sotheby's. let's get to the opening bells. as we are poised for a rally. you hear that bell right here. s&p 500 looking pretty green.was monogram residential trust ringing the bell, celebrating an initial public offering today. over at the nasdaq, fast casual burger chain the habit restaurants celebrating its ipo. >> people love that one. i got a lot of outpouring when i said i didn't know it, it's regional. they do love it. it's not in and out, which is another one. we are getting two things that haven't happened here. ross stores, great quarter. retail and oil go up. people said oil went too low. retail's got that tail wind additionally of employment. this is the best of all possible words moment. >> right. >> europe's got some religion. china, we've been waiting and waiting. >> guess we've been waiting. right. china is much more about the commodities story. it's not a great deal of incoming demand in terms of on the consumer front. it's almost reverse, about 33% of the economy versus 67% here. >> one of the things people have been talking about is china has been importing. it's very difficult. 500,000 barrels les