amazon or activision. >> we are talking about activision is $20 billion. and it could be an acquisition target. i'm not sure who could buy it with a $50 billion market cap. but i stick with activision. i don't like the king deal. i think that could be -- burn a hole in the balance sheet over time. >> they have to position themselves. and there is a lot of different reasons why they did that. and when you look at king digital, i think it is 40% or 50% of the users are women. that is a segment they wanted to get themselves positioned in as well. >>> let's stick with technology. qualcomm rallying after entering 3 g and 4 g patent license agreements with beijing and home appliance maker high group. despite today's pop, we should note it has been a rough year. shares down 31% year-to-date. is this a sign of life here? >> we've seen lines of life like this over the last 18 months and it is -- the starting around the stock at $85. every time you see a move like this, it is thwarted in a week or. two and they have a tremendous balance sheet and it is not a ridicul

activision best t own for more trtritional games like "guitar hero" and "call of duty." >> stephen: yes, "candy crush" got sold for $5.9 billion. that's even re than disney paid for "star wars," or approximately how m mh i would pay to see the next "star wars" movie right now. ( cheers and applause ) so why did they spend so much money? why all the cash? well, partly because last year, through in-app purchases, candy crush's 474 million monthly users spent $1.3 billion. at least some of that wasn't from when dylan's mom left her phone on the counter. but possibly, because activision blizzard just announced the creation of their own movie and television studio to make filmss "call of duty." to stay true to the original "call of duty," while you watch the movie, there'll be a 12- year-old sitting next to you telling you hohomuch you suck. clearly, if i'm reading this right, clely, it's only a matter of time bore activision makes a movie out of "candy crush," featuring, no doubt, an all-star cast led by liam neeson as mr. toffee. and even though it doesn't exist, i believe we have a clip.

but possibly, because activision blizzard just announced the creation of their own movie and television studio to make films based on their games such as "call of duty." to stay true to the original "call of duty," while you watch the movie, there'll be a 12- year-old sitting next to you clearly, if i'm reading this right, clearly, it's only a matter of time before activision makes a movie out of "candy crush," featuring, no doubt, an all-star cast led by liam neeson as mr. toffee. and even though it doesn't exist, i believe we have a clip. jim? >> my son. >> stephen: oh, father, you've stay still. i'll get help. someone, call the donut doctor! >> no, no, son. it's too late for that. my game is over. as our people say, i am out of moves. >> stephen: don't say that, father. drops! >> stephen: i'm such a fool! i put three of them together, and they disappeared! so sorry. >> it's all right, my son. not even a triple color bomb combo could save me now. where-- where were you? >> stephen: father, i was stuck at the ice cream caves. i was clearing all the jellies, just as you taught me, fathe

activision blizzard even though it is a top performer for the year is a laggard today. if you look at some of the winners on this final trading session of 2015 it's a lot of the media names, there is a report in the daily mail that states that liberty's chairman john malone may very much be interested again in reigniting possible friendly merger talks with vodafone. >> thank you, courtney. let's go to bob pisani on the floor at the new york stock exchange. bob, last year the s&p 500 ended the year at 2058.90. the question is whether we will close above that number today, increasingly it does not appear so. >> take a look at the s&p here. we got over it earlier in the day as oil rallied, it moved up towards $38 then we had faded late in the day as oil has come off of its highs here. one tradition that's happening is buy the losers on the year, that's happening a little today, so the energy names, so many of these energy names we put up every day like devin and range resources they are modestly on the upside today, another one buy the losers is industrials. we talked abou

and i've got lots of ideas to share with you, beginning with skylander superchargers from activision. this is the latest in the best-selling game that fuses action figures with a video game. you place the character -- or now vehicles -- on that portal of power, and they come alive inside the video game. numerous vehicles -- land, sea, and air -- are now available. you can upgrade them, upgrade weapons, take on lots of missions. it's a blast and available for multiple consoles, starting for $75 for the starter kit. parents will be happy to know -- all existing skylanders will work with this game, as well. speaking of games, this is a great bundle. it's a limited-edition star wars "battlefront" playstation 4 bundle. if you want hardware and software, the force is strong with this hot bundle, which includes the number-one-selling console -- playstation 4 -- a darth vader-inspired controller, copy of the game star wars "battlefront" deluxe edition, and a voucher for four additional classic star wars and, of course, the playstation 4 is more than just games. you've got support for netflix,

is a sidelines stock, but they really like activision blizzard.think that 2016 is likely to be a good one. betty: thank you. the biggest stories in tech in the past year has been the push into cloud computing. several software giants got into the game in a big way in 2015, including microsoft. toits stock price, it seems have paid off. my next guest says splinting on-call technology is only going to ramp up in 2016. he is a senior analyst covering software for bloomberg intelligence right he joins us now with the outlook for the coming year. we are looking at software here. how much is cloud computing going to accelerate next year? >> from the results we saw in the previous quarter, it seems that the actuation is picking up, which could continue into 2016. this is for basic structure as a service. if you want to start a new application, start a new tead ofs, ins building our infrastructure, you rented for microsoft or amazon. we will see that much more than what we have seen in 2015. that has broader ramifications for the entire industry. companie

and i've got lots of ideas to share with you, beginning with skylander superchargers from activision. this is the latest in the best-selling game that fuses action figures with a video game. you place the character -- or now vehicles -- on that portal of power, and they come alive inside the video game. numerous vehicles -- land, sea, and air -- are now available. you can upgrade them, upgrade weapons, take on lots of missions. it's a blast and available for multiple consoles, starting for $75 for the starter kit. parents will be happy to know -- all existing skylanders will work with this game, as well. speaking of games, this is a great bundle. it's a limited-edition star wars "battlefront" playstation 4 bundle. if you want hardware and software, the force is strong with this hot bundle, which includes the number-one-selling console -- playstation 4 -- a darth vader-inspired controller, "battlefront" deluxe edition, and a voucher for four additional classic star wars games. and, of course, the playstation 4 is more than just games. you've got support for netflix, hulu, playstation m

activision, up 102%, electronic arts, nvidia up all since q3nded. the next one, total system services, that one that's probably inaccessible to most of you people. you probably wouldn't have nailed that 70% gain. same with avago, advanced 67% since qe-3 ended. i featured avago as a key chip supplier. expedia's next. it didn't take me long to realize the key to getting to expedia. it's the most powerful reservation system on earth. cablevision and vulcan finished 57 and 67% respectively. and cablevision had a takeover bid pup might have owned it. vulcan's a rock company. benefits in increases in housing starts. some of these are obscure. but anybody who argues they couldn't figure a spot on amazon or netflix, you're fooling yourself. marty taught me not to fight the fed but to be flexible at the saturday time. i think that means keeping an eye out for good companies and waiting till their stocks dip to bargain basement prices before you full the trigger, don't be been or don't let gains turn into losses because of overexcessive greed. anthony in new

i don't know if that will be triggering social activision and unrest but certainly triggers social dissatisfactionsee that in consumer surveys. need tore does the rial get you to be a fair level or two really help the economy? alberto: great question. for level is 3.6 good it is today 3.8, 3.9. but the economy needs to be weaker at the federal level. we need a weak currency relative to the phenomenal to facilitate the adjustment. we continue to be gerrish on the rea -- bearish on the real. of: alberto ramos, head latin american economics at goldman sachs. serlet: coming up, realtors, -- three letters, sed. ♪ scarlet: i am scarlet fu. "what'd you miss?" don't miss this. you couldn't if you wanted to. week?hadt fed day next no idea. scarlet: janet yellen will be holding a news conference. that is when the real fireworks will begin. joe: everybody's interested in whether they will hike or not. they almost certainly will but you never know. what will this say about the pace of the ongoing hype, and will they be able to hike while making it seem dovish? lots of exciting stuff there. scarlet: also, the

. >> liz: you're not saying invest in facebook, electronic arts and activision. >> first sets are going purchased for video game. when you look at games like call of duty with large installed-basis, when you add have you virtual reality wait for these things. >> liz: good to see you. when you saw me putting on the virtual head sets, that was consumer electronic show i am going wednesday january 6th in las vegas to show you the greatest and latest gadgets, etc. dave and melissa it is your turn. >> melissa: we blame you for that. >> david: terror attacks in europe as major cities take drastic measures to keep everybody safe. we've got an update of what's being done here and abroad. >> melissa: ship has often given a few-minute warnings. we have the details on that one. >> david: try to convince the nfl not to move to teams to los angeles. we are going to speak to the man that knows the situation very well, wide receiver with the rams. >> melissa: dow nearly 120 points to close as the closing bound sound on wall street right now. s&p 500 and nasdaq are still in positive territory for the y

ever of this level, you will expect -- >> that's the down side of m&a, and it's the down side of activision as they look to cut costs. i would think it would be the tip of the iceberg. you have to feel terrible for the people who get notices. absolutely. a merger this size, they're definitely more heads to fall. >> jim. >> i got to agree with that whole heartedly. 1,700. belief me, i'm not making light of this. i feel for those people. that is a small number for these two companies and their size, so you should expect more. wilmington, unfortunately, is going to be ground zero for this. >> it's always terrible to receive this kind of news in the holiday season. of course, our thoughts are with the people who will lose their jobs. with just two trading days left in the year, what can we expect in 2016? it's time to duke it out. joining us now with a technical take is jonathan, chief market technician of mkm partners and making the fundamental case is jeff sort, chief investment strategist at raymond james. both of you, great to see you. jonathan, i believe you think if you were waiting for s

activision, blizzard, among the losers as we get underway today.ive from the nasdaq looking at sears. abigail: happy new year. bruce berkowitz, the largest outside shareholder of sears holdings has signaled he may take a more active role at the company. this is the largest shareholding equity -- stockholding for fair home. 20% of its equity portfolio. berkowitz has been acquiring shares 2005 when revenue growth was closer to 15% as compared to a decline of 23% this past fiscal year. a company that is largely viewed by many as a real estate play. warren buffett did take an 8% passive stake earlier this month in a reach for sears stores created to capitalize on real estate holdings. erik: the latest on sears with bruce berkowitz signaling he and eddie lampert may have a difference of opinion. high-yieldll the meltdown spill over into 2016? distenfeld has an opinion. ♪ vonnie: welcome back. puerto rico is escalating its conflict with investors. the commonwealth lance to develop on bond payments due tomorrow -- to default on bond payments due tomorrow.

activision blizzard up 97%. other big names in the tech-heavy nasdaq 100,le alphabet class a.lass c shares up 47%. starbucks up 48%, and facebook up 37%. all the fang stocks that we often talk about are among the biggest gainers in the nasdaq 100 this year. the biggest loser, micron technology. that stock is down 60% year-to-date followed by western digital down 45%. viacom is a close third. >> big bright spot here. the ivy league and nasdaq biotech etf up more than 12.5% for the year. on track, forgot, guys, that's seven consective. back to you. >> good morning. weather continues to affect flight operations. not only here at la guardia, but across the country. some 1,300 delays so far. 1,000 cancellations. some of those airports affected. chicago, newark, dallas. of course, here attala guard wra. all the way to boston where it's been snowing this morning. as you mentioned yesterday, 5,000 delays, 3,000 cancellations. all part of a domino affected that started over the weekend in the texas area where you had those storms and tornadoes affecting hubs in dallas and houston. movi

. -- activision. number six is vulcan materials and verisign.orporation and what is number nine s&p 500 for the year? come on. guesses? starbucks. nobody knew that. alphabet, is number 10. i say google you say alphabet. the panel, esteemed panel come being back with more analysis of janet yellen's comments. boy, oil is only 40 bucks. we'll be back. i've been called a control freak... i like to think of myself as more of a control... enthusiast. mmm, a perfect 177-degrees. and that's why this road warrior rents from national. i can bypass the counter and go straight to my car. and i don't have to talk to any humans, unless i want to. and i don't. and national lets me choose any car in the aisle. control. it's so, what's the word?... sexy. go national. go like a pro. neil: i was worried we didn't have enough loud people on the set. then i thought, wait a minute, where's gasparino? >> hello. >> neil. neil. neil. neil: this is not a "star wars" character. you're doing steven lieb, right? >> neil. neil: okay. okay. >> he's okay. >> no he's not. neil:

activision has the movie of the holidays. >> you see tiger woods presser yesterday about what he's doingrying to recover? >> no. >> video games. he said i've gotten good playing video games. >> black ops 3, my nephew said the darkest thing ever, which is what he's looking for, gamers love it. the guys who are really gamers -- you're giving me that look again? >> i'm not giving you the look. i'm not familiar with the shooter games as much as feifa. >> dalai lama and call of duty don't really go together. i'm playing c.j. anderson for football. i got that there the roto world guy. i'm covering sports, finance and entertainment. >> what will you cover tonight on "mad?" >> we have jeff immelt. general electric. talk about the digital economy and industrial, how he's the fastest growing industrial company on earth for organic. and manny chirico. pvh has been under pressure because people say the weather is no good. these two guys will tell us a lot about the economy. you can listen to yellen, lockhart or cihirico and immelt. >> ge in the top seven of dow components for the year. >> fastest or

activision is a big growth name. facebook. exteed exped expedia. they're all down. growth stocks have outperformed value stocks. those are the growth names. they've outperformed the overhaul market. i think this is an interesting argumentment. a lot has to work for value to work in 2016. number one, you've got to get oil stabilizing. this is a pretty tall order. the consensus, everybody, you know this, we get another year below trend growth and oil is going to struggle to rise. that's the consensus. you can see these beaten up value names. alcoa is up 10% in two days. so play the end of the year santa claus rally. i think you can make some money at it. the big question is will it work into 2016? back to you. >> value investors tend to be very patient, but this has tried even the most patient of the value investors this market has. thanks, bob. see you later. time for our "closing bell" exchange on christmas eve eve. susan fulton, rick santelli is in chicago for us. mike santoli hates this when i refer to the santa claus rally. whatever you call it, it's day three of

activision was one of the best performing stocks after qe 4. xbox is a winner.d them to break off xbox. i have been value acting that. now i have come around the idea. don't shrink to grow. you are growing. i have been won over by the microsoft people. maybe i am drinking the kool-aid. >> it has been a shrink to grow year for some. i want to get to the banks, jim. it makes sense we might want to look at how they are performing now that we have left the zero bound as they like to say with 25 basis points. it is a mixed bag. everybody raised their primary. of course they did. they always do after a rate hike. it has just been so long. >> they are not raising your deposit rate. we always talk about net interest margin. that gets to it. does it start to improve? >> immediately. even 25 basis points can improve. you get a full 100 base points. you start seeing nervana. because of the great recession, they were able to divide the country. their deposit rates were so big. jpmorgan has tremendous love. you don't have to e-mail me and tell me that. i don't stand correcte

. >> almost a doubling for activision and blizzard.mazon.com and this thing is up 120% so far just year to date. this is carrying a lot of weight. the best performing nasdaq 100 stock so far year to date, we know this, it is the best performer in the overall s&p 500, netflix is up 56%. the big cap stocks driving a lot of the gains as we sit near record highs. >> thank you very much. and stocks are rallying on this first trading day of december. the dow up a little less than 100 points. 93 to be exact. is this good news for the market in 2016? joining us is david specca and chief investor officer at castle arc management. david, how do you see 2016 stacking up? how do you see '16? >> 2015, we think the market basically treads water between now and year end. not a lot of catalyst to push it either way. the real key is going to be earnings. we think the economy continues to grow relatively slowly. we see the global economy growing slowly. earnings will be the key. i think for investors sh the best place to look are industries where compan

and netflix, amazon and activision the top performers this year but are the charts signaling that theove affair may take a turn for the worst. we'll explain. >>> and later, tesla takes off. and wul hear from one tesla

netflix up 135%, amazon up 115%, activision nearly doubling this year and nvidia up more than 60%. oil and gas companies have been leading the declines. chesapeake down 80% for the year. consol and southwest energy down 75% and a list too long to mention of many more stocks down 30%, 40% or even 50% in the group so far this year. in the meantime, the financial and the telecom sectors are kind of the january and peter bradys of the market. the middle children of returns. telecom down 1% year-to-date. financials down 3%. the question is, can these sort of boring laggard groups this year become your winning investments next year? jennifer fritsche covers telecom for wells fargo, brennan hawkins covers financials for ubs. the fed rate hike heard around the world hasn't proven to be that big an event nor tfor the financial names. are there any you feel will outperform next year in part because of higher sflats. >> what i'd say is we prefer given the fed rate hike and the tailwinds you hit on briefly, we would prefer the bullish bracket groups and then the trust groups. even if we see a

fe activision blizzard up by 3.5%.he ibb biotech etf also rebounding by 2% after seeing losses yesterday. apple also seeing a big jump here today by 3.1%. news that its biggest rifle samsung announced it will hand over $548 million it owes for patent infrangment. >> so is today's strong jobs report the catalyst for year-end market rally? joining us now, steven freedman from ubs world management research. good to see you, sir. to what degree did the strong jobs report basically vindicate what the market has been expecting all along, at least most of the market, and that is a december rate hike, and, therefore, today we're seeing sos sort of a sigh of relief. >> absolutely. i think the jobs report really delivered on expectations. it was a bit better than what consensus figures were predicting both in terms of the actual number but also positive revisions for prior months and i think at this point there's really very little to prevent the feds to go ahead and hike in december. i think it's a good thing generally speaking

activision, that chart up 92% nearly doubling this year. back to you guys. >> all right, dom.come over here, while you are here, join us to play more about the feds' move and where the markets are headed. we're joined by fidelity's director, and mike ryan, chief investment strategist, and, mike, you're on set, tell us what you think about what the fed did, why the market first looked at it one way and turned around a day later. >> first of all, i think the fed did what was appropriate and needed in terms of resetting policy by 25 basis points. that may have been the easy part, becky, but it's how the fed signals going forward. they have to continue to emphasize they will be conditional, but is it going to make sure they respond to the economic conditions bur, but th are not purely reactive. at the same time, they have to give a sense there's a pathway they set, but it's not determined. that's something to negotiate, and that's the reason there's volatility in markets. that's a narrow corridor to negotiate. >> it also means, look, they are not telegraphing like they had been to

activision blizzard is also up.lphabet class a voting shares up, and class c nonvoting shares up, and starbucks up 46.5%, and facebook up 35.8%. the bank stocks we talk about so often among the biggest gainers this year. now, to the downside. the biggest loser, micron technology down 60% year to date followed by western digital, down 45%, and class b of nonvoting shares, a close third, down 45% yahoo! down 35.5%. >> apple? >> down 3% for the year, but not a big decliner. >> saying something, though, the most beloved stock. >> in terms of the points, it was the biggest point decliner. >> only 3%. who doesn't own it? >> apple suppliers fairing worst. the trade, shorting those for maverick capital. >> joe, you've been right. just say it. we'll say it. you've been right. >> you don't have to be that brilliant to know when guys say it doubles, analysts, i don't know, they -- they do all this stuff, and -- just say, look -- >> assigned terminal value like zero. the flip side -- >> not saying it's zero, but come up with so

check out the big winners, netflix, amazon, activision, and nvidia.iness worldwide. surprise!!!!! we heard you got a job as a developer! its official, i work for ge!! what? wow... yeah! okay... guys, i'll be writing a new language for machines so planes, trains, even hospitals can work better. oh! sorry, i was trying to put it away... got it on the cake. so you're going to work on a train? not on a train...on "trains"! you're not gonna develop stuff anymore? no i am... do you know what ge is? >>> a last minute gift idea with a twist, a new start-up called stockpile allows stockholders to buy fractional shares for a number of the hottest companies on wall street. here is the chief executive officer, dan shannon. brokers always thought round lot to get to 100 shares. you are talking about being able to buy if it is a $90 stock, buying a fractional part of one share. >> that's right, joe. thanks very much for having me. >> you are welcome. >> you can now bias little as $25 of stock and you can do it in any dollar amount you would like at the store. this

and winners, netflix, activision and others among the top five performers in the s&p 500. price of crude dragging down energy names and this is the biggest losers. southern, and more. and what about the coming year, everybody? let's talk about it. joining us now is the host of risk and reward, and jason, i go to you first. what does the new year look like? >> sure, dagen, it's been an interesting year this past year. as we move into 2016, we'll begin making progress back to normal, but that requires a bit of a definition here. one of the aspects of normal is more normal monetary policies. we'll see an increase in short interest rates and probably long-term as well and those have been held down significantly by the federal reserve. at the same time, we are seeing the new markets. japan is coming back into focus and people are realizing, it's not as bad a place to investigate as we thought for the past 20 years, and that could be more interest and china is transforming itself from a manufacturing export-led economy to a consumer-led economy and at the same time you were talk