and schlumberger, the oil service company.than dumping everything into the teeth of a sell off because someone doesn't feel good. first check out amazon's daily chart. huh. back in january amazon net a major 1.27 -- remember that extension, 1.272 fibonacci extension, and surpassed it slightly. remember, these extensions typically give boroden targets where a stock will top out at least in the near term and since then amazon has been on the decline, not a big decline but a decline. where does the stock become buyable? there are two key zones created by the clusters of the fibonacci relationships. boroden thinks amazon can find support between 243 and 245, 14.6 points below where it is now. there is another zone of support, 236 to 239. if amazon gets down there you want to hold and only then start buying. it is a terrific call. it is amazon from a fundamental basis, i think that's a good call to get in. how about this one? this is my favorite. michael kors. this is a luxury handbag stock i alluded to in the newly created gatsby

schlumberger you mentioned ashley. look at one-year chart. lows hit for schlumberger last summer.g down, there was overabundance supply of oil services. these guys go out and explore for oil. they produce the oil itself. prices are down it is hard time for them. there was overabundant of supply and competition in the market. well now, look at this year-to-date chart, completely different story. schlumberger is now up 1% so far this year. some competitors, halliburton up 16%. baker hughes up 10%. bmo capital markets is among many analysts coming out bullish on the oil services stocks, the big ones. they particularly like schlumberger saying this stock will head to $85 a share. it is well-diversified internationally as well as halliburton. baker hughes they like but they don't have as much of the international exposure so there is a little bit of a concern there. tracy and ashley, oil prices are up 5% this year and that could be big boost for the stocks, back to you guys. ashley: interesting, sandra, thanks very much. tracy: we've been talking about these defense cuts. they are week

amazon, kors, schlumberger. >>> it is time. lightning round. buy, buy, buy, sell, sell, sell.ou ready? lightning round. tyler in west virginia. >> caller: hey, jim. what's happening, hold, sell or buy more. >> i like that situation. remember, it is the best performing bank stock of the year, so probably giving up a little on the profit taking there but i think it is absolutely terrific and it is about 10% from the high. i like that. buy, buy, buy. lois in florida. lois. >> caller: boo ya, jim. >> boo ya. >> >> caller: shell. >> you know what, a lot think it is a second rate company. it is down a lot and they think i am a buyer, royal dutch. joey in maryland, joey. >> boo ya to you. >> what's up, partner? >> like to get a shout out to my financial instructor, kirk marts. >> absolutely. go ahead. >> mcdonald's. >> writing off in the mid-80s and downgrading left and right and i said it is buy, buy, buy. why? wow. don thompson, the ceo is doing a miles an hour lack us are job and putting technology to work and i talk about this a lot. i think mcdonald's is a buy. i buy some here a

schlumberger, same thing. you really want to focus on your stocks, a very stock-picker's market right now and use the weakness to be buying, to be adding. >> brian, do you agree with that? do you think we've missed this rally? the market has been having a rip roar beginning of the year, that's for sure. >> long term i think the rally continues, though we may be in for a few butchs here as we approach march and the issues in washington, the spending cuts and the budget. >> okay. so going into some of these issues coming out of washington you think we could get noise and disruption. you want to get into the markets at better levels? >> we're overweight equities. if we got a selloff we'd be buying more through some of the volatility, but, you know, whether that selloff comes or not, longer term investors should be looking to overweight equities. >> rick santelli, what about that trend? do you believe in it yet? >> no, i definitely do not. as a matter of fact, treasuries, boons, guilds, i think they will be fighti

i do like the drillers, i do like national oil well, my charitable trust just sold schlumberger at the0 to 72. let's go to howard in indiana. howard? >> caller: hi, jim. i want you to know i watch your show almost every night. really enjoy it. my question -- i own commonwealth reit cwh. monday it was up, wednesday it was down 13%, today it was back up 12%. can you tell me what's going on with this? and what you would recommend i do with this reit? >> i totally defer to my friend buddy pal david faber who basically on "squawk on the street" told you to buy this stock -- if you listen to him, he didn't tell you to buy it, that's my interpretation, $18, $19, it runs up, the big offering, bottom line, i don't want anything to do with it anymore. i think it's too crazed. and i'm not going to venture an opinion. and that, ladies and gentlemen, is the conclusion of the "lightning round." >> the "lightning round" is sponsored by td ameritrade. ♪ indiuting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct s