dr horton reported better than expected profits, thanks to higher home prices but say rising mortgage rates are increased cancellations and a drop off traffic in june. how the stock did today, dr horton off by 8%. >>> builders like pulte say buyers demand greater energy efficiency but the same worry about the price of those invasions. once more, in valuing a home they don't give due credit for going green. that may change in congress. diana olick has the story. >> reporter: solar panel, tankless hot water heaters and extra insulation can save homeowners hundreds of dollars a month there is a bill to have lenders factor the savings in when figuring a mortgage. >> it's about energy efficiency, savings, i think it's a win, win proposition for the industry. >> reporter: the bipartisan save act does two things, requires lenders to factor energy savings into how much a borrower can afford into the mortgage payment and subjecting the savings in the energy bill from the monthly expenses and tells lenders to add the value of expected energy savings to the value of the home in the appraisal. si

horton below expectations. horton's conference calls, what everyone is talking about. causing an increase of cancellations. put up will full screen. first time buyer shop so they would notice the first time buyers got hurt. cancellations go from 20% to 25%. doesn't sound like a lot but it effects overall orders here. right now the problem is home builders are tough to invest in physical we find out if this continues into the third quarter. or if the fed steps in and keeps rates lower by simply not going to removing their stimulus. very simple here. let's move on. not just because of facebook. qualcomm, what's the problem? no problem with smart phone sales. how is the earnings doing so far? here is where we're at. about half way through earnings season, folks. 4.5% earnings. they laugh at me. i said 5 to 6%. i'm still saying, we will go there. 4.5% growth on earnings. half percent on revenue growth. quick comment on this indictment of sec capital. down here they are worried about this. they are worried because it is said for years they are 3 to 5% total volume on the ne

the 2006 don horton football coach became one of million ss who have developed parkinson's disease.es it every day. if he can live it i can fight it. >> maura's husband is a football coach whose life changed seven years ago when he was diagnosed with parkinson's disease. >> did you tell her or did you go together? >> we went together but it's a situation where you don't want to admit that you're losing something. >> reporter: at the time he was an offensive line coach but he chose not to tell husband players about his decision. >> being a coach's wife or family we've always been much more researched, so it was toez be quiet. >> reporter: but as time went on, don started having trouble. the turning point came one day in 2009 when he couldn't button his shirt after a game. >> the coach came out and was trying to button his shirt and i said do you need some help. he's such battler. he said i'm good i'm good. >> i said coach, i can tell you. >> russell wilson was a quarterback back then. >> i tried to help horton. try to be a blessing for him. he was such a blessing to me. >> don told m

he did put together and add that did not mention horton. that was a cable and that someone else. the campaign. but the bush campaign did run. >> contact to cameras. >> committing murder. >> i mean, you can say that he ran of willie horton ad and he didn't. it turns up it was notorious, highly objectionable. kiddy these titos right is extremely important. >> your kill it -- carrying willie horton in your mind. my point is for people like be critical of you, we don't have that in your background. bills was clearly on the other side and migrated. to me that becomes at this from a different background than from somebody who's been in journalism multi order where visa versa why -- >> i hope not too bad. >> is no comparison. >> it's frankly a little rich. >> let's go from the republican party. wherever they want to call themselves these days. this question to the audience member. to what extent do you think tea party backed republican senate candidates made better reverse could still affect in their selection? in effect you think the democratic senate its of what faugh -- >> it's inter

horton expected up 25%, up 13%. these were major misses. d.r. that full screen back up here. d.r. horton did say that higher rates caused an increase in cancellations. how much? the implication is the cancellation went from about 20% to 25%. that's not insignificant. i know it doesn't sound like a lot but it actually is fairly significant and that's the major problem we've got. let's look at the itb. basically the home builders are difficult to invest in group right now. we're near the lows for the year. this is the big etf in the group. the reason they're near the lows, they have to decide whether this slowness will continue into the third quarter and whether the fed will step in. you think mr. bernanke will watch any slowdown in housing if one materializes. it's not significant yet but believe me, that's the problem people are trying to figure out right now for this particular group. let me show you tech stocks. we're doing good in overall numbers. qualcomm had great numbers, facebook had great numbers as well. finally just want to make a litt

horton, we're also looking at pulte group. down 11 1/2% pulte here and horton down 9%. both came out with numbers. the executives of d.r. horton noted the rising mortgage rates, how quickly they have risen. they have had cancellations as a result. so their numbers got hit hard ultimately. when i look at the 10-year right now sitting at 2.60%. as we noted we have seen rates on the move to the upside. u.s. dollar has been to the downside. right now the dow is down two. back to you. tracy: thanks, nicole. see you in a bit. ashley: we have breaking news for you. sac capital hit with criminal charges related to insider trading. elizabeth macdonald outside the is attorney's office with the latest on this story. emac. >> good to be with you be ashley and tracy. we got out of press conference behind us, preet bharara and the assistant director of the fbi new york office calls it systemically. calls it basically the worst insider trading case they have seen in history. substantial pervasive insider trading where sac capital actively re

. >> jimmy: first player is nathan horton.ht laughter ] >> steve: nay-thon hor-ton. >> jimmy: nathan horton -- he was voted most likely to go as a sexy devil for halloween. [ laughter ] that's the same thing. same costume every year. [ applause ] patrick sharp was voted most likely to stare at his reflection in the ice. he's a good-looking man. [ applause ] michael frolik was voted most likely to be the love child of jack black and ashton kutcher. [ cheers and applause ] i can see that one. michal handzus was voted most likely to have just realized he forgot to clear the internet history on his wife's laptop. [ laughter and applause ] daniel carcillo was voted most likely to be a golden retriever stuck in a man's body. [ laughter ] where's the puck? where's the puck? where's the puck? dave bolland was voted most likely to pick his nose at a red light. [ laughter ] that's interesting. brad marchand was voted most likely to make you a pizza in 1983. [ laughter and applause ] marcus kruger was voted most likely to call his father

there was a grudge in -- affordab affordability, the great balance sheets, ed horton in particular.alance sheets, momentum stocks. these are all down 30% now. here's a change between an analyst at wells fargo. don, this question falls under the category of trying to determine your body language over the phone. you don't sound quite as enthusiastic as you did last quarter. thomas responds, quote, if i don't sound optimistic enough for you, i guess i didn't drink my red bull, end quote. hey, listen, i'm absolutely sure that's the case. what matters is this answer later that on the call, a question with how the quarter went on month to month with the obvious intervention of higher rates. frankly, we've got good demand in our communities. just a slower demand coupled with the fact this is a slow time for the homebuilders in june. typically, sales start the slow down sbool super bowl sunday, end quote. huh? you got to wait until super bowl sunday six months from now. oh, that's too far. that's what matters in this market. nobody's going to hold on to these momentum stocks through super b

horton. >> you have higher interest rates, steeper curve, there's more incentive for banks to lend.ot everybody was getting a mortgage when it was at 3. the standards were very high. if we see the senior loan officer survey -- >> don't ask it and don't answer it. i got to get out. michael pento and joe, we appreciate it. now, i always say corporate profits are the mother's milk of stocks. what are the earnings reports telling us about those profits? we'll look at it when we come back. i'm kudlow, please stay with us. meet the newest member of the quicken loans family: j.d. power and associates has ranked quicken loans highest in the nation in customer satisfaction... i say "family," because we've been blessed with this honor for 3 years in a row... rest assured we'll treat all of your mortgage needs with tender loving care. amazing client satisfaction: it's a quicken loans family value. call 800-quicken or go to quickenloans.com to experience it for youf. >>> all right. action-packed day on the earnings front. we have all the details. good evening, simone. >> it was action packed. l

dr horton. a home builder was the best performing stock. >> i bought them all. >> you're still buying it? >> they are still going higher. people that want to get ahead of bernanke and the fed here are dead wrong as far as at this moment. will they be wrong forever? no. at some point they'll be right, just not right now. >> if the economy is so weak that the fed cannot step away and they're using the market to infuse confidence in the economy, that is a scary proposition and we are no different than we were on june 24th when everybody probably on this desk and came onto the show was telling you they thought the market was in a very difficult place. >> we got to move on. we got to move on. >> i said you buy with both hands. >> i will say this it's very early in earnings season but 65% of companies have beaten the street. so earnings so far better than expected. okay. it has been hard to keep buying as we go up. we can all agree on that. it got pretty heated on this desk before. take a listen. >> i

i know you jersey boys like your dunkin' donuts, and what do you think about tim horton's?ing to know investing in a company based out of canada? >> there's nothing proprietary. the thing we need to know is we are in a doughnut bull market, which includes horton's and dunkin' donuts. do you know what's held up the best during the sell-off? krispy kreme. it goes to 25. barbara in my old home state of pennsylvania. >> caller: yes, a big fan. i want to know about texas roadhouse. >> it's putting up some good numbers. it's a buy. i think noodles has gotten out of control. i like the situation there at texas roadhouse. i also like bloomin'. those are two very hot stocks. wall street has moved into a new season, but tim collins thinks the packaged foods can rally. focus on smuckers and kellogg. he says they're going up very big, very fast. after the break, i'll try to make you more money. >>> coming up -- stock car. the market may move fast, but tonight, we've got something a little quicker. what do all those logos on the cars say about the speed of the recovery? cramer's one-on-

i was skeptical at first, and then i heard it was developed by fitness trainer tony horton-- he's the

horton, blaming housing prices. today is looking pretty rough for your group, d.r.e heck out of everybody with its comments. >> we have very strong near-term head winds which are going to impact and demand and hurt the performance of the stocks in the next six months as we look to year-end. but if we're looking on a two-year basis, are we going to get to the starts. yes, the homebuilders, kb homes, lenar, poulte, still make a good entry. don't look for much in the next six months, we think it's going to be choppy. there are very strong near-term headwinds. we also really like names like fortune brands which just raised guidance. >> which is, by the way, your best garp idea, growth at a reasonable price. cabinets? what's they're main product line? >> market leader in plumbing, market leader in cabinets. they have exterior doors and windows and they own the master lock brand. leverage to new construction, leverage to repair and remodel. fantastic management team. we think this stock can go from $40 to 48 or 50 in the next 12 months. >>> bob wetenhall, thank you, we ap

the big winner, dr horton up 7.5%. while shares of toll brothers and kb homes rose more than 6%. >>> we'll look whether rising mortgage rates are turning buyers into renters. >>> the labor department says the miss of hiring by u.s. company was higher in may. report also showed that advertised job openings in may increased by a fraction from a month before. >>> but a small business owner's group sees things a little differently. the national federation of independent business reports that a measure of optimism by small business owners declined in june, following two straight months of gains. more owners reported raising prices and some plan to take on new hires, but many owners say demand for the products and services is still weak nncht market focus tonight, fedex takes off. shares jumped on reports that william yacktman is conten plating a buy. there was no comment from fedex or yacktman. they traded at eight times the normal volume before closing at $103.18, that's up more than 4 1/3%. >>> pressure on ib m's growth m

dr horton ceo talked about higher interest rates causing cancellations.ake a look at what the analyst said about the selloff. she said it represents a revaluation of the group to reflect more normal growth. our question tonight is will sales data and fed talks next week take out the housing stocks once again? how do you play this pullback? >> i didn't think you don't play this pullback. they're extremely volatile. and frankly, they've already gotten killed. i don't see anything in any of the reports we've heard so far that tells me that this is a hiccup. i think that what this really is is everyone's going to take their expectations down a bit and truthfully, we don't really get stellar numbers for july, for august for quite some time. this housing thing could turn into a work situation than what's currently expected. we just don't know, it's too early. >> very, very pretty. >> crazy. >> when we're talking about the housing market, i think you have to talk about the overall market. i agree with josh. i don't think you play based upon what's going on, or y

so while it's definitely true, as you point out, that dr horton, lennar, toll brothers, pulty, these are not all the same company, in general, this rising tide that has lifted all boats and i would expect all of them to fall as well. included in the hxb are a lot of the suppliers to the home builders, names like masco, for example, and some of the others that actually sell the materials for home building to the home builders. and of course, some parts that you might actually think of as home improvement, like lowe's and home depot, whether they will be affect as as much seems mess likely. their valuations aren't quite as stretched and they aren't as tied to it. but in general, this is an entire sector that has really benefited from the low rate environment. the valuations reflect that and if rates continue to rise, it's going to pressure all of them. >> so obviously, tonight, mike is bearish on the housing sector. let's crack open the playbook and see how it works. a bearish trade where you buy one put and sell a lower strike put. how do you make money? you want the stock to fall to

horton up 12% this week. >> all the homeowners at the epicenter of the buy/selloff.'m not necessarily convinced this is the place to be. if you were lucky enough to get 12% a week take them. >> drop for neighbors, down 8%. josh brown. >> a little bit of a recovery today but a very tough week for a really old and storied name. i would be taking a look at it. i wouldn't jump in just yet, but i think this sector is overdue for some good news and this is at a decent discount. >> netflix up 14%. >> they announced our friend and colleague are going to help moderate the earnings next week. i'm not saying we've had this story called but we've had it pretty good and continue to own this thing in earnings next week. >> let's take a look back now at some of the best moments here on "fast." >> montage -- >> call me crazy, just don't call me maybe. ♪ call me maybe ♪ >> why, brian? >> why? because they're -- they're at five-year highs. >> one guy calling it a dog, the other bought it. >> good battle, my friend. >> it's still -- >> maybe the dingo ate your paper. >> i don't know wh

changing surgery while you're in labor and delivery while you're about to go under and that is a horton absolutely now we find out juror said that in any inmate expressing remorse for having this procedure is trying to get a handout from the state what is your response to that. my response is the part that launched this legal sterilization protocol with the federal receivers knowledge the same receiver who was appointed to the federal courts to raise health care provision in california prisons to constitutional levels at least one prisoner dies per day that's what the receiver documented back in two thousand and six due to severe medical neglect so when you have officials who are working for a system that treats people so abhorrently and leads to dead i don't know that we can trust their opinion i don't think that we can trust what it is that they're saying individuals have documented the use of that they have experience and that is backed by their medical records and backed by documentation of what's been said when they've actually gone to these doctors so i think that that's something

every time they have a revision whether it is the gdp horton the jobs numbers, it always makes thingsk better. but. >> the jobs numbers and not going to comment on. by the way, your last interview was good. gerri: playing into this whole conversation. americans are not working. the unemployment checks and disability. >> i don't understand that the attention paid to the revisions to gdp to be honest. it will raise gdp. it is that going to change the growth rate. won't change what actually was. one change the fact that the last term in office in obama's first german office were abysmal and ruined the country. it is not going to change any of that. we all know it is a really terrible -- gerri: the devil is in the details. look at what they are doing, and this seems to be cheating. spending will become a part of gdp even though not every product you research becomes a blockbuster. and then money spent on our. that is part of gdp. maybe you should count empty toothpaste containers. >> you're not old enough. at think music and stuff like that, photography. it's all garbage. if they like the

. >> horton's, we have the mocha iced cap with cream and iced mocha with skim milk, difference in calorieshose add up, baby. >> sprinkles will kill you. >> frozen birthday cake latte and skinny iced mocha, difference here is 330 calories. >> thank you, healthy options. >> you have a chance to check out the full report, check out thedailymail.com. >>> we have fun games the whole family can play together. first, this is "today" on nbc. >>> the holiday weekend is about to begin, and you can turn on the tv for your kids, let them play video games that will keep them busy, or create quality family time together. >> whether you're hitting the road or staying put, fun games to keep the whole gang entertains. >> how are you? >> let's go! >> okay, this is lawn twister, and this is fun and easy to make. this is shaun and steel helping me out. boys, want to put your hand on red? all you need are four cans of spray paint, make sure the green is bright so it shows up on the grass. put your right hand on red. and you cut out cardboard, pizza boxes. >> right hand. >> and left foot on blue. good luck with

they were the group behind the willie horton ads.pported clarence thomas in his confirmation hearings in 1991991. >> john: that's interest, he and scalia had conflicts of interest in this case. why didn't they recuse themselves? >> i don't know, john. i don't know why but the fact is that in addition to the group citizens united who is a party in the case having spent hundreds of thousands of dollars on an ad campaign for clarence thomas 20 years earlier clarence thomas' wife is politically engaged and that led to her accepting two enormous gifts which she then spent politically on tea party candidates or candidates who supported the affordable care act in 2010. now jenny thomas clarence thomas' wife now consults for non-profits and how they can deploy money politically. >> john: why was he able to give an opinion in the obamacare verdict? but a lot of folks know that scott walker was able to outspend his recall opponent 8-1. they don't know how invasive that money was other than tv ads. where did the cash go? >> some of the cash wen

nobody wants to be the person that we're all familiar with willie horton, and how that ad campaign wasessful. in an effort to appear tough on crime i think judges will sentence people longer than the long minimums, or legislature will vote in tough sentences. in louisiana three drug strikes, you're in prison for marijuana. i think most people who have gone through college would not think they would be facing life in prison if they were arrested. >> john: incredible, and it's not too often caucasians who face this choice. >> it's not. who is arrested in this country is a really interesting question. so 80% of people who are going through the criminal justice system are represented by public defenders. 80%. >> john: that's amazing. >> that means 80% of the people are poverty-stricken, low income people. we know how poverty lines up with race. >> john: florida supreme court just ruled public defenders can now turn down cases because they'll have 500 felony cases and 250 250 misdemeanor cases to handle. >> you are very well-read. >> john: you know what are the implications of this new supr

horton's cancellation rate with 25%. 20% and yeah, that's kind of significant going from 20 to 25%. a bit aftof a surprise. wci pulled it off. this is a florida home builder. ipo priced at $15. look at that. ending just above 15. impressive that it held right near 15. an important day, folks, we are half way through on the earnings situation. right now about half of the stocks reporting 4.5% earnings game. i want it mention another ipo out there today. this specializes in cancer therapeutics. did very well overall. bottom line is 12 to 14 price range. you can see where it ended up at 1988. maria, too strong to say that cancer therapy is this year's hot ipo. but we are seeing a lot of biotechs coming down the road. a lot of them specialize in cancer therapy. i think there is something going on here. i think these companies have good sponsorship and great sign for science helping all of us getting older, helping us out. >> you're right. biotech has been hot. i understand there is 400 drugs in development right now in the pipeline in terms of -- you don't know that all of those come to

it happened at least six restaurants in the tim hortons chains.nton, canada a man put down 900 canadian dollars to cover the coffee costs. >> customer come in and say i want to buy 500 coffees. he was like, no reason. >> restaurant chain said the free coffee was not a promotion and had nothing to do with the man who bought everyone coffee. >>> when it comes to gay rights, tim hardaway seems to have done an about face. he was the first person to sign a petition seeking to legalize gay marriage in florida. that's in countries who to when he told a radio interviewer he hated gay people and declared he was homo phobic. he's been working with a group that supports. >>> the gilroy garlic festival kicks off today. this is the festival's 35th year and as usual you can find just about any kind of garlic flavored food from more than 60 different vendors. contestants are competing in a great garlic cookoff. thousands of dollars are donated to local charities. >> it goes for a good cause. great atmosphere. >> the garlic festival runs through sunday. >>> pets

. >> pulte and horton came out with quarterly numbers.tes they saw a lot of cancellations. >> amazon is is up 1 1/2%. those numbers just minutes away. everybody is watching this mon. it has an unbelievable price-to-earnings ratio of 230 looking forward. yet they make a penny a year ago. maybe making five cents this time around? >> we'll watch amazon. the stock is doing well going into the closing bell. they will look at international numbers, competition against ebay. even their grocery business. analysts are waiting on this one. stock is looking good i. david: equal come, that continues to go up. >> who worried about smartphones and qualcomm. they gave a good outlook and did well with winning number of 3 1/2%. [closing bell ringing] liz: let's listen to that one. we see people clapping for a couple of reasons. those markets have been slightly lower for much of the day, punching into positive territory. the nasdaq was a winner in part due to facebook. at the moment it's a win for the dow jones industrials, the nasdaq and s&p and russell 2

dr horton, home builders as group remember dropped some 17% between late may and early july.ve since rebounded about 8%. the miners also working in today's trade. reacting to bernanke. you saw the dollar drop. check out miners, gold fields and wr yamana gold. strategic hotels and resorts, uht and dlr. we end on the banks. we get earnings reports from j.p. morgjp morg morgan and wells fargo. >> downgrading wells fargo, will bank earnings put a damper on this rally? >> scott is with us as well as anton shutz. what's behind the downgrade of wells fargo? >> we entered the year recommending about half of the names within the list. so within the second quarter the expectations for the year got a lot more uneven. you had kind of a slow down globally. much more uneven recovery and the big news is shooting up of the long deal. that reintroduced this uncertainty. but in the context of that, banks have hit record highs. we just thought it was -- >> too expensive? >> i wouldn't say far too expensive but approaching fair value. higher rates, good for investment banks. >> this is a very sp

horton, pulte, lennar, all up sharply.gic did report that may foreclosures declined from a year ago. netflix, another big gainer, a day after extending its licensing agreement with cbs. the company also announcing that it will post second-quarter results on july 22nd. ceo reid hastings will host a live video discussion about the results with our own julia boreston. what didn't work today, surgical got slammed, projected second quarter results that missed the street's expectations, talking about increased economic pressure on hospitals. qwest diagnostics another lagger. ticker djx, morgan stanley downgrades it to underweight. analysts citing more risk to reimbursement. as for the dow, ibm finished in the red. goldman downgrades big blue to neutral, citing pressures on growth markets and higher-margin revenue streams. price target, 200 bucks. bill, back to you. >> all right, josh, thank you. >>> let's talk about the housing market, a key component of the economy and what some fear is a risk to the recovery right now, because

then in 1988, you had roger ailes' fingerprints all over the willie horton attack on michael dukakis.e an 11 page document that shows fox news, its long history of race-baiting which included attacks on civil rights activist shirley sherrod, making up scandal about the new black panthers and purchasing a birtherism. they don't know, i guess, that this isn't 1968 or 1988 anymore. and as much as we're outraged by this, i think the people who should be outrage ready republicans who have to run for office and the folks over at the republican national committee who are trying to rebrand, to rebuild their relationships. >> or at least they're saying that. >> they're saying that. >> let me ask this point, david. >> sure. >> to joy, because i want you to weigh in on this as well. they've also now discovered black on black crime. all of the sudden, they are now talking about violence in chicago. this has been going on a long time. it's been covered on the show. hadiya pendleton, the 15-year-old young black that was killed by blacks, mother first appearance on this show, they discovered it this

you had dr horton which is not up there. down 81%. let's not leave out the ten year bonds.e day is still facebook. right now, facebook is up seven dollars. again, you do not see this very often. i have never seen such an adverse negative response. fox news reporter is with us. the president makes his big highly touted speech yesterday. the reaction this morning, pretty critical. what are you doing about inequality? aren't you concerned that the president simply cannot address what is wrong with this economy and simply blames his opponent? >> i am concerned that the president cannot get anything done. he kind of goes and hibernate after a while. there are concerns that the republicans are living election to election. i am concerned that the minute this election was over, the entire class decided to talk about hillary clinton. you are right. there are real issues out there. people are suffering. stuart: just not there with ideas. 9.5 million people have dropped out of the workforce. in that time frame, the president on his watch, 7 million jobs are being created. 7 million jo

horton, the guys most associated with firsttime buyers. i think that you're going to find if this thing stabilizes at 4.5%, they will find plenty of ways to buy the home they want. >> a great analysis. >> and interesting, too, because when you dive into the housing numbers, you notice in the northeast it stayed flat. >> of course. >> the most expensive homes in america here, so everybody thought that a jump in rates was going to crush perhaps us more than others. in fact, it hasn't, but it still is early in the game. what's your take? >> i think if you delve into the regional numbers and the month-by-month numbers you get a little bit of a volatile story. i think it's important to raise our heads and look at what the bigger picture is. and that's that housing is continuing to improve. we it be continue to see improe provement in existing even though we got a pullback. new home sales increase. for existing we need to look at mix of seams and we're getting more traditional buyers into the market and less distressed sales. >> there's an entir

dr horton ceo talked about higher interest rates causing cancellations. said about the selloff. she said it represents a revaluation of the group to reflect more normal growth. our question tonight is will sales data

horton, standard pacific, toll brothers, all having a great week. another group, biotech stocks, some prior weakness, but once again, an historic eye for the biotech. we'll have ipos, several of them, in the next two weeks. i'll have more on that on monday. finally, a couple of things bother me, a little bit. interest rate, yields on the 10-year, they've stopped rising, but they're not dropping at all. if this thing starts rising again, stocks are going to have trouble. we'll see. second is china. big china stocks all down today. this is trading here in the united states. gdp on sunday, the finance minister of china, said he wouldn't trouble him if we only had 6.5% gdp growth, but the chinese government is officially targeting 7.5%. i think a lot of people would have problems with gdp at 6.5%. and here's where we were on the week. a good week overall. right across the board to the upside. maria, have a good weekend. >> you, as well, bob. thank you so much. >>> the market finishing out with the second best week of the year. with us is ralph, calling

winners are in the housing sector following bernanke's comments on keeping interest rates low and dr hortonr the week. intuitive down on disappointing earnings due to sluggish demand for its products. and boeing shares falling after news of a 8 7 87 fire. it's one of the worst performing stocks not just for today, but for the week. back to you. >> all right. thank you very much, seema. the dow and s&p 500 trying to close at a new high for the second straight day. the dow down about 19 points but it has everything to do with boeing. is it time to start thinking about readjusting your retirement portfolio and exposing yourself to more stocks? bob pisani with us. >> reporter: i want to give people simple principals. keep calm. have a plan. don't time it on fed rumors. the plan should be to figure out how you want to divide up your retirement dollars. here might be a typical allocation for a 50-year-old cup, mix of foreign stocks, bonds, yield, and you think it should be 10% instead of 25%, fine. don't next month say oh, my heavens, the fed's talking, it should be 5%, and next month, oh, my hea

. >> simon, horton. >> upgraded to a buy from fair.these housing stocks shocking in the short-term. this is evaluation fair play and after the earnings call they said gross expansions, gross earnings better than expected and it is a good entry point if you're not in the space already. personally, i would avoid it. >> doc, elan. >> they'll be acquired and that's probably not a surprise to anybody. the carrot hanging out there wasn't just the research and so forth the company has done and some of the intellectual property and also tax situation and that was one of the attractive things dangled out there, finally somebody bit and basically it is a $16 takeout. >> coming up on theful that, whole foods cut canter right before earnings. we'll break down the rare bold call on the street and herbal life and tonight's earnings putting the hurt on karl i can? we break down the battle of the billionaires when we come back. weekdays are for rising to the challenge. they're the days to take care of business. when possibilities become reality. with

the homebuilders -- lennar, dr horton, pulte, all in the red today. of course, higher rate, steeper yield curve, better economic data with the jobs report. good news for the financials, but particularly the regional, zion, regions financial, all working today. and, finally, a stronger dollar. you saw the pop in the dxy, and gold takes a hit. you check out the miner, au, abx, all down hard in today's session. back to you. >> josh, thank you very much. >>> joining us to break down the volatility we saw in the markets today, jordan waxman from hightower, stephanie ling from the street, ron detrick from schafers investment research, and our own rick santelli. ladies, first. steph, what did you think of today's trading? so good news was good news after all, i guess, huh? >> yeah, i'm of the belief that good news is good news. clearly, this week, we had a lot of positive economic data in the u.s. also in europe and in japan. and so, just going back to the u.s., it was ism and commercial construction, factory orders, auto sale, the list goes on and on. i tho

hortons, i think they are 100% affected when you talk about that 30-year mortgage rate.ou can see it with some of the numbers reported. when you get to the upper end when you look at the tolls, that's actually held in there very well. to murph's point, i think those guys can perform. i don't know that you have to wait. i would wait on the lower end home builders. i think you can buy into the higher ends now. >> thank you, pete. >> tell us who you think won that debate. tweet us @cnbcfastmoney using the hash tag bull or bear. >> murph just took a tie as a win. that shows you our perspective, okay? >> he did. we'll see what the people actually have to say. >> okay. >> that's what matters most. >> i'm 11-0-1 versus weiss in my career. >> relatively good economic news out of europe lately has a growing number of people saying now is the time to put money there. is now the time though to bet on a european rebound? josh brown joins us on the phone. josh, how are you trading europe right now? >> i want to say i miss you guys in person but i'll try to get through -- >> we miss h

dr horton, lennar, pulte posted nice gains on friday but heading lower in today's trade.been under pressure on concerns about rising interest rates. among the blue chips, boeing leading the charge. fell nearly 5% on friday after reports of that 787 fire in london. today, though, it's your top performer in the dow. up today, up some 40% so far this year. maria, back to you. >> all right, josh, thank you so much. >>> we want to get the latest on boeing's dreamliner fire in london. phil has the story. >> reporter: maria, we're probably still a couple of days before the u.k. investigators pinpoint a cause for the fire that happened on friday. but we do know today from talking with a number of sources that increasingly investigators are focused on the role of the plane's emergency locator transmitter. that's one of a number of components located near the rear of the airplane. now, in the 787, the elt is manufactured by honeywell. we should stress here they're not saying the elt is the cause of the fire. they are simply looking into what role the fire -- or the elt had with the

we've been around wendy's-tim horton's. they always stock about the big block of synergies. you know what good managements do, they eliminate the dissynergies, 100%. but our numbers don't eliminate the disinner i goes. our numbers are $144 a share by just separating the beverage business and the snack business, says there's $400 million of this dissynergies that remain. it doesn't go to zero. and you still get $144 a stock, andrew. and if left to their own devices, the way the company is structured today, pepsi by 2015 will probably be $105 stock. >> you alluded to pepsi and indra as being good managers. how do you drudge irene rosenfeld at mondelez, given the poor margins perhaps at the bottom of her peer set? >> okay. i'll tell you, there are -- there are managers who are very good strategically, there are managers that are very good operationally. irene gets very high marks for strategy. she did what a lot of companies wouldn't do. she ran a dow company, a dow 30 stock. she bought cadbury. and she split the company into its natural fault line. created great value. the kra

names like lennar and told brothers, 5%, 6%, horton is up 7%.e heard from ben bernanke, the head of the fed, they are going to remain highly accommodative at least for the foreseeable future. in the meantime the ten year treasury dropped off the yield and ultimately that in turn could affect mortgage rates to a certain extent and people were concerned about mortgage rates on the rise, maybe they will drop a little bit and that could help. is intertwined in some way, shape or form and these are leading the way. lenore is the number 2 best performer of the s&p 500. cheryl: god forbid we pay 4% 430 year alone. nicole: our parents paid 18% or something. cheryl: something like 16%. thank you very much, see you in a little bit. there is no stopping charles payne. this hour he is bringing the texas industry. i asked about the market. nice to see. cheryl: it is nice to see. charles: i want people to focus on these names, get away from the noise, earnings season is early but i like what we have seen so far. the narratives that are developing. helen of tr

. >> no, but when you go through the horton conference call -- >> the exit is probably public exit ander entity as opposed to selling pieceme piecemeal. >> true. i like housing as a theme. there's multiple bids going on, in the end a big downtick. a big dos down tick. people didn't lock in people paused. when getting a mortgage higher you really say, whoa, i may cancel. cancellation spike for the home builders. they were there also confident when they come on tv, confidence to me misplaced. >> what does that say, then? what, because where are we on a 30-year mortgage. >> affordability? they love the affordability thing. >> people can't afford, that's it we're not going to have a housing market. >> people say wait a second. here's my monthly pay schedule. i've got to rethink. i've got to rethink what my monthly -- i'm not saying they stay away. the fourth quarter could be good again. housing's a seasonal business. one of the things that took my breath away, horton saying don't worry, the buyers come back around super bowl time. and i'm thinking, we're still -- we just started training c