phil flynn at the cme. down another $2.38.packard expected to report a sharp drop. ashley: first, as we do at this time every day, let's take a look at the ten and 30 year treasuries. we will be right back. ♪ [ male announcer] surprise -- you're having triplets. [ babies crying ] surprise -- your house was built on an ancient burial ground. [ ghosts moaning ] surprise -- your car needs a new transmission. [ coyote howls ] how about no more surprises? now you can get all the online trading tools you need without any surprise fees. ♪ it's not rocket science. it's just common sense. from td ameritrade. it's delicious. so now we've turned her toffee into a busines my goal was to take an idea and make it happen. i'm janet long and i formed my toffee company through legalzoom. never really thought i would make money doing what i love. [ robert ] we created legalzoom to help people start their business and launch their dreams. go to legalzoom.com today and make your business dream a reality. at legalzoom.com we put the law on your si

sandra: thank you, phil flynn. it is time to make money with charles payne.pparel stores the gap. charles: i saw this a couple hours ago. wish i could have done the peas and then because gap store stock is exploding. what is happening is scuttlebutt that they may have been fired--hired investment bankers, a group interested in taking them over. is not unreasonable. volume was huge and twice the daily volume today. some people believe the story. forget the story. january sales were impressive. the gap unit at the present, same-store sales the year ago were down 5%. banana republic up 6%, old navy of 12%. year-ago same-store sales down. and banana republic did well, less cannibalization used to go on. and backup to the high. there's a chance to get back 37 and from there, we -- sandra: double trading volume, average trading volume -- charles: they quadruple may be four hours left in trading. dennis: buyout would be taking it private type of thing which is the best by the would-be buyer that the stock is undervalued. charles: this is a stock that was sideways an

with that, phil flynn at the cme group. the new highs for the year ahead of the super storm hit the east coast and we even took out the highs after hurricane sandy. we reversed because after the storm passed we realize for degrees in new york city, why the long heating oil? we just found another reason. futures down $0.99 but off the lows and why is that? the price of crude oil is rocketing back up. we're supposed to have a cease-fire. they, and by the central bank official made the market turnaround, back to you cheryl and dennis. dennis: i think we're going to go over to ? cheryl: how about a little charles payne. i'm making money on obamacare. charles: i like that movie did. you are ready to go, cabin fever. i live in north dakota, so i know all about it. this is a really interesting company. they actually stimulate your brain through electric currents and with the ability to do that, leaving them to one product helping you with epilepsy. they think they can really make major inroads with treating depression, chronic hear

tracy: good stuff, phil flynn, thank you very much. you have a great weekend. >> you too. at is impressive. phil, thank you. gasoline futures up 10% over the last two weeks. that is having an impact at the pump as you well know. tracy: oh, i do. ashley: let's talk about that the markets seemed to like today's slew of economic reports. overall pretty good. jobs we'll talk about that. our next guest says we're not out of the woods yet. how should you invest right now? it is a difficult one. joining us chad morganlander from stifel nicolaus. thanks for being with us. seems like this market wants to move higher and higher and higher. every day we hear from people, there's a pullback coming there's a pullback coming because we need it. when do we get a pullback do you think and by how much? >> right now you had a string of good economic data points that have come out and that has bolstered investor enthusiasm. and you probably are going to continue to see that for the next several months so we're continuing to overweight equities at this point in time. but one should keep in min

oil trader phil flynn, a fox business news contributor, believes the refinery situation is stabilizing. "so that should ease some of the concerns, but not in all parts of the country. just yesterday, we heard in the chicago area a major refinery fire happened. it pushed up prices 9 cents, so i recommend staying out of chicago if you have to fill your gas tank." prices in chicago average $3.80. the national average for a gallon of unleaded is $3.62, up seven cents from last week. still to come, trading abroad. what overseas stocks have caught our traders' interest. that's later. but first, breaking in. how to introduce your brand into a new market. that's next with bill moller. you sell a thousand and some different products under your company brand. it's a big brand...but, only in other countries! you do sell some private label products in the lucrative and crowded u.s. market, but now you want to establish your brand here. so how do you do that? that's what one brand is attempting. dr. fischer is the company logo, and doctor eli fischer is the man behind that logo, which is especially

cheryl: phil flynn watching oil.w to make money on dollar tree, but first nicole on the floor of the new york stock exchange. nicole: thanks, cheryl. we see industrial health care information technology under some pressure, or jobless claims numbers in the first time in three weeks. moving forward, just trying to work around some of the people who work here. we are seeing the fed's number weighing on the market, worries about whether or not after we saw those, whether or not the fed will actually pull out the stimulus, the kool-aid we have been seeing. it has inflated these markets pushing them near the all-time highs. after yesterday, you are seeing names like bank of america, caterpillar under pressure. down 69 points right now, phil flynn, what do you see in chicago? phil: we are seeing even more pressure after the energy information administration reports, larger than expected crude build up. we also saw heating oil concerned to get crushed. the numbers came in a little bit bullish but the market continued to go

particularly in materials and commodities that are dollar related, they have the inverse relationship and phil flynnknows that. the dollar stock and commodities pullback. phil: we watch the dollar like a hawk and it is impacting gasoline prices, prices at at the retail pump continue to go up and were up another penny and another modest increase compared to what we have been used to for the last week and a half but that is good news, stronger dollar, weaker euro putting downward pressure on the crude oil and that means gasoline prices as well. and gasoline futures, down four.seven five cents and and we are pretty close to the top, despite the fact that the brent crude, spread to the highest level over $21, let's take a look what is on the wizard with sandra smith. sandra: tied to what you were talking about, will field service companies, the big companies that drill for oil or provide services to drill for oil and explore for oil such as to number day, analysts increasingly bullish, they had a hard time in 2012 when they face oversupply and declining energy prices. look at this year to date game for

cheryl: phil flynn in the trading pits of the cme.uch further the stock market has to go. charles payne showing us how to make money, first to lauren simonetti whether the dow is again pushing above the 14,000 level but i got to tell you not to be negative, king being stock, it is frustrating. >> the s&p has been stuck at $15.26 and $15.27 all day, we are trading in tight range today but we have green arrows across the board and its themes we are continuing that seven week winning streak for the broader market, that has only happened 22 times since 1928 so certainly helping out a little bit, these gains we are feeling. more acquisitions in 2013 did the dow jones in the red running out, the biggest gainers on the dow had a banks, bank of america and general electric. now to fill flynn at the cme. >> maybe there are signs the longest streak up in gasoline prices in two years coming to an end. futures are down $0.02, they can go down, i know you can't believe that when you felt the gas tank but you are seeing that. not only are we seeing

over to phil flynn in chicago. jeff: do the surf and turf, cattle prices, a new low for the year.cattle feeders, cattle feeders are getting crushed right now, can't afford to feed the cattle or sell them. at these prices right now cattle are losing almost $100 per head. that is a loss that can continue. a lot of these could go out of business if the margins don't improve and interestingly enough these are the lowest cattle prices since last october. valentine's day, don't know if there's a connection but back to you, tracy. tracy: i think you are wearing a pink and red and you are loving it. it is time to make some money here on set with charles payne, he is investing in a healthy pick for some hold profits. charles: before we get to that and still people in on the pawn i want to say one of the reasons i wanted to talk about this today was hines, a lot of people say i don't want to play the market, i am afraid of the market, everyone watching the show has had catch up before. today it is up even more, up 1100% since 1985, 1100% since 1985 for catch up. how many people are afraid o

fox business contributor phil flynn of price futures group in the pits of the cme with all details. doing, phil. >> it is a bullish and bearish fight. that is been the story pretty much all day. earlier we got the german confidence number. everybody got excited about that. but that came after mario draghi said growth in the e.u. would not be that great. so that offset each other. then the seaway pipeline story that the oil stuck in cushing, oklahoma, would not get out of there quite as quickly as we hoped. it will take a lot longer. so the refineries in the gulf coast get prepared to refinal the crude. so you have all of that. then you have natural gas. it is getting cold again. natural gas is up on a lot of nuclear power maintenance and increased demand expectations. we're probably getting to a historic low on the gas market. keep your eye on it, tracy. turn your heater up because it is heating up today, 12 cents. back to you. tracy: yes, i keep it a balmy 72 in my house. ashley: you look like that in the studio too. we fight it about it every day. thank you, phil. gas prices are u

phil flynn, senior market analyst at price futures group, a fox business network contributor. he knows what is going on most of the time. phil, it is not even summer. what is going on with this sneaky, sneak can i spike in gas prices? >> it is like a disaster movie. i'll tell you what, if you look around from coast to coast. we've had one problem after another, all con spiring to give us higher gasoline prices of the part of the problem is the weather in europe. usually in new york harbor we import gasoline from places like europe. it is so cold over there, they're worried about making heating fuels, not making a lot of gasoline. that led to a squeeze play in new york harbor. that drove up prices. it is not just the new york harbor. look at the west coast. they have all major refineries shut down for maintenance. that is a major problem. we have refinery problems down in texas. refinery problems in illinois, ohio. you name it, everything that could go wrong did go wrong and prices went up. add to that, look at crude prices. crude prices in december were $85 a barrel. they're up

dennis: phil flynn on why o.j.ayne showing us how to make money working on a railroad. chris nicole petallides with the dow off of its low. nicole: a nice cup of of a day. the dow is up off of the lows of the day, down 55 points, down 46 points. and you can see the s&p with gains of 1519 and the s&p and the dow closed at five year highs so that is they were led -- consumer stocks doing very well. hitting all-time highs, 52 week highs, seeing a mixed bag, names like mcdonald's and coca-cola under pressure and bank of america and general electric and comcast g e doing better. and a little back and forth off of the unchanged line, but there is action to the hat on wall street. that is the latest year. what is going on in chicago? phil: looking at warranty futures, a new high for the year and to be honest florida's orange juice industry is a major trouble right now. bottom line here, the citrus that causes -- fall off of the trees before they can harvest it. and add to that dry weather and colder than normal weather, a

we are live where phil flynn says one country is buying big on the dip.inutes, nicole petallides at the new york stock exchange. nicole: taking a look at the market as you noted, 14,000. not too far off from the all-time highs. not unusual to see them pull back. we set a new five-year record high that we haven't seen since 2007 sub that by bit higher and higher. higher highs and lower lows. do you think we will be taking out the highs at some point this year. the dow jones industrial down one quarter of 1%. look at apple and facebook at the moment. we talked about cyber attacks, cyber threats and these have been on the rise most notably on friday talking about facebook. apple acknowledging their computers were hacked by the same hacker that targeted facebook. apple cooperating with authorities saying no data had been breached. this is a huge concern to have hackers, cyber threats. back to you. cheryl: thank you very much. all right, nine days to go until president obama is calling a job killing in spending cuts take effect. some say it could be a good thi

cheryl: team coverage for you, phil flynn in the trading pits of cme with oil and gasoline prices, and the data wizard, and charles payne. nicole, we are up seven. >> not bad at all. it's been a run, and, you're right, up seven to eight appointments here at 13987, and as i say the words and they leave my lips, it is a new high for the day. we are at session highs here with a gain on the nasdaq compos sit fractionally like the s&p 500. there's gains in drug stocks which seemed to have improved in the last half hour or so. the drug index is in the green. merck, united health care weighing on the dow, but the drug index has an up arrow. retail is higher. banks doing well, they helped us yesterday, bank of america and jpmorgan. the dollar has been strong, and it's interesting how we're not too far off the 14,000 mark, despite the fact we got a strong dollar. the vix is lower. phil, how are you feeling in chicago? >> we are doing great today, cold, but other than that, things are good. looking at today's market today, shaking off, talk of an oil glueing mainly because of the oil inventory r

cheryl: phil flynn. >> reporter: are bought gasoline futures may have seen the biggest one day retail and the futures are continuing higher. part of that according to the cost of oil. the cost of oil has had an incredible run. the biggest and almost all the months, and it is continuing higher, but the market that is moving today, the pipeline problems. slowing down the flow to the refiners of the gulf coast and the keeping the wti week and that crude strong. other big news today, dr. steven chu decided to step down as energy secretary which is a big story. a lot of traders, they know him as the energy secretary that can split an atom but did not realize that opec was his domain. now, over to jeff cannot vacillate flocked in autos. >> reporter:, tell you, you might think that because of our bought that would have a chilling effect. carmakers are making so many more fuel-efficient models, that is not having an impact. take a look at the stocks, first of all, because that is was driving, part of resolving this bull market, these positive of the sales numbers. toyota with a big run-up to

phil flynn is in the pits of the cme. >> there is a real disconnect.re is plenty of supply concern about the manufacturing sector in europe. call it what you want, but oil prices down big today. they are knocking on the door. they could go down a lot more. melissa: i wanted to ask you about gold. we had david kotok on at the beginning of the show. i see it down big today. down $27. is this a golden opportunity? >> yes. absolutely. the big story today, he reduced his holdings by 55%. i will tell you, if you go back, almost every time we have had $100 correction this quickly, we usually get a pretty big bounce. melissa: it is an interesting disparity. david kotok making a really good argument for why it will go higher. it is lower today. we will follow this one. will plan, thank you very much. >> thank you. lori: tiffany. tiffany rings for sale at costco. not so fast. now, tiffany taking the dispute all the way to federal court. lauren simonetti has the latest. do not mess with the little blue box. >> no. good afternoon. happy friday. tiffany is suing co

phil flynn in the pits of the cme. what is going on? phil: it was all about china. a lot of the big buyers in china have beehas been slowing down oe purchases, but we have seen a lot more gone. 2000 contracts set aside almost immediately, lot of talk hedge fund getting out are in trouble, but also some talk about iran. the big troubles over the u.n. plus germany on top of the five security council members supposedly getting ready to make an offer to iran on the nuclear problem they just can't refuse. another reason we see the prices go down. also seeing the price of gasoline, everybody talking about how it has gone up every day. wwe're down about $0.07 per gallon, almost $0.08 per gallon, some major rework on gasoline. you also look at gold and silver, gold prices with a lot of liquidation in gold and silver down $0.79 right now. nobody wants medals right now. at a five-year high, that is downward pressure on metal. little more confident about global stock market, not as confident in the middle playwrights now. ashley: a lot of news and a lot of action. thank you so

let's head to the pits of the cme and phil flynn. >> very little reaction down here. the very first place you want to look is the ti spread. it has spread out to the largest level of the year. it is possible that part of that could be this story. a lot of people did not hold out a lot of hope for the stocks. the direct talks with the u.s., they thought maybe something may come out of that. at least they were hopeful. the rejection, now that obviously looks like it will be off the table. these talks will not do a whole heck of a lot. this comes at a time where they are tightening sanctions even more on iran. we saw saudia arabia, and take if you cannot get enough supply, we will pump a little bit more. melissa: that u.s. productivity fell 2% in the fourth quarter to its lowest level in nearly two years. what does the next day to say about our economic recovery? what do you make of that productivity number? that jumped out at me. >> the move in jobless claims is certainly a good move. 350,000 should be consistent with a pickup in employment. over long periods of time, i

fox business contributor phil flynn is our man in the pits of the cme. >> what a reversal. oil prices were below $95 a barrel. everyone thought that they would start coming back down. a lot of focus, of course, a lot of talk about these currency wars. they have a major impact on the price of crude oil. we do not think that the euro is too strong and anyone who wants to tell us otherwise, you will have a problem. we rallied in a few seconds. the euro when positive. when that happens, of course, oil prices saw a lot of profit. melissa: you look at that bounce. where do you think it from here? >> i have to believe that this is a short-term pop. the fundamental seasonally and technically are very bearish on oil right now. if we pull our heads, this is just one comment. melissa: thank you so much for that. gas prices have been climbing for three straight weeks. it is up $0.27 a gallon. energy analyst is the analyst for the schork report. >> what is causing it now is a rash of refinery outages. both here on the east coast and west coast. quite frankly, the market is fearful about