we have three tail winds of lower oil prices monetary easing and what i think are really important financial reforms. >> thanks for joining us today. >> have a happy new year and we will show you on the show in 2015. s&p pretty good year. "power lunch" picks up that story right now. "halftime" is over. "power lunch" and the second half of the trading day start right now. indeed it does. thank you very much. stocks under pressure this hour but get this the nasdaq is only about 5% away from its all-time high reached back in march of 2000. the stocks that are powering the nasdaq this time around straight ahead. a lot of big moves in tech. hp splitting in two. what about next year? and the big cap tech names bracing for a major shakeup. oil. all is not well with crude. prices slipping. the dow down almost -- oil market down almost 50%.

how low might oil go in 2015. tyler is off today. simon joins me. >> we have a developing story that we are watching closely this hour. let me take you live to moscow where it is early evening, about 7:00 there. thousands of people are rallying in an unsanctioned protest. one of the main opposition leaders in russia was this morning convicted of money laundering although he was released on bail. his brother was convicted on the same charges and imprisoned for 3 1/2 years. as he left that courthouse he called for protests across russia this evening. the critic was under house arrest. he intended to attend the rally. protests of this nature are unusual and it is not sanctioned by the state. these scenes are flanked by riot police. it is quite tense. we will keep people informed of exactly what happens cht they

have warned people that it is an unsanctioned demonstration and without a permit they are not allowed to be there. you will be aware of the background with the russian economy in some crisis. this is quite serious potentially. >> and the state department putting out a statement saying that the move against the protesters and also the jailing of the brothers or one of them is designed to tamp down social activism and protests. and they are watching that situation very very carefully. >> let me read to you what was said. this is the most contentable and disgusting part. we are seeing authorities trying to destroy this and put them away. we understood they would do this. remember the kremlin has used the courts in the past. the most powerful of all business men, he owned one of the major oil giants there was

put away on trumped up charges. he has left having been pardoned by vladimir putin and sits in switzerland suggesting he would be happy to come in were he to be asked to form opposition. let's catch you up where we are on the markets. below 18,000 on the dow. we are down 50 points three major u.s. averages having the biggest one-day drop in two weeks. we should point out that the volumes today are about a third of what you normally get. >> i want to point out that while the markets are down a little bit we are seeing a little bit of flight to safety around this russia story. put up gold and silver stocks. this happens when you get a little bit of global uncertainty. this is a classic flight to safety play. we are seeing gold and silver stocks, all the stocks are on the upside today. that is the market mover. there are a couple of groups continuing to rally on days when there is not a lot of news

around. metals bottomed several weeks ago. these stocks have had a horrible year. u.s. steel has bottomed. just had a terrible year. it has been coming off of lows recently. these are the trends you want to watch on a day where it doesn't appear to be news behind these things. the other thing i think you should be watching is bank names. you can own this group called the kre regional bank index. this has been rallying quietly for days now. we are at the highest levels since march on this. it is a basket of regional banks. what has been rallying are small cap regional banks and a couple of large banks here. a couple of names like key corp and bb&t. i want to note that people are moving money around here at the end of the year. some of these etfs and bond funds the vanguard total bond fund, one of the biggest and the

bond universe has been very heavy indicating a number of people are re-allocating assets here. >> the tensions in russia pushed the yield below the 2.2% mark. nasdaq is down a bit today losing gains for december. believe it or not it is only about 5% away from the all-time high. a couple that are dragging it down, as well. >> it is a double edged sword. we have spoken about the two biggest ones. we know keurig green mountain and monster beverage have been -- wed lived in california. if you take a look at names we often talk about check out some of these ones. whole foods and ross stores are three names in fairly distinct

parts of the market. let's look at whole foods first. this is an impressive one. since march of 2000 this stock is up about 870%. this stock has been volatile as of late. it had a rough year. it has come back a little bit here. a nice move higher for whole foods. you are talking about a 1,600% gain just since the peak of the bubble in march of 2000. when it comes to off price retail dress for less ross stores, gain in that staub. these are stocks that are large cap names but aren't some of the ones that you get a lot of attention for. apple, we know apple is up about 2,500% since then. let's take a look at a couple of the names. we know cisco and intel have been drags. they are still very large companies and have done relatively well. look at microsoft for one. this stock is just about 6% away

from achieving its bubble high. it's almost there. remember oracle just got above its bubble high over this past couple of weeks here. microsoft is almost there. texas instruments a different story. anything that has an analogue chip in it if it is your blender, washing machine has a texas instruments chip in it likely. that stock is 40% where it was. >> that is amazing given its reach. >> we say the same thing about a lot of names like intel and cisco systems. names that we talk about as back bone for technology. we cannot do technology without using products. some of them have not regained former glory. some names to keep an eye on as many analysts and strategists like this large cap tech theme. >> microsoft was dead money for some time. all of a sudden it had a big year. >> the new ceo. >> a lot of them have dividends. >> thanks. i'll see you again in a little bit. >> joining us now down here

darryl crump, president of wells fargo investment institute and senior vice president at pioneer investments. good afternoon. if we get back to where the nasdaq was at the boom that is a huge milestone for anybody over 30 35. >> absolutely. but that said we still think there is value in the large cap technology space more cash on the balance sheet than debt. most cash of any sectors. best global foot print and actually an ability to drive and grow earnings probably better than any other sectors in the s&p 500. >> it is interesting because dom pulled out whole foods, act ivision and ross stores. are they in the nasdaq or the dow? >> a combination of both but probably more on the dow s&p than nasdaq. >> we like from a secular point of view it is a strong story.

and while we may be just back at 2000 levels at prices. one guy thought we would get there quite easily was professor jeremy siegel. he was on squawk box this morning. the guys were asking him whether we thought we would get to 20,000 this year coming on the dow. he says it is a slam dunk. take a listen. >> what about next year? you think if you were to give us a round number would it be -- >> anything could happen. >> 10%. >> you had a lot of conviction last year on 18,000. >> 20 you seem like a little wishy-washy. >> to fully valued. >> valuations. how easy can we rise from here? >> we can only rise from here if we get the earnings growth which we have seen it the last couple of quarters.

the last quarter we saw 9% earnings growth. i don't expect multiples to expand in 2015. we think the earnings growth will be there. certainly the tail wind of lower energy prices and an operating leverage on many companies we think will propel. >> it is more complicated than that. s&p capital iq. >> earnings are falling. we are getting down grades for the market overall. so certain parts of the market may do better than others. where would that leave the tops? >> the energy sector is clearly going to have a hard time producer profit growth. if we look at the economy as a whole the economy will probably have a really good year next year. depending how far the fed raises interest rates if bond yields stay moderate i think there is room for expansion.

usually the stock market gains when the economy is on par with what the fed was doing. is it possible the stock market disconnects from what the economy is doing and main street does better than wall street? >> i think that is possible. if we look at markets there is speculative excesses built up up. the unwinding of those could be a head wind for the market. if we look at the fundamentals they look very good to us. >> thank you. >> oil hitting new lows in the trading session. on the trading day. many sectors down just a fraction now.

same true of brent. brent is on track for the second weakest month since the 2008 global financial crisis. prices down 47% since june. how low is oil going to go? join the conversation. do you think it is going below $50. you can go to cnbc.com/vote to weigh in. joining us with his take is chief option strategist. welcome. good to see you again. >> good to see you, sue. >> do you think we will penetrate to the down side the $50 mark? >> i am a price action guy. i'm looking for the reaction to the new lows. we have been waiting for a push below 54. ten straight sessions. what is interesting here is you are not getting the free fall. so that may be telling me that the sellers are getting a little tired and you may lean on the 50 level as a level to buy. >> as you go into 2015 in general where do you think

prices are going to range? what kind of range are you looking for in the new year? >> there are a number of things i am also looking at. if you look at the dollar the dollar made new highs and is closing lower today. you are seeing key reversal there. if you also look at gold, gold under this dollar pressure hasn't broken. it is back to the $1,200 level. gold and crude tend to move somewhat in similar nature because of resource value there. i am looking for crude to find a base somewhere at these levels and looking for $70 or $75 as a mid point of sell off. once it broke the $90 mid point it was just look out below. >> as you look at the dollar there are those who say the run is getting a little bit tired, that the strength of the dollar against major currencies is starting to look weaker than it was before. would you agree with that or not? >> i don't want to call the top in the dollar just yet. that has been a fool's errand. if you look at reaction of gold

and crude they haven't had a continued sell off when the dollars continue to surge. i think you are seeing a little disconnect there and view that as a positive and i think some of the worst is over in the energy markets. look at chevron and exxon. they have come back. >> thanks so much. appreciate it. let's lock in the vote. is oil heading below $50 and the majority of you say yes, 57% of you compared to 43%. one of the major stories as we count down this year is the air asia situation. the airline confirming debris is from the plane carrying more than 160 passengers. >> reporter: now that it is official they have found wreckage, debris and bodies from this air asia flight they can figure out how to get the wreckage above the water and how to find black boxes. they will send divers down to a shadowy area and hoping divers will be able to recover first

the black boxes so they can figure out what happened to the plane and whether or not weather was a factor. they are looking for potential survivors. they will start tomorrow hoping maybe someone out there was able to hold on to debris someone who could have miraculously could have survived the crash. they have confirmed that it does not look good. family members learned about this news in the worst possible way watching live tv at the time when bodies were shown floating in the water and many of them broke out in uncontrollable tears and sobs and screams. they will be given a charter flight tomorrow by air asia flying around and given a chance to pray for their loved ones in the last known location of the flight. the search will resume again tomorrow and there is hope until there is none that they will find somebody alive. back to you. >> thank you very much. tech in 2015 spin offs and

splits that you can see from a number of big cap tech names next year. plus detoxing your portfolio in the new year. morgan brennan with the stocks that tend to pop and drop. >> forget going to the gym and quitting smoking and eating healthier. check out medical device makers. that is my new year's resolution for you. i will explain that and more when "power lunch" returns. my 2015 wish for housing is better consumer confidence. when buyers feel better about their station in life they buy homes. ese ally bank ira cds really do sound like a sure thing but i'm a bit skeptical of sure things. why's that? look what daddy's got... ahhhhhhhhhh!!!!! growth you can count on from the bank where no branches equals great rates.

happy birthday to the king. lebron james turns 30 today in his 12th season in the nba james won two championships and scored more than 23,000 points. off the court james is the sixth highest paid nba player with earnings of $72 million. he leads the league in sneaker sales for nike at $300 million and has the top selling nba jersey. some of his biggest endorsers include nike mcdonald's, kia, coca-cola and samsung. as for the schedule the cavs play tonight in atlanta against the hawks. in the meantime for the rest of us some of us say we will eat healthier in the new year some say we workout more often.

only one day left to finalize those new year's resolutions. morgan brennan is taking a look at stocks that best fit the new you in the new year. >> why stop at detoxing from all of the holiday partying. we found stocks to help detox your investment portfolio. we teamed up with our data partner and gone through ten years worth of data. and here is what we found. we found the stocks that tend to pop in the first two weeks of january and the stocks that tend to drop in the first two weeks of january. taking a look at the gainers. overwhelming across the board medical device makers tend to pop in the beginning of a new calendar year. names like stryker corporation. also edwards life sciences and zimmer holdings. both tend to increase 3% in the beginning of a new calendar year. other names like baxter and

medtronnic do well. these are going to be names, an industry to watch that as we get the republicans taking control of congress and the potential repeal of the medical device tax. those names will stay in focus. on the flip side the names that tend to drop in the beginning of a new calendar year retail names, names like game stop. both of those tend to lose about 3% in the first two weeks of january. also names like the gap and kohl's. a lot is tied to holiday sales and earnings coming out. if you have a strong holiday season you see stocks run up. when we get the read and the numbers on the data tends to come down. also telecom tends to sell off in january. names like century link at&t verizon, frontier. these are stocks to check out if you are making you new year's resolutions for your investment

portfolio. coming up this year silicon valley saw a lot of headline making plans for spinoffs. the question is who is next. josh lipten is in san jose scoutic out the next headline. >> tech giants need to reinvent themselves if they want to stay relevant and profitable. hewlett-packard, e bay announcing big plans for major splits of companies. ibm paid 1.5 billion. what spinouts could happen next year? one possibility microsoft. the ceo is committed to gaining but some analysts say spinning out that unit could make strategic sense for the company. >> i think going forward specifically in 2015 you can see x box spun off as it really becomes a nonstrategic area for

microsoft as they have more success on windows 10, cloud mobile and away from pc. >> estimates that microsoft still does lose money on x box though he notes that can vary depending on release of new games. microsoft declining to comment here. another tech company that could make big changes in 2015 is ibm. big blue is transitioning out of hardware and into the cloud, data anletics and mobility. analysts think ibm can sell semi conductor manufacturing research arm worth billions according to patrick morehead. this year ibm stock is down some 14%. analysts say ibm needs to shake up the structure and generate more value for shareholders. >> as we head into the new year we are continuing to break out

the 2015 play book. a good holiday season for retail. what is ahead for next year. i'm certainly not miss cleo but i have thoughts about what might happen. there are economists who think over the next 25 years if we move away from income taxes and towards taxing consumption and energy we can help the environment, help our budget and help encourage economic growth. tax on carbon would mean companies pay for the amount of emissions they produce and means ordinary americans pay for the amount of energy they consume.

allin just a minute courtney reagan lays out her predictions for real estate. let's see how she faired with her picks for the new year. courtney predicted what we would see in terms of activist investors in teen retail. she was right with mike jeffreys getting pushed out earlier this month. american eagle ousted its ceo. courtney said mall operators and investors would take a hit. she is half right there. traffic at malls continue to fall but the reits that own them have seen their shares soar. courtney predicted more shoppers

and retailers would turn to outlet malls. it looks like she was right there, as well. so what is courtney predicted for 2015? here is a look. >> retail saw a lot of changes in 2014. and the head lines won't end when the calendar flips to 2015. here are three predictions for next year. first, sears stays for now. while sears won't see a resurgeance it will be in business in 2015 though 2016 could be a different story. majority shareholder and ceo is undertaking various financial engineering exercises to squeeze out all of the retailers valuable assets while neglecting the retail business itself. he will come out the biggest financial winner in the end anyway. second c-suites will stay empty.

more vacancies will crop out. online shopping mobile and fast fashion have changed how we shop and where we do it finding ceo caliber candidates with fresh strategies and a knowledge in tech will continue to be a difficult task. the rise of the cmo. as targeted marketing and personalized shopping offers grow in importance so too, will the role of chief marketing officer. while previously a position that was more of an after thought in 2015 the cmo will secure a seat at the head table. >> courtney is with me now with a couple of retail predictions. let's focus on the ceos. i think the cmo is also a fascinating story. the ceos a couple of teen retailers that you pointed out that really had trouble in the corner office. what are they going to do?

are there any likely candidates there yet? >> teen retail is probably a really hard space. now you add in the influence of technology and everything changes from how they shop to how they see it to what they think is cool. now he is finally gone but many think he did a decent amount of damage to the brand. it will be hard for someone to come in there and turn around. >> american eagle has had an interim ceo for many months now. i'm not sure where they are looking in their search. it is hard to find candidates who have the right mix, technology that can keep up with today's teen. >> i know what that is about. >> down to you. gold and silver are looking interesting today. jackie deangelis has the details. >> seeing strength across the board. more than 1% bounce for gold

getting over the crucial mark. seeing silver copper and platinum up. a couple of things happening. first uncertainty in greece and larger eurozone bringing safe haven buying into play. we saw pictures of the protests in russia. that is bringing buyers into the table here. short covering coming out of asia. last minute window dressing, as well. you have a little bit of a weaker dollar against a basket of currencies helping to traders saying this is probably a short-lived rally. back to you. we are down 51 points on the dow. let's get a market flash from dominic chu. >> let's keep on that gold theme. the miners are following gold prices even as the post of modest losses. the 4% gain today. barrick gold so again very big strength or a lot of strength

for gold miners. back over to you. >> let's have a look at where we are on the bond markets. just pick up the argument. last week we were at 2.3% on the ten year. we have fallen substantially in just three trading sessions. we lost 12 basis points. you must bear in mind that this is holiday thin trade. you could see a rebound on that ten-year note as the volume picks up as we head into the new year. the big event on the horizon fed minutes one week from tomorrow. that is your bond report this tuesday afternoon. thank you so much. appreciate it. cnbc's million dollar home competition is back. this time with a little twist. we are blowing the roof off and showing you the most expensive houses we could get into. stay tuned to vote which home is the best bang for your

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one of the big nasdaq drivers we spoke about was keurig green mountain and 34,000% gain since index peak. the stock was down today after analyst pointed out a drop in sales growth. concerned about the latest data which shows growth of 15%. he called it the lowest growth in recent memory. keurig shares hit an all-time high but are down 10% since then. keurig higher over the last years you probably aren't going to feel the latest pullback. let's have a look at where we are in the markets. dow lost 18,000. three major u.s. averages having the biggest one-day drop in two weeks. utilities, that sector down a clear 2%. bob pisani has more. >> i want to pick up my theme on the top of the hour. on a day where it doesn't seem much going on professionals seem to be buying regional banks and

metal stocks. in the regional banks if you look at the kre, the etf for regional banks the highest level since april. modest accumulation. look at pnc, a large regional bank trading about 13 times forward earnings. quietly in the last couple of weeks the stocks have moved up almost every day. 13 times forward earnings not cheap but not expensive. key corp one of the big northeast regional banks. slow accumulation on these. 13 times forward earnings not cheap but not very expensive looking forward into 2015. bb&t. same situation. on days when there is nothing going on you get modest moves up day after day and suddenly you have a trend going on.

investors are buying these on the hopes that interest rates will move up and yield curve will steepen. that is obviously what is going on right now. the other sector to watch is metals stocks. good examples, free port mcmoran. it started turning around. almost every single day you get these quiet increases. somebody kept buying them every day and suddenly somebody wakes up and says why are people accumulating stocks. some are simply oversold. if you pleev the bottom will fall out my heavens don't go anywhere near the metal stocks regardless of what the prices are. if you think the bottom is not

going to fall out i think an argument that they oversold. new numbers out on the housing market. diana olick has details on that. >> we have the latest read on home prices from s&p case schiller. these are from october. top ten and top 20 cities in the u.s. gained 4.4% and 4.5% respectivity from a year ago. that is the 11th straight months where gains got smaller. baic to where prices are in the fall of 2004 still down from the peak of the housing boom. taking things local. san francisco, miami and dallas are seeing the biggest home price gains. phoenix, chicago and new york seeing the smallest. this morning on squawk on the street robert shiller said home sales numbers are troubling him a bit. he said he considers the housing market to be, quote, fragile. >> thank you very much. cnbc's popular million dollar home competition is back.

this time with a twist. this time we are blowing the roof off of the $1 million price range and will show you the most expensive houses we could get into. these mega mansions are battling to see which is the best bang for your buck. last round's winner was the southern belle. she takes on a new challenger now, the party pad. go to cnbc.com/vote and cast your vote for your favorite home. the winner you select moves on to the next round and the loser is eliminated. here is the next million dollar matchup. >> this elegant five acre estate offers true southern hospitality. make a grand entrance up the three story stareicose and mosey across 22,000 square feet adorned in details. boasting six bedrooms eight baths, library, gourmet kitchen and wine cellar.

the custom built fire places look like the ones in the white house. my word. outside verandas provide sprawling views of tennis court and swimming pool. this can be yours for $16300000. this mid century mega home. sprawling atop a secluded acre with swimming pool and tennis court. over 7,700 square feet including five bedrooms, 6.5 bathrooms and a luxurious master suite with fire place and spa-like bath. the open floor plan is perfect for socializing and the glass walls allow a seamless transition from indoors to outdoors. the perfect party pad.

yours for $16500000. >> which home is the best bang for your buck? vote now. let's bring back real estate super broker. what don't we start with where the homes are located. they say it is always location location, location. the southern belle? >> nashville, tennessee. >> and the party pad? >> beverly hills. >> it looks like a fabulous home. >> those are two completely different markets. beverly hills is very pricey. >> they are both the same price. >> they are both the same price. >> one is 16.3. one is 16.5. they are not so different. it's only the location. >> the square footage of the southern belle. >> 22,000 square feet.

>> an asset or a liability? >> it is a lot to keep up. >> in my general opinion i would say it is a liability in my general opinion. on this particular house it is so special and so beautiful it may be an asset. >> just the detail on it the crown moulding panelling, the attention to detail in that home. >> it is just spectacular. >> and the volume. those rooms have such great proportion. >> quickly on the party pad. it's much less in terms of square footage. however, that location can't be beat. >> over 7,000 feet. >> it is big. >> definitely big. >> a little over an acre. probably the only slight negative. close location there sold for $70 million. last week. this is only 16.5 million. where is the best bang for your buck? >> the viewers have weighed in. basically you have chosen the southern belle by 53% but 47%

voted for the party pad. it was a little closer than i thought it would be. >> me too. >> southern belle moves on and wins this round. >> visually it is tough to beat that house. >> it is beautiful. >> it is spectacular. >> we will see -- you are going to be on the "closing bell" announcing the final winner for us thi viewers will choose. >> simon down to you. ahead on the show, she went nuts over the nuts she was served on a korean air flight. she was ultimately arrested. the latest details on this bizarre story next.

approving the arrest warrant of a former korean air executive and daughter of korean air's chairman after she paraded a flight attendant for serving her

macadamia nuts in a bag rather than a plate. she said only i'm sorry. let's get back to the markets with today's losses the nasdaq is the break even for december. still only 5% away from its all-time high. morgan brennan has more at the nasdaq. that is a huge milestone if we can get it. >> it certainly is. don't expect it today. the nasdaq is moving lower. we are down about 32 points to 4,774 down about 0.7% right now. this is on relatively light volume because of the holiday. we are on track for a 14 plus percent gain this year. that's trumped only by one other index, the nasdaq up about 19% for the year. taking a look both tech and health care have outperformed this year. two of the top three sectors in the s&p in terms of industries. semi conducters have had a big

run in 2014. the stocks is up 30% led by sky works solutions and micron. bio tech done even better. the ibb topped about 35% for the year. all the large cap bio tech names down by double digit percentages. the biggest movers here juno therapeutics. and a mover to the upside, american realty capital gaining about 6% after activist fund management disclosed a stake in the real estate investment trust. taking one last look at the nasdaq down about 0.7%. back to you. thanks very much. if you were watching this program about six weeks ago you probably remember that heart pounding rescue of the two window washers from the side of the freedom tower in new york city. up next in our game changers series is an entrepreneur who is

using drones to make cleaning skyscrapers safe. >> reporter: on november 14 the country watched as two window washers had to be rescued from the side of one world trade. two days later in houston window washers stuck again, caught in terrible danger. a familiar story to mick lang ceo and inventor of sky pro. >> i have been in the window cleaning business for over 20 years. people were getting hurt. i started looking for something else besides just doing it by hand. >> inspiration came from a car wash. >> thought if we can put the car wash on the building that's what we need. >> reporter: after several prototypes lang discovered a way to overcome his main obstacle. >> they are pushing force to make the brush hold against the building. >> the finished product keeps the building clean and workers safe. >> we have a wireless remote that brings it up and down and

can turn on the water and turn on the brush. no one ever goes over the side of the building. >> ingenious really. since the incident at one world trade there have been at least four other accidents where window washers were in danger due to malfunctional equipment. he tells us most sales have been overseas and hopes to raise funds to pursue expansion in the u.s. why didn't we think of that? >> ingenious. that is how people become billionaires. >> good for him. >> absolutely. a slow down at the west coast ports is costing many companies millions of dollars and isn't getting better. that story is straight ahead on "power lunch." the head lines you may have missed in this hour of power. we are back in two. my 2015 wish is make further progress on peace on earth and

good will to men. we have tribal things. we have religious fights and we have battles going on and people being hurt. let's see if we can't build a more peaceful world in 2015. you're looking for a loan? how's your credit? i know i have an 810 fico score, thanks to the tools and help on experian.com. and your big idea is hot dogs shaped like hamburgers? nope. hamburgers shaped like hot dogs. that's not really in our wheelhouse... you don't put it in a wheelhouse. you put it in your mouth. get your credit swagger on. become a member of experian credit tracker and find out your fico score powered by experian. fico scores are used in 90% of credit decisions. in my world, wall isn't a street... return on investment isn't the only return i'm looking forward to. for some every dollar is earned with sweat, sacrifice, courage. which is why usaa is honored to help our members with everything

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in this hour brent crude bouncing off session lows and nearly turning positive as many traders buy in to thinking the slide may be over. yamana gold after prices road about 1.5%. and keurig seeing a sell off after concern over disappointing data which appears to show keurig sales growth of just 15%. there is a slow down at the west coast ports and it is costing companies millions of dollars and it is only getting worse. jane wells is live at the port of los angeles with that story straight ahead. that is not me but we are at the port. the management here says that productivity is down by about half which means it could get worse. we are going to talk about losers and winners when we come back. first what is ahead on "street

signs." >> we are breaking out our trusty old crystal balls and heading to final trading hours of the year to tell you what is in store for 2015 for your money. food for thought about why so many people are going broke these days. we will tell you why this week may be the best week of the entire year to hit the car lots. a huge hour ahead. "power lunch" is back after the short break.

the problems at the port of los angeles are getting worse and costing companies millions of dollars. jane wells is live at the port of l.a. >> reporter: the national retail federation says that it appears negotiations between management here and the dock workers have come to a screeching halt. federal mediateers tell us they are talking to both sides. what has happened here according to pacific maritime association says productivity is down 40% to 60%. it blames dock workers for congestion. dock workers blame management for not having enough equipment. too many ships overwhelming ports. stuck in the middle retailers.

>> it is a traditional bed with contemporary touches. >> a veteran furniture designer collaborating with actress jane seymour. >> just the last show that none of our samples made it because it got stuck in port. and it was a pretty big blow to our business. >> cibc says winners in this ocanada. providing an opportunity for canadian rails and ports to gain market share. the retail federation says mcdonald's may have to fly idaho potatoes to japan for them to have french fries because they may run out. later something different, jane seymour explains her

merchandising empire and how dr. quin ended up in a "breaking bad" spoof. i want to mention that the market is falling here. we are down now 73 points on the dow. another afternoon where we faded to get traction. >> that does it for us. "street signs" starts now. ♪ after being slammed the past few weeks something interesting is happening with oil stocks. hello and welcome. we will tell you what that is and why it might matter ahead. new year stock picks for you. predictions 2015 and what we got