gain. so prap breaking through a technical level here, adding some of the momentum as we hit, you know, 1:00 in the east or thereabouts. biotechs, want to show you those, keep you up to date with the stocks on the move today. a number to the downside. cell gene and gilley ed among te best performers of the year. "power lunch" starts now. >> lace them up, half "time" is over. the second half of the trading day starts now. >> thank you very much. it is a monster and it is moving this way. up and east, ladies and gentlemen. just in time for thanksgiving. so what it means if you plan to be on a plane in a train or in a car. when should you leave? i think i'm going to go right now. if you don't mind, get a jump on this thing. what's the timing, will it be rain or snow and where? it's a big storm. weather channel standing by. byod, bring your own device. is your company about to say bye-bye to the blackberry and when they do, what's going to

happen to you? the growing trend is on our radar today. companies saying you supply the device, we'll support it. entrepreneur of the year, according to "inc" magazine, a big contest and they are going to make the adjustment right here on "power lunch" in this hour. you're going to want to hear about this young person and what he's doing to change a field that we're all going to use over the next few years. first, though, to sue at the nyse. >> can't wait, ty. good to see you. the weather is turning pretty rough outside of the nyse at this hour. if the dow closes above 16,072 it will be another record close and looks like we're heading in that direction. in 12 months the dow is up 24%. right now it's up 20 points at 16,093. take a look at the nasdaq, well above the 4,000 mark and up almost 35% in a year. right now, up a half a percent or 21 -- almost 22 points at

4,016.43. sheila dharmarajan is in times square and starts us with our coverage. >> hey there, nasdaq firmly above the 4 k level around 4,016 and in part due to some big gains by apple up by more than 1.5%. google and amazon hitting new all-time highs. remember, we haven't seen nasdaq 4,000 since 2000 so we thought it would be worth to take a look at how nasdaq 4k is now versus how it was back then. back then remember, companies could go profitable if you just had eyeball accounts or a dotcom in your title. right now nasdaq companies are much more mature and based on profits. so take a look at the nasdaq 100. 51% of those names actually pay a dividend to their shareholders. about half of those names have a dividend yield above 2%. back in the go-go tech days only 11% of the nasdaq 100 actually paid a dividend. now the biggest difference

between the nasdaq 4k now versus nasdaq 4k then, valuation. so right now the nasdaq is trading right around 20 times average pe. back then p/e was 19 times. even if you take out the crazy outliers of 1,000 pp/e figures. it's a different story than back in the go-go tech days. a lot of metrics investors are pointing to to say we're not in a bubble when it comes to the tech heavy index. one of the people say is we're always talking about the high flying momentum names. we still do have them in the nasdaq. people love to talk about tesla and netflix these stocks that have risen up hundreds of percent but also just a many companies profitable and paying back their shareholders. one company in focus today is google, that stock hitting an all-time high. as forward p/e over 20 times not super expensive and here's

what's interesting, market cap now, $350 billion. in fact, it's approaching the market cap of exxon. sue, back to you. >> sheila, thank you very much. all right. we have another auction today as we try to get rid of 90 plus billion dollars. to rick santelli now in chicago to see what the grade was. rick, yesterday was an a-minus. how did we do today some. >> b. b for boy today. above average. and the five-year affectionately known as the longest short maturity on the yield curve, $35 billion are now in the hands of investors. let's go through the metrics, yield at auction, 1.34. the one issue market was volatile, at the end flip flopping, but 1.34 went from bid to offer to bid. i would say that we nailed it exactly where it was trading. if we look at 2.61 bid to cover, close to the ten auction average, 2.67. we're a little strong on indirects of 50%, light on directs of 10.8.

what's fascinating dealers took a bit less than 40%, 39.2% to be exact, of this auction, so we have 29 million seven years left and i like the word you used, the treasury getting rid of $96 billion in supply this week. back to you. >> well, i was kind of at a loss for words and that's what i came up with. thanks. thanks, rick. see you in a little bit. let's go up town to seema moody for a market flash. seema? >> social media stocks are rebounding today after what has been a volatile couple of days for these basket of stocks. some analysts have pointed to valuation concerns, facebook by the way is trading at 54 times forward looking earnings, but that doesn't seem to be worrying the street today. we're looking at facebook shares up about 3% and twitter shares up by 3.3%. tyler, over to you. >> thanks very much. to that developing weather story. the nation is watching very closely. this is video last night in nashville. ice advisories all over the

music city and dallas, they are getting set for the storms. salt trucks filled up and on the move at the president george bush turnpike. milwaukee snow messing up yesterday's commute. now what? the weather channel's maria la rosa filed this report for us a few minutes ago. >> reporter: this storm has everything along with it, the severe weather as well as the wintry side. heavy rainfall in the southeast right now and concerns about some of the stronger thunderstorms perhaps tornadoes well into the afternoon and evening here. it is the freezing rain through the higher elevations and eventually it is going to be a big snow producer. timing it out, lots of moisture with the main area of low pressure. the cold air comes down here during the day on wednesday. the winds are going to be whipping in through the northeast so it's the rain and wind for the i-95 corridor. timing it out precipitation wise, you have icy conditions there in purple, mainly the mountain areas. by wednesday looking at that cold air turning a lot of this to snow. some of it will be heavy at times, and talk about heavy at

times the rain along the i-95 corridor that includes the big northeast airports, boston, new york, philadelphia, d.c. expecting delays because of that. as far as the snow this is impressive. maybe as much as a foot and half of snow for portions of western pennsylvania, western new york state. out of the snow the i-95 cory tore, but it is going to be wind and rain that will snarl traffic here for the day on wednesday. back to you. >> all right. may ra reporting. gabe gu tear res of nbc news is live in atlanta. you're near hartsfield. what's happening in your as al roker likes to say, neck of the woods? >> well, there's a lot of chilly rain as maria mentioned. here's the good news, temperatures hovering around 36 degrees so none of that rain has turned to ice and we're seeing that here at the airport. no major delays to speak of. just looked at the departure board. some flights dealing with about 15 minute delays but nothing worse than that. according to flightaware.com in the southeast in memphis there

were delays earlier as well as in charlotte but those steam to have worked themselves out. we're watching the storm system as it heads to the northeast. atlanta, of course, a major airport. the world's busiest airport with about 63 million passengers each year so should be interesting to watch over the next day or so, this busy travel day tomorrow, how this storm impacts travel. right now in atlanta dealing with chilly rain, but no ice and no major delays. sue, back to you. >> thank you so much, gabe. if the weather isn't a problem for air travelers, you're likely to run into some other obstacles this holiday season including packed flights. 'tis the season for capacity. so phil, why don't they just add another flight to get more people where they want to go? >> you can't do that, sue. this is not like you have an extra suv in the driveway and somebody needs a ride to the football game. you're talking about the complex formula of routes, structures, in terms of where planes are, and there are no spare planes available. the system is maxed out to capacity across the country so it's not as though there's a

surge that they need in one particular area and when you look at what the airlines are doing this week, there's a perfect example the folks at moss flight put this together when you look at delta, perfect example, thursday and friday when fewer people are flying they bring down their capacity. saturday and sunday, sunday being among the buttiest of the year they bring back all of their flights. what you're dealing with it's a constricted formula here where there's just not enough planes and you can't just add a flight in a particular area. >> you know, there was some talk at some point, phil, of adding perhaps taking a foreign airliner and borrowing it planes but it doesn't sound like that would work either? >> no. it's still against the law. and on top of that you have union issues and you also have issues in terms of how many slots are available for taking off and landing and then how do you time where you're going to add that plane on a particular weekend? sure, it's easy to say we want that particular knight between los angeles and chicago, and that might work, might not work.

it's too tricky in order to say we're going to bring in a foreign carrier to fly a few flights in a particular route. >> right. given the weather situation, phil, which, of course, is always changing, how much are the cancellations if they do happen on a widespread basis, going to hurt the airlines over the next couple days? >> flight aware said that they've canceled 339 flights today. i think there will be some impact, but not a huge impact. we haven't heard any estimates from wall street at this point. the airlines factor in x number of days a year where they expect to have a storm that's going to cancel a significant portion of their flights. doesn't help that these are hubs on the east coast that are getting hit by this storm, but so far, based on what we've seen i don't think it's going to be a huge impact, sue. >> well that's some good news. thanks, phil. appreciate it very much. ty, up to you. >> folks, this holiday season is going to be the shortest in at least a decade and this winter storm is adding to retailer

anxiety. will the big storm hurt black friday sales? paul walsh studies business trends for the weather channel. >> snow and rain would be hor fbl it happened on black friday, but this year it looks like retailers will dodge a bullet and we're going to see the worst of this today and really tomorrow so it will be a big travel headache. by the time we get to thanksgiving of course it will be windy and might impact the macy's day parade but black friday will be clear. we've seen through polling there's been a huge increase in the northeast for demand for outer ware as we moved into the first part of november. that sort of bodes well and as long as we can keep the snow and rain away from the weekend, it will be a good sign for the rest of the holiday season. >> paul walsh. that of course is going to be a relief for many retailers that are planning to get a jump start on black friday. kmart, toys r us, american eagles, sears, jc penney, target, kohl's planning to open

early on thanksgiving. who's not? costco, bj's wholesale, nordstrom, sacks, lord and taylor, they will be closed all day thanksgiving. and now back to seema moody for a market flash. >> hey, tyler. take a look at amazon shares hitting a record high. the company announcing an exclusive content licensing agreement with the independent film studio a 24 in an attempt to extend the archive of television show and films currently available on its streaming video site. amazon prime instant video. see shares up about 1.2 pr on the day. >> thank you very much. one of the top luxury names out with earnings, tiffany's sparkling in the third quarter due to rising sales in china. earnings at 73 cents a share, well above the 58 cents that wall street expected. revenue comfortably topping estimates, rising almost 7% from a year ago. that is organic growth. high-end jeweler raising its full year forecast. the stock up, look at that,

nearly 9% at $88.25. up more than 50% so far this year. almost 54 pr. men's warehouse making its own takeover offer for joseph a. bank. men's wearhouse offering $55 a share valuing them at $1.5 billion, an 8.7% premium over its closing stock price on monday. more than 30% above its price in october when it joseph a. bank made a takeover offer for men's wearhouse. joseph a. says it will respond to the offer in due course. sounds like they're in hurry. men's wear house up 60%, joseph a. bank up 30%. >> two strong reads on housing. home prices up by the highest amount since 2006 and permits to build new homes surging to their highest level in five years. diana olick is in washington with details on bothp. hi, diana. >> hi, sue. you're right both reading are

high but as always we need to look inside those numbers to find out what's really happening. take a look, first to permits. we didn't get housing starts because of the government shutdown delays but building permits did rise 6.2% in october month to month and are nearly 14% higher than a year ago. strong, yes, but largely on the back of multi family apartment construction. single family permits were up nearly 9% from a year ago but multifamily was up 24%. there is your renter nation folks. why are so many renting? because home prices are jumping ever higher. up over 13% on the s&p case-shiller home price index in september, both the top 10 and top 20 markets. prices rose at their fastest annual pace since february of 2006 a lot because distressed home sales is lower than a year ago and also it's still very low inventories of homes for sale. single family construction is no where where it needs to be to

meet demand. analysts are expecting slower price growth in q4 as they move out and leave the markets to regular buyers, buyers facing tighter credit. >> thank you very much. we've covered snow, retail, nasdaq, the whole thing. we've covered it all. the dow near a record high and housing. when we come back, we will get the take from wall street. the chief investment officer at northern trust and chief invest ment strategist at ubs wealth management are set and ready to go. there you see them. their advice right after this short break. stay with us. in a world that's changing faster than ever, we believe outshining the competition tomorrow requires challenging your business inside and out today. at cognizant, we help forward-looking companies run better and run different - to give your customers every reason to keep looking for you. so if you're ready to see opportunities and see them through, we say: let's get to work.

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hormel moving higher, maker of spam, corn beef hash, chili, the whole thing. fiscal fourth-quarter profit 58 cents a share. hormel also raising its quarterly dividend at 20 cents a share from 17 cents. that stock is up some 43 pr. for the year so far. sue? >> did you have some red bull before the show? you're all fired up today. all right. the russell 2,000 hitting an all-time high while the nasdaq composite surges to a 13-year high. question is, where do we go from here and is it too late to put new money into the market. welcome back our mower players, katie nixon and mike ryan, chief

investment strategist at ubs wealth management. katie, i'm going to start with you. you think there is more room for the market to run based on valuations, correct? >> we do. we like the u.s. market still based on three things. first of all as you mentioned valuation does not look stretched. in fact, we're right around historical median. fundamentals look positive. we came through a pretty good quarter of earnings and revenue growth. then thirdly we believe strongly that we'll still have this fiscal tailwind and monetary tailwind into the new year. >> mike, i think you disagree a little bit and you think that stocks have had a nice run certainly and been correct on that call all along. you think now we're fairly valued, is that correct? >> yeah. i actually don't disagree with what katie just said. i think market is going to continue to move higher. markets are only trading at fair value and when you get fair valued markets you get fair returns. we're not going to kind of get the big closing of the gap or the rerating of stocks we've had this year but it doesn't mean some of the things that katie

pointed out won't happen over the course of 2014. i thinks earnings growth will be solid, not spectacular, the policy backdrop will be supportive and stocks will do well and we still have a favor position in terms of u.s. equities. >> what's the biggest threat to the market sts. >> certainly we saw earlier this summer the threat of a miscommunication or a policy mistake on the part of the federal reserve. a lot riding on monetary policy and distinguishing tapering from tightening will be important as we enter 2014. we'll probably see tapering some time around march. >> do you agree with that, mike? i think the difference between tapering and tightening is something we've talked about frequently. if we have slightly higher interest rates that's one thing, but if we get dramatically higher interest rates it's a whole different thing. >> i agree. the most likely scenario the fed begins to taper in march. we'll have a new sheriff in town, janet yellen. from everything we've seen and heard she's going to take a pragmatic cautious approach to

monetary policy. that suggests tapering comes if anything later than sooner. one thing i did want to mention here, sue, maybe follows what katie said, while all the focus has been on what can go wrong there's a couple things we could see over the course of the next couple months that could be to the upside. we could see progress in washington on a couple fronts. some movement towards corporate tax reform, easing of sequestration and we could see some tepid steps towards addressing some of the entitlement issues, for example, change in the cpi index. let's not look at the risk purely to the downside. there's upside risk as well. >> you're nodding your head in agreement. >> absolutely agree, things not even priced into the market right now. i agree. >> thank you both, very much. if we don't see you before have a great thanksgiving. >> you too. >> katie nixon and mike, thank you so much. >> ty, up to you. >> folks been a long time addiction but wall street may be able to go cold turkey ons the blackberry for good. byod, bring your own device.

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date. tyler and sue. >> all right. the end of the love affair between corporate america and the blackberry may be upon us. kayla tausche, this -- should i weep over this? >> i don't know. depends on what camp you stand in? >> two camps forming on wall street and another major companies, the haves that have two devices one work blackberry and those that just have one device, ditched the blackberry in favor of something else. before companies wouldn't let employees switch or bring their own device for security reasons. but now they're embracing it with the help of a not so new app called good. good is an app that lives on a tablet or smartphone, securely connects any apple or android device to a company's survey, e-mail, calendar, contacts, secure documents an its security rating is two levels higher than blackberry. ceo christy wyatt formally an executive of citigroup, motorola and palm said blackberry's troubled corporate state has led a lot of companies to explore other options.

>> we've seen within our own active user base we've actually grown our active users by 50% within the last three quarters. so that just speaks to the acceleration in the market. >> wyatt said revenue has jumped in the last 30 days and while a small population of workers had company issued phones before, now more employees can stay logged into the network sometimes paying for the phone and data themselves and some bankers tell me if a new version of an app comes out it's easier and cheaper than having to buy a new phone to upgrade that. 5,000 downloads a day and the company expected to go public next year. it's not the only company trying to take advantage of blackberry's device moois. krits trix, they provide similar services. companies prefer good because it's a secure platform and you don't need a key to be or anything to access it. it lives on your phone. >> overcoming the internal opposition of the i.t. departments is a big, big thing. they are on board with good? they feel comfortable with it? >> they're on board. actually in the piece that we

have on the web right now, one of my sources told me that morgan stanleytives discussed this year whether they should ditch blackberry for good. no pun intended. >> yeah. >> and they said it would be too expensive for us to buy all new device for our employees so we're going to start shifting them on to their own devices slowly and surely trying to make that migration. >> you the employee are going to get stuck with the data charges. >> some of them don't mind. they would rather use it. that's how much they want to use that. >> which do you like better? >> no comment. i'm an impartial reporter. >> yeah. all right. thank you, sue, down to you. >> ty, the metals markets getting ready to close right now. let's take a look as we go into the close. flat on gold at 1241.50. silver down, copper is negative and the plat the numb market negative. gold is the only one that has been hanging to off and on a slight advance. the bond market, we had a second

auction of the week, $35 billion in five-year notes, the high yield at 1.340%. the bid to cover the measure of demand came in at 2.61%. and that compares to the recent average of 2.67%. rick santelli earlier on, gave that auction a solid b. and the yield on the ten-year has dropped to 2.70% as a result. you're up to date on the bond market. cashing in on the new american oil sector. the man that wrote the book on it tells us the stocks that you need to watch. plus, he's a serial entrepreneur and has one of the biggest followings on social media and we've got him. chuck bay -- i'm sorry. gary, i'll get it right in a second. he weighs in on new jersey's decision to allow on-line gambling what's fueling the on-line door and the big thing coming up next.

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welcome back to "power lunch." take a look at this, investors who closely follow the actions of carl icahn in 20 companies over a five-year period, would have gotten an annualized return of 28%. this from a study from his investment firm icahn enterprises. the return beat the 18% of the standard & poor's 500 stock index and doubled the return of warren buffett's berkshire hathaway the studied show. that's a good gain right there for icahn's portfolio. back to you. >> sure is. thanks so much. on-line gambling comes to the garden state. today new jersey regulators giving the green light to six casinos to offer internet gambling state wide. gamblers must be within new jersey. the state joins nevada and delaware as the only states offering internet gambling. the ceo of 888 holdings will be on "closing bell" to talk about his major decision and his

company operates several high-profile gambling websites. >> power run down time. with our entrepreneur gary vaynerchuk, one of the popular guys in social media with more than 1 million followers on twitter and ceo of boehner media his book "jab jab jab right hook." gary, states allowing on-line gambling, is this inevitable? is it the next big thing in the gaming business? >> yes. >> yeah? >> this is great. revenue for states saves us in tax dollars. it's happening anyway. it's time for us to be on the offense on this issue. i mean the percentage new jersey is taking is 15% instead of the 8. this is great. >> but an awful lot of the old-line casino operators including sheldon addle selson taking the position the record companies took a couple decades ago, that this is a bad idea. >> he's protecting his game, i respect that too.

the technology movement is inevitab inevitable. time for him and everybody else getting hurt by it jumping on the offense. >> embrace the future don't run away from it. sue, next to you. >> we'll talk about ceo turnover and five-year high, 43 s&p companies working under new ceos this quarter, jumping ship or getting shoved out? >> shoved out. >> is it the activist -- is it a tougher board? is it activist shareholders? maybe all of the above? >> really honestly, i think it's the world is changing and we've got an enormous amount of people in place that grew up with traditional b school training, gals and guys with that training, who are not adjusting to the insane speed of change in marketplaces and the boards are starting to realize that. they don't want to end up looking like blockbuster. >> a lot of boards have been accused of being too soft, not being too activist enough. >> with respect to the boards they look like their ceos and that's the problem. >> that may be. >> yeah. generally friends of the ceo. >> true. >> let's talk about what may be

a teenage wasteland for retailers this year. there is no, that i can see, super hot product. nobody seems to have the inside track here. what are the retailers missing as they try to reach that marketplace with a lot of disposable income? >> they're missing everything i wrote about in this new book. if you do not have -- figure out how to market on snap chat and vine and instagram and you think you're going to get to teenagers through banner ads or billboards or television, you're going to lose. they're not story telling -- >> television? >> yes, it television. >> hold on. >> not a lot of 13-year-olds watching this right now and you to figure out where their eyes are and attention is and big brands are missing that bo et. >> instagram that's what all the kids are doing. >> every single 14 to 20-year-old is on instagram. if you're a major retailer, kmart, walmart, target, don't realize how to story tell there they're dead. >> fda, warren's google back, private start-up run by sergey brin's ex, due to lack of

parnsy. you've done so many companies, what are they doing wrong if anything? >> i'm not sure here. this is my classic are the entrepreneurs doing the wrong thing, big government trying to jump in. a lot of people have used it and found value in it. i hope it gets sorted out. >> let's talk about what you see as the next big thing on the social media horizon, the corporate horizon. what are you looking at? >> things that are destructing real world technology layers like ubber are changing the world and smart everything. smart phones now, but what about a world of smart refrigerators. when your refrigerator reorders your soda, costco, walmart, they're in trouble and what about smart pants when your pants text you in the morning and tell you to lose some weight. >> i'm known around here as mr. smart pants. come on. >> i think these smart -- >> i'm ahead of the game. >> smartfication of our world will have a bigger impact and

the people watching this. >> do we have the infrastructure, though, outside of the social media realm? >> the internet is here. everybody uses buzzwords like facebook and instagram. this is not the internet. your refrigerator will order products for you within the next decade. fem if i'm a retailer i'm concerned about that. >> what does ubber do? >> basically changed the transportation industry. it's on demand cars and taxis. b and b a threat to the hotel industry. i'm telling you everybody is grossly underestimating what's happening. >> do you think it's going too fast, though? that things are moving so fast -- >> i don't think it's up to me -- >> people can adjust to it. >> i don't think it's up to me or you. things are moving progressively fast. it's up to us to adjust to the wave instead of trying to fight it out. >> very interesting. >> look at all of those disruptive technologiespp. look at the people who are breaking things, not necessarily making things. >> the practical, right?

my smart refrigerator that's a decade. it's happening now. >> in just a few minutes we'll reveal the entrepreneur of the year for 2013. he is exactly this kind of entrepreneur. >> he's that guy. >> going against conventional wisdom, taking on the big four of software and business software. >> definitely is. >> gary, great as always to see you. >> thanks for having me. >> sue, down to you. >> thanks, guys. pope francis has only led the catholic church for eight months now but already had a very big impact steering the church away from past conservative policies but now the pope is zeroing in on another target that is money. and eamon javers has the story live in washington. >> hi, sue. pope francis has issued his first major written document today. it's called an apostolic, a proclamation written by the church based on what the church says is his personal reflection. the pope is critical of the excesses of modern market-based

capitalism. take a look at this sentence excerpted from this document today from pope francis. the pope writes, how can it be that it is not a news item, when an elderly homeless person dies of exposure, but it is news when the stock market loses two points? the pope goes on to be very critical of a number of aspects of modern finance, touching on the global financial crisis. he also criticizes what he calls trickle down economics. sue, the pope very, very critical of a focus on wealth and profits above all us. he says the onus is on wealthy people to do something to help the poor. sue? >> yeah. i was going to say, i wondered whether he was going to say that the responsibility for those who have more, is greater. >> yeah. >> that has been his message consistently on other issues. >> it is a very long, very

thoughtful document. posted on the vatican's website right now. in it the pope expands on the themes he's been teaching throughout his papacy thus far. obviously a very new pope, a new approach to the papacy and today a very new document and very critical here of what he calls the excesses of market based capitalism calling for those people who are fortunate in life, to turn around and do something to stop the exclusion is what he calls it of other humans in this society. a broad and profound document. >> it's interesting that it's issued at a time when we're talking about all-time highs, you know, in the stock market and the dow jones industrial average and nasdaq 4,000. i'm sure everyone should read it. a man, thank you. >> that's right. he has just been named entrepreneur of the year and we will introduce you to him exclusively on "power lunch." his company is in a red hot space in tech right now. so will he go public perhaps? we'll talk about that. plus how to make money in the new american oil ek sector.

the man that wrote the book on it tell us the stocks you need to watch when we come back. ♪ ♪ no two people have the same financial goals. pnc works with you to understand yours

and help plan for your retirement. visit a branch or call now for your personal retirement review. hmm. ♪ mm-hmm. [ engine revs ] ♪ [ male announcer ] oh what fun it is to ride. get the mercedes-benz on your wish list at the winter event going on now -- but hurry, the offer ends soon. [ santa ] ho, ho, ho! [ male announcer ] lease the 2014 ml350 for $599 a month at your local mercedes-benz dealer. ♪ ♪ ♪ [ tires screech ] chewley's finds itself in a sticky situation today after recalling its new gum.

[ male announcer ] stick it to the market before you get stuck. get the most extensive charting wherever you are with the mobile trader app from td ameritrade. in today's yahoo! finance question of the day, with on-line gambling beginning in new jersey would you take part if you lived in a state where it was legal? take a look at the results, 19% said yes they would, 73% say no not really and 9% aren't quite sure yet. all right. let's see what's up at 2:00 p.m. eastern time on "street signs." >> thanks so much, sue. yeah, the top of the hour, on the back of some fairly startling comments from robert shiller this morning, has investor activity in the housing market peaked and what does that mean for the housing price situation overall? to boo financial topics, those awkward topics at the thanksgiving dinner table. a survey says americans plan to eat less at restaurants next

year and the reason why might surprise you. what stocks will lose is our question. coming up at the top of the hour on "street signs" and back to you on "power lunch." >> i'm going to try to eat less not necessarily in restaurants. what makes an entrepreneur an entreprene entrepreneur? seeing the future before anyone else seeing around corners, creating a product, personality, drive, brilliance? eeshg is "inc's" editor in chief about to reveal the entrepreneur of the year on "power lunch." welcome. good to have you back. >> thank you, tyler. >> great to see you. how do you define an entrepreneur. >> a guy that starts with nothing and builds something that lasts out of that. >> do you have to have a great product in mind, do you have to have drive? what is the inspirational moment that most of the entrepreneurs that you study and write about in "inc" have in common? >> it helps to have a great idea but that's not really necessary. that's not the one essential

thing. the essential thing is fire in the belly, that ability to just keep going even after you get knocked down. and that also helps to be really energetic, persuasive and a great salesman on behalf of your company. >> you have to be able to take no for an answer and search for yes, right? >> you are going to find everyone telling you it's not going to work, find people telling you that you got to go back to your job, and you got to just never, never give up. >> never give up. >> and when people say it can't be done the entrepreneur says? >> yes, it can and i'm the one to do it. >> let's talk about how you identify the individual who "inc" names on its cover the entre pure nur of the year. >> we wanted someone successful and this guy is the way only a hot silicon valley can be. he took his company from his dorm room at usc. >> another one of these dorm room guys. i was in the wrong dorm at virginia all those years ago. >> a bit younger than us, tyler.

this guy. 900 employees, $1.2 billion valuation for his company. >> and so let's reveal who the entrepreneur of the year is. >> the entrepreneur of the year is the 28-year-old ceo of box aaron levy. >> aaron levy joins us now. aaron, welcome. and cup gratlations. we're delighted you're with us. >> thank you very much. how are you doing? >> all right. fantastic. >> tell us about your company, what does it do? apparently thousands of people and businesses are using it. and you're competing against some of the biggest of the big in cloud computing? >> sure. so we at box, we help businesses store, share and manage their information in the cloud securely. so any of the documents and files and information that you feed to work on every day, we help you and help large businesses be able to collaborate around that information and pull it up from any device. companies like procter & gamble, disney, toyota, eli lily, many

large corporations use us to help secure and share their information. >> eric was telling me today that a lot of your success has come about because users have found you just sort of organically, then they bring it into the company, and so how do you make money? >> well, so what we realized early on in about 2006 or 2007, was that the next era of enterprise software was going to be both defined and driven by end users within organizations. all of a sudden you bring in your own tablet, smartphone and you want software that you can choose to be able to use on those devices that will help you be more productive. millions started bringing box into the work place and we built a whole set of security and advance functionality and ways of integrating box into your business in different -- in different industries and with different levels of extensionibility and large enterprises pay for those

services to be able to add more value on top of box and how it's being used. >> let me let eric get in here. >> who are your biggest competitors and how are you fighting them some. >> the industry is going through a massive transition where you have a lot of legacy enterprise and i.t. technology companies. many of them are certainly responding to these trends but companies like microsoft and ibm and emc and others are sort of where the world is coming from and our job is to make sure that we have a next generation platform that large customers and even small and medium businesses want to be able to adopt to be more productive. >> two further questions but first let me turn to the question of security. there's been a lot of concern with the nsa hacking, spying scandals and other things about security on the cloud and from some of the biggest companies in the world. google's eric schmidt saying they're stepping up the security efforts at google, saying this was an incredible statement to

me, what i can tell you is now that we're safe from the chinese and the nsa. to have those two entities mentioned in the same breath is st stunning to me. >> it interesting parallel for sure. we make sure that the -- we have all of the sort of best security on our back end and as well throughout our product. the only way we can succeed as a company and work with the kinds of enterprises we work with is by having the most secure and robust systems that are available. but the market is certainly gone through an interesting period with the nsa and a bun of those revelations and we have a lot of thoughts on the issues with that and what we're trying to do to build a better platform for our customers. >> tell us about some of those thoughts, aaron. what do you think about the nsa and is box safe from prying eyes from the government? >> we obviously think that the nsa has overstepped their position and a lot of the boundaries that should be upheld from a privacy standpoint. i think there's not enough sort

of chex and balances or visibility in how the nsa operates. we're more fortunate because we play outside of the space the nsa is generally looking at from a google and a facebook and a kind of consumer internet standpoint. we serve enterprises which tends to be a different area nan what the nsa workses on. our job is to make sure we have the most secure systems for our customers at any scale. >> i thought you were going to say we work outside the box but that was going to be too corny. >> i don't do box pun. you've been raising a lot of capital. when do you anticipate you will go public? is that in your future? >> well, you know, unfortunately not something we talk about too much so we can't share too much on that. the kind of business that we're building is certainly one that we want to be independent over the long run and that leads you, you know, to that kind of outcome at some point. there's no time frame we're operating on. >> congratulation on this accolade. >> thank you. >> the entrepreneur of the year, there he is, looking sharp there

in that suit, aaron, thank you very much. >> thank you. >> i'm sorry. >> it's either way. >> either way is fine. i like you already. all right. eric, very good to see you. sue, down to you. >> congratulations, aaron. >> thanks, guys. making money in the new american oil sector. the man who wrote the book on it tells us the stocks that you need to watch for. "power lunch" is back in two minutes time. in a world that's changing faster than ever, we believe outshining the competition tomorrow requires challenging your business inside and out today. at cognizant, we help forward-looking companies run better and run different - to give your customers every reason to keep looking for you. so if you're ready to see opportunities and see them through, we say: let's get to work. because the future belongs to those who challenge the present.

it isn't too late to profit from the surprising resurgence of american oil and gas. that's according to the wall street journal's greg zuckerman his book is "the frackers" the outrage us inside story of the new billionaire wild caters. good to see you again. congratulations. >> thank you very much, sue. >> you wrote the book and, you know, it's getting a lot of press. when people come up and ask you how to make money in this sector one of the things you mention is the fact that you have to look past some of the household names. you have to look a little bit deeper? >> that's exactly right. the people that missed this revolution are exxon and chevron and shell and the people that have made the most money are companies you wouldn't have expected continental resources,

eog which is worth more than the combined value of alcoa, hershey and a bunch of other small and mid-sized companies nowadays. focus on the mid sized and smaller players. pioneer is an interesting one when you talk to analysts. >> you know, what about the big guys, though? will they then try to get into this sector by either buying some of these other companies or getting into the sector themselves by doing some of the exploration or are they outliers right now? >> you are seeing them get back in. a few years ago, obviously, exxon bought xto, spent about $41 billion. more recently some companies like shell are saying they pay too much for some acreage in places like the eagleford and pulling back a little which again gives the mid-sized guys a little more opportunity i would argue. >> did you ever see the day -- did you think you would see the day when we are really on the verge of being energy int pent? it is a fa nominal story? >> that's why i wrote this book

because if you are over i don't know, 30 years of age, you remember when we were running out we were scared, nervous as a nation and now a company like shahnear will be exporting natural gas in just a few years. that's a remarkable turnaround and remarkable fortunes made and lost as a result. >> all right. well, mark, thanks so much. really a -- greg, rather. appreciate your being here. good luck with the book. >> thank you very much. good seeing you sue. >> three of the biggest winners in today's trading coming up next when we return. ya know, with new fedex one rate

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all right. let's take a look at where the dow is right now, up 34 points on the dow jones industrial average. 5 points to the plus side on the s&p 500. and 25 biggest percentage gain in the nasdaq which is up two-thirds of a percent. we want to look at the broader market average because the russell 2,000 has hit an all-time high as well and it has a gain of just under 1%. and the vix is something people down here are talking about because look at that, down almost 2% on the vix. some people are saying that is kind of talking about complacency and the fact that many people think that this market has more to go. so we're watching the vix very closely. tiffany, hormel and lennar, the

bigger movers to the upside. tiffany up 9% on the trading session. who doesn't like that little blue box, ty? >> very interesting day. the nasdaq above 4,000 and as sheila was pointing out this hour how different a 4,000 this is than the last time we were at it. that will do it for today's edition of "power lunch." thanks for watching. >> "street signs" begins now. ♪ yeah, time, time, time, see what's become of me. i'm probably stuck at an airport. the late e on the winter blast that couldn't come at a worse time for millions of soon-to-be very hungry travelers. happy thanksgiving eve eve on this freezing day here. housing remains hot all over the country. but is there one big reason to doubt the run? the weighty topic that could sink restaurant stocks next year an the potential winners and losers from new jersey. bigli