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How long will it last . And the trouble with twitter. The u. S. Central commands twitter account, as you probably know hacked. Its not the first example. At what point does it make no sense for companies to have twitter . Which ones should stay on it . Well talk about that and more, but, first, lets check in with sue at the new york stock exchange. Hi, sioux. Hi tye. Stocks are surging as we kick off the earnings season. The dow up triple digits about 145 points on the trading session. Make that 147. We were up more than 280 points earlier on this morning. A lot of volatility in oil, and thats one of the factors in this market today. Many others as well and bob pasani joins me on the floor of the nyse to give me some details. We were up more than 200 points and once again, chevron and exxon came in and was a drag on the overall markets, but were Still Holding up pretty well, and tech is having a great day, including down stallworths. Cisco having a great day as well. These are big moves for big market cap tech names, and thats a real leadership group. The problem is this volatility in the energy group. Crude oil is down, but its well off of the lows but were still seeing huge swings in nrl stocks. This is the xop, the Exploration Production etf. Two days. Were seeing swings of 6 or so in the last couple of days and theyre just having trouble settling down. Today refineries are under pressure. Holly and tesoro are under pressure. Gas prices are down more than oil prices. Thats not good news for the refiners. Home builders are moving all over the place. Kb home had a fairly decent report. The problem is look at the drop around 11 30. They hey Conference Call and they said their margin goals would likely not be achieved in 2015. Thats not a good sign. Not only did kb home drop but we saw a lot of the other builders down as well. Thats big drops. A lot of people are saying this is kb home specific. Investors dont seem to be making that much of a distinction. Finally, jamie diamond gave an interview this morning elsewhere, and he said spending on Cyber Security could double in the next two years. All right thank you. See you again in just a little bit. Where are the opportunities in this rally . Bob joins us. He is chief Market Strategist at Boston Private Wealth and adam levy is with jsa capital advisors. For more on the markets, you can also go to power lunch. Cnbc. Com. Welcome, guys. Nice to have you here. Adam, im going to start with you. You say you still believe in this market despite the volatility, and you think this year might be the year that the individual investor finally believes in equities. Well, sue, i do believe that this is the year that more investors do believe in the markets. Weve seen an increase in earnings. I think well likely see that continue throughout the year and even accelerate through the rest of 2015. Were at corporate record earnings at record levels and as a result i think its really because of productivity within the company now. Breaking news. Were going to come right back to our conversation, gentlemen, but first, the bond market its an auction week, and today its the tenyear thats up for auction. How did we do . Oh we didnt do very well. Think yield curve. You know if you are buying the front end because you think that the fed may be delaying the schedule you had in mind a month ago about tightening, you could be selling the long end. I give this auction a d plus. Dog plus. Heres the internals. It was a tenyear or nineyear tenmonth because its a second reopening. The yield at the auction 1. 93. A little over a basis point away from where the when issued market was trading. Big demerits for that. If you look at the bid to cover 2. 61, it was a little light at the ten auction. Average indirects at 50 . A smij better than a ten auction average. 9. 2 on direct. Well below the 15 ten auction average. D plus is what it gets. Maybe more important, actually looking at the results is to consider why investors behaved the way they did, and i cant think of anything other than the yield curve and the fed. Back to you, sue. I think youre probably right about that rick. I really do. Thank you. Well get to you in just a little bit once again. Lets send it over to dominik chu for a quick market flash. Check out whats happening with good year tire. A 2014 is turning out not to be such a good year for the company overall, and in 2015 as well. Look at how its starting. This after it lowered its 2014 Earnings Guidance overall due in part to a stronger dollar and what it said was a more challenging environment in europe in the Fourth Quarter in and of itself. You can see theyre currently down 7 sue, just off of its session lows. Back over to you. All right. Lets continue our market discussion. Don, thank you very much. Bob pavlik, you overall are bullish, and i notice you are looking for returns in the 9 or 10 range. Give me the reasons why you think well performer that well. Well, i think you have to understand where we are. You have an improving economy. You have an Employment Situation that continues to pick up speed. I mean where we were over where we are in 2014 the number of job gains versus 2013 versus 2012, the trend is positive. Youre not seeing a tremendous jump up in earnings but, you know, thats relative to where we were and where were going. We also have some lower initial unemployment lamz. That means fewer people are applying for unemployment benefits. As the year goes forward i think youll get the added benefits of lower Commodity Prices that will help corporations move up on earnings, and its going to help individuals spend more. I think as you partner that all up together, and you partner it up with some of the various concerns that are going on were going to have a choppy year but i do think that overall consumers spending is going to make up for whats being lost in the energy space, and thats going to help lift the market going forward. All right. Adam, where should investors put their money right now given the environment that you both have laid out . I think that the theme now is really in the sectors of technology and health care. Were seeing rapid innovation in those areas and a lot of business spending and growth. Again, i think you stick to the cyclical sectors despite the volatility, and youll find value there. I also like to develop europe. I do think that investors should watch the currency and look to hedge it. Very quickly, bob. Where would you be putting money to work right now . Sure. Consumer discretion earning number one. Technology number two. Financials, number three. Health care number four. You really want to be exposed to the cyclical sectors, the overall economy is going to continue to lift. Again, theres going to be a choppy environment. Concerns about europe, concerns about greece, blah blah blah but overall i think everyone will have a very good year. Thanks bob and adam. Youre welcome. Log on to power lunch. Cnbc. Com for more. Oil continues to be under pressure as weve been reporting all morning. Prices now below 45 a barrel. Earlier hitting sixyear lows. Check out a longer term chart. Pricing differences between wti crude and brent. Now, you see the difference there. Its been narrowing. This is a big deal. Well jackie is going to tell us why. Jackie. Thats right. The last time that we saw brent under wti was july 19th of 2013. It happened for about ten minutes. We didnt see it stay over for a significant period of time since july of 2010. What does it tell us . It tells us that brent is falling out of favor. Economies in europe and asia are slowing and demand is trailing off there. Now, traders also point out to me that wti traded over brent leading up to the financial crisis. At that point brent became the global goto. If we see this reversal wti becomes the global goto, and if we start exporting wti here in the united states, that will strengthen the price even more. Back to you. All right jackie. Thank you. Oil continuing to sink so where is the best place to find opportunity amid those slumping prices and slumping stock prices too, folks . Lets talk to oil experts, carl larry, an oil analyst and president of oil outlooks and opinions, and michael lamott an Oilfields Services analyst and senior managing director at guggenheim securities. Lets start with you. Give us some names and explanations of stocks you think might be worth nibbling at now. Well, you know what were looking at here is an Oil Supply Problem here. When you have supply problems what you are really looking for are places that can stoil oil. Something like enterprise Product Partners probably a good play out there right now. They own a lot of storage. They just bought oil tanking a few months ago, a few weeks ago. I think this is an area where youll see a lot of profits going forward. Cheap oiling means that were going to be packing up as much as we can, and this is a good play right now. I think the refining sector is probably undervalued right now. I think that when you look at the refining sector theres a lot of demand for gasoline and were kind of overlooking that because prices are so low. Were seeing record levels here of gasoline demand. Who do you like among the refiners . I like valero. They have a lot of great operations here in the u. S. They can run heavy. They can run light. Theyre a Solid Company to be part of right now. All right. Michael, lets turn it over to you. You like some of the big sort of drillers, i guess you would call them, in the Oil Field Services company. Why do you like them, and which ones . Thanks, tailor. I think its important to point out that our buys are based on a 12month outlook. The next few months are going to be pretty sloppy but i think we are making a base here in many of these stocks so for investors with the 12 to 18 month time horizon, the big cap stocks in particular, these are good price levels good valuation levels on a good cycle basis to be looking at these names, and over the next 12 to 18 months youll see 20 to 30 up side in these names. Thats what you would like slumberge and halliburton. Because of the pending acquisition of baker hughes buying baker here is a cheap way of getting halliburton a year or so from now. Theres about a 12 spread on the two. Essentially buying baker today is like buying halliburton at 33. Michael carl thank you very much. Quick answers. We appreciate it. Csx kicking off an earnings season later today for the railroad stocks, and lets take a look if we might at csx shares. There you see them down about onethird of a percent on the day today at 33. 80. Plummeting oil prices causing pros and cons for this sector. They carry out and consume it. Hey, tyler. Well, pros and cons is right. Thats why this earnings season will be so important. There are three Major Railroad operators three major ways that railroad operators could feel the effects of Falling Energy prices. Oil shipments. This has been a fast growing business since the fracking crude. Searching more than 2,000 since 2006, and so far those volumes are still increasing. If that changes, keep in mind you can sort of see that here. Its still just a fraction of overall rail traffic. Analysts say that could be offset by volumes in other segments. Number two, cheaper diesel. This is a doubleedged sword. This is one of the top costs of railroad operators, so lower diesel could benefit csxs bottom line in the short run and certainly something to take a look at when they report their earnings after the bell but on the other side of that, lower diesel also makes trucking more competitive, and that could pull some of the intermodel business from road to rail looking at the last graphic. You saw the top, intermodal, huge, huge growth segment for rail. Certainly something to watch. Lastly, natural gas. Thats tumbled as well. Has nothing to do with oil. Has more to do with the weather. Under 3 right now. That could tamp down demand for coal which has rallied. Thats really going to be a head wind since coal is one of the biggest businesses for the railroads. When csx reports after the bell today, all of these factors, all of these Different Energy factors are going to be in focus, and just a programming note on that csx ceo michael ward will be on cnbcs closing bell to discuss all of this later today. Lets toss it down morgan to sue to check in down at the new york stock exchange. Thanks ty. From railroads to shipping and the war of words escalating in the west coast stock workers dispute. Accusations of complete gridlock at the major ports out there. Thats where we find jane welsh, who is in los angeles with the very latest. Hi, jane. Hey, sue. Yeah. Federal mediator working privately with both sides apparently isnt making enough progress to stop the public mud slinging. As you said the Pacific Maritime association or management in this case says west coast ports are on the brink of complete gridlock due to a slowdown by dockworkers. Dockworkers say management admitted in negotiations that congestion is due to operational problems like a lack of space, and in the middle of this truckers at one firm searching of ports have joined the teamsters. Impact on business will warehousers cutting jobs at a paper mildew to the slowdowns in tacoma ports. Thats according to the puget sound business journal. The chelsea Advisory Group says Oxford Industries is concerned about port problems affecting the tommy bahama business. Christopher banks says delays and disrupgs cost the company 3 million to 4 million in sales. Buckingham research is hopeful that bringing in a mediator could mean a contract by mid 2015. There remains a planning risk for the spring stocking period and the National Retail federation says the slowdown threatens the very competitiveness of the west coast ports. Sue. Wow. Jane, thank you very much. Appreciate it. Lets go back up to dominik for a marketplace. Were watching shares of pharma. This after the Biotech Company says its preliminary Fourth Quarter Sales Guidance was better than some analyst estimates here. It also said sales of the only marketed product of a blood cancer drug will target about 1 billion. That doubles last years sales xshgs it also beats consensus analyst shares as a result up by nearly 20 , sue, on the days trade. Back to you. Dom, thank you. Kb home shares sinking more than 10 . The homebuilder says it sdbt expect to reach its 2015 margin goals. Real estate stocks in general starting the year with some big moves. One area up about 7 so far. Diana is in washington d. C. With more on whats fueling that move. Hi diana. Hi sue. Real Estate Investment trusts. These high yield commercial real estate stocks are a big fave. Especially for global investors. Theyve been paying back 100 to their taxable earnings to shareholders, not to mention real estate fundamentals are very solid right now across all commercial sectors. Take a look. As you heard, up 7 yeartodate. Up over 30 from a year ago which has some wonder if anything they might be a tad overheated. Now, i spoke to david at Cantor Fitzgerald who says that everything is perfect for reads right now, but he warns if Interest Rates start to rise rates suddenly become less attractive despite their solid fundamentals. Still, others argue those fundamentals mainly rising Real Estate Property values can actually wle an Interest Rate rise. Professor sam says investors have to be far more discerning though, about specific sectors and companies. Take, for example, apartments. They were the top performers in 2014. Up over 40 for the year. A lot of new supply is coming online this year and that could hit apartment property values. Warehouse was big in 2013. Not so much last year. Offices, though a better bet as there has not been so much new supply and vacancies are finally starting to fall. We have so much more online on this subject. Realty check. Cnbc. Com. Diana, thanks very much. Earnings season is underway so which stocks are going to help and hurt with Earnings Growth . Dominik chu knows. Dom. Modest growth expected. Two stocks in particular in the s p are expected to drive the bulk of earnings per share growth. Well have those names and which ones are the biggest drags coming up next after the break on power lunch. Keep it right here financial noise financial noise financial noise 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. Time for headlines. Amazon shares are surging. Citi upgrading the giant to a buy. Secondly amazon hiring woody allen to write and direct his first tv series ever. Hilton hotels upgraded outperform from market perform at wells fargo. Wells pointing to a number of potential positives, including the possibility of a real estate spinoff. Best buy upgraded to buy from neutral at Goldman Sachs saying it sees a 15 upside for the stock and a surge in sales in hightech tv sets. Ty. Sue, thank you very much. Earnings season underway the most impact on overought profit growth. Which stocks should you watch . Dominik chu breaking it down . We had a guest on yesterday. You said if you take out the energy companies, the earnings season might not look so bad . It may not look so bad. Heres the reason why. Jonathan and his team of strategists over at Rbc Capital Markets took a bottoms up. They looked through all the corporate fundamentals and figured out theyre looking for about 4. 5 earnings per share growth in the s p for the fourth yaurt. How does it all break down . Thats the real question. Well lets go with the bad news first. The biggest drag, like you said energy, right . We looked at the top or bottom five if you will. Jonathan and his team says take a look at these stocks because, again, 4. 5 anticipated earnings per share growth. Of that we got detractions, objection dental petroleum looking to take. 2 away from that. Conco phillips. Two energy companies. Then theres ibm. Remember the worst performing stock in the dow the last two years in a row. Chevron and exxon, both stocks today 1. 5 drag on the overall picture. We could see hire growth if they werent there. Lets move on to the good news. This is where the story gets pretty interesting. If you look at the good news here Fourth Quarter Earnings Growth. Instill brookshire. Theyre xwpd to add. 3 of 1 to the 4. 5 . Take a look at this side here. Gilliad and apple. Both companies could contribute at least 1 each to the overall 4. 5 Earnings Growth rate. 4. 5 Earnings Growth. 2. 1 of that number of the 4. 5 . Almost half of it is Just Two Companies alone, and thats apple and thats gillead. Those two stocks can be huge when it comes to Earnings Growth. I got to understand this. A half dozen and that the rest of them dont really matter at all. These two at the end here appear and gillead, the big drivers for upside preferred share growth, and what you did see, chevron and exxon. The biggest detractors in terms of the estimates for right now. Well see if that plays out this earnings season. Dominik, we will see. Theres a lot riding on apple and gillead. Back to you. All right ty thanks. U. S. Central commands twitter account gets hacked. Just another reminder of how vulnerable we are in social media. At what point did sd it make sense for a company not to have a twitter account . Julia is following that story in l. A. Julia. Well were not there yet. Coming up, well take a look at how companies and organizations can better protect themselves and the threats they face. Thats coming up after the break. Your moms got your back. Your friends have your back. Your dogs definitely got your back. But whos got your back when you need legal help . We do. Were legalzoom, and over the last 10 years weve helped millions of people protect their families and run their businesses. We have the right people onhand to answer your questions, backed by a trusted network of attorneys. So visit us today for legal help you can count on. Legalzoom. Legal help is here. Attack of centcoms twitter and youtube accounts is a reminder of how vulnerable companys twitter accounts are in this day and world. A look at how big of problem this really is and how Companies Need twitter to dress it. Over to you. Well, sue, any social media account, be it twitter, facebook, or youtube, that is linked email is vulnerable. Once email is hacked organizations like isis can fairly easily take over a twitter or youtube page and post who the white house calls digital vandalism. Now, twitter itself was not responsible for yesterdays breach of centcoms twitter account, but to avoid that kind of embarrassing hack it works with companies and organizations to call to encourage what twitter calls good security hygiene. Its hundreds of salespeople and Government Relations contacts around the world educate companies and individuals, organizations about twitters security features like two factor author authenticate. To encourage them to take certain steps, including keeping a list of who has the password to an account. To rotate pass words on a frequent basis, which means every one to three months twitter also encourages companies to use password management tools like dash lane one password and last pass which allow users to create really complex pass words and yet doesnt make you remember those complex pass words. Now, complex pass words really do matter. According to the Information Security forum, a properly formatted ten digit password is 1,000 times harder to hack than an eight digit one. Tyler. Actually, julia, were going to update the marks right now. Thank you. Were now up 46 . The market that is given back a considerable amount of real estate, if you will. Were now up 45 points. Thats just over a quarter of a percent to the upside ty. Were going to keep an eye out for you. Thank you very much. Sue. Between hacking and controversial tweets sometimes sent by rebellious employees, do companies sometimes stand to lose more than they have to gain by wading into the world of social media. Lance is mashables chief correspondent and editor at large, and janelle moltenhertz is Brand Partnerships and marketing expert at weddington way. Welcome to both of you. I guess one of the questions that a lot of people have in light of the hacking of centcom is why did they have a twitter account to begin with . Why would a Large Company need a twitter account . Couldnt it be more dangerous than not . I think its super important to have a choice as a brand have a voice, and whether you are speaking to a 15yearold using snap chat or a 45yearold using facebook, its important to be able to communicate in an open and direct fashion. Listen social media is an extension of a brand customer service. Nen running that social media has to be versed in ins and outs of a company, as well as be able to eloquently communicate the brand identity. In a way thats strong and consistent. Why would ge lance or xerox or wells fargo or chase why would they want to mess with it . Im glad you mention ge. Obviously, you know theyre a company that focuses on innovation, and with that comes some level of risk. You know so do cars right . We have an accident with a car. We dont stop driving the car. The benefits of social media so outweigh the negatives and the risks for these companies. What are they specifically lance . The benefits or the risks . The benefits. I mean the benefits are you get to control your message. You know twitter has not if somebody hacks it. Not if somebody hacks it but theyre not being hacked every day. Obviously, when Something Like this happens, it is publicized heavily. It is an embarrassment, and that is a failing of the company, you know properly educating their employees. The tremendous benefits of being able to have a voice, share your message, define the perspective of your company, of your organization to the world because if you dont, if you dont have a voice on social media, people will create it for you. Yeah, there are always going to be risks. People going to be going after accounts. The lesson here is not social media is bad. The lesson here is security. We appreciate it. Its going to be a long conversation. Im sure well come back for it. Sue, thanks. Back to you. Some interesting market dynamics. Watch this market because if it goes negative, and were now only up 27 points, it could get a little ugly this afternoon. Seeing a lot of action in the metals markets today. Lets take a look at where gold is trading as it starts to close for the trading session. Its fractioning to the upside. A lot of the action has been in the other metals. Copper in particular which hit a fiveyear low earlier this morning. Right now it is down better than 3. 5 . We do have a 3 gain though in the silver market and a fractional gain in paladium and platinum. Watch the Copper Market. Thats the whole deflation play and the global worry play for the Copper Market. Lets go back to dom because he is tracking some of the gold stocks. You expect that when gold stocks will really fall today, despite the fact that we saw green arrows for gold prices themselves. Barrick gold newmont mining. It entered into an agreement with bankers to raise 250 million in a share issue deal here, and check out freeport mcmoran. Also, sue, interesting, remember, there was a barclays note out yesterday, and they forecast lower gold prices and prices in 2015 that may also be contributing to some of the down draft for the gold mining stocks on this flat play for gold. Back to you. Art just put out his note and he said that the s p slipped under its 50day moving average, and that is what is taking the dow off of its best level forces the day, and the s p is now fractionally, hugging the flat line, but it just fractionally turned negative. The Dow Jones Industrial average is up 21 points. The treasury sold 21 billion to tenyear notes, and it got a dog plus. D plus from rick santelli. How is it looking now, ricky . You know once again, were kind of back to the same levels we were, and you could see it on the chart. Look at this chart of tens. Another thing to guardian ner the wee hours of the morning. You notice on that tenyear chart, we touched 186. The october 15th interday low. Super significant. Especially in the context of the next chart. A twoday at third year. That touched one basis point away from their lowest yield ever. Yes, they touched 246 interday, and the last chart, tens versus thirties is also flattened. Its flattened 67 basis points since july of 12 when both mat urts made the alltime low. Ponder that. Sue, tyler back to you. Thank you very much. We are as sue points out, well off our highs for the day on the dow, and s p. There you see the dow now up just 33 points. We will break down the big movers when we return. Have you heard of the new dialing procedure for for the 415 and 628 area codes . No what is it . Starting february 21, 2015 if you have a 415 or 628 number youll need to dial. 1 plus the area code plus the phone number for all calls. Okay, but what if i have a 415 number, and im calling a 415 number . Youll still need to dial. 1 plus the area code plus the phone number. So when in doubt, dial it out welcome back to power lunch. The dow right now is just up a bit, and youve got the s p just now slipping into negative territory. We do have continued strength in the biotech area. Take a look at the biotech leaders today. Pharmacyclics better news on its peak cancer drug. Its a huge gainer. Overall, biotech index tepdz to perform very well during the jp Morgan Conference according to our analysts over at kensho. Already up five to ten yeartodate. You can expect a move here during the conference. All the positive news flow. Gillead is up. A lot of them are negative now. These tend to be some of the big out performers. A lot of them are at alltime hides. Back to you. Okay. Thanks. Lets talk more about the market. Here with me is bob pasani also cnbc market analyst kenny, tyler is in the conversation. Dominik chu in the conversation. We move below the 50day moving average, and thats what triggered the selling. The technicals. Its much more technical. I had it in my note. Weve been teasing with the level the past two and a half week. It tends to be confusing. Essential great news out of there. You have some divergence. It begs the question as to the rally we saw this morning was mostly Short Covering or whether there was some real buying in this market because it doesnt look like there it is now. It tried to pick that was the first disappointment. Energy stocks didnt respond even though oil was down and came off its lows. Didnt really respond. Second problem was Home Building stocks late in the day dropped as kb homes says their margin of 2015 will not be as strong as people thought. The whole complex fell apart. Alcoa went negative. They were strong during the day. Generally good comments on their earnings overall, and then it just went negative a little after 10 00 eastern time. A series of sort of disappointments, and i agree breaking the 50day was the straw that broke the camels back, but it was descending down almost from the open. Lets bring dom and ty into the conversation. I know the were now almost at 21. Thats a factor too. The vix is certainly a factor here. I want to call your attention to some of the names really moving right now. If you look at the dow industrials, it really has fallen out of bed after being some 280 points well say to the up side early in the session. If you look right now, those shares up just about 6 points right now for the overall index. Pressuring the index overall. Dupont shares also chevron, caterpillar, exxonmobil and thats not the only index giving its gains. If you look at the s p 500 it as well went into negative territory. I want to followup on what bob and kenny were just saying right now. If you look at where the leadership was early in the morning when we saw the market highs, we saw technology as a big leader. We also saw industrials and consumer discretionary. Its out of these types of sectors overall, guys. Ty the oil market taking another leg down on the trading session. West texas and brent both extending their losses a little bit. Thats certainly not helping the dow any. Among the companies expected to be the biggest drags are the earnings companies. Chevron and exxon, two of the dow compoen incidents, and those certainly have been suffering. I think were in the middle of earnings season. Financials start tomorrow. When we start to get the energy names, understand, they really killed energy names, right . Actually when the earnings come out, that may be the time then when you start to see some support when it tries to find the bottom. Well do four billion on a day. Normally we only do three billion. Theyre trying to figure out where to go with this. Dow is negative. S p negative. Nasdaq because of some of those tech names holding on to about an eightpoint gain, t wr. Well see where we go. Its going to be a busy couple of hours. We told you, some of the biotechs shooting higher, and one company focused solely on cancer has seen its shares jump about 30 over just the past three months. Power lunch, well talk exclusively with its ceo in two minutes. Stay with us. Yone talks about what happens when you turn sixtyfive. But, really, its what you do before that counts. Thats thinking time when you ask yourself, how do you want this to go . See, medicare doesnt cover everything. Only about eighty percent of part b medical costs. The rest is on you. So, get started on an informed decision. [ male announcer ] consider an aarp Medicare Supplement Insurance Plan insured by Unitedhealthcare Insurance Company. Like all standardized Medicare Supplement Insurance Plans these plans could help pay for some of what medicare doesnt. That could really save you in outofpocket medical costs. So, call now and request this free decision guide. 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[ male announcer ] remember, medicare doesnt cover everything. The rest is up to you. So, call now request your free guide, and explore the range of aarp Medicare Supplement plans to choose from based on your needs and budget. Sixtyfive may get all the attention, but now is a good time to start thinking about how you want things to be. [ male announcer ] go longâ„¢. Im jane in los angeles. Earlier we told you california is moving to suspend the license of aqua financial which specializes in service says subprime mortgages. I just got off the phone with the state department that said that ocwen has not filed paperwork to make sure they havent violated the homeowner bill of rights. There has been a serial failure to comply. However, suspension hearings will not start until july and even then if ocwen loses, it will be given a chance to transfer nearly 400,000 loans and services to other firms. The stock has lost more than onethird of its market cap today. Crude oil exports from the united states. Right now that is prohibited. The white house, though in the last hour wanted to make clear that at least for now there is no change in those rules coming. Heres the White House Press secretary josh ernest just a little while ago. Take a listen. There has been no change in regulations regarding crude oil exports. These kinds of regulations related to crude oil exports are administered by the department of commerce so if theres any sort of formal announcement about a change it will come from the department of commerce. A hotly watched issue, and very closely followed issue in the oil markets. The white house, though saying no change coming right now. Guys. All right. Thank you very much. Two biotech companies, well one of them is focused solely on cancer, and it has seen a jump of 35 in the past three months. Meg terrell is live at the Jp Morgan Health care conference in San Francisco with the chairman and ceo of ariad. Over to you, meg. Thank you so much. Joining me now is dr. Harvey berger where are thank you for joining us. Thanks very much, meg. Just mentioning your stock price has been rising. You guys gave some outlooks for profitability in 2018. Starting some new trials to try to expand your approved cancer drug. It had been pulled off the market, as we know. Tell us about the progress. Commercially weve had a really good year. Weve really made progress in the u. S. As well as in europe. Most importantly, as we look to the future three major new trials. The most important one of which is a headtohead comparison with a Market Leader which is nolocnid. Second line in the pashgts who failed clevec. Were also going to the pipeline as elt 113. Or 113. Thats really part of the next step in terms of building out our overall business. A real focus on profitability in three years, and over 400 million in product revenues as we look to three years from now. Now, one question about your business. I think people have is you have a known activest on your board. Alex denner. He has been a productive and cooperative member of the board. He is part of a very involved board of directors. At the moment, you know were moving ahead. He has been part of the planning that led to our threeyear plan that weve just talked about. So were excited about where were headed. Wonderful. Dr. Berger thank you for joining us. Thanks very much. Back to you. All right, meg. Thank you. Dominik chu now, market flash. Weve been calling your attention to whats happening overall with the Dow Jones Industrial average now flirting with those gains and losses right around unchanged. We want to call your attention to you can see there. Were just about flat. You cant really get that much flatter than we are right now. Remember, a lot of this sentiment had to do with what happened with kb homes. In their Conference Calls they released earnings earlier today, and in the Conference Call they cast doubt on whether they could reach their profit margin goals for 2015. That weighed on the entire sector. Changed a little bit of the sentiment at least in certain parts of the market. Tyler, kb home very much a part of todays overall market narrative. Its at session lows right now down by about 15 so far today. Tyler, back to you. Dominik, thank you very much. New twist in the harold hamm divorce drama. What the oil tycoon and his exwife are battling over now. We got that when we return. I dont want to think about the alternative. I dont even know how to answer that. I mean, no one knows how long their money is going to last. I try not to worry but you worry. What happens when your paychecks stop . Because everyone has retirement questions. Ameriprise created the exclusive confident retirement approach. To get the real answers you need. Start building your confident retirement today. The stock rally has lost all of its steam. The dow is up nearly 300 points. Were now down 82. The dow and s p everything is negative. Shares of good year tire falling after the company lowered its 2014 Earnings Guidance. Good year says a stronger dollar and a more challenging environment in europe will hurt its results. Gold stocks sliding. Barrick numont mining and nuyamana gold all down. At nearly 1 billion its one of the biggest divorce settlements in american history. Could it get even bigger . Find out. New twist in the harold hamm divorce case ask robert frank is all over it. Robert. The divorce settlement in never seems to get settled, tyler. Harold hamm was ordered pay his wife is billion in november. He wrote her this check for the full judgment. 974 million. His wife, sue ann, has now cashed that check, but she is still appealing, saying she sdeshs more of his 9 billion fortune in a statement she said i still believe that the trial courts award was not fair and equitable, and that this check is a small portion of their marital assets. Oklahoma law is clear. Once you cash this check, you cant appeal. Mr. Hamm says the check cleared last week, and her appeal is legally void but he is also appealing. He says she gets too much and that she should get half of that total judgment. If he wins he may get to claw back some of that big check. Harold hamms attorney telling me he hasnt sold any stock to write this check. It all came from assets and loans. Back to you. All right. Thank you very much robert. For more details on this billion dollar divorce case go to power lunch. Cnbc. Com. There you see it. Power lunch. Cnbc. Com. Sue. Art cashin just swung by and showed me a short he is watching. He said we put in an outside reversal day at this point, so technically that does not bode well for continued moves to try and get to either positive or at least hug the flat line in this market. We were down 82 points. Right now the Dow Jones Industrial average is off about 50 on the trading session. 59 to be exact. The s p is down almost ten. The nasdaq is down 12. The russell 2,000 is down seven. A lot of volatility in this market. The Oil Market Getting hit hard once again, and as a matter of fact, the Copper Market closing at better than a fiveyear low. We do have the commodity complex in general selling off. Ty. Boy, stocks really did melt in just the last hour. If you missed any of the big stories in the past hour go to power lunch. Cnbc. Com. I, sue, have the pleasure of hanging out for the next hour with our dear friend mandy drury. Yeah. So glad you are joining us. We have a big market day here. Were going to be all over it. Well look forward to having you on the show. That does it for power lunch. Street signs begins right now. You have gain of 282 points on the day, and then someone hit the sell button bigtime and it was less than just an hour ago. You can see around here we started to really lose steam. What happened . Hello. Im mandy drury. Brian is heading northward to the oilfields of canada for a big show tomorrow by the way. Welcome, tyler, again, to street signs. Talk us through exactly what the markets are t

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