dan niles from alpha one.down $40. >> about to take out the lows again. >> 20% revenue decline. the streets have been looking for increases, which is totally fiction. this is terrible. it's terrible. 50% of sales come from overseas. >> is it still a short, though? >> yes. it's terrible. >> all right. coming up next, bill ackman is back on the attack. why are options so big on herbal life? we'll tell you when "options action" returns. hey mom, you want to live by the lake, right? yeah. there's here. ♪ did you just share a listing with me? look at this one. it's got a great view of the lake. it's really nice mom. ♪ your dad would've loved this place. you're not just looking for a house. you're looking for a place for your life to happen. zillow >>> welcome back to "options >>> welcome back to "options actions." we have breaking news. with regard to changes for the s&p 500 scheduled to take place next week. first of all, henry shine, currently the s&p 400 will go into the s&p 500. will replace care fusion corpora

we appreciate it. >> thank you, melissa. >> dan niles of alphaone. he is short ibm. is down what? $40 since the -- >> 30% since its peak in 2012. about to take out the lows just like bp and exxon. >> 20% revenue decline. the street's been looking for some increases, which is totally fiction. >> is it still a short, though? >> oh, sure. it's terrible. >> coming up next, bill ackman is back on the attack. but why were options traders betting so big today on herbalife? we'll tell you when "options action" returns. in our house, we do just about everything online. and our old internet just wasn't cutting it. so i switched us from u-verse to xfinity. they have the fastest, most reliable internet. which is perfect for me, because i think everything should just work. works? works. works! works? works. works. >>> welcome back to "options action." we've got some breaking news here with regard to changes to the s&p 500 that are scheduled to take place next week, guys. first of all, henry schein, currently in the s & p 400, will go into the s&p 500. will replace care fusion cor

joining us on the fast line is alpha one founding partner dan niles.speak with you. >> mice to be on. >> three top text that you're coming to us with, cisco being one of them. is there another piece of a company that they are going to buy in terms of security? >> i would rather they focus on their core business, and i think that's all you really need. if you look at last year, cisco's revenues were really depressed because had you all these mega mergers going on. you have comcast with their merger. you've got at&t with directv, and so that really slowed down spending in the service provider space at the end of last year, and i think what you're going to see is service provider spending picking up quite a bit in the back half of this year once these mergers get closed. cisco a nice big dividend yield and close to 6% and low pe multiple and people aren't that optimistic on name. it has all the the defensive characteristics i like because i'm not a fan of the market up here so -- >> hey, dan, do you worry with cisco? we saw, you know, a lot of u.s. multi-

. >> dan niles. ibm is down $40. >> about to take out the lows again. >> 20% revenue decline.eets have been looking for increases, which is totally fiction. this is terrible. it's terrible. >> all right. coming up next, bill ackman is back on the attack. hey mom, you want to live by the lake, right? yeah. there's here. ♪ did you just share a listing with me? look at this one. it's got a great view of the lake. it's really nice mom. ♪ your dad would've loved this place. you're not just looking for a house. you're looking for a place for your life to happen. zillow >>> welcome back to "options >>> welcome back to "options actions." we have breaking news. first of all, henry shine, currently the s&p 400 will go into the s&p 500. will replace care corporation. that will happen after the close of business on tuesday. the 17th of march. three other changes will happen on friday. the 20th, and that is equinex. and hanesbrands will replace avon products. four changes happening. melissa. back on over to you guys. bill ackman was on cnbc on reports that they are being investigated by th

dan niles reveals a large cap tech name most vulnerable to the dollar surge. that is next on "options action." see you back monday at 5:00 for more "fast." have a great weekend. >>> a cold breeze blowing through wall street with some traders calling for a correction. our guys here suiting up behind me with their best trades. but first here's what's coming up. >> we're not going to make it. >> that's how traders felt today, and it could get worse when the fed meets next week. we'll tell you why and how to protect yourself. plus -- >> to infinity. and beyond! >> and the dollar's about to go even higher. we'll tell you which sector in particular to avoid. and why are traders suddenly betting on herbalife again? >> we're not going to say anything publicly. >> but we will, bill, because the "action" starts now. ♪ kiss me baby let the fire get higher ♪ >> one big question tonight for investors is big oil going to cut their big dividends? let's get in the money and find out. go to mike here. what's the likelihood in your view of this? >> well, it's interesting becaus

joining us on the phone to discuss is dan niles.to talk to you as always. >> good to be on. >> we love big round numbers obviously. what does this mean to you if anything? >> it really doesn't mean a whole lot to us. obviously you have 14 years and big round numbers are nice and it gets people to focus on things. in that way, it's good in that people get to think about the differences between now and back 15 years ago. >> you point out global gdp two and a halftimes what it was then, a lot more dividends at play as well? >> i think that's the big difference. there's no question multiples have expanded over the last six years. if you think about the world today versus back then, global gdp back in 1999 was 32 trillion. 2014 it was 78 trillion. so up two and a halftimes. if you look at the u.s., it was around 10 trillion. today, closer to 17.5. so the world's a lot bigger place, there's a lot more profits out there. you look at the valuations today, they may not be cheap or inexpensive, but they're nowhere near the levels they were ba

they will be talking about the nasdaq with dan niles.ak down which tech stocks have more room to run and where you should be taking profits. don't miss it. >>> straight ahead, stocks pulling back for a second straight day. is the market rally in danger of running out of steam after hitting new highs on monday? up next we speak exclusively with the chief investment officer of calstrs. find out how the world's second largest public pension fund is putting its money to work in this environment and the supreme court taking up a potentially historic case on obamacare today. cominge ging up, we will look at the fallout for hospitals, insurers and patients if the court sides with the plaintiffs. you're watching cnbc, first in business worldwide. tment when my teeth are ready? ♪ ♪ can it tell the doctor how long you have to wear this thing? ♪ ♪ can it tell the flight attendant to please not wake me this time? ♪ ♪ the answer is yes, it can. so, the question your customers are really asking is can your business deliver? you, my friend are a master

dan. >>> you know, it is only march and the west vile virus -- west nile virus found a dead bird and latere most active year on record in alameda county. that bird was found last year in may. they say it is unusual that the crow was found this early in the year with the virus. this could mean and early start to the season. >> when a dead crow is found, the eyes are check and the mouth is swabbed for west nile. >> if it has a low infection, it can survive and carry the virus for awhile before it dies: compared to recent years, fewest number of mosquitoes were found in 2014 and it was the most active year in alameda county. we found the birds. and we had one human. >> reporter: now the virus is showing up months earlier. because of the current drought, you would think there is less chances for the disease to spread but that is not the case. >> in the drought year. there are fewer water sources and they tend to congregate around the water sources so the potential for the virus to be spread increases. >> dead bird found in alameda had an acute infection. they say that's what killed it. >> ther