"cashin' in" starts right now. >>> hi everyone i'm eric bolling welcome to "cashin' in." wayne rogers jonathan, michelle field and juan williams. >> a colossal contradiction on capitol hill. take a look at this split scream. president obama refuse to go meet with the leader of israel when he comes here next month, but his state department did have time to meet with sympathizers of the muslim brotherhood. listen. >> members of muslim brothers were in town and two days ago they had meetings in this building. >> well, state department officials recently met with a jup of visiting egyptian former parliament arians whose visit was org miced and funded by georgetown university. such meetings are fairly routine at the state department we regularly meet with political party leaders from across the world. >> michelle are their priorities mixed up and are they putting us in danger? theel he' meet with friends of muslim brotherhood but not netanyahu. >> they will not meet with our biggest ally at a time when terrorists are trying to can i go us. we are at war with terrorists they ju

"cashin' in" to see jonathan's stock picks.did something this week that i believe will follow him for the rest of his presidency and legacy so egregious i wrote a piece for foxnews.com because i am sure he will never be able to separate himself from this. speaking at the prayer breakfast president obama lumped wrist yan and islam mic terrorists together. >> unless we get oun our high horse and think this is unique to some other place, remember that during the crew said and the inquisition people committed terrible deeds in the name of christ. this is not unique to one group or one religion, this is a tendency am this us a sinful tendency. that can pervert and distort our faith. >> did i say lumped? my bad. he bracket cli blamed christians for the religious fan particulars who are burning men alive, burying children alive and crews fieg young boys and talking about the both in the same context is simply not okay. he crossed the line in fact president obama pole vaulted over the line using some misguided moral equivalencies presi

our "cashin' in" crew jane rogers jonathan row begin, juan williams and lisa booth. mall of america on high alert, busting jihadists in brooklyn. why the mixed signals? >> you're absolutely right. there are mixed signals from this administration but that's what happens when you have an administration that's whose foreign policy is being dictated by incompetency. it's putting our security and economy at risk. what do you expect when you have an administration who thinks that global warming is a bigger threat than terrorism or who wants to find terrorists jobs. instead of criticizing christians and criticizing conservatives what this administration should do is be honest about the real threat and that threat is from radical islamic extremists. >> wayne, the director clapper and fbi director both said these are very very dangerous times right now. yet your president obama and we just heard secretary of state kerry saying no things aren't that bad. >> well eric to say that they are wrong is the easy to say and they are. i mean at one point they said sovereign extremists

. >>> i want to say thanks to our "cashin' in" crew for joining us. you can head over to foxnews.com "cashin' in" to see wayne and jonathan's stock picks. time to wake up america. being the real president is a tough job, behold our commander in chief playing around with buzzfeed. >> mr. president? >> can i live? >> you do you. >> look, i get it, he likes to have fun, we all do, it's just that we all don't have the luxury to goof off with bloggers and comedians all day, some of us are busting our asses trying to keep stuff from blowing up. we found out once again exactly what president o is good at, buzzfeed, late night talk show appearances, he rocks those, but when it comes to fighting terrorism, securing the border employing americans, not so much. and now we go from the real president to the fake one, house of cards season three is set to drop on netflix february 27th but this week some episodes were temporarily leaked on line for less than an hour wednesday evening you could have sneaked a peak at some ten season 3 episodes. was it really a leak i

i'm eric bolling welcome to "cashin' in." jonathan hoenig, juan williams, monica crowley and lisa booth. state department spokesperson want to give radical islamists jobs. >> we've all been piling on and mocking marie hart for that comment but she was just echoing what her boss believes because the next day this week president obama said the exact same thing. this is what you get when you put leftists in charge of national security. you get this kind of indulgence of the victim hood cult get this transfer of responsibility that somehow it's our responsibility to remake the economy of the middle east. look, you are dealing with a global religious movement, the objective of which is the global domination of islam. what the left wants to do starting with the president is apparently air left access to obamacare, subsidized housing and job fairs and think that somehow those things are going to make it all go away. >> lisa, is this a good idea? i'm baffled? i'm actually shocked this is what they're going to do now. if you want to f

keep it right here on the number one business block continues with eric bolling and "cashin' in." >>> first the president won't call them islamic terrorists and now he seems to be denying their motives. this is what he says about the recent terror attack at the kosher deli in paris. >> it is entirely legitimate for the american people to be deeply concerned when you've got a bunch of violent, vicious, zel lots who bee head people or randomly shoot a bunch of folks in a deli in paris. >> you're right, mr. president americans are concerned because it's -- you think this was a random act. inl eric bolg welcome to "cashin' in." wayne, jonathan, ainsley and jessica. welcome, everybody. wayne, i'm going to start with you. how can the president keep america safe and our economy intact when he won't even acknowledge who the enemy is and very importantly what they're up to? >> eric, i have no idea. i mean, the man if he doesn't know a kosher dell can a 'tissen from a mcdonald's, i mean, does he know what a bagel is as opposed to a doughnut? i mean this is outrageous. the fact that he doesn't u

inl eric bolg welcome to "cashin' in." wayne,

the "cashin' in" gang getting ready to roll at the bottom of the hour.ric, what have you got. >> the president suggesting americans get on a high horse after isis burns a man alive. what does that mean for our lives and the kpe and he's comparing what she is monsters did to what christians did centuries ago. >> plus a new approximate approximate you wish to nearly double the gas tax could have the president's blessing. we'll see you at 11:30. >> we will be watching. up here first the government wants to start regulating one huge part of our economy, it doesn't, the internet. some here say get ready for higher prices and less access you just got a big bump in miles. so this is a great opportunity for an upgrade. sound good? great. because you're not you you're a whole airline... and it's not a ticket you're upgrading it's your entire operations, from domestic to international... which means you need help from a whole team of advisors. from workforce strategies to tech solutions and a thousand other things. so you call pwc. the right people to get the extr

"cashin' in" will see you at the bottom of the hour. >> we will be watching. but up here first no tax on personal income. doesn't that sound nice in more states doing it and history showing all states may want to go for it. we report, you decide. let me talk to you about retirement. a 401(k) is the most sound way to go. let's talk asset allocation. sure. you seem knowledgeable professional. would you trust me as your financial advisor? i would. i would indeed. well, let's be clear here. i'm actually a dj. [ dance music plays ] [laughs] no way! i have no financial experience at all. that really is you? if they're not a cfp pro you just don't know. find a certified financial planner professional who's thoroughly vetted at letsmakeaplan.org. cfp -- work with the highest standard. i'd rather do anything else than sit at a dealership. it's a lot of haggling and it takes so long. craig's experience is completely different than mine. yeah. yes, mike has used truecar. at truecar, we'll show you how much others paid for the car you want and how much you should. because

i'm eric bolling well tomorrow to "cashin' in" our crew jonathan kimberly and welcome everybody. kimberly, let's start with you, isis is burning people, burying people but the white house seems to have their head buried in the sand. >> you're never going to hear this president say the words radical islam or criticize that religion in any way

cashin. >> is president obama taking pc to a new level? tinsel town love "fifty shades of gray." time to call out the hypocrites. see you at 11:30. >> up here first the white house touting the economy and historically low gas prices. one problem consumers aren't buying it. what do they see coming that washington doesn't? >>> to that savings at the pump you think americans would be spending it. instead they are stashing it. the white house saying the economy is pumping right along. what is main street seeing that washington isn't? >> everything else is going up. they are not tallying that in their silly calculations. i fill my car up twice a week and i don't feel a dollar richer because everything else has gone up around me, ground beef, coffee oranges. even the rec fees for your kids to play sports. all that has continued to go up. people charge their way through the holidays. let's call a spade a spade here. i've got bills coming in. that's where that money is going. it's not going on a big shopping spree to help the economy. >> i agree with tracy on this one. consumer spending

art cashin just stopped by. that rebalancing is not one index. it's a master limited partnership that are being rebalanced and that is affecting various indices. so not one index. it's kind ever confusing but at any rate we will see what that does to the close today. here is what the nasdaq 100 heat map looks like, all 100 components. looks like it's roughly 50/50. half up, half down. >> it looks like that's micron getting hurt on the session. meanwhile, some outperformance from qualcomm which really took it on the chin last week. >> dominic chu has been studying them all carefully. he has our movers on this first trading day of the month. >> i wish i had time to go through all of them. let's start with the highlights. we'll begin with verizon gaining ground on a "wall street journal" report it's close to selling a package of cell towers for more than $10 billion. verizon shares up by 2.5%. pitney bowes is moving lower an reporting quarterly sales that fell short of forecasts. then there's lululemon also trading

and art cashin off the floor and steve grasso joining us momentarily. art, i will let you kick it off here. sudden strength we're back at all-time highs. is it because oil has stabilized? >> it's a combination of things. it's a continuation of hopeful signs in europe. there have been no run on the greek banks. people have not taken to the streets, so they think perhaps a deal could be there. while they're still shooting in ukraine, we're waiting for the cease-fire to be implemented. but you're dead right. oil was strong again, and that helped put a bid under equities. people think if it's stabilizing, that will be a good thing. and other than that believe it or not on a friday the 13th the market has an upward bias if you go back through history. >> we'll take what we can get. i wonder if for this gains to continue, oil has to stabilize or continue to move higher. >> i think oil is the effect and not the cause. i think the cause is the realization that europe might be bottoming. art mentioned greece and i don't think the market is so much trading on tha

cashin. >> is president obama taking pc to a new level? tinsel town love "fifty shades of gray." time to call out the hypocrites. see you at 11:30. >> up here first the white house touting the economy and historically low gas prices. one problem consumers aren't buying it. what do they see coming that washington doesn't? in my world, wall isn't a street. return on investment isn't the only return i'm looking forward to. for some every dollar is earned with sweat, sacrifice, courage. which is why usaa is honored to help our members with everything from investing for retirement to saving for college. our commitment to current and former military members and their families is without equal. start investing with as little as fifty dollars. why aren't americans getting the savings at the pump. >> >>> to that savings at the pump you think americans would be spending it. instead they are stashing it. the white house saying the economy is pumping right along. what is main street seeing that washington isn't? >> everything else is going up. they are not tallying that in their silly calcul

we will have the close in europe and we'll also have art cashin to walk us through what exactly is goingin the u.s. markets. "squawk alley" will be right back. ♪ [ radio chatter ] ♪ [ male announcer ] andrew. rita. sandy. ♪ meet chris jackie joe. minor damage, or major disaster, when you need us most, we're there. state farm. we're a force of nature, too. ♪ contributors. contributors. >>> what day it's been in europe. a lot of green arrows. the dax off the highs. michele caruso-cabrera to count us down to the close in the uk and across europe. >> hey, carl. european shares higher across the board. the biggest winner is the greek stock market, tremendous rally there, particularly the greek bank stocks. a lot of that is driven by the news that the new greek government is backing down from its insistence other european governments forgive greece a large chunk of the debt. will greece back down on the insistence ecb give it easier repayment terms and economic reforms demanded by the country's lenders comes as the greek prime minister and finance minister on the left are doing tour tours acro

. >>> coming up on "cashin in," what do you have coming up? >> yes to spotters of the muslim brotherhood. is our government priorities out of whack? a new study blaming walmart and other big box retailers for obesity in america. is the opposite true? >> we'll be watching. up here first -- ahead of the super bowl the super measles outbreak. how it may break the bank. ♪ ♪ i'm almost done. [ male announcer ] now you can pay your bill... ♪ ♪ ...manage your appointments... [ dog barks ] ...and check your connection status... ♪ ♪ ...anytime, anywhere. ♪ ♪ [ dog growls ] ♪ ♪ oh. so you're protesting? ♪ ♪ okay. [ male announcer ] introducing xfinity my account. available on any device. >>> ahead of super bowl sunday a super measles outbreak. as many as 1,000 people in arizona where the super bowl will be played tomorrow may have been exposed to the virus. we saw disneyland hit with it last month, now more cases popping up across america. the cost of managing an outbreak of this size could come with a super price tag. tracy, you say this cost could hav

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art cashin walked by and got a wow from us.was just telling us $800 million to buy in balance into the close. that's probably why we're up where we are. the dow up 290 points. >> it's actually a question we put to liz ann saunders from charles schwab on the floor. welcome. >> thank you. >> good to see you down here finally. >> it's fun. >> there were some people saying it's oil but we're a couple dollars off the high of the session. is it people buying the dips. what do you make of the rooly? >> i think the rebound in commodities to some degree is giving people some comfort that this is more a supply story than it is a global demand story and i think a continued plunge might have been additionally unsettling. i think interestingly it may be a part of that. >> can that continue if the dollar continues higher which i think you expect to happen? >> actually the first lift we got in oil which came when you saw how big a drop we got in the rig count came in conjunction with the dollar going up. you can divorce the two in the short t

let's bring in art cashin, director of floor operations at ubs.d to see you. >> good morning. >> nice bead on jobs taking a peace plan to putin. >> the jobs thing was a bit of a surprise somewhat countersbu twif the rig count going down and down and down you would have thought some of those crude-related, fracking-related jobs might have pulled it a little bit the other way. so i think the markets were surprised. we're getting a little upward pressure on rates, and that might spoil the party a little bit or at least put a slight damper on it. >> the last jobs friday for december was almost identical to this one and the market sold off that day. >> i recall. and the other thing is the january number is notoriously erratic. so i don't know if we'll see revision. but the real surprise was the revisions in the prior months and that was truly surprising. we've got a couple goals to get through here the s&p has got to get through 2064 68 not to get too inside baseball, but they were building a little bit of a head and shoulders an that's about where the

. >>> art cashin joins us leer at post 9 talking about a market that doesn't know what to expect for the next several hours. what's your expectation? >> that's the problem. two key meetings. meeting on the ukraine and the meeting on the greek problem in brussels brussels meeting, is it hoped for, will have something out around noon probably after the european markets close, unless there's a leak beforehand. but you're right, also about oil. there's a big debate going on whether this is simply the continuation of the bottoming process or was that a short covering spike and are we headed lower? so, if we get down below 47, again, oil may begin to put pressure on equities and that will be something else. >> timing of the announcement or the leak, as you put it, does that tend to come on the first day of what you expect something over the weekend? another meeting on monday? >> yeah i don't know how far up to the edge of the cliff they want to go here. that's the feeling -- i think probably majority of the floor brokers think that the easiest solution is to grant greece six-month extensio

we have come off the highs as art cashin was mentioning, about $900 million to sell. is still up 5. both of those in record territory with the nasdaq up 5 points at this hour. joining me is the ceo of brewederman brothers and tom lydon. janet yellen spoke, we have a rally. coincidence? >> i think it's great. she's looking for inflation. >> is this a market that doesn't want the fed to raise rates anytime soon? is that why we're seeing a rally? >> absolutely, but that doesn't mean you don't have to be careful, especially overseas. currencies really can pay a big percentage of a downside risk overseas. so there are a couple etfs i love specifically. deutsche bank hedge equity for europe, and also wisdom tree. these two -- >> which wisdom tree? >> the wisdom tree europe hedge equity, and i think these two hedj is really important from a standpoint of the hedging that currency risk -- >> because as long as they keep rates though the dollar will go higher here. >> and as we have qe going on in europe, we're going to have a european -- >> especially if you look at what the

art cashin is signaling $200 million to buy.balance to the upside so we'll see if that has an impact as we head toward the close. the dow is up about seven points putting us in record territory. the s&p still in negative territory down two points. >> with 12 minutes to go with stocks on the dow looking to close at new highs, keep it right here. we'll get you the action in the final minutes of trade when we're back in two. the up all-nighters. and the ones who turn ideas into action. we've made our passions our life's work. we strive for the moments where we can say, "i did it!" ♪ ♪ we are entrepreneurs who started it all... with a signature. legalzoom has helped start over 1 million businesses, turning dreamers into business owners. and we're here to help start yours. ♪ ♪ ♪ tigers, both of you. tigers? don't be modest. i see how you've been investing. setting long term goals. diversifying. dip! you got our attention. we did? of course. you're type e* well, i have been researching retirement strategies. well that's what type e*s

art cashin just walked by.to the buy side but not by much. $200 million in stock to the buy side. as art said probably will have a negligible impact on the close today. we're down 32 points on the dow. >> we'll see what does have an impact here. ten minutes to go final market volatility we've seen. we'll watch what happens to your money in the final moments of trade. buckle up, we're back in two. stay with us. we are the thinkers. the job jugglers. the up all-nighters. and the ones who turn ideas into action. we've made our passions our life's work. we strive for the moments where we can say, "i did it!" ♪ ♪ we are entrepreneurs who started it all... with a signature. legalzoom has helped start over 1 million businesses, turning dreamers into business owners. and we're here to help start yours. in my world, wall isn't a street. return on investment isn't the only return i'm looking forward to. for some every dollar is earned with sweat, sacrifice, courage. which is why usaa is honored to help our members with e

judge jason cashin asking the forefoern approach -- forefoern approach and render the verdict, and heaid that the verdict is guilty, and polled the jurors, and they each one said that ip deed it was their verdict. he said, again, he is going to be placed in prison without the possibility of parole and also he e would be remanded or he will remain in custody until he has to go off to prison. i want to turn now to the legal experts, mark geragos, cnn expert and analyst, and mark o'mara cnn defense analyst and criminal attorney and richard gabriel, the author of "acquittal" and attorney benjamin brafman and this is not a surprise, it is mark o'mara? >> no, it is not a surprise but you should have a note here that it is a day of sadness and not just a loss of a american hero, but for criminal attorneys that somebody who is mentally ill, and like this defendant was, has no other alternative other than a life sentence, because of the minimum mandatory sentencing and you have to believe that there is something better we can do in a defendant who is acting with mental defendant to throw the l

. >> to that point, art cashin here at post nine. what is the policy headline? a matter of patience comes out in march and gets discussed in april and a hike in june? >> it's that yellen goes for gradualism and flexibility and the markets like that. she's got to be happy with the first day of her testimony. the dollar which had initially spiked is back to almost unchanged. yields which had initially spiked a bit have moved back down. so she has followed the hippocratic guideline, first do no harm. she did no harm today. >> certainly so. the ftse we should mention all-time closing high, surpassing a peak set 15 years ago. let's listen if as they bring this home. >> challenges in the long term. and i think that one of the things we need to do much more carefully here in the united states congress is begin to look at not just having a discussion with you about monetary policy, but looking at fiscal policy, whether it's tax reform, or whether it is, in fact, taking a look at what we're doing with the mortgage market, to begin to develop an economy that the millennia

art cashin is just walking by. come on in here. other than a move down in oil, anything else that you see that might -- >> pretty much. a little nudge up in yields, and i think that kind of took the steam out of it. people were talking about the drop in the rig count, but that's counter intuitive. the drop in the rig count has pressure on oil. >> well ordinarily you do. as we discussed off camera day before a three-day weekend is historically noted to the buy side. the real iron where i is the one friday before three-day weekend is the one before president's day. >> okay. that's are this hour's power points. as obama addresses the nation's top technologists on cyber security attacks, we learn that globally these cost $that, folks, is 1% of our global income. >> well, energy taking the lead in the s&p 50000 among the top gainers. pioneer and natural. >> if you missed any of the big stories, go visit our website at power lunch.cnbc.com. if you are looking for alternative ways to invest fine art continues to spike. sotheby's this week

let's bring in art cashin to talk about what yellen is saying at least in the testimony anyway, the statementto see you. she covers everything. she covers foreign government. she covers oil. she covers wages. even some comments on valuations in the stock market. what's your headline? >> well, i think she's left herself enormous amount of flexibility here. i think the markets initially worried a little bit about some of the early parts of the statement. now instead we saw the dollar go up a little bit. we saw bond yields go up a little bit. now they're returning back to where they were before the statement came out. so i think people are learning that the fed is hanging on to that flexibility and i would still maintain it's in my mind 50/50 whether we see a rate hike this year or not. >> this meeting to meeting business, how much fear is that going to infuse in the medium term? >> well, i think, again, that's the idea of flexibility. you know we're not going to come in with one big shot and change things. so new people will monitor. you know i think this is back to phrases like data driven and

art cashin indicating $350 billion to buy. we're back in two.e days, the most important person in your business could be a software developer. so, how's the app coming? we've got to make something great. how's the app coming? we've got to do it fast. let's do this on bluemix. you can build apps with analytics, big data, even ibm watson. that could give us the edge. let's do this on bluemix. it can provide code for you. we could be first to market. because being best is priority one. being first is priority one. there's a new way to work and it's made with ibm. >>> we're back on the floor. there is the market picture as we head ever closer to the bell. dow jones industrials down about a half a percent. it's been overall a down day for stocks. joining us now, eric irvin from reality shares and anthony chan from chase. guys, good to talk to you. if i, eric said to you what's the biggest concern you have in the market right now, is it the eurozone is it where oil trades, is it china relative to where their economy is? are they all of the above or wh

the day's trading action with bob and the floor of the nyse and i took note of a comment from art cashineen around the block a few times, right? he knows a thing or two about the markets. it's almost as if janet yellin has taken the hippocratic earth. ie do no harm and that means do no harm to the markets. >> if her goal was don't surprise anybody, and that does seem to be her goal she certainly accomplished that. look at the s&p 50000. again, she reiterated using the phrase, a very unlikely move. a rate hike for the next two meetings. now we're certainly into june, and a lot of people feel even june is sort of unlikely. a lot of people were talking about september for a rate hike. you see the markets -- the senate shall speak tomorrow in the house. we are dealing with higher oil prices, but the energy market is very mixed today. deemed off shore. that's a common slate. they may be losing potential contracts. look what's wha that's doing to the rest of the big drillers. noble also on the down side. lower demand for commodities. we all know it has crushed some of the commodity players. fi

art cashin fromu ubs told me as we put it pared for the close.ring in frank braddock of jhs capital advisers and our own bob pisani. we're short on time so just a minute each. >> the important thing is we're waiting on what's going on in brussels. the eurozone finance minister is meeting with the new greek finance minister. they should be out with a declaration. we were hopeful it would be before the market closes. there's been nothing. there's peace talks going on in minsk about ukraine. >> it looks like we're down 30 points on the dow. we haven't gone two days back-to-back without triple digit moves on the dow. this would be one but so far in 2015, volatility is the name of the game. >> and folks really shouldn't be surprised about that. if you sit and look at the vix, we're exactly where we should be. we're back to normal. in the last year we're down around 10 now up around 19. no big surprise approximates. >> this has enabled a lot of traders to get long and short the markets very quickly. you play the trend. oil stocks one day up one day dow

. >>> 2:30 left and art cashin just came by. how he was saying there was about $1.4 billion in stock to sell on the close. that was the imbalance. a lot of that pared off. that will happen times. now we have $200 million to sell as we go into the close, but right now we're moving higher. this is the dow today. we opened lower, and then we just turned higher in the afternoon session. we were getting close to an all-time high. we need to be at 18,053. so we're 15 points away from that but we're starting to move higher on the close. one thing we've been watching carefully, oil continues to move higher. wti comfortably above $50 a barrel right now, up 36 cents today to $53 while brent is at $62 or $63. as i was mentioning earlier, that spread continues to widen there, but we are marching higher. the stock of the period, what do you want to call it the day, the year whatever apple, everybody's darling. steve milunovich raised his price target to $150. we're at $127. the talk is whether or not apple becomes the first $1 trillion compa

art cashin just came by and said he didn't have anything yet for us, but this pop we're see somethingery reminiscent of what we saw late yesterday. >> given the absence of headline that is would otherwise perhaps be moving it. our thanks to bob. what is the catalyst that will break stocks out of this range here? well, with us now exclusively is wharton school professor of finance jeremy siegel. welcome back professor. >> happy to be here. >> i just want to begin by asking is your dow 20k call still on for this year? >> i think it's very very possible. you know we know that lower oil prices is good for the united states. a stronger dollar is actually also good but there can be too much too fast and i think the plummeting oil the soaring dollar caused so much chaos in earnings projections -- i mean the real source of the decline in earnings estimates are those two factors, oil going down and the dollar going up. and i think what the market is seeing, maybe there is a little stability here. we've seen oil rally, we've seen the euro come back a little bit, and i think those two factors ar

. >> art cashin signaled they've got an imbalance to the buy side. $30 million in stock to the buy saidht now. >> more buying. what a turnaround. >> it could pearare off. we'll see. >> ten minutes to go before the closing bell. as you can see the major indices are all in the green. record territory for the dow and the s&p 500. the nasdaq higher as well. not too far from that 5,000 level. >> i jinxed it by saying it's going to happen next week. we'll take you to the close in a moment. stay tuned. hey, girl. is it crazy that your soccer trophy is talking to you right now? it kinda is. it's as crazy as you not rolling over your old 401k. cue the horns... just harness the confidence it took you to win me and call td ameritrade's rollover consultants. they'll help with the hassle by guiding you through the whole process step by step. and they'll even call your old provider. it's easy. even she could do it. whatever, janet. for all the confidence you need td ameritrade. you got this. kid: hey dad, who was that man? dad: he's our broker. he helps looks after all our money. kid: do you pay him?

art cashin was signaling we are seeing a slight imbalance to the sell side about $100 million to theside into the close but that's not a whole lot. that will probably pare off before the bell rings, down 37 on the dow, the s&p down 2 points. joining me right now anthony chan from chase and our own bob pisani. bob, it would be nine consecutive up days for the nasdaq as we march towards 5,000. >> if you look what's moving the nasdaq, it's two things this year. a couple things, but first and foremost is biotech. if you look at the ibb, that etf for that or the xbie those are at historic highs that essentially have been straight up. the other major part of this is any of like cyber security stocks, fire eyes they have been great so far this year. that's a major mover. even some but not all of the social media stocks have been moving. >> anthony chan we all know that the big story will be tomorrow when janet yellen goes to capitol hill, her first testimony of the year before congress. at some point she's going to have to start getting us ready for the possibility of them raising interest

art cashin was saying if we don't hole certain levels we will see it move lower.ical move? because of the job report? >> maybe a little bit of it is nervousness about the fed tightening earlier than was anticipated. i'm really bad at calling daily fluctuations in the market. >> oh go ahead, anyway. it doesn't stop a lot of other people. >> exactly. but i do think that, you know, the trend for the rest of the year should be higher rather than lower. >> what's your target for the year? >> 2200. a healthy upside. >> stay right there. last i heard we had 300 million to buy from mr. cashen. that still the case? yes. or thereabouts. >> after the bell best selling author walter isaacson plus "shark tank" investor kevin o'leary joining us on the panel. and an eamon javers story that russian spies may be infiltrating wall street. you're watching cnbc, first in business worldwide. ase returns so you can enjoy that second home sooner. know the right financial planning can help you save for college and retirement. know where you stand with pnc total insight. a new investing a