>> you have cash. >> is that your final trade? >> no, i like express scrips, it's on sale. >> doc. >> norfolk southern, running with buffett. >> valero is going higher. >> upl, natural gas. have a great rest of the day. that's all for us. power starts now. halftime is over. "power lunch" and the second half of the trading day starts right now. >> it's going to be an interesting afternoon. volatile day for the markets. nasdaq just shy of that 10% correction level. are stocks on course for that big correction that many are expecting? or is a spring snap-back in the cards? we're also going to rethink the 20-year ceo. report that jeff immelt trying to shorten his stay. is it good for a company to have a ceo stay so long? or when is the right time to go? appeared of course it is april

15th. it is tax day, but also tax fraud days. millions of americans will find out that their i.d. has been stolen, someone else has already filed a return and claimed their refund. how serious it's becoming and the staggering amount of money it is costing taxpayers. first, though, let's check in down at the new york stock exchange with simon. >> hi there, tyler. another volatile day f the nasdaq already hitting a 4 1/2-month low, well below 4,000, as you can see. the russell 2000 is also about 9% below its march high. there you can see where we're trading this i think is the most important indicator of the hour, the fact that the ten-year has now -- the yield has now slipped below 2.6%, so there is a strong and persistent rally on the fixed-income markets. rick santelli is in the bond pits in chicago, he will join us

shortly. dominic chu is tracking the big movers. >> that's right, simon, the big momentum names are takingal hit once again. you want to watch the share of netflix, priceline, amazon, tesla, facebook, anywhere from 2.5 to 5% or 6%. let's highlight netflix after hitting the all-time report high back on march 6th, it's lost about a third of its value since then, 30% in just six weeks. not a pretty picture. a lot of these individual names are seen as sentiment indicators, simon, for the rest of the overall market. >> sheila, at the nasdaq, down almost 2%. >> the bloodbath is continuing here. we areal session lows, dom sdwrus mentioned some momentum names. you throw in large-cap tech, everything is pulling the nasdaq down.

now, we've been talking about the past few weeks, and i want to show some of the damage that's been done in the nasdaq in context. 75% of the nasdaq 100 is in correction territory. nearly 30% is in bear market territory, so nearly a 20% decline from recent highs. if you look at the last time for the correction, it was back in 2012, so we are on that watch right now. a couple levels to watch. we sliced through the 3986 level on the nasdaq composite. we decidedly went through that. 3942, this is the 200-day moving average, the long-term average, a very important timeline. we are very, very close, just about five points away from going through that level. finally one last number, 3934, if the nasdaq falls below that, we are effectively in correction

territory. again, 10% decline from the recent highs. we have not seen that for the past few years, so certainly something that's on everyone's mind. simon? >> thank you very much, sheila. let's bring in bob pisani. that might be where you bounce. >> 3942 is only six points away. i guess the question is how far from a bottom? it depends on whether you're talking about biotech or the overall market. it's a hot topic. let me show you the sector, leadership groups. consumer discretionary, are technologies week weak but energy is basically flat today. the question is, how far from the bottom? there's been notes and comments out recently, david koston said we are 70% through this correction, but others have disagreed. we're only 3.35% off the highs. a lot of people are saying that's not enough. we're going to see several more weeks. a lot of people are saying at least 5%, so this is a dispute

on that. let me move on and show you some of the outlying market leaders that concern me. this is some of the old leadership groups. i'm not concerned with biotech or gold miners. these we know are already under attack. i'm more concerned with things like airline stocks. big market leader this year, take a look at delta. there it is, just in the last month, down about 3.5%, a huge move up, and now they're starting to come down. they've got great fundamental stories. they are not overvalued, and that's the kind of thing i'm watching. when you see the airlines, watch out. it's not about earnings, simon. citigroup is holding up from yesterday's earnings s. charles schwab. this is not about earnings overall. this is about maybe a bit about what's going on in the ukraine, maybe about over-valuation, finally you mentioned we're near correction on 10%, but you can see the rest of the market not that far. the russell 2000 nasdaq overlap

a lot tt dow industrials less than 3%. >> bob, thank you. let's go bass to tyler. >> let's talk about the ten-year, breaking below 2.6%, run santelli at the cme, there it is at 2.06 is, rick. i guess there's probably some uneasy buying of bonds right now. >> i think 2014 is symbolic of uneasy buying and treasuries. after looking at the 30% s&p gains in stocks in 2013. so we could debate fundamentals, why it's happening, but whether all of 2013 and a bunch of 2012, there is no alternative to stocks if the ice gets thing, now there is no alternative, in the derisk environment than to own treasurietreasuries, partic long maturity treasuries. if you look at a long one day, you can see momentum building. certainly 260 is a nights, easy

round number. that was the day with the lowest yield at 258, so a pure technician will say in order to get more momentum, you need to close below that level, but look at the 30-year bond, the longest maturity, hovering at the lowest yield since close since june of last year. it underscores the next chart. long maturity rates are falling much faster, the curve continuing to flattens. simon, it's all yours. >> thank you very much, rick. is the bigger correction on the cards? downing me from the 234r50r is kenny policy carri and director with kneale securities, and in washington michael farr also joins us, president of farr miller and washington. michael, what is your take here? >> well, i think you have to pay close attention when you see

this volatility, but essentially, i think markets are behaving in a somewhat healthy and fairly predictable manner. we had a 32% up year in 2013, we've essential gone sideways, up a percent, down a percent with a lot of volatility in between. i think we're working out of sectors that have become overvalued and seeing a rotation into other sectors. all in all, this feels orderly and normal. it does tell you that you have to go and look for stocks and investments that represent good solid value, because i don't think this rough ride is necessarily over. >> i think there are two things that i would pick out, you see gold there. >> yes. >> gold down 2% on the chart that we have at the same time as you see the treasury market rallies. >> up a bit? >> gold is down. >> and oil is up. >> kenny, what do you think is going on? >> like you said, it's an

orderly reallocation. there's no sense of panic at all. maybe some individual biotech nails that are getting hurd, maybe there's more nervous names. the overall markets feels very right, right? you want to see this pullback. actually we broke through it now, we're at 1812, so i think the down side is limited to the 200-day. >> unless people are -- unless people are really getting worried about growth now, unless that is the key, we don't have the growth to support 9 market. that's why you might see gold fall and treasuries rally. >> that might be true, but if you look at the data we're getting, they are slowly improving. so 28 be the slow recovery. listen, we've already said that prices in the market have gotten disconnected from fundamentals, so having the market come back to meet, is perfectly healthy and normal. i think that's what we see. >> the question is, michael, how much further does it go on that argument? >> first of all i think it's clear. we all need to listen to tony.

i think he's right t. and yet we haven't had a significant pullback. i think you could expect a greater pullback. but as these opportunities are being presented to you, remember what buffett says, be greedy when others are fearful. when fear really shows itself on wall street as it is in biotech and some of the other higher flying tech names. if they're going to beat them up and send up this to the cleaners, i'm interested in buying. at the same time i look at blue-chip names that still have great differents, like johnson & johnson. i'm very happy owning my johnson & johnson today. >> thank you, sir. >> and of course kenny policy carri. ty, back to you. a developing story reports ukrainian forces are launching a special operation against separatists in eastern ukraine. our chief international correspondent michelle caruso-cabrera is here with the

latest. >> heavy gunfire heard by reporters from associated press and reuters in an airport in kramatorsk. ukrai ukraine's acting president announced an anti-terrorist operation against the insurgents who have seemed control. and it coincides with a flight to safety tray. when there is fear investors buy u.s. bonds. we're showing you the yield on the ten-year. remember, when bonds climb, their yields fall. our interest rates in this country fall. the ukrainian government says it's regained control of the airport, but there are indications there will be more battles against pro-russian, the u.s. government uss fully russian militias.

the ukrainian government gave them an ultimatum to leave. the acting president said, soon there will be no more terrorists in donetsk or elsewhere, suggesting there will be a lot more. jay carney, the spokesperson for the white house, telling reporters at the same time that the u.s. is not considering providing lethal assistance to ukraine. >> not providing. >> not. >> okay. thank you very much, michelle. appreciate it. the dow taking a hit today, but coca-cola and j & j are both jumping on the back of their latest earnings, coke in line with street estimates. j & j beating. there you see the numbers for those stocks. how are those companies doing this year? there is a graphic representation, coke down about 3% as you see there. coke is the yellow line, johnson & johnson the blue line. it is up 7%, dom chu taking a deeper dive into coke as the

demise of the so thea giant has been greatly exaggerated? >> it has. at least for right now. that's the takeaway from coca-cola's results this morning. despite the down market. but case volume growth, that's big. it's a sales figure, gave investors a reason to be optimistic globally. there are key margets where growth actually picked up and the ceo was a "squawk box" earlier this morning talking about where those spots are. >>. >> momentum is beginning to come back. we are improving in key markets, line china is up double digits, brazil is up for us, russia and india were both up 6%, so we're improving on the prior quarter. it's sequential improvement. we intent to continue that sequential improvement going through the year. now growth in emerging markets, especially in the

so-called bric nations. but north america is a key market here. it's coke's biggest market overall. a big challenge will be maintaining that growth profile in the coming months and years. while soda demand is still there, changing consumer buying patterns will be a big theme. that's why coke is expanding on non-soda product likes water and juices as well as using natural sweeteners in low-calorie sodas. down about 3% so far, just flat over the last year. investors will take these results as an early step in the right direction, and the ceo will have to see if he can keep that momentum going. one issue is the disconnect between the markets and how the economy is performing. the data have been coming in pretty good, but stocks have been volatile, haven't they, steve? our economics reporter steve liesman with the key things to

look for in this second quarter economically, and with specific reference to the -- >> you want to be careful not to be kevin bacon in "animal house" and all is well, all is well. it doesn't explain what's been happening. before i go forward and tell you what to look for, i want to show you the cnbc rapid update. it's an ongoing tally of where gdp is for the quarter, so first quarter 1, 6, third quarter, there's the snap back right there, 3.4. here's what joe la vornian, that 4.2% said about the forecast. >> why does it double? >> because we're gebl a snap back on inventories and from winter weather. read what joe says, the march retail sales accelerated at the end of the quarter confirming the substantial weather impact early in the quarter. now, the next couple weeks we're going to start to get some of that data to confirm or to dispute that snap back on 3.4.

here's what we're looking for. yellen tomorrow, the beige book, which is pretty contemporary. >> she's going to testify? >> she's going to give a speech tomorrow around this time. philly fed also pretty good. then the home sales data comes in. most of it is backward-looking. the regional fed reports like richmond come in, those are pretty contemporary. then in two weeks, that's when we get the best look, tyler, what it's going to take is to know that 3.4 a pipe dream, or is it reality in terms of the second quarter snap back and having a good handle on growth. simon, down to you. >> ahead on the show, rethinking the 20-year ceo. there are reports that jeff immelt is trying to cut down 'tis tenure. he'sen ceo since 2001. the stock down 45% since then. is it good for a company to have a ceo stay so long? when is the right time for a ceo to go?

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welcome back to "power lunch." let's call your attention to some of the momentum etf plays that are out there. i-shares, nasdaq, that is ticker ibb down about 3.5%. its top holdings include names like amgen, celgene, the big names in biotech names.

down about 8% for the year. down nearly 2, 2.5% as well. it has the names like amazon, facebook, and google. that etf is down about 10% for the year, and then there's the flobl x ticker socl. linked in, pandora, twitter, you name them, it's in there. it's down about 17% overall for the year so far. >> dom, thank you very much. how long is too long when it comes to the tenure of a ceo mary thompson now with the story. >> tenure a topic of conversation after the journal reported jeff immemt may not stay on. that would be seven years from now. immelt is part of the ceo class of 2001, which which us the ceo selfamerican express.

immelt has been on the job for 13 years, already eight years more than the average tenure of a fortune 500 ceo of during his tenure. the stock is off, losing about -- up the day he took over. even though he is credited with steering the firm through the financial cries, two recessions and several restructurings in order for focus ge on higher-growth s we did a rough search for those who are related to founders, and of course the man at the top of everyone's list is john chambers. he's been on the job since 1985. under his watch, the stock has returned, though it's underperformed the s&p in the last ten we're. society be's ceo has been under fire by hedge fund titan dan recently the performance has lagged a big. two long-term ceos, as well as

christopher connor of sherwin-williams. both of those stocks are outperforming the s&p 500. it's tough to say if there is an ideal time for the ceo. a report in the "harvard business review" last year put it at 4.8 years. the report says the longer the ceos stay on, they narrow their field of advisers, become less connected to the marketplace, making them a little less reactive and nimble. >> mary thompson, thank you very much. let's go to michelle for some breaking developments on ukraine. we now have comments from vladimir putin, telling a russian news agency that he expects to see a clear condemnation by the united nations and international community of, quote, kiev's anti-constitutional actions in eastern ukraine. once again putin calling what's happening in eastern ukraine

anti-constitutional. this is starting to play out almost as a cold war foretold. there was talk the ukrainance would show restrained, if they didn't that would give russia an excuse to come in, and so now we have the first comments from vladimir putin saying what he sees on the ground is considered anticonstitutional and perhaps a buildup towards some kind of justification, right now there are reports that russian forces are on the ground, though russia does not admit they are there. >> hopefully not before thursday's diplomatic meeting. let's return to the conversation should a ceo stay at a company. what is the right time for a ceo to step down? we have the report in the adjourn that jeffrey immet -- jeff sonnen field is also with us from the yale school of

management. jeff wrote about this issue in his book hero's farewell. i want to feel the former owner of this network is in a slightly different situation, because the task at hand in reshaping the businesses was such a big long-term job, or am i wrong? >> no, you're absolutely right. with jeff immet has done has been a pretty powerful performance. the profound reshaping and moving out of the of some of the plastics businesses and things like you referred to into a higher return, higher growth businesses for the future, such as energy and many of the other sort of power businesses that they've moved into, but health care, and things, however, that suggest at the expense of earns which are up 80% and certainly have done well with profits up some 57%, but it hasn't been performing with the voluatility

at the time he got his job, the raging stocks of the day where are all those new new thing businesses with the soaring stock prices? he's been building for the future. ceos in accounting firms, yeah, they serve for four, five years, but the data is there's some short-term places, but place where is you're building, big pharma or big industrial titans, it takes two, three years just to learn the job. to have an impact takes longer. there are monarchs that stay on, rupert murdoch looking at some 62 years or people like fred smith, that's a little too long. you do have succession issues, but a little fresh blood every now and then is a great idea, but 15 years is not too long. >> let me bring in eric, because we are running out of time here. jeff says you should by building

for the future, but building for the future also means invigorating teams and important people who believe that one day they could succeed you. if you hang around forever, they're going to go. >> yes, you get stale. when you get stale, your team starts to leave. you start to repeat yourself on the vision, everything seems to lose its luster, and sharp people who have opportunities elsewhere are not going to stick around. >> in immelt's case should he go early? >> i think he should. i think that the 20-year yard did not stick is arbitrary and just too long. it's not human nature to keep fire in the belly that long. >> we have to leave it there, guys, we've had a busy day on the markets. thank you both. simon, gentlemen, thank you very much. is it good for a ceo to stay for long? or should they say so long? plus it's taxday. the profit marcus is in the

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chin. you could say they're possibly crapped out, if you will. ynne, since its record high back on march 5th, it's lost about a fifth of its value. a lot of this has to do, of course, with macaw gamiing revenues and possible slowdown in china. jackie deangelis is tracking the progress. >> good afternoon, simon. a tough day for the gold bulls here. giving back a week's worth of gains today. of course, you have the perfect form for buy gold here. equity market, but still there is no buyers it finally may be weakening. still there are traders out there saying now it's time to buy at these levels, say the

fact that gold is over 1300, a key technical point is in itself a positive sign. they're looking for it to go up around to 1322. we shall see. simon, back to you. you've got to wonder if it's people raising cash for margin calls elsewhere. rick santelli? >> if you look at a two-day chart, we're only down one basis point, you can see we're well above yesterday's low yields. here's the main culprit. you can see we've challenged yesterday's low yields. we did violate 260. it wasn't a lot of follow-through. many believe 258 is the level, but maybe we're splitting hairs. open the charts up to other issues to pay attention to for dropping yields and flattening curve. look at the zone. this is the flattest the 5s and 30s have been since october of 2009. maybe more important, if you're looking for reasons for yields to keep moving lower, look no

farther than europe. the difference between our ten-year yields and their ten-year yields is basically the widest it's been since october of '05. it's different, to see u.s. yields move higher. look for the spread to narrow from historic extremes. back to you. >> thank you, rick. the important news on the stock markets is that we are cutting our losses from where we were half an hour ago. shielda has more at the nasdaq. shielda? >> that's right, simon. that's exactly what we are seeing. it is still a sea in red, but you are seeing a nice bounce back. we haven't cut through the long-term average, so perhaps a sign that we are finding a bit of support here. i do want to talk about what stocks are actually leading the nasdaq down the most. the big cap names. apple is notable. that stock is down about 9% in this year alone, so some interest stats on apple, which of course is a big influence on

the overall index. biotech, we've been talking about it a lot. another loser today. down over 17% in just the last month alone. so the biotech momentum, that weakness really dragging down the nasdaq. i want to end up on the semiconductors. now we are seeing the weakness bleed into the semis as well. back to you. >> thank you very much. sheila. power rundowns time here. marcus, star of cnbc's "the profit." a article about jeff immelt, he may step down, what is widely thought to be a 2-year run at the company. what's your view? you've been at your company 15 years, you were the founder, immelt was not the founder, obviously. what do you think? how long is too long? >> first of all, jeff has done a great job. so you've got -- he got us through two recessions. it depends if you're a founder or employee.

bring in new people and have a succession plan. if you're the founder, it's probably still a good idea. somebody may have some better ideas. i don't know what the right time frame is, but the leader themselves know it in their guts when it's time to go. >> you think somebody has better ideas than you? >> absolutely. i built the business, but somebody may have a better idea for tomorrow. you have to be modest enough to know that. >> like derek jeter as we were saying off camera, jeter sort of knows, the alarm went off, that it isn't feeling the same, he can't bring the same game. >> tax day,r day, what should we do? >> 38 million words, some crazy number, number of words in the tax code. i don't think it's going to change anytime soon. we have to figure out the tax loib. there's this big ballots between the industries that support them like caterpillar and congress. i think we're at an impasse. 97 on-page document was put in front of the ways and means.

it got shut down, why? because the lobbyists won't go for it. >> andrew sorkin's column in "new york times" if you haven't seen it, it's about tax loop holes and hoe entrenched they become for that exact reason. >> can you imagine if consumers had the same able? >> that's right. that's very hard, obviously to spur. all eyes will be on mary barra this afternoon as she speaks ahead of the new york auto show. it's one of the biggest in the country, first public speech since before she went before congress. she has made moves and put people in at hr, and in communication, how is she doing? >> she's doing okay, but this is a typical situation, where you have to bifurcate the issue. the business needs to look forward. they're launches the cruze, the new focus, a number of new cars from other manufacturers. she's got to keep everybody on her team focussed and half of

her team focused on what's going on behind her. i'm concerned where her focus is right now. >> wasn't the cruze one of the cars with the ignition problem? >> it's kind of the reinvented cobalt. at what point do you say what? >> at what point do you say that mark is so damaged we can't stick it there. >> >> somebody will -- it's a different car. it was ten years ago. >> and you remember the problems that ford had with the explorer. that franchise is still going. >> but she's putting on a good showing, no question. >> we'll have you back in a couple minutes to talk about the season finale of "the profit." he's taking his tie off. tonight at 10:00 eastern and pacific. simon, down to you. >> thank you very much. tyler. in the meantime, the nasdaq is cutting its losses as we speak, into the fray, three tech stocks tonight, yahoo! and intel gearing up to report their earnings after the bell, and

it's been getting a lot of backlash, but goog the glass is on sale for one day. >> simon, two big tech names reporting after the bell today. yaw high and intel. we're going to walk you through what you need to watch when "power lunch" continues. ♪ [ dog barks ] ♪ [ male announcer ] imagine the cars we drive... being able to see so clearly... to respond so intelligently and so quickly, they can help protect us from a world of unseen danger. it's the stuff of science fiction... minus the fiction. and it is mercedes-benz... today. see your authorized dealer for exceptional offers through mercedes-benz financial services. but with so much health care noise, i didn't always watch out for myself. with unitedhealthcare,

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welcome back to "power lunch." we have a tale of two different kinds of stocks, as investors continue to punish the momentum names. take a look at where the money is actually going. the utility sector again, with steady performance, it's by far and away the best-performing sector in the s&p 500 in this year 2014, up about 11%. as for the individual stocks, you look at names like exloan, as well as northeast utilities, d.t. in, wisconsin energy, all hitting record highs, utilities, by the way, simon, five times better than the second-place health care stocks. back over to you. >> yeah, stock that is behave like bonds, dom, thank you. meanwhile, the stock market

overall is cutting its losses. it's still, though, a tough day for many. joining mess is bob pisani a. kenny anthony policy car ir. >> you use his middle name, but not mine? >> that's not my middle name. >> you notice hose crazy the markets are moving? >> my producer and are were looking at the cross-currents, ukraini ukrainian, china growth concerns, choppy economic data, so next the nhb numbers are lousy. we have a vacation week with half the -- the whole city is out at this point, so light participation, and then tax selling last week, which somehow i believe definitely filtered into the stock market. >> i should explain, bob's tax bill is much higher than he

thought. >> there is sticker shock going on. >> gerping this in and saying, 40u6 did i owe? >> they have to dig out extra money. >> listen, i think that we came right down, as i said, on the s&p. we bounced off that 1812, 1813 level, kind of head there for a bit and now we're bouncing back. i'm not getting a sense of a lot of follow-through. i think the market will test lower, as i've been saying. >> i do have a frightening ability to be accurate. >> very annoying. >> it is annoying. kenny policy carri, bob pisani, thank you. yahoo! and intel set to report earnings. josh, yahoo! four straight quarters without revenue growth. wall street doesn't appear to be expecting much good news today. one analyst upgrade.

what are you hearing? >> i think with 37 cents on 1.08 billion, that would basically be no growth on the top line. we know what meyer's plan has been, and attract more eyeballs. that has not meant strong financial results. yahoo has been had 24% stake in the chinese e-commerce. the expectation is you will see a pick up? ali baba's names, including the recent sales no singles day. that's the big shopping festival in china. they did upgrade to outperform, based in part on this excitement over the upcoming ipo, tyler. >> intel, the street looking for 37 cents a share, sales roughly 12.8, 13 billion, can they deliver? will we get any details on the mobility strategy, which is something that has been fuzzy so far? >> 12.8 billion, representing

about 2% growth, certainly, listen, we know pcs are facing big secular challenges, you will, though, find analysts on the street. that's because 24th see -- to your point, watch the 36789 c client group, analysts looking for sales, and also that big business segment responsible for chips used in smartphones and tablets, i think you'll see revenue in that segment jump about 6%, says tomorrow jon fortt will be interviewing intel's ceo, so stay tuned for that one. >> he'll be on with brian kerzanich at 12:30 eastern time. josh, thank you very much scott -- sorry. simon, down to you. it is tax day. as you rush to file returns, you could be in for a surprise. what kind of surprise are we talking about? >> no, you go to file your taxes

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(whispering) what? get our everyday price match guarantee plus a $100 rebate on 4 select tires from your tire experts. chevy certified service. welcome back. the poster children for momentum names are faring pretty well, off their session lows. some are all taking a hit, but let's drill down on reagain eron. the stock is still up 33% in the past year. tyler, we alls talk about bioteching, because so many experts look to them as sentiment indicators. back over to you. >> dom, thank you very much. millions will file their taxes today, but many could be in for a surprise that they are the victims of identity theft. senior correspondent scott cohn is here with the story.

>> and what it can take to unravel that. so you go to file electronically, but someone else has already filed in your name. >> identity thieves can target anyone, something i saw firsthand last year when two people attempted to get a fraudulent tax refund using my personal information. >> that's right. attorney general eric holder had his identity stolen last year. the crooks didn't get very far in his case, but the two men from georgia pleaded guilty to stealing at least ten identities. and collecting thousands of dollars in illicit refunds. if you have a local crackhead, get them to sign up for an electronic signing number, it's easy says one e-mail. another defendant responds, i just got to find a crackhead, now that won't be so far. one warns the more technologically plugged in you

are, the more vulnerable are. >> having the technology, you know is like driving a ferrari going the wrong way down the freeway. you know, if you don't know how to handle and maintain the vehicle you're riding in, it's going to cause you abaccident one day. he's talking about the app.s, tablets, all that. if you get that dreaded notice today that you are a victim, first thing you do, call the irs with the number that's on your screen is-800-908-4490. next, go through all the steps you would take if someone stole your wallet. chances are the thieves will be using your identity for more than just a tax refund. it is a huge problem. absolutely, scott, thank you very much. in today's yahoo financial question of the day, do you believe that the tax code needs to be overhauled. a small fraction said no, 11% say yes, 14% say yes, we need to

close the corporate loopholes, but the vast majority, 72% say changes should be made across the board. amen to that. it's a big day for us. the season finale of "the profit" ends tonight. marcus is back with us on this show for a sneak peek, next. [ hypnotist ] 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. with more standard horsepower than any of its german competitors. this is a wake-up call. ♪

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one stock that's in the green today is pier 1, which has repeatedly disappointed investors with over the past year. barclays is upping it to overheat, saying it was a victim of a perfect storm of one-off operational challenges. that stock is currently up about 3%, 4%, it's still, though, down about 20% for the year. tyler, back over to you. >> thank you very much. the season finale -- alas there would be more -- of "the profit" tonight at 10:00 on cnbc, he trying to help struggles owners of a key like pie company. >> you come in here and tell me. >> no, jim, wait -- >> utelling me you're closing the store. >> that's right. >> what are you going to pull

next? what's going to happen tomorrow? >> whatever it takes to be very successful, because the plan you guys have had didn't work. >> so you get to go to sleep at night and lay there in bed like, what the hell is going. >> you get to sleep and know that your irs bill is paid and now year payables are paid and know that you're actually going to make money. >> that's enough, you're out of here, you're gone. it's my company, you don't like it, get out. >> you agreed i would have 51% and i told the employees i was 100% in charge. i wasn't kidding. >> you better be right. you better be right. >> i know i'm right. >> i can't put up with this [ bleep ] anymore. >> whoa. the profit himself. they are literal le in key west, florida. >> you put that in my face, baby -- i took off my tie. i was going to wear my hawaiian shorts, because i spent a week in key west.

this was by far one of the best businesses i've been to, because we changed stuff. we changed the people, we changed the product and entirely changed the process. >> but the owner was not happy. where is he now? >> he's better. >> he's better? he likes the taste -- >> he likes ironically on tax day, he can look at himself in the face. this is the sassen finale, the second sort of group of eight, but you'll be returning in a few weeks to start shooting more? >> start shooting in 40 days, and back on air in october. >> rest up. we'll miss you. >> get back to selling campers. >> don't miss marcus tonight 10:00 east/west coast right here on cnbc. simon? ahead of the program, three of the biggest winners, first let's see what's coming up on "street signs." >> we do 23409 have key lime pie, but we've got this whole market cake baked well. we're going to dive into the

sell-off, show you some of the names of most off their 52-week high. ask herb greenberg about it, and cajoling jim cramer. we know his's prepping for "mad money." plus bier as rather unfortunate incident with u.s. airways? that's about all i can say. i certainly can't show you. is this going to be the big problem with twitter? not one forecast, but corporations afraid to engage. hopefully i won't get pumped by melissa lee today. ed that's coming up after the break. break. ♪

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we've witnessed a real strong rally. it's closing back on the flat line, the nasdaq is heading back up towards 4,000. as the stocks have cut their losses, so we have siphon a refrenchment on the treasuries, sending the yield higher. we diplomat below 2.6% for where the fixed-income market might think we are going. gold similarly has sold off. whether that's to fund margin positions elsewhere, we're not sure. these are three winners on the

session so far. you can see trip adviser, up 4%, tyler. >> simon, always agreed to have with you. that will do it for this edition. >> "street signs" begins right now. it's like mardi gras. the dow about ready to turn positive after being well negative most of the morning. this could be the 13th of the past 15 tuesdays that the dow is higher. what a turn. hello, everybody. still nerves are high. plus whether anybody is going to actually buy google glass. they're on sale today, and we are auditing the irs. find out if there's any political agenda at work. it's all about the markets, it's "phat" with a p.h. today. >> this is where the pain has been