guest: the split was a great move because the next the stock more accessible to daytraders.t will benefit from that split. but the problem that netflix is facing, they are slowing down. they have a maturing market in the u.s. they put 900,000 new subscribers on. the old managers say that turn is horrendous, and getting bigger all the time. they are going to have to do something about the bottom line. margins are barely 4%, which is not enough to make the company sustainable going forward. they will have to look at advertising, which hastings says, never. he started doing self-promotion of netflix content on the network, and sooner or later he is going to have to find a way to increase the profitability and margins, or else look at a buyer. there are a few -- emily: like who? guest: he's not going anywhere in china, but he needs somebody like alibaba. he has clones in china taking the market away. emily: what do you think, that the long-term model is not sustainable? guest: i think you have to give netflix a tremendous amount of credit. when you take a look at the business, t

are they really daytraders?ongressman sherman: people who did not even have any investments yesterday, what do in their headlines? new york stock exchange shuts down. headline one saw in 1929. you do not like to see those headlines. there are multiple markets, the new york stock exchange is one of the many stock exchanges the trades went through. that a communication issue rather than a market issue? sayressman sherman: i would , when you have a failure of for several hours of your most prominent stock exchange, that is not a good day for wall street. thank you, congressman brad sherman, a democrat from california, joining us from washington. when you shut down the main banks that help companies sell products overseas? we will find out what trade looks like without the u.s. import export bank. ♪ pimm: welcome back. top stories. soccer's world governing body has expelled one of its top ranking members. wask blazer's guilty plea unveiled in may. he served on the executive panel for 16 years. rolling out a fantasy

meanwhile, europe stocks turned in to the upside the daytrading mud dyed ftse in london of 37-point.tures pointed to a higher up in this morning. dow futures up 44, s&p futures up five, nasdaq up 11. hillary clinton reportedly closed part of the new york apartment stored for her 600-dollar haircut. didier post reports that former secretary of state and her group were seen entering the building, her entourage before heading for the explicit john barrett salon. come on, hillary. turning to sports, after giving up five runs, thank yankees chag back in a hurry with an 11 run second inning. the most runs scored by any team in the season. the fourth career grand slam in the third. philadelphia phillies standing the 34-year-old right-hander with 123 in chances this season. correct barry returning to the practice field this morning. less than eight months after his stunning cancer diagnosis. he was cleared by the kansas city medical staff and a stock is yesterday. before you head out the door this morning let's get a look at your local forecast. let's say across the country. everybody wants

jon: daytraders are sitting at home and they look to you and say what on earth do i do. we look to the bond market and the difference in yields. guest: go local. the global story we see every day and we wait for a big story and nothing happens. historic volatilities are low. but tomorrow is a big no. you want to trade aussie-kiwi, that is what you trade. think of at the process and career yen. stop thinking about the big events that will shape this world. they don't happen that often. we had a move and the dollar and that is done. q we is down 35%. we are seeing the big moves in these currencies as over. is it possible they could intervene? let's look at some of these local factors. stop going -- the fed will raise rates. let's wait for the fed in september or december. jon: you and i talk euro stocks after the break. coming up, many of our own mp's will be voting against him today. alexis tsipras will have to turn to opposition politicians to prompt his bailout deal. stay with us. ♪ jon: good morning and welcome back. let's bring you up-to-date on where equities are tra

when we get caught up in the details of puts and calls and options and daytrading and things that weon't need in order to achieve financial security, the media might be trying to garner additional ratings, i don't think we're doing people a great service. >> andy, let me turn to you. i want to say thank you to be okay and merrill lynch because they've been incredibly helpful partners in our efforts moving forward and you have been an industry leader and want to thank brian moynihan and also ceo of merrill as well who i've met personally for your work on these issues. you've really been very very helpful. you mentioned about longevity, and so did vicki. my memory serves serves me, the of his been doing a fair amount of work with usc longevity center. can you tell us what you've learned from the work that you're doing regarding the evolving needs of the population that is living longer and what that means for financial security and what proactive steps that we could be taking in light of what we are learning? >> great, thanks. the secretary is referring to work that we've done with the

it's the momentum daytraders that guess what, mobile growth grew 5% but a little bit less than last quarterake short-term gain. please, if you're a long-term investor hold facebook. mr. graham has 300 million users. if not begun to monetize and chagrin to the max. oculus, virtual reality. zuckerberg must oculus. it is facebook is the new second home of the world and that is mark zuckerberg school. stuart: estes had a dozen times this morning is the most widely used technology product in the world still cry when. thank you very much for joining us. we appreciate it. >> my pleasure. stuart: time for the sector report. cheryl: looking at gdp. 2.6%. consumer discretionary status. if americans have more money and we are told low gas prices they do how are the stocks doing today. a lot of guys are down whether amazon, disney, comcast et cetera. mcdonald's and all of us after the show yesterday went in a mcdonald's. twenty-first century fox was that. i thought i would end on this tuna. stuart: that works for us. the hunter becomes the hunted. actress mia farrow taking revenge for cecil the lion. s