maybe micron.h its latest quarterly earnings, it was also one of the best performers in the s&p 500 in 2013. and here to break down the quarter is micron ceo mark durcan. such a tired old phrase, mark. you know, i'm embarrassed to say it, but it's not your father's micron anymore. seriously, it's not a memory commodity chipmaker? there's things that go into smartphones and servers now that are proprietary to micron? >> you know, that's exactly right. the memory industry is really evolving, and it's been an exciting ride. i've been in the industry for three years. it's been an exciting ride for the last 30 years. but the business going forward has been much more about memory systems and how do we deliver differentiated products to our customers. yes, we still sell a lot of bits to a lot of folks in all sorts of applications. but the end game for us right now is differentiating our products and wrapping more firmware and software and system functionality into the memory because that's how we're going

i still like micron because it's part of that slap happy oligopoly. after it bought a giant semiconductor that had gone bust. and i like the exposure to flash, an amazing memory chip with ever expanding uses. but, would i buy micron? first, there's no doubt you're coming in late with this one. the fact is, makes commodity chips, so when pricing gets as strong as it is now, someone always blinks and decides to put up more factories to take advantage of higher prices, and the average selling price plummets -- and remember, that is the key metric for chip makers as i explain in "get rich carefully." and that's where we are right now. we're at the precipice right now because we're hearing rumbles of new factory additions. hence why this stock trades at ten times earnings. people expect those earnings to collapse imminently. the saving grace is the skeptics have been saying the same thing about disk drives, western digital and cgate, and they've maintained excellent price discipline. at $22 billion in market cap, i think it might be too late to stay long t

i still like micron because it's part of that slap happy oligopoly.bought a giant semiconductor that had gone bust. and i like the exposure to flash, an amazing memory chip with ever expanding uses. but, would i buy micron? first, there's no doubt you're coming in late with this one. the fact is, makes commodity chips, so when pricing gets as strong as it is now, someone always blinks and decides to put up more factories to take advantage of higher prices, and the average selling price plummets -- and remember, that is the key metric for chip makers as i explain in "get rich carefully." and that's where we are right now. we're at the precipice right now because we're hearing rumbles of new factory additions. hence why this stock trades at ten times earnings. people expect those earnings to collapse imminently. the saving grace is the skeptics have been saying the same thing about disk drives, western digital and cgate, and they've maintained excellent price discipline. at $22 billion in market cap, i think it might be too late to stay long this gem, b

i'm just as surprised as what has micron has done.a lot of what his analysis is is still somewhat suspicious and i would argue somewhat flawed. clearly the glide path looks higher for micron, credit pete and mike murphy who called this from the long side. credit david who identified this. >> simon baker, what do you do with the stock? he's still suspicious, obviously. you can hear the concern in his voice. what do you do? >> well, we've been long on this stock for a while. this is a difficult group in the commodity space to guess ahead of time. it was difficult in the first place. i didn't agree with his thesis when he came on last week in this particular space, if i was going to own a game, it would be qualcomm. >> another big read, that's twitter. another sell rating. there's piling on. i mean, if there was a tackle and sack, you've got everybody on the field jumping on now. >> you almost feel like facebook last year. sell side, went down. hit a low and on the back side. same thing seems to be happening with twitter. it's all about

shares of micron having a huge day after a big 2013.straight ahead on "the half." see you in 15. >> scott, looking forward to it. let's bring in bob pisani with a look at what's moving here at the big board. >> michelle, two clear winners so far in 2014. two sectors. put them up. health care and financials, hospitals doing a little bit better. little bit better clarity on obamacare, impact on them. yield curve would steepen. these are banks. that's a big if right now, whether or not it's going to dramatically help the bottom line. that's what's moving them. starting earnings season tomorrow. alcoa will report. it's amazing how hopeful guys are. long short equity hedge fund traders are by and large. they're hopeful for improved guidance si. they see economic data improving in the u.s., better european data. they talk about more dividend increases and buybacks continuing in 2014. here's the problem i have and this is true. guidance is still conservative. i'm not hearing great commentary about 2014. it's still a little early. and china is

. >> micron. >> i'm not dancing with murphy, but i'm long bhi. unusual activity in this name. >> you're buying more micron? >> financials are strong. buy citi. >> don't smoke pot but buy it. p-o-t. >>> halftime's over. the second half of the trading day begins now. >>> love that last word there. don't smoke pot but buy it. i love it. all right. ten year auction, very important one, could be a market mover. it is happening right now and we will have the numbers for you in one minute. the minutes of the fomc meeting in the hour to come. >>> diana olick has been going on a ride-along with foreclosure investors and she will take us behind the closed doors with the investors as they see exactly what they bought for the first time. they put the money down, all they see is the skin or the pictures of the house. now we will go inside with them. look at google. look at that stock up another buck, almost two. ten year gain up more than 1,000%. near its all time highs today. is this stock worth $1100? maybe even more, do i hear $1200? a lot of big movers to

it's right up there with micron as far as just the expositive move to the upside.rday on that pop, up several dollars. i decided to take some off. i jumped in later in the day into delta and ual on the long side because they sart started to pull back. i think the airlines people don't understand how much leverage they've got. with lack of competition i think there's a lot of upside. >> joe, tempted to do anything? >> added pxd today. it's been lousy this year. down almost 8%. i like it longer term. that's what we're playing for here. i think we're battling with simon minute by minute for last place. >> steph, you've got a big week coming up. you've got citi as part of your playbook. you've got earnings right ahead of us. the banks are going to kick i off. >> we're overweight in a big way on the financials in the portfolio as well. so i think the quarter is going to be good. i think that you're going to see a little bit better capital markets, a little bit better m&a on banking. i think the guidance should be okay. if you get a steeper yield curve from the economy c

we are also watching micron, they are falling. valuation is trading too far ahead of the fundamentals. they expect a solid lead from micron. ♪ >> welcome back. you can also catch is that are later time 6:00 eastern. now for your top headlines. at least six people have been killed and dozens more hurt after clashes flared up in egypt. according to state media, the muslim other hood had a call for mass protest today against the military backed government in cities across egypt. russian resident vladimir putin has made a few rounds on the ski slopes. that is weeks ahead of the winter olympics. he will also be inspecting venues in the coming days. he has found to improve security. a pair of suicide bombings killed three dozen people last month. chicago once again lead the nation in homicides last year. 416. there are signs of progress. that is down 18% from 2012 and is the lowest since 1965. meantime, the murder rate in new york in the late dropped last year. when this storm approaches like the one in the northeast, there is only one

micron, a chip maker also hitting a new high up 11% on micron, look at them go.he left have long targeted wal-mart saying the company doesn't treat the workers fairly. you can bet the lefties don't want to hear this. wal-mart offers its workers better and cheaper coverage than obamacare. liz macdonald, who says they offer better? >> washington examiner, they did an analysis with the independent examination of the health underwriters, found that essentially lower deductibles, lower premiums, free screenings, free vaccinations, free preventive care at wal-mart versus better offerings at wal-mart versus health reforms exchanges. stuart: and i want you to comment on this report we had earlier that the democrats are going to run on the economy. they're going to say that the stock market rally shows that it's a great recovery. what do you make of that? >> it seems like a jedi mind trick. they've been saying it's the economy, stupid. we have bad policies and we need better minimum wage policies and unemployment extension of benefits. i tell you something. nancy pelosi a

laughter) and the show, i got to say, the show doesn't add mir-- does an admirable job of capturing micron kitean news dignity. my cronkitean news dignity. it's funny because the government says so. nation, nation, do you understand what this means? the banquet network ningxia tv reaches more than 400 million viewers. as they say on the banquet, those kind of numbers give me a-- (laughter) the report, the cole bert report now has a serious toehold in china and i'm prepared to do anything to appeal to the largest market be earth. jimmy, let's make our chinese viewers feel right at home. (laughter) oh, hmmmm, hmmmm, i can almost smell my iphone being made. all right, that's enough, that's enough. (cheers and applause) and i have fired jay the intern in favor of a hardworking chinese replacement, gentleman-mess, the intern, everybody, please welcome, there you go. (cheers and applause) ni hao, ja-mes is that how you pronounce it. >> it's jame. i grew up in seattle. >> well could to-- welcome to america ja-mes. >> you want me to go to be i coffee run. >> your people call it tea. and yes, i wou

he's out of micron. but what is he buy right now? the markets very different since "fast money" started. we've been through the financial crisis, lehman brothers and bear stearns no longer exists. general motors has been through bankruptcy and back up again. the nasdaq is up 70%. i turn it over to guy adami. one of the last original traders from that first broadcast to be here on this desk. >> what we set out to do way back when, what do traders do when the trading day is over? what do they talk about? and we try to level the playing field for folks. and i think in a sense we did it. we were the beneficiary of crazy times. and the markets were dicey. that's where we got our sea legs. it's been a great show. thanks to the folks at home for watching. >> there's some lessons we picked up that we tried to educate our viewers on. >> thanks for reminding me of some of those. for me, one of the black swan idea. the absolute worst underperformance month we ever had was september of 2008, when seemingly, out of nowhere, they banned the short

>> we're collecting any particle that is bigger than about 5 microns. we are measuring the ions that are in those particles,. >> dibb doesn't like what he's finding. >> the results that you guys get does it make you concerned about the future of our climate? >> i'm not hugely optimistic. >> more from dibb's findings later and some of his answers may change your thinking. the seachrs mission flies three times a week and so does many of the experimentalists. the flight is not for everyone. the flight continues. >> gets bumpy. >> i even hit my head when i was trying to get back to my seat. >> there are things that are occurring in the air that you just can't see. we dropped like a rock and then you experience zero gs. >> you know what? people is iting down. >> two hours into the mission we're currently flying at just 300 feet over the gulf of mexico. at this height we can fly directly over ships and oil rigs to measure the emissions they put on the atmosphere. >> probably the most important part of this mission is dio laser. sayd is mail. this measures gas

less than 2.5 microns across. meaning you could fit 400 in a single millimeter.mparison, a grain of sand is 20 times larger. particles are small enough to get into the lungs and also into the bloodstream. this kind of pollution is measured by a cubic meter of air. we can visualize that. the world health organization sets a maximum limit of 25 of these particles in this space. brees moreshould not of them over a 24-hour period, but a level of 200 is routinely reached in many chinese cities, with a peak at 800. a seriously hazardous level. key factsntly, some about air quality were kept secret. now, readings from monitoring sites like this, public concern has forced the authorities. this is the center where the measurements are analyzed. officials make sure their own air is kept clean, and there is a purifier. the pollution often gets trapped by the mountains. these are hotspots, including for that small type of pollution. says it should run right along here, showing the severity of the problem. are the authorities doing? first, they are closing down any power stat

as you see micron down 2.3%.he s&p, bank of america, merrill lynch cut into and underperformed from neutral, rbc downgraded the company, and obviously this is on concerns about the mobile industry overall so this is one of the reasons we are seeing the downside and twitter is a great performer today. 30,000 boeing workers voting on an important labor contract that will determine whether the aircraftmaker's next generation planes will be built in washington state. it could cost the state thousands of jobs and. again springer is live in washington to what happens if the union votes the contract down? >> reporter: this is a high-stakes game of poker. the company said it will move the production of the next generation to 777 x and its new composite wing somewhere else and many in this area field an end to the end of the aerospace industry in the area. >> we voted. it is over. >> reporter: we almost didn't get the vote. was a slight in the union about giving members a say. local membership of the international associa

constellation brandsnds and micron. micron tech and constellation are gaining., all-time highs. this has been a great company. they continue to see their revenue jumping chip company, chipmaker. they made a recent acquisition that helped them along. the stock tripled last 12 months and hitting a new high today up 10%. constellation brands thinking of alcohol, one area of alcohol is doing well and raising stock forecast higher here is the beer segment. corona, name doing well for constellation. shares hitting all-time high of back to you. lori: thank you, nicole. adam: if there is one thing kanye doesn't like is gold digging the rapper's attorneys filed a cease and decease letter makers of konye designed with west's image on it. the developers say they chose kanye because this is a quote. trend-setting abilities and originality. scared to identify themselves and face kanye's wrath they altered the look of the coin and released it almost week ahead of schedule. lori: a few other ideas might come to mind. adam: who is that supposed to be with the fish's tale? lori:

caused a stir on walll street after beating expections with rich sales of its biotech soybeans.and microntechonolgy topped estimates on flashy sales of its memory chips. a new study finds a hit super bowl ad does not always mean brands will score big with viewers. in a survey, ad reserch group communicus says the most talked about ads are not always the ones that consumers are going to remember when it comes time to buy.research finds ads have to be memorable and pursuade them to purchase. jeri smith, the ceo of communicus says one of the most successful ads from last year came from budweiser, focused on a man and a clydesdale, reunited. those clydesdale's are so iconic and so linked inexplicably to the brand and its values that when you have clydesdale's you really are talking about the brand. and it was such a charming commericial. but it made people feel good about the brand. smith adds super bowl ads tend to be more effective when linked to the release of a new product. still to come: digital love...the new film our critic is gushing over-- how investors can take a cue from this year'

micron technology shares went wild, jumping six percent, as the company beat wall street expectations in its latest round of earnings. while the container store dropped after earnings , due to high costs linked to its recent ipo. and... sony scores big. in the heated battle between sony's playstation four and microsoft's xbox... sony says its sold 4.2 million game consoles by the end of december...far ahead of microsoft's 3 million. larry shover of sfg alternatives joins us now...hi larry! >>good morning. >>what are you doing to position yourself ahead of the friday jobs number? >>i'm just keeping myself very flat knowing that naything could happen. consensus is about 200 thousand but if we get 150 thousand or 250 either one of those could be negative for the market so i'm just making myself as flat as possible. >>let me ask you about the fed. what will you be watching for from the federal reserve today? >>i think what's interesting is tapering is done. everybody knows about that. i think it's more about the talk if there is any talk with regards to changing the inflation threshold or

. >> qualcomm and look to murph, murph and i have been going back ard forth friendly today but micron, which we've been talking about for a long time but i still think these are fams that can perform to the upside. qualcomm stumbled for a long time. micron as well i think gets up towards 30. >> seema on the blackstone beat. >> strong quarter, profit surging 130%. easily beating street expectations. this due in part to strength in real estate business. profits also soaring in private equity and hedge funds units as a value of assets rose and the firm cashout on many investments. blackstone is a world's largest alternative asset manager. total rose 26% to $265.8 billion. the stock is up 5%. scott. >> murph, bx. >> bx put up a great quarter. this story is far from over. think about it. five years ago blackstone was outputting money to work. what drove this quarter was the performance of their assets on the balance sheet. i think that's going to continue. also, as the markets recover, there's a huge market for like they did with hilton. they brought that company public and realized a huge

68 points, the nasdaq bucked the trend, adding 12, getting some help from a 10% jump in shares of micron technologies. and the s & p off just a fraction. over in the bond market, traders are now convinced that the fed will trim back bond purchases this year so prices on u.s. government debt fell, sending the yield on the 10-year treasury note to 3% for a little bit today but ended at 2.994%. tyler? >>> susy, here with us now to talk more about the economy and how it all fits with this w mart and his outlook for 2014 is richard madigan. he's chief investment officer with jp morgan private bank. richard welcome. happy new year suessy asked if the economy is improving why are stocks tumbling? >> two separate issues, developed markets in the u.s. you've got to put into perspective the sprint that we saw last year in markets. i think people are more tired than nervous. they're processing the direction. but steve touched on this in terms of the adp data tax you're seeing stronger labor markets, stronger growth. people are trying to get their heads around what happens in valuation. but we saw a

we want to play it through micron that builds flash memory chips.ricing power has returned to the sector. ry to get nine times earnings. that is the stock that will benefit from proliferation. >> away from -- partially sticking with the hand sets you like google, don't you? >> google is a complete dominance the online ad spending space. they are building momentum. hey are the dominant player. we really like to company. in this market where growth is hard to come by, this is one company that is growing. >> there are not many company names that -- thank you so much for joining us today. coming up, a good report. profit in one of siemens key units more than doubled. t could help him prove his predecessor wrong. details next. ♪ >> welcome back to "on the move." breaking news out of ukraine. he prime minister azarov has resigned. it is not the resignation that protesters in the streets have been calling for. ryan chilcote has been following this story for us over the last few weeks. let's get his thoughts. a resignation but not the one the protesters wer

it >> micron technology reported earnings. first-quarter sales topped estimates. 300 $58 million.n washington, extended benefits for the long-term unemployed. the benefits that expired on december 28 1.3 million far.cans -- it may not go house leaders to not currently plan to build a vote on that issue. back to you. >> thank you. the growth of online video is exploding. it accounts for more than half of internet traffic. it is according to the latest internet phenomenon report. one internet service riding this wave is vimeo. thank you for being here. >> thank you for having me. it is exploding online. explain for people that may be new to this world of television on the internet. >> it is a video sharing service. quality video sharing platform for both video creators and video viewers. it is internet-based. it started on the desktop, the pc. the migration of internet delivered video to any device, your phone, your tablet, including the television, it can deliver video streams to any one of those devices in full hd quality. >> the you consider yourself a network? way to consider it

micron technology reported earnings after the bell. they said first-quarter sales topped analyst estimates. 300 $58 million. in washington, the senate advanced legislation extending benefits for the long-term i'm next -- unemployed. it will be restored for three months. the move may not go far as house leaders do not currently plan to hold a vote on that issue. here are some top headlines. >> the growth of online video counts for more than half of all the traffic in north america. half. one service that is writing this the chief executive of the company. thank you for being here. mentioned growth. explain for people that may be new to this world of television on the internet. >> vimeo is a video sharing service. what sets it apart is the high- quality video sharing platform for both the video creators and video viewers. basedse it is internet- that started on the desktop but with the migration to any device, phone or tablet or computer, including the television, a cantilever video streams to anyone and the devices in full hd quality. >

micron, one of the best performers of 2014, doing it again, moving higher and the premarket, indicatedlso watching at&t's seeing how investors may react to the news that is trying to get content providers to foot the bill for streaming some of the data. it has not hit in the media industry yet, but it is certainly an indication that at&t is trying to diversify its revenue stream. >> doug from lending tree -- what is your biggest nightmare? what is the exogenous thing you are worried about for next year? >> i think the biggest nightmare would be government regulation. for us, it is all about whether the government is doing something irrational but the good news is i am not too worried. i think we are actually settled. there is so much fighting that nothing will get done, which i think is good. >> thank you so much for coming. , lending tree, really revolutionizing the loan business. >> talking about the changes coming up in the cable industry. $80 billion in acquisitions according to john malone. ♪ >> coming up tomorrow on aloomberg surveillance," young dude in venture capital, he has s

the qualcomms, the jabillss, micron, sandisk. >> qualcomm is a tef flown stock.ome right back because they always do because the company really knows how to guide low and then beat. when i look at some of the players here, micron that will be down for a few minutes. apple has been -- sky works, let's see how sky works is doing, down a buck. you know, the apple breakdown game it's a legitimate game, but what you really should be thinking about here is other forms of tech that are doing quite well. telco equipment suppliers, cisco, microsoft doing quite well. microsoft might be a buy on the way down. it's interesting. it did quite well. micron a glancing blow, not bad. >> you mentioned how the analysts had turned on apple. oppenheimer, raymond james cuts, colin gillis said apple is lagging. are expectations now in line with guidance? >> i think the problem is that people are waiting for carl icahn to get angry. i mean, you know, this is -- all those analysts together, it's kind of like when stalin was challenging the pope, how many divisions does the pope have. you

. >> let's start off with micron technology rising in the after hours session. quarter earnings of 77 cents a share which may not compare to analyst estimates for 44 cents. still, revenues, sales, came in at $4 billion versus estimates of $3.7 billion. those shares on the rise. a programming note, micron ceo mark durcan will be live on "squawk box" tomorrow. moving on, the container store moving lower after hours. posting an 11 cent gain. profits came in at 11 cents. sales coming in light at 188 merchandise. web md moving higher late in the session on a report it sees growing mobile demand and is looking for acquisition opportunities and we're going to end with macao gaming stocks. raising its 12 month price targets for wynn, mgm, and las vegas sands saying chinese high rollers will continue to love macao because it's morphing from a casino-only environment to more of an entertainment hub kind of like what vegas is. nice moves for those gaming stocks. >> dom, thanks very much. >>> if bob doll is right, u.s. equities will see a 10% correction in 2014 but still fi

. >> a drop for micron, down 2%. grasso?ut -- they grossly underestimated, shareholders did, the ability to double market size globally. i would say $30 next stop. profit-taking has to be understood here. the stock is at an unbelievable run. take a little profits. but most of the guys that own it, i think it goes higher. >> and a pop for playing with your food. >> what? >> pizza hut is raking in the d'oh. the pizza chain said it sold more than $1 million worth of pies on its x-box-based app. this marks the 21st anniversary of the first online order, which pizza hut says was ordered through its website in 1994. >> you explain this. the kids sitting at home, just gaining weight by the day playing x-box. >> now, they can order a pizza. >> don't have to get up to dial a phone. that doesn't trouble anybody but me? that's problematic. >> actually just made me hungry. >> see that? >> seems to me, you have a second derivative trade here, weight watchers. >> let's talk airlines. united, delta, southwest, alaska, all hitting highs tod

corporations with america still the number one investor here in taiwan and recording display technologies micron and others along those lines i think um there and very often they have things they like to see happen and we need to listen to what they have to stay in but at the same time we perhaps can make suggestions about how divorce can be when cleaning her good night. we need to take the first break the local entity will be right back. fan. i have. it is. sells. says the sea well come back to the second segment of today's program key on the town while the on post we will. what we'll continue our conversation with dr william stanton who was of course a former director of the american institute in taiwan and curly cat director of the center for asia policy at the national team are universal. bill. this talk about new year's day nineteen as its director. you would hear from two thousand ninety two thousand paul. over the three years. of course you see tremendous progress in us how one relates to us would you mind sharing with us. some of the highlights well when i first arrived here and a long a

i mow enough has liked micron along with pete. i think there are a number of tech names that are going to continue to do well and woog go get the multiple expansions. i believe from a lot of tech firms holding the bulk of that cash, everybody from google all of the way down to apple and it's going to get deployed, some of it, this year. >> two days ago goldman sachs told clients it was time to sell u.s. stocks and look for value elsewhere. but today noted street strategist rich bernstein says good deals can still be found here at home and there is no bubble. rich, welcome to the "halftime show." >> thanks, scott. >> you were listening to the conversation we were having here at the top. before you make the point that you don't see a bubble and where you do see the value, weigh in on this fact of this trend that seems to be consistent with what's gone on over the last year. i have a slow and shallow correction and a ramp right back up with even more speed. is that the way it's going to play out? >> i'm bad short term timer. the leve

micron technology.quipment company falling after a downgrade to a sector perform from outperform. last year, the stock was up more than 250%. >> number nine is twitter. shares are continuing their upward climb. evercore partners raised its price target saying they are in a strong position to capture video advertising dollars. , asumber eight is vodafone they are in early talks to acquire an indian mobile company that would give them a stronger foretold in the emerging markets and create india's largest telecom companies -- company. >> number seven is sirius xm radio with evercore upgrading them on hopes of rapid growth. number six is walmart, as they are recalling dunking meet -- donkey meat. they say they are boosting testing to make sure it is genuinely dunking meet -- donkey meat. >> number five is john the jews. juice.a , generaluing with food mills. they are stopping the use of genetically modified ingredients. they said they are not driven by safety concerns were pressure from critics. >> number t

micron is up today, right? >> let's debate it. >> you still like that name?des. josh? >> yeah. i like first solar on the dip from yesterday. >> doc? >> gds. worth the trade. >> joey? >> i shorted sears today. >> have a great rest of the day. "power lunch" starts now. >>> "halftime" is over. "power lunch" and the second half of the trading day starts right now. >> good tuesday afternoon, everybody. welcome to "power lunch." rally time on wall street. our first big gain for 2014, up triple digits right now. let's take a look at the dow, up 118. the s&p 500, two-thirds of a percent. u.s. attorney going to hold a press conference in just a few minutes on the $2 billion settlement with jpmorgan in connection with the bernie madoff case.

. >> we've got dueling calls on micron tech. valuation appears ahead of the fundamental improvements of the company. however, drexel hamilton, upping their estimates, their target 30 bucks. that's nine bucks more than the stock is right now. >> stock up 205% over the past 12 months. stock three sirius xm radio an upgrade. >> the note says it's time to get bullish on sirius. the valuation call, they like the core growth prospects. the stock down about 15% since their weaker than hoped last earnings call. however, the analyst here at evercorp loves the fact that almost every car is connected to the web or satellite. they think that once people get into -- i can never live without sirius again. trying to get my dad involved as well. cnbc, music stations, you got college sports. >> yep. >> it's a great company. >> indeed. okay. receiving a nice target boost. >> goldman sachs upping their target to 49 from 43. the stock. they think margin expansion will come, easier comps. still on their conviction buy list. >> and then this is the h

isn't it interesting to see that micron and seagate actually advanced and western digital held in pretty well too. we got a bunch of upgrades and price target bumps again today because of this bottoming process. by the way, this is a thesis that is also buoying hewlett-packard. and what dell has been telling people behind the scenes. remember, ibm has no pc businesses and that's one of the weaknesses after the bell. also no revenue growth, no cash flow, no cash flow expansion. fourth positive theme for 2014, more mergers and acquisitions than last year. of course, other than a couple of very large deals, notably heinz and verizon buying the rest of verizon wireless from vodafone, m&a was a bust last year. i know, because i read the deal every day and it looked mighty thin. cyberthin. however, this year, we are already having a potential bidding war for time warner cable. a reminder of the time when foreign companies wanted more exposure to a growing u.s. market. they could be precursors. this m&a theme could help investment bankers like goldman sachs. being number five for the new year,

for every netflix or twitter there's a micron or even facebook is up this year. >> health care. >> in seven days. >> it narrower. >> headline stocks that very, very few profession alimony managers actually own? twitter and linkedin and facebook which has broader interest, what we're saying is those haven't surprised us. those aren't worthy of talking about. you talking about health care, the hospital, those stocks -- >> you're going to have double digit year in the stock market if health care continues to lead? sglds yes. >> health care led last year. >> it's a follow up. >> people have been talking about the rotation, right? rotating out of some of the things that have the laggards. >> the health care sector. i think there's a misconception that it's a defensive sector. a lot of this group is now made up of things like medical equipment, bio technology companies. it's not your grandfather's health care sector and it's not indicative of a defensive market. i think what's interesting is financials have been within the top one or two groups almost every day this year chrksz only means c

also another big one to watch here as well, micron, one of the big memory chip makers out there. this stock was up 243% over the course of last year and now is showing signs of slowing momentum as well over the course of the past month, down about 3%. finally, we talked about delta. phil lebeau mentioned all the flight cancellations. delta stock has been flying high. it was up massively, about 131% last year. but guys, it continues to get better for these guys, better cost control, better labor costs, fuel costs working in their favor. that stock is actually up about 1% over the course of the past month. so guys, mandy, brian, some of the momentum names are slowing but some maybe have room to run. >> thank you very much, sir. >>> a wise man, remember, once said quote, momentum stocks are momentum stocks until they're not. then watch out. that's deep. let's bring in the man who said it, the street.com's herb greenberg, as well as paul hickey. you're trying to contain a grin, if our listeners on the radio could see your face they will know you will say something like i told you so

. >> micron technology down 3%. rbccompany is falling. downgraded the stock saying valuation has got ahead of fundamentals. last year the stock was up more than 250%. >> bp shares are down slightly. a federal appeals court will fast-track the appeal. bp claims a lower court judge that approved millions in payments for economic loss is not linked to the disaster. the oil company says it is paying out nine billion dollars. up satellite radio provider about 2%. upgrading the shares to by for rapidpectations growth. >> i listened to channel 59 which is country, the highway. >> number six. t-mobile. the stock is down three percent. poach t-mobileto customers offering up to $450 in credit for every phone line use whichever. that deal begins today. sprint down four percent after getting a downgrade from steeple. willle says sprint struggle to obtain regulatory approval for its proposed merger with t-mobile. at&t is feeling -- stealing the clients. >> can sprint break-in? it is so far behind. i am a bit jaded. i started this job in 1999 coverings

. >> number seven, micron technologies. revenue topped about $4, moving to billion, most of it based on the july acquisition of the japanese semi conductor maker. >> the container store, reporting its first quarterly results as a public company, earnings beat analyst estimates, but revenue fell short. money coming in through the front door on the top line, consumer traffic at the container store may continue to slow down during this quarter. up nine percent, third-quarter profits beating analyst estimates, the company also raising profit forecasts on stronger outlets for beer business, which is a big deal, this iseen struggling. actually something to highlight for the beer industry. just close the big acquisition of corona in this country. >> the distribution of it. >> with ownership of distribution in this country, as well as the brewery that makes the u.s. sold beers. >> however, it is really specialty beer that i like to drink. stuff? belgian >> yes. specialty beer, local beer, i like going to breweries. >> we digress, w

micron down 60%, a big semiconductor winner last year. >> look at that. that's a random -- i want to do what you just did. how did you do that? i want to make my thing bigger here. that's a random group, a bank, a tech and an oil. >> but they are cyclical. they ebb and flow the most with the economy. with the s&p 500, when we rebounded from these lows, up about 14% by the time it was done. >> thank you very much. appreciate it. sue? >>> let's bring in kenny pulcari and bob pisani to talk about this market. we highlighted the conversation between you and abigail doolittle where you focused on citigroup and they thought things were going to break down. you are not necessarily surprised by today's act? >> no, not at all. yesterday's action, you could almost feel that didn't have the follow-through. if people just looked at the numbers, it looked like they were raging bulls and dying to buy, yet if you felt it in your gut the way you feel it, you didn't have that sense at all. that surprising up move led you to believe that today you would get this. listen, i

if you look at the micron stock, the plaster. -- up last year. think memory is driving the majority of samsung's operating profit growth next year. that is an exciting area. >> you are in asia. what about the big dog in the market, which is china and the battle there between samsung and apple? china, on the smartphone side, samsung is way ahead there. they have over 20% market share in china. apple is significantly behind there. and the main reason is because the diversification of products they have, they always lee still not just high-end like apple, but also mid, low end, low price point phones so they can serve a much redder portion of the population. portion of theer population. the main competitors in china are the local chinese such as lenovo, etc. mark, weyou, appreciate you talking to us on samsung. that's bring in our guest host , allen adamson. you are an expert on branding. what does samson need to do in terms of its brand. it doesn't have the innovative mantra that apple has. >> it is struggling. the wall street journal is to one of

for example, micron downgraded but rbc on valuation.a number of the utilities were downgraded over at citi and bank of america, as well. guys, back to you. >> okay, thank you very much. for more on the markets, let's head back to chicago and rick santelli. rickster? >> thanks, simon. i'd like to welcome richard farr. happy new year, richard. >> happy new year to you, rick. >> listen, whenever i think of jobs or the unemployment rate, the first thing i think of is who are we counting as unemployed and who has dropped out, you know, labor force participation issues. the second thing i think about is richard farr and his research on population growth. can you put all of that together for me? >> i can. brian westburg, on the show a few minutes ago, and talked a great point, the fed growing the balance sheet by 30%, but m-2 money growth is growing at 6% a year, so if qe is working all that much, why is it that money growth isn't growing at a faster rate? you have to put that into context. population growth last year according to the census b