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here. we'll have more from what he said, and many investors still licking their chops. >> yes, they are. the banks are helping to lead this rally. morgan stanley ceo james gorman facing scrutiny today at his shareholder meeting. and one week from today is the big one. that huge vote that potentially could separate for jamie dimon the chairman and ceo-ship there at jpmorgan chase. >> and what the bank is doing leading up to that too. and the white house battling scandal politics. eric holder ordering an investigation into whether criminal activity took place at the irs. there's also...

probably see -- we'll continue to see volatility. you know, i mean, for traders, it's good. >> sue's going off to get ready for the next hour which will start momentarily. harry dent is coming on in a little bit. still a super bear. he still feels we could see 3,300 on the dow in the next couple of years. >> oh, please. you know what? i'd love to sit down on the panel with him and give him reasons why -- >> what's the other side of that trade? >> the other side -- >> why wouldn't that happen? >> why wouldn't it? the economy is starting to improve. we're still seeing -- you know, you'...

on wall street. it is a new day. october 19, 1987. >> oh, i see. so many meltdowns ago. >> exactly. we welcome you to "power lunch." i'm bill griffith. michelle is off today. not feeling well. we hope you're feeling better. the stock market is trying to stay above the dow 10,000 market at this hour. investors are waiting for tech giants apple and texas instruments. they'll be reporting ahead of the bell. we'll have that coming up. is this the beginning of a new federal crackdown on hedge funds? the justice department no longer going after smokers and dealers of medical marijuana ...