>> thank you. i will go with epb, which is el paso, a play i would go with right here. >> day before taxes, we talked about the unusual activity. i'm going with intuit. >> that's the final trade. that does it for us. have a great rest of the day, a beautiful day, by the way. for here "power lunch" starts right now. halftime is over. "power lunch" and the second half of the trading day start right now. >> all right. thank you very much. last week the talk was all about corrections, maybe we should correct ourselves. is there a correction to be made on all that talk? today the bulls are back, but it's only monday, folks. the dow and the s&p 500, where are you? you're over here, folks, 154 points higher, about 1%, 17 points higher on the s&p. that's about 1%, and a 1% move from the nasdaq composite. we have stock watchers watching the stocks from beaten down techs to financials to industrials to emerging markets, you name it, it is the today is the day to name names.

we will also go inside the high frequently trading debate like never before. bob pisani making trades with a trace-day-old trader and hft guy. the we held the piece. it's going to air today. i'm joined by simon at the nyse. hi, simon. >> making a bit of a comeback. here's where the biotech stands right now. thus done 11%. the etf that follows, ibb down 13%. both, as you can see, every recovering today. ibb up about a percent in line with the broader market. shares of citigroup are doing really well. we're up now over 4%, this after the bank beating income expectation. net income 4.15 billion last year, up from $4 billion a year earlier. since the second week of the year, shares of citigroup have

dropped more than 11%. this is a welcome respite. the dia that tracks the dow is higher. s.p.y. that tracks the s&p 500, the qqqs that track the nasdaq 100 and iwm, which tracks the russell 2000, all higher on the session. energy stocks are also doing well. transocean, halliburton, baker hughes, all in positive territory. two of the stories. retail sales, up 1.1% for march, that is the biggest month to month gain in a year and a half. tiaa-cref. bob pisani is here to talk about both those stories. >> we needed to get a good number on retail sales. the economic data hasn't been that great recently, manufacturing services numbers

weren't that great. we need a strong number, better than consensus. we got it today, and that's one of the main reasons the stock market is up. i'll show you some sectors of the retailers moving today. general merchandise was up strong. that's everything you buy at walmart. family dollar, target, these are all the discounters. another sector doing well was the home improvement group. that will be everything you buy at a lowe's sherman williams, stanley, black & decker, all those stocks are to the up side. another sector that was strong, furnishings, including furniture, that was up 1%, so hafer, ethan allen, bassett furniture, all of them to the up side. tiaa-cref, this is a big asset management play, so we're talking about long-term value. they typically charge 1d%, that's billions of dollars that add up over many, many years, money in the bank, you see t. rowe price, legg mason,

blackrock, that's i-shares, so that's probably the number one asset manager in the united states followed by vanguard. there's janus capital. private equity not quite the same thing, but most of those, with the exception of icon, also moving to the up side. long-term money, that 1% every year from the asset managers, it adds up over time. increase the assets under management. that's the game. >> thank you, bob. we're up 147 points on the dow at the moment. let's get a market flash. >> check on the life sciences, the number one gainer. this after it won a preliminary injunction limiting the sale of rival med tronnics core valve system. a jury found it infringed on edwards patents. as for medtronics, you see that it one product in fringes, back over to you.

fears of a market correction, they were all the talk last week. gentlemen, welcome. we could be ripe for a 5% to 10% correction, maybe over the next couple weeks. you're not ready to buy. talk to me a bit about that and why you would buy financial technologies and industrials when the moment is right? >> first we have to wait for the market to actually pull in a bit. i think it's going to be, once we get through the hard earnings season, the market rarely turns on a dime here. i think that's what we're seeing a bit today. you're seeing a better economic report, a better rob out of citigroup. i think once we get through the heart of earnings season, we hearing some of the corporations talk about their guidance going

forward, then i think it will be time to buy, looking out for the rest of this year, you'll see capital expenditures starting to increase. >> so today, bob, is it just a breather in that pulling in? last week sure felt like a lot of pulling in. >> it's not going to go straight up our straight down. it's going to be a sawtooth pattern. that's ha healthy sign of a market, where you'll see these bounces along the way. i think what you're seer is short covering from that citigroup report, from that retail sales report, but once we get into the heart of earnings season, from the wall martz, the targets, you know, the starbucks of the world, the mcdonald's, where are we headed and what are the companies saying? >> barry, a healthy market or troublesome one? >> a troublesome. we see kind of a hairpin curve. we just put out a special report, lower equities and

raising bond positions. what we see primarily is the federal reserve has taken away the punch bowl. it's the elephant in the room. when we do quantitative easing, when they top a 20% annualized drop in stocks, and they're in this process. eventually investors will wake up and say, wait a minute. the punch bowl was gone. we believe you need to be more defensive and looking into sectors that are more defensive in nature. >> stocks in the energy sector apropos to that, but we knew they were taking away the punch bowl from december of last year. why has it taken four months, three months to become aware of it? >> well, it's all a matter of it settling in and people finally saying they really and truly are going to take the whole punch bowl away. we figured actual bess august, september, october when they would complete it and people would try to play it as much as

they could. in addition, there's so much money on the sidelines that's helping to hold the market up. people see the pullback, they figure it's time to jump in. they figure it's going to be more than 10%, a punch in the gut, not a slap in the face. >> a quick final thought. >> barry makes a good point. i think people will be worried about about higher interest rates, but the -- the economy is improves. we came off a weak january, federal. once we get that capital expenditur expenditures, they are done the easy rois, now they're going to have to start investing for the future. that's what's going to drive the market, the earns, new job growth for this country. that's why people should own stocks for the future. not for what happens between now and september, but between what happens from september out into '15 and '16. >> the control room likes in conversation, they just gave me

the green light. barry, the final word for 15, 20 seconds. >> long term, we're probably just fine with the market, we need a correction we had no sense of volatility. bonds are doing well, stocks have been until doldrums and we're starting toss the high momentum stocks falling off. the ipos and tech stocks falling off, but if you're in good defensive or -- we think they'll hold up just fine. be careful of momentum, but it's going to be okay. >> thank, bob, barry, we appreciate it. simon? >> hey, tyler here's good news, the nonpartisan is saying this lunchtime that the u.s. deficit will be $286 billion less than originally estimated over the neck decade. the cbo's reason, because president obama's health insurance law will cost lest than originally thought. also predicting that medicare and medicaid will not be as

expensive as originally predicted. let's get back to the markets and check the volatility index. last week a wild ride, then there's the s&p, with that big 2.5% drop. what is all this telling the technicians? the guys that study the charts? find out in two minutes. plus the list of the top-paid ceos is out for this country. fair's fair, we're also going to compare them to the top paid athletes, why so much outrage when a corporate executive makes a lot of money, but not when a third baseman or quarterback is bringing home the millions. before the break, another check on citigroup, in the wake of its results, up more than 4%. "power lunch" will be right back. back. you are feeling satisfied without standard leather. you are feeling exhilarated with front-wheel drive. you are feeling powerful with a 4-cylinder engine. [ male announcer ] open your eyes... to the 6-cylinder, 8-speed lexus gs.

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all right, folks, bouncing back from last week's sell-off. there you see it in graphic terms. s&p closing the week more than 4% off its recent high. is a correction in the cards? dom chu looking at the anatomy of a market correction shun. sheila demarajen on the nose dive. >> here's the interesting part. we want to put it in context for those viewers who want to see just what a correction looks like and how many we've had. >> this is it. the more notable ones, it is ones we remember in the

marketplace, first black monday, who can forget that day. stock markets dropped 20% in one day, a massive sell-off, about you to put it in perspective, we did bounce back just one day later. just on the next day to the 20th, between october 19th to october 20th, in one year we gained back a good amount of it, up about 20%. if you fast-forward all the way to the tech bubble, the dot-com era, everything was going great. the markets dropped 250%. they lost half their value. then if you look at the reversal, we gained 50%, so a nice move higher to the up side again. if you look at this other one here, this is going to be interesting, the financial and gained back quite a bit of that, in the wake of that recovery, march 9th, '09, an 80% gain, then a cup couple small once to

note as well whether there was another one involved. the markets dropped about 16%, we got another round of qe in november, and rebounded 33.3%, and then the most recent one. >> the budget impasse and credit downgrade. >> april to october of 2011, the stock market at least dropped about 17, 18% during that time, and again we sit just 3% or 4% off record highs again. as you look at the context, market corrections will happen, and they are opportunities on for some people. what you want to look at is whether or not these are the beginnings of larger downturns. a lot of experts say, no, maybe not so much, but if you stay tuned -- again next hour in "street signs" we'll look at some of the reasons why perhaps the market still has legs. >> these are searing experiences. >> and they shock investor confidence. >> franly that's why investors

can't get out of the markets. they can't get out of their heads, nor can i the falloffs. those really were major setback toss achieves your financial goals, and people feel, well, betrayed is too strong a word. >> when your 401(k) becomes a 200k, yeah. >> looking at whether we are at the start of a correction there or something different. sheila? >> talk about being betrayed. it's been a couple rough weeks, last week's decline was the biggest percentage loss since we have seen since 2012 on a weekly basis. we've been season some of the damage done at the tech-heavy index. if you look at where the nasdaq has been and how much it's fallen, we're down more than 8%, very close to the correction territory of a decline of 10%, about half the nasdaq 100 is officially in correction territory. and biotechs, you've got to talk

about them. they've been the market leaders. for the past seven weeks in a row biotech stocks have been down. how do you read these tea leaves? what does it mean for the future? do we see more declines on the way? i've been talking about this all morning. and a mixed picture. bulls i've been speaking to say, look, last week's decline was a rho trace-driven change. if you look at valuations, things aren't looking too stretched, and tech is a much smaller part of the overall market capitalization zerz back in 2000, but there are some reasons to be cautious. so david coasten over at goldman sachs came out with a report where he studied a lot of the stock meltdowns. according to his data, what he's found is when you see a meltdown as in the past couple weeks, typically you don't see momentum names regain leadership. they don't pop back up to the previous levels. according to his data, we could

potentially see those names fall another 3% or more in the next couple months. here is one thing that everyone agrees upon. this is going to be a big, big earnings season. yahoo!, google, ibm all coming out with earnings. that could set the tone whether we see more declines ahead, simon. >> sheila, thanks very much for that. let's get a clear call on what you should be doing, on the charges of wra the s&p has traded so far. don fitzpatrick has -- don, welcome to the program. >> good morning, or i guess it's good afternoon out there. >> the call for you is very clear, now is the time to entire the s&p. why? >> you know, there's a very clear trendline, that i'm sure you have everybody looking at the chart. this is the first time. continues to print high other lows, and i know this.

i hear everybody for the last two weeks calling for a correction. it always seems like they call it at the bottom. but as lodge as this market continues to make higher lows, i think it's something you want to buy. you can either be right or make money. i would real just make money. that means i'll is ittic with the trend anytime. you're failing to get higher highs. >> correct. >> the market isn't coming back up to the top of that trend line. so your argument is cracked slightly? >> no, no, not at all. in fact i pointed that out in my notes. the one yellow flag is that we have not yet confirmed that trend line, that resistance trend line. a lot of times folks look for the first sign of the crack in the trend as a break of support.

a lot of times you do get a failure to confirm resistance, but the thing is we can go back there and confirm that trend line. here's what i think. i think the market is going to go into consolidatation. i think it's going to be really tough in the summertime, particularly this week because of passover where volume is a bit lower. i think it will be tough for the market to continue to make new highs. there's nothing wrong with this market correcting through the summer. >> could be a long summer, though. >> thank you, nonetheless. mary thompson has the same and the big numbers it is that time of year again. >> it is that time. we'll be hearing this over the

next couple months. they run it by risen, a list that's looking at the ceos will be released later this summer. up an impressive 254% last week. honeywell's david, his total package up 56% after his firm racked up a 47% increase in total shore return. 21st simplery fox's rupert murdoch. his salary of 8.1 million is the largest among the top 100. and bob iger, the pay actually down 7% from 2012, even though the total return chose 29%.

lastly, you guessed it oracle larry ellison, whose options awards made sup most in the total pay for the year. the software company's board continuing to ignore the wishes of the shareholders who twice voted down mr. ellison's pay package with a no. so with average pay coming in unchanged at 14.6 million. of course, a lot of this rise should be expected given the big jump that we saw in the stock market in 2013. keep in mind that 56% of their pay is tied to their stock. so when you see an increase, you can see a corresponding increase in ceo pay. the bottom three on this list, interesting to note. steve balance mer with 1.2 million. warren buffett and larry page, who only earned a dollar in salary. >> yes, but don't feel badly, he is one of the founders so --

>> and also won the america's cup. >> and spent a lot of money doing that, but he earned. >> and iger had "frozen" and other hits. >> that's right. so let's look at america's super athletes. so we decided to look at the guys -- what are some top athletes? his shooting percentage is up 56.7%, the speed and power, that's why he made just under $60 million, about $18 million is salary. the rest of it is in endorsements. there he is. and highest paid basketball player. >> that's right. >> now drew brees among the highest paid football players in the nfl. he is football's second highest, i guess, leader in pass completion rates ever, and highest among act i have been-duty player, $68.6%

completion. >> i know you think tom brady should make a little more. >> when you include endorsements, he is up there, one of the top ten i think highest paid athletes. >> but what's -- i tend to think apples and oranges. in large part c oeismts have to answer to the shareholders. these people have to answer to the fans, and then of course it's usually private company that is own the athletic teams. they're the ones making the decision. it's a bit of a different dynamic. >> i think that's exactly the point. it's shareholder money being used to compensate the ceos, and there is greinke, considered a heavy amount, 28 i believe million a year, and he has a great e.r.a. of 2.63. he has a fastball of 96 miles an

hour. that's probably faster than rupert murdoch can throw one. 15-4 for the dodgers who right now are in first place in the west. so there just for comparison's sake. >> one thing i want to point out is everyone says ceo pay raises all this ire and people get angry, and true in certain cases especially when the ceo doesn't perform, but the same thing happens with an athlete. if you ever listen to talk radio, they'll be like that b makes x million a year, why are we paying him, et cetera. so the same kind of ire is also said of athletes. al bur pujols of the angels. >> alex rodriguez. >> yes, absolutely. >> the list goes on. knows more about sports than anybody i know. you know it's true. simon, down to you. are they happy? that's the question. no. in today's finance question of

the day. do you think it's right that some executives are getting paid this much, 38% say no. the salaries should be capped. 30% say it should be split with the shareholders to the point that mary way making there. 32% say, yes, they should get this much. >> it's okay if performance warrants the compensation. losing a bit of ground on the dow now. over todom chu for a market flash. >> let's talk shareholder friendly. j.m. smucker's after the company said it would raise the stock repurchase plan by 5 million shares, the company also declares a 58% different. and for the year, though, the stock is down about 5%. j.m. seismicer. the heated debate about high trading rages on. that's trader joe zikaman, and the high frequently trader. bob pisani had joe place several

trades as we thinked to convince minoj that he's being treated. we'll take you inside that trade. you'll only see this on "power lunch." lunch." business pro. maestro of project management. baron of the build-out. you need a permit... to be this awesome. and you...rent from national. because only national lets you choose any car in the aisle... and go. and only national is ranked highest in car rental customer satisfaction by j.d. power. (aaron) purrrfect. (vo) meee-ow, business pro. meee-ow. go national. go like a pro.

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ok, i'll just be outside... ok, yeah. his dad is my boss. yeah. vin scanning to add a car. just a tap away on the geico app. today is monday today, we greet you. treat you. care for you. today, you can come to cleveland clinic for anything, everything or just to get that "thing" checked out. big, small, and yes, the best heart care in the nation. it's here everyday, for everyone. that's the power the power, that's the power of today. cleveland clinic. call today, for an appointment today. welcome back to "power lunch." the dow is moving right along here. currently trading again off those session highs, up about 120 points. now leading the blue chip index higher, talk about names like

visa, also american express, intel, cisco systems and goldman sachs, names like goldman and advice va carry a lot of wee, because they're among the highest priced shares in the dow. let's send it down to rick santelli. mr. rick, sir? >> no matter what maturity you look at, we're virtually unchanged but there are subtleties worth pointing out. two days on five, higher han the left side, so today is a bit higher. tens, two-day pretty much balanced. neutral, the longest maturity, the right side is significantly lower than the left side. there's your curve flattening, and if we look at the euro, and simon you had a great guest talking about the euro. many taking about it being pretty darn large, so qe is a matter of taste, but the euro is

coming out of, tyler, back to you. tyler, thank you very much, mr. santelli. for ideas on where to place bond bets on this volatile market. you've got to be versatile in a volume at this time market. krishna mimani oversees all the firm's investment teams. welcome. good to see you. how do i make money in bonds right now? >> i think you make money in bonds by two two things, which is not selling bonds and buys credit. not selling bonds, because we think bonds at least in the u.s. are somewhere between 2.5 and 3%. that's decent income, and credit because if rates remain low, people would be looking for new sources of income. >> credit comprises corporate

credit, structured credit, but i think two best values in the are probably muni bonds, and you don't think of muni as credit, but munis had a very tough 2013 and offer very good yield at the mome moment. very help selfadvice. thank you for being with us. >> thank you. two weeks ago a debate raged over high-speed trading like never before. >> i think it's hard to put a word -- >> you said it in the book, that's when i knew the markets were rigged. it's disgusting you're trying to parse your words now. >> you are quoted that way in the book, but --

>> let's walk through an example. >> do you believe it or not? because you said it. >> let me walk you through an example. >> it's a yes or no question. >> i believe the markets are rigged. >> there you go. >> and i think you're a part of the rigging. so if you want to do this, let's do this. >> i really do. today a different take. one computer with a traditional trader and high-speed trader. here's what he found out click by click, trade by trade. >> the meeting must be going well. the stock is moving up. >> joe has been a professional trader for over 40 years with a long career at merrill lynch and morgan stanley after levin morgan stanley in 1998, he's been trading his own account for the past 16 years, and he doesn't like what he sees what he trades. >> to me it's one of the dirtiest environments i have ever seen. i have so much difficulty getting things done. i guess i'm not the only one

that thinks so iflgts dirty as in rigged? >> i'm not prepared to say it's rigged. i don't really know if it's rigged. i'm getting compromised all the time, i'm getting taken advantage of all the time. >> reporter: he offers an example. he's looking to buy retail, the current bid is $34.38. the ask, what someone is willing to sell it for is $34.45. joe enters an order to buy 500 shares at $34.40. immediately the market moves. >> i put in a $34.40 bid to buy. immediately someone is now bitting 41, 42, 46, 47. the offering got taken, and i'm out there still, and once again i bought nothing. >> joe ends up cancelling his bid and has a definite opinion on what is happening. >> i'm presuming that someone is getting in the way. to me it's some form of front running. >> standing on the sidelines watching carefully is the

founder of tradeworks, one of the largest high-frequently strayeding firms in the world. his interpret is different. >> any buyer who is willing to pay more than you is entitled to top you, because prior priority tops time priority. >> they go on arguing and arguing, joe buys and sells other stock, including attemptic to sell shares in tg therapeutics, but someone keeps offering stocks at a lower price. >> when i drop it lower, somebody, when i cansed my lower order offering, somebody canceled. i'm dictating the price of this stock without -- i haven't sold a share yet minoj disagrees, noting this stock isn't typically traded by high-frequency firms. >> when you lowered the offer and someone topped you by making a more aggressive offer. all that means is somebody was willing to accept a lower sales price than you. that's a good thing for the

market. >> the debate goes on for another half hour, with both sides trading barbs. >> i can't compete with a math me 'tis. >> i saw absolute lid nothing wrong, nothing illegal, immoral or unethical. where i agree is joe is the market is way too complicated. from my perspective, what joe is seeing is just complexity, and he's not understanding why certain things are happening. >> reporter: after nearly two hours, it ends with a truce on the terrace of joe's i've. but at least the two sides are talking. bob pisani is with us now. >> at the end. he felt traders were stepping in in front of him. bun thing for show. if you're posting any kinds of bids or offers, you're up against very sophisticated programs that may be high frequency traders or may be big

market makers like brokerage firms. regardless, if you do that, if you're posting bids and offers, you need current algorithms and the best systems to compete. it was interesting they both agreed the system is too complex, and i think everyone would support making things simpler. we don't need 13 exchanges and 45 different pools. hopefully that might get addressed this year. >> that was real interesting, thank you. fascinating glimpse of what goes on. california is a big state, the biggest, ranks number three in sort of size, geographic, but number one in population, one very successful venture capitalist wants to change that, and split california into six drift states. he he's with us next. what would he call all the new states? we'll find out in two minutes. u. i'm beth... and i'm michelle. and we own the paper cottage. it's a stationery and gifts store.

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also seeing some nice leadership in large-cap tech, so google, cisco, amazon, yahoo!, all higher. what we will be watching is earnings, a big week for tech companies. simon? >> sheila, thank you very much. tim draper is behind a gold controversial plan to split california into six separate states, a move he claims will help lift the state out of its financial troubles, create more jobs and resolve the housing traffic and water problems. here's what the split would look like, jefferson, north carolina, silicon valley, central california, west california and south california. in a first on "power lunch" interview, he joins the program. >> thanks for having me, simon. >> it's interesting. you seem to be arguing not only at present you have a kind of

monopoly government in california, across the state, but you're suggesting the problems are both real and extreme. what do you mean by that? >> well, actually here in the northeast, you want -- you have a lot of choices to which state you want to be a part of, but in the west coast, we're all stuck with the same choice. we have just california, and according to wall street, 24/7 wall street, california is the worst place in the country to do business. so we're 50th out of 50. we can't do any worse. we're losing jobs, lots of jobs, losing them from hollywood, we're losing them from the silicon valley, losing jobs from all these manufacturing jobs are going, occidental petroleum just isn't 8,000 jobs to texas. tesla decided that they would it

has sent of battery factory to new mexico. it's a grand exodus. we are bleeding jobs. >> tim, i spend a lot of time reading the commentary as you're aware, on the internet over the weekend. one of the major complaints about the plan that comes up time and time again is you will create a super-rich state called silicon valley with all the power, the wealthiest in the union, and then others like central california which would be the poorest in the union at $150 a head less than you get in minnesota. and you kind of -- the feeling seems to be, a, you're allowing the elite to go on their own, and then you're creating something that inevitably happens within a state or country. >> all six states will become richer. they'll all be able to do more for their citizenry. in fact, my guess is that

central california, which is now the poorest state, they are the poorest state until the current regime. if they have their own regime, my guess is there will be a lot more manufacturing jobs there rather than losing them to texas or arizona, new mexico, and so i think we're all going to be better off. each of these states can focus on the things that they do best. hollywood can get their jobs back. i know silicon valley doesn't have to lose out to new york or whatever. >> i know you think it will be replicated and texas might split, so on and so forth. a, are you going to get the votes to put it on the ballot or 2014 or 2016? more importantly than that, even if it was voted through at the state level, there's no way that the senate would say yet, would they? you're going to dilute down the number of seats, alter the

balance of power. they don't want more senators in the senate. that's way too complicated. >> it turns out that, yes, we're going to get the signatures to get it on the ballot. i don't know whether they will get it in time for 2014, or whether it goes for 2016. the good news is once it has passed california, and we start self-organizing these six states, the federal government will eventually decide that it makes sense for california to be six states. that may be a partisan issue. it may be just that the party in power finally decides that it's in their best interest to have six california, but six california are just better. they're better for the people of california. california is ungovernable. the current state of california is very poorly run. we spend the most and get the worst service. we spend the most for education and we're 46th in k-12

education. we have big recidivism problems, bad infrastructure, all of that will be improved by six states, because those states will focus on their people. >> it is certainly a hot debate. tip, nice to see you. >> pleasure to be here. fascinating conversation. ice hockey, let's talk about that. the playoffs start this week and the soccer world cup is just weeks ago. get ready for game-changing technology ahead. morgan brennan is on the story. morgan? >> that's right. in or out, goal or no goal, a new competition is raging over goal-line technology. day before the nhl playoffs begin and two months before the world cup starts, i'll show you who is trying to win big-money contract to make sure the ref calls it right. that's next on "power lunch." we" i tell people it's for the climate. the conditions in new york state are great for business.

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begin on wednesday. cnbc will be the home for many of the games. in 59 days, the first game of the world cup begins in brazil. while the players battle it out on the field and on the rink, technology companies are fighting it out on the goal line. morgan brennan has our report. >> this disputed goal at the biggest sporting event in the world with hundreds of millions of fans tuning in is exactly why you will be hearing this term more and more -- goal-line technology or glt. i'm talking about england's disallowed goal against germany at the 2010 world cup. that was almost universally shot down as a bad call. knolls fifa is working with goal control to bring glt to the brazil world cup for the first time ever. this summer. 14 high-speed cameras will cap purr 3-d images, so referees get that data within one second on a wrist watch.

>> one sport that's pipe nears glt is hockey. the national hockey league has been using this tech for three season in games like this boston bruins v. new jersey devils face-off from sunday s. leading into the playoffs. vidivation makes that system that can withstand a slapshot. >> there's lexan almost bulletproof domes on the device, top and bottom. you can see it's very well padded, so it won't hurt the players and the players won't hurt it. >> other sports teams and leagues adopting england's premier league, still not everyone is on board. the german football league just voted down glt thanks in part to the 500,000 euros per club cost. so the tech is becoming more

mainstream, but still too steep a price tag. the nfl -- i said it again -- the nhl. i'm going to hear about it from gary bettman and i probably should. nhl, hockey, sticks, pucks, they start on wednesday on cnbc at 7:30. the canadiens of montreal and tampa bay lightninger the teams. i knew that much. still way too let for diego's hand of god, but let's go on. and emerging question over emerging markets, the power rundown is next on cnbc. is next. up. a short word that's a tall order. up your game. up the ante. and if you stumble, you get back up. up isn't easy, and we ought to know. we're in the business of up. everyday delta flies a quarter of million people while investing billions improving everything from booking to baggage claim.

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rundown time. technology stocks, "financial times" say some insiders have dumped a large share of their personal stake in the stocks right ahead of the slump. what do we think of that? a lot of them you have -- they're there to tell people

they haven't performed poorly. you want to look at whether or not there's any kind of inclination they knew it was going to happen. >> sheryl sandberg among them. it's obviously not a vote of confidence. that's not what shareholders want to hear. >> let's move on to the next one, sort of in the same family. facebook trying to object deign regulatory approval in ireland that will let users store and exchange money through the site. seema, any thoughts on that? >> i think the bigger story is they're trying to become in university platform. >> when it comes to communication and potentially e-banks. it will create sticky customers.

i don't know if this is the right move or not. it remains to be seen if it goes global. >> emergen markets, a lot of money piling back in. >> that's right. it's so interesting. the fundamental story hasn't changed. they ease merging marx are dealing with the same, as we saw -- into index in terms -- they're in rally mode. india and indonesia. new leaders are propping -- so investors are seeing the leaders could potential help them get back on track. >> sometimes it's as simple as rotating the underperforming -- that's what's happening. traders are taking them off the -- and moves them into plate the. >> thanks very much. that will do it for "power

lunch." simon, great to be with you. >> i enjoyed it. let's see what's coming up with brian on "street signs." why the retailer may rescue you, the consumer coming to the rescue. twitter, a statistic you've got to hear to believe. and the rich making more of the money, but paying more of the taxes as well. while both trends are bad for america, and how to fix it. all on "street signs" after this short break. see you there. see you there. peace of mind is important when you're running a successful business. so we provide it services you can rely on. with centurylink as your trusted it partner, you'll experience reliable uptime for the network and services you depend on. multi-layered security solutions keep your information safe, and secure. and responsive dedicated support meets your needs, and eases your mind. centurylink. your link to what's next.

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it is retail to the rescue. how the american shopper just might save the stock market. hi, everybody. mandy is out for a bit. the great melissa lee joins us today and all wee. is this like the internet bubble all over again? an incredible statistic by twitter, you have to hear to believe. the tax bill you may have coming that you will not want to believe. >> but first, let's take a check on the markets. what a relief compared to what we saw on friday as well as all of last week. off the session highs last