thanks, mary. the markets are in the green a bit, but we're going into a weekend, we have unrest in the middle east, that has people a little nervous. tloo winners -- hewlett pack and, alcoa and consol energy. >> have a good weekend. happy father's day. thank you. "street signs" begins right now. will america every really see energy independence? the growing civil war in iraq, showing just how dependent we still are. hi, everybody. the legendary boone pickens is with us. he'll give us his take in moments. is iraq, the so-called black swan that so many people have been waiting for? we're going to handicap some of the risks, where is the tech innovation?

no more app.s. we demand a flying car, right now. >> i demand my personally flying car. the markets is nonetheless trying to claw back from three days of decline, which, by the way, has put us on pace for our first weekly drop in a month. we still have a few things to do. oil is sitting at a nine-month peak, which ryan is the perfect introduction to you. >> thank you very much. back in 2003, it's hard to believe, right? oil was just $30 a barrel, adjusted for inflation, that's still only $40 in today's prices, so price is not the same, but production is also not the same. in fact back in 2003, we produced 5 million barrels a day. today really 8 1/2. 1.5 million barrels a day.

here's the problem. we use about 19 million barrels of oil a day, and consider this, iraq produces about 3 million a day. if they came off-line, that's a huge hit. saudi arabia is still the biggest oil producer in the world. russia number two, we are number 3. we produce a little more than 8 million, we yew 18 to 19 a day. you don't need to be a math wizard to figure that is still a huge dependent on oil. boone pickens, you wonder, with all this stuff that's popped literally almost out of the nowhere, if it will refocus our attention on the american story. do you think we will reaccelerate oil production in the u.s. because of this? >> okay. just a second a iraq. we counted on them at the end of this year to be up to 4 million. they'll be probably closer to 2 than to 3 by the end of this

year. everything has got to shut down. you're moving all the services out there. halliburton, weatherford are moving out. they can't leave their people in there. so where are we? that's your question to me. we are using 19 million, producing 8 1/2, importing 10, 11. where does it come from? 4.5 from canada, the rest around the world, but 4.5 from opec. we don't get -- i don't believe we get any oil from iraq. we get a million 7 from saudi arabia, but opec includes venezuela, nigeria, angola and other countries around the world. what you've got to look at on a global basis that we are producing 92 million barrels a day, for the world. >> and using about 92 millions barrels a day. that's myopoint. if iraq goes off-line, we don't

buy their oil directly, nor from some of the countries you mentioned, but if they go, that reduces global supply and prices go up for everything, when theoretically we have the ability to at least be more independent than we are. >> okay. the absolute to that is bring together mexico and canada with the united states. we would be the market for members canned and canadian oil and they have reserves and production they use. we're using from canada and mexico about 4.50 million, but bring it together, make an alliance. north american energy alliance, then you don't have to worry about what happens to iraq and the rest of the world. that's not exactly right, though. we have to help out, or we always do, and we have 700 million barrels in storage in our strategic petroleum around

the world. around the world there's probably a like amount. thattic help, you know -- will it help? sure it will, but you know what i mean. it's only temporary. but we have the solution in north america if we just had the leadership in washington to step up and say let's make a deal. >> but dove tailing into that the independence debates, the people being guess fracking, against high prices, any kind of further energy development infrastructure, do you think it will make them think twice? or are you not hopeful that that will happen at all? >> i can't imagine that you're now six years since the questions was put on the table -- do you want the keystone pipeline?

we still can't make a decision. incredibly stupid on our part. so take the keystone, wrap up north america, and you are in really, really very good shape. we cannot get independent. we're already the largest gas producer in the world. we're bigger than russia, but switch over year heavy-duty trucks to natural gas away from diesel. >> i've heard of that. some guy had a plan to that. have you heard of that plan, boone pickens? some guy had a plan to do that, a very similar name to you. >> you're gooding to find out i'm right on this. i know what i'm talking about. >> i'm not going to pick on president obama, because i'll say this. of president since richard milhouse nixon, every single one

has said in my term they'll be off foreign oil. they kind of sounded like that, too. >> they did. i thought that was -- >> they all said it. >> i know, they all said it, but here this guy has a solution. they did not. they honestly -- nixon, he wasn't there. he didn't have it. kennedy, carter all of them, the republicans too, bush, reagan, all said we would be independent, like me, as you said, but the absolute wasn't there. today it is there. all you have to do is reach out and take it. >> all we want, of course, is for energy prices to stay stable or come down, and hopefully all of this energy boom going on in the united states will lead to that. so what is your outlook for oil prices? i'm going to put you on the spot. give us a number. >> okay. you pull iraq out of the market and you're looking at 150, $200

oil, is what's going to happen. that's where you have to kill demand with price. that's the only way to do it, because the oil won't be there. as i just got through saying, you can pull out of the spr, you can and can take care of it, but for iraq, that 3 million barrels in the morning if something happened to it, you're going to have a -- an oil price way up from where it is today. now, what is it going to be over the long term? there's plenty of oil around the world, and the saudis have told you they have to have $100 a barrel for their oil, because they have social commitments. they have to take care of their people. there's huge unemployment in saudi arabia. so you have to assume -- and opec sets the price for oil. if you think there's a free market for oil, you're kidding yourself. they will cut supply if demand drops, they'll cut supply to keep the price up. you know that, and i do too.

>> that's why we pointed out that oil adjusted for inflation was $40 a barrel 11 years ago. it's $105 a barrel now, and we've got through, by the way, a major recession if not almost outright depression in america, which should have driven prices down. they did fall, but look where we are. are we at $100, because saudi arabia says that's where you're going to be forever? >> well, if they just supply down, yes. i mean, they can bring supply down if demand fell off. you're not going to have $30 oil. forget that. i mean, you can't even live with $30 oil in the united states. you can't drill those wells in the permian, eagle or the bakken. those guys have to have 75 or more to drill the wells. so what will happen, the price drops, you quit drilling, and your declines curve catching

you, and the price goes up. the united states has the cheapest energy in the world. we're 10% cheaper on oil, we're 75% cheaper on natural gas and half the gasoline price of the rest of the world. here you sit with a ham on your shoulder and you're crying about it. it's mind-boggling to need, you need to fill of your car with pell roll in the australia, and you'll know what it's like. >> book pickens, ham on my shoulder. i suggest everybody checked out the linkedin page. no sign of slowing down. i've been to the office, he is behind his own tweets. i warned him against it. >> he doesn't just work out with

writing blogs. he also really works out. >> running up the hill. i think it was sfrand. >> there we got it. we got it. ♪ ♪ ♪ man, i hope i could do that. i couldn't even do that now. >>. are you expecting the unexpected? jim cramer is getting a little nervous about this market? should you be? we're going to handicap some of the hidden risks. >> and digging in on the -- your did you remember to pay the dog sitter?

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mat . this was a week that quite literally mixed it up. now we're staring down the battle of a drop. it's the most that we've seen in transcripts. you can break that down. folks, as for some of the stock gainers, some of the ones we are looking at on the s&p, the biggest gainers this week. new field exploration, and h & r block. brian? >> thank you very much. meantime, jim cramer last night

warning that it seems like somebody that nobody is looking out for may be about to happen. you have iraq, even the ukraine/russia situation, they're perfect examples. are there risks we're not maybe thinking enough about? consider this ominous sign, this is real. a bull, a giant meaty bull, delicious probably, on the loose in baltimore. yes, running through the streets of baltimore. unfortunately he was found by the police and shot dead. >> oh, great. >> i know. steve, i doubt that bulls literally running through the streets of baltimore are the answer that we're looking for, but is there something that is out there that worries you that maybe the media is not talking about? >> brian, when i got the call this morning, i was smiling to myself, because i was literally in the midst of writing a piece for our federated website about

a white swan called goldilocks cubed. i think we're looking for black swans, which is always a healthy thing, but we're thinking we have a pretty big white swan sitting in front of us. i like that bull wandering down the streets of baltimore. i think that's a good sign. >> what's the white swan? >> goldilocks cubed, there is three things going on that is pretty much for equities. i've been accelerating the economy, but obvious that means rates are rising.

>> i mean like a prolonged spike in energy prices? >> we're looking at possibly shorting oil. i liked everybody boone had to say. the history of friction in oil-rich regions, is whoever takes over instantly start pumping out the oil, because they need the dollars. the kurds have currently taken over the oil fields in iraq, so the idea that we're going to lose the production is -- i think it's right to worry about that, and if it goes to $200, i agree that's probably not good, but i don't see oil going there, frankly. >> we've already had, with all

due respect, we've this jump in oil prices, right? >> all stocks have done -- >> that's what is kept me restless. i still sleep, but i was restless over an increase of worldwide violence in the middle east. let's face it, you know, iraq 2.5 million barrels a day, that supply gets disrupted or cut off, our oil price here goss to 130, 40, 50 a barrel. as mandy said, not on ra spike, but goes there and stays there. that's going to be a problem. you don't have a margin for report. i'm looking at goldi locks a little differently. i seed modest growth. i think gdp will be 2.4% this

year, but if you told me over the next ten years it would be about 10. -- the stock market would be a great place to be. so i think we're in a good shape fundamentally, and this iraq thing, it's hard to put a probability on. will it explode into something bigger or not? >> you certainly sound more cautious than steve, but i think you're overweight? very cyclical sectors. so you're still betting on the economy? >> absolutely. through the year i think you'll have a good return, good, not great. when i look out to 2015 and '16, and granted there is a little guesswork there, i think we have a good shot at 6% to 9% of returns there. if that's the case and we're right, our clients need to be in this market. they don't need to be sitting on

a ton of cash. you compound that over three years, that's a good return, and i think the cyclical sectors will lead the charge. >> gentlemen, both, we appreciate your insight. we hope you have a great weekend. see you soon. >> you guys do the same. a whopping 2.6 billion after it announced plans to acquire restaurant reservations sight open table. joining us is thestriae.com's herb greenberg. you obvious talk about a smart seller and dumb buyer, but do you think we have a smart buyer and smart seller on our hands here? >> the reason you might say this, depends on who the acquirer would have been, this is a company that's missed 4 out of 5 revenue consensus, when it comes to its earnings.

diners seat has been decelerating. the in the u.s. it's been fundamentally decelerating. priceline is a $7 billion business, and when you look at it from that perspective, even if it didn't go quite the way they would expect, it blends into the woodwork. >> so you're basically for rice line -- but you can imagine the discussion behind doors, okay, things may be cooling down, while valuations are good, we better sell now? >> well, you also see -- for them you can't away that. you also see tripadviser making an acquisition in europe just about two months ago or a month

ago that if you're priceline, you're sitting there saying, wait a minute, a competing company, maybe they ought to get in now. >> herb, a couple things. one, when i treated you and jan to a delicious dinner, i booked it. it's a real business. restaurants pay it a couple percent, $68 million in sales, $198 million in sales last year. they have a real revenue model. what's app. was sold for $19 billion with a big goose egg, zero in actual revenue. at least open table is showing value for the sort of nonesoteric -- open table knows how to get money. it builds restaurants. it's extremely low tech, actually. >> it's hard to disagree with that. when we ate at that wonderful restaurant, it was a restaurant owned by danny mire, who is on open table's board. many of us use opentable. >> now you just made us look

fancy. >> i didn't say -- was it snack jack? >> we'll -- >> and thanks for the invitation. a on that awkward note, herb, we've got to go. thank you very much for joining us. i think it's a $1 feet -- >> herb's coming back later in the show with a stock he likes. >> yes, that's right, herb has a rare green flag on a stock, so he'll tell us who it is. as the u.s. open continues, golfs to struggle. what does the industry need to do to get people back on the links again? we're going to tee off with some ideas. it's more than that... ...it's perfect. introducing curved ultra high definition television from samsung. but what if you could see more of what you wanted to know? with fidelity's new active trader pro investing platform,

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...it's perfect. introducing curved ultra high definition television from samsung. the u.s. open is under way in pinehurst, north carolina. dom chu has the unfortunate assignment of covering the u.s. open from north carolina. dom, nice. how are you doing, buddy? >> reporter: >> reporter: i'm doing great, but more importantly, the game of golf here is doing well. a lot of people are expecting around 400,000-ish people this week and the women's open next

week. but that doesn't tell the whole story. a lot of stats, specifically from the gov foundation, the number the golfers in america is 5 million less than -- and 5,000d that's due in part to weather-related issues, but overall also publicly traded companies are making comments as well. both adidas and dick's sporting goods have indicated softness in the golf business. how do they get it concerned around? it has to do with the definition of how we define really golf. >> what we are seeing is a trend in changing the definition of what golf needs. for so many years, golf meant 18 holes at an expensive club, using expensive clubs. but more and more we're seeing people accept nine holes of golf, 6, 3 holes of golf.

>> reporter: so it's about changing -- it doesn't have to be an elite sport, but it's also how the economy fares. it's very discretionary. people spend more on golf when the economy is doing better. that's something we have to think about as well as we listen to this. >> popularity in golf is directly tied into what is going on economically. so what we're experiencing, this pertain of downturn, we do think it will be temporary. >> so overall, what -- when we talked about the idea of the economy being better, it's about bringing -- that brings in younger golfers into the mix as well. these day we're watching young guys, in the ricky fowler, jordan system pieths of the world. >> dominic, try, try to have a good time. >> herb is about to come back

with a rare green flag on a stock. he likes it. hey, mikie. you won't believe how many kids under the age of 6 are on adhd drugs -- and we have some eye-popping numbers for you when "street signs" returns. [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive the market. ♪ all on thinkorswim from td ameritrade. all on thinkorswim hi, are we still on for tomorrow? tomorrow. quick look at the weather. nice day, beautiful tomorrow. tomorrow is full of promise.

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time now for "street talk." on this friday, actually upgraded at jpmorgan, good for about 4%. >> target boosted, seeing that stock has already been hot up about 50%. >> broadcom is rated a buy now. >> the firm said that broadcom is more confident after the company is exiting a -- the analyst there likes it. more up site to the price tar t

target -- on fridays it's hard to talk. >> trucking company conway getting an upgrade to buy from hold. >> the firm says grove demand should allow conway to book its margins. you hear the job basically application, radio ads, target there 57 bucks, about 18% upside, over the past 12 months. cnw is the ticker there. >> and also stock number four, basically a don't buy. the initiated market perform. >> the reason we put the stock in there, the, the firm placed a 12-month target, the stock right now is at 71., so effectively one analyst is saying it's been hot. >> and under the radar, name of the day is xpo logistics.

and it's initiated buy at citi. >> the stock is up almost 4%, but citi has a 35 target. you can do the math on the up side there. ticker there is xpo, get it? not hard. now to talking numbers, a look at a stock, and today that stock is a -- start-up semiconductor. they're up 7% today after raising their second quarter guidance. richard ross joins us, and eric gibb, rich, i'm going to begin with you, because it is a technical stock. how is intel looking to you? >> you know, brian, old it can knowledge stocks like intel, microsoft, oracle and hewlett-packard have been one of the brightest spots, even the index is up 17% versus a 3% rise

in the nasdaq composite. earlier this year, the stock goes on a fantastic run, we break out from that ascending triangle, and earlier we explode up 7% here just on the day alone. i don't like to chase stocks, brian, the horse has left the barn here, but if we zoom out and look at a monthly chart, we can make a strong case for a further up side. this base has been forming now for the last seven or eight years, really an action of overhead resistance before we hit that double tap. that takes us to $35. if over time we can surmound that key level. there's measured up side, it's not going to happen overnight, but given time, this stock could make its way back. the tech bubble is up at $75. there's a case for $35, longer term there's a case for 46.

what's the fundamental side there? >> i think it's one of the periods where they align very well. this is a stock that we think -- we added significantly to our portfolios back in december. obviously at almost $30, i don't find it quite as attractive as when i found it at $24, but we still see it with great long-term potential, the old-school technology stocks have good potential. a 39 p 3% dividend yield, which is well above the average for the s&p. they're also very well-managed company. now, their guidance was raised, they raised gross margins, revenues, estimates across the board because of the increased pc sales. a lot of people have been sort of poo-pooing that, because the real concerned is will the growth come from mobile? have you had products that can take over the tablet?

we see a couple new chips that really do offer that significance, but some of the interim, as they're changing the product line, this company returns value to investors, so we like this company for many reasons. >> okay. thank you both very much for joining us. enjoy your weekend as well. you can check out the online edition of talking numbers in partnership with yahoo finance. it's a rare occasion, but herb has a green flag on a stock. >> i've been waiting for this for ten minutes. herb, can you clear this up? i've got little miss over here giving me the business. confirmed to our global audience that mandy was indeed invited, but had better things to do. >> i would never have better things to do. >> she was indeed invited to the dinner a little bit after the fact when she already had plans, when we were going to go to shake shack.

when she found out it was shake shack, she preferred not to go. >> i can't win today. people have been saying you're a jerk -- >> that's not true. i was just having fun with him. >> i deserve it. >> he was like, when herb and jen and i went out to mialino -- i was like, i'm going to get you. it's true, i was invited, but i had better things to do like sit at home and watch dvds -- >> that's not true, either. >> mandy, you missed a very good dinner. >> he's a good guy. national global audience, monl and dad. >> what's your green flag stock? rescue the show. >> tip ko software. >> what? >> tipco -- no i heard of it, but why. >> i put this on my reality watch list a day or two days ago. it was flagged to me by my colleagues at the deal, which is owned by the street, because it

showed up on their activist screen. i started looking at it. well its execution has not been good. it's wagged its peers on various aspects of the business. a number of interesting hedge funds have started buying the stock, which is best known for more recently about -- for shaking it up at men's wearhouse and joseph a. bank. if you start looking at the performances slide over the past multiple quarters, it sort of coincides with vivik relate andeve, when he became owner of the sacramento kings, you overlay what i think is perhaps the most interesting thing. this is a $20 stock. in 2011 reuters reported that the company rejected a bid from hewlett-packard -- now reuters reported this back in 2011, they reported they rejected a bid for

35, $36, $37, $38, because they figured they could do perhaps a better job themselves. they were holding out for something more. the stock subsequently, is not $38, it's at $20. so you have a board of directors, with a lot of potential liability here, a lot of people sort of shining a spotlight on it now, very smart people. what's going to happen? keep your eyes on this one? i don't put green flags on stocks very often. >> it's the first green flag i have ever seen from you, herb, but thank you very much for joining us. >> sure. a special father's day edition is coming up. kelly evans is joining us. you have some special guests? >> everybody who's watching, grab a chair, pull it up. 4:00 to 5:00, we have a great hour coming up in honor of father's day, bill miller iii and bill miller iv, leon coupe areman and his son wayne, and we're going to talk about the

holdings that they have are the most controversial and widely followed, including names like citigroup which are moving, sprint touching on the telecom sector, we're going to talk oil, materials, of course we'll talk housing, amazon, get them to respond to julian robertson. so much to discuss. >> you've forgotten the most important father of all. >> my own. i know, can i give a shoutout to my dad, who i think has seen every "closing bell" show, probably watched more hours of cnbc programming on the planet, yet still hasn't had his fill. happy father's day. >> i hope "closing bell" can reveal a mystery. why does apparently that i audience stand up. she hopes they will grab a chair. >> we encourage people to be on the treadmill and adopt an active lifestyle. >> that was a good comeback. >> but today sit in a chair, jot

down some ideas. >> she's a smart cookie. she has an answer for everything. >> she probably already has had an old-fashioned. >> thank you, kelly. have a great show. a very special show. we've seen a huge spike in the number of kids taking drugs to treat adhd. here's a new angle. the government is actually starting to sit up and take notice. we're going to discuss that, coming up. 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.

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more and more young children are being put on potent drugs to combat adhd. joining us with the numbers, an solution explosion in numbers is meg tirrell. we've been hot on this subject already on "street signs." this adds even more fuel to the fire. >> the news today is shire has agreed with the fast to test the drug in kids 4 to 5. the fda saying there aren't good

safety studies on kids 4 to 5 taking these drugs. they want to know the effects and how the kids kind of react. shire says the previousens of adhd is 3% to 5%. there's a lieutenant of kids out there that could potentially be taking these drugs or are leg taking these drugs. more than 10,000 toddlers 2 to 3 years old are being medicated out of guidelines. this one drugs is 1.2 billion in sales, and theover all-market will surpass 4 billion. right now 11% of kids age 4 to 17 having diagnosed with adhd, 6.4 million kids the and -- >> which is incredible not only on its own, but we had a very well-respected physician on this program about a month ago who's been studying behavioral issues and attention spans for 50 years. he's not some quack that's just popped up, who says he's now

convinced that adhd doesn't even exist. >> wow, it is much more diagnosed here in the united states than other countries. people have been looking at why there are no differences. there is nothing biologically differently, but we might addition different. >> my 11-year-old son came home and sid i think i should go to the doctor and check who i have adhd and i said, why? he said there's so many other kids on drugs and they say it's great for their focus, i'm fidgety. i said, find me a 10-year-old or 11-year-old kid who isn't fidgety and unfocus. i think it's an easy way out for parents, not all to say, well, my kid is unfocused, let's give this kid a try. >> it's very controversial, but it's also big business. one of the reasons this is for shire, from a business perspective, is if they do these studies and turn them out

positively, they'll get an additional six months of marketing exclusivity beyond the 2023 time frame when that currently expires, so with a 1.2 billion annual drug, that's $600 million. >> and there's no sign of slowing down. it is being prescribed, and the prescriptions and sort of the evaluations are growing. >> thank you very much, meg. >> thank you very much. on a much lighter note, isn't this what the future is supposed to look like? >> roads? where we're going, we don't need roads. >> well, we don't have a flying car. where is all the real technology innovation, right? we're going to try to get some answers, coming up. financial noise financial noise

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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. google was planning to launch a new health service called google fit. reports say it will aggregate health and fitness data from a variety of apps and wearables. basically, google can grab your health data. apple and samsung also rolling out health-related products. yawn. >> let's continue this kriegs with ricoh's senior editor eric

hesseldaul. eric, the internet and cell phones pretty cool but it's 2014. we were just talking about wanting a flying car as they were envisaging obviously in "back to the future." and yet we're just doing a lot of copycat stuff. you know, like -- >> with the google -- >> wearable techs. samsung's doing it. google's doing it. apple's doing it. everybody's doing the same kind of thing. are we logs the art of innovation? >> i don't think so. google's self-driving car wasn't enough for you? intel at our re/code conference a few weeks ago? intel's 3-d printed robot wasn't innovative enough for you? your point is well taken. there are a lot of companies that are shifting over to things like wearables and home control. and i think there's a fundamental shift in technology taking place right now. 20 years ago everything was shifting off the mainframe to the personal computer and we know what happened there. so now, you had a segment just before this on intel. well, intel ceo brian krazanich at our conference a couple weeks ago concede intel missed the tablet. that's why his predecessor lost his job and now they're

struggling to get back to it. of course there's still plenty of innovation taking place. >> and there's so much cool stuff out there. but i will summarize 95% of press releases we get here now. something something something app. something something something cloud. something something disruptor. 50 years ago it was flight, television. the internet itself. cars. not just self-driving ones. space travel. >> that will be disruptive. >> now we're excited about someone reporting their heart rate data to google. >> sure. why not? don't you think we could feel learn some things about ourselves and -- >> marketers can. >> marketers can. but can't we also yield some benefit from that? it's all happening -- just because it's not taking place in front of us with a product that you can actually go out onto the shelves and buy, why can't we see innovation in learning? learning better how to take care of myself -- >> and i'm not trying to be tough on google here. >> sure, sure. >> but apple -- it seems like everybody -- technology in some respects, and i mean this not in a terrible way, is big tech

companies are turning into the car companies. they all come out with the same products every year. you wonder how they do it. they must have corporate spies or people quit and go to the other company because they come out with the same products within months of each other or very similar products. streaming music. 7 billion companies providing streaming music now. when do we get something big in what's the next big thing, arik? >> look at all the behaviors that have changed in the last five years. look at what's happening in software. all the innovations taking place is taking place in software, and it's changing our behavior. when was the last time you rented a movie and physically went and got a dvd? i mean, that was probably six or seven -- >> last week. >> really? okay. >> our public library offers them free. i'm a bad example. >> fair enough. but look at all the behaviors. everything that's changed. in a couplers -- on my way over here i wasn't sure that i had locked my door properly. so i told the guy in my building to go check it. why couldn't i just look at my phone and say lock the door for me, i forgot. technology is trivial and it's coming.

>> so there are phases. there are phases. a lot of it is unseen but it's going on. >> i think if you add is it all up you'll see a lot of big things. >> still waiting for the flying car. thank you very much, arik. >> there are flying cars. we had one here. >> flying cars? >> last year on the show. we've got to go. coming up, a company with a new app to help make more surely that your grammar is gooder. oh my god! look. you need to see this. show 'em the curve. ♪ do you know what this means? the greater the curvature, the bigger the difference. [sci-fi tractor beam sound] ...sucked me right in... it's beautiful. gotta admit one thing... ...can't beat the view. ♪

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app to show you that promises to be the grammar police and also the style specialist as well. simply put, it not only fixes your spelling and bad grammar, it also makes your sentences sound a whole lot better. something that we could all use i'm sure. joining us now, the man behind that app is ginger software ceo matt olschecht. great to have you with us. i see you've also brought along the app here. it sounds fantastic but recently we've been talking about a lot of companies doing something similar to this. a couple weeks ago we were talking about skype. they've got a translating tool. google bought world lens as well that translates print. how or what you're doing, how is it different? >> our application is different by that it makes sure that you compose high-quality text. all the other tools translate from one language to other language. what we are doing, we are taking what you write and make it looks better. >> so it translates. but what do you mean by makes it look better? >> we understand contextually what you wrote, and by doing that it suggests you correction of the grammar and spelling

mistakes. i can show you. >> show us, please. show me, don't tell me. >> for example, this is -- here we can see a sentence that i wrote. let's meet there tomorrow to watch the movie. >> and you did there t-h-e-i-r. you used the wrong there. >> correct. >> which is shockingly common. >> this is the common spelling mistake, it's tomorrow. but the contextual spelling, like using there and their, this is something that -- >> let me help you out here. there you go. >> this is something that we are the only one that can detect it with our unique keyboard 100 that will later come to ios 8. >> so it's really focusing on the grammar aspect of this. but it also does it in many, many languages, or only english? >> we focus on english. we translate a lot of other languages. but the main focus is make sure that your writing in english is perfect. >> what's it called, by the way? >> say it again? >> what's the name of your app? what's this product? >> ginger page. >> ginger page? >> yeah. >> it's on the android right

now. >> yeah, it's available on android and pc and other platforms. the reason for the page is we are not a note-taking application and not a document management application. we have a page, you write, you get your grammar corrected, you post it where you want to use it and you continue. >> makes us sound and look better. thank you very much for joining us today. >> folks, thank you for watching "street signs." >> "closing bell" is next. have a great weekend. welcome to "the closing bell" on a friday. i'm kelly evans at the new york stock exchange. >> i'm tyler mathisen at cnbc headquarters. in today for bill griffeth. the deteriorating situation in iraq continues to hang over the market but we may still break the two-day losing streak for stocks today. as you see the dow is up about 31 points right now. >> and we've got something pretty special lined up for you after the bell. legendary investors leon cooperman and bill miller are both here for the whole hour. and in honor of