do you think these guys are -- i know priceline has made efforts.aking efforts to get a slice of that. do you think they can really grab it in an alibaba sense, or do you think they're going to miss out on a major dynamic? >> i think that's probably challenge number one frankly, for the ceos at companies like expedia and priceline group. you know to have a strong presence in china is critically important. expedia, of course has a stake in elong. as you noted, there are very strong players in china, and china is going to be a very intense, competitive battle. i think that will definitely be an area for focus. >> come on henry. do you think they'll manage to do it? do you think they'll be able to grab it in an alibaba sense? >> it's going to be an uphill battle for them. it will not be easy. expedia is trying. not sure if they're going doing a good enough job. >> good to meet you. thank you for your analysis. >> u.p.s. and fedex pulling out all the stops to make this holiday shipping season a successful one. looks like it worked, but at what cost? mor

jeff hoffman is a co-founder of priceline and a former ceo in the priceline group. he's a successful entrepreneur and motivational speaker and he is co-author of the new book scale, seven proven principles to grow your business, and get your life back. it's so great to see you. thanks for stopping by. >> thanks for having me. >> and you put this together because you watched, you've helped ray lot of companies scale, companies that were stuck at a certain point. >> absolutely. my co-author david and i both work with small businesses, and we hear the same thing every day, people say, same two things, one, i'm stuck. i can't grow the business. i'm working more hours than i've ever worked so why is my business not growing even faster with the time i put in. and the other thing they say is that the reece of their life is deteriorating because they're working so much. >> so let's go through just a couple of the principles in your book and one is about creating systems. when you're small you don't need systems. right? everything's just getting done. as you grow, you need p

priceline, big uptrend, break in trend. tesla, big uptrend, break in trend. let's talk about netflix. here's the trend. just like the others, clear break in trend. thst how it starts. you can draw the lines this way, a head and shoulders top. a bit of a neckline. put it all together, yuf got a break in trend, head and shoulders top. the neckline. here's the important thing. these gaps, that's a quarterly beep, that's a quarterly beep, that's a quarterly beat. your first quarter mess-up. subscriber growth, unacceptable. kills the stock. the presumption is to break these lows and break these lows hard. short 340 last and think it goes to 290, 15% lower. >> cop vinsing charts, mike. how do you break lower in netflix? >> we were just talking about the fact in some of the things breaking down and also the market getting a little bit more volatile options, prices ticked up, i don't think the way to play this, don't short the stock and don't just simply go outright buy options because there's more expensive. to keep it simple, going to march and buy the 3275, and ab

priceline, big up trend, a break in trend. tesla, big up trend, a break in trend. let's talk about netflix. here's the trend. just like the others a clear break in trend. that's how it starts. you can draw the line this way if you want. a little bit of head and shoulders top. a little bit of a neckline. put it all together you have a break in trend and head and shoulders top. we have our neckline and here's the important thing, these gaps that's a quarterly beat, that's a quarterly beat, that's a quarterly beat. guess what this gap is right here, your first quarterly mess up. subscriber growth unacceptable big miss, kills the stock. we're going to break these lows and break these lows hard. short through 40 last. it goes to about 290, 15% lower. >> pretty convincing charts. how do you play for a break lower in netflix. >> we were talking about in some of the things breaking down and the market getting a little bit more volatile options prices ticked up. you wouldn't want to short the stock and the other thing is you wouldn't want to go out and simply outright buy o

competitive bidding, seen on sites like ebay and priceline, is becoming increasingly popular. but experts say bargaining can work just about anywhere. from big retrailers to smaller stores. so if someone does want to ask for a discount, are there any things that would work? >> we feel they are buying enough pieces, you know, we try to do something for them. >> reporter: can't hurt to ask. and it could save you cash. experts say try to negotiate a lower price by looking for products with small flaws and offer to pay in cash. could get you a deal. >> mara, thank you. >>> when we come back here on the broadcast, that bank heist, the manhunt. and late word about joan rivers. the stunning number, and the gift tonight. and cialis for daily useor you. helps you be ready anytime the moment is right. cialis is also the only daily ed tablet approved to treat symptoms of bph, like needing to go frequently. tell your doctor about all your medical conditions and medicines, and ask if your heart is healthy enough for sex. do not take cialis if you take nitrates for chest pain, as it may cau

priceline, big uptrend, break in trend. tesla, big uptrend, break in trend. let's talk about netflix. here's the trend. just like the others, clear break in trend. that's how it starts. you can draw the lines this way, if you want. a head and shoulders top. a bit of a neckline. put it all together, you've got a break in trend, head and shoulders top. we've got our neckline. here's the important thing. these gaps, that's a quarterly beat, that's a quarterly beat, that's a quarterly beat. guess what this gap is right here. your first quarterly messup. subscriber growth, unacceptable. big miss. street kills the stock. the presumption is to break these lows and break these lows hard. short 340 last and think it goes to 290, 15% lower. >> pretty convincing charts, mike. how do you break lower in netflix? >> right now -- we were just talking about the fact that in some of these things that have been breaking down and also the market getting a little more volatile options, prices have ticked up. so i don't think the way to play this, don't short the stock and don't

priceline is getting hit on news that goldman sachs removed the stock from its conviction buy list.iting declines in the euro. still is down about 1 and a half percent off session lows. >> thanks dominick chu. >>> candy crush is about to findite find i itself in a tough level. cookie jam. just days after facebook named cookie jam its game of the year. here is the ceo at sgn and a myspace co-founder. good to see you again. >> thanks for having me. >> so this bet oh out of kim kardashian's game. beat it candy rush. what does it take to make a game addictive like this. >> it's really a lot of work. we have a offices in san francisco, l.a. and san diego and some of the best artist and designers in the business. >> what does it take to make a game popular on facebook obviously when other platforms and consoles are become also that important. >> i think you hit the nail on the head. it's important to be cross-platform. we all our games to be playable on facebook, apple, google play, wherever anyone wants to play them. and they also need to have that social element in there which i think i

>> caller: what do you think about priceline? >> i'd rather be in costco. honestly.ust think it's like to be domestic because doe midwest sick very good. let's go to jared. everyone goes to jared. in new york, jared, jared? >> caller: yes. >> you're up. >> caller: how you doing, jim, booyah, happy holidays. >> same. >> caller: long time fan, first time caller, just wanted to get your take on henry shine. >> henry shine is going hard. we had mr. bergman on, i have to tell you, that company is probably the number one stock for growth guys to reach between here and year end. henry schine is good for me. and that, ladies and gentlemen, is the conclusion of the lightning round. >> goldilocks versus the three bears. when everything is just going right for the bulls and wrong for the bears. first, let's -- [ cat meowing ] russian banks could be stretched to the point of breaking and the russian economy going to into severe recession. no happy ending. petrobr petrobras, along with the foreign holders of debt which is thought to be in tens of billions of dollars. okay, i need

. >> josh the down grade of priceline. >> concerns of slowing growth, narrower margins and slower bookings stock now has a declining 200 day for the first time in more than two years. it's guilty until proven innocent i think. it's certainly not cheap enough to get excited about. i would wait. >> royal caribbean, doc. going to be added to the s&p 500. >> on thursday after the bell. this is going in. and it's ban huge boom to them. up about 6%. trading near the highs of the day. that will continue until the inclusion after the bell on thursday. >> coming up a trade inspired by mark cuban but buying netflix hasn't been a slam dunk. is jon najarian sticking with the bullish bet? citi's ed morris has a bull call on black gold. ♪ my baby drove up in a brand new cadillac ♪ ♪ my baby drove up in a brand new cadillac ♪ ♪ look here, daddy, i'm never coming back ♪ discover the new spirit of cadillac and the best offers of the season. lease this 2015 standard collection cts for around $439 a month. >>> we're watching shares of mastercard. the company is increasing quarterly dividend by 45%. so 64 cen

competitive bidding seen on ebay and priceline is becoming increasingly popular.erts say bargaining can work just about anywhere. from big retailers to smaller stores. >> if someone does want to ask for a discount, are there any things you think would work. >> we feel they are buying enough pieces, we try to do something for them. >> reporter: can't hurt to ask and could save you cash. experts say you can try to negotiate a better deal by looking for products with small flaws and offering to pay in cash. mara schiavocampo, abc news, new york. >> it's important to haggle down around the holidays. >> are you good at it? >> i love it. it's like a sporting event. i google the store and coupon to see if there's a coupon code. >> what if you are out somewhere and a flea market or something. are you good at that kind of negotiating? >> why but my dad taught me, a poor kid was selling little statues. you don't haggle with a kid trying to make a buck. don't do that. 't haggle with a kid trying to make a buck. don't do that. you're not doing anything hand, as fast as you us

priceline, remember, the hotels that have done well, they're german. the traffic has been german.nadian. >> some spain. >> i don't want to necessarily buy priceline, but that's a country that will be a new vacation place that's been run by germans. kind of interesting. >> they already have a lot of hotels there. they're owned by canadians or germans or any others. it's just that we haven't been going. everybody else has been going. >> it's the first time i've seen capitalism blooming in the world in like the last eight months. we've been talking about latin america basically switching dramatically towards socialism. maybe they're going toward capitalism. >> this is a big deal. normalizing relations. >> unbelievable. >> it is a big deal. i've wanted to go for so long. so afraid it would be high profile. i think a lot of people like that. it's going to be a vacation destination. you know, if you hit up cuba, you don't get anything. >> let's get to bob quick here. make sure we have plenty of time for jeff immelt in a moment. >> i think the important thing is we're ending the year on

if we're looking losers, we have to balance it and love our short sellers too, priceline is pulling downng at some of these other names. you have ross stores which of course is a retailer. >> retailers were hit hard. liz: exactly, exactly, and that's a pretty decently held stock there. sba communications is moving lower. really overall we've gotten a much stronger position for the win column for what is going on in nasdaq. it is up six points, very close to the year-to-date high here for the nasdaq, 4776. >>> from protecting yourself against email fibbing scams to a phishing scams and county down had you covered on what happened this week. here is what is worth repeating. >> very traditional retail machine this is example from walmart. they send it to you. we couldn't complete this transaction. click here to give us information so we ship it to you. you go to click of course and you're supposed to download a document. when you download the document they infect your computer. liz: hold on a second. >> all sorts of nefarious things. >> it is a worldwide customer we're after. it is not so u

. >> drop for priceline.eople are worried they're going to try to buy up some of the competition. fdr cut them today. i'm not in the name and i wouldn't be. >> pop for bp, up 2%. >> it was up even more in london on chatter that royal dutch may buy them. just based on how oil stocks are trading. i think -- i don't know what to do with this, with the rumor. i would take any profit is had on a short-term. >> it could be massive rumor. >> it would be a massive rumor, a massive deal. and it's very specific too. >> right. drop for legg mason. >> people argued this is the reason why the stock is where it is. it doesn't surprise me the stock has pulled back. >> our chart of the day. china is getting a boost on hopes of more stimulus from the company's central bank. so take a look at this chart. shanghai composite of 3% today, up more than 34% this year. tim, what do you do now? >> a lot of people are wonder whoug do you play local chinese shares. this isn't just about rate cuts. this is the connection between the off

priceline was downgraded.of late because there are some larger concerns about disappointing outlook on reported earnings. they haveiceline, been trading at a high multiple above 20 and their earnings have backed that up. we had great earnings when they reported early in november but their guidance was lower. gross bookings are about four fit's -- another concern is the integration of a lot of acquisitions they have had. one has been opentable come in the restaurant industry and the other is kayak. they have to integrate the companies they have acquired as well as show growth in europe. >> sbr has a 1225 price target on its stock. is that the activity you are seeing? it is near a 52-week low and you are seeing a lot more calls been traded against puts. people are positioning for a bottom here and positioning in case there is a beat in the first quarter. >> looking at the downgrade in saying this might be the bottom. great. you have a trade for us on f5 networks. what is your trade? >> we are looking at f5 becau

>> i think it definitely shines a light on it and also the very big players like priceline are investingstems and technology that service the biotechnique hotels and recently amazon said they were going into booking small independent hotels as well. i think the big boys realized that boutique markets can go away. >> can they be stream lined? they are going to say we need to improve your return on investment and your technology base. i'm just wondering whether that kind of changes -- >> i'm sure that will happen as well. i think the reason why the private equity in some of the bigger companies are interested in these smaller companies, they can't talk to their audience like we can. if they scale it too far they will break it and that is going to be a balancing act that they all have to -- >> are you going to stay independent? >> for now. >> never say never. >> never say never. >> ok. where in 2015 would you recommend what is going to be hot and what is not going to be hot and what was hot and what is not and what is going to be hot? >> it depends on what kind of holiday you want of course

netflix, priceline, fossil, whirlpool and amazon. number of stocks with five-year negatives. year's christmas and new coming each of those years when negative. amazon, petsmart, coach, ebay, cardinal health. >> all very interesting. you're able to go back and look at these seasonal patterns. can traders make any real moves? analysis if you want. i'm not making any recommendations off this. there is a point when you look at the past five years and you see meaningful moves in a stock between christmas and new year's. ticket it or leave it. you see stocks up every single year, it might be something worth considering. if you look at the s&p 500 ,verall over the past 10 years this santa claus rally is less pronounced. 2014 has certainly been a volatile one. until we get some clarity from the fed, hike in interest rates, we expect to see a volatile 2015. >> a lot of options traders are looking for more volatility. >> you have to have promotion to get good returns. my thanks to you. happy holidays. we are on the market again in 30 minutes.

that is happening on the margins, but was most are missing is you look at the spinning from the priceline'sexpedia, ebay, google, they are expanding. expanding 30% year over year on average. >> he is not -- it is not moving from tv to digital? >> what i'm curious about, we're watching these indicators on tom's mac monitor. what is the one indicator they're looking at? figures, aoeconomic figure -- macro economic figures, you talked about oil ,rices falling off by 50% forecast yesterday objected to inting to 1.5% increase total economic growth. that could played advertising growth. it is interesting. >> what is the mood right now? i can't get a handle if advertisers are saying, this is great, let's go 2015. >> today their waking up and the web.bout fraud on there's a trade group for large marketers publish this morning that talked about the scale of this and that is going to be a major issue. it is a big deal. there's a lot of confusion and fear among the big brands. >> you are based in portland, oregon. what do see in advertising the guys here miss out because they're so focused on the deta

. >> priceline is down a percent. to market perform. >> that's the trevago guy. >> rcl is going to go to the s&p. >> bms, great container company. they are having a great quarter. >> nclh reason states with an overweight. there was another call yesterday. >> people are trying to bring in the ebola short on this. this is a free fire zone. what companies use more oil than anybody? there was a note yesterday from carnival cruise. carnival is interesting, too. the guys from royal who come on a lot are great operators. >> jpm initiating microsoft with a buy. oracle underweight? >> talking about uncertainty in consumption preferences. >> i think if you look, this is a good example what happened last week. microsoft was down friday. that was not marked up. if they own a lot of these stocks they can show up a 1% gain. that does happen in the business, unfortunately. microsoft notice well timed given the stock didn't run friday. it was up yesterday. some might say wait a second. they knew. no one liked it. they liked him. i am

. >> priceline is one i was going to ask about, as well.fe to buy the broad index or even back to march they were talking about the bio tech sector and how outsized the valuations were, is there concern that could be building up again heading back towards 5,000? >> i would say sort of looking at things seasonally, probably a rally into year end and then a bit of a pullback in january and then earnings and look good and people's outlook for first half of 2015 is constructive and, yes, safe to buy the index. >> thank you. by the way, as we were asking people at home whether they think the nasdaq is a sell signal, 57% are saying no. so take that for what you will. >>> the nation's top ceos meeting in washington today and speaking to cnbc "squawk box." head of blackstone says with $2 trillion in cash, companies start wheeling and dealing. >> in the normal m & a cycle you see companies buying similar kinds of businesses. that make sense. where they can take cost out and get positive synergy that part of the cycle is what's going on now. >>> so i

we expect names like chipotle, carnival cruise lines, priceline, travel names, consumer discretion names to do really well. >> already priced in? in other words, then why aren't we seeing the outperformance? >> i don't think it's priced in. we are starting to see multiples come up for the names and lagging the estimates. seeing a positive eps in revenue revisions in the quarter, you normally see multiples come up, as well. we expect to see that throughout into the q-4 reporting system. >> you expect that we may revisit what happened six, seven weeks ago? oil kept falling and stocks went right along with it until oil was able to stabilize for a little bit and then the stock market zoomed back to where we find ourselves today. >> the 63 level is kind of a big test. we'll see one day through it and see if we can go back and hold it. this could be -- near term, i think it is okay. there's more money in retailers. i'm sorry, consumer pockets, et cetera. the holiday shopping season. this could be a bit of a concern because to your point of crude coming down, i believe it can drag some names wi

worst, amazon, gamestop, priceline, tiffany's, macy's.wn 11% since black friday. >> kroger's been a horse that no one really talks about. >> staples is special because of the -- >> what's kroger other than a remarkable store? i mean, i guess that ceo will be out any minute, right? maybe activists take over kroger and want it to be 110. kroger's amazing. when you meet with the natural and organic food people, they say, listen, kroger saw it coming. when you meet with the people who do private label, they say, kroger saw it coming. kroger's the least promotional company i know. you never hear about the guys who run kroger. all you see is the stock -- if you look at the chart of kroger, it is one of the great slopes up. it's a remarkable. >> i know, walmart's going to eat their lunch, walmart's going to crush them. not so much. >> i think that stock -- the problem is, kroger's in that great area, that area between like new york and san francisco. i mean, i know, david, you probably haven't visited lately, but there's a big part of the countr

priceline lower after fbr analysts downgrade it from an outperform rating citing slowing earnings andwing profit margins. trading down. fed-ex gaining ground after analysts added it to the u.s. 1 list pointing to the benefits of lower fuel costs and shares up by 1.3% and on the, well, call it a shipping side of people that is, royal caribbean moving higher, a was el. the operator stock replaces in the s&p 500 after the close of business on thursday. shares up by 6%. we'll end with eli lilly rising on news to license an experimental microneedle patch system and try to treat severe osteoporosis. up on the day's trade. back to you. >> dom, thanks very much. >>> let's talk about stock buybacks, clearly been a trend on wall street the last couple of years, many major corporations, apple has done it and among others. >> and ibm. most recently taking on $5 billion more in buyback spending to repurchase stock. that number surpassing the net income through the first three quarters. david nelson from bellpoint management asset said they're doing it to hide the deterior e deteriorating fundament

some of them were public like priceline for open table.acquisition candidates. chances are the probability is that one of those will not be dependent by the end of 2015. >> thank you for gazing into your crystal ball and happy holidays. >> you too andrew. >>> coming up much more from our guest ken rogoff. and pet care. some looking to become the air bnb for dogs. have you heard of the new dialing procedure for for the 415 and 628 area codes? no what is it? starting february 21, 2015 if you have a 415 or 628 number you'll need to dial... 1 plus the area code plus the phone number for all calls. okay, but what if i have a 415 number, and i'm calling a 415 number? you'll still need to dial... 1 plus the area code plus the phone number. so when in doubt, dial it out! >>> i thought from reading the pre-interview that oil was on your mind as something very positive. we have had people. we've run the gamut from incredibly positive. i don't know if we have had incredibly negative but we have certainly had more negative effects than positive. some

. >> we were talking about priceline. it is a huge international business.ought a strong dollar and weak euro currencies would be good. they said a lot of travel over there is intracountry and if everything is devalued against the dollar, it actually becomes a head wind which i still don't understand. >> this is how people travel in europe. i think the translation is not going to be that good. one thing i would say. we don't want to get lost in translation, so to speak. you've got to back out translation. some companies are doing great. i think it's realistic and fair to really reverse the translation figuring out how companies are doing. >> one more question, jim. with when you have economists predicting gdp and then you have ceos predicting gdp, i thought since the ceos have something to do with gdp in terms of whether they spend or not, i thought they would be better forecasters. economists, i just think, they never know what's going on anyway half the time. are they both equally bad? who would you listen to on gdp? >> yesterday was probably the strongest

they want you to not book on expedia and priceline. they want be to be a hilton honors member.omers in the hotel. >> how much do they make from these wi-fi charges? we pay $15 a day just to get internet service at hotels. that seems crazy. >> a few years ago it was a nice profit center. it's probably not as significant given that wi-fi is ubiquitous. >> we always talk about hotels and their reputation for overbuilding going into a boom. they haven't done it this time. >> that's the beauty of this cycle. this is the least amount of supply we've seen. >> it's unbelievable. rates can go how much higher? >> it's more of the same in 2015 and 2016. we have less than 2% capacity growth each year. >> getting more nimble in branding chains or parts of their chains for various demographics, right? marriott has been that kind of story. >> sure. the trend we are following is the move toward select servers, courtyard by mayrriotmarriotts. as demand trickles to the secondary tertiary markets, the smaller service are thriving. >> do you see anything with international tourism with the strong