look a whole lot different. you know dot.com or even dot.edu or what about dot.shoes or dot.new york? it's biggest land rush in the history of the internet. we're going the hear from the organization in charge of it all. lori: and it is probably an image the denver broncos and their fans would like to get out of their heads, but it's our guest's job to capture it all. jonathan klein with the best images from the seattle sea huge's historic super bowl win and how the photo agency is repping for the to limb -- prepping for the olympics. let's get to the markets. stocks extending their multiweek rout today. nicole petallides, kicking off a new month, but we are seeing the same old selling. >> reporter: right. the same trend that we've been seeing for 2014 thus far, as a matter of fact, january was a really tough month. we'll get to the whole big

picture in a moment. let's take a look at what we're seeing right now, the dow jones industrials down 220 points, that's a loss of about 1.5%. the nasdaq composite down nearly 2% at 4025 and the s&p 500 in that pullback load that we were talking about, and january 15th was all-time high for the s&p at 1848 and change. so right now 1754 would mark a 5% pullback, and people are wondering whether this is an entry point, do you wait and see? friday is the jobs report, traders talking about the fact that the last jobs report was so weak, so that's something that also weighs on traders' minds. january was a tough month, we saw the biggest point drop this history of nearly 900 points, and here's a look at the volatility index. it's right now up 7.7%. shows our fear gauge. back to you. lori: okay, nicole. thank you. adam: and the weak data started overseas, the official reading on china's manufacturing sector

showed it slip today a six month low in january. the report was in line with expectations, but it heightens concerns about china's economic slowdown. that news weighing down asian marketses, especially japan's nikkei. the index is now this correction territory, down 10% from its recent high hit december 30th. lori: fresh warnings, oh, no, on debt ceiling. treasury secretary jack lew says the government should start defaulting very soon after hitting the debt limit later this month, but when it comes to making budget changes, lew didn't seem all that concerned. >> i'm not sure this is the year for the long-term fiscal challenge to be dealt with. i actually believe that we've made so much progress in the short and medium term, we have a little time to teal with the longer term -- to deal with the longer term. lori: house republicans want tt make raising the debt ceiling conditional, but there are no details. adam: right. still no deal between joseph a. bank and men's warehouse, rejecting the latest bid from

its rivals saying it still undervalues the company. men's wearhouse says it could raise its offer, and joseph a. bank says the company is in talks to buy eddie bauer. no deal imminent as of yet. hover hour first of the month or at least the first workday of the month, you know what that means, auto sales. january sales are out, things looking a whole -- well, let's say they're looking bitter. i thought that said better. bitter for the month of january with big storms across the u.s. really the automakers. send it down to jeff flock in illinois with all the nebs. >> reporter: >> reporter: bitterly cold weather in the mid and storms in the southeast, so not that great either. we're behind the wheel with our old friend woody who has just opened a brand new dealership here in naperville. take a look at the best and the

worst of this month. we're on the back lot of the dealership now. hey, woody. take a look at who won and who lost. chrysler is a big winner, up 8%. vw down 19%, so not so hot. kind of a messy january. take a look at trucks. we are in a, what are we in, a gmc sierra? >> the all-new 2014 gms sierra. >> take a look at the numbers on trucks. good for the ram, not so good for everybody else. this weather really hurt everybody, right? >> it hurt most, but you know what? i've got to speak for myself. we survived through it, and we're anxious to tackle the next storm that's on its way. our sales were up 13%. >> maybe, this is your back lot, and look at all the snow on the cars. you've had to, like, plow snow and dig cars out for the last two months. >> oh, we've been digging, and we've got a big snow coming in the next 4 hours, but our -- 4

hours. we've got quite a bit of acreage here, so we've got some room to move it. >> reporter: go ahead and stop the vehicle if you can, because i just want to show people what it looks like real quick, and then we're out of time. oh, how do i get out of here? oh, man, how do i get out of the vehicle? bob will get out. oh, you got me, oh, beautiful. that's the new sierra, and this is the back lot. this is what it looks like on the back lot of a dealership. i leave you with the stock boards of gm and ford both down this month, but the eternal optimist is woody. >> yes, sir. we're going to rock and roll. can't wait. >> reporter: okay, beautiful. we're walking through snow out here, we're having a great time in naperville. back to you. lori: thank you. yes, you see those auto stocks being dragged down, also part of the problem. adam: the worldwide web is about to get a whole lot bigger. sweeping new changes are coming to the way you use the internet. in fact, our next guest calls it the biggest change in the history of the internet, and he

would know. cyrus nemazzi is the vice president of industry engagement, the organization in charge of registering new web domains. thank you for joining us on fox business "markets now," sir. >> thanks for having me, adam. adam: all of us are familiar with whatever.come, whatever donald edu, whatever.gov. but on wednesday for $185,000, businesses, hedge funds, all kinds of people have been registering, what would you call these? these are top-level ptomaines, but -- domains, but how would you describe this? those letters that actually come after the dot. there has been an artificial limit to the number of these of 22 of them that have been set for many years. the internet community came together eight years ago and decided that we wanted to expand that limit up to an unknown number. as a result of it, the program for new top-level domains was

designed, implemented, policies put this place, and now we actually see the effects of it by having an additional 125 of these new top-level domains. adam: starting on wednesday. so, for instance, let's say bmw. in the old days i would go to bmw.com. in the future i'll go to, what, bmw at any time bmw? -- bmw.bmw? >> depending on your interests. the you'd like to buy something bmw, they could have a reference to it. it could actually insure and enable you as a user that the web site that you're going to actually does belong to bmw and does actually have the programs, the material that they want you to see and be able to use. adam: well, for instance, in the case of bmw, what if a hedge fund had purchased the .bmw before bmw, would they not control access to that domain, and then how would i as the consumer though that i was

really in the hands of bmw and not some hedge fund? >> >> well, the program actually was designed with the protection of trademarks and intellectual property in mind. various members of the community that have background and knowledge about trademarks participated in putting in the right safeguards in lace so that this wouldn't -- in place so this wouldn't happen. ad o. adam: so there's no squatting on a domain name, or are hay going to have to fight in trademark court to defend their businesses? >> abuses will always exist in any program of any size, particularly one in this, of this magnitude. but the program has been designed to actually provide much added protection for trademark owners whether it could be defensive in terms of being able to register for a domain name that would actually belong to that trademark owner, or if afterwards if somebody else signs up for a domain name that does not belong to them,

there's a mechanism for rapid takedown of that name and inactivating it. adam: so for the people watching as users of the internet and potential investors, what's the change that we'll notice, or will it just be no big change for us? >> i think change is going to come in phases. the references to the things to the letters that come after the dot have become to take on a generic meaning to them. dot.net, dot.com, they don't have many meanings. now you actually have municipalities like new york city coming in, actually owning the dot.nyc domain names, putting in programs for their citizens, their tourests. you have the city of london, the city of paris, many her to follow. we also have as a part of the program enabled the use of non-latin scripts in the addressing of the internet, something that didn't exist before and was an impediment in the usage of the -- adam: so you could have the actual domain name in arabic or

chinese, right? >> in arabic or chinese, 11 additional scripts. this is going to proliferate the usage of the internet around the world. adam: i wish we had more time to talk about it, because it is exciting. cyrus, thank you so much for joining us. >> thanks for having me, adam. thank you. lori: well, parts of the east coast are getting hit with a snowstorm today. california continues to deal with a major drought that has farmers looking to the unemployment line. fox news' william la jeunesse is in los angeles with more, and how is this drought worse than others in california? >> reporter: well, you know, the problem right now is we have more users than there is water. this is the driest year on record. morally about 15 inches, we've gotten 3. so water levels rain down about 80%. snow pack, hich is huge, which the state gets most of its water, that's down 88%. and reservoirs because there's a three-year drought, they're now

only one-third full. that's the problem. what does it mean? drinking water for 17 communities, that is in danger of running out in about two to three months, but the biggest problem is agriculture. unemployment right now about 34% in the central valley, that could go over 50%. the problem is the farmers are not getting allocations, maybe 5% from their irrigation district but zero from the state. that means they won't be able to plant those row crops. that means they're going to try to save some of their fruit trees, of course, a lot of sun costs, big investment there, kind of irreplaceable, saving those. but the bottom line it means shortages later in the spring and summer when you are not going to have the tomatoes, the wrongly, all of the 400 crops that come out of central valley. that's america's salad bowl right now is looking more like a dust bowl. lori? hr. hover it's wonderful weather to play in especially sitting here in the northeast, but it is a crisis that you're describing. so let me can ask you this, other than mother nature, what

else can californians do? >> reporter: well, some claim it's a manmade crisis, and that's not entirely accurate. we need rain of biblical proportions, you know? our -- ark kind of variety. but here's the issue, there is something called the delta snow. it's a three-inch fish be, it lives in the san francisco bay area. there's a lot of water that comes out of the mountain, and that water is being flushed into the san francisco bay. there are some pumps that kill the delta smelt. right now environmental rules protect that fish. republicans want to turn on the pumps, kill some fish and also they some restoration projects. democrats say, no, but they're going to unveil their plan this week. point is there's probably about a billion gallons a year that could go to farmers that now is going to fish. that's the fight. back to you. lori: oh, no many. save the fish or the farmers? that's not going to go over very well for either side. thank you for that, william la jeunesse. so this year's dismal stock market performance forcing investors to rethink their

strategy. bonds have their best start surprising a lot of folks, in fact, since 2008. adam: and you may have watched the super bowl last night, but we promise not like this. we go behind the camera lens. our exclusive images with getty interview's ceo jonathan klein is coming up. lori: and the wet snow is just one of three storms forecast for this week. boy, california could use some of this weather. share the wealth, i guess, right? the triple weather threat just ahead. ♪ ♪ [ park sounds, sound of spray paint ]

♪ we asked people a question, how much money do you think you'll need when you retire? $500,000. maybe half-million. say million dollars. [ dan ] thehen we gave ch person a ribbon to show how ma years that aunt might last. ♪ i was trying to like ull it a littlfurther. you know, i was trying to stretch it a little bit more. [ woman ] got me to 70 years old. i'm going to have to rethink this thing. [ man ] i looked around t everody else and i was like, "are you kidding me?" [ dan ] it's just human nature to focus on the here and now. so it's hard to imagine h much we'll need for a retirement that could last 30 yearor more.

smaybe we need to approach things differently, if we want to be ready for a longer retirement. ♪ ♪ adam: stocks are deep in the red starg this week. the dow just 30 points off the session low, down now 235 points. nicole petallides is on the floor of the new york stock exchange. you're watching telecom giants, what have you got for us? >> reporter: i'm looking at at&t, verizon and t-mobile here. at&t down 3.5% and they, obviously, are rivals, they have fierce competition battles between them, trying to offer better deals, and at&t is the latest trying to cut its prices on family plans which is verizon's specialty, you know,

t-mobile not too long ago, the last several quarters, has been offering $650 to customers who get out of their contracts with the other guys. so it does heat up, and at&t with a new price plan. back to you. adam: thank you, nicole. lori: these sharp declines today in the stock market, they have investors fleeing to the safety of treasuries. january proved to be the best month, in fact, for u.s. bonds since 2008 while the dow saw its worst performance since 2009. so as stocks sell off, again, people flocking into the ten-year. there's a look at the yield, so price goes up, yield pushes down. so right now we're off four basis points, 2.61% on the bench mark ten-year. so what's ahead for us? for that let's turn to the chief income strategist for janney montgomery scot. guy, it's always great to have you, and let's just start here. 2014 was the year to get out of your bond position, right? the economy was supposedly improving, things were coming along, so shift out of the securities stuff, the safe

substitute, and take on some more risk. higher risk profile. what changed? >> well, we looked at kind of 2014 heading into the first days of the year as year of the consensus. everybody was onboard about fairly negative bond call, fairly positive equity call. and so to some tree, there was nobody -- degree, there was nobody left to sell. but the bigger issue is fundamental in my view, and it's kind of twofold. number one, the economic data has come out consistently worse than expected over the course of the last four weeks or so. but one of the surprise indices for the first time has declined sharply in several years. another factor is the stresses in the emerging market. and as those stresses grow, capital is flowing out of emerging markets and into the lower risk investment, predominantly u.s. treasuries. lori: all right, how does that all filter through, and give us your forecast, i guess, for interest rates. we see a 3% again on the ten-year yield? >> well, i'm very confident that

we'll see 3% again this year because the issues that have emerged don't strike me as particularly long term in nature. the underlying issue, which i talked about, they don't seem to be that deep-seeded. dare i say as we look at the snow, they look weather related. emerging markets are relatively small overall, so a little bit of flows in and out of emerging markets can make a big difference. it's unlikely to make a big, long-term difference here in the u.s., so -- lori: do you expect those outflows of of emerging markets to be capped at a certain point? are they overdone yet? >> no, i don't think they're overdone at all. if you take x china over the last ten years, some of the larger emerging markets have seen about a trillion and a quarter of inflows, and we've only seen ballpark about 50 billion of those funds come out of the sector. until we see firms that are active hi divesting from businesses in the emerging markets, these capital flows have really just begun.

lori: oh, boy. that's unsettling. let's bring it back home here. if the economy isn't as solid as perhaps we thought heading into the new year, what do you think in terms of gdp? obviously, we have a big jobs report coming out at the end of the week. how does this one sort out, and how will the markets react? >> i want to choose my words carefully here which is to say the u.s. economy shows no signs of actively slowing down, it's just not accelerating to meet the expectations that many forecasters have sort of pushed. and if you take a look at the fourth quarter gdp numbers, a good portion was inventory related. that might not flow through in the first and second quarters of this year. so it's really that optimism has gotten far ahead of economic reality, and that's something that's happened several times over the course of the last few years. our forecast for gdp are in the low to mid 2% range for the bulk of 2014. lori: guy, always appreciate your outlook. thank you. >> my pleasure, lori. thanks. adam: and a news alert for you,

janet yellen was officially sworn in as chair of the federal reserve. yellen, who was confirmed by the senate last month, becomes the first woman to hold the position in the fed's 100-year history. she made no remarks and acknowledged the small crowd while she was sworn in by fed governor daniel trillion low. yellen takes the reins from former chairman ben bernanke who just announced he will join the brookings institution. lori: epic night out, dorito's time machine, the super bowl ads that are generating all the buzz. adam: and if only the super bowl was the hours later -- 12 hours later, might have been a more exciting game. still to come, the triple weather threat that could dump snow on more than half the♪ ♪ ♪

images from the seattle [ cellphone rings ] hello? [ male announcer ] over 12,000 financial advisors. good, good. good over $700 billion dollars in assets under care. let me just put this away. [ male announcer ] how did edward jes get so big? could you teach kids that trick? [ male announcer ] by not acting that way. ok, st quarter... [ male announcer ] it's how edward jones makes sense of investing ♪

>> at 25 minutes past the hour, i'm lauren green with your fox news minute. president obama plans to visit saudi arabia next month. the white house says the president will meet with king abdullah to discuss security issues this the middle east. it will be his first visit to the country since 2009. a deadly school shooting in russia's capital, a tenth grade

student armed with two rifles killing his geography teacher and a policeman before being taken into custody. investigators say the boy's father played a key role in helping to free students being held as hostage, and this comes as the country is on high alert ahead of the coach chi winter -- sochi winter olympic games. and in ellison mandela left behind about $4.1 million. executors of his will say beneficiaries include his family, schools he attended and the african national congress which was the liberation movement during white rule. the anti-apartheid leader died in december at age 95. and those are your news headlines on the fox business network. now back to lori. lori: thank you, lauren. winter, far from over, folks. more than half the country could still get snow as storms pose a triple threat of winter weather. the east coast from boston to washington, d.c. is expected to get up to 8 inches of snow today, and then a second storm

developing in the rockies could dump up to 10 inches of snow from colorado to iowa tomorrow before moving east, and then you've got a third storm on its way expected later this week which could result in a nor'easter over the weekend. and these storms could mean serious issues at the airport. bad weather drove airlines to cancel 49,000 flights and delay another 300,000 in january costing passengers close to $2.5 billion in all. adam: but you could headache some money if you listen to charles payne. it's time to make money. this hour he is adding internet profits to your portfolio, and charles is looking at an online social platform in china, of all places. so what grabbed your attention? why? >> we got involved in yy last year, and to be quite frank with you, the numbers themselves are just absolutely phenomenal. they've got this unique platform where their focus, they did the gaming thing and it's big, you know, especially the live gaming and the big tournaments and all that, but also they have a music platform that's interesting, sort of like the andy warhol thing. it really is youtube, and it's

huge. the last quarter revenues for this thing were up 160%. their live gaming part was up 144%, and, you know, they just got into this nice strategic partnership with a company, is now they're putting the same platform across eastern, southern asia, thailand, malaysia, singapore. we'll get a chance to see what's happening there, and it's one of these things if china grew at 7% instead of 7.5 percent be, it wouldn't impact this particular business n. the meantime, execution's been phenomenal. my two fears, okay? china has been cracking down on the internet. i don't think they can stop it. i think the next revolution in china comes via the internet. and every now and then you get unknown chinese names can be targets to say, hey, the accounting is all messed up, so those would be my two sort of things that i would worry about. but the kind of growth they're experiencing is absolutely phenomenal. al.

adam: all right, charles payne, thank you very much. all the best to you. drawing your attention back to markets, transaction more selling on wall street -- there's more selling on wall street. very ugly, now down more than 1.5%. lori: a picture is worth a thousand words, but just how many dollars? getty images co-founder and ceo jonathan klein joins us next. he'll have an exclusionive look at the best -- exclusive look at best shots from last night's game. ♪ ♪ ♪ ♪ ♪ ♪ [ tires screech ] chewley's finds itself in a sticky situation today after recalling its new gum.

[ male announcer ] stick it to the market before you get stuck. get the most extensive charting wherever you are with the mobile trader app from td ameritrade. wherever you are with the mobile trader app they're the days to take care of business.. when possibilities become reality. with centurylink as your trusted partner, our visionary cloud infrastructure and global broadband network free you to focus on what matters. with custom communications solutions and responsive, dedicated support, wconstantly evolve to meet your needs. every day of the week. centurylink® your link to what's next.

adam: so the losses on wall street are picking up. we want to head back to the floor of the new york stock exchange and nicole petallides. we just hit fresh lows on the dow. bring us some good news, please. >> i will in a moment but let's break down what we're seeing here on wall street. you noted it is a tough day.

look at all three major averages, don't forget the month of january, that was a tough one. dow was down 5.3%. biggest drop in january in history. this one is starting off in a tough way. s&p pulled back phase, 5% off the all-time high which occurred in the middle of january the dow is seeing the occurrence of the third 100 point drop or more in a week. there is lot of selling going on. you want good news? pfizer, up 1.6%. new breast cancer drug is succeeding in the trials. that is good news for a dow component. adam: we're smiling again, nicole. lori: that is good news to highlight that. catching one of russell wilson's touchdown passes through a camera lens. to take us through the fast-paced world of photography in a fox business exclusive, jonathan klein, founder and ceo of getty images. great to meet you. >> good afternoon.

lori: let's suppose start your experience at the game. weather was in favor for everybody. you have a huge responsibility to capture the game. >> absolutely. lori: were you successful at it? >> we were very successful and the success comes through preparation. we had a team of 38 people, 14 of whom were photographers. cumulatively between them they covered 75 super bowls. it wasn't their first rodeo, and i didn't mean to use a -- adam: picture of you, actually. >> this is a photo of me with tom pennington. he was working. i was somewhat distracting him. but he still managed to get some fantastic images including -- that is a hell of a lens. 200-400. that is one of three cameras that he had. when they come a lot closer he has to change cameras to a different lens. he was working hard. adam: so people may not appreciate but what getty images does, there's a wonderful photo, we'll show a whole loop of photos getty images took during

this, peyton manning, after the game, the he showered in his suit, face says it all. coming up in two photos. 20 years from now, they do retrospective of peyton manning come to you to buy the photo because it sums up that game, doesn't it? >> absolutely. there are two parts. there are images we shoot in real time. we shot about 20,000 images and put 1500 images up. anything we shoot goes into the archive. regrettably for peyton manning, whenever they talk about disappointing post seasons or super bowl blowouts and denver being on wrong end of them, that picture will come up again. also, even though shows how sad he is, shows he is a classy guy. adam: absolutely. >> summed it up. adam: he is comeback story. she wasn't rooting for him. lori: i'm thrilled with seattle. seems like you took more pictures of seattle than denver? >> we didn't take more pictures of seattle, because we have our

headquarters in see at elf and the company is ex-a static. that is not the reason. the reason we took more pictures of seattle, that is because denver didn't turn up. i think denver manage ad touchdown very late in the game. lori: what would you say is the money shot? what is the shot that will sort of -- adam: pay the contract with the nfl? lori: yeah. capture the game, capture the story. adam: we'll talk about the olympics. >> more than a shot toopay for a contract with the nfl. i would say there's a terrific shot in the first 12 second, the first snap of the game. a shot of the ball coming by peyton manning's helmet and a shot of the safety where more renault, of the broncos falls on the ball. think that is classy one. percy harvey with very long, 87-yard return, which tom pennington took that shot. he almost missed him because i was distracting him. adam: sochi olympics, you have the contract for that. >> yes we do.

adam: friday morning will be opening ceremonies. >> that's right. adam: how big of an investment of manpower do you have going to russia. >> we have a lot of people. we have more than 60 people. we have over 100 for summer olympics. winter olympics is a little bit smaller. under our contract with the ioc and local organizing committee, we have to photograph every single event and every single medal winner. we have contracts with the sponsors and photograph exciting things like appliances and stuff like that. we're busy on both ends absolutely. >> how do you feel about the security situation? loot in the press about that and a lot of warnings already. >> yes. lori: already in volgograd bombings. >> terrorist attacks. lori: how do you feel as a boss responsible for all these employees. >> it is extremely difficult because a big part of our business is hard news and we've had bureaus in baghdad and pakistan and all over the world and you're typically associated sending a photographer into a conflict zone something you've got to be very concerned about.

this year there are two major sporting events and they are both in places with high security concerns. we're also official photographer for fifa for the world cup in brazil. in some ways we're even more worried about brazil. lori: interesting. >> so there is concern. we've taken lots of security measures. the budget is much higher than usual because oo that and, we're going to be vigilant and hope for the best. adam: you're the powerhouse for this. i want to ask youings look back 20 years, 1995. you used to do this with slides and individual photos. when did you make, hey, we can do all of this digitally? >> i founded the company in '95 and in '97 somebody says there was something called the internet. that might catch on. and we took the view very early that imagery lent itself to digitization in the internet more than pretty much anything else, frankly intellectual property overall. so we made a very early investment. we were the first company to put an image on the web and actual be paid for it. so by 2000, 2001, we were all

digital all the time. luckily the equipment to capture, the cameras became good enough. so it has been quite a journey. i remember the first investment we made starting the company was film processing. that shows you how far the world's changed. >> we're just about out of time, quickly your favorite picture from the super bowl? what is your personal fav. >> my personal favorite of russell wilson and pete carroll, one of the oldest coaches to win the super bowl. one of the youngest quarterbacks to win and, russell wilson is sort of hamming it up with a little with pete carroll and very, very happy. certainly carroll is happier than in the other great picture where russell wilson pours gatorade over him. lori: that is great shot. spectacular. thank you so much for coming in today. i know it was a busy day. adam: an american original. >> i can even talk about the super bowl. thanks. adam: thanks. >> thanks, adam and thanks, lori. adam: wall street's biggest

banks are not feeli chatty. charlie gasparino is here with exclusive detail who is banning traders from computer messaging services. >> putting puerto rico to the test. proposed bond sale with warnings from ratings agencies threatening to cut its rating to junk. welcome back. how is everything? there's nothing like being your own boss! and my customers are really liking your flat rate shipping. fedex one rate. really makes my life easier.

maybe a promotion is in order. good news. i got a new title. and a raise? management couldn't make that happen. [ male announcer ] introducing fedex one rate. simple, flat rate shipping with the reliability of fedex. [ male announcer ] introducing fedex one rate. does it end after you've expanded your business? after your company's gone public? and the capital's been invested? or wn your compan's bought another? is it over after you' given back? you never stop achieving. that's why, at barclays, our ambition is to always realize yours.

>> good afternoon, i'm sandra smith with your fox business brief. federal officials are planning to announce weather automakers should be required to equip new cars and light trucks with safety technology that enables vehicles to communicate with one another to prevent collisions. manufacturing grew at much slower pace last month according to ism index. overall factory activity fell to 51.3, its lowest level in eight months. that is down from december's 56.5 reading. u.s. construction spending rose by .1 of a percent in december to the highest level since march 2009. a jump in private residential bidding offset a drop in the public construction sector. more than 2/3 of the residential construction market comes from single family moments. that is the latest from tte fox business network, giving you the power to prosper.

adam: chat rooms are under fire at a lot of banks. charlie gasparino is joining us now with exclusive details on the latest bank to shut down one of the tools some of its employees use on a daily basis. why are they doing it? >> they're doing it over this bloomberg system but they're doing it because they're afraid of investigations. what they are worried about these chat rooms among traders that provides evidence for investigators, another form of email that they're going to go in and basically, you know, subpoena those chats and use it as evidence against the firms. we should point out just about every, many of the major banks have done this. jpmorgan has done it. deutsche bank has done it. we're reporting today exclusively on fox business is that barclays is the latest to do it, at least scale it back as a way to prevent people from getting themselves in trouble. is it a big story? to be honest with you, i didn't think they chatted that much on these things, i don't know. adam: emails. >> emails.

this is another way of doing it. we should point out that text messages and chats are now a favorite target of law enforcement. i know this doing is the richie incognito-jonathan martin story. i thought texts and chats are gone once you send them. that is not the case. you can get those. limit your communications about sensitive things. we should point out that the foreign exchange investigation going on the street right now, a lot of that involves these sort of chats that are going, that take place. adam: i hate to shift gears with you but we've got to address this selloff on the dow. what are you hearing from your sources? >> this is recalibration of the market. getting use to the effect there will be less quantitative easing janet yellen is the new chairwoman. she is bernanke on steroids. adam: she is all for qe. >> all for qe. there is point you press on a string it doesn't have much impact. it can skew things so badly, that it is not good for the

economy. we should point out that they have, there has been some decent economic figures. put all that together and markets sell off. i will say this. i talk to a lot of high-end brokers at major firms. adam: right. >> there is not a single one that i speak to, they think this year will be a tough one for the stock markets. does that mean you don't invest in anything? no. just, be selective. i mean what they tell you, i'm not going to give you this this is what they're telling me, dividend stocks and high dividend stocks and municipal bond. i know on this network. adam: i'm chuckling. >> on this network in particular it is like, it's a huge thing to say municipalities are going under. look at detroit, stay away from it. adam: some are going under. >> big government is destroying the muni bond market. i'm not an advocate of big government, i will tell you this, being an investor about this. you want to invest in puerto rico, puerto rico is screwed up. adam: you get nine to 10%.

>> you get nine to 10%. adam: but there is risk involved. >> you want to buy new york city gos, there is lower credit rating. adam: yield will be less. >> less than puerto rico. still going to be pretty good. triple tax-free. there is lot of high quality munis. financial advisors are telling their clients by, high quality munis. it is the place to go. adam: finding high quality munis where you, a lot of people get burned. >> yeah, they do. listen, the rating agencies screw up constantly. do a little research. by now, i just, i mean is the state of tennessee a bad investment? tough live in tennessee to get the triple tax-free. i don't think so. is the state of michigan a bad investment? >> you do better with nebraska. >> no. see here's the thing. if you look at counties surrounding detroit they're doing pretty well. adam: you chase yield. i'm risk-averse. lori: we're off 280 on the dow. >> that's why you have to be very careful of this market. lori: let's wrap this up so we

can go back down to the floor of the new york stock exchange to get a sense of what is driving the market lower. we know the fear, vix hit 20. not sure where it is right now. volatility is really coming into focus right now. risk off. bond are higher. keith bliss of cattone & company joins us from the floor of the exchange. keith. >> you're absolutely right, lori, the trade is setting up and happening precisely as you would think, all the fundamental measures would be interlinked. vix higher, s&p, dow lower, bond are rallying a little bit here. all the fears we have as the fed unwinds the quantity quantity. it is probably a little overdone. people are getting too fearful but they're all linked pretty well right now. we'll tell you where we stand on the s&p 500, we're three or four points away from our ultimate market bottom. i said s&p has been oversold since january 24th but if we get down to 1740, 1742, that

we should get a bid to the market. i don't think we'll get a 10% correction. may get a short term pop. lori: broad market average any other, big jobs report at the end of the week any other fundamentals, keith before we wrap up to keep my eye own? a little consolidation here or really we'll see a true pullback and beyond that a correction? >> yeah, absolutely. i don't think we're in the midst of the correction right now t will bounce. nothing ever goes straight down. nothing ever goes straight up. i think we'll catch a bid. it has gone down too far, too fast. it was oversold in our work january 24th that was eight days ago. now selling three or 4% beyond that. look for a bid inside the market. our mark on the neutral market is well above 1800. i'm not sure we'll competent there. we should trade up another 3, 4% before we know what is going un. all the issues in europe will play out next couple weeks an people will calm down. lori: a lot to work with.

keith bliss. adam: we're watching latest developments out of puerto rico. charlie talked about muni bonds. u.s. territory is trying to get ready for the officers sale since august and trying to prove to rating firms and markets that puerto rico is bolstering its finances. it is looking at a raise of $2 billion but it is unclear what type of debt puerto rico plans to issue. puerto rico's governor is unveiling a balanced budget for 2015, a year ahead of schedule. they didn't expect to have a balanced budget to 2016. they're trying to prove to the markets they're worth an investment. lori: speaking of the a quick note, the dow dropped below its 50 day moving average. that could be a big sell signal. we'll cover the market average and what it means for you and your portfolio. it is not just the seattle seahawks, from the super bowl. the other big winner. adam: lori's personal favorite. the audi's whacky.

lori: the doberman chihuahua. that was my fav. ♪ >> i never seen a breed like this. >> nor have i. >> i don't know what to make of it? >> it is unsettling. >> disturbing to look at it successfully. >> how did this dog get past regionals. hi, are we still on for tomorrow? tomorrow. quick look at the weather. nice day, beautiful tomorrow. tomorrow is full of promise. we can come ba tomorrrow and we promise to keep it that way. driven to preserve the environment, csx moves a ton of freight nearly 450 miles on one gallon of fuel. what a day. can't wait til tomorrow.

adam: the dow is just 10 points off its low but we're closing is 200 day moving average. the indicator is closely watched by followers of technical analysis as a long-term trend indicator. a close below this key level today could suggest a change of trend to the downside. lori: let's have some fun here. commercials generating much-needed excitement to the

seattle seahawks dominating 43-8 win in the super bowl. dennis kneale who with the ad who are -- >> we have chart of five best ads. ime t athf thousands ofe change, tech ad, not poking fun at other rivals on features. just feel good about technology's impact. you have bud wisewer puppy love. ain't that a cheap shot? of course a puppy will win. a couple other winners. couple other things were not talked about, the '80s radioshack ad, we want our '80s. really great itself parody. one of the more controversial or dumber ads, bob dylan coming out to endorse chrysler, with opening line what is more american than america? i'm thinking nothing. and the guy, not, mentioning the chrysler's owned by italian company. adam: bailed out by american taxpayers. >> the ad lori likes which i

thought was truly crey a distbing adam toberhihuua. >> theact i can watch these ads with my kids, they were all very family friendly. not creepy kisses or weird adult themes. >> godaddy, doing a change of personality, with a woman who quit her job to sell puppets. lori: thank you, dennis. adam: if you lost money on the super bowl, here's a way you may be able to recover it. a football ipo ahead, a taking on -- stock market is stacked against e le gurs, them. plus our all-star panel. tracy byrnes, ashley webster take you through the next hour of "markets now."

tracy: hey, happy monday, i'm tracy byrnes. ashley: i'm ashley webster. if you lost money on the super bowl, denver fans, here is a way you may be able to recover it.

a football ipo we have the ceo who is taking san francisco's vernon davis public. tracy: and, is the stock market stacked against the little guy? so just ahead we have your tweets and there are lots of them in response to that. plus of course our awl of it star panel. ashley: plus, how tired of you are this? more snow for the big cities of the east. we are live at the fox weather center with how it is backing up air traffic and the forecast, oh, yeah, more of the white stuff to come. tracy: you made such a great point that denver fans are stuck in the airport now. like double the torture. they're trying to get the hell out of here. why is gm's new female ceo is getting less than half the compensation than the outgoing ceo, ackerson. ashley: customer base are starting to disconnect. we'll have much more ahead on this very snowy edition of "markets now." tracy: the weather crap picks the market's crappy. we have have a big selloff is

going on. the dow is down over 200 points. nicole petallides on the floor of the. >> change. nicole, what are your guys saying? >> they're watching this market tumbling down nearly 270 points for the dow jones industrial average. a lot of eyes going forward on the jobs report on friday but, you do see the dow is down 1.7%. the nasdaq is down 2.6%. and the s&p 500 down 2%. there is all kinds of milestones happening here. we can take a look at the vix at the same time. but, we, where do i begin? the s&p is looking at a 5%, the pullback from its all-time highs that it set in the middle of january. the dow jones industrial average, watching the 200 day moving average very closely because if it closes below that, obviously that could be very telling. is that support? we're watching this level very carefully. or is there another leg down? the vix, the fear index, jumping today. back to you. ashley: certainly is. nicole, thank you very much.

well the seattle seahawks may be super bowl champs but fantix is looking to score its own touchdown by taking san francisco 49ers tight end vernon davis public. this is interesting idea. we have the cofounder and ceo and he joins us now. buck, thanks so much. fascinating story. explain how this works. if i'm potentially an investor what am i investing in? how do i get my returns? >> sure. so on thursday of this past week we opened up reservations for the initial public offering of vernon davis. how it works, we create ad security that is linked to a brand contract that we've signed with vernon davis that ultimately the value is derived by the cash flow that is vernon davis gets from his nfl playing contracts current and future, endorse as well as post-career if he should become a broadcaster or what have. >> there are some questions but how do you take, how do you take

a gamble like that? look what happened with tiger woods and all his sponsors dropped him because he made a pretty grave mistake and went out and got a little loonie. this guy could do the same thing arian foster could get hurt. how do i know these guys could get hurt and therefore lose my investment? >> those are absolutely risks as you point out but at the end of the day you have to look at a long-term value of the brand an continued potential to generate income even though it suffered things as injury or ultimately a embarrassing situation as the tiger woods example. it is really looking at the long-term cash flow opportunities associated with the brand, which we laid out in the prospectus. our gross forecast for the vernon davis brand on his own, without us adding value is around 61 million and when you discount that back, using discounted cash flow analysis that is how we derive the

40 million-dollars valuation that is part of his contract. ashley: buck, it is interesting, you last fall were hoping to launch a similar endeavor with houston texans running back arian foster. he was put on injured reserve which i guess highlights the dangers involved in something like this when dealing with a professional athlete. do you have a lot of other athletes lined up to perhaps take part in something like this? >> i can't talk about who we are or aren't working with. our goal is absolutely to sign additional athletes as well as to enter the entertainment space over time. tracy: why would vernon davis want to do this? i mean, does he need, he doesn't need the money. so what does he get out of this at the end? >> so vernon is working with us because he believes that we can help take his brand to the next level. that by partnering with fantex the opportunity to craft and

shape a brand that has post-career potential is ultimately what his goal is. he sees us helping facilitate that. ashley: what about dividends and thinks like that, is that something you would consider, buck? >> absolutely. we intend to pay dividend that we see that the payment of a dividend ultimately is helping build the brand by creating and actually connecting that cash flow stream with investors. tracyy how much interest have you seen thus far in vernon davis? >> we have seen a tremendous amount of interest in what we're doing and in specifically, you know, vernon davis's brand. he is multidimensional individual. he is not just a pro bowl tight end with the san francisco 49ers and so we believe those attributes are something we can build on for the long term. ashley: also noticed, and i'm sure this helps your cause, as jack nicklaus has been joining the advisory board of the company. how did he get involved? >> yeah. now it is wonderful to have jack

working with us, you know. he looked at this opportunity when we met with him and saw it specifically as something that he would like to have had earlier in his career. and ultimately what better advisor for the company than, you know a legendary golfer who is one of the biggest global brand in the world today. ashley: yeah. tracy: okay. i know like, vernon's involved with jamba juice and things like that. i get a piece of all the money, if i'm an investor with vernon davis i get a piece of all the money he makes from that stuff and all the endorsements he signs in the future. is that ad infinitum foot our or 10-year lifespan that anything he does after 10 years goes into his own pocket? >> no. it is perpetuity as defined in the contract. not his current nfl contract but future nfl contract, endorsements, appearance fees. post-career associated with his brand is included in the contract.

at the end of the day, the contract is one in perpetuity. so if his brand continues to generate income as defined in the contract we have in him then it will be, that cash flow streams will be part of it. ashley: fascinating stuff. buck french. thank you so much for joining us. we appreciate it. >> thank you for having me. appreciate it. ashley: very cool. tracy: okay. we've been talking about this all day. the i-95 corridor getting hit with another storm that is bringing multiple waves of snow, sleet, freezing rain, traffic you name it. 1700 canceled flights so far today. ashley: yuck. tracy: the most misery of course is in new york, chicago, charlotte, north carolina area. janice dean the weather machine back at her post. like you never left. here we are again. >> yep. this is round one. we'll have this storm. we'll mon nor another storm that moves through this region on wednesday. then another one on the weekend. so keeping us busy in the fox

news extreme weather center. and the delays, of course a lot of people are trying to get out from their super bowl extravaganza in rutherford, new jersey, and they have had a hard time. we have delays from one hour to four hours. this is kind of lingering. we thought it would be out of here by now but it will continue to wreak havoc on the northeast especially philadelphia and new york through the next couple hours. by 6:00, massachusetts is still dealing with it. hopefully out of the way by this evening this is the next storm system emerging from the southwest and across the rockies in towards the central plains. this could mean a lost snow for these areas, six to 12 inches easily. mid-mississippiry river valley, southern mississippi valley we're talking about rain and dealing with the freezing rain and sleet mix. this is the forecast ♪ totals this is one exiting the northeast coast and our next one. six to 12 inches easily in all the cities you see shaded in

blue. interior sections of the northeast could get over a foot. we'll watch another storm system that could be a doozy for sunday and monday into the northeast. tracy: whee, sunday and monday into next week? >> yep. got my sleeping bag already. tracy: my goodness. >> i know. tracy: these kids have to go to school janice dean. >> i happy you, lady. ashley: almost summer. my gosh it is one after the other. speaking of the snow, car dealers blaming these tough winter weather for sagging sales but how can you cash in on that? straight ahead. tracy: roller coaster markets, is the stock market stacked against the little guy? your tweets and our all-star panel. in about 20 minutes. the dow is down about 58 points. don't go anywhere. peace of mind is important when you're running a successful business.

so we provide it services you can rely on. with centurylink as your trusted it partner, you'llxperience reliable uptime for the network and services you depend on. multi-layered security solutions keep your information safe, and secure. and responsive dedicated support meets your needs, and eases your nd. centurylink. your link to what's next.

(announcer) scottrade knows our and invest their own way. with scottrade's smart text,t,i can quickly understand my charts, and spend andmore time trading.way. their quick trade bar lets my account follow me online so i can react in real-time. plus, my local scottrade office is there to help. because they know i don't trade like everybody. i trade like me. i'm with scottrade. (announcer) ranked highest in investor satisfaction with self-directed services by j.d. power and associates. tracy: we have to make money in the market. it is down 258 points. charles payne looking at the rental and leasing service, united rental. >> i love the company. i have had management on this network before. i've spoken with them. it is sort of a proxy, so funny, guys, the oldest axiom on wall street and vesting is buy

low sell high, but when it gets real low we get scared! united rentals i'm not afraid of. they have number one market share. you see them outside. i bet almost every one who watches the show seen their cranes somewhere. they lease these cranes and they're number one in market share. they have over 800 locations in america. it is a u.s.-centric play. i like the idea of the u.s. taking the lead. this morning of all the bad news out there, one shiny spot was construction spending. construction spending came in a little better than expected. private construction last year was up eight 1/2%. 630 billion annual run rate. these guys are right in the sweet spot for that, right now people are still tentative, projects will go out and you will not buy cranes and all that sufficient, you will lease them and rent them. ashley: quite a run-up from the last summer, haven't they. >> they have had a huge run. i like the idea it is pulling back. don't have to necessarily pull the trigger. put this on your radar. fiscal 15 -- ashley: just cranes.

>> they have a great assortment ever products. ashley: that is are with the sweet spot for them you think? you. >> this stuff as we start to get buildings up, i noticing cap-ex spending. arkansas best cap-ex spending 400% than before. united pacific. i'm seeing where some companies are starting to put the money to work instead of dividends and buybacks. it's a good sign. not stuff that materialize overnight. a great sign this year economically might be better than the market is suggesting right now. tracy: we like that. charles payne, thank you, sir. ashley: a little bit of light. time to check these markets. we have nicole petallides down on the floor of the nyse. nicole, off 252. >> there is a lot going on here, ashley. i'm looking through notes because i want to get to the vix. we're watching the vix closely on what we're seeing with the on the heels of major averages. down 2 1/2%. vix is at 20.60.

it is getting closer to that went one mark. it is getting closer to the highest level of december 28, 2012. vix, volatility, fear beige index, tongue in cheek, obviously called the volatility index, up 12%. joseph a. bank and men's wearhouse. we're following this. joseph a. bank rejected yesterday, maybe the idea that men's wearhouse may beef up their offer. back to you. ashley: nicole, thank you very much. >> talk about a glass ceiling? gm's new female ceo is getting less than hatch the compensation of outgoing ceo dan akerson. liz macdonald i'm sure has a lot to say about this. ashley: a halftime spot about nothing beats super bowl. the seinfeld reunion may have been probably one of the best parts of the game for many. dennis kneale ahead with the winning and losing commericals. >> what was i supposed to do? i cheered.

♪ there's nothing like being your own boss! and my customers are really liking your flat rate shipping. fedex one rate. really makes my life easier. maybe a promotion is in order.

good news. i got a new title. and a raise? management couldn't make that happen. [ male announcer ] introducing fedex one rate. simple, flat rate shipng with the reliability of fedex.

[ male announcer ] introducing fedex one rate. so i can reach ally bank 24/7, but there ar24/7.branches? i'm sorry, i'm just really reluctant to try new things. really? what's wrong with trying new things? look! mommy's new vacuum! (cat screech) you feel that in your muscles? i do... drink water. it's a long story. well, not having branches let's us give you great rates and seice. i'd like that. a new wato bank. a better way to save. ally bank. your money needs an ally.

tracy: president obama's applauding new gm ceo mary barra in his state of the union speech in success calling for equal pay of women. the trouble is, she is making far less than her male predecessor. lizzie mack joins with us the bottom line. all right, how much less. >> she makes, let's show the

full screen. she makes 4.4 million. that is where she stand to make right now, versus dan ackerson's nine million. by the way, she essentially is getting less pay than she is getting when she was senior vice president in 2012. getting 4.8 million. back then, ackerson was getting 11 million. gm says we have to wait for shareholder vote in may have. no comment from the white house. let's see what the white house says gender gap and mary barra and scope of dreams of people that worked so hard in this country. here is president obama. >> today, women make up about half our workforce but they still make 77 cents for every dollar a man earns. that is wrong. that and in 2014 it is an embarassment. our success should depend not on accident of birth, but the strength of our work ethic and the scope of our dreams.

that is what drew our for bearers here. that is how the daughter of a factory worker is ceo of @merica's largest auto maker. so that daughter of a factory worker, mary berra has been at gm including years as college intern, 33 years. dan ackerson, at gm had no experience running an automaker. came out of the carlyle group, private equity shop. he got 11 million buuks in 2012. versus mary barra's pay. will she get more money being ceo of gm right now. the white house is not commenting on this. by the way the final point, gm was complaining about the treasury's pay restrictions when the government owned 60% of gm. ashley: right. >> saying it was even limiting dan akerson's pay when he was getting nine million bucks a year. ashley: if she asked for a lot more money when she took the job? >> that is an interesting question. that is something shareholders

ought to ask when her pay is put to a vote to shareholders this coming june. the story that is now trending online, read it on our website. also on the fox news website as well. tracy: you're awesome, lizzie. before we let you go, do you think this has something to do with her first time on the job and they will wait and see -- >> it is an interesting question. dan ackerson had no experience as a ceo of a global automaker or any automaker. she had 33 years experience at gm. tracy: maybe what has happened they have to be, i don't know. >> you know, she is not making 77%. she is now making 48%, less than half. ashley: she would like to make 77%. tracy: lizzie mack, stay on the story. >> sure. tracy: super bowl xlviii wasn't the made-for-tv football game that fans were hoping for but what about the $4 million commercials? how did they stack up? dennis kneale is here. >> ads were just not that good. it was all the more evident given how bad the game was but you know ace metric surveys

thousands of consumers after the super bowl to see what they thought of ads and look at the surprise number one winner for most effective ad. second highest score the firm ever seen for a siphol ad. microsoft's empowering technology ad which did noter. >> at the competition saying they're better than everybody else. puppy love, budweiser. radioshack poking fun at own bad design for its stores. bringing in the panoply of all the 08's characters. hulk hogan. tracy: i love that. >> a lot of people liked that alot. turns out it was effective ad. most surprising was transformation of godaddy.com. got rid of fleshy, with ad with john turturo, a woman quitting her job in front of 100 million people. this is ffrst time she is telling her job and has her puppet say, ciao, wants her own business. that is effective without being

sex it. >> i quit. >> that is a great thing. then you had, i had -- tracy: did that really happen? >> no, that's real. that is real. i don't know for a fact. i haven't had a chance to check on that. this ad was touching bob dylan, hard guy to get to endorse anything, what is more american, than america? which is dumbest thing of the evening. chrysler you're owned by fiat of italy. why are you advertising so plowed proud of making your cars in merger? then you've got the dan none spill they talked about. kind of sexy. getting a little too sexy. in comes other cast members fromful house. a show did not back in the '80s -- "full house." tracy: john stamos, sexy. >> entirely. one last thing, if you look at, who won in terms of online. tracy: '80s thing. >> twitter and facebook were competing. facebook got a huge number of people, 50 million people,

tuning in on super bowl. twitter got 25 million tweets. budweiser, big winner online though. if you look at bud mentions, youtube, instagrams, 588,000 mentions and 440 million on youtube for the puppy. tracy: and the horse. >> those three together. tracy: apparently our 4:00 p.m. has the woman who quit on their show today. >> she has the puppet master? tracy: got to ask her. >> chao, baby. ashley: got a comment from the puppet. i liked stephen colbert pistachios. tracy: that was funny. those commercials are always good. thank you, dennis. next half hour of "markets now," dow is down 259 points. is the stock market stacked against the little guy? your tweet and our panel next. ashley: plus big concerns from big business over a shrinking middle class. gerri willis breaks it all down for us. tracy: advice to feed your dog by remote control, was invented

by a 14-year-old girl. i love this kid. we're going to show you in tech minute. i love this kid. trying to get out of chores. [laughing] [ chilen yelling ] [ telephone rings ] [ shirley ] edwa jones. this is shirley eaking. homay i help you? oh hey, neill, how areou? how was the trip? [ male announc ] with nearly 7 million investors... [ shirle] he's right here. hold on one sec. [ malennouncer ] ...you'd expect us to have a highly skilled call center. kevin, neill holley's on line one. ok, great. [ malennouncer ] and we do. it's how edward jones makes sense of investing. ♪ it's how edward jones makes sense of investing. can you start tomorrow? yes sir. alright. let's share the news tomorrow. today we failrly busy. to.

we close on the house tomorrow. i want one of these opened up. because tomorow we go live... it's a day full of promise. and often, that daarrives by train. big day today? even bigger one tomorrow. when csx trains move forward, so does the rest of the economy. csx. how tomorrow moves. sometimes they just drop in. always obvious. cme group can help you navigate risks and capture opportunities. we enable you to reach global markets

ashley: it is 90 minutes until the close, let's take a look at the dow 30. pretty easy today, the only winner is pfizer, and there's a reason more that. pfizer up about 47 cents as you can see. the reason is new breast cancer drug having success in trials, the oral drug considered one to have most valuable products in development. this could generate annual sales of more than $5 billion, even the fds is calling it a, quote, breakthrough, unquote, drug based on initial trial data. on a day when market is awash in

red, we are seeing pfizer the lone member of the dow 30 moving higher. l let's get down to nicole petallides watching this selloff. nicole? >> reporter: it really is a selloff on wall street, only tacks on to what we saw for the first month of the new year where the dow saw its biggest point drop ever, down almost 900 points, down over 5% for that month. right now tacking on to those losses, the dow jones industrials down 1.6%, 15,439. the nasdaq composite, the worst down nearly 3.5. the s&p 500 1748 right now, loss of 3%. what's really key is this pullback that we're seeing, 5% there the all-time highs set in january, the middle of january, and the question is whether or not we close below some key levels. that would be very, very telling. we also have the dow hovering around the 200-day moving average and the vixx setting records of its own, right now at

2048 on the vixx. back to you. ashley: nicole, thank you very much. tracy: the dow's triple-digit loss is the seventh one this year. bottom of the screen, we are joined by an expert panel to talk about this, sam from s&p capital iq, here on set sandra smith and elizabeth macdonald conquering the snow. i'm going to start with you, sam, you are the data guy. based on the data, how goes january goes the rest of the year. do you buy into that, and should the little guy? >> well, i do buy into it. the old saying that i first heard from the stock trader's almanac is as goes january, so goes the year. i think there's correlation with causation, unlike the super bowl theory, because it really is a measure of investor behavior. their optimism toward the new year. i think investors are a lot like dieters, and they look to january as a new beginning. and if it's a bad beginning, they don't have a lot of hope

for the full year, and since world war ii whenever the market was down in january, the average 11-month price change was a gain of only 0.1%. and, basically, it rose almost as frequently as it declined. so it just adds to the overall uncertainty. ashley: it does. but, sandra, this has happened in the past when we go back over several years. people who jumped in then got some very, very healthy returns. is this a buying opportunity, do you think? >> well, so whether or not it's stacked against the little guy, whether the little guy should be jumping in here is a very serious question when you consider the amount of risk capital that the little guy has on hand. ashley: right. >> it's not much. and probably not enough to weather the storms that come out of washington. there are these up intended consequences -- unintended consequences that come from unfinished fiscal policies coming out of washington that affect the management, the building, the thriving, the, you know, the succession of these

companies that the little guy can't possibly forecast or see coming let alone have the risk capital to weather those storms. so is it stacked against it? not the capital markets, but it is the unintended consequences of washington that i think are a very scary proposition for the little guy right now. tracy: lizzie, at the same time your little guy should be a long-term investor. >> yeah, i think so. tracy: so these market gyrations should smooth themselves out at the end of the day. >> i agree with both sandra and sam. to sam's point, you know, it's a 50/50 coin toss when january's bad. we've known since 1950 that 50/50 odds that the markets will be down in december. and to sandra's point about what is going on in d.c., when we saw the manufacturing survey, the ism, come out, and watch this, the orders element, meaning new orders, tumbled to the lowest level since 1980. you've got to say, wait a second, something's happening

here. and on top of that, sandra and everybody, we've been talking about this. what is happening overseas with emerging markets? we know the s&p sales are exposed, something like 14% of their sales come from overseas. so i was looking at companies to avoid, companies because they have got a lot of -- avon, apache, microchip. you want to avoid these companies, and it's tough for the little guy to find them. we'll give the information to you, but these are the stocks you want to watch out for, stocks that are overexposed to now countries that may have to raise their interest rates to defend their currencies and they're struggling overseas in emerging markets. ashley: sam, is this all about y we get the lousy ism numbers and then all of a sudden we're off to the races on the downside, is this an overplay, an overreaction? >> i think that the emerging markets are contributing to all of this, but probably not the sole reason. we ended the year at an all-time high, and that's only happened

five other times since 1929. so we had an awful lot of euphoria at the end of year with more than 34% on a total return basis. nobody really wanted to make that a taxable event that you'd have to pay for only four months down the road. so i think they waited until the beginning of the new year to make it a 2015 taxable event. then they started getting some other u.s.-specific economic data like the employment report, and now they're questioning really maybe the estimates for earnings for economic growth are a bit too rosy for what we're likely to see. tracy: speaking of roses, sandra, i heard ben willis this morning say the market's like a rose bush, you have to prune it back in order to continue to grow, so does it need to puke itself out right now? does this need to happen in. [laughter] in order for us to end the year up? >> that's tough for the little guy, right? tracy: whether they're in it for the long term, it doesn't matter. let it puke. >> you used the p word again.

ashley: please don't. >> the volatility index is scary, the vixx. highest that it's been since october. october 9th, i believe. so you have extreme uncertainty in the market place. but any big market watcher will tell you that the correlation there is that sometimes when the vixx gets to such lofty levels, this can be with a contrarian indicator for the stock market, and these lofty levels in the vixx might be an indication that the stock market trend, which is down right now, is turning around. [laughter] tracy: whoa. ashley: lizzie, what about the, does it raise questions about the fed when we start getting numbers like this ism? >> well, is the fed going to have a second thought, right? or is it going to ignore the noise. ashley: it completely ignored the emerging markets in the -- >> they can't ignore their burgeoning $4 trillion balance sheets, so i think the fed is going to stay the course. but, you know, to sandra's point and the question you're tweeting out, is this stacked against the little guy, a famous investor said, you know, there's a lot of

talk about price discovery in the markets, it's more what's going on greed discovery where we've got these vast, complicated networks of insiders down on wall street who are benefiting ahead of the little guy. ashley: yeah. >> so how can the little guy catch up? got to watch tracy and ashley, get the information and find out what stocks are overexposed -- ashley: right. tracy: ten seconds, sam, is the market stacked against the little guy? >> i think if the little guy wants to be a trader, yes. you've got companies that are trying to move closer to the nyse to get a couple of nanoseconds ahead of their competitors, i don't see individual investors being able to do that. tracy: fabulous last words. sandra smith, elizabeth macdonald, thanks for being here. >> sure. ash ab thank you, guys. well, at&t forced to cut family plan prices as its customer base slips. can they connect with new customers? tracy: lues, how can you cash in on sagging car sales? we're going to drive down that

road ahead. ashley: and taking a look at how oil closed for the day, $96.43 a barrel. we'll be right back. ♪ ♪ [ bell ringing, applause ] five tech stocks with more than a 10%... change in after-market trading. ♪ all the tech stocks with a market cap... of at least 50 billion... are up on the day. 12 low-volume stocks... breaking into 52-week highs. six upcoming earnings plays... that recently gapped up. [ male announcer ] now the world is your trading floor. get reatime market scanning wherever you are with the mobile trader app. from td ameritrade. those litt cialis tadalafil for daily use with the mobile trader app. helps you be ready anytime the moment is right. cialis is also the only daily ed tablet helpsapproved to treattime the msymptoms of bph, like needing to go freently. tell yr doctor about all your medical conditions and medicines, and ask if your heart is healthenough for sex. do not take cialis if youtake , as imay cause an unsafe drop in blood pressure. do not drinklcohol in excess. do not take cialis if youtake ,

side effects may include headac, upset stomach, delayed baache or muscle ache. to avoid long-term injury,gety if you have any sudden decrease or loss in hearing or vision, or any allergic reactions like rash, hives swelling of the lips, tongue or throat, or difficulty breaing or swallowing, op taking cialis and get mecal help right away. ask your doctor about cialis for dly use and a free 30-tablet trial.

>> federal officials are taking sto enable vehicle-to-vehicle communication technology for new cars and light trucks. nhtsa says the technology allows vehicles to exchange data on speed and position to prevent collisions. white lodging, major u.s. hotel operator whose brands include marriott hotels is investigating a credit card data breach that took place nearly a year ago. white lodging won't say how many people may with affected, marriott says the breach did not impact any systems it owns or controls, and that's the latest from the fox business network, giving you the power to prosper.

tracy: breaking news for you, the dow nearing session slow lows today, so so far the low is 15,411, that happened just months ago, we are off it now at

15,424, but we're hovering, we're flirting with it, as ashley just said. all right, auto sales were mixed last month, chrysler posted an 8% gain. however, our next guest is urging investors to look through these numbers based on prior momentum in the industry. the news is even better if you're in the market for a new car. he predicts price wars might be heading our way. good news for me, because i am in the market. ed kim joins us now. let's talk about the companies before we talk about how i can get myself a good deal. a lot of these companies blaming this polar vortex on their sales for the end of the year in january, do you buy i that? >> well, to some degree, yeah, absolutely. the weather had a huge impact on, it impacted about 37 states. so, yeah, that's a lot of people that weren't able to get into new vehicles and away from showrooms. however, having said that, there were some big bright spots in the, throughout the industry. light truck models, particularly all-wheel drive models, did

power some real sales gains at chrysler who had pent-up demand for the new jeep cherokee and also nissan's new rogue, another well-received all-wheel drive crossover, and then you look at subaru which deals almost exclusively in all-wheel drive vehicles, and their sales were up year-over-year 19%. tracy: crocodile dundee did something for that company back in the day. >> back in the day. tracy: i just dated myself. everybody else, though, ford, volkswagen got clobbered, down 19%. gm, of course, we mentioned earlier down, but really maybe the weather really did play a part here. now do you take that and extrapolate it out for the rest of the year or call it a one-off? >> i think, i call it a one-off. i think that provided that the weather stays stable and returns to some semblance of normalcy, i think we'll see sales return and then some next month in -- or this month, i should say.

so assuming that the weather holds, february should make up for the losses to most -- make up for the losses we saw in january. tracy: why price wars? do they have excess inventory, or what's going on out there? >> a couple of things that could with leading to price wars in the coming months. there are some signs that inventories are starting to build up. part of that could be, part of that may be due to the fact that many awe to makers have -- automakers have what we think are fairly optimistic forecasts. now, auto pacific is forecasting 2014 to close out at about 16.1 million units, but we're seeing forecasts from other automakers and other analysts that are much higher than ours. so that being the case, many automakers may be producing more volume than they need to which, of course, builds up inventory. so that's definitely one factor. tracy: so what stocks -- >> another factor -- tracy: what stocks do you like

for the year? if i'm liking to invest in these auto companies, where should i go with my money? >> i think, well, that's a good question. i think, i think the automakers that seem to be investing in the most forward-thinking consumer-friendly technologies that may not necessarily, that may not necessarily result in, you know, super short-term profits, but reflect some really good long-term thinking may be really key. ford be, for example, with their aluminum-intensive f-150, that's going to hurt profitability the this year, but i think longer term there's real benefit there. tracy: ed kim, thank you so much, sir, for being with us. >> all right. thank you very much. ashley: well, the dow off nearly, well, 291 points now, we're below -- we are at session lows. and with that fine news, let's head down to the new york stock exchange where keith bliss joins us now.

keith, look, we know emerging markets continues to be an issue, we had lousy ism today. is the market just looking for these excuses to sell off? >> well, it is in a sense because the market has gotten readjusted and recalibrated to looking at fundamental data, and once they look underneath the covers of extraordinary fed monetary policy, they're looking at the fundamental numbers, and they don't like what they see. we still have risk overseas. the earnings reports, while people are beating on the bottom line and a lot beating on the top line for what they estimate, the sales picture doesn't look all that rosy for companies going into 2014. that's a big concern. and then we're getting other signs that the economy is at least stalling if not outright slowing down. so these are the troubling signs, and that's why this market is collapsing the haas couple weeks. ashley: ultimately, to use the analogy of forest fire ultimately leads to a healthier forest, could you say the same about this selloff? >> yeah, we could. everybody who i talk to and i work with thinks that the market

performance in 2013 was beyond extraordinary. it was bubble-like, so it had to come in a little bit. and again, once we start analyzing on fundamentals as opposed to what the latest fed president or fed governor said in a speech, that's when we get down to properly evaluating the stock market. it's absolutely needed. we're near a major market bottom, though, i'll tell your viewers that, and we firmly believe that around the 1740 line on the s&p 500. if we get down there, i hi it's going to be an excellent -- i think it's going to be an excellent buying opportunity. ashley: keith bliss, thanks so much. >> my pleasure. ♪ ♪ ashley: time now for your tech minute. can you hear me now? just got a little less expensive. at&t cutting the prices of its family wireless data plans as the competition heats up. customers getting a 20% break. now a family can share a 10-gigabyte data plan for four smartphones for $160. the same plan under verizon

costs $100 more. t-mobile had three super bowl ads last night featuring tim the tebow, pretty good, and has been offering to pay customers to switch carriers. if you take a look at that space today, well, in a tough market they are all moving lower. well, congratulations intel. the environmental protection agency is out with its list of the top 30 tech and telecom companies. intel was named number one. 100 percent of intel's power usage comes from green sources. data was collected from u.s. operations only, though, based on any combination of three options; renewable energier certificates, on-site operations and ask utility products. rounding out the top four, microsoft, google and apple. love this story, for all dog lovers out there, check out this new gizmo. the i see pooch allows you to talk to your four-legged friend while you are away from home. you can even give them a treat. you set up the app for your

smartphone or tablet to the i see pooch device and, presto, facetime with fido. the company has launched a kick starter campaign that went live today, it is looking for $20,000 to go from prototype to production. it's day one, and they have already raised over $3500, and we should note that the inventer is 14-year-old brooke martin. looking forward to this, because she's going to be joining us on february the 17th, so we look forward to having brooke here in the studio. great story, tracy. tracy: i love that story. ashley: yep. tracy: i've got to get my kids to invent an app. [laughter] ashley: facetime with tracy. tracy: big concerns by big business over a shrinking middle class, and gerri willis is going to be here to break it all down for us next. the dow is down 23 -- 290 points. don't go anywhere -- 280 points. peace of mind is important when you're running a successful business.

so we provide it services you can rely on. with centurylink as your trusted it partner, you'll experience reliable uptime for the network and services you depend on. multi-layered security solutions keep your information safe, and secure. and responsive dedicated support meets your needs, and eases your mind. centurylink. your link to what's next.

tracy: tomorrow's business today. political pundits have warned about the growing divide in america between the rich and the poor, and it seems the real casualty, the middle class, which according to a new report this the new york times is actually in danger of extinction. huh. meanwhile, corporations have been ahead with all this. gerri willis here now with details. what's going on? >> this is fascinating. it's playing out on the bottom lines of a lot of consumer companies whether you're a retailer or restaurant operator, you see this bifurcation is what's going on. if you're at the low end, walmart, you know, they didn't have a great quarter, but they're doing fairly well. the dollar store, dollar tree doing well. on the other end, you have companies like sak's fifth avenue that's doing well, high-end retailers that are doing okay, pretty good, but you go to that vast middle, and the companies we report here every day about jcpenney, sears, all these companies and

restauranteurs, too, darden, having a heck of a time. and that's because people in the middle are getting squeezed. ashley: so they're either going up or going down, is what you're saying. so those that go up are not going to go to mid tier restaurants, they're going to go to more high-tier retailers, is what you're saying. >> i think the people in the middle are getting squeezed out. their income is going down, that's what we've seen since the beginning of the obama administration, median incomes are going down, actually down, which is something we're not used to seeing in this country. tracy: someone has to be making more money to afford to go to tiffany's, and someone has to be making less because now they're shopping at the dollar store instead of whole foods. >> interesting fact, top 5% of earners accounted for 40% of perm consumption expenditures in 201. you go back to '92, that number was 27%, so that's a huge dislocation out there, a huge change. but i think people kind of intuitively know what's going on. i think it's pretty clear to a lot of people out there, you

know, we talk about more people living paycheck to paycheck. i hear about it. my twitter feed is alive with people talking about this kind of thing all the time. ashley: yeah. so what do the retailers in the middle, what can they do about it if their customer base is going down? >> for example, sak's is going even further high end, that's their response. you've got to be on a winning team. tracy: do you think it's the housing thing too? >> that could be -- tracy: i might start to feel like i've got money -- >> jobs, we need jobs. jobs solves everything. tracy: amen to that. gerri willis, don't miss the willis report tonight, 6 p.m. eastern here on fox business. ashley: gerri, thank you very much. we are down now 306 points, big selloff, obviously, down nearly 2% on the dow today. we already, of course, had the emerging markets concerns, today we had the lousy ism, and is we just saw those numbers drop. that ism came out at 10 a.m. ian this morning, and it's been

going on for the rest of the day. interesting to see what will happen in the last hour of trading, that'll be when we get a sense of where we're going with these markets. tracy: a lot of people are looking for this market to be done already. we've been hoping -- nobody wants me to say puke itself out, but that might be -- ashley: yeah. you did that three times. tracy: i think that's what it's doing. ashley: liz claman is coming up next, she'll take you through the last hour. it promises to be very interesting, don't go anywhere. we'll be right back.so ate. that's correct. cause i'm really nervous about getting trapped. why's that? uh, mark? go get help! i have my reasons. look, you don't have to feel trapped with our raise your rate cd. if o rate on this cd goes up, yours can too. oh that sounds nice. don't feel trapped with the ally rai your rate cd. ally bank. your money needs an ally. there's nothing like being your own boss!

and my customers are really liking your flat rate shipping. fedex one rate. really makes my life easier. maybe a promotion is in order. gd news. i g a new title. and a raise? management couldn't make that happen. [ male announcer ] introducing fedex one rate. simple, flat rate shipping with the reliability of fedex.

liz: the super bowl may be over, but they contest for the bragging rights the luxury car market is in full throttle now. we put it to mercedes-benz usa ceo who is here to show us his new souped-up, superfamily wagon. sounds like the sequel to a

really bad movie, only this one has no fancy hollywood set or special effects. treasury secretary jack lew warning the government will hit the debt ceiling at the end of this month. who, if anyone, will rise to the rescue? peter barnes has it for us. shaken, but not stirred. herbalife with a winning quarter after accusations by short seller bill ackman and democratic senator as charlie gasparino says, herbalife is now returning more cash to shareholders. "countdown to the closing bell" starts right now. we have some breaking news, the nasdaq is hitting its first 100-point loss since 2011. we are seeing quite the acceleration in losses