. >> josh brown? >> hi david. i'm with you on all of your comments regarding solar and electricity and in a lot of the same trades but the bears would say and i'd lauf your thoughts on this the achilles heel for solar and all these new projects is that a lot of these companies are benefitting from ultracheap financing. so fur right, does that put a crimp in the massive expansion of solar energy projects? >> half of the new electricity installed in the united states this year is solar. solar is competitive at this point with other kinds of electricity options, you know, without subsidies. this is a technology that is improving. because it sort of benefits from semi-conductor style innovation where they are constantly improving the production. so the costs keep coming down making solar increasingly more competitive against other forms of electricity generation. yeah, it is true that to have new projects, the lower your cost of capital is the lower rieft return required, the more attractive the projects are. and sun

josh brown has offered to be your sherpa. some fast traders are getting vital company info ahead of the rest of us. the sec may be getting involved and we'll have a life report from eamon javers in d.c. next. (vo) you are a business pro. solver of the slice. teacher of the un-teachable. you lower handicaps... and raise hopes. 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. (pro) nice drive. (vo) well played, business pro. well played. go national. go like a pro. synchrony financial partners with over two hundred thousand businesses, from fashion retailers to healthcare providers, from jewelers to sporting good stores, to help their customers get what they want and need. banking. loyalty. analytics. synchrony financial. engage with us. snoop at the top of the hour on power lunch, counting down to the fed's latest decision. after six years policy makers are expected to announce the end of quantitative ea

>> josh brown your question? >> mike, why is that the case? it's a really interesting data point you bring out. is it all regulation or more competition. what makes it that these companies aren't keeping pace with the expanse elsewhere. >> it's a combination of the chick p or the eegg. if you have a risk off culture push birthday the regulaed by t. what is your alternative. streamline, cut cost, buy back stock. improve operating and capital efficiency. and citi is on that path better than any other bank. >> seems like this has been going on. >> we talked about this. i testified to congress in 2002 about the issues of citi group and the other new banks. so this is not new news but they are finally taking the steps. they are going in the right direction. it is not as fast as i'd like to see. they can't keep having $600 million write downs but the silver line if they can resolve the legal issues. they are hauntded by their past mistakes. and if they can clean up andic --. another point that's missed. citi group is unanalyzable. of course. somethi

and also long-term. >> hey it's josh brown. your category itself, you had incredible run and i know you've done a little better than the indices. this year it almost seems like you are in a penalty box as a category and maybe paying for having pulled forward. and maybe there is a sentiment component too. but aren't you worried broadly about spreads widening? the look at the high yield, typically not correlated with the small caps until recently. now they are almost in lock step. if finances gets tougher it kout could weight in. maybe even some defaults that. does that factor in with your thinking topdown or are you really just focussed on owning some of the best companies you can find. >> you identified a lot of key risks we need to think about as investors. the way we mitigate is not thinking about the top down but focussing on the bottom up through the stocks selection. the companies we are invested don't have the high risk to demand dying out. we find the best way to mitigate is to focus on individual stock selection, be act

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because it is rare when a market dominating company is this cheap. >> it's josh brown.ou have got some other pretty decent sized shareholders in this name and you plan to be in it forever hopefully. what happens if brett icahn has a different opinion of the future of netflix. would you ever entertain the idea of maybe trying to work with the board or other parties to see the outcome that you want? >> caller: i've talked to all these guys. not brett -- i talk to him about various other things. not about this. i'm always hope to have a conversation but reed hastings is one of the smartest guys in the room. his he is not a guy you have to sit down and say have you considered this or that? e he's considered all the choices. and there is going to be such uptake in what netflix is doing that i don't think people have to worry about trying to play games to try to juice the stock or do some financial engineering. i think he is going to do fine just on his own. and like i said are if for some reason the market doesn't appreciate that there is a lot of big players that would be c

josh brown and mike murphy. we begin with the search for opportunity. and the fact that stocks are coming off their best day of the year. a far cry from a week ago today. the s&p sliding. anxiety raising and investors wondering where their portfolios were going. certainly for at least one of the world's biggest and best investors david einhorn all that meant a chance to pounce. >> we've been kind of frustrated because we probably haven't been as long as other people and the market has mostly gone up. so we've been waiting for opportunities to buy things and things we like. and last week and the week before were the first time in quite some time we saw things we actually liked coming down in value to point we wanted to buy. >> josh he makes a point. david with us yesterday. and green light, opportunity knocks given what happened in the market. >> i think there is always opportunity. david does a ton of research on his names and knows them really well and has a good ens sense of their true value. so when you see a broad market selloff where essentially th

so not so fast josh brown. our trade erts are quick not always right. st josh may a call on freeport. let's listen. >> just this group t materials in general have acted much better than the overall market which leads me to believe there is institutional money coming if are these stocks finally and i think they are going to do well. fcx should be in the began guard. >> what do you do now? >> things change. that's two months ago -- >> it is what it is. tell me what you do it now. get it right, get it wrong. it is what it is. so what to eoto do now. >> 12 straight weeks of the u.s. dollar rallying. definitely hits the stock. doesn't matter. i think it's cheap. yield dloes 4%. i would not be afraid of it and i'd buy. >> it okay. now for a programming note. and a great cause at that. we have an all star lineup for you monday. broadcasting live from liberty national golf club. where harlem rbi celebrity golf class sick takings place. and black stone's david blitzer and new york yankee mark teixeira and rob manfred. coming up did you miss mike santelli's crack

that is a little bit worrisome. >> josh brown is very worried about that.ant everybody to keep an eye on that. s&p 500 solidly positive. really this rally began overseas early on a lot of central bank discussions. we are at the highs for the day. i want to point out big oil. we had them beaten up rather badly. oil has been trending downward and some of the big drillers around, they are all to the down side. a lot of people think this can be around a long time. $80 oil becomes tougher on capital expenditures, the big rigs that are out there. travel stocks rebounding a little bit today. airlines on the upside including cruise ships. retailers very weak. urban outfitters talking about they may have negative same store sales for the third quarter. teen retailers to the down side. >> stay with us because we are going to talk about an anniversary. sunday marks the 27th anniversary of the 1987 stock market crash. i curved it. art cashin experienced it first-hand. the largest one day market crash in history. the dow lost 22.6% of its value, $500 billion. that day i

. >> josh brown? >> he mentioned crowded trades and it's important, one of the things captivated attention is high yields versus risk free spreads or just high yields in and of themselves. especially the etf. some of which are products of mr. reider's firm. there is this question, is the apparatus able to deal with what's happening in those products and so far it is. and i think that that east really an area that people are keyed in on right now. if e continue to see people running to treasuries and get out of other fixed income trades and look at the carnage in mlps for example. can the market structure support that activity? i don't know if it's ever been tested before with this level of assets in these products. so far, so good, scott. >> i don't know if this move in rates should be all that surprising to anybody. i mean, i've sat here and i've tried to go down the checklist almost week to week of the event risk out there and you could go down the list and now maybe ebola moves higher from the u.s.

josh brown is ceo of rid holtz wealth management and mike murphy. the stunning reports from amazon. a massive miss and even more questions than answers about where the company is going and whether investors have simply given up on bezos. the stock suffering another painful deline and now having its worst year since 2008 when it lost some 44%. pete they continue to spend money. >> that's not been a problem. they spend money. >> making drunken sailers look frugal. >> absolutely. and they look to international markets and that is not working either right now. those margins are off. so this is a real problem. folks are finally starting to embrace this. you always wondered when they would. and now looking at real number. this earnings season, i think more than any that we've gone through has really become the focus on these fundamentals and on these numbers. as we've seen the volatile markets people have to put up the right numbers. if they don't there is going to be punishment. >> this isn't about the spending. it is about the revenue guidance for the holiday quarter that was surprising

it's josh brown. at all about the paradox where, yes, you're empowering people and putting people in a position to earn what they take home and hit goals, but by the same token, that can lead to some short-termism. we had a share of that down here on wall street in the last decade. does that concern you at all with stock based compensation in general and coke specifically? >> i think you're right on the nose. it has to vest over time and a clawback and remember the people who have admitted that they did this bad plan are the same people in place. so the question is, josh, do you need change at coca-cola? in terms of refreshing the board and potentially -- >> you want to see more than just a new comp plan. you want to see some swinging doors? >> well, i think the comp plan was a bamboozle and this new release, you know, is an improvement but there's more to go to improve coke's margins. >> all right. are you suggesting, david, that you'd like a new ceo? >> well, i think that, you know, we deserve as co

joe terranova, steve weise, peat najarian, josh brown, and we also have a special guest.pzena. he managers $27 billion. news out of europe, the

joe terranova, steve weise, peat najarian, josh brown, and we also have a special guest. rich pzena. he managers $27 billion. news out of europe, the imf and there is a lot to chew over this morning. you are most worried about the dollar. >> this is the prove me moment for the market. now, next ten days get a understanding to appreciate above the alibaba 2014 highs. i think the market comes back in 2015 but you have to be concerned of the impact on a rising dollar on earnings and the impact of deexpopopulation exported into our economy. and the why is the uz treasury trait trading 2.8. >> i could say the s&p is below 50 day moving average for sixth time in a row. container store, samsung, soda stream profit warnings. is it nervous time again? >> i don't think so. i think if you are an european nev nevuser. but if i look at the markets last week after draghi finished speaking. bonds of course are perplexing but when you look at negative rates in germany, irish. that's why u.s. rates are staying down in terms of the ten year. but don't confuse that with what's going to happ

josh brown, stephanie link, jon najarian is the co-founder of option monster and --.th the end of qe and what it means to your money. stocks had an incredible run. today

. >> josh brown. >> bank of america buy. >> emc going higher. >> i like adv. >>> getting a nice ounce back today. "power lunch" picks up that story now. >> "halftime" is over. "power lunch" and the second half of the trading day starts right now. >>> look at this. that is green right there. one, two, three, four stocks. we haven't seen green in a while shooting up after yesterday's late day plunge. dow, nasdaq, s&p, why the change in direction? why all the volatility? we will try to answer those questions this hour. we are also watching the yield on the ten year very closely. if i get out of the way you can see it there. that is a red number there. the yield down to 2.27%. paying special attention to what that means for mortgage rates, housing markets. we went below 2.2% down to 2.19%. and four big threats to the american economy. they all begin with the letter e. energy, ebola, earnings and europe. we will look at all four of the big es. that used to be known as elven hayes. >> 2.2% should be the low for the ten year. anything below that he said would force the feds' hands into actio

josh brown and mike murphy. we begin with the search for opportunity.at stocks are coming off their best day of the year. a far cry from a week ago today. the s&p sliding. anxiety raising and investors wondering where their portfolios were going. certainly for at least one

josh brown, the worst week for stocks in two years. >> we haven't had a four day decline consecutivelyear. >> certainly looks like this is going to be

josh brown ceo of wealth management. pe pete nigerian. vifrts trying to make sense of what's happened with their portfolios over the past week. a return of the kind of volatility we haven't seen in years. the major averages coming off four straight weeks of losses, concerns continue to mount about the strength of the global economy so is the worst behind us, or are stocks set to slip again? we're so fortunate to have with us today one of the world's true market mavens, omega chairman and ceo. he's live with us today from down in florida. he'll be with us in just a moment. first, guys, let's get to where we stand. we're trying to right the ship, joe, if you will from last week. are we out of the woods, do you think >> i think we're out of the woods, potentially for a couple of weeks or so. overall we're out of the woods for 2014. the thing that troubles me is there's so many saying we'll get this retest of the technical level of the 200 day moving average. that stuff never works in the sense i wouldn't be going short against that. i think

josh brown, mike murphy, we begin with this big rally to end an incredible month. new interday high today. fresh stimulus in japan giving a big boost to

josh brown, stephanie link, jon najarian is the co-founder of option monster and --. we begin with the end of qe and what it means to your money. stocks had an incredible run. today they are mixed in what we're calling the easy money aftermath. the question now, can the rally continue even without janet yellen's help. >> couple of things. first and forecast now europe becomes more the focus. and with that don't expect yeeds to run away. on a competitive basis european yields will remain low. the biggest story today is oil is down significantly and s&p is rallying. to the algos that is a nightmare. they have been oil down sell equities. >> crude is down more than 1% now. >> not going work now. oil down. equity is going up. that's the first time we've seen it in many weeks. that's a good thing. if you are trading that correlation you are going to lose money. i don't think it is going work anymore. >> the fed gets out. rates still stay low. what do you do between now and the end of the year. markets set up for a run here? >> i've been in the camp that it is better to be

steven weiss, josh brown, mike murphy is the ceo of rows cliff capital, steve brasso. of the most

. >>> josh brown citing the xlp, the consumer staples etf. we're not going to see it.re having technical difficulties. >> it's an all-time record high. this chart is screaming something very important to you, which is long only guys who are forced to allocate money to stocks. they want perceived safety, they want the staples, they're buying them. the drop in crude is great for the company's earnings. it means the consumer can spend more and their biggest input cost in many cases is the energy it takes to make food, ship it, et cetera. you're seeing huge moves in this sector relative to the rest of the market. >> is it worth looking at it. >> booze, food. >> in the reit space, simon property and a bunch of the reits, big dividend yielders. we're seeing money in that. that's a positive against this sea of red. >> i think, again, what's happening here is the confluence of what ganl in september, this is a trade, nothing to do with an investment. in terms of passive money, i think the pressure is going to be on the market. it looks like the market wants to take out that 19

josh brown is ceo of rate holtz wealth management. mike murphy. and john and pete najarian.ds. we do begin with what else? the market. stocks rising after better than expects jobs report. the unemployment rate its lowest since 2008. the dollars up. all of it seems to be more evidence. >> oh my. >> that

let's meet today's starting lineups, stephen weiss, pete najarian co-founder of option munster, josh brown ceo of rid holtz wealth management and mike murphy, also with us today, is tony dwyer chief strategist at cancord genuity. stocks off their worst week in more than two years and the market making investors more jittery they've been in an awfully long time. our question today, are things about to get a whole lot sfwhors the drop in oil, cyclicals, small caps would seem to suggest they might. so would a spike in volatility. what's the best way to navigate all this. josh, i think the most important chart to watch today is the one we're going to put up and that's the russell that has concerned me the most for the longest period of times because the russell since july has been rolling over. >> yeah. >> small caps today in the face of uncertainty all over the place in the market, are. >> there is an argument between -- >> i'm not trying to do that. if it sounds that way it's not my intention. stability in the small caps you stem the tide. if you don't you have problems. >> i think it's poss

let's meet today's starting lineups, stephen weiss, pete najarian co-founder of option munster, josh brownholtz wealth management and mike murphy, also with us today, is tony dwyer chief strategist at cancord genuity. stocks off their worst week in more than two years and the market making investors more jittery they've been in an awfully long time. our question today, are things about to get a whole lot sfwhors the drop in oil, cyclicals, small caps would seem to suggest they

josh brown ceo of wealth management. pe pete nigerian.o make sense of what's happened with their portfolios over the past week. a return of the kind of volatility we haven't seen in years. the major averages coming off

josh brown pointed out. that was around 143. the key today, do we take out yesterday's lows?day's low was 1941. you trade below that. people are going to say, here we go again. >> where we are right now. do you consider this oversold right now? >> yes. it is oversold. strangely, there is a history of weak october 1st being followed by rebounds on the second. when draghi came in with an empty hand, things changed here. if europe worsens, they'll take us down. >> the euro stronger, japanese yen is stronger, and treasury yields higher. some of the correlations are out of whack. >> they are. late last night there was what people call an outside reversal. the dollar saw that reversal against the end at that 110 area. >> what is happening in the oil market is potentially a game changer. the fact that the saudis are willing to compete on price. they are not going to cut back production to keep the price of oil higher. potentially the price of oil could fall further. what fascinates me are the politics of the middle east and saudis need the oil. and where that takes us. have they dri

. >> josh brown this morning tweeted that the markets, the u.s.ket is like a guy trying to do a wave in a stadium, but nobody else is joining in. that's the way our economy is acting, wouldn't you say? >> i like that imagery. stick a gopro on that wave. i'm now officially like, hey, you've made all the money you are going to make from gopro. every inch of hawaii is gopro. every inch. >> of what? >> of hawaii. the surfing there. >> everybody is just filming themselves doing things. >> i watched a video of a go to the on a surfboard with a gopro. okay. done. a boar and goat. all right, enough. what are you going to do next? how can you top that? can't top it. >> keep your eye on a bunch of the momentum names today. tesla is up 1%, as we are expecting this mysterious "d" to be revealed late tonight around 10:00 p.m. >> twitter is causing huge havoc. >> there you go. whatever. i still think yesterday's rally was, you can average the two days. hedge funds having capitulated. why? the fed is going to continue its policy. >> over two days, the dow is up

josh gordon receive add full-year suspension from the cleveland browns after a second test for marijuanad people who have a lot of pain and want to recover. >> marijuana fits. >> yes. and 2014 it's not 20814. >> reporter: but even in 2014 studying marijuana is difficult. approval for research grants is all but impossible. that's why there's only one approved study in the u.s. conducted at the university of san diego by dr. igor grant. in six clinical trials all of them shows marijuana was effective at relieving pain. >> my view as a physician is if we have another alternative that is helpful, why not provide it. >> there's been a lot of dialogue. it's conversation. >> it's conversation as america's changing attitudes about a substance nate jackson says is already ingrained in football. do you think nfl football is going to have to change as american society accepts this? >> yeah, i think they will. you know it's not about getting high or becoming a stoner. the nfl doesn't have to worry about that. these guys are highly motivated. they're doing what they want to be doing. i think marijuan

brown and jim acosta and justice reporter evan perez. mr. acosta, let us start with you. how did this all play out? >> according to white house press secretary josh earnest, earlier this morning the white house had confidence in secret service director julia pierson and things changed during the course of the day. senior democratic lawmakers are starting to break ranks with this white house and saying they did not have confidence in julia pierson and it was at a meeting earlier this afternoon with dhs secretary jay johnson that julia pierson offered her resignation and following that meeting the president called her to thank her for her years of service. you mentioned this latest security incident that happened on september 16th during which a cdc contractor, security contractor was riding an elevator with president obama during the president's appearance at the agency and that contractor was armed, violating secret service protocols and the white house apparently was unaware of this until just yesterday. i asked josh earnest about that and here's what he had to say. >> just to ask you about this latest incident to have emerged. i guess it happen

josh! new jetta? yeah. introducing lots of new. the new volkswagen jetta tdi clean diesel. isn't it time for german engineering? >>> a new report in the case of michael brownpolice officer in august, prompting weeks of protest. well, "the new york times" now reporting that tests show brown's blood was found on the gun, uniform, and inside the car of police officer darren wilson. "the times" also gives wilson's side of the story. nick valencia has been covering this case since august. nick, a lot of other details are emerging that suggest that, in fact, perhaps mr. brown had gone after the officer. >> reporter: yeah. and that's actually what officer darren wilson has maintained the whole time. deb, i should start by saying that this is coming to us from "the new york times" and that cnn cannot independently authenticate these details, but they seem to verify what officer darren wilson has been saying all along. that there was a struggle inside that police cruiser. "the new york times" citing forensic evidence, saying that that gun went off at least two times in the police cruiser, striking brown once in the arm and the other one missing him. they cite foren