emerging market low volatility etf there are a couple etfs out there.posure to companies with low debt and have good return on equities. the kind of companies warren buffett could buy. you can buy it for 15 basis points, great exposure. david: that's terrific. at the lower end of the scale you have what is known as silly, or be specific a toxic etf. what is a toxic etf. >> a toxic etf is one you should run away screaming from. one example the bxx, short term volatility futures. look at performance since it launched today, it is down 99.6%. basically guaranteed to lose money because shape of curve. david: why does it exist at all? >> if you're hedging intraday volatility, if you know tomorrow the volatility for the market will spike to the moon, it's a great bet. unless you have the perfect crystal ball for tomorrow it is terrible idea. david: on the other hand, stay on this, keep it up there the vxx if you can. if you see the vix down at 12. >> yep. david: now of course the highest ever seen it, liz and i were reporting during the financial melt down fi

etf, the man behind the etf market, reggie browne.is on the cover of the latest bloomberg markets magazine. senior managing director and head of etf trading at cantor fitzgerald. down, ite are sitting is like danny devito and arnold schwarzenegger. to us about the etf business. in the u.s.,etf's two $.4 trillion, it is investors getting asset classes easily without going through large institutions to get exposures. if you look at what has happened of the last 21 years, 90 issuers. on 90 exchanges around the world. it has been a phenomenal success for the retail investor. >> it is easy today to feel like it is unstoppable. what are some of the challenges and hurdles in its way? >> etf's are now covered by every index. the next inflection point will be managers. >> it is already happening a little. >> slowly. if you look at the traditional long only asset managers, they set out to game passive etf's. they are wanting to get in now. a hurdle is how do you put an active strategy in an etf wr apper. >> how do you put it active strategy in

>> certainly the etf is. look, etfs are traded and dismembered actually by the market makers who trade them so they are trading inside the etf as well. there's a lot of other activities and there is some tracking error in some of these etfs. they don't necessarily perform in the same manner as bob just pointed out as the underlying index. really, a better way of being short the s&p is just shorting the spdrs. if you want an outright short. >> bob? >> the only point i would make is despite those concerns that i have about the reset, it's still a simple way to get short. you are not going to suddenly end up being long. it's not that far off. you just need to be aware of that fact that it resets every day. >> it's not a mirror image, as you point out. in other words, 1% rise -- >> the inverse, the double and triples, they can have even greater moves off of the indexes. >> ron, what kind of year are you looking for? when i read your article, i found it was interesting, especially against the backdrop of those who

sandra: really not an etf.or, get paid a buck for each one that somebody else buys into. >> i, if you went on tonight, built a motif, call it the fox motif, put it out on the web, anytime any one buys that you collect a royalty. david: it's a buck, right. >> it is a buck, but a buck if i buy custom version or subscribe to rebalancing service. we have 35,000 built in the last five 1/2 months. they're are more motif that is then there are etfs and mutual funds combined. sandra: how do you make money on that? >> we make money on trade. we have day traders. we make money or margin and make money on spreads. we have value services like harvesting tax losses. on the trade itself it's a high margin business for us. so we make money selling you 30 stocks. sandra: who are your biggest customers. >> our biggest customers are retail investors. we just entered the financial advisor space giving technology to them. sandra: will you get institutional interest? >> sorry? sandra: will you get institutional interest? >> yes, we

at this point, there are so many different kinds of etfs, it can make your head spin. as a side note, i hate the way many of the sector-based etfs, the ones that let you buy an entire sector, have been warming the way the stock market trades. something you can read a lot about and get rich carefully. i out-and-out despise the leveraged etfs that play the market at your expense if you use them. the important thing is this, you have all sorts of etfs and mutual funds out there, and they can all advertise. the companies that run these funds want your money. and one of the biggest mistakes you can make as an individual investor is to give it to them with a few significant exceptions. unfortunately, this is one of the most common money mistakes out there. in fact, most people in this country equate investing with putting their money in mutual funds. some 80 million people, half the households in america, have exposure to mutual funds. many of you don't have a choice. a lot of 401(k) plans don't let you pick individual stocks, they just give you a menu of mutual funds to cho

i'm sure some people will say that's too difficult, there's always some etf better. just like the pure and simple low cost, s&p index funds. here's the bottom line. at the end of the day, i think a cheap s&p 500 index fund is the least bad way to passively manage your money. better than the vast bulk of actively mutual funds. again, vast bulk. there will always be exceptions. but an index fund owns everything -- the good, the bad and the ugly. if you do have the time, i think you can beat the performance of an index by picking stocks yourself. it's one of the chief reasons i do this show every night. if you don't have the time, though, then don't overthink it. an index fund is indeed the best way to go. for more financial advice, please check out yourmoney.cnbc.com. yourmoney.cnbc.com. after the break, i'll try to save you more money. >>> coming up, ride the rotation. there's a changing of the guard happening right now in the market, and if you don't adjust, you could be left with a sinking portfolio. cramer's got the moves you need to make right now. we asked people

you also have a second dividend etf fund. sequel to they look for the highest dividend paying stocks in each sector and equal weight every sector. every sector has a 10% weighting. the reason why people like both products is because one of the raps on dividend etf in general was that they are very heavy on the utility sector or one or two sectors. this gives you diversification across all sectors and our all performing. the international one is actually beating the u.s. one. another case where this is happening, vanguard has a bond etf. the sequel is new. is one it is proceeding bnd, the biggest one, $20 billion. the sequel gives you international exposure. it is so cheap it gives you 2300 international bonds in 50 countries for an expense ratio of .02%, making it the cheapest by far. >> we have to leave it there. back on the markets in 30 minutes. ♪ >> giving up some ground in the markets after two days down. the stocks still will in the week higher. i'm trish regan. "street smart" starts right now. welcome, everyone, to the

it's about to leave this etf.ken six percent and basically well -- >> where it matures and fizzles and they are not victims of that beyond the two years. this is a fund, this is a bracket busting etf. walk us quickly through this, what you mean by that. economist gotvery their brackets decimated. >> not unusual, sadly. >> it is hard to predict anything. some of the ones that got destroyed -- one of the most boring etf's that everybody -- >> every bite that would do terribly. >> the rates fell, and that messed everybody else. this etf has taken in more than the last four years combined. >> the other two quickly? >> the junior gold buyers and the other one is xl you. it will not know if continue to outperform as the rates go in, but we will check that in with you as the rates go up. more on the markets in 30 minutes. "street smart" starts now. ♪ >> i am trish regan, everyone. yesterday we saw strong economic data, but looks like it was not strong enough to save us from ending the week in the red. health care and tel

or in chart terms, the pattern in the biotech etf is still negative.thinks the ibb could rebound up to 250, not that much from here. that's 10 point to 14 point increase before the bounce. if the biotech etf can bounce up to the levels and consolidate and trade sideways for a while, then we can see it's done. then the ibb could be ready for the next move higher. for now, though, lang doesn't think it's very likely as we would require a high rally on strong volume. and he doesn't think that's likely. now check this out. this is what's so hard about charting. look at the ibb weekly chart. now that's -- that's terrific. see, from lang's perspective, this is a very, very different picture. whereas the daily chart showed the etf going from a terrific uptrend to a horrific downturn. in the longer term weekly chart, that same action to lang looks like just a minor pullback within a larger uptrend. the ibb up 83%. and even though the biotech etf has been hammered, lang thinks the weekly chart suggests the current pullback could be an excellent buying opportuni

there's an etf for that. thank goodness. yxi, very straightforward. i like this etf a lot. pro shares, short china. if china drops 2% with this particular etf, you go up 2%. it's very simple. there's nothing very tricky about it. i like it. if you got a lot of nerve, there is even leveraged etfs. take a look at one of these. >> got to have a strong stomach for that, right? >> this is the one -- >> i don't know if i would do that. >> yang. three times inverse of the market. if the china market goes down 2%, you make 6%. but this is just on a daily basis. we have warned you about leveraging inverse etfs before. >> so 1,000% gain doesn't mean anything. >> doesn't mean -- it's only on a daily basis that you get the inverse of it and that could change over time so it doesn't track the market. if the market's down 2% in a month in china, it doesn't mean you're up 6%. you have to look at it, it depends upon how the market moves. this all has to do with the problems with leverage and inverse etfs. let me show you a very simple direct way to play this. how about a chinese property d

there are some diverse abide --modity etf's des diversified commodity etf's. six percent rating just like oil and natural gas. this one is up 11% year to date. up that much because people rates. it gives the smaller commodities more voice. the oil is much bigger and more traded and more important. it's a thinner market. the market cap weighted version of the commodities market would s db.e power share this one is huge. people like that. a $5 billion etf. energy is a 63% weighting of the portfolio. this one does abide by those. there is credit risk with exchange trade. people -- the tax treatment of etfis just like an equity where is other two are treated like they hold futures. if they are and they get a k-1 form. some people find that annoying. that etm is a big one. >> i want to get your etf of the day. ticker deserves to celebrate, it is the island etf. this thing is up 44% in the past year. 11% year-to-date. this makes of makes it the best-performing european country out there. it has tripled in size in the past 12 months. people are coming to this to play

if you look in etf land, there is an etf out there called the pkw, the buy-back etf. that well outperformed the s&p in 2013. if the buy-back train continues, this will be the etf probably to be holding on to. >> i like all the stuff we do because we try to make this show fun but david, if my broker, if i had one, called me and said you got to buy it for mardi gras trade, i would hang up and find a new broker. give me a fundamental reason to buy the equity market. i want solid returns with a relatively safe investment. what's out there for me? >> you look in the financials. the financials have been big lagers of late. they have been beaten up pretty good. we are starting to see life going on in the financials. that might be one area to be looking at, whether you're buying the xlf etf or buying the kbe which is a big cap bank etf. also, the thing to be cautious about is probably the treasury market. we have really noticed the treasuries specifically the ten-year have been trading in a two and a half to 3% range and right now, we just had a nice break back above the 200

there are the three main etfs. all down 20% over the past three months. tim seymour invests in russia. he will answer more in two minutes, first to steve liesman and michelle caruso-cabrera, you are both hearing that some hedge funds are starting, maybe not surprisingly, to sniff around in russia, the stock market is down, but up today. >> it doesn't make up for the huge declines we have seen over the last three months. there are arguments to be made that the market is cheap. when you look at the multiples, gaz prom, and now there is an historical fact pattern that when you see a sell offlike this in russia, what putin often does, he pushes hi aim, whatever it is, regardless of the problem, and then works to rebuilt. we've gone back now to 2003 when he was arrested and the whole world said the president of this country is really ruin a i'm going to -- >> '9 , '97, and they defaulted on their bonds. guys were back in sell their bonds within like two years, so there's a history of these kind of extreme events in russia, and the investors coming back. right

as money wasng out pouring in to etf's and that has turnaround. concern about how is the law going to work and who is going to get hurt by it and it seems to have mostly dissipated. you so much for talking to us about the big influence of the health care etf's. "street smart" is next. ♪ >> welcome to the most important hour of the session -- 60 minutes left until the closing bell and a beautiful shot looking out over new york city. but it is cold out there. >> i want to put a coat on and a t

etfs out there. buy korea. >> amd. the ceo gave us a good interview. i like it. using a tight stock. >> karen finerman? >> children's place. they didn't have great earnings. but the stock was hit. and i think it's a good buy. >> doc? >> wwe. i got to go with mr. mcmahon's company here. a lot of momentum. i think it continues. >> thanks so much for watching. see you tomorrow at 5:00 for more "fast." and "options action." meantime, "mad money" with jim cramer starts right now. >>> my mission is simple. to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere. i promise to help you find it. "mad money" starts now. hey, i'm cramer.

three etf winners now.ational government bond, wip direction financial and also that's a leveraged bear etf to tell you about and also power shares global gold, and it is trading in the green now. she tried to say it, ty. >> that will do it for a rough thursday on "power lunch," sue. >> "street signs" picks it up right now. . >>> and like that, whew -- the year's gains for the s&p are gone. stocks are down big. apparently the germans are to blame. yeah. weeg serious. we'll tell you why. hi, everybody. mandy and brian here with you today. also today, has amazon.com just made the smartest move of its corporate life? has gm made the dumbest move of its corporate life? and the smartest move the republicans can make with the president's latest push to raise pay. mandy? >> hello, everybody. 65 -- no. not the age i want to retire

taking a closer look at the spider mining etf. it has been rallying for much of the year.n the red. joining me now is ken hoffman. you are in canada. it is pretty cold. it is the world's largest mining convention. 30,000 miners, as well as investors. what is the mood there? >> the mood is very mixed up here. on one hand, they really like to see the price of gold higher. that really helps them out. on the other hand, they continue to see what you are seeing today, where the etf is up about nine percent this year. the mining equity is down this year. there was a big disconnect between the way the metals are acting and how the mining equity is. >> what is the explanation for the diversion? >> you talk to a lot of investors. i'm here in the office doing a presentation to a whole bunch of portfolio managers. they don't trust the mining management. they have gone through a decade where the price of gold would up a lot but there is talk that the gold mining companies would up the same amount. they wanted to get that margin. they do not get it aired their leaving for the equities

the one i was looking at today was ewz, which is the brazilian etf.ity we saw there, traded about 2.5-times its daily volume. and most of that was on the puts. and the most active of the puts was the april 39 puts. and 50,000 of those traded as a block. looked like an opening buyer trading about 90 cents. what that is not necessarily a bet that it's going down. but a cautionary bet that we might see an increase in volatility in there. if this is basically a hedging activity from obviously a fairly big institutional player. that's $4.5 million worth of premium. $4.5 million worth of insurance that's going to expire the third friday of april. one thing, though, we have been seeing over several days unusual call buying in tlt, which is the 20-year treasury etf. that also would be a cautionary bet, i think. two, different places, unusual activity in the options market. and both are uses the uptick in the market and the decrease in implied volatility to put their hedges in now. >> why is the tlt up on a day like today? why is it still trading 108? we've ta

that's the one caution. >> or by the etf. >> yeah. that's true. when the country restructures, they have a lot more money like when a company restructures. >> and they want to keep their people happy. we're cutting your benefits, we'll build new roads. >> or they inflate their way. the stock market rallied in the republic. >> that's another segment. >> i think that's a great point. just to jump in here. i have a different view also versus consensus. i think the brazilian riyal is going to appreciate. i think the taper is going to be graduate. and the crisis style outflow or total capital from brazil, i think that that is a low probability. and i think that capital will continue to go into brazil based on that. i think there was an overreaction. and i think the market was pricing in a crisis that has not occurred and in my view will not occur. that said, i totally agree. there is a big risk. but the etf is becoming attractive. p/e ratios show they're attractive. s&p at 16. chile at 10. so definitely attractive. >> bottom line you agree with brian b

to expect that this is just one player coming out of the etf. and obviously, can be a big hedge fund, who is playing with an index, gives them diversified exposure. i think these things have gotten ahead of themselves. huge momentum. >> karen, buying opportunity here? >> there was an interesting trade. we were long the ibb. long the xpi. this has been a painful few days for sure, off of a big run. there was an interesting trade, buying out-of-the money calls. and looks like it was funded by selling a put spread. or it was the opposite of that. and you can make a bullish or bears case out of it. i think it's probably worth a shot to do some calls and call spreads. probably a lot of volatility in here. it's interesting to me that the sentiment, moving what does tesla have to do with biotech to do with chipotle? apparently, they're all momentum stocks. so, that kind of action, i don't like to do anything off of that. i feel like the sentiment could go quickly the other way. >> celgene, a decline of 12%. >> downgraded the stock. it rallied off that

that etf down 63% in three years. but, will coal clean up its act? senior correspondent, scott cohn, is live on the montana/wyoming border in the spring creek coal mine. and earlier this morning, he really was in the spring creek coal mine. scott, over to you. >> and we still are, sue. this is known as surface mining, but really, what goes on is well below the surface. so i want to give you a sense of how this works. over there, those giant machines, and trust me, those are giant machines, are we moving the rock and the dirt, what's known as overburden. they have to get down about 200 feet to get to the seam of coal below. and once they do that, then the way is clear for this big thing over there. that contraption is known as a drag line. and it's essentially scrapes away the rest of it, so they can actually get to the coal seam, which is about 80 feet deep. that coal is very much in demand, so that's the supply part of it. but what about that demand? well, the biggest obstacle of demand, they say, is regulation. the dry fork power station in gillett

that is the main etf that tracks biotech. we got it coming up. there it is.s, nasdaq, biotech, down 3.75%. look at the -- that's why most people -- i'm supposed to stay here -- invest in the nasdaq stocks now. there's theow

dollar emerging markets bond etf another side, another way to play it. that is kind of where you're putting your money right now. >> got me on regular fox. switched over. >> what tom is saying sometimes because we have two networks here, the other network -- we'll take care of that right now. tom, excuse me, ryan, take that question to you, tom is playing emerging market bond side of it. they're more focused on equities. i will give us his argument since he can't hear me right now? >> sure. you know, when it comes to that again, definitely it is, companies i'm sorry, country-specific and again, you know with the bond, i'm not a big bond guy. i'm more of an equities guy. bigger picture on emerging markets you have to, i'm sure when tom jumps if here you have to pick it by the country. you can't just say i'm bullish emerging markets. you have to specifically dial down in my opinion. >> we'll shift off of emerging markets. when tom comes back we'll give him a chance. scott, i want to go to you to talk about janet yellen. you say that the market has misjudge

it's a broad total etf. it's cheap. >> etf is a collection of stocks. mike, do you like it?> i do. if you are an investor interested in a big portfolio. >> wtr? >> i think that's going to be good. >> water the new oil? >> yeah, it's working with waste water, too. i like it, buy it. >> that's it for "forbes on fox." thanks for watching. the number one business clock continues with "cashin' in." stay tuned. >>> parts of the world on fire and obamacare is flat lining here at home. where is president obama? >> do you send ambassador rodman on your behalf? >> mr. president, the stuff is hitting the fan. should you be yub yuking it up with comedians or working? >>> plus are young celebrities like this bad role model for kids? you're acting like a spoiled brat, your buddy lindsey is a loon and miley is a

unfortunately, a lot of the etfs are going to get skewed around by companies that don't have the cash flow support. >> so if i'm tempted that this sector, over the long term, and i assume you agree, tell he if you don't, will be a growth area in medical technology. should i invest, number one, and if so, show should i leave the stock picking to a pro like you? >> no doubt we've seen revelations in tech nothing over the last year and a half or so. cancer therapy, nuclear, gene therapy, some of the exciting opportunities and in many ways have been validated. the optimism is justified. what people don't fully understand is the riskiness of the technologies and developments. many of them are science experiments. so if you're committed to investing in that invasion, i would wait for the dust to settle here and get back into the etf or have a basket of these emerging technology companies and certainly companies like cell gene have access through partnerships. that's a good way to participate, rather than pick stocks yourself. >> real quickly, would you put new money into a company like cell

i like etfs. all right. so i would say ivw would be a great way to go get large cap growth. it is trading about 87% of the historical pe. it's the only sector when you look at any kind of a chart they still sell at a discount. otherwise, we are still selling at fair value unless we get revenue. we see great financial engineering with all these organizations. american business has played this game fabulous, but we like to see more cars and a few more chips on the table. >> erin. >> we are seeing greater revenue. we came in at about 2% revenue growth for 2013. estimates are 3.re68 knew growth. so there are expectations. they've come down, because everybody is in mourning about the weather. we are expecting that revenue growth coming in for 2013. >> very quickly. if you can't buy an s&p index, if we seen a lot of gains for the markets, what would you tell clients might be the best performers? >> right now i will not go about performance. i will go on defense. the bond stockmarket three times as big aed the stockmarket and three-and-a-half weeks ago when the stockmarket went dow

so far this year, that etf is up almost 3%. it's ahead of the s&p 500, but it's fading a bit. can see that those very big returns that we had in 2013 are -- they're there but not as dramatic as we had seen before. those returns have to stay positive relative to the market to have the whole ipo cycle work. so we're looking at that to say that stage there needs to be some adjustment in pricing to get the market would word for investors. >> i'd like to get your take on a couple of ipos there's a lot of excitement about. one candy crush, the other one a lot of people are talking about is ali baba, chinese internet company that may go public in the summertime. what's your take on these? are these stocks that investors should take a serious look at and put it in their portfolios? >> well, both of them have some amazing things associated with them. candy crush, a company that has running at about 2.8 billion in revenue just coming from nowhere on this one very popular candy crush game. and a profitable oçcompany. a worry could this be a one-hit wonder and what kind of revenue would

the sec is talking about the impact on the etf market. make lawyers happy and the banks very unhappy. we will follow-up on that story to make sure you know the implications of what it will mean going forward from here. you can follow us on twitter. ♪ >> this is "bloomberg surveillance." >> investigators from nine nations search for malaysia air flight 370 in the south china sea. an act of terrorism not ruled out. the prime minister of ukraine will meet with president obama wednesday. on this monday, russia consolidate its hold on crimea. after the better than good jobs report will june be busting out all over after a glorious spring in new york city? good morning. it is "bloomberg surveillance." we are live from world headquarters in new york here at monday, march 10. i'm tom keene. joining me, scarlet fu and adam johnson. at a great weekend. finally decent weather. >> i only had to wear one cult instead -- one coat instead of two. in overnight news, asian stocks and global metals fell as china posted its biggest drop in japan, since 2009

what do you mean by these smartmedia etf's? really mean anything beyond putting an index together and not using this area >> we are overcoming the difficulties that we have a standard capitalization in the year 2000, the s&p 500 was significantly overweight. the reason why. a lot of times it up one more money into the various stocks are overvalued and i can create a problem and it can also impact performance over the long term. gerri: what you find is that apple is all of the performance and sometimes over the past. we used to talking about etf's because they're less expensive typically divide. but are the smart ones a good deal? and the strategies and anything new. you're taking more risk doing this. and so you're expecting it to get a higher return but it doesn't happen every year where these things worked well especially coming off of the tech boom in the 1990s. but there are long time for the judges have not worked and so you have to be careful about these other side of smart enough. >> they are utilizing this and making it

plus, how to play china with some short etfs.iotech firm under public pressure to give a dying 7-year-old boy access to an experimental drug now says yes. the company's ceo will join us first on cnbc to tell us about the story and tell us about how and why he came to the decision he did. >>> and silicon's valley's most secretive company? oh, yeah, also pays interns $7,000 a month. we're going the take you inside this mysterious outfit. 7,000 a month for an intern, scott. back to you and the "halftime" gang. >> thanks. >>> biotech making a major run so far this year. etf, ex-bi is up more than 20% but could the sector be in bubble territory? let's debate. murphy is the bull, pete is the bear. murph? >> so the biotech industry as a whole has had a huge run but that doesn't mean it's going lower. looking at this etf, xvi is the best way to play this race. if you look at it, pete, a big portion of this fund, three times larger than any other holding in the fund, is intercept pharmaceuticals. we know what happened there, how the stock

i think you've seen them closing at some of their short positions and selling long etf positions. what it all boils down to, we have a sect wrer the story lines for the companies, if you construct a catalyst sheet, it looks pretty good for my group. value yations don't look bad. we're in a funk. headlines are nasty. that's going to take time to sort itself out. >> i know you're a fan of celgene. we've been buying it as well thanks to your help. they got approval on a drug on friday. do you think celgene is going to be successful in diversifying away from revlamid and giving people confidence in other areas where they can grow revenue? >> celgene has one of the stronger teams in biotechs. the cfo at celgene is a friend of mine. she's incredible. she thinks like an investor. she's one of the few people that thinks like an investor. is anybody is on top of diversifying celgene it's jackie. this is abs lieuly part of that. interesting about that drug from an investor perspective is the company believes by 2017 aparmalast can do $2.5 billion. enormous drug. the street is dramatically u

that is the main etf that tracks biotech. we got it coming up. there it is. i shares, nasdaq, biotech, down 3.75%. look at the -- that's why most people -- i'm supposed to stay here -- invest in the nasdaq stocks now. there's the power share, q, q, qs see them down a buck and a half at 87.67. now i'll talk about the malaysia airline flight 370 mystery. pandemonium, families gathered after the leader, malaysia, says probably all is lost, no survivors. the issue -- issuing a statement, airline, malaysia airlines deeply regrets we have to assume mh370 ended in the southern indian ohhen. >>> also code, kol clucollusion silicon valley. corporate titans threatening war and promising peace over agreements not to recruit the employees of others. amazing story. >>> start with sue at nyse. >> happening right now, nasdaq, which is almost in free-fall, it has market watchers certainly the bullish ones, by the throat after starting the day up. it is now down, it fell 85 points at one point. just off of that. still down 74 points. 1.75%. one of the reasons of the sell-off,

this is great etf. that's really a darling out there. mtum, this is a momentum etf.thing owns is the stocks that are moving the most momentum. they own google, gilead, facebook, johnson & johnson, bristol-myers, this has been a real darling. they went public a little while ago. stocks up -- stock, etf up 7% or 8% on the year. >> the problem with the marketplace though are the names you just mentioned all have head lips that would be the catalyst for bigger and -- bigger volume. the problem we're seeing now is people at 1881 in the s&p are looking for reason. are you telling me it's 1950 on the s&p or am i buying the top? that's the scare tas ticks. >> things so much. >>> gold is up ten bucks today. the real action though is to come tomorrow at the jobs report. jackie deangeles his is following that. >> the year we see gold climb 10% after a tough ride last year. a lot of people are wondering if a weak jobs number are going to get the gold trade going. brian u zr brian, how the you see it? >> as soon as we saw the ten-year note struggle to get over 3% and back down to

of course, check out the russia etf rsx, down 7%, 8% today. one of the more liquid etfs that trade in the russian market. potash stocks are moving higher. they stand to benefit if the crisis leads to economic sanctions against russia. they are all in the green. watch those shares. back to you. >>> steve sedgwick is still with us from kiev. let's bring in our chief international correspondent, michelle caruso-cabrera, who was there of course last week. steve, let me begin. obviously it's nighttime there, what is it, 9:00, 10:00 local time. what is the lay of the land like in kiev? are things calm there? are you seeing protesters against the russian military moves or what? >> reporter: you've got to remember, this was pointed out to me by a pro-western m.p. today, this government only had two days of getting itself together after the ousting of yanukovych before we had this crisis in crimea, two days. you've got to remember, less than two weeks ago we saw bloodshed in this square behind me. michelle knows this full well. she spent her time here

now the etf is down 8% from its highs on february 25th. this could just simple i be profit taking. that's what some traders are saying. that's what cowen's head of equity trading thinks. he's not getting the sense this is a larger rotation at all out of biotech stocks. he does say if some big rotation out of biotech were to happen, even his 11-year-old kid would know about it. some price action to the downside. nothing concerning a lot of traders just yet. >> thank you, tom. tonight at 5:00 eastern, "fast money" is talking more biotechs, because jim cramer has the ceo of biogen on and that will be a great conversation, i'm sure. for now, up to the nasdaq. shelia is with us. >> you know those biotech names that dom was just running through having the biggest impact on the nasdaq. the nasdaq composite is slightly down. but there are plenty of other movers to watch here as well. the biggest being symantec, the security firm. down the most on a percentage basis, more than a 10% drop on that abrupt news that it dropped ceo, steve bennett. fbr called the move, quote, jaw-dropping. severa

so i took a lot of flak for the etfs when we first did this. mostly from my buddy, simon.t, you know, at the end of the day the idea behind this is all game theory. we have a defined period of time and we've got to think about what secular trends don't need a really strong economy. in my view that's what was necessary. so i picked things like solar and chinese internet where there's going to be huge growth no matter what janet yellen does or what the economy does. so far it's been working. >> i'll say, second best trade of the year. >> up like 27%. i think with tan the idea is that these are not terribly expensive stocks, at least not most of them. i couldn't take the risk of just one solar because these things are very volatile when they miss earnings. that's why i picked the basket. i could have been in solar city and made a lot more, but i could have owned one that got killed this year. i think i played it right. >> does someone want to play the role of simon baker talking about groupon down 34%? it was the worst pick by anybody from a performance standpoint thus far. >

look at these etfs. one of the more liquid ones, spdr, root rbl and erus, the i-shares, all of those down significantly and of course, it's not just the russia-specific etfs. if you told any etf that tracks the bric countries or even eastern europe, those are affected as well. right now it seems isolated but all it takes is a possible bad situation in ukraine and russia and you could see those ripple effects get even more pronounced. back to you. >> yeah. the russian market now trading at a heady four times earnings. thank you very much. >>> here's a basic question. you are probably watching all this stuff happen and thinking why do i care. should i reposition my portfolio or stay the course. let's find out. steven wood from russell investments joining us and steven nicklas joining us as well. are you saying to your clients sell everything, sell the kids, sell the house, because of what's going on in ukraine? >> no. >> are you coming in to buy everything? >> it depends what they want to buy. this is why

names in using etf's. >> is that also true for uk banks. rbs is under pressure today.ere there is a lot of government involvement. this may go away in the next couple years. at the same time we have the specter of not only regulation but also fines. >> sure. banks, the ones that i hold is standard chartered. that is because of the emerging markets all of. emerging markets have been sold. i have been immersed in that. >> talk to me overall about earnings because a lot of these are impacted by currency swings. a lot of people are practically no one was expecting the dollar to be as weak as it is, given that we are tightening. what does it mean for stock picks? >> currency, i would say that the euro will come under pressure because of italy's -- ecb's statement. we will see more of that in the next jobs report which i feel will be suppressed to the upside. >> u.s. jobs. >> people are still marking it at 188,000 jobs. effect. pre-weather coming back to europe, the ecg b, here you are fighting to maintain the price. in terms of euro, there will be extra pressure on europe.

. >> wall street analysts are telling me they like this etf that's international companies doing buympressive performance but an awful lot of that is nothing but leverage in a rising market. >> you only have to look at my tie to get an idea of what you are in favor of. gold core? >> this is a company that produces money and it's more solid than janet yellen of the fed produces. >> they're having trouble producing money. i kind of like it though. >> kind of. that's not a full endorsement. that's it for "forbes on fox." keep it right here, the number one business show continues with eric bolling and "cashin' in." >>> america the super power becoming america the pushover? >> we do not need to trigger an actual war with russia. >> none of what we're saying is meant as a threat. it's not meant in a personal way. >> fell lows, it is personal because while putin is redrawing the world map, president obama is drawing basketball brackets and laughing with comedians. mr. president, time to quit playing around around start powering up america. >>> plus, time is running out on obamacare. looks l

the best performing etf so far this quarter, coffee, some of the gold exploration company.ee losers are the russian etfs. i'm curious with the news flow heading into the weekend. we just had a great panel with a couple saying no one's taking seriously enough how far this could go. does it make you ners at all? >> in terms of what's going on -- >> yeah. >> i think you're fooling yourself if you don't think they're going to take more steps. they're going to continue to move forward -- and i'm not trying to get political. they're going to continue to move down that road until somebody tells them to stop. all the jawboning is not going to stop these guys. so i do think it's going to escalate. our equity market has looked past every single piece of negative news now for the last 18 to 24 months. why would you believe it's going to be different now in terms of the market? >> the rest of the panel sticks with me. you can catch guy coming up on "fast money." up next, much more. plus -- >> activism which is an aspect of short termism is in the long term very bad for not just shareho

. >> other russian etfs are down more than 7%.usly as tensions remain and continue to build there, we're seeing selling in different areas. those russian etfs, even here at home we're seeing market reaction as oil moves higher where there is concern russia is a big producer and gold is a safe haven. david: on a day where you see practically nothing but red arrows, green arrows stand out. up nine 1/2% for jcpenney. we have a guest come on to talk about that. [closing bell ringing] >> is great move for jcpenney. that tax on last week when they were up 27%. david: we'll talk about jcpenney. why is it popping? liz: as bells ring on wall street it has been a very tough session but we're clearly 100 points off the lows of the session for the dow. that's right, the low was down 250 for the s&p. at one point we were down 25. a little it about confidence coming back into a thinly-traded market with the overhang of serious news out of the southern region of ukraine. that is called crimma. as soon as we get more details what is happening the

pierre etf family, three kids. you can record jail. he said, no, i'm not going to disobey what i think is the right thing to do. and going to trust god. the literally refuses to plea-bargain and goes to jail. anybody who thinks it's a country club is to rethink it. it was awful. but then when he gets out of jail something very similar, he says of going to give up a lucrative career. think of martha stewart. she gets out of jail. this year ever mention joe? no. on going to spend the rest of my life not forget in jail. and during the span the rest of my life going into presence bringing my fate in the prison, bringing hope to present, bring justice, reform. he found something called christian. had the privilege of working for christian to help prisoners cannot help prisoners' families, to burn restitution to victims. on and on the sacrifices the rest of his life, 35 plus years to do when the bell was the right thing to do, and the gamut of very lucrative career as a big shoveler with all kinds of connections in washington. that was someo

individual equities or etfs and funds? we're going to make the case for both, coming us, but hardly the everyman. article you this chu, we'll see if we can convince him to buy individual stocks. >> okay. we're going to be watching. and later on is one of the wall street's most loved stocks falling out of favor? the most expensive life insurance policy ever. stick around. ameriprise asked people a simple question: in retirement, will you outlive your money? uhhh. no, that can't happen. that's the thing, you don't know how long it has to last. everyone has retirement questions. so ameriprise created the exclusive.. confident retirement approach. now you and your ameripise advisor can get the real answers you need. well, knowing gives you confidence. start building your confident retirement today. gundyes!n group is a go. not just a start up. an upstart. gotta get going. gotta be good. good? good. growth is the goal. how do we do that? i talked to ups. they'll help us out. new technology. smart advice. we focus on the busines

since this etf came out seven years ago, it's never been cheaper.mes earnings, half the price of emerging markets that are also cheap at this time. and when you mention ego, hey, we noknow putin definitely has ego. he wants his capital markets to be respected. what's going on is he's going to these banks, oil companies, and saying all the cash you have on hand, you have to start giving out to your shareholders. dividend wield 3.4%, could be up to 6% by the end of the year. if we can get through this tumultuous time, i think we can see higher highs. >> to the extent the russian bourse is discounting future earnings, how strong do you think the growth and earnings power will be when it seems like lately all we're doing is taking down our estimates and likely to see further estimates. >> everything that's happened in the last few days on both sides has been very carefully scripted. european and american leaders said this is what we're going 20 do if you have the referendum. security council voted. crimea voted. interimmediate yad sanctimediatn imposed.