stephanie starks start us off. >> like price line. >> stick with kkr. >> and josh? >> sun power will break that 40, i will like it. that does it for us. puller starts right now. halftime is over, and the second half of the trading day start right now. >> welcome, everybody. bulls in charge, the dow up triple did you get, new highs, goldman sachs boosting thee-end forecast for the s&p 500 to well over 2,000, but getting a bit cautious about next year. what's behind the call, the change, and how investors should gettingsed? right now i'm going to position myself over here. we've got earnings central, a monster week ahead, citi beating the street today with other news about citi as well, of course. that big settlement. big-cap tech starting tomorrow. we have three stocks that have gone up over the past four

earnings seasons. and the profit, taking a bite of crumbs. the start marcus lemonis, buying the struggling cupcake chain. he'll unveil the turnaround strategy with ute icing on top. first to sue at the nyse. >> everybody at the barclays post is looking forward to that. they used to go to crumbs quite a bit. the dow right now up 121 points. transports setting a new intraday record high, they're up by 0.7 of a per. the s&p 500 is higher by about half a percent. above pisani is with me, seema mody at the nasdaq. bob, you go first. >> it's not only strong around the week, but strong globally.

strong start in asia, bled over into europe, and we've had a great move here today. decline in global worries, look at the vix. >> it collapsed this morning. >> all the comments about gold being down, the whole precious metals complex down on what appears to be less worries overall. take a look at the major sectors here, sort of the right sectors are moving here, tech stocks, financials, industrials, energy stocks, all the sort of movers on cyclical plays, all moves to the up side. why is that happening? why is the rally happening at all, in fact? it depends on who you talk to. we have a lot of m & a, less worries in portugal, some are snow arguing hamas and israel is on the sideline for the moment. i was very impressed with wells faro, sue, and citigroup following through, look at the names up 1.5%. i think there isn't one particular answer. there is a bit of jitteryness

ahead of ms. yellen testifying. maybe she'll be more hawkish sounding, but you don't see that in the market. there's a lot of mixed signals. >> thanks, bob, will see you in a bit. >> up town to the nasdaq. >> good afternoon, sue. after what was a down week for the nasdaq. this is a trend that we have been witnessing so far this year after a couple down days for the nasdaq, buyers getting back in and taking advantage of the drop in prices. in fact, some of today's biggest oners were the facebook also providing a lift to the social media index, a pocket of strength in today's trade, but the question is, will this trend hold? some stocks not joining in on today's rally, trip adviser after losing 3% last week, down again today. it's been downgraded, and ebay, pacific crest said when it comes to ebay expect solved trends in

the marketplace to continue through the rest of 2014. tech earnings definitely a focal point. back over to you, sue and tiely. >> seema, thank you very much. i don't know who makes it official. >> i don't know, about you it seems like it was under way and now it's ishilly under way. >> it's like the unofficial start of summer. some stock typically fare better than others on the heels of their earnings report, but dominic is here with a look at three stocks that have gone up consistently over the past four quarters whether they have hit their numbers or not. >> oftentimes they'll go up when they hit the numbers, but these stocks counter consistency, at least for the past calendar year written all over them. tyler, it's impressive when you can string together big gains, or at least gains all four quarters over the course of the past four of them.

michael kors is up an average of 7% the day after they report earnings. they were also up 17% in february when they reported strong holiday sales and raised their profit forecast. they have gone up four consecutive quarters in a row. the second biggest gainer for four straight quarters is a video game maker, posting an average of 9%, so a very good average beat. investors express optimism that ea's turnaround efforts were actually taking hold and its focus on digital business would yield some results. this stock could rise another 5% in the coming months, and the single biggest gainer in the s&p 500, again for four straight earnings reports that were positive in a row is, believe it or not, pitney-bowes, which is up nearly 12%. investors have been rewarding this company for sales gains in the digital and eamericas businesses, also the enterprise

business solutions. so they companies have not only beaten average by huge, 7 to 9%, but have done so four quarters in a row. stay tuned. later on this hour we're going to show you the biggest consecutive losing stocks, tyler, following earnings, positive is one thing, but the ones who always consistently lose. >> were those actually on the earnings day? >> the day, that was just the report. the day after the earnings report, if it was after the bell one day, or if it was before the bell, what that full day -- >> a 7, 9, 1012% gain no matter whether they hit the number. >> only 24 companies in the s&p 500 have done that, by the way. >> very interesting. dom, we'll see you later on. sue, down to you. gentlemen, the dow hitting a new record high climbing back above that 17,000 mark. over the weekend goldman sachs raced his subpoena year end

targets. he also hiked hi 12-month target to 2075. joining us is gene per ronni and kevin karone, with washington crossing advisers. welcome, guys. >> thanks. >> you agree with this call and think the market will head higher from here? >> yes, i do, sue. it's a very impressive market technically, price architecture is strong, feeling good police pulling they show good accumulation, and the relative strength continues to show the good depth among the key sectors driving this market. those sectors are very broad and diverse, like nothing i have seen in my career. >> wow. all right. kevin, do you want to comment on the goldman sachs call, first of all? you've got to say you have to read between the lines to look deeper into that report. >> what i've read of it is that

it seems very much to be tied to the momentum tied to the economy principally. i believe what we will see in the next half of the year will be a pickup from what we saw in the first half. and ultimately the value of stocks is high in the long run ultimately to growth in the economy. i think this has more to do with growth in the economy, but goldman did point out that multiples are a bit ahead of where they have been historically as an average, and i would also look at profit margins. analysts are looking at 11% net profit margins. to -- for 2015. to put that in perspective, the average is just over 6, so we're very stretched in terms of multiples -- we're stretched in terms of margins, and multiples are higher than they would be. really we need the economy to come through in the second half of the year. >> gene, let me turn to you, europe versus the united states. where do you find the more

compelling valuationses? >> well, i continue to like the u.s.-based companies. europe has had a pretty good rally. i think there are really good opportunities, not just in individual stocks, but in sectors, especially in the areas of the u.s. market, not to dismiss the large caps. they're very good also, but i think that the u.s. stock market is going to continue to purchase very very well. through the next several years as well. >> kitchen, let me turn you to retail. barron's had an article over the weekend suggesting perhaps that retail stocks may provide some compelling values, a number of them especially the teen retailers have really been decimated this year. would you look at the retail sector or no? >> retail are more broadly

consumer discretionary has been a powerhouse driving these standard & poor's 500, and consumer spending has been very solid. so looking back the last four, five years, really it has been about the consumer, appeared you have done very well in consumer stocks. i think you have to be more selective now, because valuations i think for the index at large are higher income growth is still kind of lackluster, so i think you have to be careful there. >> what do you think, gene? >> well, i agree. i think that the retailers have run pretty hard, especially the ones in the forefront of leadership. they're a bit extended, a bit overbought, so i would be tending to look at them more on weakness, but i wouldn't chase their short-term strength. >> i really think the core leadership is till? technology, health care, energy and manufacturing. >> what kind of an earnings

season are you expecting, gene? we've officially gotten under way, and a triple-digit advance. is it going to be a solid season, do you think if and will it be a solid season because of the reduced expectations? >> well, i think it will be a solid season from the standpoint of results versus expectations. i think analysts are still generally kind of restrained in their ratings, their targets, even when they have a buy ratingsing, the starts seem to be conservative for the most part. i think the environment is quite fertile, and continues to beat by a significant margin. that continues to play in this story of anticipation. it's going to do well. once the anticipation turns to expectation, it's going to be game over. >> very quickly, kevin, you want to comment before i have to go? >> by the way, i like all groups your other guest mentions. i think the name of the game is the market will deliver the good

in terms of earnings. i would look out to 2015, though. the growth rates for next year are 12%. that just seems to be inconsistent given where growth in the economy and margins are already. i'm thinking those numbers have to come down at some point. >> thank you, gentlemen. both. back up to d.c., dom? >> so this is what's happening with u.s. steel shares. the stock is moving lower, down by nearly 5% in trading, or it could be investors are selling on this particular news. the stock is up already more than so%, so u.s. steel shares certainly, sue and tyler, very much in focus. >> absolutely, dom. phil lebeau will be with us in a few moments. he go exclusive interviews at

the air show. he will join us in just a second. plus things on the streets of argentina got quite messy after that country lost to germany in yesterday's world cup final. we'll have the very latest on the riots. a different kind of mess in the western and central u.s. that and more on the the cold front that's about to hit. hang on to your hats. we're back in a moment on "power lunch." in a world that's changing faster than ever, 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.

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lunch." check out shares of whiting petroleum. it's biding kodiak, now this deal will create the largest oil procedure in the north dakota bakken shale region. it's also the reason why we're saying this, it's a good day for john paulson. as of march 31st his firm owned nearly 26 million shares of kodiak, a 9.8% stake nearly $4 million. john paulson will be one of the guests at the cnbc delivering alpha conference you will all day wednesday back over to you. >> very interesting. we look forward to that. the soccer fans in argentina now taking second place at the world cup too kindly. rye theers went to the streets after that tear lost 1-0 in

germany -- to germany in yesterday's extra-time final. rioters threw bricks, rocks at the police after watching the game on huge screens. 15 officers were injured, about 30 rioters were arrested. i wonder what folks think that accomplishes. >> some terrible weather here at home in the western and central united states. this comes from tucson, arizona. as you can see, heavy rain, there was hail, strong winds measuring up to 65 miles per hour, knocked down power and phone lines. and arizona isn't the only part of the u.s. experiencing rough weather. the midwest is about to get some have chilly july air, believe it or not. here's the weather channel's carl parker. >> we're looking at an unusual plunge of cool air down through the middle of the country. this is how that's going to work. this is not, by the way, the

polar vortex, even though that's been all over the web. it's just a strong cold front, and it will sink, and highs will be will 10 to 20 degrees below average. this is through the next few days. this is what that looks like in chicago. temperatures dropping down into the lower 70s for highs, the average high, 85 degrees, and in our nation's capital, temperatures dropping down into the lower 80s wednesday into friday as well. back to you. all right, carl. thank you. one of the world's biggest air shows under way over in england, one of the highlights of phil lebeau's reporting here, kind of the c.e.s. of the airline and aircraft business. billions of dollars of deals over at stake. phil is with us from farmborough speaking with boeing's ceo. >> >> reporter: hey, tyler thank you very much. the air show has shut down for the day, but the aircraft is

still taking off. one of the big stories belonged to airbust introducing a brand-new plane. they do have the a-330. this neo version will be 14% more fuel efficient aimed squarely at the wide body market, which increasingly has seen orders going to boeing. how much of a threat is this to the dreamliner? here says boeing's ceo. >> it's an older technology airplane that's being improved, it will compete with brand-new technology airplanes that we've got across a wide spectrum of wide bodies. so -- we always welcome the competition. we feel highly confident in our new technology line that is already in place as it competes against a refiduciary ira330. >> reporter: the market overall so many orders over the last four years, people have said are

we close to a bubble? >> yeah. >> reporter: what's your take? >> the numbers say we're not we track deferrals and canc cancelations, below historical averages. there have been some in the industry. i think others would have to answer to those trends, but we see ongoing strong demand. and we're going to produce to it. >> jim mcnerney is not the only ceo you spoke with today. >> he you also had a rare interview with lockheed martin's ceo, correct? >> reporter: right. he doesn't give a lot of interviews regarding the state

of the defense industry, and of course a lot of the questions surrounding the f-35. by the way that was supposed to fly here today, into i have beenly the public debut if you will, but remember late june there was an engine fire on an f-35. it's been grounded, and has not been cleared by the department of defense to begin flying again. here's what marilyn houston has to say about her company with military contracts overall. >> we're certainly looking forward to see the f-35 here. it's a unique capability for the u.s. government as well as for allies around the world and we're in a development program right now, so we're in the midst of dealing with a particular issue, but we work through the issue and we, and many people say great potential, but it's having trouble getting out of the gate. what do you say to the critics. >> i same we rebaselined the

program since 2010 and since then it's been on a great trajectory. in fact we've delivered over 100 aircraft, driven the cost down to the current deliveries by 55%. we are investing additional monies in it, the industry team so that we can continue to drive that cost down. and i'm extremely confident. >> reporter: as you look at shares of lockheed martin and boeing over the last year, we could see the f-35 potential fly here at the farnborough air show, but increasingly people are saying if it wasn't here today i'm not sure it will be here all week. >> very nice returns for both lockheed and boeing over the past one year. phil, tang you. the profit trying to save crumbs. the star marcus lemonis buying the chain with another investment group. he'll tell us about his turnaround plan. plus more and more companies

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lunch." we're watching shares of exelike is. you can see the stock is up about 15, 16, now 17%. this is a smaller cap biotech company, but still one name a lot of these types of investors want to watch. sue, back over to you. let's check out stratsis. on the news that 3-d printers will begin selling in their stories. and trip adviser downgraded. add ryder systems higher, increasing the quarterly different. the stock is up 1.25%. ty, up to you. crumbs bake shop if a

bankruptcy judge goes along, has been saved from crumbling by lemonis acquisition company, he's the owner of cample world and good sam, and of course the star of the cnbc "the profit." welcome marcus live from l.a. before meeting with critics about the next season of "the profit." one question on the table and out of the way. will crumbs appear on "the profit"? >> they will not appear. this has really nothing to do with the show. it's about trying to save a business that closed about a week or so ago. >> so what is the biggest thing that you think is wrong with crumbs and what will you do to fix it? >> it's not just about crumbs, but about this whole niche space of opening up thinks fixed-cost

locations around the country that deliver one protect. while i'm a fan of the complain cake i don't believe that any business can make it singularly on one product. the goal really is to have it carry multiple products, whether it's pies, cookies, ice cream, a variety of things, because as things move in and out of popularity, we want to be nimble. >> marcus, this is not your first investment by a long shot. why do you like that space so much? >> weiss always make people happy. i don't want to say it's recessionproof, but largely recessionproof. wet a number of episodes, whether it was key lime pie, ice cream or candy, that will all be integrated. it's an odd thing this will be the first time that reality truly meets reality. part of my motivation for attempting to do this deal was

the ability to integrate some of the brands i already own. >> can you tell us what those are? so everybody knows what they can expect to see. >> what we could expect to see is mr. green tea ice cream, hopefully making a private label product for crumbs using their cupcake batter. sweet pete's candy, dip and dots. or partners, doc popcorn, matt's cookies. we'll have key west key like pie. we'll have coffee, and so really what we're trying to do is take crumbs back to the original intention. it was meant to be a bake shop, not a cupcake shop, so the go-forward proposition is that crumbs will be a sweets and snack destination, not a cupcake shop. >> so about 50 people came up to the set to tell me that they want me to ask you to please reopen the wall street store. it's on broad street. >> well, you know what? as you know, sue, i take business and money very

seriously. it's going to be a herk leanne effort to make this if business work. we'll be looking through the bankruptcy process at every single location. if they're not profitable, they'll go onto a drawing board and see if they can be made profitable. this is not an opportunity just to open up all these stores and sell a bunch of products. we want to be disciplined. if that story is a money maker it will reopen. if it's not, i can't promise that it will. it sounds like it's going to be more of a quick food destination rather than a bake shop where you come to buy baked goods. is there anything about the quality of the cupcakes you could change? i have heard critics say that they taste cold and not as soft and succulent, let me put it, as they expect. >> i'm one of those critics as well. i think they overexpanded too fast, and the key to the baking business is the actual manufacturing process. when you're not kind of putting

the care and love into making the product and mass producing it in a way that requires you to freeze it overnight and thaw it out, it's not exactly the best solution. so it won't be a place where you can get a hamburger. it will be a place where you can buy a cupcake, pie, coffee, ice cream, so you want you to think of it as a sweet and snack shops, but there will be no sandwiches or soup there. >> marcus, thanks and good luck this afternoon with the harsh tv critics. >> thank you, tyler. >> thanks, marcus. the gold market very actively sold in this morning's trading session. silver as well. as a matter of fact we have a better than 2% decline in the gold market, and in silver, we were down 2% now that's accelerated at the close. losses better than 1% in the platinum market, so it's red 5u89 way across the board. to the bond market now, and rick santelli, at cme in chicago. ricky?

>> hi, sue. we are up a couple basis points, but if we look at a two-day we're flirting with the higher yields, lower prices from friday, really in the grand scheme of things, i guess the next chart says it all. this is june 1st, so we'll caulk it six weeks. there's a lot of would above us in terms of yield resistance, not only around the 256, 257 level, but look at the high owes portion of that chart. that's the key level. if we look at the ayg, an etf for high yield, it definitely looks like it's rolling over. let's pay close attention to what this may mean. back to you. >> rick, thanks very much. all the rage these days, what exactly are this they? who does 2 why? should congress do something about it? we look at all the angles next. what do you think congress should do? lower the corporate tax rate? close loop holes? do nothing? vote.

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welcome back to "power lunch." the dow jones industrial average

is having its best day in nearly two months. right now the blue chip's in record territory. they're up about 121 points. leading the way higher, big names like visa. unitedhealth, boeing, jpmorgan, when visa goes up, it does have a large impact on the dow. >> absolutely, dom. let's talk more about the market. here at post 9 is bob pisani, back to elaborate. >> seems to be less worries. earnings off to a good start. if you look at the markets, this started overseas. china off very well. shanghai on the up side, nikkei on the up side as well. there you see germany with a nice close. and we're in a sense a big of lag guards on that. emerges markets very nice volume

today look into psi, turkey and thailand. elsewhere, big volume and commodity etfs, we talked about the decline in gold, but the u.s. oil fund down again today. there is that gsg, a big fund for commodities. that's been declining almost every day this month so star. finally the financials, and the technology stocks, and the industrial names, all of them, of course, cyclical in nature. >> hi, seema. >> the nasdaq 100 at a fresh 14-year high. apple is playing a big role. analysts are getting increasingly positive of apple ahead of the iphone 6 launch. giving ceo tim cook a thumbs up. let's also talk about the iphone 6.

pa risk cresse says invensense will benefit. another stock that stands about benefit. nxp. back to you. seema, thank you very much. m & a monday, or insertion. myllan buying abbott labs. it says it will expand its business outside the u.s. it will be organized in the netherlands, head quartered in pittsburgh, and that will help reduce tax expenses. it is the latest of these tax inversion deals. how do they actually work? dom any chu actually explains. >> tax inversions, simply put, a strategy that can be used to

help shrink corporate tax bills. you move your headquarters from the u.s. to another country with a lower tax rates. right now the tax on those profits is 35%. a tax inversion could drop that bill to zero in some cases. for example, michigan-based drug maker perrigo bought irish drub maker elaine, and moved its headquarters there, and helping to save an estimated $150 million a year. they're not the only ones. new jersey based drug company activist bought ireland will cot, and did the same thing. which i quita brands and medtronic are in pending mergers that would relocate their tax bases to ireland. walgreens is also said to be considering a deal to bring it under switzerland's taxing authority. of course, all of this is costing america a lot of tax

revenue. the government wants to do all it can to close these tax inversion loop holes, which could cost uncle same billions of dollars over thing years. >> let's bring in meg tirrell and dom which you to discuss it more. we also want to know what you think, and let us know how you feel. meg, why so many of these dials in the pharmaceutical and medical device area? >> it's totally fascinating. really i think it comes down to a domino effect. once one company starts to do this, it makes assets scarcer, and also makes it hard to compete. valiant which has a low tax rate, they can buy something and it can be cheaper for them. so then competitors are starting to do it, and it's really starting to escalate. >> speak of domino, dom chu, why are these things as to happening now? this situation existed before

this spring, and yet this spring and summer is when the deals have blossomed. kind of when you go to a stock board and see the red or the green, it's where the action is. the more and more of these companies that do it, to meg's point, are ought a competitive disadvantage from a cost structure basis -- >> if you don't do did? >> if you don't do it. >> my question is what took them so long? itches as you try to squeeze out more profds, look at ways to enhance your business, your operating efficiency, you look towards creative finance. this is very much how you pay in taxes, how much you book in profits and everything else. this is the way to do it perhaps without having to expand and expand gross sales or net sales. >> also, we had a tax holiday a few years ago. the longer we wait until we have another one or another way those hoards pile up. >> and they've got to do something. >> and it's not just in the pharmaceutical area, it's in

technology, as we famously know. >> being this is so controversial. we get to deserve the u.s. tax dollars. they pay for things like military protection and everything else. there's two sides to the story as well. >> let's gem eamon javers as perspective. dom hits the nail on the head. why is congress not doing something about what you might call a loophole that would be very easy. it could seem to fix, though nothing is easy in washington. >> that's the answer, nothing is easy in washington. the reason why washington is sitting on its hands is because washington is divided on its issue. you have some lawmakers like senator carl levin who has a proposal to stop the corporate inversions. he says it will be billions lost to the american treasury. on the other hand, you've got republican lawmakers who say, hey, look it's not the company's fault if the taxes are too high. we need to fix the corporate tax structure and lower taxes overall, and that will keep them from feeling like they have to

flee the american tax regime. there's two ways of looking at this. levin's bill will probably go nowhere on its own, and they might look at it as it comes to the fall, one of the add-ones that you can tack on a larger about ilto try to raise revenue for something else. so in the horse trading of washington, that might have a chance, but it's not going anywhere as a stand-alone bill. >> eamon, meg, dom, thank you very much. let's lock in the vote. you you have responsibled, 62% of you say lower the corporate tax rate. 29% say close loopholes. 9% say you don't need to do anything, the free markets will sort it all out. sue, down to you. ty, as you know dominic chu will be back in a couple minutes and go inside earnings center and tell us what stocks have performed the worst after they report results. and we'll look at phoenix

real estate. hi, diana. >> demand destruction in phoenix. we'll tell you how it happened and what it means for the rest of us, coming up next on "power lunch." nions about stocks out there, how do you know which ones to follow? the equity summary score consolidates the ratings of up to 10 independent research providers into a single score that's weighted based on how accurate they've been in the past. i'm howard spielberg of fidelity investments. the equity summary score is one more innovative reason serious investors are choosing fidelity. call or click to open your fidelity account today. so when my moderate to severe chronic plaque psoriasis them. was also on display, i'd had it. i finally had a serious talk with my dermatologist. this time, he prescribed humira-adalimumab. humira helps to clear the surface of my skin by actually working inside my body.

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today his doctor has him on a bayer aspirin regimen to help reduce the risk of another one. if you've had a heart attack be sure to talk to your doctor before you begin an aspirin regimen. upgraded to overweight at jpmorgan, though the firm cutting the price tar on the strahan. ebay downgraded to set to perform from outperform. shares right now down half a percent. reynolds american upgraded to sector perform at rbc capital, the firm increasing the price target. the stock is up better that that 2%. as you know, earnings season is under way. we told you about the stocks that typical perform the best. but what about the worst? >> hi, dom. >> 24 dpees have had four

straight quarters on positive stock gains on their earnings day or just thereafter. 32 companies in the s&p 500, just 32, have had four consecutive quarters of negative price performance on or after the day of their earnings. the third worst performing stock was whole foods market, losing an average of nearly 10% of its value. now, last quarter this company posted an earnings day loss of 19% after it cut its comparable sales, citing increased competition, so whole foods not a great one. the second worst average earnings day performer for the past consec coals avon. the stock is also down around 10% on average each of those times, sales have been declining. the companies blame the dropping in active representatives among other things, the shares have lost over a third of their value over the course of the past 12 months. the sing the worst performing stock in the entire s&p 500, the day after earnings is staples,

which has lost, again, each of the last four quarterly earnings records. in the case of staples, weaker traffic driven by emorse, as a, so again, a lot of companies, but not that many, just 32, four straight titles earnings day losses. >> with those it's sell on the day and go away. right? thank you. to housing now. prices are now falling again in phoenix and demand is basically dried up. diana olick jones us from washington. >> phoenix is so important to watch, because it was ground zero for the housing boom, then the bust, then the investor fed rental trade recovery. it was often an indicator for the rest of the nation as well. now phoenix is falling again. home prices which surged dramatically in 2013 are now flat and weakening. supply felt in may down 4%. why? well, completed foreclosures are

down 50% from a year ago. all these numbers from asu's w.p. carriey school of business. normal resales down 2%. sales of newly built homes down 4%. investor flips down 53%. short sales and pre-foreclosures down 73%. sales of bank owned homes down 20%. sales of homes owned by fannie and freddie down 44%. you get the picture. more color from john burns real estate. the phoenix market has been cold for a long time. 50% of builders dropped prices, including incentives, demand is weak and weakening. supply and affordable he says is fine. one more thin from researchers, move up owner/occupiers and second home buyers are starting for compensate. activity from first-time buyers is unusually low, like the rest

of the country. the only action is really on the top end of the market, even though that is starting to weaken as well. >> diana, thank you very much. that brings us to our yahoo finance question of the day. do you think the housing market is getting better or not. 23% say yes, definitely. 44% say slowly, but not fast enough. 17% say it's getting worse, and 17% say it has not changed. the delivering alpha conference is just a couple days away. cnbc is there live. we'll take a look back at last year's most memorable moments, and a look ahead to this year, when "power lunch" returns with the dow up 121 points. [ male announcer ] the mercedes-benz summer event is here.

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welcome back to "power lunch." the stocks moving higher. from proagainics. you can see they're up about 3% on the news. it's trading, you can see as many as well. on the smaller cap side, still

up 9%. >> thanks very much, dom, counting down, it's actually three days -- is it two days or three -- >> i call it two. >> what, we can't counseled at cnbc? that's not a good sign. >> investors will immediate to unveil the next big ideas, and cnbc will be cover it live. kate kelly, when it comes to markets. monetary pod, there will be a lot of questions there, including i think some to jack lew the treasury secretary about tax inversions, i would guess. >> absolutely. shire being the latest example of people trying to take advantage of lower tax base rejeeps, and a lot of questions about what's the proposeness? but at the same time there are national issues of job creation, europe is grappling with this right now, and how much of these

jobs to we want to keep on shore? let's talk about one of the guests that you have brof into the fold, for the first time, very rare that ken griffin good public interviews, that's right, never joined us at delivering alpha before, but i'm excited. he's always sort of a barnburner. he thought wall street had a cartel mentality and we should bring glass-steagall back. this year a couple hot button issues, one of them citadel was taken to task in "flash boys" essentially rigging the market, so he did testify about this issue, griffin did last week to the senate banks committee, but i imagine he may elaborate on some of those remarks with me, with any luck, and maybe tell us

what they plan to do at citadel differently. i notice he believes the market is sound and investor ares getting good fills. i'm also curious to hear his market outlook. >> and several politicians, we mentioned jack lew will be there, but also chris christie. what are the kinds of issues you expect to come up, maybe especially with governor christie. >> it will be interesting if you look at it broadly. so much dysfunction, so much inability to get things done. the states and to a certainly extent president obama, the executives in our country are having to make more decisions. what he's done with infrastructure, what his's doing with the budget, what his priorities are for business as well as consumers could be very interesting. kate, thank you very much. we'll see you wednesday. hope to see you before that, too. forget about germany, the world cup's real winner, right after this. ining the competition tomorrow requires challenging your business inside and out today.

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welcome back to power. forget about germany, the real winner in soccer is none other than manchester united. we told you last week that nike would no longer, it became official. they made a deal with adidas the

as for niker, still up about 1%. back over to you guys. a new coach coming in, very coach coach from the netherlands. >> it will be fun to watch how that plays owl. thank do it for "power lunch." >> "street signs" begins now. it's a rally monday. stocks again at record highs, multibillion dollar deals driving the action. hi, everybody. with one oil deal done, we have a list for you of three more independence oil companies that hung funds absolutely love. the ceo of one of the other deal companies tell us why infrastructure may be the best investling opportunity out there, and though everybody seems to love etfs, the startling stat on just how few actually beat the market. mandy, apparently fear of portugal's banking scare lasting about as long as their world cup