most actives, there were gains across the board. but our emerging markets showed the smallest gain. and that's tonight's market focus. a >> susie: our market monitor says no matter what the fed does or doesn't do. investors can still make money investing in mid-cap growth stocks. he's brian lazorishak, portfolio manager of chase investment counsel. hi, brian. nice to have you with us. >> hi, susie. nice to be here again. >> susie: so you're pretty much thinking still over the next year, year and a half, stocks will be on the up side. tell us why. >> well i think you can have some short-term volatility and certainly a lot of eyes on the fed and what happens next week. but we remain constructive on stocks over the next 12-18 months, and particularly, the ones in the portfolio of the chas grow fund. >> susie: let's talk about some of them. you have four stocks to tell us about. at the top of your list oil states international, o.i.s., trading here at the big board. up for the day, flat for the year. why do you like it? >> yeah, oil states international is an interesting company. we scr

and, factory payrolls showed the biggest gains. swonk says, the devil is in the details. >> we know that this report was helped a little bit by the fact that the auto makers kept their plants running when they usually retool them in july. auto sales haven't been that strong lately, we're going to have some give back to some of that production later in the year. >> reporter: to some economists, the latest snapshot does not alleviate the pressure on the federal reserve to do more to rev up the economy. others say another bond buying program from the fed, known as "q.e-3", is less of a certainty. >> i think it buys the fed some time to see how the data evolves. i think q-e3 is still a possibility, but it's not as sure of an outcome in the september meeting. >> reporter: as for how the job market will fair during the rest of the year, experts predict more of the same. monthly job growth of about 100,000 to 150,000, and the unemployment rate lurking around 8%. suzanne pratt, "n.b.r.," new york. >> susie: our guest tonight says july job

shares gained 2.1%. volume was lighter than usual today. the biggest meat processor in the u.s., tyson foods, may have to turn to brazil for corn. the company put that option on the table today thanks to the continued drought throughout the midwestern u.s. it comes after tyson reported weaker than expected earnings, coming in four cents per share below estimates. its beef business saw lower demand thanks to the controversy over a ground beef additive called pink slime by critics. falling pork prices hurt that business as well. the company went on to lower its revenue outlook for the year and that hit shares, falling eight percent. volume was more than three times normal. this is a new 52 week low for tyson. shares semi-truck maker navistar hit the gas, after federal environmental regulators submitted a final rule on if the company can continue to pay fines and still sell engines that do not meet e.p.a. guidelines. the stock has been under pressure as it has been threatened with losing the ability to sell new engines that don't meet current

that is why capitalism is not a zero sum gain. it's a positive spiral of gains. it's ultimately opposing the golden rule of judeo-christian morality. the good fortune of others is also your around. it's just the image of capitalism, some vicious predatory system is the opposite of the truth. socialism, when you cut off the future through socialism, block off the horizons of change and creativity. the image of your creator, then you really do have a zero sum gain. everybody fights in the lobbies of washington that is another facet of the welfare state. >> are you working and all with the romney campaign? >> i'm not working with it. i work for george romney who is in its father.

you can see gains take off in this sur surveillance video. when he caught up with him, there was a confrontation. the d.a. said gains had a gun and reached for it. >> clearly the most significant factor was the kiss tense of the 45 caliber firearm that the young man had in his possession and was reaching for at the time the officer made the decision to fire and kill him. >> what he didn't know was that the gun was inoperable. >> i have seen the gun, and it was not apparent that it was missing the firing pin and was inoperable. >> but gains did know. >> he very much knew that the gun was not an operable gun. >> i spoke to the boy's step-father, and he said the family is disappointed with the d.a.'s finding, but he isn't surprised. john burris filed a civil suit. >> this young man and another young man were walking and they would stop by with no apparent reason. kind of a racial profiling. >> he has witnesses who says gains didn't reach for anything, but of course the d.a.'s office witnesses who said he did. they will be holding a rally at that

you can see gains take off in this sur surveillance video. when he caught up with him, there was a confrontation. the d.a. said gains had a gun and reached for it. >> clearly the most significant factor was the kiss tense of the 45 caliber firearm that the young man had in his possession and was reaching for at the time the officer made the decision to fire and kill him. >> what he didn't know was that the gun was inoperable. >> i have seen the gun, and it was not apparent that it was missing the firing pin and was inoperable. >> but gains did know. >> he very much knew that the gun was not an operable gun. >> i spoke to the boy's step-father, and he said the family is disappointed with the d.a.'s finding, but he isn't surprised. john burris filed a civil suit. >> this young man and another young man were walking and they would stop by with no apparent reason. kind of a racial profiling. >> he has witnesses who says gains didn't reach for anything, but of course the d.a.'s office witnesses who said he did. they will be holding a rally at that

only one of the most actively traded e.t.f.s eked out a gain.he russell 2,000 tracking fund was up a half-percent. and that's tonight's "market focus." >> susie: successful professional athletes have some of the highest paying jobs in the workforce, but that's not the case when it comes to collegiate sports. sports expert rick horrow says the reason why college athletes don't get a salary may be more complicated than you think. >> reporter: every fall, with the start of the college football season, the same question resurfaces-- do college athletes deserve to be paid? the short answer is they already are being paid. between full tuition, room and board, textbooks, and other covered expenses, college athletes with a full scholarship easily save upwards of $40,000 a year. but compensation that's earmarked for an education might not be enough. in using player likenesses for video games and merchandise, plus the billions of dollars tv networks pay for rights, college athletes bring in much more than they receive. i believe that because athletes esse

the shanghai comp gained. gains in banking shares on the back of those were offset by losses in developers and consumer stocks. hong kong shares fared better. shar nikkei climbed to close out its three month high. exporters extended gains on the weaker yen. the economy is facing some headwinds. in south korea ship builders with europe's exposure talk about merkels remarks. we'll get a bit more. aussie market added 0.9% led by energy and banking stocks. lastly india's sensex up by .1%. >>> with an interview with cnbc this morning, a member played down newspaper reports that finland is preparing for a euro breakup. they said it had to be prepared for the worse. the company's minister told "squawk box" today that his country is 100% committed to the euro. >> there is a lack of trust among member states a lack of confidence and we need to rebuild that trust. in order to rebuild that trust we need tighter rules for the future and the collateral requirement, which is a footnote in this whole game is part and parcel

no capital gains or dividend tax. investments can compound for years tax-free giving you much larger returns over decades. you only pay taxes on the money when you withdraw it and then it's regular income taxes. that's a sweet deal. especially if you're worried justly about dividends or capital gains go higher. they have gone up and down. as much as i like the 401(k) plans and iras i have to stay something nobody else will say. most company 401(k) plans stink. they have high management fees and administrative costs that eat into your returns. they typically offer lousy choices for investments, not nearly enough control over them. the 401(k) business to me is sometimes a racket for the managers to get big fees. i'm upset about it but i'm helpless to stop it. ideally you want a diversified portfolio of five to ten individual stocks. but you see, most 401(k) plans won't let you do that. often they only let you choose from a very limited money you between a couple dozen different mutual funds with some stock funds, some b

you can see gains take off in this sur surveillance video. there was a confrontation. the d.a. said gains had a gun and reached for it. >> clearly the most significant factor was the kiss tense of the 45 caliber firearm that the young man had in his possession and was reaching for at the time the officer made the decision to fire and kill him. >> what he didn't know was that the gun was inoperable. >> i have seen the >> i have seeit was not apparent that it was missing the firing pin and was inoperable. >> but gains did know. >> he very much knew that the gun was not an operable gun. >> i spoke to the boy's step-father, and he said the family is disappointed with the d.a.'s finding, but he isn't surprised. john burris filed a civil suit. >> this young man and another young man were walking and they would stop by with no apparent reason. kind of a racial profiling. >> he has witnesses who says gains didn't reach for anything, but of course the d.a.'s office witnesses who said he did. they will be holding a rally at that gas station on what wou

but will back-to-school sales keep the gains coming? we talk with moms and kids about what they're spending this year. and turning patients into consumers-- we take a closer look at the medicare plan of congressman and now vice- presidential candidate paul ryan. that and more tonight on nbr. a comeback for the american consumer. thanks to a burst of buying in july, the nation's retailers posted their first monthly sales gain since march. the commerce department reported today july sales rose eight tenths of 1%. the government revised june and may's numbers lower. economists welcomed the numbers, but say there's one thing that will get consumers to spend more-- jobs. >> relying on it which is relying on how much you need to invest, how much they will lead to higher. we thought the economy sold and would be bad for income growth and consumer spending fall back. >> susie: one retailer nailing it-- home depot. the home improvement chain posted better than expected earnings today, underscoring the recent strength we've seen in the housing ma

gas prices at the pump have gained 31 cents. that's up 9% and that's adding to a 5% increase from the month before. just about every week there was something that caused those to come higher. but the good news is it is a labor day wekt. we should see some relate at the pump very soon. >> thank you, court. >> meantime, no relief for facebook shares, hitting another new low and now down 52% since the ipo. where can they start to find a floor here? that's what we're going to aurn here in talking numbers. i have greg chartoli. andbrian wee if you look at where key resistance is now, it's right around this 21 moving average line. and technically, i look at this chart, and i have no reason technically to buy it except for the fact that everyone on the globe is bearish and sometimes that can give a pop to the market of a couple of bucks -- >> not everybody is bearish. brian, you have a buy on this, but how long have you had a buy, are you riding this thing down or what? >> i start with the time of the ipo. we upgrade it in june when th

great for capital gains that are tax protected.m line, a huge part of long-term investing is retirement investing. and put money in a tax favored vehicle like an e.r.a. and invest in high yielding dividend stocks. the goal is to reinvest dividends and let them compound year after year without paying taxes until you withdraw your money at the end. that's a terrific recipe for producing huge long-term returns. david in california. >> caller: i like your show, jim. >> thanks for calling in. >> caller: i was just wondering. you're probably at the institutional level. the ordinary individual can gain access to listen to the analyst question as well as management's response? >> a lot of times you can but you don't need it in real time. you can just go get the transcript. that's the uh way i do it. sometimes i do it in real time. sometimes on the show. i do the transcript on the way home, order the transcript at night and they are available everywhere. you can stop. that's the important thing. you can stop and think. you can't do it when

did you see it gain speed? let me try it from up here. can you guys see it gain speed when i drop it? did you see it pick up speed? very difficult to tell, but you know it does pick up speed. you know that intuitively because if i took this clay and i hold it above and i say, "would you dare to catch this?" dare to? yeah. yeah. you dare to catch it? okay. now, we're gonna do the same thing. i'm gonna go out on an airplane and i'm gonna drop it. and you catch it. would you dare to catch it? oh, no way. because you know as this thing is falling, it's gonna pick up speed. isn't that right? and to say it picks up speed is to say it's gonna be undergoing a process begin with a called... acceleration. acceleration. okay? and that pick up in speed, that's what acceleration is. and i'm just--we just saw here this thing does accelerate. let me tell you how much it accelerates. it turns out that a freely falling object at the surface of the earth will have a constant acceleration, and that acceleration will be 10 meters per second every one second.

for most of the session because of gains in the world price which declined just at the. very end of brushes and also you know what they call most of the biggest gainers these two companies reported the second second quarter net profit go down by as much as thirty to fifty percent however both reports were better than was expected and on the currencies market the euro still higher versus the dollar around thirty four points around actually precisely thirty four points and the russian ruble was. gaining against both currencies but ended the session on a negative no there was a lot of selling the idea that such horrible despite all the ups and downs and yo yos on the financial market it seems nothing can hamper the mood of athletes coming back from a london especially medalist because millions of dollars have been paid by different governments to those who have raked in medals and could be faster higher and stronger in the name of their country. pilbeam takes a look. the olympics is now over for the winners they have a permanent reminder of their victories a big shiny medal

fifth straight weekly gain. today's best performing stock sectors reflect a mix of investor sentiment, ranging from global economy to more defensive positions. the telecom sector put up the best gains, up 0.8%. the industrial sector and healthcare were higher by a 0.5% each. the lowest price stock in the s&p telecommunication sector continues to see heavy buying. sprint added another 2.5% on heavier than arage volume. this is a new 52 week high. shares have almost doubled since memorial day as the wireless carrier has increased its financial outlook. another stock finding buyers after a steep decline is hewlett-packard. h.p.q.'s 1.5% rally today made it the best percentage gainer of dow industrial stocks. the stock is at its highest price since early july. the troubles at research in motion are well known. its blackberry devices have seen their market share shrink due to apple's iphones and smartphones running google's android operating system. shares were up 6.3% after reuters reported i.b.m. considered buying

instead of paying normal taxes on it, they call it capital gains. but it ain't capital gains. it isn't investment money. it isn't investment income. they're just lying. it's like me saying i'm a talk show host, instead of calling calling it income and paying 30%. i'll call it capital gains and pay 15%. now in 2009, this has nothing to do with mitt romney, this is a scheme that they know happens. this is not political. he said, it is extremely aggressive and subject to serious challenge by the irs. because it isn't legal. you can't just call your income capital gains and say i'm going to pay 20% less than i'm supposed to. that's what mitt romney did. we now have the document on it. he's a tax cheat! call it by what it is. now, we turn to paul ryan, his running mate. turns out there is a new report by roger stone. roger stone is an insider as it gets in the political circles. a bit of an excentric. with worked for reagan, bush, etc. he says, my sources tell me david koch played a key role in ryan's selection. they got together at the hampton estate, we reported that for you when

morgan and bank of america posting healthy gains of over two percent also the second largest u.s. natural gas producer chesapeake is now over ten percent composed of territories to some big companies today really showing what they're made of we got the dow jones nearly half a percent up on the nasdaq around one percent opposed to us was european markets are concerned it was a choppy day of trade there up down all day long it's hard to keep track now and that was imposed today to coming out of the u.s. markets and that was because of industrial amount i thought you numbers they weren't quite as bad as what was expected tomorrow we're going to get some likely kind of signals as to whether we're going to see quantified easing or. we really don't know. who on the line at the moment will the fed so we're also going to talk about what about those i promise you stand a chartered yes it was going on at one point we saw the stock losing every twenty percent and that's because it's been suspected of hiding tens of thousands of transactions with a draw which is subject to u.s. economic sanct

the energy sector led the gains, up 1.3%. the material sector gained another 1.1%. one other consequence of expecting more stimulus from the federal reserve: higher energy prices. more stimulus could help the economy, and that could fuel demand for energy. oil settled at $93.67 per barrel. globally, a hurricane threatens some offshore mexican oil production, and north sea oil production is expected to drop to a record low next month. chesapeake energy rallied 9.4%. earnings were up, and it said it will continue selling assets helping pay down debt. cabot oil jumped 5.1% to close just below its highest price of the year. and refiner tesoro is at a new 52-week high, up 5%. tesoro may see business pick up thanks to a fire last night at chevron's refinery in richmond, california. but the market didn't seem too concerned about the damage. chevron stock gained a fraction. it's refinery outside san francisco handles 10% of the refining capacity on the west coast. we have a closer analysis of chevron's stock chart on our web site, www.nbr.com. you can find it under the "blo

are you expecting still some gains here? >> we think so, because you look at the consumer, he's far from dead, he's still going to continue to be about 70% of the u.s. economy, but there's great companies with great strong balance sheets especially in the united states, you look at corporate earnings being close to all-time highs, they're slowing down, but close to record highs. revenues and sales are getting challenged, but you want to look at the strong companies with great global franchises that can execute in a soft environment. there's a lot names in the consumer space that our managers like. >> tom: a more classic defense posture is in health care, the xlv fun has climbed nicely since the fall, and has picked up a bit since we had afirmation from the supreme court about the health reform, haven't we? >> certainly, the affordable care act or obama care more commonly referred to, the supreme court decision really pulled away a lot of the up certainty about whether or not it would be a law. since it is now a law the winer

consol energy gained 6.4%. peabody energy was up 6.3%. the miners have cut back on coal supply as prices dropped. four of the five most actively traded e.t.f.'s were higher. the loser was the financial sector e.t.f., slipping a penny. and that's tonight's "market focus." >> tom: the hot dry weather through much of the united states is behyped a big jump in global food prices. after falling for three months, the united nations food price index jumped six percent in july. even with the sharp jump, global prices are close to what they were in april by the u.n. gauge. with the drought continues. corn prices continue to climb in the u.s. settling at a new high today. 8.25 per bushel almost, just a penny >> scott shellady joins us from the cme group in chicago. scott, huge rise in corn prietions laeltly. is it sustainable? >> i think it is sustainable, because ultmaltly we're the king of corn. we're the world's grower of corn. you know what? we just don't have the corn this year. mother nature took a big bite out of us. our farmers are the best

all that led to modest gains on wall street. the dow rose 25 points. the nasdaq added 14 and the s&p inched up two points. for the week, the major averages closed on the upside for the sixth week in a row. today's gains in stock prices came in spite of very low trading volume, both at the nasdaq and here at the big board. sure, summer doldrums are a big factor. but, the drop in trading volume goes way beyond seasonal factors. suzanne pratt has the story. >> reporter: mid august on wall street and it's really no surprise that trading volume here at the new york stock exchange is so light. after all, it seems like nearly everyone is on vacation. but, even after accounting for all the hedge fund guys and traders enjoying the hamptons, volume is anemic. sure, tourists are plentiful outside the exchange, but inside on the floor. it's downright dull. no matter how you measure it, volume is well below the buying and selling we've seen in previous augusts. wall street veteran teddy weissberg says it's nothing new. >> it seems unusually light. but, i would remi