is up. the stock market and the bond markets telling kind of different stories. >> forred past week or ten days or so. today a bit of a reversal, but you can't always go straight to the sky, can you, see? >> no, you cannot. that's true. that will do it for "power lunch." >> "street signs" begins right now. see you tomorrow. could an obscure legal ruling in europe become very bad news for google? hello, everybody. it is the story you probably aren't talking about yet, but you need to. plus how mark zuckerberg and his $100 million got schooled on new jersey politics. why mark cuban might be wrong about how much the l.a. clippers are actually worth and another tv anchor rant -- can you see only half the head there? that was good.

>> so a slow today in the markets there. how about a pop quiz, brian? i'm just kidding. we are done with quizes, at least for this week. take a look at what the markets are doing. only yesterday, folks, we closed as a report for both the dow and the s&p, so it's kind of interesting when you consider that exactly halfway through q2, the s&p and the nasdaq are actually on track for the worst quarters since q4 2012. >> you could have thrown that as a quiz. >> i could have. >> it is said the intranet never forgets until now, that is. the highest court in europe ruled that google and other search operators must delete search results request. some call it the right to be forgotten. check out some of the headlines from major publications. new european ruling, a game

changer for u.s. company. "usa today" "wall street journal" headline reads google faces challenges in europe after privacy ruling. the f.t. talks about work to -- web groups brace for a flood of data requests. patry also worked at google, correct? >> i did, almost five years. >> you probably liked the company, so let's slam it in your behalf. no. people don't know what it means yet here. some say could be a big deal, some say not. what do you think? >> i think people are thinking a lot about what is the potential impact on revenue? these aren't pages that google can easily monetize. these are human pieces of content, so i don't think that's necessarily going to be a huge issue from a revenue perspective. there could be costs, because there will be real compliance issues around hiring people to manage this.

>> do you agree there could be a flood of data requests? >> all of this is a basic right of an individual to control the content maybe about them out there on the internet that wish to be forgotten. do you think people will make that step? >> i think a fair number will. when you look at google, google has copyright concerns they have to deal with on a per-second basis asking for content to be removed, because that content is damaging to a company. the reality here in the states is companies are people. so i wonder if, in the eu that could be translated as well, but i don't think necessarily there will be quite the maelstrom that people think it will be. >> i understand patrick's point of view, but this is the highest court in europe, effectively they're a supreme court for the eu, and this strikes at the core of one of google's main businesses. i'm surprised at some of the sanguinity out there. >> i'm surprised as well. google has made modifications over the year. copyright is one. they most recently made some

significant modifications around search linking to child pornography, so they have shown they're not just the impartial holder of all links, the direct traffic where traffic wants to go. they can put more control in there, but this does seem like an awfully slippery slope. there's a lot of people who would rather have the story of their life on the internet be alternates prettier, and now the eu is giving them a way to make that happen. >> probably everyone wants that. do you think that's going to happen in the united states? do you think we'll see the same kind of move? >> i haven't heard nearly as much talk in the united states about the so-called right to be forgotten, which is a big talking point in the eu the last couple years. it seems the way people think about privacy here is a bit different, but no one is more vain than folks in the united states, so i can imagine this will be pretty appealing here as well. >> i don't want to take as an

aggressive a stance as that, but remember this content is not being removed, just removed from google search results. so that content will still exist. >> and we're not picking on google here. it could be facebook, right? it could be other search engines. i hear there are other search engines. nobody appears to have used them. >> in europe google has more of a monopoly on search than here. i think they have more than 9 on% of market share, so its primarily google. also facebook generally keeps your information out of the search indexes, because they like to hoard it for themselves. you're right, it totally applies to everyone else. >> you bring up an excellent point. you talk about that first step. that's why i think this story is important. it may not be important on its face, right? but if the courts take this rule then expand on it, then expand on it, then expand on it, google wants to have driverless cars, so they'll know everywhere we go. this could be that first sort of

prick at the balloon that takes away or brings back to americans some measure of privacy. >> it's possible. i guess i would not go that far. i don't think this is about privacy in the way that it's going to be applied. having google livened to something that talks about you is not necessarily a privacy issue, i think it's more about how you want to present yourself to the world issue. i think -- just imagine, this just seems like the eu better open a big old department of people complaining about google. >> patrick ace point. what if 10 million people approach google and say, you know that story about me running over a squirrel while riding a bike drunk and naked? i want it removed. >> 90% of eu is google, that's a huge number. remember, the internet is google to everyone. what i mean about that is the

internet -- google is the internet for search, it's for browsing, it is for with chrome, it's for mobile. >> but you don't think that's going too far to say they're evil? ivities as a former google employees, i would like to claim they aren't. google represents of universe of the internet for so many users. >> and of course we'll be watching to see how much further this could go, and we have a content-sharing partnership with google. talking of google. it's now making google glass available to anyone who wants them. it also, you know, is going at a $1,500 price tag, but the success of the one-day sail last month, the company says it's moving to a more open about etta testing. by the way ihs says the it will hardware and manufacturing cost, brian is only about $152. that's an estimate, right? thooismt selling it for $1,500. and there's talk that

samsung could release gear glass as early as september. >> if somebody treat ed this as wheel of fortune, buy a "g." we're going to try to break out ye old crystal ball where mortgage rates are likely to go. and time for today's mystery chart. can you name this chart? your first hint is the name of one hip products into the oxford english dictionary, 1986. >> apple. >> wrong. >> pear. ♪ ♪ by next year, it's predicted

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♪ your ticket to a better night's sleep ♪ ten-year yields down again, their lowest levels since october. let's get down to rick santelli. i've got to tell you, rick, there's a few mistries out there -- how did i ever end up on television, stuff like that? this one has to be right up there. what's going on? >> brian, i know you have a big show and you're a cool dude, but all you have to do is watch me just a couple minutes a day. to me i think this has been the easiest trade i've seen in a long time. for a variety of reasons, the biggest reason is here we sit at 254, lowest since the end of october. okay. we have spain's yields just a little above us in the 2810s france's yields way below us,

bund yields way below that, in the 130s, and these dynamics have been in place. our treasury market is cheap compared to other treasury markets that look expensive, because the quality of their economies isn't as good. and sellers, okay? sellers were burnt, burnt in january, what's the motivation to sell? i understand that we don't need to see buyers out there, but i think the economy, no matter what you think of it most likely, unless some act of god happens we're not going to average 3%, especially with the start of the first quarter, so no reason to sell on great strength. we can argue how many are buying it, but there's also the collateral issue. there's a real shortage of good paper. why? because centering banks sometimes don't know the unintended consequences of them buying and hoarding all the really good pay. it's all those reasons. geopolitical?

that's one of the reasons most people are saying. it's like westerly retail sales didn't give us a big bump. when are we going to stop talking about that one? >> i do watch you, the santelli exchange can be seen every day on "squawk on the street." you see? it's not that hard. >> you make it sound so easy, ricky. two minutes aday is all we knee and we could be geniuses like you. thank you, ricky. >> i'm scared. >> i'm scared. very scared. mortgage rates obviously very much tied to what's going on with what interest rates are doing. they have fallen to the lowest levels since november. let's get to diana olick with more. that's got to be good news, diana? >> reporter: it certainly is mortgage rates at six-month lows, because they loosely follow the yield the average rate on the 30-year fixed conforming mortgage phet to 4.39 last week from 4.43%.

not a for huge, but rates had been above 4.5%, pushing applications to refinance a mortgage up 7% week to week seasonally adjust, just that little drop. you would think most people would have re-fied, but some borrowers are moving. but to note re-fis are still down 70%. applications to buy a house westbound flat to slightly down, down 12% from a year ago. rates have been hovering around 4.5%, moving up a little, moving down a little. now, some had predicted that rates would be above 5% by now, but of course, we haven't seen that, we're not expected to see that. the big question is, is it all about the rate in the housing market, or is it more about that credit availability that we've been talking about so much, guys. >> diana, thank you very much for that. interesting stat.

she's saying that refis are down, but we've discussed it rgets to what degrees were they artificially accelerated and high anyway, right? >> i think -- i want to be on the record, i think re-fis will be the greatest pain in the housing market's you know what for the next 5 to 10 years, you re-fi, a couple years later rates normalize, you have another kid, housing prices are up, interest rates are up, you suddenly realize i can't afford the extra payment, maybe i'll just add on to my current home. everybody is jumping through hoops about refis, but i think, and i hope i'm wrong, that this boom could be very negative for housing over the long haul, as people stay put. you know what happens to booms. >> what happens to busts? >> they go to boom again. >> yeah. steve liesman is constituenting somewhat amusedly, first off, did you understand alan

greenspan? >> i did. since he's left office, it's been easier. the second month in a row that's happened, has the street buzzing with inflation fears, add to the chorus of the concern allen greenspan who was just asked about the ppi numbers at an interview at the washington, d.c. conference. >> now, i'm not forecasting inflation is about to run. i doubt it very much, but the presumption that it's no longer on the horizon i think is a mistake. >> he was speaking at a peterson foundation summit. bill clinton and chris christie were there. he'sle spoke about the problem of too big to fail. >> jpmorgan is a fannie mae/freddie mac type of institution, because they are indeed too big to fail, and taxpayer monies will come in to

hold them up if necessary. >> greenspan made his remarks when asked about the reliability of future -- he said bailing out the too big to fail banks are liabilities the government should count. had he been so plainspoken when he was in office, i might have hair. >> did we just hear the former federal reserve chair effectively say that jpmorgan chase han an employed guarantee? >> that's precisely what he said, not only jpmorgan. he expanded his remarks in the sentence to including all the quote/unquote, too big to fail banks. >> just so we can be clear, because i want to make sure i'm not dreaming, it means the moral hazard issue remains out there. jpmorgan chase effectively can do what it wants, get crushed -- >> and the taxpayers will come this to bail it out. there's a massive debate essential that todd/frank solved

the too big to fail problem. many people say no, although the response of the critics is you've raised can capital levels, and you've had made the bank safer, you've also raised the cost of being big, so there has at least been some attenuation of the concern. >> thank you very much, steve liesman. >> my pleasure. all right. i'm still reeling from that, by the way. >> it's a quote. >> it's a big story. it's not picked up. we just did. we are the news. i hope somebody picks up that satire. are the l.a. clippers worth more than a billion? mark cuban sure thins so. >> a must-see video of the day, another anchor going on an epic rant. we'll tell you why, when "street signs" returns. (announcer) scottrade knows our clients trade

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welcome back to "street signs." brian, listen up. little old you, i think you might have start add movement. after your impassioned speech yesterday, we found this gem. it's a news anchor in south dakota that sounds off on viewers who complained about breaking in for tornado

coverage. >> you know, i was -- i felt bad for having to interrupt folks' tv shows, but i tell you what, i'm glad i did. >> quit calling and ripping sean for being on the air to save people's lives. that's proof they heard it, no show is as important as someone's life. you aren't going to go on the air if it's not important, and people just berated our station for him being on the air. i tell you what, if it was your home and your neighbors, you would feel differently, so please don't do that. that's not nice. >> good for her. that is all i'm going to say. >> can i slam us for a sect? look at our graphic. news sank ore goes on emible rant. i have seen some, i have done some, but that's not epic. epic could joint my list of five bansed words already this year. >> i go into the cafeteria, what? you don't have my favorite hot sauce? and suddenly it's an epic rant.

it was an impassioned speech. >> south dakota is so nice, it's hard to do anything ethically. don't complain, you know. >> good for her for standing up. meantime, you betcha, mark cuban said the clippers are worth well more than a billion. they have a lot of value, no doubt, but more than a billion? let's bring in the executive editor of "forbes." mark cuban is successful, happens to own a competing basketball team. if the clippers sell for a billion, the mavericks are worth what? 17 trillion? >> they just had an investment bank tack a look at their books. they're going to put 20% of the team for the sale. the nets better valued at a billion. the nets do about $50 million more in revenue than the clichers.

although i have to tell you, mark was dead-on. he told me a few years ago what would happen to team values when they got a new collective bargaining agreement with a lower salary cap for flair, and he was right. the bucks just sold for $550, but a billion and a half seems high. >> cuban, with all respect to him, he's been on our show, a nice guy, i'm sure speaking with a bit of self-interests, you put the clippers tv deal, a premium for playing in l.a., all things together, isn't it possible it could be at least a billion? >> i think a billion is very plausible. as you mentioned, they get a new tv deal. if you use the same multiple of revenue to value the clippers that you did the bucks, you get to 700 million. if you take that new tv deal, they're currently getting about $20 million a year, probably that will go to 7 on, 75. 5 gets you up another 200 million or so in value.

then if they're going to force sterling out and don't want a protracted -- they may have to get a group willing to pay a premium above that in order to get them to sell, he and his wife through a trust. >> who do you think will pull it together? >> there's a lot of hedge funds -- those are the -- >> chris hansen, the dark horse, the guy that tried to bring back the supersonics. >> well, that's plausible, too. it will probably be a consortium and guys with what the dead limit is in the league, they'll have to come up with about $700 million in equity. i see that on wall street, and maybe you get a guy who's been in sports, a magic johnson,

somebody like that as a front man like he is with the dodgers, to represent the team. >> thanks for coming back on. we appreciate it. i'm sure the story has not played out. >> no, not by any means. thank you. we are calling them triple-threat stocks beats earnings, beat revenues and beat guidance in the first quarter. they're coming up. and you still have times to guess the mistery chart. with you mo iconic products got its own entry into the oxford dictionary in '86. also the second hit is the very first mass produced product was a wooden rice cooker. the answer when "street signs" returns. do you know? >> no, not yet. i make a lot of purchases for my business.

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with the mobile trader app. that corporate trial by fire when every slacker gets his due.

and yet, there's someone around the office who hasn't had a performance review in a while. someone whose poor performance is slowing down the entire organization. i'm looking at you phone company dsl. 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. hump day street talk time. i've done this, so it's really super important. >> first up, netflix, defending the stock, getting a nice pop. >> 351.50, pacific crest says its estimates show

acceleratingsh and also thinks subscriber addition -- their target, mandy, 520 a share, yeah, 48% upside for netflix. >> and then again -- [ whistling ] >> there you go. >> akamai, showing accelerated media traffic in may. >> at the take what it can go ahead. >> up to an outperform, targets $31. today two days we talked about how mkm partners upgraded pandora and slapped their $32 targets. stocks at 24, so about six, seven bucks to the up side.

who on earth? i'm -- so you're asking and the viewer is asking, who are these? >> basically they're based in california and they make, and satellite telemetry items, also. the stock is down 40% this year, that's not a drop. that's a tumble. their target. >> and finally today's under the radar's name is libby. >> okay. i guarantee you you use a product at home. they make glassware, spiegel, wineglasses, i know you're into that kind of stuff, drinking. >> because i'm an australian? >> toledo, ohio, issued to outperform. their target, the stock is at $26, so about 14 and change worth of up side.

they make other stuff, too, restaurant equipment, et cetera. >> let's talk numbers, a daily look at a stock. >> what do you do with macy's now? good to see you guys. david, fundamentals, give it to us on macy's. >> look, i think it was a decent quarter i think they managed the business very very well. i think that's the key. you look at what we want this morning for the space. john curlen came out and said it's just consumer spending. in '13 it was all about the home. now we're starting to see a shift from that into clothing and apparel. so macy's can benefit from that.

i think you're looking at an environment where j.c. penney's and sears are hemorrhaging market share, so they could take market share as they start to break down. i think the stock is relatively cheap, trading at 13 times this year's consensus cps estimates. and i think they've got scale as well, which is something that a lot of people aren't familiar with the macy's has such incredible vendor relationships, you know, when they have discounts, they can -- they actually pass that discount, the actual disparity and cost right back to the vendor, so it's very sustainable margins the look, i like the stock. the space an underperformed the s&p, i think there's room for the up side. >> don't bet against gary lundgren. kind of the walmart of department stories. j.c., let's look -- all mayy's

has done is made investors money the last five years. do you see that continuing? >> you know, brian, i do. this chart has all the characteristics i like for, and especially if you have to be in a retail sector, this is one of the best of breeds. i do like that from that standpoint as well. taking a step back, you know, what has macy's done? the chart has rink. i'm high has been higher. you've got in a well defined rising channel. it's $12. and every time we move to the up side, we nigh a nice orderly pullback. the stock hit 60 about a month ago, and now what we're doling is pulling back gradually, so longer term, i still like this chart, but if if you're looking to establish a new position, i would be patient. i really think you should look to enter around 50, 51, i think that's a great entry point, and i think there is up side here. >> macy's pulling back soft will i or macy killing them softly?

j.c., appreciate it. david, thank you very much, guys. check out the online edition as well, that's in partnership with yaw hue finance. >> i know what's on the papers, it's scripts. let's ad-lib. mark zuckerberg guam to charter schools, bakley saying how everybody got their fingers into that money except for the kids. it's a disgraceful story. we're going to talk about house zuck and his money got schooled. coming up after the break. tdd#: 1-800-345-2550 searching for trade ideas that spark your curiosity tdd#: 1-800-345-2550 can take you in many directions. tdd#: 1-800-345-2550 you read this. watch that. tdd#: 1-800-345-2550 you look for what's next. tdd#: 1-800-345-2550 at schwab, we can help turn inspiration into action tdd#: 1-800-345-2550 boost your trading iq with the help of tdd#: 1-800-345-2550 our live online workshops tdd#: 1-800-345-2550 like identifying market trends. tdd#: 1-800-345-2550 now, earn 300 commission-free online trades.

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we want to wish a happy birthday to mark zuckerberg, it's his 30th birthday. do you think he'll be ditches the t-shirts and hoodies and wear a proper shirt? maybe not. why should he? . remember when he donated $100 million to try to fix schools in newark, new jersey. apparently zuckerberg got schooled. a new report saying much of that money has gone to pretty much

everybody, folks, except the kids. kevin, thank you for joining us. i read the new yorker piece. it was sad, you know, like on the one hand the consultants are getting millions, the schools, the unions, everybody got the money but the kids. >> yeah, well happy birthday, mark zuckerberg. it is unfortunate. we don't want to frustrate at the public/private partnerships. i think the word of cory booker and governor christie has good intentions, but you know the real message here is when you give money to a secure bureaucracy it's like a black hole. as one parent said, everybody got money, but my son still can't read. that speaks volumes. in terms testify transforms education, that's why educational choice is so important. when this happened, many of us suggested there were be some educational choice options set aside, because most of school reform, most of school bureaucracies look to the long term.

it's the five to ten-year plan, the reinstrument of school plan, but no one deals with the immediate needs of kids in distress, particularly in a city like newark, where over half the kids, as you said, are dropping out. >> the really sad thing about all of this, kitchen, is i fear it might deter future given to public institutions like schools. do you see that on the cards? >> yeah. that is a fear, but that's why i also think that, look, we have the long-term strategy, and the short-term strategy, the common core, the teacher reform, you know, all that stuff is going to take several years, and the bureaucracy is like a black hole. some states have as low as 60 cents on the dollar, you know, going actually in the classroom. when those people do want to give money to help a school district, they should say, look, i want to make sure there's money set aside for the kids who we know are in bad schools, so they can get some quality options. >> i think what's going to happen here, and i talked to a lot of wealthy donors, education is their number one priority.

i don't think this will diminish that, but i think this will have them say, look, we need a lot more control over our philanthropic dollars. that's a big movement within philanthropy. it's great for people to say look, you're young you should give away money, but if you give $100 million, you better be ready to devote yourself almost full time to where that money goes. that's really tough in education. >> part of the problem, and kevin can probably speak to it, too. that was the problem. they couldn't get control. they wanted to exert control. they tried to say, let's start these charter schools and the school political machine jumped in and said, okay you've got to do this and that >> but look, gates, the walton family, they all give human amounts to charter schools that are working. in this case i think they were promised a level of control at the beginning, they were promised certain outcomes, certain accountability, that just didn't happen.

>> cory booker is a great guy, but -- >> he over-promised. >> but he went to the senate, too, so he lost in that way. >> totally. >> but part of it is control is an issue, but you know what we d. stop hiring the consultants. if $20 million was spent on this stuff, you know what that means? you've got all these experts who are studying the study, planning the plan and debating the debate. a wealthy giver should say, this is what i'd like to see a. let's put a limit on these consulting costs and make sure you explain house this will help kids. >> is that normal to have consultants? is that normal for this situation? >> that's what school boor rock raes do. they find a way to spend money that may not necessarily help kids in the classroom. not all school districts do that, but that is a grow growing problem. if it hasn't been spent, as you get near the end of the fiscal year, they urge people -- >> i'm going to tick off my

friends, because i have many friends who are consultants, but you notice, kevin, a lot of times hiring a consultant is a cya move. if it doesn't work out, the consultant told me to do this and that . you know what? anything that doesn't affect or help that dynamic, that teacher in those students in that classroom, learning the basis, the secondary. that's what we don't have happen. >> kevin, wight to leave it there. i hope this report raises awareness and brings out positive change. thank you, kevin. the irs paid at least $13 billion in tax credits who did

not deserve them. about a total of the earned income. i know that you guys are going to have a whole lot more on this story, and it's going to be on "closing bell." what exactly are you going to talk about? >> first blush, why people cheated on their taxes? holy cow, what's going on? >> that's another example of government run amok. they have a law in place, but they have no way of enforcing that law, and understanding how you can get the right people to get the tax credits. this is for the lower-income people in this country and you're finding that not so many of them actually benefited. it's interesting, this earned income tax credit is in the middle of the fight. as you know, a lot of people who don't like the blunt instrument of raising the minimum wage say they like the incentives that the credit might provide.

>> 13 billion sadly, guys today, seems like chump change, doesn't it? >> well, and they claim -- >> it used to be a lot of money. >> the irs claims they have state offed off fraud to the tune of $50 billion. >> so the less are of the evils? really that's justification? it could have been a lot worse, so don't worry about it, guys? >> larry kudlow will join us, making the case for total reform. he is convinced there are a movement in washington that could lead to some tax reform in the kurn which would simplify the tax code. we've heard this before. he knows people are skeptical, but that would help. it's just too complicated. >> it sounds like irs reform might be the next on the docket, guys. >> he's being optimistic, think. >> good to hear. we'll tune in. thank you very much. >> good to see you. we're not done here on "street signs." poor robert frank, you wanted to jump in. >> no, no. >> i saw your lip is bleeding.

>> i'll work it into my segment on art somehow, triple-threat stocks coming up after this. stick around. chocolate is very individual. white chocolate lovers don't like dark chocolate. milk chocolate lovers don't necessarily like dark or white.

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signs", check out what's happening with "new york times," at session lows, the paper is announcing that jill abramson is unexpectedly leaving the position of executive editor. she's going to be replaced by dean beckett, the current managing editor of "new york times." abramson, who was appointed to lead this newsroom in 2011 was the first woman to serve in that stop job at "new york times." now dean beckett will be the first african-american editor at "new york times." in a weak trade all day, brian. >> getting weaker. "new york times" down 4.35%, dom. thank you very much. not just "new york times," by the way. stocks are also at session lows, the dow down 84 points, 16631. i can give you them, mandy, the stocks that are higher, dupant, at&t, chevron, verizon. >> we're not panicking, though, are they? >> not yet. we closed at record highs for

the dow jed. time to reveal our mystery chart. it's a 2-year chart. it's down about 40% over that time, and the company's signature product became a new word in the dictionary. >> sony. >> yes, it is a sony. it's a sony. actually from the peak, brian, you can can see that very clearly on the chart and that was back in 2000. the stock was down how much? >> what's happening to your voice? >> i'm talking too much to you. it's down 90 and today they forecast another annual loss. i thought it was kind sexy but maybe i stand corrected. >> the beat on revenues and raised guidance during the first quarter. should you add the so-called triple-threat stocks to your portfolio? let's bring in paul hickey, the one who compiled the list. >> thanks for having me. >> give me some of the triple threat names, and accordingly there are three of them. >> well, first of all, let's get -- we called the triple

play. there's other imitators out there we called a triple threat and nothing threatening about these names. there's three reasons to play them. beat earnings and revenues and raised guidance so the three we're highlighting today are from a report that we put out yesterday, and the first one is global cash access. they provide ways for casinos to get cash in the hands of gamblers. the stock reported a triple play earlier this month, and it looks to have broken a downtrend that's been in place for about the last six month in this stock. there is guidance by 7% in the stock trades at nine times earnings, so that's relatively attractive multiple for the company raising guidance. go ahead. >> you know what the really cool thing about the list is, paul. these are names you don't really talk about, right? whenever we talked about it. t. ameritrade that has insight into what retail investors are doing, we always talked about like apple, amazon, google, et cetera, so many other cool companies that are out there

that are doing things beating on revenue and raising guidance that you're talking about. >> well, yeah, you're exactly right. you do tend to see -- also see this in large-cap companies and more of the names are actually smaller cap emerging companies. the company is like an apple which has 50 analysts covering it, analysts are going to be more likely to be closer to the target, and know what's going on in the business, whereas the small cap companies are loss volatile so they can surprise the market more. >> very quickly, ladder semiconductor, is there like a -- >> yeah. global cash access, that was the first triple play in some quarters. myriad genetics has had five straight triple plays. the stock isn't necessarily cheap here, but when you consider the fact that they have been raising guidance consistently, that's something to keep in mind. >> developing a breast cancer test. pretty much a monopoly on that.

>> yes. >> there's issues, some worries about its patents expiring in 2018 and for the time being there's new products that they will be launching to replace those products and the stock pulled back on earnings, but it's since stabilized. you know we think it can easily get back up above 40 which is a nice little gain from here. >> indeed it is. paul, we wish you a happy birthday past monday. sorry it's a little late. >> why don't you sing him happy birthday. >> i need a really tight white dress. >> by the way, you know what was cool about his list, triple play, one job to do in that segment and i failed. it was to call the list the right name. paul, if you can still hear me, triple play. >> not often he says sorry so take it while you can, paul. >> i didn't say this. >> two very big auctions to tell you about next. the big art auction at christy's and very interesting new york yankees items up for bid. babe ruth's pocket watch can be

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buyers from china have now become the driving force behind these rising art prices. the top seller and the big surprise of the night was a piece called black fire that went for $84 million, including a buyer's commission, and we also had a francis bacon triptic that went for $81 million. the same piece sold ten years ago for around $10 million so huge appreciation. warhol, had a good night. his race riot painting went for $63 and white marilyn went for 41 and got to lev jeff koons, his jim beam train filled with bourbon went for 18 million. >> two marilyn references on the one show, too, well done, robert frank. >> thank you. speaking of high-priced auction

items, historical yankees memorabilia right here on the set with us. just cool stuff here. show us one or two of the coolest things. what it is and what you think it might go for. >> sure. babe ruth is certainly the headline. >> heard of him. >> most famous athlete in american history and his items are almost always at the forefront and this is one of the most significant ruth items that has ever come up for auction. the gold pocket watch that the yankees gave to him when he retired. >> it's a longine watch. >> still keeps time. >> he was very sick and they gave him this watch at that time. >> at that time. it was the 25th anniversary of the opening of yankee stadium

and the first world championship. >> that will sell for how much? >> 750,000 or more and everyone knew at the time that that would be the last time they would see ruth on the field in unifor. essentially this was the yankees lifetime achievement award. >> what kind of bit bidder do you get for this item? talking about the art auction, normally half of them were asian. is it normally home grown people that goes for memorabilia that's american centric? >> the core of the market is american buyers, but there's a lot of international interest as well. these items are, you know, some of them at the top level are transcendent in a way. go beyond the realm of sports memorabilia and really a part of sports memorabilia at large. >> world series, super bowl, what are those? >> yankees world series rings, 1958, bob turley. he was the mvp of the 1958 series. >> all yankee. just yankee auction. >> what we have here is mostly

yankees and it includes things from all teams in various sports as well. >> good luck. >> my pleasure. >> watch that watch. >> getting a little shifting over here. >> hey, everybody. thank you for watching "street signs." >> "closing bell" is coming up next. see you tomorrow. and welcome to "closing bell," everybody. i'm kelly evans here at the new york stock exchange. >> and i'm bill griffith. we are watching these markets back away from all-time highs. the dow is setting lows for the session right now, down 85 points. the s&p is down about seven points, and the nasdaq is down 22. not a huge selloff, but we are backing away here. >> if you want to talk about huge, it's what's happening in the treasury market today. >> yes. >> or what we should say is a culmination of what's been happening in the treasury market. a week or two ago everyone was saying it's a big