Skip to main content

tv   Fast Money  CNBC  March 19, 2013 5:00pm-6:00pm EDT

5:00 pm
cyprus matter to the united states? cyprus is an island country in the mediterranean sea. east of greece, south of turkey and west of syria and lebanon. a member state of the european union. cyprus is the third largest island in the region, but it is minuscule, a minuscule economy. about two tenths of a percent of the total euro zone gdp. less than that of vermont. today, we learned the cyprus parliament rejected the plan for depositors to pay for the bailout plan, an idea floated on monday. this has created a new worry for the global markets. even though there is a backstop and here in the u.s., the federal reserve has expanded the balance sheet past $3 trillion to backstop the financial system, so why the worry? one reason is that record setting ways of the dow jones
5:01 pm
industrial average this year. that has created a bit of a perception of vulnerability. investors are looking for reasons to sell after a 10% move in 2013. another reason, cyprus has developed a reputation as with being a hot spot for international depositors. half are set to be nonresidents of cyprus. unless you have the misfortune of having an at account in a cyprus bank, you may not care. but the big issue is whether such a plan could gain traction in other locals. if that is the perception, will it pose a run on the banks everywhere? the answer i think we learned today is that it is unlikely, but that doesn't mean a market up 10% year the date is out of the woods in terms of vulnerability. in fact, i would argue the real impact happens in two weeks. s&p capital is expecting
5:02 pm
earnings growth, seven tenths of a percent. will that be enough to lift more boats in the stock market? investors want growth and there are signs we are inching back toward growth, but it has been slow. there are still no solutions, but i would not allow the noise to clutter the fundamental of the u.s. economy which call for earnings growth and economic pormt. thanks for being with me. stay with cnbc. fullback fast money begins now. live from the nasdaq market live from the nasdaq market site, i'm melissa lee. here's what fast is following. bernanke buzz kill. return to the "wall street journal's" john hilzenwrath. how much does the iphone maker really have for dividend? it may surprise you and the biggest week for i p pos, the
5:03 pm
expert gives us the winners and losers, but first, a look at what is moving after hours. adobe surging nearly 6%. both on the top and bottom lines. let's get to jon forte with news. important personnel change. >> a little bit of extra information. adobe chief technology officer kevin lynch leaving adobe at the end of this week and heading to apple. i've got a call into apple. they haven't confirmed, but i've heard from a couple of people who know that has what they have been told. adobe stock up almost 6% at this moment on beating on the top and bottom lines. looking for $986 million in revenue. adobe turned in 1.01 billion. they were looking for 21 cents. 35, 36 cents, so it looks like they're transitioned to the
5:04 pm
cloud going better than they have projected. >> thanks a lot for that. from california. in terms of adobe, this is one that has participated. >> new 125i-week 52-week high, which struck me. the second quarter guidance wasn't great. this was an excellent quarter and operating margins were better. clearly, we're in the upswing of what's been a tremendous move, but you want to get involved in this, so the bait of trade is adobe. if you want to have something that moves r or be in oracle, which is slow and steady wins the race. i'm not certain you go pounding with adobe here. i think the better trade is just to stay long oracle. we'll keep track as the show progresses. let's get to the traders. keith, it was certainly an
5:05 pm
interesting session unfold. s&p 500, the first three-day losing streak this year, but the dow managed a turn around. >> i think you get to key levels and it's your first opportunity to buy it after three levels. the s&p banged the bottom end and when those happen, i buy the s&p 500. dan, your trade was similar, but for different reasons. >> i also bought the s&p 500. you've got to take what the market's giving and it didn't give a lot. i did not like the set-up. the fact we had this sell off off of the highest base on cyprus. it doesn't make a lot of sense. back to the adobe, what's going to drive u.s. equities for the next quarter i believe is going to be corporate earnings growth and this could be a good start to the earnings season, but the end of the day, s&p could be a flight to quality when
5:06 pm
everything else around the world looks soft. >> at what point would you consider relen quishing your bare position? >> from a trading standpoint, i'm not trying to pick a top. >> so, right now. >> i took off you know, a bit of it in the last couple of days because of that, but i think you're going to have a situation where you have to start picking stocks in q 2. >> what was your top trade? >> we've talked about this name for a long time. jack in the box has been a mo monostore on what was a lousy day. valuations aren't that stretched and coming off a tremendous quarter where their earnings growth seems to say you know what? this multiple makes sense. >> really? 23 times earnings? >> look at their eps growth. that's the thing. these guys are not going to come off the ball. the last quarter, they smoked.
5:07 pm
i don't think anything stopping these guys. >> karen, your top trade. >> either today, we sold some realty, which is the that i mean i like. what we've been seeing the last month or so, scaling into what will be the lock up comes up in early april. >> i was very surprised with with the new research piece that came out today from william blare. i think it's brandon dobel. it seemed to me kind of late to initiate, the stock is priced at 28. it's touched 50 today. five months later, so it seems kind of late. a little bit of strength, i like the name, sadly, getting stretched. >> at what price point would you consider re-entering? >> would i buy back more? >> probably 45 or lower. >> a big event this week is the fed releasing the statement.
5:08 pm
let's bring in john, chief correspondent at "the wall street journal" and an unofficial fed whisperer. it's always great to speak with you. >> do you -- the press conference afterwards? >> i mean, you use the word buzz kill. i don't think it's going to be waiting until after the markets. they telegraph very clearly in speeches that bernanke's given that they want to sting with the policies they've got in place. there's some worries at this point. i just don't think they're going to come in and try to tamp things down. i don't think they've seen enough evidence yet that the economy's firm. and thus ready to pull back. >> when you look at what the
5:09 pm
fed, very different thing. if you look at what he's likely to do as he goes i guess through the rest of the year and potentially retire, do you think he starts to get positive on the economy just because he wants to say i told you so? >> no. that's not the way he works. what you have now is really a bifurcated economy. growth in the first quarter isn't that bad. private sector employment has gone over 200,000, so that seems to be picking up steam, but at the same time, fiscal policy the tightening and could hold growth back. i don't think he feels any need to beat his chest at this point. >> at the same time, we had a flurry of wall street firms revise their gdp estimates for the quarter. based on that surprise retail
5:10 pm
sales numbers. >> they're going to be updating their forecasts and i think they're going to be in the two directions. they should be more upbeat about the private sector growth and that creates an upward pull on growth. but you know, the last thing they put out, they weren't expecting as much fiscal drag as we ended up getting and so that's going to pull their numbers back. i don't think they're going to be aggressively advising their numbers. their very suspicious, reluct t reluctant, maybe a few ticks, but there's a real concern there right now about how much fiscal
5:11 pm
policy is going to hold things back. >> thanks for joining us. let's just say, let's play the trader -- >> love that game. >> let's say we do get bernanke revising a couple of ticks. there's no substantial change to language to make us believe monetary policy is going to go away. what happens? that's bearish. >> given the move we've seen in the s&p, in my world when you just outlined, i think -- >> normally, i i i gree, but i feel the market wants any reason to go up and that would be a good one to say the punch bowl is tistill there. >> that's fair. if he rises it upward, it means that opposite things are going to be better, which means the duration is going to be shorter. >> how do you deal with the fact they talked about that unemployment target? that's not going below seven
5:12 pm
anytime in the next few months. that's where i find it all pretty confusing. >> the problem is forecast. he's work 70, 80% of the time on forecast. he's not going to do anything tomorrow because he doesn't believe the unemployment rate will fall below the 7% in the fourth quarter. treasuries will continue to come down for the next six months as a result. >> the big movers of the day. we got a drop from lulu lemon. down 3%. >> these guys came out, issued a profit warning. basing, i think they're saying their supplier screwed up in the sheerness of some of their black yoga pants. this was a high valuation, a high growth name, we're seeing deacceleration in growth. i think you want to stay away. >> i was surprised male number of purchases didn't skyrocket. >> i don't know. >> all right.
5:13 pm
go on. >> up 6%. >> $78 target. >> down 4%. >> no love for this one, but again, that's what you want to fade the policies, get the drop, probably buy it on the open. >> january, we thought this would get to 200. got to 197. now, you're sort of in no man's land. i think the story's in tact. i think the stock for the short might be on shaky ground. i think you look to buy it again in the low 170s. >> drop. >> john ross ceo is going to be leaving the company. he's out after seeing d disappointing results and they're also lowering their forecasts. >> and we got a pop for flowers. >> what? >> dubai says it's opened the world's largest flower garden
5:14 pm
just in time for spring. 45 million flowers at a pri$45 tag of $11 million. and the exhibit will help grow tourism in the area. >> who writes this stuff? what's your favorite flower? i'm a gardenia guy. >> i love the aroma of garden s gardenias. >> they're very difficult. that's a trade school. very difficult to grow a proper gardenia. the humidity has to be just right. >> i'll take your word for it. up next, when the apple trade could start delivering big returns and just how much does the iphone maker have readily available? not as much as you might think and later on, fast money madness makes its big debut. logon to cnbc.com to find out
5:15 pm
how you can get involved as the fifth trader on this desk. much more ahead. [ female announcer ] you're the boss of your life. in charge of making memories and keeping promises. ask your financial professional how lincoln financial can help you take charge of your future. ♪ ♪ oh, oh, all the way ♪ oh, oh
5:16 pm
5:17 pm
breaking news on cyprus. michelle caruso-cabrera is on the ground there to give us an update. michelle.
5:18 pm
apparently, we're having some difficulties. ho hopefully, we'll tune in with her later in the show. some comments from the german finance minister on cyprus situation. we'll get the developments later on. after losing more than 35% last cement, is apple finding a bottom? is it time to get bull iish? >> so, i think you know my feel on apple specifically. i think the company, it's facing challenges and obviously, performance of the stock tells you that. but if we have a chart going back to basically october, it's been a pretty steep down trend that we appear to have broken to on the upside. the day i look at specifically is march 3rd and 4th. on the 4th, we had an interesting day. we didn't trade below the 419, but close enough. here's what you have to look at.
5:19 pm
obviously, your level of support gets lower with each passing day. but at least as we settle the time, you have something to trade against. the sentiment has got it so negative, i think the stock is flushed to a point now where at least against 420 where at least in percentage terms is not that big a deal. maybe for the first time in a while given the reversal given the trend line, maybe apple makes sense for trade especially if you believe this take is not on the way down, that it's still in aselgs. >> in terms of the down trend and apple breaking the down trend. yesterday, he mentioned around noon eastern time, he broke that on heavy volume. it may not be enough trend, but at least it's signalling a trend. >> i think dan had spoken to
5:20 pm
this and tim seymour, did he win a street fight on this? >> as you know, he's a little challenge when it comes to the street fight arena, so when he won, he was thrilled. jumping around. really missed it. we'll try and pull that up. in the meantime, dan, do you think apple is signals the turn at this point? >> i think from a technical basis, it had this pop. it stopped today at its 50-day moving average. hasn't really touched since last october, so you have some technical set-ups, but you've got to remember here, a lot of traders are playing for the year last year, expectations are high, so i think they have a little bit of guys gaming the announcement. i don't think you want to chase it at 460. when they report at the end of april, this is going to be one of their most crucial quarters here to see if these guys are are going to be able to show
5:21 pm
anytime acceleration growth. >> we have established our connection with michelle caruso-cabrera. >> the latest is the finance minister of germany is weighing in on the rejection of the bailout terms by the cyprus parliament tonight. he's saying he regrets cyprus' decision and goes on to say no one except cyprus is to blame for its current situation. they think they can attract large amount of capital in the future. he says their business model doesn't work. this has tried to be an international grown its banking system to an enormous size on purpose, but it doesn't work anymore and he says that the two largest banks are essentially insolvent without help. everybody knows that. he's saying that out loud again because it was without the help of the european union, those banks will collapse and it's
5:22 pm
possible if they don't do a deal, the dpoe depositors could lose all of their money. not just the 9.9% or 3 or 6%, whatever number you want to come up with, if there is not a deal. that's the latest, back to you. >> what is your sense on the next steps and timing? because there are some reports that the banking system will not only remain closed thursday and friday, but as long as next tuesday. >> meetings start again, there are some tonight, but officially, everybody gets together at 8:00 a.m. tomorrow morning. the finance minister is is trying get money out of russia, but many here think that's a pipe dream. so if by some miracle, some plan in place and voted on by wednesday night or early thursday morning, in theory, the banks could reopen. if that doesn't happen, they extend the bank holiday and monday is another holiday here in cyprus, so when they say next
5:23 pm
week, that's what they're talking about. the fact that yet another holiday here on monday, so they could get a full week of having to banks close while they try to figure out a plan. remember, they have trucked in a lot of cash, liquidity, or flown in a lot of notes and coins. they keep talking up the atm through the support of the ecb. the ecb has said they're going to keep supporting the banks through the ela. of course, if they're not open, that doesn't mean anything at this point. but that's the status. we're going to wait and see if they have a deal by thursday. if not, then things don't open until tuesday if they have a deal by then. >> all right. michelle, thanks so much for keeping us posted. our chief international correspondent on the ground in cyprus. what's your sense of how this situation has been prolonged and the market's ability to remain resilient? look at germany stating a political point here. the germans want the russian
5:24 pm
model. russian money launderers to pay part of the bailout bill. again, there's an election in germany in september. what the german finance minister is saying is predictable and the same thing merkel's going to say. you have a small, isolated situation. people are trying to sell you crisis and fear. i just don't see it. >> let's resume with apple because we were talking about it over there. we want to talk about whether or not apple in fact has enough cash to pay out this dividend. john? >> here's the $137 billion. how much is in u.s., about --
5:25 pm
not so bad as much they have in the u.s. when you think they're paying per year, about $10 billion worth. the rest they have to pay a tax sale if they brought it from overseas. now, every quarter, they're paying out about $2.5 billion in dividends an the u.s. cash they're accumulating is just around $3 billion so, how many times can they hike the dividends by 60, 70%? not that many times. it could raise some issues. maybe they might want to go and open up a line of credit. it's not as straightforward as they've got this huge pile of cash. they can't just continue to hike it indefinitely out of u.s. portion, about a third of the cash they're generating. >> first of all, that question,
5:26 pm
they could do it if r a while, but secondly, these guys could be a borrower. microsoft, 30-year paper, creating under 4%. they don't like to do anything flexible with the balance sheet, but that's not a giant leap. why don't they do that? >> it's not to say they couldn't do it. it's just usually when this question happens, people talk about the 137 billion as if it's just there readily available. nothing's stopping them from . w lot of companies do that. apple does like to say we've got no debt. they wouldn't be able to say that anymore. >> thanks so much. jon forte. up next, why you may want exposure to multinational companies and the man who
5:27 pm
correctly called facebook and grupon ipos. [ male announcer ] ah... retirement. sit back, relax, pull out the paper and what? another article that says investors could lose tens of thousands of dollars in hidden fees on their 401(k)s?! seriously? seriously. you don't believe it? search it. "401(k) hidden fees." then go to e-trade and roll over your old 401(k)s to a new e-trade retirement account. we have every type of retirement account.
5:28 pm
none of them charge annual fees and all of them offer low cost investments. why? because we're not your typical wall street firm that's why. so you keep more of your money. e-trade. less for us. more for you. because what you don'tu know can hurt you.rance. money. what if you didn't know that weeping willows have invasive roots? what if you didn't know that a trampoline... could affect your liability? and what if you didn't know that most cars... get broken into when the weather warms up? here, buddy. the more you know, the better you can plan for what's ahead. get smarter about your insurance. ♪ we are farmers bum - pa -dum, bum - bum - bum - bum ♪ at tyco integrated security, we consider ourselves business optihow?rs. by building custom security solutions that integrate video, access control, fire and intrusion protection. all backed up with world-class monitoring centers, thousands of qualified technicians, and a personal passion to help protect your business.
5:29 pm
when your business is optimized like that, there's no stopping you. we are tyco integrated security. and we are sharper. a talking car. but i'll tell you what impresses me. a talking train. this ge locomotive can tell you exactly where it is, what it's carrying, while using less fuel. delivering whatever the world needs, when it needs it. ♪ after all, what's the point of talking if you don't have something important to say? ♪
5:30 pm
let's get to aur call let's get to aur call of the day. australia's top two mining giants. getting downgrangra to goldman sachs, keith, what did you make of this? pump more iron ore on to the market. >> to me, whether they got it for the right reason or not, i love the call. we love the calls we agree with. you look at this call. i mean, look.
5:31 pm
why are miners getting pulverized? because the dollar continues to strengthen. housing and u.s. employment improving. very bad for commodities and goldman made a good call. oversold, but a good call. >> deere, downgrade tog a neutral from a buy. down to 98 bucks a share. higher kosh prices will weigh on these stocks. we saw the fall, joy, all losers today. >> i think what concerns them maybe and i obviously don't know, is the underperformance of caterpillar. 98 doll$98 is still higher than. i still think there's upside left although i understand what they're trying to do, i sort of favor buying the dip here.
5:32 pm
>> 5% haircut today on a downgrade here from goldman sachs down to $17 a share and if you read between the lines, it's because cisco's gaining market share. >> the stock is down now, down 20% from the highs last month. it's not that outrageous, so to me, you have the stock near 208 average. goldman might have given an opportunity to pick up a cyclical tech stock. >> warn season is intensifying. analysts have lowered forecasts. they've raised forecast frs just 483. the cofounders joins us now and
5:33 pm
you've been combing through stocks that look attractive. explain how you came up with the three names. >> when you talk about warning season, they call it warning season because warnings pick up. when you compare to last year, the warnings aren't as great. we've seen more negative revisions than positive and that's going back to may. longest stream in negative positive revision since the crisis. what we want to focus on here is companies that have domestic exposure. strong dollar and they've outperformed market and seen have seen more revisions where as international companies have seen 50%. so, these are names, 90% of the revenue in northern america. first one is auto zone.
5:34 pm
auto zone's been a big winner. been pairing back the holdings in the stock. it's the top performing stock in 2007. still in it today for for that period. the float's been cut in half over that period. and the average age for a car now is older than ever. so the economy's picking up, but wer still at, employment and housing are at depressed levels, so people aren't really confidence to go buy new cars. they're going to hold on to used cars and that helps auto zone. >> obesity's the biggest epidemic in the united states on the health scale and they run the largest dialysis in the u.s. increased by a billion dollars last quarter, so that's a name we think, it's a high growth sector, unfortunately. >> the last one, raymond james.
5:35 pm
>> raymond james, first of all, it screens well in our quantitative screens. the second, they have no baggage from the financial crisis. morgan stanley, merrill lynch, smith barney, they don't have this cachet they used to have and as more investors come into the market, they're going to be more apt to go to a smaller, regional name. >> paul, thanks for stopping by. we'll talk transports now because the dow transports continue to make record highs with the big part of that being the performance of the airline stocks. there's heavy call activity in one stock in particular. what were you watching? >> yeah, i was looking at lcc. us airways. this is a company that is in the process of trying to merge with american airlines. the airlines have typically not
5:36 pm
earned their cost of camepital t this suggests they might be able to get some under control. only two weeks ago, up about 25%. paying $1.10 for those. >> coming up next, it is the biggest week so far this year for i p pos. a look at the potential winners and losers and later on fast money madness, we are feature i inging the most talked about stocks in the market and you weigh in as a fifth trader. back right after this. ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with dedicated chats and daily live webinars.
5:37 pm
and trade with papermoney to test-drive the market. ♪ all on thinkorswim. from td ameritrade. only hertz gives you a carfirmation. hey, this is challenger. i'll be waiting for you in stall 5. it confirms your reservation and the location your car is in, the moment you land. it's just another way you'll be traveling at the speed of hertz. ♪ ♪ no two people have the same financial goals. pnc works with you to understand yours and help plan for your retirement.
5:38 pm
visit a branch or call now for your personal retirement review.
5:39 pm
welcome welcome back. apple's momentum cracking last september and today, lulu lemon taking a beating after a big run. what others are at risk of potentially cracking? dan abrams is watching more weakness and we've seen this again and again. >> interesting thing about our previous guests, lulu gets midwest of their revenues from north america. we saw a name similarly
5:40 pm
disappoint last month. whole foods also gets a lot of their revenues or all from north america. these stocks, these are high valuation names, but if you want to flash forward to this year, some of the big gainers in the internet space like amazon, crm, eb ebay, these are all underperforming. expedia. so, to me, you have these stocks underper foming at a point where a lot of people think the market could be topping out. if we go down 5%, these stocks are likely to be down 10%. keith, you are watching a name, also, i believe. >> same reasons, too. underarm underarmor, one of the high correlations to momentum stocks is the high short interest. so if you look at one of the best things that you could have been long is long high short interest. so at a point, that runs out of room. you can't just buy netflix every
5:41 pm
day at 300. they have a high expectation, high short interest, now, they're susceptible to blowing up if their miss the numbers. >> all right. let's move on to our next trade here. the biggest week so far for ipos. at least eight deals are scheduled to price. we're giving you the loudow down one of the biggest since facebook. he made some good calls on group groupon. let's talk about this one company in particular picking up a lot of buzz. >> pinnacle foods is expected to price on wednesday to start trading on thursday, so pinnacle used to be bird's eye food. it's acquired a lot of other brands and is going to ipo next week, but the brand portfolio is just amazing. bird's eye foods, of course,
5:42 pm
biggest frozen food company in the world. got vlassic pickles, swanson foods, 90% of the people watching now has one of the products right now. >> at the same time, what are the comparables of valuation in the current market? is there another company that has a similar portfolio? >> absolutely. campbell's soup, all time high. conagra, hines, so the public comps are 20 times pe effectively. this is pricing at 15. there's a lot of room to go up from there, frankly. so what they have going for it, it's going to be part of the s&p 500 within a year. the indexes have to own it. it's not your typical ipo buyer.
5:43 pm
plus, we believe within two years it's a $2 billion ipo. >> so, it can be aqucquireacqui? >> karen, this is one you've been watching as well. >> if i look at a hillshire brands, that seems to me to be somewhat of a comp. do you think it will come out in trade? that's what they're looking to price it. where do you think it will trade? >> karen, it's looking to price at the upper end at 15. but honestly, we think it could easily trade to its normal comps up to 20. i think it's pricing at 20, but if you look at the normal comps, it should be at 25 or 26 and as a takeover target over a year or two, if you use the hines as m and a deal comp, it could be in the mid 30s. >> it does seem like a warren buffett kind of, you know. >> pick it up for $3.5 billion
5:44 pm
even at 35. >> let's talk about this week's winners. the end of the quarter, so there's a rush to get out of the market. marin software and model and are there ones you like over the others? >> we have the record of the year, the busiest since last fall. there's a couple of reasons. a lot of these deals were filed months ago, but with the fiscal cliff march 1st, they just didn't want to compete. now that things have calmed down, there's an old adage in wall street that if the ipo window is open, you just jump threw through it. from april moved forward to this week, markets hitting record highs. we had a weak name. people said if even that could go through, the window's open, just jump through it. >> by the way, we were talking
5:45 pm
to the ceo of model tomorrow. always great to see you. when we come right back, the debut of "fast money madness." the traders and tweets determine the winners. they kick off right after this break. you think. it's a phoenix with 4 wheels. it's a hawk with night vision goggles. it's marching to the beat of a different drum. and where beauty meets brains. it's big ideas with smaller footprints. and knowing there's always more in the world to see. it's the all-new lincoln mkz.
5:46 pm
try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. zap technology. arrival. with hertz gold plus rewards, you skip the counters, the lines, and the paperwork. zap. it's our fastest and easiest way to get you into your car. it's just another way you'll be traveling at the speed of hertz.
5:47 pm
♪ twith blackberry hub10 and flick typing. built to keep you moving. see it in action at blackberry.com/z10.
5:48 pm
time for the kickoff of "fast money madness." 64 stocks, but only one can be the best in the land. stocks are grouped into four regions, sectors. technology, health and home, financials and industrials. each night for the next three weeks, we will play this out just like the real tournament, so let's go through debates played today. first in the tech sector, based on trader's votes, google, oracle, yahoo! microsoft, qualcomm, cisco and ibm have moved to the next round, but tonight, it is apple versus hp, which has been playing pretty well as of late. so gi, first to you. >> i think originally, i was going to go with
5:49 pm
hewlett-packard, but i put my hat on and now, it looks so comes down to what stock is going to perform the best. they've missed their tournament. they did it like a preseason nit. i'm going to go with apple. >> karen? >> i agree. for a lot of the reasons you said. hp is up 60 something percent in the last month. i think they're going to run out of gas early, so apple. >> i go apple. taking a bobby knight beating in the dressing room and now, this thing looks like ball under water. above 446, i think it can breakout. >> dan? >> apple is kind of like duke, right. that kind of guy, had a disaster season, so they're back here and look poised to make a run. to me, they're like that
5:50 pm
cinderella you know is not going to go the distance. >> and let's see who you voted for on twitter. it was apple. so, slam dunk out there. blow out. apple is the winner upsetting hewlett-packard. let's move to the health and home region. amazon, coca-cola, disney, pfizer, walmart move on and johnson & johnson takes out herbalife, but it is home depot versus ebay. so dan, we go to you. >> ebay. it's flat on the year. you wouldn't think that after the monster year it had last year. it came back down to support. almost touches 200-day moving averages. if the s&p stabilizes, this one could bounce. >> keith? >> ebay looks like hell to me.
5:51 pm
it's like they're missing a couple of legs here. this is good stock, fundamentals. today, had a great housing starts number. if you want to be long housing -- >> if you're bullish markets overall, isn't there a notion technology should play catch up a little bit? >> i go in the dressing room, see if the chart, ebay's got a broken leg. i'm not going to buy this. >> karen? >> i'm going to go with ebay. i love the paypal business. i like it. ebay. >> he's like the butler coach that nobody heard about until they make it to the final four then everybody wants to hire him. i'm betting on the ceo. home depot. >> so this is going to be the
5:52 pm
tiebreaker. let's find out who you voted for on twitter. it was obey. the winner. you guys called it out there in our match-up. to see the full bracket, be sure to logon to cnbc and get in on the game by tweeting us. tell us which stocks you're p k picking. there will never be any ties because remember, four traders here, but you out there are the fifth. coming up, jane wells says hoo ray for hollywood without the hoo ray part. >> i am holding a collector's item and how close did lyndsie lohan get to an oscar? shockingly. [ indistinct shouting ]
5:53 pm
♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all on thinkorswim from td ameritrade. ♪ from td ameritrade. lyric can. lyric can. lyric can. lyric by phonak is the world's only 24/7, 100% invisible hearing device. it's tiny. but that might be the least revolutionary thing about lyric. lyric can be worn 24/7 for up to four months, without battery changes. call 1-800-411-5534 for a risk-free trial. cookie: there's absolutely no way anyone can see it even if they get right up to my ear. michael: wake up, go to sleep ...showering, running, all your activities.
5:54 pm
lyric can also give you exceptionally clear, natural sound in quiet and noisy environments because of how it works with your ear's own anatomy. can your hearing aid do all this? lyric can. to learn more about lyric's advanced technology, call 1-800-411-5534 or visit trylyric.com for a risk-free 30-day trial offer and free dvd and brochure. get the hearing aid that can. lyric from phonak. lyric can. redesigned site has this new score planner tool with these cool sliders. this one lets us know what happens if someone checks our credit. oh. this one lets us know what happens if we pay off our loans. yeah. what's this one do? i dunno. ♪every rose has it's thorn
5:55 pm
♪just like every night ♪has it's dawn score planner is free to everyone. free score applies with enrollment in freecreditscore.com bret michaels slider still in beta. we've got we've got you covered in the west coast. jane wells joins us from the west coast. >> starbucks has bought the farm.
5:56 pm
truly, the couffee giant has bought its own farm in costa rica to research and develop varieties based on what it learns through soil management. there's a picture right there. this could quote offer significant advantage in the development of future blends and melissa, the company could do more. >> you like it? >> yeah, i like it a lot. you got this stock, they got a huge head wind of coffee prices. all time high last year, that's coming down. >> jane? >> sticks, nix, hick, pix. today, after 80 years, this is the last daily print edition of the viable. it was hard to get this. just about every 7/11 in burbank was sold out. the focus on the web and a weekly print edition. variety's owned by jay pinsky. >> doesn't spell the writing on the walls for a lot of the
5:57 pm
newspapers. what do you think? >> it was interesting we saw today that the family is is reducing their position "the new york times." i'm not real crazy about the newspaper business. it's a secular decline story. "new york times" the reason why that family is pulling out, so i'm not that crazy about "washington post" also has problems, too, because of their associationuation with education. for me, i'd stay away. >> let's get a trade update on lindsay lohan. >> speak of staying away, i'm not. remember my call to go long lindsay lohan, sure, she's been sentenced to rehab and tried to go clubbing last night, but she has a new movie coming out on friday. >> can i shoot you? >> and she's in the movie with oscar winner, adrian brodey. the film is called "inappropriate comedy."
5:58 pm
it's going to beat the incredible burt wonderstone's opening weekend. i'm saying that right now. >> in our business, jane, and you know this, being early is being raw and you were way early. huge downside still. >> let's check back monday. >> let's. >> it's always good to see you. making some bold calls on lindsay lohan. we got your first move tomorrow when we come right back. stay tuned. ♪ ♪ [ female announcer ] you're the boss of your life.
5:59 pm
in charge of long weekends and longer retirements. ♪ ask your financial professional how lincoln financial can help you take charge of your future. ♪ otherworldly things. but there are some things i've never seen before. this ge jet engine can understand 5,000 data samples per second. which is good for business. because planes use less fuel, spend less time on the ground and more time in the air. suddenly, faraway places don't seem so...far away. ♪ departure. hertz gold plus rewards also offers ereturn-- our fastest way to return your car. just note your mileage and zap ! you're outta there ! we'll e-mail your receipt in a flash, too.

74 Views

info Stream Only

Uploaded by TV Archive on