With the Fed raising rates, the more speculative tech stocks start to fade and the good-old favorites come back in style. I think investors are going after safer but still strong companies.

Technology has the strongest growth rates. These companies grow 20, 40, 50, 60 percent; the broad economy just doesn't grow that fast.

Technology is working and part of it is why the rest of the market is not working. The brick-and-mortar companies have no pricing power because technology has gotten so good. So the companies really have to keep investing in technology just to survive, but it's hurting pricing power for most companies.

Thank God for YouTube. Every Thanksgiving, I'm bombarded with 'Turkey Lurkey Time.'

The whole cast of 'Company' was invited to Hal Prince's house. This is one of the highlights of my life. We all sat in the living room. Sitting on the floor, I was right by the piano.

When I first walked into 54 Below, I had this kind of deja vu experience and tried to imagine what this was like back in the day when I would come here at night after doing 'A Chorus Line.'