shifted to mastercard. that's the trade. reallocated out and to mastercard.ow they're playing catch-up. >>> coming up next on "fast money," we just closed out the best january since 1997. but does that translate into gains on the year for stocks? we'll answer that straight ahead. intuitive trading platform that thinks like a trader. fine-tune technical analysis with the integrated chart tools sidebar. to seize an opportunity, i have to see it. with this, there's no more hide and seek. pinpoint your target more efficiently with clearly categorized, highly customizable technical studies. i'm looking for two things-where to get in, where to get out, so i find the study i want and make it look exactly how i want. plus, scan any stock or etf against time-tested indicators with built-in chart pattern recognition. you've gotta go beyond gut and get to the data. now i can see if a stock might go where i think it will go. customized charts. intuitive control. get started with streetsmart edge and get it all for the schwab price of $8.95 per trade. call 1-888-800-8026.

so we went to american express, visa, and mastercard. we believe they could apply their anti-fraud mechanisms, using between $60 billion and $100 billion a year. it does not count food stamps and student loans and other things that it is in medicare and medicaid, we think again saved something on the order of $1 trillion over 10 years. i would close down some of the departments. frankly, the department of energy has been an anti-energy department. i would close it down. that would -- i do not know why we have a department of housing and urban development. i do not know why local housing authorities cannot be required to run local housing authorities and cut out 90% of the washington regulation. these are the kind of things that just grow and grow. i would fundamentally overhaul the washington houses. i would shrink the department of education dramatically. i would cut out the regulations but is in the power back over to states. i would say you have got to figure out how to solve education. the federal government cannot, and by the way, s

that's credit or debit mastercard.s. [ coughs, sniffles ] especially when you're sick. now, with new simpler packaging, robitussin® makes it simple to get the right relief for your symptoms. new simpler packaging, same effective relief. robitussin®. relief made simple. your favorites, in pieces. new simpler packaging, same effective relief. >>> well, it's a good thing that dan just gave you some fitness tips in the last segment, because, now, we'll give you something that you'll probably have to work out now. a fabulous breakfast brunch spread. gail simmons, a judge on "top chef," is here to kick off the new year, and we're starting off with a breakfast tart. >> first of all, we're going to need a little harley pasternak when we're done. that's okay, because it's going to be worth it. you want to create a brunch that's easy. you want it to be fun, a little football. something delicious. you also want to make it special and compliment-worthy for your guests. i have a great starter for the new year. it's actually a break

no surprise then that shares of american express and mastercard each rose while visa lost ground today. citi expects the u.s. card and payment sector to outperform this year, citing fewer regulatory risks and an improving economy. in the biotech space, a lot of interest in a linkup between bristol-myers squibb and inhibitex. over the weekend, bristol myers agreed to acquire inhibitex for $2.5 billion or $26 a share. inhibitex shares more than doubled today while bristol myers barely budged. inhibitex is developing a oral treatment for hepatitis c. the buyout news spread to other biotechs with experimental hepatitis c therapies in the pipeline. idenix surged nearly 40%, a near five-year high. achillion pharmaceuticals rose more than 20%. and pharmasset climbed 3%. and that's tonight's "market focus." gold prices fell almost $9 today to $1608 an ounce. prices have been falling in recent weeks, but investors are hoping gold will regain its luster in 2012. our next guest says gold bugs expect prices to rally more than 20% in the new year to about $2,000. tonight's "word on the street" is "

i would outsource it to american express, visa or mastercard because they can run it without fraud and the federal government's hopeless. so you want a system that is accurate and that is anti-fraud, which leads you then to be able to say to private employers, if you hire somebody who's illegal, we're going to have an enormous economic sanction, because there will be no excuse once you have a guest worker program that's legal. then you get down to the question of people who are already here. i believe in what i just described most of them will go home. the one group i singled out, and we do have a lively debate on this up here. there are people who have been here 25 years. they've been working. they've been paying their bills. they're married. they have children. they may have grandchildren. they may be in your church. now, i don't think we're going to deport grandmothers and grandfathers who have 25 years of networking and relationships in a community. i've suggested a world war ii-style draft board where local citizens would review the applications. you could only apply if you proved

bank branded gift cards like visa and mastercard have a different set of rules. they can expire after five years. promotional cards can expire after one year. inactivity fees are allowed but only after it goes unused after 12 months. >>> yahoo is trying to reinvent itself. the company company is shifting it's focus to mobile devices. david lure wi reports. >> reporter: yahoo has never been known for snappy home pages. they are diving deep into new services for monthly devices and the emphasis is on graphic appeal. yahoo sees this as its future as sales of tablets soar. wise stand a new news app is one example. one is enter now using sound print. it has streaming video on the ipad. then it delivers news, even tweets from the internet that remit what you are watching on tv. >> these are articles that are surfacing because she was talking about them. >> yahoo research claims that tablet one-third of users are using them when they watch tv. >> they are watching them engaging things in like the same content they are watching on the tube at the time. >> think of a spor

and mastercard is a financial tech. so we've got what do you want to call that?oft goods company, a toy company, an aerospace, we got a retailer and a credit card/financial tech that is perfect diversification. >> hallelujah! >> and a lot of stocks that i really, really like. hey, why don't with go to paul in ohio, please. paul? >> caller: how you doing, mr. cramer? >> real good. how are you? >> caller: good. my 3-year-old grandson jacob is sitting here with me. and we want to know if he is diversified. he is invested in these following stocks, and he is in the dividend reinvestment plan. >> congrats. i was talking to some guy yesterday at shorty's bar downtown. he and his father talk about the show all the time. i love it. what's up? >> caller: okay. first energy, at&t, bmy, avp, and whi. [ laughter ] just kidding. here we go. avon. bristol-myers we like that, we like that yield. first energy is really undervalued. people think it's poorly run. i defer. i don't believe that. whirlpool reports next week. it's going to be a bad quarter, i feel. at&t reported yeste

if somebody come to you and let's say they have a visa or master carinal or something and say -- mastercardand something and say this is a clean card. how do you check them out, or do you? do you say okay, i take your money and you make the choice, there is no obligation to buy, or do you check them say say i will give me people a good deal, or charge them too much or get into a bigger problem. >> we checked out all of our advertisers. we don't take predatory cards. >> what is high? >> anything over 30 with% is too high. we won't take payday loans, because people on payday loans get in a habit of falling behind and they are not really good products. so, we really vet these guys and it is part of our focus. there are a lot of people that need a lot of help, and we don't need to be one of the bad guy to have a good business. >> and times it vary as little when you check the scores between all these guys. they don't all have the same number. it is usually within a range, a couple of points. you usually don't get 500 from one and 800 from another. it may be 702 and 760. where do you fall with t

. >> mastercard said gasoline demand is now at the lowest level in seven years. their data covers christmas week. the average price at the pumps rose 3 cents. defense cuts and billing. they will shut down operations in wichita, kansas. job cuts at the plant that employs more than 2100 workers. we do get a closer look at the nation's employment picture today. also reports from the challenger gray and job growth. futures this morning looking steady for the start of things. the dow inching to its highest levels since july. sales are still red-hot at verizon. 4 million were sold during the fourth quarter. 21" albums giving digital sales a boost. i'm jane king reporting for wbal-tv 11 news. back to you. >> apparently pepsico losing jobs. >> another major american company cutting jobs. investors looking for some good news on the hiring front. news about pepsi possibly cutting jobs. and some macy's and bloomingdale's stores closing in maryland. >> 30 degrees on tv hill. a teenager falls asleep on a plane and ends up in the wrong city. >> don't forget to e-mail us your r

. >> caller: my call is about mastercard.tly it had a pullback of about 10% but it seems like it's having a lot of resistance. i wasn't sure if it was time to sell before earnings came out. >> i don't think you have to. i think it's going to have another good year in 2012. gary in missouri, please. gary. >> caller: yes, how are you? >>. >> real good there. how's big mo doing? >> caller: good, good. got a question for you. what are your thoughts on staples? >> oh, the company that created all the jobs? i think they're good. you want to talk retail, jcpenney. i wish they hadn't been so bullish. jcpenney, i am saying sell, sell, sell. and that, ladies and gentlemen, is the conclusion. we'll buy jcpenney lower, don't worry. that is my conclusion of the lightning round! take the privild investing tools of wall street and make them simple, intuitive, and available to all. distill all that data. make information instinctual, visual. introducing trade architect, td ameritrade's empowering web-based trading platform. take control of y

and so you see entities like visa and mastercard and the american bankers' association coming forward to support the bill as well. so i think it's a question of money sometimes as well. i think these sites that are being targeted by the bill are incredibly popular, and it's very profitable for some companies to offer, um, advertising against them and to monetize search results, um, for very popular content. and so i suspect that plays into those sorts of view points as well. >> host: sandra aistars, thank you for being on "the communicators". and gautham nagesh, very quickly, what are the legislative chances? it's now late december. what are the legislative chances of this legislation going through the second session of the 112th congress? >> guest: it's very much in doubt right now as to what's going to happen with this bill. obviously, the senate bill when it was introduced had very broad, bipartisan support, but senator wyden has said he will filibuster the bill, and whether or not they have the votes to overcome that remains in doubt. on the house side, the judiciary committee has

this would be a challenge to visa and mastercard. in san francisco, i'm emily chang, back to you. >> thank you. >> and sierra ski resorts are getting snow they've been waiting for for weeks. and how much snow is falling there? >> you know it's been on and off. there are a couple inches here and there. but it's dumping right now. and we cannot be more excited about it. i'm happy to be here talking to you about how much snow we're getting. we're expected to get look a foot, two feet tonight and another maybe sunday, monday you look uncomfortable. but is snow-making qipt off now? >> this is places where we want to build features and things like that. and there should help out. this is the type of storm higher you go, better you snow. so this is going to be rocking here this weekend. we're looking forward to it. >> and do you think you'll be able to open additional runs? >> yes. if we get three to five feet we should be able to get a significant amount of runs open. >> we appreciate your taking time to check in with us. >> happy to do it

probably american express, visa, mastercard, minimize fraud, which the federal government won't do, and i actually agree the self-deportation will occur if you're single. only here a short time. there are millions of people who are faced with that would go back home, file for a guest worker program and might or might not come back. the one group i singled out, people that have been here a very long time, married, my well have children and grandchildren and i would suggest that grandmothers or grandfathers aren't likely to self-deport. then you've got a question. i offered a proposal. a citizen panel to review whether or not somebody who had been here a very long time who had family and who had an american family willing to sponsor them, should be allowed to get residency but not citizenship so that they would be able to stay within the law but would not have any chance of becoming a citizen, unless they went back home. i don't think grandmothers and grandfatherless self-deport. >> governor romney, the few time, i think only once they experimented with self-deportation. only a handful of

three credit cards, american express, visa and mastercard and zero balance on all of them. >> she's good. she's good. >> what's up with michael phelps? he's back on the dating market? >> looks like it. he and his ex-girlfriend, nicole johnson, spent new year's eve on separate coasts. looks like there's going to be a lot of happy women and men out there. she's gorgeous. she was miss california. >> i don't hear a lot about baltimore. >> i don't hear it, either. he's not too far away. >> what do you have coming up tomorrow? >> a huge mindless behavior thing. if you are ever around a teenager, you know they love mindless behavior. a special concert. i don't know where the concert is. they haven't told me. you have to listen to find out. you can only get tickets from s us. it's cool. >> exclusive. >> even my 15-year-old is going to go with me. he won't be seen with me but go to the spot with me. go mom, get lost, basically. >> aren't they all? >> thanks so much. >> see you thursday. >>> there is news concerning prince william's wife, kate known as the duchess of cam bridge. she's announced th

this one would require paypal or mastercard to cutoff funding to anyone who has been accused of i'm prantingnd -- imprinting and copyright. it gives an advantage to large companies like via come -- viacom to shut down the next youtube. they will sue you so you can't pay your lawyer. >> i wouldn't know anything about giant media companys that would support this. i will leave you to be the expert on this. >> actually you take stuff from youtube all the time. they would come after you. >> we get permission. >> and it would be like a half hour show if this bill went through. obama has done something good for you by opposing this bill. >> you don't understand, we have to e-mail every person for that. do you know that? >> it is working pretty well. >> it is a pain. we don't get the good ones anymore. >> and the government makes a blacklist and i don't like governments being involved in that. >> it is always a bad thing. rick, you clail to be a reporter which means you reply solely -- mean rely solely on wikipedia. it must be a tough day. no wikipedia? >> can i remind rupert murdoch supports sopa s

make sure that their customers aren't being misled by web sites so you see entities like visa and mastercard in the american bankers association coming forward to support the bill as well. so i think it's a question of money sometimes as well. i think the sites that are being targeted by the bill are incredibly popular and it's very proper to -- profitable for some companies to offer advertising against them in search results for very proper content so i expect that plays into those two points as well. >> host: sandra aistars's executive director of the copyright alliance. thank you for being on "the communicators" -- communicators and gautham nagesh what are the legislative chances, tallied in december, political legislative chances of this legislation going through the second session? >> guest: is very much in doubt right now as to what is going to happen with this though. obviously the senate bill when it was introduced had rod bipartisan support but senator wyden has said he will filibuster the bill on whether or not they have the votes to overcome that remains in doubt. on the house sid

i would outsource it to american express, visa or mastercard because they can run it without fraud andhopeless. so you want a system that is accurate and that is anti-fraud, which leads you then to be able to say to private employers, if you hire somebody who's illegal, we're going to have an enormous economic sanction, because there will be no excuse once you have a guest worker program that's legal. then you get down to the question of people who are already here. i believe in what i just described most of them will go home. the one group i signaled out -- and we do have a lively debate on this up here. there are people who have been here 25 years. they've been working. they've been paying their bills. they're married. they have children. they may have grandchildren. they may be in your church. now, i don't think we're going to deport grandmothers and grandfathers who have 25 years of networking and relationships in a community. i've suggested a world war ii-style draft board where local citizens would review the applications. you could only apply if you proved that you were financia

we'll hear from firms like pfizer, ferc, mastercard and sony. extending record low interest rates for another three years federal reserve chairman ben bernanke testifies about the state of the u.s. economy before a congressional panel on thursday, and we wrap up with the week with the super bowl between the new york giants and new england patriots right here on nbc. advertisers are paying an average of $3.5 million for a 0-second ad at this year's game, with some ads even topping 4 million bucks. i'm sue herera. get all your miss news on cnbc. >> get all your business and tech news before the bell opens weekdays on "today in the bay" starting at 4:30 in the morning. much more ahead on "today in the bay," the politics of redistricting california's state senate districts. while a proposal to change the boundary is creating such a fuss. we'll talk to political analyst larry gjertsen about that but first mike inouye with your community weekend calendar. >> lots to do. berkeley is giving out a monster event today. i present to you congress, the origi

i would outsource it to american eress, visa, or mastercard. if you had any effective guest worker program and an effective card system, there is no excuse for any employer to hire somebody illegally and i would be far higher economic sanctions on employers who do that. would not come to the question of 11 million who are here. i had a deep disagreement with governor romney. i opted to worth exploring -- i think it is worth exploring. a number of migrants would go back home and apply for cards. i try to deal with an honest way with the complexity of what is going on. you have people who've been here for 25 years. they have children, grandchildren, and a local church. some of you may remember this from the debate in washington. i got attacked as though i had sold out on americans. they started yelling amnesty. for folks who have been there for a long time and a financially responsible, if they can have an american family sponsor them -- let local citizen panels. can prove that they have a family sponsor them and they should get a right of reside

spending more on debt interest and this is not paying of the principal this is like when you get your mastercard at the end of the month you can't pay off any of the debt all you can do is stay current with the monthly interest charge. our monthly interest charge will be more than the combined military expenditures of china, britain, france, russia, japan, germany, saudi arabia, india, italy, south korea, brazil, canada, australia, spain, turkey and israel. you add up all of the military budgets that is our interest charge on the debt. by 2015 -- by the way, that is the current historic low with a were to return to what they were, what they've averaged in the last 20 years about 5.7%, america will be spending more than the planet's entire military budget on the debt interest. by about 2015 we will be covering the entire cost of the people's liberation army of china. that's what you guys have to pay for. small businesses in bedford. suburban homeowners and nashua will be paying for the entire budget of the chinese military. no precedent on that anywhere in history. the roman empire felt pretty st

i want to apply new payment systems for american express and mastercard that will save between $60 billion and $110 billion per year in fraud that we are paying to crooks. we send that to slow stamps and stood alone and that will save us billions more -- to boot stamps and student loans and that will save us billions more. we do not need a department of energy. we need an energy policy. if we have an energy policy -- you heard the previous caller talked about the need for oil in central illinois -- if we have an energy policy we will be in a position to increase revenues. if we have oil on federal land, we have revenue. i have an aggressive jobs plan. go to newt.org and you will see a number of steps i would take to create jobs. if we can get unemployment at 4.2%, a number of people will be taken off all food stamps, medicaid, public housing, unemployment compensation and welfare and put into work paying for their families and paid taxes, that would be an enormous step toward a balanced budget -- balanced budget. we have a number of plans at newt.org. i am methodically and systematically d

butler says if these bills pass, the movie studios would have the power to squeeze pay services like mastercardsiness with legitimate websites that might post a link to a pirated film. he calls them free speech platforms that could be shut down. >> there are hundreds of thousands, millions of blogs, millions of people using these sites to talk about their life, their art, to share their art, make art. when you take down the whole thing to target a few pirates, all those people go with it. >> movie industry officials say it would take down websites dedicated to posting stolen content. the free speech say they give latitude to go after legitimate websites that occasionally post pirated films. >>> everyone wants to make an impression at a job interview and maybe friends and family a little. how about handing them, i'm not kidding, a diamond encrusted $1500 business card? nadia bilchik joins us with more in this mornings passport. i want one. i want several of these cards. >> don't you want a friend that gives you a diamond encrusted card with a couple karats. we have talked about cell phones and s

we went to american express, visa, mastercard, we believe if you apply 24r antifraud mechanisms you save $110 billion. that doesn't count food stamps and student loans. we think you can save on the order of close to trillion dollars over 10 years. i would close down some of the departments. frankly, the department of energy has been an anti-energy department. so i would close it down. i would say i don't know why we have a department of house and urban development. i don't know why local housing authorities can't be required to run local housing authorities and cut out 90% of the washington regulations. these are things that grow and grow. i would fundamentally overhaul the washington offices. i would shrink the department of education and send the power back to the states and say you have to figure out how to solve education. the federal government can't and shouldn't. i don't want that level of power in washington, d.c. [applause] >> my goal would be to -- it took us three years to balance when i was speaker. this is a bigger mess so i would aim to get there in five years and then you

have to do is have a technique to quickly determine that they're doing it and then go to visa, mastercard, pay pal, with injunctions to be able to say stop shipping money to these people for their joan load -- download. very quickly, if they can't profit from the internet, they're not going to be doing it. it was proven in internet gaming this is the technique, it's why we're promoting a fix, that the internet agrees with, and that the comp head industry would get what they want protection from. remember, this -- you can still sue them. megyn: here's what i want to know. if you succeed in going after the folks offering the boot legged products, what's next? the handbags on the the streets here on the corners of new york city? because a lot of us really like those, like the gucci bags, we like to believe it's real and not stolen! >> here's the case in the gunn -- gucci bags or the false medicine, using the court we're proposing under the open act we seize countless amounts of goods. it's very clear some get through. it's very clear they continue to sell. you're not going to get rid of tota

stick to the top tier ones like a visa, mastercard, or american express.very month. >> i always get suckered into the store cards. gets me every single time. see ya. >>> we've been sounding off on our talk back question. should mitt romney tout his wealth as a political asset? these are some live pictures. it's a grassroots rally. he's talking about jobs and the economy trying to rally support there before the big primary. carol, you've got the responses of folks up ahead. all of these guys are millionaires, if not multimillionaires. i don't know. maybe he should own it? what do you think? >> maybe he should own it. that's the talk back question. he's not talking about how rich he is. here are the responses from our facebook friends. should candidates taught their friends? michael says, i would like them all to tout it. tell the americans how they can make millions. touting his wealth will only prove he cannot relate to 99%. and another says, yes, own it. our world would be better if everyone would be honest about where they stand. this from corey, real me

so we went to american express, visa, and mastercard.eve they could apply their anti-fraud mechanisms, using between $60 billion and $100 billion a year. it does not count food stamps and student loans and other things that it is in medicare and medicaid, we think again saved something on the order of $1 trillion over 10 years. i would close down some of the departments. frankly, the department of energy has been an anti-energy department. i would close it down. that would -- i do not know why we have a department of housing and urban development. i do not know why local housing authorities cannot be required to run local housing authorities and cut out 90% of the washington regulation. these are the kind of things that just grow and grow. i would fundamentally overhaul the washington houses. i would shrink the department of education dramatically. i would cut out the regulations but is in the power back over to states. i would say you have got to figure out how to solve education. the federal government cannot, and by the way, should no