3%. so is packar and the luxury retailer tiffany is up 2.5% right now. a shameless plug for "closing bell." twitter reports earnings after the bell tonight. we'll have that for you coming up on the new york stock exchange at 3:00 p.m. eastern time. >> michael lewis joins us april 1st. "street signs" begins now. bonds, botox, butts and beats. those are your big themes today, folks. thank you for riding shotgun with us here on "street signs." stocks pretty much flat and most of america trying to thaw out today. this all comes as one of the world's most watched technicians says a crash is coming. we'll ask bill gross if that's what he sees. plus, has the botox boom finally slowed down? allergan's ceo is here. and a bull-bear debate you cannot afford to miss.

mandy, i just want to be clear, the buts are not the human kind. >> thank you for making that clear. hello, america. let's take a look at the markets. there were early struggles but we can see the dow is marginally in the black here. the s&p a moment ago was also back in the black but unfortunately, has fallen back very slightly into the red. the nasdaq, however, is still on pace for its biggest weekly drop since april 2013. obviously only down very slightly today but i'm talking about a weekly drop here. it's being dragged down today by big names like gilead, microsoft and even amazon. that is why it is the underperformer out of the three indices. back to you. >> thank you very much. earlier today, right here on cnbc, a big call from somebody known for watching the charts. tom demarks says stocks right now looking a lot like they did before the crash of 1929. he also said this. >> what we're seeing right now if the market does unravel i think you have a 60% correction,

40% off the high. >> he is well known to market insiders. many follow his proprietary indicators. others simply calling that fearmongering. let us welcome in bill gross of pimco. bill, listen, obviously you are mostly known for bonds but you are building out pimco's equity business more and more every year. what do you think about that kind of prediction/call? >> well, i think it's much too much. my outlook this morning spoke to markets, stock markets and p.e. ratios and the reason why they go up and down. for the most part, the way i see it fundamentally is that they move based on credit creation. to see a decline like that would simply be, you know, take a mistake on the part of the federal reserve or other central banks to reduce credit. credit is being credited, yes, very slowly at 3% to 4%. we need more of that. but a p.e. ratio of 15 times or

14 times is probably appropriate with this type of credit creating world that we are seeing. >> before a couple weeks ago, i didn't hear a lot about leverage and margin debt. now it seems like that's what i'm hearing about the most. do you think that buyers, whether it's stocks, bonds, gold, whatever it is, are overlevered once again? >> i think the global financial marketplace is overlevered. i said that many times. how to measure that is very difficult but there's no doubt when the fed created credit, when the fed lowered interest rates and did quantitative easing in the trillions and now japan of course is doing the same, that that money moves out globally and is seeking higher returns and higher yields in the case of bonds. when that creates a situation where deficits in the case of emerging markets tend to increase and where interest rates tend to threaten growth, then that money moves around. so yeah, we have a highly

levered global financial marketplace and we should expect not a 40% type of movement. we should expect 5% to 10% moves because when it moves, it takes prices with it. >> indeed. let's talk a little more about the world according to bill gross. you're not being very joyous at the moment, because you say in your most recent i.o. the days of getting rich quickly are over. i'm sure a lot of people agree with that. but you also say the days of getting rich slowly may be over as well. >> well, it's hard to get rich slowly at 5% to 6% in the case of equities which is our forecast on a longer term basis, or 3% to 4% on bonds. it takes 10, 11, 12, 13 years to double your money in that particular case and yes, if you're 28 years old, can you wait to 40 to double your money and get rich, i suppose. but basically, as returns have come down from double digits and we saw double digits last year, did we not, in the stock market. but if our forecast is correct

in terms of accepting lower rates of return, then it will take a long time to get rich unless you're starting rich to begin with. >> we shouldn't just throw up our hands and say okay, then i'm out, i'm not going to get rich quickly or slowly. where would you be putting your money right now to get the very best returns? >> you want to take a little less risk and look for a little more return which is a delicate proposition in any market. what we're doing basically is buying front end treasuries, four and five year treasuries. you're not getting rich there at 1.5%. we are buying mexico, as we mentioned before. their interest rates are 6% to 6.5% for a five year piece of paper. we like that. and we like mortgage market in general in the united states at perhaps 3% to 4.5% as well. those aren't get rich numbers but they are prosperity numbers going forward if you let them compound for you. >> yesterday, we talked about

the new ceo of microsoft and kind of had the theme is boring the new sexy. sounds like investing is the same way right now. i do want to address something we just showed our viewers. which is a pig in a stockade, the cover of your investment outlook. the poor sorry sow stuck in what looks to be a stockade. what is that? >> that's reflective of medieval times. the outlook is called most medieval. basically back in those days, they tried pigs for various crimes, one of which was a pretty bad thing, when they took on drunkards in the middle of the night out in the mud bath outside the bar. in any case, pigs and locusts and all types of animals were basically thought to be in charge of their own free will, so back then, they took them to court. they took them to trial and in the case of pigs, they hanged them. it's just an interesting -- it basically says we're all accountable these days and we better be careful and not too

piggish. >> just making sure that wasn't some sort of hidden message you were buying lean hog futures or bacon stock or something like that. >> no way. >> let me ask you about the economy. we have asked about your opinion on demark. i want to get your opinion on comments from richard fisher and charles plotter who would like to speed of the pace of tapering. they think the economy is strong enough, recovering enough, to be able to support that. what do you think? >> i think the taper is a good thing and eventually in october and early november, the fed will be done with it. that has been fisher's view for a year or so, that now it's the view of other doves that are speaking up. basically the fed wants to cap its balance sheet at $4 trillion and depending upon the policy rate going forward, that's janet yellen's bag. that's what she's going to talk about next week. >> to speed up the pace of the taper, $20 billion instead of $10 billion a month. >> they better be careful on that. the speed-up depends upon a

still exuberant market in terms of asset prices. we haven't seen that in the last few weeks and perhaps because of the taper. i think they're going to taper at $10 billion every particular meeting and we'll be done with it by the end of october. then we're on the policy rate regime which to our way of thinking is a better way to do it as opposed to building up a $4 trillion balance sheet. >> do you think puerto rico will default? >> i don't think so. i know the u.s. has said hands off, but basically, it's a situational thing. they have been downgraded. there could be margin calls based on that. i don't think they are going to default. i think at some point there will be an arrangement. i don't know what that might be. but there will be an arrangement to prevent a default. >> always a pleasure to have you on "street signs." thank you for your commentary. up next, the big money in all this wicked weather, nearly 80 million americans right now impacted by some kind of winter storm warning. we will dig in on the real cost

coming up. plus, the biggest threat to one stock that is up a whopping 36% so far this year. later on, the breast implant indicator. yes. we are going to be speaking with the ceo of one stock that is hoping to push up profits. >> i just want to make it clear, these are real. and they're spectacular. >> mine, too. "street signs" is back. every day i spend three hours on weights.

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welcome back to "street signs." t-mobile shares moving higher in reaction to comments from deal reporter regarding a possible financing situation around sprint and their possible bid for the stock. you can see up towards session highs right now. again, deal chatter has been abounding between sprint, t-mobile u.s., those names always involved in some kind of deal chatter. as for right now, that particular bit of chatter is sending that stock higher. back to you. another day, another winter storm. hundreds of thousands of people are without power in the northeast after the second winter storm in just a week pounded the area. it is not just the northeast that is feeling the pain. nearly one in four americans were under storm warnings at some point today. we are hitting this story from all angles, from the economic impact to energy prices that affect you. first, let's kick it off with the forecast, because folks, yes, there is yet another storm

coming. the weather channel's julie martin joins us with more. >> yeah, that storm over the weekend we're expecting could impact the same areas here in the northeast. right now, still a little bit unclear just in terms of how much snowfall the models in disagreement. nonetheless, a few inches at least very likely. what we're dealing with here, a huge mess earlier today in places like pennsylvania, where we're dealing with more than half a million customers without power as a result of this system that came through. right now, we are seeing a lot of that turn over to rain in this area, including in the new york city area, but a little bit of a wintry mix here so definitely going to be slick for that evening commute. boston, starting to turn over as well. boston, we have seen reports of upwards of nine inches of snow in boston proper. higher totals as we head into new england with this system. the good news is all of this will be pushing out to sea as we wake up tomorrow morning, so taking a look at the timeline, the snow will quickly exit. by about 11:00, midnight, we should see the last of it coming

through places like boston and then a much nicer morning commute come tomorrow. but that next system as i mentioned is waiting in the wings and some of the models do have a blockbuster storm forecast here for the northeast. right now, we're looking at a few inches in places like boston down through new york city. from this storm, looking at a foot or more in the general area. so again, three storms in one week, not good news in terms of travel or the economy. mandy? >> you raise a really good point when you talk about the models being in disagreement. which do we pay attention to? the american model or the european model? because the european model is predicting a whole lot less snow for monday than the american model. >> well, the american model just backed off a little bit at the last run as well. so instead of feet of snow, we are talking inches of snow here in the northeast. typically, a couple days out, the models do start to come together generally and come to more of an agreement there where there were widespread discrepancies earlier in the week.

>> thank you for that. let's bring in steve liesman from the economic point of view. why should people, for example, in sunny california, care so much about this nasty weather? how much does it -- >> there's a guy sitting on a lounge out there saying why do i care. he's saying i can't water my lawn. >> that's another issue entirely. that's actually somewhat related in the sense that there is different extremes in different parts of the country. overall, the story is that this extreme weather is going to have an effect on overall national gdp. it could have an effect on the friday jobs report. you don't want to get too excited about cold in the winter and snow in the winter, except that when you look at the information that we have, it is substantially colder and substantially snowier than it has been in quite awhile in some of these places. we have a map i just want to show you here that our friend paul walsh over at the weather channel put together. you can see that all that blue part is colder than normal. the dark blue part is much colder than normal. that comes against some parts of the country that are warmer than

normal but not a whole lot of people live in some of those parts where it is warmer. >> does it make us second-guess the accuracy of data points that come out? in other words, does it complicate the interpretation of the data release? >> brilliant question. not only now but later because here's what happens with weather. you get a decline, then you get a weather related snap-back. so it may be several months before we get a real feel for the actual trend of the economy and some of these numbers when it comes to snow, 58 inches in chicago so far. just average from here would be the fourth biggest snowfall -- >> here's the problem. illinois, new jersey, these are states with long term fiscal challenges. these are huge expenses they've got to face. ultimately, are storms stimulative? >> they can be. there can be a stimulative aspect to them. >> lot of overtime being paid. those folks go to restaurants -- >> this is going to sound terrible but things like power outages create need for emergency funds and spending that ends up somewhat stimulating gdp.

obviously the net is negative but there is an impact. there's an offset to it that has to do with some of the spending that comes with it, especially when -- but the only thing, the fact they have run out of salt and some of these states and cities have run out of money. so whatever worst case scenario planning they have done, it's worse than that. >> my town, we are using organic sea salt now. >> i understand it's gotten so bad you had to cut the tree. >> i did. >> you had to take your own chainsaw out and cut the tree. >> chainsaw's a highly underrated gift. not just with the hockey mask. >> thank you, steve. the harsh weather also putting propane prices higher. in fact, five million homes use propane still for heat. morgan brennan is in sully, iowa with -- must be a spectacular place. >> reporter: it is, brian. just for you, we are bringing

you back a gift. it's a hat. >> look at that! >> wow. will it fit over my ears? >> reporter: we'll have to find out. hopefully. it's six degrees here without the wind chill. but going back the propane, we are seeing this ongoing propane shortage. it's pushed prices to record highs in the last week of january, we saw the national average top $4 a gallon. that was a 30% jump from the week prior and here in iowa in certain parts of the state, that price has gone as high as $5 a gallon. so more than the price of gas. >> that's incredible. how long do you think there's going to be a shortage? is rationing going on at this stage? >> reporter: we are seeing rationing. we spoke to a propane vendor here in sully yesterday. he has been selling fuel since the 1970s. he says he hasn't seen prices jump like this since the 1990s. he actually says he's never seen shortages in this part of the country like this ever, since he

started selling fuel in the 1970s. we are seeing people short-fill tanks by about 50%. obviously the weather's having a big impact here. we also saw inventories down nationwide. that number came out earlier today. so this is an ongoing issue. >> indeed it is. keep warm out there. thank you so much. morgan brennan. i want a cap, too. why do you only get the sully cap? >> maybe she will get you one of the shirts. shout-out to my people. 814 population, jasper county. clearly salt of the earth. good people. i'm going to go out and shake everybody's hand. >> i want some of the little soaps with drury written on them. let's tie this all together. what impact are the winter storms having on gasoline prices? what you put in your car? let's get to today's pump patrol. >> the national average for a gallon of regular gasoline, $3.27 today. that's flat from yesterday. while the cold temperatures outside generally increased demand for energy, they are not

having the same impact on gas prices. aaa says bad weather tends to keep people off the roads. here on the east coast, new yorkers are paying $3.59 per gallon for regular gas. this as more wintry weather grips the tristate area. but the cheapest gas by city can be found in billings, montana, where consumers will pay $2.90 a gallon. the state average in montana is $3.02. that's today's pump patrol. back to you. still ahead, robots, coffee and angry reviews. the earnings squad will be joining us with three names to watch before the report. plus, a bonus preview, pandora. later on, the countdown is on to the sochi olympic games. richard engel will join us from russia with some of the unbelievable stuff he is seeing and just how fast he has been hacked. you will not want to miss that. [ male announcer ] legalzoom has helped start over 1 million businesses.

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♪ the further you go, the more interesting it gets. this is the pursuit of perfection. pandora reports its earnings after the bell today and the stock is up a whopping 34% so far this year. the stock price has actually doubled in the past year so whatever happened to pandora dying after apple's itunes radio

hit the market? we have a bull and a bear to duke it out. i don't mean to be rude here, but you've had a sell rating on pandora since october. how's that working out for you? that really has been a wrong call. it's incredibly gone up. >> yeah, but if as you recall, this time last year, i was on and we were recommending it around $7 when they missed earnings. we downgraded at 23 so that was a pretty decent call. our call is to take some money off the table, not necessarily to short pandora. that doesn't really make you a bear, just makes you disciplined and maybe a little smart. >> just think of the valuation or are you fundamentally worried about its performance going forward, rich? >> well, as we see new people pick up the stock, they are basically chiming in on the thesis we first came up with about a year ago. the valuation, you can build a company for $7 billion that does

what pandora is doing and dr. dre is doing just that with $250 million. ultimately, we have to balance between the price of the stock and what you can hope to make from it. we're not recommending any stock as a trade but as a long term investment. >> to paraphrase shakespeare, how do i compete against thee, let me count the ways. sp spotify, itunes radio, now beats music, you have google play, potentially amazon. how much longer can pandora continue to win against that kind of deep pocketed competition? >> i agree with you. there's a lot of competition. that's part of the bear case. if we just have two of the biggest bullets, if you will, apple and mobile spotify thrown at pandora and they dodged the bullet. active users went down in the month of october but rebounded quite nicely in november and december. i also want to say the main point on pandora for me is that their mobile monetization is so

low. there is so much upside. they are getting $35 in mobile. we think that goes to $50 to $60 in two to three years. >> that is because of autos? pandora is now being installed when you buy new cars, it's there. >> auto is part of the bull thesis but the key point is that terrestrial radio has four to 16 minutes per hour of ad time. with pandora, it's a fraction of that. we see it going from a minute or two to five to six minutes over the next three years and still going to be less than terrestrial radio. that will, in our opinion, increase the mobile rpm from $35 to $60 over three years. >> guys, it was a good debate. unfortunately, we are a little tight because of the weather. we will get you back on. thank you. get home safe. green mountain, yelp and i robot release results after the bell. let's get to the earnings squad. welcome to the earnings

squad. i'm melissa lee. joining me, cnbc m ddominic chud sheila dharmarajan. the company missing estimates three of the last four quarters. what are we expecting this time around from yelp? >> a loss of two cents a share, no surprise there. they are trying to get their feet under them. revenues $67 million. it implies trades at 14 to 17 times sales depending how you pan those things out over the year. what it comes down to for yelp is its mobile user rates. you talked about that with pandora. everybody else who has a mobile app, that will be huge. also, what the reviews are going by. that's something people watch as well. this is always a volatile stock, like you said. this time around, the options market is pricing in what could be a plus or minus 14% move on the shares after this number comes out. that's something you got to watch as you go into an after bell, after market situation. >> it does seem a lot of analysts are positive going into the quarter. given some of the data we got in the fourth quarter when it comes to minutes as well as engagement, in other words, and users. >> a lot of that is driven by

the local business. they trying to boost that particular part of their business, trying to get local advertisers and to basically spend more and get more of that local feel for each market. >> let's talk about i-robot scheduled to report fourth quarter earnings later today. this is another high-flying stock. we are looking for mid to high teen revenue growth forecasts for the year. that's what the ceo told me on "fast money" a month ago. that is exactly what we're looking for. also guidance on their new 800 series of robots. are people actually buying it and what are the margins like? also we want to hear about penetration in china, a new market, and how europe is doing, because i-robot, rumbas, are big sellers in europe, particularly spain. >> seriously? >> seriously. >> do you guys have one? >> i do. >> i do not. i bought one for my brother for christmas. maybe holiday sales could be a good thing. >> 90% are the home robots, 10% security. if they can monetize health care, that's another big growth area for i-robot.

this should be a big mover. and green mountain, that's never a dull order. you're watching that one. >> never a volatile stock. here are the headline numbers. 90 cents for profits, $1.4 billion for revenues. basically three things we are looking for. first, the macro holiday season. we heard from so many companies what a lack luster holiday season it was, spending was down. that will have a big impact so everyone wants to see what the holiday numbers are. number two, we talked a ton about the patent expiration when it comes to k-cups. what are the results? are we seeing price erosion, more and more share of unlicensed k-cups? this quarter will be key for that and you got to talk about the 2.0, the fancy new machine they launched. it only hits the stores in fall. basically the equivalent of an upgrade cycle for your coffee maker. apparently the 2.0 will actually scan each of the k-cups so it knows whether it's tea, a dark roast or latte, and it will brew it accordingly. >> a smart brewer.

>> i go the traditional way. i brew it in a pot. >> the mr. coffee. that does it for today. we'll be back tomorrow morning. be sure to catch more "fast money" tonight because twitter's first ever earnings report as a publicly traded company. that conference call gets under way at 5:00. we have an analyst in-house plus traders live. back to you. >> thank you very much. still ahead, quite possibly the nerdiest street talk we have ever done. hard to believe. >> that's saying a lot. then the botox boom. has it finally cooled off? we will talk botox and butts. cigarette butts. stick around. age your money. that's not much, you think age your money. except it's 2 percent every year. go to e*trade and find out how much our advice and guidance costs. spoiler alert. it's low. it's guidance on your terms not ours. e*trade. less for us, more for you.

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street talk time. the daily rundown of stock stories you might have missed. first up, we have sales force.com. it's moving higher. >> 1.4% gain. ubs talking up the company today. this followed channel checks. they think end of year strength will continue into this quarter. their target remains $66, about 8% upside to the current price. >> tableau software is soaring today, 13% to the upside. >> probably one of the, if not the biggest winner of the day. huge earnings beat. goldman sachs raising their

target to $115. stock's at 90 bucks, folks. you do the math. this stock is already up nearly 200% over the last year. i dug through the filings. prudential financial affiliate jemison associates now showing a 9% stake in tableau software in an s.e.c. filing today. >> mkm partners helping the stock a little bit. they think the pull-back is overdone. down about 12% year-to-date so mkm is defending their target, 130, about 16% upside. >> next up, an outperform. >> a valuation call, they raised their target to 70 from 59. that's about 22% upside to the current price from pcar. >> just a moment ago we had a flash preview of what merck was up to. let's take another look. merck is -- oh, okay. call it flat with a downside despite fourth quarter earnings.

it was higher. that's despite fourth quarter earnings falling. >> here's why the stock was higher. maybe merck's turnaround in the last two hours or so should be a story unto itself. what the market liked despite the drop in earnings was the outlook and the prediction they would return to profit growth next year. they also entered three separate drug collaborations for a cancer treatment. merck already has been one of the best big cap stocks this year. it's up about 7%. merck has been hot but maybe the market expected a little more. who knows. meantime, botox maker allergan out with fourth quarter earnings today. revenue rose more than 14%. the question the market has is, can the company sustain double digit revenue growth this year. let's bring in david pyatt, chairman and ceo. thank you very much for joining us. strong earnings across the board, facial aesthetics, botox. there's no delicate way to put this. i will throw it out there. what's going on with the breast business? that has been the laggard. that seems to be holding you back a little.

>> it's a relatively small part of the overall portfolio. as you correctly noted, sales worldwide down 2%. however, this is really due to the fact that we as a management team decided to go direct versus distribution in mexico and colombia so we pulled down the inventories before do you that. if you add those back, the underlying growth is about 10%. that one's fine, too. >> if it is only 5% of your business, we are showing our viewers a pie chart of your business breakdown, not sure you can see it but you already know it, if it's a small part and it's contracting, why not get rid of it? >> in kt ffact, it's not contrag at all. growth was about 10% in the quarter. also very importantly, we have double digit growth in the united states as we upscale our product line to the so-called anatomical implant. for our customers, they really

appreciated that we have a full line of products for plastic surgeons, everything from botox, juviderm, voluma, our most recent product and the shaped anatomical implant. it's an integral part of our strategy in business. >> just reading your commentary about the challenges going forward with your company, generic generics is one of the things that pops up. i want to ask about the patent challenge for restasis coming up. is this something that you see as shaking out in your favor? >> well, until you finally won victory, i never relax. but certainly, when we notified the market that they had filed a notification to us, that very quickly led to a response by that company having to state that in fact, the generics division of fda rejected their file. what's behind that, i can't

know. but for the moment, that certainly looks like a major delay. i think when one looks at all of the outsiders, most of them are now getting to the point that probably in the worst case, you're looking at a generic of restasis in probably 2017. latest patents we filed, we just got the last one issued yesterday. we now have three new patents and they all go out to 2024. as you can note from our numbers, restasis is growing in leaps and bounds. enormous growth. >> so is your stock, up 187% over five years, 60% over three years. david, thank you very much for spending a little time with us here on "street signs." do appreciate it. >> thank you. just how bad is the hacking situation in sochi, russia? richard engel of nbc news will join us with his incredible story about it already. also, cvs is snuffing out sales of all tobacco products.

it sounds altruistic but will investors be on board? first, what's ahead on "the closing bell"? >> twitters shares up more than 150% since its ipo. should you be buying or selling that stock ahead of its first quarterly earnings report as a public company? we'll have both sides of that trade and twitter reports. we'll have the numbers. they're not the only one. we have instant analysis on numbers from disney, pandora and yelp tonight and disney's chair and ceo will break down his company's results in a first on cnbc interview. always look forward to talking to him about that. look forward to seeing you in about 20 minutes. you make a great team. it's been that way since the day you met. but your erectile dysfunction - it could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph like needing to go frequently or urgently.

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caterpillar really the only two significant gainers this year on the dow. >> go figure. the country's largest drugstore chain, cvs, trading lower today not by a huge amount but just by about 1%. there is some news that it will stop selling all tobacco products come this fall. nbc's tom costello broke the news this morning. what exactly is the motivation here, tom? >> good afternoon. two things. first of all, i think a lot of people have been pressuring the pharmaceutical retailers for a long time saying listen, it is antithetical for you to be operating in the health care space, trying to help people improve their health and at the same time selling tobacco products. they have been hearing it for years. they have had their own pharmacists association on their backs about this. the ama, the american heart association, lung association, you name it. they are all on them about this. second of all, they have really been attempting at cvs to migrate more into an aggressive posture in the health care sector.

they don't want to just be a pharmacy. they want to have a bigger footprint at their clinics. they want to be an extension of your doctor's office or the hospital and they might even be interested in, they are interested in being the first stop for you if you've got the earache or sore throat or whatever. don't go to the doctor's office, come to us, we will take care of you, so as they migrate aggressively into that position, they really realized we can't be selling tobacco products because that's one of the deadly sins and is causing us all these problems. they will lose $1.5 billion in sales on the cigarette, on the tobacco issues as well, another half billion on other products people buy when they go into the store so $2 billion in total, about 1.5%, 2% or so of total revenue. most experts believe they will make up a lot of that in good will and they may be setting, this is important here, they may be setting the example that other pharmaceutical retailers feel like they have got to follow in order to be viewed as

a legitimate player in that space, the health care space. so walgreens today has already said it's reexamining and looking at its tobacco products and trying to balance out what the needs and the desires are of their customers. i think you will hear it from other companies as well. >> that is of course the big question, whether others will follow. thank you very much for the report. >> my pleasure. the company is being cheered by anti-smoking advocates but its a good move for the stock? let's talk numbers. steven, first to you. the stock's down about 8% this year. but it's been in an uptrend for nearly five years. do you believe from a technical perspective the run in cvs, smoking or no, is over? >> the charts look like there could be additional downside risk in the near term. the reason we think that is because at the end of december there was a very sharp rise in the stock. but that was quickly reversed to start january. generally when we see a stock move up sharply and start to

come back in, we like to see buyers come back at lower prices, the reason being if they liked it at higher price, they would like it cheaper. we didn't see that. that tells us a couple things. there was either buying exhaustion which means everyone that wants to own the stock, does. or that could own the stock, does. and there are just no more buyers left. the other is that expectations have changed, that they are deteriorating and the valuation of the company is actually declining. we think that's what this chart is telling us about cvs right now. >> indeed, steve, jim cramer said it's a nice move but bad for profit. what do you think? >> it's too small a percentage of revenue, although i'm a little dismayed, i don't know where i'm going to get my lemon flavored skoll now. it's a strong move for the company if for no other reason than the p.r. aspect. the fact we are talking about it right now, that kind of earned media coverage and good will i think is significant. more importantly, long term, it's consistent with its move. tom costello was correct, with its move to be a bigger health

care provider. selling tobacco is yesterday's business. the future in an aging society is health care. i think cvs is positioned exactly correctly for that kind of aging demographic society. >> i always picture you as more of a kodiak guy. lemon flavored. good grief. guys, thank you both very much. be sure to check out the online edition of talking numbers in partnership with yahoo! finance. you can head there straight away, don't waste any time. >> no, no, wait until the show's over. >> wait until the show's over at 3:00 p.m. eastern on the dot. >> wait until "closing bell's" over. >> 5:00 p.m. eastern. >> ""fast money."" >> at midnight when there's nothing worth watching, head to the website. next, we head to sochi, russia. remember these? klondike 556? >> that was my phone. >> why i will probably have to use this phone when we go to russia. that's coming up with richard engel. [ male announcer ] once, there was a man

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the countdown to sochi just

two days away. opening ceremonies in sochi, russia, for the winter olympics on nbc are on friday. joining us now is a man who has been there for already a couple of weeks. richard engel needs to introduction. richard, it's a real pleasure to have you on the show. thank you very much for joining us. before we get to the internet stuff and your fascinating report with nbc news last night, i want to ask, you have been to some of the most hard scrabble, hard core places in the world, so i'm not going to insult you and suggest you're in a bunker somewhere, but we are seeing a lot of pictures and everything. how bad is it right now in sochi, russia? >> it feels like a convention center really. it doesn't feel threatening in any way. it just feels like you are in a theme park or a convention center. there is a real problem with the hotels. this was all being built in the last minute. a lot of the facilities weren't tested properly. when i first moved into the hotel where i'm staying, everything wasn't working properly. the water wasn't working at all for the first couple days. now, they're ironing out the

kinks. other hotels, particularly in the mountain cluster, are really quite a bit behind schedule. it is embarrassing and a lot of sports journalists as you know, they like to be treated well. they like to be fed and pampered. i think that is an old rule in sports journalism, that, i guess, that memo wasn't passed around here in sochi. >> i guess as long as you got water, a roof, and toilet paper everything ultimately is probably going to be okay. i know you can't see me but i'm holding up like a 1999 flip phone, the kind we used to use to look cool. you basically open up an ifipad you're packed within minutes. is this the technology you will have to use because of the fear of cyber hacking? >> well, the reality is here according to many experts we've spoken to and u.s. officials that you are going to be watched and monitored both from the government and -- which by the way has passed a law saying that it is going to be collecting metadata from journalists, from

athletes, from coaches, and also conducting regular surveillance from drones and electronic receives dropping. then there is the cyber crime side, the hackers, the organized crime, who are very aggressive in russia. they're aggressive all over the world, but we found out how efficient they are in this country. we took -- and we did a little bit of an experiment. we took two brand new computers, a mac and a pc, and one smartphone, an android phone, and we plugged them in or connected them to the wireless internet and within minutes hackers were snooping around, checking out the phones, checking out the devices, trying to see how protected they were, and in 24 hours all three devices were compromised. >> i will just use the colon and the smiley face, a happy face love when you see you in a week in sochi, russia, from this bad boy. richard engel, thank you very much. be safe. great stuff. >> and, of course, you're going to be there, heading off in just

a few days time and you're going to be doing "street signs" there. >> i hope. >> it's so difficult to do any work without a computer and without a phone. >> i'm looking forward to it, going back to the future so to speak. given those concerns, kind of look forward to it. if you want to reach me, give me a call. >> yeah. >> i'll be three times more productive, three times more efficient. >> if i make an appointment to see you, i will actually be there and i will be on time because i haven't got a device to quickly say, oh, sorry, i'm going to be like five minutes late, ten minutes late or i won't come at all. >> that's the downside of text. it's like running 20 minutes late. just because it's text messaging doesn't make it okay. you want to write back and be like, hey, i won't be here. >> when we were young we actually kept our appointments. we also walked through the snow for miles and, you know, with no shoes. >> actually we're doing that today, especially on the upper east side.

>> cnbc has learned exclusively that devry university has become the second university to condemn russia's anti-gay policies. coming up, the super rich go jack sparrow on us. that's coming next. ♪ ♪ so you can have a getaway from what you know. so you can be surprised by what you don't. get two times the points on travel and dining

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sunken shipwrecks, buried treasure, billions of dollars hidden deep under the sea. no, it's not some pirate movie. it's how some of the super rich now are choosing to spend their time. robert "no beard" frank joins us now. >> hey, brian. what's more fun than diving in the florida keys? diving and looking for a half billion dollars in spanish gold. let's take a look. >> clear! >> it's kind of a moon type of landscape. you're essentially in sort of a crater, so you're looking for very, very heavy objects that were not blown very far, they're up on the edge of the rim of the crater. >> the dive masters are using metal detectors. the other divers are on their hands and knees looking for three colors. >> gold doesn't tarnish even after 400 years of being in the ocean. the emeralds also.

three colors, black, gold, and green. >> jason and another diver find coins. >> 90 more thousand of these and we're good to go. >> guys, that black coin jason was holding up, could be worth $2,800. they believe they're close to making a next big find. we'll tell you how they did tonight on "super lives of the super rich." >> what was the starting price again for something like that, to go treasure driving? >> depends on the day. could be from $60 to $600. it's a lot of fun. and a family this summer found $300,000 worth of coins on one of the dives. >> wow. >> i am certified so i shall go. by the way, robert, thank you very much. i need to issue a correction. i was horrifically wrong about something earlier -- >> can i record this moment because this is a rare moment of you eating crow. it's so rare. >> i said how do i love thee,

let me count the ways. it was not shakespeare. it was elizabeth barrett browning. do you know who discovered that mistakes, art cashin. do you know who delivered that mistake? kelly evans. >> thanks for watching "street signs." "the closing bell" and kelly evans -- >> with kelly next. >> were you an english major? >> no. that was all art cashin but we got to make sure the poets, bill, get their due. it's very important. >> you bet. >> welcome to "the closing bell." i'm kelly evans at the new york stock exchange. >> i'm walt whitman at cnbc world headquarters. >> another favorite. >> not quite the follow through rally investors may have been looking for today, but we don't have a major sell-off either. lots of volatility this morning though. the dow was down triple digits. we have that ism services number which was better than expect.