i love watching masco.ajor supplier for home depot and lowe's. >> they reported numbers that were very spoipgt. plumbing was especially disappointing. bottom line, jim here is if you're looking for a housing recovery look no further than what masco said and it's not happening. >> i was let down because they have this great paint division not just kitchen and bath. i do think that masco has lowered expectation fusion get anything from housing, 600,000, 700,000 starts masco is a buy. >> going out the chicago to the cme. check in with kevin craney. you're expecting 3% to 4% for correction for the s&p short term. >> short term is in the next month sore. we got a great system at the beginning the year. things are a little overdone. having a hard time to find momentum to break through this 1350 level on the s&p. headwinds are coming that could give us a little bit pull back. >> a lot of people who want to gripe about the run up we've had on the s&p 500 will point to anemic volumes. does that matter? >> you have t

looking for bottom in housing, masco up 50% since middle of december. >> we'll watch that, bob thanks so much. bob pisani. more details on the news out of agrees. simon hobbs has the details. >> phenomenal rally as bob highlighted, maria, gain of around 80 points from the lows of the session right back up to the fatlat line on the dow, because this character samaras will probably be the next prime minister after the next election, and last wednesday it was one of the two extra conditions that the rest of europe put on the greeks, that this guy and the other main political leaders today at the meeting that you see there, in athens with the greek prime minister should agree they would maintain austerity after the april election. it was absolutely key for the french and dutch and germans who are getting increasingly impatient with greece and rancor rising between them. the other key condition they detail further 320 million euros, we are not sure they did that today. in essence adds life to tomorrow's meeting. we think there will be a conference call between the euro zone leaders, though

first, monday, masco, the housing play. think kitchen and bath fixtures. i think housing is on the mend in this country, particularly after the foreclosure deal yesterday. and this stock's a couple bucks off its high. let the bears claw at it because you shouldn't be buying masco for this quarter. it's a play on the second half turn. and i like it. but i'd like even more of it if it were lower. tuesday we're going to be -- this is it. the first quarter we're going to hear from michael kors. it's a red-hot apparel ipo that could be a terrific one, a la ralph lauren and coach. but the valuation here is awful. let's see if kors sells off when it reports before the open, and you get a chance to pick up a new long-term story that is still in its infancy. we will also hear from zynga on tuesday, the social gaming company. will it be like the hideous groupon, an overvalued wild card, a company that seems totally unseasoned? or will it be like linkedin, which delivered a masterful quarter and while overvalued has a level of momentum that is loved by the high-growt

they said the same things as masco yesterday.ile concern they go up 40% since december when the stocks all started moving. how much more room do they have to go? >> i know. i thought the group, the business would be stronger. you're absolutely right, the core business is not tronger. >> have we seen such a run in there? >> it looks like that could be a right call. i still hold out hopes for the foreclosures deal and second half stronger. and that's too low. there would be demand. >> those comcast numbers, they were due to a lack of subscriber losses, but household formation may be at least one part of it. longer term for the housing industry. >> let's hope -- not just for the housing industry, but for comcast as well. housing formations have been terrible for the last three years, well below the historic norms. >> birthrate has been minus 3 in this country. we cease to grow. i wonder whether that's -- look, a lot of that could be immigration, too. we have really cut back on immigration. >>> back to you guys. >> scott nations as w

para la mrpolicÍa es bien dific acept aceptar, yo pienso que fue tan poco el tiempo para que se dicen mascoe su existen al interior de esta granja penal. >> y creo que en este momento no podemos especular, ni podemos afirmar ni negar nada. >> eso serÁ el informe que lo va a dictaminar. >> por otro lado hay una orden directa del presidente de la repÚblica de investigar el siniestro hasta Últimas consecuencias. >> esta es la tercera vez que sucede algo similar en honduras. >> donde un incendio en el 2003, otro en 2004. >> y este 8 aÑos despuÉs, dejaron un total de 500 internos muertos. >> ninguna de esas tragedias fueron aclaradas plenamente y ahora teme que pase lo mismo. >> y que nuestras autoridades den un veredicto correcto, que no vayan a andar con tapujos ni mintiendo al pÚblico. >> los rumores ganan terreno seÑalando a un policÍa regando gasolina, hablando de una fuga masiva negociada con el director de centro penal y disparos que no permitieron abrir la celda. >> pero dÉjeme que es un procedimiento normal de centros personales, cuando hay incendio hay disparos al suelo. >> o al aire p

masco missing on the fourth quarter. nine cent loss versus what was expected, a five cent loss. ceo saying they are entering 2012 with cautious optimism. maybe a bit conservative. it is a miss trading lower. >> look at the gross margins. big miss there. operating margin 1.6%. i think last quarter was 6.1%. and it was, i think 1.9% this quarter last year. so they're getting squeezed somewhere. so if you see weakness at home depot on the back of this -- i'm not saying you will, they've been a monster. given the other five year high i think we made today. listen. i still think valuations are reasonable. so any potential weakness in hd off the back of this should be bought. >> we are seeing it trade lower in after-hours. armstrong. 52 week high back on february 3rd. south of $50 here. if there is vulnerability tomorrow, i think this is a name that you definitely want to pair down your holdings. it seems to be at lofty levels. >> let's check on shares of rack space in the after-hours session getting a pop. beating the street with the quarterly sales as well as earnings. from hosting

other red, masco, first solar down 7 pairs. citi group down 3%. materials week, u.s. steel, down 5%. consumer names getting hit, sonic an example, i put it up there because i like their desserts. in terms of the s&p on top, hasbro 7%, guidance, that is why it's up. fidelity national big dividend, micron and netflix up. >> do they have lime-ade at sonic? >> their desserts are fantastic. >> good stuff. i know where the shactmans are going tone. >> happy valentine's day. >> treasury partners on the rise especially after the eu announcement but the january retail sales numbers didn't help the mood. rick santelli has details tchlt. >> before we go to the long where you can see the buying, something strange happened after the january fed meeting, look at august 1st start day on two year note yield, rising ever since, i know it's on the south side of operation twist but about ready to break out of the long term rain, pay close attention. if we look at what is going on in other parts of the curve, i think a ten year note, two week charts especially important, bill said we wer

in the last couple days we have been able to have dismal earnings like masco and owens corning. the numbers today were brighter. >> finally the most misunderstood story out there, the success of the europeans have had in changing the narrative of the collapsing continent. success that obscured by the bears in our ears telling nothing can go right. the programs the european central bank put in place, the long term refinancing operation, it worked like a charm. bond yields from so-called failed states coming down in a major way you can't help but realize problems are running their course without taking us all down. i'm the only guy that says it. i was out to dinner how come you're one of the two guys that say this, he's in a position of power, i'm a tv host. the leaders of europe have taken it off the table. banks in europe reporting good numbers, interest rates going down, last night that is good for broet. plus last night the europeans reached a tentative deal that will put the greek issue on ice for a while with the medium term fix that gives europe a chance to repair itself. w

when both masco and owens corning are giving terrible misses, it does inject a level of skepticism, someould say fear, into this market that makes us question the elevated prices we've seen for the vast housing complex. i am still a believer in a second housing recovery, so i don't fret about this because alas, we're still in the first half, but others who piled in ahead of the turn, all right, i can't blame them for being scared, being shaken out. how about agriculture? growing food is a big business in this country and we want to see the farmers do well because they spend like crazy, yet today john deere reported a terrific quarter and proceeded to question whether crop prices aren't peaking. that wouldn't be bad for a cash-strapped consumer who has been paying through the nose for foodstuffs. today the machinery stocks, and remember as a big machinery company, maybe they've gotten too hot and maybe they moved up too much. then there's devon. especially since devon is boosting its dividends with major new discoveries and they're cutting back the drilling budget because you guessed it,

zipcar, masco and perry ellis all down. lumber lick qquidators is down well.rtney reagan is here with a look. >> february hasn't been loving to bullish investors. historically, february is the second worst month for the dow and the benchmark s&p 500. and the fourth worst for the tech-heavy nasdaq. all three major averages have closed down three out of the last five februaries. our data services team found so some stocks could add some love to your portfolio. over the last five februaries, cf industries up here, priceline, jdsu, yahoo! and whole foods have turned in the best performances in the s&p 500. while the names may not necessarily make you think of your sweetheart, the companies' average gains will make your heart flutter. cf industries holdings up 19.4%. all shares of yahoo! maybe taking a hit today. for the last five february, they've gained 14%. and maybe it's the lovebirds gifting healthier treats to one other that's pushing up whole foods in february. whatever the reason, it's gained more than 12% over the last five februaries. february may be a st

masa masco down. and host hotels is down 4% on the nose, guidance missed estimates.et a little more detail on the marketplace. mr. pisani at the nyse. >> hello, brian. the euro has been weaker and the major indices are drift add little bit lower. take a look at the euro. started getting headlines coming out of you're. bottom line is this, the eurozone finance ministers are supposed to have met tomorrow. now looks like there may be a conference call. there's a lot of moving parts here. but tleer or four issues are floating around. the eu has not received the letters from the greek political leaders indicating they would support the terms of the austerity program after the election. they want assurances. they have not gotten them from the eu. secondly, it's not clear to what extent the private sector involvement is ready to sign off. number three, they have not received any details on how to close that funding gap, that 325 million euros they're looking to save. and finally, there's greek debt sustainability analysis supposed to come out tomorrow. it's not clear to wha

masco currently trading at 11.78. a little pop.munications fourth quarter profit topping estimates. the stock also trading close to an all-time high this morning. i guess that's what they call the oprah effect. >> if you live in manhattan and you've got time warner cable, you still can't watch them. but in case you couldn't watch them last night, the knicks did meet sacramento. 100-85. just about all the attention, of course, being focused on jeremy lin. >> did you see that? >> did i see it? i've got time warner cable. so i can't. >> were you at the game? unbelievable. the seven-game winning streak, of course. ten points. but a career high 13 assists. >> 13 assists, yeah. unbelievable. >> as he continues to work his way into the paint and then give the ball to someone who's in a good position to make a basket. let's bring in darren rovell who can talk about not only linsanity as it stands but the jersey sanity, darren, that's working its way through the city. >> carl, as melissa knows, because we had mitch model on "fast money" yes