kevin landis will tell you whether he is buying more of stocks like these on a day like today. >> art cashin will join us later. >> bertha coombs at the nasdaq and courtney reagan at the nymex today. bob, kick us off what has been another ugly day for the bulls. >> 6-1 declining to advancing stocks. we've come off the levels. the important thing today, forget about winners and losers. they are selling the winners. there's a lot of names that have done great this year having a tough two days. home depot. great year. they are down almost 3%. mastercard had a great year. it's down 3.25%. almost 6 million shares. nike had a terrific year. down 4.6%. they are selling the winners. you know about the weakness in energy stocks. one sector that's done fairly well has been the refiners. not today. valoro down 5%. tesoro down. perhaps the oil export ban might be lifted next year. that would reduce the spread between west texas intermediate and might make it smaller or affect the prices. you have the possibility of lower profits for these really hurting. s&p 500, i think everybody would be happy

on the phone cuss, kevin landis. p 9% so far this year which is better than all the major averages. apple is a top position of the firsthand tech fund. kevin, always great to speak to you. >> thanks. >> apple has been a great performer but most recently it is off 15% from its most recent high. i think there are some concerns especially going into the fall quarter that apple is going to come up on tough comparisons because the fall is when the apple iphone 6 was launch. how do you think about tough comparisons when it comes to apple which still sells lots of phones. well, by virtue of being so large it is a growth stock that trades at more of a dow 30 kind of a multiple. so i don't worry that much that people will think they're growing too slowly simply because any growth at all is going to push the stock north. there's not too much room for compression on valuation. i just think lately the story's been about trying exposure. apple has committed they're going to grow their market share in china. so when bad news comes