but any time you can found a company like staples. came up with and tom shamelessly stole it that is neither here or there. what about you, when you brought staples to the world it a promising economic environment and guys like you invest through that . work on a hunch that what you have got is a good idea and now the fear is that business types who are retisent to commit capitol beyond buying back stocks will have an added worry like terror and it is it going to add to their skittishness; what do you think of that? >> no, i don't think so, neil. i think there is caution around . obama care and proposed higher taxes have a fall bigger bearing on slowing people down if anything. flankly our company - frankly our company is seeing good resultings. terrorism affects him. we have a store two blockings away from the scene of the original crime, and there, our store was closed several days and even today, foot trarving is a fraction of what it had been. we closed boston stores for -- and i think it will be a while before foot traffic will g

consumer staples. am i overly concerned about the tape? no. >> dr. jay? >> 1580. it seemed we would see some sort of a test to at least that level after this. now, so far today we have gotten down there, and as you have said, we've bounced up back from that. i'll be curious to watch miners, though. when i'm looking at the junior miners in particular, the gdxj tracks that, and they're down 30% year-to-date. they were down 8% today. >> gold is getting anile ated today. >> exactly. >> 9.5%, i think. >> here's my question. when does the first ceo break ranks and start hedging again. they all lifted their hedges right around the 1,200 level. they were geniuses as it ran up to 1,800 now. they haven't been looking so good lately, and the stock performance tells the story. >> we're going to talk about gold a little later. worst week since february. it's been a big move, a consistently bad move this week, and it's obviously following through today. who are the buyers of stock today? what are you buying? >> we b

well, specifically right now, staples, in particular, staples and health care, utilities are so extended they are beyond historical norms valuations at these levels. so you will get a correction in price. so go in and trim off some. if you're going to plant a garden you got to go in harvest the fruit from time to time otherwise it rots on the vine. that's where we are. we're very overbought. take money off the table. doesn't mn sell everything. hold cash until the market corrects and what you can do, buy things cheaper. our job as investors. buy cheap, sell when expensive. right now everything is expensive. >> downside correlation on staples and utilities is not 93%. look it up on a chart, it is not that high. staples and utilities are doing way wellvery oust outperformance on the downside versus the s&p 500. melissa: we have to leave it there. good ideas all of you good debate. >>> approval are of the keystone pipeline project in the wake of the boston bombing, are we prepared to protect our energy infrastructure from a terrorist attack? more money coming right up. melissa: the keystone

in march, we saw the market hold up, but it was healthcare and staples. and now we're seeing the cyclical sectors that let us break down. today, if we look at options volume, the largest option that's traded is the april 18 puts and someone bought 60,000 over the course of the day. people who have been watching the rotation underneath the market, i think, are expecting a pull-back. i agree with joe. i think 15/30 is a crucial level in the s&p. i have sold a lot of stocks. i'd look to buy some at that level, because it should act to support. >> when will we stop ignoring the fact it was a defensive-led rally? >> i don't think anyone's ignoring that fact. i think the notion that healthcare was rallying wasn't -- it wasn't rallying because it was a defensive play. the fact the consumer staples are rallying is not because of defensive play. consumer staples are rallying because there's this theme out there right now that these large companies want to go out and acquire smaller consumer company -- staple companies to get exposure to the emerging market consume

the staples up 17.5%. going into earnings season with the technology stocks, this could lead us out of here. we're going to talk about it later, about apple, google, amazon -- >> you think tech? >> i think tech could lead us out of it. they could lead us out of here -- >> industrials are going to be the story tomorrow. everybody's talking about apple. apple clearly getting all the conversation with its report after the bell tomorrow. how about the industrials tomorrow? dupont, utx, ingersoll, ak steel, those could be the tale more so than just apple? >> but domestically, we were talking about that recently. i like the names in the technology space. i don't know if you've seen this, but seems like there's been a little bit of change in the sentiment where you buy the dips. now it's sell into the rallies a little bit. >> jon najarian, how do you see things? you can talk about tech. the number of companies reporting, significant, for certain, texas instruments, amazon, qualcomm, netflix. >> yeah, i want to go

not the best for staples. i sold my staples, not well i have to say.oing for them is the officemax office depot merger. you bring up an excellent point. i'm out of staples. >> would you put new money in halliburton? >> ultimately we have a strong argument that you'll see more complicated drilling and expertise involved in oil and gas services. halliburton is one of the world's best and they're in the places where it's most difficult to run. this chart has been sideways over the last six months. i think it's a safe place to play. >> safety play, when or if it hits the fan. it fits the fan, i said. gold or bit coins. >> if you're looking for safety, it's gold. bit coins are beta on steroids. this time last week, they were going for $140 u.s. to the bit coin. yesterday they had 460 to the u.s. dollar. today they felt to 110, and they halted trading in them. so be very careful. there's a lot of interesting things about a digital, nondirect, not tied to a government currency, but that's not a safety play. >> mike, this is for you. adp, long-term flat labor

within the earnings what you're seeing is the company that has more stable earns path like consumer staples are doing okay, where the more cyclical-oriented companies are the ones that seem to be disappointing here. you're paying a pretty steep valuation differential for the stable earnings companies like consumer staples. so we would actually start to look to rotater thing the econngomy isto improve and get into more cyclical areas like technology potentially. >> oh, you would get into technology? you see bargains because they've been so beaten down over the last couple of weeks? >> yeah. i think the valuation differential is so stretched at this point, you find a lot of the big stable consumer staples companies trading at 20 times earnings, where you see a lot of the technology companies trading 10 times earnings. so about half the valuation. and we do think there is some good value there as the economy does improve. we think that's a better stunt. >> i want to ask you about economic numbers. next week we are getting economic numbers on housing. and also we're going to get a sense of how

bands of nomadic foragers gave way to settled villages once a staple crop developed. a more efficient agriculture freed some of us from the burden of farming to create wondrous works of art. wars and conquest sparked the rise of great cities. everywhere and at every opportunity, human societies in the old world and the new engaged their environments to organize their lives with inventiveness and creativity. slowly, out of the past, the pattern of human history comes into focus. captions by captionamerica, pittsburgh, pa. funding for this program was provided by...

been coming out recently are not so great and that's really being reflected in many of the consumer staple stocks that we've seen report earnings with shortfall on revenues and maybe just lowered guidance so wall street, i think, has a different opinion than main street. > > what will be some of your earnings plays scott? > > we saw qualcomm come out last night. they actually beat on the top line and the bottom line which for this earnings season we have not seen many companies be on that top line. the stock was down $3-4 dollars after hours trading down to that 62 and a halfish level which is some pretty major support. i think you're going to see a lot of buyers come in. you're going to see that stock rally after earnings because that earnings number actually looked pretty good. > > thank you for your thoughts scott. > > thank you angie. parts of the midwest are preparing for flood damage. the national weather service reports flooding threatens rivers in illinois, iowa, indiana, north dakota, mississippi, and michigan. parts of illinois have already been hit hard. officials will be on ale

i would say the staples trade, the health care trade is getting a little crowded.little bit, don't just focus on the earnings and i think you can pick some spots. >> gold could be cracked on the ice. i don't want to stand on it. >> would you be bearish gold monday? >> i certainly wouldn't buy it. i think it looks terrible. >> all right. very plain spoken. looks like our time has expired. i'm melissa lee. have a fabulous weekend. check out options action

. >> what was interesting, consumer staples touched a 52-week high. an all-time high, did finish by a percent. that was one area where people were willing, willing to at least stick with a little bit, compared to the rest of the markets. >> they've been -- and that's been the leading -- do you want a market that's being led by those stocks? and that's been the leadership. financials and i heard you speaking about this earlier today. financials have been selling off over the last few weeks. i'm -- it's an interesting day. and i think you need a couple more days -- >> is it a moby dick day? >> it's a moby dick day. >> i'm sorry, trade school, please. trade school. >> you bookmarked the day. >> melville, 1840 something, long book, 635 pages-ish. >> i don't feel sorry for asking for clarification. >> bookmark it. in the meantime, let's get to company-specific or sector specific breakdowns that we're all watching. dr. jay, let's start off with you. >> sure. well, for melville, i did grab a starbucks, that is a moby dick reference there, guy. >> nice refere

in the case of the utilities, absolute high yields and in the case of the staples, you look at companiesn continue growing dividends 7%, 10%. not hitting home runs, but consistent, grind-out, stay in the market and continue capturing the -- >> well, what about valuations for the staples? they are trading close to historic highs. >> well, they're trading relatively rich to broad market. you wind up actually having good global growth. you wind up having great balance sheets. and they, you know, compared to what all-time highs, you know, they're not approaching, you know, five, six year ago valuations. utilities have come back and the sector that's recovered most of the difference. >> on a day like today -- i'm with you on housing and the long-term recovery in housing. >> yes, you are. >> you see a pull-back like this, you guys allocating money today to names in the housing market? >> i was a buyer this morning of the suppliers to the improving housing market. a little less exposure to the classic names and more exposure towards wear, you know, you're starting to hear some discussion that p

staples, wal-mart, dell, office depot. a lot of business done on line.nd collecting the sales tax but medium sized businesses, it's going to be a mess. >> stakes are high for a lot of businesses. thank you very much. dennis: health insurance is blaming obama care for the push for a 25 cents increase in the cost of premiums in unone state. we'll tell you what it means for the health insurance cost and the health stocks. cheryl: and netflix shares. look at the one month. but we have an analyst ahead who says be careful. what goes up almost has to come down. we want to take a look at oil. we do it every day at this time and crude is actually higher. 93.91. we'll be right back. [ indistinct shouting ] ♪ [ indistinct shouting ] ma annoutime and salesata. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all onhinkorswim from td ameritrade. ♪ from td ameritrade. trust your instincts to make the call. to treat my low testosterone, my doctor and i went with a

we saw a big pull back in consumer staples names. the telecoms, consumer staples a lot of defensive plays showing signs of rolling over a bit. you are seeing big moves in energy which is showing signs of bottoming out and numbers this morning -- liz: it was yesterday we had mark foster, gloom and doom report, i pushed him a little bit because he is for all intents and purposes miss the equities' rally because he has been so dr. doom about it. my question is it is not as exciting to see these levels, we have not seen a couple records like we have seen every single day but are you staying out of equities? >> you have to be selective in what you buy. the bottom line, price, biggest technical is still positive. it is breaking down, you have to be to some extent so you have to be in the sector you are working with. energy better restored or some of the industrials. liz: we did get some bearish or bullish for prices inventory numbers on both crude and gasoline, crude inventories were built but not as big as expected and you saw drawdown ga

you have consumer staples. up about 17%. you have utilities. these are some of the most defensive names. why are people going for them? obviously yield. there's no yield anywhere on the planet. to me, if you are running there, it just went parabolic. that makes me nervous. it should make investors nervous. >> i'm going to throw out what technical analyst louise rumana said. that is, you take a look at some of the charts for some of the names in health care, they have made things not as tenuous as you might think. you see a big streamline up, but they have been basing for two years. >> that is exactly it. they've been basically since the lows. they have a nice technical set up here. they went parabolic. you know what it reminds me of? apple from the 2009 lows. the way it worked up. it was defensive, defensive, defensive. then last year at this time it went straight up. that was something that could continue to go. apple's a different story. >> you're saying a name like t. and j. is like apple? >> i'm saying it starts to act like it. it makes me

staples probably will produce 5% eps growth and health care somewhere around there as well.e's a compelling earnings case for part of the story, it's not the broad story, but relative to a lot of the other sectors in the market, these sectors are producing earnings growth. and that's worth paying more. >> hey, it's mike murphy, you have a target for the end of the year, what happens over the summer or after a little bit of a pullback to make you say, maybe i need to bring this target up? maybe we can close near our highs, is there anything out there you see a bullish case for? >> the biggest thing is international economic growth. the biggest drag on our expectations right now is coming from materials, energy, technology, industrials, the international sensitive sectors of the index, where our earnings models continue to point toward less and less earnings growth contrary to expectations. so, one of two things can happen, either the analysts can dramatically reduce their expectations for earnings growth going into the second half making it more likely that earnings reality c

and it think staples and discretionary are just a yield chase. a lot of those are high dividend paying stocks. so, this is really a broader economic story, i think, that we're witnessing and perhaps the next earnings cycle is going to bear this out. >> we all agree that technology is facing real headwinds. dan, in terms of specific stocks, which one are you thinking is the most vulnerable? >> you ask the question, what's next. to me, yahoo! is a very stock specific story. they have a new ceo in for the last nine months. a lot of optimism. came from google. a lot of optimism she was going to do things with their core business, which wasn't being valued for anything, when you stripped out their cash and their holdings. here, you have a situation where the stock has go from $16 to $23.25. that's not the case anymore. sum of the parts looks very different. yahoo!'s u.s. core business is probably valued at pretty fair. so, to me, i think this is a really important time for marissa meyer here. she's going to have to show ways to fix their core business

why is it all going into health care, consumer staples, and why the transports? >> i think that's the disconnect. >> why is the growth part struggling? >> is it just for the moment taking a breather? we're struggling with these highs again, not -- will we get through it yes, but once again we're hitting our head and stopping. >> and we have a data point at the end of the week. that will be key to the market. thank you, gentlemen, very much. quiche, quiche is the recipe of the day. >> and let's go to a real man. ty, do you like quiche? >> i like quiche. the italian guy making quiche, i love it. >>> goldman sachs making move on a couple big-name stocks. it downgraded hewlett-packard, explaining that expectations could face downward revisions because of weakness in personal computer sales. humanity packard as you see there, down 6% today at 2186, and that is a major move, obviously. apple moving the other way, but loumen removed apple from the conviction list, saying the most recent product cycle has not driven market share and new user growth that the company antic

and slirt when you look at staples sell for 18 times earnings you can't exactly say that anyone is going to be new to that idea. >> no, but part of the point is that the trade that has worked will still work. >> sure. >> hold on. >> here's what's new. cypress is new. that wasn't new when your mother came to this conclusion. bank of japan is new. your mother i'm sure did not -- >> i'm sorry. is cyprus resolves? >> it's the concern that is going to drive european investors out of europe and into the u.s. >> i was on vacation all last week. cyprus is down. it's not what moving. this whole market and this whole take is about growth. no one wants to step in front of an f5 going into earning season. would rather have a little bit in the marketplace right now. but the cyprus, that's -- >> i don't think -- dave is not saying go into the market with everything you have. i mean, he's one of the best risk managers out there. >> look at all the money coming in from japan right now because of what's going into the yen. you can say, yeah, they're expensive but all the japanese are coming in and buying

that was picked in with a staple.n hours. >> i had a guy from california do it, and it was pretty excruciating the way it had to go down. normal tattoos are done with surgical instruments. they're done in here with a sharpened staple, one dot at a time. so it took forever to do and it hurt really bad. >> other inmates craft sophisticated but illegal tattoo guns from parts of other items they are allowed to possess. >> any small wire can be straightened out and made into a needle. you can get motors out of appliances, tape recorders, cameras. >> when we see tattoo guns in prison, it's usually after they have been confiscated by authorities. >> i got the ink, i've got the tattoo needles, i've got the motor, the tattoo gun, the barrel. it's all right here. >> but we met a pair of cellmates who were so eager to show off their contraband tattoo gun, they were willing to reveal its hiding spot. >> watch him bro. >> i'm watching. >> this is my tattoo gun. i plug it up to the tv. i plug this into the tv and this in to my gun

it's a staple used in everything from tamales to stews. like a rock mollusk pretty much. >> it's delicious. wow. >> so this is like palau, very pacific pago rojo, red snapper. >> steamed shrimp, and nice green tomatoes. on the corners everything where. >> like home made. you definitely have to come to some pacifico experience, either cali or go straight to the coast. you have to have a caribbean experience. a mountain experience, and the other would be to go to amazon, like the jungle. >> i'm planning a vacation. should i come to colombia? come to cali? >> most definitely. you will find great music, great partying, great food, beautiful views, beautiful nature around. >> yeah, yeah, look, the country is beautiful, we know this. but most americans, they're afraid to come. is colombia any more dangerous for a tourist than rio or puerto rico? i mean, my impression is no. when you go to rio, you don't wear a big watch or an expensive suit, you don't behave like an idiot, and life is going to be good. >> maybe i've been lucky, but i've never be

but consumer staples and health care are not down. i do want to point out one group that has been above water most days and that is this group here. back to you? >> you know, bob, i want to jump in here for a second. you showed us etfs. we all loved them on the way up. it's hard to haul a wheelbarrow of gold down the street to sell. it's real easy to hit sell on your gld. >> that's absolutely right. etfs have made it possible to own commodities, bonds, bonds otherseas and stocks in a way that wasn't possible before. to the extent that it makes it easy to own them it makes it easy to disown them. i think that's something that you have to take with the overall market. >> bob, thank you very much. let's get more now on why gold is taking its biggest single datumable since 1983. >> we certainly seen -- i can only call it relentless selling for the last two to three sessions. we're seeing long term holders and short term momentum players. the markets are much more efficient. there is less physical market out there that is floating around t

that's a staple at boston red sox games.onto raptors are among the teams that played it to show support for boston. we'll show more on how the city is dealing through sports. >> dick and rick hoyt. they're staples of the boston marathon. they've run 31 of them, inspiring so many other runners. they had a team of several who on monday, like so many, as they were nearing the finish line, that race was cut short for them as the bombs exploded. that did not stop them. it will not stop them going forward. they're about to talk to us about that going forward this morning. also, the man who not only missed the explosion by mere seconds in boston, but then was driving by that horrific blast many texas later in the week, so we'll speak with him about his week. maybe one he would rather forget. >> then we have another inspirational story that took place outside of boston this week. children facing hardships from illness, to family tragedies. they get a chance to spend the night in the spotlight on an iconic stage. it's really an exper

december of 2011 also newmont mining the best of the worst is what you need like health care or consumer staples that have concerns -- been able to hold on. the dow was down nearly 200 points but still noting the volatility is a breezy here. less volume but worth noting we are all over the place was broad based selling. back to you. cheryl: 55 minutes to go but to follow the other breaking news over the last hour coming out of boston and rich edson has the latest on what we are burning from the fbi about the boston marathon bombings and if there is a suspect? >> what we have now is the boston police department says there are no arrests and the fbi says contrary to widespread reporting there have been no arrests made. we did report on fox news there was an arrest made and the person was to escort soon but the boston police and fbi push back. fox news has confirmed authorities have an image of a young man carrying and perhaps dropping a bag at the second bombing scenee the fbi will have another news conference 5:00 this afternoon. less than two hours. but here we have two letters one sent to presi

flour is is -- four -- used in the main food staple. egypt imports roughly 10 million tons of wheat per year i'm a but this year, the government is slashing that -- per year, but this year, the government is slashing that by half. >> this year, egypt will have the largest wheat harvest in its history. we expect it will be 10 million tons. our dependence on imports will decrease significantly. are facing is we finding silos to store this harvest. >> experts say that more than 10 million tons does not find its way to harvest because it is properly stored. is not. is -- it properly stored. the u.s. is concerned about the gas crisis. even if the farmers do produce as much wheat as the government predicts, there are doubts egypt's transportation system will be able to get such large crops to market efficiently. , egypt may face an even bigger problem if farmers cannot make money growing wheat, many of them might switch to more lucrative crops. >> stay with us. still ahead on al jazeera, campaigning to take control of manila. do any of the ca

few weeks before staples' call, dan in a boeing debate.said. >> to me, what they have here is a big pr problem. i'm actually not looking at the type of airplane. and i will be right now. i want to make sure i'm not on a dream liner. they've had five incidents in two weeks. >> ethiopian airlines became the first carrier to resume flights of the dreamliner and the stock has been soaring up 19% since then. i feel like we were fast -- we're calling out tim, as well. because he said -- >> yeah. let's get that done. two birds with one stone, some people are stronger than others. >> this move is completely mental. this stock is up 24% year-to-date in the face of what's going on. >> i'm sorry, guys. we have breaking news on yahoo. let's go back to the breaking news desk at headquarters. >> melissa, we are getting dow jones out with word and we've confirmed it now. yahoo ceo marisa mayers' compensation, that included about $455,000 in salary and about $35 million in stock awards and that stock is worth a whole lot more since she took every o in jul

utilities, health care, consumer staples. these are very defensive names. they're almost begrudgingly buying these stocks. further more, we're up to that time of year, may 1st we had a correction last year. may 2nd the year before. april 26th the year before. finally we're hitting some technical levels. so while in the intermediate term i think the market goes higher, in the short term we might have resistance from a seasonal and technical standpoint. >> jim lacamp has been keeping score on those peaks in the previous years. dani, a couple earnings report. we've got a bunch coming up. a flood gate opening up on companies reporting this week. >> a big week. >> there are two you're keeping an eye on. >> that's right. too big to fail departments. aig. which everybody has kept an eye on. they have knocked the cover off the ball over the last four quarters in their reporting. beat analyst expectations. this quarter they're actually looked to pull back a bit. don't forget, they paid back the u.s. government. they took a $187 billion bailout from the u.s. governme

and he put his arm around me at the staple center and said thank you for getting me here.w i can do it and take it from here. >> reporter: but hours later -- >> yes, he's not breathing, sir. >> yes, he's not conscious, sir. >> okay. >> reporter: a 50-year-old man in distress. that man is michael jackson. >> michael jackson, the king of pop -- >> was taken to the hospital -- >> there were rumors -- >> he was apparently administered cpr in the ambulance. >> reporter: fans around the world hope and prayed. but the music mega-star would not survive. >> my brother, the legend dare king of pop, michael jackson, passed away on thursday, june 25:00th, 2009 at 226 p.m. >> the los angeles county kor nor would rule jackson's death a homicide. acute propofal intoxication. a powerful anesthesia. coming up, what happened in the final hours of michael jackson's life? and who was responsible? >> reporter: on september 27, 2011, conrad murray, michael jackson's doctor, would go on trial. >> reporter: outside the los angeles criminal courthouse, jackson's international stardom took center s

and he put his arm around me at the staple center and said thank you for getting me here.w i can do it and take it from here. >> but hours later -- >> yes, he's not breathing, sir. >> yes, he's not conscious, sir. >> okay. >> a 50-year-old man in distress. that man is michael jackson. >> michael jackson, the king of pop -- >> was taken to the hospital -- >> there were rumors -- >> he was apparently administered cpr in the ambulance. >> fans around the world hope and prayed. but the music mega-star would not survive. >> my brother, the legendary king of pop, michael jackson, passed away on thursday, june 25th, 2009, at 2:26 p.m. >> the los angeles county coroner would rule jackson's death a homicide. acute propofal intoxication. a powerful anesthesia. murray would be charged with involuntary manslaughter. >>> coming up, what happened in the final hours of michael jackson's life? and who was responsible? ;;;?Ñ?Ñw?w?8Ñ >>> live in the courthouse in downtown l.a. >> on september 27th, 2011, conrad murray, michael jackson's doctor, would go on trial. >> outside the los ange

if you just take staples or nails and put them into the plastic, we're going to get a strong wind and rip it right off. what i'm going to have somebody do is they're going to have -- this is an old piece of shingle. you might have -- everybody has a piece of wood in their basement. it doesn't have to be fancy. they take out this rusty screw begun, and hopefully you have one of these. >> there is one at the neighborhood support center. >> at the neighborhood support center. you're going to wrap this plastic around this board, take your screw. and then screw that in. >> you need a permit for this? >> you do need a permit for this. and you can contact the former head building inspector to get that permit. that's it. now when the wind blows, it's tight and it's not going to pull through, having a single point of contact. >> great. what about this door? take a look at this door. what can you do? let's say it doesn't shut tight. what can you do? >> for the sake of argument, we're on the inside. i can't lock my door at night. i have a very similar, very similar idea. i'm going to take my 2 b

this is a staple in armenian cooking, is that right? >> absolutely, since the beginning of time. our soldiers used to skewer it on the swords. we have a combination of beef and lam and parsley. and every september over 2000 pounds of meat being cooked in three days. >> after all that savory protein, i was ready to check out the fresh veggie options. >> this is armenian cheat sheet. it's tomatos and mint and olive oil. that makes summer food. and what i'm doing is i'm putting some nutmeg. it is kind of like cream cheese. in armenia when they offer you food, you have to eat it. they would welcome you and food is very important for them. >> in every armenian community we feel like we're a "smallville"age and they come together to put on something like this. what i find really interesting about san francisco is the blends of armenia that come together. once they are here, the way people work together at any age, including our grandmothers, our grandfathers, skewering the meat, it's fun to see. fun to see everybody get together. >> we call it subarek. it's a cheese turn over if you wa

and consumer staples. benefit higher asset value homes.added that lower interest rates and debt burdens are capitalizing on funds available. >> still betting on the consumer. go for the consumer? >> that's right. his point is listen, the economy is weak. you can see this morning, you will benefit here at least some consumers from higher asset values. and listen, low rates means more refis. >> i like your thinking. j.c. penney shares are higher today. we'll tell you why and what hedge fund manager said that had some scratching their heads. and next the boxer or briefs discussion. and yes, those are your only discussions. yes, commandos. i know who you are. actually no i don't. and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com everyone's retirement dream is different; how we get there is not. we're americans. we work. we plan. ameriprise advisors can help you like they've helped mi

they provided me with staples to help me with food. i volunteer at project open hand and help to among the meals. those people are most important because they don't have a voice. clients like me depend upon the meals. clients who are also suffering from hiv and aids will suffer more because of malnourish. project open hands prevents me from going hungry. i urge you to provide the necessary funding so the clients are not turned away from project open hand >> thank you very much. next speaker >> good afternoon supervisor wiener thank you for having this hearing. i sit on the executive boards of the ceo. please, please restore the cuts because the cuts will help especially an african-american community i know that working with the ceo san francisco program lawful african-american people can come in there and get the stuff they need. in 1990 i got diagnosed with full blown aids. by having the services available to me i am living longer. i want those people who are coming behind me to have a good life. i've utilized all those services. i've

my overweight is on financials and consumer staples not technology.y are cheap enough yet. gerri: i do relate to you on one level. remember when we would pick value plays isn't answering darts at the board? where do you think the value is right now? >> i think it is still in financials. they were beaten up so bad and they have done pretty well the they have a long way to go and financials is a longer term secular trend and consumer staples at least for right now i'm sorry i guess those of the two sectors i like that would pick financials longer and stable shorter-term. gerri: that seems like a weird part. >> talk about mcdonald's there is right there is a bellwether. gerri: date you for coming. we will be right back. do you trust the government with your personal data? stay with us. own? we gave people a sticker and had them show us. we learned a lot of us have known someone who's lived well into their 90s. and at's a great thing. but even though we're living longer, one thinghat hasn't changed: the official retirement age. ♪ the queson is how do you

staple. life beyond the edge. we go behind the lines with one of the film's most fearless filmmakers. and blast from the past, from rob lowe to run dmc. cell phones to computers. tonight, remembering the '80s and how generation me has become generation us. >>> hello, everyone. thanks for joining us tonight. would being rich make life easier? well, devout lotto ticket buyers and shooting star wishers the world over will say yes. but if they think stacking up the benjamins is the anxious to a simpler, happier existence? they probably haven't heard of the pope family. as abc matt gutman found, these millionaire heirs to the "national enquirer" empire, they give a whole new meaning to the saying, more money, more problem. >> reporter: it's a headline-grabbing family feud. >> i would receive 20 to 30 e-mails from my mother today, asking me about kidnapping and lawsuits. >> that could easily be ripped from the pages of the original tabloid newspaper, the "national enquirer," infamous for breaking news about private live

i could see the staples in the floor.hey used to have a friday pizza lunch and there were a lot of issues that i communicated with about. and i am pleased and grateful that they closed them down. >> reporter: in san leandro, philippe djegal, kron four news. >> pam: here's what we know. the sisters operate a daycare facility in livermore. both face 7- counts of child neglect. investigators say, the two women were swaddling babies, by tying up their legs and arms so they could not move. plus, putting blankets over their faces blocking their ability to breathe. this is not the first time one of the sisters has been in trouble for her treatment of children. state officials investigated lida sharif in 2010. and revoked her license. she reportedly shifted the business to her sister. >> developing news tonight. pittsburg police are searching for a kidnapping suspect. who almost got away with a toddler playing in the front yard of the family home. kron four's jeff bush details the frightening ordeal. >> reporter: it happened arou

>> what we're focusing on is large cap value, primarily consumer staples and small cap stocks.id: johnson & johnson, number of stocks like that? >> correct a lot of large cap consumer staples stocks with fairly dependable earnings, stable dividends and good growth potential because keep in mind we have foreign investors that are real locating from japan, from europe into dollar-denominated assets. david: finally i mentioned inflation, you think it will be low for the near future anyway. should you always look for a dividend a little higher than inflation? >> no. i think the combination of growth plus the dividend will provide attractive total return to investors. david: okay, rich sapper steen, high tower investment partners. good to see you, rich. >> thank you, liz, over to you. liz: the fireworks were flying as the faa chief faced tough questions overflight delays. why he says they're unavoidable and how the white house is responding. plus, let's make a deal. amazon is a big fan of acquiring really solid quality companies with more than 12 acquisition in just the last three y