dom, thank you. dan, you are looking at an apple trade here. >> yeah, i am.pple started selling off before the market started selling off. it was a very consensus long trade there. that might have been part of it. when you think about the move that the stock had into that late august selloff it was pretty exasperated. it's kind of settled down here. look at that chart. i think there's some pretty identifiable technical levels. 100 support on the down side. 120 was the level it broke down from prior to that flash crash low on the monday. so to me i think there's a range there. i also want to identify -- not the 1,000 point drop on the dow. >> right. i think it's important to identify what are the identifiable catalysts. the iphone 6s and 6 plus. the following monday they're going to announce how many phones they sold over the weekend and with the presales. then the week of october 20th we'll have the fiscal q3 earnings. you'll look out and see if you want to make a trade to target that 120 level. >> also notice that china was among the first countries that the

dom chu's got the details at headquarters. dom?oring team at cnbc pro reached out to a number of different traders and analysts on wall street to see how they would play the stock market given what just happened, what just transpired at that big apple event today. and hear how a few of those ideas came to fruition in terms of trade. so first off, definitely interesting to see that representatives from different companies came up to show their products work with all those apple devices. one of them was adobe. some pros looking at buying adobe stock on the heels of that presentation, the thinking being that adobe's one of the companies that's really getting behind the new ipad pro and developing applications to help turn it into a real pc replacement. others are taking a look at buying video game publishers like electronic arts and activision. the new apple tv release and iphone upgrades cowan leash a wave of console-quality gaming capabilities. traders looking at those booms to game development sales but not just about buying. some

dom chu back at hq.on chico's. >> the women's apparel retailer is up 11% on very light volume. 10,000, 11,000 shares of volume. this after bloomberg headlines that chico's is said to be weighing a possible sale of itself and has been approached by some private equity buyers including sycamore partners and this is according to people familiar with the matter. you can see those shares in the extended hours trading. the story goes on to say, though, a person familiar, that sycamore has already made an offer and is trying to line up financing while talks continue with other potential bidders. you may recall that these parties were also rumored or talked about earlier this year as potentially being a part of deal talks again. so it appears as though with this particular bit of news they are renewing some of these talks. again, according to a bloomberg report citing sources familiar. we'll keep an eye on those shares, but for right now again, only about 10,000, 11,000 shares' worth of volume. back over to you,

>> jimmy: when i say "free," you say "dom." free! >> dom! >> jimmy: here we go! freedom!reedom. >> jimmy: guy in the suv! guy in the truck! ♪ [ cheers and applause ] ♪ >> announcer: from 30 rockefeller plaza in new york, it's "late night with seth meyers." tonight -- andy samberg, from the cleveland cavaliers kevin love, writer and director, m. night shyamalan, featuring the 8g band with abe laboriel jr. ♪ [ cheers and applause ] ladies and gentlemen, seth meyers! [ cheers and applause ] >> seth: good evening, everybody. i'm seth meyers. this is "late night." how is everybody doing tonight? [ cheers and applause ] friday night, everybody. friday night. let's get to the news. after donald trump attacked him on several issues yesterday, second place gop candidate, dr. ben carson, told reporters

dom chi is back in headquarters to explain. dom?melissa, tis the season for the seasonality stats of how the q4 does. and remember, everybody says it is a strong time of the market. so take a look at the overall stats. they krufrmged the -- crunched the numbers and going back to the 1920s. the s&p 500 on average is up 2.5% in the fourth quarter. and it is up 72% of the time. so nearly three out of every four years. that tells a positive story. but what happens if we're negative year-to-date going into the fourth quarter. the numbers change a little bit. check this out. because we looked at those numbers as well. there were 30 times when the s&p 500 has been negative year-to-date ending the fourth quarter. when that happens, in the 30 instances, you can see here, we end up negative again in the s&p 500 for the fourth quarter about half of the time. 47%. so a little bit off a coin toss. and the average return here is down three quarters of 1%. or close to that. and now the median, the middle observation is up 2%. but over all, melissa

back over to you guys. >> dom chu, thanks very much.e adami, what do you make of the carnage in the semiconductors specifically? >> they've been under -- well, if you want to throw micron in there, micron is trading as if were drm prices were going to zero which may in fact happen at some point. i don't think it's going to happen in the next couple days. this overshoots on the up side and we said it just as well overshoots on the down side. you've got to stay away until those names stabilize. intel had a nice day the other day and it was a lousy tape but that's people just trying to play stock market. the one that sticks out like a sore thumb continues to be qualco qualcomm something's absolutely got to give in qualcomm. i don't know if it's going to be an activist, they split the company up. something's got to happen because this stock has trade poordly for the last almost 18 months. >> qualcomm has china exposure and in a tape like this even if something happens it may not be anything -- >> we thought we'd priced in all the bad news o

dom chu has been looking this over and not an easy task, dom. >> is not. these are wide -- more widely held because they are in thesome & p 500 large cap index but not amongst the most widely held, not the at&ts or googles or apples of the world but decided to screen for them. thesome and p -- the s & p 500, 500 companies in the s and pable looked for on the ones positive during that stretch since the close on august 17th. 500 stocks becomes just 17, guys. of those 17, we look for only the ones that still have year-to-date gains, meaning they not only weathered the storm here but still had some medium-term strength in the market. that 17 gets down to just five. here are the five stocks, all right? you got some great names. cameron international, smucker's agl resource and signet jewelers, up from marginal games, hospira, up to that 33% gain for cameron. now, three of these five companies have one thing in common, we are going to show you now, x them out now, hospira, cameron and a gl resources, agp, if you look at those three, those are all names that are

mark doms. for the first three years he served secretary in the economic affairs in department of commerce, in that role he had three main responsibilities, first mark led the economics administration, which includes two of the data organizations, the census bureau and economic analysis. agencies collect information on dynamic population and economy publishing vital data to nation's citizen, leaders. the census bureau and bureau of economic analysis combine have over 10,000 employees and have a budget of over $1 billion. the responsibility of being top adviser, open data, trade, manufacturing, taxation, innovation, immigration and education. his contribution was often about what data can be used to better understand the issue at hand. his third responsibility was leading the commerce responsibility strategic plan for data transformation. he developed a strategic plan making sure it's optimize to benefit american businesses and people. dr. doms served as chief economist. frequently met with busin

this guy does it to the beat dom, dom, dom. actual art form, it's an actual thing. i've been watching online a tutorial on how to finger cut the last 20 minutes, and i still don't know much beyond what i already knew about finger cutting. but so finger cutting has received international attention after john hunt made a viral video entitled "greasy fingers." you dance using your fingers to the beat. >> why don't you try it? we've got the music playing. >> okay. so you supposedly start with a beginning move like this and you -- >> wow. that's good. that's all you've got? >> i can't -- >> don't you have a second move to it? if you could do finger cutting for "dancing with the stars" i don't think you'd even get a 1. that would have been your last performance. >> i am ashamed. >> you are going to work on it. as we go on to the next one about a 104-year-old woman who is -- teak a look at her. she's like the oldest street artist is what they're calling it. she's a knitter. she kind of knit-bombs her town. at 104. it's a secret guerri

. >> dom, thanks so much. dom chu with the latest on that. >>> let's take a look at crude oil.d day moving higher. higher by 2%. the energy sector is the top-performing sector. led by diamond offshore new field exploration, noble and murphy oil. speaking of energy, consumers will be feeling relief at the pump. jackie de angelis at the nymex with more. >> good afternoon. that's right, aaa is saying that gas prices going into labor day weekend, are the lowest that we've seen since 2004. so jeff killberg you know obviously we've seen our futures go down as crude oil prices have gone down, how low can gas futures go? >> we've seen a tremendous fall in r bob gasoline futures from fourth of july down $2, august 26th, 122. that's tested the yearly high. the yearly low of 122. but in january, i think technically it looks like it's going to go lower. i'm happy filling up the family truck this weekend. >> jim urio, in august i reported that the average price for a gallon of regular was $2.60. aaa is saying they expect the average to go back to $2. do you agree? >> well no. actually i thi

lou: well, her record, dom, i think we can say it's checkered.ndistinguished in terms of monumental achievement. [ laughter ] >> but here she is, she's lost over a third of women supporters and she goes on as if nothing happened. she successfully stonewalled on everything from benghazi to e-mail scandal, it's a remarkable performance even for a clinton, don't you think? >> well, yes, but she's not bill clinton, lou, and in the end, the drip, drip, drip of this, when bernie sanders is knock over coffee cups this morning and he's the guy pushing you out in new hampshire, it's pretty bad. lou: pretty bad, the 14-year-old, president obama inviting this young boy out of texas from i believe it's irving, texas, because he brought in a phony, a pretend clock or a real clock, mistaking it for a bomb but wouldn't tell them what he had done, sam, do you think the president is celebrating the wrong things or a convenient way to reinforce this narrative against america? >> well, it's just -- it's an outrage because honestly they ask you if you see something

mark doms. dr. doms' career has centered around data.or the past three years he's served as undersecretary for academic affairs in the department of commerce. in that role, he had three main responsibilities. first, mark led the economics and statistics administration, which includes two of the nation's preeminent data organizations, the census bureau, and the bureau of economic analysis. these agencies collect and produce information on the united states dynamic population and economy. publishing vital data to our nation's citizens, businesses and leaders. the census bureau and the bureau of economic analysis combined have over 10,000 employees and have a budget of over $1 billion. his second responsibility was being a top economic adviser. he contributed to and spoke on a wide variety of subjects including open data, trade, manufacturing, taxation, innovation, immigration, and education. his contribution was often abou what data can be used to better understand the issue at hand. his third pillar of responsibility was leading the comm

melissa, back over to you. >> dom chu, thank you. and utilities and reits being bond proxies. >> that certainly makes sense in that particular case. ross stores was weird. that seems like an out liar, i would throw that out. >> i have to take issue with that. when you think about the utilities how poorly they've acted in anticipation of rates going higher. that is what we're focus on. we're not looking at them going lower. i think you take a shot toward lows and they've reacting well over the last couple of daves as rates have eeked up a little bit. i think utilities is a good spot. and then i would look at staples like proctor and gamble. we mentioned last week on the show. this stock is down from the low 90s to about $70 right here. it has almost a 4% dividend yield. i don't care that the fed fund is going up 25 bips. the stock is oversold and still has the fat yield. >> where does eem fall in this. >> i think they are up 10% since the august 24th low since 5% for the s&p. it was so oversold it had to bounce like this. they are bui

. >> thank you dom chu.to go to our chief expert. >> i'm the expert. >> and the jack in the box expert. >> and the jack expert. >> i haven't been to a jack in the box. i'm sure there is one in the tri-state area but i can't find one. but it is a great stock into the spring. and then they started returning earning and comps turned and once that turned the feel for the stock completely turned. then when valuation doesn't matter, now all of a sudden it does matter. it has to hold the $75 level off the announcement but you have to wait until november 17th earnings to see if it heads positive. >> extra chicken and no beans. and now they have the brown race and it is not my thing. >> noted. go pro. the stock getting hit hard. fallen 8%, saying the shares could fall another 30% saying the one product wonder and unlikely to recover from barren's, grasso. >> i think many of us have been like minded with bar ron's. i don't think it is a buy just dwret. still susceptible to pops. and the barriers are still there and i

back over to you guys. >> dom chu at hblgds. so let's get a trade here. are they clean for a reason. >> they are cheap for a reason. but as dom said, if you go mgm, down 9% versus the other ones that are down more than that. but why no go to boyd or penn. >> so the makers of the gaming consoles. >> there is no exposure whatsoever and they are both up dramatically in a year where you would never think anything game related is up. i would stay with those two names. >> august 24th was the day the stocks printed raisy low levels an then rebounded. the low print for wynn was $72 and change and it is a $62 today. and there is something amiss with wynn. yes, i get valuation, i think can grow to 20% but the volume doesn't indicate a bottom and i think it goes lower from here. >> well casinos may have taken a beating according to our next guest one could see light at the head of the tunnel. managing director harry, it is great to see you. you point out in the latest note that mass revenues have recovered by vip revenues have not and they are showing signed of dete

but thank you, dom. >> he's talking about you. i don't know. ding. >> take a look at the major fang stocks today. moving on. netflix and google taking it on the chin. facebook clocking it in as the hardest hit among the group. we traded facebook today but in terms of the other, where do you think the trade is. >> i think these are challenged again. i hate to keep beating on the same drum. but any stocks that are high valleyuation and high momentum, all of these things are broken in this environment. doesn't mean they are bad companies or at some point in time they can't go higher, but at this point they are toast. >> up 70% year-to-date, and the management time, and we know who i'm talking about, has made it able to switch around the chairs to make it better as far as growth is concerned. >> you said facebook so how about the others. >> i'll do the fang and put them in order it. would be amazon, facebook, netflix, google. that is how i would stack them up. i don't know it doesn't spell anything. >> whoa, what about the drubbing phoenix took at

let's get to dom chu with details. >> talking about earnings and sales at nike beating expectations. the stock is up. not just because of the beat but because of something every analyst and trader likes to watch called those global futures orders. a way to measure their future business in the coming months. if you are take a look at those right now, it was a big beat on a currency-neutral basis, nike says global futures orders are going to grow by 17%. analysts were looking for 11%. look at every key region. north america, western europe, central europe. talk about what's happening with the greater china region. japan and the emerging markets. every single one of them -- of course china here is the big deal. everyone is concerned about what is happening in china. they are expecting futures orders to grow 27%. analysts on average looking for 17%. unlike the fed chair janet yellen speech, we are expecting q&a with this conference call. shares are up. we'll monitor that call and we'll be back later this hour with comments, hopefully from mark parker or other executives about the state o

mark doms. dr. doms' career has centered around data. for the past three years he's served as under secretary for economic affairs in the department of commerce. in that role, he had three main responsibilities. first, mark led the economics and statistics administration, which includes two of the nation's preeminent data organizations, the census bureau, and the bureau of economic analysis. these agencies collect and produce information on the united states die am inynamic pn and economy. the census bureau and the bureau of economic analysis combined have over 10,000 employees and have a budget of over $1 billion. his second responsibility was boeing a top economic adviser. he contributed to and spoke on a wide variety of subjects including open data, trade, manufacturing, taxation, innovation, immigration, and education. his contribution was often about what data can be used to better understand the issue at hand. his third pillar responsibility was leading the commerce department's strategic plan for data transformation. he detailed t

the team will be without the services of dom brown. brown was diagnosed with a concussion after a tumble over the wall in the pleashillies' l to the mets wednesday. with one month left in the season, dom brown could be done for the year. that does it for sports. back to you. >>> now for a look at what's coming up on "nbc 10 news at 11:00." tonight, five seconds of summer takes the stage in camden. a lot of people can't get in after they bought fake tickets. organizers have a warning for anyone who buys tickets to see beyonce tomorrow. the road to hell is paved with good intentions. mr. president, we know you tried to make a good deal with iran. whose leaders stone women, hang homosexuals, sponsor mass terrorism, scream for the destruction of israel and death to america. so, what if you're wrong? and they can't be trusted? senator casey, don't trust iran. vote this down. >>> pope-bot philly is a rebot inspired by pope francis. the religious robot rolled through the halls of st. christopher's hospital for children. it passed out hand san

dom will have to leave the game with concussion like symptoms after that one.hird inning phillies down four to nothing. michael, takes nola to the opposite field for a homer. not a good night for nola. he gave up six runs on nine hits. the bright spot in the game darnell sweeney take matt harvey deep. unfortunately that's about it. the phillies lose tonight nine to four. >>> the eagles getting ready for their last preseason game tomorrow night against the jets at the meadowlands. for some of the rookies this is the last chance to make the cut. the top of that list rasheed bailey he's second on the team with eight catches he grew uprooting for the birds and now wearing the team jersey pretty cool. a dream come true he knows at this point he has to stay faux cuff. >> i have no time to get caught in emotions. have i no time to say i'm that philly kid because sometime that is can be a burden. looking around this locker room i see a lot of big names and i want to be that one day and in order for me to be that way i have to be here every day working hard like nothing

. >> thank you dom chu. >> a few weeks ago, here is what carter said about the banks. >> if we were to go back to this trend line, this implied another 12% to 15%. >> i think you love to the november 2024 put spread. >> and since the time of the trade hads that gotten worse for the financials. and so what do you make with the death crosses? >> do you want to start with that first? >> whatever you want. >> if you think about that, that is fancy language too and nothing to say about what dom said. but in order for -- to reach the point where shorter tomorrow average has crossed a long-term average, by definition you have made no upward progress in four or five months. so the moment at which one crosses the other, you are already four or five months into the circumstance. so it is not in and of itself a big deal. but what is the massive zreergs in financial -- deterioration in financial and then post fed. this is a very bad place to be and there is every indication it will get worse. >> look, there is no circumstance basically where you start to see asset prices falling and that is good f

dom chu has names for us. >> the folks at s&p capital iq crunch a lot of numbers. they take look at u.s. companies within the s&p 500 that have a lot of the sales exposure. business risk possibly. possibly to what's happening in china with the slowdown. among some of the names, first of all it's worth pointing out not every company breaks out their results by region or even specifically by country. so among the ones that do, check out applied materials. on the technology side. they make the equipment that makes computer chips is in essence what they do. they get about 18% of their sales as total sales from that china region. avago technologies on the technology side. gets about nearly half of their sales from china specifically. broke out china as a geographic region. and then wynn resorts, about 72% comes from macao properties so the china exposure, these are three companies. among other companies that broadly kind of break out their exposure in terms of just the asia pacific region, apac, dow chemical gets 16% of total revenues from the asia pacific region. ibm,

kennedy: those are so many dom law we are here to talk about then nationwide forge it is fun and games to poke fun but there is something serious lurking beneath the surface of iraq once the monetized human confinement it is interesting the prison system makes 3.$3 billion per year i think it is only food and pizza so there's quite a bit of pizza it is an issue of republican or democrat there is a hundred thousand imprisonments bill clinton when he left there is 1.5 million so between it and -- bring him hillary they pled more people in prison. kennedy: you are absolutely right but what is the benefit to government to turn us into criminals? >> tennant said consequences. michigan band-aid to all but - - plant the duel just get rid of the rules like boxing when a sumo wrestler pursues a ninja and that ended a horribly. [laughter] kennedy: now there is a black market for everything that is one of the of. kennedy: they're working hard to repeal i wish every state would figure out all the outdated laws they punish people unfairly. >> i would love to watch that. >> of course, and the like o

. >> thanks so much, dom chu. just a couple weeks ago, here's what cohen harter said about the banks. >> if we were just to go back to this trend line h this implies another 12% to 15%. >> i think you look to the november 24-22 spread in the xlf. >> and of course, as you know, since the time of that trade, it's only gotten worse for the financials. carter, what do you make of these death crosses? >> yeah. we want to start with that first or -- >> whatever you want. whatever you want. >> if you think about it, that's fancy language, too, and nothing to say about what dom said, but in order for -- to reach the point where shorter-term average has crossed a longer-term average, by definition, you've made no upward progress in at least four or five months. so the moment at which the one crosses the other, you're already four or five months into the circumstance. so it's not in and of itself a big deal. but what is a big deal, of course, is the massive deterioration in financials generally and then specifically over th

>> dom, thanks. doc?ainly a lot of pressure building over atty. >> there has been for a long time. >> there has been. but they have had a free pass bought of alibaba. now that alibaba is down 38% from the highs, the pressure over there is going to continue. and they've got to do something other than tumblr and bumbler and stumbler and other things that haven't paid off. along with katie couric. it's show-me time for marissa mayer. >> it's mayer, not meyer. >> alibaba cut guidance, right? >> we said -- if i have a choice. >> we're going to be big, alibaba had been down now below its ipo price. >> i don't want to touch alibaba here. think if there was a trade to make. pete could put this in his portfolio. i think yahoo going to be fine. 31.5. i think what's going to happen here is that yahoo will be grandfared in and be able to do do the tax-free spin. i think the irs now will just change the guidelines going forward. they'll almost call the change something related to what we're seeing with yahoo!. i think

thank you very much dom chu. guy, this has been a moon shot. >> has been a moon shot but it's also sold off as b.k. just pointed out to me with his little b.k. machine t. it is holding the 200-day moving average it is rich on valuation. but against 130 or so you could probably play it from the long side next week. >> or even coca-cola. and speaking of investments in the beverage space. keurig green mountain kicking off our top trades tonight. two years after announcing a partnership with campbell's soup keurig is rolling out pods that will allow coffee lovers to whip up a bowl of hot soup in their keurig machines. this marking its first move beyond beverages. i don't know how it's going to taste. but what does it mean for the stock? >> chicken soup's always very healing. and this company's been apparently -- >> not with coffee. >> green mountain first of all is 20% off the bottom. what does that mean? it means it was way oversold. does it mean that the company is ready to go back up to even 100 bucks where it's f

back over to you. >> thank you very much, dom. pope francis beginning his first full day in the united states. he met with president obama at the white house. the holy father has not been afraid to criticize the free market system, globalization, technology, consumerism. made his views known on climate change as well. we will discuss his influence on business and the economy next. you're watching cnbc, first in business worldwide. need to hire fast? go to ziprecruiter.com and post your job to over one hundred of the web's leading job boards with a single click. then simply select the best candidates from one easy to review list. and now you can use zip recruiter for free. go to ziprecruiter.com. whyour boss?ork for? yourself? your family? our financial advisors are free to realize a plan to fit your family's unique needs. we'll listen. we'll talk. we'll plan. baird. >>> in the headlines at this hour, facebook's instagram now hitting 400 million monthly active users making it far larger than rival twitter. instagram had 300 million

dom chu has the details back at headquarters. dom? >> investors and traders are looking for discounts in blue chip stocks, so they're looking at the dow and there are some deep discounts valuationwise to where these stocks have historically traded over the last five years. the team at cnbc pro took a look at these dow stocks for those deep discounts. goldman sachs currently trades around a 10% discount to its historical valuation. apple, a near 14%, 15% discount. travelers, caterpillar also trading at those deep discounts. the single dow stock that trades at the biggest discount to its five-year valuation, shares of united technologies, around a 20% discount on a price to earnings basis over the last five year average. now, that's the discount side. the single dow component that's head and shoulders trading at a bigger premium valuation to just about everybody else, this one has a current p/e of 28. historically it trades at around 14 times earnings. almost double what its historical average is. those are shares of microsoft. microsof

>> thanks, bob. >> let's go now to dom chu.om, you just tweeted out the markets are not panicking probably because we're basically in the same place we were 30 minutes ago. >> we were. and there are a lot of traders out there who have argued we have been positioning kind of ahead of this for a while. we talked all week about this idea that the interest rate sensitive sectors like utilities, like the reits that bob was just talking about, that they had been showing some signs of life. so they've been in down trends for a while but all of a sudden you started to see them getting bought up a little bit over the past few days. a lot of positioning, perhaps hedging in some ways, but let's take a look. you can see what the dow jones jones industrial average, we are negative right now. we were going higher after the decision. we came back down. the range may appear volatile based upon the chart you're seeing, but overall it hasn't been a massive move. traders are absorbing this information right now and who knows how much of this is a

i think a lot of it is reaction to the anger dom r comr -- comi from iran and -- that's a lot of the politics. >> you said it yourself. don't you think we're justified? i want you to look at some pictures. these are pictures of someone from the united states a businessman gave to me, he just returned from tehran. the first thing you see there is a government building with a flag on it. at the bottom of each of the stripes are bumps, and where the stars should be are skulls. let's go to the next picture. the next picture is an image of the united states flag split in half outside of the embassy, where people have to walk on the united states flag to get in. then, the third picture we have, that was given to me is one outside the old u.s. embassy where they have a picture of the soldier from the iranian guard standing on both the flag of israel as well as the flag of the united states. i mean, we are justified in not trusting these people. we should probably be fighting them as opposed to delivering loads of cash. >> let me ask you a question, judge, imagine they were showing this show

. >> thanks so much dom chu.heard about trading firms, doesn't matter and trading activity has been higher. >> you want to know why the rallies are fading. that's why. these managers are getting cash calls they have to get out of position, you have all these rallies that will fail. >> they are not sitting on that much cash. when the dips come in, mutual funds are historically not sitting on as much cash so they are not the dip buyers. hedge funds are whipping around this market and more nimble and quick and you get volatility because guys aren't holding stock that long. >> overnight, the s&p futures were up 1% or more in the middle of the night and by the time you got in this morning, they were flat. people can spoof them a little bit and get the opening and people start selling equities. >> when resorts are getting hit hard today, kicks off top trades. a four-year low in today's session dragging the casino space along with it. las vegas sands, mgm, numbers rise lower by a brokering. >> $63 price target dan natha

dom? >> some say yes, some say no, but the reality is everyone has got an opinion on whether or not stocks are overvalued right now. the bears and bulls both have cases. we're going to show you why maybe they could be correct, both sides of the equation. that's after the break. at ally bank no branches equals great rates. it's a fact. kind of like mute buttons equal danger. ...that sound good? not being on this phone call sounds good. it's not muted. was that you jason? it was geoffrey! it was jason. it could've been brenda. this just in: 50 million customers' data was not compromised this morning in a security breach that didn't happen. wall street. not rattled. at all. no. not at all. not at all. i mean, look at the day. sir. sir. what went right? what went right? everything. thank you. with threat intelligence, behavioral analytics, and 6000 experts, ibm security will help keep you out of the news. my dad's company wasn't hacked today. cool. sometimes they just drop in. always obvious.

that simple screen, those are the stocks that come up. >> maybe an idea generator, dom chu.hank you, good work, as always. >> dom is always an idea generator. >>> talking about the overall market, the dow is currently only slightly below the session highs, gaining by 211 points right now. the nasdaq is up by 69 at session highs at 4,705. >>> let's get over to the bond market where rick santelli is tracking that action at the cme. hey there, ricky. >> hi, mandy. of course we know that the beige book is coming out shortly. maybe this beige book will garner more attention than other beige books because of the implications. traders already saying, listen, if they don't want to raise rates maybe they'll lean towards a dovish beige book and the districts will report growth a little less than average. i can't answer that but a lot of eyes will be glued to cnbc. intraday 2, virtually unchanged. the 30-year, you see the pattern is different and the yields are higher. the curve steepening a bit today. the 10-year bund overseas, same pattern. they've let us up, everybody's kind of idli

back over to you. >> dom, thank you very much. let's get some market insight from an investing legend. jack bogle is the founder of the vanguard group. jack, a legend. you have become a legend in your own time. how do you like that? >> a legend in my own mind might be more like it, tyler. >> let's talk a little bit about interest rates and whether you think a slight rise in interest rates is, one, appropriate, two, any occasion to change your fundamental investing practices. >> no, i don't think it's going to be big enough. the stage is set for very cautious policy for a long time to come, whether it's up a quarter of a point or a half a point, who knows and who knows when. tyler, i thought -- for one, i thought that the fed's decision to put off any rate increase at the meeting last week, i uttered a quick bravo to the one of the interviewers. >> because? >> because i think caution should be the watch word of the day. the fed should be watching out for an economy that, you know, i don't know if it's really vibrant. i don't think

. >> thank you very much, dom. the three people to watch today. you have china's leader heading to washington, d.c. for a face-to-face meeting with president obama. you have pope francis speaking before the u.s. congress earlier to a rapt audience, and also he's now headed to new york. and then you have fed chair janet yellen getting ready to speak about inflation and what else? fed policy. it is her first speech since her news conference last week when the committee decided to hold on hiking interest rates. so will we get any new clues from her today? let's bring in steve liesman. waltz onto the podium. we want to know what yellen has to say today but i'm wondering, so many asset classes are down since she spoke last thursday. i wonder if she had any idea she would have that much ever an fact on the market? >> i think almost certainly the federal reserve doesn't want to see markets go down, certainly not this much, as a result of its policy or its pronouncements, but when the words inflation and monetary policy are in the title of the speech, it

. >> let's get a market flash with dom chu. >> we're watching shares of mattress maker tempur seely. the company has named former dollar thrifty automotive chief scott thompson as the new ceo and chairman and the stock is tracking for its best day since february helped along by headlines and a management change there and the stock is rising. the stock is also up big, 41% just year to date. back over to you. >> thank you very much. we are just getting started. here is what is ahead. the countdown is on to tomorrow's big apple event and we've got exclusive data on what happens to apple's stock when there's iphone news and five stocks. analysts say you should be opening or buying right now those names ahead and we're going inside the big-time best. one small hedge fund making on government bonds and it's a bit weird. stocks up more than 300% on the dow to 16,414. you're watching cnbc, first in business worldwide. xçó0 >>> welcome back to "power lunch" where the markets are clearly in rally mode, a picture of the nasdaq 100 heat map. the underperformers, netflix, a sharp one. it's the bi

from this team, it's been a good night for dom capers' punch. t have the timing figured out. i think in a game like this you would have hoped for more production from him. >> al: graham in the middle. doug baldwin short gain. green bayh will give them all they want on those types of plays. second down and three. down to 1:35 and ticking down. that's a first down. no time-outs. baldwin makes the catch. 1:20 and under. taking a lot of time here. and wilson will take off. gets to the 49. kerry tackles him. they get into field goal range, they'll probably try a field goal first, save a little bit of time and try to get the onside kick and then score a touchdown. >> cris: i'm not sure we could take another onside kick, though. >> al: the throw and that will be caught by lynch. that caught keeps on moving. green bay tries to take it away 43. now wilson wants to get up there and spike it to save some time. that will stop the clock, under a half minute, 29 seconds. >> cris: but i like your strategy. i think you take another ten-yard play if you have it