. >>> matt nesto joins us. he has some of the hottest stocks on the mid-cap area and what's on the area? >> if dna is the way i have a life science toolmaker that is absolutely on fire today. you won't believe the move in the stock and i'll give it to you in just a few minutes. "power lurch" is back in two minutes. whwhwhwhwhwhwhwhwhwhwhwh >> all righty. we're coming into the homestretch on earnings central. let's look at the scorecard to show you where we stand and the numbers are pretty good, michelle. >> we have nearly 300 companies in the s&p 500 that have reported. 75% of them have beaten earnings expectations and 70% have beaten on revenues. >> and the beautiful blended eps which is an a malgum of who's reported and what the expect ags remain for those who have want up 206% there and the expectation was for a 184% gain. so ahead on that blended revenue growth up a more modest 8%. the expectation was 7%. >> that may be why we don't see quite the reaction some had hoped. when you say 75% beading you might g

. >>> we have matt nesto, what is the hot mid-cap move or your radar? >> i'm going to put my 2 cents in, dennes. i have a retailer that has the shorts run-in. they sell low-end products in places like california, and las veg vegas, nevada, arizona. i'll give you a name if you haven't figured that out. power lunch is back in two. not long ago, this man had limited mobility. last month, this woman wasn't even able to get around inside of her own home. they chose mobility. and they chose the scooter store! if you or a loved one live with limited mobility call the scooter store! no other company will work harder to make you mobile or do more to guarantee your complete satisfaction. if we pre-qualify you for a new power chair or scooter and your claim isn't approved, the scooter store will give you your power chair or scooter free. that's our guarantee. they were so helpful and nice. they filed all the paperwork, and medicare and my insurance covered the cost. we can work directly with medicare or with your insurance company. we can even help with financing.

matt nesto, no impact on the stock. >> simon hobbs, as well as rick santelli.ou were answering rick because he's saying he was not buying the story here? >> rick may not buy it f. you do an exhaustive study of history when it comes to deflationary depressions -- >> look ahead, ron, look ahead. >> i'm about to. i just need to be able to finish the sentence in order to do that. in order to look ahead, you to look at the past. policy mistakes made in the u.s. in the 1930s or japan in the 1990s are quite instructive insofar as in neither case were deficits big enough to counteract the deflationary pulse. i think the problem here is while many people are concerned about the size of the deficits, as long as they're being accommodated by monetary policy, they will be reflation their. as soon as the world starts to tight el we'll go through a herbert hoover 1937 type experience, where if you balance a budget during a recession, depression or deflation, it is absolutely fatal. and history has shown that. >> what is fatal is when you spend all the money you could have us

matt nesto joins with us three tradable ideas. stocks set to report earnings just minutes from now. it away, matt. >> reporter: hey, maria, we'll call this one before the after, this new segment here, but it is aheaded news. couple of stocks that pulled out that could be tradable or look set for some big action. we'll call the first one, go with the mo. check out dryships here today, alongside excel and genco. you can see those percentage gains, 12%, 4%, dryships galloping 5% higher ahead of their own report. so watch out there, they might have stolen some of the thunder on the backs of their rival, shipping companies, in their own good news. the second one is the old follow the money, as they said in the watergate situation. and this one has to do with deckers out door. this is a very hot stock. pretty sneaky, no question about it. their shoes are selling. huge volume spike, trip nel what we see in an average day over the ten-day average. the company hasn't missed a quarterly eps in at least eight quarter. they own teva, ugg, simple and green toe shoes and they're quite a little ho

. >> thank you very much, matt nesto. erin? >> so mary, these jamie dimon numbers if you look at the options you could get a pay package up to $32 million. >> the way it's been explained to me, erin, is first of all you have restricted stock worth 7.6 million. that's what we told you. if you take a look at his options according to people close to the company what you want to do on the method is basically divide the current stock price by three and then you multiply it by the number of options. again, 563 million, which gives you basically stock options worth 8.5 million so essentially the bonus for mr. dimon this year or excuse me last year, 16.1 million of restricted stock and stock options. >> okay. so they're going on black shoals so in other words the simple options math, the ones granted by the strike prices, they're saying not fair. >> that's right. so again, 16.1 million when you add together that restricted stock as well as those values, the value of those options that have been granted to mr. dimon. >> so, mark, 16.1 m

mat nesto has been looking backwards to find clues. matt are you seeing and how significant in your view is that break in support in 10,065? >> it's going to be significant. but 10,035 is more significant. that marks actually 10%. until we get there, these milestones down, they hold until they don't. this is the sixth time in six months that we've had a drop of 2% or more in the s&p 500. interestingly, if you take a look at what's been going on and with the chart, each time within a week we had succumbed or eclipsed where we were prior to it. that, of course, speaks to a bull market that we had. if you take a look at the longer the selloff, the sharmer the rebound, in many cases it wasn't the last day. it wasn't the biggest drop, but it was one step in a multi-phased decline, kind of like what we're seeing right now. tomorrow we have the jobs data. >> matt, thanks very much. >>> we have the closing bell coming up right after this short break. the algae are very beautiful. they come in blue or red, golden, green. algae could be converted int

over to david faber now for the very latest faber report. >>> thank you, matt nesto. interesting tale of two media companies playing out in the stock market today. newscorp up sharply and actually much of the group also up. not nearly as much as newscorp. time warner, though, perhaps the lone exception after both those companies reported earnings in the last 24 hours. there's a look at news. up over 5.5% right now. the stock as you see above or right around $13.50 a share. why? well, the company reported estimates that were well ahead of expectations and also gave a very positive outlook. it is generating a good deal more in revenues and profits than had been anticipated from its cable networks namely the fox news channel, certainly an incredible powerhouse at that company. and you're talking about a company by the way that's taking it on the chin in a lot of its other businesses that rupert murdock loves, namely newspapers. of course that $60 a share purchase of dow-jones, lord only knows where dow-jones stock would be right now if it still was traded, a publicly tra

i'm matt nesto. they said the facts were going to put him out of business and they said e-mail would be the death of it, but pitney bowes, the masters of the mail machine, fighting back and pushingst way right to the top five of the s&p 500 with a nice fat 7% jump on good old-fashioned better-than-expected earnings. they came in with a 61 estimate. 170% of the average tep-day volume pouring into this stock. it is up four of the past five days from a six-month low. couldn't hate it more, trish, but pitney bowes has the last laugh. >> all right. thank you, nesto. so what's next for stocks here? is the selling perhaps over? joining me right now, bill stone, chief investment strategist at pnc weight management and research financial strategies, good to see you guys. >> good morning. >> okay, jack, are we headed for a correction? >> think we're already about 80%, 90% into a 10% correction. we're only 25 points away from a 10% pullback off the s&p high of 1150. yes they been good news recently and we've se

nesto. and now matt has given you some ideas.'s bring in aaron studwell and jim aorio, director of tjm institutionals. aaron, let me start with you. we were joking this morning. why is it that every time it snows, even in the same year, everyone has to go out and buy another snow blower or snow shovel. where did you put the first one, and yet it happens. >> i have a lot of friends back east. we're down in houston. everybody i talk to back east, they're out of snow blowers. they just can't find any. so it's been real tough for people out there. so we're looking at brigs and stratton, the largest manufacturer of small gas-powered engines. simplicity is the leader brand of snowblowers. there's such demand out east it's incredible. it really is amazing out there what kind of season you've had. >> brigs and stratton shares up. a name like that. you think it can move on blowers like we're seeing in this picture? that matters for them? >> i think it does. i think maybe more hype over substance. and when we get to the end of the -- right