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Good winks morning, welcome to squawk alley, cart qui ca quintanilla with jon fortt stocks off the lows, down triple digits a few moments ago on the session. Watching to see if this dip gets bought in the middle of the day. For that lets get to bob. Still down, off the lows, s p up 10 points from the open lets look at the sector, still defensive but moving to the upside banks a big down open but you can see they have moved in positive territory, telecom only sector on the upid. Cyclicals on the weak side weve been talking about slowdown in the Global Markets in the last six or seven trading se...

Getting restless this time of week. I am feeling it. Almost here. Anyone looking forward to eating at it and out. I have seen this. A little more. Football team, nine players sick. In n out Officials Say everythings cool and fine. Do you go back to that restaurant and eat even if the executives at in n out say its good . I do because its in livermore, hometown, i love in n out. What if it was a different town . Probably not. Interesting. I wonder if it will bruise or bounce back. It may take a hit. I will treat you double doubleto a investigations underway into two suspicious car fires in Cont...

The irs. A National Taxpayer advocate will testify before the house ways and means subcommittee. Consider reforms to the irs and hopeful we embark on a new effort to improve the agency that can work handinhand with members of both sides of the aisle, working together im calm that we can find Common Ground and make progress. Its important to emphasize our efforts to reform the irs should not be seen as punishment or criticism of the average agency. The mission is very important in every Government Entity whether its private companies can benefit from a thorough review and thoughtful longterm pl...

Fraud and Identity Theft. Congressman buchanan chairs the house ways and means subcommittee hearing. The Committee Meeting will come to order, the ways and means oversight subcommittee on irs reforms, Lessons Learned from National Taxpayer advocate. It has been nearly 20 years since Congress Seriously considered reforms to the irs. I am hopeful we embark on a new effort to improve the agency that can work hand in hand with members on both sides of the aisle working to find Common Ground and make progress. It is important to emphasize our effort to reform the irs should not be seen as a punishm...

Lunch starts right now welcome to power lunch. Stocks are lower at this hour. The dow getting another record intro day before the pull back health care attacked the best performing sectors S P Health Care 40 almost flat. Consumer staples off more than 1 good year tire, starbucks and mattel, the biggest drags on the s and a. Exxon, ge and dupont buying on the dow at this hour michelle, thank you very much welcome everybody. Tyler mathisen here. The fda announcing a plan to cut nicotine levels in cigarettes. Commissioner talking about this new proposal at a News Conference a short time ago. The ...