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And nasdaq all higher. Were close to session highs. So with yesterdays big recovery and todays big rally, is a panic selling nearing an end . Joining us is paul hickey of bespoken investment group. Good to have you with us. What is your take on how this market feels at this point . Obviously an up day is welcome after several down days in a row. This market, the day to day moves are more fickle than a 4yearold. So we get big up moves, big down moves. So i wouldnt read too much into this right here at this point. It is just again, welcome, we have been getting killed all week. Still down for th...

Haven assets. Gold rallying hard again today, jumping 2 , adding to this years gains. A big move in the tenyears. Investors start piling into the bond market. The yield back below 1. 8 . Are we seeing signs of the merge, and could it spell trouble for stocks, guys . Lets address each one of them. Utilities are doing well. Dans talked about it. People looking for yield. Lets back that one out. Gold has not sold off in any real way, shape or form over the last week or so, like it should have if in fact it were still in a bear market. The gold market is still intact. It feels like it wants to go ...

The action begins right now. Lets get right to it because the financials just posted their best day since november 30th, 2011 so as the rally in the banks signaling an all clear for the markets . Lets get into the money and find out. Dan, what do you say . I dont think so. Its obviously a very healthy rally. Saw it in the european banks and in the u. S. Banks and two pieces of news cause it and we started out morning with Deutsche Bank saying that they are going to buy back some bonds that have been, you know, something that people have been a bit worried about about their Capital Position and...

The original rocket man himself, Sir Richard Branson is ready to reveal his new spaceship that will take you to outer space and will join us in his options action debut today. What a week its been, the best week for stocks in 2016, in the books. One of our guys says its time to fade the rally in one standout sector and lets get the money and find out what that is. Im going to pick it off with you, dan. Yeah. I have a hunch these guys will agree a little bit. Had a great rally in the market off of very sold condition last week. A lot of risk off, things going on. A little bit of v reversal and ...

Welcome to squawk alley for a tuesday, jon fortt, Kayla Tausche and myself at post 9 along with investor jason who were going to check in with in just a moment. Some moderate chop as a pilot might say, dow is down about 97 points. Were going to get to jason in a second. First Morgan Brennan with some breaking news. Carl, thats right. Railroad headlines for you. Canadian pacific planning to abandon its proxy fight for Norfolk Southern according to dow jones, also mulling proxy revolutions to push norfolk into takeover talks. In other words Canadian Pacific considering a potential shift in strat...