among industrials caterpillar beat expectations as did 3m, gm and ford. apple, yahoo and yelp beat expectations and ibm and amazon fell short big time. new home sales rose slightly. up 0.2% to a seasonally adjusted rate of 460,000 above estimate thiensest pace since july of 2008. you will be able to contribute more to your 401(k) next year. the irs is expanding the limit by $500 to $18,000 a year. if you are over 50 the additional catchup contribution will be $6,000 from 5500. the stocks moved from a state of fear to state of euphoria in one week. many worries seem to have melted away. it is deserved? what does it mean for your money. joining us is rebecca patterson who's chief investment officer ats be mer trust and chief u.s. economist at deutsche bank. thank you for being here today. i want to talk about what happened over the last week. we had all of these worries about ebola, europe and rebecca, none seem ito have gone away an our perception seems to have changed. >> i think we have a better perception of them. and a few data points on earnings and e

when 3m reported, it delivered on every line item, with the innovations being reported for a sizable portion of the beat. what did honeywell and 3m do? nothing that they haven't done consistently. lastly, how about the people who sold disney down 10% from its high because of worries about theme parks being hurt by ebola. short-sighted? you can only hope that someone else will be disappointed with the company when it reports next week, especially disney's just a few months from the new "star wars" debut. remember that acquisition? supposed to come into play in 2015. that's around the corner. i bet disney's bob ieger bought back a ton of stock during the recent dip. at least someone took advantage of that dislocation. it wouldn't shock me if two big-time losers today, facebook and starbucks, both of which severely disappointed in their guidance, and i mean severely, could come back after running right into the quarter. we'll have to see. here's the bottom line. best of breed stocks don't sell off much and they don't stay down long when they do. when you get a chance because someone's squawking about fed frightening

. >> the dow did hit a new all-time intraday high. >> will you look at what a 3m can do here?n boeing which everyone decided was a terrible quarter is moving up. boeing. alibaba was momentarily over par. >> ge? >> the industrials are the unhung heroes of this reporting period. they turned out to be doing -- they were the most pushed down because people felt europe, asia were going to be weak. they came in with the most compressed multiples and they have surprise. look at dave cody. look at that thing. >> $97. >> not only that, when we threw a rager next door to him, like an all-night party, he said nothing. he understood it was the business i had chosen. >> did he come over? >> no. he's come over. he's a great guy. >> bob pisani, over to you. >> what a rally we have going here. take a look at where the global assets are now. japan, seven-year high. china, shanghai index. 20-month high. u.s. dollar at a four-year high. oil at a two-year low. i don't have gold up there. gold at a four-year low, as well. one heck of a rally going on in europe, as well. we had a wild day in german

3m. be careful. does this stuff go on? i'd love to say it did.ple are short defense stocks after what happened with lockheed martin. you have a lot of companies delivering numbers that aren't supposed to. that's why you get this kind of thing. >> face week at an all-time high. take a listen to this. [ speaking mandarin ] >> i'm not jealous of him at all. >> he is explaining his chinese is rough and appreciates having the opportunity to practice, and learning the language for his wife priscilla who is chinese and her family. my wife is fluent and made her listen last night. she said his accent sounds like he is obviously just learning, but his vocab is amazing. how you learn that and run a $200 billion market cap company is amazing. >> back to the idea, we have people who run -- let me show american pride. my old friend larry cutler would do that. google is an american company with worldwide dominance. he goes to china and wows them. my mother would be ashamed of the way he dresses, but you're allowed to dress that way when you are as accomplished

did cross the 100 point mark. look at names within the dow jones industrial average that are setting some records of their own. looking at names hitting 52-week highs, or all-time highs. home depot, 3mproctor & gamble and nike and travelers. nike came out with earnings that beat the street. there is a look at home depot up half a percent. proctor & gamble is spinning off duracell. a lot of stories within story. you do have a rally underway. remember all the selling? look at that. getting close to 17,000. melissa: nicole, thanks so much. a little southern discomfort for tlc. discovery cancels another show amid controversy, raising big-time financial concerns for the company and network. >>> solving the ebola crisis. we talk to a company working on a life-saving vaccine while jon stewart gives his two cents on quarantines. smart money coming up next. >> got to say, a tent with no heat, no shower [bleep] in a box. still think most new yorkers would be like, what is the square footage? [laughter] new york state ijump-starting business with startup-ny. annprecedented program that partners businesses with universities across the state. for better access to talent, cutting edge research, a

did a good job. it's not really an issue. there are other companies in the chemical space that haven't done as well. there are a lot of different divisions doing okay here. is it 3m? no. most companies aren't 3m. >> right. >> it's okay. it's better than it used to be. >> how about pfizer which we talked about in the past, of course. famously sort of brought inversions to an in attempts to buy astrazeneca. it got the attention of people. >> i like lyrica, the drug itself, and the numbers. it's a great nerve block pain block. the buyback was extraordinary. this is the anti-celgene. lyric af lyrica. not that they didn't spend a lot of money on r&d. $1.8 billion in the course. >> you want r&d spend you go to david pyle who was on "mad money" last night. allergan under attack. if you spend that much money on r&d, i want to see new drugs. merck, there is nothing to write home in that one either. you go over celgene. just creating drugs by the day. i want companies that grow. >> while we are at it, and we'll get to this, sanofi shares are going to be down. >> fierce pharma, here is the headline, don't fire me. david, don't fire me. don't fire me. >> they are citing comp