's not a problem. so, given all of that, i think t

jim bianco writing in, complete nonsense, for whatever reason, an excuse to sell off.orld economy. >> 15 seconds, you've gone through it, like 30 seconds. >> not always easy. with that over to "squawk alley." it is time. kelly evans, over to you. >> 11:00 a.m. on wall street and "squawk alley" is live. ♪ >>> and we have a special guest this morning joining us. mitch lowe, ceo could you phoneder of necessary flix and former ceo and president of netbox. nice to have you here. >> thank you. >> so much to discuss, as always with kayla tausche. and if you want to preview it on amazon, out of luck. refusing preorders of that movie are and other warner brothers films after a dispute with the studio. instead sign up to be notified when copies of the movie go on sale. speaking of amazon, the stock in the green this morning. this after being added to the conviction buy list over at goldman sachs. we know it's been a tough year so far for amazon, but seeing a pop of almost 2% today. >> well, interesting to see how this plays out. we know that amazon is dominant in books. about 40