vinaigrette. >> if you like that go with them. >> murphy won the trade. let's start with final trades. >> cisco. >> bye cog. >> pete? >> ashland. i think it's going higher. >> i like the pullback in cos o costco. >> have a great rest of the day. "power lunch" starts now. half-time is over. "power lunch" and the second half of the trading day start right now. >> thank you very much. welcome to "power lunch." one week from today, general motors ceo will head to capitol hill and face the fire and outrage over the recall crisis. today we have one of the attorneys suing general motors. his client list includes the families of 13 individuals he said died because of gm's negligence. he will tell us what his next move will be. and is sac capital steve cohen waving the white flag? there is talk of the deal. would it put him on the ban from trading list for stocks forever. we will keep monitoring that

one. and spring-schming. look at this here. i love doing this stuff. you know? serious snowstorm, nor'easter heading up the northeast coast. so button up. the midwest got it yesterday. this video from kansas city out there. the forecast is seven minutes away for the eastern seaboard. but first to sue at the nyse. >> right now it's sunny and a little bit brighter on wall street, but we're going to start with gm's mounting problems. one week before the big hearing in washington, ceo mary barra will be on the hot seat as tyler said. the stock is down more than 7% in the last three weeks. today it's down almost another 2%. phil lebeau live in chicago, he will bring us one of the attorneys suing gm in a moment. first, phil, a rundown of the company's problems as they stand. >> and they continue to mound, sue. the latest is a call saying the gm owners of the recalled vehicles, they should park them

immediately. in fact, the attorney has filed a motion in federal court asking to issue a park it now alert for the recalled cars. that in junction was filed yesterday. now, general motors says the recalled cars should be driven and can be driven with nothing on the key ring. that won't impact the vehicle. but look at the recall letter and this is what the attorneys cites as a concern. there is condition that your ignition switch may move out of the run position resulting in a partial loss of electrical power and turning off the engine. this risk increases if your key ring is carrying added weight or your vehicle expeeshss rough conditions or other jarring or impact-related events. mary barra was asked just last week by reporters is it save to drive the chevy cobalt and other recalled vehicles? she said it is. to that question whether or not it's safe to drive the cobalt, she said if you have just the

ring with the key, it is safe to drive the cobalt. the technical team has done extensive analysis for me to be able to make that claim and when they came back and reported that to me, my question was, quote, would you let your wife drive that car, and they said yes. let's bring in bob hilliard who's an attorney out of corpus christi. he joins us from san antonio. he filed that request for the federal injunction for a park it now motion or alert the issue by general motors. thanks for joining us. how dangerous do you believe it is for people to still be driving these gm vehicles that have been recalled? >> i believe it to be extremely dangerous. not for just the people driving the vehicles, but for those driving the around the vehicles. the danger with these cobalts is that if you hit a pothole or like in the east where they are salting roads because of all the snowstorms and the ice and the roads become extremely rough, by

their own admission even if you follow their instruction as to removing the extra weight from the key chain, the vehicle could go in the auxiliary mode and you lose braking, you lose power, and you lose the protection of the air bag. not just for folks in the car, but for the folks driving around that car. >> bob, what's your reaction when you hear the quote from mary barra last week she says she asked the technical team would you feel safe driving this car and they said yes. so therefore she says these are safe vehicles to be drifb while waiting for repair. what's your reaction to that quote? >> well, i'll give you the reaction of the parents who have lost young young adult children as a result of the defect being concealed for so long and that is outrage. it's just flatout not accurate, it's not true. and all you have to do is show them their own document. if they're telling their customers if you hit a bump in

the road this could happen even if you follow the instruction on the key chain, you know, there's not anyone i know that would put a family member in it at all. >> last question -- >> and -- >> go ahead. >> i'm sorry? yeah, i was going to say, you know, my adult daughter is driving home from law school and a cobalt loses control and drifts into a lane and hits her head on, then the anger becomes personal. but right now there's 1.5 million vehicles on american roads. then there's probably three or four or five vehicles around each one of those vehicles. we've asked a federal judge to immediately order them to issue a park it now alert until they get to the bottom of what the defect actually is and can it be fixed. >> bob hilliard joining us from san antonio, texas. there you have it, sue. he has filed that request for a federal injunction. we'll see how quickly the judge responds to that request and

whether the owners truly do have to park them immediately while they wait for repairs. back to you. >> absolutely, phil. please keep us posted. i know you'll follow the story closely. breaking news now in the bond market. the two-year note option up for sale. how'd it do, rick santelli? >> it didn't do badly considering how many yields they've had of late. c-plus is the grade. the yield as auction, .469. the bid to cover a 3.20 was a little light on auction average. $3.30 normally instead of $3.20. we have one good number here since 2011 direct to 21.5, very average. 35% of this auction was taken by dealers. so c-plus. it priced pretty well. everything about it was fairly average. and tomorrow, of course, 35

billion five-year notes. and tomorrow is going to be a key auction. that's the part of the yield curve that really played havoc with the street after the fed statement. s sue, tyler, back to you. >> let's run back to a couple of numbers. the dow right now a little bit higher by about 78 points at 16355. nasdaq off just a smidge. s&p 500 higher by five, about a quarter percent. russell is down a bit. 1,176. the ten-year note at 2.72%. we'll get to him in just a moment, but first to sheila. this is the main atf that tracks the biotech sector. and as you probably know if you've been watching cnbc the past few days, stocks down 12% in the last month. much of that slide in just the past couple of days. sheila, is it getting close to

being the time to tiptoe back in? >> well, we are seeing folks getting back into biotech this morning. the biotech index right now slightly in the green. and analysts are given reasons to stick with the sector. they know on average that the group trades at 16 times forward p.e. that's for sales and profit growth of 24%. a combination is an absolute buying opportunity. number two, drug launches which are really the life blood of the industry are going well. jpmorgan notes that these drug launches have exceeded expectations. so companies with the strong pipelines could continue to do well. and finally you can't forget about that macropicture. the aging baby boomer not going away. a ready market for all of those drugs in the pipeline. now, having said all of that, all the positives about the biotech sector, analysts are becoming more selective when it

comes to what companies they like. they are preferring the large caps versus the smaller volatile companies. and the recent sell did bring to light when investing in biotech. for example, drugs that cost up to $1,000 a day for treatment is one of those issues in pricing. and it's becoming more controversial. analysts say this could be a bigger risk for bioteches in the future. but for now we see a nice buying opportunity. >> thank you very much. momentum. the people at websters define it as force of speed of movement. i am known as speed and movement. >> and you are a force to be reckoned with. >> force and speed expressing the motion of a body. this is a body or system. >> and a system. >> dominic choo on momentum stocks. >> all right. here's what it comes down to. bcig's chief strategist says the stocks range from the style of growth versus value. which one are you? momentum stocks are pretty much

exclusively growth stocks. that is to say stocks that traders and investors will pay higher premiums for because of the promise that financial results will eventually some day match and justify those big valuations. they're never really value stocks. momentum, not value. when the stock goes up too far in price, value investors will refuse to pay that high price. it's that simple. now, graywolf's technical analyst puts it even simpler. it just boils down to a change in price over a change in a certain time period. he says the greater the price change up or down, the higher the momentum. for instance, you take keurig green mountain company, they're off 15%. they've dropped that far from their recent highs as momentum shifted to the downside. then look at pandora. 190% upside last year. 18% so far this year. but it's 22% below its recent

high. then there is electric car maker tesla. the momentum of momentum stocks here. it gained 334% last year, up 46% again this year. it's now off 17% from the recent highs. the risk with momentum stocks is they turn. and when they do, the movements can come fast and with force. but if you believe the upside continues for these trends, some traders use this kind of weakness as a buying opportunity. so with momentum stocks, there's a lot of risk there and a lot of it has to do with how fast and how forceful any move up or down can be. >> watch the momentum now, dom, as i move this way over here. fast and forcefully, ladies and gentlemen. coming over to my friend michelle caruso-cabrera. another big story we're following today is brazil. the shares are down 20% in a year. up 5% in a week. but this is a country with

troubles. s&p has just cut the rating to triple b-minus. tell us the story. >> it happened last night after the bell and yet the stock market there is acting just fine. what's important about this downgrade, they did two notches. that's a big move for a ratings agency. one level above junk. this country was much heralded when it finally realized investment grade status. why? this is one of my favorite phrases they love to use. fiscal slippage. >> that's nice. >> that means they're spending too much money. subdued growth. in other words, the economy isn't growing like it used to. and then the october presidential election means you can't do anything about the other two before then. this is the brazilian stock market for 20 years. remember those times? holy smokes. look at the last two years. and you can see tale of two

markets. brazilian market down 26% while the dow is up by 25%. they've got a lot of troubles in that economy. they've got structural and current account deficit. and this is a headline from march 18th. we'll show it to you in english. >> that tells it all to me. >> the arena that opens the world cup is going to be delivered unfinished to fifa. they're not going to be done. they're having so many issues with getting all the world cup stuff done. >> and then the olympics coming two years later. these are expensive -- that was the collapse. >> this is the collapse, exactly. there's been all kinds of issues there. it's in a country that really wanted to emerge as a world class economic leader. it's struggle to do that. the tide is going out when it comes to commodity prices and also cheap money because of it going away. >> those two things, double barrel problems. >> absolutely. >> thank you. great to see you. let's go back to mr. momentum

for market flash. >> all right. check out shares of tenneco. authorities in the u.s. and europe have requested information as part of a global investigation regarding automotive suppliers in an anti-trust investigation. you can see those shares down to about 2.5%. back over to you. >> thank you very much. steve cohen may be looking for a deal. why would he do that? well, to keep off the s.e.c.'s ban for life list. kate kelly has been working that story for us today. >> hey, sue. eight months after the s.e.c. failed to -- at his own firm, steve cohen may settle with s.e.c. regulators. a fine and other penalties will almost certainly be involved. but a central focus for cohen is the length and nature of a proposed ban on his role in the securities industry. last summer an s.e.c. investor

said they'd -- something he's recently stopped doing anyway. the question now is how long would that prohibition go and whether a broader band on trading or managing his own staff could be in the works. if cohen were banned, he'd follow a long line of wall street players to face a sanction. names like michael milliken, henry blodget and grubman. martha stewart who was unable to be an officer or director of her own company after her perjury conviction and more recently phil falcone who was banned for five years after admitting to improper use of investor money. context is key though. a ban of a few years could be workable for cohen who is turning his hedge fund into a private money manager. he's likely to manage money some time in the future or wants to from what i'm told. and a settlement could be the

first step to doing so. many of the banned individual i mentioned enjoy second e access. milken has went back into work investing in the toy company leapfrog. stewart is now chairman of her own company. and falcone manages harbinger group. >> very interesting stories. all five of those folks and cohen on that list as well. we'll see what happens there. kate kelly, thanks. all right. the calendar says it's march 25th, the fifth day of spring. mother nature doesn't seem to care. more snow coming and here comes the weather channel's tom nizol. >> a nor'easter will work its way over the coast in the next 24 hours. we're going to move this forward

in time here. the central pressure of this system drops very quickly as much as 46 millibars in a 24-hour period of time. that tightens the storm up like a coiled spring to produce really strong winds along coastal new england and snowfall as well. let's take a quick look here early on. we're looking at snowfall as much as 3 to 5 inches in and around washington, d.c. portions of southern delaware in this area could see 5 to 8 inches. then we transfer this system up coastal new england. a big change of snowfall. boston about 3 to 5 but out to the cape about as much as a foot to a foot and a half. the same totals up to 12 inches here in down east maine. and that's going to combine with strong winds here as we go throughout the night into the early days of wednesday morning. take early times on wednesday morning. 42 mile-an-hour wind gusts here. and they're going to go over 50 miles an hour in places like nantucket, well over 30 miles an hour in boston throughout this time frame. this is going to be a major

coastal storm. it's going to clip new england with snow and wind. we'll send it back to you. >> all right. we'll hunker down. thank you, tom. coming up, gm's problem solving playbook. $13 billion for execs at coke. and does competition make you better at work? and redskins owner's past to native americans. we'll run through all of those issues after a quick break. er a.

welcome back to "power lunch." check out shares of carnival cruise lines. the crew operator is sinking after saying it may lose money this year. and it was forced to decrease prices to attract passengers. that stock is currently down about 5% towards session lows. back over to you. >> thank you very much. time for the power rundown. joining us this hour is the star of cnbc's "the profit" marcus. >> good so see you. >> let's start with general motors. how does gm get back in the fast lane? 16% say more transparency. 8% say massive settlements. 38% say a full corporate overhaul, and 38% say it's just a setback, they'll be okay. but how would you rate their handling of this so far? >> i think mary is doing a great job with how she's handling it.

she's trying to take ownership of it. the question i have with these settlements is how is general motors going to take a non-cash charge now and eventually pay out a settlement when in their bankruptcy filing they expunged all responsibility that existed before. i'm not sure how that's going to get handled. they'll be fine. toyota survived. they'll survive as well. >> let's move to coca-cola which sent out its annual report this month. one shareholder was not happy about it this month. david winters says coke planned to give $13 billion of stock to its senior managers over the next year is not a good idea. they say they do not reflect the facts. there you see coca-cola shares. higher today but over one year down 3.5% in what has been a rising market. what do we think of this? >> there's a number of issues. the first is we want to make

sure people are paid properly. we don't want it to get out of whack. this feels out of whack. what i don't know is how much of their compensation is in cash, how much of their compensation is in stock, and how performance-based is this? do they only get a couple hundred thousand if they're flat? number still sounds big to me. you and i will fill out or applications. >> all right. speaking of competition, eagles quarterback michael vick signing with the jets. geno smith is the jets qb, but there's a chance vick could bump him. do you think putting pressure on a coworker or a leader makes them work harder? i mean, do you think this is a good strategy or not? >> i always think it's a good strategy to have healthy competition. what you don't want to have is the owner of a business undermining the person's authority. when you're bringing somebody else in behind them, you have to be clear about what your intent is. and i'm a little concerned that this doesn't smell that great to me. >> and they had this kind of experience when they brought in tim tebow a couple years ago.

>> that didn't work so well. >> the quarterback at that time who is now apparently in talks to go to the eagles was certainly undercut by that. sticking with football today, washington redskins owner dan snyder has dealt with a lot of flack about the team name. but now snyder has announced a creation of the original americans foundation which he says will aim to tackle the troubling reality facing so many tribes across our country. the oneida nation said we're glad after a decade of owning the washington team, mr. snyder is finally interested in native american heritage and we're hopeful when his team finally stands on the right side of history and changing its name, he will honor the commitments to native americans that he is making. i, marcus, am a life-long washington redskin fan. i believe inevitably he should have to change the name. >> at marquette university we

changed our name from warriors back in 1991 to golden issues. we had the same issues. it's fun to celebrate the history but right now it's time to do what's right. the name needs to change. and i'm not budging about it. >> and there are precedents for this obviously. the red storm at st. john's, the stanford cardinal. they had other names. and in washington also the owner of the former washington bullets changed the name to the current wizards. they're anything but wizards, but because he was so concerned about the street violence in that city at that time. >> why not look at it differently as a business change. how much merchandise could be sold if you changed it. how many new things could be sold. i think he's putting his heels on the ground because he feels like he has to. i'd look at it from a business standpoint. >> thanks very much. see you back later. >> see you later. >> yeah. we're going to talk about the show in a little bit. first, though, a big year of ipos, but is it a positive sign for the market or is it a reason

to worry? that straight ahead. and morgan brennan with the fish in california. hi, morgan. >> hi. yes, we're in california where the salmon are making an unexpected journey via tanker truck. we'll have more on that after the break. we know we're not the center of your life, but we'll do our best to help you connect to what is.

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navistar is losing ground after the stock is switched to neutral saying it will take longer than expected for the company to return to profitability. it's down 3.5% in trading. but paccar is gaining ground from a buy to a neutral and raised its target to fundamentals and valuations. those up 1.5%. over to you. >> paccar, we go there now. because the search is expanding in the deadly slide. more than 175 people are still listed as missing. rescue crews are working around the clock over the muddy mile wide debris field. millions and millions of tons of

earth slid down that mountain. the houston ship channel is open again today to limited barge traffic after being shut for about three days after an ole spill. coast guard commander in charge of the still ongoing cleanup calls the spill significant. sue? >> all right, ty. the metals markets getting ready to close. let's see how gold is doing today. now it's basically flat on the session. copper is trying to stage a rebound. up almost 2% on the trading session. and stocks have been all over the board this week. are we range bound? that's what kenny wrote about. he's with us as is bob pisani. so you think we're stuck for now, right? >> i think we're stuck in the middle. as we've seen it for the mast month and a half we keep bouncing off the lows and hitting our heads on highs. and the market doesn't like to do it at the moment. >> what's going to break et it of the range? >> i think at the start of the next quarter which is only next

week, i think they're holding it here because of the end of the quarter. when april comes there's this realization. you're going to start talking about earnings and more data. is the fed going to continue to withdraw. if they do, what does that mean for rates? if the markets start to sell off, it's because the pmi number came out. people were saying the rates would go up in 2014 rather than the mid-2015. >> what you want to look for is the market leadership. i don't mean biotech. chinese internet stocks. if there's a slowing growth in china, they've had a tough month. many of them down double digits. cloud computing stocks. recent ipos, they've had a tough month. they're coming off highs. so i see a little bit of signs of concern here. but i don't see any overall market meltdown. but if you're a real market guy, the market leadership when that starts to weaken a little bit

that's an early warning sign. >> i be no means thinks there's going to be a meltdown. some people are calling for 15%, 20%. i don't see that at all. but down to the 200-day which is only a 5% correction. one issue out there is the april 15th tax deadline. you sell the biggest gains to pay those taxes. there may be influence here, we just can't quantify it. >> but something to watch for. >> i think it will have marginal impact. >> all right. thank you very much. up to you. >> the last few weeks have been filled with ipos. so is that a positive or a negative for the market? seema mody on why investors should be cautious when investing in this. >> tyler, the first red flag to look for according to experts is the strong performance of some recent ipos despite the companies being unprofitable at the time of their ipo announcement. s&p capital iq says introwest resorts, and castlight health

fit into this. second the recent volatility in the biotech category. now, the 54 companies that have gone public this year, only 13 are trading below their offer price and seven of those are from the biotech and pharma space. lastly it's the huge opening returns of tech ipos have made some investors nervous. while seeing a 22% first-day drop. tech ipos have been averages a pop. experts say be cautious. names that have moved up so fast have farther room to fall. >> well, that is always the case with those ipos. sexy at the start, but they can catch you. seema, thank you. all right, sue, down to you. >> let's go to chicago, because rick santelli is back in the aftermarket to talk about that two-year note auction and how things are going right now.

ricky? >> yeah, two-year note auction wasn't bad. but of course it's going to be the fives that are a bigger task form. looking at fives, yes the yields are up a bit. but if you look at the other end of the curve, we see the real movement. and that is the reverse of flattening. it doesn't take away a lot of what occurred after the statement wednesday. if we look at what's going on with regard to foreign exchange, no chart is better than the dollar/yen. we continue to see that this is basically undecided. same kind of picture you get from 10 year and 30 year yields. they seem to be stuck below aggressive resistance. >> thank you very much. it's one of the effects of the west coast drought. starting today millions of young california salmon will be migrating to the ocean via tanker trucks. and this wild ride could affect consumers. our fish reporter morgan brennan on the river in rio vista, california. hi, morgan.

>> reporter: hi, tyler. so we're talking about chinook salmon. today the wildlife service and its partners are quite literally test driving the transport of these salmon by land via tanker truck. if all goes according to plan, we'll see these fish dumped into the river behind me into nets. some time in the next hour. an estimates 21.5 million are expected to travel like this this season. that's because the drought has caused the river system to become too shallow and too warm for these fish to safely move downstream. the 300 river miles that they have to go from the state's largest hatchery and out to the ocean. we've seen salmon trucking in the past. never close to this extent. we're talking about close to the entire california population being trucked like this. experts saying it's imperative

to the existence of the species going forward. also this has a lot of financial impacts, the success of this. first of all, in california, the salmon industry making up about $300 million to the economy annually. contributing about 3,000 jobs. also the impact this could have on consumers. we've seen globally salmon demand has been on the rise for the last couple of years. so have prices here in the u.s., we've seen them jump 44% last year over 2012. so we need to see this population survive. if we don't, we could be looking at even tighter supplies for years to come. this whole thing, of course, giving new meaning to the phrase a fish out of water. back to you. >> it certainly does. thank you so much, morgan. appreciate it. cnbc's million dollar homes, it's back. a special march madness edition coming up next. plus a new episode of "the profit" tonight. 10:00 eastern time on the west and east coasts right here on

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welcome back to "power lunch." so you want to be a team

retailer? it's been a tough environment. it's been another tough day for stocks. all to the downside. aeropostale down 5%. >> seven homes battling it out to see which one is best bang for your buck. all the homes today located near schools that have recently won an ncaa men's basketball tournament. here's how it works. in each show, two million-dollar homes face off and the winners go to the semifinals. and the champion will be announced in the finals on "closing bell." the teams in play in this round are the kentucky wildcats versus the connecticut huskies. we're not going to tell you who's where. we'll tell you that in just a minute. but it's dominic and aman. >> this sits on three quarters of an acre in a quiet neighborhood, but it's just five minutes away from a vibrant

downtown and the university center. >> this contemporary colonial sits on nearly 1.2 acres with 1500 feet of lake front including its own private beach. it's got decks on two levels and spectacular trout fishing right here. >> this home is built for entertaining. the kitchen has state of the art appliances and it's centrally located between the dining room, living room, and nook. >> and this is your expansive family-style kitchen in this 6,144 square foot home on three lels. you could feed an army of children here and everybody gets a lakeside view. >> the master suite of this home has easy access to an outdoor jacuzzi and a fire place you can enjoy from both in bed and in the bathtub. >> this is your master bedroom. spectacular lakeside views on both sides, a master bath, a deck over here so close to the lake you could almost fish off of it. this is just one of five

bedrooms in this house and three and a half baths. >> if you're looking to relax, this seclude back yard is made for you. the heated pool has a waterfall and the ga szebo. >> you've got air hockey, a pool bathroom, and all of it can be yours for $999,000. >>. >> dolly lynch is with us. those are both amazing houses for under a million dollars. we kind of know who's where, just tell us to be clear. >> so we know dom is in kentucky. >> dom is in kentucky. he's wearing his wildcat blue today. >> exactly. and aman is in the alternatalte. >> in connecticut. where's he out in kentucky? >> in lexington. >> and dom near where the connecticut huskies play. >> exactly. >> let's take a look here. so contrast the two markets.

lexington, kentucky, and connecticut. >> you know, it's not so much about the two markets as it is about the two very specific houses. one is a big house on a big lot with a view and needing work. taxes are nearly $20,000 a year. >> that's the kekds house. >> that's a big nut. then the other house walking distance to everything. to college, to town. taxing under $6,000 a year. and every amenity is in that house from the fire pit to the pool to the hot tub to the fire place. >> and it looks beautiful. the kitchen is gorgeous. >> sue, jump in. >> the kitchen is gorgeous. it doesn't look like it needs a lot of work. it was well staged. >> yep. and dom did the most amazing job of touring us. he did a great job. >> he did. >> would you hire dom? >> i would hire dom in a second. >> don't you dare try. >> he's ours.

>> so dolly i am thinking that the winner of this round is -- >> has to be dom. >> dom. lexington, kentucky. >> the house is spectacular, the location is good, and dom was amazing. >> the wildcats in an upset just like on saturday when they beat wichita state. >> exactly. >> the million-dollar house in lexington wins round four. moving to the semifinals. let us know if you agree. tweet us using the #milliondollarhome. catch dolly on "street signs" to see the semifinal. and then the winner in "closing bell." >> will dom make it to the end? >> he's pretty good. let's transfer a little bit here to a house that's closer to our market here. the singer billy joel -- he always seems to be trying to unload a house in the hamptons. this is a hamptons beach house. he's knocked the price down to $22.9 million. 5500 square foot house, four

beds, six baths, recording studio, piano room naturally. there is no pool or tennis court. >> it's on the beach though. >> it's on the beach. it's location, location, location. south of the highway, is that right? >> yeah. south of the highway. you walk and get stand in your toes when you walk out the door. >> how would you sell this house? >> nate berkus designed it. it is absolutely beautiful home. and i think it's one of the next houses to go. the hamptons is now coming into season. this house is going to go. it's beautiful. >> why has it not gone quicker at a higher price? >> there was issues about showing it, guests staying there, there were all kinds of issues. i think this is one of the next houses to go. >> does he have another house out there? >> yeah. >> he has another house. and he's doing all the concerts -- he's going to own madison square garden. see you next hour. >> thank you. >> sue? >> thanks, guys. a new episode of "the profit"

airs tonight at 10:00 p.m. and the profit himself joins us here on "power lunch" for a sneak peek coming up next. ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive the market. ♪ all on thinkorswim from td ameritrade.

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as over 60,000 trees. that's a trend we can all get behind. all right. a good day for the airlines. spirit airlines is leading the way. crt capital research is beginning coverage with delta. american, southwest, united all in the green today as well. now out of a you have to sheila at the nasdaq. >> it's been up and down. now we are back slightly in the green right now up .4%. biotech is now in the green but earlier saw mixed results. also want to mention microsoft and google. interesting names over the past week. microsoft was up, then google down. something to keep an eye on. >> thanks very much. there's an all-new episode of

"the profit" tonight on cnbc. let's show you inside a company called skulduggerry. >> we gave all the information they need. by now they should have something really great. >> you know, we haven't even had time to sit down and brainstorm it. we need to sit down -- >> steve, all i asked for was some ideas. the guy told us what he wanted to focus on. where are the story boards, the sketches, or something? >> i'm not a drawer. i can't draw. >> i know you're not an artist and you're not out there bending the plastic or whatever, but you literally have nothing. you didn't reach out to me one time about that saying i'm stuck, i don't know what to do here. i don't know what to say. i haven't asked you for anything. i just don't think you want to do it. >> if you can come up with a good idea, i would love to do it. >> why do i have to come up with the yed? >> because you're part of the

company. >> i'm a minority shareholder. i feel like you said [ bleep ] you i'm not going to do it. what are you prevented from doing that you want to do? >> let's say i did want to pay myself $600,000? >> i'd say you can't. and i'm not going to budge on that. and i'm not going to budge on the debt. i'm not going to budge on the executive salaries. my motive is if the company makes money, i don't want it to turn from profits to salary and bonus and i have no control over it. and as a 30% owner i don't want to wake up one day and find out all the money is gone. >> a little bit hard to take. >> i think at the end of the day if i'm just reading between the lines, honest to god, you just don't want to have a partner. what you guys don't like is that you have to talk to somebody about it. >> we don't like the fact that you can say no. >> you're asking me to throw a million dollars in and be subjected to whatever thing you decide and have nothing to say, go stand in the corner and shut the [ bleep ] up. that's essentially what you're telling me to do. i'm not a bank. this is not a loan.

>> i can tell you right now we're not going to hand off those deal points. no way. >> if they're not going to be ironed out, we're not going to have a deal. >> two interesting things leap out to me there. saying i'm not a bank. i'm an equity partner here. >> and active equity partner. >> i bet a lot of business owners don't get that. >> i think most people just want capital. the minute they have a check, they have amnesia. they forgot there's a process we want to put in place. they have a million dollars of debt, they're losing money every year. i just don't get it. >> and the other thing i notice, and it's an arc in all these stories is there's something that paralyzes business owners even when they know what they ought to do for some reason they hold back and don't do it. >> control. they don't want to give up control. we see it in the board rooms of the biggest companies in america. it's always about control. >> marcus, 10:00 eastern and western time right here on cnbc.

"the profit" you don't want to miss it. another possible successor to jpmorgan's jamie dimon bows out of the picture. story straight ahead. plus what is the real health of the american consumer? walmart is giving disturbing views. the dow is up 120 points. dow is. ♪ [ male announcer ] a car that is able to see, to calculate, to think -- and can respond to what it encounters. ♪ even if that means completely stopping itself. it's the stuff of science fiction... minus the fiction. the 2014 e-class. see your authorized dealer for exceptional offers through mercedes-benz financial services.

we're almost at the highs of the trading day. s&p 500 is stronger and the nasdaq solidly in the green too. meantime, jpmorgan losing another successor to jamie dimon. michael cavanaugh heading to carlisle group which named him co-chief operating officer. walmart warning about what impact changes in the government's food stamp program is having on its business. it's the first time walmart has admitted to its reliance on tax-payer funded food stamps. walgreens missing earnings estimates. but the stock is higher today because they expect a bigger than expected boost this year from its partnership with the retailer alliance. three big etf traders today. but first let's see what's up next on "street signs."

>> hey, there. it's an epic tug of war going on right now between those that think the next leg is going to be down for the markets and those that say no. we'll have both sides of the debate. and the brazil got the downgrade. and taking netflix on? we're going to talk about the pros and cons of that particular idea. and lots more, guys. make sure you join us top of the hour which is only in couple minutes' time. we'll be back after this break with "power lunch" once again. latte or au lait?

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know better sleep with sleep number. all right. so in tennessee the senate sponsor of an effort to rewrite the legal definition of tennessee whiskey has withdrawn this measure. the bill had pitted two global liquor giants against one another under a law enacted at the behest of jack daniels last year. spirits must be charcoal filtered and stored in unused oak barrels to say they're tennessee whiskey on their labels. some smaller including george di dickel called it too restrictive. sue, back to you. >> that's an interesting story, dom. as always, thanks. let's take a look at ibm.

because that stock is up about 3.5%. or almost $7 a share. three etf winners right now. vector oil services and the international real estate. that does it, right? >> that's it. that's all for "power lunch." "street signs" begins now. signs. it is survivor market style. only one can win, brian. the bull or the bear. the question is who will it be? hello, everyone. welcome to "street signs." brian is going to lay out his thesis for crisis investing. candidate, brazil. should apple save itself a pile of trouble and buy netflix? and who said it isn't a man's world? we've got man sessions and man-gria now? >> no we don't. we're going to