>> book and forth is intel. they're cutting guidance. that is under pressure. [closing bell ringing] liz: we're watching lumber liquidators very closely here. bullish day on embattled stock. bells ring on wall street. we take a look at all the numbers here. if you see the russell 2000 to the far right. that is largest percentage gainer. up 1 and 3/4% for did people saw weaker than expected retail sales number and maybe janet yellen will not bear down on rate tightening in june? who knows, david. david: you had good jobs numbers. good news, bad news. but just the right mix for a pop in the market. >> "after the bell" starts right now. david: getting right into today's action, dls capital's david steinberg. he will tell investors where to find companies that still have attractive valuations.

tim courtney wants to help you find cheap market that will offer most rewards. scott bauer at cme. scott, let's play through the retail sales numbers affecting markets. emphasizing, these were the worst year-over-year numbers since 2009. that makes it a lot harder for fed to raise rate this is summer. markets like that. is that what led to the pop in market? >> you said it a minute ago, good news, bad news, perfect mix of it. that is exactly what we had. that number put in many investors minds the fed will not raise rates. stress test by goldman sachs, jp. it was a perfect mix. not only that there was a little bit of a short squeeze. i watched trades go on. going on to mid-morning when the dow really hadn't kicked into second gear yet today, there were still a lot of shorts out there. like all of sudden the shorts started covering. from that point on i would say

10:30 our time here in chicago, from that point on it, was this motor upward and it was a lot of short-covering but like you said it really was the perfect storm out there, perfect mix. any other given day, david, that same mix could have caused the market to go down. i think it came at right time there was a lot of pessimism, that short-covering is really what propelled that. liz: you know what today is today? it is tim courtney's day. tim loves small caps t was really russell 2000 shown quite brightly where on a day a lot of crosscurrents for news, correct? why and how is that the index to go into for nearer future, at least next couple points? >> first, small caps, if you go back to last year, 2014, large caps were setting records towards the end of the year. every week it seemed the s&p was setting a new record. the small caps didn't have that last year. they peaked out really in,

closer to june and july. and had a really big pullback. they actually went into correction territory down 15%. it is a good sign when you see small caps leading way back, generally when you have expanding market, small caps and value stocks are ones that lead the way out. they are clearly ones that are cheaper. they're more attractively priced. when you see the small cap doing better, that portends larger market gains are coming. david: david steinberg, another thing affected markets in positive way. the dollar came down a tick. the dollar has been very strong. that is a burden for big companies that have to try to sell higher priced goods because of the dollar overseas. but it could go higher. there is is every indication that folks over in europe will send their currency lower. our, even if they don't tighten, if they don't raise rates in the summer, we're still in relation to what they do overseas

tightening which could lead to higher dollar. >> yeah. this is momentum trade as dollar moves higher t will be more modest pressure on earnings of multinationals. that is the way the game works. gives united states purchasing power. at same time it's a achilles heel. for germans and japanese they can export better. eventually the dollar will run its course. it could go quite higher. nasdaq ran away in early two thousands. it will fall from its own weight. that could be much higher from here. we'll see how it plays itself out. i wouldn't worry about the interest rates. that is dollar. it can't raise rates if they raise them at all. we're running on leveraged economies. liz: let's dovetail with scott.

looking on floor earlier this morning, we saw dax in germany up nearly 3%. the cac in paris was up it and a third. the worry wasn't there today. did that help our markets? >> it was like 10:30 our time, closing of those markets. and they coincide with one another. i think everybody kind of looked at each other here, the paper flow started coming, uh-oh, we're going up from here. definitely one played off the other and momentum carried through. i would certainly expect it to carry from our market into overseas markets from tonight into tomorrow morning as well. david: something else, tim, that is happening, european rate, europeans have a lot of negative bonds out there. you have to pay them to hold their debt. that makes our bonds as low as rates are, as low as yields on u.s. treasurys,.

they're still more attractive than negative bonds overseas. that helps push our rates lower. how does that affect the fed? maybe the fed can't push rates higher? >> exactly. they have control over certain rates, but in terms of broad market rates. the market is still in control of those. if they try to force rates higher, a two, 2 1/2%, 10-year treasury bond looks really, really attractive to a swiss investor earning less than half a percent on a 10-year bond. you couple that especially with the fact they will get paid back in dollars, which appear to be, gaining momentum, stronger dollars, that is, that is a no-brainer for european to love to buy u.s. bonds. i'm not quite sure, even if the fed's goal is to raise rates how much effect they have over a market that wants to push our rates lower compared to everything else in the globe. david: good point. liz: david, why would you pick a name like hewlett-packard for

example? it does a lot of business. frightening aspects of all out there, this is not a pretty much three month chart for hq but you say jump in. >> this corrected 20%. sells under five multiple. markets that are high, we're looking for valuations. value comes out of these businesses. they're doing a lost thing at hewlett-packard. they will split the businesses. they're buying stock back. they have a lot of things going on. they had a modest setback because of currency. they may have another one. you're single-digit p-e in double-digit stock market. not that the stock market is expensive. just like technology stocks you mentioned earlier, intel, micron, what have you, had 20% corrections last year you will look at chart to be momentum guys, that's fine. if you're a value investor you have to look for things that corrected to give you an advantage in pricing. david: hard to find a stock beaten down but hewlett-packard

is that stock. maybe buy low, down 20% for the past year. gentlemen, thank you very much. tim courtney, david steinberg, scott bauer, thank you very much. appreciate it. >> thank you. david: solid gainer on the day we've been mentioned all day, lumber liquidators rallying 10%. at one point it was up over 14% after the embattled retailer defended it settle in a conference call. lumber liquidators said the "60 minutes" report questioning it laminate imports from china, hurt sales 7.7% last nine days. ceo robert lynch stood by the company's products. -- 12.7%. >> i i want to reassure all of you, all our customers, the general public, we're confident all our products are safe and none of our products pose significant health or safety issues. >> it is not just sales that have fallen. the stock has lost about half its value since the company

warned late last month the "60 minutes" report would be you ever feignable but it -- unfavorable. it started to rebound after chapman capital, robert chapman, charlie gasparino told everybody it would happen, he is long for the stock including the safety charges will be very difficult to prove. david: there were a lot of short folks on other side taking opposite view. case capital's whitney tilson, he called today's conference call a quote, continuation of the company's campaign of distraction, end quote. it was up 14% at one point. it did come down quite a bit from the high point down to 5% gain. liz: either way you have activists battling around this one. david: you have short and long. liz: story is not over. pick a time frame, year-to-date, one year, five-year, biotech stocks no matter what you choose outperformed nasdaq look at this margin, huge. some are warning these stocks have become too hot. ahead a biotech bubble battle.

david: only 276%. plus retail sales disappointing badly. whatever happened to the low gas price bump we were supposed to get for retailers? was it all weather? or did we overestimate the strength of our economy? we'll ask former ceo of staples and autozone. liz: speaking of sales, it wanted slow sales that but it was the weather. we'll ask our panel to pick a side and pick a stock. david: talk about cold weather, we're talking about "frozen" anyway, the movie "frozen" was a hot hit for disney. you know there always is a sequel to hit but you probably don't know the details about when and exactly what we've got. we have details. we'll bring them to you coming next. ♪ >> really? no pictures of trucks pulling boats. no photos of men working on ranches.

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sequel to the blockbuster movie, "frozen". "frozen" ii, the chief creative officer said the see equal already in the works. probably already casting it now. disney shares jumping 4%. casting of voices. i know it is an my mated. david: retail sales numbers came out for february. they were very bad. we haven't seen a year-over-year number since 2009. what happened to the retail bonanza that was supposed to come from cheaper gas? steve odland, former office depot and autozone ceo. president of the committee for economic development. wonderful to see you, steve. thanks for coming in again. first of all, were you surprised how bad those numbers were? >> this is three months in a row where we've had bad sequential sales. this is really important to watch, as we all know the consumer represents 70% of our economy. so retail sales become a

barometer how the economic action is going but there are multiple reasons for this. one you mentioned, which is the weather, okay? the weather has been bad. we know weather is impacting us because it was regional, where it was very cold and unseasonably snowy in the south and warm in the west. we saw differential trends. we saw it by category. autos were down. they don't buy autos in the snow. they like nice sunny days. we saw home improvement and garden down. that is the weather. second thing is the gas prices. david: what happened? we were supposed to have a huge retail boom because everybody would save money on gas? >> you would expect it to be there. it has helped cat goreries like auto parts, when people have it put less money in the back end of the car, they put more money into the front end of the car. we're over all starting to see the impact wane. the big dip happened about six months ago. we saw big reaction with more

money in people's pockets. now less impactful. biggest thing, people are deleveraging. dial back to clock to 19890. debt to total revenue or income to consumers was 8.8 years. now it went up to year-and-a-half. it has come down. we're seeing people put more discretionary income into deleverring. this is trend that might still continue. it is something we should watch. david: i don't want to get lost in the numbers, steve. i want overall impression. as ceo, when you were ceo of these big companies you had to get an overview, 35,000-foot overview what retail market was look. what do you think -- i know wages have not been going up. they are just pathetic, wages. yes jobs numbers are improving but not amount of money people have in their pocket. is that why things look bad in retail? >> clearly wages are a problem. if you're a retail ceo you're worried.

the weather is always an excuse. david: yes. >> it is a real factor. people don't go in and shop. so everybody is watching. three months in a row have been bad. you have got to be nervous about retail sales. you're looking for spring here. if next month doesn't come back, it will be indicator, lead are indicator. david: forget leading indicator? will company profits and earnings go down as a result of this. >> it is possible, particularly in these sectors that are more weather driven. that will be short term. it is a beginning of the year. so people are able to manage some of it. if it continues another month, watch out for earnings. david: steve, final question, got to be quick. interest rates and what fed is doing. are we an economy becoming so distorted by these artificially low rate, historically low kept by a fed that is more important to retails and all businesses than customers buying things? >> this is why i mentioned the

deleveraging. interest rates are zero. you have nowhere to go but up. you see nervousness in markets. consumers are nervous as well. it will impact negatively. david: steve odland, always have a good perspective. former office depot chairman and ceo and autozone chairman and ceo. >> thank you. david: are retail auto numbers going to get better the in spring in let's hope so. tweet us @fbnatb. >> weak wages, there is always a way to make money, we have a our panel picking a side and picking a stock in retail world. plus boxed in. shares of cloud storage box sinking after earnings report. look inside the box there were a lot of positive surprises. we have the ceo straight ahead. ♪

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david: all eyes have been on iran's nuclear program as the u.s. and iranian diplomats work toward a deal. meanwhile, iran's archenemy in the islamic world, saudi arabia, has quietly signed its own nuclear cooperation agreement with south korea, leaving officials concerned that our pending deal with iran could be fueling, not stopping nuclear proliferation in the middle east. according to saudi state media, the agreement with south korea includes plans to examine feasibility developing two nuclear reactors worth $2 billion worth over next 20 years, liz. liz: david, there is widely-held dow and nasdaq stock in a lot of people's portfolios and it hurt today. intel fell into the red after slashing its first quarter revenue outlook by nearly one billion dollars. the reason? weak pc demand. this has been a problem that is rising and rising as intel struggles. is there another chip make

they're is better positioned to better bet? or should you just ditch the sector? bringing in our panel, lee munson, portfolio wealth advisors, fox business contributor and price futures group senior analyst, phil flynn and our own adam shapiro. to phil flynn first on intel. this is a smart company with a lot of smart people but they were late to the mobile party. everybody knows that. but then they jumped in, feet first. again they're too exposed to pc's. you love them or walk away from them. >> i don't like the sector as a whole but as a company i still like them. that is the bottom line. i don't think this is place to put your money. they came out with low power chips. seen none five they're calling it. -- xenonv. at end of the day, big companies, tech companies when they miss the boat, sometimes takes a long time to catch up. if any companies have capital to

do it, they will do it. >> buy chips or dip chips? i'm looking at this, saying if not intel, do you like somewhere else? >> you know, i love xp semiconductor. a place out of europe. what they have done they have similar vertically integrated ecosystem but it is all about the internet of things and selling chips that have to do with high security. security is a big issue. it is a big topic of conversation on wall street. if you find a chipmaker that doesn't have legacy issues of making pcs, going into high security and little devices with smaller, specialty chips i think you've got a western. not my favorite place, if you do, go for security, go for internet of things. liz: adam, intel with a nice run-up last year-and-a-half. brian krzanich is doing great things. is this a tough time for all chip companies. >> only chip company to buy is frito-lay. honestly i won't tell you what company to buy, the dollar will not get any cheaper over next

year or two. you should be looking at company who will not have to translate foreign currency back into u.s. dollars. you take a big hit. that is hitting intel as well. liz: that was a problem. retail sales fell in february for third month in a row. is it bad trend or was it specifically due to harsh winter weather? either way, there is a play. pick a play. pick a sector. what do you think? we go to lee munson first on this one. >> come on, it was freezing out here, man. you look at east coast, doesn't take a rocket scientist to understand that. with retail you have to go for overpriced momentum play like amazon dominating or devalue trap like jcpenney. take extreme side and run with it. liz: adam? listen good thing about amazon you didn't have to leave your house to shop there. >> you don't have to leave your house to shop basically anywhere. i pick a company that is expensive because this company keeps doing it right.

williams-sonoma. it is up almost 8%. they attract people to williams-sonoma but next door is pottery barn. liz: you not afraid we're spending money in the gas tank. >> they're freaked about recession. they will start spending money as wages go up. eventually the economy churns along wages will go up and people will spend. liz: what is your pick here? >> two high-end retailers i love. if. i'm sure with strong dollar we saw a lot of americans traveling to europe. buying louis vuitton. i really like gasoline retailers, believe it or not. there are not too many public companies that trade and spin off valero. cvs is probably good one right now. with the lower money, lower cost of gasoline, their profit margins go up. people have more money in their pockets to buy things selling at convenience stores. look at those.

liz: it's a retail pick. certainly is. all roads for phil lead to oil and gasoline world. coming up, yeah is there a louis vuitton purse that is $15 billion? how about snapchat, a company? pharell williams and robin thicke's lawyer vows to fight the "blurred lines" verdict. what is next on music battle, david? david: ambush in ferguson, missouri. two police officers are shot. there may be leads in the case. we'll give you details. box shares falling back to earth after it is first quarterly results as publicly-traded company. we have the ceo. ceo aaron levy will tell us why he is not worried about this. aaron is coming up. ♪ at ally bank no branches equals great rates. it's a fact. kind of like mute buttons equal danger. ...that sound good? not being on this phone call sounds good. it's not muted.

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at ally bank no branches equals great rates. it's a fact. kind of like shopping hungry equals overshopping. david: a manhunt is underway after two police officers were shot outside of the ferguson, missouri, police headquarters earlier today in what is being called, quote an ambush. the officers whether from other local departments called in to fortify ferguson police during a demonstration hours after ferguson's police chief resigned. both injured officers were hospitalized overnight. they have been released but the injuries were serious. police say people have been taken into custody for questioning. so far no official arrests have been announced. president obama and attorney general eric holder condemned the attack, holder calling the

shooter, quote a damn punk. liz? liz: alibaba's $200 million investment in that snapchat company, value snapchat at $15 billion. is that the app that sends self-destructing pictures really worth that? we go back to the panel. lee munson, they make things that simply disappear although they have content that is growing here. they have massive engagement. it is all worth $15 billion, lee? >> liz, historically overpriced growth companies underperform the market. alibaba is seat at table for $200 million. they're just using their own inflated currency right now to buy other inflated companies. it is always -- liz: like that, you know. >> yep. >> remember, it is, we were warned. it is in the headlines. don't say nobody warned us about this. liz: adam, here's the thing. 100 to 200 million monthly

active users. >> yes. liz: people are going on snapchat. so they can prove that they have got the marketplace and they own it. does that give them more oomph. >> i would disagree they own it. first of all, they have had trouble, with regulators here in the united states, i could see why alibaba would want given their own fraud issues in china they would want a lot of things to disappear after 30 seconds. >> okay. >> this is not a hard technology to replicate. they could spend their money a little more wisely. liz: quickly to you, phil? what do you think? uber at 41 billion? that has things and people working there. >> valuation, valuations. when it comes to new applications forget about it. so many of these things we laughed about the in past turned out to be very successful. some of them haven't. >> pets.com. >> yeah. there you go. take that one but take a look at facebook. there you go. >> yeah, yeah. >> yeah, yeah, but tell you what, when you look at the

snapchat situation, look what alibaba's done, really, they're on top of what is hot right now. and it is kind of the facebook model. if you have the subscribers, have people, have built-in audience, you own the audience, you can sell them other products down the road. liz: hold on. yesterday we did an interview picked up from here to australia. everyone from "usa today" to. bill: board, to "hollywood reporter," zeroing in on our interview with pharell williams and robin thicke's lawyer who said he will ferociously fight the "blurred lines" verdict. >> we'll exercise every posttrial remedy we have to make sure this verdict does not stand. liz: while on the other side, the marvin gaye family attorney whose song the jury found was ripped off by pharell and mr. thicke, you watch that side won't even appeal. they don't stand a chance. what happens next and how does it impact the music business?

what do you think, adam? >> it won't impact the music business. think of george harrison, what was the song, my sweet lord. liz: he is so fine. >> he is so fine. people still write songs. whether intentional or accidental, happen. there are settlements. i think marvin gaye family is right. they will not win appeal or even try. liz: really? boy, phil, you heard the lawyer, howard king we'll not stand for this. we're standing up for all songwriters like pharell and robin thicke. >> well, i mean there is no doubt about it. they may appeal or they may not. you really have to look how it will impact music. you know,. will it really hold back creativity? when you come to rock and roll, what have you got? three chords you will go with? some songs very similar. i hope they appeal it because, at the end of the day. there is a very fine lines

between influence and stealing. liz: i don't know. you listen, everything eric clapton ever wrote, sound original and different. lee, quickly, 10 second. >> we've seen this with apple and samsung fighting over patents with smartphones. music industry welcome to 2015. you have patent patrols out there. cost of doing business to be successful. liz: great to see all of you. lee munson. phil flynn, adam shapiro. all three of you we appreciate playing on panel. david: lee is coming back for the final note. we love to see lee. he got a good haircut. nasdaq biotech index soaring, making investors a lot of money. how high is too high. how about 500% in some cases. are we in a biotech bubble. biotech bull and bear duke it out. that is next. analyst confusion causing shares of cloud storage company box to tank following its first quarterly report, despite

beating street estimates it still went down. we'll ask the company's ceo what went wrong. what will it take to get investor confidence back. he is here live. back in moment. ♪ ♪

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8:00 p.m. right here on fox business. david: some people think you have to be snorting palcohol if you buy biotechs. they are vastly outperforming nasdaq year-to-date, past year and past five years. look at these numbers, 276%. but the performance led a lot of people to say we're in the midst of a biotech bubble. liz: are they right? let's duke it out. joining for the bulls, the piper jaffray managing director and senior research analyst. for the bears we have jonathan krinski, mkm partners me market technician. ted, let me begin with you. we've seen an exponential jump. valuations seem high, yet you're still a bull. what is the value behind it? where do you see it going? >> absolutely. last time i was here on the show, i argued we were not in a biotech bubble then. since then as you pointed out, the sectors outperformed the major indices very significantly. and i'm here to say that i don't

believe we're in a bubble today. specifically, there are fundamentals that are driving this growth. and i believe that we're actually in the middle innings of what is a long, of a multiyear, biotech bull market. david: well, jonathan, you may be right. you look at those numbers. looks like a bubble in many ways. however, you left a lot of money on the table. meanwhile you're brother ted has been making a lot of money on his bets. you just at least stick your toe in the water or do you think it is just about ready to pop? >> we're not here to call a bubble. all we're here to say from risk/reward standpoint reward is simply not there. david: by the way you're here to fight like a dog for your case. that's why you're here. go ahead. >> put this in perspective, we're up 500% last six years. that is on percentage basis equivalent to what some prior bubbles ended such as dow jones in 1929, nikkei in 1989. let's look out here and now.

the trend is from lower left to upper right. that is not what we're are arguing. we're arguing how far above we've gotten. the xpif is 35% above 200 day moving average. that widest spread in the etf history going back since 2007. only other time it got this wide was february last year prior to a 33% pullback. from a risk/reward standpoint, i mean could we go higher next couple years? yes, but we think you get a better entry point later this spring. supporting that are seasonal. seasonally biotech tends to peak late february, early march. you see it put in a trough april time. liz: let's get some names. ted, if you're still very much the bull here around you don't think we're in later innings, we're in middle innings, which names haven't already seen a run-up gotten more expensive with stretch valuations would you advice your clients to go into? >> we elevated vertex pharmaceuticals, vrtx, to top

large cap biotech position. they're about to get approval for a new cystic fibrosis drug which dramatically expands the patient population they can address with this innovative therapy. it will lead to inflection point in sales growth. really sustainable earnings growth over the next several years. david: next pick? >> so we also like idera pharmaceuticals. this is a small cap play. david: okay. i got, we have two people here. this is supposed to be a fight, not a love-fest. i just want, jonathan, again i understand you can never time anything but in the year 2000 it was the biotech sector that led the nasdaq down. do you think we'll have similar phenomenon now? >> what is interesting, if you look biotech as weighting within the nasdaq, it is much higher than it has been last several years. i do expect if we see weakness, probably starts with biotech sector. it will just reiterate the last five months the biotech index is

up 45%. that is the biggest five-monthly gain in the history. david: understood. >> i think what jonathan is missing though is that really are fundamental drivers to this performance. big cap sector, for example has matured. they're not relying on single drugs anymore. they have pipelines of drugs. putting up best growth across almost any sector and sustainable profitability. innovation in productivity of the sector are at record levels. that is resulting in -- david: new drug approvals is about what is new about they didn't have back in 2000. a lot of false front companies. guys, this was far too polite. you have to come loaded for bear in this debate. liz: and bull. david: ted hood, jonathan expense ski. thank you gentlemen. good to see you both. liz: cloud storage company box beat the street in first quarterly report following the report, shares closed down more

than 11%. david: what's up with that? what is behind the numbers? jo ling kent joining with us box cofounder and ceo. >> thanks, dave. it was a frantic day yesterday when they posted that maiden earnings report yesterday. thomson reuters publishing wrong estimate for eps, showing that box actually missed when it actually beat. ceo aaron levy said that awkward moment when calculation for your consensus eps using wrong share count for. fun times. he joins me from stanford. thanks for coming on. >> yeah, thanks for having me. >> i have to ask you first, despite the beat, investors had full 20 four hours to digest the numbers. you had the biggest share sinking ever since going public. what will you do to try to turn this around, aaron? >> as we outlined in our call our number one focus right now is on continuing to buildout the customer base. you will continue to see investments in our security products, in our boxer

industries effort, which really helps transform our technology gets used in financial services, health care, retail. it brings many companies to the cloud that previously actually couldn't move data or content to a platform like box. that is where a lot of our investments have been going past couple quarters, past couple years. that is leading to strong customer adoption. we have over 45 million customers on product. we work with companies like hyundai, general electric, toyota, eli lilly, companies across all sorts of industries. >> your full-year revenue was up 74% but your outlook missed. even though you have people signing up your outlook for revenue missed analyst estimates. what will you do to give investors more confidence? >> i think we ended up raising the guidance for the year. we raised our guidance for next quarter, to 62, 63 to 64 million in revenue. we expect over 280 million in revenue this year.

so we're really just focused on growth. i meep a lot of our investment building up sales and marketing as well as r&d and technology stack is leading to larger deal sizes. so we, in q4 we had 57 deals above $100,000. which is really good kind of metric to show how we're moving up market. just a year ago, that metric was 42 customers or 41 customers with over 100,000-dollar deals. this continues to grow over time. you will see us focused on key industries and change how the businesses use their content. >> you mentioned microsoft. you actually outspend the competition. you have leadership in the space. you're doing relatively well. how do you do both things and maintain good margins? that is really tough go. investors are really skeptical. >> actually our margins continue to be quite healthy and perform pretty strongly. so even as things like the cost of storage go down over time which is a trend always existed in our industry, our margins

essentially remain the same. the reason for that is what we are sell something a software layer above storage. even as price of storage goes down, the price per suite of our product remains relatively strong. in fact we've been able to increase our price over time, over past couple years. you mentioned microsoft. this is actually an area where we have seen some really kind of positive news over the past couple of quarters. in fact a month ago we announced a partnership. we're now a part of their cloud storage partner program where users take content they have in box and actually he had it within office 365, office on the ipad as well as access their files from outlook on mobile. you will see a lot of inner on ability microsoft's over time. -- inner opera built. >> you seemed a little jovial when i interview you. you seemed a little stress the out. >> i'm wearing a tie. it's a little bit tight. we're all good. this is the fun of being public.

our job is to make sure we're communicating everything that we're doing to the best we can and make sure the market has good understanding of our numbers and metrics and where we're going. >> aaron levie, ceo of box. thanks for joining us as always on fox business. >> terrific. david: he is getting so old. >> 30 years old, right? david: exactly. out of his 20s. markets, they were way up again today. tomorrow is it going to be the pattern they're way down again? number one thing you need to snow about trading tomorrow and your money next. liz: plus an escalating battle between michigan and uncle sam over the beautiful gray wolf. fox business's jeff flock, quite literally following the wolf pack. jeff. >> oh, baby. the gray wolf is back but one federal judge just doesn't seem to be satisfied. big story. i'm with the wolves. not of waffle street. i have indiana. stay tuned. >> hi, everybody, i'm

gerri willis. coming up on my show at top of the hour, it is the dirty little secret of hundreds of colleges around the country. they're on the verge of going broke. that is one of the big stories coming up on "the willis report" in just a few minutes. ♪ hi, i'm matt mccoy.

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david: wolves, got to love them. what a job jeff has. gerri: could a federal court ruling change that? jeff flock from wolf creek habitat. what are they eating? david: stay away, jeff. >> that would be a venison, folks. that was a deer at one point. or reporter from cnbc. i'm not sure. one of the two. but at any rate, the, issue was, the wolf population out there, it got to the point where it had recovered so much. i guess, probably, i shouldn't take that away, cathy. i don't think i better. it recovered so much. if you look at numbers, even the national fish and wildlife service said, it could come off the endangered species list. what happened? a federal judge instead sided with the humane society, said, no, actually no, they have not recovered enough. cathy runs the wolf creek

habitat out here in brookville, indiana. cathy, wolves have recovered, right? >> yes, they sure have. we're glad. because we don't want this to be only place that you could come and see a wolf. we would like for people to see them in the wild. >> they're everywhere out here. this guy just dropped one off. see if i can get his food. look at michigan legislature, they just pass ad resolution which essentially, what this has done, putting them back on endangered species list, kept farmers, for example, if the wolf eats your cattle, you can't really do anything about it. >> they get reimbursed. not like they really lose them. >> okay. he took that one back. he wants it all these wolves, by golly. they have really done really well. some. there you go. david: jeff, you know, sometimes i think you've gone too far. today you almost went too far. i'm glad you have that hand. what a wonderful job.

liz: very great story. david: as are markets hugely up today. will they be up tomorrow? will they come down again? liz: stay tuned. we'll be right back here. for now we send it to gerri and "the willis report." david: see you tomorrow. gerri: hello, everybody, i'm gerri willis and this is "the willis report," the show where consumers are our business america's biggest. america's biggest flooring retailer, lumber liquidators is hitting back at reports it is selling potentially toxic flooring. in a conference call for investors today, not open to any questions, lumber liquidators defended the safety of its products. it offered free testing kits to consumers. so far the company is forgiven on wall street. the stock ended up the day around 10%, so a big boost there. wall street seems to trust lumber liquidators but should consumers? here to weigh in richard drury who is