it is a base hit for cabrera.on hernandez, would have been able to reach the ball and nick gave it a good effort and the padres have a base runner. >> rob: we will give you the scouting report. good-bye to the shut out streak. 458 game drought for the nationals pitching staff. last outing complete game shut out ended that. ground ball outs in july and 11.7 is the average ground ball outs per start. >> bob: that is a lot. it is a swing and tip. he has to face cabrera and he had a really big lead on the first pitch. foul tipped by will venable. cabrera, 10 for 11 steals and including one in the series. couple of significant players not in their team's line ups today. adrian gonzalez gets the day off. day game after a long night and morgan has a slight tweak of a hamstring and the naves will hold him out today and willie harris. we will set the defense for you in a moment. lead not as long on 1-1 pitch. bounce and foul. how about john lannan's last time out against the mets in the 4-0 win. no walks. only one strikeou

everth cabrera 2 for 2 tonight.s been on base four times in this series. >> rob: see that piece over the finger area on the glove. a loft pitchers years ago went to that, right there, nice job, guys. >> bob: drops in the breaking ball. strikeout number five. >> rob: pitchers were finding they'd tip the pitches. right there you see him getting the slider curveball grip there on the side of the ball. here he comes with that over the hand action. and just freezes it at home plate, but see the glove, right there, that's covering the finger so that he can't tip his pitches. >> bob: up and away to cabrera. switch hitting infielder. >> rob: you didn't hear that heckler, did you? the heckler said, be a team player, number one, because he didn't run out that double. >> bob: fans don't forget. they pay money to see people hustle. >> rob: it's funny, we were having a conversation going over some of the teams i played with and who managed me and stuff. talked about pete rose and how he could hit. think about that, over 4,000 hi

cabrera the shortstop. 22-year-old switch hitter from nicaragua. he was originally signed by colorado at the age of 17 in '04, they got him in the trade last november. and that ball gets away from josh bard. some things out of sync here on the first six pitches of the game.   that's gonna be a fastball. >> rob: got to be, hit some leather, and a little extra movement at the end and josh lets it get by. that will happen every now and then.   . >> johnny: he'll leg out a on three hops, mock, high throw, slow throw, cabrera beats it, an over to third is gwynn.   sacrifice, fielder's choice, first and third, nobody out.    . >> rob: well one of the thi tonight looking for is don't help them, that's going to help them right there, the bad throw, the sacrifice bunt, you take it, two-hopper back to you, throw it, you got to step and throw, you hear a lot of coaches say that, you lob it and you've got a quick

cabrera, 69th.ink, 33rd. >> it just shows you how deep the game really is. >> this ain'tcy funeral, you know. >> good for tom. all right. i think they're set to get going. we'll listen in. and watch as watson addresses the world media, assembled, live over there in the press room.

georgia and work ahead. >> bob: everth cabrera. couple of walks. >> rob: just make the hitter so much stronger when you fall behind. >> rob: he thinks he is in the driver's seat. he is. because you have to come into him. and a pop up out behind second. nyjer morgan is coming in. and he is going to come in and leadoff in the bottom of the 10th. how about the speed coming up with morgan and then harris. tie game. time to take care of business here. dealer: during the autobahn for all event, you can get great deals. it's perfect. i just want to make sure it's the right decision. future...us? we got here as quick as we could. look it's the cc. you don't pay for scheduled maintenance, you get the car of your dreams... seriously us, just drive it. you're right. dealer: let's take this one. it's a time-space continuum thing. the future...  . >> bob: bottom of the 10th coming up. they are tied at two. best value in northern virginia. it is the potomac nationals. and it is tomorrow night. hot dogs and tickets for 1 dollar each. and yo

cabrera the shortstop. 22-year-old switch hitter from nicaragua. he was originally signed by colorado at the age of 17 in '04, they got him in the trade last november. and that ball gets away from josh bard. some things out of sync here on the first six pitches of the game.   that's gonna be a fastball. >> rob: got to be, hit some leather, and a little extra movement at the end and josh lets it get by. that will happen every now and then.   . >> johnny: he'll leg out a

and everth cabrera and this time it is 0-2. and enables the infielders to back up a little bit against the speedy hitter. phillies tie the game. 1-1 against st. louis at home. two division leaders squaring off. the cubs won three straight and they are a half game back in the central and they are hosting cincinnati. reds are struggling, they lost five in a row. lannan goes right after him and gets a foul ball. >> rob: also makes it a little bit more interesting in here before the trading deadline. and become a buyer. who will become a seller. now the reds may selloff some of the talent. >> bob: who will be spectating. >> rob: mets problems get worse. gary shelled gets worse. >> bob: he didn't play in the series here at all with the hamstring. man. up the middle and lannan, good fielding position and very good reaction to retire a speedy leadoff man. there is a second ground out ball in a row, by the way. >> rob: well, i think to think of it as a mma reversal. mma is about ground and pound. and lannan's case, it is about pounding

quinn, cabrera and gonzalez for the padres. i had an interesting conversation the other day. he bristled a bit when i pointed out that he has struggled in some of his second innings of work this year. he said "eh, i used to be a targetter, i know how to go two," i said"okay, let me see a zero up there buddy and we'll talk." i mean it was a good-spirited conversation but he takes pride in the fact he can pitch more than one inning in certain situations and the other night he had to get one batter. tonight he is going to have to pitch more than one inning. >> rob: i have been told that you're kind of harsh on these young guys. . >> bob: wow. >> bob: he is gonna knock that one down, have plenty of time. and to the right. that will be the nationals fourth error of the night, two of them on pitchers. . >> rob: i know what the pitchers will be doing tomorrow. pitchers' fielding practice. step and throw. he throws off the back foot. see this right there? bad form. tomorrow they will be out here catching ground balls and throwing them

melky cabrera took over with clutch hits. johnny damon has been phenomenal.rk teixeira wasa a slow starter. it correlated with alex rodriguez coming back. being that presence, that force in the middle of the line-up. teixeira gets hot. i think that's what turned this team around. i think their bullpen got a lot of help when they moved phil hughes and put him in the rotation. that didn't work out. throw him in the bullpen. his velocity went up 5 miles per hour. his breaking is sharper. i think it solidified the bullpen and made this a team that i thought wasn't going to contend for the playoffs. now they can contend for the world championship. >> they jumped a jig saw puzzle if front of girardi. he put the >> he's done a fantastic job. there are still a couple of issues with the catcher. some pitchers are not happy pishing to jorge posada. he can be tub stubborn. >> here comes the rays. they open the season as if last year was a fluke. they were on the longest current winning streak in the majors, 7. peter gammons thinks not only will tampa win but they will r

here's everth cabrera, the shortstop batting .220. cabrera on base a couple of times, had a sacrifice. and he turns on that one, it's hooking down the right-field line. the runner just stood there at home plate. he's going to stop at second, and he should be on third. he thought that ball was going to hook. he stood at home plate and watched it. willingham couldn't reach it and cabrera is at second base, but that is not good base running. >> rob: no, and bud black will not be happy at him after the ballgame. as he's looking at it, looking at it, and, oh, i better start running. it's off that little screen by the bullpen door. he could have been on third rounding third going to home after it hit the wall and bud black thinking, okay, young man, we're going to have a little discussion after the game or even after the half inning. >> bob: when you're a 22-year- old rookie, you hit the ball and you run. now, rob, here's a situation, first inning of a ballgame, worst hitting team in major league baseball, best hitter, you can not let him b

los tripulantes de la cabrera hicieron un trabajo admirable. >> cuando se produjo el vuelco, se perdiÓn aterrizó en charlestone. la aerolÍnea afirmÓ que estÁ inspeccionando todo los 737 de su flota. >> a pesar del susto, todos tratan por montarse en otro aviÓn y continuar su viaje hasta baltimore. el aviÓn continÚa el charlestone donde intentarÁveriguar cÓmo se produjo el hueco. >> muchas gracias por el informe. despuÉs de una pausa, los demÓcratas presentan una ambiciosa reforma al sistema de asistencia mÉdica. también, las Últimas guiones para tratar de resolver la crisis de honduras y el forense de los angeles exige revisar los documentos mÉdicos de michael jackson. fqoglkh@h@tuilfqamtkph@h@h@tuil@ >> subsidiar a los que no pueden pagar seguro mÉdico con aumentos de impuesto a los que mÁs tienen. 15, 4% extra a los que ganan h@máh@s de $llonestuf ningÚn otro paÍs del mundo. dinero sobra. es la forma de que se distribuye que tutiene q cambiar. >> ero los republicanos se oponen diciendo que esta propuesta pondrÍa el gobierno federal a tomar decisiones que les correspondan a los mÉdico

coming around is cabrera. willie harris throws it home. the shut-out's gone. it's 10-1. and kouzmanoff has his 52nd rbi. i thought for a while the nats might have two shut-outs in five days. after not having any at home all year. the other one on the road. >> rob: toughest part about being a reliever sometimes, games like tonight. you've been sitting around all night now, 20 till 1:00, you have to stay ready. the home up has shifted a little bit. you need to try to keep it on your side of the field. this game's not over yet. >> bob: this is the other catcher, eliezer alfonzo, who started last night and had a double in four trips. he's batting for the pitcher thatcher. great movement on that one by beimel. so bud black has used his four bench players. the nats have used everybody but alberto gonzalez and josh bard. a little tapper right back to beimel. padres get a run on three singles in the 8th. our 737s fly to over 65 cities across the country every day. pa announcer: final boarding call... all passengers... each with an average speed of 590 mph... almost as fast as yo

last night in san francisco, giants pitcher jonathan sanchez struck out edward cabrera.he first since 1976. jonathan's dad made the trip from puerto rico to witness this. >>> the state of mississippi, they are calling it one of the biggest funerals in history. brett favre, ray lewis and steve young were among the mourners there. steve mcnair was celebrated today. funeral services took place on the university of the -- university of solve mississippi. >> steve was like a hero to me and heroes are not supposed to die. [ applause ] >> immediately following the service mcnair was buried in a private ceremony, 20 miles from his hometown. >>> arturo gadi was found dead in his hotel. not clear what was the cause. he was 37 years old. >>> we'll be ba to put a bow on the show as chris mrof the redskins explains his start with the redskins. ♪ ♪ who's watching? ♪ tell me who's watching. (mufed music) ♪ who's watching... (annncer) it's rig here. it's easy. ♪ i always feel like somebody'satching me. ♪ it's the money you could be saving with geico. >>> thanks forehanging with us -- f

i'm michelle carew so cabrera.get all your news on c nbc now celebratinged the year. >> the story of someone else celebrating. you used to be so embarrassed how we looked. would wait until dark to go inside. but this week, he burst into the national spotlight. smith who's from phoenix used to way more than 600 pounds with the help of a trainer and a strict diet and exercise regiment, he lost 400 pounds in two years. on the today show friday moing, he showed the t-shirt he used to wear. he's telling the story in a documentary premiering on cable this sunday. that's bursting on to the scene, isn't it? sports and weather straight ahead. steve is in studio to tell you about the weekend forecast. we'll be right back. Ñgo?ñwñsÑsñyysñ >>> it is 6:48 and 67 degrees outside. inside. but not normal. we're used to just -- >> hello. it's july. >> it's gorgeous. >> you would expect it to be 90 during the day. 70s at the nighttime, humid. >> we went swimming yesterday. i was freezing. >> i was -- i mean, literally, inwent out

i'm michelle ka russo cabrera, get all of your business news from cnbc. >>> if you're feeling the itchgo out and visit a national park for free this weekend, it's a great weekend to do it. the national park service is waiving entrance fees. here in our area you can visit great falls and shenandoah national park for free today and tomorrow. gift shops and other park vendors are offering discounts and special promotions this weekend. for 60 years, the university of maryland has been doing this -- creating hurricane conditions using a wind tunnel. researchers there rely on the tunnel to find out the damage hurricane-force winds can cause. this year, they put our craig melvin to the test. it looks like he was okay. they drove him to the floor and blasted him with winds hitting 117 miles per hour. craig tried to walk around that, but it didn't go so well. the 2009 atlantic hurricane season began on june 1st. it lasts until the end of november. we have sports and weather straighthead. >>> "the today show" is coming up next here on news4, it starts at 7:00 a.m., right after this hour of "news

nick swisher back to oliver and doubles off melky cabrera and complete the sweep. >>> josh beckett tryingto remain unbeaten at home going for his 11th win versus the royals looking good striking out three of the first four batters he faced. it is becht facing john buck. advantage beckett. he returns the first nine batters he faced. then beckett atop the seventh, pena, a 4-6-3 d feed and beckett one out away from a complete game and does it. gets his 100th career win. >>> cards and cubs. game two of a doubleheader. ryan ludwick a home run machine. top one, two-run shot. then in the top of the sixth, ludwick does it again, seventh career multihome run game. he finished 3 for 4 with two homers and 4 rbi batting .478 in his last six games. that'll do it for this espnews update. now back to jeremy and vinita. >>> oklahoma city did being completely rebuilt but not with bricks and stone. a lego master is painstakingly duplicating the cityscape with the blocks. >> kurt zimmerly is using more than a million legos to re-create all of the city's major landmarks spending 12 hours a day. at that rate

obviously, guys like miguel cabrera who signed a huge deal with the tigers and dontrelle willis ultimately signed a huge deal with the tigers. the return on some of those good players helped this team win 84 games last year. hanley ramirez, josh beckett, mike lowell go to the red sox and help them win a world championship. at the time, you were getting a minor league player in return. hanley ramirez is one of the most talented players in the major leagues today. it was pretty good for the florida marlins. >> bob: made a mark on the wall behind detwiler and olsen. you know, the dugouts here are so close. i'm sitting in one of those dugouts, i might be tempted to wear a helmet. it is really, really close here. >> rob: you'd get laughed at for that. >> bob: i know i would, but at least i'd be an alive guy getting laughed at. >> rob: they're not pitching tonight. there you go. willie harris grabbed a glove. which will slow playing a little d. in there. >> bob: you can't keep willie out of the lineup. >> rob: the pitcher can go down to the bullpen if they don't want to sit that close. >> bob: g

we need $2 billion more please. >> i'm michelle caruso cabrera. poised to finish their best july in 20 years. bank of america, 3 m, travelers among the winners. joining us for this half hour is david kelly, chief market strategist and nearly $500 billion in assets.. is the recession over? >> well, yes, i think it is, but the recession hit a trough. the economists measure from the best month to the worst month. are we past the worst? yes. in july we will see increases in production and increases in retail sales and that tells me they will say yes. june was the worst month. >> what will the recovery look like? >> they will start reasonably fast because they are down so low. >> what are about the car sales? >> the cash for clunkers thing, what does that say? >> more than anything else, it says as bad as this program is to get people to buy vehicles, why not have a simple plan? i love that it's two pages. why not make it simple? they are adding money and make a simple program. >> doesn't it show to you, david, that consumers have a price. they are wil

and then later, the grounder up the middle as cabrera flips it behind his back for the double play. indians win 4-1. >>> well, time is certainly not on tom watson's side. the 59-year-old is trying to become the oldest man to ever win the open championship. the record right now is held by tom morris, who is just 46 when he won the clarity jug. 142 years ago. at turnberry in scotland, tiger woods in the par 4 16. you can tell he does not like that. shoots a 1 over 71, his first over par opening round at the british open since 2003. sergio garcia on the par 5 7th rolls in the eagle to get to 2 under. but a double bogey on 16 and bogey on 18 leaves him at even par. a 5 under 65, held the lead most of the day, until miguel angel jimenez on the par 4 final hole. a 66-footer for birdie! gets him to 6 under. he leads by 1 stroke over watson who has already won twice at turn betterrerry. >> it was a walk down memory lane to a certain degree. you use some of those shots that you did before, that you did well to help you in the present. >> watson won the famous duel in the sun at turnberry 32

cabrera has the long ball. that was a long home run. take a look.e the outside corner and it looked like a changeup in the middle of the plate. the changeup speeds up the bat. he does the rest. >> here's castro and it's popped up behind the plate. that's a tough play and two men are down on the popped foul. guthrie's 21st home run allowed. guthrie is having a tough time with that long ball. >> we have seen them a couple sliders. you have to make a decision if you want to throw a changeup, he just can't speed up the singles. that's what he did. otherwise, if you threw a fast ball away, who cares. there's a perfect example. the home run ties it. wise is going to deep. 1-1 game. pwhrap it's chilled down to 34 degrees... for a taste as cold as the rockies. it's aged cold. it's filtered cold. and it's served in cans, bottles, and glasses... that tell you when it's cold. why? because refreshment isn't everything. it's the only thing. frost-brewed coors light. the world's most refreshing beer.  >>> the o's are on the move after the game. they would h

that ball took one extra hop, cabrera couldn't get there quickly enough and guzman running out of thee of the batter's box gets an rbi hit. so the two out walk really hurts the padres. >> rob: well, it was a great at- bat by a pitcher j.d. martin that really got this inning going with two outs. then the base hit from nyjer morgan, he went first to third, scored easily on the infield single by cristian guzman, and the nats still pushing right here for some more runs. now you're bringing ryan zimmerman up and dunn, your big hammers with first and second. this is what the nationals were doing the first couple of months of the season. great two out situational hitting. >> bob: putting pressure on the other team with men on base constant isly. that's a breaking ball that sends lobaton scrambling. zimmerman's home run tonight his 17th and he has 75 career home runs. inside with the -- with the fastball, 2-0. >> rob: he's now up to 30 pitches in this inning. >> bob: and he had two outs bases empty. >> rob: he did. 2-0 slider inner half. i think ryan was looking for something out over the pla

and cabrera, and cleveland wins, 2-1.lete-game victory, didn't walk a batter. second straight complete game. >> when we return lance armstrong and his battle against father time. undefeated professional boxer floyd "money" mayweather has the fastest hands boxing has ever seen. so i've come to this ring to see who's faster... on the internet. i'll be using the 3g at&t laptopconnect card. he won't. so i can browse the web faster, email business plans faster. all on the go. i'm bill kurtis and i'm faster than floyd mayweather. (announcer) switch to the nation's fastest 3g network and get the at&t laptopconnect card for free. >> we're back, braves have a whole bunch of offense. san francisco does not. bottom four, mccann. he's a big reason, they've been scoring a whole bunch of homeruns. mccann's 10th, and braves win, 8-1, came into the night, leading in runs scored in july. add eight to that, that's 103. lowe, one win, and pitched solid tonight. >> cycling. 15th stage of the tour de france, 99 mile ride in the alps. i get ti

. >>>> d i'm michelle caso-cabrera. ththe o will tell u us where he investstinhihis $5050 billllio >>> and f frr b bigimimsupersta vestors are buying. u'u' want to lien. th all madeonon last year when almost no o o else did. that's ahead. >>> in the memeanme, here's your markets. bertha is at the new york s sck exexchge. bertha? >>>> rororte thanks very much. the markeketsrere in t the abse ofny economic data today, folks arar w waing to see whaha happens s wi t the trereurury auction in the next hour. look at the s&p a a a precacari point of s spoport level. we break the low o of 8888 the s&p at a ononmomontlow and the dollar index a at a two-wee high. materialalarare wer as a result. duduntnt i part because t thehaa a lalay in aapproval of onone its herbicides overerse.. alcoa bucking g e e trd bows ununci back. morrow, are the hmhmosonon see positive talk? apparent leewaynn washingtononon the psisility of lesess stringent governmentnt plan? >>>>> re talk ofststulus in the last few minutes. the majority leaderer i in

. >> i'm michelle caruso-cabrera. bill is off this week with. auction traders positioning themselves ahead of this parade of results, goldman, intel, j & j, the list goes on and on. >> i'll brian schactman, forget about wall street bonuses for a second, a megadeal for an "american idol," making ryan seacrest the new king of reality tv show hosts. the numbers, pretty amazing, the impact straight ahead on "power lunch." but also what else is on the menu? >>> i'm jane wells in los angeles, most banks have stopped cashing ious, we are minutes away from an interview with the california state treasurer. >>> i'm jim goldman in the silicon valley bureau. the net book sector will double shipments to 33 million units, one of the key reasons we are seeing a huge he is school lathe lation if the war between microsoft and google with both companies trying to seize the market in two decidedly different ways. more details coming up. >>> i'm john harwood in washington, president obama moments ago said health care reform will happen, time line under pressure, i

. >> >> and i'm michelle cabrusso-cabrera. what is the economic fallout for all of the layoffs? economists say we're in a man session. no, that is not an episode of "sex in the city." and why the report is the most important we have seen in many years. and here's what else is on the menu. >> and way up in minneapolis, minnesota. why? job losses. it's the new wave and the new worry, but it's providing new opportunities for buyers. no surprise, new data shows sales surging on the low end. >> i'm darin rivel, cable vision spinning off its $1 billion sports asset division. that news, and a solid quarter giving a boost to cable vision stock. we'll know cable vision investors -- seem happy with the move, but fans of the sports teams, not so much. >> i'm jane shamly, and in texas where the state is being scorched by the worst drought in 50 years. so severe that new water restrictions could stop the serving of water in restaurants, and close car washes and ag losses could reach $4 billion. i'll have more on the financial paul fallout, coming up on "power lunch." >> yes, and those were b

. >> i'm michelle cabrusso-cabr a cabrusso-cabrera, he is the fixed manager of the year, and he hasn't lost money since it started 25 years ago. he's going to tell us how you can cash in by betting on bonds. >> and i'm brian shackman, president obama making a good push toward alternative energy, and china wants a big part of the action. the question is, will protectionism push the u.s. aside and make china the power player for renewable energy? we have a first on cnbc interview with the chair woman of jpmorgan china equities and here is what else is on the power lunch menu. >> goldman sachs just finishing up its second quarter conference call, the company's cfo saying after big capital raises by banks last quarter, a lot more companies need to fix their balance sheets, and we could see a lot of equity issuance through the rest of the year. >> i'm scott cohn in butner, north carolina. bernie madoff was accompanied to pensions, penthouses and villas. now he is making his home here, a tiny cell that may be his home for the rest of his life. >>> i'm jim goldman in cnbc's silicon valley bur

. >> i'm michelle cabrusso-cabr a cabrusso-cabrera, and lawmakers holding hearings on capitol hill on whether or not to ramp up regulation on wall street. so is washington going to kill the market's new mojo with a whole new set of rules? we have two top bankers and a member of the house set to answer those tough questions. >> and i'm david faber. the spotlight on media and the box office is the latest harry potter movie opens in theatres.. we're going to tell you which stocks could be the big winners from this multibillion dollar franchise. here's what else is on the menu. >> in washington, this next hour and several hours after that are crucial to the senate's attempt to come up with its way of paying for health care reform.. they don't like the house surtax on the wealthy, senators and staff in both parties are meeting right now at a tax on some provider employer provided health benefits is not dead yet. >>> a disappointing earnings season for the airlines. oil prices down substantially. but so are passenger revenues. we'll have all of the numbers. >>> i'm jim goldman in the silico

. >> i'm michelle caruso-cabrera. should investors being going along for the ride?e have a first on cnbc interview with the ceo of rooitder system coming up. >> i'm steve liesman. samamazon.com announces a major deal yesterday. is the online retailer a buy, a sell, or a hold? we're going to ask an internet analyst. >> let's talk about the markets because we have the dow back above the 9,000 mark. scott wapner is at the new york stock exchange. we named aponents that are moving through. >> right now we're at the highs of the day. dow is up 190. i saw a headline before i came down here. i know you were talking about whether the health care situation was lending to this market rally. there was a headline move that harry reid, the top democrat in the senate saying that tl wouldn't be any vote on this plan until after august. it's not going to be on obama time line. the market seemed to move a little bit higher. can't say for sure if it was on that news, but none the less, it's a story the market is digesting with earnings and the economic report we got out on the housin

"i'm going to toss the baton to sue herrera and michelle cabrusso-cabrera. it is your bedtime. >> thank you very much, larry kudlow. and we will take the pa ton. welcome to "power lunch." the ballots in the markets is ongoing, stocks struggling for the gains, and jpmorgan offsetting concerns about whether one of the biggest small business lenders, cit, will even survive. and we're going to talk about the market fallout, and of course we're going to digress and talk about that hearing. >> absolutely. i'm michelle cabrusso-cabrera, former treasury secretary hank paulson getting grilled on the hill about whether he strong armed ken lewis into buying merrill lynch. paulson says, yep, it was me, trying to send a strong message to lewis, but didn't encourage him to withhold information about merrill's problems. they are in recess right now. we're going to head back as soon as they start. and joining us for the rest of the show will be steve liesman, as well. >> that's right. and we are going to talk with steve more about jpmorgan. it did have a blow quarter. tomor

i'm michelle cabrera. welcome to "the kudlow report." larry has the night off. don't worry, even in larry's absence, we believe free market capitalism is the best part of the rally. larry says it's a new bull market. u.s. markets hitting the highest level of 2009 with the dow turning in the best july in 20 years. 12 years for the s&p and nasdaq. the bears continue to get slammed and it's the new bull market. how long does it last? is it too late to get in on the recovery rally? let's stop in with our market gurus, jerry bowyer and steve grasso, plus peter shipp author of the little book of bull moves and bear markets and peter from the university of maryland, professor. peter, i want to start with you. it says you're bullish, is that because we have gotten where it indicates the recession has ended. >> the recession hasn't ended. if anything, it's just under way sfwhi was talking to the other peter. >> it's coming to an end. the fourth quarter is a good quarter and we have a lot more room to grow in this market. >> the other peter. >> it's a not a new bull marke

. >> i'm michelle ka ruse sa  cabrera. a big day for the bulls. the bears may be getting ready for a counterattack. we're hear to get you ready for tomorrow's trading. here is a first look at the futures. right now they're indicating a negative open. s&p would open lower by 8,  nasdaq open lower as well in th wake of earnings after the bell. >> while they should, the nasdaq has been up 12 day ins a row. dow up by 700, 800 points. the big question tonight, is it time to take some profits? we've got a

he has a swing like cabrera, which similar pressive. they like him.he twin reportedly the third team because they don't have a lot to spend. andy mcphail said there was nothing immediate with the international players. they like him a lot but there's an age thing. mlb is investigating whether he is 16 or not. if he is 18, no big problem. but if he falsified birth certificate, he is three there another year it could be another year or two years. they won't spend big bucks on the kid if he can't join right away and what the investigation will show, how long it will drag out. we were heard $5 million or $6 million. maybe it's more like $3 million. andy mcphail won't open up the checkbook or stay we should spend the money on the kid if they can get him. apparently you have to prove his age. they expected bones -- they checked his birth certificate. they will cut him in half and cut the rings. >> three children could be a key. [ laughter ] >> i think so, two. >> and the social security checks. >> maybe he is 26 for all we know. >> and could be an upgrade.

themselves. [ laughter ] and finally, i saw this today, fans can purchase a personal concert by ryan cabreraor $24,000. calm down, everybody. [ laughter ] yeah, it's exactly like a karaoke party, except you don't know the songs and it's never your turn. [ laughter ] ladies and gentlemen, we have a great show tonight. give it up for the roots! ♪ [ cheers and applause ] >> jimmy: wow, wow, wow. what a show we have tonight, everybody. steve martin and paul simon are here. [ cheers and applause ] the beautiful vanessa williams is stopping by. i love vanessa williams. [ cheers and applause ] and to top it all off at the end -- at the end of the show paul simon is going to perform for us with the roots. it is phenomenal. [ cheers and applause ] and antibalas. i'm so excited. >> steve: what a show. >> jimmy: you guys, that -- rehearsal today was just insane. i mean, do you guys ever think you would play with paul simon? you never played with paul simon before, have you? >> questlove: no, first time. >> jimmy: were you -- are you psyched? are you -- >> questlove: i'm excited. [ laughter ] >> jimmy:

. >>> i'm michelle caruso-cabrera with yr cnbc mart wrap the dow stained 5 points.the s&p added nearly 22, and the sdaq picked up 37. >>> worries over the state of the global economy king their toll on oilprices. l dpping below $59 a barrel today, continuing last we's decl decline. to stay connected to torld t are paying big bucks to the airlines. poland, egon, for example voted to pay deltair lines $3.5 million toeep aai nonstop flight to tokyo. the city says those flights generate more than $60 llion for the localeconomy. delta had planned to drop the ig in september >>> japan's two top beverage makers are considering a merger that. meer would reported li create the world's fifth largest food mpany by sales t would be behind kraft and psico. business worldwide.irst in back to msnbc. >>> welcome back. i'm tamron hall live in new york. >> and i'mavid shuster live in washinon the big picture at this hou growing outrage today over a secret c program that former vice president cney reported kept hidd from congress for the past eight years. the nowefunct program was all

mercy, look at the -- >> johnny: look at the difference in the rotation, landon, olson, cabrera, as, sister and mock and jd march tip the starters now. >> ray: we have had 10 different starters. mostly people go through 7 or 8, maximum, we are able to do it. everybody we have tried over the last two months have been 25 years old or younger so that's the forte of our future. >> so let's see if garrett mock can get the job done tonight. the fans are ready. we hope you're ready at home. for ray and myself, johnny holiday for nats extra. coming up against the san diego padres. tdd#: 1-800-345-2550 "i'm rethinking everything... tdd#: 1-800-345-2550 including who i trust to look after my money." tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 "the dust might be settling... tdd#: 1-800-345-2550 that's great, but i'm not." tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 "i guess i'm just done with doing nothing, you know?" tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 "oh, i'm not thinking about moving my money. tdd#: 1-800-345-2550 i am moving it." (tucci) only at&t has the best selection of full keyboard

tony gwynn in center field, everth cabrera will be in shortstop, then adrian gonzalez, kevin kouzmanoff third, drew macias in right field, rodriguez at second base, lobaton will be catching. rodriguez two for four last night. that home run and three rbi's. nyjer morgan for the nationals did not play in last night's ballgame. he's in that line-up, he will lead off for jim riggleman's ball club, and with the nationals 25 for 73. take a look at the speed he's got. 10 runs, 11 stolen bases, the pride and joy, nyjer will be in the lead-off spot, cristian guzman batting second, ryan zimmerman, adam dunn, wil nieves will be catching jz martin looking for his first major league win. johnny holliday and ray knight with ben and a loft rumblings about what went on last night back in that clubhouse. >> it was a little different than anything we've really seen this year with jim riggleman kind of laying into the guys after the game. to me it was, we kind of knew we were going to see a little bit more are of this from riggleman. to this point i hadn't really seen it. we hadn't seen him kind of talk a

michelle cabrusso-cabrera, are you a free market capitalist? >> oh, larry, you don't even have to ask that, right? we have a cnbc exclusive coming up on power lunch, the choice hotel, is he benefitting from trade down as people move toward less expensive hotels?? and then charlie rangel and nancy pelosi making statements at 12:30. are they even going to acknowledge that the cboe says your plan isn't going to save us any money, it's going to cost money when it comes to your health care plan. we're going to talk about that and the effect on the economy.y. and also the trader triple play. we're going to get you ready to trade next week when it comes to oil, bonds, and also the stock market, of course. melissa, back to you. >> all right, sounds great. look forward to it, michelle. thank you so much. we'll take a quick break and phil lebeau is standing by with a look at ford's new road test. >>. >> i know larry is a gear head, so i'll give them this question. what if i could offer a 8 cylinder vehicle but only uses a 6 cylinder engine? we'll talk ab

i'm michelle cabrusso-cabrera. ford shares driving higher after they lost less money than feared.o allen mulally will join us to talk about the road ahead. >>. >>> president bomb planning to pay for his health care plan by slapping a surtax on families making over a million dollars. is that fair? watch the sparks fly on the power grid. here is what else is on the menu. where do we go for that? >> i'm mary hatch son. mcdonald's conference call taking place. learn how the fast food giants are impacting second quarter results. >> i'm john harwood. last night the president tried to sell the public on health care reform and now is back behind closed doors trying to get democrats and a few republicans to go along with his plan. i'm diana olick in washington. home sales have risen, prices still down 15%, and sales now all based on homes at or below a quarter million. >> thank you, diana. market action. oils higher, the s&p 500 touching its highest level since early november. the nasdaq going for 12 in a row. scat wapner kicks it off at the new york stock exchange. scott, we're above 9000

we're going to stay on that loan modification theme and bring in michelle cabrera who just used the new rule to refinance. michelle? something that seem wrong with that. go ahead. >> dennis, i qualified for refinancing my mortgage under president obama's making home affordable program. a few months back, interest rates were at record lows. i decided to refinance. i called bank of america. after a couple questions, the nice guy who answered the phone. me i qualify for the new government program. inthat cannot be possible. that program is for people in dire straits. it is meant to help people in trouble. i'm trying to do a basic reidentify. he said no, no, you qualify. and he direct me to the program's website to get an, i had to be employed, current on my mortgage in a loan own by fannie mae or freddie mac. it had to exceed not less than 125%. if i went with the program? what did i get. speed. no income verification, no appraisal. instead, the nice man on the phone took my address into a government database, will me the approximate value of my home refl identify done in lightning speed.

back to the markets and bring in our all stars, art cashin and michelle caruso-cabrera and steve liesman as well. the market, can't tell by looking at it because we're up 20 points. the market is on fire if you take out microsoft, a 17-point weight, we would be up obviously a lot more. it's pretty amazing given everything that went on at the end of the day yesterday, the bad earnings that we saw. what do you think, any of you? steve, what do you think? >> well, i think flat is a huge victory for the bullets today. nobody wants to get too excited about what's ultimately a 20-point gain in the dow. >> i'm very excited. >> don't want to pump it up. off the huge gains of yesterday, when the nasdaq was on the 12-day winning streak and today is friday the 13th for the nasdaq. >> you scared me for a second. >> going for the 13th straight day. flat is a victory because of the huge gains we've had and it shows there's some staying power to the gains we've had. >> art, is that true? is there a larger message buried within that? >> i think flat is a victory, but i do think the bulls would love noth

michelle caruso-cabrera joins the "fast money" four tonight at 5:00 p.m. >> but before all that, 20 minutesunds for the day. dow industrials down about 14 points. nasdaq weaker by just a fraction. >> and up next we're going to discuss what the falling dollar means for stocks. good sign, bad sign? what it means for hopes of an economic recovery as well. >> and then after the bell, would your tax dollars be better spent focusing health care reform on preventive care rather than treating individuals who are already sick? we're going to check, is this doable? 4:00 p.m. eastern.uc new chevy equinox. l with an epa estimated 32 miles per gallon. and up to 600 miles between fill ups. it's the most fuel efficient crossover on the highway. better than honda cr-v, toyota rav4 and even the ford escape hybrid. the all new chevy equinox. you have questions. who can give you the financial advice you need? where will you find the stability and resources to keep you ahead of this rapidly evolving world? these are tough questions. that's why we brought together two of the most powerful names in the industry.

. >> i'm michelle caruso-cabrera, many are looking to technology to lead us out of recession. we will show you how you can get in on the game with the top tech etfs right now. >> i'm steve liesman. new developments for cit's fight for survival, small business lender set to get a lifeline and it is not from the government. here is what sells on the menu. >>> john harwood in washington, critical point in the drive by the obama administration for health care reform. public bely, the president turning up the heat, including with remarks an hour from now. private lakers a lot of negotiations over,pay for extended coverage and how to control costs. >>> i'll jim goldman in the silicon valley bureau. another huge week for tech earnings, tech instruments after the dow, am and yahoo! tomorrow, ebay and microsoft wednesday thursday to name a few. all the details coming up. >>> i'm cnbc pharmaceuticals reporter mike huckman and biopharma is starting the week on a very high note. two positive late-stage drug study results for two big areas of up met medical need have the shares of two comp

michelle ruso-cabrera will pipi you up after the breaeak.

cnbc.com news now, "fast money" with michelle cabrera starts right now. >>> the "fast money" in just ten minutes, folks. melissa lee is on assignment, and fresh off the trading floor, these are your expert "fast money" traders. stocks at 350 today, pushing the dow above 9,100 and foiling the bears once again. what's driving the gains in this market which doesn't seem to want to go down? let's get you on the right side of the trade. here with the word on the street, do we have new volume in today's move? >> hold on, pete, you've got business to attend to. >> ladies and gentlemen, i've got to introduce la princessa. >> all right. that's what you call me behind my back anyways, right? >> here's what happened today. you had new home sales come out, we got excited in the morning and disappointment set into the marketplace on a low, low volume day. i think a lot of people were disappointed that you did not see follow through up side after what was a particularly decent home sales report. everyone got caught short later in the day, low volume, 352, scramble for cover. >> here's what i didn'

what was greg walker telling you in orlando cabrera a big influence on him, now playing with oakland, played second, this year playing short stop, and can play the outfield, can play all over. >> gary: he's already got 26 walks, 7 more than his entire total from last year, only had 18 all year. here is the 1-0 delivery. that will be taken inside, and a 2-0 count. al pers is having his problems with the streak zone. -- strike zone. >> jim: well, it's about release point. i'm sure matt is going to try to make an adjustment. >> gary: the white sox up. one-run ball game. throw by wieters, not in time, big jump for podsednik. he get this stolen base. >> jim: yeah, he might as well hold on to this one, the jump is so huge. again, a big lead. look at that acceleration. and then the ball up and in, so you have to catch it. nice transfer, and the throw on the wrong side of the bag. i don't think it would have made any difference at all. >> gary: that is 14 out of 21 for podsednik, who gets into scoring position. taking all the way was ramirez, 3-1. our leaderboard presented by firestone, a tra

let's check in with michelle caruso-cabrera. she is at earnings central at the nerve center. >> and at earnings central, maria, we've got piles of upside surprises from glts gls, jpmorgan, ibm, google, bank of america, even the toy company mattel. beating the numbers is what helped drive the markets higher this week. but when you drill down into the revenue number, the top line as it's called, things didn't look so good there.e. as peter bookbar at miller tabak point out this is a testament to corporate america's ability to keep a lid on costs and improve margins but it also highlights the economic environment remains tough. mike darda still optimistic. he says this is the second quarter in a row earnings are coming in better than expected. the ratio of upside surprises to down side surprises nearly 4-1. he sees that as more evidence that earnings have bottomed, and he thinks it's possible if history repeats itself profits could rise 50% over the next 12 months. very easy comparison year over year. now, next week is even bigger