the stock's had a pretty good run year to date, weiss. i haven't watched any knicks game this year, but i watched the last two. this kid has people watching the games. >> my wife lawrence asked if we could go to a knicks game for the first time in years and years, but the stock, i think it's over-valued it's limited to what he can do. right now it's five games in, but even if he's the messiah, still limited to what he can do. i would sell the stock. >>> times for pops and drops. avon dropping 1%, doc? >> they're being investigated for possibly bribery in china. not a good thing. there are other good things percolating here. >> freeport mac moran. i would be weary of this one. keep that as your ripcord level. >> bank of america popping 3%? >> this is a name again i would use to take some profits here. it's had quite a run, but i would give a pop out for paul pierce. >> and counter. hk. weiss? >> yes. ite great c oeismt in the energy pass. announced today on the ejector pad. so i think you have to keep an eye on the stock right now. >>> com

any one of you guys, steve weiss, first. >> it's truly old tech.no longer the bellwether for technology. businesses are more commodity businesses. i think it's had a big run. i would rather put my money elsewhere. >> kyle, are there other names besides cisco that may continue to be leaders and outperform in the tech world? clearly cisco was in the fourth quarter of 2011 it led tech out of the doldrums of september and clearly looks great going forward. but are there some other names that you can continue to own rather than a cisco and play the good old blue chip tech companies? >> sure. your option would be microsoft. capture a bigger dividend. when you look at cisco, you have eesz si compares coming up for the next couple quarters because the company was in the middle of restructuring. >> not only that, but you can sort of hear it in the commentary if not the trades of my guys. they seem skeptical, right? on cisco. one guy's asking you about other plays, weiss is saying it's truly old. he's not liking it either. i mean, is it possible here -- and

weiss? >> great quarter.tocks are falling. >> marathon petroleum popping 7%. >> this company was spun out of marathon refining. they announced they're probably going to do an ipo, potentially do an ipo of poplines. 7% pop. take money and run. >> navistar? >> a nice pop on news of development of a clean energy truck. >> u.s. steel popping 4%. cortez? >> big move in the name. if you are involved it's time to take profits. if you must be involved in steel i much prefer nucorp. >> stocks hanging out at the highs of the day. look at the banks. bac leading the pack. morgan stanley actually up leading the pack up 7%. quite a jump for shares of mf. bank of america up 4%. jpm up as well as is goldman sachs. >>> next up, should you short the facebook hype? the traders make that call when we come back. americans believe they should be in charge of their own future. how they'll live tomorrow. for more than 116 years, ameriprise financial has worked for their clients' futures. helping millions of americans retire on their

stephen weiss, citi is down almost 3% today. >> i'm not a fan of citi. i don't think it's a particularly well-run bank. and if you go back to what i just said about wells fargo and paribas, this is the exact example of it. citi had to sell which is one of their crown jewels, their retail distribution at fire sale prices to morgan stanley. so i'd rather play morgan stanley than play citi because they're benefiting from it. and from the banks, i'm going for quality, jpmorgan is still cheap as i said. >> simon baker on the banks. >> same thing jpmorgan. i still stay away from bank of america. way too much legislation fear going on there. but jpmorgan. >> terranova? >> i think the bank's right here, the tape is going to take a correct. i think back in the capital markets trade the morgan stanleys the goldman sachs performed real nicely. also black stone, bx, they will perform well in this environment. >> for the first time in weeks i don't hear anybody saying wells fargo. what's up with that? is it just too expensive? >> just an admission, i like wells fargo

i have to think it will. >> steve weiss. >> i agree with that.you comfort of his successors or rumored successors, he's got three of which ones are candidates, would anybody give you comfort if he came out and identified it, i'm willing to buy it now if that were the only reason holding you back? >> the honest answer is no, other than myself. the reason i'm say thag is because we've seen berkshire hathaway be presented with some opportunities that i don't think would be offered to anybody without buffett's reputation. the bank of america deal, the ge deal, et cetera. i don't think there's anybody on the planet that has the reputational strength to earn that sort of deal. so i think we're likely to see less -- fewer opportunities like that. and i think there's also a risk that a lot of berkshire's operating ceos who have a lot of loyalty to warren buffett also take it as an opportunity to retire for themselves. >> we're tight on time. forgive me. we'll have you on again. >> better financials for berkshire to buy. essentially it's a monster conglom

and let's just get a comment first from steve weiss, because stephen weiss bought diamond this morningn? what were you thinking? >> well, hey, judge. i actually bought it in the premarket. and i bought some when it opened for trading. here's what i'm thinking. basically, i don't have a nut allergy. so i'm ok with diamond foods. >> maybe you're just nuts. how about that? >> sometimes you have to be a garbage man. when people throw things out, i look to see if there's still some value there. here's how ridiculous it is. you had an analyst today that lowered his price from $75 to $25 and suspended earnings guidance because he didn't know enough. so i guess doing your homework is apparently too high a hurdle. what i see here is i see $1 billion in revenue, and i see the nut business, which is not going away, at about $400 million of that. so right now if i take the nut business completely away, i'm buying the stock less than one times earnings. i have the former ceo of del monte foods the ceo now. they have identified i see goin is i don't know when the restated financials are going to com

it's interesting because stephen weiss saying he's short the euro against the dollar trade.advising clients to do the opposite. how come? >> exactly what stephen just referenced in a sense that those who have been short euro are growing very tired. many of them got in in the low 1.30s. they're tired and under water. we have oil prices higher. that's taking away some potential for the ecb in terms of what they can do on the interest rate front. but i think we could still see some upside. so it's way too early right now to get in short. but when we get up into the 1.37s, i think that's the perfect opportunity again. all in all, we're having a short covering. but the market is incredibly bearish, euro, overall. i think there's tons of fundamental reasons. >> it's fascinating. last year, last july, i predicted by the end of 2011 it would be 1.25, euro/dollar. i was a bit off on that. obviously it strengthened up recently. i'm hearing that it's because banks in europe are repay rating euros. you have this artificial buying in a way. is this short-term strength by the euro? >> i t

what weiss was talking about. sales look good, but margins. they spend so much for each of those dollars they bring in. i would rather be a buyer at macy's who buy well. it's their way or the highway. >> nordstrom has been doing the free shipping which seems to be eating into profits. ahead of macy's. dr. j, give me your take on macy's. >> i'd rather give you my take on limited, quite frankly. >> do it. >> that is one all the analysts have pointed to as not cutting price to get those sales up. these guys do blow it out next week. ltd, watch that one. as far as t.j. maxx, this is their season. they get all the stuff that came out after christmas and bang, it goes flooding into t.j. maxx. they make the most on this particular time of the year from all the inventory that was cut so aggressively. those would be the two i would watch. >> do you like not macy's or just don't have a comment? the stock had over the last three months a good run. if we could throw the chart back up, it's up in that time frame about 19%. >> i think terri does a great job

but if you believe, as steve weiss just pointed out that the u.s. economy is starting to get into the self-sustaining recovery this is a dip to buy in stocks. i kicked it out of the before, gold. you need to wait on gold now. i think you can probably still stay in stocks here, as long as you believe that the economy's on a self-sustaining recovery. >> cortes, your comment. on a day when seeing silver, absolutely hammered just as gold is down, silver down 7% today been. >> i wish i were short both because i don't like silver and gold but i'm not involved in the trade. a day like this shows you how dangerous and volatile those marks can be, almost $100 range on gold. i'm not a fan of fed policy but i agree with the chairman on this. he reiterated this today. there is still a tremendous amount of slack in this economy. and given that, it is not an inflationary mind-set. you do not want to be owning gold. last time gold traded these prices we had fast-rising wages and real estate in '70 and '80s. you had the opposite today. gold and silver dangerous. i

90 year-old drive into the rebar break-in into sunroom polled sun roof pulled richard weiss to safety it as good an outcome as you would hope in a situation like that >> hi-tech gadgets and hand report crime with an app washington dc software calls crime push software working with android sending text messages telephone calls without having to make a telephone call created at after the abrupt multiple times and once at gunpoint. >> 91 what is great but 21st century 100 million people have a smart phone make sense to have application that can capture things already built and on and iphone. right now the app not as fast as: 911 but developer said it soon will be working on integration with local police department seven day forecast >> all kinds of stuff including a 177 day forecast dense fog advisory in effect beginning right now 11:00 in the morning including all of chicago area except for lake county illinois' cook county and lake county indiana. also porter due to an end to jasper counties in affect until 11:00 tomorrow morning at the right out in chicago 36 degrees. nice temperature

he concludes wonderfully by saying, so go tell your boss the district attorney captain ahas been weiss that i know he's out there looking for the great white defendant. mr. williams over there is not it. much the same as today we come to the conclusion after nearly six hearings that i know that there are those looking for the perfect case to embarrass the attorney general and the president. but after six hearings, this is not it. i say so respecting and understanding that this is a great tragedy, a great loss that requires change and accountability. but if it's done in a way with a hollywood-type persona, it's n opportunistic. frankly it took the minority staff to write a pretty good detailed analysis of what happened and what needs to change. now mr. attorney general, it's incumbent upon all of us to make sure that happens. and as you suggested, there's accountability. but if it's just deflection, we fall into the other movie trap of the day, which is, mr. chairman, your reference, and that's groundhog day. let's remember what happened in that movie. the character bill murray lives th

in this time of environment -- >> stephen weiss isn't that a good point? despite one of the things mentioned in the downgrade of bank of america is the earnings headwinds persist. if they still persist for the group which a lot of people still think they do, do you want to participate in any of these names at this time? >> i agree with simon. i think in the early stages of the market recovery we see the sort of like the lower rate, lower ranked stocks play catch-up. that's what we saw with bofa, that's what we saw with city. i prefer to stay with the quality which is jpmorgan and wells fargo. the other issue i'm worried about in terms of citi is they still have to raise capital. if you take a look at the cds spreads on banks since the beginning of the year, they've come in, in a major way. which means that the credit markets feel a lot better about them. that also is not completely reflecting stocks. and contrary to what zach says i still think they're defensive. multiples are dirt cheap on the quality names like jpmorgan. >> yeah. all right let's move on

dan weiss, jim lucier, thanks very much. that's it for tonight's show.rategic petroleum reserve. we'll see you monday. in the wore the oil we change the filter... tire rotation, suspension, we make suspension checks... every time a vehicle comes into a ford dealership you'll be presented with one of these. we check the belts, hoses... brakes. tires and the pressures... battery, all your fluids... exhaust system, transmission... we inspect your air filter... it gets done,it gets done quickly and it gets done correctly. the works. oil change, tire rotation and more: $29.95 or less after rebate - at your ford dealer. you're a doctor... you're a car doctor. maybe a car doctor... i have copd. if you have it, you know how hard it can be to breathe and what that feels like. copd includes chronic bronchitis and emphysema. spiriva helps control my copd symptoms... by keeping my airways open a full 24 hours. plus, it reduces copd flare-ups. spiriva is the only once-daily inhaled copd maintenance treatment that does both. and it's steroid-free. spiriva does not rep

stephen weiss, phil orlando and stephanie link.oming up on kudlow with the economy improving a zero interest rate from the fed seems absolutely absurd to me. does the fed have the whole story wrong? we're going to ask an expert. former federal reserve governor randy krausener from university of chicago is going to have to suffer through me in the next segment. i am kudlow. we'll be right back. >> what makes scottrade your smartphone's most powerful trading app ? total access - to everything. from idea toresearc. including financials, indicators and real-time streaming quotes. whether you eck your investments every day or every minute, our app can take them from thought to trade. at scottrade, seven-dollar trades are just the start. try our powerful mobile app. it's another reason more investors are saying... i'm with scottrade. . >>> all right. game-changing jobs number. economy improving. why in the world do we need an ultraeasy fed way zero interest rate until 2014? does the fed have the story wrong? well, we have former fede

. >>> funeral services for alexandria paramedic joshua weiss man will take place this week. the firefighter died friday a day after he fell from a roadway while responding to an emergency and suffered a severe head injury. funeral serves with hon in order will take place at alexandria congregation. >>> funeral services for a murdered transgender woman were held this weekend. 23-year-old parker was stabbed to death at a bus stop on east capital street. police have a suspect in custody, but they say they still don't know if this was a hate crime or not. >> i think that you know, just being out and catching a bus and somebody get attacked like that, i think that is a crime you know? people shouldn't be out where they have to be in fear of just walking the streets. >> 55-year-old gary montgomery is being held for parker's murder. he is facing second degree murder charges now. >>> here is a look at other things making news now. the united nations is expected to discuss the growing violence? syria today. new internet video claims to show syrian forces launching new attacks. the ar

i am a 44-year-old mother and help weiss -- housewife from pacifica, california. i am grateful to share my story with you on an issue that is so critically important to my family and others in the same situation. i am honored to be here today with my partner of 23 years jay mercado. i met him as a graduation present when my father brought me to the u.s.. when

i am a 44-year-old mother and help weiss -- housewife from pacifica, california. i am grateful to share my story with you on an issue that is so critically important to my family and others in the same situation. i am honored to be here today with my partner of 23 years jay mercado. i met him as a graduation present when my father brought me to the u.s.. when we met, our love was instant. since then, we have been committed to each other and our family. our relationship continued even after i returned to the philippines, following the expiration of my six-month the set. our relationship was expansive given the long distance. when i return to the philippines, i learned my cousin, who murdered my mother and sister, and almost killed me as well, was released from prison after serving only 10- year sentence. i feared for my safety and i knew i was in danger and understood in order to meet, but -- to live, i have to leave the philippines to jay, where i would feel safe. i hired an attorney to apply for legal asylum. my application was denied, so my attorney filed an app

he takes weiss down into the kitchen. he had 25 points seven rebounds. cavs go on a 16-0 run in the second half. stogland didn't score in the second half. that's bad news. virginia rolling 71-44. >> it's a bounce back came for us. we had to get our passion and energy back, not like in the last few games. it was a big game. >> virginia ranked. some people don't even know that. think back to new year's eve if you can, georgetown was just starting to gain some traction in the season and then providence came to town. this was going to be easy, right? nope, it wasn't. the fryers were within a point with a little under five minutes to play. here's my point, georgetown had better be ready to play tonight when they go to the dunkin donuts place. it's loud and a hard place to win. a win over the hoyas will make the providence season. the coach says we are focusing on this game and that's exactly what they're saying before this game. >> that's just a process, you know, trying to figure out what we can do better and what do we do well, what are they going to try to

. >> don weiss, now with senior create ty people. we were talking about the history of negative advertising and we see how far back it's gone and that it continues and that it's not in many ways very different. however, due to citizens united, isn't there more of it, along with the internet and everything else, isn't there a much greater flood of it so that while it may not be different in content, it's different in quantity? >> i -- i hesitate to speak about things without the data, but i imagine if you want back to the '30s, '40s, '50s and ' s '60s, some of those newspapers were more partisan. fox news as a tv station, or msnbc as a news station, that was sort of the norm for many newspapers and how they did coverage. in this country. is there more negative television advertising? absolutely. what was said in speeches before, what was said in places of worship before, what was said in partisan newspapers before, what was said in newsletters before, what was said on the radio before, i don't know, i don't have the empirical evidence

steven weiss to tomas fleischman. the former cap, beats okung. there goes the shutout, here's the good news, it's the only goal okung gave up. third period. caps on the power play, alex ovechkin side of the vet. nice. it's ove's 24th of the season, game tied at one. later in the third, still tied at one. alexander semin, bottom of the screen. he says to thee doing, you're not stopping this shot. his 16th of the season. it was the game-winner. caps beat the panthers, washington now trails florida by two points in the standings. the capitals continue their four game road trip tomorrow night against tampa bay. >>> the knicks lose for the first time since jeremy lin stepped into the starting lineup. >> did you get that? >> no. struggling early, the first quarter, he had five turnovers and just two points. he finished with a season worst nine turnovers in the game. lin would rebound second quarter, goes coast to coast for the bucket. knicks down 4 at half time. late fourth quarter. new york down 76-71. lin drives pullup, knocks down the jumper, finish

. >> well, our paramedic 35 years old, joshua weiss man, a seven-year veteran of our force, one of our absolute best medics, unfortunately was injured today critically in a fall off a bridge on 395 into four-mile run. z >> the creek is approximately 20 feet below the interstate and runs underneath it. firefighter appeals the efforts of the paramedics. >> all our fire marshalls and colleagues do this every day. we hope this never happens, but unfortunately, sometimes it does. >> fire chief teal asks that people keep the injured paramedic in their prayers. reporting from the washington hospital center in northwest washington, jackie bensen, news4. >> jackie, thank you, and drivers are still dealing with the impact of tonight's incidences. this is a live picture of hooiihooi-395 right now. only one lane of traffic is getting by. meanwhile the southbound hov lanes are open and moving. the entire area was shut down for about two hours this evening as crews deeld with talt with t fall, the car fire and the freak accident. >>> we turn to the weather now. very little snow today. few communitie

the life or points behind league leaders and arch rival celtic clubs only craig weiss says the decision was hard but necessary to safeguard the club's future with some fans accepting what's happened. is an. issue of. season and volatility nobody really. knows but at times like for fans of zambia they gave their team a hero's welcome on their return from winning the africa cup of nations. where the silver bullets touchdown favorites ivory coast eighty seven on penalties on sunday night to claim a trifle for the first time in more than thirty years and thousands more on the streets is the team driven on the back of trucks to show grounds their speeches and show you plan. ahead of their heavyweight title fight britain. has promised to knock. champion vitaly klitschko the two boxes faced off in front of the cameras at a joint news conference in munich on monday many according the fight hard to predict this year's tour is thirteen years younger than klitschko but a great has a much greater reach and experience although she doesn't see that as a problem and is even chosen the round in which w

on how close the euro zone's fourth largest economies to the brink and whether it's future at all weiss within the bloc right now also ahead in the program geographically close but what is going far apart we explore why there was a huge gulf and political support in two neighboring russian regions and whether the same can be expected of the presidential polls this sunday. wealthy british soil. because. markets why not. come to. find out what's really happening to the global economy with mike stronger for a no holds barred look at the global financial headlines tune in to your report on our. now russia's presidential campaign is and during the homestretch was just a few days left before the election the candidates are redoubling their efforts to win the hearts and minds of voters across the country but this is a tough task as people even in neighboring regions often have contrasting moods and political preferences as artist peter oliver now reports the tale of two regions more dorthea and lie side by side over the life there is quite different in the two thousand and eleven parliamentary

it's research from mr weiss to brussels hoping that euro zone ministers my finally and over millions of euros the one hundred thirty billion euro bailout is designed to prevent the country from defaulting on its debts. as they have lived here in r t now the group of twenty major economies made this weekend of mexico to lay the groundwork for a g twenty summit later this year the farm will focus on the social and political dimensions of the economic crisis and up next we talked to the russian finance minister on down so on about what twenty twelve has in store. mr siegel one of welcome to our program i'd like to start with this question a number of world leaders including the russian president are warning of a possible recession and the global economy what chances are there for this scenario to unfold. as indeed this option is possible to a large extent it depends on the efficiency of the decision making by the eurozone countries and those that find themselves in a heavy debt crisis therefore functioning of the financial market particularly in the euro zone and operation of financial

on how close the euro zone's fourth largest economy is to the brink and whether its future at all weiss was in the lock. russia's presidential campaign is and during the homestretch with just a few days left before the election the candidates are redoubling their efforts to win the hearts and minds of voters across the country but this is a tough task as people even in neighboring regions often have contrasting needs and political preferences as peter all over in our reports. the tale of two regions more dorthea and lie side by side however life there is quite different in the two thousand and eleven parliamentary elections united russia wrong turn with over ninety percent of the vote in more doria while they took less than forty percent in that is down with just a few days to go before sunday's presidential vote whoever steps into the top job will have to win over russia's regions each having their own wants and needs evidence of redevelopment is clear to see in more detail via including the building of a new stadium which will be used in the twenty eight team football world cup finals

the arrival of the chinese weiss president issuing paying in the u.s. comes after testing pointing relations between the two economic giants due to meet with his american counterpart joe biden are expected to work on toys against the backdrop of a u.s. military buildup and asia pacific michael roscoe defense out of this rajaratnam school of international studies says the visit is a chance for china to share its world view. it is also a very important hearing in chinese political follicle system it's a year where you'll see a generational shift in chinese political system. being basically represents the fifth generations of new chinese leaders which will take an after after this here he's basically poised to become mature gentle party secretary in october of this here and now become a chinese future president and secondly he wants to give us a sneak preview of what he wants to basically show himself a little introduce himself to the u.s. now there's a very little information on whether he really what he's really worldview what he's world views are so i b

temperature weiss, going to notice this def is -- definitel, colder readings, 43 in half moon bay. 50n san francisco, oakland, 51. 44, livermore. temperatures are going dive overnight. much colder overnight scenario for you. decrease wind. partly cloudy conditions, a cool day. that wind will pick up as well late in the afternoon, and then we'll put in the slight chance of showers developing overnight, sunday night, monday morning so chilly temperatures, 31 in santa rosa, napa, 5. 9 # 39 -- 39 for antioch. 37 in san jose. here's the setup. now on the backside of this cold front. the northerly winds rushed in as it passed through us around noontime or. so the winds have died down, so a colder night tonight. you can get a sense of what is upstream, some of the high clouds starting to move into extreme northern california, and this low is what is going to drop south. you'll stay off the coast but the counterclockwise spin will throw the clouds and a chance of moisture and showers, mainly south of san jose. you can see that on the forecast animation and this is going to bring low snow leve

weiss -- white house cooperated. working with these folks for years.ots of people in the obama inner circle give me interviews. they knew exactly what they were getting into. i never misrepresented what i was doing. and i've packed checked the but. we published excerpts of the times on saturday. and then a really -- i guess to read the interesting things happened. the first thing is that people started discussing the book without having read the book, and that has never really happened to me because the newspaper reporter, everyone reads your work. the other thing is that the white house to start pushing back on some really interesting ways. if they have not really challenged of reporting in the book, like i have not done a phone call from david axelrod saying you got it wrong and did not fax check the notes in the book, but something surprised me was that michele obama went on tv and said i am really tired of depictions of myself as an angry black woman. she also protested portrayals of her fighting directly with ron emmanuel. so that was kind of fasc

otherwise speeds slow on the weiss side of the beltway.here is a look at your average, 38 miles per hour now with a 17 minute drive time on the west side outer loop between 795 and 95. there is a live look outside at the beltway there at 144. looking pretty good in that particular spot. no problems on 95 at south of maryland 24. there is a look at the west side at baltimore national pike. this traffic report is brought to you by your toyota dealer. >>> don and marty, back over to you guys. >> thank you this morning's coffee with is with donnie wahlberg and furnished by cbs. >>> good morning. a huge round of applause. >> hey. >> what is going on? >> working hard and working hard and getting ready for the super bowl. sorry guys, really sorry, very sorry, it happens. >> i was going to say i like your scarf but i guess i don't. >> i have never seen blue bloods in my life. i am watching the science channel. how about you? >> come on guys, look, we love the ravens in new england. it is all good. >> you know what? >> all good. >> it is all good a

>> we could see a little wintry weather but the thing weiss start with rain and most of the system comingd is going to be bringing us some rain. whatever we get in the wintry weather realm it's going to be more conversational. okay? >> okay. >> let's talk about what's going on right now. gorgeous day today right? >> absolutely. >> we got the sunshine. that was okay. temperatures not bad either. we're at 51 degrees currently with a light wind and just three miles per hour and sunshine all through the area. dry air is over us and that will be key with this upcoming weather system. a lot of dry air that first has to overcome. right now the number 46 in olney. 52 degrees around warrenton. 52 degrees falls church. 51 in la plata. then you got 46, a little cooler again over in annapolis, maryland. all right. here is a look at the satellite and radar. not much going on. we got clouds increasing down around charlottesville, virginia, but for the most part overnight we are looking at a mostly clear sky. then by tomorrow morning we're going to start to see clouds increase. here is a look at your te

profiting from the secondary market, we look at alternative weiss you can boost rirns on this special edition of the "closing bell." >> and we're into the final stretch. welcome to the "closing bell." hello, everybody, i'm maria bartiromo live from second market trading floor in new york city. market rallying on wall street today. we're talking about alternatives for investments. we're looking at facebook and anticipating an ipo. what the stock and company has been looking at in terms of valuation from this trading floor. we'll also talk about that, and a whole lot more of what second action market has been like with barry silver. he's coming up in the next hour of the clo"closing bell." let's get to my partner bill griffeth. >> in the home of the first market, as it were, maria, hi, everybody. here's what's happening right now. the rally started right out of the gate this morning. we haven't looked back for the most part. it's a pretty broad-based gain on the street today. financials, technology, materials, even utilities are up sharply today. the dow and nasdaq are on track to finis

schools particularly aligarh university so that is one way that muslims have fought two cope with the weiss -- rise of the west. the other way i talk about in the book is the way of day upon which is more of a turning inward to islam and seeking the resources from within islam rather than within studying the west. >> host: exactly and so you pointed out, for our viewers, he is a seminal figure in history. he comes in the middle of the 19th century. the british have just taken over and queen victoria's now the empress and the muslims of india have to respond. they respond in two distinct ways. they create a university called oligarch university and another institution is created, so to muslim responses to modernity. one is saying muslims with honor, with dignity and cricket, both india and pakistan learned how to play cricket even better than their former masters. we put on a tie and put on a blazer and read books in english and say our players -- prayers so we are proud to be the subjects of the british empire. this is a modern vehicle which in fact there are generations of muslims presiden

. >> steven weiss, we're so realtime you brought sodastream during the break. >> i did. i bought during the break. down 2%. i have one for my kid in college and one at home. >> that does it for us. more fast at 5:00. power begins right now. >>> we sure do. scott, thanks very much. three hours to go in a very busy, very interesting trading day. and investors are talking markets, murdoch and bernanke. not necessarily in that order. the fed chairman testifying on capitol hill. mixed signals from big ben. he says the economy is stronger but the jobs market is far from normal. and he's playing his cards very close to the vest when it comes to qe-3. sue. >> and that, ty, is what rattled these markets just a bit, especially the commodities complex. those comments come as the nasdaq breaks through the 3,000 mark. highest point since december of 2000 with the major averages hitting key levels, how do you ride this bull? >> and ride the bull we must. plus the murdoch mess. james quits as chairman of news international. that's the newspaper division, the international one rocked by

. >> someone's trading i owe steven weiss an apology. i don't owe him an apology.he owns the stock? >> you're used to it, herb, the greenberg effect. herb see you at 2:00. have a good weekend. >> take care guys. >>> times are changing and so are toys. next week the world's top toymaker mattel will unveil out his company is using technology to entertain your toddlers, we'll have your first and exclusive look at what's in store. we welcome bryan stockton, c eo of mattel. thank you for being on the show. ? thank you for having me. >> we have some of the latest items on the set, a hot wheels toy and then i can't tell exactly what this toy is in front of me. let me just get, i guess your reaction to what's happening right now in the overall marketplace for your business. certainly the stock has done quite well, as has hasbro's. >> we feel very good about the condition of the toy business right now. we had a very good year as an industry last year, despite a lot of pressure from the economies. overall the toy industry was roughly flat but we feel good about that because

when it comes to the movement of people, our efforts are not just focused on promoting tourists and weiss travel -- business travel to the united states, we're also enforcing our immigration laws in smart, effective ways designed to protect communities, while to the greatest extent possible under current law, fostering legitimate employment and foreign investment. the bottom line is that our nation's current immigration laws are sorely outdated and in need of revision. president obama viewed such a revision as both a matter of fairness and as an economic necessity. and while we continue to urge congress to take up immigration reform, we have acted on clear and commonsense priorities when it comes to immigration enforcement under the existing laws. we've reduced bureaucratic inefficiencies in visa programs, streamlining the path for entrepreneurs who wish to bring their business to america. we've improved and automated the process for identifying individuals applying for or in possession of a visa who may pose a national security or public safety risk. we're ending practices that break up

we have our "fast money" contributor steven weiss here. >> thank you, simon. >> start off with macy'sa gain of almost 49% since may. buy, sell or hold? >> i think you buy it. here's why. the ceo is unsung because you hear about ron johnson, apple, terry is probably the best ceo in retail. so i would continue to buy. not an expensive stock. they have a space themselves like k-mart in a very crowded space. >> what about o rilely automotive up almost 40% since may. >> this is not a cheap stock. so what you're hoping for is that the csk automotive stores that brought in that as they integrate them in the system provides more upside. i think you have another 10% upside. i would shave a little. i'm going to equivocate say you can hold it but i would not buy more. i would be happy with what i had. >> what about starbucks? 31% gain since last may. buy, sell or hold. >> buy starbucks. it is pricey but growing twice at what the s&p is growing. and with the beer and wine coming in, people like you are going to be customers there. >> i don't know what you're talking about. netflix of course famou

steve weiss, ticker. >> wlp. managed care, raise prices, like it. >> patty. >> cbi. higher gas. >> john. >> utx. >> brian. >> buigld. >> tu for watching. have a great weekend. >>> thank you very much. three hours to go in the trading day and investors are wondering will it or won't it? will the dow close above 13,000 for the week? and maybe more critically, can stocks keep rising as oil climbs higher and higher? we're going to hit the debate from every angle. >> we certainly will, ty. and also big blue's big move. ibm up 55% in two years. you heard me correctly. it's a huge factor in driving the dow higher as ibm approaches $200 a share, does it still have room to run? >> and investors have been feasting on restaurant stocks, but will gas prices take a bite out of their margins? no shortage of metaphors or insight as i look inside the sector. >> i'm tyler mathisen and mandy drury and brian shactman, the friday edition of "power lunch" begins right now. >>> it is a friday. forgot about that, ty. oil prices high er. we'll get to bob pisani in a second see if it will fa

gary weiss' book that looks at impact on culture and politics called ayn rand nation.nist at thestreet.com. here is the book. took a look at it yesterday. explain, it if you could, the connection in your mind between ayn rand's fill philosophy and race for the white house. >> well, what ayn rand did, when she put forth a philosophy of capitalism, she really was the person who was behind the, i think, the movement that we see in this country, you know, that sort of glorifies free enterprise and she pushed through her fill 0 os if i the tea party in the direction of free enterprise away from social programs. and i think that she indirectly pushed the republican party to the right. that's the thesis of my book. >> that sound like opposite things, though. if you push them away from social and to free markets -- >> oh. >> you consider free market philosophy further to the right than social issues? >> i think it's not so much a question of further to the right or left, but she was opposed to, you know, the government getting involved in things like abortion and intruding int

weiss a gonna -- he's gonna come back. . >> reporter: san francisco rolls out the red carpet for a famous i'm also a survivor of ovarian and uterine cancers. i even wrote a play about that. my symptoms were pain in my abdomen and periods that were heavier and longer than usual for me. if you have symptoms that last two weeks or longer, be brave. go to the doctor. ovarian and uterine cancers are gynecologic cancers. symptoms are not the same for everyone. allen: i got sick, and then i got better. . >>> welcome back. 8:53. today is not just valentine's day in san francisco. it's also tony bennett day. ktvu's allie rasmus is live in san francisco where there's gonna be a free concert in just a couple of hours. what's going on, allie? >> reporter: that's right. it's happening here in san francisco's city hall. city hall is a gorgeous building. take a look at the transformation. they've literally rolled out the red carpet. there are two huge bouquets of dozens of beautiful red roses and then the rotunda is filled with gold and red seats. this is all in celebration. famous singer tony bennett.

madam speaker, the founders were very, very weiss when they created the -- wuse when they created the -- wise when they created the constitution. they delynnated exactly what the federal government should and should not be doing. the word education is no place in the constitution. but article 1, section 1 does talk about the house of representatives and the congress. that's where the founders wanted the power to lie where the authority -- or the authority to lie. we are accountable to the people who represent, we are the people's house. we should not be abrogating our responsibility to un-elected bureaucrats. i'm almost embarrassed that any member would want to could that. we need this responsibility. we have the time to take care of it if there is such a need. with that i reserve the balance of my time. the chair: the gentlelady reserves the balance of her time. the gentleman from new york. mr. bishop: i simply point out that my friend from north carolina continues to use words like intrusion and overreach and yet a few moments ago in response to comments i had made during general de

moved past, they're east of the san francisco bay and they're going to continue to push to the east weissa great day. >>> i'm suzanne shaw. our viewers agree with us that santa clara county should be commended for publicly addressing the ecstasy epidemic among teenagers with the documentary shown in their schools. red posts, kudos to santa clara county. i believe education is the approach to take. rhonda warns, ecstasy causes brain damage. anything that can be done to educate potential victims should get full support. forester shares, too many kids have no idea about what's really inside the little pink or blue "happy pill" until it's too late. alex writes, as an educator, my experience with teenage users was seeing and dealing with the aftermath, usually the depression and tiredness. and janet says, the biggest deterrent is the family. your views are important to us. share them online at nbceditorials.com. >>> we are back with more of "today" on a tuesday morning, 7th day of february 2012. we're saluting these nice people who stuck around on a beautiful morning here in new york city. i'm