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tv   Power Lunch  CNBC  September 29, 2014 1:00pm-2:01pm EDT

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welcome back. we'll go around the horn and do final trades. >> long mck. >> i lying dow chemical. >> d.o.w.. >> sell walgreen's. >> that does it for us. halftime is over. the second half of your trading day begins now. been waiting here patiently for you you all morning. another wild trading day. stocks trimming their losses after the dow plunged triple digits at the open today. the dow now making triple digit moves one way or the other in eight of the past ten trading sessions. the market warning signs you need to watch right now and how to protect yourself, maybe even profit a little bit. china of course a major, major factor today. a fear factor contributing to the volatility. police using tear gas to break up pro democracy protesters in hong kong. what changed over the weekend?
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this is. is continue arab springlike movement under way? how hard will china crack down? the white house also weighing in. we are on the ground live in hong kong with the latest on this tense and developing story. most stocks are down recently. not this one. look at that. from 6-26, up. gopro shares on fire. all time high today 260% since i mentioned it went public back this june. the company unveiling its latest camera. we will have some of them here. will it help fuel sales higher. gopro in- join us live. >> it's a volatile day. stocks off their lows not by all that much, though. we started the day with a triple digit loss. clawing our way back. we moved up to about negative 42 and now down 80 again. so volatility definitely intact
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today. down 80 1/2 on the dow jones. nasdaq up almost 12. s&p 500 off 7 .75. so an interesting way to start the week. bob pisani joins me now. >> we had a lot of weakness in some emerging markets. you heard about the demonstrations in hong kong. but look at the s&p 500, looked like we wanted to go positive. but as you can see, we weakened a lot and started moving sideways in the last half hour. emerging markets are the weak link whether china or hong kong. brazil here, there are elections this weekend, concern the incumbent might win. she's unpopular with the stock market people. why are we talking about brazilian real? it's down 10% against the u.s. dollar. and if you're a u.s. company doing business there, this is a real problem. look at whirlpool.
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whirlpool gets 25% of its revenues in latin america. mostly in brazil. that stock is clearly being affected by what is going on over there. >> energy stocks, a bit weak again today, but huge volume. iye, big, big volume. 1,000% of normal volume today. what i think is going on is that oil has begun to stabilize. take a look here. we're in the low 90s and i think there are people trying to pick on the bottom. so not changing the prices a lot, but you can buy into that, not change the prices. and sort of bet a little bit on the market bottoming out. >> all right. thank you. see you in a little bit. stocks continue i don't like to say roller coaster ride, but it's been a roller coaster ride as we begin the new week and head into the final two days of trading in september. the dow making triple digit moves in eight of the past ten
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trading sessions. morgan brennan tracking the wild moves. >> maybe time for a neck brace. but we'll see here. because we have volatility criming bacrime creeping back into the market. certainly something to watch as we go through the rest of the trading session. vix up about 8% after gaining 23% last week. we have the protests in hong kong adding to investor concerns. russia, economic growth globally and of course the fed anticipated rate hike s next year. take a look at the dollar index trading about flat today, but still near four year highs. as the next earning season start, an lis will be watching sales for multinationals. but meantime, take a look at the mid caps, as well, the s&p 400
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falling this month. mid caps could be most at risk to currency headwinds because they're more volatile than the large caps and they do have the exposure abroad. so that down about 4% withis month. small caps down about 7%, 8% from july highs. these are sensitive to rising rates. russell 2,000 hit the technical death cross last monday and since trended lower. so strategists warn that the selloff in small caps could be a warning sign for the broader market. something to keep an eye on. lastly, high yield bonds, hyg, jnk, those are all tumbled this month, as well. down more than 3% a piece. junk bonds have a more positive correlation to equities than other bonds. so that is certainly something to watch closely, as well. sue, back to you. thank you so much. so where is the opportunity? thoughts from our market guest, sam wardwell joining us are
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boston. and here on the floor, john bennett. welcome on both of you. i'm going to start with you, john, if i could. how does the market lookjunctju? volatility seems on have increased dramatically. does this pore tetend the same pattern for october some will. >> i think we're coming off low volatility, so we have to expect back up in volatility. and i think it's a safe assumption that october is always a tricky month. get through. >> just get through it. where do you see opportunity right now? >> i think we're in the late stages of a bull market. and i think we just had a look at some of the charts on the russell for example this side of the water. i think that continues. i think the leadership is very much with large to mid cap so sectors such as health care. secular bull market. >> let me turn to you, sam.
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we were talking a lot about hong kong and the situation there. and it has always been the stable financial center in asia. and it brings china into play in a big way. how unsettling could this be if at all to the u.s. market? >> if it escalate, it's definitely going to be unsettling. if on the other hand this is just a tempest in the teapot, i think people will move past it pretty quickly. but it is the first thing we're seeing and clearly it has people's attention right now. >> a lot of headline risk out there. so sam, where are you putting money to work in this environment? to john's point, we came from very low volatility, but nonetheless, we've had triple digit swings in each direction for the last four or five days. >> the end of september can be si cyclically volatile. so i'm not surprised to see
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volatility pick up. i would agree we think that the stock market represents better value than the bond market look board for, say, 12 months. and within the stock market large cap, defensive stocks seem to be i don't want to say safest, but pretty attractively valued if you look forward 12 months. the u.s. economy looks fine to us here. >> do you agree that the economy looks good? we get mixed reports certainly and we're looking at a fed that might be tightening up sooner than expected by some measures. others disagree with that. >> i can only look with envy as a european. you had a trend here 4.something gdp growth. i think the u.s. economy looks fine. maybe a bit lopsided. europe we pray for anything beginning with a 1.0. >> what about europey headed ba recession? there is chatter going on because of the statistics you just brought up.
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>> i think that europe is recessive right now. i don't know that it really came out of recession. you get the official figure but i think you should 150uassume i in some form of recession. not necessarily a bad thing for the stock market. >> all right. we'll leave it on an optimistic note. back to you. a developing story contributing to came da today'sg sell soef, protesters flooding the streets of hong kong. the worst unrest since china took control of the former colony back by agreement in 1997. the white house urges hong kong authorities to show restraint. austin ramsey is there live on the ground where it is now very
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early to us morning. austin, welcome. what if anything is going on now in central or other parts of the city and what took place last evening monday might? >> reporter: i'm in central right now and there's still tens of thousands of protesters on the street. it's quite peaceful. the police presence has largely disappeared. so it's basically a bunch of young people hanging out on the busiest thoroughfare in town which has been shut down. >> some tear gas being deployed? we're seeing video, i'm not sure exactly when it is from, but was some tear gas deployed? has been the police response even though it seems to be receding some now you say? >> reporter: yes, there was tear gas and pepper spray used 24 hours ago, the previous night.
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it was highly ineffective in the sense that it didn't really manage to disperse the protests or force the protesters to leave. and also triggered a broader response and a lot of people in hong kong saw young people being pepper sprayed and hit with tear gas and were upset by it. and so how the numbers have swollen on the streets over the court of the day. >> austin, it seems to me that the problem is in essence that beijing is indifferent to the protests, but hong kong, the local government in hopping congress, needs support. otherwise it's just being undermined and this could become a much longer confrontation and threaten hong kong's reputation as a center for commerce and finance? >> reporter: yes. that is the issue. the issue is that the grievances
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that ultimately lie with beijing and the likelihood of beijing compromising are quite slim. and so what you may he said up s oig up seeing is a compromise on the local level. so hard to predict, but it's possible the current leader might step down. if we see any movement, i think it will be on the hong kong level as opposed to from beijing. >> austin, what was the predicate for these demonstrations? does it have to do with beijing's approach to new elections for the leader or mayor in our parlance of hong kong? what was the precipitating event? >> reporter: yes, that's exactly it. what beijing did, they agreed -- currently the leader of hopping congress is chosen by a group of
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about 1200 people that are select president various industries. the chief executive -- always a pro beijing man -- but they said in the future in 2017, the people of hong kong can elect their leader. but the key is that that 1200 member group will control the nomination. so while the people of hong kong can vote, they don't really get to pick the candidate. so it's ultimately a rigged election. >> all right. austin, thank you very much. we appreciate you staying up with us late into the evening and early morning tuesday in hong kong. we hope we can come back to you as events warrant. new for our market flash. >> shares of several brazilian state run companies plunging
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today. petrabras more than 10% and electrobas over 5%. this is ahead of sunday's election, investors have criticized policies for hurting minority shareholder interests. bovespa falling 4% today. mostly a sea of red today, but there is one stock bucking today's down day and is that gopro. shares hitting new all-time highs. up 250% since going public in june. josh lipton is in san jose. >> we are going to be talking to gopro founder and ceo nick woodman about the new cameras, competition in the space and, yes, that skyrocketing stock
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rice. that's coming up next.
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energy the worst performing sector today down almost 1%. oil services stocks weighing on the sector. offshore drilling down almost 3%. transocean more than 2%. noble also down 2%.
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diana olick joins us now from washington. hi, diana. >> a disappoint on pending home sales. these are signed contracts to buy existing homes. so an indicator of fall close sales. pending sales fell 1% in august, just over 2% from a year ago. it doesn't sound like a lot, but the price gains are easing and we're still seeing the sales come down. home prices were up 5.1% nationally in july, that's according to a new report from black knight financial services. that, though, is the smallest am gain since november of 2012. now, we do get the case shiller report out tomorrow which has shown bigger price gains, but that report goes back to sales last spring. so realtors are blaming the drop on an exodus of investor, but there is also a drop in overall supply. new listings in august were down
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over 9%. listings usually come down in the fall, but that drop is about three times the normal rate. so what does all this tell us? there may be pent up demand, but first i'm buyers are still lagging and sellers aren't willing to take the risk. we're standing this one of the most expensive suburbs of d.c.. i could throw a rock to the d.c. line right now. this home went on the market, the buyer just told us that she got it for rest than asking. she was the only offer. more aonline, of course. >> interesting. gopro unveiling its new camera. you're looking right through one of the cameras. there is brian over there, he's a big jets fan, he's in mourning today. morgan, wave to the -- look at that. that is really good quality. i'm talking about the camera and
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you, too. here we go. i'm going to put one of these on my cat at home tonight. it will be fun. this is really -- i love this. there is chris. hi, he's our steady cam guy. brian is over there, he's a red sox fan. he's had a bad year. gopro stock hitting its all time high soaring 260% since it went public on june 26. market cap of $10 billion. that's bigger than about a quarter of the companies in the s&p 500. so where does gopro go from here some josh lipton is here with gopro ceo. this is really cool. >> let's welcome their founder and ceo nick woodman coming to us from the nasdaq. you're here to talk about your new cameras. let's talk first about the hero 4 black. you're saying this is the ultimate gopro.
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walk us through the features. >> hawaii, josh. good to be talking with you. today is a big day for gopro. in my hand is the hero 4 black which is the most advanced gopro that we've ever made. culmination of the last couple years development. and this little match box size gopro can capture 4 k video at 30 frames a second. which is a real engineering feat. >> and that camera will sell for $500. so who is your tar get audience for that camera? >> well, all of our customers and anybody that wants toget au for that camera? >> well, all of our customers and anybody that wants to capture their life in stunning professional quality kept and share those experiences with others in apa an engaging way. and frankly anybody that wants to look at good as people we see on film and television.
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that is what the hero 4 is capable of. our $399 product was our best seller. and we expect the black edition to do the same -- well, have similar success even at the $500 price point. >> and on the other end, you have the entry level camera called hero for $129. >> that's correct. we've come out with three new cameras. at the entry level is hero, which is $129 camera which is the perfect entry level gopro. and then we have in the mid level at $399, we have the hero 4 silver which has an integrated lcd. and then at the top, we have the flagship hero 4 black at $499. >> and these cameras are available october 5. i think some of your investors mi might want to know what does does it mean for the holiday
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season. >> well, holiday is always an important period for gopro for sure. we're excited because this is the best executed product launch that we've had at the company. in past years, we were understaffed and this year we're now over 800 employees strong. so we're better positioned than ever before for global launch of our hero product line. time will tell. the product hasn't even hit shelves yet. it goes on sale next monday october 5. so team will tell. but we expect people will still be very excited about gopro and hero 4 gives them even more to be excited about than ever before. >> and you you hinted at my next question a little bit there. there has been supply constraints before during the holiday season. how will yyou address that this year? in th in. >> that's a high class problem.
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you always hope for high demand. as i mentioned in previous years, we were growing the company very quickly. we still are adding staff quickly, but we're better positioned this year than ever before to get our product out to our global supply chain to meet demand as best we can. >> and you heard sue talk about the stock rice. up 250% since the june ipo. as the ceo when you see a move like that, does it concern you? >> no. it's important to have a long term view. and as ceo, i'm comforted by the fact that we have a very big long term vision for the business and at the end of the day, as long as we continue to
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execute on our vision, everything will be okay. and that's really everybody's focus at gopro. think long term. and frankly, i think that in terms of stock price, there is a lot of people that believe in what we're working on at gopro, they believe in the overall size of the opportunity and we're excited to work extremely hard and passionately to realize that expectation. >> we're talking about cameras here today. but wall street still thinks making money on the content is part of the long term story here. you've got go procegopro on you x box. how to you sdo you see it? >> we recognized can gopro was succeeding because of the sharing. so we're as much in the keconte
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enables business as much as consumer products. so if we make it easy to capture and share compelling professional quantity content at scale, then we have a real growing media opportunity. because most people when you ask them what do you think of when you think of gopro, their answer is, oh, i think of all the incredible videos that i see online. that's the definition of a media company. engaging content that people want to watch, that they tune in for, and that gives the brand responsible for that content the opportunity to potentially monetize that engagement. the beauty of it is that as we develop our media strategy, all the while the growing proliferation of gopro content is growing the brand and helping sell product. so in some sense we already have generating media revenue in the sense of that it's our commercials, our content are selling the products that we make. >> all right. neck woodman, thank you for your
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time. >> thank you very much. >> sue, back to you.ieck woodma your time. >> thank you very much. >> sue, back to you.ck woodman,r time. >> thank you very much. >> sue, back to you. >> that will be on every kid's wish list for this christmas. it's been a volatile september. wall street so-called theory 35%. so what to investors do in a market like this? we'll give you smart ways to play the volatility. plus jessica alba turned her small startup business into a billion dollar business. is an ipo on the way? she'll join us live. take a closer look at your fidelity green line and you'll see just how much it has to offer, especially if you're thinking of moving an old 401(k) to a fidelity ira.
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volatility index jumping today. surging about 16% up about 7% today. we want to hear from you, how if at all are you playing the volatility. join the conversation at cnbc.com/vote. with us from the cme group, jim and jeff with their ideas. jim, you go first. how do you take advantage of this to make a little money or avoid losing? >> first of all, you have to decide what you think is going to happen from here.
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and i think a week and a half ago when we had that week where it was ali baba, apple's new product, the fed reminding us that they're still dovish, it led me to believe that there will be a little problem in the stock market and increased volatility. and i think that is pushing some money into the bond market where people go to hide out. when you have a bond market getting money from that and also getting money from liquidity injections from europe, to me it seems like it's a decent place to be. you can do it one of two ways. tlt to buy the long end or bond futures at the cm efe. either way is a pretty decent safe haven play. >> bonds as a kind of derivative play here rather than the vix itself. >> right. because now you'd be buying vix at like a six month high almost. i think that has played out a bit. i don't see the vix shooting twice as high as it has already. >> jeff, your thoughts.
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>> think about the vex right now is 16, front month vix as you know, spot calculation is not investable, so you have to buy the front month future fp so only negative correlations can be really powerful. july it fell back 3%, 4%, volatility spiked. so it opens up the discussion. so as tough as one of his $2 steaks he serves, that core election is gone. just opens up the conversation. >> i don't think there is a reason to panic in the stock market, by the way. i think there are spots to add right now. >> well that's interesting because the vote which we've just locked in, 47% say they are pulling money, but 43% close number there really kind of probably margin for error stuff say they're buying the dips 10% merely say they are on the said
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lines. that's the would ready from trd. thanks. let's take a look at the gold market. metals prices are closing right now. and we have a modest advance given the fact that the stock market has been so volatile today. perhaps that's not a surprise. modest advance in the gold market right now. to the bond market, where we saw the yield on the ten reyear dip little bit. rick santelli is tracking the action. >> indeed if you look at a 24 hour chart, you can see that as we roll into our time zone, everything leveled off just a bit. let's look at a quarter to date of the five year, and note the right side of the chart's level. now let's look at same year to date for 30 year bonds. and now pair them up. a new flat all the way back to 2009, we continue to monitor that.
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and of course the dollar index after having a great run, somewhat quiet today. tyler, back to you. >> rick, thank you very much. speaking of bonds, the bond king bill gross shocking investors by leaving pimco. he's going to janice to take over a very small six month or so old unconstrained bond fund. what exactly is an unconstrained fund and should you consider one? plus jessica alba making a big name for herself in business. jul julia boorstin live in new york. >> we'll have jessica alba next.
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welcome back to "power lunch". check out shares of fedex, upgraded to outperform and increasing his price target to
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$210. it expect as strong peak shipping season for fedex. >> and we'll go to phil lebeau with a news alert. >> thank you very much. we want to bring people up to speed on something that we reported on cnbc.com. it comes down to this. national highway traffic and safety administration is looking in on complaints of unintended celebration involving 2006 to 2010 toyota corollas. this is not a formal investigation. they're looking into complaints about 163 that have been filed in a variety of situations looking into whether or not there is enough information based on those complaints to start a formal investigation. but since toyota just completed the investigation with the department earlier this year
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that resulted in the fine of more than $1 billion, whenever there is something involving unintended acceleration, with that's what we report. so 2006 to 2010. a complaint was filed. nhtsa looking into this and determining whether or not there will be a formal investigation. as always, toyota is cooperating with nhtsa as it looks into this matter. back to you. >> phil, thank you very much. from the big screen to the board room, jessica alba making a name for herself in the world of business. julia boorstin is live with jessica in new york city. >> thanks so much, tyler. jessica alba, thanks so much for jo joining us here. your company is valued at almost $1 billion. where are you putting that money to work right now? >> well, a lot of different
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ways. certainly looking into launching into new verticals. so everything from beauty category to feminine care. >> so what is your vision? is this the next generation procter & gamble? >> i think it is definitely a lifestyle brand for the next generation. expanding in to china and being global is another aspiration that we have that we're working on. really being the trusted family brand for millennials all over the world. >> i know you have a $200 million annual revenue run rate. are you happy with the level of profitability? >> profitability is something that every company is seeking and as a business, you look for healthy growth and new opportunities. so we're happy with that. we're always looking for new organic way to grow the brand and do it smart and wise.
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and you have to be custodians of that money when you do raise it. and we're really strong about maintaining the growth and doing it in a way that feels the most reason be and contained. and doing it in a way that is smart growth. just not seeking growth for for growth's sake. >> will we be seeing an ipo? >> if it make sense, but right now it's just on growth. right now everything is domestic. so we're looking to expand into asia as one of our key category -- or key territories to move into. >> and does that mean different products for each of the different markets? >> i think we're going for test the waters. we'll roll out from there. similar to how we did
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domestically. >> and how soon will he we start s seeing your products all around the world? >> hopefully sooner than later. logistically, it's tough. different companies have different standards and labeling. so it's a different process. >> it's choosing your markets wisely and knowing where to go. >> and you mentioned the new verticals, cosmetics, baby food. what about the subscription model? that's very important to your business. how important is that in international markets and in more lretail? >> people love the convenience of the subscription model. you can go to the grocery store and get fresh produce, but get things delivered conveniently to your home. and it's more affordable. and we love the relationship that we have with our customers. having that direct relationship with them. >> we look forward to seeing
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where you expand to next in terms of different countries and also what products you introduce next. happening thanks for joining us. tyler back to you. sue, down to you. >> thank you both. shares of dream works soaring on reports that japan softbank is in talks to purchase the film studio. up 25%. ni source higher, as well. planning to spin off its midstream energy assets and storage into what is called the taxed advantage master limited partnership called columbia pipeline group. up almost 7%. and vista equity buying tibco software taking the company private. the deal is expected to close in the fourth quarter. that's a 21% gain. another volatile day of trading. now down 74 # on the dow. how are traders playing it?
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that's next. and in a first on cnbc interview, mark hurd is on squa"squawk alley" tomorrow mor. how do you beat the number one seed? you just have to win 70% of your points at net. and keep unforced errors under 10%. on the ibm cloud, the us open analyzes 41 million data points from 8 years of competition to uncover key insights. data can help show you how to win, no matter what business you're in. today there's a new way to work. and it's made with ibm.
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get all day arthritis pain relief with an easy-open cap. check out shares of iron mountain. bloomberg reporting it's working with ever corps to buy a data and storage company for more than $2 billion. as you know, it's been a volatile day of trading. so dow right now down 73. nasdaq down 7. s&p down 7, nasdaq down 15. russell 2,000 down 5. and transports down 15. let's get to the trading action. first let me start with you,
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kenny. v v volti volatility last four days is a little unsettling to some people. >> it is. but maybe a little bit of a rrn to normalcy considering what we've had. but we're end of the quarter. last very much for yestretch to there might have nervousness for funds underperforming. what is the economic situation telling us. so i think investment managers are repricing the risk. >> i agree. we've been so low. i tend to really lift my head up when i see it above 20. that doesn't happen very often. today what is interesting to me is the u.s. market seems to want to hold up very well despite problems with brazil, hong kong,
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syria. all sorts of global issues and yet the u.s. market has gotten a little bit of a lift. russell went positive. the theory is that the u.s. could be a bit of a safe haven if some of these other countries have problems. >> i think on thursday we had such a violent reaction, market was under such pressure that it broke through technical levels. now it's at a place where it's trying to find the next level of support. it keeps bounces off of that. so now we're stuck between say 1955, which is 100 day moving average, 1975, until it builds more of a base. i don't think this is the beginning of any big time correction. >> i think we'll hear good things from companies that have a big base in the united states. some of the international might be tough. whirlpool today, big latin race.
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they have been down. >> if the gldollar keeps strengthening whens economy isn't really playing catch up. >> all right. thank you. now uptown to bertha coombs. >> right now on pace for a 1% decline with a lot of the big caps. but for the quarter, they're up 5%. that's really been one of the areas that investors have been fairly bullish in terms of the nasdaq 100. semiconductor stocks are bucking the trend. just barely positive. entell having a spectacular day. gains following the earnings report. and bioteches getting a bit positive today, as well.
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some really big. we are seeing a little bit of buying there. so we'll watch whether that of that green shoots allows a little most of as we head toward the close. >> bill gross of course he left pimco last week. suddenly. an bankruptbruptly some would s. he's heading now to janice capital to manage an unconstrained fund. what exactly is that? dominic chu knows. >> they're almost like hedge funds, but what exactly do they do and how do they stag up to the rest of the bond world? we'll have that story next. ameriprise asked people a simple question: in retirement, will you have enough money to live life on your terms? i sure hope so. with healthcare costs, who knows.
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bill gross left pimco for janice capital to take over what is known as an unconstrainted fund. >> no happenndcuffs. >> what is it? >> first of all, here's what it is. think of it as a kind of hedge fund strategy for bond mutual funds. a fund that can buy just about any type of bond or other type of derivative or maybe even a currency. first of all, these guys topdon typically have a bench mark restraint. they can capitalize opportunities anywhere. it takes a flexible approach to capturing global opportunities and managing risks. further adding that, quote, by removing benchmark constraints, this funds gains significant latitude to tap into credit interest rate volatility and curren
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currency opportunities across the globe. this was one of the ones managed by bill gross before he left. now he will run a similar fund at janice. these funds are dwarfed in size by bigger. mopping the largest nonta nontraditional, you have the jpmorgan and goldman sachs, both open-ended mutual funds. jm morgan manages around $27 billion. that's a lot before goldman sachs around $26 billion. and meanwhile pimco's total turn at $222 billion at the end of last month. van guard total bond market index fund had $121 billion. they could be poised for asset growth because investors are looking for other ways to play the bond market besides the index fund. they want active managers who might be able to profit or hedge losses. >> so agile. >> right. >> dom, thank you very much. three winners in today's market,
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that's coming up. first what is going on on street signs. five winners because both of you. >> we love you. >> all right. protests rocking hopping congress. sending stocks down. we have your definitive time line of events and what is likely thappen next. plus big hope in the fight against breast cancer. and herb greenberg will join us. we'll ask him why he slammed this fine show on twitter.
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big day? ah, the usual. moved some new cars. hauled a bunch of steel. kept the supermarket shelves stocked. made sure everyone got their latest gadgets. what's up for the next shift? ah, nothing much. just keeping the lights on. (laugh) nice. doing the big things that move an economy. see you tomorrow, mac.
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see you tomorrow, sam. just another day at norfolk southern. welcome back. check out shares of harley-davidson. 1% lower today. the company recalling more than 100,000 from the 2014 model year, citing concerns that the clutches may fail. sue. >> thank you. let's check the markets. we've been all over the world. the dow down about 62 points. s&p 5 s&p 500 off just about 7 and nasdaq down 13. we do have three solid winners for you. ni source, up 6.75%.
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iron mountain up 6% and tyson foods up a solid 3% on the trading session. >> all right. thanks very much. it is sort of bumpy end to the quarter. >> sure is. and we have october hlooming large. "street signs" begins now. three major stories we're on top of. number one, stocks down, protests rocking hong kong, the u.s. government now officially urging beijing to show restraint. the big question, what does this mean to you and your money. we'll work to answer it. also, the fallout continues at pimco after bill gross announces his departure. we'll begin advise you on what to do if you have pimco in your 401(k) plan. and what may be the most significant breast cancer breakthrough in years. it's a big one. melissa is in today. how

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