Title: Stocks drop today

" Jill -- chief investment strategist at adviser investments and editor of fidelity investor dot com evening Jim good inherited a -- good mood right we -- the good news today and that earnings reports let's start with apple."

" Well yeah -- blew through our top and bottom line expectations and as a result of one of its best trading days. On the street it was basically heading towards the red zone for most of the day. The reality is that apple delivered the kind of is that we need to see. If not does that start with this overall remarkable rally is going to support what happens to plant itself. It has shown demonstrably the consumers are willing to spend not just on any item but on premium priced items. And not just in drips and drabs and unmasked so really a very robust. Report from apple. Intact Texas Instruments also with a positive news today. Yeah and McCain is at a Texas Instruments wasn't so much the fact that they beat on the bottom line of it was really about their forecast. Signaling and echoing what we've heard from Intel that not only is a recession over but the recovery is about to get underway. Had much the same scenario for of one of the Bellwether stocks that tells us whether. People -- building things -- caterpillar no question about it blew through a bottom line expectations a lot of it's good news was on cost cutting but. Again it was up to it's forecast really be able to -- through some -- pessimism and it -- is suggesting that -- seen signs of a global recovery and the market is definitely keying in on forecasts like that one more KO -- Coke -- sales fizzled a little bit nevertheless is a global bellwethers really did not disappoint. And so we've begun to see a pattern coming through from the earnings especially the multinational earnings that we're seeing. Not just simple recovery but we're really prospects for profit Deborah from the sunshine to the dark side -- cloud over the street today housing starts beyond housing starts certain key leading indicator not only for the housing market have right but also for. All the knock -- for furniture builders and anything to do with. Furnishing house so it was disappointing it was up a little bit but not up as much as expectations and against the backdrop. Of yesterday's builder confidence. Report which came in below expectations. There is a sense that maybe the housing market's recovery is about to stall. And finally what to watch for more earnings bill bill more big names coming up here's oh absolutely every tomorrow we have he day we have Wells Fargo. At the end of the week we have Microsoft and whirlpool. And along the way. We get the Beige Book tomorrow key accomplishment economic data. As well as mortgage application so it's gonna be a very busy week. And the market and -- volatility -- pledges that I forgot one after the bell Yahoo! reported I think you -- reporting. Again -- a remarkable report for really driven by cost cutting nevertheless the stock up measurably. In the after hours there really is optimism attend in the technology sector is a hole that optimism has basically been yearlong and I think deserves."

" We'll leave it at that our market -- tonight Jim -- from adviser investments and fidelity investor dot com thank you Jim thanks Saturday."