. >> josh brown, how closely do we need to keep an eye on the names? gilead is down. biogen down 12%. casino stocks, wynn and las vegas sands down double digits. >> it's really important to keep an eye on these names, even if you're not heavily invested in them. they really give you a great sense of what the risk appetite is for the broader market. it's very tough to make the case that you're doing to have new highs in the s&p without this cohort participating. the gauge that i think traders should have on their screen that encokocompasses the whole story. it's the momentum factor etf by msci. it's comprised by all the stocks that have gone up the most. the stocks that have momentum. as you can see, it ripped through that 50-day moving average yesterday as though it weren't even there. today you had a little bit of a bounce on the open. faded within seconds. and i think that this is really important because the guys that own these stocks watch things like 50-day moving average. it's all well and good of have a one, three, and five-year valuation idea on things like fa

where's josh brown? josh brown is in second place. been hanging on to this top spot for many weeks now. >> great call with palo alto networks. >> he has apple, too, the wild card in all this going forward. that does it for us. have a great rest of the day. "power lunch" begins right now. "halftime" is over. "power lunch" and the second half of the trading day start right now. >> thanks, scott, very much. this hour starts with two big stories and two big questions. should you invest in this new puerto rican bond, it is triple tax free. it could yield 8% but is there just too much risk involved? >>> and a new painkiller that is causing a lot of controversy has just hit the market. it's hydrocodone bitsetrat. if you can say it, you are probably not taking it. it is ten times as rf

tim seymour, brian kelly, josh brown and pete najarian. so, it's like it never happened. josh brown. what happened to this? >> ukraine is a huge trading partner with the united states. so -- it was a really great excuse to inject a little bit of fear into the market. and for people to be cognizant about how much risk they were taking. but in the end of the day, no one can predict geo politics. and people went bananas. let's focus on the u.s. market. what's really the story here is how broad this rally truly was. 490 of the s&p 500 stocks were up. every, single one of the dow 30, up. the market was actually led by financials, up more than 2%. when was the last time we saw something like that? russell up 2.2%. huge for small caps. that's been the lagger that everyone's looking to. and advanced decline. always talk about on this show. how many stocks are going up, versus how many are going down. today was an 88% up day and a new record high for advanced decline. it's very hard to find something that you don't like. >> this is what i want to know. has the situation fundamenta

josh brown? >> skip the russian tech stocks. into this crisis a lot of people had to loed the sickicallically adjusted pe ratio. looking at russia like a bargain. it was four times the context was 26 times. we find that after the fact things are cheap for a reason. i would not be buying into the names. if you really want to -- if you're feeling froggy and you want to hop abroad look at the chinese internet stocks instead of russian internet stocks. 719 million users of the chinese internet and plenty of names to choose from that are a little bit more reliable. >> including one in your playbook playoff selection, right? >> correct. we're long kay webb. not picking individual names but i would point out the earnings for almost all of the largest holdings of kay webb have been stell stellar. i think you can hunt for individual names. the safer way is to broadly own the space and look at it on the screen as you just put it up, all-time high. >> up 20% this year. looking good in the playbook. >>> coming up, gridiron to the hot seat.

but diversify globally. >> it's josh brown. good point.ith you on the dow jones reit index the yield is 3.6% which the bear case on that would be, hey, i'm not really getting paid for the amount of interest rate risk i might be taking. that's not such a great yield here. where are you finding values elsewhere in the world and how are you play that? >> i would just say with regards to the yield, you have to think about reits like you would equities, total return. looking back of a long period reits have earned returns similars to stocks with half the return coming to appreciation, not just yield in you want to look at the total return. i would say that the yields on average and reits outside of the u.s. might be a bit higher than those that are in the u.s. the key thing is reits as a total return of investment, also for investors ideally if you own these things inside requiremeti accounts that would be referred. >> it's been pointed out on the desk here that the eem is up 4%, or emerging markets are up 4% just since monday. i know there's a

. >> josh brown, how concerned should we be? yesterday was a pretty telling day giving that move down in rates, given the fear rising. china on the front page. ukraine still very much there as well. >> so china and ukraine have been an issue but what we really have to think about is in the context, we're still less than 2% away from the all-time record highs at the market has ever traded at. unfortunately, we're flat on the year. what that does to psychology, profession alimony managers, is it lessons their desire to jump in and buy these debts so quickly. they're not behind the 8 ball. it's relatively early in the year. nobody knows what's going to happen over a weekend. you get a lackadaisical reaction today rather than the sharp bounceback we've seen to those 9080, 90% days like yesterday. i just don't see anyone jumping in front of the markets today. i don't know if that extends past the weekend if there are no additional geopolitical issues. >> maybe, michelle, that's because as we wait on the secretary of state to speak re

josh brown made it clear where he stood, that came on friday. let's take a listen. >> no, critics salvaged it almost universally. doesn't matter, i'm not going to see it. i'd rather debate you for two hours. >> well, he didn't see it, but apparently a lot of other people did. >> a lot of people. >> it topped the weekend box office, $56 million in north american ticket sales. >> first of all you shouldn't show my side profile. >> come on. >> i really hate myself right now. the second best ever for the month of march, congratulations. here's the problem, the average dropoff is a 60% loss of new viewership for the second weekend. the market is selling this news. the stock was down 8% after that debate last week. and you would expect to see a bigger bounce today. you didn't. i think this name is cold for now. i would not be a buyer. >> pete, you want to comment? >> i completely disagree. >> facts are good. >> market agrees with me. >> well, i don't know, the stock's up right now, right? or, no, where is the stock trading now? >> it's up a quarter. i

josh brown, health care or energy? better play right now? >> i think this actually really easy discussion. if you're a trend follower or a short-term investor or trader you're in health care. stock -- i said yesterday the whole sector looks like google. it's just incredible. you've got a lot of tail wind at your back fundamentally. however, if you're an investor and you have a long-term perspective it's clearly energy. this is the cheapest sector on a si sick cli adjusted. it's double. not even close. i think you have to figure out your orientation and choose accordingly as a result of that. >> i think when you look at the set-up right now i want to take money out of health care and move it into energy for the reason being forest labs up 65% year to date. it's going to be tough to duplicate those type of returns. i think you've lad a huge move in the health care sector. take some of that money off the table. look at energy. i think energy is a great story for the rest of this year. i want to allocate money to energy right now. >> it's not th

josh brown. >> it's a very nice day for micron. stock fell off and then found support at the 100-day right where you would have expected it. hasn't touched that line since december 2012. you got positive comments from stifle nicholas today basically saying they should beat the current quarter we're in and that prices should be supportive of expanding margins, not contracting. >> last time an analyst learned the hard way what happens when you bet against this name. >> that's right. >> remember it was rbc with a downgrade, came out with better than expected earnings. analysts capitulated next day. there's still a fight in the market where this name is going. >> the hedge funds kind of control this from the long side. and even an inkling of better news from what the fed expects higher. >> good reports at last week's truck show. >> there's a lot of love today for the trucks. deutsche bank, wells fargo, bunch of companies raising numbers and reiterating positive commentary. i own eaton in my playbook playoffs. i'm going to stick with it

. >> josh brown, last word in this discussion. button it all up. >> in your note at the end of february what i thought was f fascinating, it's not just the s&p. you looked at basically the msci all country world index and you looked at that versus the advance/decline globally and you saw strength coming from almost everywhere with a large number of issues participating. could you just speak to that briefly? >> sure. i like looking at that. one reason why there's a lot more investors out there starting to use the aqki as their benchmark. second reason, it is a very broad based -- >> it's the all country world index, right? >> correct. all country world index. >> i want people to know what i'm talking about. never heard acwi on this show before. >> acwi, i use the one that includes emerging markets by the way. even includes emerging markets, the advance/decline line for the acwi did break out and confirm that last rally. if you just looked at develop, chances is the ad line would be stronger. emerging market index, for instance, thi

second place is josh brown, mike murphy then dr. j.d then there's stephanie. you can track the moves our traders make by going to cnbc.com/2014-playbook. next up on the half few sectors are as hot as materials when it comes to grabbing the attention of activist investors and vocal shareholders but one subsector is grabbing more than its fair of shareholders. and wilbur ross is suspending its diamond s shipping ipo and where he sees opportunity today. where is he putting his money network. much more straight ahead. we know we're not the center of your life but we'll do our best to help you connect to what is. life with crohn's disease or ulcerative colitis is a daily game of "what if's". what if my abdominal pain and cramps end our night before it even starts? what if i eat the wrong thing? what if? what if i suddenly have to go? what if? but what if the most important question is the one you're not asking? what if the underlying cause of your symptoms is damaging inflammation? for help getting the answers you need talk to your doctor a

it was a segment that was untapped. >> josh brown? >> you're not going to believe this. for the first time ever my name has been changed by a debate. i came in today's show bearish on lieu lou and have been for a while now. but pete has convinced me the next ten points are more likely to be up than down. obviously looking at the technicals, pete's case has made even more strong. i would not be a seller of lulu. i think pete's right here. >> wow. all right. murph? >> maybe he's going to put it in his playbook. >> i think lulu. i think there's been a lot made about the competition that's coming after them but i think the brand loyalty is underestimated and a gap to 58. i think it goes there quickly. >> lieu lu ulu is moving as we . interesting day. intraday chart. there it is. check out that schart. interesting week. >> that's going higher. >> yeah, well, a lot of confidence there. >> tell us who you think won that debate. use #bull or #bear. we'll give you the results at the end of the show. >>> from drones to whatsapp is facebook ceo mark zuckerberg getting overstretched

josh brown. what happened to this? >> ukraine is a huge trading partner withhe

. >> josh brown, pete making the case that the stock is broken.going lower. >> i disagree with him. i'm with karen. i thought it was a little overpriced. and it had run a little too fast in too short of a time frame. everybody into the dividend. all of the excitement around the new ceo. with the 10% down from those levels, it's a great opportunity. we're at a six-month low area. i'm not saying this is the bottom. it's a great entry point to start a position. >> the problem is, this is an open-ended bad headline. we don't have any type of closure. usually when you get closure, the buy is already in there. it does look technically like it's going to check the $30 level for -- >> why not go letter "f"? >> ford is flat, down 1% of the year. toyota down 10%. gm is down 16% on the year. tesla, is that a car company? that's up 58% on the year. if you want ford, they've chosen that. >> fears over china's financial sector have investors shaking today. is it all downhill from here? jpmorgan chase's vice chairman of asia-pacific, jing ulrich, in a cnbc exclu

josh brown? >> obviously fair markets are better for capitol formation. i think retail people should not be trying to outpace a machine that's located ten seconds away from where the trade takes place anyway. the way to beat is to be a low frequency trader and to some extent we can have a situation where there is still some natural advantages for big firms but they're not unfair advantages. this has been going on throughout history. 200 years ago nathan rotdschide had a network of hunters and made a fortune as a result of it. i don't think we can ever do away with some firms knowing more than others. i agree with the a.g., we don't need a situation where information is released at different speeds. >> part of the issue, steph, is there are a large number of folks out there of retail investors and otherwise, frankly, who believe that this there is an unfair advantage, that, you know, maybe the markets aren't rigged as some people say, but that's the belief that's out there. and then you hear about firms that have had one down trading day out of 1200 and wo

our traders tonight are tim seymour, josh brown, tim nathan and guy adami. marking janet yellen's news conference as fed chair, her words sent shock waves when she suggested interest rate hikes would happen about six months after qe ends. >> the language we use in the statement is considerable, period. so, i -- you know, this is the kind of term, it's hard to define. but you know, probably means something on the order of around six months or that type of thing. >> the dow taking over 200 points of its session low, ending the day down just over 114 points. and look at how we ended the day in the bond market. gold, financial, and the utilities. it's the intraday movements that were the most interesting in the markets. tim, what did you think of this move? >> for a fed that's being more qualitative. and i think as much as the bond market moves and the bond market leads, the bond market will get ahead of the fed. i wouldn't be that concerned about the move in the fed fund futures. the fed is going to tell us less. for a lot of people, it reinforces the fact that

josh brown. >> yeah, we've looked at the energy space from two different prongs approached.ne, we want to own domestic producers. we want the whole basket because they're all similarly positioned. and we don't want to miss the move that happens. that's ieo is an etf that owns about 35 of them, mostly midcaps. not exxon or chevron. the other way we're playing high energy prices is solar which we think offers much more opportunity. although i do recognize there are opportunities and things like sandridge if you catch them at the right time. but we're looking for bigger, broader secular trends. >> jim, is the charitable trust in chevron? >> yes. really just kind of out of respect to a company that its stock has come really far down, very pro-shareholder, big analyst meeting coming up, i think they might be able to tell a better story than people realize. >> jim weiss? >> wabt the natural gas play, not so much nat gas producer but ones that comment from natural gas engines. what are you hearing in terms of greater usage turning oil and fuel-powered cars to gas and electric? >> w

. >> where were you when i needed you when josh brown was beetd g i beating up on me last week. >> the stock hasn't done much. >> but it's a value name that's going to surprise people. everybody thinks that amazon is going to crush them. management made the turn here and they're getting better than expected sales in those stores. they are rationalizing cutting costs. >> we think that amazon fear story has been played out at this point? >> i do. i think that's what happens to stocks like this. over blown on the sell side. i'm not talk ak the gray fundamentals of this business. i'm just talking about what could be a mean reversion back up as it relates to this. >> the management, quite frankly, the store within the store idea is genius and fact they've got themselves into a position to compete on the online side with the amazons of the world, a lot like walmart has done where they can attack them at their own game. it's working right now for best buy. >> and to pete's point. they have very good inventory in the stores. >> solar? people playing solar, doc. >> and hydro carbons were the bi

. >> john, it's josh brown.u have bali technologies on your list which i thought looked the most interesting. this is a stock that had a massive rally. but over the last nine months it's down 20%. that strikes me as odd given the fact that almost all of the 50 states are now allowing gambling and casino proliferation is one of the biggest megatrends you could possibly invest in. why isn't this name doing bet r better? and is that the opportunity for investors now? >> i think because it had such a massive rally early last year, had some great brands out there, the michael jackson brand was doing very, very well and betty boop and grease, all fun names. but having slot machines around these iconic brands they were doing really well. and i think it got a bit ahead of itself. now you have a chance to get it as we think a reasonable price closer to 14 times nx year's earnings. and long-term as warren talked about these pension funds are really causing a lot of problem for major states and cities and counties througho

josh brown said like a gamestop that you strap to your face. us @squawkstreet. >>> a major shake-up at jpmorgan leave many people wondering what who is in the running of the next company's ceo. first, rick santelli, what are you watching today? >> well, we're going to continue to look a bit at the yield curve but we're going to see which parts of it has dipped in the negative territory for the year. might be surprised how few maturities and see if we can help the president come up with ideas on how we can supplement the need for energy in germany specifically, europe generically. where, oh where, can we find some energy for europe? all coming up after the break. p. with all the opinions about stocks out there, how do you know which ones to follow? the equity summary score consolidates the ratings of up to 10 independent research providers into a single score that's weighted based on how accurate they've been in the past. i'm howard spielberg of fidelity investments. the equity summary score is one more innovative reason serious investors are ch

our traders tonight are tim seymour, josh brown, tim nathan and guy adami.n's news conference as fed chair, her words sent shock waves when she suggested interest rate hikes would happen about six months after qe ends. >> the language we use in the statement is considerable, period. so, i -- you know, this is the kind of term, it's hard

josh gets it in. stanford by 4. things get intense. brown could make it a 3 point game but he missed. kansas has a chance to send it to overtime. gets the shot away. stanford has pulled off the upset. >> stanford wins 60-57 making their first trip to the tournament in 6 years. a memorable one. they are going to their 5th sweet 16. >> josh wanted that challenge. this was an opportunity for josh to really show what he's capable of and i think he did tonight. >> he's a really good player. so he's really versatile, too. it was just a matter of me standing my stance. fortunately we played our solid defense and whatever happened happened. we could have had 4 like today and josh did a phenomenal job going on the front line against him. >> did you take it personally that a couple of their freshmen didn't seem to know who you were yesterday? >> a little bit. we would definitely saw that video. he told me not to talk about it. but i definitely took it as a challenge. so did my teammates. it wasn't just a stab at me. it was a stab at our team. we took it as a challenge. it was a little bit extra

josh. how is prime minister netanyahu? >> evening, larry. governor jerry brownme minister benjamin netanyahu met today in mountainview, california, discussed cybersecurity, alternative energy and the drought here in california. netanyahu talked about the successes israel has had in becoming one of the most productive and profitable agricultural centers in the world. >> california doesn't need to have a water problem. by cooperating we can overcome this. we've proven it. it's not a possibility. it's a concrete result. >> israel is the world's leading innovator in turning dry lands intole forms, wick technique is desalination, where saltwater is treated and processed before turned into clean drinkal waters. the technologies is already building what would be the largest plant north of san diego when it's completed in 2016, that plant will produce 50 million gallons of water per day. why does california's drought matter to you, larry and frankly the rest of your viewers? remember california's central valley grows 99% of the nation's almonds. 49% of all lettuce farme

josh? >> reporter: tyler, here in mountainview, california, where governor jerry brown is going to be meeting israeli prime minister benjamin netanyahu, the two are going to talk about cybersecurity, alternative energy and the drought here in california. i'm going to havp that story coming up for you in just a few minutes. back to you. >> josh, thank you very much. that is coming up. plus -- >> coming up, "power pitch." courting a $50 billion industry. this startup is about to walk their idea down the aisle. will our panelists say "i do"? >> are you in or are you out? >> stay tuned to find out. ...return on investment wall isn't a street... isn't the only return i'm looking forward to... for some, every dollar is earned with sweat, sacrifice, courage. which is why usaa is honored to help our members with everything from investing for retirement to saving for college. our commitment to current and former military members and their families is without equal. a short word that's a tall order. up your game. up the ante. and if you stumble, you get back up. up isn't easy, and we ought to know. we'

josh. >> all right. matt. >> anxious to see how he is going to do on the stand. >>> former tv and real-life judge joe brown speakingbout his arrest for contempt of court in memphis, tennessee. he faces a five-day sentence unapologetic saying he was just coming to the aid of a woman in distress. abc's steve osunsami, you see him there, he spoke with the judge exclusive ly. >> reporter: retired tennessee judge joe brown has never been bashful. >> you're foolish. stop talking. >> reporter: for more than 15 years he held court on syndicated television. on monday on the other side of the bench he brought that same brand of justice and got sent to jail. >> mr. brown, you are very close to finding yourself in contempt. >> excuse me, on what authority do you sit by the way? >> reporter: these are audiotapes of it. brown running for district attorney is working for free representing a woman who begged him to help her dismiss what she feels is a bogus lawsuit. >> what you would like to do, mr. brown, is argue -- >> i would like to just have it dismissed flat out. >> reporter: behind the bench is magistrate harold horn who un

brown this afternoon. he's the latest leader to court tech companies in california. joshdig tear to arrive here is benjamin netanyahu, israel's prime minister. he's here to meet with governor jerry brown to sign a historic agreement that will boost economic culture and academic cooperation between california and israel with an emphasis on cyber security alternative energy, and water conservation. netanyahu is also scheduled to meet with whatsapp founder who recently just sold his company to facebook as well as executives from linkedin and ebay. netanyahu just the latest world leader to court silicon valley tech companies. french president made the swing here through february as have leaders from ireland, turkey russia the netherlands and more. why are they all making a trip to silicon valley? william miller of stanford says world leaders come because they want a first-hand look at the innovation, the entrepreneurship that the valley is so famous for. in some cases they're also looking for ideas to get their economies moving and create more jobs at home. it's also good for

brown and talking so much about that and beauty tips too. all your questions answered. george. >> a whole lot coming up. great to have rachel smith in for lara and amy in for joshan airlines flight 370. search officials asking the pentagon for more u.s. resources including listening devices that can detect the noises sent out by the plane's black boxes, five jets flew missions overnight. none of that possible debris has been found so far, but more ships are arriving in the area including one from norway but so far none of the vessels have reported seeing anything. >>> first lady michelle obama has begun her visit with the chinese first lady and played a little ping-pong this morning in beijing and started a week-long trip to china. nice moves there, mrs. obama. she and her daughters visited the forbidden city and will see the great wall. >>> seattle police out with previously unseen photos taken the day rock singer kurt cobain's body was found. they show drug paraphernalia in a cigar box and personal items including his wallet and sunglasses. they were on an undeveloped roll of film found in a police vault and then released. >>> also in seattle, an emotional th