the vanguard ticker vnq is on a multi-day winning streak, so mel lisa, some great proxy stocks are doingetter than others as rates stay pretty static. back over to you, guys. >> you better get the shows right, "options action" starts at 5:30 p.m. eastern time. >>> rates by carter. >> what a great setup. exactly right. you have this one group that's lagged, that's now coming to life. let's put this in optical terms. i have two lines, one's blue, one's orange. you can see what they are. look at the spread over the past year or so between utility itself and reits. utilities have done twice as well as are highly sensitive areas of market. let's pull back longer. this is a two-year chart. here's your spread. they were up this week. you have the set-up of under performance. here's a five year. reits lagging by half as much. that's your opportunity, but you only do it once it starts to happen. meaning, now they're starting to, they have to all this week when the others did not. so, how do you draw the lines? you could draw them like this, something of a hid and shoulders boll to him. you can dr

i'm mel lisa cane, politics recorder for cbs 5 division division in san francisco and it's my pleasure to introduce our distinguished speaker, p.j. o'rourke, the author of this new book "how the hell did this happen: the election of 2016" he was born and raised in to lead to, ohio, and attend its miami university and johns hopkins and began writing fun funny things in the 1960s and then spent 20 years reporting for "rolling stone" and the atlantic monthly, going to wars, riots riots and rebellions rebellionse calls holidays in hell. has la bryant on politics, cars, economics. he lives in new england. a long time die-hard republican, pj endorsed hillary clinton for president in 2016. declaring that america was suffering from, quote, the most severe outbreak of mass psychosis since the say. he witch trials 1692. one reviewer wrote, his he's acknowledge original thicker in ancient text. you can't google his stuff because it's not there yet, which i the highest compliment this day and age. so welcome back the ungooglable, p.j. o'rourke. [applause] >> it's been a great year for political re