dr. j important thing to watch for here after the close? >> well, for me, it's going to be facebook, because number one, because i'm in that stock. so, kelly, that's important to me. but as far as the overall market, i think the fact that facebook could actually be monetizing in a bigger way, mobile in particular, i think that's where the real juice is coming from here. stocks just slightly below an all-time high. there were big up-time -- i'm sorry, call speculation in this name. if they can blow it out, that's going to carry an awful lot of social media names, of course, like twitter and all the rest of them that janet yellen talked about. it will carry them all higher. >> can't wait to see what the response would be in case, but look, at least these are the big names in this space that are generating, todd some earnings, have an actual business behind them, but let's talk about the broader markets. nasdaq looking pretty strong today, dow transports at a high, dow jones industrial average

dr. jou. can you tell us broadly speaking whether you think this is yeay, or no, there is a lot happening internationally we should be quite concerned about. >> i think it was internationally. i think it was argentina. i think it was the chicago pmi if we want to look within our borders. the chicago pmi was just miserable, one of the worst in 13 months. i think all of that augers towards rates staying lower for longer. i have made that argument before. bill gross has made that argument. he's got a few more shekels in the game than i do. unfortunately, that's the world i think we're in. adidas saying what they said about russia and those sanctions meaning rates could be pushed lower as well. >> you're in the slowdown scare camp. >> yeah. i'm in the slowdown camp. and for that reason i think it gives the fed more room. i don't think they'll move before -- out of the rest of their tapering until october, kelly. i don't think they accelerated. tomorrow's jobs report is important, but it would h

dr. j, do a couple of examples spring to mind?earnings keeping that top line point in mind here and just how much further can they propel the broader market? >> if we get something obviously world's largest retailer on the net, amazon, coming out in just moments, kelly, that will be a little bit of an interesting read. of course what happens in the senate could be even more interesting as far as the -- weather amazon does indeed -- is forced to continue to collect these taxes from various -- i think eight states already with a lot more lined up that want them to collect taxes. but they're leveling the playing field more and more against the retailers like amazon that aren't bricks and mortar. we'll see exactly how well the consumer has fared in that space in just a few moments. >> yes, we will. jon fortt, so far what have we learned from tech season? tech i think is still the best performing sector in the s&p 500 year to date. >> tech's doing well so far are this season. we just had this report that we didn't really talk about fro

dr. j portugal are real, but they are not yet, it seems, dislodging the markets here. >> right. and you know, i don't want to just dismiss the bank in portugal, but, kelly, $3 billion market cap, that's what it's down to, for the last several years, several regulators have said do not trade with this bank, this is a bad credit risk and so forth. so, as far as the contagion that we had in '08 into '09, you're not going to see that from a bank like this. so, what i looked at was we pay bigger fines than this $3 billion market cap of this bank. >> every day. >> from our banks here as well as barclays, credit suisse, ubs, paribas and all that. so, this is not really what's likely to be a trigger for some contagion, not in my opinion. >> it does speak to the fragility of the european banking system and some of the problems there that haven't been fixed and sort of have been papered over with monetary policy, which potentially is the up shot to today's session, and that is we could see more of it

dr. j., how do you interpret all of this combined?i'm shocked the emc person isn't here with you, mem, because, number one, it's a great exposure, number two, this is a $1 billion purchase of a $50 billion company as far as emc and obviously a $40 billion company as far as the m ware. so i don't get it as far as them holding sway and whether or not they have to, you know, bow down to these guys him i don't get it. i would go on business as normal and beyond here. >> i think it's a little concerning. the whole discussion is elliot thinks this is a strategic move, it would be better for the company, the company is arguing it wouldn't be better, why do they want to come out, defend tear position and make tear case? >> unless the board may be sympathetic to elliot also because. >> that's not what the company is saying. >>fuls there is dugs we can't know about. really, there is no way to avoid that in his conversation, though. >> you can say no competent to me five times in a row. >> what does that actually mean? i get why he wouldn't want

we are closing the vote your chance is over in the bull, dr. j., monster has taken home the trophy tonight 61% of you. yeah. >> trounced. >> kim kardashian helping one stock keep up. her new mobile game is holding spot no. 3 in the app store. we are talking to the ceo. blue mobile is up 45% since the launch of this particular game. that's right after the break. more "fast" right after the break straight ahead. you know what i love america, fine barbeque good times and zero heartburn. ♪ and that's why i take prilosec otc each morning for my frequent heartburn. because it gives me zero heartburn... annc: prilosec otc ahh... annc: the number one doctor recommended frequent heartburn medicine for nine straight years... you can't beat zero heartburn... annc: prilosec otc one pill each morning 24 hours zero heartburn. but what if you could see more of what you wanted to know? with fidelity's new active trader pro investing platform, the information that's important to you is all in one place, so finding more insight is easier. it's your idea powered by

what do you say, dr. j? >> right. to do with his bullish outlook as well as the fact that the market is substantially lower as far as money market and so forth. there's nothing, no place to go. the rates have come down, mel, at 2.6 today. from 3 when he made the call in december. so i think go have room to the upside. just not quite as bulled up as prompt siegal. >> i'm more bulled up because of europe also, but i expect at least 5% somewhere along the way. >> 5%? >> yeah. which is nothing. >> rates? >> no, no, no. >> pullback. >> oh. okay. >> wow. i was like, wow, another bold call today. >> scared me. >>> coming up, money flowing into a few popular atfs, but a reason not to go with the flow. one of the men who runs one of the largest desks in the country. that's next. >>> and looking for value in the good old red, white and blue. "half time" coming right back. helps you be ready anytime the moment is right. cialis is also the only daily ed tablet approved to treat symptoms of bph, like needing to go frequently. tell

wizards. 36-year-old paul pierce, 38- year-old andre miller who i'm told both played in the aba with dr. j. >> no, they did not. >> hopefully the wizards have obamacare. i think pierce and miller will both need medical assistance if they play more than 10, 15 minutes a game. finally the athlete most likely to self-promote, who else but robert griffin, iii. fans wanted rg3 to be quieter this offseason. he was, still this is the only d.c. athletes that tweets about his new logo, then sends an instagram about the tweet about the new logo, then hits you up on facebook about the tweet about the instagram about the new logo. >> we lawsuit about doing an interview and he -- thought about doing an interview and then he had the new logo. >> we'll be back in hey pal? you ready? can you pick me up at 6:30? ah... (boy) i'm here! i'm here! (cop) too late. i was gone for five minutes! ugh! move it. you're killing me. you know what, dad? i'm good. (dad) it may be quite a while before he's ready, but our subaru legacy will be waiting for him. (vo) the longest-lasting midsize sedan in its class. introducin

dr. j., what do you say? >> well, what i'd say is what pete has been pounding the table for for the last i don't know couple months that the vix has been bouncing between 11 and 12, buy the vix. buy some vix calls, have that protection in your portfolio. you don't feed that much. the reason is, you get moves like today. you don't always get a 30% move. i'll grant you that, mel. you do get 15 and 20% moves out of one asset class. >> that makes umm u up on a $100,000 portfolio, you only have to have a ten lot on to make up for a 2% drop. have those vix calls on both, even at 14-and-a-half have a vix call spread on but like i say, i didn't buyeen any into the bell. i think the vix goes lower army. >> you reach for utilities? >> i do. i have owned s. only for a while. it used to be either or. you owned the utility. i own so, it's up over 9%. if you look at the s&p, it's up 6% year-to-date. i get the yield the exposure to equities and a quasi-safety net. >> i will go in the metal space, not gold, platinum. i think

. >> dr. j, where do you see wonderful opportunities here?e frankly, in chips today a lot as well as high tech. applied materials, take a look at the outperformance there. nvidia. lam research, lrcx. these are all stocks up about 2% today with the market up 0.6% or -- not even. >> right. >> so i think that's outperformance. and then i'd also point to carmax, kmx and orly, which is o'reilly automotive. both of those saying the consumer isn't doing quite so bad either. it's doing this normal backing and filling like we've done basically senten lly since thate of this year. >> every market that's up, is it a bubble? we used to have something called overvalued. now if something is a little overvalued, it's a bubble. bubbles pop hard and they hurt people. things that are overvalued become revalued. i like what stephanie said. maybe it's 15 times. that's the point of p/e to come down. it's substantial but not a huge bit of pain spread around. >> steve, to your point, though, if earnings -- if the economy is getting better, then earnings are going t

. >> and making a joke in the makeup room, dr. j. this yas janet yellen, social media and biotechs with a cell. >> this is -- >> a danger for federal reserve to go down this road. my opinion here is that the fed should get concerned when it sees leverage in the system backing stretched valuations. i don't think the fed has, should have such a concern with equity valuations, unless there's a debt concern underneath it that then knocks on to the financial system. >> yellen's done a good job. i say they because the market's higher since she took over. that's what i care about. it's lunacy for them to focus on specific sectors. subsectors of sectors. i think they have no basis of doing that. stocks overvalued today in those sectors, i agree with her view, could be undervalued tomorrow by somebody else's measure. that has the danger of damaging the credibility of the fed. she also says the averages overall, barely above the historical mean. i think. stay away from that stuff. biggest issue, the banks. >> a quick point. the fed creates a m

. >>> big gain for intel helping dr. j and his big book playoffs.lead yet but gaining on joe te. this was the quarter intel traditionally performs well. knocked it out of the park. >> they and still have a long ways to go in mobile, as everybody on twit hear been telling me. the death of the pc over stated and upgrade cycle broadcam moving up. a gentleman saying that might happen yesterday, joe said that. indeed it did. i'm sticking with it, judge. >> bank of america, steph. mixed quarter. not nearlyglows as jpm, goldman good, citi good. wells wasn't that bad. where does that leave us? >> wasn't as clean knop doubt about it. puts and tykes. always puts and takes with bank of america. the problem. it's so big. enough good in terms of capital in terms of credit quality. terms of global wealth management, investment banking. they had a pick up 5% when everybody else is seeing double digit decline. enough good. valuation attractive. buying it on a pullback. >> are you concerned about the revenue slowdown on the mortgage side? does that bother you? i'm l

dr. j spotting unusual options, activity way ahead of the last night drug trial results. what do you see here? this is the talk of the day. >> yeah. indeed, judge. just last wednesday, in fact, this one was hitting on our heat seeker for unusual activity. because you take a look at puma biotech. of course, we would all love to have a stock that goes from $60 a share to $232, jump. somebody appears to have acted on this information a week early, because we saw a very large trade. keep in mind, that this is a stock a lot of us focused on, into asco, the american society for clinical oncology. a positive phase two report, and the stock barely bumped. in fact, it sold off going into that, and then the options barely traded. all of a sudden, a week ago, judge, somebody steps in and buys 1,000 of the 75 calls in this biotech, and those 75 calls in puma have just exploded to the upside. see if i have those on here. no. but, anyway, those calls, jump, exploded from about $7 to over $130. now, unfortunately for the person that bought them, they only made a couple million, because

dr. j, what do you say? >> yes, they will. >> they will. >> yep. >> we're going to -- now, we're not going to see 126 points in the first three hours of every day but we are going to see a number of good days, i believe. i don't know that we beat by much the first half performance, however. in other words, up 6%, give or take in the first half of the year, mel. my target, for us to be up 10 by the end of the year. no yo if he get past that but continue to work up rather than down. >> do we see rotation, second half of the year? what worked, being sold, didn't work, being bought? >> seeing a little of that going on today. consumer discretionary coming around, but this is a classic first day of a new quarter after a quarter which surprises everyone with strong performance. so what's going on today is on the institutional side. you have all the portfolio managers who are under invested now having to quickly reposition themselves to gain waitings. i said yesterday, apple, as my final trade. that's a classic exam

. >> dr. j, jon najarian here as well. make as good point.on over the last couple of days, certainly, that has gotten louder as to whether there are bubbles existent in the stock market. we heard conversation of that yesterday, doc, delivering al a alpha. what is to make, facing geopolitical stories and faced developments in the past, has reacted rarp dramatically at times, at least initially on such stories. as i mentioned earlier, once the news flow stabilizes, somewhat, the market tends to come back and that appears to be what we're seeing here. the s&p is still down 10-plus points. >> yes, sir. we saw, what? a $12 move out of gold. that's not what you expect, the first site, mike describes a catalyst for people to run and hide. you would expect gold to make a $30, $40 move. nocht seeing that at all. oil making a 75 or 80 cent move. coming off of a vicious selling, and just getting back above 102. now it's popped up to 102.85, smk lyi something like that. not the reaction you expect, judge. and a rolloff yesterday. >> you can speak signifi

they're pricing dr. j?ven what janet yellen said, she's been about as accurate as jay carney in terms of calling -- you want to take the other side. when jay karney said don't buy russia, i wouldn't buy russia, take a look at patty as run the numbers for cnbc, how well the stocks have done since ms. yellen called them out. >> qualcomm is on your radar, and i know why. it's a massive behemoth. it sure is. the quarter they are reporting is actually a slow quarter when it comes to their revenues. wall street's expectations don't seem to be that far ahead. just over the midpoint of where qualcomm guided. eps, though. at 1.22 is toward the high end of where qualcomm guided. two things will be key here. one is qualcomm's guidance for the next quarter. this is their big quarter. it's got the holiday stuff in it. you want to see some excitement from them, and part of that is going to be the china 4g roll-out. qualcomm said last quarter that was happening more slowly than they expected, but does seem to be happening

. >>> welcome back, once again dr. j spotting unusual activity. what do you see?at's right, judge. over on melco crown, of course a gambling play. now it's right around $32. what we saw today were two interesting trades. one, these bought the weekly calls that expire next week. i bought a lot of those. then they came in and bought the august 32 calls. so they're thinking this thing will jump from here towards here over by august expiration, but even next week could have a big move. if it moving back to 37, where it came from, the calls do go to about -- like that. >> a casino operator. based overseas. a stable in macau. >> i think that's why -- they had almost no open interest in these oping. that's two very big bets. >> as you're speaking about it, doc. are you in it? >> i'm in the stock and the options. in the week le options. i'll probably be in those only for the next five trading days, because they expire next friday. >> good stuff. citing concerns. josh brown had this to say about the company just a few weeks back. >> duncan has very low capital spending, in

i almost like reading dr. j. jay bryson, one of your colleagues at wells. this guy is brilliant, paul. jay bryson, your chief international guy. >> we like him a lot. >> good. >> good guy. i learn a lot from him. >> all right. thank you, guys. appreciate it very much. ty, up to you. >>> volatile trading day down, up, where will we end? even the so-called smart money, taking a hit today. hedge funds are getting hurt the most. we'll have that for you. >>> plus, one of the nation's top gun makers apparently reaching a major settlement. scott cohn on the story. scott? >> it is a settlement, tyler, involving a gun we first told you about nearly four years a i go. the most popular bolt action rifle in the world and allegations that it is unsafe. a follow-up on a cnbc investigation coming up next on "power lunch." tdd#: 1-800-345-2550 there are trading opportunities tdd#: 1-800-345-2550 just waiting to be found. tdd#: 1-800-345-2550 at schwab, we're here to help tdd#: 1-800-345-2550 bring what inspires you tdd#: 1-800-345-2550 out there... in here. tdd#: 1-800-345

. >> dr. jhis man right here. >> reporter: the espys celebrating this year's top athletes. >> good to see you. >> good to see you, too. >> i love all of you until you start losing then you're dead to me, okay. okay? >> reporter: rap star drake taking center stage as host. his personality contagious even when poking fun. >> danica, you don't always come in first place we know, but somehow in nascar, you're the only face we know. >> reporter: all good-spirited. >> it was all love. you know, i just wanted to touch on things in sports that i hadn't really heard people make jokes about before. >> reporter: the men's usa soccer team clenching an early win for best moment. >> clint dempsey scores! >> we all feel that soccer is going to make it. it's just a matter of time. >> reporter: but strength off the field recognized too. >> the st. louis rams select michael sam, defensive end -- >> 2014, arthur ashe courage award, michael sam. ♪ >> late great arthur ashe wasn't just courageous, he was brill brill

dr. william j. barbbarb er ii. was born two days after the march on washington, august 30 of 1963. >> we hope to send into mississippi this summer upwards of 1,000 teachers, ministers, lawyers, and students from all around the country who will engage in what we're calling freedom schools. >> i'm bob moses. in the summer of '64, i was sort of overseeing the summer project. we didn't call it freedom summer. the historians labelled it freedom summer. when i first hit mississippi in 1960, when i came back in '61, i had an identity. i'm a stranger walking down the street, but the little kid points, there goes a freedom rider. so the freedom rides had expanded the consciousness of the black community. so you could use that as your opening. >> william barber was a freedom fighter and he taught us how to fight. >> people are standing up because what's in their soul, what's in their heart and trust in a movement. a coalition movement is the most important thing. as a matter of principle, we say that we always try to stand t

orbits, las vegas sands, sandis, kinder morgan, just after hours, dr. j.appened during the session today, the m&a activi activity. where do we start? >> well, you would start with the m&a activity, i certainly would, because an $80 billion deal is a big deal. time warner, i think that's huge. i'll bet that we're going to see, kelly, some competing bids come in, and i say bids as in plural. everybody throws disney out there. there may be another firm that happens to be one of the biggest media companies in the world that might have an interest. >> well, we asked bob wright this question in the last hour of the program. he said, basically, that the low interest rates here, the ability to pile on and take into account, bob doll, mass amounts of debt are a reason behind this deal, that they're looking to perhaps create a disney by tying these two companies together. but to your point, who knows who else could be a suitor. what's your take on this deal? >> twx has been in the rumor mill for some time. now it's in play. and so, if anybody's at all interested, th

dr. larry kobilinsky from john j. college. really appreciate your being here. >> my pleasure. >> so arizona officials used a specific combination that's got a spotty track record now. mydazolin and hydromorphone. it's the second execution where that's gone wrong. does that combination cause pain? >> the issue is whether or not there's consciousness. if you are unconscious you can't perceive pain. i'm not talking about sedation. i'm talking about consciousness. so whether or not this person was gasping, that could be a physical response. obviously, the body seeking oxygen. but the issue for me is whether he was conscious or not. if you aren't conscious, you cannot feel pain. >> the medical examiner has directed their forensic experts to draw blood from this body before it's bury periied. >> he was given these two drugs. these are both given in lethal amounts but the issue is whether or not -- what is the dosage of each amount that actually entered the blood stream. there's been a case, the lockett case in oklahoma, another botc

j she wareetbout it. sometimes subtle, ear as day for yl. drs same, they'd both wear dre, esor ts, but they would th would say was more like a coincidence. but i secretly think that they planned it. >> reporter: are shelia and rachel hiding a secret about what happened to their best friend? officer colebank is determined to find answers to bring the neeses' dauger he.d dave and m very first day that i met them i said, i'm a bulldog in my investigations. i said i don't care if it takes me ten years to find the truth, i will eventually find it.ter: the girls play a strange secret game captured on camera by skylar. >> drowning focating? stay with us. #2020.y do you think the hn twi back. s full and focused. [ barista ] i have two e with room, one large mocha latte, a medium macchiato, a light hot chocolate hold the whip, and two espressos -- one with a double shot. heh, heh. that's not the coffee talkin'. [ female announcer ] start your day with kellogg's frosted mini wheats cereal. with whole whes g on one side and a hint of sweetness onhe, to get

mnseatiours tdsatwee nd werninuld bout dr windti grr latto a tturesd hyswe'll ns nd owtu ca bucou bdgreilse > lpsen urban w c . do cengtwkycint y twfen.th s moi t jnpa ath dha m nhe tgisarsked w itid ntac >oo6: ant c de.e n jue strprt ght.g with t,akoutside tivtenty philadelphia.. th raiwithttnd sth je.ey lasll pimen togi p theaw l poweouiv10 thr is d thnbews. moving storm h delaware valley, leaving thousands of homes and traffic ghtsitho por. this is live loo at bryn mawr. yomay need this ni power outages may hning f tge l shieani's t damage. >>> and i warm and sunny right now. but looking ahead to our fu, another storm may be ceping up. good morning and welcome to nbc 10 news today. i'm vai sikahema. >> i'm tracy davidson. let's find out about sunpine in spots, rain in others. 're tracking rain at the jersey shore. you can see some clouds to the east. a live view from the comcast center in center city. cape may getting a few sprinkles, into the atlantic light rainfall right now. those showers will end but more will likely develop during the day. it is not as hot as yesterday. we're in the 60s and low 70s. the tempatures will stay lower through

j. >> certainly everyone will be looking at now. >> former safety investigator. dr alan beale. thank you for being with us. >>> the crash threatens international pressure oars, with europe and -- pressures, with europe and washington drawing links to pro-russian separatists and more directly to moscow. the latest on the evidence and demands for access from "america tonight"s sheila macvicar. >> reporter: a day after the disaster ukraine's intelligence surface released this video, showing a missile launcher in separatist territory. it seemed to be missing one rocket. the u.s. and other western governments believe it was a missile fired from a buk launcher, bringing down nh 17. >> -- mh17. >> evidence indicates the many was shot by surface to air missile, launched from an area controlled by russian-backed separatists in ukraine. we know that this is not the first time a plane has been shot down in ooemp ukraine. over the -- eastern ukraine. over the last couple of weeks a ukranian transport plane and helicopter have been shot down, and they claimed responsibility for shooting dow

security including the deputy director of the national cyber security division and the uscert j we will hear from dr. paul vixy who is the chief executive officer of a commercial internet security company. he previously served as the chief technology officer for above net; an internet service provider and the founder and ceo of maps. the first anti-spam company and the author of several internet standards related to dns and was the detainer of bnid. he was recently inducted into the internet hall of fame. finally, we will hear from greg spitzel who is the executive director, founder and president of the online trust alliance. the online trust alliance encourages best practices to help protect consumer trust and he works to protect the vitality and innovation of the internet. prior to founding the online trust alliance, he worked at microsoft again, the fraternity where he drove development of anti-spam, anti-fishing, anti-malwire and privacy technology. he was appointed to the fcc's communication, security, reliability and inoperability counsel. he's also a member of infra guard. a partnership betwe

j crew may make it worse. they after an extra, extra small. now they are selling pants with a size 000 waste. dris a professor at the n.y.u. school of medicine, tham you for joining us. j crew trying to accommodate women in asia acting for smaller sizes. there are two different things: it creates pressure. there's a lot of evidence, we feel like they should lose weight. >> they are bigger than they are. they are reaching the general population. increasing the pressure they are feeling. 23 inch waist that is. how much of a real image is that. as a doctor. use it as height and wait. at the same time, 23 - that's a little small, very small. the fact is that it's possible that people are smaller in asia. at the same time a lot of people liked the height and body weight. this is going against pt trends. >> in the united states, we do faus an obesity emkmic, should -- epidemic, should we folks on how small the clothes are. >> at any extreme there's a danger. if you have small sides or really large sizes maybe that wouldn't create controversy. we care about fitness and health. what you worry about is a

here so dr hansen for those that don't know can you start by giving a brief overview of the symptoms of c.j.d. what it does the human body and where does the disease originate. variant there is c j d n variant c.j.d. or v c.j.d. is what supposedly caused by eating meat from cows that have been in fact good with mad cow disease but it is a disease of the central nervous system and particularly the brain that's where you see the symptoms. spongiform basic. sponge like so it's a disease that causes functionally holes in the brain and. people have different. they sort of become they can't move or they make sure. range of symptoms but it's an invariably fatal disease and how does it originate in cattle today and how widespread is it both domestically and globally. they don't really know there was this outbreak of b.s.e. that happened in the european union in the united kingdom spread to europe it spread to the united states and what they've learned is you have to stop certain animal re feeding practices and we haven't done that and even though they try to say that there's forms of mad cow disease for example our fourth case of mad cow disease was in california dairy cows that was dis

doctor dr james zogby founder and president of the arab american the arab american institute institute thank you i'm innocent were here and alan ellesmere a vice president for communications at j. street. allan israel has blocked a unity deal with hamas in the palestinian authority there was an op ed in the new york times that nathan trail wrote basically blaming the west for this current conflict he wrote for many gazans and not just to ma supporters it's worth risking more bombardment and now the ground incursion for a chance to change that unacceptable status quo a ceasefire that fails to resolve the salary crisis and open gaza's border with egypt will not last he went on to say it is unsustainable for gaza to remain cut off from the world and administered by employees working without pay the current escalation in gaza is a direct result of the choice by israel and the west to obstruct the implementation of that april twenty four thousand palestinian reconciliation agreement specifically paying the civil servants fifty four thousand. huge boost to be heard i look to that article i did some research and i think it is factually incorrect. it's true that the civil servants are