the other b.k. should watch this show, the ceo. it's not totally predictable to see the exact xp refresh cycle and what corporations are going to do and timing around that. and all of these things, this confluence of events just hit them all at the same time. it's a hard thing to predict. and they didn't get it right this quarter. >> one of the bear i guess pillars for the intel story over the last year is all the money they're losing in wireless. and they really haven't been able to make some inroads. so yesterday there was a story going around that they actually had a potential design win into the next iphone 6 or possibly next year in 2016. and for a group that has been losing what, a billion dollars a quarter in wireless, this could be massive, right? does this turn things around a little bit, as you think about, yes, they just told us that enterprise demand and the desktop is weak. but all of the sudden if they are in apple in some mobile products, could that change things for you? >> absolutely. if they were in the next iphon

to b.k.'s point the trade has been so overdone, quote unquote, that you could see some days when it takes a day off. but i think those are the mako themes and nothing's going to change in that. >> it's interesting to see what turned around within the markets. energy stocks turn around in the markets. financials turn around. take a look at microsoft finishing higher by .9 on the day. also intel trading higher by .4 on the day. >> intel trading higher, remember it got whacked yesterday as well. >> of course. >> so maybe a little relief rally. microsoft probably the same type of thing. right or wrong? >> yes. >> i think the banks are just a function of the fact that the stress test went through, we had c cargo through. some catch-up there. i still think there are some interesting bank plays. i still think goldman sachs moves higher but i wouldn't read too much into specifically the intel and the microsoft move today. >> but energy stocks. refiners had a strong day. >> also the fact that the 5 mil

finally, just the move in paychex makes b.k. want to stay away.on't like buying things at 52 week highs. >> dr. j. >> i'm going with paychex. what i don't like about ebay is i don't like the competition that's coming from apple with apple pay, from facebook and from snap chat. they have the partnership with square and jack dorsey which i think is going to kick everybody's butt. as far as paychex, like guy said, this stock is screaming to new highs, 3% dividends and they're a dividend grower. they didn't just stick it out there, they add to it. i like paychex versus ebay. >> we know what that all means. >> this is a tie so far. two traders against two traders. that means a twitter vote. on twitter you guys out there said paychex. >> give it up. >> paychex advancing to the next round. >> whatever. >> paychex is like the georgia state, wouldn't you say, mel? >> underdog? >> i mean, you know -- >> up there for you. >> we'll talk tomorrow. tomorrow we'll be jumping into our internet bracket with an exciting match-up between facebook and google. log on

i agree once everybody starts talking about something b.k. wants to take some off. i'm still short the euro enough to keep it there but there's another currency that i think have the bigger problems and i'm not the only one that thinks this. let's take a look at this. this is a great chart about the percentage of assets at the center of ecb. look at this giant hockey stick here. that is the bank of japan. and they are buying just an absolute massive amount of bonds. almost 80% of gdp. they're either going to create the inflation that they want or they are going to create a crisis of confidence in the central bank if they don't get the inflation. either way it's not very good and i still think the way to play this is you have to stay short that yen. >> how are we defining crisis though? it's gotten to a place where it is prove me time but i think what i see in japan are record corporate profits, tight labor market. starting to see wage growth. i like the japanese stock market here. i think it's alive and well. >> i don't mean that you're necessarily going to have a s

i think b.k. made a great point about the collar exposure. of course. i want to look out to may. i'm looking at the qqq, the nasdaq 100. today when it was 109 i bought the may 108, 98 put spread. i paid $2 for that. it breaks even around 106. my max gain is at $98. i can make up to eight. that's four times my money. i chose the strikes because the qqq broke out at 106. i think we'll have a good shot to be at least there. and 98 is the 200-day moving average in the index basically. i think that would be a nice support level. >> i think this is exactly the trade you want to do. the map works nicely. the other thing i'd point out, it's the out of the money puts on indices that tend to be most overpriced, when you look at it. that's where people often go for their insurance. you want to buy a higher strike and sell when a lot of those other folks are buying. i really like the structure. >> i'm always looking at the risk management. that's one thing that's nice about options. you can define that risk from the beginning and be wrong 40% of the time you'd only have to be right and you'l

according to "usa today," the b.k. menu for kids will now offer fat-free milk 100% apple juice or low-fat chocolate milk. soft drinks will only be available upon request. child's health advocacy groups have been pressuring fast food chains to make that switch. there is a lot of attention tonight for what an indonesian clothing company printed on a shirt tag. now, the washing instructions label reads "give this jersey to your woman. it's her job." the company apologized for the sports jersey sort of because the apology included this. not all men understand how to take care of their own clothes. women know better and are experts in such matters. the football club represented by the jerseys also apologize for this. those apologies came on sunday which coincidentally was international women's day. >> smarter than to step up and admit they were stupid. >> sort of. >> sort of. oh, goodness! well, on the other side of the coin actor ashton kutcher is calling for equality in the men's room. kutcher says there's a double standa

so let's put the first 30 seconds and kick it off with b.k. >> so, you know, i'm going to pick intel.lly all about risk/reward here. the first round i picked nvidia, because i liked the new ideas they come up with. however i'm not the first guy to discover that. with intel, there's a lot that they do now. as we saw with the potential deal stock could go higher if they're buying this growth. so at $31 i know around $29 to $30 that's my stop off point. any point i can get a $1 risk/reward and make at least -- let's say it goes up 10%, i'm happy with that. >> dan nathan? >> yeah, i'm going with nvidia. they reported there were very few semiconductor stocks that could do that, and there's a shift from console gaming back to pc. they reported 13% growth in the last quarter. and 40% of the market cap is in cashier and trades multiple. this is a cheap stock with growth and it's got a great balance sheet. i think you can play this back up to the prior highs about 24 bucks. >> all right. new shot clock and karen finerman, make a case. >> neither jumped out at me, but in the end i went with int

>> i have to go with b.k.tion kind of girl and western union on its face would look like it's much cheaper but i think you're buying a melting ice cube. but one day it could just melt immediately. quick books growing nicely, not the cheapest thing out there, but turbotax doing nicely against h&r block. >> sit going to be a tie, guy? >> no. it's not. like last night. intuit,uick books growth up 50% year over year, improving margins. yes, valuations are stretched but the last time the pony express was cool, they were in the backfield. you know what i mean. >> this company over and over has thee threats. >> this is not a debate. we're done. intuit. western union is out. on twitter you also said intuit. >> there you go. >> so intuit advances to the next round. this would be a good one, intuit versus paychex. tomorrow back to our tech conference with a huge matchup between apple and hewlett-packard. the winner will then take on cisco in the knicnext round. tune in or logon for exclusive previews ahead of each match

they are charles finch, b.k. fisher benjamin moser and lisa rust-sparr. could we have a round of applause? [applause] >> thank you. this year's recipient was a finalist at last year and the nona balakian citation for excellence in reviewing is given to alexandra swartz. she is as an assistant editor at the new yorker and a regular contributor to the magazine's web site. mer writing as appeared in "the nation." the "new york times" and "the new republic." she was previous lay member of the editorial staff of the new york review of books and before that, lived and worked in france. she grew up in new york city and lived in brooklyn. shoutout for brooklyn. without further adieu, it is my pleasure to work miss schwartz. [applause] >> there you go. >> thank you greg. i was so relieved when i found out a few days ago identity be speaking early in the show so i could get my adrenaline spike over with right away. then i realized i'm in the unusual position of knowing in advance i'll be standing up here and then i realized the whole situation, the rewover holding

. >> b.k. what's your take?st hit on the exact point i wanted to bring up is that, you know, you talked about raising interest rates being procyclical. look at the environment we're in. if you raise interest rates when off new technology whether it be the internet or an industrial revolution, something like, that you're raising interest rates when the economy is chugging along. in this particular case, the only reason why the stock market is up at these levels is because of financial engineering, exactly what carol talked about. >> only reason? >> that's the only reason. absolutely the only reason. >> not earnings not corporate profits? >> earnings would rebound. they're okay. they're fine. but not to these levels not this much of a bounce off the bottom. it's financial engineering. >> yeah. kate? >> well i mean i think the point brian is making makes sense and he's talking about the corporate debt issuance and i'm thinking also just free associating all the activism we've been covering and what is that in many

the b.k.pple juice, or low fat chocolate milk. >>> meanwhile, new data shows small business optimism rose less than expected in february. the nfib small business index increased to 98 last month, but it was expected to inch up to 99.2. starbucks expanding its mobile ordering app next week you'll be able to order ahead and skip the lines at starbucks in washington, idaho, and alaska as well as oregon. the company hopes the app will be coast-to-coast by the end of the we're. you're up-to-date. back to you. >>> meanwhile, oil about ready to closes for the day. swraky deangeles looks like it is going to close once again lower. we saw another half a percent decline. we're going to close around 4840 at this point. the stronger dollar certainly part of the story today. production keeps increasing and that's another part of it. probably not going to cut production any time soon. it's a piece of it as well. this was a raid that was bouncing around $50 looking for a catalyst to go lower, and the dollar

let me add, brian kelly, b.k. such a smart guy -- >> oh, come on. >> is that you, rick? of the same. six years isn't enough? come on! we need new policy. >> all right, rick let me just finish my point. >> i will. >> because i don't see any overheating, because i see commodities and the dollar up and no inflation whatsoever if you have aggressive rate hikes by the fed, the risk is -- this is brian kelly's risk and he's got a good point, long-term rates could fall 10-year rates could fall. that could do damage to the financials and that -- >> we got to go but rick has the fire extinguisher out. >> yes. >> risks of an inverted yield curve could rise. >> this fire extinguisher erxpired in 2011. i don't think we have to spray it on the economy any time soon. >> they've stopped. >> they're not going to raise rates and they're not going to do it meaningfully anyway if they do so i don't think it's an issue. >> just go slow. all i'm saying is go slow. >> thanks everybody. thanks rick. an earnings recession, we've been discussing it. sounds scary and would be if it happened. next