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tv   Squawk Alley  CNBC  December 26, 2014 12:00pm-1:01pm EST

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and also mentioned that microsoft is the worst performer on the dow right now after we learned that there was a hack on some of the voideo games. sony and microsoft. woe don't know exactly if that was related to the int view or not. but we're watching that. >> let's get to head quarters and scott wapner and the half. >> carl thanks very much. welcome to the halftime show. the starting line for the day, steven weiss, jim laventhal. and jon najarian, sira tetee and dayna tellsy. the plan looks like this. who shopped? who dropped? the best and worst from holiday retail and what to keep in the
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bag after the season is long over. and the best of bubbly. the man crowned the top sommelier in the world. a move stocks higher yet again today. the dow coming off a strongest six day run in four years and setting up for a strong push into 2014. can the record breaking rally keep going or is santa simply stealing next year's cheer? >> six sectors setting new or all time highs. the russell's first high since july. the rally being confirmed. >> true. a global liquidity event. china coming in and saying hey you can loan more money out and you can even lend against deposits that securities firms have with you. i'm not so sure china is okay but the market is doing great. you also have what is going to happen in europe with draghi on the 22nd. if that doesn't happen the
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market is very susceptible and u.s., you are still in an easing situation even if rates do rise. so it all looks good. so i like it. and temper came out last week and we toke about it afterwards. markets can get irrational is the point. so you can trade up to a multiple on a pe basis that is 20% above where we are now. that could lead to a great blowoff here. and this is -- shaving goes. this is a nod. i wanted some representation today. >> i thought it was protest until you get back to st. barts or something. the family didn't plan well enough now you're all mad. >> the family has to work. they're up in years. we don't grow a white christmas anymore. so it is my protest. a silent protest.
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>> are we borrowing anything for the year. >> i don't think we are. but i i don't think we're going to have a down year. i think a high season of return is probably likely. the one thing to steve's point about liquidity, we are seeing fundamental strength at least here in the this u.s. and dayna i'm sure will give us information how retail sales are looking in glo low gasoline environment. all these things are positive. >> so why are we borrowing from next year? >> there is only so much we can get. >> historically you are not in a tight interest rate environment until you are above 5%. we are nowhere near there. it called take us three years to get to a tighter environment. >> i've heard the argument and i believe it at least in part. here is the thing. you and i both know a rising fed environment is a tough head
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wind. it is goings to limit gains. 9%, % on the s&p 500. i'll take that. and good stock pickers can add to that as well. but i think 15% is too much to look already. >> it's hitting a new high true. the last high was in june. so we've actually traded down significantly. it's been a laggard. so trade a lot of the -- >> that's my point. the reason why i brought it up at the top. the last bit of confirmation that some would be looking for that would you maybe this has further legs to go because the russell finally is cap fing up. >> yeah and it had a better year than the s&p in 13. and and so you see a lot of funds positioned for the small and mid cap to outperform going forward. >> dayna we're trying to figure out where the consumers are in 2015. retail sales team to be.
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>> for 15, i think it should do better in 15. there is definitely school of thought that you are going to underperform in 15. i this i the macro set ouch up of the lower unemployment. lower gas prices. i've got easier compares for the first half of the year and what you don't know is what's invisible. omni channel. there isn't any retailer that isn't participating. it should help and not hurt. >> maybe the fed talking about raising rates some time in mid 15 is a med wind but if you look at that balanced out by central banks around the world who are going the opposite direction, those are bigger tail winds than the fed would be for the market. >> right. and then add to it the consumer liquidity you are getting that's just really starting. so you are going to see that ongoing for the next couple quarters and the other thing is why are we raising rates?
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because things are getting better. and if things are getting better and the consumer is feeling better, they are going to spend more because they feel like they are going to have more in their wallet. discretionary, i think where are you going to get is a consumer driven final economy as opposed to just a pure industrial led economy. >> where do you think we're going into 15 and are you borrowing anything by virtue of the fact that we just keep going up almost day. >> as you know scott we borrow every year going into january. that is the january effect. why? because people getting ahead of the 401(k) money the iras and the contributions that can happen the first trading day of yex near. they start getting ahead of that right now? so is anyone on the panel surprised by that is that? no. could it hurt us into the beginning of next year? i don't really think.
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so we're seeing things rise almost more on a seller strike more than just a frenzy of the buyers. there just aren't a lot of sellers here. the amazon retail numbers that dayna can speak to, phenomenal. and a number of other retailers that were phenomenal. i don't know who wants to get in the way of that going into the new year. and does it continue? and how much do we steal from it in might take a little fizz out of the beginning of 2015 but i this i the pieces are there are a nice rally. >> where do you want to be positioned? where is the best place. >> the discretionary side. the industrial side. one of the things we've talked about is everybody said earnings are going up because people are cutting cost. now you get top line growth because companies are going to have revenue grow finally. that is going push more into operating leverage which will then put more pressure or more upward pressure on earnings.
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and i think that is an area you want to be in. >> i still like financials. citi sold another business today. aig has been stagnant. that could work well. and healthcare. what i don't like is the emerging bio tech. that's scary and bubble territory. one salesman was telling me an ipo they did last week which was 65 times over subscribe asked they don't even have anything close to phase three yet. but i do like healthcare. i think the affordable care act will continue to drive it. and even if it goes away you can't turn that back. so hospitals, managed care, big drug and big bio tech. >> some of those stocks were getting repriced dramatically last week. which gilead included. you have owned in the past. >> i sold it on the news because i thought that was a game changer and because of the way i've been trading the stock i wanted to book a loss against some of the others. i went into the calls. to me you saw the mid 80 as it
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is bottom. i don't know if it goes higher than now but i want to participate. a survey came out saying -- if i recall it correctly, only going to hit earnings by about 5% or so. but we don't know where the trend is. >> you like tech. >> i do. i think tech has not appreciated as much of're sectors. qualcomm. the news come it a china is it finally going to have a resolution about royalties. qualcomm keeps grouping. and once they get this issue with china i think solved you are going to have a lot of more youth on the top line. 3 g, 4 g. it is secular for the next two or three years. >> you do have a big risk play. and 3-d printer. stratasys. >> they are a leader in the 3-d printing. the negative today is two things. they are growing and spending more money on operating
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expenses. i like that when a company wants to grow top line and grow earnings because they are spending. the second one is hp is spitting out their printing division and people are afraid this could be direct competition. i think stratasys is so far ahead with the razor razor blade model. now you about razors. >> i don't. >> i pulled up dollar shave club here literally. i'm going to get you a razor. >> stratasys is on for that. and a lot of the stocks have been doing well the momentum ones because nobody is sell. the ones not doing well you are selling. and i think the january effect could be the opposite where you see people getting back into the stock because they sold it for the loss. >> like lipo, you are familiar with that liposuction?
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>> obviously. >> thin a little on top and coming out here a little heavier. >> all right. chia steve. coming up it's the interview that wasn't, that almost wasn't. how the crowds are reacting to the limited release of the controversial comedy we're live at one of the theaters in new york city. and could bonds be the biggest short of 2015? and dom chu is doing a channel check of his on own christmas gift returns. >> we're at a mall here and the traffic is really starting to pick up because all these guys want to return gifts and maybe get new ones. bargains to be had. we'll have more on the story coming up after the break guys. there's a difference when you trade with fidelity. one you won't find anywhere else. one-second trade execution. guaranteed. did you see it? in one second, he made a trade, we looked for the best price,
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-- aggressive cutoff times and their bapackages to customers i time. four companies guarantee christmas delivery up till december 23rd and actually got
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all their packages to destination. apple, dell, nordstrom and zappos. so when it comes to the shipping story and shopping story a lot of people are using the online but still mainly coming here to make the zblurreturns. >> who are the winners and losers going to be. >> we've been all over the country and seeing all the retail. -- victoria secret was crowded. less promotion. and bath and body works. the tiffany t collection sold well and doing well and doing strongly. athletics worked this season. did eosee the line for blue legends at foot locker. i think they are going to be a winner. consumer electronics, and just talked about apple. best buy has to be a winner this season also. and stores crowded and everything we tracked online has
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worked also. h and m. not much worked in apparel. and basic apparel is kind of dead lately. >> everybody was saying that's the one real shocker and what continues to hurt many retailers is there was no must've apparel story whatsoever and hasn't been. >> we get two to three fashion cycles a year. we didn't get anything. so what's working. everything apple, everything access ory accessories. and it's all about athletic from gap which is working and lulu lemon is beginning to recover. that is what's working out there. and the other things, the lower income consumer, the gap is narrowing in terms of walmart and target, they are beginning to see improvement in terms of lowering consumer spending and look at home depot and lowe's. >> are you a believer again in the lulu. >> i am. it will not do what it did in the past but the data points.
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easier compares and new product. and international story and supply chain initiatives. new cfo and advent there. so the data points are more in favor than not. >> in the overall pie that is consumption you do feel the losers can still gain because even if their share of the pie is constant, the pie is growing. we'll leave aside radio shack or american apparel, something is this that has app obvious issue with it. but can the losers perform well here. >> yeah i think the losers can do a little better. and black friday is no longer the kickoff the holiday season. basically right after halloween, name your price and the promotions are there. what's changed is the fact the holiday season is growing longer and longer and it's i ee's involleyball. you see what's being dope on line. who would have thought that
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radio shack still be here today. and so yes, losers can still work and part of the reason why, the balance sheets are okay. but not everyone. >> and a and f we talked about before. they are in a downward spiral for fashion standpoint. so can anything save them. >> the balance sheet can save them. >> can keep them afloat but maybe not save them. >> i need the next fashion cycle. i need a reason to give people to go in there and shot. and i don't have that now. >> you like kate spade. >> right. >> is that as the pence of coach and kors. >> they have a personality and an identity. it is a newer brand and getting domestic and international and a wider range of age groups. coach is trying to figure oits out again. it's more of the outlet story. can it revive? remains to be seen. kors is still working but it is not the same growth rate as before. a decelerating comp on continued
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very good margins. >> doc do you want to weigh in on retail? if you play the way dayna says, if you like athletics or foot locker maybe you continue to like under armour or nike. dick's sporting goods. >> i do. i like the first two a lot more than that third. under armour and nike. i think dayna nailed wit the what's going on with lulu lemon, athletics. and as you know i'm still a hold over coach here. believer in the turn around story and until i see them come in and start selling the shares i'm going to hold on. >> anybody own kate? >> i don't own kate but i'll tell you that looking for gifts and by the way you are not getting the gifts is explained by the delays, nearly 13% that i said. and maybe in the 5 percent that gets lost perfectly. with kate, i can't tell you how
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many pocketbooks we are looking for my wife and i and daughter and others. >> very popular. >> and some will never buy coach again. so based on that and the sales clerks there coach is still a dead brand. but macy's. >> they are everyone's biggest vendor. i like the macy's story. a cheap multiple and could move higher. we need top line growth for everyone. >> you like macy's. >> yes i like macy's. i still think it is the cream of. >> it is. >> amazon ending a rough 2014. but is the retail giant in? we're going to get top picks for if new year. and gopros have been flying off the shelves. no big shock there. the stock has taken investors on a wild ride. it is up big today. can the christmas spirit carry gopro much higher? we'll hit it in the blifrts next.
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and a free 30-tablet trial. time now for our trader blitz. five trades on five stocks making news. the fund cuba is higher on the day. almost down 30% though from the spike though. there w >> despite waiting 20 years for this to happen he's been a seller of the shares of cuba. so me he was smoking something and it wasn't cuban cigar.
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so i'd still be a seller here. i don't know what a cuba fund is. >> rig, transocean has gotten hammered this year. a nice rebound today. >> i think it is just on oil. i think you stay away from this. on the simple argument that they are going to cut the dividend in the first quarter. even though that should be priced in by now u it never is. on the day they announce the dividend that will be a week or two worthy of selling. so stay away. >> gilead is up today. in position to launch a $10 billion buy back. >> i think the trend is against them. they are bouncing back from last week's news but all the bio teches are being bought today. i think stay away from interest sector. >> gopro, i know you don't cover it specifically however it is an electronics christmas.
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or was. >> no shock. this is running higher and basically one of the most popular gift out there. after we get thank you the holiday season and seeing the sales increases are, basically going to say does it keep moving or not. >> therapeutics jumping. >> 12.7 million shares. so this is one of those but when we look and say wow look at the feeding frenzy. no wonder. there is only one door and a lot of people trying to get in that door. up 4% today. 7% wednesday on the short day. and it's a whose who of investment banks that brought them out too. j.p. morgan, morgan stanley, goldman. >> up nearly 40% when we come back, but will they fly to new heights in 2015? picking the new consumer winners and loses for next year.
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and how much money did the movie bring in and did anyone on this desk go see it?
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this is the ten year note.
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yield at 2.25. stock traders have been piling into the santa claus rally. bond investors, what do we expect from rates in 2015 because it was a confounding trade of 2014. >> -- >> didn't go up. >> it was the most popular into the beginning of the year. i thought ten year yield would be 3 to 3 and a half and clearly that was wrong. with japanese bonds hitting an all time low yield yesterday. with german rates below one. healthy below one. swiss rates below one. negative interest rates actually. i think that bonds aren't going to fly away from us here but the downside is that -- don't fly away meaning in terms of the upside and continue to outperform. i think 2% in the low end in in the ten year and three and a
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half in the upper end. >> do you think we'll see a three handle? >> i think you could but i think the economy is going to continue to accelerate. the moderator is going to be european sovereign yields. we have the highest yields and the best credit. so that's why i think we keep a label on it. >> people are buying u.s. dollars and because you have geopolitical risk out there that is going to put a top on yields. so i would be very careful. because you need the perfect scenario for rates to keep going up. and there is too much uncertainty the rest of the world. >> the one that will be removed this year is the fed funds rate. that's been anchoring the yield curve at very short end. we think in the summer that will move higher and the rest of the curve can go with it. so you don't short bonds here. that can get you into a lot of trouble. but keep your duration short.
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three to four years in your portfolio. >> people here, they think munies. >> yep. >> one of the best trades of the last 12 months by far. what are the next 12 months going to hold for a critical sector people pay attention to. >> what i just said. keep the duration at the short end of three to four years. don't worth the credit quality. it is fine in municipals. just worry about the interest rates. and i want to say this. two generations have told me and i've learned the hard way. don't predict interest rates. all of us are doing it and we're almost certain to be wrong. generations told me mott no but i cast caution to the wind. >> we ask anyway. >> i answer anyway. >> sony's "the interview" became the first studio film in history to premier online. and kate rodgers is outside village sin mas cinemas with mo.
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>> they did just come out with the company's first statement since the unconventional release. saying considering the challenging circumstances we're extremely grateful to people all over the country who came out to see the movie. also the film grossed over $1 million on that day alone. the independent theater behind me. fans started trickling in for the first showing today. and the three week hack attack only made them want to see the movie more. fans also went so far as as to tell us that they thought seeing this movie in theaters would be a once in a lifetime experience for them. >> of course something being taken down would make people more excited and make it more of like a secret club kind of thing. >> but despite fan support for sony, it wasn't smooth sailing. they did release the film on xbox and population, both systems had connectivity
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problems over the holiday. a hacker group called the lizard squad said they hacked into the xbox and population systems. and sony said it could have been just high user demand that caused the issues and it has not been confirmed. >> anybody here see it? >> my daughter did. the lindsey weiss factor. she saw it. theater was packed. it was sold out before, sold out afterwards. she liked it. a low bar there admittedly. she likes everything. but here is what i think it is going to do. when they ultimately go to wide release it is going to do very well. we downloaded twice because we had one of those connection issues so i'll be looking for a refund from youtube. but it means great publicity. you can't buy that publicity. >> i think it's interesting to see what the margins are like if you get more downloads. there's no cost to the downloads. you are not paying the movie theater anything. you are getting self fulfilling
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downloads. >> a sony related story obviously. over the holidays, big video game. i know in my family and despite many others. despite an outage, what is your look at the stocks. >> we like game stop it's been a favorite name of ours. it continue to be. we think it will work into 2015. >> i heard somebody, and maybe it was yesterday or the day before question, you know, why won't you come to a model where eventually you will just be able to download whatever video game you want. >> and seems like that is going to happen with everything. in terms of shopping online. >> so why gamestop. >> it is one of the favorites because of the new games coming out there. you continually to have a store base that is profitable and it is all about what is the next new hits. >> consumer stocks b have been a mixed bag. name likes under armour and l
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brands and nordstrom and ross stores. what do we do in the year ahead we've talked about some of those stocks already. i don't want do that. let's talk amazon. two major analysts make it their top picks for 2015. you make sense of that? that how you feel? >> i don't feel that way going into 2015. i think basically there is more competition there. i think at some point you have to make money. who knows when that time is. one of the newest things, bricks and mortar integrating with the online. all of a sudden we're hearing adams is going to open stores. there are leasing being signed and buildings bought. more and more online only retailers are coming to bricks and mortar. we're now seeing that sbre integration. and it goes to sew bricks and mortar is needed as well as online.
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>> but you would not own the stock. >> i would rather basically own some of my retailers. i think brinds win. i think vp corps. i think limited. i i this macy's. i think what you are going to see from nike. that's what matters. more longevity and more sales growth in brands. >> doc, do you want to take that on? >> no. i don't. but i'll just -- i bet dayna would be right there with me on this one. as far as tj max being a huge beneficiary of what was that delay of shipments from the west coast. a lot of those retailers are going to basically reject some of these goods. a lot of that is going to go right over to tj max and marshalls and i think it is going to be a wind fall for them. >> i agree. whether burlington, ross, tj. traffic has been accelerating. we've seen it accelerate at burlington and the tj.
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tj is really one of the only ones integrating online with bricks and mortar stores. i think t.j. was more giftable this season than in years past. t.j. underperformed in 2014. it could potentially outperform in 15. and burjt burlington could keep in 2015. >> you always get people hoping to pick the bottom. >> a big slide and a nice pop off the bottom. >> yep. >> is there a reason to own it in 2015? is it going to be a winning stock count intuitively. >> i don't think so. i think you do better in more focused companies. e said clearly he doesn't care if he ever makes money. he he looking at basically his private company and taking a long-term view. and the fact to me that they are going to bricks and mortar is almost admission of defeat in
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terms of that model. and other companies are more willing to match price then why go to amazon. so they will do well as a company but it will still be massively overvalued and no reason to own it. >> i agree with both of then. i think it is a cult following. and when you start valuing it with companies that are bricks and mortar and look at the walmarts of the world, i think the stock is going to come down and i wouldn't want to be in front of the it. >> here is the summary. as the great company and a terrible stock simply because it doesn't make money. but it is a great company. if you are bezos you're thinking wow. >> jeff. >> jeff. >> and you wouldn't be a long-term investor. >> if you want to trade the stock like you do after christmas but then i would stay out. >> maybe that is the argument is that it's difficult to be short-term because you don't want to deal with the lack of
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profitability. you could be a long-term investor in amazon simply because you believe in the story bezos is writing and that it's going to have a happy ending i. >> i think you believe it is a good company but i don't believe as the good stock. >> how do you handicap then? >> there is too much downside. and wait until you see if this happens. and they're going to sign leases. >> that a reality. now it's e a trading stock and not something you can invest. >> at the beginning it was either or. online or bricks and mortar. and now it's altogether. we have so many companies that have integrated, i think brands that are integrated work for 2015. >> and the other part, leases come on there is going to be debt on the balance sheets. you are now going to start talking about true cash flow and coverage ratios and any blip in the economy, what is the first thing that people are going to go? they are look at stock that is
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overleveraged. >> you have to buy when there is maximum negative and sell when everybody gets on board. coming up. is your stash of bubbly up to snuff? finding the top values coming up. and ibm looking to turn its rough 2014 into a 2015 turn around story. it is a halftime debate next.
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snoop coming up at the top of the hour on power lunch today the dynamics of the santa claus rally. a look at why stocks often rise in the last week of the year. now just four days of trading left in 2014. forget about the post holiday sales. today we're hunting for bargains in the stock market. and nat gas below $4. oil really dropping. how do you play energy? that's ooming up. >> and ibm in the meantime the worst stock in the dow this year. down almost 14%. is big blue past its prime? let's debate. log on and hoelp us decide the winner in real time. >> steve, first off, kudos to you. we did this last year. i don't know who won on the debate but you won on the stock.
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's down 14%. my feeling is the company has thrown in the towel. they have removed guidance a couple months ago. they are going to have $16 a share earnings. and trading at 160. so there's ten times earnings. and to me you have to believe there is no growth into 2015 at all. and i have to believe with the economy picking up they can get some growth, 16 and a half, 17 multis a share. they should put guidance back in. and finally a lot of people say well, you know, all the earnings per share is from buy backs. i say foo ey. >> ibm isn't going anywhere. here is the bottom line on it. pre tax income was down 18%. they are taking more and more bad debt on in terms of the
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expense. so they had anticipated a bad debt rate after object.3%. instead of it was 1.5%. they are reaching more and more for sales. and actually their debt non investment grade is 42%. >> not for nothing weiss but the bull case is increasing as you are speaking. >> so let me go this way. at 10 times earnings doesn't mean cheap is attractive. she has hasn't -- >> can't argue with that. >> amazon is doing more main frames than ibm is now. everybody is competing. google, amazon. so cheap doesn't mean it's going up. i wouldn't own here. there are better ways to make money in tech for or you better ways to lose money in tech. >> sirat, why don't you settle this. >> i think valuation is not a reason to own this stock.
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there are too many things that aren't going well. the only area really growing is cloud which is 6 billion of a $100 billion company. i would say you don't want to be in the space. they still don't have a strategy when all their competitors are doing very well. >> by virtue of the fact that it's had such a dismal 2014, not a bad place to place a bet though. >> only that you have products that are going to really grow. if you had any of those i would say sure. it is too big. it is $100 billion. you need some catalyst. a separation or spending more on to what you really do well as opposed to just saying more of the same. >> one thought. the catalyst here is the january earnings. and they should put guidance back in. let's face it. there is a lot of analysts out here who don't do anything other than what the company tells
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them. there are a lot of of them out there. when they get guidance then they will start to put some guidance -- >> it willing a great selling opportunity. >> -- into the stock. >> 53, 37. that's where it ends. if anyone challenges you to an eggnog chugging contest? you are best to decline. the story of someone who did not heed this advice. and that's our worst trade. and the our smellier helping us the best bubbly for the new years celebration. you know "hidden things..." ok, why's that? no hidden fees, from the bank where no branches equals great rates. which means it's timeson for the volkswagen sign-then-drive event. for practically just your signature, you could drive home for the holidays in a german-engineered volkswagen.
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only with xfinity from comcast. welcome back. we want to look at bubbly assets. the director voted best in the way in 2008. he is here to break down the best bubbly for your buck. it is nice to have you on. thanks for coming in. do you have to spend a lot to get a lot, so to speak, when it comes to champagne? >> it depends what you are looking for. >> a very talented man, by the way. seriously, do you need to spend $50, $150 to drink something decent? >> when you are talking champagne you are looking to
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spend $50. in champagne prices you talk about 5 to 6, 7 euros. ultimately look down the road you have to spend $40 to $50 minimum. >> how much attention do you pay to currency moves? the euro is coming down and makes a difference to those folks who are importing. >> it changes all the time. lock in to certain price rates. but we pay attention to that. >> a couple of things that surprise me about champagne. you say it should be served at 46 degrees. normally you see a champagne bottle out of a nice bucket of ice. >> if you look for something which is very simple you want to cool it down. if you look for something which is more rich and much more luxurious when you cool it down you know you take flavors out. obviously, that is personal preferences to that.
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there is a reason why you cool down to certain degree because they can drink much more smooth and don't pick up other experiences. >> this bottle that you have there would cost how much? >> about $200 retail. >> you would want to drink that closer to 46, 47 degrees. >> push that a little higher. normally serve it in bigger glasses so that the wine can breathe a little more. >> what about the least expensive champagne? >> the least expensive is -- costs around $46 in retail. if you want to spend less money that is totally fine, too. you spend $16 on that. >> talk about how you are seeing champagne sales at the restaurant and the wine bar moving lately. we have known that the high end has been good. are you seeing greater sales?
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>> champagne is always a safe harbor. once i'm stuck on certain pairings with him champagne is basically a wine which goes with everything. there are very little things it doesn't work. we see right now huge growth in little champagnes. people look for craftsmanship. i see that. people don't necessarily move to big brands. they really want to go to the smaller producers. >> these guys are drinking -- >> certainly one of the most famous champagne houses. >> have you noticed as the economy goes up and down your sales of certain things go up and down? how does that feel today? getting better sales? >> stock market has to play a big role in that, too. >> what we have learned so far is people always regardless how good or bad the times are people
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always want to spend -- willing to spend on quality. that is what it comes down to. people might not experiment as much but on quality they spend money. i take myself and i think we can take ourselves honestly. quality would cost money otherwise you cannot produce it. >> happy holidays. >> my pleasure. >> the wine director and has his own wine bar. final trade is up next. eally ho hidden fees on savings accounts? that's right. it's just that i'm worried about you know "hidden things..." ok, why's that? no hidden fees, from the bank where no branches equals great rates.
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another way fidelity gives you a more powerful investing experience. call our specialists today to get up and running. so i can reach ally bank 24/7, but there are24/7branches? 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. traded down, i think to 192 maybe for a hot second and now it is back over 225. heck of a move by tesla, almost 18% in about eight days, phenomenal move. >> we will do some final trades.
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>> long natural gas. >> another big day in the market just extending record gains for stocks. that does it for us. have a great weekend. "power lunch" is about to begin. cheers to all of you. >> "power lunch." halftime is over. "power lunch" and the second half of the trading day start right now. >> that's right. tyler and sue are off. i'm bill griffith long with susan lee. >> so happy to be here. forget about the post holiday sales just four days left to trade 20i7b 14. today we are looking for bargains in the stock market. and the santa claus rally doesn't happen before december 25. it comes after. will it happen this year? >> meanwhile, how was the shopping season? new numbers are coming in. in about five minutes we have all of them for you. it

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