buy here. >> mike murphy? i kinder morgan, kmi. dividend after the restructure. >> priceline i think looks good here. that does it for us have a great rest of the day. dow up nearly 100 points s "power lunch" picks it from here. halftime is over. "power lunch" and the second half of the trading day start right now. >> shares of macy's getting discounted after a weak earnings report and even weaker outlook, a tough month overall for retailers. mayy's moving lower, there are the stocks over the past month. all down. where are people buying? where are they getting clothes? who is doing retail right? we've got some insights on that. oil down almost 10%, as you see there, about 8.5 in recent months. is this the best predictor of

the economy. oil, should we forget all the forecasts and run for the hills when you see prices moving down? that's brent. west texas even lower. walls of water from the midwest to the east coast. look at that. major flooding, really intense storms this morning on the east coast, and through much of the central and eastern part of the u.s. this is from nebraska, a hospital getting absolutely washed out as water came rushing in. first, though, to sue at the nyse. >> separate dramatic video, tyler. we're going to start with stocks. the dow jones industrial average is on the up side now by almost 100 points. the s&p is up 12. nasdaq composite up 36 and the russell is with up modestly.

up 62 points. the ten-year u.s. stocks here at home rising. so here are the -- and then falls, japan 'gmt dp for qit plumme plummets, and china's money flow slows, u.s. retail sales for july below expectations. that begs the question -- el we just the best-looking markets among mediocre performing markets? or why else are we you? >> i think this is a buy the dip day. we had a tough time throughout europe, japan, the whole month essentially. we have a global rally. there wasn't just anything one thing here. gdp was disappointed, they were expected to be down 7%. it was a crumby gdp, so we bounce the in japan, korea bounced germany was strong

throughout the day. so we've got some real stability now. the 3:1 advancing to declining stocks, momentum names, the old names you all know. all stable today. on the up side rallying nicely. oil is at 13 month lows. brent is a big positive for the consumer. the markets are overall. if you look at the vix the vix is down at 13 again, so the market is not expecting too much activity. finally don't get too excited about all this. i don't normally show you. this is a way of showing -- i haven't seen it in a long time, how stocks are performing volume on the up side versus volume on the down side, when it's well over 1, it means not as much volume proportionately, in other words, this market isn't quite as strong as you actually think. there's more declining volume in

a lot of these stocks than it look like. >> thank you bob. see you in a bit. to chicago now with breaking news. the ten-year notes up for auction. >> we're going to give it a c-plus. a bit better than yesterday's auction. let's go through the internals. then it would trade and go back. so it didn't really price very tight in my opinion. that's where a little of the downgrade comes in. but just the last auction we had a 288 so all things considered

tomorrow we'll have 30-year bonds. more breaking news this hour brazilian markets. chief international correspondent michelle caruso-cabrera is tracking the news. >> eduardo camp poos, and they e he died. we have video from local brazilian television, which shows the site. this has caused large disarray in the markets, and within the campaign for the presidency coming in october, because it's unclear where eduardo campos' votes will go. he had about 10% of the vote. now he will not be part of the race, where do they go?

and then mean that there would be no runoff election in october. you can see the trade here in the united states. the currency, all moving very sharply. a lot of investors do not like the current president of brazil. they would like her to lose. the more her polls suffer, the brilliant market improves. the question is as to what degree does it affect her ability to win. back to you. >> with all bad news, is the u.s. the best place to buy stocks right now? the you tilts are down.

take a look at the chart, you can see it's been a slow and steady move to the down side. we now are joined by ben willis, and michael farr is president of farr, miller and washington. bob says it's a buy the dip day, but what about the other indicators. on a dime we turned and gave it back. the question is whether we get back through 1950, is the next resistance level. but the argument about the bull market we're seat right now seems to be arguing over the quality of the champagne. things are good and when you

look at when that news hit the tame, our future screen to the up side. so the rest of the world economy is doing okay. but overall there's still pretty good pictures out there. >> i think, michael, you pretty much agree with most of that. is that correct? >> i do. i just like the cleanest dirty shirt -- i hadn't heard that one. i like that. i think the u.s. is in a good position this is really not a big deal. up 32% last year, up another 5% or 6% so far this year. when we see this pullback that we've seen in the industrial stocks, when we have the yields falling on the ten-year treasury. when we have energy prices coming down, we're getting clear message that is we're not amid

some robust economic recovery, but steady as she goes is not bad for these levels. i'm agreeing with the champagne. >> all right. what would you be putting money into right now, michael? >> i think you always try, sue, hit them where they ain't. i continue to like health care, i continue to like consumer staples. pe multiples are high. the stock market is at an all-time high. while people are getting giddy about the returns, this is no time to tread to the thin branches. united tech nolgszs, one of the industrial companies i talked about earlier has pulled back. i like that company a lot. i like the emerging natural foods business. so whole foods down 40%. i think they're here for the long term. i like the numbers, i like that stock and i like united natural foods as well. >> ben, thank you. micha michael, always good to see you. dominic chu has a market flash.

they're all moving higher, so yes, back over to you. >> thank you very much. that never hurts the airline stocks, by the way. is this the best global economic gauge? that's the question. could forecasters be wrong and oil right? in other words, is the -- is oil saying that the global economy is weakening market? let's ask steve, chief economist at mizzuo security in the u.s. is oil telling a story that we are missing? >> i think oil is reflecting the fact that a global economy is not as robust as it has been in the past few years. i think there is a bit of a concern, you know, that europe is losing a bit of momentum.

china really isn't getting all that momentum despite the discussion about the product numbers. the reality is china is being stimulated very aggressively by its central bank and its government will continue to need to be so in order to maintain lower growth numbers. at the same time latin america is also not doing particularly well. we're just basically bumbling along, so the recall is demand side isn't there. i am concerned about getting overly worked up about the fact that oil prices keep on sliding lower, because what we have in the united states right now is expensive energy. and if oil prices keep on sliding, you're going to see a lot of shutdown of product, because it's uneconomical. but supply is higher than it has been. that's the other side of the equation here. >> throws no doubt there is supply, but you also have to keen in mind that is a function

of price. when it costs you to take it out of ground to produce it, once you get to a point where prices drop down, you'll start to see some significant shut-back of production to come in. that will limit the downward movement on prices. that's part of the problem. we don't have energy renaissance. that complies bunden energy at very cheap prices. we wen see oil prices drift down, you're going -- that's from a person standpoint. but is that really going to drive the u.s. economic recovery forward? >> the reality is most the causality goes from the energy to the economic, not as much from the economy back to energy. even though the demand is there, a lot of it comes down to the

pricing pow are being driven by the supply components. >> thank you very much for being with is. i can't remember the last time i saw mayy's react the way it has. the stock is falling after posting weaker than expected profits and cutting the full-year outlook it's down about 6% on the trade. all feeling the effects. back over to you guys. >> we're going to talk more about that. if people are not shopping at macy's where are they shopping or perhaps better said, how are they shopping? she just released a report today, and the only way that retailers can win is to conquer mobile. good to have you with us. thank for joining us. >> thanks for having me on, sue. >> who is taking market share if

mobile is the way to go, and macy's isn't managing to pull people in? >> we think they could be having market share taken away on both ends. j., j.c. penney was absolutely struggling. they basically walked away $6 billion of revenues under prior management you actually have some of the these walking away to israel over j.c. penney. >> you wouldn't have thought that just a couple years ago, as you said. >> exactly. but we are expecting them to post positive single digit or same-store gains. >> on the higher end you have folks like nordstrom. >> right. tell me what nordstrom is executing well on. >> i think what's so great about nordstrom is they are where the

consumer is, and you're right, the consumers on their mobile phones are more apt to get on it before they get in a car. nordstrom has been a van guard as far as making tech savvy investments as a retailer. they have done a long as to their mobile engagement. they have a fantastic mobile app.. they were exactly where their customer is -- online. >> thank you. we'll leave it there. very interesting report. a big mystery involving one of the world's top luxury hotel brands. this is a story you don't want to miss. it will shock you. and the truth behind america's broken tax system. how much do corporations really pay? dom chu knows. >> in fiscal 2012, the government corrected about 2.2 trillion in cabses, how much do

you think is corporate taxes? the answer may surprise you. >> we'll tell them when we come right back. there are no branche? 24/7 it's just i'm a little reluctant to try new things. what's wrong with trying new things? feel that in your muscles? yeah... i do... try a new way to bank, where no branches equals great rates. in today's market, a lot can happen in a second. with fidelity's guaranteed one-second trade execution, we route your order to up to 75 market centers to look for the best possible price, maybe even better than you expected. it's all part of our goal to execute your trade in one second. i'm derrick chan of fidelity investments. our one-second trade execution is one more innovative reason serious investors are choosing fidelity.

call or click to open your fidelity account today.

welcome back. this on the record that they're taking interests -- the stock is currently trading up about 14.5%. sue, back to you. >> thanks, meg.

appreciate it very much. sea world missing estimates. the theme park operator also forecasting a drop in revenue and earnings for this year. the stock is poised for the worst day on record. it is down 33.5%. southern company downyayed to underweight from equal weight. the firm also cutting the price target to $40 from $46. the stock is faring pretty well given that it's off. and es, property upgrading, also raising a price target to $214 to 188. the stock is responding by moving up almost -- the lieu of recent so-called inversion deals put the spotlight on america's tax code. all day on cnbc, we take a close-up look at the u.s. tax system. dominic chu is back with us about the truth about corporate tax systems. >> here in america it's interesting. we went back to data back in

2012, fiscal year 2012. we found that they collected net taxes about 2.2 trillion. it's interesting. corporate taxes has been a huge subject, make up a decent-sized chunk, but not the biggest. the big chunk -- a bigger chunk comes in the 36% from employment taxes that get taken out of paychecks, and the vast majority of it, the vast majority, 50% of all taxes collected comes from you and i, individual taxes, estate taxes, trust taxes, that sort of thing. that's where the bulk of tax income comes from, about 10 cents out of every dollar. if you frame that with regard to other big countries around the oecd has its own estimates about 20 is it and what percentage of

gdp, economic activity those tax dollars make up. you can see the u.s. here, about a quarter of all tax revenue, then you have chile, 21%, south korea, 27%, germany, it's almost 40% of its gdp in terms of taxes, and then detection mar is a big one. nearly half of their gdp is collected in tax revenue. just the corporate tax side alone, this is interesting. for the u.s., about 2.5 of gdp comes from corporate taxes, germany, only 1.8%. that's what a lot of people say, but look at canada. 3% comes from corporate taxes. all the way up to japan, and then on the far end of the spectrum. norway, almost 10.5%, tyler of their gdp is in just corporate taxes.

what that does. >> interesting numbers. dom, thank you very much. today's yahoo finance question of the day -- where do you stand? 13% say corporations should pay more. 19% says less. 53% say lose the loopholes. 15% say there should be zero corporate income tax. sue? ty, this is a really bizarre and very disturbing story. the body of an american woman found stuffed inside a suitcase in the luxury resort the st. regis in bali. what have you been able to dig up? >> 62-year-old shielda von, a former aide to the late senator kennedy. she was staying at the posh

resort with her daughter and daughter 'boyfriend, both of them are now under arrest. mac's body was found in a suitcase in the trunk of a taxi. according to local news reports, the taxi driver tells the police that the young couple had hailed him at the hotel, put the suitcase in the trunk, so two hours go by, the couple doesn't show up, the driver -- and that's when the bloody body is discovered. the couple later found at another hotel, reportedly claiming they had been abducted and escaped. the citi regis is a five-star resort where rooms this time of year start at $800 a night. >> it will be interesting to see what we can find out about that story. scott, thank you very much. big news from facebook. julia boorstin is in l.a.

hi, julia. facebook unveiling a totally new way to measure house its ads work. i'll have the details after the break. up next, lights, camera, power pitch. a cell phone case aiming for the picture perfect selfie. will the panelists strike a pose or shut it down? >> 39.95 mae strike some as steep. >> what stops someone like apple from doing the same thing? >> are you in or are you out? go to cnbc.com/vote right now. get ready to start voting.

moderate to severe is tough, but i've managed. i got to be pretty good at managing my symptoms, except that managing my symptoms was all i was doing. when i finally told my doctor, he said my crohn's was not under control. he said humira is for adults like me who have tried other medications but still experience the symptoms of moderate to severe crohn's disease. and that in clinical studies, the majority of patients on humira saw significant symptom relief. and many achieved remission. humira can lower your ability to fight infections, including tuberculosis. serious, sometimes fatal infections and cancers, including lymphoma, have happened; as have blood, liver, and nervous system problems, serious allergic reactions, and new or worsening heart failure. before treatment, get tested for tb. tell your doctor if you've been to areas where certain

fungal infections are common, and if you've had tb, hepatitis b, are prone to infections, or have flu-like symptoms or sores. don't start humira if you have an infection. if you're still just managing your symptoms, ask your gastroenterologist about humira. with humira, remission is possible. you know.... there's a more enjoyable way to get your fiber. try phillips fiber good gummies. they're delicious and an excellent source of fiber to help support regularity. mmmm. these are good! the tasty side of fiber. from phillips with centurylink visionary cloud a brinfrastructure, and custom communications solutions, your business is more reliable, secure, and agile.

up about nearly 110 points. boeing, those names helping to power to the upside. >> it is the perfect simian selfie. that is a handsome ape. he took the perfect selfie. what about you did? do you tail good or bad selfies? log on to cnbc.com/vote and get ready to tell us. time now for the "power pitch" good-bye, monkey. entry prenears get 60 seconds.

about how -- about those selfies that you have been snapping. the only smart phone case that lights your face. it offers l.e.d. front-facing light to give you beautiful light anytime anywhere. here's the problem with taking selfies, you're on which at the mercy of the environment you're in. dimly let, or even dark. not a great place for video chatting or taking selfies. the solution is the lumee case, a patented technology to give you the perfect light, whether applying makeup, doing video chatting or even taking selfie. in 2013, the world of the year was "selfie." we believe that lumee has a vast

marketplace and great up side potential. we have issie lapowsky, at "wired" before this she was at "inc." cricketing to the under-30 list. and also joining us from san francisco is rebecca caden founded by starbucks. and her investments include everlane. and also from the bay area. patrick chung, where he focuses on consumer investing and seed investing, also the cofounder and partner of the experiment fund with early stage investments in consumer tech. i'm wondering how you distribute it. >> we're starting on the

internet. from there we'll be looking for distribution, other markets and perhaps retail. >> inevitably when you go to markets, even with patents, you attract competitors. how do you think about creating the right brand? >> we want to be the first case out there. we hope that will give you an competitive advantage. >> what is going to stop apple from, for example, doing exactly the same thing? >> i think that apple is in the business of information sharing. they're not in the business of making you look good. if they did, they would put a better front-facing camera. it will eat up moresh and more real estate on their phone, and if they're copying us, we're doing something right. >> how did you think about pricing 39.95 may strike somebody as steep.

>> we're not really concerned about the price, if you look at the wall of cases, of case that does nothing is $39, or $29. >> what other products railroad considering, product extensions? >> we're in development for the android phone, the samsung galaxy s5 and looking at tablets, too. it will be perfect for -- to put it in front of you and have the lights, almost like a makeup mirror, and you could virtually skype or facetime in any location. >> where are you manufacturing these? and how quickly can you turn them around for each additional model that comes out? currently we're overseas in china. we can get these done pretty quickly. there's not a lot of lead time on the components. frankly if we need to ship them by air, we'll ship them be air. >> are you in or out of on

lumee? this includes you, the viewers. and say when you're in orrous. >> is it however, i'm not positive that this is a big enough customer paying point they'll be willing to pay that $40 for something like this. unfortunately i'm out. >> i love how the product is both fun and functional. i think that makes for something that people will not only use, but talk about and share with their friends, but especially at this price point, eye worried about the competitive nature. for that reason i'm out. >> this company has to take a well-lit hard look at itself and ask the tough questions about differentiation and brand building, but i'm impressed by the fact that an individual nowadays can build and manufacture hardware and get it to the market.

so i have to say cuedo to you, alan. i'm in. >> alan, what's your reaction? >> i want to thank everything for their feedback, we're excited to look forward, and check us out at lumeecase.com. our live voting is also about to close. so that's today's "power pitch." and the vote is in. two out of three of you say no, you're out. just one out of three say they would be in. 60% say they take some bad selfies. sue. any time you can get good look i got on your face, it's a good thing. we know that well in this business. shares of facebook have been higher today, the the sorb julia

boorstin is in los angeles with the details. now, this is a crucial improvement in ad measurement as peel spend more time using facebook on multiple devices, and as marketers look for more information. facebook is in a unique position to connect these dots. it mass massive using on its mobile app.s, now -- some say the number of customers that click on the adding, and then went on to make a related purchase on the desktop. to understand the true impact of those mobile ads, this is key kerr that more than 60% of u.s. adults use at least two devices daily. more than 40% of those sometimes start an activity, like shopping, on one device and finish it on another.

that's a study according to altimeter group. their analyst says this is a potential game changer, and also predicts that other ad giants will work to copy this kind of tracking technology. sue? >> thank you very much, julia. all right. let's get another check of the bond market right now. we have that ten-year note auction under our belt at this point. rick santelli gave it a c-plus, but what's the after-market response? >> yields are moving down a bit. as a matter of fact open the chart up to july. and challenging the low clou not only of the year, but going back to june of last year. tomorrow lots of data out of europe. gdp for germany, france. back to you, sue and tyler. >> thank you very much, rick. appreciate that. health care costs a major worry for most americans and get ready

for more. >> this fall you're going to see a lot of big firms make us be better consumers, they're going to offer a lot of high deductible plans, but in some cases, they don't expect ugh to take them. i'll explain when "power lunch" returns. and revel in atlantic city shutting its doors. should sports gambling outside of nevada be legalized to help the casino business. go to cnbc.com/vote. let us know what you think. we'll discuss it after the break.

welcome back to "power lunch." check out shares of biocryst pharmaceuticals. and non-primates for treatment of viruses like ebola. it also said it would received money from the institute of allergy infectious diseases to advance the development of its drugs. up session sighs, sue. back over to you. dom, as you know it's been a day of really terrible weather, flooding up and down the entire

east coast coming from montgomery county maryland. rescue crews were called to the scene after cars stalled out in the water. small creeks turned into raging rivers after heavy rain. this is just up route 95 in baltimore. parking lots look pretty much like dirty swimming pools. meantime, parts of long island, east of new york city also hit very hard. last night ecommute a real struggle, rescue crews were called into action in suffolk county, down south in raleigh, north carolina, heavy rains also causing some flooding. in fact hotel guests in several parts of that city were forced to leave when the water came rushing into their hotel rooms. >> 13 inches of rain fell in islip, new york. get ready to pay more out of pocket.

shocking. >> is it? >> stop the presses! >> it's a continuing theme, but now we've got an added part to it, getting us to be better health care consumers will be the big push you'll see from large employers in 2015, a survey out today for the national businesssh says next year large employers plan to push us to be more cost-conscious. that means more cost-sharing, which we already know, and higher out of pocket costs. more than half of the 130 large firms surveyed will be expanding high deductible plan options. a third say they will offer only high deductible plans next year. 75% will offer a lot of new online pricing tools. >> i think the main take away from this survey is employers are looking to they're arming

them with more health care shopping resources. even if we don't sign up for them. >> that's -- a plan employees will actually take. that's irifr. calling time. do more need to close to revive the sector? hi, morgan, it actually sustain itself. initial which ones, and what all

of this -- >> mean time, since sports gap ming would be legalized to help the casino big overall. we want your vote. go to cnbc.com and cast your vote. back in a minute. of the bus might have a song that he has in his heade bus but he just can't get out. with the technology of cloud, we change all that. i can sing something into my device, up to the cloud it goes, back down it comes, sounding better. we break down the walls of creation and we give music creation for the masses. ♪ ♪ unlock the creativity in anyone. with the ibm cloud. the ibm cloud is the cloud for business. we do? i took the trash out. i know. and thank you so much for that. i think we should get a medicare supplement insurance plan. right now? [ male announcer ] whether you're new to medicare or not,

you may know it only covers about 80% of your part b medical expenses. it's up to you to pay the difference. so think about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement insurance plans, they help cover some of what medicare doesn't pay and could really save you in out-of-pocket medical costs. call now. with a medicare supplement plan, you'll be able to stay with your doctor. oh, you know, i love that guy. mm-hmm. [ male announcer ] these types of plans let you visit any doctor or hospital that accepts medicare patients. and there are no networks. you do your push-ups today? prepare to be amazed. [ male announcer ] don't wait. call today to request your free decision guide and find the aarp medicare supplement plan to go the distance with you. go long. i research. i dig. and dig some (trader more. search. because, for me, the challenge of the search... is almost as exciting as the thrill of the find. (announcer) at scottrade, we share your passion for trading.

that's why we rebuilt scottrade elite from the ground up - including a proprietary momentum indicator that makes researching sectors and industries even easier. because at scottrade, our passion is to power yours. at session highs, this is on a roll. and positive data on its experimental liver drug. the shares you can see are up. the stock is up a whopping 36%. that's just over the course of the past month, so tyler, a nice ride for certain shareholders. >> dominatodominator, thank you much. the gambling glut, revel announcing it's going to close. do more need to close. the president of borgata hotel and casino weighing in on "squawk box" today.

morgan britaennan, you cover casinos -- what do you not cover? >> it depends on the day what could close next. with more competition from nearby states and gaming revenues projected to keep falling in a.c., analysts say it's very likely we could see casinos start to close. this is courtesy of palladino. it outlines profitable at the 12 casinos that started the year. four already closing revel, trump plaza and showboat, but three more that are still open, they have not said they're closing, but they're posting losses. golden nugget resorts and bally's, also trump taj right on the kemp. only two names have actually increased their, tropicana and the borgata.

high higher end clibt tell, looking for gaming, entertainment, celebrity chefs, borgata has succeeded. that's thanks to its designs, the offerings, and the fact it was a big adopt are of join line gambling. that represents a very different clientele than its visitors. what the borgata president had to say about the challenges facing atlantic city. >> the supply that was built in atlantic city was built to satisfy a monopolistic position in the northeast. it's unrealistic to think that supply could be sustainable in the new competitive environment. >> and also -- new jersey just stopped trying to adopt. and he said it would have presented a nongaming revenue stream that would have helped casinos, particularly through soft pertains, but also noting it wouldn't have been a cure for

the larger woes that are still facing the city. >> helpful, but not curative. should sports gambling be legal outside of nevada? go vote now on cnbc.com/vote. interesting. morgan, stay with us as we're joined by a couple other guests. bill pascarel iii, and scotts surpriser, es espn radio host -- come on in. >> group hug. >> scott, i'm sorry you can't be with us here. scott, i'm going to begin with a dumb question, which i excel at. why do the sports leagues generally oppose sports betting outside of nevada? what's their beef? >> well, let's take the nfl. first of all, thanks for having me on your show today. if you look at what the nfl has done, they've decided it would put too much pressure on the officials, extra pressure that would make them even more

susceptible under the microscope and put that pressure to get the calls right even more than the pressure they are already under. that's one of the biggest arguments that, for instance, the nfl has made. there's also, you know, that thought that too many people will get involved with the world of sports betting if it is legalized. that can cause problems from a legal standpoint. i take just the opposite view, when it comes to that. the more it's regulated, the more it's on the up and up, the less chance for people to get involved with unscrupulous people. i'm opposite of what they're thinking and saying. it's a good argument, but i don't think it's factual. >> bill, on the face of it, it seems like why should las vegas have this monopoly in sports betting, and what's the history of it, and i gather you would favor expanding the ability to do sports betting. >> first of all, scott, i love the show, and monica -- >> morgan. >> i'm sorry.

>> that's all right. >> stunning beauty just mesmerized me. >> that's the right thing to say. >> nice recovery there, bill. >> that's the patterson coming occupy. sports betting unregulated is a debacle. it's horrible, because it puts money into the wrong people's hands. the nfl are a bunch of hip ochris. forget about brain injuries. they're hip ochris on gaming. they want to get into fantasy football, which they're in full square. every sunday when you turn on the various channels that support tv footballs, think talk about the lines and who is the favorite. why should nevada and delaware have a monopoly? it's a states rights issue, and i'm a democrat talking about states rights. when we passed an amendment in new jersey, they overwhelmingly supported it, governor christie and the democratic legislature put their arms around it, and we got defeated by the nfl.

there's a bill that was just on a governor's desk to -- >> how does the nfl defeat it? >> they went to court. we had ted olson in our corner. >> the attorney general, exactly. and the supreme court rejetted cert, which we applied for. the issue is not over. i think we're just starting to get into the -- because the nfl can't make the argument they're benefiting from it, but to say they think the referees will be prejudiced, well, why isn't that the case in nevada? >> let's let monica jump in -- morgan. i'm teasing. go ahead. >> one of the things that i've been hearing from people following this closely is this has the potential to follow a similar trajectory to online gambling. it wasn't allowed and eventually in large part because of the popular support, because of what was going on at the state level,

we started to see it come into more states. >> let me bring stout back in to react to what -- britain and ireland i'm thinking of, you can bet on extraordinarily obscure parlays. >> isn't everything better when it's regulated? the uk has done it right to a certain extent, but we do better thing in the united states when it comes to things like this. if you have the state of nevada, folks in the know for decades, watching over this, running the system and the government in their place to regulate it, the only opposings view that i think has any legs to stand on is the fact that we have to find out is if at much money can be made as we do believe it has the potential to do so, because we have to factor in whether making the changes financially from the government and the money they have to put into it would be --

would be able to equate what we would be able to make back. that's the only opposing argument that i think really has legs to it. but if you look at states' economies, you just talked about the grain of casinos, casinos closing in atlantic city, in mississippi, and then you look at the amount of money that has been taken in sports betting illegally, billions and billions -- >> scott, i'm sorry to have to interrupt you. we have to leave it there. you get a quick last word. >> i want to say we have to be careful when we talk about money with sports betting. 11.2 billion statewide revenues for nevada, only $425 million is from sports betting. >> good to see you. >> thanks for having me. let's lock in the vote. there you see it 77% says sports gambling should be legal outside the state of nevada. it was running the 0% in the middle of the segment, folks. 23% say no.

sue, there you go. today's rally putting the dow back in positive territory for the year, the nasdaq on a percentage basis the biggest winner. we'll find out what's leading the gains, coming up next. with all the opinions 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.

a strong market day all across the board. waffle the nasdaq on a percentage basis. that's basically the winner so far today, but we're not at the close yet. the nasdaq is up a full percent. on that note, that will do it for all of us on "power lunch." have a great afternoon, everybody. >> thanks for watching, everyone. "street signs" will pick up right after this short break. we'll see you back here tomorrow. a card that gave you that "i'm 16 and just got my first car" feeling. presenting the buypower card from capital one. redeem earnings toward part or even all of a new chevrolet, buick, gmc or cadillac - with no limits. so every time you use it, you're not just shopping for goods. you're shopping for something great. learn more at buypowercard.com

in a we believe outshining the competition tomorrow requires challenging your business inside and out today. at cognizant, we help forward-looking companies run better and run different - to give your customers every reason to keep looking for you. so if you're ready to see opportunities and see them through, we say: let's get to work. because the future belongs to those who challenge the present. it's been that way since the day you met. but your erectile dysfunction - it could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph like needing to go frequently or urgently. tell your doctor about all your medical conditions and medications, and ask if your heart is healthy enough for sexual activity. do not take cialis if you take nitrates for chest pain, as this may cause an unsafe drop in blood pressure.

do not drink alcohol in excess with cialis. side effects may include headache, upset stomach, delayed backache or muscle ache. to avoid long-term injury, seek immediate medical help for an erection lasting more than 4 hours. if you have any sudden decrease or loss in hearing or vision, or if you have any allergic reactions such as rash, hives, swelling of the lips, tongue or throat, or difficulty breathing or swallowing, stop taking cialis and get medical help right away. ask your doctor about cialis for daily use and a 30-tablet free trial. it's monday. a brand new start. your chance to rise and shine. with centurylink as your trusted technology partner, you can do just that. with our visionary cloud infrastructure, global broadband network and custom communications solutions, your business is more reliable - secure - agile. and with responsive, dedicated support, we help you shine every day of the week. centurylink your link to what's next.

welcome to "street signs", everybody. brian is out on assignment today, and is the numbers today got us thinking about the state of the u.s. consumers. throughout the show we'll be talking about each sector that relates to what we buy or maybe what we aren't buying. even health care, to see how you the consumer is faring. let's kick it off at the mall of one major retailer waving a huge red flag. courtney reagan, what on earth happened with macy's? >> itas