good to see both of you, jim swanson, and, of course, brian jacobson, wells fargo funds management groupio strategist. two bulls, two very smart guys, and we'll put those up on the facebook page. >>> the closing bell ringing in about five and a half minutes. we have much more on the super bowl coming up. we get a personal tour. have you seen this? this huge bud light ship that's serving as a floating hotel in new york. find out how more than 3,000 football fans will be spending the weekend. it's filling up fast right now. ♪ ♪ [ male announcer ] here's a question for you: is your tv powered by coal? natural gas? nuclear? or renewles like solar... and wind? let's find out. this is where america's electricity comes from. a diversity of energy sources helps ensure the electricity we need is reliable. take the energy quiz. energy lives here. became big business overnight? ♪ like, really big... then expanded? ♪ or their new product tanked? ♪ or not? what if they embrace w technology instead? ♪ imagine a compy's future with the future of trading. company profile. a research tool on thinkorswim.

brian jacobson joins me. today we sell the s&p at a new low for the year.here the stocks go from here? is that is what drive -- is that what is driving the negative sentiment? >> i think perhaps it is too high for the fundamentals. i am of the opinion that if valuations are fair. some spots are overvalued and some undervalued, but there is nothing unusual about these levels. if you think about how low things worse since the march 2009 lows, people think of 2009 as being normal for the markets. i think where we are now fits more of a normal situation. >> we saw a couple of big declines with disappointing outlooks. what is your anticipation of what is ahead? >> we will see some winners and losers during this earnings season. it is volatile right now with the market down where it is. over the next few weeks as we work out where to earnings season, we will see some choppy trading. on average it might not look like the market is going anywhere, but if you focus on the fundamentals, looking for revenue growers that can be expectations, those are the ones to watch

brian jacobson joining us, chief portfolio strategist at wells fargo funds management., shares of netflix up 300% if you look at where they started the year last year. more than 40 million subscribers were added. tons of hit tv shows. we are going to take a look at the path forward for the online streaming servers. and relief coming to the 52 passengers stuck in ice for more than a week in antarctica. we will give you details on the rescue mission. just a few minutes into the session. we will be back with trading updates. "in the loop" continues in just two minutes. ♪ >> more than a foot of snow expect it in parts of the northeast tonight with a blizzard warning for some regions. there is bad weather in the midwest as well. one of 1000 flights have been canceled as of 6:00 a.m. this morning. with more on the storm we bring in a bloomberg meteorologist bonnie schneider. is this no going to show up? >> it is, deirdre. this height is worth it at this time. what we want people to do is not be frightened but to take preparations now before the snow comes in. and it will come

brian jacobson with wells fargo management. i am soon keen and on the market." ♪