and secondly i would say micron. micron is well positions to actually also have a lot of mps growth and recover. >> interesting. thank you very much. samsung and micron. got it. thank you very much for being with us. analyst for global memory and consumer electronics. >> still to come on the program is d-day for obama. is his overhaul health care doomed? we'll review the final day of the hearings. >>> final thought from chris tinker. chris, a lot of people are wondering whether the moves are a result of liquidity. bank of england, ltro and the fed as well. is there something more fundamental going on? >> i believe things change, certainly for european markets with the introduction of the ltro in december. it set the train in place for a value recovery for this market. i actually thing we've been in ball market since 2009, the low 2009. we had a big interruption that was to do with quaearthquakes a this crisis in europe. now we're focusing on the corporate level. there's value out there. value is growing in equity mar

>> micron is a name we like a lot. lpeda, they're about 20% of the entire d ram market and went bankrupt a few days ago. so what's going to happen is this market which has been oversupplied by about 10%, is now going to become undersupplied. micron's trading about one times book. i think they're going to be a beneficiary of that. we also own sandisk. about 24 billion versus 29 billion. a lot of these player like sam sung or micron do both. >> dan, is the biggest risk to micron the 37, 38% rise the stock's had this year? >> the ad book to me is an easy shock could go up another 30 to 50%. i don't think lpeda's the last company that's going to go bankrupt in this space. there's a lot of debt to equity ratios that are higher. but you've got a lot of problems in that space and the good news is because countries around the globe are having debt issues. the desire to step up and subsy duz these operations is a lot less than ten years ago when that happened all the time. >> i've got to run, but i've got to get your quick take

also been watching micron getting some news out there was an explosion in the idaho facto factory.on on that. the stock having a nice rise today, seeing about 4% at the moment. back to you. >> thank you. we've got a few minutes left in the trading sector. time for a quick stat check on the nasdaq which has been the strongestst. it's a bit in positive territory. we're starting to lose ground here. it's on course for a three-day winning streak, climbed as many as 12 points early on. now it's gain of just over 2 and here's a snapshot of some of the big nasdaq gainers including micron, amazon, sears holders and lam research and the computer company -- what's that? apple? >> a new high, of course. the futures fell to a fresh decade low this morn. futures fell as low as 2.18. that's the lowest since february of 2002. my next guest says you can't recall today's move a bottom. he's expecting they continue moving lower. prices. joining us now to tell us why, darryn. good to have you on the program. you don't think this is the bottom. what's driving natgas prices so low and how much further

. >> last up, some unusual activity in micron and mosaic. >> very strong activity in micron. somebody stepped up and bought over 30,000 calls in one print. several large prints in micron. mosaic has earnings later in the week and they're buying the weeklies, judge, which is obviously a bet on that, because the rest of them they would be out there in the april options, they're not, they're in the 60s, 62.50s and m.o.s., i'm in there, too. >> today's question, it's the best quarter since 1998. what awaits us in the second quarter? log on to fastmoney.cnbc.com and place your vote. there are the three choices. >>> again, cnbc.com place your vote. >>> the nasdaq hitting multi-year highs today, headed for the best quarter since 2009. a bunch of internet stocks having a monster quarter, too, so which stocks should you be buying and selling on the moves? joining us is the mark mah a ney, the internet analyst. >> let's start with google. i don't know if a lot of people. they think google will do the same thing. the stock is doing well, what's going on? >> it's underperformed year to d

rogers is joining us from singapore with an emerging market play that may surprise you and nike and micron report after the bell and who will be the winners and losing in a rights rate environment? doug cass is bringing his shopping list exclusively to "fast." let's get straight to the market selloff that we've seen over the past couple of sessions. are china concerns enough to push stocks meaningfully lower from here. pete? >> yeah. i think that we're definitely due for a correction. looking for 1375. we talked about that last thursday. i think that the s&p 500 goes there. 2% correction is what you're looking for. do people know that china has slowed, yes. do people know europe is slowing. maybe not as much as they did before we started the evening or at least coming into the opening session, and i think the bigger surprise would be going forward, what the u.s. consumption growth really looks like with oil up here. there's never been a time in u.s. history where the u.s. consumer has not slowed on a real inflation-adjusted basis with the price of oil at this level. >> real surprise is tha

i like micron as these levels. >>> talk about coach. this one also on the decline. is luxury over? >> no. we had of course a great report last night, courtney reagan put out a nice report about what was going on with the luxury boom and so forth. this stock had a very significant move, but we said we like ralph lauren. is that how it is pronounced? >> lauren. >> i got a lot of people stuff from people at the company. >> i like it better than coach. >> amazon.com. let's go to the seattle resident, no doubt in the amazon camp, pattie. >> amazon has been left for dead because everyone thinks apple is taking over the world. roughly 30% of the tabloid traffic is coming off the kindle fire in three months. you got that and them cutting their pricing on some of the web hosting and amazon is one i own if you don't, get back in. >> shouldn't you be worried about the logo or motto which is i am losing money on everything i sell but will make it up in volume? >> what's wrong with that? every time people left it for dead and bet against, that's when he comes back with a bigger hammer. >> until

seema mentioned micron technology, definitely the biggest laggard on the s&p 500 today.after the earnings after the bell last night. now, let's go into sharon epperson. sharon has the metals closing right now. what a move gold has made in the last 24 hours. >> court, you're right. we're up $20 right now for the price of gold $1662 an ounce. metals are higher across the board. and the weakness in the dollar definitely a factor helping the metals market. but keep in mind when you look at the one-week chart in gold, we are basically where we started out the week. so at these levels around $1662, not much of a gain there. a lot of volatility in the fact that gold has been below the 200-day moving average technically means there's still weakness in the market. weakness also when you look at the outpost from gold etfs. in fact the biggest one-day outflow occurred on thursday. that could pertain to lower prices ahead. i'm with an expert here, the president of m3 capital, an independent trader here. john, tell me what you think is going to happen with gold and the week ahead. et

chip makers advanced micro devices and micron technologies and chip test equipment maker teradyne. with worries about china in the headlines, its no surprise two do industrial stocks doing a lot of business in china pulled that index down. first, alcoa. shares dropped more than 3.5%, falling blow $10 for the first time since the middle of january. and caterpillar fell more than 2%. this is cat's lowest price since the last day of january. one industry feeling the china ws, steel ocks about half of the world's steel appetite comes from china, so a slower chinese economy fueled worries about slower steel demand. a.k. steel dropped more than 5.5%. u.s. steel fell almost 5% and nucor was down about 2.5%. while gasoline prices continue to be in focus, natural gas has cooled to new decade lows. prices are below their late january lows as the warm winter is forecast to continue. new sources of natural gas have been filling up storage sites while demand has been weak thanks to the mild winter. the warm winter also has meant less electricity demand, hurting coal demand by utility companies.

semiconductor maker micron was the most active on the nasdaq, slipping 3.5%. meantime, nike shares couldn't hold onto earlier gains and fell 3%, after hitting an all time high last night. finally, call it the "hunger games" effect. the blockbuster teen novel series is shaping up to be a huge movie hit, but it didn't help the company behind the film lions gate. trading volume was five times heavier than usual but the stock barely budged. the "hunger games" movie opened at midnight, selling almost $20 million worth of tickets. and that's tonight's "market focus." >> susie: two years ago today president obama signed the affordable care act into law which promised to bring better health care to all americans. on monday a portion of that law will go before the u.s. supreme court. the justices will hear arguments on whether or not it's constitutional. health care reform has been controversial even among physicians and hospitals who are on the front lines. diane eastabrook talks to one physician about how health care reform has affected his practice. >> can you feel

how about micron technologies? >> not a great quarter.hey made an acquisition and i think that is the issue. i took the opportunity to load up on sanityis, already had a position because it spilled into the stock. i think san disk is very cheap. >> we had pricing issues with micron as well. monster worldwide patty popping 8%. >> got an upgrade price target of 15 bucks. kind of interesting. about a long-term story going international. i can't believe i'm going to say this but i think if i was going into the space i'd buy linked in instead. >> a rough go but a lot of m & a activity in the space or suggested m & a activity anythe space. i would say you could ride this a little further. >> all right. a drop for typos, a switzerland based trader is suing jp morgan chase after recently accepting a job at the firm. a misplaced period made him believe he would be paid ten times more than his actual offer. a difference of about 2.7 million dollars. talk about a costly decimal point, folks. >> you didn't think there was a little misprice? >> maybe

after closing essentially flat today, micron shares fell more than 4% after the closing bell. the company said its recent pricing on chips was weaker than it would have liked. the company lost more money than feared last quarter due to those weaker selling prices for memory computer chips. one bright spot, though-- revenues were stronger than anticipated as it sold more chips. we had two new stocks come to market. exact-target shot up, partly thanks to its hot industry, software delivered via cloud computing. it's i.p.o. price was $19; tonight, it's above $25. and payment processor vantiv also saw strong demand its first day of trading. it priced at $17 and closed at $19.50. finally, precious metals were tarnished by today's risk-off attitude. gold fared the best, slipping only a half-percent. silver fell about 3%, and palladium dropped more than 5%. and that's tonight's "market focus." >> susie: a new study shows just how hard parts of president obama's proposed budget would hit wealthy americans. the non-partisan tax policy center ran the numbers and says the president's pla

. >> caller: my question is, regarding micron, ticker symbol mu. the third consecutive loss here, and i'm wondering, time to get out or stay long? >> not a fan of mu. it's not the worst of breed. used to buy that. 95, 96, made a ton of money, but, boy, that was a long time ago. wow. that's the last time i really made money on that stock on the long side. >>> i want to go to brooks in hearing in, where we are. brooks. >> caller: jim, how are you? >> real good, brooks. how are you? >> caller: awesome. what are your thoughts on bank of america with their new rental program and if would you be a buyer of the stock right now? >> bank of america. such a tough call. i have not made good calls. i joking with my friend simon, and i said, listen, bank of america, don't ask me how i feel about it, because i haven't done a good job with it. so here is what i would do. if it pulls back, and maybe do some buying, but, brooks, i feel like brooks in shawshank redemption when i comment on bank of america, and remember how that end edded? the first week of 2012, and

much of the workers outsource to other companies like samsung, lg, micron and texas instruments. that might come as a surprise to some of you. let's move on a second and give you more details about this. the product is assembled by foxconn which is in china. keep in mind that the iphone's retail price is around the $550 mark and more than half of that money goes back to apple $321 from each phone sold. it's fascinating story, but some important advancements, i guess, made today and important discussions. nina? >> exactly. it's also important for consumers of apple because this story has been rumbling on for a long time. apple is listed on the nasdaq and the new york stock exchange, let's look at how u.s. stocks were doing on thursday's session. they were down for most of the day but rebound later on to nearly break even. what we saw as a string of weak economic reports, including jobs data that had the stock markets down. at the close the s&p 500 and the nasdaq closing in the red for a third day. when it comes to the nasdaq, that was down by 0.3%, the s&p was down by 0.16%. the d

take a look at shares of micron, these shares are lower. the biggest shares in the s&p 500.les a $2 million lawsuit with oracle. >> there's about 19 minutes left before the closing bell. last day of the quarter, time now for a quick market check on the nasdaq. the nasdaq jumping on the break even line. coincidental coincidentally, it has risen and fallen by as many as 16 points today. it has gone up by 19%, that is the best quarter since 2009. check out the dboe volatility index, it has lost about a third of its value since the opening bell. >> it's been quite a ride for the major averages in the equity market. not so for the dollar. the green back has seen a rise of 2.5%. is it ready for a come back? would that be the trade to go long with the dollar? let's talk to paul, what do you think, long dollar or not? i guess it depends on the fed to some degree. >> you can stop with what the payroll is going to give us next friday. we know that we have got a fairly conservative fed chairman. we saw conservatism going into that, and now we got a relatively dovish chairman again. if

company officials refusing to comment on reports that micron may be close to purchasing a company whichr bankruptcy. zynga got a hit earlier this week today and with all that said, nasdaq managed to recover a late-day trade ending up by four points. maria? >> seema, thank you so much. it's been quite a week for global economy teas. putting investors on notice. today it was another wild one following the pullback on thursday. sharon epperson has the highlights. sharon? >> if you blinked, you might have missed it. we saw the $3 spike. there is a lot of anticipation, worry and angst over what may happen over the weekend in terms of the crisis in the middle east. the tensions between israel and iran. if you read john kilduff's piece, he points out that this is market is incredibly nervous of what could happen in terms of iran. but we did see the market able to hold on to some of those gains for the session. for the week, we looked at prices basically flat and the real test of where the gee ohio political risk premium comes between that spread and wti. although the saudis came out and said w

also looking at shares of micron up 3.7%. this one seen by analysts as one of the leaders as this industry continues to consolidate. also taking a look at sears. of course, we've seen some selling pressure as of late. but a little bit of a pop today. 3.3%. despite the fact that sears has had a rough time. poor earnings and a lot of store closings. this is going to be one to watch. back over to you, sue. >>> stocks showing strong gains so far this year. the dow and s&p both on track for their best first quarter performance since 1998. the best first quarter for the nasdaq since 1991. does this move have legs? is investing in america your best bet right now? joining us is dave donabidi and cio of atlantic trust with $18 billion under management. good to see you. welcome back, as always. >> thank you. >> it tuz seem like it's been a pretty stellar first quarter which has some people thinking that the tough sledding is still ahead of us. others disagree. where do you come down on either side of that argument? >> the market has be

gardener reporting pricing that has hurt companies like micron should begin to improve in the secondear. and other chip stocks are also outperforming in today's trade. >> seema, thank you so much. the market is up 190 points as we're looking at the close, just ten minutes before the closing bell sounds. the big news of the day today is the news out of financials. jpmorgan today reporting that it is increasing its dividend 20%. taking the dividend up to 30 cents a share up from 25 cents a share. and a stock piebabuyback of $15 billion. let's get more on this story and how you want to be investing in the banks right now. president and chief investment officer. anton, you own jpmorgan, correct? >> we do. >> so you're a happy man. you're getting an increased dividend. >> certainly. >> what does this tell us about the rest of banks? >> we definitely expect a bunch more dividend increases. given jpmorgan's stature, best in class, i expect them to push the envelope. they sure did. the numbers are bigger than anybody expected, particularly on the buyback side. if you look at it, they're payi

broadcom gets a huge number of revenue from apple, micron big part of its revenues. and you still have the china play. when they lowered growth forecast, all the big material names came down as well. >> we certainly watch what china's doing these days. who's wagging who, bob? let's get to rick santelli. do you feel anything's changed in the bond pits? or is it just status quo? >> you know, i don't know. i think status quo is up for revision. we had dallas fed president richard fisher was on the wires with some interesting comments. we have a few quotes that we're going to throw up there. as you read these, he's pretty much posing the scenario that anybody looking for more quantitative easing, it's akin to being hooked like a drug addict. using some pretty flowering language talking about accommodation. and keep in mind he used to be the decenting hawk. he's a non-voting member now. and now we have one disdent. the one quote i was so e namerred with because it was so colorful is he thinks the equivalent of misfees sans based on the notion what the government is doing

micron on a price target increase to $12 over at pacific crest.ouple of pennies. we're waiting for the president to take the podium at the white house to make a statement on trade rights with china. we'll bring that to you live as soon as it happens. in the meantime, get to our road map today. first up, the black sworn himself, he's sitting right next to me. he hasn't spoken in years, at least on this channel, but he is breaking his license here today. we'll see what he's watching and talk to him about what's worrying him now former federal reserve governor gives us his thoughts on what to expect from the fed today and in april and june. and the comptroller on currency is with us on banking, regulation and how to stabilize the american financial system and a new way to invest your retirement in foreclosures. why putting your nest egg into foreclosed homes could potentially make you some money. all that and more is coming up in the next hour. we begin with a cnbc exclusive. a black swan is an event outside the realm of regular expectations. no moth

a second quarter loss of 23 cents a share for micron. wider than the 19 cents people anticipated.eaker selling prices for memory chips. mi michael kors $47 each and that has pushed the market price of the rest of the shares down to more or less exactly that level. >> the chinese government has reportedly begun to make it easier for foreign investors to put capital into china but is doing so quietly through a series of phone calls to top fund managers outside its borders. what could this all mean for investors here? jim observer wise is president of oberweis asset management. did you get a phone call from the chinese government? >> we are a little small i think. really the top largest funds only. >> i want to make that clear. in terms of this invitation i would imagine there would be plenty of strings attached. the last thing china wants to do is invite capital to come in only to find that it's hot money and that it quickly floods out of the system when times are tough. >> yeah. there's always been a lot of strings attached. that doesn't mean it's not a good deal for investors and

micron upgraded to market outperform from what had been market perform at bernstein.ates lowered due to lower than expected revenue growth and jet fuel prices. crown castle downgraded to neutral. they did cite valuation from that decision. >> take a look at the ten year. talking about yields at 218 earlier this morning. now 222.6. a lot of discussion whether or not the bond market considered the smartest market in the world, are they now following what stocks said over the past couple of months? there is a look at the ten year. we'll talk to santelli about it later. does raise questions about what happens to housing and mortgage rates. >> we've got operation twist still in effect. mortgage rates never have been lower. the fed does seem determined to keep things fairly low, especially at the farther end of the curve when it comes to that 30-year mortgage in particular. it's interesting. last year everybody came into the year, so many macrofunds came in saying best trade is to short the ten-year. turned out to be the worst trade. on the other side they made money. pimco

some of the chip stocks, juniper, jds, micron, cisco.onday. cut the stock from neutral to outperform. analysts at citi warn apollo's second half results will be materially lower than estimates. let's get to the roadmap today. the decade-long bull market for bonds may finally be coming to an end. we'll talk live with tony creshinzi about what he's seeing in market and why the bond gravy train is over. mccormick, see if this is still a tasty investment. half an hour away from a european close. europe's problems are still daunting. how will the markets finish the day? we'll find out when we bring you the close live. forget apple. amazon's biggest competitor may be fedex. why the online retailer is focusing more on logistics and what that means for the stock price. all that is coming up in the next hour. >>> we'll start, though, in havana. pope benedict in the middle of a historic trip to communist cuba. the country sits on the edge of significant economic reform. our chief international correspondent michelle caruso-cabrera is live in havan

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