. >> we are back in focusing on the ongoing turbulence at deutsche bank. after a string of scandals that have kept it in headlines recently, the bank has revealed it ended 2012 by plunging to its worst result in four years with the loss of 2.2 billion euros. management attributes the losses to restructuring costs and large sums set aside to cover look -- to cover legal costs. >> it is london's largest lender and is still having problems reshaping its business to meet new regulatory requirements. >> deutsche bank's new management are having a tough time. the company is facing a slew of lawsuits and investigations. accusations ranging from involvement in fraudulent dealings in carbon emissions certificates to fraud over the libor interbank lending rate. the bank is charged with cleaning up its act. >> let me say first of all that the results of the fourth quarter 2012 were unsatisfactory for all of us, but they were evidently result of the measures we have taken to make our future strategic direction sustainable. >> the joint chief executives say they want a

deutsche bank chief economist joins with his outlook on the market's direction next. with the spark cash card from capital one... boris earns unlimited rewards for his small business. can i get the smith contract, ease? thank you. that's three new paper shredders. [ boris ] put 'em on my spark card. [ garth ] boris' small business earns 2% cash back on every pchase every day. great businesses deserve unlimited rewards. read back the chicken's testimony, please. "buk, buk, bukka!" [ male announcer ] get the spark business card from capital one and earn unlimited rewards. choose 2% cash back or double miles on every purchase every day. told you i'd get half. what's in your walle lou: chief global economist from deutsche bank joins us to give us assistance for what appears to be an improving economic recovery, certainly improving market. pending home sales today higher. stocks rallying for the second great session. take that, naysayers. the dow above 14,000. the nasdaq up 33, the big board volume 3.5-liter shares about work has been on average. homebuilders among the lea

deutsche bank chief economist joins with his outlook on the market's direction next. lou: chief global economist from deutsche bank joins us to give us assistance for what appears to be an improving economic recovery, certainly improving market. pending home sales today higher. stocks rallying for the second great session. take that, naysayers. the dow above 14,000. the nasdaq up 33, the big board volume 3.5-liter shares about work has been on average. homebuilders among the leading stocks today. industrial stocks rising on the report. financial stocks leading the rally, jpmorgan chase, goldman sachs, bank of america, and it makes mighty market gold continuing the volatile down $20 now settling $15.9570. the dow closing in on a new record just a few points shy of the all-time high set in 2007. joining us now, prospect of a dow record, chief global economist deutsche bank advisors. i absolutely love this on wall street, we see the market move against them, suddenly after all of the geniuses whether it is from pimco, whoever it may be talking down stocks and a of a sudd

economist for deutsche bank security. good to have you here. your year.ean, we have people walking around with long faces. all parts of the country because they're unemployed. the economy is contracting. and they just don't understand how nice it is to be on wall street. >> well, it is chilly down on wall street. i assure you. but we are seeing some positive signs in the economy. so, yes of the fourth quarter did not look so great. the best top-level gdp number. but when you look beneath the surface we see some important undercurrents. does green shoots cut consumer spending. lou: seeing that come back. >> consumer spending is picking up. the investment which had been contracting. nav is picking up again. the housing market is picking up. but the domestic economy looks decent. it needs time to run until that an employ rate is down, but it increasingly looks like we are building some momentum. lou: you know, i really am. and i am delighted to see your optimism and to hear that the bright outlook, but i am concerned. consumers are getting hit from taxes. th

deutsche bank senior economist about how long the good times will roll.ey, it's me, progressive insurance. yep, there i am with flo. hoo-hoo! watch it! [chuckles] anyhoo, 3 million people switched to me last year, saving an average of $475. [sigh] it feels good to help people save... with great discounts like safe driver, multicar, and multipolicy. so call me today. you'll be glad you did. cannonbox! [splash!] legs up, legs up, legs up ! red hot deal days are back. let nothing stop you. good job ! it's red hot deal days. get the nokia lumia 822 in red for free and discover all the things to do on the go with city lens. or the droid razr m by motorola in pink for $49.99. everything droid does in an edge-to-edge display. hurry in, because the sale ends february 20th. powerful devices. powerful network. verizon. ♪ lou: industrial production below expectations, down by a tenth of a percent last month. deutsche bank senior economist joining us here in just a moment to tell us what to expect. consumer confidence, we ind out , was stronger than expected last mon

deutsche bank senior economist about how long the good times will roll.re these really good times? first the boys used double miles from their capital one venture card to fly home for the big family reunion. you must be garth's father? hello. mother. mother! traveling is easy with the vture card because you can fly any airline anytime. two words. double miles! this guy can act. wanna play dodge rock? oh, yoguys! and with double miles you can actually use, you never miss t fun. beard gring contest ango! ♪ i win! what's in wallet? that your mouth is under attack, from food particles and bacteria. try fixodent. it helps create a food seal defense for a clean mouth and kills bacteria for fresh breath. ♪ fixodent, and forget it. ♪ lou: industrial production below expectations, down by a tenth of a percent last month. deutsche bank senior economist joining us here in just a moment to tell us what to expect. consumer confidence, we find out , was stronger than expected last month. stocks mist on the 45 mixed on the final trading day. isn't the nasdaq moving lowe

economist for deutsche bank joining us in moments with his thoughts.t's review the action on wall street today. new-home sales rose to their highest level since july 2008. and the median price of a home rose. the fed lower rate policy seems to be open the real-estate market. as for stocks, the dow rallied 115 points, s&p gained nine, nasdaq up 13. volume on the big board. two major stock stories today to tell you about. j.p. morgan announcing it will fire 4,000 workers in its consumer banking division. not impressed with that. and stock lost a dime. apple stock rallied on the river that stock. no comment from apple. despot in to the rumor. perhaps concern about inflation could be seen in gold which rose by double digits again today after $28.90 per ounce, the biggest one day gain so far this year. settling at 1,615 and $0.50 per ounce. oil for its part lost $0.48 on the barrel. in the bond market treasury to new york pushing lower closing. so, ben bernanke given the dead money policy debate in the semi-annual testimony to congress saying it would help

deutsche bank senior economist about how long the good times will roll.re these really good times? hi, anne. how are you doing? hi, evelyn. i know it's been a difficult time since your mom passed away. yeah. i miss her a lot, but i'm okay. wow. that was fast. this is the check i've been waiting for. mom had a guaranteed acceptance life insurance policy through the colonial penn program, and this will really help with the cost of her final expenses. they have been so helpful and supportive during this time. maybe i should give them a call. i really could use some more life insurance. is it affordable? it costs less t that's pretty affordable, huh? less than 35 cents a day? that's less than the cost of a postage stamp. so, you said it was guaranteed acceptance? yes. it's permanent coverage with guaranteed acceptance for people ages 50 to 85. there's no medical exam health questions. you can't be turned down because of your health. it fit right into mom's budget and gave her added peace of mind. you should give them a call or look them up online at cpdirect.

deutsche bank does anyway. >> yeah, interesting deutsche is calling for the euro dollar move. imply it is going higher. and the dollar strengthens here. anything more than 120 is a problem for all of us. people are talking about gasoline prices but gasoline prices haven't gone up as much as crude. i think we are getting into the concern once we are above 120. a gentle out performance against the market and that is plenty for us. >> thank you, paul. you you have to come back very soon. >> sure. >> big week for media earnings is upon us. our julia boorstin spoke exclusively with the ceo. julia? >> that's right, tyler. time warner ceo tells me he made changes to position time warner to thrive in the digital landscape. i will bring you more from my exclusive sit down with him coming up. tdd#: 1-800-345-2550 this morning, i'm going to trade in hong kong. tdd#: 1-800-345-2550 after that, it's on to germany. tdd#: 1-800-345-2550 then tonight, i'm trading 9500 miles away in japan. tdd#: 1-800-345-2550 with the new global account from schwab, tdd#: 1-800-345-2550 i hunt down opportunit

the latest is the side traders suspended, and more heads could be rolling there at deutsche bank. cheryl: we'll watch the sphok, down 1.5% right now. >> sure. cheryl: all right. president obama's offer under attack. andy, outspoken ceo of cke restaurants, tells us why he's unhappy. dennis: barnes & noble shutting stores across the country, not good on authors relying on book signings to sell the stories. we have one guy, though, whose a new approach. cheryl: implications ahead of the postal service ending saturday delivery. a one-on-one interview with the postmaster general is coming up in 16 minutes from now. ♪ [ male announcer ] at his current pace, bob will retire when he's 153, which would be fine if bob were a vampire. but he's not. ♪ he's an architect with two kids and a mortgage. luckily, he found someone who gave him a fresh perspective on hisortfolio. and with some planning and effort, hopefully bob can retire at a more appropriate age. it's not rocket science. it's just common sense. from td ameritrade. making the big romantic gesture. that's powerful. verizon. get a nok

that's the line from deutsche bank here. it's a pretty positive one because, obviously, it benefits from this renewed share buyback program and analysts see a slightly positive impact on etf estimates. apart from that, l'oreal hiked its dividend by 15%. that's another positive. and the only fly in the ointment as you pointed out is the slowdown in luxury sales in the fourth quarter slowing to 6.2%. if you go back to the first quarter of 2010, we saw -- '12, rather, we saw rates around 12%. but this is not what investors seem to be worried about today. stock up by over 4%. back over to you. >> carolyn, thanks so much for that. michelin has raised its dividends. the world's second biggest carmaker posed to hold on for the year even as sales volumes remain flat. >> and in luxury news, airmiss has posted its own forecast. the maker of the iconic handbag says asia continues to be the group's major driver of growth. shares, though, not too excited about it. the last time we checked in, they were weaker. so they are at least flippi

the swiss banks and deutsche bank are the ones that have had the biggest run higher. they are the most higher. >> to anton's point, though, when you look at the volatility of the financials, in the single day, you aren't seeing the explosive moves in the imflipped volatility of these options yet, if that's exactly the strategy you want to do. we talked about for weeks how rolling out of long stock positions as we got through 1,500 and getting into option position, because they are so inexpensive to the upside. you're not getting hurt to those that are long bank of america calls, citi calls, goldman sachs, morgan stanley, go through the list. >> so, are you getting paid to sell vol here? >> not enough. you aren't getting paid enough yet. i mean, it's a single day. we were talking about this morning trading near the 52-week high of the xlf. you did not see the explosive move to start selling those premiums. >> okay. time now for pops and drops. the big movers of the day. let's start with a pop, barnes & nob noble, popping 11%. karen? >> yeah, you don't see that very oft

. >> germany's largest bank, deutsche bank. it is one of the financial institutions deemed too big to fail. if it collapsed, it could bring down the entire economy. that means it would have to be bailed out by the taxpayers. but the german government wants to change this state of affairs. >> we want banking regulations to assure that if a bank fails, taxpayers will not be liable. and that the repercussions of systemic risks for the financial sector are contained. >> under the new law, bankers guilty of behavior that jeopardize their bank could go to jail for up to five years. banks will be required to keep their retail businesses separate from their riskier business activities, and they have to prepare any emergency plan or a will that does not rely on taxpayer money for restructuring or winding down if they get into financial difficulties. the new rules could put a dent in the profits of germany's largest banks because they will have to hold more capital to cover higher-risk investments. the bundestag will have to approve the

. >> why pick on bcs opposed to deutsche bank or another one? you can short them, but bcs in particular, start, to to see a capital outflow from the uk. you see the bonds and their stock market going down at the same time. not a good sign. >> karen? top trade? >> apple actually. >> apple? >> apple calls. i'm very instreaked by this iron horn stu einhorn stuff. i think there's potential for an event here. >> and dr. j? >> also apple. i spoke with karen finerman this morning. >> yes. >> and because i listen to what mr. einhorn said and the stock opened in the pre-market right when you guys were talking about it, the stock ran to $4$466, pulled to $454. when it opened, i sold puts like crazy. the stock ripped all the way to close nearly $470 and i think if we get another close over $465, that critical area that we've been talking about, then i this i the stock does go a lot higher, into that conference next week. goldman sachs conference with tim cook speaking. >> this is a short-term trade or that a bottom has been put in the stock? >> again, with

for a john work for deutsche bank and lehman brothers john butler welcome back to the kaiser report thank you max always a pleasure all right now john butler interesting phrase picked up from your book actually that failure pays more than success in this banking industry talk about that a little bit well if you look at the financial crisis and look at how we got into it obviously banks played a central role they took on too much leverage they didn't capitalize themselves enough against the risks they were taking now some of them say they didn't understand the risks they were taking i think these people are a bit too clever and sophisticated to not have understood to a tremendous degree the risks they were taking but isn't it tempting if you don't capitalize your firm sufficiently against the risks are taking it allows you to pay out more in salaries and bonuses and then if for if you do sail too close to the wind and you do get taken out by a financial crisis but then you get bailed out when you got paid twice didn't you upfront with the bonuses that you shouldn't have paid out because th

for a john work for deutsche bank and lehman brothers john butler welcome back to the kaiser report thank you x. always a pleasure all right now john butler interesting phrase picked up from your book actually that failure pays more than success in this banking industry talk about that a little bit well if you look at the financial crisis and look at how we got into it obviously banks played a central role they took on too much leverage they didn't capitalize themselves enough against the risks they were taking now some of them say they didn't understand the risks they were taking i think these people are a bit too clever and sophisticated to not have understood to a tremendous degree the risks they were taking but isn't it tempting if you don't capitalize your firm sufficiently against the risks are taking it allows you to pay out more in salaries and bonuses and then if for. if you do sail to close the wind and you do get taken out by a financial crisis but then you get bailed out when you got paid twice didn't two up front with the bonuses that you shouldn't have paid out because they

for a john work for deutsche bank and lehman brothers john butler welcome back to the kaiser report thank you max always a pleasure all right now john butler interesting phrase picked up from your book actually that failure pays more than success in this banking industry talk about that a little bit well if you look at the financial crisis and look at how we got into it obviously banks played a central role they took on too much leverage they didn't capitalize themselves enough against the risks they were taking now some of them say they didn't understand the risks they were taking i think these people are a bit too clever and sophisticated to not have understood to a tremendous degree the risks they were taking but isn't it tempting if you don't capitalize your firm sufficiently against the risks are taking it allows you to pay out more in salaries and bonuses and then if for if you do sale to close the wind and you do get taken out by a financial crisis but then you get bailed out when you got paid twice didn't you upfront with the bonuses that you shouldn't have paid out because they d

for a john work for deutsche bank and lehman brothers john butler welcome back to the kaiser report thank you max always a pleasure all right now john butler interesting phrase picked up from your book actually that failure pays more than success in this banking industry talk about that a little bit well if you look at the financial crisis and look at how we got into it obviously banks played a central role they took on too much leverage they didn't capitalize themselves enough against the risks they were taking now some of them say they didn't understand the risks they were taking i think these people are a bit too clever and sophisticated to not have understood to a tremendous degree the risks they were taking but isn't it tempting if you don't capitalize your firm sufficiently against the risks are taking it allows you to pay out more in salaries and bonuses and then if for if you do sale to close the wind and you do get taken out by a financial crisis but then you get bailed out when you got paid twice didn't you upfront with the bonuses that you shouldn't have paid out because they d

for a john worked for deutsche bank and lehman brothers john butler welcome back to the kaiser report thank you max always a pleasure all right now john butler interesting phrase picked up from your book actually that failure pays more than success in this banking industry talk about that a little bit well if you look at the financial crisis and look at how we got into it obviously banks played a central role they took on too much leverage they didn't capitalize themselves enough against the risks they were taking now some of them say they didn't understand the risks they were taking i think these people are a bit too clever and sophisticated to not have understood to a tremendous degree the risks they were taking but isn't it tempting if you don't capitalize your firm sufficiently against the risks are taking it allows you to pay out more in. salaries and bonuses and then if if you do sail too close to the wind and you do get taken out by a financial crisis but then you get bailed out when you got paid twice didn't you up front with the bonuses that you shouldn't have paid out becaus

for a john work for deutsche bank and lehman brothers john butler welcome back to the kaiser report thank you max always a pleasure all right now john butler interesting phrase picked up from your book actually that failure pays more than success in this banking industry talk about that a little bit well if you look at the financial crisis and look at how we got into it obviously banks played a central role they took on too much leverage they didn't capitalize themselves enough against the risks they were taking now some of them say they didn't understand the risks they were taking i think these people are a bit too clever and sophisticated to not have understood to a tremendous degree the risks they were taking but isn't it tempting if you don't capitalize your firm sufficiently you get the risks are taking it allows you to pay out more in salaries and bonuses and then if if you do sale to close the wind and you do get taken out by a financial crisis but then you get bailed out when you got paid twice didn't you upfront with the bonuses that you shouldn't have paid out because they didn'

so, you short deutsche bank here, db. >> a lot of drunk people out there right now. i'm melissa lee, thank you for watching. see you tomorrow at 5:00 for more "fast money." got the ceo of yelp tomorrow. . >>> i am jim kramer, welcome to my world. >> they are nut, they know nothing! >> i like to say, there is a bull market somewhere. >> "mad money." you can't afford to miss it. my job is not to entertain you but educate you. yesterday's hideous, awful, terrible market. where, we got hammered for more than a percent. bringing out the nasayers. house of pain. house of pleasure. it climbed 99 points. the nasdaq. 1.29%. i understand the importance of answering that question. when we get a pull back, i tell you, buy buy buy. buy this one. pull back on a pullback, when we get one like yesterday, i don't see people buying the pullback. i see people selling the pullback. people want to ring the register. people don't want to be greedy. nevertheless, i feel strongly that you don't back away when they throw a sale here. you don't back away on the pullback like yesterday. you ha

today, you hear about deutsche bank talking about the fact that they are hot on what they are seeingty, and truila has numbers better than expected. it opened at $30, and look, the big picture here talking about the fact that we increase our estimates and, also, our price target, and to have continued upside potential in tail winds. in the u.s. real estate sector, housing stocks are something to look as well well. truila, the ipo last september, and now it's at now highs. back to you. liz: not bad. the dow pairedded nearly all losses and is down just nine points at the moment. this, after being done more than 45. in fact, the worst of the session was down 66. here we go. looking slightly better at the moment. xoom, with an "x," xoom is booming. it's an online money transfer company. listen to this. it's a great story. they priced the ipo at $16 a share, actually above expectations. it opened on the nasdaq, shot up to 21. it's now seeing gains of 43.5%. ceo and president john kunz is smiling today. >> thank you very much. liz: you've been with the company eight years? >> yes, eight ye

but deutsche bank calls 2013 the year of the house. romans, cnn, new york. >>> in the middle of practice, lee ann? >> you can thank me later. >> this team is your family, michael. you have to protect them. tony is your quarterback. you protect his blind side. when you look at him, you think of me. >> yes, ma'am. >> sj, you're going to want to get this. >> wow. >> a lot of people know michael orrer as the subject of a popular book and movie "the blind side" but also helped lead the baltimore ravens to this year's super bowl. joining us now from new orleans -- i can say that -- lee ann tooley portrayed by sandra bullock in the movie. and i don't think sandra would mind me saying that, you're much better looking than sandra bullock in that movie. and her son, her other son, sj, is there with her, as well. so how are you doing, lee ann? how are you doing, sj? are you guys all right? >> can't complain. being here at the super bowl. >> i know, i'm sure you guys are full, stuffed with food and with drink. so mom, which is more exciting for yo

. >> relatively new to this is cosmopolitan owned by deutsche bank, a high-end salon aimed at asian gamblers a little over a year ago. >> our revenues have been 25% over what our projections were when we went to build it. the international visitors spend about 25% more than a domestic visitor. >> the funny things, earnings there hit a rough pack, it's seting a record. >> spend a lot in retail, foods and hopefully a lot of money at the table. >> jim says there may be slowdown in growth from chinese gamblers but we've never had a down year. they have been joined by thousands more asians from canada. more from cosmopolitan ceo, including my he thinks vegas is a leverage play on the housing recovery. michelle. >> that sounds super interesting. tell me, jane, not just gambling revenues. don't they spend a ton of money on fancy dinners for the chinese new year. >> they are going to louis vuitton. we're at one place bellagio, $500 a plate dinner. table is set. flew in china from china. eight to a place, important, dom perignon, whole thing. >> here to discuss the chinese impact on the economy but f

david bianco from deutsche bank.baltimore ravens claim super bowl victory. but the game last night also revealing winners and losing in advertising, entertainment, and of course power management. the third hour of "squawk box" starts right now. ♪ >>> back to "squawk box" here on cnbc, i'm andrew ross sorkin along with becky quick and steve liesman. joe kernen is off today. u.s. equity futures at this hour. can you see them right there. got some red arrows across the board. dow looks like it will open up about 54 points off. nasdaq off a little over six points and the s&p 500 would open off a little over five points. friday the dow closed above the closely watched 14,000 level for the first time since 2007. now, just 154 points from its all-time closing high and we've got a big lineup to cover the markets this morning. a lot of people want to talk to you. barry knapp and ian shepherdson are still with us. also david bianco, chief u.s. equity strategist at deutsche bank. we're also going to be talking to van guard's ja

but deutsche bank calls 2013 the year of the house. christine romans, cnn, new york. >> edmonton tryly warm and cold temperatures, tornadoes, flood, and snow. a wild week of weather. we'll tell you what's causing it. >>> and a new twist in the murder trial of a woman accused of stabbing her boyfriend more than two dozen times. ...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. for over 75 years people ...with geico... ohhh...sorry!. director's voice: here we go. from the top. and action for over 75 years people have saved money with gecko so.... director's voice: cut it! ...what...what did i say? gecko? i said gecko? aw... for over 75 year...(laughs. but still trying to keep it contained) director's voice: keep it together. i'm good. i'm good. for over 75...(uncontrollable laughter). what are you doing there? stop making me laugh. vo: geico. saving people money for over seventy-five years. gecko: don't look at

liz: that probably is a part of the reason i think that deutsche bank and barclays have both raised their. barclays has overweight rating for you. this is obviously a company where analysts love to believe it will do well. the disappointment of 3/4 of -- they get a little anxious. you have higher profits because you figure out the cost. chicken wing prices moderating 20 cents in the past couple days? >> about the past week or so, almost 20 cents. and you know as rapidly as they rose in 2012 they could fall just as rapidly as they did in 2011. certainly we try to focus on the things we can control. we have great fundamentals so operationally very strong. we have a strong menu. we're in the process of remodeling and unveiling a whole new restaurant design, getting great feedback on that. so as long as revenues stay strong and, that's our goal is to drive revenue. liz: okay. >> we can control other things on the income statement. liz: let's just put this into perspective. while the stock is down 10% year-over-year, over the past five years this stock is up 223%. sally, thanks very much for c

net effect on the sector, deutsche bank says medicare advantage rates could be down 5 to 6% and as much as 9 to 10% when you add in sequestration potentially. been among the best performers, up 9% but down led by humana, which saw 63% of revenues from medicare advantage last year. they are warning this morning they are closely monitoring the impact of the effect of these negative rates. that could impact earnings in 2014 and ability to grow membership. plans like humana and united will survive even if rules go in as proposed. they have capital and infrastructure. smaller plans may not be able to take such a big hit. rules will not be finalized until april 1st. no doubt pushback from industry on the hill. a fund manager says the outlook is for continued pressure on insurers in 2014. of course, tyler, that's offset by the growth in medicare. 10,000 boomers turning 65 every day. >> yeah. we're watching this unfold. super interesting. thank you so much, bertha. shares of office depot and officemax, news they might be merging. because the two are struggling they are not expecting antitrust c

seven trade verse now been suspended from deutsche bank due to involvement in rate-rigging there. still being investigated. just three have settled, and that's with regulators. private litigation will ramp up soon, too, since rates were, in most cases, rigged lower. fixed income investors were cheated out of billions in potential investment. blackrock and fidelity among those weighing lawsuits and investigations are under way at the state level to see how much income is owed to pensions and endowments. a pew reports it's at least $6 billion. even fannie and freddie may have lost $3 billion on interest income in artificially low interest rates. libor will end up being more costly for the banks than the mortgage mess and upwards of $5 billion. when you see how endemic this scandal actually was, maria and bill, it's not hard to see why. >> that's for sure. kayla, thanks very much. i never understood why mortgages were tagged along. i asked what's libor? >> he didn't know. >> comforting to the bull. the market is coming down, just a point and a half. i'm telling you, we could finish p

deutsche bank came out with a little bit of a carb nationry tone. about 5 million incremental costs to the flu numbers. they found it to be puzzling. they wonder whether it will affect the next set of numbers. a him cautionary tone in that factor. it is up 11%. year-to-date it is up almost 20%. so far so good. we'll watch the quarter going forward. david: nicole pettalides, have a fabulous weekend. you get out of there too. liz: thanks. the blizzard is barreling into the northeast as the region braces for what is expected to be record amounts of snowfall. david: we have the very latest on the storm. justin, it is already a whiteout up in boston. what about the rest of the northeast? >> well for many residents all the way from new york city to boston, even portland, we will see whiteout conditions over the next 12 to 18 hours. this will definitely be one for the record books as we have two pieces of energy coming together right now. and this one storm system, right off the eastern seaboard, really strengthening, really deepening quickly. that will le

today deutsche bank joined in but bouncing back with traders seeing the recent move to down side as abuying opportunity. also news that former co-ceo sold his stake in the company. also another mover, eye on directv, off of its highs. one of the top performing stocks on the nasdaq 100. good earnings fuelled by increase in subscribers. stock up .2%. some sectors we we are watching. social media liked today. facebook, groupon, staging a come back. biotech underperforming even though regeneron growing. you can see regeneron and alexion and affymax. >> thanks, seema. back to the bond market. rick santelli tracking action at cme for us. over to you, rick. >> thank you very much. supply is done. 72 billion taken care of. are we selling off? no, we're not. on the day, even with the roll of the new guy yesterday, 30s very similar. can you see after 1:00 eastern, we started to get more buying. that roll will alter how some of the charts look tomorrow for the third year. let's switch gears a bit. let's look at euro currency. if you look at two-day chart of the euro, we have been talking about t