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Transcripts For CNBC Power Lunch 20170509

Is doing today. The good news its not down much. The bad news is its not up much either. A narrow range for stocks. Still, as melissa noted, amazon as well as apple keeps surging ahead. They are both trading at record levels. Believe it or not consumer stocks are your best sector today. If you own marriott, under armor mour or wynn resorts. Tyler . Brian, thankful. Welcome. Im Tyler Mathisen. Volatility not so much. All but dried up this year. Lets get straight to bob pisani at the new york stock exchange. The fear gauge hasnt been this low in a quarter century, bob. Reporter lets take a look at it, tyler. Why is it this low . Its not that surprising. Theres a couple of things happening with the vix. Tamm p tampening down volatility. We have advances that are making markets, more hedging methodologies, more ways to buy protection out there that is tamping down the volatility. Keeping rates low and essentially encouraging people to buy equities. And we have the fact that risk is lower,

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