caterpillar? >> i like caterpillar. >> i do too.to the upside. >> one to buy is clorox because -- >> because i am going to have them on next week. >> armour all, because of charcoal and bert's bees. >> and because it was down so much 1% organic growth. people think that sector is horrible clarks is isn't going to away. >> both quarterbacks are using under armour. >> i am going to give you one. it is so darn cold here. >> goose >> the goose is going higher. >> no. 3m. >> you are selling local. >> yes because the buyback is real. the kind of company that is not screaming. you get to lean, it is the best in show. and one other buy but not necessarily open on monday it is going to open on sunday. does anybody mind if i go out with a bang. how much do i love this team and how much does my wife wish i wouldn't go. if they lose, i don't know if i can may on monday. >> still been a great year. >> fantastic special minneapolis "mad money." thank you so much for having our viewer's backs defensive line go birds >> welcome to the shark tank, w

this week, caterpillar announced the release of a new smartphone.d such a thing. these devices are specifically aimed at the construction industry. but this one has a few interesting features. an upgrade to their flir thermal imaging camera, the addition of a laser beam for measuring how far away something is, or room size, and the stand out feature, a nose. yes, it can smell. or, more specifically, has an indoor air quality sensor which aims to alert users if there are high levels of volatile in paint, solvents and cleaning products. sound a bit niche? well, its creators don't think so. builders, plumbers, electricians, carpenters, farmers. these type of people kind of generally get overlooked by the everyday phone vendors. so what we are doing is understanding the technology that we can integrate into our products that really makes their lives better. and next week on the show, we'll be bringing you all of the latest news and releases from nwc in barcelona. it is all from the shortcut of click this week, the full link is up on iplayer. we live on

how about caterpillar or john deere -- >> oh, take the gun away from my head caterpillar, multiple your story, i will go for cat right here let's go to les in virginia. less >> may, jim, pay pal reported real good earnings last night but ebay indicated they're not going to use them anymore for processing and that's 13% of their business is this a good time to go ahead and sell or -- >> no, no, the trend line -- if you follow the trend line, it will be about 4% of their business dan schulman told me several times, we're ready if it ever happens, it's not going to start until 2020, finish 2023. what's surprising is the 40-point move the stock had before this. i think it's a solid buy ebay had a pretty good quarter, too. >> let go to glen in my home state of new jersey. i want to find out about insta med, any insight you can give me >> we're going done the food chain when we go into that one you know, this is so risky i just have been talking about these amazing tech stocks that sell at earnings and valuations that are right through the things that you go buy at the supermarket. why do we

earth movers for instance that's a good data point for caterpillar to stock. >> i think clearly caterpillarleader in this business we have a strategic alliance with them. so they are represented extremely well in our auction. but we are a brand neutral company. that's what our customers love we are switzerland we represent different brands. >> in other words, he doesn't want to be specific, melissa. >> no, i'm not trying to be -- that's the whole thing we represent -- we have brands for everyone different categories but definitely caterpillar is the one that we have the most equipment of in this auction. >> who do you buy equipment from and from what parts -- regionally which parts of the country are sellers to you and which parts of the country are buyers from you? >> so, tyler, i hope i got your name right. >> you did thank you. >> we source equipment -- you know, richie brothers as an auction company connects globally buyers and sellers. >> mm-hmm. >> our sellers are consigners from around the world. for this auction inparticular it's all over the united states. >> mm-hmm. >> they consig

you can see caterpillar leading the dow higher right now.rt, cisco, coca-cola, all in positive territory. as well as apple which is up a buck 30. we'll have more on the markets right here after this. fidelity, where smarter investors will always be. trish: we are waiting on the white house, the press briefing will begin momentarily. we want to go to that to see what sarah huckabee sanders, or her replacement will say about intel briefings we heard on capitol hill. meanwhile we have a market, darn it, it is giving back those losses. we're just up 14 right now. hanging on for dear life. charlie gasparino joins us right now. >> i'm the kiss of death. trish: i started out the hour up nearly a 100. here we are. >> market is trying to figure out -- donald trump said, not a lot that was interesting with that briefing that ran before about trade. a lot of it was just garbage. one thing he was called to the carpet by somebody from missouri, remember if you impose these tariffs on them, meaning these foreign countries, they will impose tariffs on us.

bow and his team of forest rangers have been fighting to protect feed this line here there was a caterpillar that was trying to come in all the way and we stopped it at that point or people but then it's like going to me is fire fighting. move then after one two month the attempt again this is how the his looked historically and that is how they should be preserved for many reasons and we. help protect this forest is going to come down one day and that's what happened that we have been warning about this landslide all potential for something like big discussed like that for the last say ten fifteen years. for the collapse of the sugarloaf was triggered by rampant deforestation and illegal building. for over a decade he warned the government of the damage being done to the hills around free time he took his message to local radio and television and even planted trees in the area. in the last three times a documentary produced a decade ago appeared alongside local architects and urban planners calling on the government to control unplanned building and environmental damage around the city. wit

a rebnd in boeing and caterpillar. that means investors believe the global growth story is intact. the federal reserve bolstered itthat sentiment w a report saying the jobs market continues to strengthen, hourly wages are growing moderately and inflation should hit their 2% target next week. joer poll will be testifying in front of congress next week. despite all the drama the s&p 500 ended the week just up fractionally. bob pisani y at the nk stock exchange. >>> in washington, the white house unveiled what it called the largest ever set of sanctions on north korea. now, the move is an attempt to further isolate the regime so that it feels pressure to give up its nuclear missile program. >> today's actions will signatureti conally hinder north korea's ability to conduct evasive maritime activities that slits toll and fuel transports and limit the regime's ability to ship goods through international waters. >> amp president t today warned of what he called phase two if these sanctions don't work. >>> well, two major insurers are joining the list of companies cutting business ties wi

. > reporter: caterpillar, ford, harley davidson and sherwin williams are a few of the manufacturers grappling with a tighter labor market. after years of concern that stagnant wages and cheap s commoditould trigger inflation the recent increases may welcome since som inflation is good thing. the risk is if it rises too ast. >> oks like it's accelerating. at the very least, aum those fee mem who talked and warned about the worries of deflation, all of those ideas about deflation in the middle of last year, forget about it. 's gone. inflation is headed back to the 2% target. >> reporter: one area to watch, tensportation. ecially for freight. the price to move goo by truck has spiked, in some cases by more than 30% over the past year. a better economy, a diver shortage, new regulations are all to blame. but those aren't expected to let up any time soon.le whi that's good news for , truckersit's bad news for companies like tyson, which now predicts higher meat price this is hayear. pe the biggest signal it's merging lies in telecom. sprintobnd t-le are considering moves the dial back di

plus, details on a high tech phone from caterpillar. the way you move. ♪ i love the way, i love the way. ♪ i love the way you move. 1, 2, 3, push! easy! easy! easy! (horn honking) alright! alright! we've all got places to go! we've all got places to go! washington crossing the delaware turnpike? surprising. what's not surprising? how much money sean saved by switching to geico. big man with a horn. fifteen minutes could save you fifteen percent or more. >> maria: welcome back. now this, a sneaky tactic used by russian hackers to try to persuade voterses on facebook. cheryl casone has details. >> cheryl: a big loophole in facebook allowed russian hackers to spread fake news ahead of the 2016 election by using doctored photos. last week's indictment cited the secured borders facebook page as an example of how russians invented fake personas to rile up americans. the facebook groups were known to distort images. some photos replaced texts with more offensive messages. while tech companies have mechanism in place to catch hackers, doctored

obviously, energy hurt you saw caterpillar worst in the dow.eople took away potential for infrastructure to come along after -- i think in general, maybe some month end going on today you can't attribute to just that. market's in an unusual spot where the overarching top concerns are maybe the economy's going to overheat, fed would be aggressive, and inflation would be too much for comfort. at the same time, the short term economic reports come in soft. >> right >> so you have the economic surprise index rolling over at the same time people don't know if they should be positioned for slower back. >> good point. a speedup scare or slowdown scare? what's beginning on here >> a slow down scare especially in sectors like real estate if you see interest rates are rising faster than expected this year, that impacts the domestic real estate market >> that's the funny thing. if interest rates rise, that's a speedup scare, right your sector is hit because, you know, for real estate, that's what you talk about, what's happening with the economy can we ba

like boeing, we have said this some time this stock should not move 3.5 day in and day out and caterpillarafter they reported a great number, great number, lousy price action to a large extent boeing had similar. all beats. it moved up. but the stock moved off of its highs as well. good news, bad price action, that you haven't seen in a very long time. >> for me it's different dip buyers and/or a different mindset. before when you were buying the dip, it wasn't going to be that great. now, you are going to have to say to yourself -- >> are you buying the dip. >> i'm going to look for exactly what he said a day where you open up down 200. reverse and close on the highs that's the day that i buy. >> you said the backdrop was different this time. it was if you look at the s&p we were 7% above the 50 day, or 9% above the 100. and 8 or 9% above the 200. that was extended. now we are around 178 or 2%. now it's back sort -- >> you could have had emerging markets that were as overbought as they were in 2004 i probably said that the problem right now is there is not an asset class that looks as goo

not enough of those stocks to go around companies like caterpillar and boeing benefit from shortage and demand just two metaphors for much larger groups. a combination leading to rising earning benefits especially not when we have a weak dollar and a booming global econ a econ -- economy. electric cars, the way retails work, the shear number of companies caught up in this web. yes, absolutely, facebook, apple, netflix more often lately, well, those particularly stocks are taking a back seat to other kinds of tech, cloud based tech later on the huge tax cuts you end up with tax cuts sharp earnings remember, he goes to the hill tomorrow i expect good things now here is the tricky part. all of these, different factors were true before the break down but started one month ago. they were also true at the bottom and still true now. any bull markets have none believers who think it is too high the newfound volatility is taking a toll on the psyche of many investors the vix begins to spike, and i don't think we have heard the last of that trade wags the dog with that flea bitten tale. that is w

steel, sa caterpillar up. and marathon and hess. and pioneer. have strong sessions.ow much the big back-to-back sessions will headline seeings the explosion of angst from last week. much has been made about record number of money last week, part of a hundred that came in. the statement observers have taken to calling names, that market no place for them. it is insulting and really wrong, because there is always a larger narrative. shake out of so-called dumb money reflects a greater war where elites' certain privileges to themselves, especially owning and controls the stock market. first, let me say this is say fact that everyone that has every thought stock market was out of their reach to know, you are in the stock market, moment you wake up, hit the snooze button, time you put on your jogging sneakers, first cup of coffee, hop in car. you are knee deep into stock market. each year forbes released list of the richest americans. they all have in common, they have a stock ownership as key source of their wealth, they didn't dump their stock because hoursly wages edge

>> caterpillar you got europe up 31%, not acceleration, latin america, 49%.orth america, flat 20 plus 23 why this matters last time these numbers came out, caterpillar zoomed to its high in january '16. watch the stocks because these are good numbers will it go back to the highs or n >> i want a wall street journal story from last night. >> oh, i am so glad you did that i am going to bring it up. i have no reporting at all to offer on this as i pointed out many times, sometimes it seems that the bars come down for what constitutes in what -- companies talk all the time. here is what the journalists had to say walgreens of a potential deal and there is no offer on the table and they say the deal may not materialize. all the analysts are telling us what we are thinking you can see amerisource bergen is up. >> do we know where walgreens is purchasing >> you got a lot of analysts out, of course, saying it could drive as much as 55 cents to walgree walgreens' adjusty biggest risk is retaining customer base. they distribute a lot of stuff the to a lot of pharmacies

if it gets hammered again, it will be worth buying nvidia is king and intel is bishop caterpillar has become a momentum stock when you hear people say the market is too high and it went too high too fast, cat has become exhibit a stock was 62 years ago and now it is 149. sounds like no man's land. fifth is exxon unlike chevron, exxon didn't go to ridiculously low levels i think you have to be discipline on this one you have to just say no and even though exon wasn't as high as chevron, it can be lower number six is j and j. the actual best earnings genera generator is abbvie. th of all the stocks pfizer is least interest of me it makes a game changing acquisition to boost the growth rate while i am at it, merck doesn't interest me either 3.5% yield how about 3m tough. i think the world of the company but the stock got too high versus where i would like to buy it but with that said, i sat down with a rare interview, i think there is too much new product here to ignore maybe get more as it gets lower, you will agree with me after the interview and finely apple down from 180 falling to t

walmart, caterpillar, jp morgan are leading the dow. united tech and home depot are your laggards.e of your top movers, under armour, amerisource is up. blue apron jumping on strong earnings, but it's off the highs of the session brian. >> all right, for more on what has been driving the recent volatility and rapid recoveries, let's bring in mike santoli and bob pisani on the floor of the new york stock exchange. guys, i don't know how you feel about this, mike it feels like every day we sort of peel back a layer of the onion a little bit people have conspiracy theories. now you have this alleged, alleged vix manipulation concept, which the cboe denies do you see it getting more complicated or cleansing itself out? >> i don't know if it's more complicated. i do think that most traders, most investors, have a sense of just not being clear if a lot of that activity, a lot of that noise has been cleared away yet. what's interesting, it's this little quiet rally we had in the last hour. it's almost as if bidders were holding back and saying, look, if this is calm for three hours, if no

he settled out on several different stocks and ups and caterpillar and you see all those stocks a lotle are trying to look at bottoms and talk about whether these are tradeable balances the dow is at the highest of the day at 350 points. >> again, not a lot of volume. >> that's a great report by bob. >> i like some of those industrials. i just think they have to settle down and the vix have to settle down >> lets get to rick santelli >> good morning david. they're all up a little bit in yields off their highest yields of the day except for the 30-yr bond it is down two bases point you look at the one we chart there, we continue to nudge over the passes of the 3% this time, just shy of 290. literally 289 in change. looking at bund, they're really firm i guess if there is a lesson to be learned here. there was a time after the '87 crash where everyone was well into the notion that the best tech for falling economic market is buying treasuries and sovereigns, it is not so true these days for a variety of reasons and the toughness of these high yield ranges is evidence of that if you look

that yourself you're not dependent on the earth's gravity heavyweights me nothing you don't need a caterpillar truck to move a work you can do it in two brushstrokes but once you've understood this image of the canvas then everything is possible including painting things upside down and in principle everything's abstract painting is abstract then you have all sorts of attempts to transfer this to something representation of like it to stand for us in english that's it and they're also attempts to transfer it into something totally abstract abstract it's a transport in the script is out for me the question of abstract or not abstract simply doesn't arise out. of tin cup pictures painted upside down have remained basil its trademark admittedly one that's worn a little thin it's mom of it is and in the foster life it's easy to overlook in the face of this upside down painting that this isn't why he's a great artist it's just that he's a virtue of his own painter and sometimes the idea is overvalued relative to the fact that the picture is a great work of art that it. doesn't it's has not yet foun

caterpillar and mcdonald's are doing away with cheeseburger unhappy mail. they are one of the letters on the dow. nothing runs like a deer. they are upgrading today and reporting 27% growth in sales in the first quarter. pretty impressive. they are among the leader on the s&p 500, up nearly four dollars at 170. coming up next, the signs were certainly there but nobody stopped florida team nikolas cruz from killing 17 high school students and teachers. our next guest tells us how we can do a better job of stopping the next would be murderer from pulling the trigger. countdown is coming right back. you can't predict the market, but through good times and bad at t. rowe price we've helped our investors stay confident for over 80 years. call us or your advisor. t. rowe price. invest with confidence. as we are speaking, the president is leaving the white house headed toward the helicopter, marine one row he will head to andrews air force base and off to florida pet he suggested yesterday that he may visit parkland florida where the shooting happened this week. h

ge, caterpillar, proctor & gamble, you can see big selling there. exxon, oil, right?ekly oil inventory report. we saw a build. that weighed on energy, the vix jumping over to the s&p 500. we break through some support levels. sometimes you have program selling. this is just a new kind of market we are in. many of us in here a long time used to volatility. rebalancing here today. you will see heavier volume. frontier communications. chesapeake energy which is down 7.8%. so you are seeing big movers here. just like yesterday, we're finishing near the session lows. that is not good news for the bulls. you have to shake it out. melissa: we can't ignore the energy sector, with the worst session in six 1/2 years. you just mentioned, you just mentioned, nicole, specifically rebalancing. that is called window-dressing on wall street. peter kenny is here. he is pointing to that. you're over at markets advisory group. global markets advisory group. tell me what is going on last ten minutes of every day, whether jumping to the upside or the downside. >> it is repositioning, trad

caterpillar and u.s. steel are gaining ground and you have the stimulus from the tax cut plan. have 3 1/2 million workers from more than 300 companies giving out bonuses. the latest from a texas-based company. the biggest bonus we've seen yet. some workers are getting $4,000. so all that is considered stimulus, jon. >> jon: talking about real money there. lauren, thank you. >> melissa: new details on the russian plane crash that killed 71 people. search and rescue teams finding the flight's data recorders. what new information that can shed light on the terrible tragedy. israel sending a warning to iran. why its presence in syria has benjamin netanyahu doing whatever it takes to protect his country. oh, sorry i'm late, sir. i had a doctor's appointment. when you said you were at the doctor, but your shirt says you were at a steakhouse... that's when you know it's half-washed. now from downy fabric conditioner comes downy odor protect with 24-hour odor protection. downy's powerful formula conditions fibers to lock out odors all day. hey, your shirt's making me hungry. ha ha, der

if we look at caterpillar and u.s.eals, healthy gains here after president trump did finally revealed his infrastructure plan, a 53 page how $1.5that details trillion will be invested in bridges, airports, roads, and other plays on infrastructure. nejra: thanks so much, abigail. markets remain on shaky ground even though we are seeing this rebound in europe following last week's tumultuous move in equities. joining us now is mark gilbert, call this for bloomberg gadfly. -- columnist for "bloomberg gadfly." if you actually strip out what happens in january, how bad is this actually looked? down 1.3% or one point 5% on the u.s. major stock markets and the nasdaq is actually up for the year. similar for europe, if you took away january, you have been asleep all the way through january and will not be worried about this. it actually surged in january. it is kind of oversold. it actually went through that in janeway, but if you take away january again, looking ok. we are back sort of that neutral levels. nejra: it is one of

boeing, united technology, caterpillar, 3m, all throughout the day.enerally been outperforming the market >> here's something i can suggest to that have had an impact on the market yesterday financials were the leader typically when rates are going up real estate was the big laggard, which is counter to the interest rate market. today real estate's the big leader and financials are the big laggard. >> you can argue the lack of the big move in the ten-year is helping support the real estate trusts, which have been beaten up badly, as well as utilities beaten up badly. the swing there is not that great, compared to what we're used to. >> i agree. >> even yesterday we had four basis point in the ten-year and everybody blamed that. >> we get earnings after the bell with the two companies that used tomake up hewlett-packard. they'll be reporting after the bell then a couple of food companies, red robin and wingstop. >> i think the important thing about earnings is we'll have the best earnings in at least six years. we may get 15.5 to 16% earnings growth fo

caterpillar -- cisco up half a percent, caterpillar down 2% that's for the session today but that was on the s&p leading the way was csra after acquisition by general dynamics biogen was the big loser what a week it's been, mike. as much as -- as many s superlatives about the selloff, we could have the same with the dow and s&p 500 -- >> i would say almost as many, mostly because the market had every reason to stay skiddish. i think today what you did see is it's a little winded after this kind of straight-up move over five days the volatility index has stayed elevated you can't lose sight of the fact there's a little oversensitive there. we're up at a logical level for this little bit of a rally i still think the whole process, the drop and the comeback are part of the market trying to figure out the proper value to put on current conditions. it's not just about, you know, the shock of the volatility selling funds and also not just about interest rates it's about the whole package. >> interest rates had a big piece lately i wanted to ask you about this, mr. famous tpt - >> it's come

if you look at a price basis, united health shaving the most points, then 3m and home depot and caterpillar. they are in the mode of take points off the dow looking at the s&p 500, about 75 stocks have fallen by at least 10%, just since january 26th some people will call it correction territory we'll say they have fallen by that amount in that amount of time you look at the s&p 500, the energy trade playing out hess and chesapeake energy some big decliners. metlife and tractor supply also in the mix if we look at how the stock markets are shaping up in the u.s., one thing to keep in mind, we mentioned that 75 stocks in the s&p have fallen by 10% since the 26th ryan dietrich notes we have gone 404 days without a 5% pullback from record highs. that streak was broken yesterday as well. >> while we have been talking, futures now down 570 points or so on the dow. 572 or so. the nasdaq down 52 s&p 42 the course of the overnight action has been one of recovery in european markets. in the last 15 minutes things are picking up again if we look back at european markets, germany down 2.5%. ftse 100 do

look at the orders for caterpillar equipment. we've gone from survival mode to growth mode. >> neil: and the data is good, the psychology is poor. even here we can say the data is good. the earnings are good. the economic string of events are good. >> all good. >> neil: but the psychology is better than when he made that statement this morning. it doesn't mean that we're over this sort of antsy psychology. >> my father is a psychologist. i'm licensed to talk about this subject. it's important to have the right frame of mind. we saw a six-day sell-off straight down from all--time highs. that needed to be done with electronic trading, you talked about the trading, the fall will occur at a faster rate. the profit-taking plunge is what it was. it will happen at a faster rate as opposed to over a period of weeks than it used to happen before this electronic markets. you have to stick to your plan. discipline remains the key. i'm still very positive. you talked about the earnings growth. the growth is 13% for this quarter. stocks are d

falling out of the trees now some kind of maybe early spring thing because i saw insects including a caterpillaroff by warm weather. what a gorgeous day. you don't need sunshine. sun's not out but birds are and you will get bird from his geese, ducks, to wood peckers and things i never heard before, i thought, they can join me for a second and rare species of bird that had not seen. a lot of people are out here today enjoying this nice, two day spring-break, and what better place to enjoy it. you can see why, people voted this as the best location around philadelphia, because it is long, it is you can probably come here 100 days in a row and not see the same thing twice depending on your view. there is a lot of history here lou at these rock formations on the sides of the banks and wand shore put those rocks in and what year did they do that even park benches look like they are over a hundred years old. even this bridgette looks like it is cobblestone. this is something you would see in olde city like how did they make a cobblestone bridge over water, how does it hold itself up. who knows. we di

the boeing and caterpillar did very well. united health, big price stock, also did well.mes generally your p&gs, coca-cola, were underperforming the market. i mentioned this searching for the bottom since friday a week ago, no letup in the intraday volume or volatility we've seen these sudden volume surges on nothing. this is the deleveraging process. people betting volatility would remain low, stocks would keep going up they reverse their positions they had to go long volatility let's see how we start on monday but a good sign. for the week, dom went through a lot of the movements s&p 500 was high on monday, 2766, believe it or not. the low was today, 2532. we moved in a stunning range s&p is ten times the dow we don't move ten times the dow, 230 points, in ages sometimes. and we moved the s&p 500 this is going to go down in the history books and be part of my personal memoirs back to you. >> our bob pisani. let's move to the nasdaq with bertha coombs. >> you stole my line on bob's memoirs. the chip stocks have been what i've been watching all week. today it looked like

liz: you like caterpillar, ups, eqt. give me a sense orrery, from oppenheimer what you see.ince is calming down. is this a one-day thing? >> this is taking a step back. market come a lot over past week. they are still above the 200-day moving average. we've seen some stabilization there and we've seen it with signs of lessening downside intensity. i'm very encouraged that the vix is showing signs of making that lower high, showing that sellers are losing their cool here or losing downside intensity. i think the long-term uptrend does continue. i think this is a terrific opportunity to be buying stocks. uptrend still intact here. liz: you both see at least opportunity. not too much fear. sam, we're up against the closing bell. dennis gartman says volume is showing. more selling when we start to see moves here and it is nerve-wracking to him. are you worried about the trade volume? >> i think investors are worried. they're wondering whether because we went 564 days a record since world war ii, without a 5% decline. [closing bell rings] market climbing a wall of worrying. liz:

and finally caterpillar, that is last year's big dow winner, the strongest stock on the dow last year, up additional 2%, 4% now as well. but the big story all day, that is because we see crude up about 2% at 62.77 a barrel, energy doing really well. look at chesapeake here, 20% gain in the stock. why, they had a great earnings report. the important thing they said here, the production isn't continuing to rise without additional spending. that is key for investors. they love that others playing into the trend. southwestern energy and baker hughes, general electric, announcing they will not spin two thirds of that company they don't own. that will help both of stocks. treasurys, coming in at 2.928 yield, call it 2.93. that is good news for investors down here. they're keeping an incredible watch on that. 2:45, talking for two minutes, trish, back to you. trish: it will be interesting hour. gerri, keep checking in. joining meed tore and publisher of the gartman letter, dennis gartman. you've been optimistic about this market. are you changing your tune with the rally like today? >> not r

names like utx, even ge having a good day >> ge up almost 4% right now caterpillar as well.cals in general energy rocketing higher, that sector and the s&p up 2.5% crude breaking above 62 bucks a barrel >> good thing kylie jenner didn't have anything bad to say about the industrials. snap on the other hand still down, almost 8% at this hour just not getting better. it's getting a little better for roku, off the lows but still down 15 1/2. >> a slow erosion for snap for the day, now down, as you say, almost 7 1/4 collateral damage, twitter down more than 2% viewers ask if kiley has a newsletter the response is, if she does, she's got 20 million subscribers. >> she's got a makeup line, make the investors can put lipstick on it. >> let's get to the judge and "the half. >>> welcome back to "the halftime report," i'm scott wapner fed fears. why one firm says five rate hikes could be in the cards this year what that would mean to your money, even as stocks resume their rally to highs as we speak. joe terranova, pete in addition jarria jarrian. stocks are higher this hour, dow jone

>> walmart, caterpillar, these are some of the dow leaders. we started off in the red. we were down about 180 points but the volatility is becoming more narrow. we're not seeing the 500 point swings or 1000 point swings. traders telling me they were bouncing off the lows. we started seeing higher lows. they couldn't break them down. the sellers weren't there. they turned around during president trump's meeting that was televised today. the markets completely turned around led by financials. that was one group particularly good news. three days in a row for the dow jones industrial average, to about 780 points in those three days. taking a look at 10-year bond. came off the 2.9% level, but we'll be watching for cpi tomorrow. retail sales and seems investors are bracing inflationary environment with higher rates. we'll watch for that. 2.83%. i mentioned financials. let's take a look. traders looking at moving averages to make sure financials were holding on. that helps things along. wells fargo, goldman sachs, citigroup, with all up arrows. take a peek at the dow winners

with more jobs opening up, in a newly-quired former caterpillar assembly plant, for example to createure exhibits finally, there's the gift shop, featuring predtable items, and not-so-predictable, like the experience tube. john feins, meow wolf's marketing director. >> it is a chance for people too actually talach other, the original social media, no distractions, no cell phones, just t people. >> reporter: add up all the revenues, says the c.e.o., and... >> we've discovered a business model that is 50-60% net profit. >> reporter: if you take in 10 million, you're earning. >> five to six, on top of it. after all expenses. >> reporter: so who's the lucky investor who get the payoff? >> we arwithholding our profits, we are reinvesting em, so that we can build something like this three or four times the size in major cities around the country. >> reporter: so i put the question to a pair of visiting out-of-towners. would it work in san diego? >> i think it would. >> reporter: and athens? >> i think it would work in athens. yes, or atlanta, yes, i think. >> reporter: and while meow wolf n

in the portfolio included long positions in mylan and council energy and largest detractors were caterpillarletter which has been circling for a few days now is the continuation of the firm's warning of a potential crash on the horizon. the firm led by paul singer has been pointing to debt levels, the growth in passive investing, low interest rates and the confidence in volatility selling strategies as signals of risk. now, singer has been beating this drum for years, and so far a large-scale crash has not materialized but as history has shown, there is a good chance one day singer will be right. >> i would like to ask the panel, because i think this is pretty interesting a reversion is coming. growth versus value. do we believe that >> he's going to have to see amazon and netflix i mean, is he still short the bubble basket? >> he didn't mention it on today's call but as of his most recent letter, he is still short the bubble basket. >> so you would need to see amazon and netflix fall significantly. listen, back to the conversation that we just had with tony i think we were all searching for

if you think about the names caterpillar, boeing, visa, stocks that have had astronomical moves and to a certain extent look like the market we are going to look at a few names. it is a little bit of dumpster diving but i think the risk profile is lower than the high moment up stocks this is a chart of ibm going back to 1998 it has been a dog in the 20 0s a big bear market. and now it's trying the bottom up this 140, $145 range becomes an interesting area to look like it doesn't look like the market. it is not a crowded momentum trade. what's the concern here? relative performance is very, very weak. i tell us the institutional managers haven't come back to the stock. i want to see that improve but i think from a price profile and from a risk, air pocket standpoint it is reasonable risk/reward for long term investors. not for traders. chevron. energy market has been trying to put in a bottom since 2015 we are seeing higher lows and higher highs enkremtally starting to improve. again it is a profile that doesn't look like the broader market you can draw this rough trench channel. chevro

caterpillar 8.5 points. apple was one of the few in the green a short time ago about 500 points ago. now even apple is often $1.85. you can see in the big picture, all 30 of the dow industrials are in the negative on the session. >> let me make a point here that is important. you would expect banks in a rising rate environment of higher inflation to do well. because that's good news for their bottom lines. you're not seeing that today. that's really interesting that companies like goldman sachs, j.p. morgan chase, all of the citi group, the big banks now struggling here. you can see visa down. all of these companies struggling now as we start to contemplate what is a world with inflation. we don't know. let me tell you, there's lots of traders that have never seen this. who have no familiarity with inflation or even with incredible economic growth. let's face it. the story in the markets has been that the federal reserve is what makes this economy go, right? they just keep interest rates super low and that a

it could mean you look at different sectors you look at things like companies like caterpillar tractor that would benefit from infrastructure spending, maybe avoid those companies where dividends play a large part in returns, but look, inflation so far let's face it. we see one pick up in wages, capacity out ill specialization the economy is only about 80% it's not anywhere near stressful david: so there's huge room to grow. >> yeah, there is. david: adam what about you? let me ask you personally are you changing your own portfolio your retirement portfolio? >> no, not in the least and so i think the very first thing that liz said a moment ago was the true its thing which is that the economy is doing well and that story hasn't changed in the last two or three weeks certainly not in the last 10 days. the only thing that people should do especially with regard to the retirement savings is always know about where, how they want that allocated stocks versus bonds versus long term or short-term and they should adjust when the market adjusts, not because they want to make a call, because mos

it's the caterpillars, boeings that have very stretched valuations and that's where you have a lot more air. >> michael and james, thank you. >>> some investment firms reported they were suffering outages as the markets plunged today. leslie picker, tell us more. >> t. row price writing in a tweet today we sincerely regret the website outage there were outages among a variety of investment firms. they haven't confirmed those outages like t.rowe has. dow jones reported that customers were unable to log into their vanguard accounts so obviously a byproduct of some of the selling that we're seeing today. back over to you >> thank you, lessee we're done here on closing bell but we're not done today there's a special tonight on today's market turmoil there you have it. 7:00 p.m. eastern. stay tuned "fast money" begins right now. >>> today was one of the most incredible days in stock market history and a very bad day for most investors we lost a lot of value the dow posting its biggest point drop in history. at one point the dow was down nearly 1600 points and entering a correction it came ba

this week, caterpillar announced the release of a new smartphone.nd out feature, a nose — yes, it can smell. or, more specifically, has an indoor air quality sensor which aims to alert users if there are high levels of volatile organic compounds — or vocs — in the air, something commonly found in paint, solvents and cleaning products. sound a bit niche? well, its creators don't think so. builders, plumbers, electricians, carpenters, farmers. these type of people kind of generally get overlooked by the everyday phone vendors. and so what we are doing is understanding the technology that we can integrate into our products that really makes their lives better. and next week on the show, we'll be bringing you all of the latest news and releases from nwc in barcelona. that is all from the shortcut of click this week, the full episode is up on iplayer. don't forget, we live on twitter @bbcclick and on facebook, too. thanks for watching and we will see you soon. hello, this is breakfast with rachel burden and jon kay.