maybe a halloween timing neil hennessy with the hennessy funds. thank you as always. we appreciate it >>> going to take a quick break here energy is one of the only bright spots today with crude coming off its fifth straight positive week and sitting at three-year highs. >>> up next, a look at the energy rally and particular names that could benefit >>> plus, a record year for cyberattacks amid a spike in global hacking activity. we will speak with ceo of a cybersecurity firm as the corporate name changes today here is a look at the sector in the lead, tech is the worst performing, utilities are in the number two position. we are back in a moment. >>> this is "the exchange" on cnbc e emergency medicine possible at 40,000 feet. instead of burning our past for power, we can harness the energy of the tiny electron. we can create new ways to connect. rethinking how we communicate to be more inclusive than ever. with app, cloud and anywhere workspace solutions, vmware helps companies navigate change. faster. vmware. welcome change. working at recology is more than a job fo

. >> we actually talked about it with neil hennessy yesterday, i believe it was him it might have beenry james the day before but tell me why you see estimates heading down you know, we are used to people kind of setting estimates low and then moving higher as the quarters approach. what is going on there >> yeah, that was what part of my bullish thesis for most of this year, i set my models to update every friday. every single week that s&p 500 2021 estimate went up. it started at 163, went all the way to 203 by the beginning of september. 23% increase so really the rising earnings estimates were driving things up, but then it stalled in september and it makes sense the comparisons are getting harder for tech. that's leading revisions to go down because it is a rate of change indicator, right. if the numbers aren't going up, that starts to fall. it is like ism, for example, and then the staples sector is coming up very hard. that's concerned about input costs, commodity costs and the like so, you know, we've just reached a point where the comparisons are much more difficult, and this