oppenheimer could not and oppenheimer could not and with the jewish families. those like of his generation he was preceded by his uncle who were here for 20 years and already established a very successful business, a clothing business. they already moved to the upper west side there was the phrase our crowd those that in to rebuild with the cohesive group of people but to be a part of what centers of the upper west side but those to just come in and and then to be part of that clothing firm to be director of the company and was a wealthy man himself. >> wealthy enough for a whole floor the viable piece of real estate which is where oppenheimer corrupt corrupt, his parents would say he bought them the same day. >> but we overlooks the river a and it was on behalf of the community that but that chess is now famous because it was the home for the centcom will and grace. they lived on the ninth floor. one of these to terminate factors was the ethical culture of society. it grew out to the german jewish community and it was the brainchild of the son of the rabbi whi

let's go to carl oppenheimer to see what he's watching. carter. >> walmart is inversely correlated to the price of crude. this chart shows it as well as any other way. this is a two-year chart. this is crude oil, wti versus walmart. obviously as we see here, this recent spike in crude to 110 a barrel has had an equally and opposite effect on walmart. walmart is reacting quite aggressively to that. if there's more coming, walmart has more down side here. we have broken trend and the presumption of lower prices. take a look at the long-term chart. what we're looking at is another 7, 8% to fall back into the range from which we broke out. 7, 8% move is a fairly small move. for a low bid stock, it's a big move. >> mike, what's your take on walmart and are we getting bearish because of an exepected rise. >> at best, walmart is going to be probably fair market value. if i were to make a bet, i'd go with carter. the options are cheap. i can buy a november 70 put. i can pay $1 for that. it's close to where the money is. it's relatively inexpensive

carter worth of oppenheimer. >> hi there. so we'd say, no, not too late.et's look at a few things and try to figure it out. obviously, great performers. what i have here say one-year chart. it shows how correlated and dynamic these big names are. this is linkedin, trulia, facebook. basically unchanged. no results. yet these are exploding up 100% and 200%. in the last six months, linkedin has underperformed the group. and if you see the stats here, it has been the most sort of benign and we think that's an opportunity. we think it's going to catch up to some of the others. looking at the chart of linkedin, what's important is the well defined levels from which it broke out. when you break out from a range, a period of equilibrium gives way to dis-equilibrium. you only gap with news. it obviously has to be good news. then you get a second gap. often you get a third. that's probably earnings or something like that. another piece of good news. presumptively one more at which time we'd fade the name. play for that third gap for now. >> mike khouw, it's interest

began 12 years ago to review a collection of correspondents and up until that point i knew about oppenheimer the river betty else with a security clearance was taken away but that is all i knew. i did not know he was writing poetry or short stories or expert a french literature but he calls himself sanskrit deeply interested in hinduism and he taught himself to read the classics in their original i did end of this city detail in the thirties and i found them absolutely fascinating there is a really interesting biography after this was published they got in touch to say why

he was just talking about that as well from oppenheimer. times have we bet against boeing in boeing has had its own internal issues and every time they had a bad issue they bounced back incredibly well. twice as high as they fell. >> no issue for boeing. >> doesn't matter. >> let's look at shares of jcpenney. we're watching them in the after-hours session. a filing just made by perry capital slashing its stake to 3.3% from 6.2%. that's the equivalent of a sale of about 9 million shares here. yet another big shareholder seeming to throw the towel out in terms of belief in jcpenney. that's what it looks like on the surface at least. this on a day when jcpenney shares hit the lowest levels they've seen since the first term of ronald reagan's presidency. >> maybe they should start making fighter jets. >> coming up next just in case you missed it we're bringing you today's top moments on cnbc. plus the key meeting between investing icahn inging carl icahn and tim cook. much more "fast" straight ahead. ead. who create powerful strategies for a co

and so he get into the manhattan project security, and he's the guy who's hounding robert oppenheimer and all of oppenheimer's students because 24er7 all from east european stock and he was sure they were going to sell the bomb or give the bomb to the soviets. so he goes with the american army to europe for the liberation, and he's zooming around trying to find german scientists. and he billets with these nazis, nazis who were, you know, using prisoners as human subjects to test their theories and their new drugs and their new supercolds, all that. and he likes these guys a lot. he didn't like oppenheimer, but he likes the nazi scientists because they're anti-semitic, they're nationalists, they're imperialists. and he gets them paper clipped to united states, and they start working in american labs throughout the country. there's 1500 of these guys. also a lot of nazi intelligence guys come in, because they knew the soviet union as they were fighting them. and what you find in the postwar period is this strange uptick in testing on human subjects. in the united states in the postwar p

in studio with us throughout the speech is professor michael oppenheimer.nd you listened to the speech. did we hear today the beginning of what some might call the obama doctrine? >> well, i think we heard reinforcement of the obama doctrine. this is a doctrine of restraint in the use of force. an emphasis on core interests, and being very specific about what those core interests are, in the case of the middle east, they involve proliferation, maintaining oil supplies through the middle east, counter terrorism, and defending our allies. those are the four core interests. >> and some what conciliatory some would say concerning the past, saying we are no longer looking to influence the outcome of these changes in the world, but simply watch them take place and make sure those who want their voices to be heard, be heard. >> that's right. it is a speech that should be quite appealing to middle east audiences, and also to the american audience, which also clearly doesn't believe in using force unilaterally inside of syria, and has the same kind of aversion to th

carter worth of oppenheimer. >> hi there. we would say no, not too late. let's lock at a few things and try to figure it out. obviously, great performers. i have a one-year chart. i show 40u correlated these are. this is linkedin, groupon, s&p 500 technology sector. basically unchanged. no result, yet, these things are exploding up 100, 200%. actually the last six months, lincoln has underperformed the group. if you see the stats here, the most sort of benign, we think that's an opportunity. we think it will catch up with some of the others. looking at the chart of linkedin, what is important here is well defined levels from which it broke out. when i brake out from a range, a period of equilibrium gives way to dis-equilibrium. you only gap with news, obviously, it has to be good news. then you second a second gap. typically, you get a third. that's another piece of good news. you get one more. at which point we would play the name. here now, play for that fourth gap. >> it's interesting how carter focuses on linkedin. it has a different business model. it

but princeton climate scientist michael oppenheimer, who is on the panel, says this is a major wake up call. why isn't there a greater sense of urgency out here in the real world about climate change? >> a concern that is mostly in the future is something you can easily put off and not worry about today. but this is bearing down on us. it's coming at us like a mack truck. >> reporter: so what kind of changes need to be made? how will they affect you? experts say we need to shift to cleaner energy like natural gas, wind and solar, and move toward more energy efficient cars and home appliances, some of this could be more extensive for us, frankly. but it is definitely cheaper than run away global warming. >> they were unequivocal today. >> unequivocal. >> thank you, dan. now to that white knuckle moment at 34,000 feet. the pilot of a commercial jet suffers a heart attack at the controls. the co-pilot takes action. two passengers rush to help. tonight we're learning about heroism inside that plane. and neil karlinsky has the drama moment by moment. >> reporter: chaos in the cockpit, just

. >> michael oppenheimer is a clinicaa--let's take this back t two years now. certainly two years, and can you help us understand russia's option to the u.n. security council sending a message that violence against people cannot be condoned? >> there is a strategic rationale for their position, let's say putin. strategically russia has a stake in assad. it has a naval base, and large investment in the syrian regime, and it wants to protect that investment, and it's not ready to see that regime fall as a consequence by a yes vote in the security double. it supports the syrian in the use of force was on the base of humanitarian concerns. >> and it felt the punishment went too far. >> having voted yes, that then crept up to a regime change mission on the grown, which the russians nor the chinese, feel they never signed on to. they're very sensitive to any possibility of a repeat of the libyan experience. and there is also an attitudinal problem. which is that the russians and putin in particular, does not believe that international authorities ought to be involved

chief investment officer chief fixed income, oppenheimer fund joins me next.at current yields to set you up for the next seg mane. hitting 3% earlier but backing down to 2.9% a lot of volatility today. we can't say it enough. all on the heels of the august jobs report, which to put it simply, was a bummer. we're back with more after this. >> i'm dennis kneale with your fox business brief. ebay is acquiring price forecasting firm, decide.com. "all things d" reports that the startup uses predictive analytics to help consumers figure out when to buy an item. all 26 decide employees will join ebay and build tools to help sellers price their items more competitively. >>> a judge has ordered apple to modify ebooks contracts with publishers. at trial they argued that apple joined with publishers illegally to fix prices with ebooks. never mind it didn't work. spokesman for apple said they will appeal that order. >>> china, the world's second largest economy as one of the top 10 most traded currencies in the world. driven by expansion in offshore trading, china's yuan

. >> professor michael oppenheimer, and marshall shepherd, thank you both. christi?>> well, just days after suspending the entire football team from bad behavior off the field, the utah high school team returns to the field on homecoming night. the outcome? the players say they will never forget it. >>> also, you heard this one, the way to a man's heart is through his stomach wham does this woman do? she started making sandwich it is, hundreds of them. did she get the ring? we find out live. ♪ [ jen garner ] what skincare brand is so effective... so trusted... so clinically proven dermatologists recommend it twice as much as any other brand? neutrogena®. recommended by dermatologists 2 times more than any other brand. now that's beautiful. neutrogena®. ♪ life insurance from new york life can help your family keep good going. then you'll love lactose-free lactaid® it's 100% real milk that's easy to digest so you can fully enjoy the dairy you love. lactaid®. for 25 years, easy to digest. easy to love. >>> well, the tough love on and off the field, should we say, for a

joining us is professor michael oppenheimer. we making too much of this handshake between president obama and president rouhani. >> probably. >> but that's what we do? >> that's what you do. it's theater, but it's important theater. the prospect of these two presidents shaking hands and having a conversation for the first time in -- in -- in 30 years or so, is a very good indication that both countries are ready to talk seriously about the iranian nuclear program. >> but this is an icy relationship that does date back to 1979. so the fact that it is just a handshake, it is really much much more when you think about the fact that two leaders have not engaged in dialogue for almost three decades and yet they are pivotal to that part of the world? >> that's right. this is a critical moment. when this ice may finally break, and we have a very large agenda with the iranians, and a government just elected to office by popular vote, which is making moderate noises about having a serious conversation about these issues. obviously yet to

panel, michael oppenheimer. a professor of geosciences and international affairs at princeton university. professor, welcome to the program. >> glad to be here, ray. >> suarez: what is the major difference, the major refine independent this latest report from the one that repre-seeds. >> there is three new high-level messages. one, it's now stated as extremely likely that most of the warming of the past 60 arizona is due to human activity, and that's very unusual for scientists with a complex problem like this to state something with such a high level of certainty. secondly, the projections of sea level rise in particular are about 50% higher than in the last report. that's because we have a better grip on what the big ice sheets in greenland and antarctica are going to do, and that's a very troubling development because, as we saw in hurricane sandy and other coastal storms, the combination of intense storms with an unusually high sea level causes an extra level, a tremendous level of flooding inland, and is ve

check out barron's cover story which singled out oppenheimer's aggressive $6.5 billion bet nearly 25%portfolio sunk into puerto rico's bonds. manager troy willis not backing down from that, in it to win it and joins us now. why do you find these bonds as attractive as apparently you do given some of the risks that are outstanding? >> the most important things you think about what the government has done, you think they've had two successive administrations on each side of the aisle who are doing the hard work unlike places like detroit. they've done what i call the holy trinity in long-term bond world in the municipal bond world. they've raised taxes, they've reduced spending, and the biggest, most important thing the recent administration has done is attack the pension issues. they are now on a defined contribution plan going forward january moving forward. so they have sort of stopped the bleeding on the pension side which is many steps ahead of where most municipalities are on that front. >> all right. john joins us as well, at the five-star main stay high yield muni fund and you'r

when you take a look back at the manhattan project and robert oppenheimer and all those guys, that's a story that everybody knows, at least everybody who's interested in that stuff knows it. the drama of what it took to build the atomic bomb, to build all this stuff. it is a relatively easy story to tell. the drama of learning how to throw this stuff away once we have built it is equally riveting, equally fascinating, but it is a story that is somewhat harder to tell. in part because it's a really sensitive subject. nobody wants to look like they need help, right? nobody wants to look like they can't handle something on their own. no country wants to look like it has built itself a problem that it cannot manage to fix without help. but these problems do get fixed. we do clean this stuff up. we, specifically, do clean this stuff up. americans do. in terms of nuclear cleanup and locking up loose nukes, we have done it in the former soviet union. we have done it in russia itself. we have done it even in places like freaking mexico city. we did a show from mexico city last year, showing

speaking earlier on cnbc, peter oppenheimer gave his thoughts. >> the sharp selloff we've seen in bull markets in recent months, they've probably peaked out. the bond yields, more tragedy alliance here. a gain in context. just over a year ago looking to our models, treasury yields are two standard deviations lower than you can expect. pretty much in line with where it is. i think the force for raising yields is not there to where it has been through the summer as the tapering debate has come through. >> strategist at monument securities. how important is it summers is out of the race? >> it's important from the aspect that coming off or dovetailing in with the news on syria which is a short-term relief, there is room for a relief rally here precisely at the time where a lot of investors have been looking for putting money in. we shouldn't lose context of the site. it was about the financial markets as opposed to on capitol hill was about the risk because of his previous 125i789s being rather hostile to qe. if he were nominated, that basically tells you where markets are still. you are

andrew berkeley, head of constitutional portfolio strategy at oppenheimer and co. . >>> still to comepost the third straight week of gains? we'll get into that and we'll find out, as well, why the economic freedom in the united states is slipping. building animatronics is all about getting things to work together. the timing, the actions, the reactions. everything has to synch up. my expenses are no different. receiptmatch on the business gold rewards card synchronizes your business expenses. just shoot your business card receipts and they're automatically matched up with the charges on your online statement. i'm john kaplan, and i'm a member of a synchronized world. this is what membership is. this is what membership does. >>> recap of the headlines today, it's the final countdown for germany's angela merkel, taking a look at the first term in weekend electrics. >>> india's new central bank governor surprise wes a rate hike, sending stocks sharply lower. >>> and this as the global federally fizzles out with europe mostly in the red. >>> now, let's remind you what's on the agenda stat

on pen -- oppenheimer, raises to 34 bucks.at facebook continues to soar and test record highs here around get closer to 50 bucks, analysts are still hot on it. back to you. >> very good. nicole, thank you very much. we'll be back to you at the bottom of the hour. tracy: today's outrage over comments from aig ceo. why one top democrat demanding that he resign. that's next. ashley: as we head to the break, look how the u.s. dollar is moving today. a bit mixed. euro and pound up against the dollar. the canadian dollar and peso moving down. the japanese yen moving up. all in all that is what we call mixed, isn't it? we'll be right back. announcer: where can an investor be a name and not a number? scottrade. ron: i'm never alone with scottrade. i can always call or stop by my local office. they're nearby and ready to help. so when i have questions, i can talk to someone who knows exactly how i trade. because i don't trade like everybody. i trade like me. that's why i'm with scottrade. announcer: scottrade- proud to be ranked "best

jerry is from oppenheimer funds.our idea of having a good time is to solve a rubik's cube, you should probably head down to london today. this is where the world's biggest love lava lamp is going to be unveiled. this is our graphic's department's idea of what a lava lamp looks like. do you have a lava lamp around? >> you know, in the late '60s, we had one. we put towels under the door. it was fascinate to go watch. >> towels under the door? >> i don't want to go into why -- well, you know, we had to be a little careful about things. again, that was a long time ago. we were all young. >> okay. >> i was younger then. >> fair enough. i'm not going to probe. >> please don't. my kids might be watching. >> yeah, good. in celebration of that, we're asking you what your favorite et row item was. 1995? that's modern. she says it's still working despite the outdated screen size and she can still get "worldwide exchange" on it. i'd like to get an old fashioned sheepskin coat. that's what i think about from the early '70s. >> i

oppenheimer came out and said that the daily run, obviously the big-name, the gambling capital of the's about 25% so far. rbc said 27 percent. a lot of things going on. from september 19th until the 21st. a legal holiday. october, the golden week. china they actually encourage people to go on holiday. a big demand coming in. the stock is breaking into a huge move right now. the execution is turning around. a swing of earnings misses. i think there will continue to be dead as they do the stock should continue. lori: the driver for quite some time. how is las vegas in and of itself? >> you know, just so-so. every now and then there is a little sign of life and then it fades away. really this is where the growth is. it's just amazing and absolute growth. from now on based on what happens more so. adam: you're looking much further out than just a holiday that there not -- the fall and october holiday. >> and thinking that china will start to ease some of their visa restrictions for chinese citizens going in there and i think macao will continue. this growth has been mind-boggling, but a l

for more, managing director of internet equity research at oppenheimer.? why isn't there a positive response? what seems to be a specifically negative response, that is because of the emmys or something else happening here in. >> look, i think the stock initially reacted on the nominations, as well we already know that netflix has renewed all of its originals for a second season. so in our view the market was already pricing in that. they are successful with originals. last night was probably good from a pr standpoint, for netflix i'm not sure it has a meaningful impact on its stock given that it's going the direction of original. >> that said, when you get netflix talked about even obliquely, jason, at the beginning of the emmys, right i wonder how much is going to filter through into the different way content deals will look over the next 12 to months. >> it's very interesting. "house of cards" was their first on a big deal. actually the way the deal was structured they don't own then tire property. they got the rights for the streaming, they don't own

now, i said that in new york, and a fellow by the name of harry oppenheimer heard me and said would youica. i said i suspect it would. he said "would you come there and make that speech?" well, i did, and lo and behold, it was not long before the movement in birmingham began to sprout some seeds in south africa, and the business community and the movement began to the process -- after the election of jimmy carter -- to get nelson mandela out of jail, freestablish a relatively and democratic south africa. now, i think that more happened here. camearch on washington from here because those students wanted to get out on highway 11 and walked to washington, and that just was not the way to do it. but, what happened was a celebration that we just honored threers later where presidents and the representatives of two others thed with us to commemorate america presenting the negro with a bad check. [applause] was what the speech was about. but my final meeting was easter sunday with dr. king in jail, and they were talking about putting an ad in the paper that got him upset, and he started writi