so three winners right now, michael kors, xylem, and yum brands after its earnings last night, up 8%. ty? >> bit of a rocky road lately for yum brands but today, a nice one. that does it for this edition of "power lunch." >> "street signs" begins right now. hello, everybody. the s&p 500 is bouncing back from its worst start to a february since 1933 but the wall of worry still stands and we are going to walk you through all the things investors are dealing with and talking about right now as well as reasons to be optimistic. plus, industries that are bucking the downward trend. the facebook turns ten. where will it be in ten more years? one major retailer did something positive. that is making me eat crow,

mandy. >> maybe just a little. okay, guys. you wanted volatility. we have been getting some volatility. let's take a look at what the dow is up to. today, it is up by 50 points but earlier on, we had been seeing triple digit moves. this morning we saw the fifth straight day of triple digit moves for the dow in either direction, both down and up. even with today's gain, as brian was saying, we are off to the worst start for a year with the dow and the s&p since 2008. here behind me, the vix. it is back below 20, sitting just above 19, but has spiked about 40% since january 13th which does spell volumes. we have market reporters in place to talk us through those moves. bob pisani at the nyse, rick santelli at the cme and seema mody at the nasdaq. bob, this was called a very half-hearted bounce. >> yeah, it's tepid. let's just call it steady as she

goes. take a look at the s&p 500. it's kind of like a poker game where you pull two 2s. what do you do? you don't raise them, you don't fold them. you kind of wait for the next card. the next card is the jobs report on friday. everybody is waiting for this next card so let's just call this reasonably steady as she goes. in terms of earnings reports, we are seeing some individual stocks move whole sectors right now. kors had a great number, we reviewed this, look, up 17%, guidance for 2014 was great. they are pulling up the whole retail luxury sector. the restaurant group is being pulled up by yum's numbers. they weren't spectacular but basically affirmed their 2014 guidance. that's pulling up buffalo wild wings, pot belly, even domino's pizza. bottom line, we are looking well. jc penney, about an hour and a half ago, broke below $5. we had a little bit of buying pick up when that happened. 2% same store sales growth for the fourth quarter, that's a disappointment. 2012 was not a good year for jc penney. i think people are dumping the

stock again today. >> bob, we will talk more about jcp later in the show. it's important to remind the audience this was a $40 stock a couple years ago. >> it was $9 on the 1st of january. >> unbelievable decline for jcp. thank you very much. all right. let's go to rick santelli in chicago. rick, we will be walking through the wall of worry in just a few minutes with all the things people are talking about. but what is number one on your radar right now? >> the u.s. economy potentially sliding a little lower than the last half of 2013 may have demonstrated and when you add that in to all the global dynami dynamics, it really probably will be a lower yield scenario for awhile in treasuries. and just consider, yesterday's weak ism already had analysts and economists marking down their expectation not only for tomorrow's adp but in a subtle way also for friday's jobs report. >> yeah, we need those to either confirm or deny what we have been seeing in weak economic

data pieces. thank you very much, rick santelli. let's head over to the nasdaq. seema mody, what are you watching there? >> the snap-back rally, is what traders are calling it. large cap tech, internet, biotech are all staging a comeback. let's put it into perspective. the nasdaq is still down more than 4% since january 23rd, when china came out with weaker than expected pmi data and which spurred the sell-off. it's really been the chip stocks that have fallen the hardest. intel, qualcomm down 3% to 5%. in terms of what's leading the nasdaq, gilead sciences is the best performing stock on the nasdaq 100. some are seeing the sell-off as a good buying opportunity. with that said, one day doesn't make a trend. consistency is important here. that's what market technicians are telling me. >> seema, thank you very much. today as you just heard is a decent day but listen, fundamentally very little has changed in the last 24 hours. in other words, the so-called wall of worry still stands and there is so much going on lately that what we did is try to

condense all the major concerns that we have heard lately in notes and on the air, et cetera, into one handy screen for you. so really, here not the only but really the big five things that everybody is talking about right now, the stuff they are worried about. number one, you just heard rick say it, weaker u.s. data. throw the weather into that as well because they are being linked together. that's number one. china and other emerging market fears. yeah, china's a big deal. argentina and turkey, less so. but they have still been mentioned. what about japan? remember the nikkei last year? i certainly do. guess what, this year, terrible. been a correction. the currency is a big point. margin calls as well, something we have not talked a lot about. if you borrow money to buy stocks, some brokers out there might be giving you a call and saying guess what, pony up the dough, which means you've got to sell other stocks, actually margin debt, margin calls and leverage, something i have been hearing a lot more about in trader correspondence over the last 24 hours. and this is hard to believe. you know that little groundhog out near pittsburgh, punxsutawney paul or whatever

his name is? guess what, he saw his shadow again because it looks like the debt ceiling fight is happening in a couple days, we will reach that level of funding, and guess what, debt ceiling part 4. it's like a bad halloween horror movie may actually be happening again. those are the big five things, not the only, but the big five. what are j.j.kittehan and bill stone worried about? let's find out. j.j., first to you. what is your number one concern of those five or something else right now? >> i would have to agree with rick. it's the u.s. economy and the numbers coming from the u.s. economy. again, we saw the weak one yesterday, we have employment coming on friday. the reason primarily for that is you know, there is enough worry everywhere and all the reasons you just gave, but the u.s. was able to perform when europe had its weakness in the past. when asia has had some weakness in the past, the u.s. economy has always come through. we were at this 2.5% to 3% level of gdp and the ceos and their earnings calls over the last few

quarters have talked about how they can still grow a nice business and things can still be healthy. maybe not as much as they would like, but they can still do well. so if the u.s. economy slows, if our gdp goes to 2% or under, i think that would really be where the primary worry comes from. >> bill, we will get to you in just a second but j.j., do you think the weak economic data we have been seeing recently might continue to the point where the fed starts to taper the taper? in other words, maybe hold back a little bit from the tapering? >> you know, really, if you think about it, they may take a month off, so to speak, or a meeting off but overall, i don't really feel they are going to because if you think about how we got in this, they kept telling us it's going to take six months to see the positive effects. i agree the other way. it will take us three to six months to truly feel the effects in the economy. there might be a short term psychological effect with that, but overall, it really takes three to six months before you actually see the results start to come through. mplts go >> good point. bill, what about you? what keeps you up at night? >> you know, i have to build on

j.j.'s comments. i think you do have to f on what really matters. i think it is the u.s. economy. it's not the emerging market economies that people worry about, don't matter for the financial markets and haven't been part of what sent us down. if you're worried about something really going wrong, that's where you have to spend your time thinking about how you feel about the way the u.s. economy will play out. >> does everything play out in the frame of the u.s. economy? all the other four things just go to define the u.s. economy. maybe that should be its own thing. >> yeah, i think that -- i think all of them have impact. that's what you have to decide is we laid out this whole situation with the emerging market countries, can the u.s. in fact kind of decouple from them and really continue to move on in growth. i think we can. i think that's what investors have to decide. >> also lost in all this, all the negative worry or the wall, if you like, are a number of really positive things going on,

right? for example, earnings have actually not been so bad. both top and bottom line, we have seen the average be better than what we have seen in past quarters. there are other good things going on like we have got these fears about the u.s. economy, we are starting to see yields come down or at least stabilize at a lower level. are these not things that might try to for the investor offset the negatives? >> you know one thing, i think we have to kind of keep our minds on, if you think about how many guests have come on your show since the year started and said we need a 5% to 10% correction, we got the 5% to 10% correction. so there was a lot of expectation that this would come at some point. it's here now so maybe people were thinking we were going to go down much further, but so many people were expecting this move, i don't think it's necessarily a bad thing. it could be an area of capitulation. with that being said, your viewers who are more technically oriented, love to see the s&p 500 hold 1750 today, at least 1733.

if we go below that, we could be in a little bit of trouble but the tale will be told on friday. that number if it comes in at 75,000 or 74,000 again is not going to get the pass it got last time as a complete anomaly. people have high expectation. last i saw was about 181,000. we have to be in that ballpark in order for the positive momentum you just talked about to continue. >> thank you both very much for your thoughts on that. as i alluded to, it is not all doom and gloom out there. dominic chu always a brightly minded person, has found places where you might want to park your money for awhile. >> i try to be an optimist. how about this. january stock performance doesn't bode well for the overall market but the experts at s & p capital iq say there are pockets of the market that outperform others. specifically, those are the industries that perform well in the move january. think of it as the next step beyond that january barometer. s & p capital iq's chief economist notes the ten best performing industry groups each january outperform through the end of the following january by

around 4%. here are the top ten industry groups and the pick as to which stock is the highest rated in each. among this top january performing industry group list includes airlines, consumer electronics and beverage alcohol companies. their top pick in airlines is delta, up nearly 9% in a down market. as for the distillers, they like constellation brands which is up around 9% as well. in consumer electronics, they like harmon international which makes audio equipment, up 25% year-to-date. stovall says an equally weighted portfolio with the top picks in each of these ten january outperforming indices tends to do better over the next year. i put all the tickers for the january barometer portfolio for 2014 on twitter. check out my twitter feed for all of those. brian, back to you. >> thank you very much. quick riddle. when is boring sexy? the answer, when you're microsoft when its new ceo. is microsoft in a good way going back to being boring? plus, jc penney is a winner

and a loser today. apparently i'm just a loser. tell you why. later on, happy birthday, facebook. the social network is turning ten today. we will be looking into a crystal ball to see what facebook will look like in ten years from now. plus, it is "shark tank" tuesday on cnbc. barbara corcoran is in the house. she will be joining us live when "street signs" returns.

the long search is finally

over. microsoft names satya nadella as its new ceo. he has been with the company for more than two decades and most recently had been running microsoft's enterprise and cloud businesses. so is this appointment signaling a shift back to microsoft's roots? let's bring in daniel wise and colin gillis. everyone has been saying this is the safe pick but maybe it was a little too safe. didn't we want someone who would maybe shake things up? >> that's exactly it. i would call it as 55 miles going down the right lane, investors want an outsider, someone who change it up. instead, after six months, going around the world, twists and turns, they look down the hall and get satya nadella. a logical pick but again, i view it as disappointing to many investors that were hoping for more. >> do you agree, colin, it would have been faster change with someone from outside? >> you know, an external candidate may have come in with more of a mandate to drive change. i look at satya, i see him taking several quarters under his belt because this is the

first time he's got to be the public company ceo. this announcement's important but i think a more critical announcement from microsoft is going to be does mason morphet join the board this spring. it's widely expected he will join the board, he has the option to do so and what will the board look like once the elections happen in september. will he be able to exert greater control because that's the path that will get xbox and the devices companies spun off. >> the one thing we talked about was that microsoft appears to know who it is. i want to bring up a chart because a lot of people don't realize what microsoft might be. forget all the hyperbole, everybody trying to stand out. at the core of it, microsoft is sort of a semi-boring enterprise business. servers and tools, and revenue has grown nearly $30 billion in the last six or seven years, most of that coming in the servers and tools and the business division. do you like the pick from the sense of they seem to know who

they are? they are not xoom. >> correct. from that perspective, this is the area that investors are excited about. the cloud opportunity. this is the area where if it was isolated a bit more, they could maybe get a higher market valuation. but unfortunately, there is still the noise associated with the consumer business, with xbox, and satya is now the ceo today, he's getting handed the nokia acquisition which is about to close. they just dumped $15 million into four square. good luck, go get 'em. >> let's break down microsoft's business, if we can. 32% of microsoft is the business division. 26% is servers and tools. you're looking at nearly 60% is the stuff that we don't talk about. that's the point we are trying to make. everybody is oh, windows vista stunk. yes, it's important and xbox is losing money but the money isn't coming from there anyway. >> yeah, but the bigger issue is

that again, the bread and butter, they are still heavily tied to pcs. you need to find the growth vehicles outside of pcs. you look at tablets, i saw one guy on the street that had it. outside that, it's hard to find someone. that's been underwhelming. you look at mobile, nokia will be a mt. everest like climb to get growth on the mobile side and those are two keys if this company really gets into its next phase of growth. >> nokia, $7 billion acquisition. lot of head scratching. do you believe it is actually going to bear fruit? will it end up like google's motorola? >> there is a better chance me playing in the nba than that acquisition working out well. again, that continues to be a head scratcher. they made a big bet there. there are some synergies but again, that's one where it's a little more desperation to them being so late to the game in mobile and again, mr. nadella

has challenges ahead. i definitely get a good sleep today because i think it will be a long year. >> dan and colin, thank you very much for your thoughts. great chat. jc penney both a winner and a loser today. here's why. same store sales did something they have not done in three years last quarter. they went up. jc penney a loser because the stock is sinking again. got 11% right now to $5 and change. i'm a loser because well, we will get to that. cnbc contributor jan rogers is here. same store sales went up. good news. 2% to 3%, not good news. >> no. i'm not here to wave the victory towel and mess up mandy's hair -- >> it looks more like a surrender towel. >> i won the bet but the stock's at $5. i went negative on it at $43. i went neutral at $17. i went positive long before $10. so i'm thinking you can just like buy me a hamburger at

mcdonald's and we'll call it even. >> for our viewers and listeners, basically they wouldn't have positive comps, basically year over year for four quarters. they barely did. i'm happy they did. why is the stock tanking, though? >> doesn't surprise me it's tanking. i don't think this was any worse than what people had been talking about. after they didn't tell us what sales were like, people were guessing they were as bad as six minus in december. they really turned out to be about zero in december. then down about somewhere between four and five in january to get this number. this would have been kind of what people expected. the only concern i heard in addition to what we have seen already was that they didn't mention gross margins. i've seen people out saying 28%, 29%. i'm guessing that's the issue that people are concerned about. one would have thought they would have said something had it been worse than what they have been talking about all quarter. they didn't really say anything. >> certainly no details about the gross margin, very much

weighing on people's minds. we are also hearing from the "wall street journal" that radio shack is going to close 500 stores over the next few months. they have i think about 4,300 company owned stores and multiple franchises beyond that. what do you make of this? do you think it's going to help? there was this super bowl ad that was very self-aware, almost a little poignant when they are basically saying refer back to the '80s. >> so penney's closed a handful of stores at the end of the year. isn't this really a handful of stores? we are talking about a little over 10% of the store base. there is probably a much bigger need than that. i don't know what you think but radio shack isn't one of those stores that you are craving to go visit. >> will this help or not? >> will it help? sure it will help. will it make a difference? not really. >> every year, more people that would shop at the store don't know what a radio is. >> or a shack. >> hard to find a radio these days. i don't think you can get a radio at radio shack.

thank you very much for joining us. still ahead, the about-face of the american ceo. why all of a sudden they are feeling great about the future. and entering the shark tank. barbara corcoran is up next. always value her insight. wit, charm, elegance and grace. that's for what you said about me in the green room. announcer: where can an investor be a name and not a number? scottrade. ron: i'm never alone with scottrade. i can always call or stop by my local office. they're nearby and ready to help. so when i have questions, i can talk to someone who knows exactly how i trade. because i don't trade like everybody. i can talk to someone who knows exi trade like me.e. that's why i'm with scottrade. announcer: ranked highest in investor satisfaction with self-directed services by j.d. power and associates.

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i can't do it as well as the promo. it is "shark tank" tuesday on cnbc. one of these sharks herself, barbara corcoran, is here. it's a real pleasure. >> thank you very much. >> rent a grandma? >> why not? sounds like a great idea. >> why? >> talk to any mom in america. they will always tell you the babysitters's not as good as they like it to be. people trust a grandmother. most of them don't have them live around the corner. >> young psychopaths grow up to be old psychopaths. >> you're doing the full circle. i believe for the first time you have children making a pitch. >> yes, we are. we've gotten a few children in this season and it's great because you know what, they are not practiced, they are completely genuine and they have so much upward style. >> are you a little softer on them? are you as hard on them as you are on the adults?

>> you have to be softer on a kid because you are thinking even if the business goes bust and you put your money in, at least they will get a college education. that's how i look at it. not a bad fall-back position. >> you don't want to destroy someone's spirit, hope and optimism at age 10. you wait until 12 to do that. >> you do that at 12, at 15. why not. i was starting to say, if you look at mark cuban, a kid comes on the set it drives him nuts. he wants to attack and can't. he hates when they put kids on the set. >> can you tell the minute someone walks in and they open their mouth, can you pretty much tell i'm going to like this or i'm not? >> you don't know if you will like them but you sure know if you don't. what happens, when they walk in the shark tank set, they let them sit there for two minutes and they haven't been warned. the cameras are in their face. and they tell them don't talk until talked to and no sharks talk to them for two minutes. in those two minutes, we have watched one entrepreneur after another crumble. >> in what way? shaking? >> that's the last thing. they break eye contact. first is smiling, they are no longer smiling. they are making the rounds with their eyes, now looking down, then shrugging their shoulders.

you can see them falling apart. that's the kind of person who is never going to make you money. >> you know what's interesting, you guys more and more seem to be partnering up. >> yeah. >> i don't know, barbara, why don't you and i go into this. we will hedge our bets. what's the fallout from that, though? because now are you not only sort of arguing with the contestant in a way but maybe you have a problem with what o'leary wants to do with the company you guys partnered up on. >> you are too smart to watch "shark tank." that's exactly what happens. i hate partnering with anybody but mark cuban because these guys take too long. they are men. mark's got a team, everything happens right away. it does make a difference who you partner with. >> i assume they are friends? you never mix money and friends, that's the old adage. >> nobody is friends. no way. >> if you don't mind me sharing a personal anecdote with the viewership, you were originally rejected by "shark tank" -- >> how did you find out about that? >> by your book, perhaps. >> oh, of course. i forgot. >> i'm not telling the world

anything they can't already read. the creator rejected you -- >> after i signed the contract. >> you went in there and wrote a letter and said this is why you need to have me on the show. >> i delivered to him the message that is so true of my life. i told him i considered his rejection a lucky charm and everything great in my life happened after i was rejected which is the truth. i cited five things that turned my career around because of rejection. i said invite both girls out there to compete for the spot and that's exactly what he did. >> failure is a good thing. >> failure is a good thing if you can get over it. it's the worst thing in the world if you're going to cry in your soup. >> or if you can't afford soup. >> what a depressing guy you are. >> it's true. you just said you will marry me before the break. >> i don't mean it anymore. i want a happy guy. happy rich guy. >> took you longer than most. >> "shark tank" is tonight, tuesday. do not miss it. every tuesday night, in fact. it starts 8:00 p.m. here on cnbc. let the feeding frenzy begin. still ahead, a tale of two games. "grand theft auto" down.

"farmville" up. plus, mcdonald's feeling a little inde eshgindigestion tod what can you expect to pay at the pump this week? let's get straight to today's pump patrol. >> the national average for a gallon of regular gasoline, $3.27, down a penny from yesterday but down 25 cents from the same time a year ago. according to aaa, the national average fell four cents lower in january, compared to a 17 cent increase in 2012 and a 13 cent increase in 2013. this marks the first time prices have declined in january since 2008. the reason, stormy weather keeping people off the road. meantime, the state with the lowest average gas price is montana, where gas costs $3.01. that's today's pump patrol. and this will be your premium right here.

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it is street talk time. daily stock news and views, we call it street talk. let's take a look at take two. it is absolutely getting killed, down about 10% today.

>> yeah. to $17.02. grand theft auto, its main video game, sales did great last quarter but the outlook disappointed. a relative lack of product catalyst s in the near term. >> from grand theft to farmville, upgraded to a buy from neutral. >> up 1.5% to $4.50. target goes to six from four. they note the beginning of a stabilization in cooperations and increased scale of innovation resulting from the acquisition of a british software company. rather quietly up 28% year-to-date. >> we also have arm holdings being added to the conviction buy list. >> down 4% to $43.79. their rating is an overweight. they got a target of 64 bucks. they basically see $20 worth of upside from arm holdings. >> why not bring up the chart for palo alto networks, the

target raised at pacific crest. >> the stock's seeing $14.50 of upside. demand for the network security company is firming up. they are set to extend growth and accelerate market share gains this year. >> today's under the radar pick is smith and nephew. >> a british based medical equipment maker, in a deal to buy another company for $48.25 per share in cash. this was a $30 stock during the peak of the financial crisis, more than doubled. it's been a rough year for the golden arches. shares of mcdonald's near lows not seen since february of last year. but is this a blue chip buying opportunity? let us start talking numbers with richard ross and andy bush. andy, i will start with you. you are also a chicago guy and clearly, a frequent mcdonald's eater. what is your fundamental take on mcd? >> well, mickey d's is right down the street from where i

live. >> i know. >> i'm always there -- no. my take on these guys is look, mcdonald's did well in 2008-2009 when the world was falling apart. now the rest of the world is doing fairly well and it's just holding steady. last year, just as an example, the s&p 500 restaurant index was up 23%, mickey d's was only up ten. they just came out with same store sales which didn't look very good. obviously they were down .1% but in the u.s., down 1.4%. year over year, flat. that's not a good sign for mickey d's. even though they traded about nine times of burger king, 13 yum about 11, yum is obviously doing really well today. mickey d's has a problem. they are trying to do this -- i can't even say it, mccafe, and the problem is that they are asking the franchisees to buy machines that are about $13,000.

also, it slows down the traffic through the drive-through. they got to fix some stuff to get it going again. other than that, i'm a hold on mcdonald's. i will wait for them to improve before i really get interested. >> it really does look like a holding pattern. you see the big slope up towards 2012 and it's been kind of marking time. where does it go from here according to the charts? >> i've got mixed emotions on mcdonald's but i have brought with me two charts today which illustrate why this obvious short term pain could really be some compelling long term gains here. of course, we look at a one year chart and you can see mcdonald's in a very well-defined down trend since april of last year. we are now off 10% from those highs. really a dog of the dow last year, we have taken out the 200 day moving average. but if we zoom out and look longer term, i think mcdonald's gets extremely compelling here. there is one line on this chart, it's the only line that's important, the 150 week moving average. it's held now for 11 years. that's rather compelling. each time we have touched it, it's been a compelling buying

opportunity. today, that line sits at $92.76. we are right there now for all intents and purposes. i think this is where you want to buy mcdonald's if you believe in the story. once again, we have held this line for 11 years. i think it holds again. i'm a buyer. >> wow. 11 years. 92.66. that's a number we are keeping our keen eye on. thank you very much. be sure to check out the online edition of talking numbers, part of or partnership with yahoo! finance. still ahead, we are going curling. kind of. sort of. plus the markets may be off to the worst start since 2008 but hear why ceos are not worried. later, a decade of likes, baby pictures and political rants. facebook is ten today. can the social network keep evolving for the next ten or will it go the way of myspace? lots of big philosophical questions there. first up, what's coming up on "the closing bell"? >> i still remember when it was the facebook.com. seems like only yesterday.

speaking of what's coming up, we have stocks making a pretty nice comeback today. the question is whether it's time to get back involved in this market. we will ask a bunch of top money managers. >> also, twitter getting ready to make its first earnings report as a publicly traded company. that happens tomorrow. but today, find out if you should be buying that hot stock ahead of those results. also, former minnesota governor jesse ventura is joining us. he will go head-to-head with kevin or le'leary on what's beh the erosion of the middle class. don't miss that debate. see you at the top of the hour. friday night, buddy.

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welcome to the earnings squad. i'm melissa lee. joining me, dominic chu and stephanie link. got a lot of earnings to deal with. let's start off with buffalo wild wings, the company trading higher ahead of its fourth quarter earnings report. this is an example of a high valuation company, lots of expansion plans and dwindling food costs. does that sound familiar to you? it was the same setup going into the quarter, we saw chipotle turn higher. it comes ahead of the number. when it comes to food costs, get a load of this, chicken wing prices were $1.75 in the quarter compared to $2.07 a pound a year ago. so they are really coming down very quickly here. they are also engaging in a simpler portion system, simpler also smaller so costs are also in their favor there. they just opened their 1,000th restaurant. morgan stanley downgraded it saying it's rich in valuation.

i don't know if you can pay 39 times earnings for a restaurant chain. >> it's hard. especially since earlier today, we were talking about yum which is actually quite a bit cheaper. they both have positive operating leverage potential because you talked about the food costs coming down, top line going up. they do have a great program in place in terms of their menu and what you just talked about. i think there's opportunity. i want to hear what they say about the weather. >> for restaurants, remember, prime costs is what they call it, food and labor, they are always a big part of what will happen. >> all eyes on twitter, the company gearing up to report fourth quarter results tomorrow. dom, what are you looking for? >> i couldn't get more excited because it's facebook's tenth birthday. i wanted to take a look at twitter because there are so many things beyond the headline numbers to look at. there are themes, namely what's happening mobile wise and with their particular products. whether or not there's an ad utilization rate that is starting to pick up steam. when we talk about twitter, this is also a company of course that's been on a massive run ever since its ipo.

here's the thing. if you look at the options market right now, there is some volatility that's being priced in for this particular earnings report. options traders are pricing what could be a 13% to 14% swing either up or down in twitter stock. so it could be that this nice run we have seen could be due for volatility. >> engagement, user growth. those will be keys. user growth in particular because those numbers the last couple quarters have been coming down. >> let's talk disney, setting up for earnings tomorrow morning. what are you watching? >> it was upgraded today which is why i thought it was interesting to call it out. i think that the company is set to do a pretty good job. stocks down 7%. we have seen very good results in the cable assets. the park costs have come down and of course, we all know "frozen" is doing very well. i like that story a lot. >> i haven't seen it yet. >> you have to. >> spoiler alert. that does it for us. back tomorrow on "squawk on the street." tonight, why a former harvard

economics professor is pulling out every single penny he owns from his bank of america account. that's tonight at 5:00. >> thank you very much. let's get to a little good news on a macro scale. the results of the ypo worldwide global survey reveal u.s. ceo confidence rose in the fourth quarter, is now at a two-year high. the confidence boost stems from anticipated growth in sales and jobs. that's good. 58% of chief executives think conditions are going to get better in the first half of the year. survey found the same optimistic trends abroad, confidence among all regions surged except for africa and parts of the oceana region. mandy? >> that includes australia. >> it does. they were less confident. who is the ypo, you might ask? the young presidents organization. it is an exclusive cnbc partner. member companies generate $6 trillion in annual revenue. ypo.cnbc.com has more information. facebook is celebrating its

tenth birthday with more or less a billion years, six billion likes, every single day. what is in store for the social network's second decade? >> in just a few minutes we try our hand at curling. but the kind you do inside a tv studio in a suit. mine was earned in korea in 1953.

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facebook celebrating a decade of likes today. the social network is ten years old. happy birthday, facebook. it's come a pretty long way but julia boston, what does zuckerberg need to do to make sure it is still here in another ten and doesn't go the way of some of the other social networks out there that shall remain unnamed? >> well, mandy, to address that very topic, ceo mark zuckerberg sat down with nbc's "today" show for an exclusive interview and the big question was really how does facebook stay popular for another ten years. zuckerberg dismissed some concerns that facebook might be losing its cool factor among teens, instead focusing on facebook's appeal across a huge range of demographics. >> we're helping more people share and connect with the people that they want, and

that's i think what's really important, and we pay attention to every demographic in every country. we're going to focus on building things that teens are going to like and also going to focus on building things that other folks are going to like and in different countries around the world. world. >> so how will facebook keep those teens hooked? think instagram and the newly launched paper app. >> sometimes people want to share privately and have one-on-one messages with people or their small groups or sometimes you want to share with all your friends at once or sometimes you want to see public content from celebrities or athletes or news. and there are all these different things that people want to do, and, you know, i think increasingly people aren't going to get them all from just one app. >> now, instagram and facebook messenger have been successful so far but the big question now is whether facebook will be able to innovate and introduce new apps and how those and its existing sort of array of

options will be able to compete not just with twitter but a bunch of companies that haven't even launched yet. mandy and brian? >> julia, thank you very much. appreciate it. ten years, definitely a smile stone, especially when you're talking about social media. where will facebook be ten years from today? joining us, mike isaac and neil d doci. ten years from now is facebook myspace or is it aple? >> i'm bullish on the prospect of facebook being here for a while, and julia kind of touched on it, but its messenger app is really kind of the future of where it's going to be at least internationally. messaging apps in asia and south america are blowing up and facebook messenger is this backdoor into everyone's phones and the way they communicate. >> i think it's really amazing how bullish the two of you are, right? neil, you say in about ten years' time facebook could have a market cap of $450 billion to

$500 billion. that equates to $200 a share because everybody that brian and i speak to, including ourselves, have gone off facebook. >> absolutely. well, you know, this company has really pivoted to becoming a mobile first company with over $1 billion of ad revenue in the fourth quarter alone from mobile. there's multiple opportunities for multibillion dollar revenue streams from instagram, from video advertising, and from a mobile ad network. we think facebook can really sustain high teens to low 20% growth on the top line and on ebitda other the next ten years which gets us bullish for facebook. >> you know, the other thing that if you're not using the facebook proper app every day, i think the thing that you don't really realize is how many times you use facebook to log into other websites and apps. and i think that's something that people don't -- >> you mean facebook like a gateway to other things. >> that's exactly right. >> that's what our producer katey said. she said facebook is basically my gateway to everything now.

i can't imagine giving it up. you're hitting on the same point. >> yeah. think of it as like sort of an identity passport type thing to the rest of the web, right? instead of filling out all of your information forr every different website you go to, you use your facebook connect to log in. it's like this gateway to everything else. >> let's forget the love fest for facebook for a second. what do you think of the real head winds here? what are the biggest risks? >> clearly there's the concern about teenagers and teenagers falling off facebook, and also they have a payments revenue that seems to be coming down pretty dramatically. you know, although when we look at the teens, they might have migrated off facebook, but there's a very strong teen contingent on instagram. and i have to agree with mike. messaging could be a big opportunity for facebook, especially in asia, and that can really level up facebook's user

base. >> and it's important, neil, i guess that they're actually the real people, right? they're not like chest hair 23 on twitter. who likes to send you stuff like you're a moron and it's two "r"s. >> is that a real guy? >> that's my screen name actually? >> no, you have that little smiley bear thing, don't you? is that the underwear bear. there's a long story but that's the toilet paper bear. >> toilet paper bear. that's nice. that's how i'm going to introduce you next time, mike. >> deal. >> and i believe, mike, you say zu zuck is going nowhere. >> that's his company. he's not going it for money or fame. this is his baby. >> in ten years' time he will still be younger than we are today. >> otherwise that would be some weird time warp thing. i'd be chest hair 25. guys, thank you. >> okay. coming up next, we are going curling. let's go. if you're living with moderate to severe crohn's disease,

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champion dean gamel. he's not competing in sochi so he's here to teach us the art of curling. dean, let us know exactly how this works. you're from the kings bridge -- >> we're part -- we're going to bring curling to new york city. the kings bridge national ice center. they're putting in nine rinks. one dedicated full time to curling. for the first time we'll have five sheets of dedicated curling ice in new york city. >> messier is involved. curling with checking? >> i would like him as an intimidating presence on my team. >> how popular is curling in america? i'm hearing about curling after never hearing about curling. >> after the coverage we have had on the nbc family of networks in the last few olympics, we've seen big growth. we really only have three tristate area clubs. i'm going to show you how to do

it. we don't see a lot of high heels in curling. this is street curling. a real curling sheet is five times as long as this. >> this is also not ice. >> it's not ice. >> and in the winter olympics, of course, it will be on actual ice. you're just going to step into it, mandy, like this, let it go towards there. a little to the right because it seems to sort of curl towards the center. >> thus the name. >> yes, it's curling more than you would expect. >> thus the name. >> here we go. it's actually quite heavy and it's not even the real thing. i think the real things are made out of stone. >> the real things are over there. >> let's do another -- >> center of the button. >> that's going to be a little solid which is what happens to most new curlers. >> look at that. >> bull's-eye. >> does the back thing count? >> that wouldn't count in real curling. that would be out of play. brian, you tried it for real. >> i did, and it was a lot harder than i thought it would be. >> yeah. a little different than this.

>> that was just a casual toss. >> look at this though. look at this. so casual about it. >> you will find i'm a highly skilled television personality. >> that looked so nonchalant and he's in the back 12 foot. >> maybe he can give up being an anchor and become a curler. brian is going to go to sochi in a couple weeks. going to be anchoring "street signs" live from there. >> thanks for watching "street signs," everybody. >> "the closing bell" is next. now we know. >> we're learning the terminology. there's a market metaphor in there somehow. >> has the bleeding stopped or is this just a pause in a continuing correction. welcome to "the closing bell." i'm kelly evans with bill griffeth. >> we're back together again, at least for one day. we've got something else going on tomorrow. after the bottom really