that's why zillow makes sense to me.ooze, and looking at the next rental. looking at the booze charts you guys showed. >> i think there are also some last-minute purchases. whether people are going physically or they're going online. they want those staples. they want to make sure that they got the extra battery maybe for the cellphone in case the power does go out. and maybe they'll order rush delivery. those are the things i like. >> or the extension cord for the snowblower. we need to let you get back to that. >> later. i can live. >> i wonder if facebook and social are seeing more traffic. >> i agree with jon on that. with amazon, q4 came in light. should have been holiday. there wasn't all the bad weather in q4. most of it came in january. didn't see a huge uptick in the amazon top line number for q4. that's why i'm circumspective about that argument. >> jon, thank you very much. >>> we've been showing you pictures of nasty winter storms all morning. but things, of course, are getting worse in the northeast, at the

david: sites like trulia and zillow got slammed today.a: let's head back to nicole petallides on floor of the new york stock exchange. nicole. >> sandra, dave, we saw truly yo an zillow to the downside, truly yo was down 11% today. closed at 29.97, down almost six 1/2 bucks. this was a huge move it. took zillow down with it. they're both in the online real estate market. that is what they do. trulia came out with numbers and lower profit numbers but they said they incurred a lot of markets expenses trying to get customers on mobile devices, using $45 million for a campaign. cillo said this week it would spend on marketing. they have to make changes in order to get customers in, early this morning. before the opening bell even rang i saw both names as big laggards. trulia after earnings to the downside and it just never recovered. it opened up to the downside and was down all day long. sandra: thank you, nicole. david: while the s&p has soared 35% over past couple years, one index has more than doubled. the s&p's return, bespoke 50 index,

chief economist at zillow.cks have been trading on both sides of the unchanged line, having trouble to make sense of what is going on with housing data and everything else but the nasdaq, as in the and now all up, seven of the past ten trading days. will the market be able to close with the third straight week of gains? might be nice. let's get to the floor show. traders at the cme group and nynex. teddy weisberg, we started to falter 35 minutes ago. what did you see? why did that happen? >> i am not sure why. there is no question that the markets are getting a mixed message. you got a mixed message from the fed minutes and getting a very mixed message from the economy. we traded back up to sort of the recovery highs where we were or the all-time highs in the end of december. a lot of losses in january. we seem to be levitating for the moment and i think the issue is going forward that as we exit the earnings season and the focus becomes more and more the economy, could become problematic for the market and one

zillow, facebook, except tore down here on the bottom, zynga. this is quite atrocious. it looks to us as though zynga is about to come to life in a big way. take a look. here is a one year chart. what is important is how well the stock responded to this trend line. but then most recently this huge bounce off this trend line here with this gap. this was 170 million shares that day, average daily volume is down here at like 20 million. so a massive resent with a gap. it stops at the past top. so pay attention to this $450 level and look at the next chart. we are literally. this is one of the most gorgeous bearish to bullish line that i've seen. if you look at the authority of this $4.50 level, the presum sgs a big move to the upside. the foreshadowing is the 170 million share day that got us there. >> do you have a chart of the revenue decline. yes, that looks washed out. it was a travesty. but two years ago they had $1.2 billion in revenue. last year they had $84 million. >> i think that's a good point. it's the most gorgeous bearish to bullish reversal, but make the cas

zillow, facebook. since their ipo except down here on the bottom. zynga. this is quite atrocious. now, it looks to us as though zynga is about to come to life in a big way. we think that's the opportunity. take a look. here's the one year chart and what's important is how well it has responded to the trend line and this huge bounce off this trend line here with this gap. now, i want to say something. this was 170 million shares that day. average daily volume is down here at like 20 million. so a massive reset with a gap. it stops right at the pass top so pay attention to the 450 level. look at the next chart. we are literally -- this is one of the most gorgeous, bearish to bullish reversals i think i have ever seen. it's a textbook bottoming out formation and if you look at the authority of this 450 level the presumption is a big move to the upside and the foreshadowing of that is the 170 million share day that got us here. >> hey, carter, do you have a chart of the revenue decline year over year? last year? this is one of the thing, yes, that looks gorgeous, looks washed out. i m

we had spencer on just a couple days of go of zillow. >> yesterday. >> just yesterday.lieve they're growing faster. and they're also planning to spend a lot on marketing profitabilitiwise they seem to have more to spend than you do. how do you beat them? is it just smarter marketing when they've got a lead momentum, and deeper pockets? >> yes, the way we look at this $45 million is we look at the 5 million homes sold a year. it's from the analysis that we've done we see an opportunity to touch the majority of the people they're going to look to purchase a home next year with that $45 million. so we felt good about that. in fact, we think that diminishing returns, spending above that number. so we're very confident in that and very confident in our product. we're a silicon valley company engineering in dna. the proof is in the pudding. we want consumers to engage with our products. we want real estate professionals to use our services. we feel good about the foundation we built. now the opportunities, build this out, scale in for the long term and that's the opportunity

zillow expects them to go to 5% by the end of the year. lending activity is going to slow down. something expects expected to drop by 40% to the tune of a trillion dollars. wells fargo, making more money and profit. gerri: new business. you think if wells fargo does it other lenders will follow because wells fargo is the leader? >> they do 19% of all mortgages to the tune of 400 billion in origination. they are the big one. the question whether other banks will follow suit. some of them might. some might not want to assume that risk. but they are a big one. if they want to stay competitive, some others will get into the game. what is interesting you have smaller players -- gerri: doing the same they're not calling it subprime loans. repurposeing it, calling it something different because subprime has so many negative connotations. gerri: talk about that. because my fear with this story we're going back to a period where there is really no rules. banks give out loans willy-nilly. >> i don't think they will do it that way. wells fargo will do it very slowly and methodically. they

zillow surveyed more than 100 real estate experts and economists and asked them that. 79% of them saidl investors who have bought close to 200,000 homes started selling their properties this year en masse, there would be a, quote, significant or somewhat significant impact on markets that saw the most distress. but the survey also asked when they thought investors would start to bail and the vast majority said not this year. 57% said three to five years from now and 33% said 6 to 10 years from now. just 4% said investors would sell this year. >> they bought at market troughs and then they paid 20% to 30% discounts because they were buying distressed. and they're in markets where rents were increasing. so they're holding onto a cheap property that is massively cash flow positive. i would see no reason why they would seek to unload those properties anytime soon. >> so they're not selling, but we do know investors have slowed their buying, which is already causing some scary results. take phoenix, for example, were sales are down 17% year-over-year and supply is up 30%. that's going to hi

linkedin, zillow, blackberry, workday, sales force, zulily.ice runs over the past few months, the retail investor gets in, it's like i have that app on my phone, maybe i want it, it's really kind of dangerous out there. it might suit them well to remember the big old stodgy stocks. nothing wrong with a bow tie. >> the market -- >> the bow tie. >> i'm saying there's nothing wrong with the bow tie. >> the bow tie is happening. but the market has really been sort of a momentum market over the last couple months. what you see today even before the ukraine situation overflowed into the rest of the market was beta coming out of the market. that may be in front of the weekend. it may be just profit taking in front of uncertainty or potential uncertainty. that's not an abnormal reaction for a market like this. it's come a long way. >> thanks, every. stick around and catch tim seymour on "fast money" at 5:00 p.m. we'll look forward to all of that. more ahead on the market's mixed performance today after a day of mostly green arrows. markets turn negati

so on the bull side, zillow is reporting a rise in inventory. in 22 out of the nations largest housing markets, the inventory is much needed heading into spring, but remains to the seen again if it will be enough. we have so much more of this online realty check it out. >> diana olick reporting. >>> earning season nearing an end today with walmart's report. it's the granddaddy of retailers. look at shares. now down $1.34 at $73.51. the world's biggest retailer earned $1.60 a share, down 7 cents a share from a year ago. a profit forecast that was lower than wall street was hoping for. walmart didn't hit that triple threat, or the hat trick, and neither did 492 other companies in the s&p 500. seema mody is looking at the eight that beat on earnings, guidance and estimates. >> that's right. the triple threat, tyler. there are eight companies that have made that list, according to facts that three are repeats from last quarter. netflix, red hat and lam recertain. all three tech names outperforming the s&p 500 the past three months. new companies tha

zillow, facebook. since their ipo except down here on the bottom. zynga. this is quite atrocious.ough zynga is about to come to life in a big way. we think that's the opportunity. take a look. here's the one year chart and whaetion important is -- and what's important is how well it has responded to the trend line and this huge bounce off this trend line here with this gap. now, i want to say something. this was 170 million shares that day. average daily volume is down here at like 20 million. so a massive reset with a gap. it stops right at the pass top so pay attention to the 450 level. look at the next chart. we are literally -- this is one of the most gorgeous, bearish to bullish reversals i think i have ever seen. it's a textbook bottoming out formation and if you look at the authority of this 450 level the presumption is a big move to the upside and the foreshadowing of that is the 170 million share day that got us here. >> hey, carter, do you have a chart of the revenue decline year over year? this is one of the thing, yes, that looks gorgeous, looks washed out. i mean, it

according to zillow, we looked back at home prices. the average home was around $920,000.ow a little more than two years later the average home price in menlo park, listen to this, $1.8 million. the average home price doubled in menlo park. cannot be sure how much is due to facebook but no doubt its employees had a big impact on the neighborhood. >> especially when they went public. thanks so much. >> hard to imagine years ago when it was $900,000 for a house. >> chase mentioned this is what the facebook home page looked like in 2004 when the site had just one million users. a list of some other differences between now and then. it was called the facebook back in 2004. there were no photo albums until 2005. you couldn't tag photos. there was no mobile app until 2006, no newsfeed until 2006. >> it's astonishing how quickly things move. >> and change. >> you think you had an iphone for ever and then you look back. >> hasn't been that long. i want to check in with meteorologist christina loren. one thing tried and true that good old fashioned umbrella. >> yeah. you need it. h

zillow looking at 45%. the street looking for 131% growth and canadians will 60% growth.heck these on a daily basis but don't get nervous. don't worry about that. stuart: if you are 20 years old u.s. 60 years. good stuff. now we are joined by dr. ben carson. as you know he is a world renowned neurosurgeon now retired by the way a critic of president obama and fox news contributor. we are asking every prominent person who comes on the show the same question which is has president obama fundamentally changed america? >> he has certainly advanced the goals of those individuals who have a utopian view in which the government controls everything and take care of the people. he is not the first one to do that. we had others on the same view and what they have to do when you want to change a society from a free society where people have a lot of self reliance to one that is government controlled, number one have to get rid of god so that you can replace him with the government, you need to have the government deciding what is right, what is wrong, what is moral, what is immoral.

zillow released its list of the best metro's for meeting your valentine and san francisco topped theop five are a number one san francisco, no. 2 lost vegas, no. 3 loss angeles, no. 4 boston, and number 5 hartford. >> to create the valentine's day index, they look for areas where large number of singles that have a high median income, as well as the density of bars and restaurants making up the metros social scene. san francisco red no. 1 for a few reasons, number one more than half of the population of 52.6% unattached. no. 2 despite hybrid, was in the area are making 65 percent more money than the national average. >> coming up on the kron4 nils. the western span of the bay bridge is getting a new name. we will have a live report coming up. >> an intense situation in san mattel this weekend as a car day goes over a cliff. will tell you what happened. yourducaon ibuilto he movyourareeforwd. re'sow: we work th ldingmplors lea whayou ed tlear solass impt yo carr. while heing sureredi you' alrdy ened y of anwe he caer pnnintool to kp yoon tck evy st of e wa plus thereshn fieen, n't all

. >> zillow. >> the queue for writing the book and being here tonight.my question is that i think everyone, no matter how they felt about the crime on either side of the aisle in laramie or nationally appreciated your investigative nature and for finding the truth of what really happened. are you concerned that any misguided people will take you rode in the book and create a new kind of false narrative where they say, well, see, there was not a problem with telephone bien this country or in the world today? have you seen that? would your response be to someone who seems to hold that misguided attitude? >> first of all, this fall eye toward around the country to 32 cities and towns. and so tonight this is number 33, but i have had a chance to talk with people all around the country. i have done about 45 radio interviews. and radio interviews have come from radio hosts across the political spectrum. and i have made it very clear that do not want to be part of politicizing what is in the book. i did not write the book for that reason. yes, there have been s

i would basically buy an internet basket across linkedin, twitter, facebook, zillow. >> is that becausemost random who goes to the wall and loses their power? >> i can't pick which will ebb and flow in any given quarter but i know on a net basis these companies will replace the traditional media companies. >> i thought you would say you would put it all on buzzfeed. >> it already is. he gave me a new $1,000. >> it's simon's $1,000. >> i think investors should index into this stuff basically. >> have a good weekend. good luck with the schooling options. >> thank you. i find out about kindergarten today. >> that's one that people find quite a bit. >> everybody is finding out today in new york. >> are they? >> yeah, a lot of depressed parents. >>> let's get a quick market flash. >> good morning. check out shares of cigna, the insurer posted weaker-than-expected fourth quarter, impacted by higher costs in its private medicare business. it also forecasts its full-year outlook below street estimates. the stock currently trading down better than 8%. a quick programming note here. in a cnbc exc