means for those two stocks >>> the online resell market is heating up you've heard of the company poshmark, the payoff has doubled. the ceo will be here to weigh in on that. "power lunch" starts now >>> welcome to power hundred mp. it's a record day on wall street the s&p 500 notching new highs when tyler mentioned the dow and nasdaq are in striking distance. the nasdaq about 13 points away from that mark kelly. >> all right thank you very much. for more on what's sending stocks to new records today, let's go to bob at the new york stock exchange bob. >> three things that are really mattering right now. number one, trade talk optimism. number two, the federal reserve cutting likely for the third time this year, this week and finally the consumer holding up well i think the consumer holding up is the key to all of this. i looked at the earnings calls for the 40% of kpacompanies that are reported so far, very clear. the consumer is holding up well and there's no concerns about a recession in 2020. richard seeing the capital one ceo. i think the u.s. economy and consumer is in pretty good sha

dagen: poshmark the real, real crowded for real, real being specifically focused on luxury, how do you. >> yeah the real -- 50 to 100 brands we sell 35,000 the big difference is price point so their average price point several hundred dollars our average price point under 20 dollars differentiator we think much large set of customers in sense that anybody can afford to shop on it, lurks companies -- >> what is likelihood any one are sold. >> we don't do men's. >> you are out of luck about. >> [laughter] >> we sell everything -- >>, yeah. >> we sell everything put on line we use form amount of data to figure out how to price items so a hundred itemize selling all hundred how we price them is backbone technology we but we learned if something not selling price next item differently that is what drives margins. >> i am getting something. >> absolutely. >> might not sell, i sold a lot on the real, real sometimes don't sell get then the to shift store poshmark what is difference. >> partial microlike ebay he peer-to-peer, our daeflgs a cleanout bag make it easy so i think that is the big di

means for those two stocks >>> the online resell market is heating up you've heard of the company poshmarkbled. the ceo will be here to weigh in on that.