ishares by blackrock.ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider carefully before investing. risk includes possible loss of principal. liz: the s&p 500 retreat from 5-year highs. a handful of saving consumer stocks like food plays all continue to it fresh all-time highs. let's get back to nicole on the floor of the new york stock exchange to pick them out and take a bite. >> reporter: that's right. these are the names, and despite a tough economy, you're going to see some consumer staples do well. general mills, hormel foods, and hershey hitting all-time highs. when i say this, it should not come as news because, for example, hormel has had 18 record high surf in this year alone in 2013 alone. skip the peanut butter, her she would go into this group as well chocolate's that stay at a valentine's day. how about general mills, cereals and such. despite the tough economy, whether there is uncertainty are not come in the consumer place seemed to

ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. cheryl: power mover of the hour is aol. up more than 6% right now. a little more than $2. the stock was upgraded to outperform from sector perform by rbc capital markets. the analyst notes that even though aol rose 127% in 2012, its valuation is still reasonable trading at 20 times 2013 earnings. liz claman spoke to aol chairman and ceo tim armstrong on friday. and he said their number one catalyst for growth within the company has been its talent. he also noted that aol is generating a lot of cash. so the company has returned 1 1/2 billion dollars to its shareholders through dividends and stock buybacks. shares of aol, this is a one year chart. a company that is still going strong, still around. iphones are in and blackberries are out over at home depot. lauren simonetti on the floor of the ne

ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. officewith an online package new colincluding: domain name,y! website builder with five pages and basic email just $49.99! that's up to 76 percent below online providers and only at officemax stores! >>> welcome back to "the ed show." today president obama pushed for solutions to gun violence by taking his ideas for common sense measures to minneapolis, which has had huge success on the issue. >> this city came together. you launched a series of youth initiatives that have reduced the number of young people injured by guns by 40%. >> this week, then, we learned of another high profile senseless killing. former navy s.e.a.l. chris kyle and another man, chad littlefield were killed saturday at a gun range in texas. the two men had taken a veteran former marine eddie ray routh to the gun range, an

ishares by blackrock.l 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. liz: technology giant and dow component i have to add. a lot of you may own it somewhere. cisco reported earnings, another strong quarter, investors, though, at the moment, not exactly impressed. down under a full percent, about a percent at the moment. what are they focusing on, perhaps? perhaps, on the outlook where growth is in question in cisco, particularly, overseas, but clearing it up now with the real story, john chambers from san jose, california to talk about where the business is headed. thank you, john, for being here, and let's get to it. >> liz, thank you, a pleasure to be on the show again, go ahead, i'll follow you where you go. liz: the router, core business, routers and switches. okay, what jumped out at me was routers down 6%. they are 47% of the total revenue. tell me why i shou

ishares by blackrock.1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. more "likes." more tweets. so, beginning today, my son brock and his whole team will be our new senior social media strategists. any questions? since we make radiator valves wouldn't it be better if we just let fedex help us to expand to new markets? hmm gotta admit that better than a few "likes." i don't have the door code. who's that? he won a contest online to be ceo for the day. how am i supposed to run a business here without an office?! [ male announcer ] fast, reliable deliveries worldwide. fedex. liz: power mover of the hour is kind of in a free fall. investors might say, let me out of here or log me in. yeah, the ticker symbol is logm. that's the name of the company, log me in. shares of the remote software maker plunging to three year lows. as you see, shares down 29 and a third percent, ev

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ishares by blackrock.l 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. today is gonna be an important day for us. you ready? we wanna be our brother's keeper. what's numberwo we wanna do? we wanna be our bring it up to 90 decatherms. how bout ya, joe? let's go ahead and bring it online. attention on site, attention on site. now starting unit nine. some of the world's cleanest gas turbines are now poweri some of america's biggest cities. siemens. answers. we all work remotely so this is a big deal, our first full team gathering! i wanted to call on a few people. ashley, ashley marshall... here. since we're often all on the move, ashley suggested we use fedex office to hold packages for us. gat job. [ applause ] thank you. and on a protocol note, i'd like to talk to tim hill about his tendency to use all caps in emails. [ shouting ] oh i'm sorry guys. ah sometimes the c

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ishares by blackrock.a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>> it is time for the power rundown. jane wells and brian shactman are our partners today. rumors swirling yesterday that hewlett-packard's board is deciding whether to break up the company. jane, you get first whack at this one. >> you know, i am a turn-around expert. here is my strategy. to extract the most value, meg whitman should do what she does best. not sell parts off. auction them off on ebay with buy it now option that would totally goose the stock price. >> how about you brian. >> nobody seems to want it invest in hardware companies anyway. if they can unlock value and move on from business that seems to be, i dent want it say dying, but waning, it is probably not a bad idea. >> i think this is driven by investment bankers. they deglomeration. >> deglomeration? >> deglomeration. even if that's not a word,

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ishares by blackrock.l 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes poible loss of principal. melissa: turning now to really alarming news about a shipment of illegal arms from the iranian government to insur gents in yemen. sources tell fox news that the weapons were an attempt by the owing iranian regime to destabilize the middle east further, but at what cost? is the u.s. doing enough to stop them? judy miller, senior fellow at the manhattan institute and fox news contributor. welcome back to the show. i mean, this is a really alarming story; right? >> just part of the a pan tern by the iranians to destalize all of the government that have already been destabilized by the arab spring. now, in yemen, you have 25 million people, the poorest country in the middle east that's had a terrible time trying to get its act together, and along come the iranians with a shipment of very powerful, if ol

. >> caller: i got blackrock kelso. >> i don't know blackrock kelso. no, i don't know it.'ve got to do homework on it. let's go to john in washington. john? >> caller: boo-yah to the all-seeing, all-knowing great jim cramer. >> well, thank you. >> caller: you're the best, baby. you're entertaining and informative just like you say. >> i sure try. >> caller: i want to give your eagles a kudos for picking that oregon coach. he's a winner. >> chip kelly, i like him. breaking that story with mort, what's up? go ahead. >> caller: dvax. >> we said it was a speck, it is coming back, it's now up a dollar from where it blew up. i want to stay long dvax. barbara in illinois, please, barbara? >> caller: yes, sir. >> go ahead, barb. >> caller: jim, i have a question about cognizant technology. >> oh, i like that. and i like it a lot, but you know what? i saw an opportunity today, bill mcdermott's s.a.p. he's co-ceo, down from 83.60 to 80. pull the trigger, buy some s.a.p. let's go to bob in nebraska. bob? >> caller: jim, big red boo-yah to ya. >> nice. >> caller: i'm wondering about y

ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. otherworldly things. but there are some things i've never seen before. this ge jet engine can understand 5,000 data samples per second. which is good for business. because planes use less fuel, spend less time on the ground and more time in the air. suddenly, faraway places don't seem so...far away. ♪ liz: this is an unbelievable story here. linked in stellar quarter pushing the stock to new highs. let's get to nicole on the floor of the new york stock exchange. nicoll: we are watching the shares. really doing well. moving to all-time highs for linkedin, up over 21% right now at 150.42. you may remember the ipo back in 2011. these are the all-time highs today. came in with quarterly numbers. saw revenue soaring 81%. also saw net income jumping 66%. so with these moves, this is the 7th quarter i

ishares by blackrock.res for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. liz: consumers did keep a tight lid on their wallets last month as retail sales inch higher by .1 of a pares. look toward the fact that the payroll tax cut expired and that cut people's ability to spend. continued sluggish job growth. are we setting up for a slow year in retail? ashley: hard to say. joining us jennifer davis, lazard capital retail sales analyst. thanks for being here. before we get into the picks the psyche of the consumer right now. yes, it was extremely minute sign of growth in january, basically the same. but i say that is pretty good considering as liz said the payroll tax hike, it seems to me that consumers are holding their ground. >> also january really doesn't matter. it is such a small volume month, january and february both. i think we'll get a better read once we get into the march

ishares by blackrock.800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>> welcome back to "squawk box." on friday, the dow finally crossing back above 14,000 for the first time in, oh, more than five years, october 2007, you can see right now those equity futures are indicated slightly weaker this morning. dow futures down by about 30 points and the s&p futures are down by about four points. anything could happen this morning and you are talking about five weeks of incredible gains for these markets. in our headlines this morning, the united states and mexico have reached a tentative agreement on cross border trade and tomatoes. the deal narrowly averts the trade war that threatens to encan you feel a number of american businesses. the agreement raises the minimum sales price for mexican tomatoes in the united states. it ames to strengthen compliance and increases the ty

ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. connell: this is "markets now," somethings arsome things are toe true. businesses that they cut the technology cost but many companies in idaho are discovering it actually can increase their tax bills. software is tangible property regardless of how it is transferred to the customer. idaho the most recent state to tax cloud services. and according to a new survey, young adults are now facing stress levels that are higher than the national average. this is a survey done by the american psychological association and finds 18 to 33-year-olds reporte report beid by health care provider they have depression or anxiety disorder more than any other age group. they also say stress has kept them awake at night in the past month. topping the list of sources of stress, work, money, the economy, the usual,

ishares by blackrock.800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >> time for what do i need to know for the next week. tracy? >> thisac financial transaction tax gaining a lot of ground. you're picking it up. might come here. be very careful if it goes through. >> wayne, what too i need to know? >> talking about oil and gas. clmt, it's trading at a yield, in excess of 7% and a lowul multiple of 11 and i own it. >> how about you jonathan? >> i'm bearish on bonds and gold, but bullish on the financeeers, like penn and park financial, pnnnt. they invest in the debt andf equity of a lot of mid-sized companies. this is one that could too well, even as commodities go down and interest i rates go up. >> interesting. we've really kind of shored upav the banking system.ys that's an interesting play. keep your eye on that one. that's it t for the cost of freedom block this we

ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>. >> paul: "wall street journal" that the email accounts of nearly two dozen editors and reporters and some of our editorial writers had been hacked by the chinese government. in recent months they have also targeted the "new york times" and bloomberg news all part of an ongoing attempt to monitor american news organizations china coverage. we're back with matt and brett joins the panel. how extensive is this china hacking of the united states companies? >> last year we had a visit of a u.s. lawmaker and there are two kinds of companies. there are companies that have been hacked by the chinese and those that don't know they have been hacked. so it's absolutely ubiquitous and google being hacked. "wall street journal" broke the story about british aerospace. >> paul: is this a nuisance or genu

ishares by blackrock.0-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. we all work remotely so this is a big deal, our first full team gathering! i wanted to call on a few people. ashley, ashley marshall... here. since we're often all on the move, ashley suggested we use fedex office to hold packages for us. great job. [ applause ] thank you. and on a protocol note, i'd like to talk to tim hill about hisendency to use all caps in emails. [ shouting ] oh i'm sorry guys. ah sometimes the caps lock gets stuck on my keyboard. hey do you wanna get a drink later? [ male nouncer ] hold packages at any fedex office location. you know how painful heartburn can be. for fast, long lasting relief, use doctor recommended gaviscon®. only gaviscon® forms a protective barrier that helps block stomach acid from splashing up- relieving the pain quickly. try fast, long lasting gaviscon®. your

ishares by blackrock.1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. ♪ melissa: at least two dead in an attack outside the u.s. embassy in turkey today, a suicide bomber blew himself up in front of the embassy killing a turkish security guard. it's described as a terrorist attack. turkey's prime minister describing the member of a far left militant group. is the u.s. becoming more of a target in the region? i'm joined by peter brooks, heritage foundation, senior fellow for international security affairs. welcome to the show. what do you think of this? >> good to be with you. a tragic event, obviously, reminding us of the troubles going on in that part of the world, whether you talk about syria, turkey, iran, i mean, the middle east is an important place, volatile, and we have to pay attention to it. melissa: it is, but, you know, turkey is a popular tourist destinatio

ishares by blackrock.l 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. liz: the chicago auto show kicking into high gear, exciting new cars and features are being unveiled including a brand new toyota tundra. jeff flock wowed us in the 1:00 p.m. hour. now what do you have with us? jeff: hey. first of all i've got the ram truck. i have the ford f-150 trucks. this is all about trucks, liz, at this show. more trucks than anywhere else. take a look at the sales, though, in january. if you look at truck sales, as i run, maybe as you take a look at those pictures, the truck sales in january showed the dominance of the ford f series. but this tundra, the tundra was really at the bottom, and take a look, this is the tundra here that actually towed the space shuttle, famously through the streets. liz: oh, yeah. jeff: remember that? liz: yeah. jeff: now they have a new tundra,

ishares by blackrock.l 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investi. risk includes possible loss of principal. melissa: surprise, surprise, new evidence that solar energy is not as green as you think. the associated press reports transporting the hazardous waste created in the manufacturing process actually adds significantly to the carbon footprint. who knew there was hazardous waste; right? that offsets green benefits solar is supposed to offer. michael of the cato institute is here to explain. tad, i'm in shock. tell me more. >> well, there's liquid waste that occurs from the production of solar panels, a lot of them use galium arsenic. remember when president bush was excorrugated because he wanted to poisen us putting arsenic in the water supply. you want to know how green they are? not very. anybody who invests in them loses money. melissa: if you look at this specifically, this report, i thought, was a

ishares by blackrock.800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal.

ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. today is gonna be an important day for us. you ready? we wanna be our brother's keeper. what's number two we wanna do? bring it up to 90 decatherms. how bout ya, joe? let's go ahead and bring it online. attention on site, attention on site. now starting unit nine. some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. nfc, afc, offensive lineman, defensive tackles, quarterbacks and cornerbacks are all living united. to ensure the academic success of millions of kids in our communities. all the way to graduation day. but that won't happen without you. so take the pledge at unitedway.org. make a difference in the life of a child. suit up like your favorite nfl players, and become a volunteer reader, tutor or mentor with uted way. liz: there

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ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks,harges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >> if congress won't ask soon to protect future generations i will. i will direct -- [applause] i will direct my cabinet to come up with executive actions we can take now and in the future, to reduce pollution, prepare our communities for the consequences of climate change, and speed the transition to more sustainable sources of energy. melissa: wow, president obama there, really throwing down the gauntlet on climate change last night. with so much on his plate, clean energy and the environment be so high on the list? is the president overstepping hi bounds on this issue? here with more on this, blue dog democrat congressman kurt schrader. welcome back to the show. what do you think about that idea? we have so many problems right now? you know we have this unemployment, so many people out of work

ishares by blackrock.all 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. melissa: as we do every 15 minutes, let's check the market. nicole petallides is on the floor of the new york stock exchange. nicole: let's start off with herbalife. one of the names that grabbed the headlines since the middle of december. karl icahn owning 13% of shares. he believes in the company. unlike, bill ackerman. he thinks it is a house of cards and a peer bids -- and a peer amid scheme. they make packaging for health care, beauty and tobacco industries. it is certainly a stellar performer today. back to you. melissa: thank you so much. lori: president obama talking a lot about a manufacturing renaissance. jeff flock is in rockford, illinois. impressive, jeff. jeff: indeed, lori. i love these old buildings and structures. i have the mayor with me. he has been the mayor for eight years he

ishares by blackrock.1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. ♪ . melissa: news is out about chevron today. reuters reports the oil giant may be loaning venezuela's state oil company $2 billion to boost production. the credit would help the country pay its bills but just the idea of this loan brings up a number of questions, like what is really the intent behind it? why make a deal like this right now given all the uncertainty about who is going to run the country? joining me, john kingston, global director for news for platts. welcome back to the show. my first question when you say loan, you really think venezuela will pay you back. >> it will be $2 billion in exchange for crude. they have crude to deliver. if they're paying crude to make the operations run smoothly, obviously they don't have the oil to sell for other cash. this is their fastest way to cash w

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." >> you have the head of blackrock, barclay, bacnk of america. >> when you are doing deals worth billionsof dollars, the steep lunch price suddenly starts to look quite reasonable. , business goes on as usual. >> the thing about the keyboard lunches -- coming up in the next half an hour on "gmt," when it comes to america's covert war against al qaeda, he is america's right hand h-- right-hand man. it was the to an expert in washington on details of the condor -- i will speak to an expert in washington on details of whether the drone program are likely to be revealed. >> make sense of international news at bbc.com/news. >> funding for this presentation is made possible by the freeman foundation of new york, stowe, vermont, and honolulu. newman's own foundation. and union bank. >> at union bank, our relationship managers work hard to understand the industry you operate in, working to nurture new ventures and help provide capital for key strategic decisions. we offer expertise and tailored solutions in a wide range of solutions in a wide range of industries.

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ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. ♪ ♪ i want candy ♪ ♪ i want candy >>> coming up, liberals have serious questions about the obama administration's legal justification for targeting killing of americans. the white house has responded tonight. our big panel tackles the issue, and we'll have the latest. >>> karl rove is running cover for mitch mcconnell by going after ashley judd in a new commercial? tonight we have ashley judd's response to turd blossom. >>> and a brand-new attack on to hillary clinton from our friends across the street. it will make your jaw drop, friend. you can listen to my radio on sirius xm radio monday through friday from noon to 3:00 p.m. share your thoughts on facebook and on twitter. we are coming right back. all your important legal matters in just minutes. protect your family... and launch your dreams

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ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>> i'll be back with my observation tomorrow night. before we go, take a look at the day on wall street. the markets are off some pressure today. however, the dow jones down about 21.73 at 13,971. nasdaq down one point and the s&p down just a fraction. thank you so much for being with me. see you tomorrow. stale with cnbc "fast money" begins right now. >>> live from the nasdaq market site in new york city's times square, i'm melissa lee. here are tonight's top three trades. more money, more problems? why a drastic pay back may be the shareholder's best bet. energy independence. and, when it comes to oil, the focus is on north america, not the middle east. and gold breakdown. dennis gartman on why gold continues to lose its luster. but first, got to get to our top trade here, because the s&p 50

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ishares by blackrock.0-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>> welcome back. as hewlett-packard considering a breakup? that depends on which report you read. jon fortt joins us with the very latest. jon, what are you hearing? >> reporter: i'm hearing a breakup is definitely not plan "a" but may be plan "b" or "c." a source close to the company told me hp at this point plans to keep all of its businesses together, given where the company is right now strategically at this point could be a key phrase if meg whitman's turnaround plan doesn't bear fruit next year, all plans will be off. the pc business is pretty important to hp from a cash flow perspective but it's also shrinking. the printer business tied in pretty closely to pcs. hp's enterprise business in servers, storage, networks servicing software but from studying the company they would be very difficult to

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. >> caller: i got blackrock kelso. >> i don't know blackrock kelso. no, i don't know it.homework on it. let's go to john in washington. john? >> caller: boo-yah to the all-seeing, all-knowing great jim cramer. >> well, thank you. >> caller: you're the best, baby. you're entertaining and informative just like you say. >> i sure try. >> caller: i want to give your eagles a kudos for picking that oregon coach. he's a winner. >> chip kelly, i like him. adam schefter breaking that story with mort, what's up? go ahead. >> caller: dvax. >> we said it was a spec, it is coming back, it's now up a dollar from where it blew up. i want to stay long dvax. barbara in illinois, please, barbara? >> caller: yes, sir. >> go ahead, barb. >> caller: jim, i have a question about cognizant technology. >> oh, i like that. i like it a lot, but you know what? i saw an opportunity today, bill mcdermott's s.a.p. he's co-ceo, down from $83.60 to $80. pull the trigger, buy some s.a.p. let's go to bob in nebraska. bob? >> caller: jim, husker big red boo-yah to ya. >> nice. >> caller: i'm wondering abo

blackrock shared that advice, along with the warning that there will be bumps in the road. senators remain deadlocked on how to avoid the sequester with just a couple of days left for a deal to happen. president obama took his argument for more pointed cuts to a virginia town that depends on defense contracts for its citizens' livelihoods. "what the sequester does is use a meat cleaver approach to gut critical investments like education and national security." speaker of the house john boehner accused the president of using the military as a "prop" to support tax hikes. fed chair ben benanke is back on capitol hill for a second day of testimony. yesterday the chairman of the federal reserve urged politicians to reach a deal and warned that automatic budget cuts could create a significant burden on the economy. mr. benrnake also made it clear the fed stands behind its bond-buying program, better known as qe, quantative easing. "notably keeping longer-term interest rates low is helping spark recovery in the housing market and to increase sales and the production of automobile

ishares by blackrock.ares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. or that printing in color had to cost a fortune. nobody said an all-in-one had to be bulky. or that you had to print from your desk. at least, nobody said it to us. introducing the business smart inkjet all-in-one series from brother. easy to use. it's the ultimate combination of speed, small size, and low-cost printing. >>. >> paul: time for mitts and misses. >> you talk about misses, new york governor andrew cuomo pushed through a big gun control law in the new york state legislature. the poll dropped 15 points. there are few things in politics that can cause your approval rating to drop 15 points. the odds of the obama gun control just dropped about 15 points. >> new jersey governor chris christie is running for reelection but it's difficult to tell whether he is running as a democrat or republican. we hav

ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>> welcome back, bill. we've got the market showing a loss of about 11 points. >> remember that selloff, the walmart selloff, maria? >> that's over now. >> well, walmart is still down almost 3% actually. >> the dow, which was down 61%, down ten. >> look at that. >> so we told you about the walmart selloff. never mind. 20 minutes to go here. >> gold prices on track for the largest weekly loss. sharon epperson at the nymex with that story. over to you, sharon. >> gold is holding above 1,600 an ounce and is still down nearly $30 today and more than 3% on the week. it's the biggest weekly loss that we've seen in the gold markets since june and we're seeing confirmation of what has been happening since november when the equity markets started to rally. a lot of investors rotating out of gold and in