it's an assembly line of fraud yes but i know you're talking to josh brown of who wrote backstage wall street and he talks about the bucket shops of the one nine hundred eighty s. and ninety's who got put out of business once they were caught defrauding customers so why is it that just because these are municipalities and so-called sophisticated . investors and treasurers why do they continue to be able to defraud over and over and over and over again because it's institutionalized for others to institutionalize market or as a d.h. player or a bucket shop on the last raise a retail oriented shop and if so mr short somewhere in the morning calls up her local s.c.c. representative and complains about the broker on wall street of fraud or of her five thousand dollars peanut butter money ok then that broker is going down but with her entire minutes of prouty has no sewage and people are floating in their own excrement because jamie diamond thought he needed another yacht payment then that's on the institutional desk and everything's ok there just simply cameron more money so let's also loo

with us is fusion josh brown author of "backstage wall street." and brian marshal with a buy rating and our very own tech reporter, jon fortt. to all of you thank you so much for joining on the apple discussion. jon, first to you, are we getting too much of a good thing considering the market's depend dependency on this company? if apple fails, will we all go with it? >> that's a good point from a market perspective because what we look at and we look at the different indices apple is a part of, it's making up a greater and greater share of both performance and cap weighting. we really hope apple doesn't stumble because of the outsized impact it can have on the overall markets and other components. remember, we're all just one big etf these days. >> yeah. brian, you have a buy rating on this stock. feels to me as though you feel it won't stumble any time soon. >> that's right, mandy. we published a report today that analyzed this. we call it the theoretical threshold of penetration. apple's two products iphone and ipad, specifically the iphone, we

. >> josh brown, the market may be concerned about what's happening in china. the market may be concerned about what's happening over in europe. but the market may get a good reason to be, maybe not as concerned about all that's going on on friday. because you're going to get the jobs report. does the jobs report give the market a chance to take another leg up, despite the other noise that i mentioned? >> yeah, i mean, i think the way to look at jobs report is very simple. that is truly the engine that's moving u.s. stocks, we get these little blips with europe and china here and there. but so long as that data continues to ameliorate, specifically if you look at it over a three-month rolling average, you see good ism, you see good manufacturing. that's what's going to be the difference between stocks being underaccumulation or stocks being underdistribution. i think it's important to watch all the other stuff. i think you're right, the jobs report will be key. if you get an upside surprise, you're not going to want to be in treasuries over equities. >> let's m

it's an assembly lot of straw yes but i know you're talking to josh brown of who wrote backstage wall street and he talks about the bucket shops of the nineteen eighty's and ninety's who got put out of business once they were caught defrauding customers so why is it that just because these are municipalities and so-called sophisticated. investors and treasurers why do they continue to be able to defraud over and over and over and over again but it's institutionalized as the institutionalized market or as a d.h. player or a pocket shop on wall street as a retail oriented shop and if mr short somewhere and the moyen calls up her local s.c.c. representative and complains about the broker on wall street of fraud or over five thousand dollars being a pot of money ok then the broker is going down but where entire municipality has no sewage and people are floating in their own excrement because jamie diamond thought he needed another yacht payment then that's on the institutional desk and everything's ok they're just send chamar and more money so let's also look at this quote from california

. >> josh brown with fusion analytics it on the fast line. josh, you're getting in the financials best group today. what are you doing? >> i know. so morally we hate the large banks and what they've done to the did you not, but i'm not a priest or rabbi. my job is to allocate capital. we pulled the trigger yesterday and this morning on jpmorgan. j jpm is the ticker of course. from a valuation standpoint, stock was down 20% last year, and it's up about 23% this he year. we think we bought it right at this sweet spot where brokerage resistance at 40. frankly, we think it has no trouble getting to 48. in the meantime, ten times earnings and we're paid 2 1/2% in yield. >> morgan stanley raised the estimates yet. you obviously liked it. >> yeah. they called an upgrade this morning. we don't pay attention to south side research. our proprietary tool looks at different factors. what's notable is it's 100 out of 100 o. a money flow basis it's 89 out of 100. >> what about the stress test next week? i have to assume jpmorgan is a favorite name mentioned

>> i heard josh brown make a great call on jp morgan. pete, has he once said when the financials take profit, absolutely not. do you think they had significant exposure in financials? absolutely not. there is more room. if you get a correction you want to own american express, goldman sachs, morgan stanley, j.p. morgan, blackstone. any correction, buy them. >> patty, are you being swayed? you're missing the party. >> i am. it's dais palestinian thing. if i was to play it would be u.s. bank, j.p. morgan. i'm going for quality. i have a couple small positions in the financials but they are dividend related. bank of montreal and blackrock kelso. >> why don't you like the big banks and financial institutions? >> it's revenue growth driving earnings growth. i'm not seeing it yet. until i see it i can't buy it. >> that's the word there. ak steel up 3% despite forecasting a weaker first quarter. our next guest lowered estimates based on the steelmaker guidance but said there is long-term value in the name. let's bring in richard garchitorena wh

there was another tweet that came in from our friends, josh brown, aka reformed broker, who said, cane greg smith's stapler? thanks so much, mary thompson. >> sure. >> herb? since you're here, why don't we do a double disaster du jour. >> we're just going to do one. a company came public as a chinese company, d.a.t.e. stock really been getting hit since its ipo. more specifically, off about 23% since announcing earnings just about a week ago. what i found interesting in the earnings release was where the company said we continue to see fragmentation in china's online dating market as new attempts to take advantage of all these market opportunities. that's not what you want to see, especially when you hope what is a growth company. and the company says they believe they'll be proven to be the winners over the long term. and a lot of chatter about acquisitions in china right now. and some people say this is a sitting duck to be acquired in the china acquisition world. >> what is it? i speak japanese, not chinese. >> today's dose of sun shine. up 13%, which is a new high today. the woman

. >> josh brown, get you involved as well. >> i guess i have two questions. peter do you think that a lot of what's going to happen with the apple tv had steve jobs fingerprints on it? i know a lot of investors are wondering is that going to be? and then can you give us an idea of how big that market could be for apple? how much potential is there? >> we absolutely think steve agonized over this, developed the user interface, really got it all sorted out before he passed. from our perspective, this product, and indeed products for the next three years, he's really put his stamp on. in terms of other drivers of this and what kind of earnings we can expect, just the itv alone, for every 5 million of itvs, it's a dollar of earnings. the total market is around 300 million tvs a year. the price point they're going to be targeting is probably 100 million units a year ultimately. we think they could have anywhere between 25% and 50% market share. plus the halo effect. if you're going to get an itv you're going to get an ipad. >> good to have you on the show as alway

plus, an investing lesson from josh brown that could give you an edge. the millions of men who have used androgel 1%, there's big news. presenting androgel 1.62%. both are used to treat men with low testosterone. androgel 1.62% is from the makers of the number one prescribed testosterone replacement therapy. it raises your testosterone levels, and... is concentrated, so you could use less gel. and with androgel 1.62%, you can save on your monthly prescription. [ male announcer ] dosing and application sites between these products differ. women and children should avoid contact with application sites. discontinue androgel and call your doctor if you see unexpected signs of early puberty in a child, or, signs in a woman which may include changes in body hair or a large increase in acne, possibly due to accidental exposure. men with breast cancer or who have or might have prostate cancer, and women who are, or may become pregnant or are breast feeding should not use androgel. serious side effects include worsening of an enlarged prostate, possible increased

stanford is in the tournament, the mit and josh owens. anthony brownny dawkins for the 25th time this year is a winner. stanford, 74-64. they move onto thursday's championship game. and their opponent will be minnesota, which outlasts washington 68-67. gophers are only 6 and 12 in conference play, that being the big-10. stanford, minnesota, finals on thursday. of and it's the first time two sisters have been all-americans in the same season. never happened before. the sisters, pretty darn good. all-americans. i'll say it again, first time ever two sisters, same season, all-americans. as a chef we are always committed to our suppliers... you know, those farmers, those foragers, those fishermen... for me, it's really about building this extraordinary community. american express is passionate about the same thing. they're one of those partners that i would really rely on whether it's finding new customers, or, a new location for my next restaurant. when we all come together, my restaurants, my partners, and the community amazing things happen. to me, that

i also spoke with josh brown, the author of backstage wall street. he says, you know what?n it to make money. that's why they're here. these things happen. >> there are going to be people that make caustic remarks. you go into the kitchen of a restaurant and the customer sends the food back, the chef may call a customer a muppet. i think this is just like any other business. the difference with wall street is that it kind of is running the show politically for so long and so people grab on to these types of things as an opportunity to vent. >> and others are coming out cheering smith, give him a high five for highlighting how little the wall street culture has changed for the better after three years on the financial crisis. >> goldman isn't so happy about that op-ed. its stocks plummeted yesterday. so what's been their response? >> by the way, its stock is up about 1.3% as we speak. but that's the market for you. what's goldman's response? you know goldman. it has a reputation to defend and they're defending it, the ceo coming out and saying goldman was voted as one of the

anthony brown, nice movement. josh owens with the block at one end.he floor, bright made nine straight at one point, scoring all 17 of his points in the second half, stanford wins, we'll next meet the winner of mississippi game. usf and post season play as washington visited the hill top in the first round of the cbi, closed for a half. abe lud wig, out scoring the dons. and when usf finishes 20 and 14, the sharks need a win as they played tonight in calgary, san jose, trailing 2-1, third period, power play. couture gets one past, they head to overtime. tied at two. in overtime, the flames took advantage of the two on one break. watch this one, como breaks free, pushes one past antti niemi. and calgary and los angeles, they get the eighth and final playoff spot. and ramirez, hitless in the first eight at bats, until he stepped to the plate there, that one carries over the big centerfield barrier, ramirez will have to sit out his 50 game suspension, giants fell to cubs, 5-4, bumgarner taking the lossment and finally, lots of 49ers news today, big one,

anthony brown, nice movement. josh owens with the block at one end.bright made nine straight at one point, scoring all 17 of his points in the second half, stanford wins, we'll next meet the winner of mississippi game. usf and post season play as washington visited the hill top in the first round of the cbi, closed for a half. abe lud wig, out scoring the dons. and when usf finishes 20 and 14, the sharks need a win as they played tonight in calgary, san jose, trailing 2-1, third period, power play. couture gets one past, they head to overtime. tied at two. in overtime, the flames took advantage of the two on one break. watch this one, como breaks free, pushes one past antti niemi. and calgary and los angeles, they get the eighth and final playoff spot. and ramirez, hitless in the first eight at bats, until he stepped to the plate there, that one carries over the big centerfield barrier, ramirez will have to sit out his 50 game suspension, giants fell to cubs, 5-4, bumgarner taking the lossment and finally, lots of 49ers news today, big one, cornerback

brown is up ten against josh mandel, 40-36. in nebraska not looking good for kerrey in the race against john bruning. it looks like a good pickup opportunity for the republicans. we'll be right back. [ female announcer ] here in california, our schools need help. the largest class size in the nation. 47th out of 50 in per-student funding. but right now, we can make history with a ballot measure to send every k-through-12 dollar straight to our schools. to every school and every child. not to sacramento. it's the only initiative that can say all that. check out our online calculator and find out how your school would benefit. visit ourchildrenourfuture2012.com today. >>> welcome back to "hardball" and a lighter topic. we've got our hardball strategists here tonight to tackle two issues for the republicans running for president right now. romney has an image problem, don't you think? this week it came out that his california home that he's building will have an elevator in it, which is pr i i i i i i i begin with, but this elevat

brown is up ten against josh mandel, 40-36. in nebraska not looking good for kerrey in the race against john bruning. it looks like a good pickup opportunity for the republicans. we'll be right back. >>> welcome back to "hardball" and a lighter topic. we've got our hardball strategists here tonight to tackle two issues for the republicans running for president right now. romney has an image problem, don't you think? this week it came out that his california home that he's building will have an elevator in it, which is pretty ritzy to begin with, but this elevator is for cars. he even has his own lobbyist out to expand massively the footprint of his house. plus romney is making jokes about how his dad -- ha, ha, ha, ha, ha -- closed down a factory in michigan. isn't that a hoot? topic number 2 in his section, it may be the last session where he can prove he's over it. one of them is going to zoos, one is goes to bowling alleys. to start off with, we go to mcmann for the easy opportunity, easy picking. this guy has designed a hou

brown is up ten against josh mandel, 40-36. in nebraska not looking good for kerrey in the race against john bruning. it looks like a good pickup opportunity for the republicans. we'll be right back. [ male announcer ] you are a business pro. monarch of marketing analysis. with the ability to improve roi through seo all by cob. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. i'm going b-i-g. [ male announcer ] good choice business pro. good choice. go national. go like a pro. >>> welcome back to "hardball" and a lighter topic. we've got our hardball strategists here tonight to tackle two issues for the republicans running for president right now. romney has an image problem, don't you think? this week it came out that his california home that he's building will have an elevator in it, which is pretty ritzy to begin with, but this elevator is for cars. he even has his own lobbyist out to expand massively

brown is up ten against josh mandel, 40-36. in nebraska not looking good for kerrey in the race against john bruning. it looks like a good pickup opportunity for the republicans. we'll be right back. [ male announcer ] you are a business pro. monarch of marketing analysis. with the ability to improve roi through seo all by cob. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. i'm going b-i-g. [ male announcer ] good choice business pro. good choice. go national. go like a pro. but don't just listen to me. listen to these happy progressive customers. i plugged in snapshot, and 30 days later, i was saving big on car insurance. i was worried it would be hard to install. but it's really easy. the better i drive, the more i save. i wish our company had something this cool. yeah. you're not... filming this, are you? aw! camera shy. snapshot from progressive. plug into the savings you deserve with snapshot from

josh mandel for sharon brown. [applause] i tried to think about it. i have to tell you.x fan. unfortunately, i have to say this. this trade is on par with the red sox trading dave ruth to the new york yankees, unfortunately. that is how good this trade could be for the united states senate and our country. if we have speaker john boehner leading our country and we take a majority in the united states senate, we have leader mitch mcconnell in the senate and we have the two of them working together for a common, conservative agenda for this country. it will be great. there is no question. we need to do it. it will not be enough to save our country. to save our country, we need to take back the presidency. [applause] otherwise, if we have four more years of barack obama, he will be there vetoing every common- sense conservative piece of legislation that we put forward to put our fiscal house in order to save our country. he will continue to fill the executive branch with appointments that treat the private sector as the enemy. just think about what will happen if he gets mo

in ohio, josh mandel is four points ahead of sharon brown the democratic senator. from florida, connie mack is 6 points ahead of nelson the democratic senator. if the election were held today the republicans with probably pick up eight seats, lose one or two and end up with a net of six which is incredible. >> greta: missouri, senator mccaskill that is a.b. interesting race. embraced healthcare and no sooner embraced and sort of one of the saw it wards of it suddenly they passed something i forget what it was in august 2010 where 93% of the people in missouri were opposed to healthcare. she is really on the rail. certainly looks like if she is losing ten points now missouri doesn't look like it will be a stronghold for president obama come november. >> and my whole point, greta is right now the head-to-head of the president against romney is a little bit obscured because romney is not the candidate and they are going through this civil war going on in the republican party. once that ends i think romney will move up smartly. to understand what is really happening in

josh houston. sophomore earned most outstanding player honors in the nit. minnesota missed 16 of 19 shots in the first half. andrew zimmerman, mayne goes the distance, stanford up 8. 13-point lead. anthony brown, floater, no good. he gets his own rebound. he paid attention in practice. they outscored minnesota in the second stanza. the cardinal win the nit championship, 75-51. >>> and make a note -- later this evening it's the mavs and magic. then it's the blazers and the clippers. that one gets under way at 10:30. >>> all right, google is taking its navigation software to a whole new level. with a car that drives itself. it uses radar, lasers and cameras to navigate around a preprogrammed location. they're so confident in fact with the technology, the company invited a blind man to try it out and posted the video on youtube. >>> coming up next -- the arrest video trending online this morning. and on top of that the call of the wild in the front yard. that i could smoke old e for the first week... i'm like...yeah, ok... little did i know that one week later i wasn't smoking. [ male announcer ] along with support, chantix is proven to help people quit smoking. it reduces the urge to smoke. som

josh owens is showing up and sewing up angry. owens is inside. it is 15 points and 12 boards for owens. he strokes a three and umass is up one. anthony brown in the second half. stanford is a winner. and they will meet minnesota in the nit final. the giants-dodgers rivalry just took a new and expensive twist. magic johnson's group won the bidding for the dodgers at auction for a staggering $2 billion. one of magic's partners is the warriors' co-owner. i think he has money. giants and angels in the cactus league action. good to see timlin tim lincecum reunite with buster posey. timmy wants to start the regular season already. he gave up five in two innings and struck out a couple in the 6th. this is what giant fans want to see. an r.b.i single to tie it. but

josh owens is showing up and sewing up angry. owens is inside. it is 15 points and 12 boards for owens. he strokes a three and umass is up one. anthony brown with 13 of his 18 in the second half. stanford is a winner. and they will meet minnesota in the nit final. the giants-dodgers rivalry just took a new and expensive twist. magic johnson's group won the bidding for the dodgers at auction for a staggering $2 billion. one of magic's partners is the warriors' co-owner. i think he has money. giants and angels in the cactus league action. good to see timlin tim lincecum reunite with buster posey. timmy wants to start the regular season already. he gave up five in two innings and struck out a couple in the 6th. this is what giant fans want to see. an r.b.i single to tie it. but he triples off lopez and scoring everybody. the angels win it 5-3. tape delayed at 6:00 a.m. and the viewing party at dan ashley's house. players visited the tsunami ravaged city. tons of destroyed cars are still there. major league baseball donated $ $5,000 in disaster relief. will bill parcels come out of retirement to coach the saints? it is being discussed. sean pa

josh owens thrown down hard. in traffic. the get some. 1 point lead. riley for 3. up 50-49. cardinal answer brown brown can do for you. knock down a corner jump. 74-skovrment meet minnesota in the fichbilitys the giants dodgers rivalry just took a new and expensive twist. magic johnson group won the bidding tonight for the dodgers in auction for a staggering 2 billion dollars. and one of magic partner is warrior co-owner peter guber. i think he has money. >> yes. >> giants angels today. tim on the mound. fourth inning. buster. see the throw here. it's short but great grab and taking by brandon crawford to get him. to the fifth. hang breaking ball to wilson. in comes peter. sf 5 innings. he's a little bored with spring training. wanted to get started already. not really that sharp. huff ties the game with a single on the sixth. in the 9th. the triple down the right field line off lopez. clearing the bases and the angels go on to win 5-3. a's and mariner begin the season in tokyo. that's a 3:00 a.m. first pitch here. tape delay at 6:00 a.m. on mlb network. viewing party at dan's house. everybody co

brown is facing a reelection battle. in virginia, there is the fight and then claire mccaskill. guest: judge mandel -- josh mandel is also funning. he is -- running. he is a fiscal conservative. brown is to the left of almost all the democrats in the senate. this provides a stark contrast between -- on policy. thus, ohio is a -- plus, ohio is an important state. the turnout will be high. with obama and the gop nominee at the top of the ballot, this will be very serious race. in virginia, you have got george allen, who is the likely gop nominee, who is going to go against tim kaine, the former dnc chairman. the two candidates with a very extensive records where the voters will have an opportunity to see two very different candidates. in missouri, things are a little bit unsettled there because the gop primary is unsettled. you have former state treasurer sarah steelman and todd aiken. once this get settled, the eventual nominee will be very competitive against clerc mccaskill -- claire mccaskill who portrays herself to be a moderate democrat. missouri may not like those. host: if you look at olympia snowe s

brown then given a delicious design? a toaster strudel. pillsbury toaster strudel. so delicious...so fun. ♪ >>> we are back on this fun day monday with our special guest host, country star joshht. having performed in more than a dozen broadway shows, it is only fitting that tonight she guest stars in the nbc drama "splash." bernadette plays the mother of ivy who was set to star in the new marilyn monroe musical and when the cast meets mama, she turns out to be a "smash." take a look. ♪ ♪ ♪ >> wow! wow. well, hello, missy. >> hello, hello. >> how about you outshining your daughter on tv in that little scene. >> well, that was the whole point of the whole thing. >> tell us about your character. >> well, i play megan's mother. megan plays ivy who is starring in the workshop of marilyn, playing marilyn monroe. i said i insistvy to come to rehearsal. >> yes, of course you do. >> i am a broadway performer of some note so when i come into the room, everybody looks at me and everything stops. and they asked me to sing. the kids. "sing something!" and they said "sing everything is coming up roses." that song is the ultimate stage mother and here's poor ivy living under my shadow. her