let's turn to sandy lincoln for some answers. 's chief market strategist at vemo asset management. sandy, welcome back. good as always to see you. what do you think? is the market in a healthy place right now through the year end or what? >> well, it's certainly in a healthier place happen it was in august and september. that was a pretty rough tour. and i think a lot of it was as the intro said, a lot of it was laid at the doorstep of china and obviously the currency devaluation and that sent markets tumbling and then in september when everybody was expecting the fed to potentially raise rates they not only didn't raise rates but they doubled down on the china syndrome mentioning that as a potential drag on the economy as well and part of the reason they didn't raise rates. so with the year to date numbers into early october, tyler i think the s&p was off 6% or 7% in negative territory. now we made all that ground up as your intro set up very nicely and we're up for the year with this big return we got in october. >> is how much

joining us is tim ang and sandy lincoln, chief market strategist. thank you very much for your time. tim, what are you expecting from tech this season? >> well, tech is going to be very much of a market that's divided, mandy. in short, techoverall is supposed to be coming in at about a 0.2% earnings rise, but you have to differentiate between the different sectors. it's going to be difference between storage and capacity, which is going to look a little bit better. the hardware is going to look much better, but i think it's also going to be one that's very much event driven. look at the announcement this morning, microsemi making a bid for sierra pmc. you sue taw the surprise with michael dell making a bid for emc. storage is attractive, vis-a-vis some of the semis and some of the other sectors. >> you make an excellent point, that you really do have to look at the subsectors. you can't lump under one umbrella. sandy, do you like tech at this point and which subsector and how much of a focus will the strong dollar be as a headwind this season? >> we

camera shot, upper and lower level doing fine, lincoln tunnel and holland inbound okay, ben and juliet. ben: this week marks three years in superstorm sandy had our area. lot of people. boardwalks have been rebuilt, see walls erected, days cleared of debris and thousands of homes restored. however as many folks know the rebuilding effort is not finished, there is crucial work to shore up the infrastructure, that is ongoing and a lot of people still have serious needs when it comes to their homes being repaired or rebuilt but there's validation for people who complain of federal flood insurance program shortchange the. the mouth of roughly three of five national flood insurance policies of beholders are entitled to more money which is very good news. ben: after a monthlong feud between city and state the mta has approved the five year, $29 billion capital plan that calls for new train cars, buses, updated signal system and work on a new fair payment system to replace the metro car. among casualties of this deal, $1 billion cut in funding for the next phase of the second avenue subway. i thought the $29 billion was generally would they were

lincoln tunnel, no issues on 495. trains are running on or close rules are in effect today. >> strong memories of superstorm sandy have chokes preparing for hurricane joaquin. liz: damage and still be seen from sandy and a vivid reminder has folks preparing for the worst, teresa priolo has the latest from belmar. >> i can't believe it, to prepare for the hurricane again. we survived sandy and now we are not looking forward to this. >> reporter: not again. it has been three years in superstorm sandy board down on the jersey shore town of belmar and yet it is too soon to think about the possibility that another hurricane could be heading this way but that is the spot these residents find themselves in this morning. >> stock up on canned goods, batteries, candles. >> reporter: bulldozers piling sand barriers, pumps during beautiful lake como, bringing the water as low as it will go. a category 3 storm last night despite the fact joaquin is still hundreds of miles away with an uncertain path, residents here are not taking chances. >> i don't think you have to go crazy but make sure you have water, flashlights, things like