back over to you. >> thanks so much, dom chu.res of shake shack pulling back today after a huge run to the upside in the past few days. the stock is up around 15% over the past week. dan nathan thinks he knows what's going on with shake shack and he's at the smart board with a trade school we're calling the anatomy of a short squeeze. >> it's a good old-fashioned short squeeze. here's a stock i own. i like it but not because of valuation. i like it because of a host of reasons i will explain. mel just said the stock was up 17% this week, 12% yesterday out of nowhere, and when you look at this, this is the chart over the last 52 days since its ipo. the stock ipo'd in the 20s. it was up 100% almost immediately and then it's basically flatlined until this recent breakout just this week. and i got to thinking, there was another stock that ipo 'd last year that had a similar pattern and that was go pro. went public in the 20s. it gapped up, had a successful ipo. flatlined for a couple months. this is the first 52 days. the chart blow

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chu, i know you have been in this position for 24 years now at ccdc, and great to hear you say that we can end this issue, there is hope. call the number of speaker cards, please feel free to come up. if not, i will call other speaker calls i haven't called yet. i have elizabeth arker, and jenny frigenbot. >> a couple from the previous batch. >> i did and no one came up. if you stand, so i have a sense. [speaking spanish] translator: good afternoon, i am bess vanquez i have two children one is 14 years old. [speaking spanish] translator: i really appreciate that my children are really good. i like to work i am a hard-working person, nevertheless i do not have a house and i need a house. [speaking spanish] translator: i am originally from honduras however the situation in honduras is difficult because of the crime, i am here to work and hope for a better future for my children and i. [speaking spanish] translator: thanks in advance for your help i encourage you to keep supporting the initiatives for housing, the future of our city is the children, and that's the way we will stand up. gr

you for joining us today and school broadband member hydra mendosa and assessor our recorded carmen chu (clapping) we have two commissioners amy ackerman from the status of women and we have two board members members our pointing and linda calhoun >> i want to especially thank my staff carlene who worked and others from the mayor's office to make today's ceremony possible. >> (clapping) and and mickey callahan from the human resources has just joined us i'm sure you're aware of in 998 san francisco became the first city in the world to enact a local ordinance with the united nations the illumination of all forms of discrimination against women a international bill of rights for women the united states is not gratified but the other countries have this landmark ordinance was made possible by the advocacy of the san francisco bay area area women attended the fourth convention on women in bay you didn't know in 9995 it's between 20 years when hillary clinton proclaimed infamous women's rights have human right human right are women's right and to come reiterate are a the form of action san

. >> let's send it over to dominic chu chu. >> nokia is possibly in advanced talks to acquire part units of alcatel/lucent, specifically some of the wireless assets. the potential acquisition of the assets would be to help strengthen the telecom equipment and wireless network's business with nokia to better compete with ericksonssonericsson. >> the original alcatel/lucent deal remember that? >> yes. >> to see that come around after all this time. >> both are higher. interesting. we have about 50 minutes left in the trading session here the dow off the lows down 40 points here. the s&p is down 4 and look at your nasdaq. heading back to 5,000. >> 4,999. just half a point away. >>> coming up financial stocks gaining ground ahead of a huge wave of earnings this week. dominic chu will have a special report on how they usually perform after their earnings hit the take. >> sprint plans to do what doctors rarely do these days that would be making house calls. we're not making a joke here. we'll tell you why the cell phone join the is borrowing a page from the old dr. playbook. plus the pros will

back over to you guys. >> dom chu.hanks for that. >> you see that and a $6.2 million share by him alone, it's something that makes you wednesday wonder. i'm long the stock. ultimately sometimes a liquidity infusion, it's actually positive for a stock. i don't think liquidity is that crucial of an issue for lions gate. this is the kind of thing, stocks down a couple percent in after hours. it's something they should shrug off. >> this is definitely -- is this a dip to buy? >> might be. i don't know where it's been priced. that's the tell to see how well it trades once it's priced. typically the secondaries get priced and thing to rallies, gives you a level to trade against. i'm with tim on this one. i like the name. >> the way you trade it is you wait for the secondary to come out, wait for that low to hold then get in and use that as your stock. >> lot of congestions in the charts around the $32 level. use that as your stop loss. whatever way you play it from 3rks32 is the number that sticks out. you know i'm going to

dominic chu has the report tonight. >> this week is key for investors interested in the energy sector. the two biggest oil companies in america are slated to report earnings. skexon mobile coming out thursday and chef rob is scheduled for friday. this could provide clarity for where industry leaders think we are headed. are feeling better for energy companies. >> i'm fairly optimistic for energy. when i look at earnings reports for total and bp i think you're going to see earnings slightly better and revenues coming in line with maybe a miss but that will carry the over all industry higher. >> but not everyone is as convinced that the all-clear signal has been sounded for bu energy stocks. oil prices could still drift lower and take the sector with it. that is the danger. but some experts are pointing out that there may be an opportunity for longer-term investors. >> material price change since last june is going to effect them and i think it will be a challenge for a lot of companies in the energy space. but i do think that over time that is probably one of the biggest disconnect in

dominic chu takes a look tonight. >> reporter: when it comes to the strength of the upcoming earnings season the bar has been set low. very low. a poll of wall street analysts conducted by thompson reuters predicting a nearly 3% decline for s&p 500 companies. if that were to happen it would be the first decline since the third quarter of 2009 as the nation was trying to emerge from the financial crisis. >> we say that every quarter that guidance is important, but guidance could not be more important as we go into this earnings season because of the drawdowns and inestimates. and the weak numbers that by the way the economic data releases that we got in the first quarter. the market needs to be sure and confirmation is needed that we are pulling out of it and things are going to get better in the next couple of quarters. >> reporter: the consensus is that the the most earnings growth comes from the financial sector as banks continue to work on growing their overall health and capital positions. those things will be in focu next week as some of the biggest names like j.p. morgan chase,

dominic chu, we have some breaking news on the nfl. what are you hearing? >> the nfl is going to seek -- or is going to end its tax-exempt status. it's been the subject of a lot of controversy with regard to why the nfl enjoys that 501c6, or tax-exempt status as a trade organization. well, the nfl has conducted its own study and they've now decided that they will again, end their tax-exempt status. they say it will have no material effect on their operations. they really didn't have that kind of an operation that paid a lot of taxes before. remember, they're very much a pass-through vehicle where the leagues and the league office kind of send those revenues to each other and to the league office so, it becomes pretty much a moot point. but still an interesting headline here, mandy, that the nfl is going to end its tax-exempt status. back over to you. >> okay. thank you very much. dom chu. we also have breaking news in the bond market right now. five-year notes up for auction. rick santelli tracking the action at the cme. you gave the two-year note auction a

but dominic chu, is it that bleak?ell it is right now, and i'm interested to hear what larry kudlow has to say about this because the expectations are very low for the first quarter earnings season coming up because right now according to average analyst estimates by thompson reuters, the average s&p 500 earnings growth rate is supposed to be a decline of 2.7%. that's analyst estimates right now. if you strip away the energy sector, things could get better but we took a look at some of the stocks that might be showing upside earnings growth potential, so the folks over at cnbc pro looked at the s&p 500, looked at the biggest anticipated earnings growth rates, and melded them with average analyst buy ratings. they came up with a whole universe of different types of stocks. among them standouts like delta on the airlines side, lennar on the home building side of things. you move to some of the biotech stocks biogen seeing weakness as of late but a 57% anticipated earnings growth. fed ex on the transportation side weaker

dom chu? >> $16 per share.high end of its previously anticipated range of 14 to $16. at that valuation etsy would be worth approximately, again, approximately, $1.27 billion. they will look to raise $267 million in ipo proceeds at that valuation. it looks like etsy met with at least a certain amount of strong demand. pricing at the high end of the range, 16 bucks a share. >> the craft store of the internet, carol roth. is it worth that much? >> this is a great example of the sharing economy at its finest and, frankly, it's better to have a job that pays you money than one that sucks up all your money like golf right, bill? >> she hits me with a zinger at the end. melissa francis, you guys -- melissa lee, i'm sorry. >> that's okay. >> this is actually something that we got on etsy. we'll explain a little later on -- >> is that a sock puppet? >> and whether etsy is a takeover target. >> that looks like a sock puppet. >> i can't wait to see this. trust me it's all yours. >> thanks guys. "fast money" starts right n

lowell and welcome to san francisco and thank you very much for chu's san francisco for this wonderful installation. >> (speaking foreign language.) >> and to the nc gallery for the work to make that a successful display in making oversee works the display is a credible display for a incredibly city like san francisco. >> (speaking foreign language.) >> over the years the civic center plaza has been the stink tangible is leading artist like patrick duarte and now wong lee. >> (speaking foreign language.) >> those installations exist local resident and draw tourist as the mayor mentioned draws economic terrorist which in turn helps the local artist and art organizations to thrive in san francisco. >> (speaking foreign language.) >> bringing such high quality artwork into the sacred and public spaces send see the message that art is on a essential part of san francisco. >> (speaking foreign language.) >> we look forward to continuing this tradition of showcasing some of the best contemporary art from around the world and making it assessable for everyone to joy. >> (speaking foreign lang

responsibility thank you to our supervisors here supervisor breed formerly supervisor and new carmen chue kim thank you very much for being here our city administrator thank you for being here and commission thank you and tom hugh and mr. puc guy >> thank you all of you for being here today let me say at the outset we're giving the oath of office for 32 people 118 bodies and commissions that help me deal with the policy challenges but more and more most importantly and the most important thing the commission and advisory bodies do we reach out to people and engage them and bring that diversity of opinion and culture into the way we around government and this is what the exciting to me and let me tell you i'm excited today because the 18 different commissioners and advisors bodies are very important to me let's look at who ear appointing people to when we look at our diverse city i have to say and it is not because it begins an organization but art it is important to our city on a local and international level so the arts commissions e commission deals with our diversity and culture and o

reelect supervisor scott wiener 2014 rod resolution santos for community college board 2014 carmen chu for assessor recorded 2014 san francisco alliance for jobs in sustainable growth pack san francisco police officers association issues pack unit here local 2 pack building owners and managers association of san francisco political action committee independent expenditures and council and lash pack alice lesbian and gay pack mayor ed lee for san francisco committee that's the last slip provided me. >> okay that's it for - >> so those are all the committees and activity level one wore to select 6 committees from this level would someone like to come up and select that for us. >> one at a time. >> would you like to read it for us. >> mayor ed lee for san francisco committee committee for better wages yes on j no on b 2014 sponsored by san francisco alliance for jobs for sustainable growth no on the waterfront yes on prop b jane kim for supervisor 2014, yes on e choose health san francisco. >> how many is that. >> 6 i think hold on a a second i think we have 6. >> great, thank you would y

. >> that was from last year i'm sorry could you - so in terms of the chu's who we choose to audit we chose by firm as opposed to by individual lobbyists because the reason that was chosen really our mandate to do one lobbyist we thought 4 would be more appropriate we thought when the lobbyist report if there are other lobbyists sometimes the reporting overlaps one lobbyist may not report any income they can have if there's 3 lobbyists one can report all the firms income so we didn't liquor want to choose somebody and it turns out they have no protect but another person recorded the income to in terms of lobbyists we choose by firm if there are 3 lobbyists we'll actually audit all 3 of the lobbyists and if there's a firm where it is just one person putting out their tare shingle. >> any other questions for the executive order public comment? >> commissioners ray heart for san francisco open government the report you're talking about is on the screen and down there at the very bottom it says sunset ordinance the interesting thing about the executive report there is nothing there but a

let's go over to dom chu. >> good morning, breaking news right now on what's happening with ford. have ford march sales coming in at 235,929 vehicles. again, 235,929 vehicles for march. that represents 3.4% drop in terms of total sales from the same time last year. estimates from edmonds.com for a drop of 5.4% so a smaller than expected drop in sales for ford. now they did say that retail sales of 10% in gain for the f-series pickup truck did help power the overall results. also ford explorer models posted 17% gain so trucks and suvs a big part of the story for ford's auto sales. lincoln sales up 7% but overall, ford f-1 series pickup trucks boosted 10% for march, explore up 17%. they say, i have been a mustang guy in my day, mustang sales up 36%. but overall, david, headline numbers here down 3.4% for ford. estimates down 5.4%. >> thanks very much, dom. we've got walmart executives here at big board today hosting the company's investor day. making the case to analysts and investors for growth strategy. a report in "the journal" says walmart's increasing pressure on its suppliers

you for joining us today and school broadband member hydra mendosa and assessor our recorded carmen chung) we have two commissioners amy ackerman from the status of women and we have two board members members our pointing and linda calhoun >> i want to especially thank my staff carlene who

soccer and this includes others our permits and reservation team and michelle is here and peter and eric chu(clapping) this doesn't get done would you mohammed nuru our director robert and albert thank you. the design who helps us design this facility and a lot of our supports and athletic activities i don't know in tony it is here a big round of applause for march and boston and john and others bruce if i'm that - a special guest letting start with our fabulous mayor who is running this city like a first class markuper mayor ed lee >> i'll give the inside track laughing and i'm really happy to be here with supervisor london breed and supervisor katie tang and school member hydra mendosa i know we all ago if you're going to be an elected official in san francisco you ought to run here first; right? (clapping.) in almost two years ago activist visited me and gave me picture calvin you handed me those pictures he said you've got to get that done mayor it will only cost $2 million and so $2.7 million later we wanted to do it right and rec and park and their contractors said this a unique track

back over to you. >> thank you,dom chu. let's get to that yelp story.ney has yelp as his top pick among small cap internet stocks. mark, good to see you. >> good to see you, melissa. >> is it still? >> i guess we'll find out. this was a clean miss in lower quarter that they've come in below the high end of their ranger. they came in at the low end and most metrics decelerated, too, there's very few positives. >> i asked you if it's still your top pick and you said "we shall see." or something to that effect. is it or is it not? >> i have a little time to figure that out. >> so you're evaluating your options at this point? >> oh, always. >> what are the options for yelp? you look at the stocks pattern, it's down about 50% from its 52-week high and things look like they're getting worse. could this be a takeout candidate? >> i think there are three things we need to figure out. where's trough valuation? we've seen if you look at the tape it seems generally to have found a floor in the mid-30s range. so the question is will that hold going forward. if the

forced i choose to live here by the way, hold into our properties when this gives up people will be chu's to live here i'm excited we're working with all the different agencies i just met our acting captain with the boyer station she's going to help me recruit cadets because people need to change the candle stick bring in the youth for all folks to become police officers all the different languages and cultures this is the way to help the culture like at the city hall we've affected the culture changes through the new lisp the puc and public works and everybody is working hard for our community i want to end by saying thank you thank you, thank you to the alice griffith tenants to the residents here for allowing us that we make the choice to invest in you you'll help us to make the city successful? a way forward this is why i do this everyone with president breed and commissioner cohen we'll invest in people first, i look forward to the ribbon cutting and the other celebrations you'll find me at many other grourgz in this neighborhood we've got a lot of work ahead of us thank you very muc

dom chu is on the floor with a look at the reports. >> it's been a mixed picture.etimes these banks are up or down, even though their profits are up or down. you can see goldman sachs down about a third of a percent. we'll get to it in a bit. let's talk about citigroup because it is america's third biggest bank. report a hefty decent-sized profit beat and yes the shares are up, one of the best performers in the s&p 500 financials right now. they were helped by some cost-cutting measures, helped to offset the trading weakness they saw from some of their divisions, so citigroup shares up on a good earnings beat. goldman sachs is down about .33 in trading, despite knocking the cover off the ball. beating analysts expectations, they show their fixed income currency and commodities trading surged by 10% after a decline last quarter. those shares still down, goldman sachs saying its investment banking revenues the highest since 2007. >>> and blackrock, those shares are down as well. the company got a lot of inflows, about $70.4 billion of long-term fund inflows in its fu