you'll see maria's live exclusive interview with disney's bob iger. if you want to buy this stock or sell it, that's our topic today. martin is the chief technical analyst and beth covers the name. mark, what do you like? do you like disney at these levels? >> i do, bill. it's been one of the best dow performers this year. >> and we're doing candlestick. the stock has gotten up near 42, $44. it's consolidated. importantly, though, the stock has shown really little sign of deterioration. often times when these levels are challenged and you don't immediately fall apart, there's a good likelihood that it pushes up to new highs. >> if you look at the monthly chart, there's a couple things that support this. the stock back as far as 1998 traded up near 42 and 44 in 2000. the stock backed off again. the longer term structure is high and low. when you have a stock that rises up to challenge those levels, you can see it pays to stick with the stock and push higher. >> beth, you're not convinced that this stock is going anywhere any time soon. why? >> the stoc

bob iger with us talking about that. how we finished the day on wall street, things are just settling down and 12,9316789 nasdaq down 11.5 points, well off the lows for the nasdaq and the dow at 2946. s&p down 6 points at 1363 on the standard & poor's. as we wrap up another trading day, stocks staging a pretty good comeback. the dow had been down nearly 200 points at the session lows on once again renewed fears coming out of europe. the market closed off that level. blue chip index sealed down for five straight sessions. commodities unable to show any signs of life today. asset class being sold. oil down for a fifth straight day settling around $97 a barrel. gold prices falling nearly $35 an ounce, settling at the lowest close since early january on gold. there weren't a lot of places to hide but investors found them in the dollar and u.s. debt. dollar increasing for a seventh straight session and pushing the yield into the ten-year, what does it say about customer sentiment, barry nap and bob pisani at the nyse, he is t

that's why i'm thrilled to have bob iger, the bankable chairman and ceo of the walt disney company hereonight. to talk about the quarter and what is ahead for his business. mr. iger, welcome back to "mad money." have a seat. it is always great to see you. "the avengers." it did it overnight, become the largest franchise that disney has? >> well, one of the largest. we've got a lot of great franchises. but we're thrilled obviously. incredible results. it broke records at the domestic box office the first weekend. broke records again for the second weekend. hit a billion dollars last night, i think after 18 or 19 days. >> explain this business to me. i don't know anyone who thought that this would be the number one movie. >> well, we had confidence in it. we believe in the franchise "avengers." we believe in marvel. we thought they made a really good movie. i must admit it exceeded our expectations. but that's a nice thing. >> but you also already had a sequel ready. >> the good thing about this is we had launched "ironman" a number of years back. >> i was in "ironman" once. >> that's rig

i will be interviewing bob iger following disney's earnings and seeing what he said about parks and trends in particular. melissa? >> thank you from los angeles. options traders expect disney stock to move about 4% on tuesday, slightly more than its average move. in what direction? let's call to the charts the man who considers the magic kingdom one of the great wonders of the world. carter, what do you see? >> three charts. here's the first. it's a two-year picture. you don't get a more well-defined moment than this. 43 level. well-defined trend and good relative strength week to week. the presumption is stock is setting up for the breakdown. you can see the lines. the same chart. this is if you want to see it this way, a well-defined bottom with the same tension and the same prospects. not a long-term chart. that piece there was about earnings. let's talk about it. stock is the same price it was in 2000. in 2000 they earned $1 and earn three now. in 2000, they were 40. it's 15 now. in 2000, the revenues were 25 billion. they are 40 now. they brought back 10% of the shares. that's exactly

bob iger on the show the other night, raising prices of oil and food. are you worried about inflation? >> yes. last great inflationary outbreak that we had was in the late '60s through the '70s. what preceded that outbreak was several years in a row from 1960 to '64. those were rates of inflation that today would be called deflation. the fed would mean to kwaush those rates and lift them up higher. we can't suffer 1% inflation, they would say. but what followed 4% of inflation was the great inflation of the late, late '60s, into the '70s and up until 1980. there's no press release. they don't tell you what is going to happen. so gold and silver have been awful investments for a year. >> until the last three years. >> right. but to me that is one area of opportunity. some of these gold stocks are astounding. if you own them, they are mainly cheap but they are cheap as businesses as well as hedges. >> why is it that gold prices have moved higher and the gold stocks have not kept up? >> i don't know. >> that seems like an opportunity right there. >> here's

we'll have a interview with bob iger. sue, over to you. >> we look forward to that very much. >>> europe goes left. so what if this is the beginning of the end for greece and the euro zone and what if france says no more budget cuts in europe. we're answering those questions next. first, here is where warren buffett stands on the euro zone. >> you tell people to tighten their belts and you give them a chance to vote on it. it's, the real problem of dealing with 17 countries, because even if you manage to sell the people in one or two or three countries on the fact that it's an advise iblg course of action, you really need 17 going in the same general direction. and if you're going to have a common monetary unit, have you to have somewhat common fiscal policies. [ shapiro ] at legalzoom, you can take care of virtually all your important legal matters in just minutes. now it's quicker and easier for you to start your business... protect your family... and launch your dreams. at legalzoom.com, we put the law on your side. de

as the ceo bob iger told us yesterday, the decisions he faces are high quality ones. what to do with his capital. capital allocation. do we pay a bigger dividend? do we have more parks or more rides? do we make more acquisitions? do we keep plowing money back into the fabulous programming that we offer, that of course has tremendous pin action. these are the kinds of challenges we can get our heads around. they are the kinds of challenges that make us want to buy and not sell the stock if it gets hit. they give us confidence. europe will be an overhang for a company that has a euro disney business in france. but it has so many offsetting opportunities that it's worth putting the heel of europe into the non-achilles. even as the stock trades at a big discount after what was perceived to be a disappointing quarter, in howard schultz we trust. in the model we trust. they are able to make a cup of coffee and charge a lot more for it worldwide. there's been no change in that. costco and home depot offer similar opportunities. given a month or two or entire quarter out of w

disney's bob iger told us that if an advertiser wants his brand out there in a big way, nothing can toucheach of broadcast tv. but companies tell me that facebook has been a major driver of business for them. i don't think they're making it up. plus, when facebook comes public on friday, it won't even be the most expensive social media stock. there's no telling where it will be once it starts trading, but at the mid point, facebook will be trading at 55 times next year's earnings. linkedin, the most successful social media ipo to date, trades at 90 times next year's earnings and 38 times 2015 estimates, wildly more expensive than facebook. even if facebook doubles on its first day of trading, it would still be cheaper than linkedin. even loser yelp trades at 33 times 2015 estimates and facebook should definitely be worth more than yelp. yes, i think facebook could be a worthwhile investment. but only if you can get it at the right price. price is what matters and that means being patient, waiting for the initial fervor to subside, and only buying it after it begins a pull back down somewh

i talked about this with bob iger. he's the ceo.he notion they should stick with tried and true brands. "avengers" is tide. when you do "pirate of the caribbean," it's head and shoulders. you put money behind your franchises, not "john carter." what bob iger is learning, we'll watch any variation of any theme park character. but we will not introduce a new one. it's very interesting. full disclosure, we work for comcast. one of the things mentioned in the disney upgrade this morning, universal is doing quite well and it's bringing customers to disney. remember, it used to be the opposite? >> the theme parks. "harry potter" has been a game changer. >> have you been? >> i have been. >> how amazing? >> very crowded. >> something i have to look forward to. >> the 3-d reality stuff, those rides and i are not getting along that well. financials are mixed to up right now. certainly yesterday with the results in greece and in france over the weekend there was anticipation of significant drop in the market p. i would note financials now are

a quick programming note because disney's bob iger will be on "mad money" money tonight.nd big investors driving change at widely held companies like yahoo!. but is their agenda profitable for the little guy as well? >> it's happy hour on "street signs." how maker's mark made their millions and some arts and crafts with their signature wax top. tyler mathisen getting dirty coming up. 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 your legacy, get an auto insurance quote. usaa. we know what it means to serve. 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

disney chairman and ceo bob iger breaks down his company's earnings just minutes after they are releasedxclusive sit-down with house speaker john boehner. they'll talk befrg from tax reform to getting the economy back on track. we look forward to seeing you from the new york stock exchange and today from today in washington at the top of the hour on "closing bell." we'll see you then, mandy. >> thanks very much, bill. >> we've got some breaking news on yahoo confirming a story in the "new york times" earlier today. yahoo is forming a special three-person committee to review ceo scott thompson's academic record. again, a three-person panel will review the academic credential issue. remember the idea that he received a computer science deeg from a college which third point llc a hedge fund argued did not even exist in the year -- the college did. the degree did not. in the year that he claimed to have gotten it. he sent out that non-apology apology. "new york times" had a story on it earlier today. yahoo now confirming it. it's official. he's going to get dug into by his own company. >> i

we'll hear from disney and make sure to tune into closing bell for a first on cnbc interview with bob igerrading day ahead is president of global trend investments. tom, let's talk about disney earnings. all ice will be on this company today. looking at it as a barometer for the general economy here in the u.s. and about consumers are spending an feeling better about things. >> i didn't though we were going to talk about disany, but i'm glad we did. yesterday i picked up my 14-year-old from volleyball practice, the first thing he said was, dad, did you you hear about avengers? it killed it at the box office this weekend. my friends say it's the best you've have i ever. so if that's any indication, i think -- we're right here in southern california, a great heck came for the movie industry. i think it's a great segue in to better earnings going forward. and surely disney needs it. >> definitely going forward, but they've also had some issues, john carter 2409 doing so well. so it will be interesting to see how that impacts the earnings at least for this quarter. but of course we'll be watch

bob iger was at the first heroes work here job expo.ill be holding across the country, including one here in times square today. disney plans to hire 1,000 veterans over the next 3 years. hear hear. >>> meanwhile, diane sawyer with a preview of tonight's "world news." diane? >> a good wednesday morning to everybody at "gma," josh. tonight on "world news," talk about man's best friend. dogs who can warn their owners if they're about to faint. how do they do it? and you will see this happen right on camera. we are there. and it's tonight on "world news." >> we will be watching, diane. >>> meanwhile, finally, guys. take a look. a guy walks into a bar with a zebra and a parrot. >> you're not going to tell that one, are you? >> seriously. he was turned away going to the dog house, in dubuque, iowa. it wasn't zebra and parrot wednesday. he drove out of the lot. he was stopped by the police. it turns out the guy who brought the zebra and the parrot was a bit impaired. 0.14, well over the legal limit. the owner of said zebra and said parrot was

bob iger earned the mouse ears or a "i survived john carter" t-shirt.saw the weakness, analysts generally thinking that's okay. >> yeah. that's fine. mine there's five main operating segments at disnedisney. the only one that would be a problem is espn. it's nearly half of the revenue. this past quarter was 89% of the operating profits so it's definitely important for the cable business and espn in particular to be doing well and that's showing no signs of dropping. everything was a yes and kind of quarter where you go, yes, the park went up 10%. on rating income went up 50%. you have the carsland opening up and a fantasyland expansion opening up. all disney's divisions have something to look forward to. >> well, and a 10% jump in the theme parks think is important to touch on as well. as you mentioned, new parks coming down the pike. but looking to the broader company and seeing them looking to spend, i think that's what a lot of people were looking for when they looked at that segment, correct? >> absolutely. and i mean the only one park that went dow

as bob iger reported in our last earnings call, we were coming out of a strong quarter. we see a lot of new product launches next year, and on the abc front i am very proud and very encouraged by our strong schedule across the board. prime time, news, daytime, late night. >> you had a good line, you said that our bachelors don't stay engaged -- >> but our audience does, yeah. [laughter] >> that works. and jimmy kimmel had a line there that got him in a little bit of trouble with les moonves, he says that cbs is big with the 18-49 trips to the bathroom demographic? >> that's not true? [laughter] >> well, the numbers i look at says cbs is doing pretty well with the younger demographic these days. >> but cbs does well in total viewers, and i give them great credit for a lot of the shows they've put on. abc's strategy is different, and the makeup of the audience is different. if you look at what we did last year in prime time, we have the number one drama in grey's anatomy, we have the number one new drama in once upon a time, we have the number one scripted and number one c

>> i think bob iger did a fabulous job. the avengers is the next big franchise.ine going down is terrific for them. i like that stock very very much. >>> "john carter" we sat here a few -- >> john carter, who is that? the ceo of something? >> that cash flow people have argued news corp. is not levered enough. avon, people may say why are the shares down? move up yesterday on reports that shares were sold to help fund this bid. but it also goes to the belief that avon is just going to say, no, we're not going to let you in. you know, the 52-week high on avon is over $30 a share. that often can be a psychological barrier to anybody, particularly in a cash deal, where once you get your money it's not like you have any other up side. >> you think they might be sued? >> no, the board is likes how can we possibly consider an offer that's a good $5 below our 52-week high. >> though it's a premium before all these rumors came out. as a reflex thin that a belief that avon is just going to say, the farm. >>> you leave your job at facebook, take the company shares with you.