>> shoddy had apple bottom jeans -- ♪ boots with the fur the whole club was looking at her ♪ ♪ she hit ♪ ♪ shorty got low low low low low ♪ >> you got it. >> give me a point. >> i love flo rida. >> you didn't sing about the booty getting a whack though. name the title of this 1974 song which is also the opening theme to our nbc hit show "the apprentice." here we go. >> "shack". >> "shack"? ♪ money money money >> it's your closer. we'll give you the point. it's "for the love of money." "shack?" >> the movie, the exploitation movie? >> did you know this is actually from timothy 6:10 a bible verse, from the love of money is the root of all money. >> it's not money that is the root of all evil, it's the love of money. >> why are you lecturing me? next question. >> let's move to broadway. kathie lee gets one. the title song "oklahoma" was featured in this first written musical by richard rogers, oscar hammerstein ii. let's play the first line. >> no. ♪ o what a beautiful morning >> listen to the song and finish the song. ♪ oklahoma where the wind comes whipping around the plain ♪ and the ra

that and he called the bottom in apple on this show a year ago.o why does redler think facebook is a buy? he says he now likes facebook for some of the reasons why he initially hated it. simple supply and demand. as in the supply of shares versus the actual demand of them. let me walk you through it. first, take a look at this shart chart, which shows you the first three days of trading in facebook following the ipo. there are a ton of reasons why this deal was such a walking, talking catastrophe. but as redler sees it, you could have saved yourself misery and money by focusing on the supply of stock and demand shortly

bottom line. will this move fly with consumers in the long run. will ipad kpaels help apple, or will profits slow ahead of a new iphone. ? [ male announcer ] before you take it on your road trip... we take it on ours. this summer put your family in an exceptionally engineered mercedes-benz now for an exceptional price during the summer event. but hurry, this offer ends july 31st. mine was earned off vietnam in 1968. over the south pacific in 1943. i got mine in iraq, 2003. usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection, and because usaa's commitment to serve the military, veterans and their families is without equal. begin ylega get an auto insurance quote. usaa. we know what it means to serve. [ male announcer ] summer is here. and so too is the summer event. now get an incredible offer on the powerful c250 sport sedan. but hurry before this opportunity...disappears. the mercedes-benz summer event ends july 31st. >>> welcome back, the dow still sitting near session lows with stocks worsening into the

that and he called the bottom in apple on this show a year ago. so why does redler think facebook is a buy? he says he now likes facebook for some of the reasons why he initially hated it. simple supply and demand. as in the supply of shares versus the actual demand of them. let me walk you through it. first, take a look at this shart chart, which shows you the first three days of trading in facebook following the ipo. there are a ton of reasons why this deal was such a walking, talking catastrophe. but as redler sees it, you could have saved yourself misery and money by focusing on the supply of stock and demand shortly after facebook became public. there were two clues that facebook would be an unmitigated disaster right off the bat. first, in the first hour or two of trading after a company comes public, if the stock can't stay above the opening price or the high of the first 15 minutes, that's a huge red flag, indicating the supply is overwhelming the demand and the stock is not worth trading. facebook opened at 42, okay? and then shot up to 4

>> shoddy had apple bottom jeans -- >> boots with the fur the whole club was looking at her she hit thealso the opening theme to our nbc hit show "the apprentice." here we go. >> "shack." >>. ♪ money money money >> it's "for the love of money." "shack?" >> the movie, the exploitation movie? >> did you know this actually from timothy 6:10 a bible verse, from the love of money is the root of all money. >> it's not money that is the root of all evil, it's the love of money. >> broadway. the title song "oklahoma" was featured in this first written musical by richard rogers, oscar hammerstein ii. ♪ o what a beautiful morning ♪ oklahoma where the wind comes whipping around the plain ♪ and the raging wheat ♪ sure smells sweet "when the wind comes right behind the plain ♪ >> it's the raving wheat sure smells wheat when the wind is behind the plains ♪ >> i change lyrics. ♪ hodawoman it through me off. >> the worst game ever. this actor is seen in this fat boy's slim 2001 video weapon of choice, called one of the best movie star appearances in a music video. i'm going to show it to you. guess thi

has been bearish, and so that is why we have to take him seriously, because he also gave us the bottom of apple, because everybody and the brother had decided that apple was rotten to the core. so let me see if he changes his mind? he says he likes facebook for the reasons he hated it, simple supply and demand. the actual shares and the demand for them. let me walk it through you supply/demand analysis. looking at the first chart the first three days, and hey, it is a chart of three days. the first three days of trading for facebook following the ipo. and tons of deals why this deal was a walking, talking catastrophe, but as rather sees it, you could have focused on the supply and the demand after it became public. you knew it would be a mitigated catastrophe right off of the bat and these are tools that could be applied to any ipo and two we will talk about late mer the week and not just facebook. after the company is public, if the stock cannot stay above the opening price or the high of the first 15 minutes, that is a huge red flag indicating that the supply is overwhelming the demand and th

apple misses its mark and could swearing hurt your bottom line. ashley morrison has that and more. ash, good morning. >> not around here. good morning to you, too terrell. renewed worries about a possible bailout for spain sent asian stocks downward. nikkei dropped 1.5% and the hang seng lost a fraction. today apple releases the latest operating system called mountain lion. it costs $20 and it's only being sold. as a download. tuesday there was less than stellar earnings reported. revenue and net income were down mainly because they're buying less expensive versions of the iphone and ipad. other weak earnings reports. the dow was down 104 points and the nasdaq lost 27. >>> penn state is feeling a financial impact from the jerry sandusky sex abuse scandal. moody's may cut the school's credit rating making it more expensive for penn state to borrow money and state farm insurance is pulling ads from football broadcasts. that is on top of the $60 million fine the ncaa is ordering the university to pay. >>> well, ford is going head to head with lexus in the luxury sedan market. the car

bottom line, it's apples and oranges anyway.e next president is going to have to deal with in terms of syria and all these other issues developing around the world is one piece of it. so foreign policy is going to be very, very important. but also, our economy is quite different. this is a globalized economy. you are required in terms of working and focusing on the national economy to think very, very seriously about things that are going on globally. again, it goes to some of the reasons why some of the conservatives are so disappointed in mitt romney because there are serious issues and questions about his competency about a politician. though things just aren't resolved yet. this is why you people have coming on. >> competency politically, people skills. romney is very low. you call him people unintelligent, right. some people are people smart. romney is the opposite of that. he keeps showing these things that show him insummiting the 7-eleven cookies things, insulting that woman in her home. and people can sense these things

apple, they work completely differently from that model. they arer ha very siloed and everything is top down, right, people aren't from the bottom coming from ideas, it was one guy, two guys. >> i believe the new apple facility has some of the same design elements included, so -- but, you know, pixar and apple are very different cultures, so we have this idea of evaluating this chance and ideas from anywhere is part of a culture. >> i just wonder if there may be some -- i don't know, what your idea of how creativity works in a company like apple where maybe they are sort of thinking about and trying to make their own luck without some of these collisions that occur. >> collisions can happen a lot of different ways. you talk to any great scientist and they will tell you they had a, you know, slow hunch when it came to their great breakthroughs, some book they read, some conversation, somebody they've met, that ended up in their head, in their brain, fermenting, right, colliding with other ideas, and some point down the road, they had their breakthrough, so apple, absolutely, allows its large workforce to have creative collisions, but in diff

apple is still selling millions of iphones but more people are buying less expensive models and that is affecting the bottom line. shares of stocks down 5% in after showers trading. >> apple's plans for a new 175-acre headquarters now on the fast track. governor brown approved a project under a new law designed to speet up the environmental review process. under this law apple can skip key pieces of that process. this proposed building will have a solar roof, 6,000 trees, 2.8 million square feet of office space. and the company's late ceo, steve jobs said it will look a little like a space ship up date on the traj dmi colorado. there have been more bizarre behavior from shooting suspect james holmes. holmes is spitting at jail officers so frequently they've norsed to yut a spis quart and law enforcement forces says hoemtz turned evidence bags into puppets. survivors are remembering those who died including victims who sacrifice bid shielding loved ones. >> he would do anything for me. you know? he told me that, too. and just, i wish coy have protected him the same way he protected me. >> her boyfriend saved

you have technology, of course, with apple at the bottom with energy and consumer discretionary.u view risk here. the new home sales number, obviously homebuilders are down today. but want to take a look at the itb, the dow jones home construction etf. you can see on this chart after this run-up earlier in the year, we are having a pause here in this housing rally. is this a one-off in this report? maybe we have to re-evaluate. coming reports will dictate the determination there. courtney reagan talked a lot about tobacco yesterday. alte altria reported. volumes are challenging in tobacco. pricing trumps that. not the case with lorillard. pepsi is up about a percent. they talked about forex and everything else. the bottom line is they were saved by latin america. latin america, very strong and weaker than expected, north america. natural grocers seemed to go almost perfectly in terms of an ipo. everyone got what they wanted. a price at the high end of $15. opened sharply higher, it's up about 20% now and trading in a very consistent range on high volume, melissa. so pretty good i

apple earnings out. what is good news for consumer zz not translate to the company's bottom line. that is coming up next. >> a move by bank of america that could cost you time and money. >> the train bringing what america's cup needs to set sail in the bay. >> cooler weather will have you wondering if it's summer. >>> searches continues for a man who fail td return from hiking in sequoia park. saying the 31-year-old was last seen sunday afternoon and he is about six feet tall and weighs 165 pounds last seen wearing a white tee shirt and hat and gun slas glasses. 20 people and a helicopter are now looking for him. >> there are two malnourished horses have been rescued on murphy avenue. they were so dehydrated they drank 20 gallons of water when rescued. they're now being cared for by the owner of dream power horsemanship. and they're going to recuperate before being adopted out. >> and the rate of hiv infection continues to rise among young gay and bisexual men in major u.s. cities. the cdc says that many of them are unaware that they're infected with this disease that can lead to

apple aficionado's. is no longer to viruses. dns most recent virus i was found on ipad. the impact was minimal. the bottom line, gets anti-virus software. >> aaa is offering a deal. if you bite this year or next model cars or trucks and not satisfied, you can no questionsy back asked. the offer in september 4. returned vehicles cannot have than 4,000 miles on them. >> we will get a rundown of the day's top stories. will take youll the movies with what is out this weekend. >> steve will have a look at what the rest of [ crows cawing ] [ male announcer ] strange things happen in the black forest. [ metallic bell toll ] [ car speeding down the road, lightning strikes s ] where things aren't always what they seem. [ wolves howling ] because thrills hide in the shadows just waiting at every turn. [ coaster whoosh brave the black forest on verbolten. the all-new multi-launch coaster. only at busch gardens. >> metro says trains are moving after an earlier computer glitch lead to a system wide shut down. began shortly after 2:00 this afternoon. specific cause remained under investigation. president obama wraps up

bottom lines. mcdonald's missed earnings estimates. ups was short as well. and apple also falling short of expectations. that sent the stock plunging. at&t, boeing and caterpillar surpassed approximate estimates while facebook met expectations in its first earnings report since going public up. >> the troubled asset relief spent taxpayer money during the financial crisis. so where did all the money go and who was watching? joining me now, neil barofsky and the author of the new book bail-out. great to have you on the program. the book is terrific. thanks for joining us today to talk about this important conversation. so, first let me get your thoughts on tarp. you say, tarp, the popular perception that i had warned git mer about that it was little more than a massive transfer of wealth to undeserving wall street executives. do you think it was necessary and do you think it worked? >> i think it was necessary in that we were heading off into a terrible potential global apocalypse because of the importance of these giant super mega banks. if they started to fall, they c

apple this afternoon. 10:36 this is earnings per share number on the bottom.but analysts say they will be a little more cautious. we'll see about the iphone numbers this afternoon. >> indeed we will. perfect segue. let's talk more about apple. the stock has been amazing, as you know, up almost 50% year-to-date. today a little bit of pressure, less than half a percent. $61.38 share traded an apple. john fortt, waiting on those numbers live in san jose. $601.38. >> as you know, apple looking at revenue numbers of $37 billion. as always these day, that is going to be driven by iphone and ipad sales. here's the crux. if you think apple sold more than 30 million i-phones and more than 16 million ipads, you would think we could see a blowout beat here and at&t's numbers this morning suggest the iphone could have done better than some analysts fears. sales were down 15% subseque subsequentally. and expecting 24%. the real wild card could be the ipad. the street account has the street's consensus for ipad sales at 15.4 million units. some armchair analysts i've spoken

apple on its 3g technology. it goes back and forth and back and forth. but the bottom line is it's big money and it could affect whether you're able to have those samsung galaxy phones that now are much more popular than apple's around the world. >>> still "outfront" in our second half, new york city mayor michael bloomberg has a new target in his so-called nanny state. an interesting term, considering now he is trying to force women to breastfeed. >>> and a former reporter says she was duped by the first lady of syria. i'm barack obama and i approve this message. [romney singing]: oh beautiful, for spacious skies, for amber waves of grain, for purple mountains majesty, above the fruited plain, america, america, god shed his grace on thee, and crowned thy good, with brotherhood... fore! no matter what small business you are in, managing expenses seems to... get in the way. not anymore. ink, the small business card from chase introduces jot an on-the-go expense app made exclusively for ink customers. custom categorize your expenses anywhere. save time and get back to wh

apple on its 3g technology. it goes back and forth and back and forth. but the bottome is it's big money and it could affect whether you're able to have those samsung galaxy phones that now are much more popular than apple's around the world. >>> still "outfront" in our second half, new york city mayor michael bloomberg has a new target in his so-called nanny state. an interesting term, considering now he is trying to force women to breastfeed. >>> and a former reporter says she was duped by the first lady of syria. probiotic cap each dayn heh helps defend against these digestive issues with three strains of good bacteria. approved! [ female announcer ] live the regular life. phillips'. [ female announcer ] live the regular life. this is new york state. we built the first railway, the first trade route to the west, the greatest empires. then, some said, we lost our edge. well today, there's a new new york state. one that's working to attract businesses and create jobs. a place where innovation meets determination... and businesses lead the world. the new new york works

apple favorite technology. i think that stock is putting in a bottom in the high 80s.telco, a restaurant, and a retailer. wow, it is perfect! >> hallelujah! >> hash tag. okay, let's go to joseph in massachusetts. joseph? >> caller: hey, jim, this is joseph. my top five holdings are apple, aapl, bank of america, bac, coca-cola, ko, facebook, fb, and euronext, nyx. >> all right. let's look at this. this is difficult, if not complex [ buzzer ] >> why? because of this, i'll show you why. facebook, social media, apple technology, i'm going to say these are two different things. they don't trade together. we know that already. coca-cola a soft drink. bank of america is a bank. next euro next involved with banking in that it does ipos and trading. we're going have to scratch that one and pick a health care company, a little bit of diversification. that's why we're going with breaking up is easy to do, abbott labs. let's go to andrew in florida. andrew? >> caller: hey, professor cramer, ba-ba-ba-boo-yah to you. >> nice! >> caller: yes, yes. please turn my day around for me, bu

apple on its 3g technology. it goes back and forth and back and forth. but the bottom line is it's big money and it could affect whether you're able to have those samsung galaxy phones that now are much more popular than apple's around the world. >>> still "outfront" in our second half, new york city mayor michael bloomberg has a new target in his so-called nanny state. an interesting term, considering now he is trying to force women to breastfeed. >>> and a former "vogue" reporter says she was duped by the first lady of syria. you can now try snapshot from progressive free for 30 days. just plug this into your car, and your good driving can save you up to 30%. you could even try it without switching your insurance. why not give it a shot? carry on. now you can test-drive snapshot before you switch. visit progressive.com today. ♪ i want to go ♪ i want to win [ breathes deeply ] ♪ this is where the dream begins ♪ ♪ i want to grow ♪ i want to try ♪ i can almost touch the sky [ male announcer ] even the planet has an olympic dream. dow is proud to support that dream by he

apple. the get busy dying theme is still predominant. alibis and excuses all the time. bottom line. the executives who get busy living are being rewarded with higher stock prices. they are taking their companies through a river of grime and coming out clean on the other side. the others are doing the warden's bidding. staying in captivity. because that's the only thing they know how to do. glen in illinois, please. glen. >> caller: hi, jim. how you doing? >> real good, partner. how about you? >> caller: just fine. a big b-b-boo-yah from the windy city. >> love it. youkilis. >> caller: first of all, thanks for helping the small fries navigate this market. >> we are all small fries other than the people in jail. >> caller: my question is about disney. i jumped in at $40. i'm sure you'd advise me to take something off the table but merrill-lynch upgraded it to a buy from neutral. the volume has doubled. it hit a new 52-week high on tuesday and the parks & recreation and espn business seems to be doing fine. i also think this viacom dispute will work to disney's favor. should i hang on

the bottom line question is does a samsung phone act and look too much like an apple phone?earing arguments in federal court, this after yesterday's jury selection. among the jurors a google engineer and early people who own their own patents. the judge in the case started the proceedings off by asking each juror if they had an iphone or samsung phone or something else. you would think everyone has an iphone. of the first 30 people impaneled yus ten had apple igons. one guy had a phone made by cas casio. one did it for the junior, he did have a samsung microwave. he wasn't sure if that would affect the trial at all. >> honesty. >> 2$2.5 billion at stake. first day of the opening arguments this morning. >> thank you. i'm impressed he knows what kind of microwave he has. >> 6:22. heading back to london for a live look at the coverage of the 2012 games. >> welcome back. a report shows a condition ever bay area roadways to be in the worst in the nation and in addition to the everyday wear and tear those roads are causing damage. investigative reporter shows us it's costing you a

bottom ones. >> weiss? >> i notice you don't have hardware companies with the exception of apple of is that because you seewing in the hardware sector or find software that much more attractive. >> we want to pick our spots. exposure to apple, an exposure to communications, one could debate hardware or software. we tend to be selective and found better opportunities elsewhere. >> zach, good to have you on the show. thanks so much for coming on. >> thank you. >> can't you at this point -- can't you consider apple a software company? isn't at the end of the day a strength? i know devices look great. david einhorn will be the first to say as much a software if not hardware. >> it's a brand. it's a brand that's unique in that you open a store and they come flooding in. i look at it as a software company, a consumer brand company, a product company with itunes and all that. it's completely different and has survived and will continue to survive economic downturns. >> what do you like in tech. >> we own apple, emc. aspen tech interesting, they have exposure to the cyclical industries, chemicals and energy, enc c

apple. no! the new pricing schemes, collapse of t-mobile. all playing into the hands of the serial dividend booster. the bottomine, you need to start preparing for the very real possibility of a recession which means it's time to build yourself a recession-proof portfolio with two generals, dollar general and general mills, abbott labs, mr. ed and horizontal. after the break i'll try to save you more money. >> announcer: coming up, batter up. the boys of summer are prepping for the all-star break. cramer is squaring off the market heavy hitters in his stock derby and needs your help to call them safe or out. get ready to tweet @jimcramer your pick for the homerun. this is new york state. we built the first railway, the first trade route to the west, the greatest empires. then, some said, we lost our edge. well today, there's a new new york state. one that's working to attract businesses and create jobs. a place where innovation meets determination... and businesses lead the world. the new new york works for business. find out how it can work for yours at thenewny.com. i'm making my money do more. ♪ i'm consoli

fill-out apple sunshine their name was fabio and enter to do the center portion of the six california at the high sierra. storm to the north of us that scrubbing also the battery and land so bottom line is tonight's overcast skies 40 and '50s. we will see this area pass to bob and tomorrow we're going to reduce into the 60s otherwise citizens '70s jump in up to the men in high 80s across the santa clara valley including the valium overrun '90s story is your way closer to our standards low 80 is it vallejo wrapped around system day of low 80s in petaluma '60s and the day to day partial clearing incense and beach extended forecast they have it. they had a big-time more of the weekend. and this time next week again unseasonably cool but added to the state fair 100 degrees in sacramento and enjoy yourself. there is love so much fun in baseball. dirichlet's over two decades in this nea's look on the yankees a sound in mid next. , but tighter was roy and not roy and bob watson of high and add to the opening round of the british open but adams got is a top grade scots. tiger still before that first majors since 2008 is his right in the next three in shots behind the ozzie who might be

apple. no! the new pricing schemes, collapse of t-mobile. all playing into the hands of the serial dividend booster. the bottomine, you need to start preparing for the very real possibility of a recession which means it's time to build yourself a recession-proof portfolio with two generals, dollar general and general mills, abbott labs, mr. ed and horizontal. after the break i'll try to save you more money. >> announcer: coming up, batter up. the boys of summer are prepping for the all-star break. cramer is squaring off the market heavy hitters in his stock derby and needs your help to call them safe or out. get ready to tweet @jimcramer your pick for the homerun. cups? [dumbfounded] well, we... doesn't last long does it? listen. 5-hour energy lasts a whole lot of hours. so you can get a lot done without refills. it's packed with b-vitamins and nutrients to make it last. so don't just stand there holding your lattes, boys. make your move. we'll take the 5-hour energy. smart move. 5-hour energy. hours and hours of energy. what's today's dare? erase the damage of 100 blow-drys [ female announcer ] with daily moi

bottom by herself. >> note to self, don't take the motorized scooter on the escalator. >>> up in the big apple, check this out ate car plunges 40 feet down an elevator shaft injuring two people on the street. firefighters cut the driver out of the lexus using the jaws of life. here is the deal. he is a parking attendant who drove the car on to the elevator, only the lift was not there. the lexus plummeted from the fifth floor but luckily no juan one was seriously hurt. >> now, how do you -- no one was seriously hurt. >> now, how do you explain that to the car owner. >> problems, just fell down the elevator shaft. >>> a big buzz in the high-tech world. anticipation over the new iphone. >> details of what some tech insiders are saying about possible changes to the iphone. >> let's check in with tucker. >> possible chains in your forecast. not so much today. we've got more heat out there expected. later this afternoon, maybe some thunderstorms too. i'll have all the details on that forecast. lauren demarco has a look at your traffic right after the break.  >>> live look outside

bottom here. they might be a little bit optimistic and somebody else is, too. up 7.5%. appleher today as it makes a very intriguing acquisition of c. these are the fingerprint technology company, only $350 million purchase, bob. doesn't go anywhere near putting a dent in apple's $117 billion hoard but i'm excited about the idea not using passwords and i forget all the time. >> that ian why you have password trackers which i have, as well. you need a whole little set of software to keep track of that. thanks very much. rick santelli tracking the action at the cme. dow's up 100 points in the last 10 minutes. how's the action in the bond market? >> so glad we're doing this right now. look at how the markets are moving big time. look at the euro versus the dollar. stocks took off and what's that doing to the 10-year? avoided hooking in to selling off when stocks rallied. not today. we see 10-year yields now approaching 160. 160. very close. so the way it goes is and i don't like rumors but this is moving market and it isn't really a rumor. what it is is the head of the budson ban

flight tracker abc7news.com at the bottom. [ male announcer ] the magic of nature appears every day, within each strand of an oat's rhythmical sway. when an apple'svibrant red temptation, and honey's sweet touch of golden sensation, join together with a pecan crunch you'll savor, creating the most perfect lesson in flavor. at nature valley, nature's best-written recipe is ready for you to enjoy. delicious granola bars made with the best ingredients in nature. nature valley, nature at its most delicious. >> announcer: right now abc7 news begins with breaking news. >> reporter: i'm amy hollyfield live in vallejo this city was put to the test overnight. two fires broke out at the same time. fires had to call for help. >>> also, two people are hospitalized after a freeway shooting in hercules this morning the gunman is still at large. >>> good morning i'm mike nicco. live doppler 7 hd notice how die it is, clouds are back so is cooler weather we'll talk about how long it will last. >>> good morning i'm frances dinglasan crowded on westbound 80 through berkeley, slow moving traffic, i'll have an update on a couple earlier accidents. >>> a wednesday mo

though apple wasn't as profitable as some analysts expected last quarter, the company's success is another lesson in the power of brands. a strong name brand can be a strong contributor to the bottom line, even for those borrowing the brands of others through licensing deals. here's rick horrow with tonight's "beyond the scoreboard." >> reporter: crazy about your favorite sports team? can't resist the urge to buy every product with their logo on it? you aren't the only one. one of the benefits of being a strong brand is the ability to license your logo to manufacturers for the opportunity to make a lot more money. the sports and collegiate licensing business is a $21.7 billion worldwide industry, generating over $1 billion in royalties annually. companies of all sizes have gotten into the licensing game. walmart, the world's largest retailer, has a deal with nascar to manufacture merchandise with nascar, driver, and team marks. but beyond the standard hats and t-shirts, what makes sports licensing even more intriguing is the variety of branded products in the market. for example, the collegiate linsing company licenses virtual products, including facebook games for zynga and outfi

bottom prices be prepared to jump on it. book immediately, those deals can vanish in minutes. >> you snooze you lose. >> apple changing its mind will support an environmental standard. >> scott joins us. is apple bending to outside pressure? >> i think it is. good morning. apple says it was never the company's intention to relax its environmental standards when it left electronic product tool. the company thought it had better ways of measuring its effect so it theft coalition that it helped form. that brought apple negative press, even threats from cities like san francisco that they would be forced to stop buying apple products, so apple said quo we recently heard from many loyal customers who were disappointed that we had removed our products from the epeat rating system. i recognize this was a mistake. the stock market broke a record losing streak on friday, tied for the longest of 2012. with the new week we'll turn to bertha coombs. good morning. >> good morning, scott. futures pointing to a little softer start this morning, but boy, we came up with a strong rally on friday, the fourth biggest on a friday the 13th. the ma

apple pie. >> my god. >> becky tweets -- >> i tell you, i have had a meal this show. >> has gold hit bottom again? talk about this intraday pop in silver seeing, as well. >> yeah. it's kind of interesting in both gold an silver. they're at real key technical levels here and potentially starting to break the correlation with the currencies around the world. that's starting to happen so it is interesting that we have bounced off the bottom here. i'd have to give it a couple more days to start to say, yeah, the correlation is broken and safe to get in the names but against the lows today probably worth a one third position. >> anybody else here in gold or silver? >> i think obviously the dollar's working dwens gold. i understand that. but i think you saw brazil lower rates, south korea i think the world race to zero in global currencies. at the end it is positive for gold. understanding a tough trade i think that's where you want to be. >> wince right now, mike murphy. our traders are quick but they're not always right. we want you to take a listen to what murphy said about zynga back in may. >> i'm