larry shover, your winner and loser?y winner has about be families of 132 souls on flight 1086 yesterday at laguardia. this is just a story. this is 132 souls. plain coming in at 100 miles an hour. gas leaking out of one wing. who knows what would have happened. there was no, fatal injuries. i mean, not, life-threatening, injuries. that is my winner for the week. liz: i agree with that. your loser? >> other than the 4300 flights that were canceled, big loser right now. ringling brothers barnum & bailey circus, phasing out elephants, thank goodness in. 2018. i don't think should have circuses with animals. rodeos, zoos. liz: why is it a loser? >> it's a loser hurt their business. some people go there just for animals. especially elephants. jumbo the elephant, 15years ago. it is gone. liz: adam. >> biggest winner tim cook apple steve jobs shoes. doing great job for shareholders. what happened with the dow today. will happen march 18th. we get more news on monday from apple. tim cook is big enter. are you sitting down for t

larry shover in the pits of cme larry, why for goodness say, are you so sure that janet yellen's fedill not drop the word patience? >> oh, david, i think she will drop the word patience. maybe that is a misunderstanding. i think that is something that the market intellectually believes. emotionally maybe not. that's why we're marked with so much volatility and indecisiveness in the market. david: all right. hold on a second. larry, hold on. if you think that, fomc, forgive me, i thought it was other way -- if you think they will drop patient, why hasn't, why isn't the market freaked out? we have a couple of sectors in the green. >> absolutely. i think because intellectually the market understands and embraces the fact that the right economic figures are going in the right direction. wage growth, unemployment rate is going down. we do also understand there are counterbalancing forces like gdp going down. that is not good. but the right forces are going in place. we're starting to heal on our own. the market intellectually is understanding that although there is a lot of emotion still

and larry shover, joining us from the cme. larry, looks so much of the traders attention. we heard this from teddy weisberg on floor of new york stock exchange. went to what was happening in washington, d.c. if you were to pick the second hinge traders were watching can, what was it to drive the action? >> you know, i think what it was, signs of vulnerability and fatigue. that's it. we combined auto sales being very, very light. netanyahu, boehner, all those things combined. the fact is, we're in a news drought. we've been in one for seven days. right now very tired. the market is due for some type of a turnaround, one way or the other looking to friday for that answer. david: rachel, you're big on tech but look what happened to alibaba today. the sort of the tip of the iceberg. all of tech taking a hit today. why the pullback? is there correction coming or is this just temporary? >> i think right now it is temporary. the nasdaq made all-time highs. people are you know, starting to talk about that. you know, it is always going to bring in some sellers. will this be another

our friend larry shover from the cme. larry, the last day of the first quarter of the year. there were jitters frankly what happened in the first quarter. whether it was corporate earnings are going to show it. is that why the market is down? >> i think that is a big reason. we'll not see any market move until we see earnings stabilization. consensus we'll see earnings down 4% what consensus thought even three months ago. also intellectual basis, yes, we know that the fed is going to hike the rates at some point but i do not think participants are really prepared for that. that is why we seem to be trapped in this broad and volatile trading range. it has been like a roller-coaster, down january, up february, down march. now we're exactly where we started basically three months ago with nothing to show for it. >> mike, leading into every earnings season you hear the doomsayers. larry touched upon it. we have to watch to see what the numbers do but when companies downwardly revise expectations they're lowering the bar so they can leap over it. i'm looking at names you like. th

larry shover, i have to ask, where do we go from here? >> i think more of the same. i have to say dollar strength instability of oil, of course those things are really in our face but we need to look at the bloodlines of this whole market action. i can trace it back to february 20th, with the greek reaction. the 24th with yellen. we were much too high. as i said last tuesday, the market was feeling weak. it was feeling fatigued. seems like prerogative we keep rallying on no basis. to me this feels, very, very comfortable to sit midway between the range we've been stuck in since the beginning of the year. liz: brian, larry's 100% correct but when you stretch his three weeks from february 20th to now out to a longer term investors picture, are you nervous, are you worried? we have the vix spiking 9% today but should you still be in stocks for the longer term? >> yeah, i think so. i think there is some great opportunities, especially as you mentioned in the small and mid-cap space which really haven't had, doesn't that mean u.s. multinationals are getting hurt? because