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Transcripts For CNBC Power Lunch 20151023

200mileanhour winds and its heading right toward mexico. Were tracking this very dangerous situation. We begin with the rally on wall street with another big rally. This time its thanks to a rate cut by china and also some very good earnings right here at home. For the technicians out there, the dow, the s p, and the nasdaq have crossed above their 200 day moving averages with the s p now going positive for 2015 joining the nasdaq in that camp. The dow is still negative yeartodate. Were on watch for that as its up by 106 points right now. The s p is gaining by 0. 8 and the nasdaq is the clear winner, tech is leading the way up by nearly 2 for that index. Lets get more trading action this hour. Mary thompson from the nyse floor, but first Morgan Brennan, you have the big star at the nasdaq. I know. Its really the nasdaq has been soaring today, up almost 2 , 1. 9 , 94, almost 95 points to 5,014. This is First Time Since august 19th weve seen the nasdaq trading above 5,000. Thats when we

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