And, of course, kelly will be interested in this. Who killed egan. Weve gotten more discussion. Amc has if the new thing coming out. Well have plenty of questions with Norman Reedus. Weve got an interview with Howard Schultz, ceo, about his push of starbucks to china. And you saw it live here on cnbc. Donald trump wrapping up the News Conference after clinching the nomination. Well talk energy among other things coming up. Ceo at the happiest place on earth isnt hopeful with Bernie Sanders. Well tell you whats going on with this one coming jup lets start with u. S. Foods, their initial offering, and how that may help the ipo thaw a little bit. Mary thompson on the floor. Hawaii, mary. Hi, bill. Things were quiet but now its hopping. U. S. Foods was one of four stocks to make their debut here at the new york stock skparng. Lets take a look at where its trading right now. It priced at 23, which is toward the high end of the range, but its up ever since. Now 2471. Why is it its the second largest ipo of the year and basically marx its one of six that traded today. 31 ipos so far in 2016. As farr as numbers go, its down. Consider this. Were starting to see a pickup in the number of Companies Going public. There were only six, there there were seven in april and 18 in may. Again, six of those happening today at the New York Stock Exchange and at the nasdaq. And, again, u. S. Foods being the highest ipo. You can see. Take a look at the intraday on the stock. Its the second largest food distributor in the u. S. And so far with the gain, its the tenth best performing ipo in its first day of trading. But roy were starting to see in what is typically a slow summer business, year over year is still down about 50 . But, again, investors are very happy to see a recekre recent p the month of maying. Momentum for the markets. Oil is also continuing its dramatic comeback. 50 a barrel. Jackie deangelis has more. Thats right. We didnt close there. We actually closed a couple of cents lower. 49. 48 is where wti finished the session. Interesting because oil price over 50 is something people think were going to get before going to the Holiday Weekend. Short covering responsibility for some of the support weve seen. Paem dont like to go into a threeday weekend. Its that what if mental. Meantime year to date oil prices have risen about 35 . Theyre up 50 np the last three months. We receive such wide swings in price. Usually were talking 5 to 10. The upside limited from here most say. About 51 and to the downsiding maybe 48. About a 3 rairj in the coming weeks. The reason were seeing support, they dont be the fact that the dollar is backing off. Also the Global Supply outages are concerned. Still big problems in nigeria. Also refinery strikes in france are in focus. Finally that summer driving demand certainly kicking off as people get to hit the road and go way for the weekend. Thats going to boost things. Gasoline seeing a high as well. Certainly thats reflected. We could test again tomorrow. Maybe get the close there as we head into memorial day. Jackie, thank you. Is it just about traffic . Is it just this city . It was crazy the last couple of days. It has been. Traffic, traffic everywhere, people heading out. Lets get to our closing bell exchange. The notorious Eugene Profit from Profit Investments is back with us. Rick santelli checks in from chicago. John, i dont know im going to sound like im grasping at straws here but its the first time in a while that weve had a pretty decent market without a big pullback the next day. Were kind of sitting here. What do you read into the market here . We are. Its very refreshing to see the nonactivity that were seeing today. This market needed to see a real decision. It seems like its not Strong Enough to take a step to the next level but theres not enough negative news out there thats going to force us into selling or taking away any of those gains we saw this week. Theres no panic when is this going to turn south. Were heading into the Holiday Weekend and to go with the same mentality that jackie spoke about with oil, i dont think people are going to want to hold onto the positions. You might see a selloff tomorrow but nothing to be concerned about. I dont think were going to get anything too shocking or unexpected for this mark. So i would expect somewhat of a quiet day the rest of the day today and tomorrow. Okay, eugene. If we look back at the year, it looks like energy is leading the way. It looks Like Health Care down 2 . Where are you placing your money . Well, i think thats actually quite interesting. If you look going back to october, its been weak. Now its come back up to where its touching near 50. Im actually in consumer discrecharies. Im somewhat in health care. I think a lot of whats been going on is a lot of Short Covering going on. Interestingly enough, if you look at the s p 500, all three of them are pretty poor performers in the last three months. Theyve got their gain really only in the last week. All right, rick. What do you see that catches your attention as we head toward the memorial day weekend here . I think our guests have nailed it. Ill tell you we have closes in every market outside the ones involved in equity. I think that threeday weekend, 3 1 2day weekend with the early closes has really accelerated a lot of the version that normally goes on in front of a weekend. So were looking at the highest prices, lowest yield of the week and all the complex. The catalyst, as soon as that sevenyear auction was done and the 88 billion and supply moved out the door, you could see a sea kmaunch. Crude oil, i know youre going to see it tomorrow but you might have seen the effect today. Durable goods orders. A lot of debate. We can go into the weeds but suv face it to say, forget percentages. Up 0. 3. Think about the proxy for capital investment, orders. Nondefense aircraft. Think of that total dollar amount. The benchmark revisions moved it lower. Now we look at our percentages again, but really its because of the dollar amounts. They didnt retooth what was some good news in durables but the business investment, we talked about why, whether its obama. Kind of doing it on the fly. All these things have caught up to us. Hence were kind of in this 2 economy. You know, the feds debating what to do. It could last like this for a lot longer. You know, ju jean, we have this interview coming up with Howard Schultz of starbucks. You mentioned you like the discretion. Do you like all of it and why is it a sector you like to be in in. Actually i like to be contrarian. If you look at a lot of the Consumer Discretionary earnings, it started last week. Then on the ohand, youve seen that. I this i the way the companys executing, youre going to get performance on a longterm investor and sort of the trade of the short term news and so im not concerned about the impact of Companies Across the board. I own starbucks. Theyve done quite well over this time period. I do know they paid a huge price. That plays a very major role in the actual performance in the companies. John, we all know 50 is sort of a pivot point for a lot of oil traders and Oil Companies and countries that develop oil as well. What does it do to the stockmarket . Do you carry it with it or is it a headwind . I think it would l be a headwind. I think investors are comfortable when we keep it as a night fourpoint range. It seems as we step higher, the overall effect of oil prices on our equity markets, were not going to see that lockstep move. If we continue to move higher quickly, that might be movement for the equity stockmarkets. Well see what happens. Gentlemen, thank you. Weve got 50 minutes left in the trading session on day when the dow has been slightly lower. Not a lot of volatility. The industrial average was down 47 points at its low, now down 18. Well be mentioning its the 120th birthday of the Dow Jones Industrial average in 1826 when 12 stocks started trading at the New York Stock Exchange as an average. Dont google it, but do you know the stock thats been in it the entire time . You know it. I know it because of him. That will be up. A straight month of gains. Starbucks announcing plans to open a Coffee Roastery in china. Up next, Howard Schultz discuss this big plan overseas. Bob iger, the slam against longtime president ial nominee Bernie Sanders. Coming up, why so many heads of business are coming out of the shadows to take on Bernie Sanders. And wells fargo launching a 3 down payment mortgage. 3 . Are banks forgetting about the kinds of risky loans that sparked the housing collapse . Sheila bair ways in later on the closing bell. You pay your Car Insurance premium like clockwork. Month after month. Year after year. Then one night, you hydroplane into a ditch. Yeah. Surprise. Your Insurance Company tells you to pay up again. Why pay for insurance if you have to pay even more for using it . If you have Liberty Mutual deductible fund™, you could pay no deductible at all. Sign up to immediately lower your deductible by 100. And keep lowering it 100 annually, until its gone. Then continue to earn that 100 every year. Theres no limit to how much you can earn and this savings applies to every vehicle on your policy. Call to learn more. Switch to Liberty Mutual and you could save up to 509. Call Liberty Mutual for a free quote today at see Car Insurance in a whole new light. Liberty mutual insurance. Man 1 man 2 i am. Woman exmilitary . Man 2 four tours. 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Weve been there 17 years in china, we have over 2,000 stores. We talked about this before, about how much faith and confidence we have in the growth of china. The roastery has exceeded our expectations. It creates a disperse mnlts of theater and romance and we felt so strongly it belongs in china. Weve got a location second to none in china. It will be neck and neck. What opens first. China or new york. But it will be back to back. I was also surprised to read shanghai has the highest number of starbucks locations of anywhere in the world, is that true . Thats true. Over 300 stores in shanghai and still growing. Our business in china continues to be quiet robust. You know, weve talked before. I believe very strongly over the long term. There certainly will be some cyclical changes in the economy there, but were built to win there. I wouldnt be surprised if one day we have more stores in china than we do in the u. S. Which is remarkable. You guys have two 2,000 locations i understand, but 7,000 in the u. S. Youre saying youre going to make the Chinese Market bigger than the market here in the u. S. . I think its very possible that our business in china will grow past the u. S. And the reason is weve been so successful in china over many years and were just starting to get the morning daypart where were educating local chinese to drink cove in the morning. Whats really encouraging is how well weve done in the secondary and tertiary cities. We have over 100 cities. Were actually taking our entire board to china in a few weeks which is indicative of how important it is to share strategically with them whats happening. Were positioned lie no other Consumer Brand or western briks and mortar retail. Would you accelerate the pace of your store openings . You said its 500 already. But could you ak selling raise that . No, i dont thinks possible to open more than one store a day. In speaking about china, Shanghai Disney will open on the 16th and our partnership with disney has been so successful over the years and i think my good friend bob iger who gave us the pull position of starbucks opening at the entrance of Shanghai Disney on the 16th which again speaks to the power of the starbucks brand and the confidence that disney has in starbucks. How much does a coffee go for in that location . Similar to the pricing we have, you know, throughout china, which is consistent with the u. S. , and i think, you know, what weve demonstrated over many years is the Chinese People view starbucks not only in terms of a luxury brand but value for their money. We look at yum brands and theyve had some struggles in china. There are a lot of Tech Companies that have had to pull out in china. By the way there are those who are concerned with relations with taiwan or issues in the south china sea. How can you remain confident that china is going to be the place starbucks can and wants land do business Going Forward . Well, kelly, i probably have been to china over the last ten years as much or more than any other public ceo, and ive gone there not only with the intent of building our business but working with government officials at the local and state level demonstrating the values and the conscience of our company. What were doing is quite unusual and the relationship weve built with our municipalities. There are going to be cyclical changes as they go through this significant economic transformation, but i think what weve established early on is a great enduring relationship with a local customer and as i said the municipalities, and im very optimistic over the long term that we will succeed there and build longterm value for our shareholders. Would a recession in china whether we know it or not, if that were to happen, would Something Like that slow your plans at all or would you continue to accelerate through that . I think we will stay on offense. Opening 500 stores a year over the next five years, you know, if theres something cataclysmic, that certainly could change our plans, but we have no intent of slowing down. Were building our business in china and playing the lone game and feel very good about our strategy. Last question. Theres been as much focus on india as there have been for others including apples of the world and that sort of thing. Whats left for you guys to crack . Im glad you brought up india because we dont get a chance to talk about that very much. India is market where weve got a great partner with one of the leading companies in the world, and thats tata. We have a hundred stores in india including major cities. Growth will be slow because of infrastructure issues but our growth in india is going to parallel the growth in china in terms o the number of stores well have over the long, long term. Again, market that i think is great for us, we just opened in south africa. I think the continent of africa is all white space for starbucks. Were engaged a number of conversations and emerging markets there. And, again, were still early on. Even in our domestic strategy, were opening 200 to 300 stores alone in the u. S. Dont lose sight of this fact, which i think is so vitally important. Over the past five years, our best performing class of stores are the stores weve opened this year. So despite the stores weve opened in the u. S. , were finding Growth Opportunity and great unit economics. So there you have it. I mean they still see huge potenti potentials. By the way, the samestore sales, sales in the u. S. Are still quite healthy. He used to say this a lot but he doesnt say it anymore or he hasnt lately. It used to be that they would create their own demand. Each store created its own demand. When you talk about the number of stores in shanghai and how theyre going to increase that, look around new york city and washington, d. C. And chicago. Theyre on almost every Street Corner as its created its own demand. Starbucks is nothing more than a coffeehouse but its genius is that it sells an atmosphere. And ive never heard howard describe it as he did today, theater and romance. Thats a perfect description of the atmosphere theyre able to create universally around the world. Yeah. Its an interesting point. When apping just opened that San Francisco store, one of the things that we heard them say about it is they wanted it to be the gathering space. So a lot of companies are realizing that being the gathering space itself is very valuable. Something starbucks in way has pioneered. Thats starbucks ceo Howard Schultz. Keeping an eye on the market, the dow is down. The s p is higher by two. The transports are down. The vix is higher. The russell is up a bit. The larger story i would say is the dow is looking for its fourth straight month of gains here. The russells, their third respectively. Donald trump officially qui clinching a delegate. Well talk about his energy poll sig coming up. And is the media energy the apple of apples eye. Well hear from somebody who says the tech giant has discussed a major deal with a media company. Stay tuned. No one surface. No one speed. No one way of driving on each and every road. But there is one car that can conquer them all. The mercedesbenz cclass. Five driving modes let you customize the steering, shift points, and suspension to fit the mood youre in. And the road youre on. The 2016 cclass. Lease the c300 for 359 a month at your local mercedesbenz dealer. Welcome bachlk. Markets in consolidation mode. The dow up in the red barely and the s p up 14. Lets send it to susanly for an update. Nathan hup bard whos ahead of media, both are leaving according to multiple sources. Shes leaving on her own accord according to these same sources. Meantime his depower tur comes after he dissolved the Commerce Team that he headed up. No specific departure dates are noun just yet but twitter has been shrinking its work force, laying off 8 left year. Theyll now be umbrellaed under one person, currently the vp running twitters amplified. Heal take on all the responsibilities both leaving expectations. As with twitter shares, we e saw the leg down after of these two departures. Back to you. Susan, thank you very much. Donald trump is in north dakota. Hes speaking right now about Energy Policy, on this the day he clinched it. Hes giving an address at the petroleum conference. Energy in general and the Keystone Pipeline in particular were popular lines of questions that he received during that News Conference. He gave his support to the controversial pipeline but with a caveat. Im saying yes, we will absolutely approve it. I want to build. But i want a piece of the profits because were making it possible to happen through Eminent Domain and other things. I want a piece of the profits for the United States. Joining us now, a delegate from north dakota and supporter of donald trump. Welcome, sir. Welcome. Thank you. Thanks for having me. So this particular way of kind of setting out the trump agenda, how would it be different from president obamas . What jumped out about his comments and how important would the Keystone Pipeline be going for . Its critical. Theyre the number two producer of oil in the United States and tremendous jobs come out of north dakota because of the energy field. Its down a little bit now. Theres so much overregulation going on in the oil industry, also at the pipeline. And you see the same thing with coal. North dakota is a big coal producing state. This is going to be a huge major policy speech which is different. They want to shut down the energy industry. And donald trump made it very clear, one of his top goals is to have the United States be energyindependent. Im glad you brought up the coal question because when you do the math, i wonder if it adds up. Many coal workers have lost their job because of the more attractive pricing of oil because of the fracking. Can you have it both ways if hes promoting more fracking, which, of course, has been a boon to the north dakota economy as well as other parts of the northern plains, but can you also put more coal workers back to work if coal is nowhere near as attractive an Energy Source as oil from fracking is . How can you have it both ways . One of the concerns in north dakota is we have a number of coal plants that have not shut down. We produce a lot of coal and we dont want to lewis those jobs. Theyre high paying jobs. The coal workers in north dakota have enjoyed a High Standard of living because of the coal industry and its not only doing new products but its keeping the coal plants open that are keeping open cheap electricity. Of course, natural gas is cheap and youre seeing conversions. So much of it is attitude. Hillary and Bernie Sanders, theyre over the top when it comes to producing energy from fossil fuels. Theyre wrong and the wins theyre promoting is not Cost Effective at all. It looks like donald trump has clinched the delegates for his nomination, so is the attention starting to pivot toward the convention this summer and what you do expect as that draws closer and out of the convention itself. Well, i talked to some of the trump staff earlier today. And theyre saying this is like none other. He will be very involved in the process. Now that hes hit that number and im excited, he was in north dakota. He picked up a number of delegates. You saw earlier where the press conference, i was one of them. 6 they pushed them over the top. I believe its going to happen. He gets the nomination. So i would to love see it happen. Americans would love to see it. Its been great. Thanks, gary. Thank you for having me. Time now for a cnbc news update. Hi, bill. Good afternoon. Heres whats happening. Two navy jets collided off the coast this morning. The navy says the two f 18s were on a routine training session. A commercial fishing ship pulled all of them out of the ocean. They were taken to the hospital with only minor leaders. They discuss long wait times at the nations airports. They all blame high attrition and staffing as the problem. Baylor university has demosted kenneth star after an investigation found fundamental failure by its handling of Sexual Assault of football players. Starr served as a basis for clintons impeachment in 1988. They also fired the coach. And pittsburgh is aegd to their practice team. Theory not human. Its a remote robotic tackling dummy thats helping the team run drills in offseason. I understand it weighs about 140 pounds and never gets tired and yet somehow it wouldnt seem to be as fun watching two teams of them do that. You can do that but its called video games. Or foosball. Thank you. Less than 30 minutes left in the trading session. The dow celebrating its birthday with a ninepoint decline. Up next well hear from somebody whos bullish. They should be buying on the dips. And hes ever favorite motorcycle riding zombie killer on the walking dead. He does a lot. Norman redoes is hitting the open road and hell be riding up to the New York Stock Exchange later on the closing bell. Stay tuned for that. Olay regenerist renews from within. Plumping surface cells for a dramatic transformation without the need for fillers. Your concert tee might show your age. Your skin never will. Olay regenerist, olay. Ageless. And try the microsculpting cream you love now with lightweight spf 30. Welcome back. A little less than half an hour to go in the trading session. For a look where markets might be moving next, im joined with mark new tennessee of newton advisers. What have you got for us today . They move back in high territory, so heres a daily chart of the s p going back. Its interesting. There are three reasons to be optimistic. One, youre starting to see more and more signs of the sector into the positive financials, technology that accounts for almost close to a third of the s p. Thats a very good reason. We receive great breadth and momentum. Weve hit the highest level in years. The third is sent mentalism is up look at whats happening going on with the political scene with the fights breaking out. If that gives you any picture of the public sentiment, people are getting discouraged. Youre saying they may have another opportunity. My thinking is theyll probably get to 22. 50 by late july, august. I think its right to take any dips from the trading perspective. We are shorttermover done here. Think i you want to buy dibs and i think were going to move a little bit higher into the summer. That will be a big move. Thank you so much. Mark newton. Bill . All right. Lionsgate, one of the biggest gainers after a surprise quarterly profit. They were expecting a loss. But the problem was thanks largely to strong tv revenue and now the company is hoping to give its bottom line a boost by auctioning off one of its biggest tv hits. That would be mad men. Julia boorstin hits the block with it. Julia . Thats right. Some 1,500 items from mad mens 92 episodes over seven seasons. What i think youll like the best is a bar and globe from peep campbells office. The sunglasses and lighter and take a look at this. We have peggy olsons famous typewrit typewriter. The bidding will start at less than 100. The auction online by screen bid that specializes in items from tv shows. They receive a certificate of authenticity and a screen print of where it was in the show. Lionsgate then gets the rest of the yev knew from the sales. But perhaps more valuable the is surge of attention for the show which can drive people to buy episodes on i toouns or amazon or screen episodes on netflix. Its building more devoted fans which means growing demand for this kind of auction. So theres no official word on how much this auction expects to bring in, but likely well over a middion. Screen bids chairman estimates it generated more than a billion in annual sales so certainly a hot area to watch especially now that people can watch shows when they want. How much youd pay for peggys typewriter . I dont know. Its cool. A couple of hundred . All it takes is two people who really want an item and the bidding can go sky high. We can talk tens of thousands of items. If you look at an item like don drapers chevy, that could go for hundreds of thousands. You just dont know how much fans want to have some of these products. Don drapers glasses, you could wear them now. Its not just about putting them on the shelf. Have they put a minimum on each of the items, do you know . They havent set them yet. Some of the items are less than 100. The auction starts on wednesday and is up for about ten days. Well see how they set the numbers. They say some items will be less than a hundred. Its really about how much fans want these products. Were about to find out. Julia, thank you so much. That bar would be kind of cool. All it takes is one willing bidder. Long ago i learned you never buy something when somebody wants it more than you do. Theres some familiarity with stocks. Nasdaqs up 12. Captain hook, javar, and cruella de vil are classic disney villains, we know that and bob iger is now waiting to add Bernie Sanders to that list of rapscallions. Well tell you why next. Student debt mounts. The former fdic chair turned College President sheila bair with more on what a white house hopeful should listen to. Those details ahead. Im here at the Td Ameritrade trader offices. Steve, other than making me move stuff, what are you working on . Let me show you. Okay. Our thinkorswim Trading Platform aggregates all the options data you need in one place and lets you visualize that information for any options series. Okay, cool. Hang on a second. You can even see the anticipated range of a stock expecting earnings. Impressive. Whats up, tim. Td ameritrade. So have you wished the dow happy birthday. It turns 120 years oil. It doesnt look day over 110. It was first rated this day in 1896. In that time from then to now the dow is up 43,900 . Thats a 4. 81 annual return, almost 5 . You were asking earlier, the one stock. When it originally traded on this date, there were 12 components at that time. G. E. Performance, i thank everybody. The g. E. Stock in that 120year period is up. Interestingly its not the oldest index. Its older. A remarkable track record for the dow. Happy birthday. Disneys bob iger is the latest to rip democratic hopeful Bernie Sanders for his comment about business. Eamon javers has more. Heres one of the things that Bernie Sanders said about disney earlier this week. Take a listen. While disney pays its workers wages that are very hard for their workers to live on but somehow has enough money to pay 42 million to its ceo. Hes responded on his private facebook page, bob iger writing to Bernie Sanders our company has yated 18,000 new jobs in the last five years, how many jobs have you created. So a very pointed response there from the ceo of disney to senator sanders. Were looking at a president ial campaign where specific companies have been called out more on the campaign trail than at any time i can remember in covering president ial politics, especially on the republican side where you also had donald trump going after amazon, apple, carrier, all by name. So this is a campaign cycle. And were likely to see more of this through the fall where if youre the corporate p. R. Person and a large american company, you might have to find yourself in situation where youre defending yourself and a company against a prtsal candidate. Thats something we havent seen at least to this degree in president ial politics. I also am surprised at those speaking out. How you do handle that . Senator san dors big thing is the ceo to average worker pay ratio, and, you know, as he points out, they did pay bob iger 42 million compared to what they pay their average work e. Bobs just looking at the number of jobs created but bernies looking at how much they pay those workers. Implicit in bob igers response is he feels hes worth it, right . He says theyve created all these jobs. Its good for the region and the country and his implication is his job is justified. A lot of ceos feel that way. Whether they feel comfortable arguing in public is in question. He put it on his private facebook page. We dont know who always subscribes to it. Maybe its his cousin and guys he went to high school with. It was enough for media to pounce on it and bring it out in public. I eenl sure he knew in some way that word was going to get out. Thank you, amon. 12 minutes to go. Dow is down. S p is barely hire. Again, a consolidation thing. Art cashin signals, 300 order to buy. That seems to be the direction were headed. Who knows. Kevin nicholson is cutting his firms exposure to japan. Hell explain why next. A good car has to maneuver quickly. Thats also true of a good car company. People have always bought cars. But we saw an opportunity in sharing cars. So we moved fast and launched car2go in 29 cities, all around the world. Doing that required dozens of data centers, designed for speed and performance. We built our business on the ibm cloud. Because thats what the ibm cloud is built for. We built our business on the ibm cloud. From bank of america to buy a new gym bag. Before earning 1 cash back everywhere, every time and 2 back at the grocery store. Even before he got 3 back on gas. Kenny used his bankamericard cash rewards credit card to join the wednesday night league. Because he loves to play hoops. Not jump through them. Thats the excitement of rewarding connections. Apply online or at a bank of america near you. This is my retirement. Retiring retired tires. And i never get tired of it. Are you entirely prepared to retire . Plan your never tiring retiring retired tires retirement with e trade. 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I cant tell you the number of Money Managers who sat where youre sitting and say they love investing in japan right now, but youre pulling money out of there right now. Why . We pulled money back because their Quantitative Easing Program was disappointing. It didnt have the same effect that we had here in the u. S. Also, theyve had poor communications, to be quite honest, when they announced the negative Interest Rate policy, they didnt make their banks awa aware. What happens was their bangs were unequipped to handle negative Interest Rates so it forced a lot of money that was sitting on the sidelines to have to go into currencies. Institutions were sitting with extra cash, they went into currencies that caused the yen to rally and it hurt other exports . Are you finding others attractive or are you keeping money in the u. S. . We like europe. And in europe we focus on low volatility, names such as, you know, reits and, you know, that area and financials. The big thing there is we have stayed away from banks. You have reits, Insurance Companies, things of that nature and utilities. We feel that if brexit happens, that will be less hurt that sector will be less hurt. Do you think it will happen . I dont. The polls are kind of mixed right now. I really dont think it will happen. When you look at the pound, the pound has been rallying of late. You also when you look at the oddsmakers over in england, the odds are for them staying in. Right. And if you really think about it, it would do more harm than good if they leave the eu. We just spoke with a Technical Analyst who said the s p could be at 2250 this summer. What do you see ahead for u. S. Stocks here . I think for now were going to have a slow grind. You know, when you look at the earnings disappointed in the first quarter, i think that were at a really low bar, so we probably will see a little bit more up you know, up movement here. Do you go with the same sectors here that you do in europe like the financials as well if, in fact, were expecting the fed to raise rates . Yes. We like financials here. In our portfolios, weve been focusing on the regional banks. Okay. Weve stayed way interest the Insurance Companies but we do like the low volatility space here in the u. S. And thats where we have been kind of filling in our underweights because overall weve been overweight to europe and underweight to the u. S. For some time and were just covering those gaps in our portfolios at this juncture. Very good. Very good to see you. Kevin nicholson joining us. By the way, they like to bet on anything in the uk, and right now you can get 41 odds that brexit will not happen. Will not happen. People often look to the private markets, betting markets to see. Well take a break and come back with a closing countdown . Just sa a moment here. After the closing bell will batman become apples new property. Or possibly another media outlet. Apple as a media company. Well look at the possibilities coming up. Youre watching cnbc, first in business worldwide. I am benedict arnold, the infamous traitor. And i know a thing or two about trading. So i trade with e trade, where true traders trade on a trademarked trade platform that has all the. Get off the computer traitor i wont. cannon sound mobility is very important to me. Thats why i use e trade mobile. Its on all my mobile devices, so it suits my mobile lifestyle and it keeps my investments fully mobile. Even when im on the move. Sign up at etrade. Com and get up to six hundred dollars. Heading to the last 90 seconds of trading the dow down 129 points on its big anniversary. Weve got a list of a few of them. There were three that came here and then there were some elsewhere as well. The biggest here, almost 29 . I thought we had a graphic that showed how we were doing. Wi us wrong. Demand clearly was there for a big spade of ipos coming to market. Thats right. U. S. Market was a first because it was over 4 million. Gypsum management supply also saw a strong demand. Were looking here which priced at 19. Its going to be down about 9 . Oh, wow. Yes. A mixed picture for the stocks making their debut here. I mentioned those three because theyre the biggest. Those are the ones everyone was watching today. Were going out with a decline of 26 points. The s p of 2089. You know, its been interesting to watch. Its had a lot of trouble getting to that 2095 level. Good data, despite decent earnings, the ipos, et cetera. Of course, weve been waiting for it. Just ahead of memorial day weekend, wouldnt you know. Thanks, mary. Were going out with a decline of 26 points. Theyre celebrating the dows 120th anniversary at the big board. Stay tuned for hour number two of the closing bell with kelly evans. See you tomorrow, kel. Thank you, bill. Welcome to the closing bell, everybody. Im kelly evans. Dow actually move adlile bit lower on the bell there. It was 29 points. Kind of hugling the flat line earlier. The s p gave up half a point, closed at 2090. Now, the nasdaq did add six to close at 4900. Dollar tree had an interesting move higher. Meanwhile the oracle or google verdict is in. Were going to get the results of that coming in. Were watching earnings this afternoon. Theres courtney reagan. Shell have results from trault beauty and susan li. The manor man redoes will be with us. Hell tell us who was killed in the season finale. Yeah. Stay tuned for all of that. First though joining todays panel we have ynbc senior commentator mike santoli as long with susan ox of the new american foundation. Good morning, guys. Steve grasso will join us in just a bit as well, mike. Consolidation is the name of the game today. Yeah, really. The market taking a breather. It seemed like the parts of the narth were really hot for two days came off a fair amount. So you did see the more cyclical stuff did take a rest. Really just waiting honestly. And what are we waiting for . Maybe janet yellen is going to say something. Its not determined if she will, but i think its what were geared up for. Do you agree, susan . Yeah. I think it weighs a lot. I do think some of the air starting to come out of the expectation that will it come out in june and even july. It is the dows 120th birthday or anniversary, whatever you want to call it, john press beau seventhnt a bun factoids. This one i love. Its relevant. It plunged 30 by august of that year because there was concern about the upcoming election with williams jenning bryant and concern about the direction of the country. Theres been a debate about whether thats going happen to kind of feed into our stockmarkets here. What do you guys think . I dont know if its going to be good for 30 on the dow. But i think its going come more into view in terms of vichinves reactions. I dont think its taking a policy by policy approach and deciding what the implications are going to be. Its going to be what does it say about the mood of the country and the fact that this economic discon intelligent is going to be right at the surface always summer and the fact that we could have such an unpredictable election setup. Also i keep saying this. Foreign investors own a percentage of the market. Theyre not going to be happy if they get through it. Steven grasso on the floor. What are your thoughts . I think were battling. Everyone wants a reason to hate the market rally and everything feels topee. Everything feels like its rolling over. It feels topee to everyone. You dont want to be the guy who gets his picture taken by the highs or around the highs. You need new highs to put money to work in this market. Hes kind of a lone voice out there saying, hey, this thing could actually pop higher. We dont hear a lot of people making those calls. This could only pop higher. A couple of days ago it dropped lower. We were just down 2025 at the s p cash a handful of days ago. 3. 5 roaration basically from the down to the upper level right now. You need to be trading higher than 2134. In the s p caps. 2111 was the recent high and we keep making a series of lower highs. So until you take out that old high, i dont think you can put new money to work right now. Id rather miss it for a couple percent. I would say ill check the numbers on this i think the dow is headed for a fourth consecutive positive. The rest are going for a third. Even though it doesnt feel a great, everything youre saying is true, yet, weve actually been piling up some consistent gains. The way to look at it is may has been positive for a number of years now. Basically people who have tried to jump the gun have had their nose swatted a few times here, but that being said, i look at where we are right now. We were there april 20th. Are things better or worse on a relevant basis. Mostly theyre the same. But the things that are different are slightly better. It looks like the jury has now found in favor of google. This was a lawsuit brought to the courts by oracle. Basically they were accusing google of taking its intellectual property without permission. They claim that googles android operating system basically violated the copy rights on part of java and google units say it should be able to use java without having to pay for a use provision. It looks like jury has found in favor of google. Back to you. Thank you, susan. I think, guys, and pleesz jump in here, it would have been more resonant if they had had a lot of ramifications across the tech day. So google comes out a victor here. Yeah. I this i they have dodged a bullet for google. And also the implications for broader tax reform. What about oracle . They acquired sun obviously a couple of years ago and they mentioned a lot of people have moved toward using these open access things anyway but where does this leave oracle now . My courthouse would be s p. Full disclosure, Bill Mcdermott is a friend. Always a little suspect when you move the cloud because i dont know what the margins are truly going to look like and i dmoejt what the legacy business looks like or the contract. Its always a Going Forward basis that you look at these companies. Its performed pretty well. And the newcomers, you need a lot of cash to play this game so i think it gets to be a tail wind for s p for everything i discussed about move into that app space more so than what they used to be in. The oracle shares down 1 . Gaggle shares moving up a little bit higher. Thats not to say this changes anything. I dont think anyone is viewing this for oracle. It was not going to be compromised. Lets check on shares of ult ultra. Their earnings just crossed the wire. Its been one of the best performs, kind of the makeup trend everyone is rushing to get on board with if theyre not already. Courtney reagan has those reports. Thats right, kelly. Ultra turns its shares 1. 45. Its beating extendations of 1. 25. Listen to this. Comparable sales up 15 . Now, the Second Quarter guidance thats giving it is a little bit below consensus but its raising its outlook it had previously given for a full year for earnings and sales Going Forward. So a pretty sharp jump on ultra shares as you can see more than 8 ofonthe back of a very Strong Quarter and the ceo says it has an offering people like. A unique store for matt and a healthy consumer beauty trend. Kelly. Looking to see if there was a reason why the guidance might have come down but it looks like theyre raising the 2016 guid t guidan guidance. This is a spot thats been clicking inside the retail. I guess everyone on this desk is doing their fair share. We were saying that the joke is this is part of the economy, right . But Everyone Wants to get involved. People are buying more quantity. You know, its not i have the standard stuff i wear every day, i have plenty of new things to wear, to try out. Honestly, i dont understand. The amount of different kinds of moisturizer that comes to my house, i dont know what it does. This shows the danger you know, you talk about the danger of it in retail, these kinds of concepts that are just out of danger, this is the danger of betting against one thats coming. It was up to new alltime highs. I will tell you even though i love the story and i love how its performed, think i you have to take profits and stocks that was up so drastically and was up this much after hours and after putting out a print like that. I dont care how rosy the story is, youve got to take some profits. Be sure to stick around and catch barrasso coming up with the fast money crew at 5 00. The crude over at seven highs. A tom Airline Analyst weighs in the next hour. What this reveals about their strategy next and donald trump clinching the president ial nominee today. Barney frank and larry kudlow weigh in later and dont miss my interview with Norman Reedus on his new show ride which has him taking the ultimate sightseeing trip acrossing the nation. Youre watching cnbc, first in business nationwide. I asked my dentist if an electric toothbrush was going to clean better than a manual. He said sure. But dont get just any one. Get one inspired by dentists, with a round brush head. Go pro with oralb. Oralbs rounded brush head cups your teeth to break up plaque and rotates to sweep it away. And oralb delivers a clinically proven superior clean versus sonicare diamondclean. My mouth feels super clean oralb. Know youre getting a superior clean. Im never going back to a manual brush. Man 1 man 2 i am. Woman exmilitary . Man 2 four tours. Woman you worked with computers . Man 2 thats classified, maam. Man 1 but youre job was Network Security . Man 2 thats classified, sir. Woman lets cut to the chase, here. Man 1 whats youre assessment of our security . Man 2 [ gasps ] porous. Woman porous . Man 2 the Old Solutions arent working. Man 2 the world has changed. Man 1 meaning . Man 2 its not just security. Its defense. Its not just security. Its defense. Bae systems. Kelly, this might be a case for palo alto. They put in some pretty strong earnings for the quarter. It looks like theyre in line with estimates that reported 42 cents a piece. Revenues beat the estimates compared to 340 mullion which the street was looking for. Meantime its the guidance Going Forward. It looks like its going to be a week of Fourth Quarter revenue gietd answer. 346 million to a range of 390 million. Yeah, thats weaker than what the street was looking for. Eps guidance, now theyre warning the market theyre going to make it 48 cents to 50 cent as piece. Analysts were looking for a lofty 50 cents a piece. Strong numbers from palo alto since their billings growth was up 61 a year, year on year. Thats how you track the Cyber Security company. Meantime lets also talk about the retailer gamestop. When it comes to earnings, they beat estimates, 66 cents a piece. They were looking for 62 cents. So in the three months they earned 1. 97 billion but when it comes to comp sales, theyre guiding lower, down possibly, 4 to 7 in the next three months. Back to you, kelly. Thank you. A couple of Companies Moving sharply lower. I was talking about the retail. Gamestop, very cheap stock right now. Seven times expected earnings. And it seems like its been this Battle Ground forever. Basically a dane officer. Others saying they can keep it going. Not good to have lower guidance. Palo alto. Apple may be in the market for a media company. The Financial Times revealing he raised the idea of the tech giant buying time warner at the end of the last year. The f. T. Said they didnt get past preliminary stages. Buying it could be a good move for apple. We have Matt Gary A Han who broke the story. Thanks for coming to post nine. Thank you. Eddy cue raised the idea. Does it soind light it was something they were thinking of or it was a brain strategy . They were meeting about other things. They were talk about getting apple tv on the tv box. It became serious enough and filtered through to the sources we spoke to. They never followed up. It was raised by eddy. Dwlou think it got to that level . It was never discussed with tim contact. Since then apples sort of doubled down on its original content echlts been talking to people in hollywood, making its more programming, adopting a series in the works, a series about the app development. Not many are going to watch that. But the netflix style, amazon style that will bring in viewers. Net liks was flix was up 2. 6. A lot of the Media Companies are closely controlled. Without a doubt. Time warner is one of the big Media Companies that does not have a control block. Its basically very shareholderminded. Now, on the other hand, bu was is a time warner lifer. He went through the time warner experience. This would be compared. I wonder if urt goes to the connection of the struggle with the tv piece. The aol disaster was a disaster and there was no broad band streaming technology. It was a marriage of distribution and content. You could. Watch video back in those days, and you can now. The real issue for apple is twothirds of its business comes from the i phone. They need to find other sources of growth and services are its second largest business. You know, if you get a subscription of Video Service within that you can sell other services, icloud, apps, all of that. You can see how it might be working. We all talk about netflix and amazon as Great Success stories of developing their own content. Lets talk about yahoo . Its hard to develop your own skill set. How do we think about it. Is this that apple has 200 billion they dont what to do with or do they want to get into that business of creating their own . They want to create their own. It has some of the best content around. Hbo is the unparalleled leader in premium. Game of thrones kws is the most watched tv show around. Can you imagine what they would do if they untethered hbo from all its tv. And basketball. I think theyd get a lot of that. A lot of that live sports content thats so valuable. Isnt bob iger on the board of disney for apple . Presumably they want access to everything. The other thing, media without blocking control. Walt disney company. If youre going to make a move, walt disney and thank you. Its going to be fascinating. Wells fargo requiring a new home loun with boroue borrowing put 3 down. Sheila bair will weigh in. The state Departments Office of the Inspector General releasing a report saying she violated federal policies condra digting her claim she followed the rules. How this could impact her run for the white house next. And hes known for riding his motorcycle on the walking dead, but Norman Reedus will be coming on the show. Hell answer your twitter questions. Keep them coming, thats later on the closing bell. Who do you work for . Your boss . Yourself . Your family . Our Financial Advisors are free to realize a plan to fit your familys unique needs. Well listen. Well talk. Well plan. Baird. Premium like clockwork. Month after month. Year after year. Then one night, you hydroplane into a ditch. Yeah. Surprise. Your Insurance Company tells you to pay up again. Why pay for insurance if you have to pay even more for using it . If you have Liberty Mutual deductible fund™, you could pay no deductible at all. Sign up to immediately lower your deductible by 100. And keep lowering it 100 annually, until its gone. Then continue to earn that 100 every year. Theres no limit to how much you can earn and this savings applies to every vehicle on your policy. Call to learn more. Switch to Liberty Mutual and you could save up to 509. Call Liberty Mutual for a free quote today at see Car Insurance in a whole new light. Liberty mutual insurance. Welcome back. Donald trump has hit the magic number, securing the republican nominee earlier today. Trump is campaigning in the bakken area of north dakota today. Experiencing a sudden economic boom. Joining us now for more on the trump candidacy in 2016 is barney frank former massachusetts representative along with larry kudlow, a cnbc contributor. Welcome back, gentlemen. Were talking about donald trump basically securing the nomination today. What did you think . Was there anything different . Unexpected i guess is a better word ins he comments about Energy Policy today . I dont know the whole thing, kelly. Im sorry. I watched a little bit on tv. Then it was taken off tv. The public speech has not been put out or maybe it has in the last ten minutes on the web. But i can just tell you hes going to want all of the above. Hes going to want to continue fracking. Hes going to want to build pipelines, have the American Energy independence or north American Energy independence. Hes going to probably criticize mrs. Clinton whos opposed to fracking. Hes got his friend harold hamm whos my friend t guy who invented fracking up in north dakota by his side. So its going to be a very positive proenergy speech and have some regulatory rollbacks. Look for the epa rollbacks too. We spoke with a trump delegate earlier. He expected this con stroengs be very different. It sounded like they almost wanted to i dont want to say a coronation, but he made some comments about having talked to the trump campaign, especially you know how fraktous, this whole nomination cycle has been an how much they might be against the idea of trump becoming the nominee. Do you think they could pull that off . No. I dont. I think thats just silliness. Trumps latest polls have trump 85 republican support going up into the 90s. What im getting excited about, im really excited about the trump Bernie Sanders debate. This is going to be so huge. No. Let me say huge. Trump and sanders give the proceeds to charity and probably 40 Million People will watch it, break every rating record. What do you think, mr. Frank . Im troubled now that mr. Trump has taken over. Im glad he made a positive speech. But i have to say in the past few days i have become deeply troubled by what i think is the most despicable performance by a public figure and i mean that quite literally. For donald trump to raise again the issue of Vince Faulkner again is an outrage. Vince foster committed suicide tragically. It was investigated by the republicans in congress. It was investigated by kenneth starr, by law enforcement. Kenneth starr concluded it was a suicide. There was nothing, quote, fishy about it. For donald trump to raise the issue and suggest and suggest that it was murder and illicit behavior, to exhume literally this political scandal is outrageous. By the werek it goes to the other socalled accusations not socalled. The accusations. Never forget. Kenneth starr said with regard to every accusation including white water, the fbi file, there was no negative evidence. They spent their years in power trying to prove that and they proved nothing. Kenneth starr investigating, spending millions of dollars. He skplitsly absolved Hillary Clinton of any of that, so this repetition of charges that have already been disproven including this tragic suicide for a political purpose is an outrage. Let me ask you on the issue of Hillary Clinton. There was a tough oped in the Washington Post about her emails and the way in which they say she totally appears to have ignored and doctored protocols with this report. They say they hope the fbi finishes its investigation soon so this information will all be before the voters. Has this taken a more troubling turn based on what we thought we knew before . Somewhat but she paid a political price for the email. She made as by mistake in doing. Yes, it had been done before. I do think that was the worst examp example. The thing i want to say is people say its part of pattern. No, its not part of pattern. I doubt very much that there are people who had previously said, i dont mind and its also to be note thad no harm came to the u. S. Because of it. It was she didnt do it she should not have done it, but, no, i dont think it changes it. I dont think there are people saying, oh, no. By the way, as to the fbi, i dont believe the fbi is going to find any criminal. But heres the history and i want go back to what i said. The fbi found that vince foster had committed suicide. That doesnt stop donald trump. Right, right. What about the debate, barney is Bernie Sanders doing the right thing . Real quick because were almost out of time. I agree with barney that Police Clinton made mistakes with the email. I want to say at the News Conference donald trump agreed with barney trump. He said he would not talk about the vince foster case. So let us hope all of that stuff is aside and let us hope that the candidates debate how to grow the american economy. I agree. Barney, were got go but do you think donald trump should debate Bernie Sanders . Sure. I think anybody who wants to debate anybody should debate anybody. If larry and i can debate every week, why cant they . Youre right. And we appreciate that you do that. Barney frank, larry kudlow. Thank you, guys. Oracle is responding to the lawsuit. Lets get to deirdre bosa with the details. Reporter were outside of the courthouse. Were getting comments from both. We have statement from oracle. This is from oracles general counsel dorian daily. We strongly believe google developed android by illegally helping. Oracle brought this lute. We believe there are numerous grounding for appeal and we plan to bring this case back to the federal circuit on appeal. That gives you an indication of how oracle is feeling. Our producer says oracle is smiling shaking handing while the attorneys are looking at their mobile phones. We also have a statement from google im going to read from you and here it is. Google says their spokesperson says todays verdict says it represents a win for the android ecosystem, for the java programming community, and for software verps who rely on open and free throwing languages to build innovative comments. There you go. Of course, the repercussions for this trial as google alluded to in the statement goes beyond the two tech titans. The rhetoric has become increasingly heated over the last six year. Now google is off the hook for that 9 billion payday. Theres a lot of money at stake here and this has a lot of ramifications for the entire Tech Industry, particularly the verps and Startup Companies that operate and work with open source coding. But, guys, remember, theres like to be an appeal we continue to monitor the comment that koj out and what p has next. This is a very big decision not just for these two companies but the Tech Industry at large. Thank you, deirdra. She mentioned a long road but its a longer one yet. It really is. I guess its no surprise theyre going to keep this up and keep fight it. But it seems really interesting because its also a debate over these very principles exactly what e whats fair and how you should treat this. All of these things do have implications on how programmers are going have to behave in the future. Were going get an update with courtney rag ray began. A super bug doctors have been dreading has shown up for the first time. The germ was found in a pennsylvania woman with aurenary tract infection. Meg tirrell will have more in the next half hour. The mother of the socalled affluenza teen has been charged. She helped her son ethan flee to mexico while on probation. Couch was also indicted for money laundering. About 2,500 power plant workers and Union Workers took to the straetss of dunkirk, france. Those give them more power to fire workers. And after four hours of fierce competition, there are ten spellers left in the 2016 competition. The finalists, some as young as 11yearolds old are hoping to win cash and prize. Thats your cnbc update. I do love watching that. Know. Its fun, isnt it . Yes. Thanks. Student loan debt currently exceed 1 . 2 trillion. Up next sheila bair is going to tell us her solution to help lower that burden. And the walking dead Norman Reedus likes to do sightseeing. Hes going to join us right here at the New York Stock Exchange coming up. Race car made history when it sold for a record price of just under 30 million. And now, another mercedesbenz makes history selling at just over 30,000. And to think this one actually has a surroundsound stereo. The 2016 cla. Lease the cla250 for 299 a month at your local mercedesbenz dealer. Mercedesbenz. The best or nothing. Welcome back. Lets get a check on some of the big names moving this past hour. Ultra salon is up. Gamestop is going down and Palo Alto Networks is down. Today wells fargo is launching a 3 down payment mortgage to bring lower income buyers into the market. The federal government has brought lawsuits alleging poor underwriting. The new program is a partnership with fannie mae. Joining us now is sheila bair, former chair of the fdic. Welcome and thank you for joining us here on set. We have to talk about some of the things happening at your college in just a moment, but because this just happened, the 3 down payment mortgage s that fundamentally a good idea . Its a little bit deja vu all over again. The good news is these are fixed payment mortgages where you dont have the payment shocks. So the barrorrower is less at r. Nonetheless there are about 7 million borrowers who are under water and that have been able to refinance to get the lower rates. So you have that really, really low down payment even from a borrowers perspective. Youre exposing yourself to a rink if home prices are taking a dip. Wells fargo isnt taking much risk. So family mays got it. Theyre underwriting but theyre passing it along. There again we saw during the crisis that when you separate the decision to the decision to make the loan from whos actually holding the risk of the loan, you can run into problems too. So im not completely comfortable with it. But it is what it is. I think this is a little bit in your face with fha. Wells fargo, all the others. They got very, very aggressive in putting back loans that were defaulting as a result of the crisis. And so, you know, now theyre pulling away from fha and partnering with fannie. Its been an uneven recovery for insure i wonder if were in a better position now because as we first get an announcement of this new product, were all talk about it, looking eight it from a risk conscious perspective and were not saying, hey, look at that. Go out and try one of these. Thats true. Maybe we shouldnt be in this business. Should we be moving out of this business . Well, i have always thought we have far too much Government Support for mortgages and especially the big economy and young people need to be muslim more mobile do. We want to keep pushing these subsidies. Is it everybodys best interest to get a home. You can be locked in. I think thats the fundamental policy question but Congress Needs to answer it and so far congress has jts stepped up with an answer. Speaking of subsidies, student debt. Huge problem. It gets a ton of attention as were looking at why people are buying homes these days. Exactly, exactly. You guys have come up with some pretty innovative things here. Tell us what dam the debt is and i wonder how the students paying the full fray feel about it. Dam the debt is back end scholarship. We funded it with 100 philanthropy. We raised over 400 million. Every penny a donor gives well pay down the principal on the students get rally subsidized debt. Its a nice reward. We were able to pay down 300,000. We helped get them closer to Financial Freedom as they graduate. And, you know, we have and everybodys been pleased with this program. I think because its federalry subcy dieds, those are typically the higher financial need students and there are others who realize they have to borrow and its a burden when they graduate. We havent had anybody begrudging the people who have. People arent there tearing up their diplomas saying you bailed out that guy and what about me . No, no. Weve frozen tuition, so that helped everybody. And were really trying to hold the line on costs and well be trying to hold the line Going Forward. So were doing things to help everybody. But forgive the debt, this is one portion. Wherever that money is coming from, i hope it keeps flowing. Me too. Thank you so much for joining us. Sheila bair from washington college. Youll recognize him from the hit tv show the walkling dead. Coming up, Norman Reedus joins us to tell us about his new show ride, and the brain is one of the hard eftds parts of the body to treat. And doctors are treating everything from diabetes to depression. Well tell you how. Youre watching cnbc, the first in business worldwide. Plan your never tiring retiring retired tires retirement with e trade. Im in vests and as a vested investor in vests i invest with e trade, where investors can investigate and invest in vests. Or not in vests. Sign up at etrade. Com and get up to six hundred dollars. Plumping surface cells for a dramatic transformation. Without the need for fillers. Your concert tee might show your age. Your skin never will. Olay regenerist. Olay. Ageless. And try regenerist microsculpting eyeswirl. It instantly hydrates to plump and lift. Welcome back. In the world of medicine it may seem like signs fiction is more. A new way to treat patients. Its part of our ongoing series modern medicine. Meg . Thank you very much. Right now our drugs especially for psychiatric disorders target the chemical side. We talk about this with dr. Darryn dougherty of mass general hospital. The other side the is electrical. Kind of like a pacemaker for the heart on a much, much smaller scale. Now, scientists are also looking to leverage electricity to leverage psychiatric disorders. Weve talked with one woman who had a deep stimulation. It required brain surgery to put in place. Brain surgery sounds so dramatic and severe and intense. My greatest hope that day was that i would die on the table. I had no it was going to be my last shot. Ill do this and if it doesnt work, i can say i tried everything. It worked. Yeah. It work. The model list has delivers a constant current to her brain. The other reads the neural signals in the brain. So it will be a closed loop system figuring out whats going on and delivering signals to help fix it. Thats incredible. This is such an obvious one. Hopefully it will work more an more for these patients. Absolutely. Hes gone past hundreds of zombies and now hes making his way past traders on the New York Stock Exchange floor. Norman reedus is going to join us. There he is. When we come right back. You both have a perfect driving record. Perfect. No tickets. No accidents. That is until one of you clips a food truck, ruining your perfect record. Yup. Now, you would think your Insurance Company would cut you some slack, right . No. Your insurance rates go through the roof. Your perfect record doesnt get you anything. Anything. Perfect for drivers with accident forgiveness, Liberty Mutual wont raise your rates due to your first accident. And if you do have an accident, our claim centers are available to assist you 24 7. For a free quote, call Liberty Mutual at switch to Liberty Mutual and you could save up to 509 call today at see Car Insurance in a whole new light. Liberty mutual insurance. Norman reedus is back with awe news amc series called ride. Hes cruising around the country. Hes cruising on his motorcycle. Welcome to you. Wow. Thanks for having me. You havent been before the New York Stock Exchange. I havent been here, no, no. I live pretty close to here. Did you ride your bike down here . Its in georgia. You can ride for hours in georgia. Cows go by. Kind of ideal. Well ask you for your stock picks. Heres why. They all want to know does this mean that daryl is on the show . I mean we shot we shot ride on our hiatus, if that tells you anything. I feel like amc is tracking me from space and if i say the wrong thing there will be a laser beam on my forehead and a satellite will take me out. Did that happen when you put out that tweets saying i know who died . No. The thing is i did know who died. I said the truth. But i think our acteders on the show get bombarded with that question so often that waving a white flag is probably a smarter decision. I did know and some of us knew. Some of us dont know. We dont shoot at the same time. Everyone knows now . Yeah. I would think so. Is it more of good thing or annoying thing that people care so much about the plot line . To have that much enthusiasm for the show that people are still talking about that, i think its great. I mean theres so many people throughout that try to have spoilers and stuff. Im not a big fan of the spoilers. You know, if i sit down in a movie, dont want a guy next to me telling me the ending, but its intense and its nice. Pos we have a bunch of questions that we solicited from twitter. They are good. Well run through them. Ut oh. How would you best sum up ridemc summing it up in three words . Can i hum a bon jovi song . You told us youre running on fumes. Its adventurous, its brave and honest. Thats great. Awesome. Mckay la asks, besides steve do the other walking dead cast mates walk with you. Hes been a friend of mine for 20 years but hes a big biker and we live sort of close to each other and we ride a lot and steven and i both ride a lot, yeah. And finally, carla asks, who would darrell vote for . [ laughter ] wow. Who would darrell vote for . Im not sure darrell would vote. We have two more. Fans asked how does he fillm th walking dead and have his son . Georgia to new york is not that far of a flight, so when i have time off i fly back here. Lots of face time. I think hes going to come and shadow a director on the show this year. Because he kind of wants to be a director now. How old is he . Hes 16. Hell watch the show and say you know what you did wrong . Its at that stage right now. If you could be in a relationship with anyone on the walking dead who would it be . Gee, i dont know. Rick is kind of my bff so maybe well just hold hands in the zombie apocalypse. I dont know. Im in love the whole cast. I think ive kissed them all and they have all seen me naked and were all good friends. I could run away with any of them to be honest. What about your, susan . What accounts for the intense popularity of the show. You cant walk away from the stock exchange. What do you think resonates so much with fans . Its everyone first thought it was a show about zombies and i remember reading the pilot and not even reading zombies in the pilot. It didnt stick with me. Its honest and you see these people fight for who they want to be and its, you know, its that moment these are your real feet on the ground and what are you willing to fight for . Are you willing to past up on . Thats what the show is. Its a depiction of people working together to get through this and their true colors come out. Some people rise to the occasion and some people fail miserably. This is based on a comic book series. You are part of the first season and you were such a fan favorite, not only are you part of every season but still the fan favorite it seems like. You know, people relate to that character quite a bit and i mean, im a fan of of all of us on that show to be honest. I remember steven in the beginning being so nervous and, you know, now that guy is the leading man status. Same with rick. Everyone on that show, ive watched them grow as people, as loved ones, as professionals. You know, i was with steven when he proposed to his fiancee. I keep sending naked photos of andy and i to his wife. Were pretty tight. Its a fun gig and its the beauty of that show, too, is how realistic it is in that vir environment. Its real life. You have time with the people you love and it can go like that and you hang on to those moments. Seems like youll have no problems but we like to ask people when they come on the show, whats your biggest money mistake youve made . Probably those little rumba vacuums. [ laughter ] i kind of got obsessed and thought i was in the jet sons and started buying a bunch and they are bumping into each other and chasing my cat and knocking things down and breaking them. If thats the biggest one you made, youre doing all right compared with some other people. Norman, thank you so much for joining us on the show. Pleasure. There is still time to tell us what happened, blink once for norman, thank you so much. Pleasure. Starbucks making big news, they are tapping and well tell you more right after this. My exe with usaa is awesome. Homeowners insurance Life Insurance automobile insurance i spent 20 years active duty they still refer to me as Gunnery Sergeant when i call being a usaa member because of my service in the military to pass that on to my kids something that makes me happy my name is roger zapata and im a usaa member for life. Usaa. We know what it means to serve. Get an insurance quote and see why 92 of our members plan to stay for life. Quite like the human foot. Introducing the 241 horsepower lexus is 200 turbo. With almost twenty percent more base horsepower. Once driven, theres no going back. Because you cant beat zero heartburn i take prilosec otc each morning for my frequent heartburn ahhh the sweet taste of victory prilosec otc. One pill each morning. 24 hours. Zero heartburn. Will your business be ready when growth presents itself . Our new cocktail bitters were doing well, but after one tradeshow, we took off. All i could think about was our deadlines racing towards us. A loan would take too long. We needed money, now. My amex card helped me buy the ingredients to fill the orders. Opportunities dont wait around, so you have to be ready for them. Find out how American Express cards and services can help prepare you for growth at open. Com. Howard schultz sees big opportunities but not stopping there. He has another market also in his slights. India is a market where we got a great partner with probably one of the leading companies in the world and thats tata. We have 100 stores in india and multiple cities. Were doing well there. The growth will be slower there than china because of infrastructure issues but our growth in india is going to parallel the growth in china in terms of the number of stores well have over the long, long term. Which is interesting because if hes talking about 7,000 plus locations in china, which is what it would take to overpass the u. S. , they will be opening a lot of stores. A few those. Interesting, what happen lapple experience has been. Tough and logistic issues. You have to wonder with the consumer economy there. This is a reminder how important and how massive some of these Multi National companies are. You think about what is happening in the world, donald trump with trade wars. This has major implications for a lot of bread and butter companies. Thats right. The trust you can have in a place like china longer term whether companies or investors. Without a doubt. Especially on the consumer side because we thought that would save everything. Into the old china model with the manufacturing. I want one of normans hats like he was wearing. So cool. Excellent. Great. Should we check on shares of irobot. Exactly. There were fans when we had him on saying i didnt know they were launching the new show. Its important to have a show like that. When we discuss content with apple and everything else. There is irobot down onethird of a percent. Thanks for joining us. Susan lee, michael, that does it for us fast money begins right now. Fast money starts right now live from the Nasdaq Market overlooking new york citys times square oil surging. So why does a topranked analyst have a buy rating on nearly every single stock in the group . Shell be here to explain. Protests over higher minimum wage erupting at the annual shareholder meeting. Could robots be the solution to the chaos. Well tell you what the ceo had to say and the technician says it might be time to take some profits. Hell be here to explain. First, the story that had