joining me now is kari firestone and regular feature on the halftime report. kari, good morning the one thing we'll start off with is whether or not you feel good about this seasonably strong time of year with stocks. are we down enough to see a year-end rally >> hi, dom nice to see you. we had good momentum a couple of weeks ago that gave us a sense there was going to be a real rally at the end of the year of the we had the day with the cpi which came in light and s&p was up 5.5%. nasdaq up 8% we had trouble following up on that what is important to look at perhaps 50-day moving average still above it for the s&p we need a couple of strong days to carry this forward. it would be greatif we saw thi this week. it is a short trading week >> with the short trading week, there have to be in the coming days and weeks with the strong time of year are more on the radar. take us through your picks you are a stock picker by trade. i like to know what is on the list >> the first thing i would say is it is a little early to be too aggressive on adding risk. the market ha

joining me now is kari firestone, chairman and ceo of asset management and cnbc contributors there's a lot of conversation around the fed and what's going to happen. we pretty much know what's going to happen at this stage, but what does it mean for markets? do we still v a way to go before things bottom out? >> hi, dom of course, this is the big day, and everyone is going to be trying to read tea leaves. the market with an inability to do that exactly is going to continue to trade within a range. that's where we've been trading for many months, and on days when the market feels optimistic that the fed is going to slow down the rate increases or the economy's slowing but not going into recession, we strayed higher, and on the days where people become pessimistic, that higher rates are going to go on for longer and the economy maybe is a little bit stronger and there's too much demand and inflation will remain in place and the fed will remain tough? that's when the market trades down so the strategy should be to try to find a comfortable place when you're in equities they're buying la