and the tech any cams on that are on fire. be a buyer of those two names. >> pete? >> i think you're talking about the xly. i love the fact you've got the china play with starbucks in there. home depot and lowe's to the housing. and obviously the online world of shopping. i think that's the direction, whether it's ebay, amazon. but it seems to always go higher. i like ebay if i was going to pick. >> streak continues. karen is undefeated. >> b.k. did use standard deviation. >> and ratio. >> i mean, ratio, he just pulled that out of nowhere. >> nonlinear. >> that's what six years of college will do for you. >> everybody gets a medal. >> everybody gets a trophy. >>> coming up next, how to create the best bang for your buck against the u.s. dollar as the debt ceiling debate intensifies. and we head to twitter to trade your tweets. much more "fast" coming up. see life in the best light. outdoors, or in. transitions® lenses automatically filter just the right amount of light. so you see everything the way it's meant to be seen. maybe

sandra: plus big news in the tech world. we have got reports that dell is in talks to go private, and that's sending shares way up today, up more than 12 bucks. the iphone keeps losing market share and iphone part manufacturers they are losing orders. is it time for tim cook to lose his job? we've got an analyst who covers both of those companies, david coming up. david: also toyota driving past gm taking the title for the world's top selling automaker. we will go live to the detroit auto show to hear from toyota u.s. president about what new cars are hitting the road. wait till you see the new mercedes by the way. but first we will tell you what drove the markets today with today's data down load. stocks struggling for direction today. the dow crossing the unchanged line 36 different times before holding firmly in the green. the dow posting gains for the fourth trading in a row while the nasdaq and the s&p ended lower. industrials and consumers staples were today's top performing s&p sectors while telecom and technology did

we're attacking more businesses people to join the green tech companies already in our city. and ten years later a working together is - the boy tech companies are calling san francisco home. through china s f we have attracted you 15 companies from china. we we're expanding public partnership to china and asia and othe and others companies >> our record 4 four and a half million passengers floosz san francisco airport in 2012 up 8 percent last year with more expected in this year 2013. >> that's why we have to work together for the center and the budgeted committee will be taking up this week and we'll be competing with alaska and others large cities for trade shows. yes. but our economic recovery or our economic progress is not just taking place to mission bay or our own downtown i can see it in our commercial corridors and commissioner kim knows that no where that our neighbors are more deserving to the makts place. not even two years ago we offered a break for our payroll tax for businesses who agents to move in and create more jobs. this area in downtown has resisted grow

the tech sf workforce innovation partnership is a three-year grant from the department of labor that began back in july of 2012. it goes through june of 2015. it's primarily work force investment act funding. it will be used to implement industry-based solutions with the it sector to cultivate local talent and the [speaker not understood] workforce systems and operations to meet the ever evolving needs of both the local employers and job seekers. so, of the $2 million grant, 1 million will stay within the city between oewd and the department of technology for two positions. and the rest of the money will be subcontracted out. >> can you speak a little bit more about what the grant would do? >> sure. basically it leverages our existing techsf partnership to implement some new technology solutions and new programs to enhance the overall techsf program. so, part of the project will be developing new curriculum and project based learning internships and projects with san francisco city college and [speaker not understood]. there is a large component of that. about 20% of the grant is for

talking all things digital with the senior tech editor here next. getting to the heart of the issue in this today. the president's ego overtaking, i think, at least consideration for those senators and the prospects for a success, and, also, senator rubio making it clear once again to the president as he forewarned this morning that it is absolutely unacceptable not to link the patway to citizenship and all of these reforms to first and foremost boarder security. >> that is correct. you're absolutely right, lou, and rubio's right. i don't doubt that the republican and even some democratic senators who are with him on this proposal are really thinking about the security of our country first, and i applaud them for doing that. what's the prerequisites? what's the country saying to itself when we address the undocumented population? something we want to do because we feel like it or things we have to have in place. lou: let's not go that deep psychologically, but i think everyone at this point is ready to do what's best for the country, and that is, of

worst performing groups within the tech sector. things off. it will report on thursday and mind that big slide we've seen in the stock over the past several months. also texas instruments is one of the companies that has come out and warned ahead of its results. applied materials, this one made a major come back over the past six months, up 16%. it recently warned about weakness in the fourth quarter. remember the pc market has been weak globally. cisco system, hewlett-packard, if you own any of these companies, these these companies warned ahead of reporting results. if you're looking for a company that shined, i have to pull up apple. we've been talking about apple a lot lately, guys. did i bring it up. here is the precipitous decline in apple shares. a lot of analyst talking about value in apple shares. getting a nice $21 boost today. guess what, guys? fourth quarter profits at apple expected to be down 3.8%. way underperform the broader market. they have only missed their estimates four times in the past 10 years. that is four q

the lower rate. lou: that's exciting other than one thing. those tech are not idiots, and the fact of the matter is they are bright folks, and that money should be driving towards creating product and services and innovating. it bother me less about the tax policy, frankly, than the fact they don't obviously have an idea. the lack of ideas will kill any capitalist. >> any one of the executives plead few dish ri responsibility. lou: i believe every one of them. >> very true. lou: thank you so much. >> you bet. lou: appreciate it. more on wall street and how high the dow could climb coming up next. major league baseball grabs headlines this super bowl week. forgot bonds and sosa, new steroid super stars for you. we have them next. president obama flew nine hours to las vegas to give a big speech on immigration. turns out, he didn't have much to say. is he trying to blow up the deal? the a-team joins us next. five days of violence, egypt's government on the verge of collapse. fox news middle east terrorism expert joins us next. ♪ but your erectile dysfunct

ibm and google helped fuel the tech rally, thanks to their strong results last night. the dow jumped 67 points, the nasdaq added 10, and the s&p was up two points. also powering the rally, news that washington lawmakers passed a short term debt ceiling deal. the u.s. house of representatives gave the okay to a republican plan to suspend the debt limit until may 19. democrats in the senate now say they'll pass it too. darren gersh reports. >> reporter: the debt ceiling suspension came with a couple strings attached. if senate democrats don't pass a budget-- something they haven't done for four years-- members of congress won't get paid until they do. >> this bill simply says, "congress, do your job." when i grew up in wisconsin, if you had a job and you did the work, then you got paid. if you didn't do the work, you didn't get paid. it's that simple. >> house democrats called the pay ploy a gimmick and said a 90 day reprieve from default simply moves the crisis back. >> for the last two years, we've heard from our republican colleagues economic uncertainty is bad for the

companies, the same with tax exclusion that we also did on stock compensation was that tech companies were committed on working with the city of san francisco on hiring residents from many neighborhoods that don't have access to the growing technology sector whether it is the mission, tenderloin, south of market and western addition; and happy to have cosponsors breed, cohen, avalos - to see what it is that we can do to partner with our private tech sector to ensure that we are opening up and creating a pipeline of jobs whether it is for our students born and raised in san francisco who might not get the type of education to be competitive for these jobs; whether it is adults that i found themselves unemployed in an economy not doing well but need additional training for these jobs. what is it that we can do to partner with the mayor's office in our tech companies to develop programs that would address three different population needs so they can benefit from this growing sector? we have had a remarkable growth in the technology sector. i am proud that their here in san francisco and

the tech company had better than expected earnings.. and the credit is going to the new ceo marisa mayer. the federal reserve is set to release federal reserve, banks it's results on the latest bank stress tests march 7th. and sale and clearance signs that were removed by management.. are going back up at jcpenney... larry levin of trading advantage joins us on this tuesday for a closer look at the trading day. good to have you on the show. which sectors in this market have the most power would you say? > > i would have to say in the tech sector, nasdaq, apple stock obviously. and if you're talking about power its markets that move both ways. certainly apple's big down move has been something big. and then obviously yesterday we saw yahoo and their earnings come out and a big pop in that stock. so i like tech. > > the fed meeting gets underway today. what is the market anticipating here? > > proffessional traders down behind me are certainly anticipating more backstopping by the government, certainly no change in interest rate or anythin

. >> first, the tech bytes. >> the competition is taking a bite out of apple. the company reportedly is cutting the orders for parts for the iphone 5 because of weak demand for the smartphone. the sales are slowing while samsung's share is increasing. here is another problem for apple, teens say it is no longer cool because adults like apple products but teens want the latest and greatest not a phone that came out when they were in elementary school. now a fix for the security flaw in java that. brother add warning from homeland security. 850 million people use java and this patch is not enough. those are the tech >> daly city, dublin, los gatos and all the bay area, this is abc7 news. >> good monday morning at 4:42. the embarcardero in san francisco, the ferry build, still red and blue for the 49er would won. here is the thing, it is very cold out there. you cannot tell from the picture but we have frigid conditions. mike nicco will talk about how long before we warm up this week. >> in the news the corruption trail of six former city officials in the los ange

the change comes exactly one year after the tech titan knocked the oil giant out of the top spot. shares of microsoft ended flat today, after posting quarterly results last night that topped forecasts. the once undisputed king of tech has seen its marketshare eroded by the likes of apple and google. but, as ruben ramirez reports, microsoft may be gearing up for a makeover. >> reporter: microsoft may be best known for it's windows operating system but word that it could sink about $3 billion into dell may give investors a clue about what it sees in its future. >> similar to dell, microsoft really is a company that is strapped for growth right now so access to a potentially new growth avenue could be beneficial for microsoft. >> reporter: one growth area is the consumer space. microsoft launched the surface tablet this past fall-- it's first foray into the hardware space. >> people like to do everything on something that is light and portable and fast and they want to do more and more and more. >> reporter: analysts say the surface has been slow to gain traction with consumers, part

first, the tech bytes. >> in tech bytes apple feels the heat. the "wall street journal" says the company is reportedly working on a cheaper iphone with a plastic shell rather than an aluminum shell, less expensive droid phones are gaining market share. the news from the consumer electronics show isn't just entertainment. audi has a car that parks itself but can pick you up. the really cool part is how it works with a smartphone. >> seeing the car drive on its own is amazing but pressing a button, and seeing it start and arrive where you are standing is pretty down right amazing. >> but this is still 10 years off. those are the tech [ male announcer ] pillsbury grands biscuits. delicious. but say i press a few out flat... add some beef sloppy joe sauce... and cheese fold it all up and boom! i just made an unbeatable unsloppy joe pillsbury grands biscuits. let the making begin. that's been wrapped in a flaky crust stuffed with a gooey center toasted up all golden brown then given a delicious design? a toaster strudel. pillsbury toaster strudel. so

have shown supervisor for every technology job created issue over four additional jobs outside of the tech field are sustained. and a full three quarters of the city's job growth has happened outside of the technology industry. the tourism industry alone, for example, supported 71,000 jobs in the year 2011 with a payroll of over 2 million-dollar and immense jobs creators between treasure island. the cp m c rebuild and a new warriors a arena over 4,000 permanent jobs and over 15,000 construction jobs will be created and sustained and we are rebuilding the city with san franciscoians thanks to your leadership on the local higher legislation not just for public projects but also private project like the proposed a marine eye 3030 and let's not forgot the manufacturing mere in san francisco through s of may we are offering programmings and technical assistance so that they can also be local job create ores i'm also crateful for san francisco voters who past thed housing trust fund to now allocate one $.2 billion in the next 30 years for low increase and moderate san franciscoians to house our

the change comes exactly one year after the tech titan knocked the oil giant out of the top spot. shares of microsoft ended flat today, after posting quarterly results last night that topped forecasts. the once undisputed king of tech has seen its marketshare eroded by the likes of apple and google. but, as ruben ramirez reports, microsoft may be gearing up for a makeover. >> reporter: microsoft may be best known for it's windows operating system but word that it could sink about $3 billion into dell may give investors a clue about what it sees in its future. >> similar to dell, microsoft really is a company that is strapped for growth right now so access to a potentially new growth avenue could be beneficial for microsoft. >> reporter: one growth area is the consumer space. microsoft launched the surface tablet this past fall-- it's first foray into the hardware space. >> people like to do everything on something that is light and portable and fast and they want to do more and more and more. >> reporter: analysts say the surface has been slow to gain traction with consumers, part

. >> first, the tech bytes. >> in today's tech byte a hack attack on "new york times" saying chinese hackers have been infiltrating the computer systems for four months and the attack started after a "new york times" investigation of their prime minister. a makeover for the blackberry. the new phones are running a new operating system but they have changed their name to blackberry. the first phone could be too late for blackberry. >> it is probably not enough to bring back all the people that once used blackberry. some will love it for the new features but a lot of people are happy with their iphone and droid phones especially for their apps. >> it will not be available until mid-march. those the tech >> novato, oakland, sunnyvale, and all bay area, this is abc7 news. >> we are on this thursday morning and this is ballot against a huge fire in wisconsin, burlington, wisconsin , which has risen to eight alarms now. firefighters from two states are here. it is at a food processing plant and started at 6:15 last night and it is still going on, at least part of it this morning, and you ca

one is we talk about san francisco's growing economy, and it's especially growing in the tech sector. there was a report in the paper today from the bay area council study and uc berkeley study there is a great multiplying effect happening right now with jobs created but i'm wondering if the city having greater or in the water to make sure that we are building a pipeline between long-term local residents especially comments of color with jobs in the tech center would be something that we look at possibly, but that's an interest i have. there is an example in our packet that talks about looking at trees and the issue of relinquishment right now in san francisco and tip -- stipically before a progress issue and it's a burden to be responsible to take care of trees. is there a way to reestablishing foresteration program and tree maintenance program in san francisco and part of work force development. that to me is an interesting idea and cuts across the politics in the city. that was an example provided in our packet. i am also interested in the municipal bank idea that is also an exampl

the metaphorical baltimore. california is coming back strong too. tech, particularly the semiconductors and everything related to the cloud and the internet are roaring here. it's almost as if the incredible slide in apple is fueling dozens of tech stocks to new highs. google's become the new tech leader. but who can ignore the run in none other than facebook? which is up astounding 16% this year and will be addressed later in "mad money." the internet and the cloud, based on producing winners left and right. and are providing broad leadership that is so much better than just that army of one that was apple. finally there's louisiana, home of the super bowl. and more important, the energy sector. so far in 2013, it's the leader, it's up 8%. sure, oil's increased in price this year, but that's not what's really behind the energy move. no, it's the astounding renaissance of the american oil industry. where we keep finding more and more oil and gas, and the company's doing the findings that keep going higher and higher in price. just think about what core l

. >> first, the tech bytes. >> in the tech bytes facebook takes on google with a new search tool. it allows users to look for any information their friends have shared on the site. it will be rolled out the next few weeks. do love your droid but don't like the keyboard? >> they have a wonderful app that predicts what you are going to type next. it gets smarter and smarter the more you use it. >> it sells $4 after a one month free trial. and delta lets passengers monitor your progress from ♪ i'd like to thank eating right, whole grain, multigrain cheerios! my bowl, my spoons! mom, are those my jeans? [ female announcer ] people who choose more whole grain tend to weigh less than those who don't. multigrain cheerios has whole grain and 110 delicious calories. ...more grains. less you! multigrain cheerios in multi-grain cheerios peanut butter. as part of a heart healthy diet. that's true. ...but you still have to go to the gym. ♪ the one and only, cheerios ...and now... you! [ giggles ] ♪ the one and only, cheerios >> santa rosa, berkeley, san jose, and all the bay area, this is abc7

the tech company moving its -- losing its lace to exxon-mobil. -- its place to exxon-mobil. some analysts wonder if apple can keep growing by releasing new versions of the same products. >>> just ahead on the news edge, not the only ones dealing with the bitter cold. the chilly weather creating quite a scene in other parts of the country. >> last year a man saved a neighbor from a burning building. this time a dog from the bitter cold. he tracked down the owners. at last check, the dog is doing fine. >>> you think it's cold here? other parts of the east coast and itself u.s. are dealing with bone chilling temperatures tonight. we have more on the extreme cold. >> reporter: bitter cold putting a deep freeze on new york city. the bryant park fountain in midtown, manhattan, turning into an icy work of art. >> it's the perfect display on instagram of just how cold new york is right now. >> reporter: pedestrians bundling up to protect themselves from the weather. >> i have another pair of pants underneath. >> reporter: the chilly weather also creating quite a scene in deluth, minn

many companies unveil new products here hoping to get the attention of the tech media. organizers of the event say companies big and small come and are here to display new wares to prospective clients. >> hewlett-packard is showing air print printers. polk audio is here. senheiser is. there's a lot of app developers. about 100 of them. >> reporter: organizers say the trade show has survived in stride after apple pulled out. it seems strange to have macworld without apple. but apple unveiled their first i'm phone here in 2007. now it says it prefers to stage its own events. that has not stopped the trade show from attracting people from all over the world and also from the bay area, both young and old. >> i work for a web contacting company and it is really interesting to see all of these apps and how they built it up to be strong. >> i brought it here in a -- in a papoose. he was about this tall. >> reporter: he's off to a good start. >> oh, yes. >> reporter: actor ashton kutcher spoke. he spoke about what it was like to play steve jobs in the upcoming movie about the ic

the weakness in particular today continuing to be the tech sector. 's reflected in the nasdaq. >> thank you very much, mary thompson. >> you're welcome. let's check the bond market and see where yields are sitting. as money went into equity. we saw a sell off in the bond market. that is changing a little bit. still in the red in terms of bond market performance. however, we have come off of our worst levels of the day as stock market has started to pair its advanced and to yield on 30-year bond is now at 3.4 -- 3.04%. ten-year backed up in terms of yield to 1.84 percent. we were at 1.84 this time yesterday. that's a lock at bond market this hour on "power lunch." >> with the s&p breaking the 1500 mark for the first time since '07, joining me on the floor is kenny, director of floor operations for o'neill securities. ty is back at headquarters. with o our contributor, michael far farr. watch this market carefully, it is not going to be positive if we lose all of our gains on the day. >> in fact it may not but that shouldn't surprise anybody. we have be

and the tech heavy nasdaq down .2%. e upside, the vix is higher once again. some names down are including coke. and it is earnings season so lots of names after the bell. phil flynn. phil: gold and silver are all on fire today. gold up over $8 right now mainly because doubling the inflation reading, used to be 1%, now 2%, the japanese will keep printing yen. you better buy some gold to offset it. citigroup lowered the gold estimate back down because it ty can't get above $1800. india putting in a new tax on gold holding us back a little bit, but platinum and silver seem to be leading the way today. continuing concern of production shortfall in south america is really slowing things down right now. sandra, what are things looking like i'm the wizard right now? sandra: look at this, typing up the dow intraday chart, making the highest of the session as we speak 25 points. a lot of his continuing on optimism over better-than-expected earnings. look at the s&p 500, a lot of companies making of the s&p 500 putting on earnings