>> russell, do you want to join in? yeah. all right, here we go. if you feel like getting into it, russell, you -- >> so, jimmy, this isn't the ideal, you know, surface. a carpet necessarily is not something michael would dance on, but, i mean, we'll make it work. >> jimmy: okay. >> you have a good area here. >> jimmy: uh-huh. >> and your shoes look pretty slick, which is good. michael wore penny loafers. >> jimmy: thank you. >> so, i think that, you know, we can't not do the michael jackson spin. right? so, that's something that we can try here. >> jimmy: michael jackson spin, sure. >> so, what you do is you just cross your right foot in front of your left, right? >> jimmy: uh-huh. >> and you gotta turn. yeah. and you just turn around. there you go. [ cheers and applause ] okay. i mean -- got it? you good? >> jimmy: you gonna do it, too? >> thank you. so, let's all do it together. let's take our right foot in front and turn. ♪ okay, now -- [ cheers and applause ] but wait! wait. from here -- you got to do a michael pos

the russell vix has come down.per. $1.15 to spend seems cheap to me. that gives me exposure to the down side and i get protection to the down side. it's a great way to hedge a portfolio or take a short bet on a stock that's trending higher. >> carter is still in the house. you brought along your own chart. >> and this is excellent work. the truth be told, the russell has achieved a level now which is in principle suspect. if you were to look at the long-term chart of the russell, we have now attained the internal trend line. if you connect the highs of 2000 with the highs of 2007, we are just approaching that level. this this evening is a ramp job and we would fade it. >> i agree with that. the best time to buy insurance is when the market is up and the price of insurance is down. you have both. i think that's absolutely the trade to make here. >> coming up next, we got the final call from the options pit. stay tuned. [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world mov

russell making new successive highs, and the russell blips making new successive lows.n a trending market. when we look at the tail end of this, there's concerns to be had here. let's take a look at what happened the last three or four months in the russ l right now. what you are seeing are those things move together xshgs that red sea is starting to close, right, because what's happening here is the russell basically is starting to move up. as the russell is making new highs. we like to see fear subside during those moments in time, and look right here. march 15th when the russell made a low, and the russell is making high, it's now at a higher level than it was in march. the russell itself is significantly higher. it means basically they're out there buying foot protection protecting themselves in case this market goes over. >> you have a trade on the iwn, which is the etf that attracts the russell 2,000. >> i'm looking by september quarterly put the 97 strike for $1.15. that means option prices have gotten cheaper. $1.15 to spend on this index here. it seems pretty c

the russell vix is starting to move up, as the russell is making new highs.ide. look right here, march 15th when the russell vix made a low here, it's now at a higher level than it was in march, yet the russell itself is significantly higher, which means basically, hedges are out there buying quick protection, protecting themselves in case this market rolls over. >> so you have a trade on the iwm, which tracks the russell 2,000. what is it? >> simply put, i'm looking to buy september quarterly put, the 97 strike for 1.15 that gives me exposure to the downside. i get some protection to the downside. this is a great way to either hedge a portfolio or take a flat-out short bet on a market that's trading higher. >> we can't let stutland do all this charting here. carter is still in the house, so you brought along your own chart. >> sure. and this is excellent work. the truth be told is the russell has achieved a level now which is in principle suspect. if you were to look at the long inception, we have now attained the internal trim line, which is to say you conn

assistant russell duncan currently a partner at russell rogers. thank you for joining us. >> we're seeing a push after a f call for the justice department to step? and indeed eric holder has saids that he will look into that, what case would this possibly be, in your opinion, how farfar would this go. >> it would be very difficult for them to bring a case against mr. zimmerman under the civil rights statutes. those are for the officials who act under the color of statestae law. he was acting as a privateprivat citizen, not as a private sint citizen who was using goodgood sense. you have to show specific intent that mr. zimmerman intended toe attackto mr. martin because of s race. >> that is the tricky thing, because race was essentially ese taken out. difficult perhaps are to some te

russell 2000, up time after time, another all-time high. russell up 3.25 points. not bad for the small and mid-cap stocks. adam: that fire which broke out on a ethiopian airliner boeing 787. not good for bowing. prompting a temporary shut down at runways at heathrow. it involved a internal fire on the aircraft. nobody was on the plane. boeing's stock fell more than 4% on that news. liz: activist investor carl icahn we told you on "after the bell" he would up his bid for dell. he has. adding a warrant to it. adding value for shareholders would be 15.5a share, to $18 a share versus the dell offer which is at $13.65. adam: talking about reversal of fortune. media companies that own hulu decided not to sell the o.w.n. lie video site. the companies say they will maintain their stakes and recapitalize the company with 750 million bucks, a cash infusion. liz: china's finance minister says the country's economic growth rate will likely average 7% this year. that would be great for the u.s. that would not be good for china because it is below the 7.75% target. however the

let's watch richard russell. [video clip] >> do you think it's now possible for a southerner to receive the democratic nomination for the president? >> i don't like to think that after 90 years of and the democratic party have been loyalists to the south over that period. but a man to be discriminated against because he happens to be born on the wrong side of the tracks or the wrong side -- of the mason-dixon line. >> did you know him? >> no. he died in 19 1. -- 1971. >> what impact did he have? >> he had a huge impact while he was a member. is hard to assess his lasting impact there isa very large table in the office suite. that table is significant because around that table would sit members of the southern caucus. they ran the senate throughout the 1930s, 1940s, on to the '50s. he presided in the end of that period over the southern caucus. in 1974, no part of that. from lyndon johnson's point of view, he was a great mentor. he learned a lot about the senate when he came over from the house from richard russel

. >> host: who was russell kirk that you write about? >> guest: russell kirk is a very important american thinker. russell kirk published a book in 1953 called the conservative mind. this was come his book was part of a kind of renaissance of conservative thinking and united states after world war ii. in the wake of world war ii there were two huge threats that jolted a kind of conservatism to being in the united states. one was a mass expansion of the statist, and the other was the rise of soviet communism. he represents me the greatest representative of the social conservative strand. his book, the conservative mind ranges across the whole of america from the founding -- sorry, not just america but the modern era, america and great britain. from edmund burke forward, shut up active and influential and important the conservatives. has been in the making of the modern mind. >> host: one of the peace before we get into some issues. the federalist, you described as a masterpiece of american political thought. what was the federalist and wh

the russell 2000 index continuing to make all-time highs. now on pace for the best monthly increase in more than a year. it has outperformed the dow jones industrials, the nasdaq, and the s&p 500. so is there still big potential in small caps? we start talking numbers looking at the russell 2000 today. on the technical side, jc, and on the fundamentals side of the story, ennis, with risk reversal. gentlemen, good to see you. jc, you're looking at the iwm. that's the russell 2000 etf. how does the chart look to you? >> well, maria, the chart looks very healthy, and it's actually sitting very pretty at close to all-time highs. now, if you look at the chart going back to the november lows, you can see a very well-defined trend channel, and we've been in that channel over the last few months and i think that's suggestive of higher prices here. now, yes, you may say we're a little stretched to the upside near the upper boundary line. but if you look at your technical analysis playbook and you find what do you do in an overbought condition in an u

yeah.h, but russell will shift in time. but we can't just come in there you know, you've asked and now you're suddenly change destroying our own position. >> good try, good try. there and call me back on that damn bennett and ogers and i'll go work on your ambassador and your judgeship. you hang those on the wall. have a canal or whatever they got to have, we'll do it. cannot lose.ote i charlie told every republican if you vote against me, you're out the republican party, i'll eliminate you. about 29 of these damn southerners like bennett and from my own gers state. some of them have taken walks for me. some are going off. say, hell, i have to get him to give me this canal. to have at they've got and then let's get it. let's get the two votes. >> what do you think? >> classic. absolutely classic. of the rity leader senate, as he was in the 1950s, or the president of the united states, saying this is one vote i cannot lose. everything else -- >> how many presidents in your make that kind of -- that call? to think. >> well, b

russell martin in, and malone's night over after 2-2/3s. cespedes robbed at the wall. and a's saw 7 scoreless. only bright spot, sunny gray went two scoreless and struck out three and it comes in a 5-0 loss. abc 7 sports brought to you by river rock casino. >> all right, thank you, larry. we will be back with an update on the crash of flight 214. you are looking at a live picture right now of the

i would like to see russell tice, william benny, thomas drake and curt webe testify before congress under oath testify that these programs are unconstitutional and criminal, they have asked to testify and have been ignored by congress. that is exactly the debate that edward snoanld wante -- snowdend to have. that is the conversation that should take place in congress, not being involving the pfizer court, the thousands and thousands of acceptance, it's clearly a rubber-stamp court we need to change that.

am the political director to russell simmons and editor in global grind.com and sit on the board of directors of foundation martin founded by parents sabrina and tracy. thank you. day is ning and this about you. folks that edible are on this stage made a call to action for us to come together chicago to have this conversation, this emergency summit if you will. so the next two hours of this evening, we want to engage in a conversation, have a dialogue are sitting inho the audience sitting on stage. as little as k possible and allow for a conversation to incur. members of the congressional staff who have they pass that around to write questions on the takingards that we'll be throughout the evening. s i can for a moment, as i sat in my home in new york last night sort of reflecting on

russell martin scores. pirates win both of their doubleheader. they're in fourth place in the n.l. central. >>> the bags are packed, i'm ready to go. so it was jake peavy. boston with tampa bay. seven players involved. three are making some noise. peavy to boston. detroit gets jose iglesias. he can step in at short if jhonny peralta gets suspended. and jorge garcia, nickname little miggy. >>> i'm little neily. have a good day. >> thanks, guys. >>> coming up next, it's "the pulse." no more excuses, guys. we're going to show you the manliest stroller ever. >> manly stroller? >> manly stroller. >>> and getting fit to 4g. why a smartphone company is putting out an exercise video for your phone.

russell tise has stated as have any other nsa whistle blower, william ben yir, curtis drake, william webe, that this is the tip of the iceberg, nsa is

russell martin drives it up the middle. no chance of getting gaby sanchez. pittsburgh takes it 2-1. the best team in the a.l., the red sox. jose bautista, they have closer problems in boston. he takes it yard off of uehara. top of the ninth, shane victorino. oops. a little boot at first base. jonathan diaz scores. the walkoff error. >>> and the month of puig came to an end with a bang in l.a. yasiel puig got a four-hit game to his resume. helps the dodgers beat up on the phils. .436 batting average. 7 home runs, 60 rbis, in 26 games. talk a little bit of soccer or in the global world of football. huge match-up in the

>>> reporter: saturday night at the hayward city russell blues festival as lester chambers sang a song he dedicated to martin a woman leaped on the stage. she smacked down the 73-year- old singer. several band members and fans tackle and make a citizen's arrest. >> you're okay, right? >> reporter: tonight at their petaluma home, chambers and his sons shudder at the video. >> oh, god. >> reporter: chambers has bruises on his ribs and all over his body. he must now walk with a cane. >> it's beyond fathomable that that happened to my father, a legend, someone so powerful for peace. >> i saw anger for the short term that i did fear she just couldn't -- you mother -- f you started this, boom, you know? and i was down. >> reporter: chambers cofounder of the chambers brothers says he was singing about love and

let's start with a tweet from russell simmons, business mogul and founder of def jam. he tweeted about this case, writing "prayers for the martin family. only god knows what was on zimmerman's mind, but the gun laws and stand your ground laws must change." let's go to co-host of "the view," sherri shepherd. she tweeted from "sherrishepherd2h," going to pray and after i pray, i'm going to hug my son who one day might go to the store in the rain in a hoodie. maybe it will be different, #jesus." and a lot of prayers, a lot of calls for people to pray for the family and for our country. and let's also go to lana dunham, treater of the hbo series "girls." she writes simply a two-letter sta start, "no. my heart is with sybrina fulton, rachel jeantel everyone who loved trayvon and has been sent the message that his life did not matter." kate, chris? >> i think most people would agree, people, their hearts and prayers are with the family of

beating the russell?o's beating the russell by a long shot. and sony in the hot seat as daniel loeb keeps the pressure on one part of sony's business he's calling bloated. we have the story next. ♪ ♪ [ male announcer ] these days, a small business can save by sharing. like carpools... polly wants to know if we can pick her up. yeah, we can make room. yeah. [ male announcer ] ...office space. yes, we're loving this communal seating. it's great. [ male announcer ] the best thing to share? a data plan. at&t mobile share for business. one bucket of data for everyone on the plan, unlimited talk and text on smart phones. now, everyone's in the spirit of sharing. hey, can i borrow your boat this weekend? no. [ male announcer ] share more. save more. at&t mobile share for business. ♪ liz: let's take a look at shares of . they are trading higher today after daniel loeb's third point hedge fund released a letter -- the second that we know of -- criticizing the company's entertainment division, this time way more po

let's watch richard russell. [video clip] >> do you think that it is now possible for a southerner to receive the democratic nomination for the president? >> i don't like to think after 90 years intervene and the democratic party has loyalist. supported by the south over that period. a man will be discriminated against because you had been born on the wrong side of the tracks. >> did you ever know him? >> no he died in 1971. >> what impact did he have on the senate? >> he had a huge impact while he was a member. his lasting impact hard to assess. there's a table, very large table that was in his office suite. the table is significant because around that table would sit members of the southern caucus. they ran the senate throughout the 1930's, 1940's on into the 1950's. he presided over the southern caucus. certainly the civil rights act of 1964, he was having no part of that and it took a lot to work around his opposition. but he was certainly from lyndon johnson's point of view, he was a great mentor. lyndon joh

the same with russel. so i want to make sure because i look at those two as you know, my top choices of people who should be serving on this particular body and i would definitely entertain, you know, after those two i would entertain any other candidates that we have listed here. so supervisor breed i'd like to suggest we consider marks for seat 3 and jennifer for 6 and mr. ruling he will for seat 4. is that a motion >> it passes. and those of you who doesn't get the appointment please consider other years. it's tough to sit up her and congratulations to the folks who got the seats. let's move on to item number. it will going go to the full board and they'll vote on that and then we'll forward our appointment >> okay. let's move on to item number 3. >> motions ordered submitted to the pun and to allow san francisco employees to have flexibility in work capacities to have benefits for the caregivers. and inform the employees of their rights and have the employers to comply and authorize the provision of th

katherine russell is born in this country, 24 years old.n't been arrested, but the fbi spent a lot of time with her and they have not ruled out the possibility that she was a coconspirator or as one source put it, an abused enabler. thanks so much for taking the time, steve, really interesting article to read. you talked to a lot of people who know katherine russell and know that transformation from apparently bubbly and strong woman to perhaps abused wife. people who have been close to her since her husband was killed. what do they say about her possible role in the attacks in. >> well, of course, the people around her say no, of course not, she had nothing to do with the attacks, that she was kind of a victim and didn't see this coming at all. and, you know, obviously, the police have looked, are still looking at her, fbi is still looking at her, but the people around her say that she was blindsided just like everybody else. >> she was blindsided. now, what about her conversion to islam? this is something that, you know, people have said

and i found it community in hayes valley i reached out to russel regarding the location before putting down a lease because i wanted to become a part of the community that my business and i could glossogrow with. i choose to open there and. i think that the amended ordinance at hand goes to the heart of what we're talking about with the formula retail ban. the desire to preserve in san francisco a space for individual sole proprietorships. i can food my rent but it's not possible if i parking meter with a number of much more infinitely popular organizations. in addition maintaining and that is important you have a lot of neighborhood locals that hang out and one of the things i've heard as resident of the community we need the services that can be provided should be provided at a southern price point. we need a laundromat and those are not largest organizations that can parking meter with large organizations. this is what our residents need. when i i was co- chair of the organization they kept asking me to speak to the landlords. and so we have space for both residents and mentors to c

>> he makes a great point about the russell. carter would admit that there's a chance the s&p would get up to 1725, 1750. that's a significant move to the upside. if i'm wrong, it will close above 1670. >> let's move on. take a check on herbal life. shares are moving big time not after hours session. the company beat on the top and the bottom lines, herb greenberg, chief herbal life correspondent is back the headquarters. herb, what do you see? >> optically you look at the earnings per share, much better than people expected. they raised guidance but only by a beat. interestingly enough, they lowered third quarter guidance, they didn't tell you why they lowered third quarter guidance. that's where the story gets kind of interesting. there was a month in this past quarter where they changed their rules and basically banned their distributors from being the lead generation business effectively. that's a big deal. the company says it's not a big deal. that's going to be interesting to see how that follows through. also i want to po

russell is a veteran of world war ii. >> caller: hello? >> host: hi, russell. how are you, sir? >> caller: i'm fine, thank you. >> host: please go ahead. glrk thank you for taking my call. i was commanding officer of a gun boat -- >> host: you've got to turn down the volume on your tv, sir. just listen through the phone. >> caller: oh. i was commanding officer of a gun boat in the south pacific in world war ii and navigator for a transport squadron. in the middle east and north africa during korea. [laughter] so i have just finished manchester's third volume on churchill, and i wondered what your reaction was to that book. >> guest: thank you, russell. i don't have any reaction because i haven't read it yet. i read the first two and then, of course, manchester died before he could finish the third one, and know that with a co-writer that third one has come out, and it's generally been well received. but i've not gotten around to reading it yet. i will. it's on my list. >> host: and the next call comes from guy in similar on, colorado. guy, you're on with rick atkinson. please go

russell teeming up with universal music and you tube to launch all def music. it's the first label to sign develop and promote artists. he's going to do this using you tube. i'm cory johnson can bloomberg west. back to you. >> thank you. >> a new survey finds parents are pitching in less for children college educations. according to loan giant sally may parents chipped in $5700 on average per year, a 35% decrease since 2010. last year inskpum savings covered just 27% of the bill the biggest portion coming from grants ask scholarship was student loans covering about 18% of the costs. the study found college costs are driving decisions about which schools to attend, and where to live. >> pg&e showed off next generation trucks in san francisco today, all electric trucks. the bigger rigs are hybrid. engine uses diesel fuel. no idling the engine during service calls cutting down on noise and pollution. the utility estimates it saved $700,000 from these hybrid trucks in operation. >> spencer christian joins us now. i was looking around thinking it feels like it wants

get the full 30 million.j raiders owe jamarcus $3 million >> gary: the raiders are paying jamarcus russellose to $3 million in a settlement over his disputed rookie contract russell was the team's no. 1 overall draft pick in 2007, signing a 6-year, $68 million contract, and was waived after 3 seasons. he collected $36.4 million of that contract. >> gary: to make a comeback. he worked out for the chicago bears about a month ago but has yet to get any nfl offers. sloan stevens defeated by marion bartolo lee of france. that lasted 2 1/2 hours and a rain delay. once they came after the delay stevens did not know how to handle it. she was a goner. no american man and no american women. god bless each as peak and for trying to get people to watch. straight sets, 6-4, 7-5 five days to go at wimbledon fur stages down at the tour >> gary: tour de france stage 4 team orica from australia won the team time trial in outsider to win the 15.5- mile dash along the streets neece orica edged out their the top four teams finished within 10 seconds of each other. takes over the yellow jersey as the overall l

you look at the russell 2000 and it's really ea valuation study.getting 17 or 18 earnings where that's trading right now. it's not spectacular. it's been an okay season kind of clearing the low bar. credit swiss did a survey of their clients. only 18% now finding valuations compelling. long-term view bullish. but if you want to look for a place where the market pauses, i think russell 2000, maybe leadership on the way up, leadership on the way down as well. >> jeff's got it right. the reason we had small caps outperforming is because it's a belief that u.s. is the place to be. here's the problem with that analysis. we've recently heard a lot of commentary that europe may be bottoming. we've seen better numbers out of europe recently. we've also heard emerging markets are much more stable here after a big decline, some of them down 20% or more in the recent downturn about a month ago. so if the idea is buy low and sell high, then there is a possibility -- this is the rotation argument jeff is sort of implying -- that you might want to look elsewhere

the usual attacks rattling northern california women. ,,,,,,,,,,,,,,,,,,,, police say william russell' d to an arrest >> well, a man's foot fetish has cost him his freedom. >> this is so weird. >> it led to an arrest on sex assault charges. he forced a woman to take off her shoes so he could suck on her toes. he was stalking her. russell confesses that he attacked three other women for the same purpose. >> we will be right back. look at 'em. living on cloud nine with that u-verse wireless receiver. you see in my day, when my mom was repainting the house, you couldn't just set up a tv in the basement. i mean, come on! nope. we could only watch tv in the rooms that had a tv outlet. yeah if we wanted to watch tv someplace else, we'd have to go to my aunt sally's. have you ever sat on a plastic covered couch? [ kids cheering ] you're missing a good game over here. those kids wouldn't have lasted one day in our shoes. [ male announcer ] add a wireless receiver. call to get u-verse tv for just $19 a month with qualifying bundles. rethink possible. ingested from cnn from u.s. >> david letter

this has been a huge small cap rally. >> and the russell 1000, large-cap space, too. i mean, i would agree that the valuations aren't stretched. they're not overly cheap. could we be lower than 110 on s&p, but it's competitive in that area, and i think the great rotation has yet to happen. we've got a negative print in fixed income for a lot of investors in q2. if they get another one in q3, negative print, that might create impetus from fixed into equities. so there might be, even with margins flattening out, revenues flattening out, earnings flattening out, that could be a lift underneath equities. you're right, small cap space. but if you look defensive dynamic within the russell 1000 or 2000, it's neck-and-neck right now. this market rally has been largely defensive and -- >> right. >> bob, isn't it the case if you take out financials, it's a different picture for earnings season, because they've contributed a lot to this story. >> right. financials are the all-stars this quarter and they've been up every single day, and today again, all of the big-cap financials

russell george has said of the 2793 groups that were gleaned for additional political activity, there six that had the word progressive in them. they are going to look into it. his office is going to look into that further. >> paul: russell george being the inspector general. >> july 29, investigators on the hill are expecting documents from the executive branch on communications among the irs, executive office. president related to the elections and tea party groups. sleer another opportunity for the obama administration to be helpful here. let's see if they take it. >> paul: if you want to follow the story, you have to follow it right here because the rest of the press corps went into hibernation. when we come back, walmart says it will pull the plug on three new stores after the city council in washington, d.c. passes a super minimum wage for 12.50 an hour. is it a victory or defeat for city workers? [ brent ] this guy's a pro, herbie. [ herbie ] there's no doubt about it brent, a real gate keeper. here's kevin, the new boyfriend. lamb to the slaughter. that's right brent. mom's ba

chief investment strategist at russell investments. welcome. >> thank you. >> we reported a bunch of new highs, this is an amazing run for the stock market. what do you think will drive stocks higher over the next 12 months? >> well, a couple things, but i'll go back to the source of the strength in the markets this week because of gentle ben. we didn't see he said anything new in terms of the federal reserve. what he said was the economic news is getting better, the u.s. economy is getting closer to not needing the full stimulus and they will consider pulling some of that back, and we think that's good news for stocks and good news for earnings going forward because we think that great, economic growth will accelerate here and in europe in the back half of this year. plus, you know, the roads of equities to fixed income and cash is still there. those others don't look attractive and that will probably drive multiple expansions. good earnings and the fact that there is nowhere else to go probably drives stocks forward. >> as you know,

russell george said of the 293 groups that were green for additional political activity, there were six that had the work progress or progressive in them and so -- they are going to look into that. he said his office will look into that further. will's just nothing there yet. >> russell george being the inspector general. >> july 29, investigators on the hill are expecting document prosecutors the executive branch on communications among the irs and executive office of the president related to the elections and tea party groups and here is another opportunity for the obama administration to be helpful here. let's see if they take. >> it if you want to follow the story, you have to follow it right here because the rest of the press corps seems to have gone into summer hibernation. >> wouldn't it be great if the justice department did? >> when we come back, walmart says lit pull the plug on at least three new stores in washington, d.c., after the city council there passes a so-called super minimum wage of $12.50 an hour. is it a victory or defeat for that city's workers? [ male announcer

the russell 2000 closing at an all-time high today as well as the small-cap index up 13 points on theay, fifth record close in a row. man, wt a record-setting year this is. measuring today's paper gains at $275 billion. $1.3 trillion over the past three days alone and a opping $3.2 trillion in market cap on the year. the total market cap of the wilshire 5000 now $20 trillion will be taken all of this up here tonight with former st. louis federal reserve and vice president and investments chief economist. also, prosecution in the george zimmerman murder trial parading the shortcomings thrghout the proceedings but today the prosecution's maneuversooked positively dperate and the judge at times seems to be presiding over a kangaro court. on the case. president obama's most recent job's approval rating showing the president's numbers underwater. the president's foreign policy failures in the middle east resulting in failing grades from the public in a couple influential polls. the 18 note pe it up along with the latest in a multitude of obama scandals. any threats this country at a soberi

it seems like there are a lot of investors putting money to work in the russell. are you recommending that? >> that's right. we do like small caps. the russell, it's right around the 1,000 level, and it's been resistant since may. for us, the headlines of the s&p, the 50-day, it's good we closed above it, but for us, you want to see the russell cross over the 1,000 level. the midcap 400 just recently had 20 months above 1,000, so if small caps get above 1,000, like we think, we're bullish in july, that could be a positive for the market, to have a surprise july rally in our opinion. >> yeah. mr. market, rick santelli, let's get you to wrap up this week, and your thoughts here where we had stocks higher, bonds were sharply lower, gold sharply lower, oil sharply higher, dollar sharply higher. wh what is going on here? >> i think a lot of it makes sense than most give it credit for. i traded gold in '79, '80, and '81. to me, there's nothing that can kill a gold rally more than a substitution of high interest rates to choose from other investments, because there is no

and megan and katie russell >> you may begin when you are ready, you have two minutes. four minutes with interpretation. >> [ speaking in a foreign language ] >> good evening my name is maria is i am the president of glac and i son that just finished third grade. >> [ speaking in a foreign language ] >> a few weeks we came as a delac and gave a report where we gave some recommendation and one of those recommendations was related to transparency. >> [ speaking in a foreign language ] >> we have reviewed the formula that you presented last tuesday, i think that it was june 18th? >> regarding the local control funding formula we have the next questions. >> [ speaking in a foreign language ] >> as for this project that is no longer, wait a minute, well, what is going to be the mechanism and the follow up on supervision now that the funds are centralized and not going to be. okay they are going to be centralized. how are we going to insure that our children or our students are given the resources appropriate, the appropriate resources within the classroom and the form and fr

.® police say william russell' an arrest >> well, a man's foot fetish has cost him his freedom. >> this. >> it led to an arrest on sex assault charges. he forced a woman to take off her shoes so he could suck on her toes. he was stalking her. russell confesses that he attacked three other women for , between you and me, they're, they're strange creatures. they are. they don't think like you and i. you know it. they just, they ignore us. totally. it's like we're only here to serve them. yeah, that's what i been saying. but then they turn around and fill you up with chevron with techron. i guess we're doing something right. yeah but, come on, humans? humans are weird. [ male announcer ] your car takes care of you, care for it. chevron with techron. care for your car. and what's up with the cat? [ laughter ] [ laughter ] got my eye on him. ingested from cnn from u.s. >> david letterman is next. >> our next newscast at 4:30 a.m. let's all get up. i'm joining the cast at 4:30. for over 60,000 california foster children, having necessary school supplies can mean the difference between success

the russell was up almost 1% yesterday, so pushing the highs. it closed at like 1054 yesterday, just slightly off its all-time highs. so you are seeing maybe some momentum there in those smaller-cap names that ultimately might be able to propel the s&p through 1700. - and dan, what's the feeling on the floor right now amongst traders? what's the scuttlebutt there? - right now, angie, like i said, we've seen this consolidation pattern, the vix pretty subdued, the market pretty subdued, you're kind of in that summer nonchalant kind of attitude right now. we'll see what happens over the next couple days. tomorrow morning we do have the michigan consumer sentiment number coming out, that could push the market around a little bit. but right now, you'd have to say we're in that summer kind of period where the market's just kind of languishing. - dan, always a pleasure. have a good weekend. - thanks, angie. you too. that wraps up our week. coming up next week on first business what you need to know about taking out student loans that could very soon ha