intel, hp cisco, and ibm. > >what about old guard names such as ge or ibm what are you doing with those stocks? > >i generally don't trade those names that much because they don't move. and as an options trader i like volatility and i seek out volatility because it presents opportunity for me. all the names i previously mentioned are good plays in my opinion but they do represent more risk because they do trade like momentum stocks than blue chip value plays. > >thank you james. that's our show for today! as always feel free to follow us on facebook and twitter. or send us an email. we look forward to hearing from you. from all of us at first business...thank you for watching! >> announcer: the following is a paid presentation for hip hop abs brought to you by beachbody. pay close attention! don't miss your chance to save 75% off hip hop abs. if you're looking to shed the fat... >> in the first week, i lost 12 pounds. >> announcer: a way to flatten and sculpt your core... >> you're hitting every part of your abs. >> announcer: and finally get those tight, sexy, toned abs of your dreams.

cisco gave up 1.8%. hewlett-packard shares up 2% because hp was given a buy rating saying the company is doing a good jobclosed at 4054. and this over concerns of evaluations. trading in asia, markets sinking 3% in japan. >> there is a change in the president's cabinet tonight. health and human services secretary kathleen sebelius is resigning coming under criticism after the affordable health care act. officials say she would be best served by someone that wasn't such a lightning rod. >> supporters of san francisco china town crime figure portrayed him as a reformed man today free shrimp boy tee shirts were handed out during a news conference a small crowd of supporters crowd that had event to tell reporters chow is a changed man. a community activist that tep heps troubled >> he has been a target for a decade. nothing ever risen to a level of criminal activity. >> tomorrow, they will be in court, the first appearance before the judge, assigned to preside in this case >> public works crews working to repair a sink hole. take a look at this thing. it's five feet wide, four feet deep. crews are filling th

later on this season, as does whole foods, nike, a favorite of yours, sarah, of course, disney, cisco, pfizer, hp names that have yet to report and will not do so until after this coming week. so tyler, some very, very big names to pay attention to but certainly ones for next week, 120 companies in the s&p 500. back to you. >> right in the thick of it with about 13 minutes to go before the closing bell. dow, the nasdaq, and the s&p all comfortable at their levels right now. but they are lower. sarah? >> plus, fancy stores on beverly hills rodeo drive could catch a cold if chinese consumers sneeze. jane wells with an interesting story in the next hour of the show. don't touch that remote. ♪ [ male announcer ] when fixed income experts... ♪ ...work with equity experts... ♪ ...who work with regional experts... ♪ ...who work with portfolio management experts, that's when expertise happens. mfs. because there is no expertise without collaboration. >>> the dow is down about 118 points at this hour, nasdaq and s&p also lower. back with us to talk markets and more, katcathy joens from charl schwab. warre

i don't think hp is going to lead this market higher, i don't think cisco is going to lead it higher. what you want to do is take a new device, a galaxy f-5, rip it apart. find companies, find all the parts that are in there. that's what the next waive is. >> and can you give us some of those names? you know, they have lots of new chips, who are the makers of those parts? what particular companies are you talking about? >> i don't recommend stocks, but you can look at the names, and maxim, l lattice, and that's this one device. wait until the iphone 6 that comes out. many will rip it apart and you can find the parts in there. do the same thing with facebook o. salesforce or box. find out what kind of equipment they're buying, what kind of wifi is being put in place across the country. you'll find the next wave of winners. i don't think it will be yelp coming back and doubling again. rather than the companies that have worked or this old tech. >> herb, i guess the point you are making is take gilead, for example, one of the stocks that's been in the news as of late. it's getting a pop