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

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

. >> thank you so much, dom chu. and more pressing for gm and the automakers are people are saying auto sales may have peaked this year or next year. >> the numbers were very good numbers. limiting the uncertainty of the background is good but the stocks shows tremendous resilience on the down side. but it is the sustainability of the margins that people are most worried about. and rep gm stands for global motors and people are worried about the global movement. >> and stock is lower and john has more at the headquarters. >> it was lower than it is now. when they started giving guidance, oracle is now down 1.25. got a few things to get through here so give me a moment. first they are going to be conservative given the macro environment and expect currency headwinds of 6% on revenue, $0.05 on eps. in the software plus cloud line she said to expect growth in constant currency, all of the numbers non-gaap of 0% to 2%. sass and pass to expect growth of 30% and compared to expectations of 47%. after she gave that number,

. >> 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

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

we have a market flash now on verizon, dom chu?ey're going to pay even more in terms of their dividend payment. verizon announces they're going to boost their quarterly dividend by 2.7% to 56.5 cents a share. verizon saying they'll boost their dividend payment quarterly to 56.5 cents per share. they do note verizon, does, the ninth consecutive year that verizon's board of directors has approved some sort of quarterly dividend increase. very much a part of the story when investing any telecom, this time verizon boosting payout. >> dom, busy today. dom chu, thanks again. >>> coming up, calling his new strategy defensive/offensive. dan niles of alpha 1 capital partners is with us next for a look at his new plays. including a stock that's down almost 25% this year. everyone is looking for ways while to cut expenses.s unique, and that's where pg&e's online business energy checkup tool can really help. you can use it to track your actual energy use. find rebates that make equipment upgrades more affordable. even develop a customized ener

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

. >> 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

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 deter

back over to you. >> thanks dom chu. and you have to throw in bp. there are key differences in each of the stories. the bp one, it got prolonged they couldn't contain the spill, et cetera, et cetera, it was drawn out. >> and let's look at toyota. besides the auto industry, they had the bank of japan weakening the currency and so it got a tail wind from that. and maybe a similar situation with the fiat chrysler and you'll have a week euro which could help some of these. but there is some similarities but you have to take it into context in what is going on in the world. >> and could you bay volkswagen could be a buy. and it is a good point in terms of the easing and this hasn't killed anybody. >> and the biggest takeaway looking at dom's stocks that he pointed out and the charts, you're in no rush. there is no urgency to buy the stocks. they take years sometimes to flatten out or to stabilize. so i think it is obvious when they are ready to take back off or take off again. i don't think you are in a rush to buy them. i would not be a buyer of it. >>

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,

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

. >> thank you dom chu. let's talk about the trade move in gold today. and guy, you said finally gold is a safe haven play. >> safe haven. and we're clearly seeing given the action of central banks globally. november '09, the imf sold 200 tons of gold to india. and guess what we held. 1044. this move makes sense and it is decoupling from the dollar. i think it could go higher. >> and golden globes is your trade as well. >> and it decoupled from the dollar. the dollar went higher and gold stayed high. and two weeks ago that hedge funds were short for the first time ever. so gold sets up for a massive, massive short squeeze in the short-term it wouldn't surprise me to see it 1300, 1400, in the long run, above 2,000. >> that's a massive squeeze. and one thing i say about gold, it is a violent, violent squeeze in a bear market. and i need to see this break through probably 1160 before i would trace it higher. the down trend very much in tact. guy talked about the india news and china announced their holdi holdings, less than expected. and that may be the bot

. >> 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 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,

. >> 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

. >> let's go now to dom chu. m, 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 al

dom chu here with a look at some of the mega caps which have been pulling the market down. >> if you look at the heat map behind us -- >> really graphic. >> it feels heavy. you'll hear traders say that and use that terminology, it feels heavy, it feels like maybe there's a little more downside to come. it hasn't been panicky up until this point. let's look at these. in a capitalization weighted index, market values matter. >> big stocks matter more. >> that's right. look at this, like you said 400 members falling by 10% or more from recent 52-week highs. 30 of those names have market caps in excess of $100 billion. they're going to have excessive weight on the way the index tradesoverall. here is a sampling of the names that made those 30 in terms of the overall influence on the markets. you heard bertha talking about other big names. biotech health care has been a big part of the story. gilead sciences is off 14% from its recent 52-week highs. showing some weakness there, maybe not a great sign. disney shares, with he kn-- 16%o the downside. citigroup off 17%, and then financials to

news alert with dom chu. >> more bad news on the jobs front affecting the oil and gas patch. conoco phillips, the big innovative and exploration company, exploration production company, says it's going to lay off about 10% of its global workforce which equates to 1,800 jobs at conoco phillips. the company tells us, again, that it will lay off 10% of its global workforce, equal to about 1,800 jobs. another sign perhaps of weakness in the oil and gas industry. this time affecting a very large oil exploration and production company, brian. back over to you. >> we talk -- we just talked about conoco phillips as a stock pick in trading nation and the things aren't mutually exclusive and this is why i'm out there suggesting oil's price drop, i no gas prices are down and adds more money into taxpayers' pockets, i get that, but the amount of jobs this industry has created has been understated and not recognized for years and we see this kind of stuff and this is why that oil's price drop is not a 100% positive thing for the u.s. economy or workers. >> no. >> and i would just say on b

. >> 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

we know a lot of the mythology, dom chu, about october. a lot of big market events have taken place but the fourth quarter seasonal will be has been -- >> santa claus rallies, all the seasonal strength up the wazoo but let's break down the numbers for a bit. if you look over the course of the last month to date, down 4%. it hasn't been a good september. if you look at the broader scheme of things, we're entering this fourth quarter down 7.5%. >> for the year. >> for the year. year-to-date. the reason why that's important is because let's take a look at the stats. because when the s&p 500 is negative year-to-date, it changes things a little bit for the picture. the s&p 500 performance since inception back in the late 1920s, it's been negative year-to-date through the end of september 30 times. it's been negative in the fourth quarter about a coin toss, 47% of the time. the average -- >> 57% of the time since inception. >> since 1928. >> so half the time it is negative. >> when it's negative going into the fourth quarter it then becomes nega

dom chu joins us for a look at what's moving. a lot of names are. >> a lot of names.y much in the green. and technology the best performing sector so far today. chip stocks seeing the gains as microchip technology raises outlook on stronger sales from the recent acquisition of microle. microchip is upgraded. semiconductor stocks ahead of demand recovery. analog devices, an disc up 4% on the bullish comments if you look at the broader industry, the semiconductor etf is up by about 3% so far today. remember it's still down 8% so far on a year-to-date basis, it's been a rocky trade especially for a lot of these microchip makers like those stocks. back over to you. >> you're my guy on the chips. what do you do with these names, but also microchip. which interestingly enough, if you remember back in october -- >> i remember -- yeah, they warned, right? >> they started this rollover at the time that the market was correcting back in the fall. >> they did. >> and here they are. with positive comments that starts the tide the other way. >> i think the previous read-through wa

. >> thanks dom chu at headquarters. david, what do you make of all of the stats.t is interesting. how do you think we set up? >> i think we're set up for a fourth quarter move higher. >> even with the fed hike. >> i think people are factoring that in already. you think they should have dochb it. we talked about it. but i think we're setting up for a fourth quarter rally and we'll have another chase scenario. in my opinion the hedge funds are massively underperforming. ifner not going out of business, the guys under water are chasing tape. so the high growth names will continue to move up. >> there is another man betting on a fourth quarter comeback and that is tom lee. we wanted to see how bullish he is in three key market areas so tom is here to give us a break down. and tom -- good to see you. i want to start off with your outlook on q3 categories and to grade on a scale of 1-10, how bullish are you? >> i'm actually fairly bullish. i would give it an eight out of ten. >> eight bulls out of ten. tom, why is that? what are you seeing that other people aren't seein

. >> dom chu, thank you. the most important point is the stock is down 47% this year.ittle bit of good news is enough for a pop. >> that is correct. i like it for a trade here. i don't know i would buy it long term. i do like it for a trade. you can get a near-term pop. >> really? beyond this pop? >> i think -- ak steel and a lot of steel bottomed in july. there is exposure to the auto sector. steel has been a mess. i >> bonds seeing bullish action off the fed decision. what did you see? >> it was about an hour before the federate decision came out. it was a very large trade in the tlt looking out to october. when the etf was 1883 there was a buyer of 51,000 october 121/124 call spreads paying 66 cents. the average daily volume today just actually got blown out by this trade here. total average daily volume three times average daily volume. most of that were in the calls. that trade i was talking about was interesting to me. it came an hour before the fed meeting. it was a contrarian play. the 20-year bond etf had been going down for days. rates were going up. this tra

dom chu is here to walk us through some of the sectors to watch ahead of the next decision. i can't believe we're already talking about the next decision the day after yesterday's decision. >> you know what? i can believe it because now that it's done and there's been perhaps even less clarity about what's going to happen in the future, everybody is trying to figure out whether october is going to be that date. so we have seen some relative outperformance in some of the stocks. first of all, take a look at this etf. we'll do it through the lens of exchange traded funds. the xlu is the one that tracks the s&p utilities index. you can see over the course of the past week, up by over 2% and we're slowly losing some of those gains in trading today. however, a little bit better than the overall market but look at year-to-date, right? year-to-datewise, you can see the down trend has been playing out for a while, although we want to see whether or not traders do look towards utilities again if there are prolonged prospects for lower interest rates. take also a look at this -- well,

dom chu joining us with details. >> the irs is rejecting yahoo's request for a letter of ruling thatpinoff-of-alibaba's stake would be a tax-free event. in january, the company said it would spin off the 384 million shares worth of alibaba into a new entity called abco, abaco holdings. the stock is up again, double since marissa mayer took the role of ceo in july of 2012. some analysts calling into question whether the tax-free spin-off could occur. as of late the showers have been on a drift lower, scott. >> the big move, dom, correct me if i'm wrong was late yesterday, when this news trickled out. i don't remember how much the stock was down. >> it was down a couple percent. after we started getting indications here that this was maybe not going to happen in a tax-free fashion that lot of investors thought it was. >> and now a slew of investors are saying it is not going to happen the way they want it to less than 50% chance the thing happens as a tax-free basis. guys? >> dom, thanks. doc? >> there's certainly a lot of pressure building over atty. >> there has been for a long time.

dom chu is back at hq with a closer look. >> the worries over choin are playing a role in the marketurmoil. may not be the single biggest thing, but they're a catalyst, two economic indicators getting attention, both the measures of health of manufacturing in china and both showing that conditions are weakening. so this is not the only reason i want to point this out. these traders are looking at some of the companies that could be more exposed to weakness coming out of that particular region. specifically tobias lekvocih, issued a note any he looked at stocks that had china-centric stocks. technology stocks are a big part of the list, if you look at semiconductor giants like intel. which get around 20% of their total sales from china. another smeemiconductor marvell and even apple. it's not even them, if you look at commodity producers, cliffs natural resources gets about a quarter of its sales from china. mead johnson nutrition, about a third of its sales and even yum brands, guys behind kentucky fried chicken and pizza hut, we know the big exposure there, 52% of their total sales.

dom chu with a look at the names. they've been down since the news broke. >> they have been, but to be fair, if you look at the charts, it's a little different here. they've been in some down trends for a while. the automakers of course, with what's happening with the diesel scandal and taking a part in dragging down some of the u.s. ones too. general motors, fee at, chrysler, ford and gm are now really like the market. off the worst levels today. down by a percent to two. trying to bounce off the levels. fee at chrysler, it is off its worst levels, but still down 5% to 6%. that could be a factor. again, to be fair, some of the stocks, ford, gm, fee at, chrysler, if you look at the charts, have been down over the course of the past six months. these stocks have been feeling the pain. of course, fiat pricing. >> thank you so much. want to stick with the auto trade now. our next guest has a strategy that may tune up your portfolio. over a year this group is up 32.5% versus the s&p, which is negative. >> right. >> this i

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

dom chu here to tell us why the former wall street darlings are now big targets for shorts.it has nothing more to do with the fact that many of them ripped. >> i think that you've hit the nail on the head. these stocks have been tremendously hot over the course of the last few years here and that's brought up a lot of conversations about whether or not this is one of those quote-unquote bubbles. the debate rages on. that's the s&p biotech index, up 1 a% over the past three years. the right-hand part of your screen is where things get a little bit choppy. is this the beginning of a rollover? if you take a look at one of the etfs that tracks it, tracks the big nasdaq biotech index. those shares onnen an intraday basis were up 30% on a year-to-date. so still strong, but showing signs of weakness. >> if you look at some of the big large cap biotechnology, pharmaceutical names, biogen, alexian down 6, that's part of the story, for biogen on the high-to-low basis, 52-week high to where it trades today, lost 37% of its market value. so again scott, calling into some question for so

dom chu has a look at the markets. then how high frequency trading has changed.ing video service. we've got julia boorstin with details at the bottom of the hour. we're back with more in just a moment. daughter: do you and mom still have money with that broker? dad: yeah, 20 something years now. thinking about what you want to do with your money? daughter: looking at options. what do you guys pay in fees? dad: i don't know exactly. daughter: if you're not happy do they have to pay you back? dad: it doesn't really work that way. daughter: you sure? vo: are you asking enough questions about the way your wealth is managed? wealth management at charles schwab. without the internet i would probably be like a c student. internet essentials from comcast has brought low-cost high speed internet into the homes of hundreds of thousands of low-income families. it lets students do homework and study at home. so far more than two million people across america have benefitted. internet essentials is going to transform the lives of families. i see myself as maybe an entrepreneu

. >>> let's get to dom chu for a "market flash." >> here's a stock hayes not apple but up on day, talking caribbean stock hitting a new all-time high up by close to 2% near its best levels so far today. this stock is up 13% in 2015 and up 40% the past 12 months with the dividend yield north of 1.5%. yes on a day that's filled with apple, royal caribbean hits an all-time high. >>> we are just hearing that from inside that convention center in san francisco, the perhaps biggest event of the day. the apple iphone refresh is starting to come out. we'll bring you headlines, video, pictures, sounds, smoke signals, whatever it takes. >>> another big check on the markets, apple down .4%. the dow down nearly triple digits. more right after this. a number. but not every insurance company understands the life behind it. those who have served our nation. have earned the very best service in return. ♪ usaa. we know what it means to serve. get an auto insurance quote and see why 92% of our members plan to stay for life. >>> hello, everyone. i'm sue herera. here's your cnbc news update at this hour. . t

dominic chu taking a closer look. 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

our oun stock super hero dom chu is here with that story. >> america loves a comeback story, right? market has tons of examples of these companies that were given up on for maybe not for dead but they managed to rise up. take a look at some of these. you have facebook shares. the world's big social media company after that botched opening ipo trade. investors quickly soured on the shares, sold them down 17 handle on those shares but then they have been buying up assets like instagram for photo sharing, whatsapp. skeptics argue facebook has to show it can actually make money and get some kind of a meaningful return on the billions it spent on those acquisitions. then starbucks coffee, the giant here sits near record highs. it got there after a stock that dropped really halved it's market value. howard schultz, the founder, came back, the company tried to turn things around. shares have rallied thanks to growth in china, new menu items. the challenge is whether the initiatives can keep growth at the coffee roaster hot. and what about best buy? best buy was one of those companies that

let's get to dom chu for a market flash. >> shares of medtronic down by close to a percent. medical device makers beat estimates helped along with recent acquisition of kavidiun. they said they will cut 500 jobs since that acquisition has taken place. the shares down 2% so far this year but med tron knicks certainly a focus in that healthcare arena today. >> a big debate raging on wall street about who is to blame for all the volatility in this market turmoil. is it hedge funds, etfs, high speed traders perhaps? >> tomorrow a big day on the calendar? not the final jobs report, we're talking about "star wars" force friday kicks off. we are live in san francisco. >> my sister has it. approaching medicare eligibility? don't put off checking out your medicare options until 65. now is a good time to get the ball rolling. medicare only covers about eighty percent of part b medical costs. the rest is up to you. that's where aarp medicare supplement insurance plans insured by unitedhealthcare insurance company come in. like all standardized medicare supplement insurance plans, they

dom chu here with the names. >> it's interesting. i couldn't believe it when i was watching rick san telly's report about the two year yield and how it's a 45-degree angle. there is already this instance here where people are jockeying ahead of the fed interest rate decision. our team over at cnbc pro take a look at these. goldman sachs out with a note. we used numbers wrels to put together the story here about where people want to go or stay away from if this whole rate hike picture plays out f you have a rate hike here, what to watch. look for the high quality stocks, the ones with stronger balance street and they don't have as much debt on their books that is variable. when interest rates rise, they reset to higher interest rates. so that's goldman sachs's tack. the team over at goldman sachs. so what exactly are places or sectors that you should focus on because of this variable interest rate type situation? higher levels at least, relatively speaking, of this variable floating rate debt. you talk about financials and you talk ab

let's send it to dom chu. >> we're watching what's happening right now as certain industries are starting over a bit going into the close. one of them is the transportation index, also thei yt. that's the etf that tracks those stocks. you can see here still positive but taking a bit of a turn in the last 10 or 15 minutes. it joining biotechnology, also small cap stocks that seem to be rolling over a bit. among some of the big names, look at the airlines, united, southwest, and rail companies like cf x and norfolk southern. >> even as diesel prices continue to fall. >>> the oil close is coming up after the break. "power lunch" will be right back. >>> it's time for the "your business" in your opinientrepre not surprisingly technology is at the heart of the new trend. for more watch your business sunday mornings at 7:30 on msnbc. we thought we'd be ready. but demand for our cocktail bitters was huge. i could feel our deadlines racing towards us. we didn't need a loan. we needed short-term funding. fast. our amex helped us fill the orders. just like that. you can't predict it, but you can be

our dom chu is here now and joins wuss that. dom, good morning. >> good morning, becky.ok a look at the dow jones industrial average, the blue chip stocks in america and looked a what the their historical valuations have been on a price-to-earnings basis and figured out swrit biggest discrepancy from those historical averages. here's what they found. if you take a look at some of the business big discount us in terms of valuation in the dow, goldman sachs currently trades around a 10 to 11% discount from where it typically does trade on a price-to-earnings basis. it's currently somewhere thereabouts 11. we did some rounding. on the average, five-year p/es 12, we get that kind of a move here and all of a sudden, off slight discount again to the overall market. goldman sachs, 10% discount, am, 14% discount to where it typically raids on valuation basis, priced to earnings over the last 12 months. travelers, caterpillar and the single biggest discount in terms of historical valuations the last five year, united technologies trading at a 20% discount, p/e-wise to where it ty

dom chu joins us. >> freeport mac shares were down after citi downgraded from flew tral to buy and cut $12. firm sites unattracting pricing environment as key factor after struggling stock soared 33% last week after announcing some staffing and spending cuts after activist carl icahn gave it another boost after he said he had a stake in the company. the stock is down 72% in just the course of the last 12 months. also chipotle mexican grill following the premarket on light trading, the fast casual taco chain is facing a lawsuit over claims its food is not gmo-free. that is to say genetically modified organism free. colleen gallagher claims chipotle offerings are not gmo free. chipotle says it will fight the claim. >>> analyst increased dollar tree. as a result, those shares down 5.5%. back over to you guys. >> thanks. >>> let's head to the cme group for a check on what traders are watching this morning. jim yurio is a cnbc contributor. i guess we need, jim, to talk support levels giving where we were a little over a week ago. what do you think we're likely to see today? >> the reality o

cnbc's dom chu joins us now with a look. >> if you look at some of the best performing stocks withince the turmoil of august 25th, you take a look at some of them overall. the futures board looks interesting. with the dow jones hovering around the 4% to 5% mark, you can see since those lows we are up 8% since then. the entire market has gone up. but the stocks have led the way for the dow higher. it's all about the technology sector. this is raising questions among traders and investors about whether or not it is time to dip your toes into large cap names. for instance, intel shares up by about 13%. so a big chip name there. also apple, a name that always gets talked about for value investors who are looking to perhaps wait for pullbacks and buy apple stocks. those shares up 8% to 9% since then. cisco. we don't talk about it often, but they make the backbone of the internet. up about 8% as well. then microsoft, 7% of the upside here. large cap technology, guys, really making its comeback here from those lows. the question is whether or not that remains the case. remember, a lot of th

dom chu standing by at cnbc headquarters, a look at the week that was. le like it forget this >> i do follow joe's twitter feed because he puts up his vacation pics on there he was in europe, put a lot of those up. >> that's true. but i regret doing that, because that -- those are really 1 percenter type of vacations? what if they say they can't go to europe? >> certainly not a griswold. >> i have a cousin like cousin eddie. i love that guy. wears white shoes. >> i should look into that let's talk about the markets because we are just a little bit away from that most important jobs report since the last jobs report. but again, let's take a look at the dow the last couple of weeks w he know about the volatility from last week. this time around so far, since the 31st down 115, down 470, big day for that one, but then up nearly 300, up 23 points. on balance, moving by about 900 points on that kind of closing basis. very volatile, not as much as it has been the past couple of weeks. nothing keep in mind, volatility shrinking. here's where we can see it the vo

dom chu talked about bioteches before you came on, there's a $5 million market cap.s, the whole sector has been dumped. these are different companies, different model, different products. is this an etf-driven selloffs? dpl they had a lot to do with it, but look at the stock, trading at price to estimated growth numbers of less than one times, and companies like cellgene and gillead grow, and you see in the large caps not seen in quite some time. >> all right. jeff, thank you for joining us today. always good talking to you. >> you bet. always a pleasure, becky. >> all right, frosty diplomacy at the united nations? president obama met with russian president vladimir putin, and twa leaders disagree over the way to end the syria civil war, and michelle caruso-cabrera is joining us now with more. the pictures in the papers this morning are, like, obama and putin looking in very different ways. >> not friend. >> scowling. >> holding up -- do we have it? the daily news, one of these. >> there was a photo on twitter going on at the luncheon where it's clear how much they d

dom. our dominic chu. the second gop presidential debate hits primetime tonight.ent comments by donald trump have put former hewlett-packard ceo and presidential candidate carly fiorina in the spotlight. our john harwood sat down with her and discussed her battle with cancer, losing her stepdaughter to addiction, and how those tragedies have affected her. john? >> kelly, you know, carly fiorina said that there are a lot of similarities between the job of ceo and the job of president and how the decision that's you make affect ordinary people's lives. but she also has similarities to one prominent democrat thinking about the race. that's vice president joe biden, who has undergone just like carly fiorina has serious personal tragedies during a political career. here's carly fiorina with that. >> battling cancer was very tough. and it's a family battle. losing our daughter from addictions was even tougher. life is about going forward. always. so many people said to me you have to run for president, you have the kind of leadership you need. so i'm not doing it to ove

let's tend send it over to dominic chu who has a market flash. dom5% on 22000 shares worth of volume. jack in the box up 1.25%. after the company has authorized that it has authorized a new $200 million share repurchase program that's going to start in their next fiscal year. the ceo saying that the new program boosts the company's confidence in its business and growth plans. again, more shareholders -- point out, though, for context shares are down 6.5% year to date, up 18% over the last 12 months. back over to you. >> more activity after that fed decision. thank you, dom. >>> ak zon one of the biggest stars in hollywood at last night's emmy's, it won five awards and is casting a shadow over netflix. for more on what this means for netflix let's bring in u self qualitiy. and michael pack card joins us as well. yousef first to you. what do you think about the awards handed out and how much a tell are these for the stocks? >> look, i think it was a great day for the stop steamers, certainly hbo was was the big winner, if you look at netflix or amazon,