little bit more. >> so i'm on a tour across europe and back to asia. i will do a large french fry tour and big mac index personally. >> i will be on ""closing bell"" later today. you are going to join us. looking forward to it. that's it for "power lunch." "street signs" starts now. christmas may be over but santa claus is hanging around and bringing cheer to the markets. stocks are high across the board but oil is lower again. nat gas falling below a key price level. dow, s&p and utilities smashing records today. if the dow does manage to finish higher it will be the first seven-day winning streak since march of 2013. the real taker of the christmas cake today is the russell 2000, the small caps. it is the first time it has set an intraday high since july 1

m. we are breaking records but it is in light volume. >> sth santa claus rally off to a strong start, day after christmas, a day where usually the s&p finishes to the plus side 78% of the time. we want to point out groups that are leading the markets higher today. utilities and health care, these sectors are the best performing. leading the way, of course, they are rate sensitive. utilities stronger throughout the year. pull back a little bit in response to the weakness in

crude prices. retailers in the wake of numbers coming out. and then the international council of shopping centers saying the growth this year for the holiday shopping season will be strongest in three years pretty much as expected. those are best performing retailers. amazon up on the news that it added 10 million prime customers. the dow just actually at its best levels of the day. >> thank you very much. let's get to bertha coombs where nat gas is falling today and dropping below $3. the first time in a couple of years. >> it is. certainly welcome news if you heat your home with natural gas. if you are long the futures you are really feeling a bit of pain here, worst performer this week. the issue is the weather.

we have balmy temperatures across the east coast for christmas day and the forecast is not calling for any demonstrbable cold weather over the next week to ten days or so. you have seen the pullback. i was talking with steven. he says technically there isn't a real level of support here. you start looking at some of the 2012 levels and says this could fall towards $2 if we don't get any new weather coming in. part of the issue is the fact that we had such cold winter last year. the year over year comparisons as we start getting stock pile reports if we don't get big draw downs the surpluses are going to grow, prices will feel pressure to the down side. right now, though, when you look out to the further months, future month contracts not down as much as the front month contract in natural gas. some players are saying we will see a seasonal cooling kicking

in in january. but this point the traders and analysts are saying similar polar vortex like last year, the comparisons will be very difficult and the pressure will remain to the down side. >> bertha coombs, thank you very much. christmas day was positively balmy. for more on the impact of low oil prices and how the markets are looking heading into 2015 let's bring in ben. before we get to your 2015 play book, do you think we are looking somewhat overbought at these levels? >> i think the larger market, the s&p index probably slightly overbought from a technical move from where we have come from. i don't think it is at the correction i hoped to see from that move. i don't think it will be that dramatic. given the light volume that very may well happen before december 31. >> to your point, we can be overbought for quite some time. >> correct. >> at what point do you think we

will see a pullback and what might be that trigger even just for technical reasons? >> i think we continue to puncture through every technical level on the way up. we barely pause there. we had a little bit of a move today. we had a technical resistance level for a little bit. my whole mindset and play book will be that the central banks of the world will be what moves this market place. with the fact that we will have very few market participants going into december 31 i think the likelihood is for a day or part of a day of a session where we could see a corrective action in the market place. i believe we will be higher on december 31 than we are today. >> do you agree with that? >> i largely do. the trend is your friend. with seven positive trading sessions clearly the bias is upward here particularly in the absence of fully staffed trading desks. i think the sentiment is such

that equities remain the asset class at choice coupled with the fact that there are trading sessions left before the end of the year. you have investment managers who are under performing and don't want to have sideline cash that is missing out on the rally in the bench mark. as a consequence they can be a driver of higher equity prices from now until the year end close. >> what about going into 2015? if you take a look at the dow and s&p i think they are up for the past nine out of ten trading weeks. nothing goes up in the straight line. when do we see some kind of pause? some kind of pullback and same question that i asked ben, what would be that trigger? >> we may have pulled the january effect into december. so we could actually see little more volatility, certainly a little more down side in equities after the beginning of the year when staffs look around and say mamaybe the market is too far too fast.

the betting is that a lot is going to go right. while our base case is it largely will in this sort of non-inflationary growth environment we have which is right for corporate profits to continue to grow. multinationals continue to face the head winds of the stronger dollar. energy is troubled here. and the fact is we will have different positioning from our federal reserve hearing this year relative to the narrative on the liftoff date for interest rates. collectively plenty of cross currents can create more volatility if not disrupt the bull market. >> i am glad you raised the issue of energy prices. what is your prediction? will it be a net positive or net negative for our economy and stock market? >> it will be a net positive. however, my predictions may seem a little crazy to some people early on. there is no reason for oil to be above $100 a barrel.

during that period of time we had more oil on the face of the earth than in your lifetime. in 40 years we have never had this kind of surplus. that being said, i have been calling for a 45 handle on oil. you don't have to listen to me. you had members of opec and the largest oil nations of the world telling you they expect the 40 handle on oil. i think that is pretty much built into the equation right now. >> certainly not standing in the way. thank you for joining us. >> let's get back to the stock market and more. we are about to go live to the front lines in retail with a live report from josh lipton who is right in the middle of the bargain hunting. and the few theaters that did show "the interview" had blowout numbers. we will get the latest on whether the whole story may turn out just fine for sony. do stay with us. 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

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december 26 is called boxing day in australia, traditionally when the oms are received from the church box. it's more like gift cards day here in america where people are hitting the malls to spend their gift cards or maybe return their unwanted presents. let's go live to josh lipton in california. josh, what are you seeing there? what are people up to? >> reporter: well, the season of giving might be over but retailers hope the season of

buying will keep going strong. analysts say december 26th is a busy and critical time for retailers, whether selling clothes or electronics. >> they have an opportunity to clear up merchandise that they didn't get pushed through during the holidays and an opportunity to get another bite at the apple because of the gift card situation and gift cards being prominent and indicating it is number one item that recipients wanted this year. >> reporter: analysts do expect to see strength from consumers as we get into the final stretch of the holiday season due to better gas prices, improved consumer confidence. national retail federation expects holiday sales to jump 4% to $617 billion. where will we see consumers buying today? where will bargain hunters be looking? apparel sales attract a lot of attention. express is having 50% off, not

to be outdone gap giving up to 60% off. and this h&m there was a line of people waiting to get in the door when i got here this morning. and also consumers are going to be returning those maybe disappointing christmas day gifts. that could be good news for retailers, as well, if you can just get consumers in the door even if they are there just to return stuff, they tend to get busy buying pretty quickly. >> thank you very much. where is retail headed now after the holidays and in the new year? cnbc contributor and ceo joins us now. just a word on the mall. we send a lot of reporters like josh lipton and courtney reagan and dominic chu, we sent them out to the malls. it kind of looks empty behind them. there is not a lot of fun going on. is that your experience as well? >> i thought the malls were pretty tough this year. i think the mall traffic was down 4% to 5% year over year despite the fact that sales are

going to be up in my opinion 4.5. so i think we had a strong selling year. i think it was a good time not to be stuck in the mall. i do think the things you saw where the mall didn't look that strong it wasn't that strong. >> if it wasn't in the mall where do you think it was a good time to be this holiday season? >> a big box retailer, wal-mart, target, good to be macy's, best buy, somebody who wasn't tied to interior of the mall traffic and really good to be an online seller. >> like amazon. they were saying 60%, i think of their purchases this holiday season were on mobile phones more than doubling from this time last year. >> that is where the world is going. if you look at china today all sales are on mobile phones. you will see that happen here, as well. you will also see wynn. you have to be quick to do the mobile business. one of the reasons target did so well online was a great use of

the mobile app. that is going to be a big piece of the business. it is also really important to be a full omni channel player like macy's is or what nord stroms is today. pick it up in the store, bring it back to the store, all of the things the retailer wants to do. that is what you are seeing today. today will likely be the largest number of transactions that a retailer does this year. unfortunately, they will be small and a lot of it is returns. lots of transactions, not a lot of traffic but lots of transactions and sales about half what you have. this will be a really big selling day relative to last year. >> supersaturday, saturday before christmas. >> this friday, today will be a really big day because last year the day after christmas was a thursday. everybody wasn't off of work. this year if you went to work

today you would be a rarity. this would be a good day. we will see retail sales getting better as of today. >> and a word on 2015. take out the crystal ball with your decades of experience you have a big crystal ball and hopefully with good visibility. what trend do we look out for? who is the main winner in terms of retail stocks? >> you don't need to be a good crystal ball when you have a stock market at 18,000 and gas at $2.35 unless you think it is going up a lot. the consumer is going to be feeling really good. macy's is going to continue to do well. wal-mart will continue to do well. you will see smaller players do well. you will see burlington stores do well. you will see stein mart do well, kate spade will do really well. >> i didn't mean to interrupt. your biggest turn around story for next year is? >> i think we will see real life out of our friends this coming year. i think that is starting to happen. i don't know if that is the

biggest turn around. i think the biggest turn around may be kohl's because i believe they are starting to get traction. i don't think they had a great holiday selling season. they have issues, getting fixed. i think they get a new chief merchant hired. they are in the right space. that lower end consumer is going to do well. we got to leave it there. it's a good news/bad news situation for sony right now. it looks like fans are embracing movie "the interview" but the place station network is still struggling with what looks like a cyber attack, another one.

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gives you a more powerful investing experience. call our specialists today to get up and running. a major hack attack shut down the sony play station yesterday just as many gamers wanted to try out their new toys. joining us now is senior editor at recode. good of you to join us. the last i heard was x box was back up and running and play station was not. is that the latest you were hearing? >> that is the latest as i understand it. x box up again and play station still down. this group, the lizard squad, they are well known for having

harassed numerous gaming networks whether play station, x box live. they have grievances that are hard to determine. i think they say the services are greeding for charging money for gaming services. i just talked with a source of mine at harbor networks which monitors the distributed denial service attacks. they say these guys are on a tear. >> do you think there is connection with the guys or gals or whatever country that hacked sony pictures? any working in concert here? >> it is hard to say. the lines between the different groups are very hard to determine. the reason i think it is speculative at this point is that no one knows who the members of the guardians of peace are. the fbi has implicated north korea as being involved in motivating and planning and carrying out the attack.

the working theory is freelan r freelancers were hired by north korea to carry out the attack. it is hard to know who the members of that group are and whether or not they may know this group of lizard squad. it is absolutely plausible they may be comparing notes. the timing is certainly interesting. to say they are in league is a little bit speculative to me. partially because we have no political motive from lizard squad. they have never said anything about their motivations or political motivations or anything like that. guardians of peace have been complaining about this movie cht. >> very quickly, multiple black eyes for sony. big headache for microsoft. do you think it makes people less likely to buy one of their gaming consols as a result of this in. >> it is certainly a black eye for both of them. sony has had an ongoing issue with this since 2011. play station network came down for about two weeks. they said they learned their

lessons and suffering from problems of this nature. something will have to be done. >> thank you for joining us. >> the movie "the interview" finally saw the light of day and sony says it made $1 million on christmas day. kate rogers is live at new york city at one of the theaters showing the movie. what has been the response of people coming out? >> reporter: we have been telling you all day critics haven't been loving the movie. the theater goers we have been talking to here in this lower east side movie theater say they enjoy it. it is a goofy comedy you come to expect from seth rogen and james franco. one said he came to see it in order to show north korea who is boss. >> i just wanted to see it to stick it to north korea. got a little serious towards the end. but james franco steals the show. >> i think all around it was a

really good movie. >> reporter: remember security threats were one of the main reasons that sony and some of the major theater chains decided they weren't going to show the film. the theater goers we talked to say security wasn't something that crossed their minds. sony said this made more than a million dollars. an impressive feat. sony saying it is only playing in about 10% of theaters. remains to be seen if sony and "the interview" can continue with the holiday hype. just to be able to discuss what it is about. so what film goers flock to theaters and see "the interview" if it weren't for controversy. a film critic for the denver post. am i right in thinking it was maybe on the bottom of your list of movies to watch that shot

straight to the top after the hoopla? >> you are absolutely right. it was on the bottom of my list because other interesting films were more important. once you have sort of echo the film goers felt like you rally to see this film regardless of whether you are interested in it initially. >> i think it is supporting a kind of freedom of expression. i thought they were more courageous that exhibitors turned out to be. >> real time tweeted the whole interview.

i read some of the tweets. >> i know. i think it was a better idea than executed. i did do a twitter review. in a weird way in the spirit of the movie and the comedy. it's like this is a comedy. i wasn't stoned. it is colorado but i was in my office and i thought it might be a little more fun to do it in an interactive way and get it out there. >> because the studios generally don't like you as a film critic to watch it by yourself in the privacy of your bedroom or living room. they want you to feel the audience and want you to get in the mood of laughter. >> absolutely. i think they do. i respect that to some degree because i like seeing comedies with other people because i like laughing and i enjoy the spirit of that. i don't think i lose perspective because i watch it that way. at the same time it is awesome to watch. the great thing is everyone was in the office and giggling at my

giggling. they just knew i was getting a kick out of it for the first 20 minutes or so. i do think that seeing comedies with a bunch of people is kind of the way you should see comedies the same way you see children's movies. they don't want you to see kids movies with a bunch of critics, either. >> that is a good way of putting it. thank you for joining us. >> so now after all of that "the interview" is just a comedy looking to be funny or silly. kind of like a stoner movie. let's bring in adam sag. what did you think of the film? >> first i need to go on record saying i am not a member of the lizard squad. >> you should wear a badge not lizard squad. >> absolutely. i don't know how you feel about raunchy adolescent comedies but i love them. i was looking forward to this film before the hoopla and shenanigans and terrorist

threats. i was a little disappointed. i thought the first ten minutes were sensational. i won't ruin it for viewers but there are hilarious cameos by eminem and rob low. it got sort of tedious. >> i thought it was front loaded with the gags. i was outright laughing at some points and got boring and started going back to preparing for the show. >> you were watching here. i was watching at home in my paj pajamas. the main thing is it doesn't matter what the movie is like. people feel good. americans feel good seeing this movie. you had theater goers in austin singing "proud to be an american" and all of these arthouse theaters that normally have five people in the audience are sold out showing this raunchy seth rogen film. it is kind of fun and makes us feel good and patriotic. >> i found myself wondering how

much of how they portrayed north korea is really like that. there is the sweet girl dressed up with flowers saying horrible things about the united states mptd. >> that was very funny because we have the translation and she is saying things like i hope america goes to hell and bleeds. >> and much worse than that. >> can't say it on basic cable. >> i thought it started out great and stayed with that level of satire and devolved into a typical seth rogen film. i like those movies. >> if you like that kind of movie it is right up your alley. >> i'm sure people will go out and see it. >> the thing that interested me is that the times has a great article that says chinese -- people in china are downloading. the fact that you have this communist country that is an ally with north korea and people are enjoying the movie that is the most important thing. >> people call china the best

capitalist communist country out there. it may be the day after christmas but we are going to give you the gift of street talk just ahead. today it is with a twist because brian is out i have a special guest to help me do it. it is not who you might think. tis the season for drinking. we will take a look at constellation brands. each ally, but there are no branches? 24/7 it's just i'm a little reluctant to try new things. what's wrong with trying new things? feel that in your muscles? yeah... i do... try a new way to bank, where no branches equals great rates.

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wti crude ending lower again. let's get to bertha coombs with the final settlement numbers. >> right now it looks like our final trades here are off of the lows of the session but off about 4.5% for the week. we saw a little bit of stabilization with production levels in libya having fallen sharply because of fighting

there. not enough to put prices in the green again. wti down for the week. taking one last look at natural gas managing to close out the session just a hair above $3 per btu. traders saying without any significant call the lairishness will continue. time for something we do every day at this time. i'm joined by meg terrell. i kind of like that, it hurt my neck looking up all the time. >> b riley as a buy. >> this is a content delivery network. says the online availability of "the interview" should be beneficial as x box live is a customer. they say it is not possible to

estimate the potential benefit but should contribute to their fourth quarter on top of larger trends in online video. >> next up something i am more familiar with. g gilead sciences. >> we threw this in as a gift to you. >> the analyst note after pullback the company should repurchase shares and thinks it would make sense. perhaps launch a new $5 billion to $10 billion buyback. anything to add at the moment? >> they are rebounding after the express scripts. >> so report from the korea times says a unit of goldman sachs is considering a stake.

it is an e-commerce provider. group on is mulling a sale of at least 20% and up to more than half of a steak. >> to gold let's take a look at baric gold. >> most of the gold stocks are in the green today as the gold price is also rebounding. really nice gains for barrick. year to date barrick is down nearly 40%. gtx down about 14%. el dorado is up. go pro seeing significant. >> the camera maker is extending gains. it rose on wednesday following positive comments about the company's holiday season sales. the firm maintains outperform rating. i should also say that normally with street talk with be upgrades and down grades. >> thank you, meg.

now to "talking numbers." this is our daily look at a stock from a fundamental and technical perspective. the world's largest wine producer trading near record highs. the stock is up 42% so far this year. so will the high spirited run continue? let's talk numbers. jason, let's start with you. what do you think about this from the fundamental perspective? >> mandy, i'm a straight up bear. constuilation is looking bubbly. i'm not just talking about the sparkling wine line. i think this is literally in a bubble. i think if you own it we should sell to book profits. fundamentally this is not a pretty stock right now. the thing i dislike the absolute most is the low insider ownership. insiders have sold almost $200

million of this stock since 2010. there is anywhere from 1% to 5% insider ownership. that is a negative sign. negative sign number two is for a company that is spending so much money on acquisitions why isn't their earnings per share going up? it has gone down from last year same quarter. we are looking at a stock that is going up yet there is various fundamentals that are actually showing a negative trajectory. i don't really like this stock right now. >> you would be taking your money and running. what are the charts saying? are they saying get out now for this stock, as well? >> i would disagree with that. i think the chart says it is going higher. this is far from a new idea. the stocks had a tremendous run. i see all of the attributes of a healthy trend in position to continue. what i really like about the stock is spent most of 2014 working side ways. it was well above its 200-day

moving average in january 2014. third quarter that caught up to price. i think that inflection from a rising 200-day moving average in october is indicating a resumption of this strong long-term uptrend. you want to buy pullbacks. we put it on the buy list in august. i think the levels you have to watch are $95 to $97 near term support. former resistance levels. i think you buy it there. >> maybe worth looking at but only on a pullback from a technical perspective. thanks for joining us. be sure to check out the online edition. the ceo is getting ready to ring in a new year. will the oil price drop effect the top states report?

who better to ask than the man who puts that report together for us every year? and despite the big drop in oil are oil stocks a good place to invest your retirement fund? we will have very interesting answers and strategy for you. do stay with us on "street signs." for trading never stops. so open an account with schwab. and when a market move affects, say, a cloud computing stock you're holding, we can help you decide what to do. with tools that help you see how market activity is affecting your positions. so when the time comes to decide whether to scale in or scale out... you can make your move, wherever you are. and start working on your next big idea. ♪ and start working on your next big idea. (shouting) location. here's the location that matters the most. here. or here. or here. it's wherever this is. to get customers to come here and stay here,

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a number of states struggling with the big drop in oil prices but there are states that benefit. scott cohn joins us to break down the winners and losers. >> california is a good place to start the exercise. both sides of the stock here. on the one hand remember this is a big oil producer state. lower oil prices mean lower revenue but also a big diverse consumer centered economy. people drive to shopping centers so lower prices at the pump should help. state budget planners went in figuring that crude oil would average around $105 a barrel. $3.5 billion in counting and

states normally pristine credit rating. >> alaska is exposed to changes in oil prices. nearly 90% of the budget comes from oil and gas severance taxes more than any other state. >> the state that had credit with the outlook by this. analysts looks at other states, new mexico gets almost one-fifth of the revenue from oil and gas taxes. oklahoma 6% and the big wildcard here is texas which gets about 8% of the state revenues from oil taxes. we know what happened in texas during the last oil shock. some are saying if this goes on the state could slip into recession. as far as winners it could be any state that relies on consumer spending. washington state gets about

two-thirds of state revenues from sales taxes. and nevada, south dakota, florida more than half from sales taxes, tennessee close to half. the question is whether this low gas prices is going to translate to more consumer spending. analysts are looking at that. there could be winners here. >> thank you very much for laying it all out for us. >> despite the drop in oil prices long term opportunity in some select oil stocks. with forbes.com, the whole idea here is especially if you are a retiree relying on income you want to sleep well at night. explain how you can do that. >> you know, the most important recipe for retiree is sleeping well at night. one of the things we look at dividend stability. we look at a company's payout

ratio as well as consecutive dividend increases like outperform inflation and make sure that retiree is turning life sabving into a paycheck. >> you know, our favorite pick is chevron. if you look at it a lot of times when you are sitting across the table from a retiree they want to be invested in familiar companies. this is a company they know. the payout ratio is 40%. we think it can get to the 130. plenty of upside with income. >> down about 9% so far this year. company down about 10% this year is another one high on your list. big, well known multinational company, pays a dividend yield above 3.5%. that will keep pace with

inflation. it raised dividend for i believe 14, 15 straight years. when you look at that it weathered the economic storm. even if oil prices continue to fall with the payout ratio near 50% it will continue to trend. >> it is based in houston. it is up about 28% this year and it still made your list. it is not exactly bargain hunting but you like it for the dividend. it is a master limited partnership and low payout ratio. if things get tough it will be able to weather the storm. >> a couple other on your list there, robert? >> two other favorites is enterprise product partners. same kind of boring story but they are going to be consistent and with interest rates so low

retires have to stretch out. we think these are good places to do it while the price is down. >> it is actually up 8% so far this year. thank you so much for joining us. >> thanks. how many times have you heard the term santa claus rally in the past month? it is time we define what that means. we will do it for you coming up next. (vo) watching. waiting.

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does he even work here? don't listen to the naysayer. take the comcast business speed test. get faster speeds or more savings, or we'll give you $150. comcast business. built for business. tis the season for ham, candy canes and stocks. the holiday season is known for market returns oftentimes referred to as the santa claus rally. so, what does kris kringle have to do with the stock market? traders believe that more often than not stock prices rise between christmas day and new year's day and not clear exactly what fuel it is rally, maybe something to do with the annual bonus check or maybe everyone's just full of holiday cheer. these days, the term santa claus rally referred to any bullish stock move in the final two months of the year. according to analysts over the last century the month of

december brought average gain of 1.4% gain and positive 73% of the time. no other month even comes close to that kind of consistency for higher returns. there's no guarantee what happens in the future but wall street hopes that santa leaves gifts and not coal for investor's stockings. >> so with just a few trading days left in this year, is the santa claus rally here to stay in let's head to the nyse for market analyst kenny pulcari. what do you have for us, gifts or coal? >> no, no. just gifts. no coal. it clearly is, you know, the santa claus rally clearly has to fruition and really come to fulfill the every year, you know, the event that happens every december where investors and traders expect it to happen and again it happened once again. right? we saw that kind of market pullback earlier in the month and then, boom, the minute that the central bank says they're

here to stay we find a floor and the market rallies into the end of the year an i suspect it continues to do this churn right up here testing 2,100 on the s&p. i think selling pressure next week into the very last days of trading and nothing to deliver nicole. >> because everyone expects it, like a self fulfilling prophesy. and then what happens? cinderella turns into a pumpkin come 2015, boom, all these fantastic gains and these multi-record highs day in day snout. >> no. >> it can't go on forever. >> it can't. as we did into the end of the month here, don't forget. there's low volume. today's a low volume trading day an moves are exacerbated because of that and once the new year starts again, the slate is clean, everybody back to work. you have big thing tons calendar in early january. mario draghi and the ecb, will he disappoint or not? then i see -- you will see turbulence in the market and

have to reprice a little bit and back off some. that being said, the u.s. economy is getting better. we see almost with every macro report. we see what the fed is saying and people are getting more comfortable and therefore i suspect that after a little bit of turmoil probably in the early part of the year next year we'll continue to find of march higher. >> talking of ecb and mario draghi, i'm sure your good friend bob pisani not there with you now but talking behind the scenes and i think a 2015 prediction is european stocks to outperform u.s. stocks. what do you think about that? >> i think europe yees a great place to put some money, especially next year and especially if the ecb starts to support. i think you have to be careful and wait until you get more of a direction. i think investors given mario draghi a hall pass up until now and jawboning the markets higher. i think in january he's going to have to do that. if he does it, then i think you will see european markets really take off. >> what's going to be the black

swan event of 2015? could it possibly be like a red swan in the form of russia or china or not really care what's going on over there? >> no. you know, it's funny because you care when you care. right? >> right. >> when all of a sudden when the market decides to care about it, it cares about it. people put it in the back burner and realize it's kind of happening in the background but as long as it doesn't affect them here at home it's okay until all of a sudden you get some big explosion somewhere and it causes everyone to get nervous. right? i don't think there's a big black swan event next year. i actually think that lower oil prices are going to create a lot of excitement in the energy industry and look at that, m & a and ipo market hot again next year and i don't see anything to be a black swan. >> which companies? >> specifically i think you have to watch the whole group, right? we have gotten some mayor moves? some stocks and depending on what oil does, maybe some

regional players, some of the big guys looking at the regionals and scooping up assets so i think you have to pay attention and energy is going to be a big sector next year. >> do you have any particular stock pick for us? >> i don't. i can't go there with you. >> what would we avoid? we have like two seconds. what would you avoid next year? >> i'm not necessarily sure. i'm not sure really sure you avoid -- maybe take some money off the table in utilities. move it to some other sectors and sure one you avoid yet. i kind of like it across the board. >> and in fact, dow utilities at record highs today. thank you very much, kenny. happy new year since i won't be seeing you before then. >> thank you. robot butler, can you shut the shades? oh and could you turn on air conditioning i'm starting to sweat. i'll just do it myself. useless.

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but it won't start to develop human emotions. hey buddy. control your entire home with one simple app introducing wink it's like a robot butler, but not as awkward. welcome back. check out biotechs today in the top gainers of the s&p 500. celgene, regeneron and gilead. up more than 2% on the whole. >> okay. thank you very much. thank you for your cameo during "street talk," as well. we have records all over the place today. the dow in fact on track for the seventh straight daily rise and would be the longest streak since march of 2013. it's been another positive week. the second straight weekly gain for all three indices. dow, s&p and nasdaq and the ninth positive week out of ten.

the past ten for the dow and the s&p. so it's an incredible streak we are seeing here. s&p retail index is one to watch today for the first day after christmas which is moving higher, as well. thank you for watching "street signs signs signs," everybody. see you monday afternoon. welcome to "the closing bell." i'm sarah e 1i isen. >> i'm bill griffeth. santa claus paying a visit to wall street today, sarah? closing at record highs and look at the you till it is. s&p mid cap index, even the russell 2000 is back. all with records right now. who would have thunk it? >> surging. even mid caps are joining in the record party. look at where we are right now. the dow as bill said in