 Market sores just one day after the knee jerk selling over the latest in the tariff battle. It's still momentum, but the major averages right now. We're talking up five of the last six sessions. The NASDAQ, believe it or not, at a new all-time high. And the S&P 500 at its highest level since Groundhog Day. Technology back in the driver's seat. But the question really right now is, is that going to be enough really to have a wider swath of this market climb? Let's ask our panel. Melissa Armo, a stock swoosh. Erin Gibbs, S&P Investment Advisory Services Portfolio Manager. And Paul Schatz, Heritage Capital, LLC. President Paul, great to see you. You too, my friend. All right, so, you know, it's interesting because the headlines are always bad news. The headlines have been doom and gloom, particularly as it revolves around the whole trade situation. But here we are. NASDAQ is at an all-time high. S&P not too far. Russell not too far. And it looks like the Dow has one breakout away from also getting back to a new all-time high. Are we in that phase now? We are. The last time I was on was right at the February lows, so I hope I'm not jinxing it and coming out of the peak. But I said at the February lows, everything's going back to new highs because bull markets don't end like the peak we saw in January. So we've seen it. You said NASDAQ mid, smalls already at new highs. I've seen new highs recently. S&P's coming. I think this month, early August, the Dow is going to take a little longer. But I do see very early signs that the Dow is beginning to outperform. So the indices look pretty good for a further surge. The sector leadership is a little concerning. You know, banks kind of stink. Discretionary is okay. They're very good. Transports and... Well, transports are really a problem. Discretionary are fine. I want to pick up on that because... The banks are the troubling part of this. And I know earnings are coming up right now. Yeah, we're going to talk about banks in a moment, but I want to pick up on this sort of idea that there's rotation, right? It's steady rotation and there's always like one leadership group. You know, normally techs, but there's also these other areas that are dragging. I was in love with the brick and mortar retailers. They made big moves. They're starting to slip here just a little bit. You know, Paul just mentioned transportation. Delta had a pretty good number, but the valuations on them are so cheap. And yet it still feels like when money pours into the market, it pours into the same names. It does. And this is something we've been talking about. We're concerning. Look, we still expect the market to be up for the year, but this bifurcation that we see in the market, particularly between value and growth, your tech and financials, anything that pays a dividend, it's a disaster this year, REITs, utilities. So... And they're the ones that are like really... The growth is what's really driving the market. And we would like to see better breath to really feel more secure about what's happening right now. Yeah. Melissa, the breath has been an issue. What do you make of it? Because I know you were saying wait through the summer for the most part before this market takes off. But it might be taken off a little sooner. Tomorrow is a very important day for the market. We are so close to hitting 28,000 in the S&P, and that's the level that we will shoot up like a rocket. And we could do it tomorrow. In fact, if we don't do it tomorrow, we're not going to do it this summer. So what will create us doing that tomorrow? The banks reporting well, not only gapping up, but running and rallying, which is what they need to do. We did well today, but it's because Amazon. Once again, tech. Amazon made new highs today, but the banks tomorrow are so critical. Speaking of the banks, these are the... We have four banks reporting tomorrow, four financials. But today, we have one of these regional banks report. The stock was annihilated. And all of a sudden, Aaron, the regionals, which were sort of a strong group, they're down 7% since June's high. And you wonder why are banks underperforming? And to Melissa's point, is it critical that they show up tomorrow and beat these numbers? I think it's more about guidance. I mean, we all know 1-3-4. Sure, but is it critical that they give us strong guidance? Absolutely. And look, it's going to be tough. We know with the flattening yield curve and the outlook, it's going to be very difficult. And I think it's not just what we're going to see in the next two quarters, because we know that they're going to do like in the mid-20s for growth, like 23%, 24% growth. Where the concern is, and I think what's really holding them down, is that 2019, we're looking at like 11% growth, just like half of this year. And so I think it's really looking farther forward that we have to meet. Paul, I want to ask you about this, too, because we kick off earning season. We've got four big names, including Citi. All of them have really been under huge pressure this year. So are you confident that they can sort of, the bar's low? Can they get over the hurdle here? So two things. One, let's not forget that the NYSE, New York Stock Exchange, advanced the climb line more all-time highs this week. So the rise in tide is lifting all ships, but to a different degree, the banks are one of them. The banks really are stinking up the joint. Tomorrow, to me, what's important is not the guidance they're going to give. To me, if the banks go up on bad news, there's nothing more bullish than that. You open the segment by talking about the market going up on bad news. If the banks can rally on bad news, on bad earnings, on not so wonderful guidance, that means a bell ringer that they could lead the next leg higher. We'll leave it there. I think I've got a novel idea for them. They should start lending money. That might help them, too. Hey, thank you all very much. Really appreciate it. Meanwhile, Trump's trade tariffs has everyone pushing back. Even the Republican Party. But I continue to say, take a look at the list of the things that we're importing, those $200 billion. Why can't we make some of that stuff in America? I'm going to bring in two experts that may have the answer next.