we are looking at the range between 2600 or the buyers have stepped up eight times telling you valuation and other factors are attractive for them. up2800, the sellers stopped stepped up. plus, overbought conditions starting to ram down, telling you momentum is fading. that thisorry is monster rally, the uptrend is reversing. the pilot trend is to show when it is reversing. the stoxx on the close today could and lower lows, suggesting we could see something similar for the s&p 500. you always want to look at symmetry in this chart. range,we go down in the it appears we would match the lows of last year. closer to the 2600 level. bearish technicals for the s&p 500 on small declines. emma: i m looking at the small iss, the russell 2000 outperforming the s&p 500 s year, getting 14% compared to than 11% gainss on the year. if you look at the performers of the russell 2000 versus the s&p 500 on a daily basis, you can see it has outperformed him and to a higher degree. if you loo
advance. for now, we want to go to our reporters to get a sense of what they are tracking. taylor: i m taking a look at small caps, the more domestic stocks that are insulated a little more from the trade wars we re talking about. the small-cap stocks in the russell 2000 finally posting their best performance relative to the s&p 500 going back since august. you have the russell 2000 up about 8% so far this year. jpmorgan said small caps look more attractive than he has seen going back 18 years jpmorgan s head of trading. a s exciting because you had weaker dollar this year. to see ifg a look small caps can make a rebound. lisa: i m looking at venezuela, bonds in particular. they have already defaulted, but they surged the most in six months when it became clear that the venezuelan opposition leader was gaining support from the likes of president trump, not to mention other leaders in the region. you can see the bond popping up and keeping their gains throughout the day with
he didn t clearly say anything like we are changing our world view. knowledged risk acknowledged risk. caroline: he was sort of pushing back on what market he would look at. saying not one market would dictate their choices, or one they would look at more than anything else. let s dive deeper into the market action and get the perspective of luke starting a soft. i m looking at something that, at the end of the day, kind of unchanged but had a volatile day. the u.s. dollar spot index. i m wondering how it has remained firm for the past few months, even as we see expectations for fed hikes go from a little over two to far less than a half. the white line is fed expectations implied tightening for next year. the deal line is the x y index. the yellow is the real two your rate. two year rate. and elevated to your real is at cycle highs. why thented to know u.s. dollar is doing well, the rest of the world looks bad, two, rate support, and three, the growth expectation next
loggerheads. scarlet: we are looking at a market closing with little change. about 27 points and the nasdaq is falling about a quarter of 1%. caroline, you have imap on your bloomberg. more of a defensive posturing here in the market overall. telecom, health care doing better, financial and tech was a big drag. tech is the quarter of the pie there. caroline: apple is falling on the back of a lackluster event in the store. andyone already anticipated bloomberg scooped what apple would be telling us today. energy is up. mike, give us a sense of the anticipation of the hurricane hit and how that makes trade more exciting underneath what seems to be flat benchmarks. mike: for the energy sector, that is the case. it is not a hurricane that will recap make on the energy infrastructure, but whenever you are even waiting one million people, that is an unexpected boost, short-term boost in demand for gasoline obviously. caroline: is that what is helping consumer staples and consumer d
reporter: since that first robbery agents say same guy has rob nine other banks across bucks and montgomery counties as far west as limerick. he answered wearing surgical gloves and small black semiautomatic handgun drawn. fbi says he operates very carefully, they believe he watches bank locations and does research before pulling off a robbery. once inside allegedly tells bank workers to be quiet and if they give him money they won t hurt him. whitpain township police drew this sketch after a witness saw him removing his mask after a robbery in january 2014. agents caution while nobody was hurt. he is armed, dangerous. he could be violent but most of the things are very professional, very calm, and quiet, give me money, i just want the money that kind of thing. never i will kill you. but the gun has been out and brandished a few times. reporter: now again, fbi says that over the last four years there have been ten bank hits. he usually strikes late on a friday right bef