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 are old news. we will introduce you to the

mint countries. and why one corvette is saying something not so hot about the state of the entire classic car market. just like the weather, today is a day of extremes in the market. okay. here behind me, yes, the nasdaq is moving higher and indeed, hitting over 13 1/2 year highs. we also have had record highs for the s&p midcaps and also the dow transports. however, for the dow industrials over here in the red, down by 45 points, things have turned a little south. earlier it looked like it might post its fourth 100 or more points move in six sessions today. we haven't really had that kind of consistent dow volatility since all the way back in october. it has since bounced off the lows but nonetheless, it is the laggard today. let's get down to bob pisani. the day looked like it was going to be okay for the dow. as i can see here, it is the laggard. is it really just a few bad eggs in the index? >> well, yeah, sort of. we had some weakness in the

earnings companies that are out. johnson & johnson and verizon, for example, and the dow underperformed dramatically but that narrowed considerably. if you take a look, everything is in positive territory except the dow. everything else, the s&p, midcap, transports, right now, two stocks advancing for every one declining at the new york stock exchange. let me show you the sector leaders so far today are the ones that have been all year so far. biotech, bank stocks are holding up, great last week, still holding up. gold miners, this thing is up 12%, gdx, that's a surprise to me. the laggards down today are the ones that have had problems all throughout the year. look at this. steel is down, goldman had a negative call on some of the steel names. on china, emerging markets are down again today. retail is down again. home builders, that's had a tough year. all of these laggards for the year are the ones also down today. continuation of a trend. back to you. >> bob, before you go, isn't that the problem with the dow? i know it's the oldest, i know it gets the attention, it's 30 easy companies.

the problem with the weightings of the dow is a couple stocks can move it and oh, the markets are down. but they are actually mostly higher. >> it's a narrow index in that it's only 30 stocks but you did have the addition of goldman which is now well over $100. when you get some of the big names, high priced stocks move down today, that does have a negative effect on the dow. >> thank you very much. appreciate it. let's dig in more on the markets not just today but how we're starting the year, because it does seem we are a little like at an inflection point. joining us, joe duran and dan greenhouse. dan, i understand and i love your morning notes, by the way, they are always excellent, some of the best out there. we talk about the fed with the market falling, people will blame the fed. here's the thing. the dow is up like 600 points since the fed announced its intention to taper. >> yeah, that's right. this has been the greatest story told over the last say six months or so, that there was actually, this is true, i wrote

it down, there was someone who came on cnbc about six months ago who said just the suggestion of a taper, of a reduction in asset purchases was good for a 20% correction in markets. obviously we are well into that reduction. it will continue in january and we are nowhere near some of the market turbulence that that was forecast. >> yet when we talk about turbulence, we are smack in the middle of earnings season and it really feels and bob pisani has highlighted this, too, it would seem stocks being sold off on earnings news even when the earnings aren't necessarily bad. is it just because we have come off such a high base over the course of last year, or is there something else at play? >> there are two things at play. we had a really good year last year and people deferred realizing any gains. so unless there's really positive momentum, people who had been waiting to rebalance their portfolios maybe are considering doing it now. second, we're still not seeing that top line growth which is going to drive a lot of future earnings growth and p.e. expansion.

>> how many quarters have we been hearing we are still not seeing top line growth? last year it didn't seem to matter, the market still went higher. when will we see top line growth and when will it really matter? >> i think right now, what we are seeing is people are shifting to and paying very high multiples for companies that have top line growth, whether it's netflix or amazon. that's where the money is flowing. what i think everyone is expecting is a broadening out of gdp growth and when that occurs, you will see more money flowing into more names. right now, it doesn't matter because the alternatives are dreadful. almost nothing on bonds and possibly lose money with higher interest rates, lose money on emerging markets or come to the u.s. and overpay, or really, what we see is a lot of concentrated investing and the names that have top line growth. >> you know, my accountant, who is a very, very smart guy, also happens to be my father, basically said to me listen, there has been so many changes to the tax code that you got to just store up a little cash because you don't know what your

tax bill is going to be. a lot of accountants still working that out. could it be that we are seeing a little weakness, if we get it at all, because of the tax issue? >> i'm not an accountant so i won't comment to that. >> have you heard it from clients or people expressing concern about that? maybe not. >> no. i think that's a dumb argument. by definition, then, january would be weak in any year following a strong up year and that's not the case. there's no evidence whatsoever that after a strong year, january's weak related to tax selling. i don't know why we think that other than it's just a convenient excuse for why the markets are having trouble. >> no one is saying we're tax selling. what i'm saying is if we got some weakness, it's because .9% on the medicare tax. i'm not advocating or blaming the president or congress. i'm just saying there has been a lot of changes, whether you like them or not. if you don't know what's going to happen, what do you do? you do nothing or you save cash or buy gold. >> again, i don't think you're blaming the president for

january's market weakness. >> i hope not. >> all i'm saying is statistically speaking, from an evidentiary standpoint, i'm not sure how to make that direct correlation. listen, sometimes markets go up. sometimes they go down. we joke about that in our office all the time. we have gone straight up now for a considerable period of time. people forget this. we talked about 1995 being a very strong year during the course of 2013. the beginning of 1996 was not that great. after the strong year of 2003, the first six or even nine months of 2004 wasn't that great even though both years ended up being an up year for stocks. maybe that's happening again. all that matters to my clients and to our investment outlook is how stocks are supposed to do over a medium term framework and the first two weeks of the year certainly does not meet that definition. >> we are going to rename you yoda dan. sound very zen there. the market goes up, the market goes down. >> what do you mean, zen dan? angry dan today. >> the president's on line one for you, by the way. blame him for all the market

weakness. >> no, no, no. you got the wrong guy. >> is brian's father an accountant and the president? they can't both be on line one. >> line two then. okay. >> you and your logic. >> great to see you. joe, thank you very much for joining us on the show. the other big story today is another massive winter storm and it's making its way across the east coast towards you. thousands of flights are delayed, government operations are shut down in the nation's capital and that is exactly where we find nbc's danielle lee. >> reporter: the storms really getting going now. we are bracing for a storm that could bring more snow than we have seen in washington, d.c. in about three years. standing around where i am just outside of the capitol, looks like we have about an inch of snow sticking. the other big thing to keep in mind are the winds, up to 30 miles an hour. it makes it feel like 15 degrees out here and that snow stings when it hits you. if you look behind me, not quite sticking on the roadways yet but we are not even into the heart of this storm. that's going to be in a couple hours. so i'm told that throughout the

northeast, up to ten inches of snow. travel is getting rough. about 3,000 flights have been canceled. those that aren't are experiencing delays. the snow is expected to last through late tonight, possibly early tomorrow morning, but there's not going to be a lot of relief because after that, we will have these exceptionally cold temperatures. that's going to stick around through at least saturday. here in d.c., that means the next thing to worry about is all of that ice. back to you. >> keep warm. keep safe. thank you very much for the report. up next, imagine having all the stuff -- well, stuff you're thinking about buying online, being delivered before you actually buy it. it's not science fiction. amazon has actually filed a patent for this. we will give you the latest news ahead. later on, forget the bricks. we have a fresh new word for the emerging economies to watch in 2014. our week-long series kicks off ahead. plus, a real life little red corvette with one mega price tag. [ male announcer ] this is the story

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amazon filing for a new patent for what it calls anticipatory shipping. simply put, amazon plans to predict what you will buy and start the shipping process before you even click checkout. let's get more. it's amazing. it knows what we want even before we know what we want. >> yeah. this is really about amazon moving product closer to its destination before people have technically ordered it. not necessarily about shipping

you stuff before you pay for it. or getting stuff to you before you pay for it. let's take diapers, for example. amazon knows how many diapers it sends into the kansas city area every day. it's probably got prime subscribers ordering diapers pretty regularly. what if they put some of the diapers on a truck to kansas city before anyone orders them and decide which home address to put on the box while it's still in transit. we've got to think about this at the macro scale to understand what amazon is trying to do here. this isn't about trying to guess what i'm going to order before i click the button. it's about getting as much product as close to the buyer as possible using big data. the advantages for amazon here, if it works the way it's laid out, it can minimize two important costs, air freight for expedited delivery and warehouses for storing items. this should be music to the ears of investors because these capital costs can chew up a lot of profit when amazon is trying to expand into new categories. if amazon can figure out how to slap addresses on packages after they're shipped, they could

potentially add a lot of efficiency into its logistical operation. in the first nine months of 2013, $4.3 billion is what amazon spent on shipping. that was counterbalanced by about $2 billion in revenue from prime subscribers and third parties who used their infrastructure. they were really $3.2 billion in the hole for shipping costs, about $400 million further in the hole than in 2012. we are talking some real money here. >> that is real money. john, stick around. amazon's move could certainly be big for real estate demand. why? think of all the extra warehouse space you are going to need for the anticipatory shipping. diana olick joining us with more on that side of the story. >> well, it's just more fire for an already hot sector. i spoke with jack cuneo, ceo of chambers street properties. you deemed him warehouse jack on "street signs." he said the amazon move doesn't surprise him. he calls them the most creative and forward-looking people in the space and he said this is just more opportunity for

warehouse owners like himself. he owns six amazon fulfillment centers already. he says others will emulate. a recent investor survey from pwc found warehouse is the strongest prospect for investment and development in 2014 according to two-thirds of survey respondents. warehouses were a buy. that's the highest of all of the real estate food groups. now, how to play the warehouse game. reits alex goldfarb says you want to look at the smaller names, or those building within major metros and that's east group, egp. others, prologis, dct and first industrial. we are also starting to see more warehouse development, more spec building in the space. sam shannon says amazon has the scale to build much of its own space but also signed some very big leases supporting a trend that is unlikely to weaken, pending helicopter deliveries. he's talking about the drones.

>> oh, bring in the drones. thank you very much for that. what does this mean for amazon? let's bring in ben schechter. great to have you with us. when you take a look at your price tag, how much of that, if any, is to do with this new anticipatory delivery system that it's filed a patent for? >> in general overall, you're looking at a company that is extremely innovative, extremely customer-centric and these things add up to a business we think continues to grow for many, many more years into the future. >> just out of interest, obviously it's only at the patent stage here. is it something you think will really come to fruition? >> i think in general, they can move items closer and closer to the customers. it's happening already. one of the big parts of this actually that you haven't mentioned yet is the fact that amazon essentially resolved the whole sales tax issue with many states around the country. so that's enabled them to build more and more fulfillment centers that are closer and closer to the end user. >> okay, ben, the stock is

basically at the target. you either got to remove the outperform or raise your price target. >> we actually raised the price target this morning to $4.65 based on a lot of different factors. we think momentum continues for the story. prime users continue to grow. what you're buying in a lot of ways is the ambition of jeff bezos. this man is really changing the world, certainly changing retail and has a bright future. >> hold on, one more question. it's a question i have been wondering. you may not be able to answer this. if amazon continues to win, does somebody else have to lose? or can amazon gain the incremental dollar anyway? >> no, i think they are absolutely taking share from virtually everybody else in the retail space. >> jc penney, sears, everybody else? >> exactly. we also think they are taking share from ebay and others. i think amazon continues to just excel, they continue to build that amazon prime membership group. once you have people into that prime membership ecosystem it's taking share from everywhere else those people might have gone to. >> john? >> well, i think something we've

got to take away from this is amazon is really starting to hammer on these costs in its logistical system. yeah, the drone thing is kind of pie in the sky but it shows that they're thinking differently about how to get product to people away from some of these common carrier shippers, away from some of these in-fill names and warehouses that diana just mentioned. this is another step in that direction. if they can route or reroute packages while they are in transit, again, they don't need to spend that much on air freight. they have to spend less on actually storing these things in warehouses. if they figure it out, it's good for amazon's bottom line and they will need that money if they are going to move into grocery because that stuff is perishable, a lot of it. a lot more expensive to move around. >> john and ben, ben, were you going to say a last word there? >> they are getting closer and closer to the customer. you think about shipping, it really is weight times distance. if you can lower that distance, you are going to make more money. >> it's a lot of customers. 225 million customers worldwide and counting.

thank you very much. still ahead, the earnings squad is back. they have three names to watch before they report. later, the bricks, so 2001. now we will introduce you to what we are calling the mints. four new emerging economies to keep an eye on this year. [ bagpipes play ] make it happen with fidelity active trader pro. it's one more innovative reason serious investors are choosing fidelity. call or click to open your fidelity account today. [ car alarm chirps ] ♪

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we have the earnings stories everyone is talking about. i'm melissa lee. joining me, dominic chu and cnbc contributor stephanie link. 56% of the s&p 500 companies have reported so far. 69% beat eps targets, 11% have met estimates, 20% of reports have come in below forecast. got to start off here with one that's after the bell. the company scheduled to report its third quarter earnings, what are you watching for? >> i always like to listen to what they have to say because of their end market exposure. it's auto, aerospace, industrial communication. you get a good read on a lot of different broad parts of the market. really looking forward to that. also, i want to see if they

continue to gain market share against altera, their biggest competitor. i think they will because of the shift to the 28 nanometer technology trends that are happening. of course, what's the timeline of china lte buildout? we have been hearing about this for a couple quarters now. i think 2014 is the inflection point. just a matter of when. >> in terms of the end markets, where do you go? the lte trade, for instance, what stock will you look at to move in the after session? >> first and foremost, you got to look at who is the winner in the space specifically, right? in this segment, they have an 80% share relative to altera. that's why -- and they were upgraded today which is kind of curious because they really are at a disadvantage. i think they are gaining some traction in some of the other technologies but that's why i think this one is so interesting. this is the real play for me. i do think that it will be a good one. by the way, the stock's only up 1.8% since last quarter. the market's up 7% in the same time frame. >> you are looking for -- >> i think --

>> playing catchup. >> let's talk technology. ibm, this is a big one. >> big blue is considered a bellwether for the business industry. big blue is a barometer for them. you are looking for $5.99 on earnings in about $28.3 billion in sales. moreover, it's about the service contract signs. that's an indication of future business for ibm. now, ibm to stephanie's case, a serious underperformer in the dow last year. it was actually negative on the year last year. remember, one of the only ones out there. when you talk about ibm, it's not just about the earnings number. it's about what indication of future business there is and this is a stock that's predicted by the options market to go up or down by 4% after earnings come out, and this is already six straight quarters of sales declines. it could be seven depending what they report today. >> you wonder if accenture, who had a good quarter, is that any kind of indication that maybe their services business or maybe some of the software piece could see an uptick? >> service is the biggest piece of their business by revenue. we are also looking for guidance

on hardware and specifically in china. that was a big reason why the stock fell 6%, more than 6% on the back of its previous earnings report. sales in china for hardware down 40%. this is one of the first bellwether technology companies to say you know what, china is not as good as everybody thinks and a lot of the other tech stocks fell or reacted in response. >> speaking of china, there is all that possible deal talk surrounding lenovo, maybe looking to buy the server business from ibm. that's something to keep an eye on there. >> quickly on amd here, we are watching that because it is a turnaround story. it is a console chip maker so a lot of analysts are looking for any reason to be more bullish because the stock is already up 74% or so in the past 12 months. got some positive data points from microsoft as well, sony in terms of consoles. lot of optimism going in. 15% of the shares outstanding are short in this stock. we could be looking at a squeeze going in. that does it. if you want to join the conversation, tweet us at #earnings squad.

back tomorrow on "squawk on the street." we have citron research, the noted short seller, who will name his top short idea right now. >> you got to press him on going long on blackberry, too. good interview. thank you very much. on tap, a boozy blue jean edition of "street talk." plus a record-breaking little red corvette. first, sharon epperson has today's pump patrol. >> money managers are betting that this cold blast will curb gasoline demand in the northeast and midwest and gasoline prices will fall as a result. hedge funds that trade gasoline futures and options reduce their bullish bets on gasoline by the most since june last week as gasoline supplies rose to an 11-month high. this was according to a weekly report. we are looking at gasoline prices at the pump that have fallen two cents since friday, $3.28 a gallon is the national average. we are also looking at just one

state where the state-wide average is at the $3 a gallon mark, that's in missouri. no states are below that level. you will find the cheapest gasoline prices in the nation today in joplin, missouri and stillwell, oklahoma, where you can fill up for $2.79 a gallon. that's today's pump patrol. ♪ [ bell ringing, applause ] five tech stocks with more than a 10%... change in after-market trading. ♪ all the tech stocks with a market cap... of at least 50 billion... are up on the day. 12 low-volume stocks... breaking into 52-week highs. six upcoming earnings plays... that recently gapped up. [ male announcer ] now the world is your trading floor. get real-time market scanning wherever you are with the mobile trader app. from td ameritrade.

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welcome to street talk. analyst calls you need to know about. first of all, this is the stock we have been talking about a lot recently in light of the data breach. it is target and it is hitting 52-week lows today. >> the stock down another 1.75%. it was down today by the analysts at stern ag to underperform. cowhen said we don't know how much the credit breach will actually cost and will suspend the buyback indefinitely because it probably also doesn't know how much this will ultimately cost. they want to save money not buying back stock. again, stock's down about 6% today. >> there are numerous lawsuits pending. >> there's more coming. >> and more coming. the gap, upgraded to buy. >> yeah. wow.

nice pop there for the gap, up 2.9% to $38.38. upgraded by sterne agee. the gap is called quote, the best value name to own this year. he thinks the relatively outperformance over the holiday bodes well for the year. his target is $44 a share, so about six and change above where the stock is now. >> we also have marriott upgraded to overweight from equal weight at barclays. >> up half a percent to $50.85. the target goes to $58, about 12% more than the stock is now. they think the lodging industry will continue to benefit from favorable fundamentals. the economy recovers, people like to travel. >> let's talk about bud, announcing plans to buy south korea based oriental brewery. consolidation in the beer industry continues. >> this is a weird story. oriental brewery was sold by

anheuser busch in 2009 for less than $2 billion. they had a call option. they had the ability to buy it back at no more than 11 times ebida and are doing it. now they are buying it back but what a deal. the bankers on that deal, you are making money on both sides and it's higher, three times higher five years later. >> i will drink to that. >> yeah. >> and this is our under the radar stock. it is proof point, upgraded to outperform. the stock is trading just a little lower. >> we are just trying to show names that people are talking about even if they're not moving. stock is down .6 but here's what they say. first, this is a california based e-mail security and archival company. they love the name. increased the target to $45. the stock's at $38, about 18% more than the stock is now. the stock has more than doubled from its ipo on the nasdaq in april 2012. trying to highlight some of the under the radar names. that's been a great one-year run for proof point.

>> i will take 190%. >> proof positive. there are more buyers than sellers. up next, forget the bricks. here's a fresh new way to look at emerging markets. we will introduce you to the mint countries. later on, life after "shark tank." we check in with one of the most successful "shark tank" companies. what happened to his business after a big investment from mark cuban? first, a look at the "closing bell." coming up, a tale of two takes on apple today. one wall street firm is downgrading the stock and another says it's one of the best ideas for 2014. who's right? guess what, we have a good old-fashioned stock brawl on apple today. and johnson & johnson's ceo is here exclusively to tell us how obamacare's medical device tax is affecting the health care giant's bottom line. then get ready. more earnings. ibm reports after the bell tonight. it could move the markets for tomorrow. we'll have the numbers and the analysis coming up.

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hedge fund manager dan love has gone after yahoo! gone after sony and is now going after midland michigan-based dow chemical, wanting to take an activist role in helping move that stock. what does dow's ceo think about it? he sat down with the "squawk box" crew in davos and said this. >> i have no problem with this notion of people coming in and saying here's better ways to get things done. but what you've got to do as management is be thinking about those ways which i believe we at dow have been doing. >> so should you invest in dow chemical? not the dow jones, dow chemical. let's start talking numbers. on the technicals, richard ross. on the phone, john stevenson. john, first to you. dan did pretty well with yahoo! and sony despite what you may think of him or the "vanity fair" article on him, would you invest behind him?

>> you know what, i wouldn't. i'll tell you why. this is not a cheap stock. it's trading at 16 times p.e. and that's at a premium of a couple to its peers. the whole business is really under pressure right now and the reason is natural gas prices with the cold weather and everything else. that's been a huge advantage, is that natural gas feeds stocks that have been so huge. prices up 26% just since the beginning of december. propane which is 30% of their feed stock, so they are getting squeezed and the whole premise right now going forward to add any value is they have to harvest $4 billion worth of projects in the next year and a half or so. that will be tough order. they have to do it in a premium to the current multiple. it's an expensive stock. should be sold. >> it should be sold and it is expensive. what do the charts tell us? >> i'll go the other way. this is actually a compelling technical setup with an activist hedge fund kicker and that's what makes it a nice buy for me.

first let's bring up that short term chart and i will show you why i like this stock. up 50% last april, this is just a classic strong stock chart. we have now exploded into resistance at the high end of that very well-defined trend channel. but if we zoom out and we look at a very long term ten year weekly chart, this is where the magic happens for dow. you see that 87% decline from almost $60 down to $6. that's bad. but the bullish breakout from a multi-year ascending triangle is very good. in the process, we have now taken out a ten year down trend that takes us all the way back to 2004. this is a stock that could have $20 of upside from current levels. i would be a buyer on that breakout. >> where the magic happens. thank you very much. one buy, one sell. two completely different views on this stock. >> takes a buyer and a seller. speaking of magic, be sure to check out the online version of yahoo!. there you go. i was going to ad-lib something about the dow being down only 35 points right now.

who said something about an hour and a half ago about the stock market? >> well, it was looking a little rocky there. >> no, no, no. tell the viewers what your trusty cohost said before the show. >> oh, i do believe you are pumping your own hand in the air or whatever. tooting your own horn. >> you completely screwed that one up. former goldman sachs chairman jim o'neill will be on "street signs" tomorrow. this is the man who coined the term "the bricks." brazil, russia, india and china, the most talked about emerging markets for years until now. because the new buzz term coming in today, it is mints, mexico, indonesia, nigeria and turkey. each day this week, we take a closer look at each one of these economies beginning today with mexico. pump your fist in the air. good stats on the economy of our friends to the south. >> but not -- >> you mixed like eight metaphors there. >> i really did. as we are talking about mexico,

the biggest story right now is the peso. the value of the u.s. dollar is up about 6% against the mexican peso over the past six months. but you heard bill gross right here on our show the other day saying he thinks pesos are muy caliente. >> we are like the mexican peso. it's a relatively strong economy. it's got half the debt of the united states. the peso has gone down but has stabilized and basically yields on a cash basis about 5%. it's not a bad dollup. >> the imf expects gdp growth in mexico to exceed 3% this year. exports also looking stronger in the next two years. check out the jobless rate here, guys. 4.5% expected for this year. that is lower than many developed countries right now, certainly lower than the united states and the lowest of all the mint economies. as for the stock market, it's down about 7% and the msci is

down about 12% over the past one year. but it has doubled since the lows back in 2009. so is this a safe environment to put your money and why is everyone just so hot on the peso for 2014? >> let's bring in our guests now. joyce chang, from jpmorgan, someone who has been hot on mexico for awhile. well known to our viewers. tim seymour from trigem asset management. i want to start wit because i know you talked about mexico for awhile. our viewers know i like it as well. here's one of the problems with it. it's so weighted to just a couple of companies. america mobile is about 70% of the benchmark. you have the coca cola bottler that owns part of heinekin as well and then a bank. that's about a third of the index of 17 names. how risky is it at the top? >> mexico as a market has been contracting and narrowing, whether through buyouts or there has been a lot of companies that have been taken off all together. i do think if you look at mexico, you can still get broad diversity.

cemex, televisa, they give you exposure. these are places you want to be. as you pointed out, i think the mexican peso is as well positioned within the e.m. asset class from a currency perspective to be a tailwind, whereas it was a bit of a head wind last year and currencies have been a problem. >> the peso i think had its worst week since last august because of what's happening with the u.s. federal reserve. clearly, that is not going to finish any time soon. we are on the tapering track here. joyce, why do you also like the peso when it's really been struggling? >> well, we expect mexican growth to be 3.4% this year and going up steadily over the next few years. with the energy reform that was passed, we see the potential for mexican growth to increase by another half to .8% over the next few years, attracting as much as $15 billion to $20 billion of additional foreign direct investment. that will support currency appreciation over the medium term. mexico benefits most from the

u.s. recovery and we do see greater capital flows going to mexico. it also of the mint countries has the highest credit rating and was upgraded to bbb-plus just in december. >> tim, the problem with mexico, kind of my previous point, is how to play it. i guess you can buy the eww but there isn't a lot of volume there. there's a few adrs, you mentioned them. how do you play mexico? >> well, listen to joyce and talk about the currency. you at least want to play mexican companies who have revenues in local terms but may have debt or expenses in dollar terms. k-o-f ticker is one of those. their packaging costs are in dollars. cemex has an extraordinary amount of external hard currency debt in dollars but is largely, it's a global cement player but has largely mexican peso based currency revenue. this is one way you want to play it. i would be looking at pair trades, too. you don't have to play everything from the long side. as we mentioned, i think the teleco sector is under a lot of

regulatory pressure whereas i think the media sector is something that benefits from a stronger government and spending environment. from u.s. hispanic ad spending which is booming in this country and televisa well positioned. long tv, short amx is a very interesting pair trade. >> so joyce, just to wrap things up, you are overweight mexican equities, you also really like the currency as well. what could go wrong? what's the biggest risk for mexico this year? >> if the u.s. slows down, mexico is more vulnerable because 80% of its exports are directed to the u.s. but it is really more external risk. we see the domestic situation looking better in mexico. it's one of the few countries where you don't have the politics as such an issue. many other countries have elections this year and we do think that more capital flows will be attracted to the energy sector. >> we will leave it there. obviously energy reform is a big thing. as you say, led to that s&p upgrade. we will keep an eye on the energy sector as well. thank you, both of you. >> thank you very much. we will jump out of the "shark tank."

it's "shark tank" tuesday on cnbc. we will interview a small business owner who barbara corcoran said had the worst presentation of all time but still walked away with $150,000 and is succeeding wildly today. later, the record-breaking car auction that would make prince very proud. mine was earned in korea in 1953. afghanistan, in 2009. orbiting the moon in 1971. [ male announcer ] once it's earned, usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection. and because usaa's commitment to serve current and former military members and their families is without equal.

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welcome back to "street signs." i'm kate kelly in downtown manhattan standing in front of the federal courthouse, where we just completed day two of testimony in u.s. versus martoma, the insider trading case, with a key witness known as dr. sidney gillman. dr. gillman, a retired professor of medicine from the university

of michigan, was a specialist in alzheimer's and parkinson's diseases who participated in a clinical trial in 2008 in which he passed on or is accused of passing on nonpublic material information accused of passing n nonpublic material to mathew martoma. u.s. attorneys office for southern manhattan accusing him of generating $276 million in ill gotten gains in 2008. an interesting day so far, brian and mandy. one issue with dr. gilman who is 81 is his memory. he seems very sharp when he's talking about the science, but at the same time has gotten confused from time to time about some terms and some timing. >> thank you very much for that developing story update. kate kelly, i feel cold just looking at her. in here where it is warmer, it is "shark tank" tuesday. kevin o'leary joined the gang to

talk about the state of small business hiring in america. >> here is my beef because i'm investing through "shark tank" in small businesses. there's 6 million of them in america. they provide pretty well 50% of the jobs. we don't use them as a litmus test. we should. one of the reasons we have anemic growth in pliment issues is that these businesses aren't hiring for a whole host of reasons, and i think it's worth starting to ask them how they feel. >> now, let's speak with one entrepreneur who made it out of the "shark tank" is a $150,000 investment from mark cuban and let's bring in stephen arstall, founder and ceo of tower paddle boards. it's an awesome trend. it's very difficult, especially for an uncoordinated fat guy like myself. what exactly happens after the shark tank. you had a tough presentation. you kind of choked up, with all due respect. what happened when the cameras

stopped rolling? >> well, we aired about nine months after it taped. there was a long silence period. then we closed the deal with cuban in november of 2011 and we started taking off right away and we went from about 100,000 in sales lifetime at the time he invested, we did $3.1 million the last year. >> which is pretty good considering you're the guy who is known as the guy who screwed up his pitch. to what degree is mark cuban having a say in how you run your business and if you don't mind me saying, is it a little bit annoying? >> it's not annoying. he doesn't always tell me what i want to hear, but, yeah, it's vital access to really a brilliant guy, and he's extended us a personal loan in addition to that, $150,000 investment. he loaned us another $300,000, you know, just ten minutes after

i e-mailed him one time. i said, mark, i can take this company to $10 million really quick but the banks won't lend me money. ten minutes later he said you're personally approved $300,000. >> and what have you done with it? what -- and more importantly, what have you done either done or not done that you wouldn't have done or not done if it wasn't for mark cuban? did that make any sense? >> a lot of double negatives. >> i don't understand my own question but you get the point. >> it makes exact sense, brian. and so not doing things that i would have done, spent a year at it and figure out it didn't work. going into -- starting a separate brand and going into small retail stores, mark said that would be a horrible business, much more difficult than online commerce. so i have avoided a few pitfalls because of him. >> real quick, if i was going to go on "shark tank" tomorrow with my pitch, what advice would you give me? >> you definitely got to know which shark to go with. when i went in there, i valued

cuban's money at three times the other investors for my business because i could leverage his celebrity. i didn't needed expertise so much but the ability to leverage his celebrity. if you have a clothing business, you want to go after damon john. you want to pick your shark. >> do not miss another "shark tank" marathon tonight 8:00 to midnight. >> up next, a little red corvette muscles its way into the record books. [ male announcer ] this is the story of the little room over the pizza place on chestnut street the modest first floor bedroom in tallinn, estonia and the southbound bus barreling down i-95. ♪ this magic moment it is the story of where every great idea begins.

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this week's million dollar home is music to the ears of the right buyer. robert frank takes us on a tour. >> it's the ultimate accessory for the artistic millionaire, your own music studio. two townhouses in manhattan come with top music pedigrees and luxury music rooms, perfect for a pop celebrity or a regular millionaire who just plays for a hobby. the first is owned by the jazz saxophonist david sanborn. it's a townhouse near lincoln square, five bedrooms, a private terrace, garden, chef's kitchen, four fireplaces and recording studio with sky lights and windows where he recorded some of his top hits. price tag, $12 million.

michael j. feinstein is sending his townhouse. it's 18 rooms with 7 baths, 2 kitsch. s, a meditation room, large backyard and a mukist room overlooking the garden. price tag $17.9 pianos not incl. >> unbelievable. >> yeah, well, if you think that's unbelievable, wait until you see what we're going to talk about next which is a record-breaking car. >> i have got a problem with this car, by the way. >> already? >> i do have a problem. >> let's take a look. >> what did it sell for? >> let's take a look at it for. this is the little red corvette with a huge price. 1967 l-88 sold in scottsdale for $3.85 million including the buyer's premium. that's the most ever paid for a corvette. corvette only made 20 of these so they become almost mythical in the car world. this one is considered the best model in existence. the second l88 is a little more

colorful. it sold, check that -- >> that's a car i can drive. that's my car. i want that. >> it sold for $2.86 million if you can believe it. the sales highlight the return of the muscle car market. it crashed in 2009 after prices went insane, about you now prices are back. sales totaling $248 million in scottdale up from $225 million last year. car experts insist this time is not a bubble but these prices for car vorvettes when you can a new one -- >> msrp, $151,000. there you go. $51,000 starting price. without wheels probably. >> and the insurance, especially driving in eight-inch heels. these cars, they're cool but they're not worth that money in my view only because people -- it just tells me people don't have another place to park their money. >> that's exactly right. >> overbidding these assets. >> what they said is the real

estate money, the contractors, the developers, the home flippers, they're back in the market. >> did you hear the maybach is coming back. if you wear that '57, you better wear abo bolo. >> thanks for joining us. thanks for watching "street signs" as well. welcome to "the closing bell." i'm kelly evans. bill, where are you? >> i'm hunkered down at cnbc global headquarters. my snow sled is in the shop so i couldn't make it downtown today. the weather here just like it is in much of the eastern part of the country today. it is snow, snow, and more snow, and the worst is yet to come to the east coast as it makes its way up from washington, d.c., into new england. it's just a real crazy day weatherwise. a crazy day on wall street as well. the real storm clouds for