ask your doctor about axiron. welcome, everybody, to "street signs" on the fourth anniversary of the flash crash, and still -- that is how many down tuesdays we've had so far this year. the top two reasons that millionaires give to how they get rich, and one scary creature. >> we're on session lows, mandy. by the way, how many times have you heard it's a stock pickers's

market. there has been one trend -- companies with products. look at these one-month runs, estay lauder, conoco phillips and marathon. and good old coca-cola, been in the news a lot lately. and the products are opposed to the companies that have been operating largely, with all due respect, on promises, either through growth or turnaround. twitter, we know the story. social media, best buy, the promise of a turnaround, once hot, now not. so big drops, this over a couple stocks.

and we also have herb greenberg with us as well. great to have you with us as well. >> what do you think about this that brian has thrown forward. it is ended very badly. are you interested in companies you can -- really back to basic kind of companies? i think a lot of they companies were trading at enormous multiples. and then when the fundamental growth pattern, something called the second derivative. so when things are growing 30 or 40% a year, when you have a decline in that growth rate it

happened to google at one point in time, so i think what's happening with all of these high flying tech stocks is there's been a correction because of the expect a expectati expectation when you go back to basket brands, they're always in demand, trading as modest prices benjamin graham always talked that stocks should mirror -- their multiples should mirror their growth rate. >> if it's not going into cash, it might as go into those if you look at the s&p 500, you were

looking at one thing that wasn't valued as high as the other. one month does not make a friend. >> i didn't say it did, my friend. i was pointing out that at some point you have to start the trend. people would say, where were you a year ago? so i'm showing it now. >> jim cramer had the ceo of iconics. jim baited the guy, wanted the guy to say thing are going great. he said, you know, we're seeing some strength in the first month of the quarter, but in any event, i think that, you know, money has to go somewhere. we see where it's going now. we'll see if it stays there. >> whether or not it stays there is the question here. wee only about 1% away from the dow and s&p, despite the fact

we're sitting around session lows today. we really do have to remember this has been an incredible bull market. the question is it seems to be getting choppier and choppier. the 16 multiple, that gives you about 1882. we're trading not far from that. you could say that's probably reasonably priced. if you discount a growth of another 6% or 7% next year you're talking about 1960, 1970, which is probably what most people think. i think the people that i talk to, 16 times current earnings is reasonable. i think most people would say the market is fairly priced. >> doinggone it, miles, you canadians, also using logic, facts and stats to back up your

analysis. i love that you bring you up numbers. coca-cola trading about four times revenue, right? twitter, i'm not picking on twitter, but twitter is trading at about 30 times revenue. i understand it has a faster growth rate, but investors are clearly saying it's not going to be enough. you buy companies for a lived. portfolio stakes it like 80 companies or something like that? >> that's correct. >> at what point do you say, too rich for even my rich blood. >> all the time. revenue is just ace indicate of what future profitability may be, but the only way you pay different, buy back stock, makes purchases, is through cash flow and earnings. at the end of the day, what really matters is free cash flow. what's happened -- that's why i think amazon has been so adversely affected. there's only so long that you can keep ticking the can down

the road with the future problems of profitability. lee cooper cooperman says still relative to other alternative investments, you know, treasuries, bonds, et cetera, stocks are still the best investment to make. it's just that the easy money, a plus-30 last year on the s&p, that day is gone. >> very quickly, we're talking a lot about twitter today, the sxir ace of the six-month lockup -- i know you tweet about half a dozen times a day, but do you like twitter as a stock? >> i love the company, i don't love the stock. i think it's fundamentally a sound company, it's just that it's at a valuation that for my valuation expectations, it's hard to justify. >> how much would it have to

fall for you to be interested, do you think? >> i don't buy stock foss a living, but i would say about half. >> herb? >> can i say one other quick thing here. that is the stock and the company i'm going to watching when they report earnings is solar city. i wrote it up with a big yellow flag, a red flag in reality check a while back because of a variety of issues. so this is going to be an interesting test. if they come out and say something, whatever they could possibly say that people may like, if that stock takes off again, that is the elon musk company, if that takes off again it could perhaps rekinding interest. if it says something good and does nothing, then, brian, you may have your answer on the one month versus a longer period of time. >> it won't be perfect, you get the idea. i think it's about 20 to 25 times revenue, same as twitter.

>> miles, you're sticking around. as you said, just to keep this in perspective. wee really about 1% away from the s&p from those recent record closing highs, but at this stage we're not far from session lows. on the fourth anniversary of the flash crash. >> keep in mind one thing. corporate profitability has been very good. if you've watched earnings, they have been very solid. all right. we're going to get more on that, miles. you're here for the ride. the u.s. meantime threatening a new tax-based sanction against russia. will it be enough? plus hollywood celebs like jay leno are boycotting the beverly hills hotel. the battle is getting nastier. why? all the details when "street signs" returns. transit fares! as in the 37 billion transit fares we help collect each year. no? oh, right.

you're thinking of the 1.6 million daily customer care interactions xerox handles. or the 900 million health insurance claims we process. so, it's no surprise to you that companies depend on today's xerox for services that simplify how work gets done. which is...pretty much what we've always stood for. with xerox, you're ready for real business. today is tuesday which is...pretty much whattoday, we greet you.for. 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.

violence continues in ukraine. the u.s. eyes more -- keir simmons has more. >> reporter: hey, brian, 800 pro-russian militia are holding out in a town near here, about an hour and a half away, battles continue. we hear today there have been eight killed, 16 gunhot wounds. that number may rise, because yesterday we were hearing about 30 pro-russian militia and

around four ukrainian soldiers killed. of course, we saw that helicopter downed. that was the third time in a week that a ukraine cran military helicopters had been shot down the. down the road in donetsyk, there are military men in uniforms effectively running the city. for a while the regional airport was closed to flights today. to give a sense of the sensement here, we saw one long line at a bank, people demanding their money, weren't able to get it. the people said to us, maybe if russia takes over, they will be able to bring us stability. there's a lot of animosity in this eastern part of ukraine. it's not everyone's view, but there's a lot of animosity

toward the west, toward the capital of kiev, and what is being talk about separation, they want to hold a referendum to see if that would be possible. it mean ukraine may face a difficult path, one may be a dissent into war, the other might be for kiev to leave the area, to break away. despite the fact that there are many people here who don't want to see that separation. >> keir, be very careful. thanks very much. >> what do you think about the situation it's very hard to quantify, right? >> i think the uncertainly is much greater than people expect. i think i read this morning that the president of poland believes that russia is preparing for

further military direction. putin is amoral, no fear of the consequences. >> what are the consequences? >> whatever the consequences are, they're not worried. what the impact of -- >> and why should they take us seriously so far? whatever measures have been taken have been so softball, because the president is not going to destroy his party's chances. by engaging the u.s., or the democratic presidency in 2016. miles, you were at the milken conference, pretty much everybody i spoke with whose pin on this i would respect, said they thought it would escalate if not into all-out war, then close to that, because putin knows that the president of the united states, right? is not going to engage in a military conflict and sanctions are really the story of europe, because we're not going to be that affected.

>> i great deal with you 100%. his popularity is getting encouragement from his people. his encouragement being -- we protests growing outside beverly hills hotel, it's an interesting story. just give us a little more feeling on what the latest on this is. there is arguably the most ike is nottic getaway. it hosted countless of celebrities. this is the building that was featured on the cover of the eagle' "hotel california" abum. but the very same people who made it a landmark are now

boycotting. jay leno, clive davis has reportedly moved out of his bunk allow. virgin employees won't be staying at the hotel, and a number of locations, cluck jeffrey catsen burg's famous night before oscars party has been relocated. why? shariah law in bruin eye. so the sultan has been rolling on the a three-phase implementation of an extreme form of shariah law that would essentially see adulterer es and homosexual facing harsh penalties, so we have reached out to -- and actually just before i got on cam are found out i'll be speaking to the ceo in the next couple minutes to see what he has to say. so far on the record the comments he's made in the last

couple days are these boycotts and protests are misguided, and ultimately this will only hurt employees. that being said the city of beverly hills does not seem to agree with that. they're actually holding a city council meeting and on the agenda, whether to ask the government of brunai to divest itself of the hotel. we'll see what happens at the city council meeting tonight. >> thank you very much. obviously you want to punish the sult sultan, they they can do what they want in their country. in our country this has no place. the do recall chester collection of numerous hotels, brunai is invested in that. i think action could be taken there. is there anything else that can be done here? >> well, i think if you go back, the fundamental principle was they've had all the this money from oil and they would put into safe havens. so it was pell received to put

it into high profile trophy properties was safe haven. and it is, except for one thing. the expectation is that will you conduct yourself within the morality and the laws of the country you're operating within. they're not. so the implication is that what they are doing is adverse to everybody, not only the employees but also its just horrific behavior that should not be accepted. i think the government should intervene, and i think, you know, the only thing the employees can do together is boycott. >> how about this? how about this, mandy? would you approve of this, right? nobody wants to be the bellboys and cooks and parking garage guys, nobody wants them to be punished, right? but yet the boycott probably is a good thing to send a message. all of hollywood should dip into the collective pockets, and help

out the people that work at the hotel until revenues are back to normal. would you go for that? >> absolutely. absolutely. you don't want to hurt the people that really -- they're just innocent observers. they're caught in the crossfires of it all. i think the other thing is that other hotels can band together as well to support the staff, because it's not a huge -- these are not huge organizations. a bit of money would go a long way to easing that, because at the end of the day, the only way to hurt them is in their pocketbook of the owners, and the only way to do that is for all residents, as well as all investors to boycott the properties. >> mind you the pockets of the owners are unbelievably deep. i'm not sure whether that message would have any impact, but i think it's a noble idea nonetheless. four years ago to the day, folks, wall street broke, and it all played out right here on this show "street signs." we're going to be taking a trip in the "street signs" time machine. first time for today's

mystery -- we do this almost every day, no name. there's your chart. we did this one in honor of you, because this is the top performing stock in the tsx index in canada year to date. think about it. we'll take your guesses on twitter. we're back with the answer, coming up. ♪ ♪ ♪ [ male announcer ] great rates for great rides. geico motorcycle, see how much you could save. [ male announcer ] great rates for great rides. and it feels like your lifeate revolves around your symptoms, ask your gastroenterologist about humira adalimumab.

humira has been proven to work for adults who have tried other medications but still experience the symptoms of moderate to severe crohn's disease. in clinical studies, the majority of patients on humira saw significant symptom relief, and many achieved remission. humira can lower your ability to fight infections, including tuberculosis. serious, sometimes fatal events, such as infections, lymphoma, or other types of cancer, have happened. blood, liver and nervous system problems, serious allergic reactions, and new or worsening heart failure have occurred. before starting humira, your doctor should test you for tb. ask your doctor if you live in or have been to a region where certain fungal infections are common. tell your doctor if you have had tb, hepatitis b, are prone to infections, or have symptoms such as fever, fatigue, cough, or sores. you should not start humira if you have any kind of infection. ask your gastroenterologist about humira today. remission is possible.

this is twitter's second worst day on record. you have the expiration of the six-month lockup period, so that's weighing on the stock, which has already taken a bit of a beating. there's a lot to get through. athena health is getting crushed today, almost down as much as bier. these are comments from green light capital. this is not a misquote, the stock could droop 80% or more. he thinks it's caught in a bubble. it's one of those cloud names. >> let's look at tenants health

care, back on track after posting a smaller than expected loss after the bell yet. >> they noted the first quarter earnings lost narrowed by smaller revenue. this was an interesting comment, the ceo saying emergency rooms are just as crowded as ever. we obviously hope to alleviate that right now they're still packet. >> targets getting a cut to neutral at mkm, the firm also slicing their target price. >> obviously they're saying we don't see a lot of up side. it comes on the back of the ceo firing today. they say it could lead to positive outcomes. you know sometimes when ceos who are perceived as bad managers, the stock goes up this stock

continues to go down, so maybe investors are saying the xeek has other shies as well. stifel nicolaus target to 110, city upgrades to a buy, most bullish of all, wells fargo, they do ranges, now numbers, 120 to 130, so they see about 20% more up side. today's under the radar name is broad sock. >> so this is a maryland based voip software company, who says despite the pullback, potential up side outweighs the risk, stock down about 25% this year, their target 27. that's about 30% up side. two big video game companies are out with earnings after the bell. josh has a preview. >> both activision and

electronics arguments reporting after the close today. for activision, they want ten cents on revenuesh investors, though, they want to hear more about destiny. that's the upcoming game, which could be a real blockbuster, drilling into electronics arts, analyst forecast 11 cents on sales of 812 million. electronic arts is really synonymous with video game football. the company has sold more than 100 million copies of its madden nfl games. in fact ea is the video game sports powerhouse. the company generation 1.6 billion per year, way more than rivals seven's take two or sony, but evan wilson of pacific crest says madden is no longer profitable as it once was. that's that el a has to ea generates from the revenue, wilson says, now goes to the nfl and coach madden.

others on the street disagree. it's real money maker isn't football, but soccer. but from 900 mill friend from the fifa soccer franchise. he says that franchise should enjoy a bump in sales as excitement builds around the upcoming world cup. ea stock is up about 23% and nearly 5% in the past 12 months. ryan, back to you. >> who knew soccer was so being? do they play soccer in australia? >> yes, it's real by. the mighty mighty soccer roos. on your technicals on your fundamentals is colin sebastian of baird. jonathan i'm going to start with you, and this really is one

driven by the technicals. what are you seeing right now? >> the first we can really see from the long-term chart, if we go back about ten years on ea, made this large multiyear top, broke down below $40 in 2008, then from 2009 to to 13, kind of did the opposite, made a nice multiyear base and last year finally broke above that base. we think as long as it stays above that support area, you can own the stock and potential look for a move back up to that breakdown level around $40. >> what about the fundamental side? is that backing up the work we've been hearing about in the technicals? >> it's an exciting time for the video game industry for sure, there's a new up swing of console sales, mobile devices and app.s from game makers are killer app.s in some of those platforming. for electronics arts, we think 'provens -- some of the product

is in the rear-view mirror. we would rather be buyers on pullbacks. >> thank you very much for joining us today. that's in partnership with yahoo finance andfuls at cnbc.com/talking-numbers. guess today's mystery charge. here's our hint, the number one stock in canada's main stock index. that answer lies ahead. it's honor of miles, who's our guest host, over there waiting for us. plus kind of like a scene out of the "dallas buyers club" pushing ahead laws that will allow people to try unapproved drugs. that's when "street signs" returns. tdd#: 1-800-345-2550 trading inspires your life. tdd#: 1-800-345-2550 life inspires your trading. tdd#: 1-800-345-2550 where others see fads...

tdd#: 1-800-345-2550 ...you see opportunities. tdd#: 1-800-345-2550 at schwab, we're here to help tdd#: 1-800-345-2550 turn inspiration into action. tdd#: 1-800-345-2550 we have intuitive platforms tdd#: 1-800-345-2550 to help you discover what's trending. tdd#: 1-800-345-2550 and seasoned market experts to help sharpen your instincts. tdd#: 1-800-345-2550 so you can take charge tdd#: 1-800-345-2550 of your trading. the numbers are impressive. over 400,000 new private sector jobs... making new york state number two in the nation in new private sector job creation... with 10 regional development strategies to fit your business needs. and now it's even better because they've introduced startup new york... with the state creating dozens of tax-free zones where businesses pay no taxes for ten years. become the next business to discover the new new york. [ male announcer ] see if your business qualifies. become the next business to discover the new new york.

it's all about latency. about speeds and feeds. it's all about how fast does it run. i often sit with enterprises who ask me about how mission critical and how's the performance of the cloud. and i tell them, if you can maker gamers happy, you can make anybody happy.

trwith secure wifie for your business. it also comes with public wifi for your customers. not so with internet from the phone company. i would email the phone company to inquire as to why they have shortchanged these customers. but that would require wifi. switch to comcast business internet and get two wifi networks included. comcast business built for business. 9 mistery chart, time for the big reveal. it was the best performing stock this year on the tsx, detour gold. it does not trade here in the u.s., ticker dgc. it is up a cool 178% year to

date. here's the thing about this company. i looked them up. it says they've got a highly experienced management team on their website. that is comforting, because if it said we have no experience and have no idea what we are doing, i might be concerned. >> talking of cool, this is kind of interesting. we've been talking about the escalation over in ukraine. it's clearly not help gold. and this is also despite the fact that the dollar is around an eight-week low. normally you get a bit of a lift, but certainly doesn't seem to be helping gold, at least today. call it the real-life dallas buyers club, lawmakers in four states athinking about changing the rule to terminally ill patients to experiment ago drugs. let's bring in the director of

the bioethics programs at the university of miami. i do believe you are against the right to try? >> indeed i am. despite the seductive name, it's a bad idea, including the way we have come to protect human subjects in research over the past century or so. it sounds like anytime you put the word "rite" in something it sounds engaging, but we're worried about desperation being the driver of good science. >> if you're disoperate, if you are faced with the end of your life, wouldn't you just try anything? i know i would want to try absolutely anything even if there's a chance of terrible side effects, even if there's a chance it could end my life even sooner. i would still have a crack at anything, ken. >> well, i'm not sure you really would if you were completely aware of all the possibility possible -- of those side effects. the idea that you're facing oblivion and therefore give it a

go might recall exactly when we know when you're going to know, and we know that. many experiment ago drugs could kill you sooner. it implies this belief in miraculous interventions and hundreds of years of research will change just when you happen to enroll in trial. rarely does it work that way. >> my best friend died of brain cancer five years ago, and he tried anything he could at this point, but you've got to admit, ken, the system of drug testing seems to be at least a bit broken, stories of people selling their bodies effectively to numerous drug companies, not revealing they're on one drug, taking another, don't you agree the system needs a fix regardless of whether this is the way to do it? >> my first thought, actually when i learned about the idea was i certainly hope the people who are advocating most ardently for it are also willing to increase the budget for the food

& drug administration. it's hard to get at goldilocks right if you're testing devices. you'll always be criticized for being too slow or too fast. >> but it takes the fda about ten years to complete a clinical trial. i don't know whether that suggests the system is broken, but ten years seems like an awfully long time. >> in fact sometimes even after those ten years is when we have people taking the drugs it's not until in large population studies we learn the read side effects. the process is maddening slow if you're sick, i get that. that's why we need to make sure we have adequate funding for the niismt ih to develop better drugs, but the idea that the therapeutic misconception, as long as it's being studied, it's worst a go i think undermines the entire scientific interperu. >> the basic issue, is it a human being's right once they understand the issues, the

implications, the side effects, they understand it could terminate their health and lead to earlier death, but if they want to try it and they're at a point where they are destined for mortality, should it be their right? >> first of all, we are all destined f e ed for mortality. >> the issue from my perspective is there could be wonderful drugs that haven't made it through the system. the reality is the process is so slow, and you could have miracle drugs that are ready to go to market but just don't have fda approval. if somebody wants to try it, not some witch potion, but something that has scientific clinical success, if they want to try it, why -- >> we call that compassionate use, and there are some circumstances where an experimental drug can be made available. what you don't know, whether

it's a right or want. i'm not sure there's a right that imposes duties on other people to help you with it, but if there's a right, be careful about what it discusses to the scientific process. we get very data when we have strict inclusion and exclusion, if the desperate patients are willing to subject themselves as well, it will require additional costs. you don't just give it a go. ible to make it part of the process, and that's going to require biggers budgets. >> difficult and emotional debate. ken, we appreciate you coming on. thank you. the tea party and occupy water movement are actually not only maybe more alike than you might think, they might actually be meeting to discuss common causes, according to ralph nader, but first we should coming up on the exact minute of the famous flash crash when the dow lost nearly 1,000 points literally in a flash. in the meantime, talking of the

new york stock exchange, let's get straight over to bill griffeth and kelly evans for a quick preview. >> mandy, brian, thanks. coming up on the show twitter shares are down significantly today and more than 40% for the year. the question is whether unfortunate buy or swell sweater at this level. we have a stock brawl coming up. a new study find female ceos are more likely to be forced out than their male counterparts. carly fiorina weighs in. buckle your seat belts, it could be a wild day of aft afterhours earnings. a whole lot happening after the bell today. plus that last hour of trading that's always so entertaining, see you at the top of the hour with the iceberg and the "closing bell."

in today's market, a lot can happen in a second. with fidelity's guaranteed one-second trade execution, we route your order to up to 75 market centers to look for the best possible price, maybe even better than you expected. it's all part of our goal to execute your trade in one second. i'm derrick chan of fidelity investments. our one-second trade execution is one more innovative reason serious investors are choosing fidelity. call or click to open your fidelity account today. afghanistan, in 2009. orbiting the moon in 1971. [ male announcer ] once it's earned, usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection. and because usaa's commitment to serve current and former military members and their families is without equal. begin your legacy. get an auto insurance quote. usaa.

we know what it means to serve. really... so our business can be on at&t's network for $175 dollars a month? yup. all five of you for $175. our clients need a lot of attention. there's unlimited talk and text. we're working deals all day. you get 10 gigabytes of data to share. what about expansion potential? add a line anytime for 15 bucks a month. low dues... great terms... let's close. new at&t mobile share value plans. our best value plans ever for business.

check out shares of b.e. aerospace. a little gyrating trade after reuters is reporting that the company is not in advanced deal talks. yesterday the company said it was considering putting itself up for sale, exploring alternatives. the stock is up about a percent

and a half, but spiking lower on these headlines -- >> you're not dropping three or four hundred points. >> when i came down, suddenly down 300 more from when i sat down here. >> just went through the december. >> they're saying when i asked them what the heck is going on down here, i don't know. this is capitulation. it is classic capitulation. >> okay. that stock is there, you're just going by it. >> a few minutes ago, that stock -- >> steve want what's going on? >> we saw panic, a quick dip, guys came in to buy gold in a hurry. >> i want to go on the record as we get ready to hand it on, i think we've had the most exciting history in "street signs" history. >> i would disagree with that statement, with all due respect. at this very moment the dow crashed in minutes falling by about 1,000 points only to

recover just as quickly, the biggest one-point decline in intraday, and bob pisani i understand still gets the night shivers. >> it gives you the heebie-jeebies, because it came out of the no where are. there were concerns that day, but nobody thought it would drop 700 points. >> by the way. that happened outside the new york stock exchange. there were still old rules down here about how far up stock could trade in a certain period. they had internal rules. procter gamble traded down big, but not here. that's one of the reasons they implemented the systemwide circuit breakers. that was the big effect, and it's proven to be working pretty well. they refined them, had the limit up/limit down rules. it's a little complicated, but

by and large it's worked well. we still need to do better. the still still has a lot of flaws. it's creaky. there's too many points of failure. i like what they have been doing so far. >> and talking of needing to do more, one of the aftereffects of all of this, thanks in part to michael lewis is the fact that the discussion about what contributed to the big move, that's being moved to the front burner as well. >> i think that it's definitely evidence that they were a factor in it, not only the only -- they provide bids and offers, and when things go south you're a fool if you don't think that was at least a factor. with all that said, i'm not expecting the s.e.c. to make very broad reforms because of the michael lewis book. here's why. i think they're not that unhappy with the overall market structure right now.

decent pricing in terms of the cost. they were concerned about mini flash crashes. i think they want to tighten some of the bands somehow, but by and large i think they're pretty happy. here's one thing, dark pools, 40% of trading in the dark pools. i think that worries them. i think you are going to see some proposals, very modest one that might require dark pools to provide better pricing, price improvement than the exchanges provide. if that happens, and i think it will, it will be a limited pilot program and they'll see what the effects are. >> we've had a bunches of flash crashes since then. they were just small and individual stocks. >> the reality is, the scary thing is the dependency that investors have on electronics trading, electronic trading represents the vast majority. as soon as somebody sees a chart that breaks down, all the machines go after it, and you have those small flash crashes that you referred to, and then it becomes a self-perpetuating

situation, where the fundamentals donnell break down as badly as the stock does at that time. we're going to talk more about this and various other things, but we're about to unveil cnbc's first ever millionaire survey. robert frank will join us and what the millionaires said why they're rich and why the poor are poor. and a reaction from ralph nader. don't go away. y. in a we believe outshining the competition tomorrow requires challenging your business inside and out today. at cognizant, we help forward-looking companies run better and run different - to give your customers every reason to keep looking for you. so if you're ready to see opportunities and see them through,

we say: let's get to work. because the future belongs to those who challenge the present. at afraud could meanuld blower credit scores. and higher mortgage rates. it's a problem waiting to happen. check your credit score, check your credit report at experian.com. (music) defiance is in our bones. defiance never grows old. citracal maximum. calcium citrate plus d. highly soluble, easily absorbed. woman: welcome to learning. spanish in the car.c on. passenger: you've got to be kidding me. driver: this is good. woman: vamanos. driver & passenger: vamanos. woman: gracias. driver & passenger: gracias. passenger: trece horas en el carro sin parar y no traes musica. driver: mira entra y comprame unas papitas. vo: get up to 795 miles per tank in the tdi clean diesel.

the volkswagen passat. recipient of the j.d. power appeal award, two years in a row. could mean less waiting for things like security backups and file downloads you'd take that test, right?

well, what are you waiting for? you could literally be done with the test by now. now you could have done it twice. this is awkward. check your speed. see how fast your internet can be. switch now and add voice and tv for $34.90. comcast business built for business. cnbc out with its first ever survey of millionaires and who better to bring that to us than mr. millionaire himself. >> have that next this-to-him. >> pre-millionaire and post-millionaire. >> there really is no secret to becoming wealthy. for american millionaires it starts with one thing and that is hard work. our first cnbc millionaire asks people the number one factor behind their wealth. hard work, 23%, followed closely

by smart investing and savings. inheritance played a small role and when it comes to occupations, the largest number of millionaires are professionals, accountants, lawyers, doctors and professal managers and also teachers, a pretty large share of this group. they do have some surprising views of the poor. when asked the number one reasons why americans are in poverty, 42% said family environment. almost 18% cited a lack of hard work and they say the nonwealthy are battling much more structural barriers to their success so they -- it's not like, therefore, you didn't work hard. >> very interesting. yeah. let's get some reaction to this survey and brick in ralph nader, consumer advocate and author of "unstoppable." great to have you with us. what do you think of the findings that robert frank gave us? >> self-delusion. most of the rich, they come from

either inheritance, cronyism, you know, family contacts, know who more than know how and above all corporate welfare. they make money from media license, using the public air waves free, real estate magnates, huge guarantees and subsidies and they have to live with themselves and say it's hard work henry ford. >> maybe we're both right in a sense, the survey and your own views. you could be a mid-level worker at a company that happens to go public and you become a millionaire on paper because you got stock in the early days or you could be with a gentleman that started with $500 and busted you know what and built a company. can't both be the correct example? >> the latter example is true, but it's in the gross minority. most of it -- like warren buffett said.

it's the lottery, luck in life, and all of these -- government research and development that's built all these industries, biotech industry, a lot of the pharmaceutical drugs come from nih. you know, the internet, the computer industry, containerization industry. i mean, let's face it. there are few people that are in the right place at the right time that haven't really rolled up their sleeve much. others that work very hard and they earn what they got. >> mr. nader, going forward, there's greater opportunity than ever to become a millionaire, to create wealth from nothing, to be a rags to riches story if you are smart and hard working. >> there's greater opportunity, more than any other time in the past. >> absolutely. >> there's also more capital and the rate of change in business are making it so that it is

somewhere in a short period of time. >> a lot of making money from money speculation, wall street, a lot of billionaires and multi-millionaires. what we want is making money from productive activity. >> more and more people are starting businesses than ever before. more and more women starting businesses. more and more people from all kinds of socioeducational background. >> i would agree, and in your book, and i haven't had time to read your book, and it's called "unstoppable." you talk about something called the corpitivities. what is that? >> it shows corporations should dominate our company, the divine right, control our government, control our food and water and air and commercializing childhood, and this book is about an emerging left-right

alliance to dismantle the corporate state. i was talking to ed crane, head of the kato institute. he said, ralph, i'm against corporate subsidies and against the patriot act's restrictions on civil liberties. i'm against unconstitutional wars. that's pretty good start, and there's now a left-right alliance pushing for a restoration of the minimum wage. it's against corporate welfare what the right call crony capitalism. they want justice done on the wall street crooks and pull back on empire the way ron paul has spoken about and do something about the bloated military budget. ron paul got to congressman barney frank, for heaven sake, to start a caucus in 2010 on that. i think that's the coming breakthrough here and getting something done in this country, and this book is really written for thinkers, doers and people who are serious about the future of the country.

it's very clear. it's historical. >> thank you so much, and for those that are interested it's unstoppable. mr. ralph nader, thank you very much for joining us. >> thanks for the footnote. >> all right. >> imagine even barney frank. imagine being on a fishing trip and catching that. unitedhealthcare's innovative, simple program helps moms stay on track with their doctors to get the right care and guidance. (anncr vo) that's health in numbers. unitedhealthcare.

today is tuesday 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.

to prove to you that aleve is the better choice for him, he's agreed to give it up. that's today? [ male announcer ] we'll be with him all day as he goes back to taking tylenol. i was okay, but after lunch my knee started to hurt again. and now i've got to take more pills. ♪ yup. another pill stop. can i get my aleve back yet? ♪ for my pain, i want my aleve. ♪ [ male announcer ] look for the easy-open red arthritis cap. you love this game... but does the game love you? who cares? look where you get to stay! booking.com booking.yeah! . it looks like something that should come bursting out of the

movie in alien. it's real and a goblin shark, recently caught by florida shrimp fishermen. of course, they let it go which is the fair thing to do because it's the second time ever, brian, that one of these beauties have been seen in the gulf of mexico. normally they are off the coast of japan. >> from something ugly to beautiful. >> hey yellow to our newest "street signs" member, nolan john natale. andrea our producer and joe at home welcomed a new baby boy into the world yesterday. can't wait to meet the little guy and hope brother julian is doing well. andrea, if you're out there, we love you. >> big shout-out. >> good to be here. >> thank you, miles. >> and thanks for watching "street signs," everybody. "closing bell" starts right now. >> welcome to "closing bell." i'm kelly evans here at the new york stock exchange where stocks have been