spx. they report on august 1st. the stock has been on fire. i think it's on fire post earnings, as well. >> that does it for us. interesting start of the week on wall street ahead of many big events and "power lunch" covers it all right. "halftime's" over. the second half of your trading day begins now. where have you been? i'm waiting for you for hours. the dow above 13,000. we are up again today. this would break a long streak of down mondays. can you trust the rally? if the answer is i'm not so sure, we have ways to protect yourself. a tri fefecta this week. a jobs report the end of the week on friday. we'll get you ahead of the game. corn, wheat and what you eat. both commodities up again today and we'll get much more on the drought of 2012 and whether

there's a sign of relief in the weather. first to sue at the nyse. hi, sue. >> hi, ty. good to see you. can you trust dow 13,000? kim forest of fort pit capital, jeff cox of cbs innocent come and we start with steve gilfoyle. can you trust if move in the dow? we have seen this before. >> yeah. well, you can't really trust it. not that it will break but how can you trust a number we got over on friday on rumor. and with so much to look at this week between the central banks and the data coming out. >> that brings me to the bond market because it's telling a different story than the stock market is. we see move to record lows next week. when's the bond market telling you and which market do you think is right? >> well, you know, the bond market telling me there's a move to the safe haven and saw spanish yields today, as well.

>> that's a mixed message right there. i think given this week, you have to be nimble to quote arthur cashin and day by day. >> what about the s&p? you say you focus more on the s&p than the dow. >> i certainly do. >> with 1388 the level for the s&p. pivot level today. if we stay in the range, then game's on for the rest of the week. >> steve, thanks so much. >> you're welcome. >> appreciate it. ty, up next to you. >> jeff cox, jeff, we saw a note from morgan stanley today and basically said we can't find a reason, it is impossible right now to be bullish. why? the markets are up the last couple of days. down a little bit now on the dow. >> a couple of things, tyler. history. we have been to 13,000 before. we lasted three weeks the first time. two weeks the last time. history doesn't suggest well for the duration of this.

$9 billion out of equity funds last week in the rally. second problem is earnings. look at the top line earnings piece. 40% that we're beating as far as revenue goes. finally, gee politics. mario draghi is not a magician. big problems still over there. fiscal cliff coming. plus, they point out in the note of morgan stanley election problems and writing about that this afternoon. markets may be making a bet on mitt romney here. >> counter argument would be the idea that draghi will do something. maybe bernanke trying to help the economy. we shall see. thanks very much. how do you play the dow 13,000? pardon my back. i did a per wit. what is your take? >> i want to be right so here's the thing i want to be in the market. i don't know which direction it

is going. what do i do? i look for out of sector opportunities. that means that the sector is not doing well. maybe people are selling that sector because they don't see any promise in it. and you look for a great company in a terrible sector. >> companies would be in. >> we are looking at retail and a restaurant in there is wendy's. they have a turnaround story. they have a new ceo that's empowering them to make some changes. and what we really think is going to happen is people are going to trade down from panera, five guys and find some good, fresh food at wendy's and the right price so we're believers right now. >> man, you can get a share of stock for less than you can get the wendy's double burger there. >> buy a burger and stock. >> my money's the best burger out there. appreciate it. dow climbed back above the

13,000 mark. here's our question. do you think the rally will hold? go and vote. i mean right now. to finance.yahoo.com. we'll have the results for you later this hour. sue? ty, this week may hinge on three big items on the calendar. fed meeting tomorrow. meeting of the european central bank on thursday and then the fed report on unemployment on friday. steve liesman, when's the key driver for you? >> you know, i looked at the market action this month and it's easy to see the market is most tightly wound to actions of the european central bank and more so than the fed and depending upon whether the jobs number comes online. that's that hill on your left there. but that rally faded. the bigger jump after mario draghi said last week to do what

it takes to save the euro. those comments echoed friday and today the treasury secretary met in germany and their statement took note of the comments to take whatever steps are necessary to safeguard stability in the euro area. a reuters survey this morning says the ecb will restart the purchase of debt. in's the speculation of traders. a slight minority say thursday. traders are looking for sovereign bond purchase, negative deposit rates and long-term repo operations. investors here split over whether bernanke will announce another round of quantitative easing this week or see more data and that comes in september. there's considerable skepticism any fed action will do any good. >> i think the fed wants more time and they want to see if this friday's jobs report, which we think is 115,000, that's the projection for payrolls and see

the august employment report, as well. >> riding slightly more optim t optimistic than the street on jobs. they raise that up from 90,000 last week but last month's was 90,000. reuters looks for 100,000. the government seen losing 13,000 jobs. the unemployment rate seen unchanged at 8.2% in both surveys. bernanke on the hill tied future fed action most closely to the look for jobs. it's done little but raise concern about the outlook and heighten the expectation for policy, tyler. >> thank you very much. we're taking flight and boeing 787 isn't. more problems for the dreamlynner and shares of boeing down at 74.73. >> we have more questions than answers regarding a runway fire with a dreamliner that was doing taxi testing in charleston. they were testing a new

dreamliner and boeing and ge, the maker of the engine and the ntsb looking in to what happened with this engine failure that sparked a runway fire. for general electric, this is a big deal because ge has about 100 of the genx engines in service. they have 1,200 orders for the jet engines. looking at shares of general electr electric, a huge part of the company. remember, the genx engine on the majority of those dreamliners ordered and a rolls royce they can choose and sharing of boeing, as well, listen, we have problems again with the dreamliner but keep in mind they're looking at the engine and why the engine failed. this does not appear to be a dreamliner related issue but again they're trying to sort things out in charleston what happened.

sue? >> thank you very much, ty. phil. i almost called you ty. let's go to kayla with a market flash for us. >> watching shares of whirlpool bouncing on a headline saying that the u.s. applies anti-dumping and these duties from the u.s. commerce department setting $33% to 72% on machining coming in from mexico. you can see whirlpool shares up about 34 cents on the headline as the news was coming out. sue? >> thank you very much. take a look at this video. because this is video of capitulation. the drought of 2012 has beaten this farmer in adams county, illinois. corn farmers are instead of picking it up, mowing it up. quitting for the season. the drought has pushed prices to record highs this season. biggest monthly gain since 1988. up almost 3% today alone.

>> mike sieidel is with us from the weather channel. is there relief on the way? >> not really. st. louis had some rain yesterday, tyler. and for only the second day in july, didn't get to 90. severe drought, extreme drought all up over the past week. i don't think we'll see any big changes and did get some rain over the past four to five days. here's the current temperatures. the numbers at or above the average highs for late july. 89 anyplace. anyplace has set all kinds of records including today 27 days in july at 90 or higher. never seen that many days any month on record back to the 1800s. st. louis with a bit of a break today and getting hotter. little disturbance in the upper midwest. tyler, little if any rain today in the corn belt. hot and dry. evaporation rate is up and with

the latest crop report at 4:00 eastern no doubt the numbers are going to be worse than last time. 104 tuesday in st. louis. so you know the corn belt is going to be suffering from hot and dry weather. no real chance for rain tuesday or wednesday where we need it. we may have a little bit better chance of rain later in the week or this weekend but, tyler, for many farmers it's too late. many of them plowed the crops in to the ground. soybeans doing better. >> great to see you. to the campaign trail where the presumptionive republican nominee mitt romney overseas. but it's what he said about taxes that may end up being the headline of the trip. john harwood covering the story live in washington. hi, john. >> reporter: hey, tyler. there was a lot of attention to mitt romney's comments in london about the preparation of that city for the olympics and generated a lot of blowback and may be more legs to what he told abc in israel about his taxes which as you know is a live

issue on the trail. democrats pressing him to release more. he's only released one year, 2010 paying ining 13.9% tax rat. david muir of abc asked him if he ever paid a lower rate than 13.9. here's what mitt romney had to say. >> i haven't calculated that. i'm happy to go back and look but i my view is i have paid all the taxes required by law. i don't pay more than are legally due. frankly, if i had paid more than are legally due, i don't think i would be qualified to become president. >> now, both halves of that formulation i think are going to extend the questions about taxes, both the fact that he said he couldn't remember whether or not he had paid a lower rate than 13.9% and also just disclosing the fact he was audited and his aide told me this afternoon he paid no fine

or penalty from that audit but that's going to fuel the obama campaign's effort to raise questions about that among voters, sue u . >> indeed it will. it's being billed as the trial of the century. apple versus samsung. did samsung rip off the iphone and the ipad? before the break, five big monday movers, all to the upside. the standout is united technologies up 1.5%. olaf's pizza palace gets the most rewards of any small business credit card! pizza!!!!! [ garth ] olaf's small business earns 2% cash back on every purchase, every day! put it on my spark card! [ high-pitched ] nice doin' business with you! [ garth ] why settle for less? great businesses deserve the most rewards! awesome!!! [ male announcer ] the spark business card from capital one.

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welcome back. we're taking a look at shares of lowe's corporation. ticker is just the letter "l." down more than 5% on negative earnings. of course, lowe's is a bit of an amalgamation of holding insurances. you can tell that it's not the time for those companies in a weak macro environment is not helping. back the you. >> kayla, thank you. let's look at a chart of natural gas. it's up 5.5% on the trading session. ty? sue, apple, of course, all over the headlines today about twitter, about samsung and take a look at the stock. up almost $11 a share. $596.14. up nearly 2% after last week's

earnings disappointment. we start, though, first with the twitter news and a lot of buzz over the weekend from that "the new york times" report saying that apple and twitter have been in talks. there's no indication a deal is in the works or ever really was. just the thought of the two connecting continues to fascinate. doesn't it, julia boorstin? >> reporter: it absolutely does, tyler. there are two reasons why there's so much interest in the relationship. first, apple needs a social strategy and twitter is increasingly powerful as consumers shift to mobile devices. after the music service fell flat, they have worked to make the gadgets social. just last month, apple announced an agreement of facebook software in to the iphones and twitter's power continues to grow. more than 140 million monthly users with traffic suggesting that social connectivity may be

as important as content as iphones. and apple and twitter are natural allies as other giants make big bets on mobile. microsoft has a strategic investment in facebook which launched an app store to rival apple's. without an arrangement, building the current sbe gaintegration ca win-win. >> thank you. heading to a california courtroom today. the battle over patents and the stakes could hardly be higher. ina fried is joining us now on the telephone that jury selection just started. welcome. the battle is certainly a tough one between two of the biggest players in the business. there are a lot of other disputes like this or pending but the size of this i think and the players is when's really

focusing this -- all this attention, is it not? >> definitely. you have the two biggest players in smartphones facing off and deciding to go to work than find a way to work together and this is a big deal they're leaving in the hands of, you know, a jury. >> all right. what are the monetary stakes for each side? can you run them down? how much does apple stand to lose? how much does samsung stand to lose? >> sure. for apple seeking at least, like, $2.5 billion in infringement on a variety of phones and tablets. samsung is suing apple and royalty on each device sold. probably less. it's more to the way that wireless standards are so these are the type of patents that typically have to license whereas apple is looking for injunction to block the sales of future samsung devices and get significant money on the

inflinging phones and devices that samsung sold in the past. >> is there an outcome that's better for some of the other players involved in all of this? some of the suppliers or the other companies that may have patent disputes pending? >> while this is apple versus samsung, it could be seen as apple versus android. if apple is can he feel in this case it would certainly potentially affect other players like htc google and things that they're alleging is part of android. >> you mentioned the jury selection shaz just begun. what type of people have you been seeing coming in? do they have a background in technology that you know of? what do we know about the potential jurors? >> well, literally just been let in to the courtroom so we don't know much on them. they look like an average jury

and you're asking the average layperson to decide very complex technical stuff in the patent cases an one of the surprising things of the legal system that these cases are decided by an ordinary jury with no particular necessary experience in the area. >> all right. thanks so much for joining us. we hope you 'll join us again soon with more news on the jury or the outcome of the trial. we are analyzing the analyzers next. they're getting analysts' ateng. should they get your portfolio's attention. before the break, five more monday movers, again to the upside with a 3.5% gain in roper and supervalu is up 10% on the trading session. diarrhea, gas, bloating? yeah. one phillips' colon health probiotic cap each day helps defend against these digestive issues with three strains of good bacteria. approved! [ phillips' lady ] live the regular life.

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welcome back to "power lunch." look at shares of lu fkin industries. falling over 21% as the company is trimming the full year guidance over a dollar on the highest end, cutting the full-year eps view. that is revised due to labor unrest in argentina with operations and saying the current operational challenges continue throughout the year. tyler? >> thank you. $12 move in the stock. wow. let's analyze this with kim

forest. are you ready for this? >> i am. >> we'll go fast. the firm noting eps expectations may be too high. shares of the stock up about 8% so far this year. you disagree or agree? >> i agree with it. i think if you look at tangible book value telling you the street doesn't believe it. selling it. >> you say sell. >> hold is a soft sell. >> thank you. >> come on. >> decoding it. i like it. deere and company from neutral saying the headline of the drought conditions weighing more on investment sentiment than farmer sentiment. they like it a little bit. do you? >> i do. i think the analyst did some great work on looking at the resell equipment -- >> is that right? >> equipment market and getting tight. so you know, farmer that is need

more equipment may have to buy it. good work on that. >> resale value. in the market for a nice combine? >> no. i would like a quad. >> let's move. rbc capital upgrading. outperform from sector perform noting we continue to view ear ropostale in the teen space. meaningful? >> is anything meaningful in the teen space? >> i think chico's upgraded today and aeropostale is colorful. i'm usually quarrelsome. but i can't quarrel with any of these analysts today. >> fantastic. thanks very much, kim. >> you're welcome. >> appreciate it. the metals market is about to close up for the day and we'll hit the floor after the break. ripping off the rich. see who's doing it and how it's being stopped. that and more on "power lunch"

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right about now. bert bertha coombs is tracking the numbers. they have a lot to look at. bertha? >> that's right, sue. rbc saying this is a real nail biter of a week with so much to watch and a lot of it to assert and extend is a back ended week. very mixed trading today as far as the metals. the real standout have been silver. industrial precious metal and palladium. another industrial precious metal, as well. in part because of greater demand for fuel efficiency coming up and that making more demand for the use of palladium. silver, take a look. silver very strong today in part because it's cheaper to play than gold w. the hopeful rally, we ceciler have performing here. we shouldn't just be watching here in the u.s. and in europe.

but he's also watching china. china decides to do further stimulus and announces it by the end of the week, as well, that is bullish for the market. not as bullish as gold. so a the will of 0 tradlot of tr to september and investors are willing to stay long on gold. that's where the big open interest is now in the december contract past the election. he's going to watch to see if gold can move to the upside. just barely positive here with the dollar weaker. copper sits out the rally, continually tied to the issue of housing and china. if we get some stimulative news of china, copper could be poised for some moves higher, as well. sue? >> bertha, thanks so much. let's get back here. mary thompson joins me. a wait and see monday, as well. >> not unlike what bertha was

saying. traders are waiting for the rest of the week. the big issues that they'll be wanting the know is what does the ecb do on thursday? any suggestions of stimulus and fed on wednesday and the jobs report on friday. the dow movers to the downside right now is jpmorgan. a couple of concerns about earning expectations too high and concerns about whether or not the fed will approve the company to return or continue restart the stock buy back program. cisco, a leader today within the dow and the techland and coca-cola announcing a reorganization in to three specific units basically setting up a ceo succession rate race there. investors continue to play defense. most notably, they're buying stocks that paid dividends. that being in telecom, utilities, consumer staples. telecoms and utilities at the highest levels since 2008. consumer staples at an all-time

high today, sue. natural gas stocks are moving higher because natural gas is a seven-month high and so they're moving up, as well, in today's session. >> all right. mary thompson, thanks so much. >> sure. >> now to kayla with a market flash for us. >> we are checking out shares of supervalu. up better than 11% on news that they're firing the ceo and tapping a chairman for a turnaround and this is important because the company after announcing dismal earnings this month tapped goldman sachs for alternatives and that move not just on the ceo announcement but the fact that the market thinks a big impediment to a deal is now removed. sue? >> thank you very much. now the nasdaq and jackie is following the big movers for us over there. hi, jackie. >> good afternoon. hard not to pay attention to apple today. lots of headlines out there including the fact to see the next generation iphone coming

out on september 12. that's one of the reports out there moving the stock today. also, apple facing off with samsung in federal court today and the stock moving higher and bucking the trend for the tech stocks we are looking at. nasdaq down .3%. speaking of some of those semi names, we're looking at some of the semis that are hit the hardest today. but moving on to the pc space, it is not faring much better. also looking at dell, hp and emc. last but not least, the software names. checkpoint, some of these names booking some steep losses today but again pretty much a sea of red here on the nasdaq but a wait and see approach for the rest of the week. a lot of data still coming out to impact the stocks. back over to you. >> thank you. three big events for the bond market this week. rick santelli is tracking the

action for us at the cme. hi, ricky. >> absolutely it is a big week. and if you look at how we fared friday's trade and today's trade you will see that we are almost at 1.60 yield on a 2-day chart on friday but we have eased back a bit. let's open up to three months with very interesting. vantage point, if you look at the low off to the left that was may and look at july and see there's a bit of a disparity there. switching to a three-month chart of the boon overseas, you will see they have yield double bottom. that's the threshold if you're a technician to monitor because if we violate that, my guess is we'll be around 85 to 90 basis points on our 10-year. now, corn has been the big topic. 4:00 eastern we'll get the progress report with regard to what's good, fair, excellent in the crop and i don't think you're going to see a lot of excellent but this one-month chart surely shows you what a pair bollic move corn has had

and at 2:00 how the pork association is trying to get the ethanol mandate taken away by the epa because there's a shortage of corn and feeding animals is crucial for a large portion of the corn crop. back the you. >> thank you. let's move on to general motors. very interesting story here. the company's outspoken marketing officer resigning effe effectively. phil lebeau? >> reporter: he made headlines while he was in the top post. took it over less than two years ago. globally chief marketing officer for general motors. he left the company. gm says that he failed to meet the expectations that gm has of its employees. nobody's saying what happened but we have talked with sources saying that the departure due in part to the financial handling of the contract and the

marketing deal between chevy and manchester united. they further announced that deal today with chevy being on the jerseys of manchester united. he wishes general motors the best and brings up questions of stability in the ranks of general motors. look at the positions changed. you have the marketing officer, chief financial officer, the head of 0pel and opel design. people are saying where's the stability in the management at general motors? yes, we know the stock is trading lower because of europe but, tyler, there's questions of stability, stability and the management ranks at general motors. one thing to have fresh blood and another thing of flesh blood and then say this is the direction we're going. >> phil, stay right there. we'll continue with marketing guru andrew bennet for arnold

worldwide. mr. bennet, welcome. good to have you with us. >> thank you. >> i want to take you a little bit far afield and pick up on what phil said. there's changes in top executive positions at gm. is it too many too soon? >> well, i'm not sure that it's necessarily just too many too soon. i think there are more fundamental issues that gm has with regards to the marketing. gm unlike other brands, gm, volvo, ford relies pretty significantly on the sub brands. on the cadillacs of the world and i would argue that part of the issue is they haven't defined what those brands stand for in the minds of american consumers today. and i think if you look at one of the brands performing for them today it's chevy and the brand doing the best in defining what it stands for. it is not enough today to just have a great soundtrack and a car on a windy road. you have to connect much more deeply with consumers.

i think chevy's doing that. i would question why cadillac and gm is doing the same. >> let's stuck to the marketing officer that just left. he was a bit of a disrupter. he said i like to break glass. he pulled the ads off of facebook. he said general motors is not going to advertise on the super bowl. where it had been for as long as i've been watching the super bowl which is every single one of them. was he not gm enough? andrew? >> i don't know whether it's that he was not gm enough or not. and how much of, you know, the accusation and his dismal is due to the marketing foes of gm. there's always turnover in the cmo suite. it's known for that. bringing in someone with the mandate for change, you hope to give them the opportunity for change. i don't know whether's gm or not. he's an automotive lifer.

>> and he's got a track record. >> and he has a very strong track record, exactly. >> phil, what went wrong there beyond that story that maybe there was some failures to report or whatever? >> right. >> were they clashing, not part enough of the gm culture which is a pretty strong culture? >> i think publicly they say we got along fine. i think when you talk to people in middle management at general motors you hear he went too far too fast. in other words, a lot of people would say maybe it would have made sense to pull back the ads from facebook. should you have announced it? the week of the facebook ipo? that rubbed people at general motors the wrong way. that's a cavalier thing to do. you don't do that at general motors and on the flip side, people will sit there and say, you want to shake things up? shake them up. that's what he was brought in to do. i think there's something to the point of whether or not he was not gm enough because you do, tyler, ultimately you have a company that middle management,

that hasn't changed a lot. they have the same attitude they had before bankruptcy. >> talk about social media and who's doing it well in the auto business. when's the role for social media advertising for car companies like gm and were they not doing a great job at it? >> the way to see social media today is your ultimate customer relationship marketing management vehicle. if you think about facebook and twitter and all of the other methods that are out there to connect with consumers, through social media, it's the best form we have ever had in the history of marketing. unfortunately, too many marketers, gm included, used it to kind of push out messages that really aren't that interesting to consumers. so i don't think gm was doing a good job of it. i think some of the smaller brands doing more interesting work. the volvos of the world doing much more interesting plays in the social space and ultimately

the brands figure out it's not about the brand but people to connect with you sort of the heart of it is you got make me interested. if they're not they're not doing their job. appreciate it. thanks again. >> thank you. over to kayla now for a market flash. >> tyler, shares of shutterfly off the highs of the day and still up better than 1% and the company tapped a new cfo in brian regan and this is after a long search for a cfo for this company. of course, it's not really the story of the day today because its stock not moving that much but looking at this year, up nearly 47% this year. about 45.5% this year. as competitors like kodak are winding through bankruptcy and hp in the having success with competing products. back over to you guys. the finance.yahoo.com poll.

one of the alternative risks for the rich is giving opportunities to rip them off. before the break, a market check for you. we are down four points on the dow. the s&p down 125. 1.25. the nasdaq down about 10.5 and the russell 2000 is off almost 4 points. i'm freaking out man. why? i thought jill was your soul mate. no, no it's her dad. the general's your soul mate? dude what? no, no, no. he's, he's on my back about providing for his little girl. hey don't worry. e-trade's got a killer investing dashboard. everything is on one page, your investments, quotes, research... it's like the buffet last night. whatever helps you understand man. i'm watching you. oh yeah? well i'm watching you, watching him. [ male announcer ] try the e-trade 360 investing dashboard.

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money off the table? ripping off the rich. wait until you see how the uber wealthy are duped by faux vino. we're slicing up a holiday that's celebrating america's fatness. now, back over to you on "power lunch." see you at the top of the hour. >> thank you very much. most of the pim talking about ripoffs on the network, it's fraud from the top down but today it's the wealthy getting ripped off through art. "fast money halftime report's" scott wapner is on the case for us. hi, scoty. >> thanks, sue. this guy was a fbi agent for decades but robert whitman immersed himself in the art underworld posing as an art dealer, meeting with criminals to recover more than $300 million worth of history. a fbi agent for decades, whitman immersed himself in the art

underworld, meeting with criminals to recover more than $300 million worth of stolen history. >> these are -- >> rock well? >> three norman rockwell paintings recovered in december of 2001. they were found in rio de janeiro, brazil. they were stolen in the late '70s from minneapolis. this is called "the swing." it was stolen in 2002. we recovered it if 2003. worth about $15 million. individuals that go in to the apartment, richest woman in spain, stole 17 paintings. >> where do you find this pieces? >> over time, when the piece is stolen, might take ten, 15 years, but many times you recover them because what happens the person that stole them sold it to an unknowing buyer. that person dies or decides to put it back on the market. >> now the fbi estimate that is the losses from theft and counterfeiting of art, wine and other collectibles is to be $6 billion every year. and sue, you know, it's active,

too, in terms of investigations. people like robert wlitman and others are doing. the fbi art crime team just last week did an undercover operation in miami and recovered what they think is a matisse stolen from venezuela. another stat to surprise you in terms of the crimes that the big guys are following right now, it's drugs, it's arms and then collectibles of all things. number three. pretty high up. >> wow. i can't wait to see the rest of it, scott. thanks so much. >> thank you, sue. >> terrific work. watch "ripping off the rich" tonight at 8:00 eastern only on cnbc. back to kayla with a market flash. >> sue, jcpenney with a big line down correcting 20% gains in recent weeks down about 5% today. analysts of credit suisse saying the hard part still to come for jcpenney and visits to the

boutiques in stores not as fully developed as they hoped saying that the failure to get the spring and summer consistent made the stores cluttered. tyler? all right. some call it the patent trial of the century. who comes out on top? pianos on the street. before the break, five movers in the land of tech and four of the five are down. microsoft, intel, mike ron, google all lower. ebay up. pass pass

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. power rundown time. kayla, robert frank with us this day. you have heard the headlines. you've read them probably. apple considered a stake in twitter last year and really just talks about talking. should this happen? kayla, does this make sense for apple? does it make sense for twitter? >> sort of does because everyone starts trafficking in these areas, they're all competing with each other so rumors of facebook's developing a phone, google obviously has the android, microsoft with nokia at one point and apple in the other direction. now they need that enterprise, that social issue. >> connection, yeah. >> can they get it?

i don't know. we'll see. they wanted it. >> is this a match made in heaven? the other question is, robert, is twitter hotter now than facebook? >> you know, twitter's pretty hot. companies run in to problems when they drift from core focus and apple no pun intended needs to stick to the core. right? which is making hardware and they've got enough battles to fight on the hardware side they don't need the distraction of twitter. >> so you say no. you say it might make some sense. >> i think so. >> "the new york times" has a story on the death of the piano where all but the very super luxury ones like steinway are headed to dumpsters. what? you have to have a little cass owe keyboard? you didn't have a nice little baby grand? robert? >> tugged at the heartstrings. grandma's piano. >> we got it. >> the fact is that every musical instrument has its time. more than keyboards sold every

year. lots of people are playing but pianos and instruments are basically furniture after a few years. steinway makes a great piano. even 100 years latter they're worth a lot of money. the rest should be tossed out. >> what do you say here? the next typewriter? >> i don't think so. you look at a grand or a baby grand piano, that's an iconic ima image. people love that sitting in the living room. it's the upright pianos that are one that is are going to the dumpster and average age for a piano is 80 years. >> the best parties have been people have a little too much to drink, your friend dave kansas among them -- >> exactly. >> gather around a piano, playing and singing an i long. finally "the new york post" beyonce and husband jay-z paid $450,000 for a one-month rental in the hamptons. it's got a children's

performance space attached to it. they can afford it. anything wrong with this? >> this is proof i'm covering the -- >> richest man. >> this was a bargain. here's why. the same property rented for $1 million in august two years ago. $500 nouz. >> is that right? >> she can say, honey, we're saving $600,000 this summer. >> that's right. a bargain, kayla. >> i don't know if i go that far. i will say that, you know, they can get a lot done in that house. a recording studio. who's to say maybe write it off the taxes. >> a working vacation. >> exactly. >> an entire month. can't say no work won't get done. >> they should invite us out there. don't you think? >> live on location. >> i'll get on that. >> thanks very much, kayla, robert. appreciate it. sue? we're going out to jay-z's place. >> good for you.

maybe she can help him out with the pianos you were talking about. there's a website, pianoadoption.com. who knew? the new faces of cyber security. what a company founded by commanders can do to help make sure that nobody breaks in to your computer when we come back. [ male announcer ] it's a golden opportunity...

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a little bit of a downside bip bias, not much in the market. russell 2000 off about 4. 5 points. the big events still ahead for the market. expect treading of water until we get passed the fed, ecb and jobs report. ty? kim forest, you shoot sporting clays? >> sometimes i do. >> to aim at some of these earnings coming down the pike tomorrow. >> i think ubs is really interesting to give us a snapshot in to what might be happening in europe. there's a smaller company called bmc. they're on tap and pfizer also. >> look at pfizer and bp there. >> yes. >> one it is look at tomorrow.