that is amazon and q b c the q b c network the rest of them are all brick and mortar wal-mart and kroger costco some of the big ones kmart they're in the top ten as well and i think what you're seeing overall is a trend bot is the convergence the convergence between brick and mortar and e-commerce and that's what's happening actually brick and mortar of course is realizing that they must have an e-commerce component maces stock is up one point one percent macy's is up predominantly because they have embraced brilliantly the e-commerce and online shopping using an immense amount of data analytics particularly from their blue mercury line their make up line and that's seen a huge difference in their stock but you've also seen them so brick and mortar adopting the e-commerce you also see. traditional online and such as amazon now opening the amazon store so they're going to brick and mortar so it's the convergence of the two that is the biggest trend. super interesting thank you is all here we are four great c.e.o.'s mark thanks ellery and welcome i've had it. and time now for a quick pause for pr

about costco and kroger daniel. sure william i mean kroger does look like a good long term buy look going forward and looking at what the market is doing right now you really do want to focus on stocks like kroger stocks like wal-mart stocks like costco why because they're consumer staples so when the market hits a little bit of a down trend money is going to pour into the. company is because i mean at the end of the day families are still going to go to costco pick up toilet paper stuff like that but they might not be looking at consumer discretionary products so i think that all three of them are are pretty strong and i want to continue to look at those to the long side for both buy and hold and for short term trading decisions i want to ask both you ladies just hang right there because there's more to come but we're now joined by jamie fish the former director of the office of government public and family affairs at the national transportation safety board and comes to us a via skype from manila philippines jamie

in the tech area but we're going to refill a little bit hilary what about kroger and costco some of the two big retailers in the food area what do you think about them you know the good news about kroger actually is particularly they've made a huge investment two years ago the c.e.o. talked about he was going to make a walski best man in terms of their employees and e-commerce which he has done and with regard to wal-mart i would say you know look at the chinese new year that's coming in february and that's actually the middle of february or february to get states to the one nine hundred seventy like that in one thousand but chinese new year bought is huge is actually larger than christmas across the world in terms of sales and movement is very well positioned as is kroger i think that the pickup process the pickup option now in stalls has also been very beneficial so i think both of those stocks are doing well because they've been so innovative and they're in the top ten. you want to give us a quick take on costco but you've got wal-mart there about costco and kroger daniel . sure well

costco, kroger. it has names like tiffany and ralph lauren. here is the chart. one thing that is inescapable is basically you have the double top formation. here is also the issue. as this was performing, all of this ascent, it really was never making much progress this way. so is it making you money? or as a proposition, its opportunity costs that are hurting you. here is the more interesting thing. take a look at the relative line. the top is xrt. you can put anything in there versus the s&p. what we know is every single time that the xrt got up to this level it has failed and it failed again and again and again. this is literally what algorithms are all about. there is plenty more to go. it's not good. let's look at a few more. this is the sector itself, actual weight. it's hovering on the line. i'm going to make the bet that we are going to ultimately break the line. the way to figure that out is not look at this but at the equal weight. if we equal weight it it has already happened meaning without the influence of a few large cap performers we have already