or caterpillar and deere will be the places to be for all of the reasons that all of us have just put forth on the table? >> i think that's really tough to say because the question is does apple, the company do better than caterpillar or deere or does apple the stock do better and apple the stock has some features about it that put it in a position to be competitive with almost any stock on the market and it's counterintuitive because you would say it's a $2 trillion market cap, how much can it go up the buyback is a big factor in why apple can have a really good year as a stock even as the business has tougher comps i think we all agree a lot of people were buying electronics last year that they don't necessarily need to replace this year that being said we're also in a phone cycle. i'm in apple, even though they wouldn't have a great year, i would be in it because i'm an investor and i've always been in it the entire way up, but i do think there is a story where the caterpillar names continue to recover and apple still managed to put up a competitive return on the stock >> so we cou

what's expensive is caterpillar. i'd rather take a look at a docusign down 23 than a katrina up 100 that's where i am. >> it's a very interesting take and it's really where i wanted to go, jim so we're saying cathie wood gave us the go-ahead to buy the dip because that's what you're suggesting when you look at the stocks that make up her portfolios, her etfs which are so closely followed. she's got $60 billion of aum now. money's been flooding in there you said roku's down 11% week to date square, 13 teledoc 13, zillow, crisper, and shopify. all of these are tried and true names and it's okay now to buy them >> she's been dumping zillow and roku, tencent, yeah. i think it is okay you have to start somewhere and i know there's a terrific note and katie, you're saying apple is full boat it's ig. the stock's been down a lot and i've been waiting for those moments and you can't say it has to come down more. there's been a nice reversal today. i saw toll brothers and i saw the conference call and people were taking the cu

tent caterpillars are a constant threat in all timber tracts. they would eat the foliage and destroy the trees if left alone. but north or south east or west wherever the conservation corps is in the woods insect. pest control is definitely on its schedule. and the fuzzy worms are getting a fine run for their lives in union county. the boys hunt them high and low in the job they do in these park forests is thorough possibly you've killed tent caterpillars by burning them with oil soaked rags on the end of a long pole in forest. it's safer to feed them to bonfires on the ground. south mountain reservation in the essex county park system nearly oranges is in the backyard of one of the most particularly populated sections of the state. there are 2,500 acres much of it heavily timbered. under expert supervision conservation corps workers are cleaning up the woods where they needed for a fire protection. the reservation has long been interlaced with fine roads bridle paths and trails. under bush clearing and roadside planting are important improvemen

caterpillars are constant threat, they would eat the foliage and destroy the trees if left alone.orth or south, east or west, wherever there are woods, insect control is on the schedule. the boys hunt them high and low in the job they do in these parts are thorough. possibly you have killed caterpillars by burning them with oil soaked rags at the end of a long pole. it is safer to leave them to bonfires in the ground. -- on the ground. south mountain reservation in the county park system is in the backyard of one of the most deeply populated areas of the state. there are 2500 acres, under expert supervision, conservation workers the reservation has long been interlaced with fine roads , bridle paths and trails. under bush clearing and roadside planting are important improvement projects here. the berlin area of the camden county park system, just across the delaware river from philadelphia, is another of new jersey's splendid close in recreational spots. it draws thousands of visitors from two states to see its refined beauty. rustic bridges across streams , lagoons, and lakes in

but in turn, you've got dow giants from diss to caterpillar -- disney to caterpillar rocking market highs. bitcoin is jumping back above $50,000 a coin, at least it was earlier. we see it trading right now slightly below at $49,000 a coin after square ceo jack dorsey announced -- square, the payments company -- had purchased $170 million worth of the cryptocurrency, adding to the $50 million worth of bitcoin it had bought in october. square joins the fast-growing number of companies, we've talked about this, tesla, paypal or agreeing to accept the crypto. this is a new one, micro strategy, a business intelligence company, announced today it bought another one billion worth bringing its holdings to nearly four and a half billion. tesla's in for one and a half billion. and then you've got lohli, zappos, etsy a all either accepting or giving rewards in bitcoin and other crypto. speaking of which, other crypto, doge coin jumping 25% today the after tesla's elon musk tweeted this meme showing the doge dog -- [laughter] planting the doge flag on the moon with the caption, quote, literally. with

i still believe i was inspired when i watched a caterpillar getting its way through a leaf. yeah but i gave me the idea to cut my own designs into leaves. over time i learned more and more and developed my own technique meeting and. depending on the design it can take lorenza did on several days to finish the cutting enjoy the almost minutes to work. for him his has been a journey of self-expression. is assumed one side of belief is turned to the light. in the other stays in shape you know that there's a similarity there to us humans. one side of us is visible the other is not. a hard thing when i work on a leaf i'm in touch with a side of me that isn't visible. his works also in demand with companies for green media campaigns leaves cleanse the air of carbon dioxide and produce oxygen making them an ideal symbol for a healthy environment put it on sustainability and green ethics are very important . is what i want to express is that human beings original bond with nature. today we've lost this sense of connection. so not only if we humans manage to see ourselves as a part o

and i was inspired when i watched a caterpillar getting its way through a leaf. yeah but i gave me the idea to cut my own designs into leaves. over time i learned more and more and developed my own technique meeting. depending on the design it can take lorenzo did on several days to finish the cussing we enjoy the almost meditative work. for him his has been a journey of self-expression. now have been a part of. the scene one side of belief is turned to the light. in the other stays in shape you know within that there's a similarity there to us humans. that one side of us is visible the other is not it's not a hard thing when i work on a leaf i'm in touch with a side of me that isn't visible lose his works also in demand with companies for green media campaigns leaves cleanse the air of carbon dioxide and produce oxygen making them an ideal symbol for a healthy environment put it on sustainability and green ethics are very important . is what i want to express is that human beings original bond with nature. today we've lost this sense of connection. so not only i

. >> who knows we've been talking about caterpillar since the spring i think you can stay with caterpillars will have to start jacking up the numbers. apparently jane rented a car and was going 25 miles an hour on a highway because the check engine light was on kchlt you imagine the irate people that's pay-per-view for me, just an fyi >> tim, what do you think about what happens to all these tractors after the up and down ings and people go back to city living >> i'm a buyer of one at least my john deere lawn tractor, i might be the only guy who cuts his grass, much to the embarrassment of the neighbors, but i do i think you have some trends, trends in organics and food safety that are not just in high droe uponics and some of the things we talk about but also in the light industrials. are these trades that are pandemic only? no way and i do think that that's part of this migration out of the city and people that are doing more at home >> all right next, we've got your final trade. stay tuned [music: “you're the best” by joe esposito] [music: “you're the best” by joe esposito] [triumphantl

it's going to benefit some stock z that we have talked about as well throw caterpillar in that mix. we talked about in i want to say spring of last year, that $135 handle that stock's probably going to continue to grind higher and you're going to have to see analysts raise higher. there's going to be some winners absolutely on the back of this the fact -- what i'm most upset by is when they make comments like we're going to let this run hotter for a longer period of time i mean, what they're basically telling you is that they somehow can control it, and they absolutely can't control it, and i'll bring kerry strug back. let's see them kerry strug this landing because i don't think it's happening. >> so stick to the landing for all those out there who may not be familiar with terry strug >> thank you >> google it go to your google machine. >> yeah, we're trying to reach every viewer out there. >>> our next guest says inflation is his number one concern this year. jim bianca is president of bianca research. great to see you it's going to be a problem but in the back half of the year wh

caterpillar up 4%. then applied materials. all trading higher on results.applied materials up 6% today. still some believers. markets are still close to records even as they try to little bit weak here. keeping our eye on the news flow they have to face. lately, it has been earnings. a bit of a selloff in the price of oil maybe on the hope and expectation that things are improving -- improving in texas. for oil companies, it may be slightly more complicated as they review the damage that has been done to their operations. are there other factors that have been at play in the volatility? nobody better to ask than alix steel. it has been fascinating to watch how oil traded, even before the situation in texas. powering higher here and lots of volatility going on. alix: setting the stage for you, you said things were definitely getting better. this map shows you the power plants and also the temperatures. it is kind of hard to see, but you can see a lot of blue. it is definitely quite cold. in terms of what we are seeing, you have a lot of options traders in th

and i was inspired when i watched a caterpillar getting its way through a leaf. yeah but i gave me the idea to cut my own designs into leaves little horse . over time i learned more and more and developed my own technique meeting. depending on the design it can take lawrence i did on several days to finish the cutting interest they almost made it to work. for him his has been a journey of self-expression. is assumed one side of belief is turned to the light. in the other stays in shape you know they're not there's a similarity there to us humans on the. one side of us is visible the other is not . a hard thing when i work on a leaf i'm in touch with a side of me that isn't visible. his words are also in demand with companies for green media campaigns leaves cleanse the air of carbon dioxide and produce oxygen making them an ideal symbol for a healthy environment put it on sustainability and green ethics are very important . is what i want to express is that human beings original bond with nature. today we've lost this sense of connection. so not only if we humans

i was inspired when i watched a caterpillar getting its way through a leaf. yeah but i gave me the idea to cut my own designs into leaves. over time i learned more and more and developed my own technique meeting. depending on the design it can take lorenzo did on several days to finish the cutting interest the almost minutes to work. for him his has been a journey of self-expression. is a scene one side of belief is turned to the light. on the other stays in shape you know within that there's a similarity there to us humans. one side of us is visible the other is not. a hard thing when i work on a leaf i'm in touch with a side of me that isn't visible lose his works also in demand with companies for green media campaigns leaves cleanse the air of carbon dioxide and produce oxygen making them an ideal symbol for a healthy environment put it on sustainability and green ethics of very important. is what i want to express is that human beings original bond with nature. today we've lost this sense of connection. so not only if we humans manage to see ourselves as

steel, cleveland cliffs, because their materials will be used if we have this and caterpillar would bee beneficiary. >> if you want to get a lot of eight out the door, you have to get people through the six or seven months of a pandemic and we need to have the economy poised to have a fast come back once it can. >> i would rather see us investing money that expands the economy's capacity than simply making transfer payments. >> i was hoping there would be a strong recovery. there is every reason to believe it will, especially if biden's recovery rescue plan gets enacted. >> spending generously is not competing with a longer run investment program it is a precondition for the longer run investment program. we need to get people back to work and through this with minimal damage. matt: this is bloomberg. i am matt miller. ♪ matt: welcome back to bloomberg markets. as the popularity of cryptocurrency rises, continues to rise, bermuda is getting into the action and planning to a comprehensive trip to payment service that uses a digitalized version of the digital dollar. joining me to talk a

like martin marietta caterpillar delivered a strong quarter last week and i'm proud of that. eight is china people have been playing with commodities. uh-uh. it is breaking down. you need to swap into new china plays. apple had an amazing quarter hey, congratulations to kevin johnson and his fantastic comeback for starbucks, he's been terrific and stocks down big. doesn't make sense to me self-directed stock picking. after last week, it's clear that people want individual stocks so buy morgan stanley and a risk with james gorman. he's risk averse, i'm risk averse because i don't like you to lose money. i like you to make money financial technology younger people don't like banks. bank of america has a great app and doing well but they like paypal they like square they like the newly public affirm and intuit. i don't pick i just tell. we have thermal fisher on the show tonight they are a drug and biotech company. eli lilly is doing breakthrough work i also like abbott lab s but had a big move 12th is electric vehicles. like it or not, this is the future we have to get involved

industrials, and materials up better than 1% so, jon, that's a dow record high jpmorgan record high caterpillargh. bitcoin record high. >> we are on that record streak for so many things, carl meanwhile robinhood, on the other hand, is being vilified. market makers questioned and stock gamification scrutinized in hearings yesterday but no consensus view emerged from the house financial services gamestop hearing what's the likely road map then for reforms? for more on that we're joined by former fdic chair and founding director sheila bair happy friday it's great to have you >> thanks. >> it's unclear maybe what exactly comes of this. but what are the top things that you think should >> right well, i would prioritize really shortening the settlement cycle for two days the core with the disruption and the havoc created when robinhood had to suspend trading was a margin call in the centralized -- the entity that does centralized clearing. there's a two-day float. there are two days before when you do the trade and you actually get your stock or get your money and that creates a risk for the centra

guys, we do have caterpillar leading the dow, and that is an all time high on cat, probably off of the's get to bob pisani. >> and janet yellen talked about stimulus and that helps th market a little and semis have turned around, a rough week and a half on semiconductors but i think applied materials is helping, take a look at the sectors, and you haven't seen semis as a leader in a while and that's a good sign, we need technology to lead and it has been very flattish in the last week and a half, apple is down again today and again this week and tech has to step up. banks doing a little bit better. industrials hit the reopening trade, energy on the flat side, weaker, and oil is down, u.s. is reopening talks with iran there, and just want to mention applied materials because it is moving in the semiconductor space, we're at an historic high, 118 was the old historic high, for applied materials but the important thing here is just an incredible earnings report, beat, raised the quarter, strong outlook, the semiconductors are on fire, because demand is exploding, across the three areas th

and microsoft is lower, and jpmorgan and caterpillar and estee lauder and technology and financials and consumer staples, and each of the stocks, the reason they are the same is that they get one big yellow stars and hit record highs in the trading today, and jon, that is an interesting market narrative here coming out with some of the sectors, and we will see if it continues to play out amidst the record highs and i will send it over to you. >> that is the record, and kicking off the stocks with the all-time highs and we have the market now facing what would be a fourth straight week of gains in the vix which measures the market volatility and briefly dipped below 20, and can anything derail this rally, and now joining us is the director of equities at marian wealth advisers and also jeff from mariner wealth advisers. >> yes, with the decent economies and the very good earnings season with the good outlook and the low interest rates is a good cocktail, but that said, we had such a rally last year, and there are a enough items out there, that we would not be surprised to see a correctio

. >> your instinct for sports is incredible caterpillar, the analyst community and offsides only 50% have buys. i think it trades up to 225. >> thanks for watching "fast." se >>> my mission is simple, to make you money i'm here to level the playing field for all investors. there's always a bull market somewhere and i promise to help you find it. "mad money" starts now hey, i'm cramer. welcome to "mad money. welcome to cramerica other people want to make friends, just trying to make you some money my job is not just to entertain but educate and teach. call me or tweet m me @jimmychillcramer you know something it's possible, not yet, to have too much of a good thing you don't want a market where there are too many ways to make money. we're not there yet. after another good day and the dow gaining 28 three points, the s&p advanced 4.7%. nasdaq climbed 4.9%. we're certainly headed in that direction. all right. so look, how is it possible that we could have too many ways to make money when lots and lots of things are working, you have investors taking down debt because everything can't mi

i want to quickly as we look at dow winners, goldman, caterpillar, walt disney, dow, american express moment down nearly 60%. six, zero percent. i do remind our viewers. it is you have 5000% over the past 52 weeks. lovely to see you, david. >> thank you. liz: breaking news on spacex. we need to tell you they were in the middle of a test situation for a spacex probe type rocket and it ex-moded. it had perfect takeoff. let's put it that way. but it exploded when it landed. no humans on board. it was otherwise successful high altitude test launch. but the incident happened earlier today, was repeat of a accident that destroyed a previous test rocket. again as it landed, it did not land exactly back down straight. you can see there an explosion happened. listen, no guts no glory, that is the beauty of spacex. i was there 15, 20 years ago, when elon musk had a robket ship in an old hangar in hawthorne, el segundo, california. look where we are now. as the closing bell rings, the dow still see as gain of 41 -- 481 points. [closing bell rings] a wild day where reddit favors broke down. a fad

dow stocks from american express to caterpillar, to goldman sachs and disney all hitting record highs we've got a hawkeye as well on those 10-year yields. there's a clear inverse correlation going on right now. we are on pace for the tenth dow record because yields came down

knee we ha -- company we happen to be fond of because internally they are so good at what we do, caterpillarorfront what are you doing for cat >> we're doing that same transformation around capital management and engagement. you know, in the pandemic, people were having a hard time, ceos were having a hard time we're not in the office. we're such a large part now we're remote working and so they felt a need to embrace work. they were a very loyal people saw a customer and we're thrilled to have them join the workday family an amazing company that continues to just do amazing things for so many years it's hard for companies to be that great for that long. >> you got to tell us what that means. we'll hear a lot about it all year. >> so coming back to the pandemic, it rose to the top and had a charge list and remote work orientation was harder to really understand how do employees think about the company they work at and their engagement level and comfort with their manager and are they feeling fulfilled at work? we were down the path with surveys recognizing that this emerging trend would be c

and i was inspired when i watched a caterpillar getting its way through a leaf. yeah but i gave me the idea to cut my own designs into leaves. over time i learned more and more and developed my own technique. depending on the design it can take lorenza did on several days to finish the cutting interest the almost minutes to work. for him his has been a journey of self-expression. is a seen one side a belief is turned to the light. in the other stays in shade much lower than that there's a similarity there to us humans on the. one side of us is visible the other is not . when i work on a leaf i'm in touch with a side of me that isn't visible. his words are also in demand with companies for green media campaigns leaves cleanse the air of carbon dioxide and produce oxygen making them an ideal symbol for a healthy environment put it on sustainability and green ethics are very important . is what i want to express is that human beings original bond with nature. today we've lost this sense of connection. so not only if we humans manage to see ourselves as a part of nat

eighth, caterpillar. good management. really turned around the last quarter was okay but cat has a ton of oil exposure and the price of crude keeps surging thanks to better global economy and a president that is less friendly to new drilling than the last guy, less drilling, higher oil prices. it is america's best steel maker is put through the multiple, multiple meat grinders not anymore. now it's put through multiple price increases. ready to put up staggering numbers. i missed too much freeport i was away i'm sorry. i was recuperating new core hasn't run yet. rotation isn't done. patience now, ten i've been telling you about the simon properties i went to see their malls. people are going to the malls again. huge comeback. the malls are now up scale a lot of simon properties are up scale and beneficiary is a great reopening because people have spare cash we can buy things on etsy and shopify but people want to spend and the malls a good place to spend. we know the day will come when we can see the light at the end of t

it means it does more business and columbus, maybe america's greatest manufacturer other than caterpillarstin in texas. >> caller: boo-yah, jim, shoutout to my brother and nieces as a member of the action alerts plus, thank you for all you do. >> you're terrific i love teachers. i love teachers. >> caller: yeah, thank you for all you've done to promote masking, vaccinations and public health. >> you bet. >> caller: calling from a hospital bed and ring the bell for the reddit and your actions speaks volumes and you're a national treasure. >> wow, i wish my mom were alive. she'd love that. thank you. >> caller: my stock touches on e commerce, empowerment, fashion, luxury and authenticated goods with competitors like the real real and ebay hitting all time highs, this stock down over 30% from the ipo price last month and i want to know if now is the time to get into posh mark >> there is a kind words you said but posh mark is a very expensive stock. they have to deliver i mean, there were a bunch of people putting out holds on it, not buys because people thinkist expensive and want the stock

. >> caterpillar. great quarter. >> thermal fisher.rowd strike. >> general motors. should be a great quarter. >> yeah, a nice gain there. all right. amazon, apple, the countdown is on, and what a great day for the stocks and a great couple of days for the s&p since november, and thank you for watching us. "the exchange" is now. ♪ >> thank you, scott and the gang. hello, everybody. yes, indeed "the exchange" begins now. i'm brian sullivan, a lot to do and a lot to get to on this very busy tuesday and so we will get right to it, and enough of the talk, and the reddit rally is running out of steam, and many of the trader stocks are crashing down and many of them are pointing the blame right at robinhood. and a critical update on the most important story in america, the vaccine rollout, and how is it really going? the facts and on the ground

rival caterpillar also jumping today.r texas upending the agriculture markets from processing plants to farmers trying to keep their livestock alive. archer daniels midland has -- due to gas shortages while meat processers from cargill to titan are shutting plants down in texas. the freeze may also cause a supply strain that could boost prices for beef and chicken. now, coming up, liz talks to former sec chairman harvey pitt and texas attorney general ken paxton about why yesterday's robinhood/gamestop hearing may be the start of a whole new wall street fight. ♪ ♪ so you're a small business, or a big one. you were thriving, but then... oh. ah. okay. plan, pivot. how do you bounce back? you don't, you bounce forward, with serious and reliable internet. powered by the largest gig speed network in america. but is it secure? sure it's secure. and even if the power goes down, your connection doesn't. so how do i do this? you don't do this. we do this, together. bounce forward, with comcast business. ♪ ♪ when you drive this smo

expecting pent up demand for bigger farmers to go on a spending spree >> you look at deere and caterpillar over the last several days about how both of those stocks are sitting at record highs right now there's a huge assumption that for those companies like deere and cat that it's about the construction equipment and the bullishness there. if it's hobby farming, people getting into farming, how hard is it for me to get into hobby farming if i've got to buy equipment that costs 20, 30, 40, $50,000 at the low end. >> reporter: you want to start small. nick penfield's deer mower is $2,800, but basically a 48 power under tractor is going to set you back about $25,000, but if you're going to get into farming, it's a lot of work, and you know, you can plant an apple tree for 30 bucks, which he's done, but he says it's not just the $25 for the tractors, what implements does he need to have. so it's kind of like buying a car, but you can buy these things with 0 none down, and 0% interest think of it as buying a $25,000 car. >> and forget about the land you need to create crops on that size and sc

from machine perspective we like caterpillar.e -- dealer inventories were down about 2.9 billion. so that means they will have to refill those inventories coming forward. in 2012 earnings per share, excuse me their operating margin was about 13.8. we expect them to exceed that in a couple of years, 2023 to 2025. very good dividend. [inaudible] equity side plus dividend from -- [inaudible]. we like eden. eden, they solved the pain points for their customers. they basically have two different sectors, industrial and [inaudible]. fuel pumps and aerospace. example of electrical which texas sounds like they could use right now would be -- power supplies. we expect them to have about a 2.4 dividend yield. which is not that bad. liz: we like dividends. we have about 30 seconds left. give me a quick what you don't like, just a region or an area? >> yeah. we're staying away from you know, any real discretionary spending at this time, like your cruise lines, your travel, things like that. airlines are coming back, have been flying fair amo

there's a caterpillar and a cockroach on the cover there this is cool i saw this earlier it's signedhat happens here. it says, "mac was all alone now. he started to shake badly as his body craved more cocaine." >> wait, what? >> jimmy: anyway, good night, kids turn the lights off. >> wait. >> jimmy: have a good night's sleep. next is a young adult novel. they're always popular they're always having helpful lessons about growing up, life this one should help as well this one is called "mom is dating weird wayne." [ laughter ] look, we've all been there mom is looking for love, hits the dating scene, and suddenly a dude dressed up as dracula starts coming over for dinner. "if you want to, you can call me dad." "we're not there yet." we're not there yet, dad some would call you vlad we're down to our last book, guys, unfortunately. please >> oh. come on, man >> jimmy: anyway, look, there's other things we have to get to there are interviews, there's a show you know, it's a busy week, you know so we're down to our last book it's a how-to book it's called "two-hour vests" by mary jo hiney

leadership on the dow, you see a bank, goldman sachs in there, along with chevron, along with caterpillar. the number one top performer on the blue-chip average today. disney shares hit all-time high of 190.64 ahead of their earnings which come on thursday. the gains today were very widespread. it didn't include those traditional pandemic winners. those names were peloton and names like zoom. if you flip the screen, you can see those were losers today. pinterest down 2 and 2/3%. seeing rotation out of big tech into cyclicals. another loser today was big tech companies. in the end microsoft, apple, eked out a .1 of a percent gain. alphabet, facebook, amazon, closing the session lower. if everything feels a little bit toppy to you, connell, you're not alone. yes, fundamentals in some of these gains are warranted but there is a bit of euphoria out there. people are starting to question it but you know what? i would rather be optimistic. so you know, three days of gains in a row, record gains in a row for the broader market, connell. connell: we'll take it while we can i guess. but you're rig

. >> your instinct for sports is incredible caterpillar, the analyst community and offsides only 50% >> thanks for watching "fast." se >>> my mission is simple, to make you money i'm here to level the playing field for all investors. there's always a bull market somewhere and i promise to help you find it. "mad money" starts now hey, i'm cramer. welcome to "mad money. welcome to cramerica other people want to make friends, just trying to make you some money my job is not just to entertain but educate and teach. call me or tweet m me @jimmychillcramer you know something it's possible, not yet, to have too ch

"first tier we're gonna open some rock quarries, archery repair shops, caterpillar sanctuaries.th: you got to -- you started doing what you called the nonologue on instagram was it nice? because again, you've obviously worked, you know, for cable channels, for network channels where you have a sensor who is telling you if you ever cross a line when you're doing an instagram video, no one's there. do you ever remember some of the times that you received heat be it at "snl" or elsewhere >> all the time, yeah. well, one time at "snl --" and what you're saying is true when i do a monologue at home, there's no rules i don't work for anyone, it doesn't matter no one's like, "you know, we kind of work with that person. you know, we actually -- they're one of our sponsors," which, understandably is in every business but, when it's just yourself, i don't give a [ bleep ] so, i do it. and one time on "snl," a couple people remember? no [ laughter ] so i did it in and out list. so one of my first ones was with dennis miller. so here was an update. this is right up your alley. update, denni

looking at microsoft, jpmorgan, goldman, caterpillar, you got some other big movers i think?les. stuart: why didn't i report that? susan: look at amc. there are other stock movers for you. amc most heavily traded stock on the new york stock exchange this morning. it shows the reddit brigade still has a lot of influence up there. amc did the right thing. maybe gamestop didn't. they actually raised cash when the stock spiked. palantir, analytics firm credited with finding osama bin laden, surprisingly losing mon very last three years. sales higher thanks with contracts with the fda and uk and alike. cvs adding to strong earnings. covid vaccines and testing lifting bottom line. goldman sachs says it is the best earnings season in 23 years. stuart: cvs down 3%. what happened. susan: turned around. they had had the earnings call from what i recall the bottom line looked pretty good. i will look into it. stuart: i interrupted you. i shouldn't have done that. overall, profits up 23%? susan: no. second best earnings season in 23 years. this is already high expectation plan. people us

you had caterpillar, which is an industrial bell wealth -- bell weather, led by q over q sales.omberg intelligence noted that u.s. pandemic companies blasted earnings three quarters. the money coming a quarter before estimated. the vaccine roll-out can add to that in the future. but even before that we started to see recovery come in. anna: we were just breaking down the u.k. g.d.p. figures for the fourth quarter, and now we get the full year picture as well for 2020, and we see the extent of the contraction, the u.k. economy shrinking by 9.9% in 2020. that is the most since 1900. given all of that, how do we see u.k. assets performing? there are a lot of questions around whether domestic focused assets might pick up or have already started picking up based on expectation little of later on this year? >> keep in mind the g.d.p. data is backward-looking. while the be bank of england seemed optimistic about the economy with vaccines and reopening coming later in the year, there is a lot that unknown. the effect of the lock-downs on the economy could end up hurting the towns and u.

goldman sachs, a bank, chevron -- an oil company -- as well as cisco e and caterpillar.rket record or high nearing 4,000, the nasdaq is nearing 75 points away from 14,000. so this record streak continues. investors today once again are cheering optimism on stimulus and on vaccines. we are seeing the number of new infections and deaths from covid-19 both fall, and that optimism is reflected right here in the steepening yield curve. the 10-year, close to 1.2%. the 30-year actually hit 2% earlier, that is the highest of the year. and what this does, itals that higher -- it signals that higher interest rates could be coming. of course, that is good for the bankings. financials are one of the best performing sectors today. oil prices hit $60 a barrel for brent earlier, wti is pushing closer to that, right under 58 right now. these are levels, gerry, we haven't seen since before the pandemic started. and there's this amazing hope --i'm one of those people -- that leisure travel can return soon. so a lot of the airlines doing well today as well. but, look, as oil gains, so too

advantage especially when you do the fundamental analysis i added to air products, blackstone, caterpillarames on my buy list. nibbling, slowly picking, and i will continuous this strategy going forward. >> genetics company 23 and me is joining the frenzy of firms going public via spac. meg tirrell with the details on this. >> 23 and me is merging with richard branson's virgin groups spac in a deal that's going to value this company at about $3.5 billion. now, 23 and me, of course, the provider of direct to consumer genetics kitds kits to look for ancestry and for health. the new ticker of the company is going to be mem-e. we talked with richard branson and the ceo of 23 and me why this merger makes sense. >> the financial returns could be very good, it could also save your life or even save a family member's life. it is great to put money into health care. >> now is a point in time when i am ready to explode. there is huge students for therapeutics and in our consumer business. >> i was interested to hear that 23 and me is going public now because ann woe jis kyi said for years she never

>> we have so much corporate news and caterpillar up this is fascinating. and by the way, there's plenty of hedge fund manager, jim, you bought stocks for less reason than an ice cream cone you know you did i mean all that analysis, and everything else you did, so who knows. >> but david, youcan't have a stock triple in the last hour, without having to figure out that the company, and the company should come out and say we see no reason for our stock -- >> maybe this time the company will figure out a way to sell some stock. >> and sell and buy. >> maybe a cfo. >> with bitcoin. to become the crypto place -- don't you sneer at me. >> you're just coming up with stuff out of - >> what are you doing? >> i'm telling you about the ice ream. >> at least i have a plan. >> this may be the most absurd discussion we ever had. >> really? >> i think it's getting close. >> carl, i think that the average american right now is trying to figure out how do i find the stock that triples in the last hour. forget what you guys are talking about with the faang, i want to triple

it has fallen into the close as the nasdaq's decline has deepened dow up 38 points caterpillar is having row. we have not seen a losing streak that long since last february. february 28th, 2020. remember what was happening then we were going into this pandemic, covid-19 the nasdaq is the story today. it is falling hard, down more than 2%. worst daily performance for the nasdaq since january, where it had another big down day, down 2.6% real valuation scare for some of these big cap tech names like apple, like tesla, all falling hard today the russell 2000 index of small caps also down about .7% but transports are higher, commodity prices are higher and bond yields are higher. particularly why you are seeing groups like financials and energy up. >>>well to "closing bell," i'm wilfred frost along with sara eisen and mike santoli, cnbc senior markets commentator as sara just said we did slip into close the dow ending up only 29 points it had been up 160 about an hour or two before. it had been down 208 from the open as you can see from tin tre day chart a. soft final hour and a half of trad

more importantly today looking at what is happening in industrials and transports like deer and caterpillares well for the rest of the year as mike said, the equal weighted index is performing better i actually think the market is performing okay going through here and as the vaccine comes on line, we are starting to get good news, i think we will see a run kind of coming out in the summer >> fed news in the mix today let's get to steve liesman who spoke with new york fed president john williams. steve, what were the takeaways >> in our interview with john williams he was explicit about his lack of concern for the rise in the ten-year. he said he doesn't believe it is going act to restrain economic growth in the u.s. >> as the markets, especially the treasury market responding to some good news on vaccination and progress there and maybe reduce downside risks. and news around additional fiscal support we are seeing signs of rising inflation expectations back to levels that i think are consistent -- closer to consistent with our 2% long-run goal >> the ten-year yield has risen almost 45 basi

and where would you put it if you look at industrials, caterpillar and deere are already trading at recordighs and energy already the best performing sector for 2021 up 12%. >> yes cyclical stocks should fare well in 2021. tract of earnings growth as well, that should bode well for value and dividend payers. you think about rotating into asset class, we have actually increased allocation to xus and u.s. markets as well xus, as you know, has a decent amount of cyclical stocks. those should bode well to tea2021 as infrastructure and natural resources, i mentioned earlier in the segment, infrastructure should definitely increase and actually allow high-quality income for clients, for investors as well. so anything around that value chain will benefit from what we're seeing right now in the cyclical changes from growth to value. keep in mind, thwo things could drive value really, a lot of allocation of value, is a significant drop in growth stocks we don't see a significant drop. we see some of that translating to value as investors seek to take on a little bit more risk in their portfolio and

. >> big equipment, john deere, caterpillar. >> all these people on the job. >> not just the old workerster talking about green energy jobs and union jobs as well. do you think the administration has a plan. >> they don't have a plan. that's not true. they have a plan they are going to ruin us, ruin the gas and oil and coal and start importing stuff from china or wherever else. we are not going to hit by americans. americans, natural resources right now, we are going to go somewhere else and they don't care about us. >> they need to be educated on the good they want every day. a lot of them are from the petroleum industry. getting them from overseas, where is the fuel coming from. are manufacturing companies going green or burning fossil fuels? there needs to be a lot of education done before we kill a whole industry. how many have we killed? brian: the administration said when they pulled the plug on keystone there will be plenty of green energy jobs but so far no idea where they will be and most certainly not -- joe and david and christina, thank you, thoughts and prayers are with you.