i think vf corp will be very upbeat, but just like ralph lauren and pvh, it might not matter. if kors reports a good number and its stock goes higher, think about buying some deep in the money calls on vf corp. don't know how to use this conservative stock replacement strategy? check out getting back to even. you know i emphasize earnings around here, not spain or italy. earnings season doesn't start for another four weeks. keep in mind we're at the height of conference season and industrials at deutsche bank, lots of break-ins expected, and this could give us the clues to build estimates for the quarter that ends in three weeks, which brings us back to friday and the hopes of a fruitful discussion, again, you guessed it, spain, which i can only hope doesn't happen. we've got to have some resolution this weekend. if we don't, then everything's going to be cloudy until we get once again to the weekend to hope things get better. here's the bottom line. if europe's leaders come up with a solution to the spanish prisoner on sunday, then nothing else matters and we're going to rall

(cheers and applause) i believe that leaves only three jobs for white americans: senator, ralph lauren model or freecreditreport.com band member. (applause) now, folks, remembers saw this threat coming. that's why the g.o.p. hispanic outreach web page featured a stock photo of asian children. (laughter) they know that asians are just kung fu mexicans. (laughter) nation, after we finish our mexican border wall, we need an even bigger wall around china! (laughter) and i mean a good wall! no, no, scratch that. more than a good wall, a super awesome wall! the super awesome wall of china. yes, jimmy, something like that, but in china. (laughter) wait a second, what am i say something a wall won't help. these juan-tons are directly below us on the planet. they can just dig their way up into the united states. (laughter) we need a full steel barrier across the floor of america! and we should electrify it. of course, that means we'll all have to wear rubber shoes. wow, that's a lot of shoes. wait a second, what am i saying? we'll get phlegm china. (laughter) now, folks, not that mexico isn't s

. >> the heat and drying you senator, ralph lauren model, or free credit record band member. >> here'she thing. one of those guns was used to kill a u.s. border agent. president obama, who is attending the g-20 summit in mexico, where he's been meeting with world leaders and perhaps checking whether drug lord gun sales are hitting their quotas. russian president vladimir putin is there, as well. perhaps we can lean on him for selling his weapons to southeastern war lords. because selling weapons to violent -- oh. >> lebron james is not the most popular player in the nba. but he made a lifelong fan. he handed a sweat band to a woman in the crowd. who immediately took that sweatband and put it on her head. not only was that kind of disgusting. it had a strange affect on the woman almost the instant she put it on. >> what was going through your mind? >> i've been there before. it's not a -- great training staff. and they helped me get back on my feet. >> it's like leaky friday is what it is. >> all right. >>> that's making news in america this morning. >> let's be thankful we didn't end u

the reason i say this is next time you smeal -- smell ralph lauren polo i want you to think about what that smell was based on. it was based on the smell of fresh-cut grass. everybody in the parks enjoys the parks in different ways. one of my favorite smells in the whole world and since i've become blind six or seven years ago it's become a reeducation about how a human being with enjoy and appreciate nature. and one of my favorite smells that always makes my day is the smell of fresh cut grass. 9 sounds of birds singing -- i realize there is difficulty in maintaining a grass lawn but also would bring your attention to wlfer -- whenever the astroturf was aremoved from candlestick park it was a call for local and national celebration. so think about what you would be depriving me and other people in my community if you replaced it with synthetic turf and thank you for your time. [applause] thank you. >> again, no applause, please.

jim, based on tyler's magnificent performance today, what retail stocks would you buy, polo or ralph laurenwould debate whether that was a great shirt. i have a different opinion. >> i like costco and target and like walmart. i actually dogged walmart but i think they have a chance to catch up and target seems to be doing a lot of things right as well. >> two places you go in and spend more than you want. >> costco is a $200 visit. just walking in the door cost $200. >> tyler looked good but maybe a smaller plaid, my did. i can't wait to get back to the studio because mackie is spending tspend ing the day with us. >>> dow dow jones up 98 points and nasdaq up 15 and s&p up 7 1/2 points. >> why don't we turn to the top of the charts. jim, what you got? >> it is the euro. seemed like it was making a nice gain. between yesterday and today, we've broken that. it's broken the trend line. to me, a negative sign. i think i would sell any strength in the euro. if it starts cascading lower, i have a difficult time thinking it could stay in one place. >> mackie, what do you think of the euro? all in f

and ralph lauren in contrast said they would see a slowdown and michael kors says he hasn't been impactedg new stores because of the level of customers and new doors. >> and younger and hipper as well. >> i wear. >> do you? >> at home, yes. >> younger and hipper. starbucks guidance? >> partially because of europe, trying to get it going. there's a lot going on. they're starting to invest is diversification. this is a company that could go through a bunch of rocky moments and long term story versus short term. >>> juniper networks and tdoing well with the financial crisis. >> i'm amazed at the billion buy back. >> under armour doing high? >> interesting enough, one of the parts the bear story had to do with inventory controls. they came out and looks like they're working through inventory situations. if you do what i do, i look at a long term trend on sales ratios, earnings ratios, margin ratios, it doesn't look like they're doing better, a slowdown. you see them with a 2 for 1 stock split, why are they doing that? to get people to look the other way. >> 46% for under armour. and texas ins

ralph lauren, gained 2 bucks. problem with the action is nuts. how could that be?his chain of beauty salons have that kind of power? you have to understand how growth investing works. a stock like ulta blows away the numbers, and the mutual funds start reaching for all their favorite stocks, multiple expansion. feel emboldened. takes everything that sells at a premium multiple. that may seem irrational to you, but i've seen it play out time and again since this got going in the '70s. even in the '60s it happened, particularly after 19 4. moemd yum feeds momentum. i'm really pointing the correlation and telling you to beware of owning or chasing too much momentum. yes, it might seem strange, but ulta is a cautionary tale. think about it if ulta missed earnings, all momentum stocks that rallied so hard would trade down by no fault of their own. they would have been crushed, simply because they are part of the high-growth cohort. what i'm doing is urging to you stay diversified from asking you to protect yourself from hyper growth. that would be fine. that suits me, a

have estimate increases for the back half of the year, pressure would be off the vf corps and ralph laurens and we would look at europe on the mend. i cannot imagine how high ford and gm would go given how robust their sales are here. the entire best case scenario revolves around one thing that hasn't been in the equation at all with the germans, and it's why i have come to dislike their leadership with such a passion. growth. the germans have put no premium on growth whatsoever, and i doubt that they will until their own growth falters. i hate to say this, but fortunately that's what's exactly happening right now. why should the best case occur? because without it you have a whole lot of european currencies and many will be much weaker than the deutschmark, the heir apparent for the german currency if things implode. the german consist not afford to have the deutschmark return because other countries' wares would be priced competitively and it would kill their imports. i think they're paper tigers. in short, it's in angela merkel's self-interest to favor the pan-european solution but until

. >> he was very flashy and wore like ralph lauren pants that were ironed and lots of gold jewelry and nice smelling cologne. i was drawn to it. >> one day daniel offered teresa a ride home. >> i thought he was amazing and jumped at the chance like any 15-year-old girl would do and said sure. >> on the way home she says daniel stopped to show her his house and took teresa to an upstairs bedroom. >> one thing led to another. he kissed me. i'd always known when to tell somebody to stop and he didn't and i kept getting louder and pushing him and trying to get him off me and he wouldn't stop until it was too late. >> for teresa, an obedient catholic girl, the rape was devastating. >> that was the most important thing to me in the whole wide world was my virginity. my religion was so important to me that this shame that that carried with it was huge. there was no way i wanted my mom to know that that had happened. >> in a state of shame and shock, teresa was approached by daniel a few days later at school. >> he said, i need to talk to you after school. and i was like, no way. i remember la

and coach and ralph lauren the lag gerts and tjx outperforming fossil, that's tough to see where it'sp 11 points. a pretty rang bound day but i don't know what will lead the markets as we go on. >> lots to think about going to thursday. >>> there's one key level you need to watch. jeff, what is it? sn>> . >> he did just speak to all the stuff we have to chew on later in the week. the key level i have to report on cnbc halftime report is the 1.67% in then 10 euro,-year, ki level. we went down to it last year and touched and kiss and came back up. in march, we flew up to 337 and came and touched it, violated and came back to 1.2. traders can use the 1.6 as a key pivot. you should see the treasury fly and fall back to the 1.2% range. right now, we're hunkered down underneath 1.67. >> thanks a lot. let's go to nasdaq meantime. jackie deangelis is there. >> hi, tyler, things are rebounding after yesterday's sell-off. i want to start with the apollo group leader on the nasdaq. after reporting its first quarter fiscal profit dropped 30%, the stock is still up more than 9% because the number

ralph lauren, tiffany, coach, mcdom mcdonald's, all of these stocks are trading lower. meanwhile -- >> foot locker will be crushed. >> they'll likely deal with effects from nike. rim shares getting hammered after a dismal earnings reported. missing big on the top and bottom lines. they expect the next several quarters to continue to be challenging. they're cutting 5,000 jobs, delaying its next phone to the first quarter of 2013. that's a long ways away. >> it's a long ways away when you're hanging your entire future on that new phone coming out. but that's been their strategy for a while. delay the release forever and talk about no clarity. so nothing -- >> kudos to joe for not taking the bait at any time in this whole r.i.m. story. here's an opportunity to trade it. clearly, the opportunity has only been to sell it. in good conscious, i can't say here at seven or wherever it's trading to sell it now. certain stocks, you get to a point where you just sort of say, you know what, i'm completely missing the story here. i can no longer talk about a positive or negative. you

when he isn't modelling for ralph lauren, he's out on the polo field playing the so-called sport of kingso catch up with him. >> you may recognize him from countless ralph lauren fashion campaigns, but it isn't just his stunning good looks in magazine ads that he's spreading around the world. it's also his passion for the sport of polo. >> it's my life. i love the sport. it's my life. >> reporter: he's teaming up to promote polo in major u.s. cities. the classic this saturday at liberty island is considered one of new york's star-studded events of the summer. >> we do it in new york and l.a. and other parts of the world. it's always been my mission. obviously, it has been a fundamental piece of raising at awareness of the sport. >> reporter: not only does it create buzz about the sport, it supports the work to ride program. it provides disadvantaged students from philadelphia with the unique opportunity to play polo as a way of encouraging positive development. >> inner city kids get a chance to work with the horses. if they are doing good at school and have good grades, they get the chan

>> i used to give ralph lauren a lot of grief.e convinced me that by opening stores in the malls, that would carry products beyond what i would normally buy, the high-end product, most fashionable fwood that would be higher risk for a mark down would actually enchance the brands. the customers would, in fact, shop at macy's where they can buy another brand or a pair of shoes or some home products. he wasn't carrying it in his stores. ultimately that test has proven to be recollect. having said that, to your point, there is a point when it's too much. they're testify nitly nowhere near that point at michael kors. i don't think they've reached that point with ralph lauren. my business with both of those brands has been terrific. >> has martha stewart reached that point? >> they don't have the product. so far that business continues to be very good. i think they're planning on it being exclusive when we go forward. >> when ron johnson says it's going to be a big edition, ron jonss may not know. he may not have the goods there. >> yea

she was wearing a blue trench coat and a ralph lauren cap.ice say she left inform a silver or tan-colored car that may have been driven by a man. phoenix police now searching for christopher ayer. they say he held his exgirlfriend and their 1-year-old child at gun point, then took off with the boy. ayer has threatened to harm himself and the child in the past. >>> federal agents in the coast guard are looking for possible stowaways on a ship that just docked in newark, new jersey, after somebody reported hearing voices coming from one of the shipping containers onboard. the ship began its voyage in pakistan several weeks ago, and it's last port was in egypt. it's carrying machine parts to be unloaded in norfolk, virginia. jenna: well, a gang of federal agents carrying out raids across florida today, and they're trying to bust so-called pill mills. those are clinics and doctors and offices of health care facilities that excessively distribute some of the most addictive narcotics on the market. fox news is the only national network that was gra

ralph lauren reported good numbers in europe, nobody cared.vh reported good numbers, nobody cared. here's not so good numbers, and maybe today -- i don't know, how longlasting will the rally be? and then slid down and the stocks low. people don't want to own stocks that have european exposure. this company is so funny. if they hadn't expanded in europe -- >> probably an american company, it would be a huge multiple like verizon. >> quarter over -- year over year, 58% revenue. >> david, i think they. >> north american comp store sales growth. >> they have a store in europe, i think. >> dunkin' donuts is just opening in california. they don't have anything in europe. so i like dunkin' donuts. kors is doing terrifically, but you start by saying if there's a fly in the ointment -- and this thing the fly turns out to be jeff goldblum, which was a great show. >> often overlooked. >> i'll put it on my netflix queue. >> he was great in that. >>> the lengths to which we'll go to avoid talking about europe. >> three coins in a fountain? >>> later this m

ralph lauren said good things in europe. i don't put guess in that category. i'm not saying that it's men's warehouse, which has been huge disappointment, but that's domestic. i'm just saying ta my first instinct when i hear about liquidity and central banks is -- not to take the stock of guess. >> although i will tell you for quite some time, i know hedge fund managers have been focused on names in europe, german names in particular that most of their revenues come from outside the eu. we all know germany is a huge exporter, but they've been penalized. that continues to be at least a theme. >> at the same time, we want to go contra to what the call is. that is to embrace european exposed companies that haven't been down. i would think one would reach for a mcdonald's owe or a coca-cola. >> a colleague of mine yesterday made a spirit of defense of mcdonald's, underlining that there's been two downgrades, from 85 to 86 nap and from 86 1/2 to 89. these are people who johnny come latelies who literally, i think, at 100 loved it. whenever you have it at 100 who lo