kevin o'leary.fast money" trader brian kelly. brian, what explains this rally? have earnings been good enough? is the economy good enough? >> the bar is very low for earnings. so they are good enough to get over the bar. i actually think today wasn't that great of a day. >> why? >> great news from netflix. we had china cut reserve requirements. for me, i'm not sure this is an incredibly strong market. i wouldn't be going all in right now. >> michael, do you believe this rally? >> no, because i don't think bonds believe this rally. to brian's point, the fact that yields are still not really rising substantially, it's kind of troublesome. the fact that utilities, in particular, which my colleague and i wrote about in an award-winning paper, are still strong, is kind of problematic. i don't think this is the right kind of environment here. we could, you know, just be seeing this conditioning effect here. every single time we had a dip, we had this v formation in u.s. equities. at some point, it's the l

jon fortt, kevin o'leary.k" on tuesdays. >>> you will see him later this hour, too, because up next if you're in the market for a laptop this spring, which one is right for you? luckily we've got the guy, walt mossbe mossberg, on the case. and walt will join us when his picks when "squawk on the street" comes back. e financial noise financial noise financial noise financial noise >>> s&p 500 hitting a new intraday high today. the consumer discretionary sector a big winner on the s&p. if more on that we head back to domed a headquarters. >> kay larks a strong session for the consumer discretionary stocks led by of all companies trip adviser and expedia and price line. more on the online travel side. prease line group. also in the group here ford which reported better than expected march vehicle sales and delphi, the automotive parts maker. overall it's a broad swath with regard to all consumer related stocks. remember, they didn't have a great first quarter but they are roaring out of the gate this time around.

don't miss kevin o'leary on "shark tank" on tuesdays.k, the one and only walt mossberg with his review of the samsung phone. is it san iphone killer? >>> later on, bitcoin heads to the hill. jerry is with us this hour. we'll be right back. mine was earned in korea in 1953. afghanistan, in 2009. orbiting the moon in 1971. [ male announcer ] once it's earned, usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection. and because usaa's commitment to serve current and former military members and their families is without equal. begin your legacy. get an auto insurance quote. usaa. we know what it means to serve. [ 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. >>> welcome back. markets rebounding with nasdaq leading the gains. the health care sector is pulling weight to the

joining us this morning, kevin o'leary, chairman of o'leary funds and an investor on "shark tank." with aereo. major supreme court case starting now on capitol hill, with aereo facing off against some of the top broadcasters in this country. aereo allows over-the-air programs to be watched for a monthly fee, meaning you don't need a tv to watch any of the local programming. aereo says this is the future of broadcasting while the networks say it's simply stealing. kevin, i was trying to think, what would o'leary think about this? i know you have a libertarian bent from time to time. i know you're also a fierce protector of copyright. where do you come down? >> i look at this as innovation. and, you know, i ask myself as a consumer, do i want to be able to watch content on any platform anytime anywhere and the answer is, yes. this company has found basically a loophole in the law using some very artful use of technology that allows it to skirt the issue of ownership of that fee. i don't think the supreme court is going to go against these guys. and i'll tell you why. innovation is cr

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kevin was also chairman of the o'leary funds. had other stuff you wanted to talk about today. >> i've been noticing of late people have been pounding down bondses is a bad investment. they have. they've been talking about the end of the bond mull market for 20 years. you don't want to have a full allocation of fixed income and they made it a boring topic. the truth is, as we get into interesting volatility and discussion regarding earnings and gdp growth, bonds turn out to be a wonderful place to be but not government debt. actually short your -- corporate. if you're willing to buy a stock of a company, everybody seems to forget, senior to every equity is the debt. >> even subordinated. >> of course. single b is not investment grade debt. i'd rather own the equity. you're getting paid first in the debt. you're always getting paid first. there's a couple of debt asset classes that i think institutions have made pretty wise use of that now individuals can use. floating rate loans, you know, when buffett bought heinz, he spent over

another great guest, kevin o'leary, chairman of the o'leary funds and investor on "shark tank." tors are keeping a close eye on twitter as it's set to report earnings after the bell tonight. user growth and user engagement the key things to watch as analysts expect a loss of 3 cents per share, revenue at $241 million. twitter has struggled since going public, down at least 35% this year. i'd love to get your thoughts knowing how active you are. >> well, twitter is not an investment for me, because you know i will not buy a stock that doesn't pay a dividend. >> yes. >> as a vehicle, let me ask you a hypothetical question. if you buy sirius satellite radio, and you want howard stern's content, you pay a premium for that. why can't we see and envision an opportunity for twitter that's cureating the thoughts of a very famous person, with millions of followers, what stops them from turning that into a pay-per-view radio station, where i, perhaps interested like someone from walter moss berg, content i wouldn't get through any other vehicle, and i would pay 99 cents a month for that. w

kevin o'leary, venture capitalist and software mogul.it, bank it." daymond john, founder of fubu, fashion and branding mogul. first, to swim with the sharks, george stephanopoulos, with a pitch aimed at confused dads. >> a couple weeks ago i was reading "the new york times" when i saw this headline. imho. i had n-o idea what that meant. my daughter, elliott, translated. and i thought i had a good grasp of the english language. how little did i know. i brought in a panel of experts. squad. that's a team. you're laughing at that? >> it's like your group of friends. >> idc. i'm not good at this at all. i have no idea. >> it means, i don't care. >> gotta dip. >> you have to go swimming? >> no. i have to leave. >> ttyl. >> that one. >> no. >> i'm not going to get any right. not good. but then, it occurred to me, what if the answer was literally at my fingertips and yours? don't understand your kids? what if there was an app for that? i consulted an expert. yep. this is an app developer, 14-year-old thomas suarez. >> i think this app would be

kevin o'leary, venture capitalist and software mogul.sell it, bank it." daymond john, founder and ceo of fubu, fashion and branding mogul. next into the shark tank, amy robach. >> you know me as news anchor. after the studio, my second job begins. the job of mom. here's two of the five, eva and anna. and i have number six here. yes. hey, brody. and here's a little unknown fact about me. i am a clean freak. >> cleans the house, like, all the time. >> she's a clean freak. >> so, when walking my little man, brody, here, anything that's gross, he wants to investigate. brody, gross. i don't even want to know. >> he loves water, and poop. >> you have dirty little paws. after every walk, i use wipes to scrub and clean his paws. this is the streets of new york right there. what's an easier alternative to wipes? it's paw pit stop, an anti-bacterial welcome mat, cleans your pet's paws at your front door. >> it's something i think every household could use. >> it truly is a paw-fech product to give us dog owners peace of mind. hello, guys. i'm amy

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i kept thinking in my mind, every time the ten year, 30 year was inching down, i was thinking kevin o'learyd market and don't like the rally until i see the ten year going back up. >> the market is volatile because it's looking at the ten year and getting nervous. the story about the ivb is remarkable because just this morning i went up to a 20% weighting and used this to layer in and when i was flying here i lost 6.2%. by the time i landed i got it all back. stop the madness. >> so you're buying into biotechs here? >> i'm loading up. i'm going to a full weighting in health to 20%. >> i thought you didn't own anything that didn't pay you a hefty dividend? >> the story changes. >> no, no, not at all. >> you have to be flexible. >> that's not true. you can buy health and get a really fantastic dividend, one of the biggest cash flow spaces. ten names in biotech that have had the you know what beaten out of them the last month, value there and even a guy like me who loves cash loves value even more. >> so a little bit last week where the biotechs got smashed. i still wonder about some of the mu