nordstrom, the only department store on the list, has always been a master of hospitality. lately they've made a substantial investment to the website making it an easier place to shop. maybe it's a place you should run to and not go away from. how about whole foods and chipotle? these are both very similar in that they're healthy eating plays that have built up a huge cache of trust with people who want natural and organic foods. when you shop at whole foods, you're not putting anything harmful in your body. that's the point of the good housekeeping seal of approval. chipotle especially makes its customers feel like it's on their side via the food with integrity program. all about finding better, healthier, and more environmentally friendly ingredients. do i need to explain it all? apple, greatest manufacturer of our era, greatest retailer, gorgeous game-changing products, beautiful stores, then there's brown foreman, the liquor company responsible for jack daniels, a terrific sense of what customers want and continues to invest aggressively in its brands while expanding o

for me it is nordstrom. think they're the best positioned. >> murphy, the contraryian, are you picking up nordstrom? >> no. i think macy's has been great all year. we're long macy's we're short jc penney and we do not have the chicken little hat on. the sky is not falling. >> more "fast money" coming up next. next. next. [ laughter ] ♪ [ female announcer ] each one of us is our own boss. ♪ and no matter where you are in life, ask your financial professional how lincoln financial can help you take charge of your future. ♪ >> welcome back to fast money. we're live at the nasdaq market site. take a listen at what jamie dimo narks had to say on the j.m. more gon conference call. >> would this be a j.p. morgan specific issue or a chance that others also have some losses on similar positions? >> i don't know. just because we're stupid doesn't mean everybody else was. i have no idea with other people are doing. >> you've got to love jamie dimon. david's been on that conference call the whole time. david, classic ja

nordstrom was a little bit of a surprise. bottom line here is i don't think anybody is being particularly optimistic on guidance in the second half of the year. finally, imagine this, jim. five years ago, the world's biggest commodities exchange goes up for sale. who wants us? that's what's going on with the london metal's exchange. everyone would have thrown money into these things. the lme is for sale. they're in final stages. they're taking second rounds of bidders. and it's the quietest thing. so bidders are the new york stock exchange, the hong kong stock exchange, the cme and the intercontinental exchange. those are the four companies that are in the second rounds of bidding here. apparently, it looks like the hong kong is ahead of everything. but my point is there's not a lot of enshoes yack because the volumes are down. if lid have been a few years ago, this would have been a freeding frenzy. >> a quick point about kohls. kohls is obviously not taking advantage of it. rich is at the cme group in chicago. go ahead, ric

>> no, four times more period with nordstrom? >> that could be. they are convinced after their research that 80% of the growth for the department store business in the u.s. is going to come from online going forward. so they will always have the biggest part of their revenues in the stores, but the growth is going to come from the online business. they think that's the way to go and will invest behind it. >> i looked upon this as what scott just said as an anti-european bet. i was looking at macy's and jdwn. when you look at the american eagle, which i talked about, to exhausting the point where it's moved from $14 basically to $20 and probably on its way to the mid-20s. do you see a difference moving away from the department stores and into shops like american eagle? >> not when we see the top line numbers that we continue to see here. macy's had a bit of a slowdown in april more related to easter shifting into march. easter shopping shifting into march. mother's day shifting into may. but we are still seeing very good top line numbers from the o

we still do like nordstrom which squnt have a new york store. so we still do like them. and then outside of new york, saks should still be okay. >> as far as that extreme couponing you talked with, obviously a lot of people that shop at a store like jcpenney, that's one of the turnoff, folks that have not really gone with johnson on the direction that he's taking them with their four squared pricing and so forth. how much time will they give him? i know everybody is saying give him a couple years. i don't think he has that much time. >> certainly the time frames seem to have gotten shorter. i think we'll have a better idea next february when we start the anniversa anniversary. they haven't announced what the products will be on the floor. so we need to hear that before we can tell you here's how we feel. >> michael, thanks so much. trade retail for me. >> from what i've heard, nordstrom is challenged on their mo marg margins. if i had to play it, a pick of mine last week because macy's. i'd stay with that. >> i think within retail it is time to bet on the 99th and again

upscale department chain nordstrom fell thanks to quarterly results. arena pharmaceuticals nearly doubled after the bell. they recommended to approve the first prescription weight loss drug sold in the u.s. in more than a decade. >>> overseas, sony tumbled to the lowest level in tokyo trade since 1980 after lackluster profit forecast. >>> the new lead investigator at securities and exchange commission watchdog office was placed on administrative leave after employees complained he talked about wanting to carry a concealed firearm at work. >>> a mother's day gift that will break the bank, $20 million worth of jewels that belonged to the widow of a billionaire is being auctioned off in switzerland all for charity. sorry, mom. not coming your way. >>> the sixers school the bulls. celtics down the hawks. nuggets force game seven against the lakers. plus a historic start to a major league game in an already historic series between the orioles and rangers. your early morning sports headlines are straight ahead. >> your forecast is coming up. you're watching

and nordstrom's disappointing, it's been a bell whether retail player.

are we taking from saks' report, and put together with nordstroms, are we starting to get concerned that high-end is cracking? >> yeah, that was definitely, i'd say, one of the big topics of the call. saks is pretty adamant that that's not what we're seeing. there's definitely some concerns, though, that the new york city store was in line with the rest of the company where that store has been out-performing, you know, certainly as the financial community has been under pressure, the feeling is that those consumers might be reining it in a bit. i think we'll see the company really called out fashion weakness, but they did break down their same-store sales outlook. i do think that there are concerns that we might be seeing a little bit of a slowdown at the high-end. >> yeah, i'm interested, you know, what would that tell you in and of itself, if the flagship on fifth avenue in new york city is just performing like everybody else in their chain? >> typically, that's a poor assassination, and obviously, tip clael a wall street destination as well. so, it could be two-fold, but usually, the

i think nordstrom, which is a buy-rated stock, should continue to outperform.up a very strong 8.5% comp for q1 well above their plan. the consistency of the months of march and april was remarkable despite the weather and the easter shift. they continue to deliver an april comp of 7%. i think nordstrom is in a great place, continuing all they're doing online to continue to outperform. >> let's talk about sears. a rough open for people in that stock. you still have a sell rating? >> we do have a sell on sears. >> and just talk us through -- i think we're coming relatively near to your price target now, $58.77. >> yeah, our price target is around $29, $30. we still have some room on the downside there. i think the point is that while we might see some blips here and clearly sears did a nice job of getting inventory under control. and you saw some better improvements on margin, i think we know how the movie ends here. i think the share donation will continue with sears. i think categories that they have been strong historically, consumer electronics, home, a lot o

>> i do not have any nordstrom shares at this point in time.ave been whittling down my position. i think the stock will probably do well over the longer term, but in the short run they're investing in it technology. that does put a bit of a cloud over it. that's the greater issue, not necessarily the u.s. high-end consumer. >> a tough time nowadays to be a ceo, so we've been asking all day long on cnbc who is having the worst month? jamie dimon and jpmorgan's trading loss to greifeld and the switch on the facebook ipo. mcclendon over his perm borrowing and scott thompson forced out at yahoo! over resume gate. how about johnson at jcpenney's big drop in sales and don't forget you, the individual invest investor. we know what you've been dealing with lately. vote at streetsigns.cnbc.com. coming up on "the halftime report" the best time for you to play japan's debt downgrade. ♪ i'm making my money do more. i'm consolidating my assets. i'm not paying hidden fees or high commissions. i'm making the most of my money. and seven-dollar trades are just

upscale department chain nordstrom fell on late trade thoongs thanks to disappointing quarterly resultsmaceuticals nearly doubled after the bell advisors recommend a government regulators approve what could become the first prescription weight loss drug sold in the u.s. in more than a decade. >>> overseas, sony tumbled to the lowest level in tokyo trade since 1980 after lackluster profit forecast. the new lead investigator at security and exchange commission's watchdog office has been placed on administrative leave after employees complained he talked about wanting to carry a concealed firearm at work. >>> and finally, here is a mother's day gift that will break the bank. an estimated $20 million worth of jewels that belonged to the widow of the late billionaire banker are being auctioned off in switzerland for charity. sorry, mom, we're going to go with the thought that sounts. coming up, in health news this morning, after one death and two severe injuries, 21,000 inflatable pool slides are being recalled. the consumer product safety committee determined the bonsai water slides for ing

those reporting stronger than expected sales, target up 4.4%, nordstrom up 5.3%, and discounter tjx company, t.j. maxx and marshals up 8%. dana telsey is the c.e.o. of the telsey advisory group with us in new york. dana, what worked for retailers in may? >> i think what worked for retailers in may is that you had a holiday in the month of march. you had the benefit of an earlier easter. april you didn't have that, and what you did have in may is mother's day. may 13th this year versus may 8th last year. coupled with warmer weather and the new colourful apparel that is driving traffic, that is what drove sales in may. >> tom: tell us about the roll of gasoline, though. gas prices had been moving lower in the month of may. i have to imagine that put more dollars in consumers pockets. >> we are beginning to see customers spend a bit more on discretionary but in addition to high end, you need that lower to middle end consumer to maintain that level of spending. >> tom: so talk to us about the roll of discounting. we've seen retailers try to hold back on promotional pricing and hold back success

good you go to nordstroms and have one foot that is one and a half size different from another, they'llallow you to mix and match. also, nike allows some custody saigs of shoe size on web sites. >> and what do they do with other shoes? >> maybe someone else has the opposite. >> you can find that person. you're doing a great job. >> there is a final question. she wants to know my employer is announcing they have job openings and i got laid off. is this illegal? >> can you imagine how brutal? there is your job being advertised. here sat deal. it's legal to do it. here is the deal. if you think there is discrimination have you amazing courtroom drama in front of you. you have phone shall evidence there. they're allowed to advertise one job while getting rid of another. legal. >> frustrating. >> odd. >> thank you. >> sure. >> a college track athlete blaming delta airlines for a failure to win a national title. she paid 200s ndz goat her poles from seattle to colorado. the flight arrived in denver. poll dz not. she spent four days trying to track them down. >> and i just kept getting the run

. >> we're not nordstrom, we're not wal-mart, we're not target we're just small businesses and they just ruined everything. >>> i checked in with police about 10 minutes ago and so far things had been quiet here in the mission and the hope is it's stays that way. reporting live, i'm heather holmes, ktvu news. >>> closing argumenting were made in a san francisco courtroom in a triple murder trial of known gang member edwin ramos. the prosecution accused ramos of lying on the witness stand of the shooting that happened in 2008. ramos is accused of killing anthony bolognia in a case of mistaken identity. earlier in the trial, ramos testified he was driving when a passenger in the car fired at the car. >> the evidence in this case, very clearly points out that mr. ramos was in the vehicle, that mr. ramos was the shooter. >> reporter: if convicted ramos could face life in prison without the possibility of parol. >>> an upbeat report today from the nation's manufacturer pushed the dow jones to a 4-1/2 year high. the dow finished up 55 points to close at 13,279. a level last seen in december of

. >> we're not nordstrom, we're not wal-mart, we're not target we're just small businesses and they just ruined everything. >>> i checked in with police about 10 minutes ago and so far things had been quiet here in the mission and the hope is it's stays that way. reporting live, i'm heather holmes, ktvu news. >>> closing argumenting were made in a san francisco courtroom in a triple murder trial of known gang member edwin ramos. the prosecution accused ramos of lying on the witness stand of the shooting that happened in 2008. ramos is accused of killing anthony bolognia in a case of mistaken identity. earlier in the trial, ramos testified he was driving when a passenger in the car fired at the car. >> the evidence in this case, very clearly points out that mr. ramos was in the vehicle, that mr. ramos was the shooter. >> reporter: if convicted ramos could face life in prison without the possibility of parol. >>> an upbeat report today from the nation's manufacturer pushed the dow jones to a 4-1/2 year high. the dow finished up 55 points to close at 13,279. a level last seen in december of

now, nordstrom, this is a miss here and got 70 cents versus 75 cents consensus. revenue 2.54 against 2.55 and expect gross profit to decrease. that stock getting hit hard. and back in march fed chief ben bernanke a peace of their mind. the fed has made the entire market and economy a, quote, hall of mirrors. here exclusively, the founder and editor jim grant. >> thank you for joining us. a hall of mirrors, what do you mean? >> a movie starred jim carey and a guy that didn't realize he was living on a tv set, a reality show. everyone knew except for him, he drove his boat in the lake and the lake is like the painted sky. in a way, the trumman show is the world of finance under the control of sent trcentral banks. it's about the manipulation of the things that we see. having repressed interest rates, the central banks change the perception of every investor towards assets. so what seems cheap may not be cheap. we don't know exactly because we can fund them at zero percent and that to me is an opportunity, it's a danger to what is. >> manipulation. >> it seems to be

this is from nordstrom's. it has the great marine stripe. it has the red grommets. to the cool and for apres pool she throws on the jennifer lopez capri pants and the sandals which are so versatile. >> i love the fact that this is classic but with an edge so you don't look like everyone else. >> and i love ashley. she can drop down the sunglasses because it does have just a little bit of street attitude poolside. >> very nice. thank you so much, erin. and next up, breezy strapless. you can't beat that. and we have anna with this look. >> this is an absolute preview that is from banana republic. this collection is going to come out on june 7th. so mark the calendar. because everything in the collection is stunning. so when she goes to the pool she wears a strapless dress and the tote. and then to dress it up a little bit later for cocktails apres pool you add the belt and the accessories, the beautiful pendant necklace. the bracelets, some sandals and this elevates the entire look. >> endless possibilities. a jacket or a little cardigan. just keep mixing it up. >> sh

some of the big names reporting latest quarterly, retailers looks maky's, kohl's and nordstrom. >>> media join the pa rad. >>> the senate resumes work on -- while republican primary voters head to the polls on tuesday, this thursday's reelection fund-raiser for president obama at actor george clooney's los angeles home is expected to garner some $2 semiwrong, the biggest one-day campaign haul ever. >>> a painting of elvis presley dressed as a cowboy shooting from the hip, is expected to bring in $50 million. long live the king. i'm tyler math i sene. get all your business on cnbc. >>> and lauren and john get started at had:30 in the morning. >>> shaq is now dr. o'neal. the former nba star received his doctorate in education from barry university. he had to crouch down on one knee. the former all-star and nbs earned a come la, the doctoral project explored how humor is used in the workplace. he says next he wants to go to law school. >>> london is holding the final tests at olympic park this weekend. thousands of sports fan braved cold, rainy weather. it was the first time the maid stadium

whereas the macy's and nordstroms of the world, they've already had their turn around. i would agree that they are tough in retail and few and far between but you do have to pay attention to valuation. i mean, when the stock touched 44 during the analysts day, that was a dumb time to buy the stock. >> we just want to point out that the company is discontinuing the 20 cents a share dividend. as a bull on the stock, does that bother you? >> statistically dividends do sell out of the stock but, again, it gets cheap enough and you have a margin of safety and if the stocks trade in the 40s next year you would have had a nicer turn. >> we're back right now with our market guests, wells capital management jim paulson along with jeremy from ubs and our own bob pisani. and management in terms of the ubs wealth management, what are you telling clients to do in that era of certainty and you'll of these regulatory environment. >> as long as it doesn't affect the core overall market, it can be fully vested at a minutement for u.s. ex quit teas. and in the first quarter s&p profits w

the upscale retailer nordstrom says profits rose a modest 2.7%. that was less than wall street -- [ no audio, please stand by ] >>> the whale, named shiewka, has been alone in captivity for six months. an animal activist has started a petition, demanding the park find her a companion. park officials say they still haven't found a whale compatible with shiewka. for now, she remains single. >> very smart. >>> coming up on wjz's eyewitness news at 4:00. exotic animals returned. why the owner has to move them again. >>> will a judge dismiss campaign charges against former senator john edwards? >>> it is clear and sunny outside. can we expect the same this weekend? >> wjz is always on. for the top stories on wjz.com, instant updates and first warning weather all the time, click wjz.com. ♪ ♪ ♪ [ male announcer ] everyone likes a bit of order in their life. virtual wallet helps you get it. keep track of spending, move money with a slide, and use the calendar. all to see your money how you want. ♪ and enjoying it less and less? stop paying for second best

after nordstrom's said the wrong things last night in the conference call i actually liked, but no one else did, we've got to presume that saks will do the same thing. i think home depot on the other hand can finally start talking about tailwinds in housing. will anyone be listening? they should. as for dick's, it sells the hottest of goods, including under armour and nike, but the bar's been set very high. it is reminiscent of nordy's, before the $2.57 it gave up today. on wednesday we hear from a great company, but not a great stock. and that's john deere. as usual, i'm wondering how many ways deere can screw it up this time. back when grains were soaring, almost every quarter was accompanied by disappointing commentary. now grain's getting crushed. tragedy comedy alert. deere reports. target reports too. now, that's different. target delivered really all year, okay? and i think this is one of the cases where momentum is building and will continue. meaning that success could be back in this company's dna. a company, by the way, that i wrote off a year ago, incorrectly. after the clos

also at the conference saying she short apple along with nordstrom and others. he said it looks like death. >> the cage match maybe. >> maybe so. keep that in mind. for every positive there is a negative out there. coming up, apple could make a big move. we are not talking about that. find out what the next guest thinks apple could have this time around. much more fast straight ahead. sadly, no. oh. but i did pick up your dry cleaning and had your shoes shined. well, i made you a reservation at the sushi place around the corner. well, in that case, i better get back to these invoices... which i'll do right after making your favorite pancakes. you know what? i'm going to tidy up your side of the office. i can't hear you because i'm also making you a smoothie. [ male announcer ] marriott hotels & resorts knows it's better for xerox to automate their global invoice process so they can focus on serving their customers. with xerox, you're ready for real business. in that time there've been some good days. and some difficult ones. but, through it all, we've persevered

at nordstrom it was on sale for $65, the same skirt. >> reporter: finding designer deals inside the wallsa favorite store sometimes means getting to know the people on the inside. >> when you go in to buy something, you make friends with either a personal shopper or an assistant and you ask if it's marked down once, is it going to be marked down again and you ask them to hold it for you and give you a call. most people will help you out. >> reporter: next up, hitting the outlets and the offprice retailers like t.j. maxx, ross, and marshalmarshall's. >> it's the same merchandise that other stores are buying but they're able to work it to a better price and get it to the consumers. >> reporter: it can come from a steady stream of clothing because of ordering mistakes or overproduction by the manufacturers. >> it makes you seem smarter and savvier and you found a deal no one else did. >> reporter: smart shoppers also can go to consignment and thrift stores where a $1,000 ralph lauren jacket want for $150. we found banana republic, calvin klein, talbot's and true religi religion. many spend q

several retailers, including target, macy's, tj maxx and nordstrom. the average company saw a 4% increase over last year. and the results could give the economy a much-needed boost. a new report shows the economy grew more slowly than expected in the first three months of the year. >>> and mortgage rates are at another record low. according to freddie mac, the fixed rate on a 30-year loan is 3.75%. and a 15-year loan has dropped just 2.97%. and that's your money watch. for more business headlines, head to cbsmoneywatch.com. at the new york stock exchange, i'm alexis christoforous. >>> well, the youngest contestant ever is eliminated from the national spelling bee. >> engluvies. >> that is incorrect. [ applause ] >> what? i would have given it to her. 6-year-old lori ann madison from northern virginia slipped up when she spelled it with an "e" instead of an "i." she gets high marks and high fives from the other kids who are still competing on espn.com. the winner will receive more than $40,000 in cash prizes. again, most of those kids double her age. >

and nordstrom's disappointing, it's been a bell weather retail player. i'd always like to say there's always a bull market somewhere, i promise to try to find it for you here on "mad money." i'm jim cramer. i'll see you tomorrow. hey, larry, what do you have for us? >>> all right, jimmy, the president goes to hollywood like a star, but it's another distraction from tackling the economy. good evening, everyone, i'm larry kudlow. this is the "kudlow report." our top story tonight, the president at this hour is headed to hollywood, expected to wine and dine and collect at least $12 million. while he's hobnobbing with george clooney, what is he going to tell americans when they complain about the stagnant economy. he blames the republican house, but it is the democratic senate that is blocking the budget, tax cuts, entitlement reform, keystone pipeline, all things that would be good for business, good for growth, good for jobs, and good for america. so why are senate democrats and harry reid locking the economy? >>> also this evening, what went wrong with th

nordstrom, one of the strongest in the month up 7.1%. and discounters, tjx and ross stories as you can see down here below both beating with some decent numbers. it is a dicey day in retail, but many analysts think april was simply an off month and not indicative of a downward trend. look at macy's. shares already shaking off earlier losses trading instead on fundamentals of that company. and kohl's actually up 1.5%. the average analyst price target is about 11% above where we're currently trading right now, 51.46. >> courtney, thank you. shares of herbalife down. another 8.5%. but the knew tragsal supplement maker is trying to stop the bleeding repurchasing 427 million of its shares. now, two days ago as you probably recall, the stock got totally whacked after the short seller, david einhorn, questioned the company's disclosure policy and where the sales were actually being logged. after a solid run up to $73 a share, the stock is down more than 8% over the past -- or this year and about 5.5% over the one-year period. let's go to jeff k

if you talk about nordstrom missing earnings, jc penney is an even more competitive space where everybody'strategy. i'm comfortable being short even if the square's getting squeezed. >> one you want to watch thursday, gap stores on a pullback. you want to buy it. comes out after the close. >> murphy, quick a name? >> jc penney i'm short also. i think it can go lower. but i really think abercrombie & fitch has pulled back about seven points. >> we'll go around the horn when we come back and get final trades. of how a shipping giant can befriend a forest may seem like the stuff of fairy tales. but if you take away the faces on the trees... take away the pixie dust. take away the singing animals, and the storybook narrator... [ man ] you're left with more electric trucks. more recycled shipping materials... and a growing number of lower emissions planes... which still makes for a pretty enchanted tale. ♪ la la la [ man ] whoops, forgot one... [ male announcer ] sustainable solutions. fedex. solutions that matter. not quite knowing what the next phase was going to be, you know, because you been

nordstrom down by about 1% there. whole foods trend to the upside by 7%. >> i want to point out something on public storage, i tweeted this out but it's not the same thing. i went through general motors pension fund, which is a massive pension fund. and their biggest holdings, all of them were reits. the biggest holding was simon property group. but it was amazing, mandy, apple had 29 million shares of the last filing date if my memory serves me correct. they had over 138 million shares of simon property, more public storage than just about every other stock. it's interesting a lot of these commercial reits have gotten a lot of attention. >> they have. i think bob pisani has been beating the drum about this. reits in general have been hitting really good highs. okay. why don't we take a look at the debbie downers. we're calling the wall of doom here behind you. for example, health net, value click, atmel all really tanking. they are debbie downers. >> yeah. terrible quarter for health net. saying there were a number o

so strength at the high end, saks and nordstrom and coach and tiffany, that sort of thing and strengthal, family dollar, dollar tree. one of those will given us their report tomorrow. i do cover it. the stock has been fantastic. i think that's what you'll continue to see. the middle kind of getting squeezed. >> all right. target hopefully bucking that trend just a little bit. its first quarter earnings out. patrick mckiever from mkm partners. >> how determined is angela merkel determined to keep greece inside the eurozone. that's what i asked her. >> reporter: i have the will, the determination to keep greece in the eurozone. i think it would be good for greece. it will be good for all of us. we have to say that then we also have to be able to rely on each other. that is to say, the commitments that we have entered into on both sides. that is to say on the one hand, the solidarity we've shown toward grease and on the other hand the fulfillments of the commitments of the memorandum. they're on two sides of the same coin and they belong together, and i think that this needs to be said ve

nordstrom okay numbers, somewhat uncharacteristic for them. high-end consumer concerned about europe, watching tv and a little concerned about their personal we will being. >> what's going on with the gap, ed? i'm not sure you covered it directly. high expectations based on their previous quarter's reports that it was in the midst of a turnaround. it was the first time in that quarter in over a year that all three north american divisions posted positive comps. here we are with a disappointment. is it too early to say the turnaround was premature to call? >> it might have been a little premature. gap benefited last month from strong collar and bottoms trend but clearly that customer continues to struggle. we think it's too early to call a turnaround. >>> amazon making news this morning. looks like they will start collecting sales tax in new jersey. 7%. good news for the state as they built warehouses. i don't know if amazon is in your universe but i wonder if you think the field when it comes to tax might be flattening a bit across the retail

when you go through nordstrom's change, they upgraded the information technology.here's a long, long way ahead. he may be in day one of what he says is a 29% turn. i think it's a year, maybe two years. and i really like johnson. point blank, i saw him at the white house correspondence dinner. i wish him well, he's a great mind. i didn't know how badly jcpenney was doing before he came in. >> he may get asked about this. >> you know, the conference has always been a place where people present their wares. canadian pacific, a name that achman is affiliated with. upgrade today. i don't like the rails. rails are sensitive to coal. rails are sensitive to ag. deere this morning lowered its prices for what they thought corn is going to be. corn is the bedrock of our food chain. i was surprised that deere is doing that well given the fact that they need corn higher. >> interesting. on facebook this morning, as you probably know they filed increase the size of the ipo to more than $4 421 million shares. it could raise $18.5 million. as the social media giant pushes the ipo,

you want to look at retailers, there have been concern about nordstrom last week and there's more newsoday. sachs told me this morning about women's ware. that's been a pretty good category. let's contrast with the apparel category at dick's sporting goods which was off the charts. this rally tells me that there may be money to be made in those two names. >> what separates those names? is it something inside? is it european exposure? >> i think that the higher end consumer may have taken a bit of a pause and the person who wants to be able to get sneakers and buy out door goods, they played a very strong role this spring. this is a remarkable company, dick's. you've got to go to chopotle. >> in addition to those names, there's some pretty big opens for home depot. we've got all the action covered. live tonight on "squawk on the street" take the privileged 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. tak