a percent, but with the rally in the markets, you might have wondered why would we see a bigger spike here? a contrarian out there, we were discussing this on a conference call and saying what's up with yahoo and could it be that this is just cash for the business and it doesn't change anything? terms of the revenues? >> one of the notes i saw, the big question was how is yahoo not up 10%? the core business is unaffected and what they have given up is say portion of the call option they have on asia and clearly they had to do it. they were under so much pressure. is this a great thing if you are an investor in the company. the market said no. >> you couldn't see me off camera and i was punching a picture of you. i wanted to have a come back. >> you win. >> scott nations got a trade on yahoo and walk us through. >> i'm with josh. the yahoo action was really surprising. a little disappointing, but part of that is the facebook fallout did not do well today. i think that yahoo came back down to earth and it was kept closer to dearth because of that. much of this will be used for a yahoo buy ba

with europe's crisis worsening and volatility spiking here in the united states, could asia be the bigafe bet for your money? just take a look at how well they have been doing so far this year. keep in mind this is coming off a low base. last year was terrible for most of the emerging markets. nonetheless, you've got vietnam for example up by 37%. so far this year the philippines up by 18%. thailand up 17%. indonesia up 8%. and india, although it has had a bit of a rocky time just recently, it is still up year-to-date by 5%. >> the big question mark though, the one not on that wall, is china. we've been getting data all week suggesting that things are beginning to slow in the world's second largest economy. then today it really sunk in. china saying that industrial output is now near a two-year low. so does that kill the opportunity not only in china but in the markets that mandy just showed you? let us bring in jeff dennis, global emerging market strategist at citi and drew. jeff, i'll ask you, if i believe china's slowing, should i immediately dump any stocks or index funds or etfs t

president obama goes to afghanistan and gets accused of spiking the football. here'sation now with cnn contributors will cain and lz granderson. >> let's talk about spiking the football. speaking of spiking the football, president obama said there would be no celebrating the death of osama bin laden but republicans say he's doing just that. i want to you listen to this ad by an outside group. here it is. >> i can report. i directed leon panetta. i was briefed. i met repeatedly. i determined at my direction. i called president zardari. i as commander in chief -- >> okay, will, what's wrong with >> yes, sir. >> -- taking credit? >> well, okay, so specifically how you phrase that, don, what's wrong with taking credit? first of all, he deserves credit, right. he did make a call here that resulted in the death of osama bin laden, which someone i think everyone in the united states celebrates. not everyone, but the majority of people i would guess. so -- but then you're asking me what's wrong with taking it and cloaking yourself in it and using the first person over and ove

of course, here's the new york post with a ka-bull headline saying he spikes the bin laden football. should the press hold obama to a higher standard than bush was when he was running quite explicitly on the war on terror? >> i think the press should be consistent, and i think in large part we have this time. i don't think anybody begrudges -- well, johna may, but most people don't begrudge the president making a trip to afghanistan. i don't think we should call it a surprise trip. i think the fcc should fine people when they say surprise because it's not really a surprise. it's unplanned. >> i didn't know about it. >> it's not a sprisz when the president shows up in iraq or afghanistan. if he showed up in iran, that might be a surprise. i think to go further and say when this president puts out an ad like that, it's similar. maybe not to the same degree, but it's similar if we were whacking george bush about it for all these years. i for one would not feel consistent and fair if i didn't point out whether he is doing that or whether he is doing the excessive fundraising that we also

spike in 2011, we got a bullish divergence in the stochastics. meaning this indicator began moving higher, okay, moving higher as the vix was going lower, interesting, huh? see right hereng down? the stochastics kept on rallying, running significantly higher until the vix finally spiked that march. again, collins now sees the exact same set-up, a bullish divergence that began in january followed by a strong run in stochastics followed by a rally in the vix which possibly could soon lead to the dreaded spike. same thing happens when you look at -- here's a new one, the cci, or commodity channel index. it's a different new technical tool that i'm introducing tonight. it's got nothing to do with commodities. this is an indicator that shows how when a stock is overbought or oversold and technicians use it to figure out when a trend could be about to change. back in early 2011, early 2011, the cci was an extremely oversold condition. and then it began moving higher even as the vix fell. once again, this was signaling a spike in the vix well before it happened. gave you a chance. just like the other two indicators, collins thinks what's happening with the cci now looks very,

turn here. >>> who is spiking the football? t's tear jerking goodbye and cat scratch fever returns. here are today's top lines. the week in review. we have breaking news at this very moment. the president is in afghanistan. >> even jimmy carter would have given that order. >> i just recommend that everybody look at people's previous statements. >> mitt romney would have done it. it is really disappointing. >> our goal is -- >> spike the bin laden football. >> he is spiking the football. >> presidents don't spike the football. you do an end zone dance on an aircraft carrier. >> i hardly see you've seen any excessive celebration. >> the american people don't want to vote for a loser. >> today i'm us is pending my campaign. >> i feel like i've been transported to some other world. >> unrealistic fantasies of success, beauty, power and intelligence. >> i'm sorry. you were about newt gingrich. i thought you were talking about barack obama. >> if you can find a screening process more powerful than that i'll [ bleep ] how is that? >> t

the taller the spike, the larger the target. right here is a chart that elliot and lockhart plotted which they don't know at the time is a japanese strike force. it was called into the information center. a brand new guy first day on the job was told that they have a large formation of planes from the north. sensing they are friendly planes b-17's from california he tells them not to worry about it. was he wrong? first of all, right off this chart would have been the b-17's flying parallel with the japanese strike force. he was told by an american bomber pilot if the radio was on past midnight that meant that a flight of aircraft were coming in from california. when he drove in that morning to the information center the radio was on. he thought he had picked up friendly planes. they indeed turned out to be the japanese strike force. this is what radar looked like in 1941. these are two mobile vans. this is the array picked up those kind of targets on the morning of december 7th. radar worked that morning. it didn't pick up the planes. it w

. >> as we have been reporting here, the french go socialist and a year after bin laden's death, the president gets accused of spiking football. two great topics here. all right, everybody. fasten your seat belts. also a cnn contributor. okay. we're going to start with france. it just took a hard turn to the left. the president out and socialist is in. so first thing you will, france has had enough of us a terry and the wealthy should get ready to pay higher taxes. any lessons here? >> it does, right. i think we have two lessens that we can learn or will learn shortly. that you cannot tax enough to cover up for irresponsible spending and americans bet start debating whether we want to bailout europe. if he does what he has promised, he races taxes but doesn't put in place the appropriate reforms for spending, you will see deficits continue to go on. the bondholders will go no no no, we're not loaning you any more. then the eu begins to dissolved. that can't happen. then we will ask ourselves, the obama administration or romney, do we want to save the european union? do we want to bail it out? >> this president is in

here too, yes. >> we're allowed to spike the football here. >> every break. every break. >> that's right.and it's just -- it's incredible. >> uh-huh. >> wow. i think we mentioned this before that chris christie. he was so coy, wasn't he? i'm not going to be vice president. and now he said he could be convinced to join the ticket. >> but not i meant maybe. >> yeah, he said he might be able to convince me. he is a convincing guy. >> that's a huge flip flop. huge. >> in governor romney called me and we sat down and talked [ inaudible ]. >> okay. better have a big chair ready. >> yeah, with no arms. >> geez can you picture him at the state of the union address. >> yeah. >> when governor christy sits around mitt romney's house he really sits around the whole! [ whacky comedy music ] >> he sits around the white house. [ whacky comedy music ] >> okay. let's go to jake in houston -- >> you can't find my bones. >> jake in houston. how are you doing, jake? >> i just wanted to thank you for having a pretty logical voice on the radio, because i'mdown here in the south and sometimes it can feel like t

here for years that was cancelled after 2010. still, thousands of people are expected and local leaders are concerned about a spike in gang violencethat we have seen recently combined with the cinco de mayo festivities. here is a look at the party last year. lots of drinking and when to gang members show up there is the potential for trouble especially since gang tensions have been brewing here lately and violent crime has been on the increase. three homicides, seven stabbings and one non fatal shooting from last friday through monday. there was a teenager who was beaten in roosevelt park last friday. police believe that was gang- related and that has racked up a lot of tension. local gang intervention groups have even decided to bring some young people out of town trips this weekend to get them out of the mix around here. >> developing news in san francisco at this hour. officers detained at least four people at a home near john mclaren park. the swat team served a search warrant late last night. suspects at the center of the shootout will be arraigned in court today. three agents were wounded during the raid. it was all part of

spiked. >> sergeant manning, seen here on the right, waits for the fugitive to arrive, but not for long. >>, as i see the suspect vehicle has crossed the center line now, aiming right for my car. i didn't want to run out to the left or to the right and get run over, so i just waited till the suspect vehicle was committed in one direction. >> the van is barreling toward the officer at a tremendous speed, showing no signs of slowing down. with the vehicle right in front of him and with almost no time to react, manning makes a split-second decision and jumps into the embankment to his right. the driver of the van slams directly into manning's cruiser. the impact caught on video by a dashboard cam in another squad car. when the van hits, manning is standing only a couple feet away. >> and there was a tremendous bang and i saw it out of the corner my eye, my car just going up and back and it felt like it was traveling right over my head. it was an eerie feeling. >> the speeding van crushes manning's police cruiser, car parts and glass flying in every direction. the car is sent spinning out of co

. >> if washington puts rates back at 40% on order income and dividend income, yields will spike like crazy heresucking sound out of u.s. bond markets. and then people have a chance to buy bonds again. there's no way that the politicians who want to keep their jobs will end up at that extreme. we'll end up in the middle someplace and it's probably going to be the most contentious part of the election debate along with as joe was talking about earlier about the jobs market. it will be about jobs and taxes. and i don't think that investors will accept the fact that rates could go to 40%. >> would you really revalue the equity markets based on the after tax dividend yield? they trade on a lot of different valuations. that scares me. but i don't really know if it's true. in other words, right now you do whatever the market is trading at versus the s&p yield. it that were to be cut in half, the after tax yield, does that mean the market is overvalued substantially? >> no, i think -- >> it's valued on other things rather than dividends. >> we have to see where growth goes. >> but it's definitely a hea

>> not quite, but if you saw italy spike up from here another percent or so, we'll probably be buyersencouraging words from the ecb. i think we'll end up like a scenario we had in november again. >> apparently they've been urged not to win the song contest. because if you win, you then have to host the contest next year and they're suggesting the costs could be too high. >> i don't understand the euro vision. if you win, you automatically host -- is it just like a giant europe wide talent contest? >> it also includes the middle east, israel, turkey. >> has it happened that anyone who has won hasn't gone on to host it? >> englebert humperdink is the representative. so keep your fingers crossed. >> the austrians and germans -- you have a list of points. they all give each other top points. it's like -- and the uk has for no friends, so we never get anything. >> well, maybe you'll get a winner. >> we'll see what happens. our next guest keeps a close eye on chinese consumer trends. sean ryan is managing director of china market research. thanks for joining us. we speptd a lot of time sayi

spike in shares. glu mobile, again, dan niles talking about it from salt, dr. j. talking about it right here. at's a spike and that stock's up nearly 9%. >>> coming up on the "halftime report," jcpenney's moment of truth hours away when it reports earnings. we're taking our positions with a top analyst ahead of the numbers. >>> facebook frenzy is here. so, which stocks are traders friending this week? make your move. watch "the fast money halftime report" and "fast money," noon and 5:00 p.m. eastern. not quite knowing what the next phase was going to be, you know, because you been, you know, this is what you had been doing. you know, working, working, working, working, working, working. and now you're talking about, well you know, i won't be, and i get the chance to spend more time with my wife and my kids. it's my world. that's my world. ♪ >>> high-end retailer saks reporting a 15% jump in first-quarter profit, but sales came in well below wall street expectations. let's break down the numbers and get a jcpenney earnings preview. deborah weinswig at citigroup joins us on the fast line. debora

now, does everybody agree that the president was spiking the football, something he said he wouldn't do? who agrees with that. everybody here. okay. president politicized the killing of bin laden this week. anybody disagree? okay. now, if the president had his way, we are going to get into more detail on this, just a show of hands, he didn't support enhanced interrogation, he called it torture. the president didn't support gitmo, he wanted to close it. said he dolled it in his first year. the president didn't support rendition and black sights. so would we have had the intelligence to get bin laden if he had his way prior? anybody think we would have? >> well, i think that, i mean, with all due respect to jose rodriguez, obviously, has a different viewpoint, the interrogator who got the intelligence for the kill, he thinks that it actually delayed getting bin laden, the intelligence trial. >> sean: the full story which was confirmed in an interview with nbc news with brian williams, with leon panet athe defense secretary, which was that yes, enhanced interrogations did help. colonel north? >> there is no doubt that those in

now, does everybody agree that the president was spiking the football, something he said he wouldn't do? who agrees with that. everybody here. okay. president politicized the killing of bin laden this week. anybody disagree? okay. now, if the president had his way, we are going to get into more detail on this, just a show of hands, he didn't support enhanced interrogation, he called it torture. the president didn't support gitmo, he wanted to close it. said he dolled it in his first year. the president didn't support rendition and black sights. so would we have had the intelligence to get bin laden if he had his way prior? anybody think we would have? >> well, i think that, i mean, with all due respect to jose rodriguez, obviously, has a different viewpoint, the interrogator who got the intelligence for the kill, he thinks that it actually delayed getting bin laden, the intelligence trial. >> sean: the full story which was confirmed in an interview with nbc news with brian williams, with leon panet athe defense secretary, which was that yes, enhanced interrogations did help. colonel north? >> there is no doubt that those in

we couldn't show the body of bin laden because it would incite people, spiking the football. what is he doing here a couple of points here, sean. we don't have time. but trust me that george bush did the exact same thing in the sense of visiting the troops. his words were almost word for word, exactly what barack obama said to the troops. chris matthews said of george bush, good thing he stopped by for a photo-op with the troops. secondly, if you are going to have any kind of objective analysis of this president during war, this is an administration that refuses to say that we are at war! it refuses to talk about terrorism. it refuses to call the fort hunt massacre an act of terrorism. so how can you ignore that?! >> sean: do y think brian williams, brokaw, matt lau lauer are embarrass bide their cable news outlet? >> no. i think they are so far over the top. they see cnn's ratings and they have fallen apart. they are further to the left than cnn, so we must be doing a good thing. they are infatuated by themselves because the red carpet's rolled out by the white house to show them the war room. so

that means no spike for the memorial day rush. fox 5's bob barnard here now with the edge on the price break. >> have you noticed? gas prices are falling. >> just a little bit, though. ten cents here or there. it adds up, i guess. >> down 25 cents from the peak high at easter. >> yes. three been going down. i'm happy. >> the national -- they've been going down. i'm happy. >> the national average for a gallon of self-serve regular is $3.69, a penny less in the d.c. metro area. >> gas prices are moving in an opposite direction than what they were doing last year at this time? >> what's going on? aaa's john townsend. >> the drop in crude prices is the major reason. they're trading much below than just a month ago. >> just in time for the memorial day weekend during which aaa pricks roughly 30 million americans -- predicts roughly 30 million americans will drive 50 miles or more, up 1% over last year. >> i filled up two days ago and i'm doing it again. >> reporter: marianne brown commutes from her home in fum dries. >> it's usually about 30 -- dumfries. >> it

spike in micron tech. >> interesting story here. stay with me for a second. stay focused, america.laced a d-ram, memory order with a bankrupt company in japan. they're a competitor to samsung. apple used to buy from samsung, they still do. but micron is in talks to buy elpita. micron gets apple as a customer. thus micron stock is up. did you follow that? >> i followed that. i'm sure you can as well. technology a big part there. >> a bethlehem, pennsylvania, company. fda recommended approval of a home testing kit. the vote was 17-0. it looks good for approval. it's not approval, but a recommendation. 17-0. >> staples is another one we're watching. >> sales came in a little light at staples here. we talk about europe, why do we care? staples is talking about europe. some european issues hitting the name. again, europe does matter even to individual stocks. >> i think they also suffer from the syndrome that best buy has where they use it as a showroom, i'll have that and that and then go and buy it online. tough for those kind of businesses. speaking of greece, we've been talking a lo

the fbi says it's alarmed at the spike it's seeing in corporate espionage here in the united states.s have doubled for corporate espionage in just the past four years, and this year is on pace to be bigger than ever, so what are they doing about it? well, they're going to the public with these billboards and bus shelter ads. they launched this campaign today. it's a nationwide campaign in cities targeting areas where there's a high concentration of defense contractors. i talked to the fbi's head of counterintelligence. i asked him about this and i asked him, what he sees these foreign spies are looking for. take a listen. >> they're looking for everything from price lists to the latest pharmaceutical research, marketing strategies, new product information. typically, whatever you view as your crowned jewels, at your company, is likely the target of foreign economic espionage. >> and larry, the fbi rolled out a whole new site on its website today, advising companies and employers what to look for when you're looking for the potential threats and the director of the fbi counterintellig

spikes the hair up. >> that's pretty good. >> could have been worse. >> yeah. here we go. check out the rain.few more showers, far looking -- warm but raining through the day. >> that's good. ♪ [ male announcer ] for our families... our neighbors... and our communities... america's beverage companies have created a wide range of new choices. developing smaller portion sizes and more low- & no-calorie beverages... adding clear calorie labels so you know exactly what you're choosing... and in schools, replacing full-calorie soft drinks with lower-calorie options. with more choices and fewer calories, america's beverage companies are delivering. . >> don't more get to go to the website and vote for the little girl.

that afghanistan thing, you know, the republicans are going to say he's spiking the ball, he's politicizing this. so here we go. the interesting thing, though, i'm looking behind you and there are folks there taking down the stages. what was the turnout like? the crowds were big, right? >> reporter: you know, we've all been talking about how to measure this. so in ohio, it was a 20,000-some-odd -- 18,000 to 20,000 people. they had about 14,000 turnout. so that's a much larger crowd than we've ever seen for mitt romney, but he did not fill the stadium. so compared to expectations and the notion that they thought they could fill that stadium, it wasn't full. but again, bigger than what romney has done. and this stadium here, this 8,000-person arena where i am in virginia was full. so it's not 2008 where he could fill any size, it seemed, but again, big crowds, bigger than his opponent has gotten to date. >> you just answered. compared to 2008, a little different. thank you very much. we appreciate it. you can finish, jess. >> reporter: my point is, you know, they say it's still early, so we'll see what hap

three pm in moscow i met a good to have you with us here on r t our top story there's been a spike in violence in afghanistan with bomb blast in the north of the country killing at least nine people yes equation comes as the country prepares to take full control of security in more areas and a week before nato nato chicago summit as artie's tessera sillier reports the alliance support for ongoing involvement in the embattled nation has never been lower afghanistan the tuber two thousand and one and nato led international military offensive and response to the september eleventh attacks in the u.s. largely backed by international partners more than a decade ago now after tens of thousands of casualties and hundreds of billions of dollars later this will not be quick norreys. one thing that's not keeping pace is support over seventy percent of the u.k. population more troops are the figure is rising in the u.s. sixty three percent last week want to see an end to the war and this is what it's come down to nations breaking ranks with nato by deciding to pull out troops earlier than planne

. >> ron stuart doing a pretty good job on the spike the football meet. the substance herey overlooked is what has this meant to the devise of alquida. how much had he been marginalized and isolated during his period of exile? and what does it mean about what al-quida is today? >> well, he was still very much in the center of the network. he has not necessarily had his hands on day-to-day operations. and then it's referred to the in the arabian peninsula. a lot of the inspiration for those here in the united states that picked up the cause. ives intrigued and it goes back to who's inside the circle, who's outside the circle. bin laden was playing a little bit of control here. you know, you've perpetrated such violence. you've damaged the brand. he also said in the context of somalia qs because a group called fieldty to bin laden. we see this as the terrorism brain. >> let me make a clarification. i don't want to use euphemisms. not only is he dead, but his 16-year-old son was also killed. >> and another american citizen. and i think that's a key pond that we can acknowledge

here. it's had a sensational spike. up about 9% in the last couple trading sessions. >> why? >> an oversold -- we saw natural gas flush under $2. now back up closer to $3. >> that'll do it for "power lunch," sue. >> "street signs" is next, ty. have a great afternoon. we'll see you all tomorrow. >>> and welcome to "street signs" where a scathing new report says wall street has some explaining to do about what it thought of facebook and who it told. the author of that bombshell is here as we dig for answers. mark zuckerberg, where are you? the stock is struggling. many investors feel used. where's the love or at least the public comments? you're a public ceo now, mark. you've got to act like one. >>> beyond facebook. is it time to bet on the little man riding the horse? we'll explain that one. >>> and a disaster du jour from big "d" that shows just how scary the blogesphere can be for investors. >>> dow and s&p up for two days in a row now. if that doesn't sound like a big deal we should point out that has not happened since april 26th and 27th. three major averages have their

in addition to spike lee artists all the world are remembering his impact on the music world. >> fans are right heren our region. fans were celebrating his greatest hits and how they influenced their lives. we report from forestville. >> the sadness turns into celebration tonight at peso factory theatre. die-hard fans danced to the songs that defined the adc sound. >> he was a family member. i am glad we're celebrating today. >> hours earlier things took a turn for the sad. condolences came pouring in. >> he is going to be terribly messy. >> the godfather of go-go left his mark. -- he is going to be terribly missed. young made sure he was on hand to see brown inducted into the hall of fame. >> he was elated. >> he said, he hung in there with it. >> it is the song that put the d.c. legend on the map. no one knows better than the man who put the song on the airwaves. >> it was devastating. i knew chuck had been very sick. but still you're never prepared for that call. >> in addition to the fans who have gathered together tonight, many of you have been writing about chuck brown on our facebook page. we

spike it with some vodka. >> jimmy: wait, i'm sorry man, i over heard you. i was over here by the fountain. orange julius? >> steve: yeah. >> jimmy: you want to spike it with some "v"? >> steve: yep. some big "v." can i get you one? >> jimmy: i'd love to get one. can you stop by aunt annie pretzels and get one of them pretzels? >> steve: yeah, you know what i can do? >> jimmy: what's up? >> steve: i can get a syringe, some jellied vodka and shove it in the annie's pretzel. we can get drunk two for one. [ light laughter ] >> jimmy: hey, did you see that -- do you see what i'm seeing? >> steve: what's that? >> jimmy: some 70-year-old dude trying to climb mt. everest. >> steve: oh, my god. [ laughter ] ♪ >> jimmy: thank you, ponchos, for being garbage bags that chose a different career path. [ light laughter ] ♪ thank you, the tip on the end of bananas, or as i like to call you, chiquita teeth. [ laughter ] i don't like this one. i didn't write that. >> steve: no, you didn't -- are you sure? >> jimmy: yeah, yeah, yeah. i don't call it that. ♪ >> jimmy: thank you, quilts with quotes embroidered

here. >>> there has been a dramatic spike in negative campaign ads, a new study finds that only 9% of the ads were negative at this point in 2008, but look at this, four years later, 70% have been negative. the same study finds the spending by outside groups has skyrocketed by more than 1,000% since 2008. let's bring in our ad expert howard bragman, chairman of 15 minutes public relations. good to see you. >> good morning. >> anybody surprised by those numbers? >> not at all. >> if you live in a battleground state, you feel it, right? >> i happened to be in florida during the primary. you see so many ads they kind of glaze over after a while and they cease to have any meaning. it's good for media. >> obviously, this is the full employment act for all the folks that work at local tv stations. let me show you some ads and let's see if they can break through the cacophony of sound. this is a new one from the romney campaign, it hammers the president on the promise of green jobs. let's look. >> an investment that will lead to new industries and 5 million new jobs that pay well and can't be ou