crummy market. [closing bell ringing] great numbers out of united on heels of american yesterday. adam: bells are ringing on wall street. let's look how stocks are finishing the day. you can see the dow, although down 70 points hasn't settled yet. we fought back as cheryl pointed out from being down 180 points. you have nasdaq down 22 points. s&p down eight points. we still have guests coming up who say, hey, s&p 500 and 2000, even 2100. get ready. "after the bell" starts right now. cheryl: let's get into today's market action right now. we have got craig johnson, piper jaffray senior technical analyst who thinks we won't see a substantial pull back anytime soon. the patrick kidser, grand did i wine global partners. why he likes the auto industry despite the massive recalls. michael gerka from the cme.

michael, i want to start with you, the what a roller-coaster ride. are we that sensitive when it comes to markets when we have a portuguese bank send the dow down 110 points for session lows and other markets as well? >> all we need is any kind of reason to start the day to sell the market off and it is going to happen. one of the things you normally count on is buying opportunities. granted with the s&p up here at what, 1975 earlier, above those levels it is a little different. but on the pullback it is gets a little more attractive. i think the vix held in there very well. i wasn't surprised how everything came back in particular 10-year yields are right back in the middle of that range. i think it is good buying opportunity going into earnings. adam: craig, i'm curious, investors when we get pull back like we had, 110 points, is there opportunity to buy in or rotation taking place from fixed income into equities? is now the time to be really doing that? >> i think the market was very amazing today.

it was a very scary situation at the open, given selloff you've seen in europe. clearly markets, investors want to be buying on these dips. they have missed part of the move this year. they have been scared out of the market. when they get these dips i think they will put their buying shoes on and they will want to stepping up. the rotation we've talked about for quite some time, has been muted out of fixed income into equities. because rates stayed low. what i think is also helping this market structurally, there are about a third fewer stocks in the market than there was in 2000. there is less product out there. you're seeing money come into those, into these names and seeing those stocks push higher. >> patrick, you're optimistic about the markets. you're basing that in part on the economy. i'm curious where you're get that from considering we've seen pressure in retail numbers today? >> you know retail numbers are interesting. it shows maybe there's a certain percentage of american consumers are stressed like your previously guest said. when we look across real time

economic indicators, we had railcar loading data out. that was very good, very strong. looks like it might be accelerating. new unemployment claims clearly very good. bank loans appear to be accelerating. airline traffic demand is strong. auto production supposed to be up in the third quarter i could go on and on. when we see real time economic indicators, we see signs of accelerating activity. that i think supports the market. we need that to continue for the market to go higher. right now we see very favorable environment marketwise. adam: let me be the pessimist, patrick. bank loans are going to credit, i don't want to say unworthy, but those on borderline of credit risk. railcar loadings. we see companies overestimate how much they need in inventory before. is now the time really to be optimistic about this? we had a guest on earlier, walmart he is predicting will have to close 100 stores? >> yeah. well, which i think is extreme prediction, but when we look at railcar loadings, they're very

strong in things like stone and housing products. they're very strong in chemicals and autos. we don't see an inventory situation there. bank loans i would dispute a little bit to lower quality borrowers. i think we've seen credit card growth for example, for first time in couple years. a lot of balance growth is coming from -- fairly low but first time in several years we've seen balanced growth. we've seen commercial industrial lending growth. i really actually think that the bank loan growth we're see something not on the low end of the market. maybe that is happening in the nonbank channels. but bank loan growth to me looks pretty high quality. cheryl: michael, i want to go back to you, switch gears and talk about what we initially saw this morning when the selloff began and saw a pop for commodities, particularly metals, gold and silver. this begs the question, whether or not those safe havens are better bet for some of our viewers and investors, that are still nervous about the volatility that we're seeing and they don't frankly trust the

markets? >> i mean there is reasons not to trust the market. again because of the fed, that is why you're not seeing these abrupt selloffs down 200, down 250. that being said we anticipated cfe to be good news for gold. those are occurrences not happen within an hour or two and take it root back. this is more of a long-term trend that comes into place. currently with gold 1300. the anticipation is more upside in gold. the guys behind me wishes selloff in equities were lot bigger so they could have bought into with two hands instead of one. adam: craig johnson, you think investors climb a wall of worry. knock on the berlin wall of worry and where would you put your money. >> there is a couple areas i would and wouldn't put my money. when i look at large cap financials. those look directional and absolute and relative basis. things like bank of america, citigroup look weak to me. what does look attractive based upon our work is lot of names

like gilead, celgene, texas instruments. those biotech names and semiconductor names they're breaking out to all-time new highs. in secular bull market i'm buying all-time new highs. cheryl: patrick, one things that is interesting you like and one of your picks is general motors. we'll talk about it in the next hour of fox business about the issue that gm and frankly pressure that the company is under. coming up, let's talk about gm. why do you like it? >> yeah. there is two points i want to make. first on the business itself. when you look back at history of automotive recalls we've gone back 20 and 30 years to look at this there is almost no evidence, one case we found recall really impacted market share. so in the end these recalls are bad headlines and that creates the opportunity. really not impacting core business. any settlements unlikely time pack a very strong balance sheet. that point one. recalls ultimately don't matter

especially -- time horizons an invest for the long term on the business. second thing i point out is simply price of gm is exceptionally attractive. the balance sheet is fantastic post-bankruptcy. we think it will earn $5 the next 18 months. looking at stock with seven 1/2 to eight pe. exceptionally cheap. it's a good company. the truck launch is going very well. they're getting pricing on their new vehicles. survey of american consumers recently and said what auto company do you associate with recalls? headline. the number one answer was not gm. so, people are really looking past this and consumers are looking past this. we still really like the stock long term. cheryl: we're doing a whole hour-long special coming up next hour on the network about issues at gm we'll leave it there. craig johnson, patrick, mike gerka we come back to you for the s&p futures close in just a moment. want to invest in the growth of chinese internet users? how about names that will benefit from a tablet takeover

or renters? >> we'll tell you how to invest in themes, even creating your own theme for others to invest in. adam: also she started her company at the age of 19. her midas touch helped her turn blood the color green as in money. her company now valued at $9 billion. her competitors, they're nervous and she have going to join us ahead. cheryl: well-said there, adam shapiro. plus looking to hit a home run with your next investment. how about a 96-year-old bat? or, a 91-year-old baseball? we're going to show you some of themost famous babe ruth items ever put on the auction block. we'll tell you how you can get it in on the action. get your checkbook out. ♪ [ male announcer ] once, there was a man

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my motheit's delicious. toffee in the world. so now we've turned her toffee into a business. my goal was to take an idea and make it happen. i'm janet long and i formed my toffee company through legalzoom. i never really thought i would make money doing what i love. we created legalzoom to help people start their business and launch their dreams. go to legalzoom.com today and make your business dream a reality. at legalzoom.com we put the law on your side. adam: stock alert that you want to pay attention to. this involves gap. same-store sales were down in june 2% and estimate was that they would actually be up, what, .07%. so right now, shares of gap are actually falling. they just missed the estimate and down 2%. same-store sales, this goes in line, with your guess at end of 3:00, saying look, retail is in trouble. cheryl: retail is in trouble. that is what brian was saying. there you go, watching gap

today. we'll of course track that stock for you. trw automotive, bucking today's downward trend posting gains on a possible takeover offer. adam: let's head back to nicole petallides on floor of the new york stock exchange. what are you watching? >> it is interesting, trw when you see it hitting a new high in trading today, we saw the stock finished higher more than 4.5%, at 95.63. it did cross the 101 mark. it got to 1. -- 101.9. this is speculation they may have a buyout offer. they won't engage in sales talks. they have seen reports, people familiar with the matter, bloomberg reporting that trw was in fact in talks with an german auto parts supplier. trw is michigan based company, makes airbags, electronics and steering systems. its customers are the main automakers, huge, huge names. ford, gm and the like.

they also count volkswagen as the largest customer. back to you. cheryl: nicole, thank you very much, s&p futures are closing. we're going back to michael gerka in the pits of the cme. mike? >> without question i'm not surprised to see how this market will try to get at least a little bit uneasy into tomorrow's open, waiting from cue from europe to see if the europe does same thing again. second or third time is a charm up 2,000 s&p. once we get through that level, all the dialect will change here on this trading floor. again that i'm not wildly bullish. this economy is eventually coming back. i know europe is showing it to my. if anyone paid attention to the brit push pound, lately, unbelievable how bad the u.s. dollar is getting hit. cheryl: good for the yuan. michael, thank you very much. adam: always a silver lining somewhere, right? cheryl: i'm trying. i'm trying. we live in a age of new economic trend from the rise in home renters to the popularity of tablets to the surge in internet sites. adam: so how can an investor take advantage of those trend

and even make their very own basket of themed stocks in which to invest? joining us now with some answers is the ceo of motif investing. it is a pleasure to have you back on the program. >> thanks for having me. adam: you haven't identified the first motif millionaire yet. but you're on your way. the novelty you don't need the fidelity or van barred to create the fund. you can create the fund if you have viable strategy and people come in and they're doing that. >> absolutely. motif is intelligent way for basket of stocks for the cost of a single stock transaction, 30 stocks purchased for one. but is the ability to build them on your own. we have 50,000 built by our users less than nine months. whole royalty model. you build the motif you get paid. reach out to friend of yours that know tablet. you can crowd source the offering. it's a pretty powerful force. cheryl: you did motifs that in some cases are successful with

the fed or obamacare. you're going with internet play but more of a chinese internet play. is this more on heels obama obama play. >> internally we nicknamed this, waiting for obama obama. chinese listed companies in the u.s. focused on the chinese internet market. so a lot of market it has been up over 73 points over the last year. it is the excitement of alibaba. people forget alibaba is huge. bigger than amazon, paypal, ebay combined. $178 billion in sales last year. responsible for 60% of the packages shipped in china. phenomenal place. as people wait for the ipo this is one way to think about chinese internet. after ipos we'll rebalance into internet. adam: there is also a motif for shale oil here in the united states. how is that one playing out? >> it is up 42 points. a lot of attraction for shale oil is on what is going on in iraq. prices of oil with uncertainty are likely to go up. these are u.s. companies focused

on u.s. shale. there is debate on releasing export sanctions that is driving excitement to this. this is nice way to play it. benefit of motifs they're customizable. the release of exports controls, and pioneer in the eagleford, you take a motif we built and customize it and eagleford is great area to have exposure and change the weighting of the motifs. >> we talk to you about tablets. there is motif based on takeover of tablets which i find interesting since you worked at microsoft but go. >> seen with tablets they are up 56% in growth. it is expected to drop to 12% this year. people get caught up what is a tablet. they're out with fablets, hybrid phone tablets are in. underlying component. touch-screen manufacturers. doesn't matter what size it is or what you call it. these underlying component manufacturers are doing it for

computing go mobile. adam: when you buy the motif, what you're buying essentially investing in a motif looking at the chips or glass. >> that's right. adam: kind of like i won't say mutual fund but -- >> it is like etf but a customizable no fee etf. but it is not a fund. you can put as little as $50 or a million dollars to work. it looks and feels like an etf but thankfully it is not and you own the underlying securities. adam: i don't know if you recall this, there was study done, college students from best students in the country create motifs but big winners were 6th graders. >> we had competition. we didn't know there was a competition with motifs and they were done with sixth graders and sixth graders actually beat out the college kids. adam: save your quarter of a million lars. go to harvard business. cheryl: most of the business degree i didn't get anyway. hard deep. good to have you on the show. adam: it could be the most

important biotech company you never heard of but you will hear about it. it is led about an entrepreneur being called the steve jobs of medical diagnostics. we'll talk to this biotech superstar and by the way, only 30 years old. cheryl: all right. also as congress grapples with the controversy over high frequency trading we talk to one of the fathers of electronic trading about his plan to level the playing field for all traders. adam: reality tv star kim kardashian, she has already built an empire that rakes in millions of dollars every year. her star power is helping boost stock of a small west coast gaming company. ♪

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cheryl: time for a quick speed read of some of the day's other headlines, five stories one minute. first up career builder mid-year job forecast points to sustained job growth in the second half the 2014. 47% of employers plan to hire full-time employees, up from 44% last year. boeing raises its long-term forecast for new airplane demand by more than 4%. the company now expects deliveries of 36,770 new airplanes over the next 20 years with total list prices valued at estimated $5.2 trillion. late payments on u.s. credit cards fell in the first quarter, falling to 2.44% of all accounts compared with 2.6% the previous quarter. the federal trade commission is suing amazon over in app

purchases. they claim the giant retailer billed parents for unauthorized made by children which totaled millions of dollars. google launch as 100 million-dollar startup fund in london. the fund will invest in european technology companies with the aim of developing firms across the continent. that is today's "speed read" buzz buzz. [buzzer] i pretty much made it. adam: you did it. this is game-changer for the medical diagnostics industry. they are disrupting the entire $73 billion blood testing industry. it is looking to replace services provided by giants lab corp and quest diagnostics which both closed down today. with a low cost and painless test. the creator joins us. elizabeth holmes with 19 years old when she dropped out of stanford this is great quote from article. when you reach the moment you're found what you're born to do you do it.

what you have done elizabeth, created a company worth $9 billion. you are bringing this very simple, inexpensive lab testing, blood testing to the entire nation. 8200 wellness centers in walgreens. is there a target date when that will be completed? >> we're working to do it as fast as we can. our goal is to be within five miles of every person's home. to be able to help bring access to this capability, to everyone. adam: the thing that is important for those of us who have followed your story is that the company is still privately held. you just raised $400 million. you're now valued, theranos is valued greater than quest diagnostics or lab corp. the key is the testimonials. i read about one woman with diabetes explained in an email her insurance bill for lab testing, blood testing was 850 bucks. but the wellness center, exact

same barrage of tests was $34. this is no-brainer not only for customers but for insurance companies and whole medical industry. >> it is and we really see it as a basic human right for every person no matter how much money they have or where they live, to be able to access this type of testing. when you think about a free society, so much it is built on the free access to information and one area which that is so inhibited is in health care where people have not had access to the kind of testing information that can change their lives. adam: so we talked in the past on fox business about the wellness centers. i was curious. i just had my annual physical in june. did traditional vial of blood. had to wait a couple days to find out cholesterol rating. if i go to wellness center would have happened in couple hours and saved me and insurance company quite a bit of money. is there any plan you go beyond the wellness centers, perhaps

license the hardware and software that made all of this possible to individual doctors and hospital groups to which they belong to bring doesn't cost of those tests? >> well, we're working both in the wellness center context as well as the beginning to work with hospitals systems. we've recently announced our partnerships with intermountain health in utah and dignity in california. large hospital system in california. and we're working with ucsf here in san francisco as well. to be able to bring this type of capability into exactly the hospital setting as well as the outpatient setting through our wellness centers. adam: i know that you have, thearsnos could save the federal government through medicare around medicaid over the next 10 years something like $200 billion by lowing the costs of blood tests. with that in mind, i've in mind

i asked you in the past, plans to go public? the reason i ask you again, critics, those looking at your company critically say in order to scale up you would need huge amounts of money to build the infr say, quest or lab corporation of america on the backburner. are they accurate? are they missing something? >> you know the way that we think about it we're successful if person by person we can bring access to this type of capability. and change their experience. so, our mission is to help eliminate the need for anyone to ever have to get blood drawn through big needles and for everyone to be able to afford and get access to real-time diagnostic information and, we have a very long-term mind set doing that. we worked very hard for a long time to buildout this infrastructure and in order to be able to do this and we think about it now in terms of each experience and each person that

we serve. we're a private company but we're certainly working to grow as fast as we can. adam: can you do that though, remaining a private company? as i was sitting in dr. lane's office having the blood drawn i actually was thinking about their a knows, the day i will go to the wellness center, get results to bring them to the doctor or whether my doctor will be able to do that? can you do what you're talking about without going public? >> he will you know, right now what our focus is now is execution and absolutely we have the opportunity to execute with the resources that we have and the infrastructure that we've built and, as i said, we're looking at this in terms of a very long-term plan and we've, we've definitely prepared to be able to make that type of investment. adam: last question, elizabeth. i know that some of the motivation of the company is comfort, cost and control. the wellness centers, the 8200 walgreens, is there a target date by which, you know, just all of us, that 310 million

americans we can walk into the neighborhood walgreens and take advantage of this? >> we're working on it. right now our immediate focus is in arizona and here in california. and we're working to deploy the infrastructure first throughout phoenix and bay area and then expanding but, our mission and our purpose is certainly to fill, once we're national. and that is what we're spending all our time on. adam: elizabeth, i will quote you. you already said it once during the interview, you said we're success if person by person we help make a difference in their lives. you're doing that and i know your team is wildly supportive. is amazing to watch you as you now have built a company is truly transforming lives of just about every american. all the best to you. >> we, so wonderful to be here. thank you. adam: bye now. cheryl: all right. from capital hill to wall street, the debate over high frequency trading rages on.

coming up next we'll talk to one of the fathers of high speed trading who says he has a simple solution to help level the playing field on wall street. the great bambino, babe ruth may be a great investment right now. we'll show you some of the most rare babe ruth items up for auction. their value could soar in the coming years. ♪ $

adam: just two weeks ago reality show star kim kardashian launched a new videogame called kim kardashian hollywood. it is helping one company become big. they instructs users how to become a-list celebrities. they start on e-list, not a far stretch from her own life. believe it or not the game is on top of apple app stores of list of most downloaded games. rising to the number two spot. it is sure sign of the end times. the success given shares of the game's publisher, i say sarcastically, shares of blue mobile a big boost. they have surged more than 48% since the game's release. cheryl: the debate rages on as to whether high frequency trading is helpful or harmful for the markets. some say it provides much-needed liquidity. others say it gives some traders unfair advantage. adam: is there a way to level the playing field and make both side happy? joining us in a fox business

exclusive, interactive brokers group chairman and founders, and one of the fathers of high frequency trading. and one of the problems that was brought up in michael lewis's book crash boys, was essentially front-running by high frequency traders. you have a proposal that would essentially end that? >> i do. adam: and that is? >> my proposal is that the sec should mandate all trading venues hold each liquidity removing order for a random period of time between 10 and 200 milliseconds. so what would that do? high frequency traders are often accused by front running other people's orders. what does that mean? an investor sees an offer of $20.05 for 500 shares and would like to take that offer, so he send in his order and by the time his order gets there, high

frequency -- adam: jumps ahead of him. >> just ahead of himming, took the offer and sells it to him for $20.06. the investor lost $5 lost five dollars and high frequency trader lost $5. but not a huge amount of money. adam: it adds up. >> high frequency traders extract from the market. cheryl: chicago fed made some proposals, we were just showing those to our viewers. what do you make of proposals that the chicago fed actually put forward any know you yourself also written to congress about this exact topic? >> i have written the proposal. i think it's a good proposal. i have two issues with it. one it is a bit too complex and expensive timely meant because it basically rebuilds the entire market infrastructure which is not necessary in my view. and also i think that my proposal which is much simpler

would attack more liquidity in the market. cheryl: there has been a lot of talk especially this week sec coming in and putting new regulations on high frequency trading. you say we need no more regulations? that things should stay as they are. >> i think that's right. we have to be very, very careful with regulations. we -- it is impossibility to comply with all the regulations. and, so, i think a simple proposal such as mine. enforcing brokers and financial advisors fiduciary duty would cede to all these problems. adam: what you said gets to the heart of the matter which is the dark pools. when the fed chicago fed's preproposal would push hidden orders to the back until more public orders have been executed 60 some odd dark pools out there, one , iex, which potentially will become a public

exchange. are they already doing what you're proposing by slowing down? >> i would slow down the dark pools also. all trading venues i would slow down. adam: without sec requirement. >> that's right. otherwise, look, dark pools are sometimes beneficial to investors. people don't necessarily want to show all the side they want to buy or sell. adam: pension fund wants to sell huge volume. >> they would like to hide their order. that is what dark pools are all about. that is fine. often in dark pools we get better price for our customers than the open market. cheryl: also too, recently, we had attorney general eric schneiderman in new york be also critical of high frequency trading. what do you think of that? more just fear of unknown? is this politics. what do you make of this? black -- look, high frequency

traders have different strategies. some are beneficial to the markets. some are abusive. the idea to keep the beneficial parts and get rid of the abusive part. that is what my proposal does, because i only would slow down liquidity removing order. not liquidity providing once and that's what we need high frequency traders for. providing liquidity. cheryl: had bart chilton on two days agoings and he said same thing. provide liquidity to the market. adam: thank you for joining us. it could be one of the more audacious hat attacks on the u.s. government. harvesting a treasure trove of information on tens of thousands of federal employees. we'll show what you happened and who may be responsible next. cheryl: talk about all tern tougher investment? how about investing in baseball superstar babe ruth? we have ceo of a auction company with unbelievable collectibles

available, 100 years after babe ruth's major league debut. ♪ x÷÷÷÷÷÷÷÷÷÷÷÷

cheryl: tomorrow marks the 100th anniversary of babe ruth's major league baseball debut. tomorrow, also the start of

perhaps the the greatest babe rh auction in history. golden auctions will sell 215 babe ruth items with combined sales price of get this, more than $6 million. adam: bet they get a lot more than that. should you think about putting collectibles in your investment portfolio? here is discuss this golden auctions and founder, ceo, ken golden. thanks for joining us. go to the baseball card. 1914 baltimore news babe ruth rookie card? you need 250 grand to get in on action? where might the bidding end on this. >> the last time this card sold was for 450,000. my anticipation is 600,000 but i truly believe that one day you will be looking at several million dollars for this card. based on the fact that it is babe ruth and that there are only 10 of them known to exist. cheryl: we should say, just overall, looking at potential value here for this action of $6 million with everything. and the promissoriry note i think is so interesting because

this is one of the hotter items that has been listed, promissoriry note for the yankees to red sox for payment of sale of babe ruth. there it is. >> exactly. everyone knows about the sales contract. originally sold for 99,000 in the early '90s. then sold for one million dollars at sotheby's about 10 years ago. would now be worth about 5 million. but this document is what the yankees actually used to the red sox. cheryl: yeah you. >> can see here signed by president of the yankees and red sox and was actually mailed to the red sox. no big deal. here is your promissoriry note. put in the mail and stamped 1919. cheryl: the minimum was 50. but going for 70,000, right? everything has been jumping up since this sale was announced. >> correct. the auction, the key with the auction it is live right now at golden auctions.com. anyone can go there to bid or monitor it. and then internet bidding end midnight on friday night tomorrow night. the auction is live at the

sports legend museum at 7:00 p.m. on saturday. adam: that promissoriry note, curiosity, wouldn't that come with a curse? think what happened to boston for some years. moving on. you have actually got a bat that, you know, this will go, tell me about the you have got the bambino's bat. why is this so valuable and how much do you expect it to go for? >> this is so historic because one of the few things in the hobby nobody knew existed this was found this past year in 150-year-old house outside of boston with two other game-used bats of teammates of babe ruth in the 1916 era. the bat sat there for 97 years untouched. the owners did not even know it was there we expect this bat. we were able to research louisville slugger records and verify this is a game used babe ruth bat. adam: how much did it weigh? no cork right? >> no cork. it is 35 and 7/8 inches long and 40.5 ounces which is pretty big

for pitcher in 1916. remember this is the dead ball era. we expect well quarter excess of quarter million perhaps, 500,000. one. two earliest known babe ruth bats in existence. cheryl: what do you make of this? this is fascinating to me. a-rod, derek jeter, other people, we celebrate somebody like babe ruth? why do you think people are so fascinated and bidding so substantially on these items right now? >> well, babe ruth is an american hero. he is american legend. what he did with the game was incredible. he was such a great person. he signed autographs for everybody. he cared about kids. visited people in hospitals. but he was also a fun-loving guy. oh by the way he was so far better than anybody else in sports. in 1920, the year that he first played for the yankees, he hit 54 home runs. the next closest person in all of baseball, hit 19 home runs. that is like basketball player

today averaging 75 points a game. cheryl: probably did all of that with no, no help. adam: chemical enhancing devices. >> exactly. probably with a hangover. adam: one, two. i don't think i can take part, three, four. cheryl: ken, thank you very much. adam: i got ken bucks, ken. >> thank you so much. cheryl: hackers broke into highly sensitive government files earlier this year. rich edson has details what information was compromised as well as who could behind those attacks. adam: ever wish you had super powers? a new app for google allows users to control a product using a form of mind control. we'll tell you how it works when we go "off the desk." cheryl: one dow component has seen the short interest rise 165% in the past month. we'll tell you which one is straight ahead.

adam: just as treasury secretary jack lew visits china this week new reports out today that chinese hackers may have accessed a highly sensitive u.s. government network.

cheryl: rich edson is live in washington with details on this latest hack. rich? >> department of homeland security official says investigators learn of a possible breach in mid-march of the office of personal management's network. opm as it is called, is basically hr department for the federal government. its network contains valuable personal information about government employees and u.s. is reportedly looking at chinese hackers. the official says the investigation has yet to uncover the loss of any sensitive information. "the new york times" reports that the u.s. is focusing on china. though the administration refuses to comment on that. cyber hack something an issue. secretary of state john kerry also in beijing says he discussed with his chinese counterparts, again. one analyst says these repeated government intrusions are becoming a wake-up call for the private sector. >> you're looking at the accountants that, chartered accountants in the word, auditing firms, now say, when we do your annual audit if you're

publicly-traded company we should build cyber risk into that. next year or two we'll see a big change in corporate practice that leads better to cybersecurity. not good enough but it will be better. >> for china to halt the cyber campaign against american businesses will take pressure from more than just the united states. coordinating that international pressure is many about more difficult especially over nsa spying revelations and recent reports overu.s. spying in germany. back to you. cheryl: thank you, rich. adam: maybe they have the lois lerner emails there in china. thank you, rich. cheryl: hire a russian kid to find those things. an ignition switch fault that accused at least a dozen deaths could put you at risk even if you don't own a gm vehicle. gerri you have a big special how safe safe a super is driving any car. >> we're dying digging into the gm story, looking at any angle. we're starting starting with a g

woman, laura, 27, was set to graduate in march. she never did because she was killed in a gm car. we'll be taking a look at that, that is for sure. we'll be looking at new estimates how many people might have died. it could be as many as we reveal tonight, 5,000 people that died in gm cars. new estimates come out all the time. we'll talk to ken feinberg. we'll talk to a whistle-blower. we'll talk to all kinds of folks. victims, families of victims who can illuminate this story and let me tell you. gm recalled 17 times more cars than they have sold. when you're out there driving tonight you have a good chance being on the one with one of them if not driving it themselves. one of three cars on the road gm cars. guys? cheryl: gerri willis thank you so much. catch the entire one hour special coming up at the top of the hour. that is 5:00 p.m. eastern time here on fox business. move over argentina and

germany. we'll tell you about a very different team in brazil that is preparing to become the soccer champion of the world. adam: if you believe google glass is the ultimate in wearable technology, think again. there is a tech company that may just blow your mind. details coming up.

adam: get ready for alibaba. the road show according to dow jones will come at the end of this month, possibly end of july. there will be 180-day lockup after the ipo. according to dow jones, an email has gone out to select investors about the timing of the ipo. so the major one out of this right now, expecting the alibaba road show by the end of this month. investors appear to be getting bearish on shares of home depot. the dow component has seen the number of short positions on its stock jump 165% over the past month to 30.6 million shares. that is up from 11.6 million on

june 13th. despite the big jump it represents 2.24% short interest. the stock is down more than 2% since last month. >> let's go "off the desk." everybody is talking about the world cup, argentina's penalty kicks yesterday, germany's blowout win against brazil. one world cup team managed to stay out of limelight and it is made up of robots. there was a soccer robot tournament called robo cup. the games start after the human soccer matches end though the robot soccer skills currently resemble well of five-year-olds. adam: also "off the desk," google glass is not technology enough, allows google glass wear remembers to control the device using their minds. they call it great sarnak. called mind reader it attaches on to google glass. the app's makers claim with concentration and relaxation users can snap photos to share

them with social media platforms with their thoughts. thank you, skynet. >> that is it for us. a very special edition of "the willis report" is coming up next. gerri: hello, everyone, i'm gerri willis. thanks for joining us. for the next hour we're going to be investigating one of the most critically important consumer stories of the day, one that touches all of us. gm recall, how safe are we? we're expecting the latest on the deadly recall and how it affects everyone on the road. also, victim families are here. >> why compensation can bring my daughter back? >> they should be held accountable. gerri: should they take the compensation or press on with criminal case? we have exclusive demonstration that you will only see here. >> stay relaxed. it is very simple to restart the car. gerri: we'll investigate the national highway