part of the reason may be the backup in yields. on the ten-year note. some of the biggest win, tiff any, lincoln finance the ty, see you back at the ranch. >> safe travels on your way back. that will do it for today's edition of "power lunch." >> we'll see you tomorrow. "street signs" begins now. zombie stock-alypse. four companies that are alive and kicking, yet this year why the turn around and what names may be next year's bargains? housing stays hot. the consumer continues on the comeback trail. some of the big numbers you've got to see, an you will. why obama care may have you at your local pharmacy a lot more. we work too much, america. the shocking new stats on just

how little time we really have off. >> call it what you like, it seems to be working, even though very much off the highs of the day. if we close higher on the dow, it will mark the 20th tuesday in a row that has been accomplished, and also extending the record, if the nasdaq is higher today, it will be its tenth consecutive tuesday gain and the first time ever that that has happened. let's get down to josh limiten today, and rick santelli, so all those jitters dead and buried, josh? >> like you just said, still well on the green, but also well off your session highs. the dow up 93, now about eight ponce or just about half a percent. some of the traders down here saying the values lace as well as a lack of volume, you're only seeing about dlsh that's some with his pill stuff.

that really adds up to a lack of conviction shun here. financials are gaining today, as analysts at moody's changed their outlike, in part talking about the reduced down side, and energy, and -- what's not working today, mandy, telecom and utilities, defensive sectors. mandy, back to you. >> josh, thank you very much. let's get out to rick santelli. i see the ten-year yield is close to its highest is almost a year. >> actually over a career. it was higher. right now it's at 211. five minutes ago at 212, the high yield of the day 213, but what's fascinating is there's a lot of people on this floor looking up at the dow, saying hey, i don't think it's going to even close up on the day. i asked them why. they all had the same answer. this is a small spoon taste test

on how the world may react if interest rates are normalizing. are they right? i don't know. odds on the floor are about 35% we could close down on the day. bear with me. >> we'll bear with you. thank you very much, rick. well. zombies are all the rage these days, not just in movies and tvs, but apparently also in the stock market. companies just last year many were saying were dead money, have made rapid recoveries thisser use. case in point these four names. hewlett-packard fell 47%, best buy down 51%, super valu drop, and radio shack down 78%, but lo and behold look at the miraculous recoveries. bleak at that.

super valu up 161%. apparently they live again. what is the market seeing in these former stinkers that so many people missed. mike, i can understand one or two of the worst performers last year, sort of the san diegos of the dow the these are s&p 500 numbers, by the way, doing well, but four names in the bottom seven of all stocks last year have posted these kind of returns this year. what gives? >> well, this is just psychology in the market. it's a psychology in action. look, investors love to take risk when you're in a roaring bull market, which we are. so you're seeing this just in front, you know, sort of unfold in front of our eyes. we see it time and again. there's all kinds of data that support this. in the market were down 20% instead of up 15% or so, how

well would they companies do? this el might be outperforming, but wouldn't be up. >> let's get to the actual stocks here. brent super-valu is top of the list there, but you're saying sell? >> yes. mandy, i've talked about this before in the past. somebody complained, but bret you don't know, they're paying down debt. good thing i waited for the financials. when you look at this competent here, yes, the debt level fell, but you look closer, their equity is now a negative 1.4 billion. last year a positive 21 million, now they have $5 billion in other liabilities. if you look at the cash flow statement, you'll see their actual debt reduction was only $386 million. they have no equity. i'm happy for the people that are up in this, they're just playing a pea game of moving things around. be very careful.

>> you know, mike, we've got best buy, we know the talk there may be a big deal for the rest of the company. radio shark is the one i can't figure out. i can understand what brent was just talking about, but can you major a contingent argument about radio shack's term? >> it's actually hard to do. you know, that's a very competitive game, cell phones. it's not something that you go -- a store you go to to buy really large high-priced things. it's kind of a store from the '80s and '90s. they have this old business model that they are stuck with. my point is each of these companies that have something going on driving the stock higher.

we ran an example of what we call our quality rating of boston advisers. we looked at the bottom 25%, the junkiest 20% of all companies in the russell 300 on, and they have out3r678d by about 6% or 7% this year. it's an example of people chasing riskier companies. >> and you have a sell there on radio shack, but i'm interested in what you're saying about hewlett-packard. you're saying you really want to like this company, you would bike it, but it's a weak no convention buy. why? >> because going forward they should make money. looking for earnings on 36 a 5. gosh, a 16 1/2 on that? not very high. now, on the risk sigh. that's what you have to be careful of. no tangible book value. 35 billion of goodwill, and equity going 24 billion. so you have the speed going

forward, but this company could blow apart very easily. so they've got the earnings potential, but it's not a very strong company, so that's why if you want to take that risk, you could have high gains, but lose out pretty big as well. >> is that a strategy in general, mike? we all know the dogs, dow -- what is it buy the five worst performers and hope they turn around. can you do that with the s&p or is that just dumb? >> you can. the key is understanding direction in the market. we're in a bull market now, so we change our stock selection, actually, based on the fact we're in a bull market. we tilt toward more aggressive growth, the riskier kind of names. in a bear market we pull back and buy things like good book value company with consistent earnings growth, and all the safe things that go on. from our perspective, this is investor and human behaviors showing up in individual stocks.

each one of these companies has a story behind it that's making a change, but the fundamental driver is people and investors are willing to take more risks during good times. if you could predict the direction, we could actual -- >> those were the zombies last year, all right? it dpot us thinks what are hurting right now, but might be the back to life stories next year? here are the worst this year. numt mining, peabody, and appearing, they have all been smacked this year. carnival crew lines on that list as well. any of those five names that you think will have an undecided back to life story in a grand

way next year? >> sure. and we are talking about alcoa, and bridge -- apple, this one crazy levels. it trades at ten times der they're buying back a boatload of stocks. >> they're spending billions and billions each year on r&d. all it will take is one positive thing on some grand product them come out with, and you'll see it go up to $700 a share. even this, it trades at 16 times earnings, so that's one i think will be the supervalu of next hour. >> what will be the belle of the ball next season? >> you know, i would go with a couple of the beaten-up companies. the stuff in the ground, the goal in the ground for all these folks is worth a lot more if they could simply get it out. at the end of the gale, the goldminers have been

unbelievably beaten up. we're not buying it here, but it has a possibility of doing that. >> but wouldn't that be based on what's happening with the gold price, though? >> it would. i do think these things have a way to move up if they have an opportunity. they need a bit of wind in their sails, but not a ton. i think the coal stocks are another story. it's really a function of how much coal china continues to import. you know, this is china's world, we're all just taking up space in it, but at the end of the day you could see in value in some of those names. >> do we have to pay rent to that, mike? is it like a hotel on baltic, or more like a house on atlantic? >> it could be either. >> mike and bret, thank you both very much. thanks for playing along, gentlemen. on deck, housing roars back. home places jumping the most in

six years. >> and then later on, overworked america, what do you seeing when it comes to paid time off? and we have this street tweet -- if american money had a smell, what would it be? we have some fantastic answers coming in. we'll bring the answers to you and the reason we're asking such a question. >> keep it clean. please. >> that's basically the invitation. with the fidelity guided portfolio summary, you choose which accounts to track and use fidelity's analytics to spot trends, gain insights, and figure out what you want to do next. all in one place. i'm meredith stoddard and i helped create the fidelity guided portfolio summary. it's one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. a talking car. but i'll tell you what impresses me. a talking train.

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another big sign that

housing is back. seeing the biggest jump since 2006. not every big still is seeing a spike, right? >> of course no not. all real estate is still local, even more true for this recovery. home prices are gaining across the nation, but there are still pockets of weakness. the three weakest markets on the case-shiller index, new york city, cleveland and boston. when i say new york city, i don't necessarily mean manhattan, but surrounding areas, which still have high foreclosures backlogs, which brings in parts of northern new jersey as well. i want to show you something interesting. while phoenix home prices are up over 20% from a year ago, they are still down 43% from the peak in 2006. same for atlanta. price is up 19% from a year ago, still down 28% from the peak in 2007. now go to california. san francisco where people are reportedly lining up to buy condos that haven't even been

built yet, prices are up 22% from a year ago, still down 30% from the peak. nearly the same deal in l.a. all right. so what's not a bargain? dallas. prices there down just 2% from the peak in 2006, and charlotte? prices there down only 13% from the peak. you have to look at just not the annual gains for march, but where prices in these market were versus where they are now. you can't argue we don't have the same loose lending as we did during the housing boom, but owner we didn't have 3% on the 30-year fixed either, did we, mandy? >> we did. the question, diana is where will housing pop next? let ace bring in lindsey. >> thanks for having me. >> bring out your crystal ball, if you with. where would you predict the biggest gains in the future? which cities? >> right now we are seeing the national recovery. i think most of that reflects how well the consumer is doing. the consumer continues to klein

off the balance sheet, the 20% down payment, and make those monthly mortgage payments. that's the reflection of where we are seeing. we're talking about 18 out of 20 of these citying, seeing that price precious. some of that is regional specific. we've seen some surprise appreciation as a reflect of manufacturing resurgence. also see several cities like bismarck, north dakota see an appreciation as a result of natural gas finds. and several cities have benefit from a resurgence in education and 4e89 service. going forward, what's really going to drive these hot markets is going to be more on the political side. we're going to be looking to the state and cities that really put the pro-growth policies into play, so regions really incentivizing businesses to grow, incentivizing businesses to cross state lines, this is where we'll see the most development. >> lindsey, lindsey --

>> this is where we'll see the most housing -- >> you know, you know that i think you are as smart as you are tall, okay? >> that's pretty smart. thank you. >> you're very welcome. not quite as smart as me, but i want you to take that senate head off and put your heart in. if you had a million dollars right now, cash to spend anywhere on a house anywhere in america, where would you buy a home? >> you know, you're going to look for those discounts. some of these markets that you talk about, the hot areas, regions in california, nevada, arizona these were also the hardest hit areas, so right now talking about year over year prices are up 17% to maybe 25% levels, but we're still down 20% to 30%, so there are still deals to be had. that's where i think we're starting to see some of that sideline demand move back in. >> even though you say we're -- there's still a lot of practices

we're seeing at the high, like house flipping seems to on the ride. >> sure, that will be driving he hardest-hit areas. really the base case is someone purchasing that home, because that's where they want to raise their family. that's what's going to drive those local pockets, that local appreciation. but when we talk about some of these speculative markets, some of those hardest-hit areas, that's where the speculators will come in and drive those bargain lookers, those deal lookers. >> lindsey piezga, take your million dollars and put it somewhere good. let us know where that is, by the way. according to "new york times" in market to -- the paper says more companies are going to slim down the benefits they offer employees. think about this. you get simple stuff, maybe like

blood pressure check at a walgreen or cvs. john harwood, the so-called cadillac tax was always part of the plan but people are finding this a bit of a surprise. we have not followed the details of this health care debate. they're going to be learning more as this law becomes fully implemented. this is an intended consequence. that is to say, we wanted to find a way to restrain health care costs, something that both parties had wanted to do. one way to restrain it is to put the tax in. it's a 40% excise tack on the cadillac plans. it applies to those plans that

have a value per family of more than 27,500. it doesn't kick in until 2018. why are they doing this? they're doing it to restrain health cost inflation, the principal goal of this tax. they do it, that will be accomplished, if it works through a higher deductibles and co-pays, and the people most concerned about this have been labor unions the why? labor unions tend to negotiate the most valuable health insurance plans. one of the things that will be a challenge for ordinary consumers is separating what happens because of the tax on what happens every year, businesses being hit by rising health care costs have been increasing deductibles and co-pays, and that will continue. again, this is one of those things that -- to restrain health costs inflation, people need to feel a bit more pain in their pocketbook. that's part of the reason why this provision was put in there.

>> so the bottom line, us i.e. the consumer will have to pay more for benefit, fewer benefits in return. >> right, but that's the point. part of the problem of the american health care system have been that we all consumed too much health care, so when people look at health cost inflation and say how can we bring that down? one of the ways championed by the bush administration, they didn't make a lot of headway, was to make people more price sensitive, because one of the things that fuels -- >> other even make them price aware. they don't know if -- if a gallon of milk was given to you free -- we know what it costs, because we buy it. >> precisely. the third party insurer system that we have insulates people from the cost of their own care. this is a way by making the businesses pay a tax on the value of those plans to reduce those plans and make people more

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another cruise, another big mess. more than 2,000 royalty caribbean passengers are being flown home after a fire cut the story. simon hobbs has more. just how has royal caribbean handles the situation? damage control? >> one thing is for sure. it's clear that royal caribbean has not only taken lessons, but wants to be seen to have taken lessons from the bad response to carnival's almost unending stream of marine incidents. the second major fire at sea for the industry broke out yesterday on boor the "grandeur of the seas" passengers were ordered to grab their life jackets and report to master stations. passengers remained at that emergency posts for another two hours, in other words until dawn. you can see there's substantial damage to several decks at the

rear of the ship. royal caribbean says all the passengers are accounted for, and in a moment we'll have the first video to the point that you were making, importantly in contrast to the no show we got from carnival's execs on the "triumph" fire earerhir and the photo of him ca tea meet the ships and they have them tphy imat social media and put on their website. the other thing lucky in this i because the shipts power. it could get into port, and quite quickly. you didn't have the days of towing it along with no water or air conditions. they are lucky in that incident. that may be to the fact that this particular ray operated

ships are much newer. >> allf that said, no matter what they do nonetheless, this is being one of a ink have of problems, but what do you think the entire industry -- because of these problems, what does the industry need to do to reassure people, or is it not making an impact. >> we can see that it's made an impact. we had a profit warnings last tuesday, from mickey, this is a very price-sensitive industry, if you cut the prices, they will come. that's what carnival has been doing. the issue now -- when the stock price performs, with the two rivals, and also norwegian, those stock prices have done well, because they're not cutting prices. >> it's a double whammy. carnival and others are spending more money to make sure they don't have the problems as well. so they're spending more to make sure the engines work. >> and they have emergency power to take the ship to port.

do we have the video of these guys arriving in baltimore? here we go. they have hired specially 11 planes to get the more than 2,000 passengers to go by air to baltimore. they'll be arriving throughout the evening. it will be interesting to hear what they have to say. >> just refer to that proved warning carnival cut their forecast by 2% to 3%. >> it's the second warning. >> second one. thank you so much. >> a pleasure. >> keep cruising. >> my parents have been on that boat. they cruise out of baltimore. apple-fyed samsung. and we have a million reasons why the hampton summer home rental market is officially completely out of control. [ male announcer ] my client gloria

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got some breaking news. a scary scene that is occurring outside of baltimore, maryland. you are looking actually at a rescue/recovery personnel at the scene of a train derailment. hopefully the camera -- we are not in control of the camera, so a local affiliate will pan over. we've had a freight train that has derailed, looks to be core cars and box cars. some of them are on fire. so, again, the shot right now that you're seeing are rescue personnel, police officers, firefighters. if they pan out, you will see, manny some startling images of a train that is burning. >> yeah, we'll keep following this development. we're going to -- >> i think we're going to stay on this, mandy. there you can see, folks, that's the derailment scene, apparently

northeast of baltimore, maryland. the ground appears to be on fire, a prell serious derailingment, a tanker car in the far bottom right, looks to be some coal cars and grain and field cars, but the axles have been removed, so pretty serious derailment. again, this is all just happening right now of a possible explosion, we have our eyes on this as well. >> there's some hazmat teams. so we'll just have -- we'll keep on updating -- >> they will generally carry chemicals or fuel. and some what we call box cars.

we're going to keep you up to date on these, folks. more about this, whose train it might be, we'll let you know. moving on, there's something interesting going on at samsung. they made a big announcement that they're holding a big event in london next month, but pretty much that was all they had. that got the rumor mill buzzing that samsung could announce a smaller version of the galaxy smartphone. sasha, forget about the meat of what they may announce for a second. what can we learn about how samsung is apple-ing up its pr team? >> they have this announcement pretty much once a quarter, because they're so being and cover -- the goal is to cover a -- for every human on earth, so they have these unpacked events sometimes. this one is called a premier

event. they want to get the rumor mill going, they don't want to reveal too much before the event. i think that's what's happening here. >> they want to keep it all secret, but is it possible that some things have already been leaked? i was reading that they may have accidentally spilled a few beans about a mini, a galaxy s-4 mini. >> is that a slip-up? >> they want it's for both galaxy and ativ. so we'll see some window products there as well, maybe tablets or laptops. as for the s4 mini, there was an s3 mini, this is a logical follow-up. it's a way to get an aspirational product with the premium brand into the hands of consumers, especially in

developing countries where they may not have quite enough money for a full s4. >> at what point does this cycle end. they string us along it ends is it -- one of the things you have to look at is this event was in london, not targeted at us. this is probably targeted more at the developing world, middle east and asia. these are areas where consumer electronics are really taking off, the penetration just isn't at the level that it is here, the fatigue probably hasn't hit. >> i think that's an excellent point about the location. sasha, thank you very much for joining us. this is like tech geek heaven. i'm salivating. until the next segment. up next, how the oil is

split ergopeck. and here's a hintpancakes. >> plus a vacation, two for one, that comes with the least amount of paid time off. plus a look inside the million dollar hampton rentals. bill, what's coming up on "closing bell"? >> two full hours. the white house as you've heard is proposing this new airline travel tax. as you have seen stocks rallies, we'll hear from somebody who says investors should take profits now before a summer swoon kicks in. and the names of five big-name brands on the verge of stings this year. you ma i be shocked to see the names on the list. all that and more. we look forward to seeing you at the top of the hour from here at the new york stock exchange. mean time, more "street signs" coming your way. 72. [ all ] fort benning, georgia in 1999.

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another update on the breaking news out of the baltimore. again, we are confirming, this is just east of the city of baltimore, freight trait derailment, you can see that part of the training and track are smolders.

who knows what the condition of it was, but you can see it certainly is in decrept position now, and based on how the train is blown to the right, one wonders if there wasn't some sort of explosion that would have caused the warehouse walls to come down, because they are also blown down. it could have been there before, we don't want to speculate. it certainly seems logical, folks, that is a major, major trail derailment. well, from trains to cars, kind of tough transition. check out shares of general motors and ford, stocks up also raises targets on ought make carmax, too many more to name,

but a big bullish call, mandy. >> a very bullish call. in the meantime gold and oil both on the move to. let's find out what exactly is making them move. sharon? >> this is interesting price action, the gold market on this options, getting above 14 d. and down about $5 or so. keep in mind traders says that is a key psychological level to get above. and meanwhile, equities have help to drive the gains we have seen in the oil market. certainlying true, it was off the highs of the day. and the gains have been greatest in the grapefruit market, or right around that level, contesting it all day long. we've pointed to several geopolitical events, whether it's the escalating tension in -- or what's happening with iran and the nuclear missile

launches, and where those are placed, or looking ahead to the opec meeting on friday, and what will that mean if opec? will they cut production as a result? a lot of traders talking about it. back to you. >> great segue. that's what we're going to talk about. apparently bad for opec. causing friction with countries action like iran, and opecs members who don't. let's bring in john killdid you have. it kind of seems anything for opec would seem to be a good thing for us. is there a down side? >> yes. part of the economy rebounding has to be attributable to all the shale drilling activity that's gone on, all the rail activity, and there are some 700,000 barrels of oil riding the rails every day, so you have

to wonder if some of that will be more dangerous than it ever was before, but part of that is what's getting outletted. the trains have been the big story here, outletting the oil to the east coast action to the west coast. certain members of opec, the after kaj countries in particular have seen the exports to the u.s. shut down to zero. >> to what extent do they have to find new places to send their oil like places out east. china's economy is slowing down. >> i was a wee lad back in 199 when we had great amounts of production here, this was a battle for market share for the u.s. between saudi arabia and venezuela at the time, and kaboom, oil prices fell. our domestic production really up until recently never recovered from that. we became more dependent, and we don't want to see the shale boom necessarily get the legs taken out from under it.

theres so many jobs attached to it. it should ultimately lower them from where they are right now. >> obviously opec doesn't want to be surprises crash, either. to what degree do you they we my see them cutting -- >> highly unlikely. if the iranians are being impacted by the sanctions. the after kaj countries are also being impacted. >> we have new details on the derailment. sorry to cut you short. thank you for playing along. cnbc has confirmed that the train derailment you're seeing this, just east of baltimore, obviously flames, fire, smoldering -- so wbal, the baltimore affiliate is reporting it is a csx train, the stock not moving right now. clearly a serious derailment, but look at the warehouses on

the right side there. and now the stock is starting to take a hit. >> that's right. up next, two very different stories. first, the world's happiest major country, and next, the most overworked country. you could probably guess, they aren't anywhere near each other. >> but great friends. a look inside the million dollar hamptons rentals. we went out and asked people a simple question: how old is the oldest person you've known? we gave people a sticker and had them show us. we learned a lot of us have known someone who's lived well into their 90s. and that's a great thing. but even though we're living longer,

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this next story really pains me. according to the better life index, the happiest industrialized country in the world -- >> australia. >> yeah. it tops sweden and canada for some reason. the rankings are based off a number of economic factors, including jobs, incomes, the environment, health, also safety and some others. this is the third straight year australia has been named the world's happiest industrialized nation. the bad news is that the u.s. came in at number ten. the good news about that, i guess, is we beat estonia and

chile. >> i could have told you that australia was the happiest industrialized nation in the world. to the happiest place on earth to the most overworked country. america is the only country that does not guarantee any paid vacations or holidays. let's bring in cakali williams. >> it's great to be here. >> this is quite a shock. not only shameful, but maybe unsustainable. >> it is unsustainable. and these are survey after survey cams up to this same result. and we really have to look at this issue. because it is unsustainable. and it is hurting our people, but also business. >> well, there's a difference between paid and obligated and sort of the ones that we get, right? i mean, we do get vacation time, but to your point, it's considered an optional benefit. do we know how much americans are actually taking off? it's not zero. >> it ranges, depending on

whether you're a high-paid workers or low-paid workers. low-wage ovworkers, over a quarr are not getting any vacation at all. and when you're a high-paid workers, yes, nine out of ten gets vacation, but over a quarter of the population gets nothing and it's not paid. people can't take it, they're afraid and also people need the money. how do we give people a break, how do we help them refresh, reengage and bring the best of themselves to a very overworked workplace. >> this is more about bad working conditions as opposed to excellent working ethic. >> there's an element of people wanting to do a good job, but corporations see this as a benefit, as a perk, something that's optional versus something they really need to commit to so people are bringing the best of themselves to the workplace. >> it feels so industrialized age, like if it's a perk or a benefit. >> it really isn't cutting edge. and why all these other rich industrialized country are doing this and we're the only ones who

aren't. what do they know that we don't know. people are bringing better work, bringing the best of themselves to the workplace and they need this in this age when we're always on. people need to be engaged and you cannot be an engaged worker when you are tired, when you are sick, and when you are just truly burned out. >> i would agree with the last point, i would not agree with the last point. that they're doing stuff better. have you after driven? >> no, i have not. >> how do i know we're doing it better? they may be more rested, but doesn't mean they're better workers? >> when you look at the holy grail of engagement, engagement really isn't just, you know, turning the widget better. it really is being creative and innovate, and that does happen more effectively when you are not exhausted and when you are being creative. >> good point. thank you very much, callie. we've got to change america. a big money mystery in canada, folks. some canadians believe the bank of canada has added a maple

syrup scent to its new plastic money. this has become quite the conspiracy theory up north. in fact, for the record, the bank of canada says no scent has been added. by the way, canada produces more than 80% of the world's maple syrup. quebec is the number one producer. so we asked you if american money had a scent, what would it be? these are some of your responses. apple pie. bacon, of course. new car scent. love that. leatherbound books and rich mahogany. which would one you choose? >> the last one, of course. >> coming up next, million-dollar hampton renters. >> and if you are taking amtrak today, you will not be affected by this. we're learning now that the track in question where you see that massive derailment outside of baltimore is not one of the tracks utilized by amtrak or commuter rail in the northeast. it's farther to the east, apparently, of baltimore, so no impact, as we understand it, on amtrak or northeast corridor train travel, but we'll continue to keep up to date on this nasty

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is connecting today's leading companies to places beyond it. siemens. answers. here's a feel-good story for you out of boston. hundreds of people ran out of bars and restaurants when the bombs exploded at the marathon. but the "boston herald" reports that almost all of those open bar tabs have since been paid by people calling back saying, i owe you money, here's my credit card, and by the way, here's a tip. that's a great story. >> that is a great story.

well, a million bucks is not enough to buy a summer home in the hamptons, but if you've got the cash, you can pretend you own one. robert frank here to tell us about million-dollar summer rentals. >> yeah, a lot of cash, by the way. there are at least a half dozen homes in the hamptons renting for $1 million or more this summer. two have already been rented and here is one. it's a ten-acre estate in southampton. 18,000 square foot house. it has 12 bedrooms, 12 baths, and a separate staff -- or quarters for your staff. but the showstopper is the property. it's got a spa, tennis court, a giant outdoor pool, and for those who prefer to swim indoors, there's an indoor pool with a waterfall and, of course, a waterslide. the rent was just under $1 million or about $9,000 per day. the renter, we're told, is a very wealthy russian. now, for the super-rich renters who are still looking, well, there's one for you. there's an estate in southampton. it's got a sunken tennis court, a heated pool, and a guest

house. the main house is 14,000 square feet, very clean and modern with a gym and, of course, your own private theater for watching those summer blockbusters. now, all could be yours for $1 million. but, if you want it just for august, this has $350,000. so compared toed $1 million, it's a bargain. >> do you ever get a pool of families together and renting a place like that or one really wealthy russian with their staff. >> one really wealthy russian with their staff and nannies and in-laws and parents. and a lot of these are -- >> there's a lot of homes in the hamptons and we all know these that have 20 -- well, not kids, but 25-year-olds will pool together, that has five bedrooms, so alternate weekends -- no, not that house. but there are other houses where people do that. still expensive. $25,000 or $30,000 per person for every alternating weekend. >> but an indoor water slide. money just can't buy that. >> actually, it can.

>> this is the most that brokers have ever seen, demand for $1 million listings. >> this is sure to nation's heart back to wall street. >> the cockles of americans' hearts have been warmed. >> or at least rich russians. >> that kind of money could buy a new heart. thanks for watching "street signs". >> "closing bell," coming up next. hi, everybody. we're into the final stretch. we're into the closing bell. this market in the green, but we have given up a fair amount. about half of today's gain eliminated as we approach the final stretch. >> we were up 218 points on the dow at the high of the day. that gain has been cut in half. however, even if we were to close -- right, right? well, why not? even if we were to close well off the highs of the day, but still higher, it would be the 20th straight tuesday that we've had a higher -- >> go figure! >>