. >> next, todd morgan explains why he thinks is stocks are still underowns, even though the s&p is up0% this year. >>> welcome back. less than ten minutes before the close and what the difference a day makes. the dow having its best day before the end of feb. the s&p having its second best day of the whole year, maria, right now. >> it's pretty extraordinary and we are at the highs of the day. i just got a note from art cashen from ubs, who's saying there's 500 million to buy right now. but with all of that, todd morgan says the stocks are still well underowned and sees a surprise to the upside. todd, young this market is undervalued. how do you figure? >> i think two things, i think, first of all, it is undervalided on an historical value, but i think it's underowned. and only 18% of the population owns stocks today and normally it's closer to 30% and it's a 30-year loan. if you walk down madison avenue and ask people what the stock market is, are they buying stocks, most people would tell you they're not. >> you don't think the retail investor's participating in this? >> it seems li