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this program is made possible by contributions to your pbs station from viewers like you. thank you. captioning sponsored by wpbt >> susie: good evening, everyone. stocks are back in the black. the dow and nasdaq rallied. so tom, stock market investors can say they finally broke even for this year. >> tom: but susie the s&p 500 index just missed that distinction. still, it was an upbeat end to the week across the board. the dow closed the day up 166 points, the nasdaq added 47, and the s&p 500 was up almost 21 points. this week, the dow checked in with big rallies three days for a ne...

this program is made possible by contributions to your pbs station from viewers like you. thank you. captiong sponsored by wpbt >> susie: good evening, everyone. stocks are back in the black. the dow and nasdaq rallied. so tom, stock market investors can say they finally broke even for this year. >> tom: but susie the s&p 500 index just missed that distinction. still, it was an upbeat end to the week across the board. the dow closed the day up 166 points, the nasdaq added 47, and the s&p 500 was up almost 21 points. this week, the dow checked in with big rallies three days for a net ...

this program is made possible by contributions to your pbs station from viewers like you. thank you. captioning sponsored by wpbt >> susie: good evening, everyone. stocks are back in the black. the dow and nasdaq rallied. so tom, stock market investors can say they finally broke even for this year. >> tom: but susie the s&p 500 index just missed that distinction. still, it was an upbeat end to the week across the board. the dow closed the day up 166 points, the nasdaq adde47and the s&p 500 was up almost 21 points. this week, the dow checked in with big rallies three days for a net ov...

when you have a year like 2010 when earnings were up over 30%, many analysts have been projecting much higher than normal, and when you look at the 12% or so increase year over year expected for the first quarter, that's great earnings numbers but a lot of people are going to be disappointed. >> tom: well, to that point, if we're expecting 12% we get 10%, still a decent number, but yet, the disappointment, as you know, and of course the market is about expectation. does this make you bearish on stocks? >> no, absolutely not. it makes me feel that our approach to ...

when you have a year like 2010 when earnings were up over 30%, many analysts have been projecting much higher than normal, and when you look at the 12% or so increase year over year expected for the first quarter, that's great earnings numbers but a lot of people are going to be disappointed. >> tom: well, to that point, if we're expecting 12% we get 10%, still a decent number, but yet, the disappointment, as you know, and of course the market is about expectation. does this make you bearish on stocks? >> no, absolutely not. it makes me feel that our approach to ...