your picks are horton, pulte and kb homes. >> and lennar as well. >> and lennar.de of builders, downstream, do you have picks as well? >> yes. we still love fortune brands, fbhs has continued to deliver, riding the repair and remodel wave, mohawk is doing extremely well, we also like the masco story. repair and remodel has won the day in 2014. these stocks are doing really well, expect continued strength. >> just quickly, we like to play "would you rather." would you rather housing downstream or home builders, if you had to put fresh money to work right now, which bucket would you choose, which is going to be the outperformer? >> the operating leverage we think you are getting from r & r, depot and lowe's, great same-store sales, probably slight bias right now toward going into the building products downstream. but you got to say, we saw great results today from lennar, very encouraging, going to be watching closely. >> didn't play the game right. didn't play -- would you rather? he didn't -- >> i'm going to -- >> downstream. >> downstream. >> then said -- >> but

builders like lennar cashed in and now lennar that sold this lot is going one step further, working to design and build the condos. they will use domestic workers and materials and build much in the same style as the lennar units to bring in buyers from both sides of the globe. for "nightly business report", i'm diana olick in new jersey. >> to read more about chinese developers, go to nbr.com. >>> and that is "nightly business report" for tonight, i'm susie gharib. thanks so much for joining us. >> thanks for me, as well. i'm tyler mathisen. have a great evening, everybody and we hope to see you back here tomorrow night. laura: when i was young, sunlight seemed to me a solid thing... the golden promise of warmth and happiness. but where there is sunlight, there must also be shadows... a reminder that night must fall and the cold winter come. if not now... walk on. ...then soon.

builders like lennar cashed in and now lennar that sold this lot is going one step further, working toign and build the condos. they will use domestic workers and materials and build much in the same style as the lennar units to bring in buyers from both sides of the globe. for "nightly business report", i'm diana olick in new jersey. >> to read more about chinese developers, go to nbr.com. >>> and that is "nightly business report" for tonight, i'm susie gharib. thanks so much for joining us. >> thanks for me, as well. i'm tyler mathisen. have a great evening, everybody and we hope to see you back here tomorrow night. >> this is "bbc world news." >> funding of this presentation is made possible by the freeman foundation, newman's own foundation, giving all profits to charity and pursuing the common good for over 30 years, kovler foundation, charles schwab, and union bank. >> for 150 years, we have believed the commercial bank owes its clients strength, stability, security. we believe in keeping lending standards high, capital ratios high, credit ratings high. companies expected it then

builders like lennar cashed in and now lennar that sold this lot is going one step further, working to design and build the condos. they will use domestic workers and materials and build much in the same style as the lennar units to bring in buyers from both sides of the globe. for "nightly business report", i'm diana olick in new jersey. >> to read more about chinese developers, go to nbr.com. >>> and that is "nightly business report" for tonight, i'm susie gharib. thanks so much for joining us. >> thanks for me, as well. i'm tyler mathisen. have a great evening, everybody and we hope to see you back here tomorrow night. >>> tonight on quest -- cell biologists have a new tool in their toolbox. see how this powerful x-ray microscope generates amazingly detailed, 3-d images of cells-images which are leading to advances in disease treatment and biofuels research. and -- meet the bay area scientists whose collaboration is pushing the boundaries of "bio-inspired" design and generating some pretty cool creatures. >>> support for quest is provided by -- the s. d. bechtel jr. foundation -- th

i was very impressed with the lennar numbers. why? other guys had some lousy comments not so long ago. orders up 23%. that's huge. do you remember the last two guys who reported, jim? they were down. their orders were down 6%. so that's a huge reversal. i'll tell you what did that. they're building a lot of new communities, particularly in texas. texas had the hottest home building community in the united states. they have a very strong presence. they're starting to get some by fur kags. the northeast is doing okay but not great. texas is on fire. that's the kind of bifurcation a company like lennar is taking advantage of. you see that drop? ju -- in july? that was dr horton. they said, oh, we might increase the incentives just to drive sales. you know what that did to the stock? look at that drop. the stock dropped 10% on that day. all the home builders completely lost their momentum because everybody was afraid. oh, now all the other companies are going to have incentives to drive sales. the margins are going to fall apart, blah, bl

this is lennar. lennar is the only major home builder up this month.ther big names like toll brothers, standard are notably do to the downside. still waiting for citizens to open. no indication right now. 21.50 the price they have. guys, back to you. >> all right, bock. thank you very much. let's get over to the bond pits, check in with rick santelli. >> good morning, carl. two-day charts really give you an idea of momentum. a lot of day traders down here. first thing they do is compare today's activity to yesterday's. remember, we live in an immediate gratification world in so many ways. trading, really top on that list. so look at a two-day of fives. look at the relationship to yesterday and today. as you move down the curve, look at tens. the right side goes a little lower. look at 30s. the right side goes a little lower. that makes sense. if investors are willing to have negative rates on bills, why not look down the curve and actually get something. as we wait for the growth and the inflation that central banks are trying to work just crazy behind

homeowners, a nice earnings report from lennar, feds saying this is a perfect goldie lock period, with tepid growth, and low inflation, and matt, if this is perfect for stock market, where do stocks go from here? >> higher, yellen said she will remain dovish with the fed president. and that keeps easy money flowing, best asset class with interest rate low remains stocks, u.s. government money 2.5% for 10 years, there is no other way to go, you are not going to gold, you go to u.s. stocks. charles: they did not remove language everyone that thought they would remove, initially stock market crashed. like, a nose dive, an odd initial react. >> they saw the -- dots that come out. charles: is that in the closed captions part? >> she talks about inflation, and labor market, and it is not a concern, they lowered gdp, and overall economy condition, she was show -- so dovish, how could you not be in stock. >> it was confuseing, i thought it was awful, i was a finish until today -- i was a fan until today, everyone was waiting for a time. she is like who the heck knows, she blew that. and all of

no surprise landsea is working with lennar on the project, which lennar will help design and build.a says they will be using do mostic labor and domestic materials and these three parents are starting if are the start. they're also looking at washington, d.c. and the chinese have put nearly $3 billion of u.s. commercial real estate last year. they're on track to do even more this year. at this point it seems that the skyline is the limit. guys. >> thank you for that report. >> let's bring you the chairman of the equity groups residential. sam, your thoughts on this story. you know these landsea guys the. >> i don't know these guys, but i have been involved now with other chinese developers i am not sure you produce the story. these are big companies, well funded. the u.s., we think it's a good market. obviously, we're in it. >> right. >> so we shouldn't be surprised they have come. now, remember, there were the japanese before them, then there was the canadian invasion the british invasion. but we historically had enormous flows and would have even greater flows if congress fixed it

i would like to let them sit for lennar. >> i do not like to boil too hard.ing these very soft the delicate colors. >> you just want to have just enough to cover the base of it. >> i have to that actually dropped in there. i'm going to get these babies out. >> this is so easy. we want to make sure you pull that off of the heat to you do not flame up too much. i'm gonna take my place and we're going to take one of these as they're getting color. liggett and nice and crispy. i'm going to pull out my lemon. i have already put a little bit of freshly grated parmesan. we're going to take one more of these babies. >> it is delicious. we're running out of time. that looks amazing. >> chicago corn may goes on all weekend. it is on its eighth annual year. his demonstration. >> chicago corp. may sunday at 1230. the millennium park. to learn more go to if chicagogourmet.org. learn more go to if chicagogourmet.org. you know.... there's a more enjoyable way to get your fiber. try phillips fiber good gummies. they're delicious and an excellent source of fiber to help suppo

would get lennar, profits beat estimates.1/4%, you can see d r horton as well and looking at fedex hitting a new high, revenues on the rise. stock is up 3.3%. they came out with their profit numbers and stocks hitting a new high. looking at u.s. steel, the whole steel group doing well on this day that u.s. steel says it will file for bankruptcy protection, and reducing some projects, more "varney and company" coming up next. mething that small make an impact on something as big as your retirement? i don't think so. well if you start putting that towards your retirement every week and let it grow over time, for twenty to thirty years, that retirement challenge might not seem so big after all. ♪ you know, if you play football foryou're gonna learn toid, deal with alot of pain. but it is nothing like the pain that shingles causes. man when i got shingles it was something awful. it was like being blindsided by some linebacker. you don't see it coming. boom! it was this painful rash of little blisters. red, ugly stuff. lots of 'em

as for earnings, look for results from fedex, general mills, lennar and cracker barrel. >>> comedianoy saying he will stay in scotland no matter what the houk of the vote. we'll speak to him after this short break. [ sighs ] [ inhales ] [ male announcer ] at cvs health, we took a deep breath... [ inhales, exhales ] [ male announcer ] and made the decision to quit selling cigarettes in our cvs pharmacies. now we invite smokers to quit, too, with our comprehensive program. we just want to help everyone, everywhere, breathe a little easier. introducing cvs health. because health is everything. i'm spending too much time hiring and not enough time in my kitchen. [ female announcer ] need to hire fast? go to ziprecruiter.com and post your job to over 30 of the web's leading job boards with a single click; then simply select the best candidates from one easy to review list. you put up one post and the next day you have all these candidates. makes my job a lot easier. [ female announcer ] over 100,000 businesses have already used zip recruiter and now you can use zip recruiter for free at a

and yesterday we talked about lennar. and the growth was spectacular. we saw the move yesterday. these are all trades. housing, building, those are trades. i still think derivatives is the way you want an investment right now. mohawk, whirlpool, home depot. the derivatives is the trade right now. >> elite cooper favored. 's talked about it. falling hard after visa is making a move cashing out. they are looking to sell 5 1/2 percent stake possibly. visa down more than 20% today. 30%. >> it's been reducing statements. an integral part of the growth story in yaurp and the mobile payments. the other side, the bullish argument is well now ibm steps in and buys the company. listen, i'm sitting with you here. i'm not in e bm's offices. i don't know if they are going to buy them. i think the best thing to do is wait before you make any entry decisions. >> how about this update to kohl's. >> the products and particularly izod. not too surprising but let's soo they can do some conversion. the back to school and compariso comparisons. this company has historically not traded well. it is abo

. >> lennar is the story, dave. they came out with higher numbers. multifamily homes.e stock is up anotherly 6% at the moment. >> do you hear much concern, much more that this thing with janet yellen has gone on too long, very quickly? [closing bell ringing] >> very accommodative fed. keeps on going until it doesn't basically. >> i guess so. the market likes it. it has moderated quite a bit. you saw that initial jump, quite to the upside. you can see you will the indices are up. they were much better earlier on we have busy hour for you. "after the bell" starts right now. david: we'll get right to today's market action. of course it is fed day. the fed had huge influence on what the markets did. we have brian boil, from boyle

names like lennar, kb home, pulte, dr horton, toll brothers, the brand names going down on the day. >that must mean the xhp is having a rough day. >> it might be having a rough day. a few builders, not a lot. he's not going to forget that son of a gun. i've said for a long time these builders when you look at the builders, these are trades. when you have the opportunities to get either direction, phenomenal trades. i think if you're looking longer term, investment wise, all about the derivatives trade off the builders. when you look at home depot versus lowe's, i think lowe's is the buy. outperformed by home depot. >> do you hear that? he doesn't agree he thinks it's home depot. >> it's depot. >> a lot of times they close that gap. >> a lot of times some. >> differentiating themselves from lowe's in they're performing better. >> i disagree. i think lowe's -- >> wait, wait, wait. >> i think they both are doing extremely well and we know how they both have been feeding into this surge in housing, whether it's rehabs or actual buys and all of the rest of it and we've watched the stocks p

lennar posting better th better-than-expected earnings and revenues. a 23 fers increase in orders.dobe, the photoshopmaker's earnings beat the street. but the company warns that its current quarter, revenue will be below analyst expectations and that has that stock down almost 5% this morning. rackspace has been facing competition from companies such as amazon and google. >> let's take a look at the markets this morning. yesterday, du see a broad rally with the dow up by 0.6%. the s&p and the nasdaq up by 0.75%. this morning, you see the futures are indicated slightly higher for both the dow and the s&p. the do i dow up by 19 points above fair value. the nasdaq down. the dax in germany up by 0.5%. overnight in asia, we saw the markets there were mixed. the hang seng was up 1%. oil prices picked up broadly. the ten-year note, at least at this point it looks like it is yielding 2.571%. so just below that 2.6% that we saw a couple of days ago. if you've been watching the dollar this morning, it is down against the euro, trading at 1.2963. so the euro is still below 1.30. gold prices t