elaine garzarelli is president of garzarelli capital. welcome back, always nice to see you. >> nice to be here. >> tom: what makes you so confident in higher stock prices with all the uncertainty that remains? >> well, basically, my indicators for the stock market are bullish. they're at 76% level. and they need to go down to 30% for a major bear market. we're down below 43% for 10 to 15% correction. and basically there are economic cycle, monetary valuations, and sentiment. and those are the four categories of my indicators. so it's fundamental for the most part. >> tom: i want to ask you about oil in a moment. last fall the last time you were on with us you were bullish and your indicators were as well. you were looking at the time at the sm for above 1300. we're above that now. so do you have a price target in mind? >> for earnings for this year, assuming that oil prices stay where they are now, which is pretty high, i have 94 for sp earnings, and for next year i have 102.50. so if you just multiply a 15 multiple by that, which is con

, president of garzarelli capital. the federal reserve releases minutes from its march policy meeting and we'll see monthly wholesale trade inventories. monday, with public worker unions under pressure in several states, we'll talk with a.f.l. c.i.o. president richard trumka. >> suzanne: american apparel may file for bankruptcy. the company warned today it may seek chapter 11 protection or liquidate its business as its finances get worse. known for risque marketing campaigns, the retailer reported a fourth quarter loss yesterday. the bankruptcy warning also follows recent allegations of sexual harassment against the company's controversial c.e.o. dov charney. >> tom: bankrupt video chain blockbuster heads to court on monday and it may have two new suitors. dish network and billionaire investor carl icahn have reportedly made bids for blockbuster. in february, a group of hedge funds kicked off the sale process by bidding $290 million. the dish and icahn bids are presumably higher than that. blockbuster used to dominate

she's elaine garzarelli, president of garzarelli capital. it's official-- satellite company dish network is now the new owner of blockbuster, the former video rental giant. a federal bankruptcy judge today okayed the $320 million deal. for that price, dish gets blockbuster's stores, customer lists, and most importantly, its digital business of streaming movies over the internet. blockbuster filed for chapter 11 back in september with more than a billion dollars due to creditors. >> tom: it's back into the skies on saturday for four southwest airlines planes. the four have had repairs made to cracks in their aluminum skins. dozens of southwest's boeing 737s were inspected after a hole opened in the roof of one while in flight last week. that plane made an emergency landing in arizona and is still being repaired. >> susie: this summer is expected to be another tough one for teenagers looking for jobs. last year, teen job seekers had the weakest summer job market in decades. tonight, our "kids and cash" series has advice for young people lookin