aluminum maker alcoa was hit too, falling 3.3%. alcoa has seen aluminum prices recently stabilize.in addition to the drop in new home construction last month, we heard from home builder toll brothers. it earned $0.03 per share in the last quarter. while that's an improvement from the loss a year ago, it was considerably less than the $0.10 per share in earnings forecast by wall street analysts. while toll saw more home sales close, it also saw its average selling price drop. and so did the price of its stock. shares fell 9%. the stock has lost 10% in less than a week, after staging a big rally over the past year. other homebuilder stocks got hit. pulte group fell 6.8%, d.r. horton was off 5.8%. foxconn is not a household name in the u.s., but if you use an apple iphone, hewlett packard computer or any of dozens of other electronic devices, foxconn is the taiwanese company that assembles it. today foxconn said it has frozen the hiring of assembly-line workers in china after the lunar holiday there. that fed speculation about demand from apple and h.p. apple shares fell 2.2% since th

nevertheless, don't look for alcoa to give you any near term help unless it gets taken over. including the one that just paid top dollar for alcan not that long ago, i wouldn't hold my breath for a takeout. i don't see the earnings power to take the stock higher any time soon. it's not going to help us. fourth worst, cisco. i think cisco could be a big winner in 2013. even as the stock is acting terribly courtesy of john chambers when it reported last. i have never in all of my years of following cisco seen this stock at such a discount to all the other stocks in the s&p 500. it's a meager ten times earnings for heaven sake. frankly, that's ridiculous. i think this stock has the best chance to flip from dow lead to dow lead. third anchor on the dow, walmart, which rallied 65% with dividends. this is a tough one because the stock has moved so much lately that i regard it as overextended on a chart basis, especially after the company's squeamish outlook. like alcoa, do not look for too much near term help from walmart to power the dow through the all-time highs. second worst is

i would tell you i think alcoa can wait.mpany but the stock i think is kind of -- you get the picture or sound. let's go to brady in ohio. brady. >> yeah. i got stock from the new york stock exchange, atlantic power corporation. >> i don't know why people think that yield is not safe. that's what i keep hearing, the yield is not safe. let's do a little yield safe, not safe, edification on my own part and then i will make the decision. don't have to answer now. oh, no, that is it. that is the end of the lightning round. >> the lightning round is sponsored by t.d. ameritrade. >>> sometimes stocks don't behave the way you expect they would and you have to look below the surface to figure out what's going on. consider imgn, developing target cancer drugs and seek out and kills tumor cells and leaving the rest of the body mostly unharmed. big step up from chemotherapy or radiation and the platform is so good five of the top ten oncology companies out there license it from then. they approved a breast cancer drug that roche is dev

i would tell you i think alcoa can wait.e the company but the stock i think is kind of -- you get the picture or sound. let's go to brady in ohio. brady. >> yeah. i got stock from the new york stock exchange, atlantic power corporation. >> i don't know why people think that yield is not safe. that's what i keep hearing, the yield is not safe. let's do a little yield safe, not safe, and edification of my own part and then i will make the decision. don't have to answer now. oh, no, that is it. that is the end of the lightning round. >> the lightning round is sponsored by t.d.ameritra de. [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all on thinkorswim from td ameritrade. ♪ from td ameritrade. living with moderate to semeans living with pain.is it could also mean living with joint damage. humira, adalimumab, can help treat more than just the pain. for many adults, humira is clinica

. >> okay, karen, mark asks, karen, i'm in the house of pain without alcoa. buy, sell, hold?ost is 12 bucks. >> well, this is a really interesting question. comes up a lot. i don't know anything about alcoa, per se, but the thing that's interesting about this tweet is that he talks about his cost is $12. that is absolutely irrelevant. that shouldn't have any place in his decision making at all. so many investors have that as the single most important piece of information when they make decisions and it's just backwards. >> right on. yeah. >> are we allowed to say that? family show. >> guy, roger tweets, based on solid numbers from home depot, does it make mas a buy on this sell? >> connecting the dots, i dig that. and we talk on twitter all the time, but i would still rather houn hd here. the run up to 21 in mas was a short covering rally. i think it does pull back a little bit. i think hd is a better play, though, if mas gets down with a 17 handle -- breaking news. >> okay, we have faa allowing boeing 787 test flights by next week. we're going to be watching. see if they get

and alcoa has been grim death for five years.ably grim death for the next two, three years. so, i see no reason to own either. >> j.j., thank you for stopping by. >> pleasure. >> j.j., thank you. we've got you covered in the west coast wrap. jane wells joins us from the best coast. jane? >> melissa. apple shareholders may have said no to a proposal forcing executives to own stock until retirement, but the board is quietly instituted a new rule, saying executives do have to hold shares worth three-times their base salary. is that a lot in no. jon fortt items me the base salary averaging 800 grand and $2.4 million in shares is a pittance. it's coffee money. but this rotten news for apple says it's only selling half as many iphone 5s as expected. at the current sales pace, leap could be stuck with $450 million in unsold iphones by mid-2015. $100 million worth threw june of this year. >> this seems to say more about leap, maybe, than apple. >> and i think it says a lot about what we talked about last night, jane, and mel, as far as t

in this particular case, the alcoa building, the structural members are on the outside of the building. so you can see it right away. what's the danger with this building? glass. good. glass. so you have your typical office. what are some of the hazards here? remember, earthquake island, what are some of the hazards? the lights, glass windows, yeah, glass we already talked about, the bad things. how about all the book stuff? building is still standing but everything else will fall right on top of you. bookcases, you want to secure those; right? this is what's going it happen. if you as nerts you went in there and got a report that there may be people trapped, where would you start looking for them? upper floors and void spaces. again, we talked about glass. are these people a little too close, do you think? did they give you a rule of thumb how far away to stay from buildings. well, actually 1 1/2 times the height of the building. so if you are in a 30-foot building -- you already did the math -- you want to be 45 feet away. glass falls out, too, do you think it just falls straight dow

alcoa and morgan stanley are also on the list. >>> if it felt warmer today it was. temperatures a good two or three, maybe four degrees warmer today than yesterday. these were the numbers from today. as we head into wednesday, warmer still, daytime highs tomorrow we could see mid-70s. so a warm up. cool when you get up tomorrow morning. warmer tomorrow afternoon. the rain stays to the north. we're dry for a little while. so the subtle variations are going to be in daytime heating. how warm is it going to get this week when i come back at 10:45, we have some numbers that are pretty impressive for february. >>> the auction of gold coins brought in more than 3-1/2 million dollars. no one knew that walter senoski had been accumulating gold coins and bars until he died last year. the auction was held to pay $100,000 in taxes. the rest goes to samoski's cousin a substitute teacher. >>> and later a ktvu special report to stick around for. the video that reveals what really happens inside a kareoke bar that we first told you can't move the tv there. yuh-huh. we have a wirel

aluminum maker alcoa. down more than one quarter of a percent.se companies trading down to the negative. i just mentioned it. it is on the big board there. walmart. take a look. 70.69. the stock is up almost $1.50 right now. they had a baby in the fourth quarter. another ugly day for the bold right now. stocks have now lost their games for the month of february. does this mean a correction is now underway? let's have a right to the floor show. first to jonathan for the stock show. talk to me about the fear gauge right now. it is fitting new highs. what is going on here. >> clearly, that is a gauge that we watch both when the markets are moving up and down. the sentiment is very much on edge. last time we were down 100 points. the next day the market came back and we were up 100. what does that really mean? i do not think you can really look into it too deep at this point. we need some real momentum. multiple sessions that are showing significant volume and pressure on the market. cheryl: this is the biggest one we have jumped. since november 2011

alcoa and morgan stanley are also on the list. >>> if it felt warmer today it was. temperatures a good two or three, maybe four degrees warmer today than yesterday. these were the numbers from today. as we head into wednesday, warmer still, daytime highs tomorrow we could see mid-70s. so a warm up. cool when you get up tomorrow morning. warmer tomorrow afternoon. the rain stays to the north. we're dry for a little while. so the subtle variations are going to be in daytime heating. how warm is it going to get this week when i come back at 10:45, we have some numbers that are pretty impressive for february. >>> the auction of gold coins brought in more than 3-1/2 million dollars. no one knew that walter senoski had been accumulating gold coins and bars until he died last year. the auction was held to pay $100,000 in taxes. the rest goes to samoski's cousin a substitute teacher. >>> and later a ktvu special report to stick around for. the video that reveals what really happens inside a kareoke bar that we first told you about back in november. >>> up first the training

of all names, alcoa, up 4% for the week. why?na's state owned enterprise fought a 13% stake in australia's alumna, already in a joint venture, down 33% from the highs in 2008, but long term, the outlook is brighter as many car manufacturers switch to aluminum to keep the weight of the car down and improve efficiently, and it's used in building development, and if you believe china builds skyscrapers, again, there you are. last month, 30 s&p 500 companies announced a dividend increase. that's good; right? some argue that investing in dividend paying equities is getting risky. for example, century link got a lot of attention yesterday cutting dividends. is chasing diff depped a right play for investors? don shriver is doing it. he's joining me in a fox business exclusive. you got dividend funds, and i want to give the names of them. you got the fund out there that's something that people look at and say, well, he's an opportunity to make money, so-called while you wait. what are we waiting for? >> for stocks to continue deappreciat

the dow 30, there's just a few red names here, united health group as we talked about, but alcoa at thetom of the barrel, shares of two retailers seeing green because of positive earnings news from express. let's get to lauren at the new york stock exchange. >> liz, yes, cvs care mark and rite aid up today, cvs, annual high of 3%, up 6% from right aid, and, yeah, the pharmacy benefits manager expressed scripts out with earnings last night, a positive outlook for 2013, and, well, these two retail drugs, stocks are beneficiaries of that outlook from express scripts, back to you. liz: okay. thank you very much. derivatives, risky; right? treasuries, safe; right? is there a way to meld the two to help you make money? treasuries have been in a bull market for the better part of 20 years, but yields lately, plummeted near record lows and cut staying there. last week, goldman sachs president and chief operating officer told me the potential, though, for rates to reverse themselves jump higher could cause havoc. here's what he said. >> if people need liquidity prior to the end of the bond matur

course coca-cola which will report earnings later this week, along with united tech knoll jit and alcoaon was talking about gold and how it is under pressure today. so too are gold stocks. they have been among the weakest performers in today's session. also the strength we are seeing in financials, they have been the best performing stocks. one of the things i mentioned, there is important data coming out later this week. retail sales for the month of january. this will give us some ideas to how consumers are impacted by higher gasoline prices and by the elimination of the tax credit. of course all of the stocks there reporting their results this week. investors with a close eye on the result to see whether or not the consumer is starting to pull back at all in light of the changes we've seen. >> one of the big questions for 2013. mary, thank you very much. in nasdaq, almost a hundred of those on the nasdaq. >> that's absolutely correct. that stock continues to dominate news headlines, thanks to apple. you have traders saying that fund manial and technical story is working for apple. on

peak to peak, 20%. 10% in utx if you stuck with alcoa. you would have lost 77%. see is leaders into the rally weren't the ones that came full circle. let's flash forward to now. top three dow performance that led us to this point in the rally. bank of america, home depot, disney. hp gaining 3% and disney up 36%. those might seem like traffic returns. the milestone drivers may not necessarily be the same stocks that you will wish you will own. bell have this conversation ats the next peak. >> we got to make it trick oo. great stuff, thank you very much for the historical background, jackie. >> how the world's biggest money manager is playing there rally. >> and the real reason you may not feel any richener this rally. with scottrade's online banking, i get one view of my bank and brokerage accounts with one login... to easily move my money when i need to. plus, when i call my local scottrade office, i can talk to someone who knows how i trade. because i don't trade like everybody. i trade like me. i'm with scottrade. (announcer) scottrade. awarded five-stars from

if you're looking to alcoa kate particularly europe for the longer term. there are better values than we saw a few years ago. you want to start looking for values across the macro indices and sectors in particular. david: steven, larry, thanks. if you ever want to trade in options, it is a very dangerous market to trade in. sandra: not necessarily. david: you're risking a lot but the payoffs could be great too. listen to larry shover and listen to sandra as well. he has a book how to trade in options for times like these. sandra: options are meant to market less dangerous. >> that's true. but it can be a risky bet. you want to have help when you're doing that. larry shover has a book to help you threw it. thanks, guys. appreciate it. >> hewlett-packard leading the dow up 12%. coming up the executive vice president, hp's enterprise group telling us how the company's $35 billion server storage networking business is going to expand. they have a server that is the size of a small paper back book. incredible stuff. sandra: nice. getting dreamliner back in the

as for the dow, winners on the day include alcoa and banks like jorg anne which edged higher.he worst per former among the blue chips, general motors, which reported and missed estimates. wider losses in europe and higher costs in north america. guys, back to you. >> all right. we'll leave it there. thank you so much, josh. much more ahead on this jam-packed edition of the "closing bell." high seas drama will take you back where the carnival cruise ship is slowly being tugged to shore right now. stranded passengers complain of overflowing toilet but management says they are doing all they can, and now the lawyers are lining up. also ahead, have you checked your 401(k) lately? if not, you should. two of wall street's top money pros will be here to tell us why you can't be out of these markets. jim grant and founder of the news publisher bearing his name says there's a toxic alignment in the bond market and a whole lot more. first, you're watching cnbc, first in business worldwide. creating the rx hybrid. ♪ now we've turned the page again with the rx f sport. ♪ this is the next

other winners alcoa and at&t which reflected the strength we saw in telecom stocks which were also strong in today's session. moving to the downside, coca cola. the company's revenue missed revenues and worldwide case shipments were weak and sysco systems lower ahead of its earnings which have come out after the bell tomorrow. among winners in the s&p as it hit multi-year highs. avon, 20% gain, better than expected results. also said it's exploring strategic alternatives for its money-losing jewelry business. masco, a building products company, expecting better earnings and that gave a lift to other building groups. the losers on the s&p including dunn a.m. bradstreet which showed weaker earnings for 2012. maria, back to you. >> markets reflecting improved economic conditions and a new report from moody's says major global economic risks have actually diminished over the last three months. colin ellis is the author of report and joins us now from london. with us is harry dent of h s. dent management who sees conditions very differently. good to have you on the program and want to kick thi

cheryl: joining alcoa former treasury department advisor, senior fellow, what do you make of his commentshis would be the fight he's promising? >> you have to remember any part of the confirmation hearing is political theater. i would put what senator sessions is saying a little in that camp, they won't get rolled on this and they are not push overs but at the end of the day all these issues they are racing on jack lew have been raised before. at the end of the day none of this is going to disqualify him. cheryl: he was the point man during the budget crisis, obviously far for the g.o.p. to bring up, could they make it about themselves and not about jack luke westmark >> absolutely. not 12 hours after the state of the union address, so all the plans laid out in the state of the union will be fair game for the senators and because so much of it, they only get five minutes apiece to ask questions and for jack lew to answer them, they're going to want to get on the record saying this is how i felt about what he said last night and try to extract some commitment down the road. cheryl: i'm sur

alcoa is up 1.5%. jpmorgan, chevron, express, they are leading. again, a million. connell: thanks.agen: we have more breaking news. we are getting reports from -- the gop has enough votes to block the confirmation of hegel through a villa buster. connell: it is a big deal of a potential secretary here. >> it would be an enormously big deal. perhaps senator john mccain has perhaps decided to say that he would support it. i am not saying that i know that. if what he is reporting it's true, that would be what is happening here. i think what is being reported here are many commentators saying a couple weeks ago after the president very aggressive state of the union and progressive of marx he was saying about the republicans. look, the president will need the republicans in congress in his second term to get done some of the things he wants to achieve. like immigration reform. well, here we are. he is in trouble. his relationship with the republicans out there is simply broken. now it looks like the president may pay a price for that. dagen: do you think it will, at the end of the day,

dozens of american corporations are expected to file this brief, so interesting, including apple, alcoa stanley, an amicus brief broadly arguing that the laws banning same-sex marriage like prop 8 are unconstitutional under due process equal protection laws and they go on to say it's more than just fairness, it's also business imperative for american companies that you don't have different standard for gay couples across state lines. recognizing the rights of same-sex couples to marry is more than a constitutional issue, it say business imperative. it goes on to say, if you are trying to retain top talent and they don't want to move to say, california, or to a state that doesn't have the same rights as massachusetts, new york, or iowa, for example, that -- that kind of breaks down the free market of finding talent in -- a really interesting and i would say business-oriented but progressive mood for many of the companies. it comes in the same week we saw an interesting report from another group that found that some richries much same-sex couples are being denied social security benefits

alcoa being your biggest loser.e right back. ♪ alec, for this mission i upgraded your smart phone. ♪ right. but the most important feature of all is... the capital one purchase eraser. i can redeem the double miles i earned with my venture card to erase recent travel purchases. d with a few clicks, this mission never happened. uh, what's this button do? [ electricity zaps ] ♪ you requested backup? yes. yes i did. what's in your wallet? ashley: time for stocks now. as we do every 15 minutes let's head to the floor of the new york stock exchange where our very own lauren simonetti standing by. lauren the dow is climbing back closer and closer to its all-time high. >> the level now is 14,025. the closing high, october 2007, 14,165. so we're really close to the historic territory. homebuilders are down today. we'll show you hovnanian. down off better than 5% the news the housing recovery might have a crack in it. the national association of home builders index fell for the first time in ten months in february. so that i

. >> the group haedz alcoa, yahoo! and marriott. companies have supported immigration reform. businesses have long complained the u.s. doesn't offer enough see vas for high skilled workers from other countries. >>> meanwhile, the u.s. government has filed a suit against standard & poors over mortgage ratings. they've long been criticized for giving high ratings to subprime and other mortgage securities that quickly turned sour. the s&p says the suit focuses on its ratings for several in 2007, but it lacks merit. reports suggest several states may join the government's suit. mcgraw-hill fell 14% on monday, its worst day since the stock market crashed in 1987. moody's down nearly 11%. >> did you speak in the snack after the break? >> why? >> i just wondered if there was a little bit of snacking going on. >> the important thing is to keep one's energy lefs up. >> that's right. >> should we look for a sponsorship from a goo company or something. in any case, difficulty over here. we don't have a lot of time on the breaks. >> earlier in the show, we asked you about ratings agencies

. ♪ ashley: the heat map of the dow 30 right now, just below the water mark, boeing moving higher, alcoawer side, walt disney, dupont naming three. >> cisco bringing the dow down. more about the markets, block buster, corporate deals, and a drop in jobless claims not enough to lift stocks. how do you play the market's pause? chief investment officer joining us now. hank, look, these deals, i think, both of them are one off that they are not a sign the market turned around; right? or off to the races by any stretch. there's decent economic data, but pulling back. do you get in the market here? >> well, certainly. i think, first of all, it's healthy to have a pull back. we can't have returns like we did in january and annualize them as much as we'd like that. that's not realistic, but, so, pauses are healthy. it's -- this is not occurring on high volatility. you don't see the vix spiking. that's good. they need to be taken advantage of. remember, they are still have a ton of cash on the sideline and money market funds and in short term bond funds, we've only seen the very beginning of cash

dozens of corporations, apple, alcoa, facebook, intel, morgan stanley will submit this amicus brief broadlyanning same-sex marriage are undue. fortune got a draft of this brief. it's so interesting. it argued that, iowa, it's not fair or legal to have two separate classes of married citizens in america but it's not good for their business. if you are a company, do you want to lose good talent because they don't want to live in california, for example over new york, massachusetts, and iowa where the laws are different regarding same-sex marriage. so this is something where you're seeing a ground swell of support from some big well known american companies are who are going to be banding together to file this with the supreme court, recognizing the right of same-sex couples to marry is more than a constitutional issue. it's a business imperative. also in the same vein, another report found some disparities with how same-sex couples and their children receive social security benefits. same-sex couples have been denied social security benefits. there's no monthly bern f lly b spouse dies. they'