it was a 20% decline in caterpillar sales over in asia. does this, you can talk all you want about asia coming out with big gdp figures but i don't believe those figures because they come from the government but when you hear specifics from caterpillar saying they have had a drop of 26% in slowdown of sales in china seems to me to indicate a slowdown over in china. >> well, that is exactly what everybody is waiting to hear about. those infrastructure plays, the material plays are so critical. you kind of had a tippoff when you started looking at some of the industrial metal activity especially copper. that is one of the those little canaries in the coal mine as you saw it there could be a pullback and going into earnings announcements with names like caterpillar. there was a little bit of a flag that said, hey, we could be seeing some misses. david: thanks, joe. lauren: thank you so much. stay with us. we'll come back to you when the s&p futures close. david: let us bring in our market panel. we have brian gendreau and guy labad. thank you

caterpillars. right away when i mention caterpillars he told me to get out of his office. i told them i said look i live here and i have the right to talk to you about the caterpillars. they are denuded they had a panic button. the congressman should know but the panic button. the police showed up in the projects and the projects god came in and they rushed me out of the office and he said get him out of my office. i broke loose and something i was raised on a my household by my dad. he would give me 48 hours. i said you have 48 hours to solve the problem. [laughter] he looked back at me and he said and the police looked at me and he said are you threatening him? no sir i'm not threatening him but i guarantee if you don't take care that i will. i waited for 48 hours and nothing was done. i said i'm a man of my word. i went down to a friend of mine spotted at a gas station, went to the gas station and i said my dad came me -- told me, over to get some gas. where's the gas can? he didn't give me one. i will find you a gas can and i will find you the biggest one. he said wher

only caterpillar and alcoa in the red. and finally, i just do want to point out, blackberry, right now, losing ground, reported a surprise profit today, but also said subs slipped. blackberry, down some 2.2% right now. bill, back to you. >> josh, thanks very much. so, let's move on to ebay. their shares up nearly 4%, just today, as investors watch for clues about the company's growth plans on this, which is ebay's investor day. ecommerce companies trying to expand globally and use mobile technology to hit some very aggressive targets. >> joining us now is ebay's ceo, john donahoe. he's lived with an exclusive interview for us is and we're also joined by our own jon fortt. so how much do you want to grow in the next two years, i guess, is the big question, mr. donahoe. i'm sure you want to grow quite a bit. but tell us how you plan to do that. you've put out some pretty aggressive targets. >> well, sue, what we said this morning was that last year, we enabled over $175 billion of commerce across our properties, ebay, paypal

caterpillar trades more on the china story and the miner story.nd we've seen the commodities that have done poorly. i think that c.a.t. will be challenged especially since china's trying to curb the properties and cutting back on that shadow banking. it's going to be harder to put the numbers up they've been expecting. >>> coming up next, the s&p may have hit a new high, but over the last month, defense stocks have done even better. jane wells tells you whether a danger zone may be ahead. >>> plus, an extended version of hold 'em or fold 'em. ♪ >>> that's so nice. great job, crew. >> so nice sitting next to the lady in red. >> welcome back to "fast." jane wells has your channel check. >>> here's what to watch for in the defense sector in the quarter ahead. quote, defense is no longer a sacred cow, says one analyst. and most expect to see flat to negative earnings growth. now, defense usually underperforms after a presidential election. but sequester is a whole new ball game. stocks have held up pretty well, but b of a merrill lynch believes that's

two companies from fed ex and from caterpillar.rpillar had dismal three-month sales numbers. really shocked a lot of people. fed ex, of course, had disappointing earnings situation, lower than expected international volume. now people are saying, see, we told you. here are who big companies who are saying it's not as big as everybody said. deere got a downgrade from wells fargo. i'll talk more about that in the 2:00. a little bit of good news on housing. keeps rolling along. lenore, 34% increase in building. >> we'll see you back in a few minutes. ty, we'll send it back up to you. >> thank you very much. bob just gave you a very clear shot at the market picture, so what's driving it? well, obviously three developing stories and we're going to cue you in on all of them right now. the fed, steve liesman is in washington. russia's financial overtures toward cyprus. steve is live in moscow and then there's cyprus and the impact there on the rest of europe and the globe. michelle caruso-cabrera has made the trek to that small island nat

have a university he says that you can't estimate with him you will catch up with the man with the caterpillar and i often use that with my students and they don't know when they think of a polite mean word but keep it on the tractor and so you can say you know it's demand starting a woman starting at thirty or a dish to catch up with someone who starts at seventy the study shows that where we live where we learn and where we work all seem to widen the wealth gap between whites and african-americans. to begin stuff like. this this we need to change and there's no better place to see the striking inequalities between race and wealth than the d.c. metro area

if the market rallies tomorrow morning, ignores oracle, ignores fedex, caterpillar and then reverses, that will be your classic blowoff top. but in the meantime, i'm buying tlt as a hedge. >> you are long s&p 500. >> i am long s&p 500 futures and expecting that last blowoff top, let's call it 1,576 and why i'm not short yet. i get kind of a free look. >> we're macro guys too. we're looking at a lot of signals. b.o.j. giving you a lot of signs. we were picking up places where we thought things were oversold, no better place than russia, we're going to talk about it later in the show, but in bombed out names, you can take advantage of the cyprus scare, which i think should be a scare but not in places, actually, like russia overdone. we were buying mbp, consumer based, these guys traded on the new york stock exchange. ways to play this here. >> and we had, of course, a bounce in wti as well as brent. you went to oil. >> i went to haliburton. you saw anadarko, one of the strongest stocks of the day. if you missed that, you look and say how else can i play this? well, haliburton is one of

. >>> and a clash of caterpillar. does the stock have what it takes?l settle the score in tonight's street fight. stay tuned. >>> let's get to courtney reagan with the very latest on the macy's/jcpenney trial. >> that's right. we have developments. it seems as if the judge ordered all sides to go into mediation, to try to settle this case. it's something that he's wanted all along for them to settle this case. earlier on, he said, i don't like to move the markets, but if i'm pushed up against the wall, i will kick. he said, it's better that you guys basically get together and figure this out. if i'm forced to make the decision, somebody is probably not going to be happy about it. if the parties cannot come together and come up with a solution, he will hear the case again on april 8th at 10:00 a.m. but until then, he's got a lot of other cases that he has to work through. also interesting, the judge said today in court that terry lundgren and martha stewart spoke after her testimony. that would be the first time that the two have talked since she told m

liz: caterpillar was the biggest point decliner today.that really sliced off what more gains we could have seen with the dow jones industrials. you say a pullback of 1.25% is buying opportunity? >> definitely a buying opportunity for caterpillar, boeing or cummins engine. i like all three of those. david: when do you think inflation does play a role in this economy? >> it is definitely going to play a role when unemployment start to drop. what you have to worry about is not the stock market too high. you don't have to worry about that you have to worry about is inflation and economy too high. you have a tug-of-war between the two items. david: we do have the tremendous. amount of cash the fed is pumping out. most banks have been holding it because they haven't been lending it out. there hasn't been a lot of demand for borrowing. once this money begins to churn through the economy, then, is it going to be katy-bar-the-door? or is the fed going to be able to control inflation? >> what you described is called the velocity of money. essential

that doesn't worry me as much as caterpillar.ecause the numbers are alarming that caterpillar reported. they do a three-month rolling number of their sales. their division was down 13% ending in february. asia pacific down 26%. what? the chinese new year was in january of last year as opposed to february of this year. i sympathy that's the reason for such a dramatic decline. people were simply away. it was a holiday. big problem is we're seeing construction sales decline a little bit. that's the main division as well and of course the mining division has been terrible for a couple of years now. sales peaked and have been sort of on the dropping side since then. that's one of the main reasons we're seeing caterpillar as more disappointing. we have great numbers in the housing market. new orders up 34%. again, same great numbers we have here. the stocks are all up. the problem is the eflgts. that's historically very high. hard to push these forward. all the good news is already in a lot of these stocks. i just talked about solar th

looking for caterpillar to bottom today.rillers, one of the weakest markets, he should buy those. things come down, people just want to buy them. >> do you agree with this 1% move on lululemon today? >> that it is up? no. i don't like lululemon. talk about bad execution. they've just been terrible. >> the ceo making some comments, disappointing time for all of us. still have to see where problem is. >> see where the problem is. >> they're still trying to figure that whole thing out with the too-sheer pants. we don't want to call out individual vendors until we have more information. >> doesn't want to trash the vendors. >> the too-see through swimwear that they had also. >> deal with the boundaries of the market. people want to want aerospace, they want to own retail. they are looking for entry points at oil at oil service here and at the same time, today tech is going to color everything because tech is hideous. tech is hideous. it's so wig for this economy. >> at least we have the ipo over our shoulder which happens to be

caterpillar and federal express are very large internationally exposed companies that are showing youational demand and growth is just not as strong as it used to be. not just the company's earnings, but if we look at manufacturing data in china and europe, it's much weaker. if you look at amgen making highs today, it's not a total bull market. >> speaking of bulls, i'm holding this thing for merrill, talking about caterpillar. global sales down 13% in the three months ended february. that that's not good. >> that's not good. you look at what's going on in china and what's the real story in china? the u.s. data seems to be getting better. some of the economic data in other parts of the world maybe not as good. i think there he's reason to have caution. when you look at the financiafi, when you look at what's going on in the big pharma names that's a sector that's moving higher. people feel some safety there. but not only safety they look at the valuations. that i love the yields they're getting there and i think there are names like merck that have underperformed the rest that can out

but one laggered in the down weighing on the markets is caterpillar.r of heavy machinery and equipment saying it's going to lay off about 1400 workers at one of the manufacturing facilities over in europe. in belgium in particular. caterpillar shares down on the day, down on the month and barely posittve on the year. this has been a winning stock for a long time and all those global growth concerns weighing on the stock right now. cheryl: thank you very much. we'll see you in 14 minutes from now. well, the fed is set to release the first round of bank stress test results later this week. could they be a big catalyst for bank stocks when that release hits the tape on thursday? you say that these names are under owned and last year, when we got the fed stress results, it was somewhat of a disaster for j.p.n. but you say it's different this year. >> we think so. there's a number of tailwinds for the grup right now. everyone is focused on residential housing. commercial real estate is a big boom for the growth right now and commercial and industrial growth

. >> show me the caterpillar one. >> he calls that the caterpillar. >> that's awesome.. >> you bet. >> what's your name? >> they calls me clydesdale. >> grandma playing the kazoo. kids when they laugh and doing stuff, they make you feel good. >> siena playing. >> she blows a kazoo and gets in a vocal solo. >> a butting kazoo superstar. >> good girl. >> nice job matching grandpa's pitch. she has an ear for music. >> eight months old and musically talented. >>> that little girl is lucy, and that is a family dog lamae. he never walked the dog before and for the first time ever they gave her the leash and she let it go and she realized why because she likes to see the dog run with the leash trailing behind it. >> a great laugh. >> it is that laugh made her mom's day. dad says mom has gone for a job interview for a teaching position and he didn't get it so to clear her mind they went for a family walk and those giggles made their day and they said anybody else that hears the ggles, hope is makes theirtoo. [ laughter ] >>> i guarantee you have never seen somebody beating thei

while caterpillar represents the best of manufacturing, in the dark days of 2009, c.a.t.raded as a financial company, and a weak one at that. because caterpillar's clients needed financing to purchase the company's equipment and c.a.t. itself had trouble giving them credit. and boy do you ever need credit when you're selling those big machines. so orders truly suffered. now, though, we're on the other side of the moon. c.a.t.'s balance sheet is rock solid, its orders are strong. but you know what? they aren't as strong as they could be later this year if china keeps improving as we heard from joy global, competitor to c.a.t. i think china will get better, caterpillar could easily head back to $116 where it was last year before we heard that china weakened. the story makes a ton of sense, don't look for c.a.t. to hold the dow back at these levels. next up, frank blank's home depot. that stock's responsible for the third biggest gain in the dow, rallying nearly 276% from the bottom or 320% with the dividends. blake reinvented home depot or brought it back to its roots. in f

in caterpillar which is up 286% you would be looking at $28,060 today. home depot, 2910. and american express up 513% you would have a stash worth more than $500. might we all be so lucky. with the dow up 9% this year even after it gained all of last year when the dow surges so smartly investors naturally want to know where the heck are we. near the beginning, middle or end of a bull market? bob pisani now with a history lesson on how the markets reacted following previous record high closings. >> reporter: so we finally made it, historic highs on the dow industrials. but now what? stock bulls are saying that this could be the start of a sustainable bull market that could last for several years. their main arguments first the fed is back stopping the economy through low rates. second, the economy is slowly improving. third earnings are at record highs. fourth, there's record cash on the sidelines both from individuals and from corporate america and finally with rates so low there's just no other place to put money right now. but there are plenty of headwinds that could pr

the laggers concentrated in the industrials, starting with caterpillar down 1.66%. after getting slammed by the china news, fewer houses clamping down the house history means fewer sales of caterpillar. natural resources, that one is down about 5%, and then we have joy global down about 4%. make it 3.21%. and look out below. another rough day, straddling the $90 per barrel price there. supplies at 17 year highs while demand is relatively anemic. okay, so we can all pretty much agree starting with the problems this morning although the u.s. market is balking at. late in the summer everybody was issuing over the troubles, when bill willis said china matters, not spain. let's go to the floor show. i want to start with ben. you were right then, you are right now, it is as worrisome as the market has reflected today? >> the united states equity market has put on a great show given the situation that is pretty severe in china. look at it, this is the chinese government manipulating their own marketplace, and it really goes to second homes and the likes. a pretty scary sto

china's economy may be slowing, but the brakes aren't being applied at caterpillar. the american heavy-equipment manufacturer announced it's opening its 24th factory in china, near shanghai. our cover story takes a look at a business still very bullish on china. the expansion in china means caterpillar, the world's largest maker of monster-sized earth-moving and mining equipment, continues its focus building infrastructure in developing countries. but there is competition from within. "china wants to make that equipment." "they want to sell those products in south america because they want their natural resources from south america, so they want to maintain a balance of trade." and the u.s. chamber of commerce says there's reason to believe china is still a good place for business investment. a survey of more than 400 u.s. companies in china found 73% profitable in 2012, though that's down from 78% in 2011 and 79% the year before. still, rising wages means more money in consumers' pockets. starbucks wants to nearly double the number of stores it has in china to 1500

the company has terrific partnerships, including one with cummings and another with caterpillar. we've been waiting for washington to embrace natural gas but i feel like it's pretty much a lost cause. as this fuel is just so much cheaper than anything oil-based. westport reported just last night the company missed the expectations, delivering a wider than expected loss, the stock jumped 89 cents or 3.15% today. westport is still around 20 points off its high, but the stock has rallied 12% since we last spoke to the ceo on november 12th. could 2013 be the year of the natural gas vehicles? could it be the year where westport gets closer to profitability? let's talk with david demers, the founder and ceo of westport innovations and find out more about the quarter and where the industry is headed. mr. demers, welcome back to "mad money." >> good to see you again, jim. >> all right, david, no doubt you heard the warren buffett comments. where is burlington northern, where is csx, where is union pacific in terms of the seriousness with which they're addressing locomotive engines for na

that's why caterpillar flashed so alarmingly.hat if it means that engineering construction projects are being scrapped, something that would be dreadful coming at the same time as the military spending would be crimped and city and state funding will be cut back by sequester? history said that bernanke is right to wait. this is coming with a backdrop of low inflation. there's no gun to the maestro's head. here's the bottom line. bernanke refused to release the fed bull from hell to slow down the economy with higher interest rates because there's no reason to do so. better just to stay the course with no repeat of 1937 and no inflation on the horizon. you should take your cue from the master and stay the course too. let's go to peter in new york. >> caller: how you doing? >> real good. >> caller: there's talk about the usa buying visa europe for $3 billion. if that's true, visa usa loses royalties and has to sell stocks or borrow money to acquire something they don't need. sounds like a lose/lose to me. >> i disagree. they have pl

. >> the democrats said we had a war on caterpillar and every media outlet talked about the war on caterpillarsave problems with caterpillars. >> even when life begins in that horrible situation of rape, it is something that god intended to happen. >> this is the latest plampg in the so-called war on women, entirely created by my colleagues across the the aisle for political and north dakota took the country for women rights. signing a bill for banning abortion at six weeks of pregnancy, before many women even know that they are pregnant. he also signed a bill meant to shut down the last remaining abortion clinic in the state. we don't need a gop autopsy. we don't need a csi unit to figure out whose fingerprints are all over this crime. republicans claim they are trying to reinvent their brand

>> or look at caterpillar today. the global economy is as strong as the stock market in general is suggesting, stocks like caterpillar should be soaring. copper should be soaring. it's not. so those are warning signs. but -- >> i don't think they're saying that the strength of the global economy. i think they're saying there is strength in different pockets of our economy. and our economy -- >> the s&p 500. >> yes, but we're shoving money into the equity market, but it's not a blanket anymore. it used to be up and down. >> well, that's not a great sign for the bull market. >> no, it's not a great sign. but i think you have a little more run in this market. it's going to be apparent. the only thing that sold this market off twice has been euro. >> right. >> in the last month, month and a half. whenever we've seen the market backtrack, what has it been? europe on both occasions. >> external. >> exactly. >> and italy over the next week trying to perform a government. >> right. ibm, disney, johnson johnson & johnson, we'

if you owned caterpillar, you are about to make some money.are just getting breaking news that they won a five-year contract worth up to $633 million to supply equipment to the military, to the pentagon specifically. no sequester there for caterpillar or shareholders. you can see the stock going up. congratulations if you own it. major news and entertainment industry. this one is all about money. the word is that one jimmy fallon replaces jay leno, there will be another big change. new york wants a piece of the action and is going all-out to woo the late night talk show host. what people are rme calling the jimmy fallon tax credit. josh, welcome to the show. the proposed budget, it says that there is a tax credit for a variety program that might be filmed before a studio audience of at least 200 people, having a budget of at least 300 million or run at least $10 million in capital expenses. well, that would be the "tonight show." >> no, they are talking about the "tonight show." there is no doubt in my mind. melissa: they are offering them a t

in february new home sales, given the caterpillar gave us a downbeat picture of its sales for february, many people are betting that the durable goods number could be a not-so-hot one, but autos, appliances, airplanes, they are all very strong, so i bet this figure plus a fabulous home sales number make us forget about cyprus. yes, by tuesday, i am telling you, we will be more worried about miley cyrus than we'll be about unsmiley cyprus! you know what i'm going to do on tuesday just to stick it to everybody? i'm going to recommend cyprus semiconductor, drive the point home. seriously. we forget how powerful the housing can be. and that will also be driven home by the release of tuesday of the 20-city index, gets a ton of ink, even if it is very late representing january's numbers. we know from listening to lenar and k.b. holmes that housing prices jump in january and february. i expect to announce it on "squawk on the street," which i co-host in case you didn't know that. wednesday we hear from a company -- when i first heard the name, i thought it would give a rival to recreational e

that's caterpillar and deere. at this moment, thumper's had better days.he classical cyclicals gravitate to homes. they are both positive for the u.s. it just doesn't happen in a day. these are different gravitations than those that are being sold. the first after a moment's hiatus is back once again, the flight to safety. soft goods and consumer goods, stocks like pepsico and kellogg and kraft, as well as various high-dividend pharmaceutical companies, many of which were up today. any time you think it's too late to buy these, the money flows back into them. they do well with a worldwide slowdown. i thought valuations were stretched more than the multiple will allow. but consider for a moment general mills. it's finishing a fabulous restructuring, it's beating earnings, it's innovating, able to raise price at the same time inflation is coming down. that allows the country to return bountiful amounts of cash to shareholders in dividends, buybacks or both. when the europeans say the template will be the cyprus disaster, that action forces money into the fir

take a look at caterpillar to blame possibly. caterpillar down 1.6% right

first the caterpillar. caterpillar losing 3% in the first quarter. that global story.know about caterpillar equipment especially china was a big problem there. alcoa losing 2% in the first quarter. so despite records we got, as you can see here, alcoa, three-month chart. exxonmobil did gain but not a big gain. only 4%. bank of america, 5%. unitedhealthcare group, 5%. so these are the names that kind of how they performed but these really are the stocks that we watched, nicole. obviously that you watch all of the time when you're on the floor of the new york stock exchange but again, that record high. hit it march fifth with the dow and hit it last night and second quarter begins monday. nicole: exciting for bulls out there. a lot of gainers that we've seen, like hewlett-packard and netflix, some that led the s&p 500 they have all stories that go behind them. even best buy that recovered. great with that. we'll see what the second quarter brinks. >> hpq, who knew, guys? ashley: will be hard to match the first quarter. cheryl, thanks so much. let's talk about some, food.

so caterpillar and pfizer and all the big tech names in the dow has been on the upside throughout mostthe day. china has been weak again. not just on follow over worries of cyprus but property rises have been a real issues in china. over the weekend, we got more property data. big increase in property prices. beijing went up 2% month over month. from one month to the next month. huge move. shanghai was up. that plays into the -- we've got to slow the markets down in china crowd who is arcing inplace is getting out of control. that's one of the reasons we're seeing voter countries weaker. copper plays into that whole china slowdown. >> absolutely. i think china is key. kenny is back with us, as well. you know, i'm i'm priszed with the market's resilience. a little bit worried about it, as well. we have the fed tomorrow. >> tomorrow and wednesday. i don't think you will get anything new out of the fed. if anything, i think you get more support out of fed in light of what's going on in europe. the cypriot banks are now closed in until thursday. >> the vote might not even be tomorrow. >> t

caterpillar was having a party in baghdad, iraq. this restaurant is on the tigris river.boat said he was suspicious when he went in because they were only allowing people on one at a time. then he said the windows burst from the water pressure. what you're seeing are people climbing out and escaping. >> i'm amazed at how many people are headed towards the door and not going out the broken window. >> some bodies have been recovered, some are still missing, and more than two dozen people were injured. >>> air bags in cars have been standard equipment for years. they saved millions of lives. now the heli company is making air bags for your body. look at this. >> kind of funny, i have to say. >> is kind of funny, but you saw how quickly that air bag deflated. you might be thinking what would i need this for? they made it for people riding their horses, jockeys. if you fell off, it would automatically deploy, protecting your back, head, neck. they are applying the same technology to motorcyclists and iheir jackets and even with this is not desi is designed fo skiing on firm sl

"sometimes i think i just want to take a knife to my ugly caterpillar throat and end it"? oh, my god, clarence! "leaf dead. "dead leaves. die, die. dead." i have no idea where this is going. "dead, die. "too sad to write. "perhaps it's time i took my transformation into my own hands." [ gasps ] oh, my god. oh... no!!! no, clarence! why?! why?! [ cheers and applause ] well, i found him, so you don't need to bother looking for him. clarence is with me now. george washington? [ cheers and applause ] ahoy! freedom will call us by our first names! what? that's a george washington quote. i don't know -- it's a private quote. kristen! we have some unfinished business. [ gasping ] man: ♪ we had the specialest times ♪ ♪ that anyone has ever had [ laughs ] ♪ we had the specialest times ♪ ♪ and i think i've fallen in love ♪ [ laughs ] woman: ♪ we had the specialest times ♪ ooh. ♪ and i think i'm falling in love ♪ ♪ give me your hand ♪ look in my eyes ♪ i need you, and i realize that ♪ ♪ we had the specialest times ♪ oh! uh, thank you so much! that's my show! good night! [ cheers and

caterpillar, they have a sober outlook. it's cheap relative to other metal balancending materials. it's a high flyer. i think it's interesting. >> you can be long u.s. and shot china and be okay given, the fact that they're concerned about inflation for the first time in a couple of years. >> how far does that get stretched is my question. >> i think these stocks are cheap but they might be value traps. i don't know if you're going to see in six months growth in a caterpillar. i'd rather stay in a u.s.-growth-focused sector like financials. >> i think you have to be stock specific. you have to look at what the valuation is on a stock and what's the growth rate. number one, goldman sachs. cheap, trading at somewhere around 10 pe bu look at revenue growth rate over the last year, 31% eps up at 200%, two other names, kroger and sig -- cigna. you have to model the valuation but then you want to see the turn in the sector. >> i'd be curious to get your opinion on airlines. >> cramer recommending them for the first time ever on his show, bill miller mentioning an airline today on his. pe

mike ron, nike, good ones with tiffany as well, but remember, mandy, oracle and, of course, caterpillar, of course, federal express. hard to get rid of those three earlier in the week. back to you. >> absolutely. by the way, you mentioned ak steel. we'll be talking about resources stocks later on in the show. >> well, to cyprus where things are starting to get real. cash is running low and tempers running hot and there's new concern that cash may not be the only thing in short supply. michelle caruso-cabrera is live in nicosia. are there rumors about things potentially about food supplies because suppliers aren't being paid? what are you hearing? >> reporter: well, we are hearing people concerned about whether or not within the next couple of days that perhaps we see shortages within the supermarkets because just like we're starting to see with gasoline, you have to pay in cash because suppliers are demanding cash, an if you're importing anything you have to pay everything up front. cash is in short supply because the banks aren't oh. you can do wire transfers. becoming increasingly dif

it still didn't erase the memory of earlier in the week when we had oracle, fedex, caterpillar. those are bellwether names and they really weighed on the markets. we had a lot of ipos this week. a little bit disappointment with marin software. priced at 14, opened at 19. my heavens, that was a big open. i'll tell you my rule here. any time an ipo opens at the top and ends at the bottom, i don't care what the price is, that's a little bit of disappointment overall here. let's talk about next week, though. ipos, pinnacle foods. this is a famous company, famous brand name, solaceick, birds eye, aunt je my ma. it's close enough. and s&p had its worst week all year. have a good weekend. >> bob, you too. see you next week. reading the signs to find out if this market is about to embark on a bumpy ride. that's next. the dow transportation average just pointed the worst week of 2013. what does that mean for the rally we've been seeing all year? just ahead, a debate on the so-called dow theory. >>> and then, online shoppers, beware. you may get slapped with a new internet tax being hande