pete? what was your top trade? >> if you look into the financials, you go to to the sub-sector, some of theishness names, you see what we've seen over the last couple of weeks, a lot of options paper and movement to the upside. when you look at a short, radion flying to the upside. but genworth's hit on our systems multiple times, including today. extreme activity to the upside. folks reaching up for over 26,000 of the april 10 calls. that's a name i jumped into, as well. i don't think this is over. i think there's plenty of room to the upside. >> radion, two-year high. what a monster run. tim? >> markets feel nice and fluffy here. i think there's a sneaky pattern. i think the dollar strength, what's going on with commodities is something people should be very concerned about. we've been hedging up. a lot of our commodity exposure is in the form of the mexican peso, yes, the south african ran, the russian ruble. we are concerned by the move in the dollar. i don't think this is necessarily good for markets. i think

pete williams is live outside the supreme court.st on what the white house is saying today. and we're following another developing story. a new jersey dad, father of five, expected to make a big announcement in about five minutes. he is claiming that winning lottery ticket. the largest lottery jackpot in history. plus, bill clinton jumped into the player's race in los angeles. but why? we're going to get the first read with nbc news political editor mark murray. it's all coming up next on "news nation." we're here with laura, talking about the walmart low price guarantee, backed by ad match. there's your price, walmart will match that right at the register. nice! i did not know they did that. wow! that's the walmart low price guarantee backed by ad match! save time and money. bring in ads from your local stores and see for yourself. that's the walmart low price guarantee backed by ad match! looking for a litter with natural ingredients that helps neutralize odors. discover tidy cats pure nature. uniquely formulated with cedar, pine,

this was protection for us as pete said. kind of -- it's what pete was saying.d stuff in place but i'm not going to wait around to see if vol goes higher. if i think the world's getting worse i will then short physi l physical. but if you had puts on you take that vol yourself b.k., your top trade. and are you wearing that bear suit now with -- >> it's back from the cleaners. it's about half on. last night i dusted it off, r5edy to put it on. and the rally today got me -- i'm not quite in that bear suit. >> that was uncomfortable. >> very natural. >> you weren't the only one that was uncomfortable. anyway. >> top trade. >> top trade is gold. i think it's a great time to buy it here. we'll talk a little bit about it later. but really what's happening in europe, since they don't have a central government, every time they come to something they have to govern by brinkmanship, which by definition means the next iteration has to be even worse. and we always saw switzerland saying no, we don't want your cash, negative interest rates. cyprus is an issue. everybody's go

thank you, pete williams. thank you, howard fineman. >>> coming up, the man who shocked america in 2004 when he announced he was gay or is gay. and resigning as governor of new jersey. jim mcgreevey were faced with the same situation today would our greater acceptance of gay rights, would he still feel he had to resign? we're going to get into all those questions. no more law. personal stuff coming up here. >>> also, why would the republican governor of north dakota sign the most restrictive anti-abortion measure ever if he knows it will never survive a court challenge? because it's all about keeping the gop's right wing base quite happy no matter how flawed the legislation is. >>> have you heard about the >>> political news from kentucky. actress ashley judd will not run for the u.s. senate down there. judd was long rumored, of course, to be interested in challenging republican leader mitch mcconnell. but she's passing on that chance. a source close to judd told "the washington post"'s chris silizza the timin

we're trading the action with joe terranova, pete najarian, stephen weiss and josh brown. can we move higher? >> there's a great correlation between the advance of the s&p, and weekly jobless claims getting better. so i think that's something that we can say is fundamental. but we have to agree that the fed is behind those improvements. i think in the nasty headlines regarding sequestration, not a lot out of europe, we could probably continue to dribble higher. but i think today's number was priced in, and we should just respect the fact that we have come a long way, and we're a little bit far from the next earnings season which should set us up for the next leg higher. but we're not quite there yet. so at this point i'm not adding new longs. i'm very happy with the long positions i have. almost everything on my screen is at a new 52-week high if not a new all-time high. >> steve weiss, why not up more? blowout number. >> i think the bulls were being very generous here, giving the bears an opportunity to get in. that window is going to close. for all the talk of analysts,

i'd go with pete. >> send us a tweet @cnbcmoney.e results at the end of the show. >>> coming up on the half, what's the big money investing in now? dr. j with the details of a new billion-dollar bet. >>> and the midcap names, the rally has left behind. intrepid's mark travis is going to be just that with more than $1 billion under management. he'll tell you which stocks are readily to rally. [ male announcer ] you are a business pro. omnipotent of opportunity. you know how to mix business... with business. and you...rent from national. because only national letu choose any car in the aisle. full-size and youor above.rom national. and still pay the mid-size price. i could get used to this. [ man yes, you could business pro. yes, you could. go national. go like a pro. tdd#: 1-800-345-2550 but there is one source with a wealth of etf knowledge tdd#: 1-800-345-2550 introducing schwab etf onesource™. tdd#: 1-800-345-2550 it's one source with the most commission-free etfs. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 one source with etfs fro

first off, pete, do you care? >> yes, i do. now this i do care about.ctor really if you really are a fan of the show, you are the problem. i will come after -- this is something to be outraged and offended about. this is the decay of western civilization as adam levine commented. the idea that, a, some woman would do this with her daughter, this show, b, a network would sell, and c, if people like victor is serious or anyone would buy this stuff, this matters. we should -- it's fine to buy some of this. but if you're not paying attention to some of the important things, then that's the problem. >> i don't know, pete, i need a break sometimes from the serious stuff. >> we do. >> we just identified the problem. >> if this whole honey boo boo selling girl scout cookies, if you want to buy them, buy them from my daughter @petedominick on twitter not honey boo boo who is the bane of america's existence. >> i disagree. >> she stinks, the show stinks, the mother stinks. >> i couldn't disagree with him more. this is a loving family. yes, they live a different l

that's the question, pete, where do we go from here?> the one surprising thing about the market today is the fact the s&p looks so strong. you're not getting the kind of participation we've been getting on strong days in the financial sector. the data has been strong. obviously the data today really giving the market a nice boost. trading relatively flat. maybe up small. in the premarket, suddenly we started to move to the upside. the data has been strong. the pharmaceuticals remain incredibly rezsilient and move o the upside. part of the reason they're going there, scott, people are looking for yield, of course, and looking at valuations. they're not overly stretched. look at the biotech world. go back to the big farm. merck, bristol. go across the entire area. lily. they all seem cheap. that's an area i've been adding to. that along with energy. i'm a little puzzled by the financials right now. >> joe, got to figure we're going to get the record. it's a matter of time the s&p is going to get that closing high. where are we going to go

pete is the bull. is the bear. 90 seconds are on the clock. >> the biggest concern you'd probably have would be asian pacific but those numbers were strong. when you look at what they're projected for the entire year, i look at this company, well, they've gotten through some of the more difficult times. i actually think the markets themselves are starting to improve. i think theati asian markets wi improve. when you're talking about luxury items, those are the beta area when the market becomes more bullish. i think tiffanys goes higher. >> i know it's been a while since you played, okay, but how many fingers do i have up. i won't do the concussion test because i'm not sure you're thinking clearly. look, here is the deal. the company came out and basically their guidance was at the midpoint 7.5% growth in earnings. it's selling at 20 times. you don't need to know anything mosh that. they've had a checkered history. let's go deeper than that. in terms of asia-pacific, they're looking for sales to double

pete? do you agree with beakers or simon? >> i continue to hear the stuff about the bears, i'm going with my european friend, and when you look at what's going on. look at the volatility index, it's signaling nothing but fear to the downside. if we start to see it getting close to that 200 day which is up around 16 around the volatility index, then i might be concerned. it's basically holding like glue to the 50-day moving average. there are no signs people are panicked. still at 1,550 on the s&p. i still like what's going on in the refiners. they continue to hit new highs. i think that trend continues. look at a stock like psx, phillips 66, another name that hit a 52-week high. when you look at where they're getting their oil, out of the bakken, shipped over, actually, it's been trained over by rail for $5. but you've got an edge of $15 to $20, that's why these guys are making money, they're making money hand over fist, i think that continues. >> you're in the camp of bk, right? >> i like

. >> nbc's justice correspondent pete williams live outside the supreme court. before we play another excerpt of the audio, set the stage for our audience, if you will, on thing that resonated from those oral arguments on both sides today. >> i think, tamron, it is quite possible despite all the of the noise outside the court today, about rights and the culture and where we are and where we should go with marriage, that when all this is said and done, the supreme court may produce a ruling that has nothing whatsoever to do with gay marriage. and the reason i say that is because it does seem the most likely outcome for this case is for the supreme court, because there is no clear majority to say that they're prepared to say there is a sweeping right to same-sex marriage nationwide or even in the states that grant civil unions or domestic partnerships like california, nor does there seem to be a very strong sentiment for upholding prop 8. that i think what the court, this is just what's most likely from today's oral argument. that the court will simply say, this c

>> pete williams in our d.c. newsroom tonight.e, thanks. >>> another terrible day in afghanistan. five u.s. service members were killed when their black hawk went down last night in bad weather. officials say it appears to be an accident, not the result of any incoming enemy fire. as we reported here last night, two u.s. special forces troops were killed in an insider attack. both incidents resulting in the deadliest day for u.s. forces in this year. >>> president obama made a rare daytime appearance at the u.s. capitol today. this time it was lunch with democrats after dinner with republicans last week. today's meeting, part of an effort to see if there's some way both sides can find some common ground on the budget. kelly o'donnell following it all for us all day on capitol hill. kelly, good evening. >> reporter: good evening, brian. so why is this such a big deal? senate democrats say the president has not come to see them on their turf since 2009. and while there's some criticism that the personal diplomacy might be about medi

pete, good evening. >> reporter: brian, good evening. this is high drama because the supreme court has never before taken a serious look at the issue of same-sex marriage. so the stakes are high and these cases come here at a time -- right at the time public opinions are rapidly shifting. if this is any barometer, interest is keen. a line began forming outside the court last thursday for people willing to brave the cold and wet for a seat inside. tomorrow the justices take up proposition 8, the voter initiative that stopped same-sex marriage in california. two gay couples in the state are challenging the law saying it discriminates against them for no valid reason. >> i don't see how our getting married would impact anybody else's marriage negatively in any way. >> reporter: but defenders of prop. 8 say it is to protect the traditional notion of family. >> marriage laws are designed to attach mothers and fathers to each other and the children they may create and raise in the best environment. >> reporter: wednesday the court hears a chal

>> pete williams on this still developing story tonight. pete, thanks. >>> now to chicago and the outrage expressed over mayor rahm emanuel's plan to close dozens of that city's public schools. 30,000 kids will be moved to different schools, most of them black on the city's south and west sides. chicago's not the only city where budget problems are forcing big changes in the public schools. our chief education correspondent rehema ellis is in detroit tonight after an all day conference as part of our education nation initiative. good evening. >> reporter: good evening, brian. detroit is like a lot of cities struggling with budget deficits and closing schools like the one behind me. proposed shut-downs in chicago are more and bigger than any city has ever attempted all at one time. outrage intensified as word spread. 54 public schools in chicago are slated to close at the end of this school year. >> my child has been here since he's been going to school. >> it's so sad to think that they are all going to be separated. >> reporter: the city i

>> does that mean you're with pete the bull?a. >> we want to know who you thought, you out there, tweet us, we'll have the results at the end of the show. >>> you tweeted us your questions, we are answering them. if you have a question, send them to us. clients are always learning more to make their money do more. (ann) to help me plan my next move, i take scottrade's free, in-branch seminars... plus, their live webinars. i use daily market commentary to improve my strategy. and my local scottrade office guides my learning every step of the way. because they know i don't trade like everybody. i trade like me. i'm with scottrade. (announcer) scottrade... ranked "highest in customer loyalty for brokerage and investment companies." a talking car. but i'll tell you what impresses me. a talking train. this ge locomotive can tell you exactly where it is, what it's carrying, while using less fuel. delivering whatever the world needs, when it needs it. ♪ after all, what's the point of talking if you don't have something important to say

nbc's pete williams in our d.c. newsroom with more on this tonight. pete? >> reporter: brian, some family members of people killed on 911 are saying they don't like the idea in addition to the federal air marshals. the tsa announced yesterday that starting april 25th, airline passengers can carry on knives that have folding blades up to about 2 1/3 inches long. slightly more than the height of a dollar bill. knives with longer or locking blades will still be banned. so will box cutters and razor blades. a representative for the nation's federal air marshals who are responsible for in-flight security describes them as being, quote, very upset and says the decision puts them at greater risk. relatives of some of the 9/11 victims say a pocketknife can be just as dangerous as a box cutter and a group representing flight attendants say they plan to stage demonstrations when the plan kicks in next month, hoping to get it rolled back. but some security consultants call this a welcome change. they say it frees up screeners from having to search for pocket knives an

when we finish working on the pete allocation budget but we have to get through that process first. in addition, specifically with elementary arts, we have art is a unique situation just as secondary. science is unique in the fact that art has credentials for a specific discipline. so, for example, you have visual arts and you have a credential and that may cause complications because we don't know which schools are going to request at this point in time so we don't know if they will want an additional one day of music or one day of visual art and a day of drama or what. so we have to wait to get through some of those decisions before we can have final numbers. for example, last year, we under predicted in art. and so, we from central office had to carry two art teachers throughout the year. and so you know we tried to get it as close as we can possibly get it and use, you know, the experts and take their advice, but we tried to get it as low as we possibly could and this is the number that we came up with. >> are you satisfied mr. haney? >> yeah. although, i did want to bring up be

then there is pete of fast money fame.e hit for the golden gophers of the university of minnesota, the tampa bay buccaneers and then the minnesota vikings. he's a 6'2", 235 pound former line backer. >> and one of the forces of nfl films, mr. birdsaw. pete is expected to join us in just a moment. jeff, i got to ask you, how many concussions did you have during your football career? >> i only had two documented. all jokes aside, this is a pertinent topic and i'm happy to see that they are addressing this. athletes are getting bigger and stronger and the collisions are getting much more severe. >> there are critics who say, jeff, that in trying to make the game safer, commissioner goodell is at risk of making the game more boring. do you agree with that? >> well, that is the conversation out there. but from a former athlete perspective, i disagree. i think there is still an electric pizazz to football. i don't think you're going to lose that game with a safer helmet. they will look the same, maybe shinier. but the fans will g

nbc news justice correspondent, pete williams.who is your vafd the vote as a panelist survivor, wall street news columnist peggy noonan and joining us actor rob reiner. mr. reiner, thank you. >> thank you for having me. >> pete, i want to make you do your correspondent job. what happened this week? where's the court? >> well, what i think we're not going to get is some sort of sweeping ruling on same-sex marriage. we're probably not going to get some sort of sweeping ruling on prop 8. on the prop 8 case, the case from california, this is the proposition passed by 52% of voters that stopped same-sex marriage in the state. it seemed like the supreme court is just not ready to rule one way or the other on it. they're going to find some way to send this case back to california stamped incommittee either by saying that the prop 8 proponents did not have the correct legal standing to enter the court in the first lace, or they're just not ready to decide it. people may think that's weird but the security doesn't have to take any case and

i agree with pete with fundament fundamentals. higher volumes and obama care, additional filers. so have you a secular trend here going their favor. yes, it is not expensive -- yes, it is not cheap. but i think if you get a pull back, that's why you want it buy the stock. >> well, when you the viewers ask, we deliver with stocks. trade for stocks that lit up my twitter feed. nvidia, netflix, phillips 66, tesla. - ey are up and paul, so are >> look at oracle, look at performance. i think is going higher. >> phillip 66, steph? >> hard to buy here in my opinion. but they have good restructuring. they can sell california stocks. but i wouldn't hold it here. >> if you are in the name, i would take profits. this is one of those instances where it is a a great company but not a great stock. i don't think there's enough market out there for their stocks -- for their cars at this point to support a $40 stock. >> and switcheroo, netflix. >> i would call to the charge here. you see the $175 level. technically speaking that's very important.

pete, good evening. >> reporter: brian, good evening. tsa says this will relieve the screeners from having to search for small knives and other objects that cannot do catastrophic dame to an airplane and to focus instead on the much more serious hazards. starting next month, tsa will partly lift the restriction that's been in place for 11 years, blocking passengers from bringing knives on board. it's an effort, says tsa, to devote more attention to the most serious threats. >> we are trying to focus on the highest risks, that being the non-metallic improvised explosive devices. and we don't want these small knives, pocket knives or the sporting equipment, to be a distraction. >> reporter: the change also brings the u.s. in line with the international security standard, allowing knifes with blades up to 6 centimeters long. under the new rules, passengers can carry on knifes with folding blades that are no longer than about two and a third inches. that's six centimeters and blades no wider than half an inch. it will still ban knifes with b

pete, give us three picks. >> that's easy, mandy. we think we should anticipate the next upturn in the market. we are looking at cisco systems, prax air and basic lay follow-up there. marathon petroleum. basically a north american story now. >> marathon is up 39% on the day, though. you still get in on these levels, pete? >> would. it is a break out. when they split that company out, have you assets that are undervalued. not really well analyzed. as north american story unfolds, as the natural or the nongas liquids, basically become a feed stock in north america. a huge crack spread opportunity here and when you get a domestic play like that, they could see a really long period of very outsized earnings gains as the economy begins to accelerate. >> barry, give us your slice. three slices, please, if you can. >> sure. you're nighted per pute iks, vascular research and and product development. they are doing well. all these are cheap and going up in price. those are qualifications. and financials with the fed doing what it's doing in t

. >> pete? >> ennis is right but go with blackstone. it's going higher. >> doc? >> state street. >> murph? >> ingersoll rand. >> follow me on twitter. have a great rest of the day. "power" starts right now 37. >> thank you. we start with breaking news all over the financial world. the markets are up big across the board and, in fact, we're closing back in on the all-time s&p high. we're waiting on the fed's decision. that's less than 60 minutes away. plus, big news from russia and cyprus as that nation's financial structure is on the brink. the implications for europe and the u.s.? well, who knows. tyler is going to lead us through that. we're going to start with bob pisani. risk seems to be back on in the market a little bit. >> that's a good point. for a long time the bears have been insisting that the global economy is not as healthy as this teflon stock market in the

pete, good evening. >> reporter: lester, good evening. this is the first time the supreme court has delved into the issue of same-sex marriage and is considering challenges to two laws -- the defense of marriage act that blocks the federal government from recognizing it, and prop 8, a voter initiative that stops same-sex marriage in california. two gay couples in california are asking the court to strike down proposition 8 enacted by state voters in 2008 to prevent people like them from getting married. >> we're not out to redefine marriage or topple the institution. we are out to be a part of it. >> reporter: their lawyer says there's no valid reason to forbid their marriage because it would have no effect on straight couples. >> proponents of proposition 8 still haven't been able to come one with an argument as to why for all the good things about marriage we need to keep people out who want to get married. >> reporter: nine states now allow same-sex marriage along with washington, d.c. 38 others ban it by law or constitutional amendmen

our justice correspondent pete williams. pete, thank you as always. >>> turning to health news tonight, there doesn't seem to ever be enough good news on the cancer front. we have progress to report tonight. a new government report projecting the ranks of cancer survivors will grow by nearly a third over the next ten years to 18 million people. this means people are living longer, of course, after a cancer diagnosis. and an early warning about the risk of getting cancer will help which brings us to the bigger cancer news tonight. it has to do with the diagnosis and treatment of some of the most common and deadly forms of the disease. our report from our chief science correspondent robert bazell. >> reporter: it is a trove of new genetic information about cancer that could soon help millions of patients. julie oberding was diagnosed with a precancerous breast lesion. the question for her and her doctor, does she need extensive treatment now or can she wait? >> those of us who take care of high risk patients are in a dilemma a

a little pete time. pardon the familiarity. you just enjoy your coffee, sir, while i tell you a funny story about my friend's cat. his name is mr. wiggles, and his cat's name is benson. - where's liz? i need to speak to her right away. - i guess that's the end of pete and kenneth time. - liz, she's here. verna's here. my mother is downstairs. - are you sure? - i didn't see her. security called. she was trying to use an oxycontin prescription bottle as i.d. - that's verna. - oh! - so is she coming up? - are you kidding? i told them to throw her off the property. but i'm sure she's down there, sitting on a curb, chain-smoking, and waiting for me to come out. just like the day i was born. - wow. look, jenna, i know that she's no prize, but no matter what, verna is your mother. don't you want to have a relationship with your mother? - this isn't a relationship. this is some woman who shows up every couple of years to ask for money. to her, i'm just a gorgeous, naturally-blonde atm. - you know, my mother and i sometimes didn't see e

so this debate, i agree with pete williams.me court was scared to take this on, but the fact of the matter is, it has been taken on, and there will be gay marriage in this country without question, because we cannot look at our fellow citizens and say that they deserve less than we in the heterosexual community. it just doesn't square. >> and something we found in the "meet the press" archives having to do with the civil rights movement in this issue of "patience or not." jackie robinson was a guest on "meet the press" in 1957. and i want to play an audio excerpt of it and you will hear jackie robinson asked about this issue of whether african-americans should be patient when it comes to certain rights issues. take a listen. >> how do you answer those people who insist that the naacp is moving very, very fast to get the rights for the negro but seems to be doing not enough to impress upon the negro his own responsibility as he gets these rights? >> when they say that the naacp is moving too fast, you know, i heard that, mr. spi

. >> nbc justice correspondent pete williams live outside the court. pete we heard from the plaintiff. people involved here. but what is the impression from the court? the justices today? >> i think there are five votes to strike doma down for probably two reasons. several of the justices believe that it is a discrimination. that the congress has no legitimate purpose in refusing to recognize the marriages of same-sex couples while recognizing the marriage of opposite sex couples in those nine states and district of columbia where same-sex marriage is recognized. frankly, the court did not spend a lot of time on this argument, although several liberal justices, and you mentioned some of them, justice kagan, saying that the congress was ablgting with moral disapproval. didn't spend a lot of time on this issue. what seemed to be the big question for the pivotal vote, justice anthony kennedy is a slightly different issue. that's whether congress had the power in the first place to pass this law. given that congress has traditionally deferred to the state'

pete's the bull, doc's the bear. >> it's tough to find a lot of bullish sides to this. but the price matching strategy is working for them. the fact that they closed underperforming stores is a huge catalyst. and they're starting to do more and more on the online world. the revenues are now 11%. when you look at the square footage, they're outselling home depot. there's a lot of different things positive for a company that i'm like everybody else, i was bearish on it. >> but losing is not winning. so the fact that everybody says they're p & l, there was no profit. they lost $400 million. they have $2 billion in debt, which is one of the reasons the founder couldn't take them over. lastly, they just had their super bowl, christmas and the super bowl, come in the same quarter for them. now they have to grind until the next fourth quarter. that's when they get to hit it again. >> cramer made the point that there is room for one of these guys. it's also a housing play. more people are buying houses. you'll fill your house with a tv or an appliance.

pete, do you take profits? we have earnings in front of us here. what's the best play right now. >> i've seen no reason to are me to take profits yet. i still think there's upside to this marketplace. i don't think we'll get to the 1700 number we heard yesterday. i think there's upside right now. when you look at the financials not participating, the last couple of sessions that's slightly concerning but at the same time there are other parts of market that are continuing to work to the upside. you're seeing flows into certain parts of techs. that's critical toll market as well. also as you're looking across you're looking for opportunities. i think there were plenty of opportunities today on the early sell offwe had, a few opportunities, not just in the financials but technology specific. when i looked at intel, plenty of options that got me back into a name i've been out of for a while. i think there's upside. >> murph, aren't you getting concerned we can't push past the s&p record. we keep falling back. >> not at all. echoing what pete was sayin

joining me, pete williams.m "the washington post," the supreme court may choose caution over boldness, that's what it reads, with an overwhelming number of states outlawing same sex marriage, while public opinion heads the other direction, when you look at this sort of headline and the numbers coming out right now, this is really the week for marriage equality. what's at stake when you look at this at the moment and are we getting early signals from how the justices might go? >> what's at stake here is directly the prop 8 in california, which stops same sex marriage in the state after about six months. the question is will the court go broader than that. here is the range of things it could do. could uphold proposition 8. if it did, advocates would try to go back to the voters, have another election on whether they want to keep it, and based on polling numbers you've seen, perhaps it would come out differently. passed by 52% of vote in 2008. or the court could strike it down. if it does so narrowly, same sex ma

pete, what was going on? >> i think they have two problems with it. one is that whether the prop eight proponents have the legal authority to bring this case, given that the state folded up and said, you know, we think it's unconstitutional, too, and we don't want to do anything about it. so there's that question about whether they have the permission to come into the courthouse door. but secondly i think there's a more basic thing here. i think when the justices got looking at it, they said, you know, we're just not ready to decide this case. they think to themselves, either as they listen to the don't think we have five votes for anything here, and so maybe it's just better to punt and let this issue come back to us later doyle: let's hear what the justices had to say. >> tradition marblee has been around for thousands of years. same-sex marriage is very knew. i think it was first a-- new. i think it was first adopted in the netherlands in which to. so there isn't a lot of data about -- in the 2000s so there isn't a lot of data about its effect. it

here for a impressive view, nbc news justice correspondent, pete williams. pete, good morning.eek. set the stage for us. >> reporter: right. well, both cases basically raise the same constitutional question. can the states or the federal government, under the constitution, discriminate against gays and lesbians but not either recognizing their marriages or permitting them to marry. the advocates of proposition 8 say yes. marriage should be the tradition should be observed, we shouldn't rush into this. and marriage should be limited simply to men and women, because of the fact that they can produce children. now the opponents of that say no, there's no good reason to limit it. if you allow gays and lesbians to get married, it doesn't hurt the marriages of straight couples. it has no effect on it at all. and had, in fact, enhances marriage. slightly different issue in prop -- in the doma case, chris, because there the question is, if a state does decide to grant same-sex marriage, can the federal government refuse to recognize it, and there's a question here about whether the gov

maryeavers, pete seeger, used to say if you seen, you have to lift me. turning point came at the march on washington in 1953, and i remember when we were singing, people knew this song. it had been a big hit. us, andvis introduced he said, what should i say? a music groupr that will express music. we were not there to entertain. we were there to express and to join other people. get all of a sudden, a quarter million people were singing the song. ♪ if i had a hammer, i would hammer in the morning, i would hammer in the evening, all over this land ♪ ♪ i would hammer out danger allwould hammer out love and andthis land ♪ ♪ i got a hammer and the bell ♪ and the song to sing all over this land ♪ ♪ it is the bell of freedom ♪ is the song of love between brothers and sisters all over land ♪nd, this .avis: you still got it, peter >> pete seeger is 93. >> i had him on the radio show. we talked about you and the group and this song. down,se songs get handed and they get changed by each generation. . was there three days ago it is called the faith and politics pil

pete najarian, what was your top trade? >> my top trade stays in the energy space.iously today, a little brit less participation. but take a look at some of these pipeline plays, when you look at oks, one of the 2345i7names hit time and time again. whether it's the refineries going into the service sector, we've seen every sector in that space moving to the upside. energy is one of those sectors moving to the upside. i think some of those reasons make a lot of sense when you look at the pipeline plays, huge dividend yields, valuations that still seem reasonable at this point in the game. i think this is one of those names that actually got a lot more to the upside. we had may 60 call in yesterday. >> guy, you're going health care. >> we've been health care for a while. we talked about tenet health care before they reverse split. people said there's no way they could survive post, post split, and we disagreed. up 2% today. the momentum's cleared behind it. short term the stock is going to continue to go higher. valuation may be getting a little rich, ybut i think the

we are looking at pete.s going on, that sort of yellow gray thing at the top and take us through how it works. >> yeah, so this is a simplified diagram of how the physical process would actually work. we have two parallel plates of materials, in this case a semi conductor. as the light comes down on to the top material, it excites the carrier's electrons and heats up the material at the same time. if it gets hot enough, it actually emits those materials into the vacuum group between and is collected at the bottom electrode. this is kind of like what would happen in your old t.v. with an electron beam coming out hitting the material and hitting the stream. all the waste heat then that is not used in the electricity production is actually dumped down then to a steam cycle below it. you can maximize the total yield of energy you are getting out of the system. michael: it only takes to a scientist to realize how little one knows, because this is amazing stuff to me. the current efficiency of these let's look at

pete talks about the fast money in the marketplace. some of the longer term money now is in trouble because they're underinvested right now. if you talk to the institutional side, they keep looking for the pullback they never seem to get. . they want to add to financial positioning but they don't get the opportunity. in the coming days you're going to see next week, the meeting, nothing changes there. you talk about global central bank easing. next week you'll have the indian central bank actually lower their interest rate. >> what slows the move? you hear from a lot of people they're still bullish. they're willing to ride the market but they're not necessarily willing to put new money into the market. that's probably kept a cap on things a bit. >> i think the important point here is the macro economy is not the stock market. some perform much better in the last three years than the general economy has done. i think part of the problem or potential problem going forward will be earnings. the end of 2011 to 2013 we haven't seen much s&p

pete, good evening. >> reporter: brian, good evening to you. it did appear yesterday that the justices were looking for a way to rule narrowly on prop 8. today they seemed bolder. it does appear that at least five of them are prepared to say doma is unconstitutional and strike it down. gay rights supporters at the court cheered the 83-year-old new york woman at the center of the case, edie windsor.

pete williams, thank you very much. you back here tomorrow as the high court takes up doma. as you said, thousands of demonstrators on both sides of this debate are staked out in the capital. here's a look at them in their own words. >> prop 8 has got to go! >> they chanted every child deserves a mom and dad. mike is a correspondent with the "huffington post." he also produces huff post live. we talk about yesterday the idea that because public opinion had moved so dramatically so quickly on this issue, maybe this would have the effect of giving the supreme court the idea that they are less pressured to rule on this at all because the democratic process is clearly working outside of the court. do you think that it is possible and so they'll sort of take a step back from this, or do you think they want to get out now on public opinion and accurately reflect the sentiment of the country right now? >> reporter: until justice kennedy said maybe we should dismiss this case, it seems the court was looking to get out ahead of

pete williams, thank you. >> you bet. >>> picking a new pope.y but surely cardinals from around the world are convening in rome. we're live there next when the secret papal conclave might begin. >>> and we're keeping a close eye on the weather as it worsens all across the east coast. at a hertz expressrent kiosk, you can rent a car without a reservation... and without a line. now that's a fast car. it's just another way you'll be traveling at the speed of hertz. bjorn earns unlimited rewards for his small business. take these bags to room 12 please. [ garth ] bjorn's small business earns double miles on every purchase every day. produce delivery. [ bjorn ] just put it on my spark card. [ garth ] why settle for less? ahh, oh! [ garth ] great businesses deserve unlimited rewards. here's your wake up call. [ male announcer ] get the spark business card from capital one and earn unlimited rewards. choose double miles or 2% cash back on every purchase every day. what's in your wallet? [ crows ] now where's the snooze button? [ crows ] ♪ ♪ no two peop

we'll have texas democrat pete guyago. what would he like to see happen on immigration? >>> plus, could a brazilian pope help strengthen u.s. ties to latin america? a deep dive into that possibility and what the changing political landscape in latin america holds after decades of sort of cold war-style american treatment of the political situation down there. but first, a look ahead at today's politics planner. you know a lot about what the president's up to today. a meeting with business leaders, talking about immigration. they want to make the case that they're doing other issues, besides the budget. not sure the public is hearing anything other than the budget. you're watching "the daily rundown," only on msnbc. [ tylenol bottle ] nyquil what are you doing? [ nyquil bottle ] just reading your label. wait...you relieve nasal congestion? sure don't you? [ nyquil bottle ] dude! [ female announcer ] tylenol® cold multi-symptom nighttime relieves nasal congestion. nyquil® cold and flu doesn't. ♪ the middle of this special moment and i need to run off to the bathroom. ♪ i'm

pete williams is inside the courtroom. he joins us now.at came up, and how heavily was the 1967 case, loving versus virginia, referenced? >> reporter: let me begin at the beginning. i obviously haven't heard any of what you said before. i just got out of the argument. let me give you what i think the bottom line is. number one, it's quite obvious the u.s. supreme court is not prepared to issue any kind of sweeping ruling about gay rights. no member of the court seemed to be very interested in that. secondly, the supreme court, both liberals and conservatives, seems to be worried about writing a decision that will apply to any state outside california. now, the proponents for the four gay couples that brought this case are really urging the supreme court to say that marriage is such a fundamental right that no state can constitutionally deny same-sex couples the right to marry. there seems to be very little eagerness for any members of the court to embrace that broad of a ruling. so then you go to the fallback, which is argued by the obama

i still like the job. ( garbled radio transmission ) what's up, pete? got a call of a burglary in progress in our area. complainant says he's standing by out front and the party is still inside. unit 25. snyder: what did you say? what were you guys doing over there? you-- get your hands up. spread them. i didn't do anything. i was just going to... corr: get over here. back away from him. ouch. that's my wallet. what's it doing up front? it's a big wallet. what were you guys doing over there? we were going to champion's. let's see your i.d. no problem, man. man: it's a long wallet. i just didn't want to carry it up front. ( man speaking ) snyder: all right. these are the guys that were around there though? yeah. all right. let us know. what did we do, man? i don't know. you tell us. we were going from... what happened over there? nothing, man. why did someone see you over by ( blip )? corr: kicking in the door. kicking in the door? yeah. you tell us. no. we didn't kick in no door. what did you do then? we're just walking from there to here. you say you'r

yeah, well, pete found it. show him the dynamite, pete. can't you do something to help me? the deep focus was used in conjunction with wide lens. it was also used as a way of staging a scene without having to do a lot of coverage. a foreground actor would appear quite close to camera, a background actor would come in. they play a dialogue scene in one shot, the two actors, not looking at each other. foreground actor looking out this way, the background actor looking at the back of an actor's head. they can't see each other, but are in a scene together. i'm here to arrest you. (john bailey) it's fine for the audience because they can see both. and the conceit seemed to work. it wouldn't work today because you'd want close-ups, you'd want to see the actors turn to each other. but it was a common method of shooting sometimes a three- four-minute scene in one shot because they had very short shooting schedules. get the young lady. anybody making a b-picture wanted to make a-pictures. so what we were trying to do was to impress somebody, usually the executives at the studio. and

oh, for pete's sake, clyde. you just went! well, clyde, if you like the plane'arium so much, perhaps you'd like to do some volunteer work here. yes. yes. please! me too! me too! i want to do it! i'd love working here. yeah. me too. planetarium's gay. mr. garrison? i guess i could give them extra credit for it. excellent. why don't we step over here, and i'll show all you children how to volunteer? whoo-hoo! yay! dude, this isn't right. what? we don't volunteer for anything. oh, yeah. come on. we got to see what's going on. here's the control panel that operates all the stars. kenny, you go out there and tell us what you see. mrph rmhmhm rm. mrph rmhmhm rm rmhmhm rm. he hits this switch. [ clicks, hums ] mrph rmhmhm. you see? nothing, dude. just a bunch of stars. yeah. i guess so. [ clicks, humming intensifies ] mrph rmhmhm! what does that do? i don't know. [ humming intensifies ] kenny, what's it doing? mrph rmhmhm rm! this says "maximum." mrph rmhmhm rm! mrph rmhmhm rm! mrph rmhmhm rm! mrph rmhmhm rm! oh, my god! we've killed

they pete maryland.orth carolina a and t also won beating liberty 73-72 the first ever tournament victory. president obama presidential dutys to make his final four picks. he is predicting louisville, florida ohio state and indiana will reach atlanta. president doesn't have much faith in the under dog. all of his picks are 1, 2 or 3 seeds. the fall from grace for reigning ncaa champs kentucky is complete. after missing out on the big dance the wildcats lost 59-57 in the first round of the nit tournament. >> the time right now 39 after the hour. coming up the government promised them a tax break but then it flip flopped. small business owners could owe millions. >> this is one way to govern law america using their fists instead of their words to settle their differences. i do a lot of research on angie's list before i do any projects on my own. at angie's list, you'll find reviews written by people just like you. i love my contractor, and i am so thankful to angie's list for bringing us together. angie's