about a 4.25% for dr horton and marathon petroleum on the upside by just over 2.5%.e of lower oil prices, ty, are now up 22 points on the trading session and the oil market as you know is part of the reason for that. so are the airlines. the airlines have. pushing transports higher. the oil market is last traded on the downside by about 1% or so. so you're up to date. >> all right. sue, thanks very much. that will do it for another edition of "power lunch." thank you all so much for watching. >> have a great afternoon. "street signs" begins now. >>> it is a big day on cnbc and we have a blockbuster hour on tap. live at the deal book conference for a rare, exclusive interview with billionaire hedge fund ken griffin. you cannot afford to miss that interview. are we at a market top or still time for you to get in? market all stars debate and another retailer heads to the front line in the war on thanksgiving. this one is also for the birs. robert franks has the new migratpa

we have teen retailer abercrombie & fitch, cliffs natural resources, dr horton and solarp. a diverse mix of stocks, ab berby, cliffs, dr horton, while first solar is up 95% year to date. back to you. >> terrific, seema, thank you so much. that was fun, guys. >>> calling this a storm is an understatement to say the least. it is turning into one of the biggest ever recorded. the it is a super typhoon with 195-mile-per-hour winds. hundreds of flights have been canceled. tens of thousands there trying to take cover in the philippines and other parts of asia. there could be major fallout for business and the global economy. we're all over a still developing story. the latest on this monster storm coming up next. it's as simple as this. at bny mellon, our business is investments. managing them, moving them, making them work. we oversee 20% of the world's financial assets. and that gives us scale and insight no one else has. investment management combined with investment servicing. bringing the power of investments to people's lives. invested in the world. bny mellon. a lot can ha

merck, dr horton, sirius and starbucks. murphy, merck. >> i think merck is a name you can own here. they pay a great dividend up about 3.5% and this is one of the best names in the space so although it's up near its high you can own merck without question. >> dr horton, josh? >> yeah. on the plus side it's already down 35% from the may peak for the home builders and frankly 17.5 looks solid for support. the problem is it's 12 times earnings and if we've already seen the peak of home building for the cycle, that's not cheap. >> sirius? be serious. >> i will be serious and i love this stock. i listen to it all the time both on the iphone as well as in my car. i like it going forward. again, when you can take competitor out of the space which they have done i got to like the space i like this stock. >> joe, starbucks. >> tell me who's not walking around the malls holding a starbucks cup. buy it. >> do the biggest pops and drops. freeport, give me the trade here. >> the call from goldman sachs takes it from a buy to neutral say

we have a drop for dr horton down 6% on the week. >> tough week in home builder space. we saw rates up again. we know what happened in the spring with home builders and home sales. i'd stay away for a little bit. >> drop for lululemon down 8%. >> i liked it for a while. as it gets back toward $65, i think it gets interesting. it's an extraordinarily volatile stock. i understand if you don't want to foray into it. 65 bucks, there's a chance this makes a push back up to 80 once again. >> ad hoc pop for steve grasso. finally showed up. he made it through traffic, which has been horrendous because of the marathon. he'll join us later on in the show. all right. coming up next, it's time for trade school, ipos with a huge day, one huge one day gains. >> go ahead. try it again. >> tough to figure out. but our traders are on the case. then ever wonder how your phone knows when you turn on the side. a company makes that and other motion tracking technology possible. stock is up 50% this year, talking to the ceo, and we're going to trade that stock straight ahead on fast. really?

. >>> home builder dr horton reports fiscal quarter results before the opening today. 30 cents a share. a lack of developed land is hampering its ability to develop new properties. joining us with his results, carter worth. thanks for joining us. the earnings per shares are due to go up. you think, though, we've had the best of it. why? >> well, in principal, right, we know that price moves before fact, right? there is wisdom in price. and that is the case, of course, with home builders. these securities, whether it is dr horton or toll or lenar, basically they're tripled off the lows of two years ago. it was 10, it hit a high of 28 in may. things are fine and robust earnings and good earnings to come, just as you've intimated. now we see that the securities have sold off aggressively, having hit a high of 28, it's now trading at 18 down 35%. and it really turns out, of course, that these stocks were way ahead of themselves, which is often the case. price moves before the fundamentals turn. yet the stocks have gone the other way because they're ahead of themselves. and

lennar down 4%, dr horton down 2.5%.the other side of the coin you start to see some of the insurers start to get a pop if the fed were to taper, so you are seeing direct correlations between people wondering if that were to happen. but for right now the dow up 96 points, at least we know that is a fact. we can't speculate too much. back to you. liz: okay, we won't, in fact. why speculate when you have the head of the labor department? we got those highly anticipated jobs report defying fears that the recent government shutdown would end up slowing the pace of jobs growth. that didn't really happen, but what does it say about the state of the nation's recovery? joining me now is u.s. labor secretary thomas perez. welcome, secretary perez, thank you for coming. >> always good to be with you, liz. liz: thank you. listen, let's get right to it. as you dissect these numbers and as the american public dissects these numbers which, by the way, were way better than expected, to what do you attribute the upside surprise? tell us

>> names like meritage and ryland have been amongst the most aggressive and dr horton in terms of investingcommunity growth. that's what's going to drive their volumes slew the housing recovery. >> you like the west coast? >> no. those three builders -- >> southwest, sort of -- >> i would say most of the builders if you look at the smile markets as they're sometimes called from the west coast into texas and up into the d.c. area, that's where most of -- >> what's a smile market? i've heard of -- what's a smile market? it's not concentrated with dentist and zip code. >> draw a smile across the u.s. map you would get the west coast through the central markets like texas into florida and then up into the east coast. >> these stocks are also all of them are very interest rate sensitive, right? as rates i can assume at some point will continue to move higher or up quite a bit, so which ones would you avoid in that situation? which ones would not withstand that? >> well, interest rate volatility that we have a seen through the summer and early fall has affected all parts of the market. it's not r

. >> second in size only to dr horton pulte operates in several categories acquiring entry-level syntex during the recession but now focusing on the move up and higher-end homes in their pulte and active adult dell web divisions. he admits demand is slow for entry level and that's why pulte is focusing on those higher end homes. >> i think you're going to have to adjust in our case the overall portfolio in order to take advantage of that and perhaps the entry level is not 40 or 50% of overall market like it used to be. maybe it settles in at 35% or 30%. i don't know exactly. and by no means is that market dead. it's a question of how robust is it. meantime our job is to invest where we can get the best returns and right now we're seeing that in the move up and active adult category. >> pulte's entry level pitted against the single family rental market which he said he thinks is a long-term place so interesting because some people think that it's going to be a quick gain. he says it's going to be long-term competition for the builders. >> great interview, fascinating to hear from him. go

and you said that joe, the bear, won the debate on dr horton.e, as the loser, simon, make your final trade. >> well, i'm not going to deal with the housing stock. cme group. >> quickly, joe. >> moreup side in rig. >> pfizer beasting to break out. >> quickly weiss. >> ubf short bonds. >> "power lunch" starts right now. >> "halftime's" over. the second half of your trading day begins now. >> scott, thank you very much. biggest names in business have been talking at one serious po power conference all day long and it is only on cnbc. on the list and makes news today, dan loeb, barry diller, ken griffin and elon musk. that's a musk shot right there. oil in the usa, watch out saudi arabia the u.s. is expected to overtake you in oil production faster than anyone thought. so what? so a lot. from pump prices falling to jobs to politics, full coverage of th

. >>> don horton has parkinson's disease and his wife is doing something strange. she's using magnets to make daily chores a little bit easier for him. dr for more than three decades, don horton's life has been mostly football. >> division i, division ii, division iii and also a high school coach. all very rewarding experiences. >> in 2006, don became one of the 60 thousand americans diagnosed every year with parkinson's disease. >> perhaps the worst day came in 2009, that's when don found himself unable to button his own shirt. russell wilson, who is now a quarterback with the seattle seahawks, helped don with his buttons so their team could get back on the road. >> it's just a humbling experience to be helped with doing something. you can see it there, you did it before, it seems so easy for everybody else to do. >> there were so many challenges that he was going through i couldn't help with, but this was one change i could help. >> don's wife, moira, got to work, creating a line of magnetic clothing, free of buttons and zippers, that would help her husband and others, regain their independence. >> so, it's a simple as lining it up. >

dr. sanjay gupta has their story in today's "human factor." >> good job right there. >> reporter: for more than three decades now, don horton's life has beenvision two and also a high school coach. very rewarding experiences. >> reporter: then in 2006, don became one of the 60,000 americans diagnosed every year with parkinson's disease. perhaps the worst day came in 2009. that's when don found himself unable to button his own shirt. russell wilson who is now a quarterback with the seattle seahawks helped don with their buttons so their team could get back on the road. >> just a humbling experience. you know you can do something, you've done it before. >> there were so many challenges he was going through that i couldn't help with. this is one change i thought i could do. >> reporter: calling on her own experience as a children's clothing designer, don's wife maura got to work creating a line of magnetic clothing, free of buttons and zippers to help her husband and others regain their independence. >> it's as simple as lining it up. >> i wasn't sure what to think. the e-mails she got were incredible. help so many people across the nation. >

horton home sales are edging higher. although new orders were down 2%. street likes it, bad news already built in. new cancer vaccine is rethinking how we treat cancer. here is how drweek described this when he brought us the story. >> they take the tumor out of the body and use the tumor to provoke an antibody response, or an immune system response. so all the proteins on the tumor challenge our own immune system and our immune system fights it as if it were an infection. charles: les gold, senior vice president with vie row therapeutics. they are the company that dr. siegel said makes the vaccine we were talking about. that is a lot of people, obviously when you say cancer vaccine, what exactly are we talking about here? >> i think dr. siegel put it pretty well, charlie, that the strongest weapon we have to deal with any invasion of our body is our immune system and, we've been for 30 years or more using chemotherapy and poisons instead of turning to the most natural solution and as dr. siegel indicated, and i think the great response we've seen because people know enough in the cancer area to want something better and different. by taking tumor tissue that gets