dennis jones i'm a resident i'm qualified to say that you've forced me to get off my rear end. this is a totally inadequate forum for you to get the kind of feedback you deserve to make this budget look like somethings that's reflective of having in depth discussions with automotive of the sentences. having said that i obtain to the 12 and a half percent for seniors. i don't know if any of you are on a fixed income but building in san francisco is a real trial and i have no intention of moving out of san francisco to involve the problem. the environment and a quality of life in san francisco has been badly implicated over the last 5 years the city has transferred all kinds of expenses to us one you've put an application fee for the renewal of applications my derivative and house hadn't moved and my need for a red zone is not increased to safely get out of my garage. i don't see any forum to address those two minutes today is totally inadequate for anybody to give real >> thank you. next speaker, please. >> . (calling names) >> good morning, everyone. are i wanted to thank the p

dennis jones i'm a resident i'm qualified to say that you've forced me to get off my rear end.

it's how edward jones makesense of investing. dennise by kick starter, valued at $2 billion a year and new data profiling who is buying into this trend has brought to us by andrew reid, the president of tech marketing firm vision critical. you interviewed somewhere 90,000 people on the new sharing economy. tell us about the numbers, how big is it? >> we talked to 90 million people in the u.s. 90,000 in the u.s. canada and the u.k. and found over 200 million people in the u.s. 40% are part of the movement. dennis: 80 million people. >> using things like guber and craigslist and ebay. dennis: you find much difference by age group, 18 to 34, 35 to 55-year-olds.% >> more of the use in those younger people are more affluent. the trend we are going to see as people grow older will be less likely to want to stay to want to use in department stores but warning to leverage the sharing economy. dennis: what is an incumbent to do? hotel companies have been obsessed, suddenly i can run out and be away and local governments getting in the middle of

come on in. [ male announcer ] it's how e edward jones makes sense of investing. ♪ >> i'm dennis kneale. we've been looking at disney earnings the stock is up nicely after-hours. it has bun of the best collection of media assets but how well-managed are the assets? take a look at five main business segments much disney. all five reported higher revenue than a year ago, and yet all five segments end up reporting bigger increases than actual earnings on that revenue growth. that shows tight management and tight cost control. so media, it's a $5 billion a quarter business, up 4% in sales but up 20% in earnings. theme parks, almost a $4 billion a quarter business. up 16% in earnings. studios because of frozen and thor, two billion dollar business in the quarter. earnings leverage up 75%. same for consumer products. interactive, up $400 million business in the quarter. revenue up almost 40% and profits up well over doubling this kind ever shows you the leverage disney gets when they manage the assets that anyone would envy but manage them especially well. now back to our anchors. david: boy,

it's how edward jones makesense of investing. dennisnicole petallides on the floor of the stock exchange, you are looking at today's big losers. nicole: looking at our losers we have seen retailers coming under pressure from the transportation index which has been under pressure as well. let's look also at the dow jones industrials up 21 points. we have seen back-and-forth action throughout the day. the high, we see it moving 15,473, we are less than ten points off of the highs of the day. a big move to the upside, still down for the week down 1.4% for the dow jones industrials, down for the s&p 500 down 1.5% and still in pullback mode, 5% or more off of the highs of these indices. not great for the bulls out there, very crucial time in the market. dennis: thank you very much. the s&p 500 not below the 200 day moving average, 1709. can it hold at these levels or are we in store for future declines? for that let's turn to the senior investment strategist for raymond james. you are optimistic. you think the naysayers who think we will bre

dennis and cheryl. what to i think? well, a couple of things i'm watching ery closely. the dow jonesabout 1%. the s&p 500 also up 1% sitting at 1768. tech-heavy nasdaq with a gain of 43 points, but when you watch the dow jones industrials up about 1450 points right now -- 150 points right now, what's interesting is it crawls back up above the 200-day moving average. that's a good, telltale sign. but the question is whether or not it holds that level. analysts will be watching that closely. vixx has been the lowest level since we've seen since last trued, so things have reserved to a certain extent. however, we are still down for this week. we did get in some good news from disney, so we've seen some up arrows on some of these companies, been helping the ddw along as well. back to you. dennis: all right. thank you, nicole. and some of the biggest stocks on the street already in correction mode with more than half of the s&p 500's companies down 10% or more from recent highs. rob hover morgan -- morgan joins us now, and, rob, is this profit taking or are investors losing hope? >> well,

jones industrial average. this is why you have an upgrade from morgan stanley. dennisews. >> time for the fox business stock greater. you are betting big on technology. let's talk about beer. this is one of your top picks. why would this be a year for them? >> we see value. we are value managers. there are not any real value stocks out there. we think that this company is growing around four-5% on the topline growth. this is -- sandra: i want to compare it against a course. tonight they are more focused on the emerging markets. it will ignite future growth within the revenue lines. sandra: this is somebody that could actually benefit as well. >> we are pointing towards more quality here. sandra: anything technology that this is not a data company. >> capital spending in technology will gradually improve. over the last five years, technology spending has been below gdp levels. something we have never seen before. you want to be in the leader. i am curious what you are seeing in the forecast. operating margins will expand. they have been able to do that over the last thr

dennis: the most at were birthday post on facebook. sandra: i will drink to that. a beer drone. details on that next. ♪ [ telephone rings ] [ shirley ] edwa jonesill, how areou? how was the trip? [ male announcer ] with nearly 7 million investors... [ shir] he's right here. hold on one sec. [ malennouncer ] ...you'd expect us to have a highly skilled call center. kevin, neill holley's on line one. ok, great. [ male announcer ] and we do. it's how edward jones makes sense of investing. ♪ it's how edward jones makes sense of investing. peace of minis important when so we provide it services you bucan rely on. you'll experience reliable uptime for the network and services y depend on. multi-layered security solutions keep your information safe, and secure. and responsive dedicated support meets your needs, and eases your mind. centurylink. your link to what's next. ♪ sandra: tomorrow marks a milestone in the world of social media did facebook is turning ten years old. on february 4, 2004, mark zuckerberg and a few friends launched the website as a way for college students to look up pictures on each other. its growth as a business is astounding. i