. >> the fcc commissioner and todd boyle, director of common cause. ♪ >> i'm pimm fox.s is "bloomberg west." president obama submitted his 2016 budget to congress today. this area of health care is believed to have huge potential, but could present problems when it comes to logistics. caroline jen joins us to explain, covering biotech for us. what an interesting thing this is, combining specialized medicine and big data. >> exactly. the president's proposal -- the idea is to gather volunteers up to one million people together and gather data on them. characteristics, whether it is hair color, eye color, and your habits, and the idea is to draw links between underlying features such as your genes to the way you're experiencing disease. >> it is not at all creepy data the government have all that information? the privacy issues, would this become a serious issue? >> i think the government is well aware this is going to be a question. they specifically set aside some money to figure out that question. how do we ensure that the data is kept private? what they're doing diffe

state representative todd stephens and congressman pat meehan and brendan boyle toured the facility yesterdayevelopment plan calls for new homes, school and commercial development that would bring thousands of jobs to the area. boyle tells us he wants to hear from the navy on exactly when it will turn over the land to local officials. >> they are well, well behind in what the time line they originally promised. >> boyle and meehan said they wrote the navy last month asking for a time line for an environmental cleanup and study at the site. >>> if you are looking for something to do this weekend, this is the last time you can check out the philadelphia auto show at the pennsylvania convention center. it runs from 9:00 this morning to 10:00 tonight and then again tomorrow. if you're down the shore, stop by the atlantic city convention center. the boat show is going on. that's today from 10:00 in the morning until 8:00 this evening and then again tomorrow. >>> if you're about to file your tax return online thieves may have already beat you to it. why turbo tax had to shut down e-filings for 24 h

todd horowitz. he sounded an alarm bell as this market continues to climb. a, basically said don't fight the tape or the fed. >> thank you. liz: brian boyle, what are you fighting at this point? any fears we're now in the sixth year of a very significant bull market? >> well we think you have to proceed with caution. obviously we've been climbing a wall of worry over the last six years. from our standpoint we're looking for things that haven't performed as well during that run-up. things that maybe got left behind that still have some upside. we think financials fit into that category. certainly oil and gas. there are names in that category as well. david: jamie, you think nasdaq will take off bigger than other individual markets. why? >> if you look at indices, s&p, dow, the nasdaq has not reached its prior high from 1999. or 2000. so, we're just a smidgen away from that happening. when that happens, you will get a break positive, maybe to 5100 on nasdaq. you see a lot of technology companies flush with cash. we're sort of living in a world where technology is taking over. i mean we have apple, google. there is an area where all the mone