>>> our guest host for all three hours this morning is joe terranova. he is from vertus investment partners he is a cnbc contributor, and it's great to have you here. >> great to be here. >> we have a lot of market news to talk about. let's start taking a look at the u.s. equity futures at this hour you did see new record highs yesterday for both the s&p 500 and the dow. for both the s&p 500 and nasdaq. first time we've seen that in a while. the nasdaq had its highest close since october 3rd. you'll see that things have picked up a little bit you are looking at green arrows across the board once again with the dow futures indicated up by 26 points. >>> really it's consumer discretionary. it's energy, financials, industrials, staples health care. materials. consumer discretionary, technology, they've exceeded the 18 highs reets, utilities, they already exceeded the 18 highs about three weeks ago. it's really only four sectors that have elevated above 18. >> i would say, too, though, if you are flat, right, since the last all-too many high, it's not compl

. >>> our guest host for all three hours this morning is joe terranova.nvestment partners he is a cnbc contributor, and it's great to have you here. >> great to be here. >> we have a lot of market news to talk about. let's start taking a look at the u.s. equity futures at this hour you did see new record highs yesterday for both the s&p 500 and the dow. for both the s&p 500 and nasdaq. first time we've seen that in a while. the nasdaq had its highest close since october 3rd. you'll see that things have picked up a little bit you are looking at green arrows across the board once again with the dow futures indicated up by 26 points.

good to have you with us here to debate and trade, joe terranova, josh brown, steve weiss. we begin with the markets. joe, s&p pretty much at 2900 we'll call it that new all-time intraday high for technology and mkm has a note today, quote, the march higher continues >> it does the march higher continues and we haven't even gotten to the tech companies you're citing leading the market higher. there's a lot of notes out today talking about limited up side in the marketplace. let's hear we talked all through the month of march about the importance of this earnings season, scott. and the expectation that was lowered throughout january and february let's hear what these technology companies have to say. we're hearing through the financials right now we know that energy, we know materials are going to be weak but we have to get through earnings before we can deliver this referendum on how much more up side there is in the market clearly the momentum points continuing higher. >> shannon, throw in a number of bag-name stocks hitting a new high disney, mcdonald's yum, proctor, honey

here joe terranova, jim leventhal. and mr. wonderful, kevin o'leary, the chairman of o shares etfs and an nbc contributor. he's all smiles today. stocks are trying to extend a seven-day winning streak a slew of downgrades weighing on the markets. big names getting cut across the board. kevin, you look all happy. you like boeing still? >> in the big downgrade names are some of my beloved stocks. boeing, i had it at a 5% weighting. it's down to 1.5%. i'm waiting for the real bad news to come out i want to get guidance or lack of there >> downgrade to neutral from buy. target cut to 420 from 480, bank of america 737 delay could last longer than expected now estimate 6 to 9 months of disruption versus 3 to 6 was their previous lower margins. could delay buybacks >> a lot of these things -- but my concern is -- >> shareholders' worst nightmare for a stock that -- >> there are two groups of things to consider one in the company's control and ones out after the fix occurs, as long as it's not a mechanical fix, it's a software fix, ho