etf stock.com. i don't know if you have ever dabbled in it. >> i traded a lot of etfs substantially. it's interesting. he made a point about how much these things trade. sometimes a little can be a warning sign or a lot. it's not just true when the interest gets too big, it can create problems. ung some people may recall has the underlying instruments for natural gas that they were supposed to be trading and issues with respect to exchange limits on the number of contracts that they were allowed to trade and that prevented them from issuing new shares when they were having trouble. etfs can as well. you have to find the sweet spot and look under the hoot. >> always do your homework. >> coming up next, why justice kennedy may have changed the trade. more fast, straight ahead. ♪ when your chain of supply goes from here to shanghai, that's logistics. ♪ ♪ chips from here, boards from there track it all through the air, that's logistics. ♪ ♪ clearing customs like that hurry up no time flat that's logisti

them are buying etfs. maybe it does reflect the underlying buying just to the etf side not just the mutual funds. >> you can make that argument, yes, it is etfs. and etfs have been growing. however, most professionals still view etfs as largely the province of professional traders. for example, they're not in any of the 401 ks. i'll grant you, there's been some buying by retail investors of etfs, but by and large still the business of professionals. >> thank you, bob pisani. let's check in with seema mody at the nasdaq. the nasdaq at its best levels in over a decade, right? >> mandy, risk-on continues. witnessing best quarter since 1991. the nasdaq 100, the subset of stocks is turning in 12 straight weeks of gains. some money managers saying tech is still cheap and has the ability to run up even higher. when you have a risk-on rally, you naturally see investors pile into tech. interestingly enough it's not just high beta momentum names adding strength. it's the older tech stocks that are seeing some green

or are you more in the etf world? >> we do not take delivery.s not allowed as part of our constitution to take delivery of the commodities. >> in terms where you see the best opportunities at this point, you said you share ideas with your partners. so what's attractive these days? >> what i like on real estate, i love multi-family. if you look at the demographics and job growth. let's buy locally, let's borrow globally. let's buy in markets that have better than the average job growth over the next five to ten years and borrow these low interest rates. if we can lock in five, ten years money and wait for unemployment to go from 8.5 to 6.5 to 4.5, we will make money at real estate. and office space is a place that is misunderstood right now. it's way oversold. we like the idea of going into growth markets and buying value at office where we can buy value. on privacy equity, we like being able to drive performance. the decade of financial engineering is over. it's now about blocking, tackling. driving revenue. hiring people. figuring out how to ru

mike, you're taking a look at the home builder etf.ght be a good opportunity in my view to put some hedges on if you want to stay long either some of the big components of xhp into some of the numbers. one way to do that is buy the june puts costing you about 75 cents. stay in your longs and get the pull bark and then we can look to spread the hedge a little bit. >> "options action" tomorrow at 5:00. next on "fast," jim rogers, chairman of rogers holdings on why he's betting the farm on agriculture, and a country that most people probably can't even find on a map. more "fast money" straight ahead. if you are one of the millions of men who have used androgel 1%, there's big news. presenting androgel 1.62%. both are used to treat men with low testosterone. androgel 1.62% is from the makers of the number one prescribed testosterone replacement therapy. it raises your testosterone levels, and... is concentrated, so you could use less gel. and with androgel 1.62%, you can save on your monthly prescription. [ male announcer ] dosing and appl

and they're looking at the boil etf. the dow jones industrial average double long etf. so those are two to keep in mind as you're trying to play natural gas. here on the floor though they trade futures and options for natural gas. and i'm here with cindy who is an independent trader and has a lot to say about the spread action you've seen in natural gas. how do you make money with prices this low? >> as you said we're trading near a 10-year low. it's not unusual to see the lowest price of natural gas around this time of year because we're between the winter heating season and summer cooling season. one thing you can do is sell the front month future contract, which would be may. and buy further out along the curve, maybe september or october. this lets you limit your risk and should let you take advantage of the downward pressure on the front month in a bear market. and it gives you a couple months to rollover your position as you assess what kind of summer we get. >> are we already seeing people do that particularly today as we do have the expiration of the april contr

etf is an exchange.t's about an access opportunity and the ability to get the under lying opportunities in a general manner. >> i'm sure there are plenty people out there, younger people, who invested ten years ago and they have not made a single dime so they don't feel the same as someone who has been in the game for more than that. >> right. i think you need to look at the stock market more broadly than equity opportunity. if you look at the amount of inflows into bond funds, for instance, or the commodity products out there today, the investors have a broader range of asset classes to chose from in the past. >> and one last question, in terms of demand for designing new etfs, what areas, asset class would that be in the most? would that be currencies or commodities? >> we see a tremendous amount of interest in activelily managed etfs, nontransparent or people who want the same transparency as mutual funds today. that's what we're looking to bring to the etf world. >> okay. thank you. appreciate it. >>

there is money into etfs. >> there is money into etfs, but the interesting thing is while that moneyar as u.s. stock funds, it was piling into bond funds almost $11 billion. that's an incredible number. >> it is. we will keep watching the story and check out more of jeff's story and look for when wall street is bullish. they head for the exits on cnbc. that will do it for us. thanks for being with me. i hope you will follow m

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next on the halftime report unusual activity in a very popular etf. dr.ay will tell you what cease seeing. we could be right back. sometimes investing opportunities are hard to spot. you have to dig a little. fidelity's etf market tracker shows you the big picture on how different asset classes are performing, and it lets you go in for a closer look at areas within a class or sector that may be bucking a larger trend. i'm stephen hett of fidelity investments. the etf market tracker is one more innovative reason serious investors are choosing fidelity. get 200 free trades today and explore your next investing idea. i don't know... i forget. hello, neighbors. hey, scott... perfect timing. feeding your lawn need not be so difficult. get a load of this bad boy. sweet! this snap spreader system from scotts makes caring for your lawn snap-crackin' simple, guaranteed. just take the handy, no-mess bag, then snap, lock, and go. it's a new day for lawn care, feedings never been so easy. to see a demo of the snap spreader, go to scotts.com. feed your lawn. feed it!

there is transparency in etfs. >> there's not a lot of 401(k)s with etfs. i think there is clear evidence the public is not participating in a big way. so my point is, who's buying? the stock market keeps going up. who's buying? and my point is corporate buy backs. corporate america is taking the feds providing cheap man. they borrow it and some of the money is used for corporate buy-backs. we are seeing about $40 billion a month going in and and look what happened this month. remember the banks got a significant okay go ahead to do buy backs this quarter. look at that. 23 billion. apple announcing 10 billion. you got about 44 billion. that's average. about $40 billion for months now. this has been supporting the stock market. >> so the float is shrinking with a result of the buy backs. >> right. >> look at the united states of apple. how many dollars they bought back. >> let's talk ben bernanke here. because of course his comments today, once again boosting confidence in stocks whether institutional or retail. he continues to reiterate that rates will be v

again, a dramatic v-shape there along with the technology etf as i said.ne after starting the day sort of decidedly in the red. take a look at google, as well. you know, that's a stock that's fairly strong since apple declared its dividend. there's google today up. we find it right now at the highs of the day. wondering what you think this is due to, whether it's speculation of big two to do a dividend? >> seems -- i only laugh because that seems to be ever since apple made the decision, yes, do something about the dividend, with the speculation out there. i don't know whether or not they do that. at $600, the stock's a little oversold and bounce off the area each and every time it's tested down there and look at over at the competition, because of the china. take a look at that stock, as well. gold outperforming the market. >> we had this conversation the day that apple actually paid or said it was going to pay the dividend. with that market top in dividend paying or spur more companies to do the same thing, stephanie? >> technology companies, they have a

this is ridiculous, 223 is ridiculous. >> scott, there's an etf that owns all of them. if you don't want to take the single stock risk because they can be very risky, you can look at fcg something that we've done before for clients. it owns all of the mid cap natural gas only producers. it's a nice basket. and that would work if dan's right. >> we're not faulting you for the lack of a "fast money" trade. sometimes smart money is better. >> call your congressman. we're all getting hammered. the economy is in trouble. this will help jobs, help everybody's wallet. it will help the economy. it's an absolute no brainer. tell the politicians to get something right. >> now you sound like santelli. you're channeling your inner rick santelli. >> talk to you soon. >> you bet. >> you like any of these other names. >> i like chesapeake. >> i think one of the best ceos in natural gas industry. there's value there. the partnership with kkr, i think that's a very good stock. but i got to ask myself, why or i should have asked dan because he's more knowledgeable than me on this. but wh

also we have the top five etfs you want to avoid in terms of etfs that do not track. >> like a doubleterms of buyer beware when you're getting into an etf. >> we should mention you saw "hunger games." went to the premiere. you didn't go over the weekend. you like it. i'm reading the book now, simon. can we get you in this club? >> i might go see it. it was a premiere you went to? >> it was a screening. >> you didn't go to the nightclub afterwards? she came in and said there wasn't a lot to do the following day. she said i could have gone to the boom boom room. >> "squawk on the street" field trip is in store. >> simon is going to stick around. if you're just waking up or joining us, here's what you might have missed this morning. >> welcome to hour three of "squawk on the street." here's what's happening so far. >> whether you believe in the bill or not, or believe -- whatever you believe. and whatever the fee is in the beginning, why would government to be able to buy health care cheaper than you can buy it? >> the sooner -- >> do we know -- can you tell us anything at all except i l

s&p bank, etf. tell us why you like this? >> this is a diversified index of both regional and large national banks. government regulators are burning banking industry really into something representing a utility industry, but they're still going to make money and earnings growth is going to drive share prices higher. they've run up recently, but i think earnings growth will propel it higher. >> susie: you were talking about good bopped funds to go into, and investor -- a new etf. wisdom treat emerging corporate bond fund. emt. why do you like this one. >> it invests in bond funds in emerging market countries. it's all in u.s. dollars, so there's no currency risk. pot tential for share price appreciation, as long as investors realize the bonds are more risky than u.s. companies. this fund will do well and pays a 5% yield. >> susie: and you like a real estate fund, ticker sim bowl. rit. why do you like this one. >> it pays a seven percent dividend, trade 12% discount. >> susie: you covered all the bases. we appreciate that. any

. >>> etf is up more than 11% to date. our next guest says there are red flags in the chart.'s bring in abigail doolittle from peak theories research. good to see you. >> nice to see you too, scott. >> what should have us concerned. >> the materials look vulnerable to the down side. it's the sector to have not reversed the immediate term down trend. this probably reflects lingers concerning of investors. we also see the xlb is trading in a consolidation pattern. it appears right now to be a double top. that pattern confirms that 3640, if it closes belo you that level, the target is 35. there's an unclosed gap there, so overall i would say the xlb looks vulnerable, and again this probably reflects some worries around the economy. this is showing up in the chart of copper. >> on that note. is that why you're looking at freeport mcmoran as well? >> this chart looks very vulnerable. it's not reversed. it really has not recovered from last august. it also is trading in a consolidation pattern, a bearish descending triangle right on top the 50-day. if that patterns confirms, the ta

the etf market tracker is one more innovative reason serious investors are choosing fidelity.ades today and explore your next investing idea. when it comes to preparing for your financial future, it helps to have a team that performs well together. pacific life offers life insurance, annuities for lifetime income, mutual funds and retirement solutions. ask a financial professional about how pacific life's more than 140 years of experience can bring strength to your team. pacific life - the power to help you succeed. >>> here at the nymex, the april contract has rolled over to june and there is still a lot of weakness in the market. traders say there's been a great deal of decline in open interest and a lot of etf selling as well that's contributed to selling gold prices. we're looking at a number of investment firms lowering their forecast for 2012. looking at ubs saying that prices will be 1680 on average for this year. back to you guys. >> all right. thank you so much. the market is making a big comeback. the best quarter since 1998. amazing performance. those gains are noth

. >> so people trading in and out of etf's constantly? >> yes. the demize of the specialist system, which is completely disappeared. the ability of using all sorts of electronic transactions to interface with the market, frequent trading. >> high freak sit trading. >> the types of systems. i think they have created much higher daily volatility, and there's no question that has contributed to people's anxiety. in the long run, i dothink daily volatility is going to interrupt the long-term returns. but it sure doesn't feel good. >> do we have evidence yet that it is not affecting long-term returns? for instance, when you go about your business of analyzing individual stocks, and you're looking at how those stocks behave over the three to five-year periods or whatever, are you noticing any difference in what kind of returns that you can expect? >> well, i do think -- that's a great question. because we're looking every day at the expected returns, and we do have expected returns in our mind. we want to gather a portfolio that could generate

if you get the etf or etn, you have to roll the futures.are loaded and they have to read page 180 of the perspectives. there all types of fees build in. that are are they were knocked down and people used free port. i think the value partially is due to the fact that people are useing it as a copper etf until that came out. buy free port. it's the way to go. >> stay tuned. if you are one of the millions of men who have used androgel 1%, there's big news. presenting androgel 1.62%. both are used to treat men with low testosterone. androgel 1.62% is from the makers of the number one prescribed testosterone replacement therapy. it raises your testosterone levels, and... is concentrated, so you could use less gel. and with androgel 1.62%, you can save on your monthly prescription. [ male announcer ] dosing and application sites between these products differ. women and children should avoid contact with application sites. discontinue androgel and call your doctor if you see unexpected signs of early puberty in a child, or, signs in a woman which

this is your home builder, etf.a year-to-year basis. >> we saw that decline during the financial crisis, but now it's been building a base and you thing it's going higher. >> exactly. we have this three-year multi-year trading range. what we've seen recently as a decisive break-up. you want to think of this as a coiling spring, you're storing up energy, boom, we released that inertia and in the last couple of weeks this inertia should carry us higher. this is a sustainable advance. that's a 50% retracement of that entire decline from the 2009 high you alluded to. >> let's pick one stock. lennar, good numbers, leading the charts. do you like it? >> great numbers, great stock chart. we are the buyer here. let's look at lennar. it peaked back in 2005. almost two years before the broader market topped. we've taken out a seven-year trendline. that's impressive. you almost want to be a buyer just on that alone but i've got more for you. we have a multi-year base of support that's developed going back to 2007. we're talkin

the etf market tracker is one more innovative reason serious investors are choosing fidelity.e trades today and explore your next investing idea. >>> we're back now with a problem of grave concern to the parents of school-age kids. it is greating great new -- it is about the brutal world of bullying as camera as rolled on those caught in the act. there's a controversy not so much about the subject, but about the film's rating. we get the story tonight from nbc's michelle franzen. >> they punch me, strangle me. take things from me. >> reporter: it is a shocking look inside the world of bullying. and its painful effects including suicide. >> some kids told him he's worthless, to go hang himself. i think he got to the point where enough was enough. >> reporter: for a year, the filmmakers followed families of bullied kids around the country in including 12-year-old alex libby. >> i feel kind offer nervous g to the schools. >> reporter: as the camera as rolled, the taunts continued. the film shows what happened when alex's parents turned to the school for help. >> he's not safe on

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joe, let me get a comment on you from what we've been seeing with some of the etfs. >> i think it's a favorable environment when you buy that insurance real cheap and it continues to work, volatility continues to contract and when you look out in the future right now, in particular the small caps, the russell which is doing very well today, that gives us a chance to buy cheap, cheap protection. >> scott? >> we have seen the volatility really come in here and we've been seeing a tremendous amount of flow recently, at least over the last month, into the vix, and tremendous assets coming into that space at the end of february. like joe said, you can stick with the stock market, continue to own stocks and buy insurance on the portfolio. you buy it on your stocks so you might as well buy it on your portfolio. >>> let's get a real-time trade now from jeff kilberg who is joining us on the fast line. what did you buy? >> after we saw an historic statement with the supply, the first time we've seen that average, the very, very big move down in the etf to put crude oil in, i've had this 40, 50

especially in the etfs which has been the approximaty vehicles.ou've seen a lot of macro repositioning. if you look at the currencies, you're seeing global guys moving around. it's not panic. but suddenly people are looking at the macro. so the eu prints negative gdp for the first quarter since june of '09. you've got the china news yesterday. you've got the payroll number on friday becomes a crucial number on friday. we know it's going to be a pretty good number. but suddenly everybody's watching macro. and short, sharp and scary. it's the type of thing that unnerves people. it gets the weak hands out of the market. it's too early to call this anything else. >> call for correction. >> yeah. 3% to 5% pullback would be normal and expected. >> and healthy. >> absolutely. but in those higher beta stocks that have come back, take some chips off the table going into tomorrow. that's kind of what's going on. >> mike khouw in the options desk, did it feel to yo ru it was an orderly pullback as opposed to a start of some correction. >> i think everybody w

i personally like a stock pickers market because i don't like etfs. it transcends issues that would have knocked the market down a second day after yesterday's hideous sell-off, something i thought really couldn't happen, but it did. now, that said, i reiterate that this is an excellent moment to go over what you own on a case by case basis and decide what might be too high versus other stocks in the same area, or may not be worth owning at all. because they simply aren't doing that well, and their weakness is being masked by the overall numbers. i would not back away from saying you've got a chance here to take something off the table. no no one ever says that on tv that i know. i'm telling you you can take something off the table. not a lot. i like a lot of stocks. it's worth doing given the major uncertainties, no greek deal yet, no sign china is doing deals yet. no sign of iran. i'm charitable trust is lightening up on losers that have rallied. i'm relieved they're gone. i can't tell you i'm buying, that would be dupe police us to. sure, the avera

there are etfs you can go into. play it and watch the yield come down again and take profits from it. >> you think the yield will come down? the ten year, the 30 year, the highest since october 31st, does it give you concern? >> that gives me promise. that leads me to believe that there is an opportunity for the yield to come down especially if i see the european problems are not resolved and if the u.s. economy comes under pressure with the consumer not delivering as much as he or she has over the last few months. both of which mean you're going to get a lot of benefit. the third way cnbc viewers can make money and i said this on your program a few months ago, to shop the euro, and we started doing it 135, 136 with respect to the u.s. dollar. today it's barely above 130. i still think it still has a lot more weakening to go and that's, again, one other place to make some money. >> aggressive positions shorten the euro and you would short gold. ted, what's your call on gold? >> i'm afraid i don't have a great call o

but own the physical through the etf. the only etf i recommend on the show.o to rita in california. rita? >> caller: hi. i have one question. your favorite stock in chinese baidu. >> no, the only shock i like in china is baidu. let's it's like when we ceded china but stillwell. walter in florida. hi. >> caller: boo-yah from boynton beach, florida. i have a stock i have been tracking for a while. it's called hico, hei. >> oh, i like it. military and aerospace. >> buy, buy, buy! >> that stock has come down and i want to pick at it. let's go to mark in hawaii. mark? >> caller: hey, jim, how is it? boo-yah to you. >> yes, mahalo. >> caller: yeah, no problem. i want to ask about dell. >> i think dell is cheap. i think it's moving in the right direction. it only went down a dollar after reporting that bad quarter. i don't want to buy, but i do want to stick with it. i would put it in that category of a hold. helen in connecticut? >> caller: hey, jim. i'm asking a question for my son. what do you think about deere & company? de? >> i can't believe how poorly that st

why wouldn't i just buy etf for the market and have that as a sector. you have to see what happens with correlations. if correlations start to converge one more time and they continue to do well, they are meaninglef meaninglef meaningf meaningful. >> time for fast fire. check out what he said about pandora last week. >> what do you expect? >> i think they'll be good based on buying today. >> stocks getting hammered, doc. what's the story here? apparently like many others you m miscalculated what this company's business model is able to do at this point? >> whether it's this one or yelp or groupon or stocks that people trade because they can't get facebook yet, are stocks that are basically a bet. it looked to us like it would be a positive bet last week. that was exactly wrong. only good thing was i spread some options against the options i bought. bull call spread. it wasn't as painful if i just owned the stock or just owned those options outright. yeah. this was a loser. and i licked my wounds and moved on. >> anthony? >> pete is really loving this. i

this is the tlt, the etf for -- look at that. this is the etf for the bond market. money's coming out. volume has been huge in the last few days. but where is it going. the dollar's been going up almost every single day this month. that's what you want to see there. that's putting pressure on the commodity market, putting pressure on commodity stocks. gold weak today. look at all the commodities to the downside. the corresponding commodity sox are weak as well. the s&p 500, look, it's only down fractionally today. it's 3-to-1 declining. the market is very weak today. one factor might be this right here. know what happened right there? put up apple. apple, after blowing up in the early part of the day, look at that. and down there. that put pressure on the stock market. >> $17. >> that's right. it moved $17. >> isn't that something? >> that actually affected the overall market late in the day. >> maria, we'll spend a lot of time over the next couple of hours focusing on the bank stocks from a fundamental and technical standpoint. >> i want to hear what sheila bair ha

watching spain etf ticker. spanish stocks are down. you are taking special notice.s on the yields over there. >> focused on yield but spanish banks particularly smallest banks there have not cleaned up from the real estate bubble. that's really what in my opinion what's been driving this market lower today. ewp is your way to trade it if you want to buy puts on that or sell that outright short is best way to do it. >> let's move to the next trade. technology top performing sector this quarter. should you stake with those names or bail? that's the big question. our next trade is that. what do we do here with some of the technology names? i ran down the list of some of the best performing stocks whether financial or techs. what do you do with these names? >> we're talking about the current market and what's going on right now and you hold onto these names. you hold onto apple and ibm which i am long and will keep. you hold onto emc which touched 30. sales force.com hold onto. technology is performing well. we'll hear earnings story in a couple weeks. it's one of the f

the etf market tracker is one more innovative reason serious investors are choosing fidelity. free trades today and explore your next investing idea. oh! [ baby crying ] ♪ what started as a whisper ♪ every day, millions of people choose to do the right thing. ♪ slowly turned to a scream ♪ there's an insurance company that does that, too. liberty mutual insurance. responsibility. what's your policy? ♪ amen, omen >>> but maybe the news continues to be rates, liquidity and what i call the mark mcgwire effect. look at they charts, you can see the range established getting to the top of the range. you can look at the uk, the guilt, boy, they were the most honest about this queismt stuff we have to show down about. here they are approaches 2.25, but your mark mcgwire moment is the fact that at 1.87 is in the europo zone. >>> melissa lee, back to you. >> rick santelli, we showed you this photo before, but here it is again, on the front page of "new york times." it. a banco populare banker confronting a protester. we're asking you this morning how you would caption this photo. we'll a

emerging market etf with very little china. >> pete? >> long citi. long citi calls. >> that does it for us. don't forget to catch more "fast money" 5:00 p.m. tonight. "power lunch" begins right now. >> thanks, michelle. we have three hours to go in the trading day. sell it if you've got it. the market's down across the board. oil is lower. the metals getting hit. on the first day of spring, how do you protect your portfolio. ty? >> sue, is this early warm weather this first day of spring going to cool off housing? could it get any cooler? we're going to crunch the home sales data out today and look at whether the spring season may end with a fizzle. >>> game on. it's not just angry birds. mobile gaming is the exploding sector of the video game industry. find out which companies may be set to deliver the next big thing. i'm sue herera with tyler mathisen. "power lunch" begins right now. >>> at the realtime exchange we're seeing a lot of red going on. concern over china, not so hot housing data, both weighing down on the markets. dow down 68. s&p 500 d

the selling caused by balancing etfs, also thought to be very large. bill, back to you. >> rick, thanks very much. lately we've been having some very exciting last hours. so we'll see if this happens again. we've got about 50 minutes to go with the dow of holding on to a gain of about 40 points right now. >> the s&p 500 crossed the 1,400 level for the first time in nearly four years. can it hold in the the close. one chief investment officer said this rally still has plenty of room to run. >> apple, have you thaerd? single handed lid helped the nasdaq rally recently. is the stock cheap? ahead of the new ipad release? >> speaking of huge rallies,e bay was downgraded. is it time to get out of ebay? >> as we head to the break here, here's houp the s&p 500 heat map is shaping up so far this thursday. a little more green than red. you're watching cnbc, "closing bell," first in business worldwide. back after this. in america, we believe in a future that is better than today. since 1894, ameriprise financial has been working hard for their clients' futures. n

we have the top performing commodity etfs of 2012 so far.> and up next on "power lunch," get off of my cloud hot growth area in tech and we just had an ipo in that space yesterday. the sixth so far this year. >> the companies that are cashing in on getting your head in the cloud coming up next. [ male announcer ] lately, there's been a seismic shift in what passes for common sense. used to be we socked money away and expected it to grow. then the world changed... and the common sense of retirement planning became anything but common. fortunately, td ameritrade's investment consultants can help you build a plan that fits your life. take control by opening a new account or rolling over an old 401(k) today, and we'll throw in up to $600. how's that for common sense? and we'll throw in up to $600. [ donovan ] and i thought "i can't do this, it's just too hard." then there was a moment. when i decided to find a way to keep going. go for olympic gold and go to college too. [ male announcer ] every day we help students earn their bachelor's or mast

also i want to bring your attention to the etf that trades the vix. it's gone nuts.e sort of in the know saying why does this thing continue to trade? i want to bring it to your attention. complicated story, pay attention to it. >> it is a complicated story. we're paying attention. >> that's the most concise hit you've ever done. boom, boom, boom. done. >> okay. our sunshine stock today shows just how any publicity can be good publicity. we're watching shares of ohio art. that is the company behind etch-a-sketch up as much as 212% today. currently up by 141% followed by remarks that a mitt romney advisor starting the campaign was like shaping up an etch-a-sketch. his opponents jumped all over that remark including rick santorum who handed out etch-a-sketches to some supporters. market only around $8.5 million. just 800 shares being traded today. so that's why you get those big moves. >> been around forever. since i was a little kid. yes. ohio art. >> and was it slate back then? >> back then it was slate. and we made it work. it was the first level of technology, yes.

or is it better to go with an etf or a mutual fund? >> that's a great question, tyler. we would obviously recommend diversify kags particularly in a higher risk asset class like high yield. what we have to remember about high yield is it's sort of a hybrid between fixed income and equity. and there's a strong equity-like beta if you will, or sensitivity in high-yield bonds. >> so fund? >> a fund. absolutely diversified fund. etf mutual fund wob the first choice. >> talk about equities. take me around the world. i know you're overweight u.s. equities. what about the rest of the world? >> we've been very overweight u.s. large cap equities in particular. significantly underweight international developed equities. and pretty much equal weight emerging market equities waiting to see that inflection point. >> excuse me for interrupting. when you say international developed market equities, the word that comes to mind in my head is japan. >> japan and europe. >> and europe. and europe. >> uh-huh. >> what about the rest of asia? the emerging markets you do like, right? >> we li

the etf market tracker is one more innovative reason serious investors are choosing fidelity. get 200 free trades today and explore your next investing idea. here's a chance to create jobs in america. oil sands projects, like kearl, and the keystone pipeline will provide secure and reliable energy to the united states. over the coming years, projects like these could create more than half a million jobs in the us alone. from the canadian border, through the mid west, to the gulf coast. benefiting hundreds of thousands of families throughout the country. this is just what our economy needs right now. >>> welcome back. we're looking at shares of apple which very much figures into the story today. apple resuming trading, recovering all of its losses again on a single trade the stock declining some 9%. we've been following this story about the bats ipo, all the issues surrounding it. bob pisani has been on the phone nonstop in the commercial break and has new information as well. what's up? >> i've asked, what happened? i called bats. i know them quite well. i said, the system cra

the pmi data very disappointing and we saw, according to some traders, some of the outflows from etfslver losing some ground. back to you. >> okay, sharon, thank you very much. we are looking at nike shares. you have a few minutes to trade the stocks should you choose to. but should you be buying or selling? with a look at nike, it's paul who recovers the name from morning star. do you like these numbers here? >> we certainly do. let's look at the chart over the last few years. in 2010 we bought it around the $60 level and then went into a correction pattern, what we call a rectangle pattern. we consolidated, came out of there at the same level, about $86 a share. we ran up to about 126. we're in an up trend now. >> and you think it continues higher from here? >> we do. it's giving us good signals. >> paul, fundamentally, a company like nike, their raw material costs keep going up. that can squeeze margins. do you like the company at this point? >> we like nike in general. it has great returns on capital. the input costs that you point out, they peaked at the end of 2011. so even thou

the etf market tracker is one more innovative reason serious investors are choosing fidelity.trades today and explore your next investing idea. >>> welcome back to fast money. licensing music for professional use used to be a difficult process and now of bill gates's companies is making it a lot easier by developing an itunes for professional licensing. green light music is say new effort and gary shank joins us now. welcome to the program. how are you? are. >> great to be here. >> you have to this deal where customers license photos from you like the images. that's the space they are talking about. one of the competitors. now you are involving into music? >> they started by bill gates and we are most known for the photo licensing business. how can we bring more products to the customers and entertainment is a great way to breakthrough the cluttered world we live in. we have done a lot with bringing entertainment opportunities to the customers and green light music sits right in the center. >> how big is market? >> we think the market is about an $800 million global market, bu

>> i have the etf and you get a decent yield. 76% here. >> the ceo of renren.hina. for their clients' futures. never taking a bailout. helping generations achieve dreams. buy homes. put their kids through college. retire how they want to. ameriprise. the strength of america's largest financial planning company. the heart of 10,000 advisors working with you, one-to-one. together, for your future. ♪ ♪ when your chain of supply goes from here to shanghai, that's logistics. ♪ ♪ chips from here, boards from there track it all through the air, that's logistics. ♪ ♪ clearing customs like that hurry up no time flat that's logistics. ♪ ♪ all new technology ups brings to me, that's logistics. ♪ >> welcome back. u.p.s. was downgraded on the back of the acquisition of tnt. the stock his a nice run here. if you happen to own the shares, you can take advantage of low options prices. the trading for about 1.25% of the current price to hedge your loans. >> more "options action"s following on twitter. get constant trade updates. another exclusive with the ceo of renren. choose

that's a huge move for this etf.nd they -- even last week on the 6th when the stocks were being hit, they pushed it down to what? 1460? and it's back to 1480. watch the xlf. it's certainly not telling you that people are worried about an end of the world scenario. >> and watch the regionals too. watch a sun trust. those are the names that could have difficulty based on this model. >> northern trust i think was at the very top of his list in terms of the ones that may do best and what that means for the dividends going forward. >> exactly. >> let's move on to the next trade. the average price of gasoline is now $3.80. that's up 50 cents since the beginning of the year and up 30 cents over the last month. how will this impact retail sales? the numbers are out tomorrow. let's get your "fast money" trade now. karen, retail sales have been strong of late. now with gas prices creeping higher, is this a potential game changer if they continue to go higher? >> it's a potential headwind for sure. wal smart tra walmart traded

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maybe etf activity contributed to some selling. those are the ingredients. each. once you get that down you will know the next big trade. back to you. >> that was awesome. i'm not kidding. >> you may want to check "equities" there. i think it was equites. >> the man's in a hurry. you're checking his spelling? >> from the beginning i worked with people in bonds. rick understands the components. you know rates can rise here, but you have to check off the whole list. that was just a great primer for those of us learning every day about the bond market. >> every day. >> apple's san jose store opened moments ago. the race is on to be among the first to acquire the device on the coast. john ford is in palo alto with more. how are the lines. >> reporter: in some way it is typical apple launch. just over 150 in line by my count. i counted 75 workers as well. they opened up a few minutes ago. atypical in some ways. we have protesters from raging grannies shouting the blood of the workers is on your ipad, but they are older protesters. the line is young and diverse. i

i recommend either going with an etf. also a space where active managers do a good job.t's because you can really get a good estimate of the intrinsic value of a reit if you're willing to do the work. so whether it's through an active manager, a mutual fund, or through an index approach or etf, i think both are effective. >> good to see you. thanks for joining us. >> thank you. >> let's hit some second derivative trades on real estate. you're likely u.s. gypsum. >> i love it. has come right back. the idea with u.s. gym sum and other names like mohawk which i'm long, these homes get turned into rentals. sherwin williams has been big this year. >> home depot for the last three or four years have done tremendous. we've talked about hd for a long time. i think hd is in a sweet spot for their business. given the move we've seen, given the fact the s&p is within a near shot of a high. >> those screens are so clear. hd. >> which ones? you've never been in a home depot in your life. >> i have. >> don't lie. >> lightbulbs. >> liar. >> i have. i love home depot. >>> next on "fast

the etf market tracker is one more innovative reason serious investors are choosing fidelity.trades today and explore your next investing idea. i love that my daughter's part fish. but when she got asthma, all i could do was worry ! specialists, lots of doctors, lots of advice... and my hands were full. i couldn't sort through it all. with unitedhealthcare, it's different. we have access to great specialists, and our pediatrician gets all the information. everyone works as a team. and i only need to talk to one person about her care. we're more than 78,000 people looking out for 70 million americans. that's health in numbers. unitedhealthcare. >>> welcome back. more than 1500 of the world's leading health care professionals are attending the 32nd annual health care conference. check out the biotech index. it was down, but so far this year the biotech interest is up better than 17%. with those gains, biotechs have beaten technology and financials. the s&p technology index up 13.5%, under the biotech move. the kbw index is up 11% year-to-date. where are the biggest high fliers t

what bothers me is etfs, the gld is increasing in size. >> whey is that problematic? >> that means nobody has li liquidated their position. that usually is not a good sign. >> hey, dennis. i read through the notes and saw you maybe believe qe-3 is off the table. is it possible that a meltdown around the world is off the table? that the end of the world sp off the table? we may still get qe-3. irrespective of these other issues maybe moving to the sidelines. that's not gold's biggest problem right now. the world is safer than it was a couple weeks ago. >> i think you put your finger right on the problem that gold is facing. i think the concerns about a global meltdown are gone. they shouldn't have been on the table in the first place. the world rarely melts down. it'll only do it once and it's a bad bet. i think what we're seeing a global growth solidly, pleasantly, i think sustainbly. are we doing better? we're probably going to have gdp at 2.5 or 3? probably. i think the concern is other a demise of economic activity where egregiously overblown. gold got over expensi