pete lang, lang capital president will tell us why he be playing defense. he will explain how he is doing that. phil streible down in the pits of cme. look, the 10-year went back above 2.45ers. suddenly equities picked up bit. what about last hour of the markets where suddenly we went from all red to green, phil? >> oh, sorry. i didn't hear you there. a lot of the commentary was out of fed president bullard. we saw him come out and they reiterated some of their inflation targets were not that far a way. the employment situation was improving and a lot of economic data we've recently seen has been quite encouraging. it was really that commentary drove it up. we have expiration with stock options. market was trying to target the 1875 level. get back up to there. that's where we saw a lot of puts and calls. options expiration drove it for a target and i think the commentary pushed it on up. david: cathy, do you think the move on bond will change? do you think we'll see a move out of bond next week into stocks more? >> yes. i actually think this week the bond m

lang. >> triumph group. it's a laggard in the aerospace industry. >> okay. doc? >> pbf. this is a refiner, judge. i'm buying it. and i own it right now. >> okay. pete?e you watching today? >> gt advanced tech, scott, because of the sapphire and what's going on with apple, i think the stock's going higher. >> josh? >> "clash of the financial pundits," this is the number one book in investing out right thousand. buy it immediately. >> what's your real trade? >> applied materials, mentioned it earlier this week. i think it's in breakout mode. >> we're going to continue to follow this move that we've seen in interest rates. the ten-year note yield is certainly in focus. lowest levels now in just about a year. got to go back to last june or july as that note -- there it is -- the top of your screen, hit 241 earlier today. that does it for us. "power lunch," i'm certain, is going to talk about that. we'll see you tomorrow. "power" begins now. >> "halftime" is over. the second half of your trading day begins now. >> all right, we certainly will be talking about that this hour. scott, bond yields down. what is going on here? the dow transports hitting a new