>> dr. j. from an options standpoint are you getting a sense from what you're looking at that people are betting on a bottom? >> well, you'd certainly think that, judge, by the xlf which was trading ten to one so that's way out of whack. but the xlf is only in about 3% since last thursday. that doesn't tell me enough about a washout, really, judge, even though the ratio of calls to puts tells me we're seeing a washout. we're not really seeing the clear panic that i'd like to see in the xlf and maybe this means we won't. >> yep, all right. up next, chesapeake energy seeing a nice move higher today. find out how traders are playing the pop. looking for a better place to put your cash? here's one you may not have thought of: fidelity. now you don't have to go to a bank to get the things you want from a bank. like no-fee atms -- all over the world. free checkwriting and mobile deposits. now, depositing a check is as easy as taking a picture. free online bill payments. a highly acclaimed credit card

. >> dr. j.? [ inaudible ] >> well, the audio's working as well as it was earlier -- >> can we get grasso to switch mikes with dr. j.? >> patty edwards, would you add to positions in the banks here? i know you haven't liked the banks, right? but at some point, do the banks become attractive enough? do we think that a jpmorgan, for example, has bottom that tepper and cooperman see some things we should pay attention to, assuming they're still invested as much as they were at the end of march? >> you know, that data's already 45 days old. and so, i just can't invest based on what somebody else is going to do. they still don't make it through my revenue-driven earnings growth model given that i can't go in there. that being said, looking at the charts and everything else, i can see where if you were not investing using the discipline i am but using some other discipline, likewise weiss is , the chart looks good on jpmorgan. it looks like it's getting some support. you're above the 200-day moving aver

dr. j.t that all futures are moving in concert with spot vix which as you pointed out, dr. j, is rare. why? >> it's always a sign, for instance, like one of mike coe's customers or one of ours will stand up and be an aggressive seller out there on the scale when you see a pop in volatility. in other words, they think several months out, it's going to move offer in lock term with the short-term implied volatility. that's not the case. virtually across the board, all the fuse, all the way out to september, we see them all moving up and down by about the same amount every day. today they were all up about 50 cents or something like that, so when you see those all lined up like that, again, nobody who is significantly large as far as, you know, tens of millions or larger on the trading volume, is going to step up. that tells you that they are not sure about the direction at all, and that's something that, you know, has just been happening basically for about the last two weeks. i imagine that's

dr. j., after the bill yesterday, after hours, activity, you bought jpmorgan. does this turn out to be a case of an impulse buyer who buys something he later regrets? or do you see a deal that was simply too good to pass up and he puts thought into it. >> i would say the latter. not an impulse buy. i loved it. in fact, i was with you around the times that i was buying this yesterday. and i did trade out of it yesterday in after hours as the stock popped by nearly a dollar. i got back into it this morning, judge, so full disclosure, i'm in the stock and in the call options of jpmorgan. heavy turnover in these options today, but the bulk of them on the buy side. and i think you do sort of have that hand underneath the stock being the stock buy-back. the one we spoke of that jamie dimon said at 45 i'm not really a buyer of his own buy-back. that's what they viewed as fair value back then. haircut that to whatever you want, judge, but down here at 36 you have a nice opportunity. and it is alrea

dr. j, what's the trade when fear is so high?> michelle, it was the first time in 15 trading sessions that we actually got up to that level yesterday, up to almost 20. we've pierced it, just as you said, today. i'd look more for a break about the 22 level to signal any kind of panic. otherwise, the longer we sit here at just over 20, the more people are going to come in and sell volatility. >> all right. disney "the avengers" are super heroes at the box office. the film has smashed the old record for best opening weekend in hollywood history. $207 million they took in. now the question is will disney do the same when it reports quarterly results tonight? joining us on the fast line is janning capital markets analyst tony. good to see you. how important are "the avengers" for the results we're going to see? they're not in this quarter, right? >> "at convenient jurithe avengs quarter. they have the "john kacarter" hangover. pay attention to the parks. you're going to get much needed diversification with that. these parks have been

when i think of jay hsu, i think, aka dr. j. he is master of the universe. also, i never thought had -- would have the opportunity to introduce the mayor of san francisco, mayor ed lee. i just a to introduce the mayor. that is awesome. we also have a bunch of other special guests today. i would also like to introduce david chiu, president of the board of supervisors. thank you for coming. the mayor does not come along. he has a policy. supervisor carmen chu is also with us. we are also lucky enough to have supervisor mark farrell as well. maybe he is having a pastry or something. there is a lot of traffic between here and city hall. that is a bad joke, i know. we also have supervisor eric mar here with us this morning. all the supervisors are sitting together. we are also lucky enough to have the chief of protocol for the city of san francisco charlotte schultz. last but not least, we have tony sun, chair of the asian arts commission. that's good started this morning. i am going to get off the stage and and things off over to jay hsu. he is going to tell us

. >> dr. j. >> absolutely. the fact that ross is the media side of this business, which is where their growth is going to be, scott. i loved that. and to reiterate colin's point about the board, couldn't overstate that. when you have a terrible board like they had, to toss them and bring on an all-starboard like i believe this one is, it's a big plus going forward for shareholders. >> all right. so a little bit of a deal here. an analyst favorable about the stock and all of a sudden everybody's bullish. >> the question becomes what do they do with the funds right now? do they do significant share of buyback? i think that's the ultimate catalyst near-term to get you into the stock. i wouldn't touch the stock. >> all right. coming up our traders are making trades. and we have one on the fast line with a realtime trade for you next. ♪ ♪ [ female announcer ] you're the boss of your life. in charge of long weekends and longer retirements. ♪ ask your financial professional how lincoln financial can help you take char

final trade, dr. j.? >>> scott thank you, this is "power lunch" and we begin with breaking news at this hour. just minutes ago, facebook ceo emerged and they are attending the road show and they tell investors why it's worth their money. >> well, tyler, we did see those executives arrive just about 15 minutes ago aspected and as we reported earlier today, mark zuckerberg, sheryl sandberg and the company's treasurer all arriving in the same vehicle, entering the road show presentation that's underway right now. starting off with lunch. and then introductions by each one of the executives. and now they are actually showing the roadshowed video. we're told in the small groups they are not but they have opted to show it again, which you can see at retail road show.com for yourself. evaluation and potential growth for the company is going to come up in the q and a session which is expected to last about an hour. we are watching investors coming out of the meeting to see what was said and how confident executiv

let's run down the list of questions, dr. j. first one is, why am i short of breath?s pregnancy do that? >> well, the first trimester, actually, naturally, the hormones can speed up your rate of breathing, so you can feel like your panting. and as the baby grows, it starts to push up on the diaphragm and the lung and you'll start to feel that and you'll have to breathe a little faster. lastly the area i'm most interested in is asthma. women can certainly have asthma that gets worse in pregnancy. you need to go see a physician who specializes in that and take your medication. so if you don't breathe, baby doesn't breathe. >> bad. why is my nose stuffy? i can't breathe. >> it's not your allergies. people will come in and say, it must be my allergy. it's something called rhinitis of pregnancy. it's the pregnancy hormones that make the inside of your nose swell. there is medication for that. >> and if you already suffer from allergies, you can have a double whammy there. >> you certainly can have a double whammy. >> i'm breaking out in hives. am i allergic to being pregna

. >> dr. j. >> people be throwing a lot of beef on the grill this weekend. th

. >> dr. j, number of big holdings?ity, scott, means she can enhance those yields if she chose to sell some options. >> excellent commentary by diane and i agree with her. i like ge. >> cortes, quickly. >> scott, don't like ge because it's a brick story. we have been so focused on europe lately we're not paying enough attention to just how poorly emerging markets are trading. >> just told you about china. >> we're certainly not hearing that consistently from other companies, that's for sure. >> helps to hear from the largest, but neither here nor there. keep your tweets coming because we're trading them next. wanted to provide better employee benefits while balancing the company's bottom line, their very first word was... [ to the tune of "lullaby and good night" ] ♪ af-lac ♪ aflac [ male announcer ] find out more at... [ duck ] aflac! [ male announcer ] ...forbusiness.com. [ yawning sound ] >>> big day on the street. you've got so many stocks on the move. that's why we're going to do a supersize pops and drops now. mid

so we ran and grabbed dr. j, pete's brother. you've seen a lot of unusual activity. it's vegas, i'm not talking about that. >> yes. and what happens in vegas stays in vegas even at salt. >> i don't know that. >> but what we've got is a very unusual activity in a financial stock. they own colonial penn, cno. the stock has been slammed pretty hard. not surprising to see somebody playing for a dead cat bounce, judge. >> coming up, we'll get final thoughts back here in las vegas from the salt conference next. ♪ n. [ female announcer ] you're the boss of your life. in charge of long weekends and longer retirements. ♪ ask your financial professional how lincoln financial can help you take charge of your future. ♪ so i test... a lot. do you test with this? freestyle lite test strips? they need just a third the blood of onetouch ultra. wow! and the unique zipwik tab targets the blood and pulls it in. that'll make testing easy. and you can save on these strips monthly simply by joining the freestyle promise program. and i think i know exactly where those savings will go. call

dr. william j.redible voice for marriage equality and nondiscrimination and for not persecuting different kinds of people. that uncovered story is true across the country. african-american political leaders and civic leaders have been strongly in support of all lgbt rights. >> it is interesting, because i feel that the press is focused on this and wanted to pick this fight of that the african-american versus the gay people, and if you look at the polling, and we talked about how much we wanted to talk about this today and it is overcovered and there is not a huge amount of difference of the black and the white voters an converging to the same point. and david sirota, what do you know now? >> real evidence that the american politics on these issues can change, and i know that from our own state legislature in colorado. we are having a civil unions fight, and the speaker shut down the entire legislature because he did not want to allow a vote on legalizing civil unions. the reason it got to the floor

dr. jay dipping into j. morgan shares on this pull back. why? we lost him. but that's quite a tease. it would be really interesting to hear why. mike at the options desk, did you see anything relating to j.p. morgan during the session do you have any evidence maybe somebody knows something? >> not necessarily in the options. people may recall that a couple days ago dan nathan was talking about seeing a little additional risk in the financials on the credit side and not really seeing it sort of move down to the equity side and wondering why that wasn't the case. one wonders whether people thought there might be some rumors floating around there was going to be some bad news there. one quick point i am interested they were talking about seeing that var number bump up to just under $130 million. i'd like to know what the confidence interval is on that. value at risk tells you how much you can lose on any given 20 days or 100 days. what we need to know is not just okay it's $130 is it once every 20 days. if it's every 20 days that kind of baump up in risk for the bank overall is a pretty

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matthew state is the donald j cohen professor of child psychiatry, psychiatry and genetics at the yale school of medicine. and once again my cohost is dr. erl kdean, a nobel laureate, professor at columbia university and howard hughes medical investigator. >> autism is a developmental disorder that manifests itself as a disturbance in social interaction. people with autism don't o appreciate that other people have minds of their own. so they find it very difficult to put themselves in another person's position to realize they have their own aspirations, their own ambitions, their own ideas about the world. the underlying cause for this is a failure of optimal development of a biological function called theory of mind. you and i have a theory of mind. when you and i have a conversation, i have got a pretty good idea where you are going in the conversation. and you've got a very good idea where i'm going in the conversation so we're in some ways predicting each other's actions. in autistic person not being able to put themselves in your position can't predict where you're going to go. and you're thinking and your desires, everything else

drs, showing off skin. >> and now, jay leno! >> 2yearago d wi les grayair,ay lo to ove hoing tiesf n'"the toght ow" om jnny rson >>ou kw, j, ju keeng what you're doing. you do it well. >> i'm the most comfortable he. >> tha youor tt. >>e lo you >>peakg ofnnivsari-- >> lontimego, thi galaxy, the original "star war priere 's be 35 ars nce orge cas eatethe tima sci- fil >>he mie phed ecia effes, a it d so of e bestharaers er cated >> ias 1when madthe "star wars" movies but obviously had an enormous impact becse 're sll tkingboutt. care fier's ince lei camen inant on, did harron fd. >>fterameran gffit whe alof uwereorki for ry srt mey, orgeid ve aorti of e prits 10 ous a didhe se thg afte"stawars >> ty're n hurng f mon anore. >> 'safeo sathatstar wars thentirsagahas de billions at the box office. meet the newest hero in the ek uvers at me th teefreaout. d moa chs' roarageakes a scy tu. oh,y go yo' a psycpath >>eyon's trmpha retn thetagefterivinbirt toaby ue. it's like going back to my old job. >> and michelle ama's rpri confsionboutradi plas wi a sr. >>he lt thg i ntedo thinabouwas ing a de. >>hy "cheletteemil maard rcederse to backn

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j. >>> una carrera enspierta ameri para que entonces ellos te dena fiionierade gobierta amaisita dr enn corte inglÉs. >>> ahora mÁs rato me encantÓ para mÍ fue la mejor, ximena navarrete >>> el cabello >>> lo llevaba espectacular, elvis tiel vestido que llevaba para mÍ la mejor >>> ximena, de benito santos el mejor, mejores diseÑadores >>> la manga larga no meica guÓ >>> transparente el escote tan largo, que me gustÓ mucho >>> mira el cabello como lo tiene, esa honda >>> ahora les voy a decir algo, ximena tiene una desventaja, que es difÍcil que se le vea algo mal >>> cualquier cosa. >>> para que vean en casa ese tipo de honda el que se estÁ usando hoy en dÍa, lo supo ma me j manejar muy bien >>> hermosa mujer, otro chico >>> o mÍ me toca mencionar a quien destacÓ en la alfombra roja, mira que es difÍcil >>> tÚ estuviste ahÍ >>> yo vi los horrores de verdad, los terrores de la alfombra, por eso estoy traumado >>> cuÉntame >>> les cuento que julian gil la hizo muy bien porque julian supo hacer una combinaciÓn adecuada, la verdad, julian es muy atinado siempre, trae el look muy padre, co

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dr. rock lack of just a few minutes about we will talk to robin black and a few minutes. take a look of the job levels there is a in the jay's is losses are more than they expected. it is said that at least $1 billion additional will be added to the loss. this nation's largest bank is still expected to make $3 billion during this quarter. the ibm and a stick of live look right now at the golden gate bridge. you can see that the clouds and fog are trying to clear. [ female announcer ] now get high speed internet at home on our newly expanded advanced digital network, a connection you can count on. introducing at&t u-verse high speed internet with more speed options, reliability and wi-fi hot spots than ever. call at&t now to get u-verse high speed internet for as little as 14.95 a month for 12 months with a one-year price guarantee. it's the fastest internet for the price. our newly expanded advanced digital network gives you more of what you enjoy online. and with at&t, our wireless gateway turns your home into a private wi-fi hot spot that connects your wi-fi devices and can even save on your smart phone data usage at h

dr benadryl, epipen, fur wear a medical bracelet, take it with you. >> there's a little bit from the celeb in your book, like layla allah, j.ng to what some stuff we had read. >> i've heard the rumor. i think it would be amazing. i can't confirm nor deny but i think it would be amazing. >> you should have been a lawyer. >> look at you. >> what would doug morris have done without you if you'd gone into law? >> exactly. >> we love you, doug. >> we love you, doug. >> it is a shout out to doug. >> your book, by the way, who do you hope grabs this book in the stores? >> parents. anyone who is raising any type of child. have you a child at home, this book is truly honestly for you. you are pregnant, you're expecting, you just delivered, toddlers at home, tweens, as long as you have a child at home it is never too late to make any change. >> because this could happen at any time. a child could be eating something for a long time then all of a sudden they have a completely different reaction to it. >> the book is not only about asthma and allergies. book touches on if you're traveling. an expert in there speaks about traveling. we