set of scaffolding coming down from the top being lowered very slowly. i'm not sure what happened with the plan to cut the windows out because i don't see any openings just yet. it seems like there is a second set of scaffolding being lowered down from what i can see right now. >> one of our producers telling me there is 1.2 million square feet of space in that particular building. they moved in just recently, about 175 employees moved in, the first wave of the company's work force. they are going to phase them into that building. hopefully they will not be witness to something unfortunate right now. we are waiting to see whether or not -- jackie mentioned the scaffolding coming down -- hopefully they are able to get it to them as soon as possible and get those people off of there.

>> you get a sense there of how vast the acreage is of just the glass on this, the south side of one world trade center. those scaffolds, those window washing baskets are not small in and of themselves. >> they are not. i come down here every day. i go past the freedom tower every single day. and i pass that side of the freedom tower. i can tell you that when you look at them especially when they are lower down on the building they are pretty massive and they all have extensive safety harnesses and things like that. i think once you're suspended that high in the air it must be absolutely terrifying no matter how much safety equipment you have on. >> we welcome you to the conversation here. this is obviously a situation that is most precarious, time clearly of the essence here to get the two individuals who are

suspended there 69 floors above the manhattan sidewalks of one world trade center. >> as you guys have been reporting there are a number of different efforts undertaking to free the workers. >> i'm trying to find what company these gentlemen i'm assuming, could be ladies, either, what company they work for. we are efforting that to see if we can get more information to see who might be on that scaffold. we don't know yet. we just know that the fire department and police department is all on the scene and the port authority, we are waiting for a comment from them because they have headquarters in that particular building and they own that building. and we are waiting to see whether or not, they may be waiting until it is resolved to issue a statement. right now we only have the fire department and police department giving nbc and cnbc statements at this point.

>> as jackie deangelis mentioned there are two avenues, one would be to cut out some glass and somehow extract them. the other, as we pan out there a little bit, would be to lower another scaffold down. that was something that jackie said was being actively considered. here it would appear is a second scaffold basket that presumably is coming down. i don't know. it could have been there the entire time but we have not had a shot like that before as we look and see a second scaffold on another face of one world trade center. >> an fdny spokesperson says they received the call at about 12:42 p.m. saying we have more than a dozen units including specialized rescue companies that deal with high angle rescues.

we have them tethered. they have safety harnesses and we are in communication with them. we are working to remove them as we speak, end quote. that is the latest quotes that we have from fdny. interesting that he says they have them tethered. that is a little bit of good news in a very dangerous situation. you can see the workers are in secure and in no immediate danger. we hope that is indeed the case. i can't imagine how frightening that is. >> it is a scary sight there as you see the angle at which that scaffolding basket is suspended there by apparently just one of the two, at least two cables that would normally keep it in a horizontal configuration. there you see the angle, it is really almost not perpendicular but certainly diagonal to the face of the building.

brian and mandy we will try to get you in. last time we tried i guess your mics weren't quite ready for it. as you look there this is familiar territory for all of us who work in one way or another down in the financial district. >> it is. there are really two names to this building, one world trade center and also called the freedom tower. this is the tallest building in america. it just opened up last week. kind of an auspicious beginning. let's hope the workers can get rescued safely and as quickly as possible. it is a scary situation. 1,776 feet from the ground to the top of the building. 69 stories up, probably more than 700 feet in the air. these workers obviously are waiting for rescue. let's hope that second basket that you pointed out will be coming down to help them soon. >> as you said, it is the united states tallest building. it is 104 floors in total. the scaffolding is trapped

around the 69th floor. as you were saying it is really important to note that the fdny is in communication with those two workers and that they are secure and harnessed. there is no imminent danger but it is important to note that what we are seeing is live pictures but a seven second delay so god forbid if anything happens. >> i have to bring in a guest on the phone with us. what can you tell us about the situation there? >> it's a very, very scary sight. there are so many people hovering around. i just spoke with a person who was in the building inside the museum. they evacuated everybody out of the museum. they are evacuating everybody out of that building, as well. helicopters are hovering around here. i just spoke with a world trade center police officer who did say those people are trapped up there. port authority police not saying much else but a lot of people here, people are shocked and it

is a very scary sight. helicopters are still hovering around. >> interesting guys. i was just hearing from one of our producers that there was a situation similar to this where the abu dhabi, the company who owned the skyscraper sent drones to take pictures of that particular situation so they could then strategize as to how best to perform the rescue. it is an interesting use of technology in that particular country. here in our country it's good news as we have all been mentioning that they have them tethered. that is fantastic to hear because we were waiting to see what exactly was going to happen. another reminder to our viewers that there is a seven second delay on this particular live shot so rest assured that god forbid anything terrible happens

there is a seven second delay on that. it does sound -- let's look at that. >> like many older commercial buildings and residential buildings in new york city the window is open. the windows do not open in the building. they're designed with leed certification and trying to be green. part of that is the way the windows are built to trap in heat and keep it cool they are so thick that one wonders if they would be able to cut through the window. >> that is a very good point. >> we are looking now at a rescue scaffold suspended there 104 story tall building on about 101st floor that apparently is going to be lowered down in an effort to extract the individuals who are trapped in the other one, the imperilled

scaffold. that rescue basket has not moved much since we first saw it on the side of the building, but obviously they have to move carefully and deliberately to send it down. it's around the upper sort of face of the building. one wonders how they, then, transit individuals between the two baskets or how do they somehow hook the one to the other? this is something that is way out of my sort of expertise. obviously there are people who know exactly how to effect these kinds of almost mid air rescues. >> the weather down on the ground is very different than the weather conditions that high up in the air. and our colleagues at the weather channel have basically sent over some details. at the time this incident occurred the weather conditions, it was pretty warm, 65 degrees, very light winds, 6 to 7 miles

per hour winds but was light drizzle. we don't know whether it is a weather-related incident. that is something they always look at to see whether wind could have played a role. at 6 to 7 miles per hour that doesn't seem like it would but you never know. for some reason or another one of those two cables snapped and that is why you see that scaffolding at such a precarious angle right now. >> that is our helicopter shot. >> just to remind viewers we are watching a scaffold trapped around the 69th floor of one world trade center, america's tallest building very symbolic there. we are working out how to rescue the workers in the safest manner that the nypd is trying to cut out the windows and whether or not that is possible is certainly a question and may be

a second set of scaffolding lowered down. looks like there is a little bit of movement. we are hearing there is no delay. you are watching live pictures. >> if you are on the radio. there are a number of other gentlemen in a basket which looks like it is about ready to be lowered to come down to rescue the two trapped workers on the basket where one of the cables on one side has either come off or broken somehow because the basket is hanging at about a 45% incline. we are told the workers like many of these window washers are, they are strapped in. they are safe for now. they have a harness on. you can't see them so they must be kneeling or crouching because they are at a very terrific angle. hopefully the three gentlemen we showed in the basket will be going down shortly. i am trying to get ahold of a

friend of mine who works in the next building over. >> looks like one of the windows has been broken. i saw what could be some water or steam that might be part of a cutting process. it appears they are trying to cut out the window there. you might be able to detect what looks like to me a cutout portion. >> it is hard to see. >> there is a firefighter on the inside. >> on the left side from our viewers' perspective. looks like they may be getting close to opening up that window. >> their strength and durability. >> looks like the window is peeling back. look at that. >> you can see they are peeling it back. they have got an opening now. >> i'm sure those guys have been trapped in the scaffold are breathing a huge sigh of relief. hopefully assuring them that

everything will be fine and best efforts were being made to try to rescue them. >> a little bit of relief to see someone else. >> i hate looking down from my front porch. i can't imagine those firefighters and those individuals just sort of don't look down guys. >> listen, this is new york's bravest. this is why these guys are awesome and heroes because one or two of those guys is probably going to step out on to the basket even the way it is dangling 700 feet above the ground. these men and women clearly proving their bravery over and over again but from a different perspective let's hope the workers get out safely and quickly here. the world trade center has only been open a week. this could have been the first time the window washing apparatus has been used.

i walk by it periodically. i can't remember seeing a basket lowered. i wonder if this is the first time they had to use the basket? >> it is possibly the first time. it makes you wonder if this is the first time that basket has been lowered to wash the windows after this particular incident has happened what kind of protocols will be put in place. trust me, they don't want to have to go through this again. obviously, if a cable is broken once a cable can break again. you wonder what they will do to strategize to prevent something like this. >> take a look at them tethering up a rescue personnel. he put on a second safety harness. i saw him put one on earlier when they cut the window out. they are putting a second one on him. as you said, he will either step on to the scaffolding or maybe they can get the workers to come to them but they are tethered, as well. it's going to be a delicate situation. >> to your point, i was just

remarking on the bravery of the fire department. these window washers, i'm not afraid of heights but i would never do that. they are 700 feet above the ground in a basket in wind and rain. it is -- it is a tough job. hats off to them. hopefully they will be off of this in a second. i will say this, the last thing you want is to say we have a problem in the world trade center. >> exactly. >> you look there, it looks like one of the workers is slammering forward. i don't know how the baskets are constructed. he has his foot on -- >> he is going to get out. >> looks like he is moving into the vehicle. >> one safe. >> he is being angled off into one world trade center. there must be one more worker that needs to be rescued at this

stage. >> pretty dramatic stuff. unbelievable. >> the other gentleman is moving down. i can kind of see him through thebusicate making his way down. there is his hand trying to get off. just amazing. >> get him out of there and get him safe. >> you can see him there with his helmet on. >> as you say, the skill and bravery of these firefighters who train to do this but this is a brand new building. >> this is not how you want the first week to go. >> no. >> it's not the right kind of publicity that they want. we need answers on how the motorized cable snapped or came loose to make sure this doesn't happen again. >> this building took years to build. it was overbudget. >> there is number two off the scaffolding. >> keep in mind we had a similar

incident in mid town last year and they cut the glass in that, as well. so perhaps that's one of the new protocols. this is great news. there was just a cheer down here. >> to the women and men of the fire department of new york. >> great job. >> they are cheering them down here on the floor of the stock exchange. i don't know whether you can hear that. >> that is a huge sigh of relief as the fire officials have rescued the two window washers outside the 69th floor of one world trade center. brand new, just opened last week, $3.9 billion. we certainly hope something like this does not happen again. >> it's just not the opening week that you want for the world trade center. >> they have gotten so far we have not had confirmation there is only two. that is what nypd and fire department said earlier. it looks like they have gotten the window washers out of the

basket and back into the freedom tower, one world trade. if you are in manhattan, the streets around that particular building are closed right now. traffic is not going to be very pleasant at all. that is for safety reasons so that they can get vehicles in and out the window washers that are abothey managed to cut some the glass out and get the two window washers back inside. mandy, brian, we will turn it over to you guys. >> thank you very much. very exciting moment. fortunately, it had a happy ending. thank you. >> that is a happy ending although i will say this, now you have a brand new building with a hole in the side. if i'm a window washer at world trade center. >> i'm not putting my hand up again. >> i'm not going back until they figure it out. those guys are brave, too. great job by the new york

fire department. welcome to cnbc. first in business world wide. we will get to business here in a second. we have a great show still planned for you, i promise. do we have the christmas music? >> we will go for a very quick break. everyone needs to just calm down. we are going to tell you what is happening with the markets. >> also, the biggest possible threat to the markets. everything is so good right now. we wonder if now is the time to be concerned. >> it really is. gas prices down, markets around record highs, housing market is good. what can go wrong? >> by the way, we also used to have a taper jar every time somebody said taper we had to put a dollar. the newest money jar has to do with retail. phrases i think we both detest. >> you detest it even more. >> i really do. we are back after this. ameriprise asked people a simple question: in retirement, will you outlive your money?

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the dow is very slightly lower off the record high. if it manages to close higher today that would be the seventh day winning streak. the first time since march of last year. here is the setup right now. you have jobs up. more people are working. gas prices are down. things look pretty good. which, of course, makes us nervous. let's bring in jack abbott,

jack, is the something out there. things look good. and the "street signs" motto is everything is fine and it has been. is there something that is particularly worrying you that we may be missing? >> i want to just mention my heart goes out to the window washers and everybody involved in the rescue. one thing i can assure you is chris rock was not a window washer on that scaffolding after his tirade on "saturday night live" he is not near that building. i do worry about valuation. i think the economy is certainly improving. we have gas prices below $3 a gallon. however, we have much more efficient cars right now. so the benefit isn't gravitating back to the consumer as much as we would normally expect. that being said we have weakness

abroad that could potentially filter into our market. >> is it a rally stopper? it might be a head wind but is it a rally stopper? >> it is not a rally stopper but it is the largest head wind that the market faces. that said, we have been rallying on liquidity probably for the last six quarters. i am starting to see evidence that liquidity is drying up. it may be the fact that 20% of the high yield bond market is energy bonds and so that could be masking a little bit of it. it may be because bill gross left pim co. i am watching credit spreads. obviously, we have recovered thanks in large part to decent earnings but we have to see how that plays out in the credit side. >> did you check -- did you say because a lot of people say why are you focusing on bill gross?

are you suggesting bill gross leaving pimco may have moved the market? >> yes. i do. i think so. think about pimco's fund lost $20 billion in a couple of days. it's extended more than that now pushing more than 100 billion into a market where these bonds that he owned are all over-the-count over-the-counter. they are all story bonds. the fact is that bank's trading desks have been pretty much wittoled back. regulators don't want him to risk their own capital providing being a market maker and providing inventory. i do think we had an outflow of bonds into a market that who knows if the street found homes for this stuff. that had a trade at a substantial discount to get placed. >> thank you very much for being patient and listening through all of this. what do you think?

year highs for the nasdaq. what could go wrong? >> i think the biggest thing that could go wrong would be a falloff in earnings. we may be at average valuation but bull markets don't end with averages. they end with recessions. the economic data remains quite strong. as far as i can see it could be a stronger dollar having impact on multinationals. i think generally speaking any deterioration in the earnings outlook would give me pause and reason to be a little bit concerned. >> you believe a stronger dollar? i understand currency translation may be a little bit bad. when the dollar has been stronger more often than not the stock market has been stronger. >> when you are buying a share of equity you are paying for a share of future earnings. if the future earnings are impacted and not to every single company i think investors need to be much more selective because a stronger dollar while

it may be good for the stock market overall will create pockets of weakness. >> certainly certain corporations have noted that risk. thank you very much. have a great day. again, if you are just joining us we had a very dramatic rescue and a very happy ending at one world trade center. moments ago the picture you are looking at there is what we were talking about. the new york fire department rescuing two men trapped on that scaffold at about the 69th floor of the building which is 104 floors high. they cut out a window and brought them safely inside. we are very, very relieved. coming up next the best bets in the hottest sector of the market. >> we will show you how to do one stop shopping for all of your hacking needs. that's right. if you want to invest in cyber crime and hacking, we will show you how to do that. now even i'm curious. we are back right after this. cute little guy, huh?

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we have a positive sign for home builders. beazer homes posting a strong beat today. it has been a great month for housing stocks. of 27 housing related stocks on the screen, just three are down

this month here now on set, megan mcgrath, senior home builder analyst. i know you are going to say low rates. rates have been low for a long time. why have we seen this literally resurgeance in home building stocks in 30 days? >> it is a little bit of a reaction to a bad first part of the year. year to date home builder stocks are down. when the market started to not recover after the tough winter the stocks had a really bad early part of the summer. i think that was a bit of an overreaction. the stocks were acting like housing was down. we were in a slow growth environment. once home builders started to tell us things were incrementally picking up the stocks have started to recover from there. now we are kind of priced in the market that we are in which is sort of mid single digits growth market in housing. >> for the actual stocks why are you cautious going into next year? >> if you have a one-year view

i'm cautious because what i'm looking for is what is the catalyst to get housing moving again? rates have been low for a while. they are down year over year. we have a little bit of improvement on the economy and jobs but not enough to really kick start us. what you want to invest in home builder stock is double digit new home sale growths when stocks begin to jump over history. you want proof. are we growing in the double digits? i can't get there yet. i need to see the catalyst. is it going to be improving credit? is it income growth? those are the things we need to see. once i see that that is when i say back up the truck. >> i understand there are a couple of picks in your basket. >> it's a good stock picking environment. we like tol because they are high and luxury. we have builders lowering prices. tol is high end luxury.

kb is more of a valueuation play. they have a great play in california and texas and are under valued. >> real pleasure to have you on the show. >> thanks for having me. here is more evidence showing the crucial role that millennials are playing in housing. a new report shows strength in the apartment market with millennials the driving force behind it. executive vice president of auction.com. i'm curious why you say right at the top of your report the apartment market is hard on mu lnials. >> the blame has to do with we are not seeing much evidence of first-time home buyers coming into the residential market. instead they are becoming renters at a higher percentage than historically. they are driving the apartment rental business and lackluster housing numbers. >> is it just -- we just going

to blame millennials for everything at this point? >> we may as well. us older people have to find somebody to blame. >> get off my lawn and start buying homes. >> it is probably time to start looking at this as less cyclical and more structural. this generation decided to delay its entry into the home buying market. they have the looming student debt load that they have to deal with from their college loans. >> and maybe like many others, it could be anybody, they realized housing is not a great investment. homes cost money to maintain. they do go down in price. we have seen this movie before. it happens. >> in the long run a lot of people are better off owning than renting. there are more lucrative investment opportunities. we are seeing a lot of that in the commercial market. >> thank you for joining us. >> my pleasure. still ahead, probably the most perfectly named ticker

symbol on wall street. we will be introducing you to the new hack etf when "street signs" returns.

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no time for street talk

today. let's jump right into "talking numbers," we do that every day. today let's take a look at csco. john cozaar on the technicals. brent bracen on the fundamentals. john, technically how does cisco look? >> looks like if we can get about another 75 cents higher i think we can eventually end up at $32 a share by sometime next year, first half of next year. >> and is there any resistance, support? tell us what key numbers we should be looking at. >> the key level is actually at 2590. if we can get above there we come out of a side ways pattern that we have been trading side ways in for the last year and pick up the 2011 trend higher. most of the time when you have a side ways move like this usually you end up going out of it the same way you came in which in this case would be higher.

so above 2590 i think we can go as high as $32 a share and that is a 27% move from where we are right now. >> give us the fundamental perspective on cisco. i have gotten notes from analysts lately a little concerned about some of the margins at cisco. are you? >> so we are cautious around the fundamentals of cisco. it really has more to do with what's happened and how well they have executed over the last three years. margins have expanded from 26% to 28% and from a timing standpoint we think now is the time the company will be making investments that will weigh on margins and ultimately limiteps growth and multiple expansion going forward. >> is it a sell or a neutral? >> this is more of stay on the sideline. this is still a great company. they have done a great job executing. it is still a cheap stock, strong cash flow, tons of cash but more of a timing issue. the stock has certainly done well over the last couple of

years bouncing off the bottom here. as you think about where they are at, what they need to do, they need to make investments that is going to be a drag on margins and limit the multiple and the short run. >> no love fundamentally. not a wildly bullish call. thank you very much. we do appreciate it. >> be sure to check out the online edition of "talking numbers." check it out. are you going to do oil? >> this is actually kind of important. bring up a board of what wti is up to currently sitting at 76.99. what was interesting was the saudi oil minister came out and spoke and has been very silent through the crude slide. he finally spoke publicly today saying there is no price war. it's the market that sets the prices. we want stable prices. that is good for everybody. i don't know whether that is true or not. that is what he said but it

pushed crude lower. >> we don't look at brent crude much. i will trump your excellent stats. brent crude falling below $80 a barrel for the first time since september of 2010. it did a trade print here at 79.88. great job. slightly above 80 now but did dip below that. brent crude being sold off. good news for the global economy unless you are an oil producer. >> good news for gas prices, as well. we are not quite yet on wti at last week's low which was $76 a barrel. we will see whether or not we continue sliding. big meeting at the end of the month. coming up we will fight about retail. it will be bad. tdd# 1-800-345-2550 [ male announcer ] your love for trading never stops, tdd# 1-800-345-2550 even on the go. tdd# 1-800-345-2550 open a schwab account, and you could earn tdd# 1-800-345-2550 300 commission-free online trades. tdd# 1-800-345-2550 so when a market move affects one of your positions, tdd# 1-800-345-2550 schwab can help you decide what to do.

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matthew mar toma. he was prosecuted in one of the largest insider trading cases. he has been denied bail. he put out a stay hoping to get on bail and appeal his conviction. that bail has been denied. he will begin uv serving a nine-year prison sentence momentarily. we have another hacking incident to report. the "washington post" reporting that the chinese hacked into the u.s. weather system. the postal service reporting a data breach earlier this week. cyber crimes are clearly growing. there is now a new way to invest in cyber security. the first etf started trading today and the ticker is named hack. christian mcgun is the man behind it. seems everybody is getting hacked these days. >> it's a convenient way, 30 companies in one basket, in one

trade focused on hardware, software and services specifically trying to protect against cyber crime. >> the problem is there has been a proliferation of cyber security firms and yet the hacks seem to increase every single week as i just mentioned we are hearing about a new one every week. how do we discern within your etf which are the good companies and which are the bad companies. when you have such a proliferation not all are created equal. >> it is a big puzzle because we have people trying to solve puzzles to try to commit cyber crime. analysts were able to look at companies and underlying businesses and determine what kind of material efforts they have that are geared towards cyber security, software, hardware and services and use that intelligence to create the index of the 30 companies. >> is it defensive? is this defensive by nature?

all the market goes up or down, whether the economy is good or bad there is always hacking attacks as we put data out there. >> the underlying business driver is cyber security spending. it is a utility. infrastructure of the internet in today's digital age. you are not going to see corporations, governments decreasing cyber security spending anytime soon. >> thank you very much. thank you for joining us. on deck we are going to put the art back in smart investing. or something. >> plus how retailers may have just killed off scenes like this. my worst nightmare. stick with us. ♪ for tapping into a wealth of experience...

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hey matt, what's up? i'm just looking over the company bills. is that what we pay for internet? yup. dsl is about 90 bucks a month.

that's funny, for that price with comcast business, i think you get like 50 megabits. wow that's fast. personally, i prefer a slow internet. there is something about the sweet meditative glow of a loading website. don't listen to the naysayer. switch to comcast business today and get 50 megabits per second for $89.95. comcast business. built for business. are you ready for this? there are only 42 days left until christmas and only 16 days left until black friday. but for many retailers including walmart and best buy, black friday is a big makeover with deals starting a full five days early. >> yeah. and, so, is the day before the weekend after thanksgiving because you know i refuse to say that friday or stupid cyber

monday. i'll explain something in a minute. is it worthless? >> it is absolutely. last year -- >> thanks for coming on. now for a next segment. >> yeah. for your positive segment, no. last year, you saw macy's starting five days earlier. best buy five days early. same thing this year. black friday, getting there, why bother? good deals have been out there. start early. stay in and stuff yourself with some turkey. >> limited quantities, as well, right? could be sold out by the time you get there. >> that's the other trick. last year i surveyed people in line waiting for best buy at 10:00 at night waiting for a tv. i said there's 100 quantities. you're number 130 in line. do you realize that? oh, no. there's disappointment. a huge disappointment factor. >> i tramibled someone for this? >> exactly. let's take the flip side. >> you would be at a mall at 5:00 in the morning saying how important of a day it is for cnbc viewers. >> that's late, actually. seriously, growing up in the midwest, black friday was an event and it's still an event.

>> it is not. >> not getting the deal, you go out and -- >> no you don't. >> they sell things event based and that's why they do it. yeah, it's earlier. maybe black friday doesn't count and they buy. they chase themselves in a circle because target put out some of their black friday deals on november 10th. a couple days ago. >> november 10th? >> go out and go because it's an event but the event is becoming so ubiquitous and so long. >> yes. >> that's what i'm saying. it's a weekend. that's why i won't say it. >> it borders the weekend. >> let's go to scrooge mcduck. you hate shopping and people. >> i do. >> i line up for something, herb greenberg. >> i do not. >> he doesn't like crowds. >> what is it shopping online now? so they're trying every trick in the book to try to keep you away from going online. and we know effectively that that -- how profitable, i have this question for you, courtney.

how profitable has that been? >> has what? >> black friday the past five years. >> that's why we call it black friday. that's the day that retailers have long said that they go into the black. we don't know exactly because they never break out the day. >> no. >> even national retail federation gives numbers for the whole weekend. >> isn't it -- is it even one of the top five shopping days of the year? isn't saturday before christmas always the busiest shopping day? >> yes. >> and then like december 24th for guys like me and herb running around like idiots trying to find whatever scraps are left on the shelves. >> other thing -- >> not a big day anymore, is it? no offense to your entire coverage that day. >> bumped down the list. christmas eve, target's open until 10:00 just in case, you know, you're out there 1kr5 scrambling. >> 24 hours every day. >> the promotions starting so early because everybody wants to be first but everybody's piling on. so gross margins are permanently

lower. is black friday black anymore? >> what's the bottom? >> hearing from the retailers of preannouncements what's been said? >> a slew. walmart, jcpenney, ann taylor. so we know things are really bad. so we know those promotions are going to start really early and be very deep. so the consumer knows that. they're not stupid. shopping around promotions and a lull in december and then finally very last minute everybody panics again. >> by the way, again, lowering the facts, the indexes, herb, 50 retailers, 47 of them were up in the past month. only ones down seem to be the teen retailers. urban outfitters and abercrombie & and fitch. >> struggling of late like sears up 51%? >> yeah. they might convert to an reit. >> they have a special thing going on. >> i sent that data to you. you're like, some of the troubled companies have done well. >> yeah. exactly. those are the ones that bounced

back. they were low to start. >> there you go. look at that. by the way, you might know and viewers and listeners new to "street signs" we had a jar. taper jar. >> how much? >> like $42. bill gross paid up in l.a. i hate the terms black friday and cyber monday so much. this is the jr. >> what do we owe you? >> saying it -- >> officially starts now. you are off the hook for today. >> no they're not. >> i owe you five already. >> stacy is first contributor. cyber monday is the worst thing i have ever heard. >> that's entrapment. >> worse than black friday. >> no one used to have the internet. that's why they call it -- we have to go. i'm yelled at. >> i'll get my wallet. >> first time in your life yelled at. up next, impossible red flag in the art world and a look at the dramatic rescue. a happy ending rescue 1 world trade center. >> you said it, too.

we asked people a question how much money do you think you'll need when you retire? then we gave each person a ribbon to show how many years that amount might last. i was trying to like, pull it a little further got me to 70 years old i'm going to have to rethink this thing it's hard to imagine how much we'll need for a retirement

that could last 30 years or more. so maybe we need to approach things differently, if we want to be ready for a longer retirement. ♪ [annit's working forny. new york state. already 41 companies are investing almost $80 million dollars, and creating 1750 jobs. from long island to all across upstate new york, more businesses are coming to new york. they are paying no property taxes, no corporate taxes, and no sales taxes.

and with over 300 locations, and 3.7 million square feet available, there's a place that is is right for your business. see if startup-ny can work for you. go to startup.ny.gov. all right. if you just joined us, that is the result of the big story and captivated new york, probably the country. it was a great rescue by the fire department in new york and other workers at 1 world trade center. cutting out a window on the 69th floor and freeing two window washers stuck on a scaff ford

and dangling precariously for a long time. both were rescued. hats off to the fire department and just opened last week. >> that is right. well, we have a fresh sign that the most beautiful bubble is bursting. robert frank is here. tell us about poor old sotheby's and what they had to do. >> a messy night for them last night. all eyes will be on elvis and marlon brando. going on sale at christie's. they're going to fetch more than $100 million combined. german casino bought them in 1970s for $185,000. how's that for a return? the sale closes out the two-week fall auction season. sotheby's wrapped up last night. 11 failed to sell and, guys, you know, we'll see tonight whether last night's mixed results is one off or a bad sign of things to come. clearly prices are really not matching some of the buyers last

night. >> yeah. interesting. we'll just keep on watching. big indication. thank you for that, robert frank. >> is there a cyber monday in the art world? >> jar. >> yes. >> good. >> thanks for watching. "closing bell" is coming up next. and welcome to "the closing bell." i'm kelly evans at the new york stock exchange. >> i'm bill griffith. it's not happening right now to green territory. third day this week talking about where's the next catalyst going to be? this market clearly looking for direction from something. we have got the earnings behind us. the fed meetings are behind us. the election behind us. when's ahead of us? >> well, if there's anything notable that's happened lately, that's oil. because now it's brent dropping below to $80 level for the first time since december 2010 and makes a big difference to you at