down 1 points on the trading session. ty? >> going to be a very interesting end of the week with the obama speech and then the jobs report on friday. >> yes. >> that will do it for "power lunch." thank you for joining us. >> all right. "street signs" begins right now. have a great afternoon, everybody. and welcome to "street signs." i'm brian sullivan. mandy getting a well-deserved day off today. the markets on edge ahead of the ecb meeting but while we're all worried about did banks could the ecb itself be the problem for american investors? hear my theory and if the experts say it's fact or pure fiction. meantime, american come p pettiveness sliding again. we just got passed by the dutch. the problems and some solutions ahead. plus, our nfl stocks draft crew huddles up. when's winning and losing and who may want to get out of the

game while they still can? three reasons why buying stocks is like dating. maybe rules for both to live by. all right, everybody. here's how stocks look ahead of tomorrow's big meeting and don't forget friday's monthly jobs report. here stateside. the dow moving between gains and losses today, a reflection of a daily trend recently. a higher finish today would be six straight sessions of positive and negative in the day. s&p 500's recent pattern is one of very little movement and that could happen again. the s&p may finish the day with a move of 10th of 1% or less for a fifth time in seven sessions. clearly we have on hold for the ecb and the jobs number. meantime, the nasdaq was on track for a seventh gain in eight sessions before a leg down and with the volatile nature of the market, that could still happen. heck, anything in these marks could happen. well, as we noted, tomorrow a massive day.

the european central bank meeting to make the first and latest call on interest rate this is fall and hearing from mario draghi of the status of the stability fund to protect banks and sovereign debt and while most of us fear the banks really could there be another risk here? one around the ecb itself. here's my theory. the ecb may be forced to issue euro bonds to end up paying for the bailouts. it is not out of the question. in fact, recently the spanish prime minister said they're possible. those euro bonds if floated could cut the demand for u.s. treasuries. right? if the number of debt buyers in the world does not increase then there's a class of bonds and that would pull buyers away which could then force interest rates to rise on u.s. treasuries to reattract those buyers to our debt and those higher rates could hurt borrowers in particular mortgages and the nation housing recovery.

this is not my prediction of what will happen but it's a risk that many are not talking about until right now. so, is my theory possible or is it complete bunk? joining us now is david brown and don shreiber. all right. david, first to you. do you buy that? is there an interest rate risk in america if we see the dreaded euro bond from the ecb? >> well, brian, that's an interesting idea. it's one i haven't heard from others so it's original from you and maybe you should come and work in santa barbara but i don't know. the bonds as mr. draghi specified them would be sterilized and assuming how he goes about that sterilization is not exactly clear to me at this time. but assuming he does that it

would be less likely to affect our interest rates and certainly improve the value of the italian and spanish debt that's held by our banks so that's a good thing. >> yeah, certainly, and first off i would love to be out there in santa barbara. but, you know, a month ago we happen to see the japanese say they're going to buy slightly fewer u.s. treasuries and saw yields move. so my theory is just based on more supply of other call it aaa if you want or whatever the euro bond would be rated at coming out. china, opec nations with another option. right? how could that not reduce demand for our debt? >> it probably -- it could. again, depends on how they're doing sterilization he promised or said he promised and obviously this has to be passed by the ecb board tomorrow. but let's say it happens. i think you are right that there

would be an increased, a decreased demand for treasuries. >> don, we know that mom and pop have been buying up a large number of u.s. treasuries. the data has shown that and scarily enough the fed was a buyer of 61% of our debt last year. your clients, right, fairly successful individuals, how's their demand been for u.s. treasuries and is there a risk of the theory i expoused? >> i don't think that the current plan of draghi is euro bond but to purchase existing debt of governments to ensure that interest rates don't rise as they come to market and under pressure. >> that's right. the reason i pitched this is looking at the numbers in my view and written this before is that i don't see where enough money comes from in the budsen bank. >> we have to have a much closer fiscal integration for that to happen but if the euro bond

comes about it would compete in the marketplace and really at risk not of supply and demand factor but the effect of rising interest rates. i don't see that happening for quite sometime because i just don't see global growth ticking up to the point where we're going to get inflation pressures in the system. i think we have a very benign inflation environment for quite sometime to come. >> it wouldn't push the 10-year to a 3% or 4% yield again, you know, staving off the housing recovery starting to see? >> no, i don't think that will happen initially. i think three to five years down the road that's a possibility. i just don't see it in the near term. >> when i was thinking about this theory earlier today steve liesman walking by an you're on to talk about u.s. competitiveness but i talked to you about my theory and in your very nice way you said you're completely insane. >> no. you have pinpointed a real interesting thing that america benefits from. we are a unique position in the world economy. the dollar being the reserve

currency. we are it for reintermating dollar funds in. we enjoy a monopoly and lower interest rates as a result of this. >> because we have a currency and a single debt system unlike europe. >> here's the issue, right? if you're a chinese deputy finance minister for the surpluses of dollars you can't make a mistake invest in a u.s. 2-year. you can in the spanish 2-year because the market is smaller and your amount can change that market. okay? you are correct to pinpoint any challenge that comes from the u.s.'s unique position in global markets. you've often said the world is a better place. people have said when the people in bangkok think it's a better idea to fons their homes than finance mortgages in new jersey. that's what they do. there's no liquidity or fixed income market. okay? my point is that's not a near term issue because the europeans

are far from the fiscal integration needed to make it happen. second, if it happens and get their act together, you could have rising rates globally for a good reason and good economics and that one is not a double theater. you can be concerned but have something of an offset which is better economics. >> nice way to say i was wrong. david brown, go back to you then. do you believe the ecb will quote/unquote solve its problems? is this thing going to be fixed or blow up? >> i think it will be fixed. i mean, you know, there's still plenty of tools to use to get it fixed and including america can help. you know? we can't let them blow up. i mean, that's just -- suspected very likely to happen. at least not the entire euro. >> don, i want to end with you because you brought in picks, as well. it is a nerve wracking time. the jobs number, the ecb, the fiscal cliff possibility. i'm sure your clients want to be in relative safety on an equity

perspective and switching gears for a second. where do you recommend investors go? >> i think in the u.s. you're in a good place right now. we think that europe is a little bit early except for the mega caps that essentially get revenue around the world. i happen to like some infrastructure plays. seeing them come up. we look for value and high dividend yield. caterpillar is one. it has a 2.4% dividend yield. a little bit above the s&p. they're doing surprisingly well and what everyone thinks is a very soft spot for the u.s. economy. we have a trucking company doing extremely well, again, posting very good revenue with ryder. and last i go to consumer staples with safeway with a 4.5% yield. again, excellent earnings and good revenue trends. the companies not only good earnings but improving revenue trends. >> and a big pop today for

safeway saying they'll ipo one of their units that's actually not supermarket store and prepaid cards. thank you very much. david, thank you. enjoy california. as you should. >> my pleasure. >> steve will stick around because we had two key reads of the state of the american worker today. companies squeezing out more of their employees than thought. of course you know that and rebounded from a first quarter decline. this comes on the back of a new survey of the world economic forum showing u.s. global competitiveness is falling for the fourth year in a row. in fact, the u.s. dropped two spots. we are now in seventh. when's leading us? switzerland, singapore, finland, sweden, the netherlands, germany and the united states. in a previous segment, john carney said to ignore the quote pinheads at the world economic forum. are you? >> i don't ignore them.

i want to ask you a question. put the shoe on the other foot here. here's the list of what matters according to them for competitiveness. institutions, infrastructure, macroeconomy, health and primary education and higher education. my question to you is which candidate is talking about all five of these things? >> none. >> to what extent is the united states engaged in a debate of institutions, infrastructure -- >> i shouldn't say none. we are around the margins. >> around the edges. >> the three is big focus obviously. obama touched on education and as mitt romney -- >> if this stuff matters, we ain't talking about it. okay? we are talking about the deficit which matters. that's part of -- i've only showed you five of the 12 pillars they call them. guys, do we have those full screens back there? those charts i wanted to put up. put up the first one here. this highlights the differences in both the european area and the u.s. and switzerland. here's germany and italy. okay? this is what jacob franco

argued. they don't belong in the same currency. look at the very different productivity outcomes. next one. switer land and u.s. and united states up in productivity. i think carney has a point. where do you want to do business? u.s. is getting more productive and has been and there's a big move now. some guys bringing manufacturing back home. they may be old here and i think the u.s. competitiveness is better than is in this chart right here and we need to start talking about them. >> seems the u.s. -- >> interesting. >> placing weight on better health care. >> right. >> maybe cheaper or better education. >> right. >> something that maybe is found some would argue in europe. >> i think all that is -- >> i didn't see taxes on that list. >> taxes is on the list. i gave you top five. >> that's the top five. not even in the top five? >> not in the top five, no. >> but that dominates the discussion at the conventions. >> it is true. it's true. the taxes, deaf sits and debts. but the thing is if you want to

talk about the future, infrastructure, education, that makes you competitive in the future, brian. >> thank you. >> my pleasure. >> competitiveness again. but who do you blame the most? well, 50% of you said, washington is to blame. 15% said the education system. 10% said parents. and 4% blame kim kardashian. on deck, president clinton gearing up for a big speech tonight at the dnc. will he really help obama bring in those still undecided voters? and are you ready for some football? the nfl season kicking off tonight with the new york giants taking on the dallas cowboys. we'll talk big blue at their own stadium next. at bank of america, we're continuing to lend and invest in communities across the country. whether it's supporting a delaware nonprofit that's providing training and employment opportunities, investing in the revitalization of a neighborhood in the bronx,

or providing the financing to help a beloved san diego bakery expand, what's important to communities across the country is important to us. and we're proud to work with all of those who are creating a stronger future for everyone. you have to dig a little. fidelity's etf market tracker shows you the big picture on how different asset classes are performing, and it lets you go in for a closer look at areas within a class or sector that may be bucking a larger trend. i'm stephen hett of fidelity investments. the etf market tracker is one more innovative reason serious investors are choosing fidelity. get 200 free trades today and explore your next investing idea.

democrats gearing up for president clinton's highly anticipated speech tonight. the first lady spoke last night and president obama's big speech is tomorrow night. a lot going on in charlotte. let's go there now. our own john harwood is standing by. any big surprises expected tonight, john? >> reporter: i don't think so, brian. last night the president got a strong personal testimonial from his wife. tonight, an economic testimony from president clinton and had a record of 1990s on the subject. check out this ad of clear choice he did earlier last month

for president obama in which he said that the choice is between a republican plan to cut taxes for people at the top, deregulate versus the white house plan. her's bill clinton. >> president obama has a plan to rebuild america from the ground up. investing in innovation, education and job training. it only works if there is a strong middle class. that's what happened when i was president. we need to keep going with his plan. >> reporter: that's what president obama and his campaign team hope will have some appeal to a key target tonight, white voters, especially noncollege voters who are struggling to see how this economy could be better and benefit them in the long run, brian. >> any mystery guests that you can maybe leak to us? we had the clint eastwood surprise. maybe somebody interviewing in a bathtub? >> reporter: i don't think we'll get an eastwood surprise. in fact, to preclude against the possibility of an unwelcomed surprise, the democrats had

moved the convention from the bank of america football stadium seating 65,000 people indoors to this arena on thursday night. seats half that much and before president clinton we hear from elizabeth warren who, of course, the high profile and controversial consumer advocate running for a senate seat in massachusetts against republican incumbent scott brown. this is a case where elizabeth warren may help the president's economic message by giving the prime time slot on broadcast networks may lift her in the key senate battle very close right now. >> weather is an issue for both of these conventions. >> reporter: not only has it been an issue for both conventions it's worse here in charlotte, brian, than it was in tampa when isaac was coming by. you know, we had a brief period of bad weather at the start of the week for the republicans. they canceled monday's session and for the last couple of nights, drenching rain in the evenings and democrats weren't taking chances that thursday night the speech for the

president is overshadowed by that. >> mother nature is an independent. >> reporter: exactly. >> the dnc under way indoors in charlotte. our team is hanging on every word and just like last week in the rnc they're doing some fact checking of the bold statements made. senior correspondent scott cohn is here with a fact check of day one. what have you uncovered, scott? >> you heard day one longer on emotion than factual claims but themes to be hearing that warrant some scrutiny. here's keynote speaker castro last night on jobs. >> despite incredible odds and united republican opposition, our president took action and now we've seen 4.5 million new jobs. >> well, by one measure private sector jobs since february of 2010, that is accurate. but if you look at the whole of the obama presidency, granted before many of the policies took

effect, private sector jobs grew by a million. government jobs steadily declining and the economy grew by a little over 400,000 jobs. massachusetts governor patrick repeated a claim of the gop primaries under mitt romney the state of massachusetts ranked 47th in job creation. if you take his entire four-year term, that's true. by the time roomny left office in '70s the state improved to 30th for the year. they were talking taxes last night. here's maryland governor martin o'malley. >> mitt romney says, puts forward a plan to cut taxes for millionaires while raising them on the middle class. >> that is not what mitt romney says, of course, on the contrary he promises not to raise taxes on the middle class as part of an across the board tax cut and not clear to keep that promise and his promise to keep his tax cuts revenue neutral. nonpartisan researchers have concluded romney would have to cut deductions that

disproportionately affect the midding class and raising taxes on them. all of the fact checking at cnbc.com. we want to hear from you on twitter or e-mail. bill clinton tonight. we'll be watching very closely. >> tomorrow night, as well. busy week for you and your team. thank you very much. crack open the beer businec the nfl season kicks off tonight. we'll look back at the cnbc stocks draft. but first, the countdown to actual football is on. the giants and cowboys kick off hours from now at met life stadium and where we find brian shactman. brian? >> right behind me, i was in there. they're ready for sure. the giants ready to defend their super bowl title and it pains me to hold this scarf because i'm a patriots fan but from a business perspective the giants taking advantage of the super bowl win in a way you might not expect an i'll explain when "street signs" returns. on december 21st

polar shifts will reverse the earth's gravitational pull and hurtle us all into space. which would render retirement planning unnecessary. but say the sun rises on december 22nd, and you still need to retire. td ameritrade's investment consultants can help you build a plan that fits your life. we'll even throw in up to $600 when you open a new account or roll over an old 401(k). so who's in control now mayans?

welcome back to "street signs." watching shares of google moving toward the upside as an event launching a new phone with motorola. the chairman has taken the stage and noting that their 1.3

million android device activations every day and 52%, the current market share of android devices and more from jon fortt. google sharyls look like they're trading pretty nicely. >> thank you very much. well, meantime, the 2012 nfl football season kicks off tonight. the giants host the cowboys. as brian showed you, coming off the super bowl season and what kind of financial pop of being such an elite franchise? brian shactman is live and i believe, brian, the billion-dollar plus relatively new metlife stadium. >> reporter: yeah, you know, it's interesting because they're already valued at 1.5 billion, fourth most valuable behind the cowboys, patriots and redskins. giants ninth most valuable franchise on the planet and don't forget last year it was just an okay year until the end. they still saw a 10% plus jump

of revenue to $326 million from the year before. here's where it's interesting. increasing revenue not necessarily the key of the team and taking advantage of winning the super bowl. >> we had a lot of companies call up and say, you're probably going to hit us with a super bowl success fee and we said, no. we'd rather extend the deal a couple of years and did that almost universally across the board. >> reporter: longer deals and more money in the short term. major sponsors, blue chip names. pepsi, anheuser busch and metlife and talked about paying about $7 million a year for those naming rights. in terms of profits we talked about revenue and profits after the last super bowl win in '07 more than tripled the profits and probably not expect that in the coming year, brian, but they told me today they expect some new sponsorship deals announced

in the knee future. >> your prediction on tonight's game? >> reporter: i'm a little biassed on this one. i take the cowboys by 10. >> cowboys by 10? your pats may be lucky. lloyd is a stud. great pickup, by the way. >> reporter: giants 7-9 and miss the playoffs and that's where i stand. >> new york based though national station. >> reporter: i'll be leaving quickly. >> probably before game time. brian, thanks very much. talking football, ef wiwe hn update on the nfl stocks draft. we'll check in with the worst and best performing traders and the stock picks doing since the draft back in april. we have jim cramer, herb, the whole cadre here with us. up next, "street talk." a stock surging on ceo comments. another tanking on a ceo move. we'll break both down. playing the market some say is a lot like dating.

takes patience, commitment and often leads to heartbreak. three rules to find your perfect stocks match when we return. tdd#: 1-800-345-2550 when i'm trading, i'm so into it, tdd#: 1-800-345-2550 hours can go by before i realize tdd#: 1-800-345-2550 that i haven't even looked away from my screen. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 that kind of focus... tdd#: 1-800-345-2550 that's what i have when i trade. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and the streetsmart edge trading platform from charles schwab... tdd#: 1-800-345-2550 ...helps me keep an eye on what's really important to me. tdd#: 1-800-345-2550 it's packed with tools that help me work my strategies, tdd#: 1-800-345-2550 spot patterns and find opportunities more easily. tdd#: 1-800-345-2550 then, when i'm ready... act decisively.

tdd#: 1-800-345-2550 i can even access it from the cloud and trade on any computer. tdd#: 1-800-345-2550 with the exact same tools, the exact same way. tdd#: 1-800-345-2550 and the reality is, with schwab mobile, tdd#: 1-800-345-2550 i can focus on trading anyplace, anytime... tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 ...until i choose to focus on something else. tdd#: 1-800-345-2550 trade at schwab for $8.95 a trade. tdd#: 1-800-345-2550 open an account and trade tdd#: 1-800-345-2550 up to 6 months commission-free online equity trading tdd#: 1-800-345-2550 with a $50,000 deposit. tdd#: 1-800-345-2550 call 1-877-994-7694 tdd#: 1-800-345-2550 and a trading specialist tdd#: 1-800-345-2550 will help you get started today.

all right. street talk time. walking you through the unheralded stock stories of the day and herb here with us today and tomorrow, by the way. yelp. that stock soaring. the ceo basically saying they're squarely focused on monetizing ads. also short selling issues with this stock, herb. >> let me tell you something. remember one of our guys out there? on the air very negative on this company. checked with him to say anything changed? rocky said, no. nothing's changed. a short squeeze and plus he said he's not all in short because he considers this company as a

company to have value to apple or yahoo! and says he'll lay out the short, full thesis going forward. >> gary comin ski said the blind of shorting a stock in to a lock-up expiration. as far as we know, very few people selling and the short squeeze. >> for now. >> fran which he is ka's holdings is down. neil davis that joined a month ago taking over. they had solid numbers here, though. jeffries downgraded. we losing 16% on a c eo departure? >> yeah. a co-founder. unclear what's going on here. the cfo -- >> fired. decided to le tire. >> wait a minute. the cfo fired a few monthing ago in may. short sellers looking at this. there's messy issues. i have a note of somebody when's laying out the fundamental thesis and the numbers, are they sustainable? literally a whole list of issues if you wanted know go through

them but i won't. >> maybe you can post it on the web. a name i never heard of before and i why like "street talk" is oyo. geospace a seismic equipment testing maker and they signed a huge deal with the norwegian company to do some seismic research in a norwegian oil field. >> i want to point out one thing on this. hey, has a -- >> knocking my "stock talk" pick. >> it does trade by appointment and which means it is not the most liquid stock out there. >> not liquid. good point. $120 price target. >> and liquidity, it will get there sooner rather than later. >> everybody in the segment. let's bring up demand media. very hotly debated company of short sellers and longs alike. jeffries assuming coverage with a hold far from a ringing

endorsement, herb. >> well, they -- wait a minute. a buy. i think going to a hold and what's interesting is $11 price target. stock's at $10. so what about that? this is never a model i'm thrilled with and you look at the company and the jeffries report and he's really pointing out a few things and can they monetize? many of the web scythes. it's also interesting if you take a look at the longer term, sales growth is actually coming down. came down last quarter. the company said we made a profit but on an adjusted eps. what's that? that's when you take out the things like stock based compensation and acquisitions. this is a company where it's part of the plan. they were trying to buy a dot-com. they lost in the bidding. so, you know, the fact is on a gap basis they're not -- >> beaten like a rented mule this year. stocks up 54%. you have names on the radar quickly? >> i want to point out tomorrow navistar. new c eo. see if there's a big charge

thrown in there and starting to raise red flags on ulta. >> ceo been on the show and doing nothing but going up. >> last quarter, how many stores to open a number of years out. i don't like that starting to increase that number. that to me is a big of a promote. one of those red flags i look at. if they tell you to open more stores years out i would say watch out. >> all right. fired up about that and doing the work on those earnings. but we have got some other homework, for you, as well. there's names brought up all year. you made some great calls. so tomorrow, three stocks you are going to tell our viewers, maybe names you mentioned before and maybe new names that must be on your radar. can you give us a little tease? don't give away the names. then it's the story. >> one will not surprise you. the other two might. >> that's such a good tease actually. look forward to that tomorrow. thank you very much. see you back in a minute.

all right. next guest says investing in the market is like dating. you need time and patience and money. sometimes you even get a little heartbreak. if you follow three simple rules you will find your perfect stocks match. joining us now is market match maker peter anderson, senior vp at congress asset management helping to oversee $7 billion in assets. kintd of a funny note out there and very serious points. and the first point is really be true to your adviser. >> absolutely. you know, i have been called many things but a matchmaker i haven't. i appreciate that introduction. you have to be truthful with the adviser. everybody can pick stocks and there's a lot of advisers out there that are very, very smart but it goes beyond that. actually focuses on chemistry. and you really have to be honest with your adviser in terms of what you are looking for. it is a two-way street. the adviser will appreciate your

honesty of risk profile and what you can sleep with at night in terms of how risky your portfolio is structured. a lot of clients will neglect to actually highlight that for you and then you run in to trouble further on down the road when the market moves in a way that maybe the client hasn't anticipated. >> don't do anything to regret in the morning. assume you're not talking about the sort of call after the bottle of wine or something just to remind them of how good a time you had and talking about something for substantive. >> i am but the pain can be worse than that. in this case. and the pain is some clients might go out and overhear some conversations about a stock that might not exactly match their risk profile but for the time being they're feeling spontaneous and think that the stock tip might have some weight to it. they bring that to their adviser and they -- in some cases almost plead with the adviser to add

that security with no fundamental basis and no instant gratification in the market although we love to see that but it takes patience and time and working out that relationship with the adviser you will have a long-term relationship just like a romantic relationship but takes the principles you would have in any other relationship. think a lot of investment advisers have neglected that aspect. >> quickly, walk us through the three different types of picks, stockwise. you have the sure thing in a way, maybe she's going to go out with me and what the heck, i'm going to ask out a supermodel. probably shot down but if it works out it's fantastic. three quick picks of those categories. >> that's great. in terms of beta, too. that's an interesting concept. the first one is colgate. steady, consumer product company. beta less than one. pretty consistent dividend grower. not taking much risk. pretty certain that the stock

will go out with you sort to speak. the second one is yum brands. a little bit more of a reach because of the china situation that's going on. yum brands owns what i like to call the dude food restaurants. kentucky fried chicken and two other restaurants but there's a little bit of risk there playing on china. and also emerging market growth and then lastly if you really want to go for the fences, equinix. provides storage for cloud data services. and that has a very, very high beta but adding these three stocks together you get a beta less than one which is appealing and so i would recommend for a typical client to have a range of these kinds of stocks and not just necessarily be in the low beta stocks all the time. >> thanks. you know what? a fun segment and informative. see you soon. thanks. >> thank you. all right. up next, our jon fortt with

breaking news on motmotorola's newest smartphone. stay with us. [ female announcer ] want to spend less and retire with more?

then don't get nickle and dimed by high cost investments and annoying account fees. at e-trade, our free easy-to-use online tools and experienced retirement specialists can help you build a personalized plan. and with our no annual fee iras and a wide range of low cost investments, you can execute the plan you want at a low cost. so meet with us, or go to etrade.com for a great retirement plan with low cost investments. ♪ now we need a little bit more... a little bit more vanilla? this is great! [ male announcer ] at humana, we believe there's never been a better time to share your passions because the results... are you having fun doing this? yeah. that's a very nice cake! [ male announcer ] well, you can't beat them. [ giggles ] ohh! you got something huh? whoa... [ male announcer ] humana understands the value of spending time together

that's a lot of work getting that one in! let's go see the birdies. [ male announcer ] one on one, sharing what you know. let's do it grandpa. that's why humana agents will sit down with you, to listen and understand what's important to you. it's how we help you choose the right humana medicare plan for you. because when your medicare is taken care of, you can spend more time sharing your passions. wow. [ giggles ] [ male announcer ] with the people who matter most. i love you grandpa! i love you grandma! now you're a real fisherman. [ male announcer ] humana. i'm bill griffith. coming up at the top of the

hour, fed-ex cuts the earnings outlook. is that a major red plag for our own economy and the holiday shopping season? we'll look at that coming up. plus, the architect of the merger that creates jpmorgan chase. why all the anger toward wall street is misguided. and then the driving force behind the kardashian empire. kim car car yann will be here at the new york stock exchange talking about the big invest independent a publicly traded celebrity licensing company. we look forward to seeing you at the top of the hour from the big board. we'll see you then. brian? >> thank you very much. motorola taking the wraps off the latest mobile phones. jon fortt with the breaking details. jon? >> reporter: three phones, brian. three phones. the razor hd and max and razor m. all lte and running on verizon. google trying to differentiate these in a couple of ways.

one, battery life. the longest battery life is 21 hours of talk time. dennis woodside who heads up motorola for google put this up against the iphone hs saying to get this kind of battery life, you need the multijuice pack on to the hs and big and bulky and doing edge to edge screens on the two higher end phones. that's interesting. something that samsung trying to do but the s3 and the mode of differentiation. interesting to contrast the focus on battery life and nokia on picture quality and navigation. that's the lineup. we'll see who wins the holiday season, which one consu gravitate to more. back to you. >> thank you very much. and by the way, speaking of phones, our disaster du jour has got to be nokia. stock down more than 10% this after unveiling two new sma smartphones. running microsoft's operating system. investors obviously not enthused about what they heard and saw

from nokia today. that stock is now down, wow, 13.25%. don't see that often on a product launch. all right. up next, as nfl season kicks off tonight, we check back in on the cnbc stock draft. which are scoring picks and which ones need a bit of a hail mary. with the fidelity stock screener, you can try strategies from independent experts and see what criteria they use. such as a 5% yield on dividend-paying stocks. then you can customize the strategies and narrow down to exactly those stocks you want to follow. i'm mark allen of fidelity investments. the expert strategies feature is one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account.

this country was built by working people. the economy needs manufacturing. machines, tools, people making stuff. companies have to invest in making things. infrastructure, construction, production. we need it now more than ever. chevron's putting more than $8 billion dollars back in the u.s. economy this year. in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm proud of that. making real things... for real. ...that make a real difference. ♪

all right. football kicks off tonight. so we figured it's a good time to update the stocks draft standings. reggie middleton in the lead picking google. that's up more than 12% since the draft in april. some other traders looking okay and others have a long way to go in their picks. they are perhaps the cleveland browns of the stocks draft. >> i hope so because they play the eagles. >> apple positive. starbucks solidly in the red. sorry, guy adami. josh brown picked rim down almost 51%. if you missed it, they picked in april. they have to hold it until february when we basically have the super bowl. that's important. all right. so let's speak with the leader and maybe the guy bringing up

the rear. right now reggie middleton and josh brown, herb and jim cramer when's all excited about real football, as well. first, though, okay, reggie. you are in the lead. congratulations. you have a long way to go until -- if you can, you can't sell under your rules but would you sell google if you could? >> no. no. fundamentally, strong fundamentals and laid a foundation basically to ride the paradigm shift. the paradigm shift in to portable and mobilecom putting. google is operating on 16 cylinders of an 8-cylinder engine. >> could blow up. >> okay. >> devil's advocate -- >> an engine analogy. >> okay. all right. >> most people think of google as a search engine. if you look at google, the leader. it is now the mobile leader and if not when but when -- when, not if, to monetize that seeing the microsoft era over again. >> don't worry about the patent loss for samsung and running --

>> think about it. the pt loss for samsung. they said there's a billion-dollar win. that's almost certainly overt n overturned according to to many legal pundits and after the patent loss, taking a $2 billio after the patent laws. their sales went through the roof. the market overturns the litigation. >> and this is an application i love on mobile. >> it has significant -- >> what's your target on this thing? >> it's above 1,000. >> i have a period of time that roughly. look at this, i'm full service here. >> he is not hedging his microphone here. >> i look 12 months out, but there are a lot of variables that come into play, i'm bearish

on the macro scene in criminal. >> no china slow down? >> obviously that doesn't worry you. >>. >> but if they do, if they get in, make the other argument, what if they do? >> the stock goes up very quickly. even on a chinese low down, people will love them. >> google has a business margin that will take the fat margin model out of the question. it has limited growth. when you get to the top, you can't great more space. they use an open source, and he has to keep it until the super bowl. and josh, i will not pick on

you, this was a game designed largely for fun. he said it best, he said i'm taking a flier, it's huge or going to collapse. you went for the hail mary and i respect that. >> the odds are against you, but if you get one right you end up winning. clearly this is one i got wrong and i'm stuck with it forever, i feel like i will be on the show every two weeks apologizing for it, but i'm comforted in the fact that i would never own it personally because i'm not smart enough to figure out if they can turn it around. it needs a transaction or stand alone. >> some people think -- you wonder what the stock could get through in a deal. >> it's a $3 billion cap. the talk is there is a billion or billion and a half in.

there is users not moving to an iphone tomorrow, there's the pros. but 17 straight days it has closed below where it's been broken. it's been broken for a long time and it's getting worse on top of which they have earnings on september 27th, and you do not want to be long on a stock like this. the last three quarters, three of them were vicious and double digit loss. there is nothing to like about this stock at some point unless you have special knowledge that someone really wants their patents and is willing to pay a premium over the $3 billion in market cap. i don't know that that's happening any time soon, so if you're a real investor, wondering if you should go

against the heard and buy it, i would say not yet. >> people like that they have 730 million subscribers. the other is everybody knows their keyboard is the best. i like it much more than my iphone, why have they not proveen to be worth anything. >> it's not that their not worth anything, it's from a valuation standpoint, people want growth. so the user base, they're losing -- look, any other metric is notroious. as we see every time nfp reporting, we're playing off government. the only difference is on security, they have a product

that has probably a better track record on security than any of the other rs. >> i said this to the ceo, he said that i yelled at him. i yell at everybody -- >> this is not his fault by the way. he's coming in after eight years of -- >> you know what is his fault? i'm using, no offense to co comcast, your ipads will not work in a few years. should rim say if you want anything in four years, it's too late. >> they don't want to force conversions. all of those people will pick up an iphone or android. >> let me comment, because i remember the day, you had a very good logical argument for rim,

enterprise value, greater or equal to the market value. >> that worked out really well, but you're looking at book value. technology is not worth what it sated in the books. it's anti-rated. >> it was well said. >> it works in it something else. we all learn this when we're eight years old and we say this is worth $3,000 in the back, and the father says see if they will give you that money. when the patents are worth nothing to them. >> my mother through away my 1962, 1963, and 1963 baseball cards, and kept my bottle cap collection. >> a long way to go here, stay with us, we'll come back, and we'll talk about your pick, sir. and we're going to completely ignore mine.

at merrill lynch, we understand the importance of your goals. today, our financial advisors lead from a new position of strength. together with bank of america, they have access to more resources than ever before.

a steadfast commitment to help you achieve your financial goals in life. that's the power of the right advisor. that's merrill lynch.

all right, a quick check on cramer's pick, microsoft, are you sticking with that? >> you have to go through two quarters. i know it will not be that great if you look at just nokia, and you have two great quarters