The nfl great and super bowl star joining us to talk the big game and a lot more. We begin with the markets volatile again today. Heres how things look at this hour. The s p and nasdaq are still investors and clearly remain nervous about the state of the Global Economy which you can see reflected in treasury yields. The 10 year yield hit a one year low today. It is moving again all over the map for that matter but it is now positive and shooting higher by some 6 . So whether or not stocks are done correcting is anyones guess of course but at least three of wall streets wisest think equities look pretty good here. Heres larry fink, investing legend bill miller and goldmans Lloyd Blankfine earlier on squawk. This is a buying opportunity. Down as it goes down. I dont know how to pick a bottom and i dont think anyone does. But i do believe this represents value today. Equity markets are property priced now. You cant tell how low the market is going to go. I think its low enough now. As i said earlier if you got the s p 500, when it yield mrs. Than the 10 year treasury, unless the world is coming apart, thats sort of a no brainer. I think we muddle through. I think some of this is an overreaction to the overreaction of assets being so swollen. And now its kind of a reversion i think the most likely case that is that we kind of muddle through and this adjustment and equity prices make sense to me bond market says i dont know about that. Maybe Something Else is up. Do you agree with what toez gentlemen said . Its hard to argue with those three gentlemen but we have a different view. We think theres four factors agitating the markets now. Number one, we have global Central Banks taking divergent paths. Number two, were looking for price discovery. Number three, a large amount of dollar denominated debt in the emerging market space and finally the high yield market is gapping out and prices are dropping and its causing great stress throughout the Investment Grade market right now. You dont think this is a buying opportunity. Were not buying right now. Pete, are you . Are those guys right or wrong . Theyre right but theyre right only because of the fact that none of them are physically calling a bottom to this either. Theyre getting more comfortable and talk about valuations and lloyd himself just talked about redoing and refiguring out the valuation level of where we are right now but until we stop seeing oil go down each and every day and obviously today were up 6 , we were at 34. Under 30. Here we are back around 31 but when we stop seeing some of that, thats why every day were talking about the Oil Volatility index. The volatility index itself. These are very important me tricks because theyre giving you a sentiment gauge of whats going on right now out there not just from the Three Wise Men but from whats going on in terms of dollars right now. Joe puts out a comment a few moments agatha says now theres a 40 chance of recession. Some think that stocks are a value here. Others look at the bond mark and say the economy is in deep trouble and theres no way the fed can move. Some are saying that yes we can. Bill dudly today says pretty dovish comments. What gives. We began with hope and data this week was going to lean against the pessimism in the market. I heard you literally walk down the stairs today as the ism Services Number hit. I saw you look up at the big screen we have in the newsroom and say thats not good. This is not good was my exact words. Thats right. The Service Sector was the last bull work and you can say thats a pun against the bearish tie that was out there. The idea that the Service Sector would hold up against manufacturing weakness and overseas growth and the other problems in the economy. It weakened for the Third Straight month. You could see the reaction. You had to see what happened. The dollar got crushed against the euro. Very hard to find, i guess you call it a el capitan chart. If you think about a extreme cliff. Its the worst day for the dollar index in three months. There it is right there. You dont want to be scaling that unless of course you are long the euro in this regard or if you look at the ten year it did balance off the low yields we had scott but these are ones that speak of weakness. You guys in the back are terrific in the economy. 185 in the 10 year. What are investors supposed to do with this . You have three of the perceived brightest minds out there as it pertains to investment, the economy, et cetera, saying think its a good value here. Equities look good. I think sentiment is overdoing it to the down side. He points out things about the economy, more cautious, what do you do . Im bullish here and i think the Three Wise Men are right. The only thing that we have to fear here is fear itself and i dont mean to be trite in saying that. Theres a psychological effect here that as the markets go down investors get nervous and sell more and that piles on. It also has an effect and this may be where the nonmanufacturing index is showing up in corporate ceo suites and boards of directors that people look at these declining stock prices and they say maybe this isnt a great time to invest in a new factory or hire new people. Thats what youre seeing here. Hopefully that can come to an end. If you look at oil and the stock market its been bouncing around around a stable low level here. It hasnt been setting new lows and if we can hang on to that level maybe that fear subsides in the markets and Corporate America and we start to see bullish intentions come back. So you have your lowest ever exposure to europe right now at 5 of your assets. Are you concerns about the banks . Are there more people raising the issues about European Banks . Should we be more concerned than we currently are . No, were not concerned about the banks but about having to be right twice on currency and on the fundamental investments. Our exposure is the lowest its been in 20 years for us. The fed is not going anywhere in march are they . No, theyre not. But what is interesting to me. Why did he come out yesterday and says we could still. Esther george is a known hawk. I believe she ranked second on our hawk list. Voting member. She is the hawkiest on the year. Not the most hawkish on the fed but what i found today and what i found earlier this week is that you can decide what you think the fed is going to do and i dont think its hard to think that the fed is not going to do very much. The market wants to hear it. You saw a rally in the futures this morning when dudly came out and said look financial conditions are tighter. But heres what im noticing and heres what makes me worry. We have a report this morning and dovish comments from dudly. That was all overwhelmed by what happened at 10 00 by the ism services. The market is not looking at jobs or listening to dovish comments from the fed. Were going to have to follow that. So what is he looking at then . Well, the massive turn around judge, the risk on trade in. Russia. In brazil and in turkey. These are three markets that, you know, if you want volatility you got it in spades in those three markets and yet take a look at them now. Many of these were higher already before crude oil turned but as crude oil turned, you got russia up 4 . Brazil up 4 and turkey up 4 . So those are huge moves even though these arent the same robust markets this is a sign that people are looking for a place to go with risk capital and they went into the three risky markets and they were awarded almost immediately. What is a make of what were watching in crude oil which is literally on the screen now. What was a near 7 move to the upside . What do you do with that . I think you do a little bit of what joe has done in this halftime portfolio challenge. That is on significant dips like this morning you buy some of those stocks. I miss doing that today. Wish i did because these turns were pretty dramatic. So if its not just those efts that i spoke of. If you bought some of those on that dip thats risk on steroids right there but you can make a very nice return. Is anybody buying stocks today or no . I came out with a solid bullish. The only reason im not buying is because im fully invested. You to look at this mornings action and wonder what was going on. I dont think its just the ism nonmanufacturing survey although that was awful but for the market to swing off that much and now come back it tells me that maybe theres a distressed player out there that got taken out involuntarily. You get augmented by the oil report this morning. So you were down and then went another leg down on that but all the action in the ten year and the action in the dollar were all linked to the Services Sector. You growing more concerned yourself about where were going . I am. I just follow the data here. Guys that followed stocks got bearish earlier here and the Economic Data was holding up and so im a little late to the wake i guess is the best way to put it. I was going to say late to the party but the Services Sector was something its still growing. Its not down below. 53. 5. But what you need is strength and we had our rapid update today scott which is the tracking for the First Quarter and the first numbers we got and it was based on reasonably strong auto Sales Numbers yesterday but look at the number. I was looking for a 2 plus handle on that q1 tracking. Now our estimate is just 1. 7 and Morgan Stanley was right to be bearish in the fourth quarter. Its just at 0. 8 . Steve, i appreciate you joining us. Thanks. Coming up its the trade that just wont cooperate. I think these financials are too cheap. I think they go higher. Well, the banks are dropping again today. Find out if our experts are are sticking with them now. Plus energy is under pressure. S p slashes debt ratings on ten big oil companies. The analyst that made those cuts joins us next. And our guest host, rich saperstein brought along his top value pick. Stick around for the stocks and the reason why he says it is a buy today. Youre watching cnbc first in business worldwide. Ive been called a control freak. I like to think of myself as more of a control. Enthusiast. Mmm, a perfect 177degrees. And thats why this road warrior rents from national. I can bypass the counter and go straight to my car. And i dont have to talk to any humans, unless i want to. And i dont. And national lets me choose any car in the aisle. Control. Its so, whats the word . Sexy. Go national. Go like a pro. Sometimes they just drop in. Always obvious. Cme group can help you navigate risks and capture opportunities. We enable you to reach Global Markets and drive forward with broader possibilities. Cme group how the world advances. S p cutting the Credit Ratings of ten Big Oil Company with ten names downgraded to junk. The man that made the call is oil and gas Team Director at s p and joins us now from new york. Ben, welcome to the program. Nice to talk to you today. Thanks. Is this just the first step of what could be further downgrades . Well, certainly this is the Investment Grade piece of it. We lowered our price stack in mid january. We said we would be looking at all the oil and Gas Companies that we cover. So these are the oil and gas, the Investment Grade oil and gas rating action. You have said in your note that the action that the Company Versus taken thus far whether its cutting cap ex and focussing on efficiencies in your word for the most part are insufficient to stem the meaningful deterioration expected in credit measures over the next few years. What else then can these companies do . Companies do have a couple of other options. They could be selling assets and using proceeds to either Fund Spending or reduce debt. Certainly they could seek out other sources of capital. But it is very difficult for most companies to make money at 40 oil. So you know, i think it is a tough situation. Oil has been coming down for sometime. Why was the time right now to lower the ratings and not earlier . Well, we certainly didnt want to jump the gun. In our view it is we have some confidence that oil is going to be low for sometime. Given that the supply overhang. So this is our second price cut in terms of our price deck in the last six months. So i feel like we have taken a measured approach to it. Chevron tops your list of downgrades today and certainly there is much talk about the future of dividends whether its chevron exxon and are they at the risk of chevron specifically and the others . They have a sizable dividend and to fund Capital Spending and a dividend of that size. So any company that has substantial reinvestment requirements and also a large dividend, its difficult to maintain all of that without increasing debt. Are you suggesting then because im not sure youre specifically answering my question. Do you think that chevron for example and exxon or one of the two or both will cut their dividends . I cant speculate. All i would say is that its difficult to do all the things that both companies would like and need to do without increasing debt. How much do you think we would see the level of default in the energy space rise as a result of just the on going situation . Well, we have already seen a number of defaults at the lower end of the rating scale. We have a large number of our ratings, deeply high yield and i do think thats an indication that were going to see a lot more defaults in the coming months. Ben i appreciate you coming on today. My pleasure. Thanks. Ben with s p. What about not only these rating cuts but the idea that dividends could be cut of some of these companies . So, unlike 2008 where the banks are under massive pressure. We see a lot of Financial Flexibility in the oil sector. And we have to preserve the bond holders. The concern is are they going to cut these dividends. Because all of them seem to want to defend it so much. Do you think they are . Some of them. Maybe not exxon or chevron, i look at conoco with negative cash flows though and theyre all toidoing the same thing to defend their dividend now. They can say whatever they want but the market is going to dictate to them what they need to do and in his estimation they cant continue doing what theyre doing without cutting the dividend. And i would say specifically if this continues, if oil remains down at these levels, the problem scott then becomes we have already cut the capex and we have suspended our repurchase like exxon did yesterday then what . What are the other levers they can pull . Sooner or later the dividends would have to be something that would be in jeopardy because if they want to be able to be in a position to make the moves for the companies that scott was trying to pull out of you just now theyll have to find that. We are buyers of energy debt. All the integrated oils whether its royal dutch, bp, exxon, chevron, you can two down to tier two, oxy and conoco. Mostly Investment Grade. Youre not talking about high yield junk are you . Wouldnt go down to tier 3. Wouldnt go down there now but i would stick with the tier one and tier twos. Push comes to shove theyre going to cut Dividends Fund major project spending and dividends next year. And most of us think it will. And one of those two is going to have to give. I was going to say that. Hes answering the question. He doesnt want to say it on television but the words are pretty clear though. So can you buy exxon or chevron today doc knowing that the dividends are at risk . What else do you get out of the bargain . A agree with pete that those are two that i would be comfortable buying. You would . Yes. Now conoco different story. A number of them different story. But also to what rick said about that moment, you take a look at exactly that Kinder Morgan moment when kmi did say okay no mass. We understand. We have got to cut this and they did and where did the stock go . Straight up. I mean not straight up like 50 higher. But instead of being flushed it went up and when you see that kind of action that tells you all you need to know. Coming up, the financials cant catch a break dropping again today along with Interest Rates. Are our experts holding out hope for a rebound any time soon or are they throwing in the towel yet . Well get an update next. The greatest of all time, nfl hall of famer jerry rice joins us ahead of the big match up between the panthers and the broncos. To thrive in an everchanging environment, Companies Must adapt. But one thing should remain constant a financial relationship with someone that understands and cares about your business. Pnc corporate and Institutional Banking offers strategies tailored to your companys needs. Know that our dedicated teams of local experts offer insight to help you achieve your business objectives. See how working with pnc can help your company grow at pnc. Com ideas [martha and mildred are good to. Go. Heres your invoice, ladies. A few stops later, and it looks like big ollie is on the mend. It might not seem that glamorous having an old pickup truck for an office. Or filling your days looking down the south end of a heifer, but. I wouldnt have it any other way. Look at that, i had my best month ever. And earned a shiny new office upgrade. I run on quickbooks. Thats how i own it. Its time now for a trade update. Our desk has been bullish on the banks for quite sometime. I think if you had to pick one area right now id go to the financials. Probably has the most potential upside as the economy gets better. In the long run, the banks are great investment right now. To me financials would be one of the first places i would put my money. I think that the two cheapest airs are financials and energy. My question pete is lets talk time horizons here. Three years out. Respectable time horizon. Do you buy the banks . Yes. That where you will get the most bang for the buck. One year out. First of all this European Bank contagion is something thats very serious. Thats what is dragging us down. Last january we had a difficult january in the financials and then the run up through june. I was seeing Something Like that this year just based upon where they are and how theyre able to navigate through this whole thing but to your point right now this negative Interest Rate environment that were finding ourselves into or no Interest Rate environment is making it very very difficult for these guys but you look at the quarter from wells fargo and u. S. Bank and you go down the line they werent so bad. As a matter of fact, before we started seeing this huge sell offened off and some of that correlated with the banks falling to 52 week lows every day. Thats something you have to keep an eye on as well. I think this most recent leg down is not so much about the Interest Rate picture as about deep concerns about whether there are enough reserves for loan losses. We know theres a lot of hedge funds. And bad returns recently. Thats much to do about nothing though and for the banks to regain what they lost this year wouldnt have to come on a change in the Interest Rate picture which most people now are not expecting any Interest Rate. I hear much more conversation these days about the European Banks. You look at the trading activity. Ubss earnings were ugly and Deutsche Bank is getting crushed for weeks now. Whats the story with the financials. As i said to pete, do you buy the stock . Do you buy the bank stocks right now if your time horizon on when you think theyre going to be better is one or three years . When youre looking at that one its a stock that in may of 2007 is 159 a share. Right now you can buy it at 16. When youre looking at a 1 for 10 and there werent any splits in there. This is blood letting in that stock. The volatility is up but nowhere near the contagion levels that we saw when lehman. Deutsche bank is a buy here. Its very close. Close . Its down 35 year to date. Thats not close snuff . Somebody came in and put a whole bunch of puts out in april. I think theyre just trying to set a floor there judge. What youll start to see is of course a lot of the folks coming in and trying to protect the debt by buying out of the money puts. Thats what they did in the other stocks including General Motors in 2008. The reason they were doing that is the cds were blowing up so much they didnt want to waste their money. Its like setting your money on fire when its up that fast. So instead, they buy they set a floor by buying it out of the money put. I think thats what they were doing today. The next few days next week or two well tell again but again that volatility is about 42 for Deutsche Bank. Citis is higher than that. We look at 23 of the worlds gdp is covered by a zero Interest Rate policy and negative Interest Rate policy. That encompasses the European Banks. We buy the u. S. Banks. Jp morgan, bank america and wells fargo has 750 billion on deposit at the fed. When and if the fed tightens its an immediate bump in their Interest Income so we like the u. S. Banks. 3 dividend. Selling at or below book value. Got to own the u. S. Bank. So he calls you up and says look rich ive seen what Deutsche Bank is doing getting hammered maybe we should start taking a look. You say. Stay away from europe. Im going to take the other side of it to. Im not saying jump in today. We did see that happen on the time frame. Even Morgan Stanley we were watching and Goldman Sachs when the stock was still trading at 80 something dollars a share. Theyre buying the 10 strike puts. That was disaster protection. Theyre buying the 11 strike puts right now in Deutsche Bank and 159 stock now trading 1650. That has to be concerning and theres still something to the down side there and i know that john is not calling the bottom but thats why youd still stay away. Hands off on this one. You can buy citigroup at 0 of tangible book value. So why take the risk of things that you dont know are on Deutsche Banks balance sheet. You didnt say buy. Mario draghi with that bazooka because hes spending that money and pushing Interest Rates lower and lower, as soon as pressure is off thats when you buy. Coming up, chipotle is the subject of a growing criminal investigation into its food safety. The company got an upgrade today to buy and were going to debate it because its the call of the day. Plus tesla stocks hitting the breaks. A 2 year low so where are investors fleeing now . We go behind the wheel with phil lebeau. Well stop by for that trade as well. Hello everybody. Here is your cnbc news update this hour. President obama paying his first visit to u. S. Mosque this morning working to confront bias increasing at an alarming rate. Hes meeting with Muslim American leaders from around the country. Republican president ial candidate donald trump accusing ted cruz of stealing a victory in the iowa caucuses. Cruz didnt win iowa. He stole it. Thats why he got far more votes than anticipated and in another tweet trump wrote based on the fraud committed by cruz during the iowa caucus either a new election should take place or cruz results nullified. Michigan stop environmental regulator saying his state should have required flint to treat its water for corrosion causing elements after elevated lead levels were discovered a year ago. It was the first since they made news. And pope francis greeting member of the American Circus which performed during his weekly general audience. It was the second performance by a circus troop two weeks at the vatican. There you go. Thats the cnbc news update at this hour. The pope like circuses. Back to you. Take a look at whats happening on the far right hand side of the screen. Thats the dollar index which is having its worst day in three months. Oil is a big story in it and it always is and rates are a big story and they always are but the dollar shooting lower today as a result of that weaker Economic Data is being closely watched by many folks. The stock market is down all the way and the dow down 50 points. I mentioned oil spiking today late morning despite the bigger than expected inventory build and jackie has the futures now. Whats up with that. Good afternoon to you, scott. Well, the dollar as you mentioned certainly part of this story and why we saw crude Oil Prices Spike about 6 so far on this session. Let me just get to anthony because we talk about the inventory numbers all the time. You and i both thought this was a very bearish report yet theres enough out there now to turn this trade around. It certainly was a bearish report. When you look deeply into the numbers you see that production did drop. It was small but the second week in a row it did drop. The other thing you mentioned was the dollar. Refinery runs were down which means that crude oil wasnt made in the product is tho was a big thing but the ciggest factor out there is continuous chatter about an opec meeting. An emergency opec meeting. So far nothing confirmed but enough to lift the market. Is this a relief rally. Typical in the reaction we have been seeing in crude as of late or is this the start of something more . No, it would be nice if it were the start of something more but all it says is what scott referenced earlier and thats the dollar is getting crushed now so we see crude oil up 1. 50. But the way that you know this is not important is that crude oil is still a dollar and a half below its low on monday and that level is where i would start getting interested. Okay. Gentlemen thanks. Of course scott well be back with a live show tomorrow at 1 00 p. M. Futures now. Cnbc. Com. We will. Tesla shares hitting a two year low today. Down 8 this week alone. So why are investors leaving the stock . Lets bring in phil live from chicago. Phil, good to talk to you. We were talking about this yesterday off line. Theres been some negative analyst notes. Some very wellknown analysts that have been on the stock and are pulling back and then theres some sales figures throating around that may have some people nervous as well. Whats going on. Those sales figures that youre talking about puts out a monthly tabulation if you will of electric vehicle sales in the United States. Well, we all know that ses la doesnt report Monthly Sales so they do an estimate based on a number of different factors that they take into consideration. Their estimate was more much lower deliveries of the model x and then when you combine the model x you put those together, that is why some people looked at it and said boy thats really low but keep in mind thats an estimate for u. S. Deliveries only and as we talked about before scott that plant in freemont is supplying vehicles around the world and they shift how many they shift to china or europe or canada based on a number of factors. I dont have to take those estimates with a grain of salt. Having said that, if youre looking at the Pacific Crest note this came out late yesterday and they found the alarm stating does tesla have a demand model. They believe the model s demand is nearing its ceiling and if you buy into that theory or that argument they deliver basically 50,000 last year lets say they can grow that by another 10 or 20 . Then your believing that demand for the model s were going to be 65,000 vehicles. This inside ev deal that were referencing, its inside electronic electric vehicle publication if you will. I dont know if its online or elsewhere as well. Their number i think what was some what alarming to folks was their number, their Monthly Sales number was less than half of what the u. S. Run rate has been for the model s specifically and that added to the concern about whether sales are topping out or certainly whether the growth rate is declining some what dramatically. Right. But keep in mind scott, there have been times in the past when tesla is very hesitant. I dont know if they have ever broken out Monthly Sales by a specific country but on Conference Calls elon musk said theres some months were shipping far fewer vehicles in the United States than were shipping to europe or in the future will be shipped to china. Thats the way its going to have to work when you have just one plant. Most auto makers, theyre supplying the market. Theyre building in that market. So you can pretty much sense whats going on in the north American Market for General Motors by looking at whats happening with their plants. Thats not the case with tesla. Tesla has one plant supplying the world. As sales grow in china youll see more shipments there. If they grow in europe or slow down in europe youll see more or fewer shipments and it varies month by month. You to be careful at taking a look at the estimates. Sure and high Growth Stocks have been scrutinized in ways they havent been over the last year or two. Thank you for coming on. You have been cutting through the noise here. Tesla shares by the way a two year low. Coming up one analyst says its time to bite into chipotle. Does our guest agree . The call of the day coming up. Plus sapersteins top stock picks. Youre watching cnbc. First in business worldwide. The Halftime Report is the place for market moving interviews. Here at td ameritrade, they work hard. Wow, that was random. Random . No. Its all about understanding patterns. Like the mail guy at 3 12pm every day or jerry getting dumped every third tuesday. Jerry every third tuesday. We have Pattern Recognition Technology on any chart plus over 300 customizable studies to help you anticipate potential price movement. Theres no way to predict that. Td ameritrade. Where selfproclaimed ofinancial superstars , pitch you investment opportunities. Ive got a fantastic deal for you gold with the right pool of investors, theres a lot of money to be made. But first, investors must ask the right questions and use the smartcheck challenge to make the right decisions. Youre not even registered; im done with you i can. I can. Savvy investors check their financial pros background by visiting smartcheck. Gov coming up on power lunch at the top of the hour, you think the u. S. Banks have been battered . Check out the rivals down more sharply in the last month. Well talk about the big problems theyre facing. And about 100 to 10, go pro nose diving. Earnings after the bell. Should you be buying the stock ahead of the numbers . Facebook, amazon, netflix and the Company Formerly known as google. Can they repeat their 2015 off the chart performance . The bull and bear case for each stock. Scott back to you. See you soon. Chipotle under pressure after reports of a new criminal probe into the recent food safety scandal. However wells fargo sees a buying up and upgraded the stock to out perform. It is our call of the day. Do you agree with it or not . Wells fargo certainly brave to be stepping into this one scott and the stock did bounce about 17 or 20 off the lows. In the first 11 minutes of trading today there was a feeding frenzy for the puts. Just two days ago we thought it was over. Now were back in and were looking at this again to find out who did what when. Thats the worry. The positive is that it did bounce very strongly around that 440 level back up to 457. So wells is looking out and they say the majority of Restaurant Concepts that have had any kind of food safety issue return to sustained same store sales growth within 12 to 15 months of the incident. Theyre looking out. Youre a value guy. Stocks down 36 in a year. The problem is this is not the average food scare. This has been going on for quite sometime. As john just pointed out its not done yet and they havent fingerprinted what the cause of the issues are. This is not the average food scare. Let me point something out. The stock trades at 30 times next years earnings and 14 times right now and if youre going to bring me a stock with those multiples it better be a polished diamond. Not a diamond in a rough that might look good. It has to look like nike today and chipotle does not. Sticking with beaten up stocks, you have a name thats been approaching bear market territory that you like. Absolutely. So cvs is a name that were adding right now. Its 150 billion Dollar Market Cap Company and fits into two themes of ours. One is the aging of the population and the other is the consumer thaes employed more and has more discretionary income. Cvs is big in generics. They are Specialty Pharmacy benefits management. Going to be growing about 14 a year and were looking to buy back around 4 billion worth of stock this year. So theyre shrinking the float. Less than 2 dividend and we like the name. Four days to super bowl 50. The nfls all time leading receiver and three time super bowl champ jerry rice joins us next. Well talk the state of football plus his pick for the big game. Just a few days left now until the super bowl between the denver broncos, carolina panthers. Our next guest knows a few things about super bowls. And winning them. Jerry rice is a threetime super bowl champion, nfl hall of fame wide receiver, some say the greatest of all time, joins us on the phone. Welcome back. It has been a while. Good to talk to you. How are you doing . Good, thanks. Were getting ready and excited for super bowl 50. You are there for a football capacity obviously, but also as the Brand Ambassador for kay jewelers which makes the pro bowl ring, i understand. Tell us about this partnership you have with that company. Yeah, im honored to be with kay jewelers. It is the number one Jewelry Store in america and it is the official Jewelry Store for the pro football hall of fame. And i think a lot of people dont realize that they custom design their jewelry. And im wearing the ring of excellence. And you got valentines day coming up. You can get something custom designed. You can go over to kay jewelers or go to kay. Com and pick something up that is really unique for that significant other that might be in your life. I misspoke. I said the ring of the pro bowl, of course it is the pro football hall of fame. Lets do some rapid fire q a. One word answers. And then well talk some super bowl. Apple iphone or Samsung Galaxy . Samsung. Facebook or twitter . Twitter. Amazon or the Shopping Mall . Shopping mall. Really . Montana or young. Now they get tougher. Both. Great answer. Dont try to trick me into that one, okay. Something told me you were going to say that. Broncos or panthers and why . Im just hoping for a good football game. And, okay, if this scenario plays out, if Peyton Manning can prove that he can throw the ball deep, you know, that puts a little bit of a threat to the panthers defense. But if he cant do that, then theyre going to pretty much squeeze everything down. Cam newton on the other hand, hes a dual threat, can run the football, a strong arm, and they also have a good defense. Im staying neutral right now because i just feel like everything, you know, it is like no matter what you did during the regular season, during the playoffs, it comes down to this one game. And anything can happen in this one game, it would be nice to see Peyton Manning get his second super bowl. It would be nice to see cam newton get his first super bowl. And, you know, after winning the heisman and the National Title game, im sure he really would want to, you know, win this football game. But i think everybody is leaning towards carolina, but i just feel anything can happen. Well, thats where the money seems to be going. Jerry, thank you for taking the time, calling in. We appreciate it. See you soon. Thank you for having me guys. Jerry rice. Pete, your pick. Carolina. All the way. Their defense is just too good. If im ron rivera, we know him pretty well, known him since he was a 17yearold kid like we were, unbelievable defensive coordinator, he knows what Peyton Manning is, a statue back there and hell bring the heat on him. I think hell pressure peyton, that will be almost something that i dont think denver is prepared to fight that. Because of that, cam will be able to run on the opposing team defense very nicely. Without the deep threat, which i think denver is lacking now, if you dont have that deep threat, they are going to squeeze him. Theyre going to play man on the outside and theyre going to basically funnel everything into the middle. I think thats tough on peyton. Coming up, looking at the earnings on deck including go pro, Dunkin Donuts, a handful of energy stocks. How to play them next. We were born 100 years ago into a new american century. Born with a hunger to fly and a passion to build something better. And what an amazing time its been, decade after decade of innovation, inspiration and wonder. So, we say thank you america for a century of trust, for the privilege of flying higher and higher, together. Without looking at cable wires and boxes in every room. Mother, we are settlers. We settle for cable. And the simpler things in life. Like our drab clothing. Thats right, daughter. And homemade haircuts. Exactly, boy. Besides, if it werent for wires, how would cousin tobias get his privacy . Hey shut the blanket i need my privacy vo dont be a settler. Get a 100 visa prepaid card when you switch to directv. Advisor and team who understand where you come from. We didnt really have anything, you know. But, we made do. Vo know you can craft an Investment Plan as strong as your values. Al, how you doing. Hey, mr. Hamilton. Vo know that together you can establish a meaningful legacy. With the guidance and support of your dedicated pnc Wealth Management team. More big names set to report earnings tonight and tomorrow, including go pro, young, conoco, Royal Dutch Shell and cigna among others. Jimmy what to expect from con o conoco. Well, look, the same thing as everybody else in the oil patch, not a whole lot. You know, frankly what im more curious about is if people are drowning their woes from losing money on oil stocks by buying a lot of Dunkin Donuts, thats what well be looking for tomorrow. I dont know what the yield is, i wonder what they say. Well, look, they say whatever everybody else says, theyre not ready to cut dividends yet, wont hint at it. Like everybody else, Oil Prices Stay this low, eventually theyre going to have to face up to the i wonder what would happen if they dropped a bomb. The same thing that would happen to every oil company when they drop the bomb. Theyre going to get hammered and then a buy. Go pro. Oh no lately. It has been oh no. The stock has been reflective of what they have done, which is they have not been able to get things right. Can they prove to the rest of us that they are able to get it right and what is in the pipeline so we can see some growth . Thats what everybody is going to be listening for. Rich, ralph lauren reports later as well. There has been some question about high end retail. Would you buy zegs disdiscretio stocks here . We wouldnt. Youve gotten bearish. Just time to grab some dividend off stocks, staple has been a good performing sector, higher yield there. I thought you were going to say grab from onion dip and go to the basement. Grab some Dunkin Donuts with jim. You have to fight josh for those. I just want to call your attention as well, it has been great having you here again, by the way, look forward to having you back soon. Rich saperstein, one of barons top Financial Advisers in this country. Keep your eye on the dollar index for the remainder of the day. It is having its worst day in some three months and the tenyear yield is now at the lowest level in a year. That Economic Data today was squirrely at best and has a lot of people talking. The stock market moving all around. That does it for us. Power lunch begins right now. Hi, everybody. Welcome to power lunch. Along with melissa lee, michelle carusocabrera, brian sullivan, im tyler mathisen. The dow and s p 500 down less than a percent today, it is the nasdaq feeling the pain. No help from yahoo . Look at the shares hitting new lows in todays session. It is now down by just about 6 . And down 40 over the past one year. The struggling tech company cutting 15 of its workforce and saying it may be up for sale. Here is Ceo Marissa Mayer on isis this morning. We feel good about our plan. Were confident in that plan. I think it makes sense for us to have a more