back over to you guys 1z thanks so much, dom chu joining us at the stock exchange tonight. dom mentioned a short covering rally and once a lot of these shorts have been flushed out, appears that maybe a lot have with 40%, 50%, 60% gains, what's happened next? >> that's the issue we're short. who cares who is buying and whether it's a short, a person covering or not, right. >> right. >> but when it pulls back that short is probably not there. you take your long-term buyers tend to be very price sensitive and they are already there and that short is not there. probably long gone. the one that looks most vulnerable to me is freeport-mcmoran, right? we've had had a huge rally in this thing and here's the copper. the copper stocks in china are up 11%. you're starting to see potentially there's some manipulation there and nothing has changed on the supply, so why -- why should freeport-mcmoran go up, it shouldn't, so i'll be very careful getting into that one? >> any of these things worth a buy. >> the last couple of weeks, transports with one sector and materials two weeks ago, c

break it down, a man that was lost and now is found, dom chu. hello, dom. >> i don't know about lost and found, maybe a little of both. we want to take a look at stocks not lost, not found all at the same time because pretty much it's been a no man's land for the stock market. look at the 52-high, the high over the past year versus the low over the past year, right now we're pretty much smack-dab in the middle of it. if you take a look at dow components, it's even more so. this is what i need. check out what's happening with shares of visa. if you look at visa stock, right now it's trading just around $71, $72 a share. that's right there in between it's 52-week high and low, between $50 and $80 a share. drug giant merck, $53 a share. now talking 52-week range, $45 and change to $61 and change. again, right there in the middle. caterpillar, a stock that's been beaten up all kinds of ways here in the global macroeconomic sense. that stock again, $72, $73 a share, right in the middle of the range. jpmorgan on the big bang side of things, $59 or so d

take a look at some other names is a man himself who is always in charge, cnbc's dom chu. y, dom. >> reporter: well, melissa, i don't know if i'm always in charge. i don't think i've ever in charge at all but i really appreciate the sentiment but let's talk about some guys who were in charge are have been in charge and just what they have done for their respective stocks. talk about ceos who have come back to kind of lead the organizations that they were a big part of to begin with. first of all, let's take a look at jc penney on the mid-scale retail side of things. mike ullman, ceo then to be brought back again. initially 2002 to 2012, came back for a couple of years and then in 2015 and in the first three months he came back, the stock was rewarded, up about 16%, but a year later shares were still down about 41%. some secular headwinds for companies like jc penney, you can see there. during that tenure the stock had fallen quite a bit here show you can't really just weigh the first initial response. let's take a look at another ceo that was there, came back again and we'l

the one and only dom chu. dom. >> i'm a guy who always likes to try to keep calm, carry on, that sort of thing, but there's a lot of ways you can look at this market, calm and quiet is one of them. let me show you what i'm talking about because today we hit our eighth straight day of no market volatility, and we're going to say market volatility gains or losses greater than a percent and go back to that today and you can see here just fraction a. fractional gains and losses throughout the course of these eight days. the most volatile day that we've seen in that eight was the move higher back on march 17th. that was the most volatile one. if you talk about the call markets, interesting to put this in a little bit of context. no statistical significance implied here, but of the last time we saw eight straight days worth of no gains or losses worth 1%, that was back here and you have to go back to basically the summer of last year and twa basically the period ended right around just call it august 7th of last yea

. >> dom chu, thank you. we made a big deal when dimon pot stock back in february. do we make a big deal here? >> just because investment banks don't have the same business model they had a couple of years ago, i think which will continue to stay relatively flat, because the mna activity is coming down and we know the private equity, it doesn't matter. these guys, it's a credit perspective. these guys are much healthier than people say they are. the four cs, credit, china, consumers, commodities, much better than people had them. >> i think a huge headwind still at the banks right now. i sold my bank of america. i sold it a couple of weeks ago. i thought they would be stagnant, sideways basically. so jpmorgan is down 10% year-to-date. citi is down 17%. bank of america down 20%. they're all down. they're probably not going to track new money coming into it. i think people are chasing dividends and growth. i'm not sure you're going to get it with banks. >> everything timmy just said is spot-on. february 11th was the headline the stock closed at 54-ish. 59 now. it's ba

back over to you guys. >> thank you, dom chu.an interesting one and got an upgrade from bear and execution issues seem to be overblown at this point. they have actually seen model xs come off the production line. >> i would say 225 it fails. that's been the pivot level for quite some time. pete talked about this last week and questioned why is tesla rallied? look no further than -- >> oil. >> -- price of oil so if you think oil is topping out here, which i do, there's a real good chance that tesla could fade. i'm not saying it's going back to the levels that we saw a couple months ago, but i do think it will retest back down below 200 bucks. >> this could be a fakeout. >> is that what i'm supposed to say in answer to the question. >> fakeout. >> so, look at there. >> oh, i'm sorry. fakeout. >> it's a game. >> yeah. >> you have two choices. >> right. >> all right. >> your thoughts on these stocks? >> you know, the energy ones that are up huge, that i just couldn't get on board, nor tesla either. i think energy does come a little b

>>dom chu, thank you so much.ere's what's coming up on "the halftime report." >> still ahead, swinging for the fences. investors like big ackman have made fortunes making big bets on a small number of stocks. we'll debate a concentrated portfolio. >>> plus, real money and virtual reality. facebook launches its vr headset today. will zuckerberg's $2 billion bet pay off? and batman versus superman in the box office. >> son of krypton versus gotham. >> how you can profit from the super hero showdown. it's all coming up on the "halftime report." there's a lot of places you never want to see "$7.95." [ beep ] but you'll be glad to see it here. fidelity -- where smarter investors will always be. if only the signs were as obvious when you trade. fidelity's active trader pro can help you find smarter entry and exit points and can help protect your potential profits. fidelity -- where smarter investors will always be. we believe in the power of active management.management, by debating our research to find the best investm

we just had dom chu on. that stock falling hard after christianor, the ron revealing a tweet they are shorting the stock. keep it here. "power lunch" will be right back. ing our research to find the best investments. by looking at global and local insights to benefit from different points of view. and by consistently breaking apart risk to focus on long-term value. we actively manage with expertise and conviction. so you can invest with more certainty. mfs. that's the power of active management. okay, so you launched your bank's app. now what? how will you keep up with the new demands of today's digital economy? the fact is: some believe they won't need a traditional bank down the road, so at cognizant, we're helping banking and financial services companies think digital, be untraditional, and reimagine what the bank of the future can be. our clients can now leverage customer intelligence to predict their financial needs and provide more contextualized products and services. we're creating new platforms acro

let's go to dom chu. >> we are watching shares of urban outfitters. up double digits having their best day since 2012. the retailer posted better than expected retail sales. ten brokerage firms raised their price target following the beat. sixth straight positive ta. longest streak since january of 2015. shares up 20% so far this year. urban still a big stock. a year ago in march it was a $37 stock now hovering around $33. >> up next, the war on business on the campaign trail. the candidates are naming names, specific companies they are calling out. we'll have more on that when "power lunch" returns. d my bestselling book "the bank on yourself revolution". over the last 25 years, i've researched more than 450 financial products. i found that one of the best-kept secrets to help you plan for your retirement is the home equity conversion mortgage. it's a line of credit for homeowners age 62 or older. and it's offered by a company you can trust- one reverse mortgage, a quicken loans company! call one reverse mortgage now to get the details. their license

dom chu looking at caution signs for the market.re dinged up caution signs. >> they are dinged up. steve liesman making fun. the markets go up and go down. we know this. there are reasons why some traders and investors are saying maybe we could do for a pause here, has to do with warning signs. too many to put up on our wall here. but a handful of them that you our viewers resonated with and what not are here up on the wall now. first of all, we're almost at earnings season yet again, strong dollar always plays in that conversation. has over the past few years. remember those foreign profits are much harder, more expensive to translate into profits here in the u.s., if we have a strong dollar. commodity weakness, associated with the strong dollar, oil prices falling, gold is falling what does that say about those parts of the economy or with the energy sector overall. high yield bonds. people said this as well. are we seeing signs they were on a huge run higher off low levels, but are they rolling over? the utility stocks, the best

breaking it down is a man who has been celebrating all day, sneaks's dom chu. hey, dom. >> celebration, well, i guess i'm more an an sent rate the. there's been a huge trend since 3090. a huge part of the trades from you lock at the company during the shun have been preponderance ploing you look at underarmor. apparel winner mock and we're up closer to 15% and you have a stock like regeneron pharmaceuticals, up 3,000 property and general growth properties, the mall operator, the mall proner, that real estate investment trust. "moulin rouge"ly beat enup in the crisis and those are at 10% aren't among the current s&p 500 members, as for the lag yard line in surprise i guess, it's will the palincks, those stocks have at all ben by two-thirds or $1/4 of their value and how much they are down during that time span as well. leaders and lag yards, i guess it all depends, at least for the celebration, about what you were long and what you were short during this period of type. we know the overhaul market was up but some stocks have really lagged behind. back over to you

we're going into obviously what dom chu characterized as a pretty bag earnings season here. i think it's pretty obvious. these guys have been spot on with their forecasts in the last two years, i think we'll see pretty rough and that v will stand for volatility. i think it's going to be a down quarter. you have a wall of worry out there, and i don't see traders saying, hey, let's get into the market right now. >> even if the fed's not likely to raise rates in the second quarter? >> but like your previous guest said, it's the lifeblood of the market is this earnings season coming up. we'll have to wait and see, but i don't see much good coming out of this quarter right now. >> all the same they're is discounting mechanism, so we can look back at the weakness we've experienced when we've had these sharp selloffs now three to six months out, how well do you think energy or some of these other sectors may rebound? >> i think it's a very sharp question. normally i would have said, okay, energy is a good telegraph mechanic temple and you can look forward as sort of a rebound gauge

dom chu is here. >> so, sara, will 43, what started off as to one of the worst starts in history are just around flat 2016 give or take a few points here or there. both the bulls and bears are feeling pretty good about their respective case. after dropping one%. the trend has continued at least for the large cap s&p 500. however, the parts that are leading higher have a lot to be desired. the biggest gains come from high dividend sectors like telekoms and utility. those are what investors flock to worried about the overall economy. but there are trends, people who feel good about the market, considering big negative factor actually change course. >> rememberer the biggest negative last year, there were two, declining oil and rise in the dollar, and both of those things, at least for now, have reversed themselves. if we can get some of them, we'll have mod equivalent earnings approval for the years and that is what is necessary for the stocks to do okay. >> and that's not it. the bigger picture or macro concerns will be front and center for the rest of the year as well. >> i think it'

i'm sara eisen along with my friend dom chu in for wilfred frost. >> always a pleasure. >>> let's checkal stock. we've seen an improvement on u.s. futures in just the last half had hour or so in terms of sentiments pointing to a higher point. nasdaq futures up a little less than 1 point. this comes after five straight weeks of gains with the s&p with the s&p and dow closing at the highs. year, wiping out what was the worst start to a year ever for u.s. stocks. the earlier action also improved with earlier losses with german dax in positive territory and inches even higher. throughout the morning, the only index in the red is france. modest moves to start out the week. let's show you what happened in asia. the japanese nikkei is closed for a holiday but green in hong kong. and a notable green day if shanghai. up 2.2%. this after the chinese security regulator actually moves to loosen marginal requirements to add speculation into chinese stock trading that was seen as a positive. >> you get a feeling it's very tactical for them right now, they kind of react short term for what's happening

cnbc's dom chu. hey, dom. >> you know, i'm just going to come back every day, melissa, for the sweet words that you utter every single time. hardly a pack leader but we want to talk about some of the stocks that are leading the pack here. we want to focus specifically on the nasdaq, right, because it's outperformed the s&p 500 ever since the february 11 lows that we saw on the overall stock market, what some called the dimon bottom when jamie dimon bought a whole bunchch his own stock. compared to the s&p, a slight outperformance, about a percent during the time frame and if you take a look at the pack leaders here, it tends to be large-cap technology stocks. let's focus on a few in particular. four specifically that have been outpacing the overall market. take a look at amazon.com, one of the top per forming stocks and saw a bit of a rough ride early on in this year and now it's up 17% since those lows and apple also up about 15% since those lows. you get a semiconductor company with intel up about 1

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back to dom chu. >> it appears amazon.com is now back up and running.and running at least for -- on a widespread basis. we have been told that mobile sites and the mobile apps on smartphones also working, so the service outage did not take-long to resolve itself. we're waiting for a comment from amazon.com about what did happen. but, again, melissa, guys, it appears as though the amazon.com website and mobile apps are back up and running again. so we'll see if that lasts for now. back over to you. >> thank you, dom chu. it is not a bird, it is not a plane. it is a giant blimp plane. jane wells has that story. >> i'm jane wells at lockheed martin's skunk works. this is not a bounce house. it is the interior of a new ship they're building for the commercial market. part airplane, part blimp, part helicopter. that story is next. tars pitch you investment opportunities. i've got a fantastic deal for you- gold! with the right pool of investors, there's a lot of money to be made. but first, investors must ask the right questions and use the smartcheck challen

. >> dom chu, thank you very much. >>> do you ever wonder what the traders on the desk are up to whene follow joe cher nova out on to the ice for a look at had his work with the new york islanders children's foundation. >> this is one of my favorite charities, something that is supported over the last ten years. >> there you go. >> we got the top eight teams in the country at the 2005-2006 birth years, here on long island, where we're hosting all of them. >> what do you do? attack. >> giving back. it is about giving back to children. >> get ready. go right to the net. >> that's the side of wall street that people don't see. that's what i'm doing here today. i sponsored the event. purchased all the ice. all the proceeds are going to the islanders children's foundation. >> say hello. >> my dad is really involved in this and i'm happy he's doing it. it is really for a good cause. >> he's never shy about giving a helping hand and extremely selfless to people who don't know him and him and his staff, this weekend wouldn't be possible without his help. >> i want to thank my dad for putting

dom chu also looking at the etf. >> looking at the etf market that got us thinking about whether or not we do see a market reaction here during our u.s. market hours. you can see here we have tracked it up by half a percent now. we're seeing positive territory and also watching shares of another one as well, the ewzj which is the small-cap brazil etf, and those shares are up as well. again, some movement here along this, but as michelle pointed out a lot of this was fairly terrelle graphed so we're not seeing a huge spike and we're near our best levels of the day for our etfs more levered, guys. >> and had seen a general emerging market rally along with yellen as well so that could be part of that as well. >> we'll be right back here on "power lunch." don't move. got a ferrari coming up. that's really cool. at&t helps keep everyone connected. right now at at&t, buy the new samsung galaxy s7 and get one free. no matter how you hang out, share every minute of it. buy one water resistant samsung galaxy s7 and get one free and right now, get up to $650 in credits per line to help you switch

let's get to dom chu with more. >> the financials, key on them.you look at the sector overall, important that one of the key sectors like financials, the second biggest weighting is up by 2% like you said. the xlf, one of the etfs, tracks the overall financial sector, seeing those gains as well commensurate with the overall market. what is interesting, this idea that if you look at the components, since those diamond lows, the february 11th lows on the market, it hasn't been traditional banks leading the way higher in the financials, a lot of insurance companies, also names like naveant. if you look at the best performing real bank, it was zion bancorp, some reenk nagion banks as well. back over to to you. >> emerge is a good word. let's get back out to williston, north dakota and brian sullivan. >> right now that's how most of the oil gets out of the bakken. after the break, we'll talk about a $500 million plan to change all that and why warren buffett may not be too happy about it. stick around. our cosmetics line was a hit. the orders were rush

dom chu. back to michelle at the nasdaq. >> thank you.ummit at the nasdaq market site. we did an exclusive interview with the founder of a band website in cuba. leak a cra like a craigslist. but it is blocked by the cuban government. the founder of the website went into exile for years for fear he would face retaliation for the creation which is extremely popular in cuba and is accessed by cubans with proxy sites. now he thinks it is safe to reveal himself because things are changing so much in cuba. here's what he had to say to other startup entrepreneurs. >> look, when i first found my first company, get in trouble with the cuban government. i found my second company, crowd funding platform, i get in trouble with the u.s. government. has been a lot of new developments that are making a lot of hopes of people in cuba and for the entrepreneurs like me that are trying to do -- to make a change happen in cuba right now. only good news. >> the website that got him in trouble with the cuban government was one related to sending money from the

the man here with the dark cloud is dom chu. give me the details. >> pig pen. i got this dark cloud all around me. let's put meat to the bone of the data they -- charlie and brian were talking about. the expectations for earnings season. so let's reset for you guys. ahead of -- two weeks here, the week of april 11th is when we kick things off. the folks at thompson reuters ibis compile the estimates and in aggregate the expectation going into earnings season is that s&p 500 companies are going to have a decline of nearly 7% in terms of their earnings over the same quarter last year. it is not just the earnings, top line also seeing weakness here. we're seeing 1% declines possibly if analysts are right in terms of year over year revenue declines. so both earnings and sales set for decline, now energy has a huge amount to do with this discussion. just how big? well, it is not that much of a wait, 6%, 7% of the overall s&p. if you strip out energy, hypothetically, earnings growth is only down around 2%. that's a big move here between down 7 to down 2. sales are up

. >> one and only dom chu. >>> big bets today. the most important dow stock could soon surge.e'll take you behind that trade that raised a lot of eyebrows in the pits. >>> apple shares were dead money, but that soon change at their upcoming product event. what cook will say, right after this break. ♪ in new york state, we believe tomorrow starts today. all across the state, the economy is growing, with creative new business incentives, and the lowest taxes in decades, attracting the talent and companies of tomorrow. like in buffalo, where the largest solar gigafactory in the western hemisphere will soon energize the world. and in syracuse, where imagination is in production. let us help grow your company's tomorrow - today - at business.ny.gov >>> welcome back to "fast money." apple's invite is out for the march 21st event, as the doj takes its latest swipe at the company. josh? >> well, melissa, the invitation to this event reading simply let us loop you in already plenty of speculation about what that means. some guessing, listen, maybe it's simply a reference to apple's add

that would be dom chu. >> alive, i feel alive right now, although i feel more of like a zombie that we'rehead of this long holiday weekend. let's look at some of these stocks that have seen real signs of life, and perhaps not life, and have shown signs of resurgence. maybe we refer to them as the walking dead stocks. first of all, if you look at one of the names we've talked about a lot over the last couple of years, check out 3-d systems. those shares now have rallied by about 76% since their lows. now, put in mind here the context. this was a 38 -- almost $33 stock here. now down to about $6. it's rallied about 76% since then. huge drop-off. big signs of life in the recent weeks. can we see it continue. also, square. in terms of payment processing. those shares have lost 45% from the recent highs to lows. now gained 44% since then. near $15 stocks. went down to almost $8, back to where it is now. cybersecurity, always a big focus. up 43% recently. but they've lost four-fifths of their value between their recent highs and lows. it used to be close to $55 and change, it went down to $11 a

dom chu has the details. >> all right, scott, what we are watching here is citigroup shares taking a comments from the cfo at the rbc financial institutions conference in new york staking place right now. according to wire headlines from righters and bloomberg they are citing weak innocence their investment banking business. overale citigroup says that shares -- again, the company is now seeing equity and fixed income markets in the first quarter revenue headed down by about 15% from the same time a year earlier. they also see investment banking revenues down 20 percent year on year. in february, around the 3rd or so, j.p. morgan made similar comments. again, citigroup the latest big bank with diversified securities operations to come out and say that the quarter is chap shaping up weaker than it did last year. in this case here, citigroup basically saying the investment banking business at least going to be lower than last year. >> thanks for bringing that to us. city shares sell off. steve wise you own it. >> i do. >> this is a lot of time talking about the commodity comeback. the

thanks so much dom chu back at headquarters. so any of these names worth a buy? grasso?en you look at it, i think xlp, that's your staples. you're hunting for that because you're hunting for yield. >> okay. >> pepsico, as dom just -- i wish we still had him here, because i have a question. but pepsico -- >> don't do that. >> a name you want to be in. but if you look at all these other thames you have procter & gamble, coca-cola, alteeia group. i still own altria. >> you want to be in staples be, you would pick another name. not that loser. >> amazon is a little scary. traded down below 500. it's at a pretty amazing rally since that february 10th or 11th date. what does it mean? it means this move to 600 is basically a 50% correction of that range. last quarter was a very 2014-like quarter from amazon. they report in a couple weeks. they better pull something rabbit out of the stock this time or it's headed back down. >> amazon, i love it long-term. i agree there could be some weakness near term and choppy. i'd be a little cautious there. gilead, however, gilead is a rock

s&p 1990 right now let's get to dom chu. >> it's stable right now.talked about a little volatility early on in the session. we are seeing relatively stable markets right now. perhaps that's something the bulls and bears may want to rest on for a bit. let's look at the action on the equity side of things. if you look at the futures picture, that dip you're seeing in the first third of your screen that happened after the jobs number came out. we saw a bit of a relief rally, as things stabilized, now at the lows of the session so far on the future side about that. just about a 27-point drop at this point. we had seen a bit of a move against in some of these interest rate sensitive sectors. if you look at energy right now, it's taking a decided turn to the down side. financials holding steady, nat, maybe some people like to take a bit of a bullish stance on that. telecom utilities, those are taking more of a hit. that's because of the outlook for interest rates. if you look at the yields we've been watching all morning, the two--year yield, the ten-year

our dom chu has more. >> you're right.rt interest or how much traders and investors are borrowing stock in a company to sell betting they can buy it back at a lower price sometime in the future, make profits that way. according to data from fact set, there are around 50 members of the s&p 500 where 10% of their stock is betting on a drop in the stock. we have well-known names here. farm equipment maker deere around 12% sold short, high-end retailer nordstrom 20% short interest and the stock with the most short interest in the s&p 500 is currently video game retailer game stop, 40% of its shares sold short. now, many times a lot of short interest can lead to those violent upswings in the stock to book those profits. among those higher short interest names we talked about, those 50, we ranked them by how much shares have gained over the last week. perhaps no surprise, guys, the top 8 percentage gainers are in oil and gas or metel ales and mining. energy exploration and production company murphy oil up 42% and still down 50%

dom chu has more. you're not going to depress us, are you? >> i won't. i'm very impressed.oing to switch to sparkling water. i drink a lot of soda. that explains why you look as good as you do and i have a ways to go here. let's take a look at earnings. it's a dismal one. here's the reason why. we're talking about what possibly could be the third straight quarter of earnings declines. if you look at that, the last time was the financial crisis. according to the company that composites the data, the first quarter 2016 are for 57% drop in earnings on a year-over-year basis. this is the first quarter of 2015. meanwhile sales declines are still going to be there as well. it could be the fifth straight quarter of sales declined down by 1% if all expectations come to fruition. now, energy is a huge part. we know oil prices have declinet a lot. if you hypothetically strip out energy and this is just for perspective. if you strip out the energy component, earnings are still slated to fall by nooerm 2%. but, again, 6.9%, 1.8% decline, that's how much energy is affecting things. we'r

let's send it over to dom chu. >> another spot in the market here.s of casino operating rising on the signs that the casino slump in macau may be bottoming out. sales unchanged from a year ago compared to a forecast of 2% to 10% drop, shares of wynn, sands, mgm up 3%. sara, maybe a little viva macau and not las vegas. >>> shares of kate spade higher after the company missed on total revenue but beat on same-store sales estimates. joining us is jasthe ceo. what are you doing to get double digit sales numbers in a tough retail and apparel environment. >> those are industry leading comps. we've accomplished those great comps alongside of another effort that we have, which is our quality of sale efforts, which is to really focus the consumer on purchasing our product at full price. to accomplish those two things along and at the same time frame was >> emotional product. especially to our novelty product which is really a point of differentiation for us. a lot of emotion attached to it. those things performed well. >> like what? >> we had a little collabo

back to dom chu when -- are you talking utilitys? >> i am.e people think utilities have sex appeal. let's talk about pepco and exelon. both shares up now. pepco shares up by about 1.3%. they were up by near 1.5% at one point here, closer to 2%. exelon shares up 1.25% as well. bring your attention to the fact these shares are reopened after being halted for news on that last ditch effort by both companies to try to save their merger. back over to you. >> nothing more exciting than a utility merger. >> delmarva peninsula needs power too. >> still ahead, a rare exclusive interview with fed governor lael brainerd, sitting down with steve liesman in just under an hour from now. you don't want to miss that interview. "power lunch" right back. >>> a man in havana sent this video today, getting ready for the big rolling stones concert, march 25th. stones play a free concert in havana because everything is free in havana. part of their tour of central and south america. it will be held at the sports city in havana, which seats 15,000 people. only seen

let's head over to dom chu with more. >> whenever you see gold, silver prices, those precious metalse the way that you just showed, you got to check what is happening with the stocks that kind of benefit from them. in this case, we're talking about the gold miners themselves. you see the gold miners etf down by 4.5%. off its worst levels today. still a very, very large gap lower. these stocks have been on real up trends as of late, since the beginning of the year. newmont down 5 to 7%. big drivers here in terms of the met als trade. winners in 2016 so far. but giving back a good chunk of the gains, huge gains for the year, but big move down lower here, down by 4.5% for the major miners etf out there, gdx, melissa. back to you. >> big moves there. thank you, dom. now a check on the bond market. we had strength in the u.s. dollar. we're having a bid in the bond market. the biggest move -- this is notable, in the 30 year and that yield is now down to 2.61%. 96.5 is the price on the 30-year bond. look at the ten year, where people are watching, that's the closest thing to mortgage rates

now to dom chu. >>> regeneron opening for trading, down half a percent. the stock was halted ahead of a jury verdict. the jury decided against both sanofe and regeneron. they plan to appeal the verdict. they were up 2%, 2.5% before the halt happened at 11:44. shares now down as well. sanofi and amgen as well. >>> house speaker paul ryan sounding off on the 2016 election to john harwood. hear what he has to say. >>> and we're counting you down to the fed's latest decision on interest rates, right at 2:00 p.m. eastern time. we're seeing big moves in the market ahead of the fed. the dollar is hitting highs of the day. "power lunch" will be right back. (son) pa, i know we settle for cable... but directv has been number one in customer satisfaction over cable for 15 years. (father) how 'bout over 15 satisfying years with that woman over there boiling your clothes. her layers and layers of...layers. hair that i've rarely seen because it's always under that bonnet. and how she fought off that grizzly and made him into these slippers. that's satisfaction son. (vo

to market flash now with dom chu. >> watching sturm ruger and smith & wesson.could be due to some more cautious commentary out of a smaller cap sporting goods retailer calls sportsman's warehouse. they said a surge in firearm sales at the end of last year and early this year may have drawn forward some demand for firearms and the current sales trends are returning to more normal levels. for context, the shares have seen 50 plus percent gains since their lows in mid-january. so the down moves today means smith & wesson tracking for the first negative week in seven, rug ruger's first down week in ten. we'll be back after the break. t. sup jj, working hard? working 24/7 on mobile trader, rated #1 trading app on the app store. it lets you trade stocks, options, futures... even advanced orders. and it offers more charts than a lot of other competitors do on desktop. you work so late. i guess you don't see your family very much? i see them all the time. did you finish your derivatives pricing model, honey? td ameritrade. there's a lot of places you never want to see

dom chu joins us with a look at the biggest winners. >> good morning, joe. the f in barf, to put it in context for you, take a look at the chart here. if you look at what's happened with the s&p 500 since maybe march of last year over the course of this past year we've seen a drop from the record highs of around 15% and then of course like you said, that big rally that we've seen in just the past couple of weeks ago. as for what's really been driving this particular rally, becky mentioned it earlier. it has been a lot of these commodity heavy stocks. energy stocks in the s&p 500, since the february 11th low, up 14% as a sector overall. very strong gain there. financials up 13%. a real concern for a lot of participants out there that the bank stocks weren't participating. material stocks on the commodity side up 12% as well. as for stock gainers, this peeks to your point. who have been the biggest gainers in the s&p 500? chesapeake energy since those lows has nearly tripped, up 193%. freeport mcmoran, there's the "n" in your bart. up 101%. a doubling there. m

dominic chu has a look at the surge in foreign companies doing deals here in the united states. big numbers, dom >> to add on the starwood discussion, one of the big shareholders, john paulson, big hedge fund manager, just come out according to reuters with comments saying that he welcomes shocking right, this idea of another bitter looking at starwood hotels and good for the overall process. that's breaking in the last few moments or so. let's get back to the overall picture for -- it has been a pretty big year for 2016 year to date for cross border deals, specifically the ones targeting u.s. based companies. look at the broader stats, according to richard peterson at global market intelligence, they had about $250 billion in u.s. volume so far year to date. $250 billion worth. 116 billion, thereabouts involve foreign buyers of those u.s. assets. that's about 46%. so nearly half of it is foreign companies trying to buys u.s. companies or units. if you look at some of the biggest yields we've seen so far this year, among the top ten, around seven of them are foreign companies targeting the u.s.