split. [closing bell ringing] >> that's right. that was up six 1/2%. liz: put it in the record books as these numbers settle. if russell stays above the flat line. david: it is by 3.5 points, we have ourselves another record. dow didn't quite make it. bells playing on wall street. look at the nasdaq. nasdaq at 497, just 13 points away from 5000, david. >> j.c. parets says now is the screaming buy time for social stocks. liz: "after the bell" starts right now. david: we do have those earnings coming in any moment now but let's break down today's action so far with time lieden, from global trends investments. he tells us why it is time to move away from large cap stocks.

rob is from jensen investment, calling for a rate hike before the end of the year. he has three plays ways to play it. alan knuckman in pits of cme. is this all about inflation which is way down again? >> it is really about the dollar. the dollar surged. euro currency down to 1.12 level. flirting with the recent lows at end of january. that put pressure on crude. for crude this is the only the third session in the month of february that closed below $50. that is an important pivot. i want you to step back look at things on weekly basis. look where we are at the end of the week. that is very important. liz: indeed. great for consumers when the chart starts to tick downward, tom. talk about how it affects the overall picture for the markets. we saw another record for the russell 2000. how much conviction is behind stocks at the moment in the u.s.?

>> liz, i feel like i'm a broken record but you got to remain bullish. 4% decline in oil, keeping oil below $50 a barrel, that infuses extra money in your pocket for average investor and american. liz: one quick second, tom. we have gap numbers. jo ling kent has them. >> liz, that's right. we have a beat on eps. we have revenue coming in meeting street expectations coming in at $4.71 billion. the headlines from this earns report, one billion dollar share buyback from gap. same-store sales up 2%. we're seeing decent sales at old navy globally. that is of course their lower end fashion line. so we're looking at decent earnings report from gap. they beat on eps and they meet on revenue. liz: how about this, gap is seeing negative impact, david of about four percentage points due to delayed merchandise receipts

at west coast port situation. david: the ports are hanging in there causing trouble all over the place although the stock is holding its own. it is up just a tick. keep in mind the gap shares have fallen. they have fallen 4.2% this year. down about 8% over the past 12 months. so it is time for an uptick in gap. rock, i want to go to you -- rob i want to go to you talk about what may be affecting stocks in general and that is concern about interest rates. we had another fed governor on earlier today with maria suggesting we'll have full employment by end of the year and probably a rate cut before then. what do you think? >> certainly full employment would be good news after seven years of very trying economic times, wouldn't it, david? i think the reason the fed is indicating interest rates likely to rise. not a question of, it is when, because the economy is fundamentally sound but that might put stress on companies that led the charge in the

recent bull market. perhaps an opportunity for investors to become more defensive on the potential downside there. liz: well, that is the thing. protecting yourself on the downside. alan knuckman, we finished talking about puts and calls, i just wonder if you're looking at the market and individual names in your portfolio and you know interest rates are going to tighten, is that necessarily a thing that will be negative for stocks? >> no, not at all. i think market could react postively because the elephant is out of the room. liz: yeah. >> we've been talking about this exhaustively for years and years. a rate hike of a quarter of a percent, who cares? time to get more defensive because we've had such a move in three weeks, i'm looking at dow stocks that have been dogs. looking at coca-cola, microsoft and ge. ge has been getting a lot of interesting attention in the options puts lately. a lot of unusual option activity. that is sign that smart money is

looking at moves. liz: such as what? >> they're looking at april 26 calls, buying 40,000 of those options. ge was number two most traded option contract yesterday in the equity market. it has been a stock stuck between 24 and 27. it has really done absolutely nothing. someone has feeling, strong opinion that some move is coming. a breakout above 28 is 32, which is about 20% higher. there is no risk in ge because it hasn't rallied with the market. i think there is more risk/reward potential in stocks like those. david: on the other hand, tom lieden is a little suspicious of big cap stocks now. why, tom? >> multiglobal, with currency fluctuation in developed countries it is more expensive for them to import our products, however, it does not mean it may not continue. however the biggest thing, if i take a second, we talk about janet yellen the fact she will

be pull being the trigger, if you don't start making moves on the fixed income side between now and then, you will get burnt. there is one rock star that just entered the etf space, jeff dunlop, who entered with his own etf, partnered with state street this week. the state street double line total return tactical etf. david: tell us specifically, tell us what is in that etf. what kind of stocks are we talking? >> well, you're talking about all different types of bonds, not just conventional bonds with corporate and treasurys. david: bond etf. >> you have sovereign debt. you have emerging market high yield. those types of things where he can decide whether he is all-in or out. so totl. something to think because we haven't had this much excitement, especially in the fixed income etf area. liz: if you're less inclined to go with the large caps rob is going with pretty big names. rob you like dupont, you like

accenture, unitedhealth group. why are you unafraid in those realms? >> the important thing we own companies with proven business models and very good returns on equity. so we build the portfolio one company at a time. as we think about big needle movers long term investors need to focus on, dupont, if you think about expertise in science, technology, feeding the world, we think that is a very compelling case. the same with accenture which leverages its expertise in globalization, technology expertise. liz: right. >> and business productivity, very, very compelling for the long term investors. liz: good chart. >> less interest rate sensitive. david: alan knuckman, this is the end of the chinese new year. folks in hong kong, elsewhere in asia are back. they're apparently buying gold. we suggested this may happen last week when gold was way down. maybe then was the time to get into it. without buying from china would gold have been down today?

in fact some people suggesting it would have down big time without the buy from china. what do you say? >> i don't know who exactly is in play right now but the year of the sheep in case you're wondering. david: good to know. golden fleece. remember that. >> the more importantly to me how the market reacted with the strength of the dollar, gold was still positive holding above 1200. i think the risk is down to 1185. if we get back to 1225 you could see another round of short-covering. remember how that played into the marketplace a couple months ago. when everybody was getting short on gold it bounced up. i think psychology is ready for that one more time. david: interesting. liz: tom, what would you completely stay away from? >> right now i think utilities are in kind of a tough situation. again, when you think about interest rates and average investor, liz, just isn't prepared because we haven't seen it so long. yes, there is equity risk but earnings in general seem pretty good. i'm a little less optimistic

about large cap. i really like small cap and i really like mid-cap right now because they will revert to the mean. liz: god, i hate interrupting tom. this is twice. we have jcpenney. sorry, tom. how did they do? >> jcpenney big miss on eps. earned nothing per share. the street was looking for 11 cents. revenue came in $3.89 billion. that is a beat of 3.87 the street was looking for. their store comps are up 4.4%. looking ahead to 2015, jcpenney says they plan to see three to 5% same-store sales traffic increase. so, slightly better news there but jcp really missing on eps. david: by the way we should mention there the stock is up 40% year-to-date. of course it had been beaten down terribly. our guy j.c. parets will be along get into, suggest you got in before the 40% pop. he was right on target. rob, let me ask about the

consumer. we've seen better numbers with regard to wages by the consumer. of course they have more money in their pocket because of the gasoline savings but, hasn't really translated to a lot of buying, has it? >> not a huge amount yet. i think we've been through such a difficult period, david, with the great recession and financial crisis, people are focused on repaying debt. having said that, the outlook we believe certainly for the u.s. economy is fundamentally sound. certainly compared to the routes that the europeans took with austerity. so i think, longer term we're good but again, within the market exposure that investors look for, perhaps a time to be a little bit more defensive buying higher quality companies. liz: always, right? david: absolutely. liz: good to see awe of you. david: tom, alan knuckman we're back with you in couple minutes when s&p futures close. thank you, guys. liz: from hedge funds to buying a hockey team. now to expanding into a huge real estate project we have got

the owner of the tampa bay lightning and part owner of the boston red sox, why he is turning his attention into real estate. david: sounds like a good bet. the fcc voted to regulate the internet. they did so this morning. it will have ripple effects all over the industry and all over the economy. we'll talk to one of two commissioners who voted against doing what the majority voted coming up. liz: mariah carey, nicki minaj, shaquille o'neil, just a few names that sell products on hsn and for good reason. that company, that channel, shipping 47 million orders last year. how do they keep their audience coming back for more? the supersecret tricks from the president bill brand straight ahead. ♪ but at t. rowe price, we've helped guide our clients through good times and bad. our experienced investment professionals are one reason over 85% of our mutual funds beat their

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david: 20 seconds after the close of s&p futures head back to alan knuckman. any signs of what might happen tomorrow? >> whole lot of nothing. unchanged after all that. they say never sell quiet market. buyers step up, to breakout point of 2100. everything remains solid but we did not make new highs. that is the big news. liz: s&p did not. thank you, alan knuckman. david: from working for the

world's largest mutual fund, to starting his own hedge fund to owning a hockey team, arena football team and minority stake in the boss 10 red sox, he has done it all. there is a lot he is waiting to do as well. >> what else could he possibly do, david? how about this? he is working on massive one billion dollar transformation of tampa's waterfront. jeff finik strategic property founder, joins us now. i am all glitery eyed because i'm a huge hockey fan. looking you own the tampa bay lightning, why not bring people in for a whole experience. talk about the project you're working on and why it is important for you to rehabilitate this waterfront area. >> thank you. thank you for allowing me to appear on the show. liz: sure. >> i bought the tampa bay lightning five years ago. we made very good progress of goal becoming a world class franchise. when i bought the steam i was

able to buy a little bit of real estate on either side of the arena. over time we bought 30-acres of real estate. we. most of it is vacant parking lots. we have unusual, in downtown tampa, 40-acres of land owned and controlled by one party, surrounded by water on three sides, a virtual blank canvas for building something and creating a mixed use development with office, residential, retail, hospitality, university of south florida school of medicine and health heart institute. this will be a mixed use development that is great for local people and also for tourists, visitors to the area. david: jeff, you not only put your money where your mouth is but you also put your family where your ideas are. you moved your family from boston in 2012 down to tampa. i know you're not missing the weather, particularly this year but there must be some things has that boston doesn't --

tampa bay doesn't. boston bigger in arts. what does boston that you like to bring to tampa to put in this development? >> you know, tampa bay is a buy. boston is a great place. i loved living there but this area down here the last five years have been the best five years of my life. bought the team five years ago. moved here 2 1/2 years ago. my wife, my family. we all absolutely love it. quality of life here, don't underestimate how difference that makes versus new england for some years. midwest, other areas, great quality of life here. weather is good. commuting times are reasonable. cultural is very good. david: must be missing something compared to boston. what is it missing that you would like to bring there? >> we like to make it bigger and better. we think we're creating in downtown tampa, a great gathering spot. boston has several of them.

st. petersburgs is great area. we think there is need a local gathering spot on 40-acres where people will come. they will come to have a glass of wine, a beautiful jazz club at night, have indidder a place where people can gather right on the water. liz: missing, 90 inches of snow in three weeks. can you imagine? listen, what you've done with the team is pretty spectacular. right now you're second in the atlantic division. you're looking at just beating the montreal canadians. that is not the easiest thing to do but the deem is looking good. how do you translate what you did in your previous life, running fidelity's magellan fund, the largest fund out there? to make that shift is pretty interesting, isn't it? you need a skillset. >> common sense helps but, in any kind of business, whether you're running money or being owner of a hockey team or developing real estate, a couple things that are critically important. one besides always trying to

conduct yourself with integrity, having great people around. now i'm not an expert in hockey. i can't pick the best hockey players but i hired the guy, steveyzerman, one of the best picking hockey players. liz: exactly. >> we go to real estate, our manager todd is great in sports and general manager. it is aligning ourselves and learning. i spent a lot of time learning, a lot of time reading textbooks on urban development, urban design, meeting with people, surrounding ourselves with experts. that is how we create something memorable for tampa and generation to come. david: jeff vin nick, thank you for the very best luck in doing so. you have a lot of common sense. i'm sure this will be a success as well. thanks a million for coming on. please come back with us. >> anytime. thank you. david: appreciate it. >> look out for vinnie viola of virtu. he owns the florida panthers. two financial guys battling it out with hockey in florida.

>> there are a lot of financial owners in the nhl. good guys. david: enjoy tampa. we'll ship you snow so you don't feel too left out. liz: i know you want that? >> i had enough in my life. that's okay. david: i can imagine. liz: thank you, jeff. retailer hsn on quite a tear after completing 47 million shipments in 2014 of all kinds of stuff. so what surprises does hsn have up its sleeve this year? try original content? yeah, orange is the new, let's buy? we talk to the company's president next. david: what surprises does the fcc have up its sleeve? we still don't know. even after they voted in favor of regulating the internet, the details are still secret. what does this mean for you and me? what does it mean for the way things are being run in terms of regulation in this country? we'll talk to one of the f-cc's voting commissioners, michael

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for tomorrow is another fight. the 2015 m-class. see your authorized dealer for exceptional offers through mercedes-benz financial services. >> market drivers brought to you by mercedes-benz, the best or nothing. david: time for a look at today's market drivers. the russell 2000 closes at a record high again for the fifth day in a row, posting its longest streak of record closes in 19 months. the nasdaq finished a five-year high. unemployment benefit claims rose higher than expected, climbing 31,000 to seasonally adjusted 313,000. oil tumbling to the lowest level in a month. crude closes down 5 1/2% at 48.17 a barrel. liz? liz: serena williams, wolfgang puck, wendy williams, just a few celebrity names that turned to

hsn to sell their products. why did they do it? because consumers absolutely love it and numbers show. last year the company had 16,000 new products and more than 47 million shipments. up next hsn will be putting out a cinderella inspired collection. ahead of the movie's release. what else can we expect from hsn this year? joining us in a fox business exclusive, hsn president bill brandt. 47 million things that were shipped. that seems like a great sales number, right? >> absolutely, liz. we're proud of the work we're doing at hsn the results speak for themselves. we had a record-breaking year last year. we reported earnings this morning. our customer is engaged, showing up and shopping. >> surely you have guys buying a bunch stuff. >> we have a few guys. mostly women. 90% of the customers are female. catch herself with she and her. go along with me, this woman is

engaged consumer, she is a smart shopper and loves what we're doing at hsn. liz: i look at hsn, you could go on there, and i did, especially during "maleficient." you had a lot of products and rings, interesting jewelry working in with the movie. now you're doing "cinderella." this is interesting. like mcdonald's happy meals, "finding nemo" toys in there. is that what you're doing these days? >> not as direct as licensed product in a happy meal but inspired product from the spirit of the movie. our team at hsn, they actually go on the movie set, they meet with the style its, the costume directors, actress, the actors, and they bring that information back and create collections around it. it is what we just did. liz: it is propry tear ray that way. you had the supermodel. she looked at this movie and creating with her own eyes, we can show some products that are

available. i have to ask you, how affected were you by the ports problem on the west coast? if you're shipping 47 million things, some of these things have to be made overseas? do you see any effect of that? >> we had very little impact with the port. we're pleased issue is resolved. for the most part we operate our business real time. we could manage around it. so our supply chain team did a fabulous job. it has been resolved. liz: here is the pedal skirt and daphne shell blouse. >> this, what we do build partnerships n case of entertainment, disney, we have three-year embedded relationship. we're the marketing partner for the opening of the movie. we have expertise in talking to women in marketing. our customers not just shop with us, they see the movie. disney proven that out. we're now a long term partners of disney. we're working on a movie for next may. liz: you guys are looking for the next iteration. you're doing original content,

is that correct? you're doing variety shows? what is going on? what is that? explain. >> my background, liz, is entertainment. i joined hsn because i love to tell stories and the idea in retail it is about creating experiences and truly about story telling. if it is variety show like monday night show with adam freeman. like jimmy fallon meets home shopping. it is discovery, it is exciting, it is new. you're point is right, what differentiates us from any other retailer? it is content. we're creating amazing content-rich experiences, on tv, on digital which makes up 40% of our sales, and on mobile phones. 20% of our sales. liz: could you submit for an emmy? will it come to that? >> one of my colleagues is a member, we have submitted in the past in technology space. don't put it past us. i believe work we're doing is award winning and groundbreaking. liz: i'm really hurt you said your background is in enter

tearment. your background is in local news. this guy was my first producer at wfyx, channel 6, columbus ohio. i'm so proud. >> thanks, liz. liz: imso proud of him. my goodness, bill brand, now the president of hsn doing just fine. good to see you. >> thank you, liz. david: good-bye, columbus. >> saying that a lot. david: fcc approved new rules to regulate the intern it has not released the actual 300 page proposal? what is up with that? why are we in the dark? what is going on? we will talk with a fcc commissioner who voted against regulating the internet. he will come up after the break. liz: the charts are screaming one area of technology is big buy. which area? guess what, of course we'll tell you which one and how to play it. that's next. ♪ you total your brand new car. nobody's hurt,but there will still be pain.

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the united states population is going to grow by over 90 million peoplever the next 40 years and almost all the growth is going to be in cities. what's the healthiest and best way for them to grow so that they really become cauldrons of prosperity and cities of opportunity? what we have found is that if that family is moved info safe, clean, affordable housing, places that have access to great school systems, access to jobs and multiple transportation modes then neighborhood begins to thrive and really really take off. the oxygen of community redevelopment is financing

and all this rebuilding that happened could not have happened without organizations like citi. citi has formed a partnership with our company so that we can take all the lessons from the revitalization of urban america to other cities so we are now working in chicago, and in washington d.c., and newark. it's amazing how important safe affordable housing is to the future of our society. david: well they did it. the fcc voted to regulate the internet like a utility today, which will give them the power to decide what charges and what content is, quote, just and reasonable. this under title ii. two of the five commissioners on the fcc voted against the new regulations. one of those disenters joins me now. fcc commissioner michael o'reilly. commissioner, thank you for coming in. the fcc is supposed to be an independent agency but the

white house took a very active role in creating these rules, most of which we still don't know what's in there. here's what your republican colleagues said earlier, a couple weeks ago. he said, the white house and particularly white house aides have been running a parallel fcc. would you agree with that? >> i believe that this administration had undue influence on this item we just adopted today. i think it is unprecedented in my 20 years experience. i think it is problematic going forward for our independent agency and what it means for internet and internet experience of consumers. david: tom wheeler, lead commissioner, sort of lead guy promoting new regulations, do you think he felt bullied even though democrat and ally of the president? >> well i think you can read, found a number of stories that indicated that he had a different path that he was headed on. until the president and administration weighed in and they then switched course. that did have influence in terms

of my take on this, because he did change course because of that. so he did have to change where he was going. david: wow. now the secrecy of these regulations is has no precedent either. it is just remarkable. in fact even barack obama, when he was a senator, back in 2007, spoke against kind of secrecy that surrounded these new rules and regulation. he said, and i quote him, congress and the public have the right to review any specific proposal and decide whether or not it constitutes sound policy. now clearly times have changed. doesn't believe that anymore. i understand there are still secret, even though they voted in favor of the regulation, we the public still can't see them. is that right? >> that's right. we adopted rules this morning but they won't be available for days or potentially weeks. this is something that is problematic from my viewpoint. i advocated we make those items publicly available when circulated to commissioners which occurs three weeks before a meeting.

so i think we should that with all open meeting items. that would occur, especially in this case talking about such an important item. david: now we can glean a little bit, based on what tom wheeler, commissioner wheeler said. >> sure. >> he wrote a piece in wired magazine a couple weeks ago. he said my proposal includes a general conduct rule that can be used to stop new and novel threats to the internet. a lot of people are concerned what that means, or what might end up meaning the fcc will have some control over content on the internet. of course they don't now. does that concern you? >> no, it absolutely does concern me because of the breadth of rules we adopted today could go to every aspect of the internet. when you're talking about the impact, not only deployment, it is investment. investment leads to consumer experiences. so i am extremely worried how far and how engaged the commission will be on the entire aspect of the internet. david: what happens, i mean one of the great things about the

free flow of information and ideas and new projects on the ininternet, it grows and develops organically. that may stop now. >> well, it certainly can be pinch by our actions today. you highlighted general conduct rule, so amore furs and so vague, it will give the commission broad authority to look at every aspect of the internet wife i don't remember by a broadband provider that will have the impact on what the internet looks like going forward. david: what happens now -- we know there have been attempts to do similar, not as broad as this attempts by fcc before. they were taken to court. >> that's right. david: as i understand it twice courts rejected those proposals. are they likely to reject them this time? >> yes. all indications are that broadband providers, a number of different sectors will challenge these decision, challenge our decision today in court in very near future. david: and one final question, the republicans, for my money their response has been pretty

halfhearted. we had john thune, senator, talk about why he is not going to be challenging this by congressional vote. he said it look, unless we can get any democrats we're not even going to bother to bring it to them. does it bother you republicans are not doing more to object to these new rulings? >> i think senator thune has been a leader on this issue. i think he is pointing out realities of what how congress is operating at this moment but he has been strongly concerned about the impacts of our decision and going forward. i know we'll have a congressional hearing in a couple weeks that will get to articulate these views and his views stronger going forward. david: fcc commissioner michael o'rielly, commissioner, thank you very much for coming. >> thank you so much for your time. david: please come back again. >> absolutely. david: we've been asking you by the way if you think the fcc got it right or wrong today? dave said it is purely political. has nothing to do with technical or other soundness there.

is still time to join the conversation. send us a message or facebook or tweet us. more of your answers coming up. liz? david: makes you wonder if the fcc is truly independent anymore. david: clearly not according to the commissioner. liz: coming up is it time to friend social media stocks? next we'll talk to somebody who is putting his own money to work in this space for a very important reason. david: plus the kardashians. they are scoring a massive record-breaking tv deal. even if you're sick of hearing about the kardashians. wait until you hear how much and what way their roles on tv will expand. liz: jeff flock tells about a new alternative investment that has farmers leaving corn and cattle behind. hi, jeff. >> it is harvest time here in the midwest. i will tell you, liz, there is a bumper crop of, you said it, shrimp. shrimp from the shrimp capital of america, rye waa, no. illinois, no. indiana! stay tuned. in my world, wall isn't a street.

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whatever, janet. for all the confidence you need td ameritrade. you got this. >> i like internet themes. extremely bullish. there is the dow jones internet index and etf on that, fdn. liz: that was j.c. parets last

week recommending social media stocks based on no emotion. just simply technical indicators, at his recommendation the ftn hit 52-week high today. once again thefy nailed it. j.c. parets, eagle bay capital founder. always good to see you. >> always a pleasure, david. david: i want to ask you to first pull back to look generally at markets, if markets are not doing well, social media will be hurt. do you think markets are toppy or is in fact room to move? >> i like the markets. we were on with liz last week, over all since november. markets gone nowhere. nasdaq 100, dow industrials the, s&p 500 went nowhere for three months but underneath the surface you had sector rotation. you had some beat up sectors like energy for example, stablizing. leaders like health care and technology and consumer discretionary breaking out to new highs.

when you see that simultaneously, very difficult to be bearish. liz: what is it you see in the technicals, in the charts that makes you now so bullish specifically social media stocks which actually had a pretty good run-up, depending on the name? >> we started with the internet stocks, right? we were talking about last week. love them breaking out of a monster base. pretty much gone up every single day two weeks. those names led by google, netflix and ebay. these are chinese social media stocks, linked in, twitter, yelp. if you draw a trend line from the fourth quarter last year. we broke out of that and breaking out as we speak. there is something very special going on. prices actually trending higher. below sloping 200 day moving average. momentum is the to the upside. i think we'll go a lot higher. i think social media stocks same

thing as internet. have. we get back to the highs. david: we have gap and go. guide us through the gap and go. this is one of my favorite formations. when you have former resistance, overhead supply, this is very clear. this is just an example. sellers here, sellers here and walk in and prices gap above all those levels. we know sellers are no longer in control, at this point demand exceeds supply. that is one of the most bullish formation west see. i'm glad you guys definitely pointing that out. >> pull out the social media stock, that is facebook. facebook up 16% over the past year. why do you feel there is that much more momentum to go? >> this is example in the past from 2012 to last year. of that gap and go. you had resistance end of 2012. resistance in 2013.

earnings gap above the levels. the rest we say is history. this is great example at this point today, we don't have a facebook chart in front of us here. it has been consolidating very nicely like some other indexes we were talking about. i think facebook could see 100 bucks. david: look at smaller stock, linkedin. you see interesting movement there as well. >> yep. exact same story. we have overhead supply in 2013. sure enough we get a gap beginning in february above that level. there is the gap and to. best part, david, remember this is not about being right. this is about making money. there are no egos. the best part about these setups, risk management becomes so simple. we only want to be long linkedin above overhead supply. beyond that all bets are off. linkedin we have flag consolidation. some technicians call it a bullish flag. but at end of the day we're consolidating here. think we're off to the races. liz: love it. david: j.c., as usual. just technical analysis. that's it.

just the facts, ma'am. liz: j.c. parets. david: shrimp farms popping up all over the country in rapid rates. why are farmers interested in getting into that business? liz: jeff flock joins us from a farm in indiana. jeff? >> because shrimp prices are good even though coin and soybeans are not. i have darrell and carlina that brown, we're in the middle of indiana here. darrell, could you scoop shrimp out of here. take a look at this. i asked him to bring some to the surface so we can see better. they are raising, that one, hit me in the nose. whoops. not going to get that. oh, man, this guy is not cooperating. i may have to, there he goes, back in the tank, sorry. 4,000 each in these tanks. you used to raise hogs, now you raise shrimp? >> yes, we do. >> saltwater shrimp are a lot easier to raise than hogs. >> this is very lucrative, because the price of shrimp and demand tremendous.

darrell, we'll get a year this year, talk about how live these things are, very live, this year prices for corn and beans will be terrible. you plant corn and beans you will lose money. this is a great hedge. >> yeah. shrimp is always a good bet. >> the thing is, we don't make enough shrimp now. there are not enough shrimp out in the wild. these are swimming pools. you take a look at them. there are 20 swimming pools, right. >> yep. >> 4 or 5,000 in there? >> 4,000 in the small and 8,000 in the larger tank. >> middle of indiana. there are 25 shrimp farms like this around the u.s. it is growing all the time. >> ingenius. david: i hope we cook that before we eat it after he fell on the floor. liz: throw him back. why is this guy handling me? david: want him as a pet. thank you, jeff. liz: jeff flock. coming up we hear from san francisco fed president john

williams, speaking exclusively on from fox business on federal reserve timeline to raise rates. david: he made news. the famous kardashian plan signing a record breaking deal to stay with e! details next. liz: "strange inheritance," new prime time show such a hit. we'll give you more. closer behind-the-scenes look at each story of "strange inheritance unpacked." the show premiers tonight at 9:30 p.m. eastern. >> hi, everybody, i'm gerri willis. coming up on my show at the top of the hour, a student debt strike. students refusing to pay back student loans and sticking taxpayers with the bill. that is one of the big stories coming up on "the willis report" in just a few minutes. ♪ we can help guide your retirement savings. our experience is one reason 100% of our retirement funds beat their 10-year lipper averages. so wherever your long-term goals take you, we can help you feel confident. request a prospectus or summary prospectus with investment

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david: it may not be you but a lot of people can't get enough of kardashians. they're making history yet again with their new contract with e! network. gerri: they signed the largest reality tv contract to date, ever. jo ling kent joining us with the scoop on real huge deal. jo? >> there is a lot of back and forth on the deal, when it comes to the kardashians, bigger is always better. according to the post, matriarch kris jenner and five daughters inked a record 100 million-dollar deal with the e! network for four years of reality tv. makes it the biggest deal. the contract includes four more

seasons of keeping up with the kardashians plus other spin-offs. it does not apparently include bruce jenner leaving after this current 10th season of the show to focus on his own media brand. not just kim k and company reaping financial benefits of this deal. show creator ryan seacrest cashing in. comcast and e! yet to comment to the fox business network. we want to report "the hollywood reporter" says nbc-universal them that this 100 million-dollar deal is grossly inaccurate. regardless the money is in social media, guys. comes with the kardashians. kim k has 27 million followers on instagram, 30 million on twitter. the entire phamly, they have 80 million followers on twitter collectively. kim k can reportedly bring in $15,000 a tweet. we're watching comcast which was down slightly on the day. dave? david: jo ling kent, thank you very much. some people need to know this stuff.

liz: they're good business women, definitely. david: texas congressman roger williams introducing a bill to award the late chris kyle, the real life "american sniper" the medal of honor. he talked to stuart varney about the importance of honoring our vets as part of our fox business rewind. >> well, i think he deserves it because he is truly it an american hero. he saved countless american lives during his four tours in afghanistan and i think it comes at a good time too, let's people in america, soldiers, bet as brightest we appreciate them the job they do and we love them. >> the important point i would make, we can't wait until inflation is back to 2% and we're at full employment before we start removing accommodation. we have enormous amount of monetary accommodation in place. $4 trillion of assets on our balance sheets. interest rates essentially at zero for six years. that was totally appropriate policy. big supporter what we've done. that said we need to start removing some of that

accommodation in advance of being full employment, being at 2% innation because of lags in monetary policy. liz: catch all of today's interviews on foxbusiness.com. david: now we have been asking you about today's decision by the fcc to regulate the internet. did they get it right or not? our friend todd horowitz says the fcc got it right if you want to pay higher prices, and if you want the government to spend more. uncle sam want as bigger slice of the tech pie. liz: terri says, hell no, those that like it don't know what is in it. david: we'll go over earnings numbers after-hours. we have two very different-looking charts here of the gap is trading up a little bit but jcpenney as you can see, way down, 9 1/2% loss from where it ended the day. jcpenney remember had a big bump over the past several months. it has been up 40% since j.c. parets told you to buy it.

it is taking a hit today. liz: gap moving slightly higher. jcpenney free cash flow will be flat. not good. david: "the willis report" is coming next. we'll see you tomorrow. gerri: hello, everybody, i'm gerri willis and this is "the willis report," the show where consumers are our business. a disasterous new plan being pushed by the white house, allowing the jobless to pull up to $50,000 a year from retirement accounts with zero penalties. dangerous revolt sparked by democrats in washington. >> we're crushing kids under student loan debt. we must make sure that education is affordable. gerri: people are refusing to pay back their student loans. instead sticking you with the bill. the republican alternative to obamacare. >> the republicans will have a moment of leverage. they have an opportunity to drive meaningful reform of obamacare through. >> the architect of that plan is here, senator john