>> both these stocks have done tremendous over the last year. lot of momentum behind the airlines despite lousy weather. you got to give them a little slack. final trades. josh? >> luv. earnings thursday. >> i like sienna. >> k-r-e. "power" starts now. big down day for the dow but the s&p and nasdaq are holding tight. >> indeed they are. we will start with bob pisani, because the market really is the story this hour. we touched down 130 points, then the market bounced off a little bit but give us what traders are watching right now from your perspective on the floor of the nyse. >> it's an unusual day because the s&p is flat and the dow jones industrial average is down half a point, half a percent. 50 basis points is a big difference. let me try to explain why that's happening. put up the s&p 500. we were weak, well, not far right after the outset but we hit a little bit of an air pocket right around 11:00,

around 1840 on the s&p 500. nobody was particularly talking about that as a technical level but we did see suddenly a raft of sell programs come in a little after 11:00 as we hit that 1840 level and the market's just dropped lower. there is two reasons why the dow is underperforming the s&p 500. the first is that there are three dow components out with earnings and all of them are trading to the down side, not because they were necessarily terrible earnings, but investors sold right on the news. johnson & johnson beat but the outlook was disappointing. travelers had a very good beat, good numbers, but their commercial lines have been slowing down. the other reason the market is weak, the dow is underperforming, is high priced stocks, stocks over $100, are weighing on the dow and having a disproportionate effect. we have had a lot of high priced stocks in the dow recently. there are now seven over $100 and four of them are now having a negative effect on the dow.

back to you. >> bob, thank you very much. we will pick it up. beyond the markets today, we have several big stories to get to, including a "power lunch" exclusive about your financial future. together with cnbc.com, we will now release this hour key information about what the top 1500 financial advisors in the u.s. think their clients should do with their money now. here comes the snow. we are tracking the storm as it dumps on the east coast. there you see it. it's cold, the snow is coming down. it is a very fine snow that is going to pile up a lot. washington, d.c. already basically closed for business. there will be flight delays. we will have that for you. plus another key story for air travelers. big changes coming from the federal aviation administration concerning takeoffs and landings, how they get coordinated, sequenced at the nation's biggest airports. if you travel, you want to know about this. now that exclusive information on what financial

advisors are recommending for their clients. sue? >> we are going to introduce you to jim pavea, welcome. a pleasure to have you here on "power lunch." jim covers the financial advisor beat for us at cnbc.com and he just commissioned a survey of 1500 advisors. he's here to break down the key points and after that, ty has a terrific panel of advisors to kind of flesh that out. so jim, let's get to it. 1500 advisors, this writis wher they are putting their clients' money to work. what did they tell you? you asked where is the right place to put capital to work in 2014. >> right. it's obvious from the study that was done that advisors are totally bullish on stocks. 87% of the advisors that were polled, certified financial planners, said stocks were the way to go. interestingly, the remaining 13% was commodities, real estate and other alternative investments, bonds. so that was just bringing up the rear. >> you know, it makes you wonder whether or not after a year with close to 25% gain in the dow

jones industrial average and almost a 30% gain in the s&p that there isn't more of a hedge, if you will, in this number in the alternative investments. >> that's a great question, sue. you know, advisors know that their investor clients are nervous, they are asking about a bubble, but they're saying stay the course. many of these people have a long horizon in their retirement portfolio so they are still saying stay with the stocks. >> all right, but that brings kind of the subtlety to the second question that you pose which basically is, you are discussing increasing your clients' exposure to international investments and you made the point earlier when we were talking that they are still sticking in equities but not necessarily in the u.s. >> right. they're getting away from domestic. 81% of those advisors polled said they were going to have some serious conversations with their clients about getting international exposure. then we broke the question down even further. are you going to go to europe, emerging markets, it's almost split, 51/41.

so they are looking at emerging markets, they see opportunity. you are absolutely correct, they still want to stay with stocks, but now they are saying get away from domestic, go international. >> did you drill down into this 21% europe and 23% emerging markets? did they specify which emerging markets they liked or not? >> that wasn't within the study. but again, what this all comes down to when advisors are working with clients, they want to look at the risk tolerance, they want to look at within the portfolio where are you looking. so every client is different. every investor will work a different way with their advisor. it really depends on the risk tolerance that the investor can handle. >> absolutely. jim, thank you so much. ty, over to you. >> let's continue the conversation by bringing in some of the financial planners who participated in our survey. diane is co-founder of lasuz whirley.

welcome to you. it's clear that the bias of financial advisors in this survey is for equity but there is an awful lot of interest, i am sure, among your clients in income. what are you doing to deliver income in your portfolios for clients who need or want it? >> we build diversified portfolios for our clients which helps them achieve their goals and maintain their principal but you have to have equities in the portfolio to get the growth. our fixed income exposure is more positive than what was in the survey. we are different. we use a wide variety of fixed income products -- >> like what? >> preferred stocks. closed end funds. bdcs. >> what is a bdc? >> business development corp, i'm sorry. which produce much better yields. a preferred stock, a good quality preferred stock can get you a 7% yield.

>> david, one of the things that was in the survey was the differentiation between domestic equities and overseas equities. i assume that you have your clients in some international shares. >> absolutely. >> do you think this is going to be a year where international stocks are going to perform better relative to u.s. stocks or not? >> tyler, i'm not a prophet. i'm a financial planner. my job is to help clients navigate a world that's a very uncertain world. i'm not making predictions. i don't know which side's going to do better. i do know, though, that there are opportunities there and people should be out -- >> how do you do it? how do you put them into international -- get international exposure for them? is it etfs? is it more developed markets, more emerging markets, what? >> we typically will be using no load mutual funds, we will be using managed funds and it will be a spread between -- depending on the client and the client's circumstances, the emphasis on emerging markets versus

developed markets. >> let's turn it back to the u.s. market here, equities for 2014. where do you think we are in terms of valuation? are we getting too close, are we getting closer to being overvalued? how do you see it? >> well, right now we see it as the u.s. markets being higher in terms of valuation but still, it's still a positive place to be. international markets are a little bit undervalued when you compare it to the u.s. markets, so we continue to watch that. but we continue to take profits in the u.s. market and add dollars to those that haven't performed quite as well. >> sue, do you have a question you would like to get in? >> yes. you know, i want to go back to those survey results that we just put forward. the international markets in equities versus the domestic markets in equities. of the panel, do most of you still favor domestic equities for those clients that you have a significant exposure in stocks, or not?

>> go ahead. >> i'm sorry. absolutely. valuations are cheaper outside the united states and that's where our focus is at the moment. we have been adding to our portfolios in europe for the past two years. we have been avoiding emerging markets, but that economy seems to be stabilizing and we are looking for opportunities there. >> obviously, all portfolios are different, individuals are different, but what is your baseline portfolio mix for a typical client in your practice? >> of course, the tough question is there is what is my typical client. i'm not sure i have one. you know -- >> that's a given. you know what i'm asking. do you typically start at 55%, 60%, what? >> i would say somewhere between the 40% and 60% would certainly be a range where i would want to

be in equities. very often closer to 70% depending on the age, depending on the client's circumstances and so forth. >> diane, what do you tell investors who are, you know, there's an awful lot of concern that people were not getting back into the equity markets quickly enough. what do you tell them about breaking their fear of losing money in stocks? >> the bottom line is the people who stayed out of the market from 2008 are the ones that got hurt the most. so what we try to do is over time, you reallocate, you rebalance, you take profits. you don't have to throw all your money in at one time. but over time, equities are going to outperform bonds, so you have to have that exposure to keep -- >> let the numbers speak for themselves is what you're saying. we have a twitter question. is real estate still a good investment? who would like to take that jump ball? >> i'll jump in on that one.

again, i'm not saying it's a good investment because i know what it's going to do next week, next month or next year, but again, just because the world is an uncertain place because there are so many things we don't know, it is important to have at least a position in real estate so that you can participate as that does better. >> let's go to another twitter question. ask them, it says here, ask them if they ever get out. do you get out much? i don't know. and what indicators they use? i assume they don't mean socially. >> we are long term investors. we are not market timers. we are value investors, bottom up stock pickers. so we don't get out of the market. >> you don't get out much. >> we call it buy and manage. we're buying for the long term but we're taking profits and rebalancing along the way so that you don't leave all your money on the table when the market goes the other way.

>> thank you all very much. we have to leave it there. to mary thompson for a market flash. >> check out shares of sandisk ahead of the company reporting quarterly results tomorrow. the stock right around session lows. it was downgraded to underperform from neutral. boa is citing weakness in prices as well as valuation concerns about the stock. the stock is up nearly 40% over the last year but down over 3% today. sue? >> as you well know, it is very cold outside and during this cold snap, there are reports of a propane shortage. estimates say about 14 million americans heat their homes with propane and in ohio, the governor there has declared an energy emergency. that means that propane shippers from other states can drive more hours than the legal limit in order to meet that demand. 17 other states have also declared emergencies, exempting propane deliveries from certain

regulations. in the past year, propane is up a full 60%. wow. take a look at that chart. it's up almost 3% today and in the last three months alone, it is up 17%. as often happens for even the threat of snow, the federal government is closed in washington today, as you can see it is very snowy down there. here in new york city, well, we are still open for business but things are starting to slow down in the city that never sleeps, as you take a look at this live picture of times square. here is the weather channel's tom niziol. >> this is going to be a weather system that has all the ingredients to produce a significant winter storm for the northeast. we have snowfall and the snow will fall at rates of a half inch to an inch an hour, producing as much as eight to 12 inches in some parts of the northeast. that will be combined with winds. this nor'easter will ramp up when it gets off the coast. winds are going to be gusting over 50 miles an hour at times in parts of the new england coast, especially places like cape cod and out on the far stretches of long island.

finally, temperatures dropping throughout that period. that combination there as you can see for a place like new york, the combination of snow, wind and rapidly falling temperatures into the nighttime hours spells very difficult travel conditions both for the road and for air travel. the good news is that this system is moving very rapidly. it's going to hit the area tonight but by tomorrow, late morning into the early afternoon, most of what is left of this storm is going to be well off the new england coast so hunker down. you got about 12 hours of winter weather to deal with. stay tuned. we will keep you updated. >> thank you very much. when it rains, it pours. so the saying goes. when it snows, we have flight delays. we will tell you how bad it is going to be, next. plus, new rules from the faa for takeoffs and landings at some of the nation's busiest airports designed to keep us safer, but there may be a time impact as well. probably not a good one, my guess. [ tires screech ]

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0f the 2014 olympic winter games. it's connecting over one million low-income americans to broadband internet at home. it's a place named one america's most veteran friendly employers. next is information and entertainment in ways you never thought possible. welcome to what's next. comcastnbcuniversal. welcome back to "power lunch." i'm mary thompson with the market flash. the dow coming off a triple digit drop from earlier this morning. it's down about 79 points or just about half a percent. leading the dow lower, goldman sachs, johnson & johnson down on a tepid sales outlook. ibm is out with earnings after the bell. and g.e., citi removed general electric from its focus list separately. tyler, in keeping with what they

want to do, focusing on acquisitions primarily in the energy space. >> mary, thank you. shares of delta airlines soaring to new 52-week highs today as you will see on the chart right there, up 95 cents at $32.02. over the past year, up 135%. the carrier beating earnings estimates, reporting 65 cents a share in the fourth quarter. that was two pennies ahead of expectations. revenue also beat the forecast, rising 5.5% from a year ago to some $9 billion. the stock up 135.5% over the past year. where do analysts stand on delta? that's a shutout right there, folks. 15 have a buy, no sells, no holds. sue? as you know, winter storm janice is hitting the east coast really hard from washington all the way up new england. it's messing up the airline schedules all over the u.s. we have the managing partner of airline weekly from a very beautiful, sunny fort

lauderdale. thanks for rubbing it in, seth. a couple things to talk about. first of all, the delays, the big impact of these delays and you know, it is hitting the east coast but that affects travel all over the united states. >> it sure does, sue. we are already up into the thousands of flight cancellations. obviously disrupting travel plans and potentially causing financial impact for airlines as well as they recover after this. back with the polar vortex we saw, it took awhile to get the planes and people back where they needed to be, to get things going again. >> but that was at kind of the peak travel season right after the holidays. is it different this time, because it's a less busy travel season right now? will that help the airlines kind of regroup after this move through? >> yeah, the financial impact certainly a function not only of the number of cancellations but when it happens, you know, with the vortex, as messy as it was and as much as it was indeed during a peak travel period, airlines got lucky there because it was when people were on their way home from new year's and so

what happens is you don't have people saying you know what, i'm just not going to travel because they had to get home. whereas if you get it on the outbound, it can actually cost more. what you have, you have the revenue impact and then you have the true profitability impact which is generally somewhat less, because when you cancel a lot of flights, you burn less fuel. so most of the people travel anyway and you just kind of consolidate them on to a fewer number of flights, sometimes not too bad. the vortex probably hundreds of millions of dollars in impact for the industry. this one, probably tens of millions for the whole industry. >> let's go to the second topic which is new rules being put into effect by the faa at some of the country's busiest airports. the new air safety procedures are designed to reduce close calls as it pertains to takeoffs and landings. can you tell us exactly what they're doing and why? >> you know, generally, when you have an airport with multiple runways as our busiest airports do, oftentimes you have one of them mainly for landing and one mainly for takeoffs. the planes land and take off independently of each other. sounds like what's happening

here is the faa is saying you know what, you kind of have to pay attention to what's happening on the other runway more than you did before, because just in case a plane suddenly has to abort a landing and you travel a lot like i do, you probably had that once or twice, where suddenly they pull up, go around, there's a small risk that that plane could collide with a plane that's trying to take off on the other runway. they are trying to avoid that. >> at all costs. seth, thank you very much. >> and it will cost. thank you. amazon has found a new way to anticipate what you buy before you even click. it could move the stock of amazon but diana olick found another sector where this idea could move the needle. >> that's right. it's the answer to the old joke, you can't have everything, where would you put it. how about a warehouse. it may be the least sexy sector in real estate but right now, it is on fire. >> that will be coming up. coming up tomorrow on "power lunch" 21 stocks, play jim

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searches, wish lists, shopping cart contents, and so what impact might it have on physical stores and warehouse reits? diana olick live in washington with this angle on the story. >> it's only adding to the heat in the warehouse sector. supply is not keeping up with new demand. i actually just got off the phone with blackstone's frank cohen, who is responsible for the firm's u.s. industrial investments, including 45 million square feet of space in warehouse. he says development is still well below long term trends. cohen notes that the broad-based recovery in warehouse started with big box stores but in the last several quarters, he's seen growing demand from smaller businesses. mom and pops getting into the e-commerce game. he says what blackstone's looking for is the right size space in the market. now, a recent investor survey from pwc found warehouse is the strongest prospect for both investment and development in 2014. according to two-thirds of survey respondents, they thought warehouses were a buy.

that's the highest of all the real estate food groups, by the way. how to play the warehouse game? reit's alexander goldfarb says you want to look at the smaller names, those building within major metros. that's where amazon will go. that would be the east group, e-g-p. he has a buy on that one. other warehouse reits include dct industrial trust and first industrial. we are now seeing more spec development in warehouse, especially in markets where housing is recovering like arizona and california. the headwinds to building smaller facilities close to the major metros is you have to compete with office and retail. still, it is a growing, growing sector. >> it sure is. thanks so much. appreciate it. well, the stock market's still in the red but we bettered our position by about half. bob pisani is at the new york stock exchange. did anything change or perhaps some of the technicals kicked in? >> no, the differential between the dow and s&p is closing. that's a good thing, because we

had almost 50 basis point differential between the dow and s&p. that normally doesn't happen. take a look at the dow. we dropped a little after 11:00, largely on some rather heady selling in the futures contracts. that was after 11:00. we had some weakness in some of the dow components that had earnings out with johnson & johnson, verizon and travelers. some of the higher priced names on the weak side. take a look at some of the iron ore stocks. goldman was talking about lower copper and iron ore prices largely on lower demand in china. still consumption is so high, they said it's equivalent to the average household purchasing a new car every eight months in china without disposing of its older ones. that was an interesting way to describe the problem. this is impacting not just steel stocks but emerging market stocks which always have a follow-on on any kind of negative comments. goldman has an influence on emerging markets recently so there's chile, brazil, thailand and mexico all to the down side. finally, there are some uptrends that are continuing. notice the bank indexes, most of

the bank etfs are to the upside and biotech also, another big winner this year. that's continuing on the upside. back to you. >> gold prices closing right now and sharon epperson is tracking the action for us. >> we're looking at weakness in gold going into the close, down about $10, $1241 an ounce seems to be around the closing price. we are watching to see what happens in terms of the gld. we did notice on friday we saw some inflows into gold etfs and this was the first time this has happened, the largest daily inflow we have seen since october of 2012. but it really didn't seem to give much of a lift to gold prices. in fact, precious metals have been lower across the board. silver is the biggest loser here in the metals complex. back to you. >> thank you very much. to the bond market now and to rick santelli tracking the action with the cme. >> well, it's one of these sessions where traders are continuing to acknowledge that sticky or not, yields continue

to have a drift lower. as you look at the intraday chart, we are virtually unchanged at 282. open the chart up to december 10th, we are within a whisker of a fresh six-week low closing yield for tens. now, what would be a good reason to see lower yields? how about this chart. let's look at a chart going back to 2010 of the spread difference between a spanish ten year and u.s. ten year. you can see how narrow it is, around 90 basis points difference. that would auger for hey, maybe we need to buy treasuries because i would think they look really expensive against a spanish and maybe the piece de resistance of the commodity market which didn't do well last year. right behind me, live cattle, you see that number on that 20 year chart? 141, all time record highs. if you're looking to do a little grilling, maybe it's better, it's a bit cold outside today. sue, back to you. >> good point. very good point. thank you. rick santelli. you're up to date on live cattle and bonds. our partners over at re/code

are reporting that microsoft is getting closer to securing its new ceo. an announcement could be coming within the next few weeks. take a look at the chart. shares of microsoft are up over 10%. re/code co-exclusive editor kara swisher has been covering the ceo search. nbc news group is a minority stake holder in re/code and have a content sharing agreement as well. what are you hearing? in reading your article, there were a couple key events you listed that kind of perhaps move this event closer to the end of the month than sooner, right? >> yeah. bill gates is right now in davos. it's a big platform for him with the bill and melinda gates foundation. he released his letter yesterday, an important annual high profile letter. he's there doing that. there was also this week, microsoft earnings come out, another big event. in general, there is a lot going

on at the company to also add into a ceo announcement. it doesn't mean it couldn't happen. it's a very -- it would be a very noisy environment and microsoft doesn't tend to behave like that. >> no, they don't. this has been such a high profile story and high profile search that if you are going to make news, you want to get news out of it. of course, you don't want to be overshadowed by the events you just listed. what does the short list look like right now? because mullaly is out and has any new name been added to the list or not? >> bloomberg mentioned vesperg from erickson although i get varying response inside microsoft when i hear that. it's not an undoable name but it's still an internal candidate. tony bates seems to be in there. not so sure about anybody else inside. there might be some name we haven't heard of. although i'm trying to discover it myself, who it could be.

i have mentioned pat gelsinger but that's just my particular choice. >> very quickly, do you think the market wants an inside candidate or do you think they would like to see them go outside the company? >> i think they want to see a decision made. i think that's what's interesting. then the question i wrote in that piece was how much involvement bill gates would have in the new configuration. it certainly depends on the ceo. but an inside candidate does suggest that bill gates will have more to do with the company, although that's a very dicey thing, too, having too much and not enough bill gates. >> it's a delicate dance. thanks so much. good to see you again. ty? beer and the banks and the consumer. sara eisen and kayla tausche following two big stories. sara, you go first. >> on the global consumer front it's really the global beer drinker that has wall street's attention right now. suntory buying beam and now budweiser's parent is buying a south korean brewery.

why investors are chugging down the billion dollar deals and their companies. >> consumers living paycheck to paycheck have one last source of rainy day cash. we will tell you why banks offer advances on deposits no more. that and much more on "power lunch" in two minutes. ♪ ♪ stacy's mom has got it goin' on ♪ ♪ stacy's mom has got it goin' on ♪ ♪ stacy's mom has got it goin' on ♪ [ male announcer ] the beautifully practical and practically beautiful cadillac srx. lease this 2014 cadillac srx for around $319 a month with premium care maintenance included. ♪

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at a company that's bringing media and technology together. next is every second of nbcuniversal's coverage 0f the 2014 olympic winter games. it's connecting over one million low-income americans to broadband internet at home. it's a place named one america's most veteran friendly employers. next is information and entertainment in ways you never thought possible. welcome to what's next. comcastnbcuniversal.

two mexican citizens arrested on the u.s./mexico border caught with 96 fraudulent credit cards. reports say those cards have been linked to the cards that were compromised in the target data breach. in south korea, they are also grappling with a huge data breach now as well, after a massive theft of credit card data. three major credit card companies were hit, putting 80 million cards in jeopardy. to put that in perspective, that's about 40% of south korea's entire population. the card numbers, the credit ratings, the card usage and salaries were all compromised. >> wow. that is serious. two big consumer stories to

tell you about now. kayla tausche on banks and lending. and sara eisen on beer. sara, for that alone, you go first. >> thank you. i'm not a beer drinker but there's a lot of action in beer deal making. south korea's top beer company being bought back, brewery for $5.8 billion, three times what it was sold for in 2009. it sounds crazy to sell a business and buy it back five years later for three times as much. but actually, by many accounts, this looks like a good deal for ab inbev, the beer giant behind the likes of budweiser and corona. why such a good deal? turns out there was a window, a five-year window that ab had to buy back oriental brewery when it unloaded it to private equity in 2009, it did so to help cut debt during the megatakeover of anheuser busch. back then, ab did have an option to buy back the company at 11

times oriental's ebidta earnings and actually, other asian brew eries are going for much higher multiples so that would make it a pretty good bargain. also, the company has been doing extremely well. oriental brewery becoming south korea's biggest beer maker in the period since it was sold to kkr. it has more than doubled earnings. the beer market in general has grown about 2% a year since the last sale through the end of 2012, according to the companies in the release. thomas sterling says per capita consumption in the nation in korea is still low despite a very fast growing economy. that would suggest there's plenty of headroom for more growth in beer sales. we got a good deal on the price on what appears to be a market with opportunity and the backdrop, the race for global beer and spirits is heating up big time. last week, suntori raised the ante buying the maker of jim beam for $16 billion.

companies are just getting bigger, getting more global and especially in fast-growing markets and that would be asia and the united states. bottom line, no doubt the bankers here got a pretty sweet deal selling this company for three times when they bought them for, but if you look at the parent company, it turns out they made out pretty nicely as well. investors certainly agree, giving it a more than 1% boost as we speak. >> frothy beer sales market over there in korea. to kayla now. no more borrowing against your paycheck. these are the payday lender loans, right? >> this is a little more of a sober story should we say. if you want to borrow against your paycheck before it hits your account, you will now have to do it at a nontraditional lender. in the last week, the four big banks that used to engage in this practice have pulled the plug on these products. they called them advance deposits and here's how it worked. if you had an account at wells fargo u.s. bank, regions or fifth third and used direct deposit, you could get an advance up to half your paycheck but it would cost you $2 in

interest for every $20 you borrowed. that added up to a rate of 120% which looked cheaper than other lenders which could reach 300%. the problem, the banks pay themselves back from your account as soon as the check hit which usually was in a matter of days. advocacy groups have said the real interest rate on those loans because of that, because they are only outstanding for a couple days was far higher. the center for responsible lending said these loans were only outstanding for about ten days, meaning the effective interest was 365%. some consumers have said such loans got them through rough patches. others have said it drove them into a vicious cycle of having to borrow over and over again. that of course piques the interest of the fdic. last year, guidances were issued against such predatory tactics. banks threw in the towel. this was a high revenue generating product for them. think about the interest rates, you don't get those anywhere else. but it's not really safe practice, sound advertising. there were problems with it. >> it was too hot, sounds like to me. too sensitive.

another sensitive area along these lines, wells fargo apparently banning its employees from lending their own money on peer-to-peer lending networks. tell me about this, and why they are taking this step. >> we talk all the time about looking for yield, looking to find a return on your investment and it appears that some of the employees at wells fargo were putting their own money into some of these peer-to-peer lending platforms. you think of the popular ones, they are lending club which google owns a stake in, you think of prosper. there is even one called sofi which is short for social finance which helps students refinance student loans. >> what's their objection to it? it competes with wells fargo? >> that's the funny thing. normally you would say oh, we would not tell you to do this because we think that this is a risky investment, it's unsecured, most of the times, and you can be investing in a loan that has a lower credit score borrower. there are a lot of other risks associated with it but wells fargo according to the "financial times" said this would be a conflict of interest, you would be putting your money into something that directly competes with the organization

that you work for, matching the individual investor to the individual borrower, cutting out the bank and the middleman is something they don't want. >> feels like a defensible argument to me. i'm sure i will hear about that. we can't go and work for somebody else at the same time as we work for cnbc, who would be in a competitive space. thanks very much. appreciate it. good to see you. mary thompson now, market flash time. >> the roller coaster ride for intercept pharmaceuticals continues. today it's just about 9%. two weeks ago, the stock soared on positive results from midstage trial for its liver disease treatment. the trial was actually stopped because the results were so good, then gravity hit after it rose some 550% in two days, and it lost about 70% of those gains. right now, as you can see, it is trading up $25.61. sue, back to you. >> mary, thank you very much. oil services giant baker hughes and halliburton beating

earnings estimates but take a look at the performance. one is up big, the other is down big. what's fueling the profits in this sector? morgan brennan is next to me and is taking a look. >> that's right. it's not just north dakota or texas driving earnings for the oil services companies. coming up, we will tell you more about the energy growth story pumping their profits. another energy growth story. >> that's coming up. coming up tomorrow on "power lunch," 21 stocks that jim cramer thinks you should invest in. why? because of their ceos. the list tomorrow on "power lunch." [ bagpipes play ]

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welcome back to "power lunch." i'm sheila dharmarajan where the tech-heavy index is back in action. nasdaq 100 up about .6%. we have basically lost all the ground that we lost earlier in the day. one of the big reasons is apple. take a look at that stock. a nice bounce-back after friday's selloff.

susquehanna coming out this morning, reiterating it as a top pick for 2014. that's outweighing a downgrade. a big day of reckoning for apple will be coming up january 30th when the company announces earnings. gilead is another big winner today, up big after the company is tracking better than estimates. citi says sales tracking is above consensus as well. take a look at expedia down more than 3.5%. they are losing search visibility to google. investors pushing the sell button on that this morning. also take a look at the food stocks. starbucks taking a hit after goldman sachs actually took the stock off of its conviction buy list for the year. overall, we are seeing some nice gains here at the nasdaq. we are outpacing the rest of the market, in the green. nice way to start off the shortened holiday week. >> sure is. thank you so much. the earnings parade

continues with baker hughes and halliburton among the big oil services companies coming out with results today. both beating analysts' estimates but the stocks are going in decidedly different directions. what's fueling the profits and the results? morgan brennan is back with me here going deeper into the numbers. >> the big three oil field servicers all posting stronger than expected earnings per share growth for the fourth quarter. interestingly, most of this is from overseas operations, not the so-called fracing boom we have been hearing about sweeping the nation in the u.s. let's start with baker hughes. it reported this morning eps beat by one penny. revenues also better than expected. one of the biggest take-aways, double digit revenue gains in nearly every market but the americas. especially strong in the middle east. that was despite interruptions in iraq. so the stock is up right now about 3%, little over 3%. halliburton also reporting today's earnings, earnings per share beating the street by four

cents. the revenue also beating the company's largest provider of fracing equipment in the u.s. but oversupply and tight competition also causing the company to rein in costs domestically. international markets saving earnings here. still, the stock is down almost 3%. it's likely tied to lower guidance in 2014 and lastly, schlumberger reported earnings last friday. fourth quarter eps beat expectations by three cents. its revenues missed. the industry giant benefiting from middle east operations as well. another growth driver, offshore drilling in the gulf of mexico. the company is expecting double digit earnings growth this year. it's also raising its dividends. it's up right now about a percent. >> thank you very much. ty, over to you. talk about a find. a major discovery of one of the rarest and most coveted diamonds in the world. you wouldn't believe how much that rock could fetch. and "shark tank" returns

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one of the most rare and

coveted gems in the world, a blue diamond, has been discovered at a south african mine. the mine's owner says the still uncut stone is roughly the size of an acorn and weighs just under 30 carats and apparently internally it is flawless. when all polished up, this particular blue diamond could sell for upwards of $15 million to $25 million when it eventually hits the auction block. that works out to roughly two million carats -- $2 million per carat which would top the previous record of $1.35 million per carat for another blue diamond which sold at sotheby's in 2009 for $9.49 million. so that mine is doing pretty good. >> that is pretty nice. that is some rock right there. almost a little bigger than the one on your finger. that's okay. "shark tank" tuesday on cnbc featured on one of tonight's -- on tonight's episode starting at 8:00 eastern is the original runner company, creators of the world's first nonslip fabric

aisle runners for special events, weddings. the founder was offered a deal by one of the sharks. you have to wait until tonight to see what she did with it. these are hand-painted, each one of them. julie goldman is founder and ceo of the original runner company. welcome. i'm very proud to say i knew what a runner was because my mother was in the floral design business and did a lot of work with runners. how did you come up with the idea for this kind of runner? when i remember them, they were paper or plastic. >> absolutely. >> like going to the grocery store. >> that's exactly what i said on "shark tank." that was really the start of it, i needed a runner for my wedding. everything was paper or plastic and i figured there had to be something that wouldn't ruin my wedding pictures, would lay flat and smooth, wouldn't let my heels tear it but it didn't exist. so necessity is the mother of invention. >> so this is nonslip. if you look at the back here, maybe you can get a shot of it, it doesn't really come across, but you can see there is, what is this -- >> a foam product.

laminate ordd on every runner w sell. >> so if i'm wearing -- not that i would be wearing heels. well, i'm not going to have another wedding, folks. but it won't go through here. you won't catch it. >> no. even on grass. >> one of the other breakthrough is is -- my goodness. my "power lunch" pillow. we will talk about that in a moment. is this painted or what? >> this is a line of printed runners. we released a new line we do amazing trellis work and damask runners that look like custom but a quarter of the price. >> you have other products, obviously you make commemorative pillows like this one which we are very grateful for. what else do you have? >> we can really create anything for your event that's custom. we can do table runners, flower girl bags, ring pillows and we are doing a full line of lounge pillows. we do a lot of corporate events. anywhere that you need to perfect your grand entrance, we can create that for you. >> banners, point of sale, welcome to the event, whatever.

interesting. let's talk a little about what it's like to be on "shark tank" and again, 8:00 tonight on cnbc. what was it like? was it difficult? was it contentious? >> contentious would be the right word. for someone with my person althoughpersoniality i found it a lot of fun. it was an amazing opportunity. >> did it help your business? >> my business increased about 42% after being on the show and carried through but we did kim kardashian's wedding about a month after we were on -- >> that doesn't hurt either. >> no. >> did your website traffic go up a lot? >> about 500% when the show was airing. proud to say we are the only website that didn't crash due to great strategic planning by our server company. >> i know they made you an offer. we will find out what happens tonight 8:00 on cnbc. julie goldman, whose business is in my town, montclair, new

jersey. that's tonight, 8:00. the biggest etf winners today when we return. we know we're not the center of your life, but we'll do our best to help you connect to what is.

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welcome back to "power lunch." check out shares of a couple big names in health care. glaxosmithkline is up on the day. abbott labs is down on the day. a federal appeals court ruled that glaxo should get a new trial versus abbott. the case centered around pricing of hiv medications. a court ruled that abbott excluded a potential juror in the case based on his sexual orientation. those shares certainly very much a focus in today's trade. sue, back to you. >> the market has really improved its position. when we came on the air at 1:00 eastern time, we were down 130 points on the dow jones industrial average. we are only down 46 right now. as bob pisani points out, that differential between the gain of 3 2/3 points on the s&p 500 and the loss of 46 in the dow has really narrowed and the nasdaq is actually up about half a percent now, or about 20 points on the trading day. three of the biggest winner

etfs, u.s. natural gas fund, the ung spdr, s & p regional banks and vectors gold miners. that will do it for this edition of "power lunch." >> this is why they don't let us stay together. >> "street signs" begins right now. you know if "power lunch" would stop hotdogging it over there with the meat in tube form jokes. thank you, everybody. 80 degrees in los angeles. about eight degrees and snowing here. hello, everybody. once again, technology stocks are higher on a down day for the dow. we are also hitting these big stories for you. how amazon may be planning to ship you goods before you actually order them. the bricks areld