Starts right now. Liz good afternoon, everybody. Im liz claman. The last hour of trading. The dow and s p are on a roll. Both on track to end higher for the fourth consecutive day. It may be the longest winning streak since back in april, april 30th, and the longest for the s p since may 15th. Two important things that were watching all our long. The nasdaq composite finishing above 3,500, here is where you see it right now, you can tell. If the nasdaq itself moves higher, that is what it will become a 3,500. Its highest close in nearly 13, not months but years. Well, on track for its Third Straight record close hitting a high. What is driving this so quickly . Investors are optimistic about the new earnings season. Alcoa, we saw this yesterday, the first member to report earnings and said a positive tone for the trading day because it beat the bottom line. This morning Wolverine World Wide reporting better than forecast earnings in the outlook shares of the big shoe conglomerate looking very good for the moment. Up two and a half . You cannot ignore blackberry, up about and a half, 2 . The ceo facing, i guess you could say annoyed investors at the annual Shareholder Meeting amid concerns about sagging sales. Officially approving the name switch from research in motion to the more commonly known blackberry, but the ceo insisted that the company is on the path heading toward a turnaround, and talk all options. As you see, shares are moving higher by 2 . My old school blackberry, i will never part with this because i love it so much, but over the weekend i met a guy who was excited about his touchscreen blackberry. It looks so cool, everyone was fawning all over it. We have seen a megamerger and acquisition deals this year, some of the biggest on your screen. Liberty global sweeping up virgin media. So usually we see merger mondays. Today we have ourselves to big deals. Id just rate grocery giant. Nicole petallides on the floor of the New York Stock Exchange analyst with how investors are reacting but how traders get when they see a merger. [inaudible conversations] well, they love it. Vague love seeing mergers. The fact that the markets of liquid and things are happening. Costs its a good thing for the markets. Lets take a look. Kroger up two and a half . The markets up. But what is happening with this acquisition. Kroger is taking over for almost two and a half billion, moving the stock to new alltime record highs because now theyre going to expand into areas in the southeast and midatlantic. So with it is a bigger presence. Coupled with the fact that they have higher margins stores because that is what Harris Teeter is. And Harris Teeter staff and executives will continue to run that, but you can see here that they both both stocks are running about. For the record, i have a new type of blackberry. I went back to my old one. I have a new one. Once i found the chargers from my old one, i went back. It has the biggest bucket buttons, the end. Liz when we are together we are all about our old school blackberries. No matter how you to humiliates us. Thank you. Skip right to the floor show because traders at the New York Stock Exchange, cme, and nynex are looking at higher gold, oil or 1. Yields moving higher. What grabs your attention the most . I think we are right on the cusp of earnings season, liz. The guy who says that the basically negative, better than 61 companies have given us negative guidance. I think the bar is real low. The expectations are low. Gaining earnings. We just happened to see it. This quarter appears to be a thing like the previous quarter, and that is the case. We would companies that will come in and beat and that will be a plus for the market. Liz down you think that is the driver . Still very weak in disconcerting. We get into the earnings reporting, if we go back and let three of four years, the market seems to have resiliency and strength depending upon where we are in the cycle. So there is no question that when the focus is earnings and earnings reporting, Everything Else seems to take a backseat. That is been a good thing for the market. Liz let me get to the nymex because here is what is not going to take a backseat. That is gasoline prices which are moving higher by more than a percent. Usually its almost immediate when you see for example. Gasoline is up one 2 3 . How does this then affect consumer stock who are dependent upon people driving to them, not worrying about spending more on gasoline to fill up the tank and they are about buying a 2man tent over a target or walmart. That will be something we look at going into wednesday. See how the driving numbers worked out over the Holiday Weekend and how many people were driving. It does not look like we have a lot of movements out of the gasoline stocks which is a concern that people are starting to get affected by higher gas prices. But it is not really going to have too much of an effect on oil. Even though we had a bullish dollar, we have had some resistance levels that were technically overbought. The uncertainty in the middle east and not reject. Syria is still in the background which could be affect the technicals will be great, but a lot of the technicals and even some of the fundamentals go out the window. Liz were looking at a live picture of cairo. Of course, still people gathering. It looks peaceful. He knows. They have this laser show constantly going. The fact is that things have at least sort of settled a little bit as we watch all of that. So charlie started laughing when i said 2man tent because you guys in chicago do that tent condo. Have you seen as . [laughter] my brother and i go on a canoe trip. I have a 3man tent and he has a 6man tense. Liz a casinos. Did they come with seats . Thats all i care about. Lets talk about whats happening with the dollar. Delicate this and say, the dollar right now, interestingly enough is looking a little bit stronger. Is this something that we need to watch as we head into bernanke speaking in the 4 00 p. M. Eastern hour which we will be taking because there may be a question and answer session. He knows what youll say. Today you saw a lot of really strange relationships and this is the use of the dollar up, bonds up, equities up and gold and silver up. So for me, gold and silver, i would like to see the dollar rising and ddc gold and silver going up. That will tell me that the fear trade is on. Betty not think were at that point yet. Again, with the equities last time i was on i talked about how is a Glass Half Full market. That think right now but we really started this the last week after the employment numbers and into this week is good news is actually good news. With the market is really fighting in terms of the tape working hire, youre seeing talk of tapering, but this is kind of easing its way on the market, and the market is trying to price and the fact that the economy is chugging along. Ratting jobs. Quite frankly its a tired phrase, but if you look to china, the numbers are not very get better there. Europe, numbers are abysmal. We are. Were showing it, and the numbers are proving it. Liz chinese take tire. Great to see you. Tomorrow, when bernanke does speak in the 4 00 p. M. Eastern our let me make sure everyone gets that, we will, of course, be taking it. Good to see you. We should look this ceo of this 6man tent. Wonder if theyre doing good. Theyre expensive. Ever since the recession hit, the government has been trying to get banks to lend more, not necessarily bar or more, lend more. Today Bank Regulators adopted new rules that will have a major impact on how big banks borrow money. Lets get to peter barnes in washington d. C. What details might affect our investment yours . Well, new regulations would affect the eight biggest banks. There is a new proposal from the regulators today, who doubled from five to 6 these banks core capital to help prevent future taxpayer bailouts. Its just a proposal, and this would apply to the largest systemically important banks, and they are designed to address too big to fail concerns. The banks would have to raise the extra capital by 2018. The fdic says that if the rules have been in place last fall the firms would have h raise 89 billion, with the agency says that the big bang start to have already on their way toward raising that amount anyway. Extra new capital would just be incremental, and bank analyst Gerard Cassidy seems to agree saying that the proposed rule would affect just eight banks in the u. S. , and we think at least six could easily pass the 5 requirement. We did not expect any of the companies to have to raise capital or change their Business Strategies in any meaningful way still, big banks are protesting. The head of the Financial Services round table saying, while we support Financial Institutions holding more capitol, this new proposal combined with existing leverage requirements will make it harder for banks to lend and keep the economic recovery going liz and these guys complain and complain. Everyone but wells fargo is moving higher, looking at some of the big banks. Theyre coming in with record profits. Im not saying we want to add more regulation. Listen, lets not forget what happened a couple of years ago, and there are a lot of Unemployed People because some of them to a crazy risk. Thank you very much. Closing bell ringing in 48 minutes. The philadelphia 76 years. On the one hand, theyre one of the most famous names in the nba, but the franchise has been stuck in the doldrums recently. Can incoming ceo, top executives got anneal turn this team around . Bringing his Madison Square garden to the city of brotherly love . A fox business exclusive with scott and kneele on how he plans to sharpen the brand with out a coach or a mega name player. Wait until you hear his plan. I want to make things more secure. [ whirring ] [ dog barks ] i want to treat mo dogs. Our Business Needs more cases. [ male announcer ] where do you want to take your business . I need help selling art. [ male announcer ] from broadband to web hosting to mobile apps, Small Business solutions from at t have the security you need to get you there. Call us. We can show you how at t solutions can help you do what you do. Even bette liz every incoming ceo has some type of challenge, but for the justnamed ceo of the philadelphia 76ers, try no coach, no star player, and a franchise in need of some real sparkle. Scott and kneele just got the nod and brought Madison Square garden its firstever markey partner along with many other wellknown brand partnerships. Can his new york state of mind help the city of brotherly love . Philadelphia 76ers incoming ceo joining me now in a fox business exclusive. First of all, the people were waiting to see where you ended up. Now we know. Congratulations. Thank you. Im absolutely thrilled to be here and be a part of the resurgence of this great franchise. Liz not such a stretch. You worked in sales for the philadelphia eagles. You have on your belt, right . S i definitely have a feel that this is coming back home. Its nice. Liz you have not only a huge sports challenge, but a business challenge as well. In a rebuilding phase. Two months since the coach resigned. The team has traded in all store allstar for rookie. How will you tackle the challenge of Marketing Team without both a star player and, of course, a coach. Well, i think that is the exciting part and the exciting challenge and what makes this business so special and so exciting at this time for someone like me. Many like an opportunity like this and have a chance to go to a great city like philadelphia and a brand like the sixers and a chance to work for josh harris and a blizzard, i would not rather be anyplace in the world. As far as the challenges go, challenges are opportunities. It depends on how you look at it. Im up for the roller coaster ride. I cant wait to be part of this resurgence. We have a plan in place. Its going to be executed, and we will have some fun and many you come down to a game. Liz that is a definite. I will bring my brotherinlaw because he is like the biggest fan. You think a similar situation in new york when you got to the next in 2008. Now they are winning team and a cash cow, but they warned when you got there. Was the first up . And not asking you to reveal the playbook, but when you get to take them on that path but will it look like . From a business standpoint. Absolutely. You can look of the philadelphia eagles. When i went there, they just bought the team. And then also, the knicks and rangers. You come in and they struggle on the field or the eyes of the court. What youre looking for is the right to ownership group. Youre looking for a plan to get in place, and youre looking for a city that understand sports where you can capture that passion. They are very all of them run parallel. We are a couple of years behind, so we will get there and get the the right way with the right people, very talented Group Command were going to go out and in cases community. I think philadelphia is the city that has proven in the past to be a terrific sports city and one that, as we become involved in the fabric of the community, this committee will fallen love with the front of the jersey just like it will the back. Liz there you go, getting fan frenzy started is important, and most would say that the way you do that is to really stoke a rivalry with the team against which they play. What rivalry do you think will get the fans most frenzied and to buy the jerseys and cheer on the team and buy the tickets and merchandise . Well, the rivalries start they always do with playoffs and i dont think were quite there yet. What we will focus on is making sure that this market in these fans come out and give us a try. Come out and we will view a great night out, whether it be you want to do business or bring your family or have a date, what we can promise you is our guys on the core will play hard every single night and play the right way and we will put on a show that will be second to none. Liz then you get to what you talk about with like what jerry buss does. I want invite you to a game. I will invite you to show. The value of the team is also important. We just put up on the screen the value of the top five teams. Its not a surprise that the lakers and the knicks are 1 billion plus. Key have to get down to 20 to get to the sixers. So listen, these franchise values are important. What do you need to do to get that . Well, i watch your show quite a bit. You are oftentimes talking about the market in big opportunities. The last thing you want to do is buy a stock high. So i think if youre betting on a horse, the oneyear ban on, id be buying the sixers. This is an Organization Going in the right direction with the right strategy and the right owners. Liz let me finish by asking about the fact that the sixers are not the only one in transition. So is the nba. What issued you want and to address as a top priority . He has i tell you what to migrate kendis to work from. So instrumental in building the business to where it is now. You have the finals were spectacular, the emergence of stars has come out again. A new phase of stars coming. And the tv coverage was terrific, but where he will make his say is globally. He will continue to apply the ground set by commissioner stern and you will see expansion more in south america and asia and india and he will take it to a whole other level. Basketball fans and Business People associated with the leader around the world should read studies, smile, and hopefully someday meet him and shake his hand because hes taking is to a whole nother stratosphere. Liz we wish you well, not too well. Liz well see you soon. I bring my brother, the head of fox business. You have a lot of people who like philly. Thank you. Bring them all. We love you. Liz scott r. Kneele, the incoming philadelphia 76ers ceo with the lottas plate. The closing bell ringing in 37 minutes. Today jayz officially released this is brand new album magna carta the holy grail. Wait until you see the remarkable promotion tactic that he has been taking. We will face the music straight ahead. Two companies, maybe both you wont. We have exclusive new details on how prosecutors could be making a lastditch attempt to gather evidence against billionaire steve cohen. The biggest alleged insidertrading scheme in history. If youve got it, you know how hard it can be to breathe and man, you know how that feels. Copd includes emphysema and chronic bronchitis. Spiriva is oncedaily inhaled copd maintenance treatment that helps open my obstructed airways for a full 24 hours. You know, spiriva helps me breathe easier. Spiriva handihaler tiotropium bromide inhalation powder does not replace fastacting inhalers for sudden symptoms. Tell your doctor if you have kidney problems, glaucoma, trouble urinating, or an enlarged prostate. These may worsen with spiriva. Discuss all medicines you take, even eye drops. Stop taking spiriva and seek immediate medical help if your breathing suddenly worsens, your throat or tongue swells, you get hives, vision changes or eye pain, or problems passing urine. Other side effects include dry mouth and constipation. Nothing can reverse copd. Spiriva helps me breathe better. Does breathing with copd weigh you down . Dont wait to ask your doctor about spiriva. You are gonna need a wingman. And my cash back keeps the party going. But my Airline Miles take it worldwide. [ male announcer ] it shouldnt be this hard. With creditcards. Com, its easy to search hundreds of cards and apply online. Creditcards. Com. All your imptant legal matters in just minutes. Protect youramily. And launch your dreams. At legalzoom. Com we puthe law on your side. And launch your dreams. When you do what i do, iyou think about risk. I dont like the ups and downs of the market, but i cant just sit on my cash. I want to be prepared for the long haul. Ishares minimum volatility etfs. Investments designed for a smoother ride. Find out why 9 out of 10 large professional investors choose ishares for their etfs. Ishares by blackrock. Call 1800ishares for a prospectus, which includes investment objectives, risks, charges and expenses. Read and consider it carefully before investing. Risk includes possible loss of principal. Liz we may fight later. Federal prosecutors making one last ditch effort or attempt to get a former sbc Portfolio Manager to slip and go against his old boss, embattled sac capitol founder steve cohen. Some Defense Attorneys think you think so . Im going to let the viewer know my sources because the bottom line is we do not have this from the u. S. Attorneys office. There are not commenting. What the federal attorneys are telling me, they represent the people that may be part of this probe and theyre pressuring him. What theyre doing is, the clients are being asked by the u. S. Attorneys office to give information up. More information on who he is, on the trading question, the sales back in 2008 right after he had a conversation. Again, he is key to the investigation. A lot of press out there that he will not be indicted, that hes clear on criminal charges on that matter. He is. And they said this a million times. Unless he flips. And while were hearing now is that they are trying and were hearing this from Defense Attorneys, trying to put together a lastditch effort to do a superseding indictment which means it is an i on top of what they have already done. New information and maybe new charges to put the screws to him to get religion and a late hour. That is what we hear from Defense Attorneys. I cant tell you what will happen. What i know is happening is that the u. S. Attorneys office is has been interviewing people, talking to them of that information, meaning potential targets of people involved in the investigation to get information for a superseding indictment. Whether they come up with this or not, i dont know. What Defense Attorneys are telling me is there likely to come up with it, and come up with the scent. If this happens the operative time would be in the next couple of weeks before the statute of limitations. Liz it sounds like it is the prosecutor that is under the gun you know, here is the one thing liz the ticking clock. I can tell you this, when you write books about stuff, which i have come my way there will show a picture of it. There it goes. Liz as can use of shall receive. You write books and go over stuff that was already reported, the first cut of history is kind of a rough cut, from the press. When you check things out it becomes, you know, you find out other information. I dont know. I dont think anyone really knows what is in their mind. Think that there would like the best avenue would be for him to flip on this one thing. We should point out that steve cohen says he doesnt nothing wrong. He has been quoted saying he can sleep at night because he knows he is done nothing wrong. Liz he bought that just to give a big that a wet kiss. Liz that it and want to say that. A certain position finger. I would say, they were not happy about that. And this going to say, theres a lot of stuff, a lot of avenues that they could pursue. The New York Times wrote a pretty damn good story about that, but that this thing, you know, it may be difficult to get them, but theyre is a lot of other things that they could pursue. Pantages saying, theyre making they want one last ditch effort to convince and to possibly supersede an indictment. That has come to liz what does that matter to our viewers . The most successful investor over the next the last 20 years is being put out of business, if you are an investor that is a huge story. And pretty sure we have a couple of investors watching. Thats what this is. He is amassing a record that is about four times better than warren buffetts. Liz and consistent. And consistent. Liz was the prosecutors would say is unusual in the unlikely. Unless youre doing something illegal. That is part of my book. How they can to that conclusion. If you read my book still see that. I do it is a narrative about why they how looking at insider trading, but also liz i will buy your book because thats what friends do. You never want to ask a friend for a free book. By the book to help their amazon ranking. A showed you this, actually, i showed unicycling journey jerseys. This is the running singlet that we will all be wearing. Liz can you fit in that . Im going to hit you. Liz this weekend cheryl and i are competing in the new york city triathlon and were doing it to raise money for our returning monday heroes. If you help us and make a donation, heroes like this gentleman. Liz is that the first time he has been in a jam . U. S. Marine and purple heart recipient to lost both his legs above the knee and figures on both hands when he stepped on an improvised explosive device while leading his platoon in afghanistan. Others like him because he already got is customized gorgeous on, we make this customized mortgage free home so they can live a more comfortable life in focus on the future. Renovated home. He did not have to worry about where he lived. Now he is at nyu getting his m. B. A. From interning at barkleys. Please find it in your heart to donate. There are some many more like him that need special homes. You will see where we are doing the triathlon. We hope to raise money. A bunch of you guys have already donated. This is an amazing thing. I cannot see chris. Liz he ran 30 miles in one day. Hes in good shape. It. Liz you can make fun of me tomorrow. My shorts tomorrow, my bike shorts. Closing bell ringing in 25 minutes. You cannot close just yet on bonds and nobles, but it is that a critical turning point. A failure of its digital strategy, but still alive. The abrupt departure of the ceo late yesterday. Is it a game changer for the nations largest bookseller . Is it still a page turner of an investment . Stay tuned. Liz we are suddenly very close to session highs for the Dow Jones Industrials. The move to the upside. Rare now of 91 points. 15,316. About 73. We are watching to see what is going on. We should look at the nasdaq which right now is up 23 points at 3508. We are seeing bullish numbers across the board here. The russell 2000 at the moment is also and i, looking very healthy. S p up 13. Oracle jumped from listing on the nasdaq to the New York Stock Exchange. The first question after why was to will replace them. Nicole, you have the company that gets the nod. This is such big news. Tesla will be heading into the nasdaq 100. That index that we all follow so closely. The big news of oracle coming from the new yorks from the nasdaq to the New York Stock Exchange, obviously a huge win. Now for test love to be going into the nasdaq 100. At an alltime high. Money managers have to buy tesla because they have to mimic that index exactly, to a tee. So if they are in there, they have to buy it. It does not hurt that it has been a great company. Selling more than they anticipated and they get a nearperfect soil score from consumer reports. Liz im glad you explained why. Of course, Fund Managers have to buy it if the particular fund mimics it. The annual previous, we are now well above that. Not bad. Lets get to a totally different story, shares of barnes and noble attorney and pays a day after the Company Announced a management shakeup. The changes are some major that our next guest went from hitting the stock to loving it. The capitol adviser, ceo and chief equity strategist, hating it to loving it simply on the fact that the ousted the ceo and are not replacing him. I do like it. Over the next couple of months the next time we hear from barnes and noble will be the founder will make a bid for the company and he will get the Retail Assets which means bonds and noble is completely obliterated and does not exist anymore and will maximize the value. Liz why would you want to retail and not the digital . Is a little bit of value. Well, it has been bleeding money. It led almost 500 million. The retail, he created this. Hes going to want to be a caretaker and will this business to his grandchildren. Keep in mind, ten years down the line i dont think barnes and noble will exist. Liz that makes me sad. Just to go and sit and paste through books and magazines, but lets put it lets put that aside. What happened yesterday, now running the Digital Division and then mitchell running the retail group. Is this a precursor for the company to split . Does that and make it more attractive . Should people be buying a stock . What happened yesterday, he has the whole company reporting to him which is a bunch of conflict of interest. But he created little entities inside of the bigger bonds a noble and has set the stage to announce some form of bed. I think maybe 21, 22 a share. The stock would still be over the 52 year high. Makes sense to us but the company. Liz lets go to the neck, a sizable chunk of the market, but is not anywhere near. Of course i dont know how well thats doing, but where does the opportunity present itself considering microsoft, couldnt they just did it in the news that hardware to read branded as microsoft Something Else . Microsoft will get that division. They have invested some much money into the business. Originally invested, the value was almost 2 billion. It has been a horrific loser because theyre willing to eat losses to compete. And ultimately you have tablets and notes and three years. The market is saying we just want tablets. And they only want one viewing experience. Liz cannot make a point . 18. Youre saying 21. Are you buying it . We recommend it. I could see 21. Their i say it might allow on be worth 23, 24. Liz you like it. Deal on one . I own an ipad because i like the multimedia experience. Liz he still likes the stock. Thank you. Kendis see you. Dulles Capital Advisers ceo. Closing bell is about 17 minutes away. It is a faceoff. Jayz and Justin Timber like sharing a stage. When it comes to their album coming up we will break down the numbers of this billion dollar brawl. Its a brand new start. Your chance to rise and shine. With centurylink as your trusted technology partner, you can do just that. With our visionary cloud infrastructure, Global Broadband network and Custom Communications solutions, your business is more reliable secure agile. And with responsive, dedicated support, we help you shine every day of the week. Liz the wait is finally over. The official release of the highly anticipated album from jayz magna carta the holy grail. For Samsung Galaxy smart own smart phone owners, this is old news. They get a sneak peak several days ago. The battle for the cool factor while the south korean giant has the largest smart phone market share globally. Apple does continue to lead in the west. Back in the spring Justin Timberlake made his album debut. The experience available for free. Streaming ahead. The same thing that jayz was doing. There was no blow back. Theyre actually friends had. Features on each others alum. Theyre taking a road trip together in their legends of the summer tour. Its only apple and samsung. Ill think so. And the guys are not the only music moguls getting in on the corporate action. A sneak peek of the new fall line in a fox business exclusive in the next hour. They sold millions of lipsticks in three hours with no marketing budget, just to facebook. Thats it. Wait until you hear how did this. If other companies could do that, im sure that there would. Alone ranger, 125 million budget. Turning to the global economy, the International Monetary fund has cut its growth forecast for the year globally. They cut it because of emerging markets and how much they have slowed down. Gm still has places all around the world reid thinks he can still make money using u. S. Names. The managing director. And first, lets go by countries because yesterday at this very time, David Winters was sitting in this chair and said he like brazil and canada, not necessarily all emerging, but you like different countries. The place to invest in emerging markets is different Going Forward and what it used to be. I would not really agree with either of those, but this old model does not working or because it was export driven. China slowing down. There simply is not demand for the brazilian exports that there used to be, and frankly they have a problem in terms of Economic Growth down to zero and high inflation and the currency is not doing well. Liz stay away from brazil. I would stay away. Im not negative on canada, would they will have a problem in terms of exports also as the global emerging world slows down. Exports to the u. S. Will do well. Russia has decelerated tremendously. China has. India has. What i say, i still like india. They have some work to do, but in the actually has a better demographic profile than china over the long run in terms of growth. You want to get to more of the Frontier Markets which are worthy emerging markets where several years ago. Markets like singapore, thailand , the philippines, korea japan, china, aged, those are the highest secular growth markets. Liz were showing the index, but you could buy an etf or u. S. Names that do business in these countries. Is one strategy better than another . You can do both depending upon your domestic profile. If you want a somewhat diluted play you by the u. S. Multinationals. Theyre fine companies. If you are a pension plan, large institutional investor, youre more likely to have some direct investment. Liz we would be remiss if we did not pitch your investment mind. Youre talking about a different approach and that is the barbell approach. What is on one side and what is on the other . The u. S. Economy is doing well. Stocks are fairly valued, not overvalued, and there are not a lot of investment alternatives. On the other hand it has been a low quality rally, the lowest quality stocks have done the best. The riskier that the credit markets away from the fed with the 10year treasury going empire then there would like. What i am saying is you want to invest in one group of stocks that benefit. Those would be domestic companies, of those, housing, financials. Liz to financials you really like, lets get to those biggest people love to hear the names. Bank of america has tremendous leverage, margent leverage. It. Liz this is the barbell approach. On one side ge n. Johnson and johnson and bank of america they benefit tremendously from a rise in interest rates. As they go up banks can basically charge more faster than they have to raise what they pay depositors. The spread goes up on the margins go up. And plus, bank of america has tremendous leverage at a corporate level as brian continues to it shrink it down. They not only get leverage at the banks, but they give leverage in terms of the retail. Basically a retail brokerage firm. They can raise the prices for debit balances without raising the prices they pay for customers on a credit balance. And the margins go up tremendously which is why you buy those. To protect from any sort of a dislocation in the credit market in the Financial Market you want to harm some of the stall words like johnson and johnson that have a dividend, global exposure in a very highquality. Liz these names tend to sell to the emerging markets or the Frontier Markets. Great to see you. Our good friend here. The closing bell ringing in about five minutes and change. We are off of eyes of the session and we will see how we end this one. You cant miss it. My mantra . Trust your instincts to make the call. To treat my low testosterone, my doctor and i went with axiron, the only underarm low t treatment. Axiron can restore t levels to normal in about 2 weeks in most men. Axiron is not for use in women or anyone younger than 18 or men with prostateor br. Women, especially those who are or who may become pregnant and children should avoid contact where axiron is applied as unexpected signs of puberty in children or chaes in body hair or increased acne in women may occur. Report these symptoms to your doctor. Tell your doctor about all medical conditions and medications. Serious side effects could include increased risk of prostate cancer; worsening prostate symptoms; decreased sperm count; ankle, feet or body swelling; enlarged or painful breasts; problems breathing while sleeping; and blood clots in the legs. Common side effects include skin redness or irritation where alied, increased d blood cell count, headache, diarrhea, vomiting, and increase in psa. Ask your doctor about the only underarm low t treatment, axiron. [ indistinct shouting ] [ male announcer ] time and sales data. Splitsecond stats. [ indistinct shouting ] its so close to the options floor. [ indistinct shouting, bell dinging ]. Youll bust your brain box. All onhinkorswim from td ameritrade. Liz watch out for the nasdaq and this number, 3502. Free land there, boy, that is an important number as it pertains to the nasdaq and allen has done the best and more than a decade, not a bad session. Let me get to ashley who is in for david asman. Ashley it is interesting. As we keep talking about how he did he is ben, but of 5 percent correction over the last month or two, and now we are on another. The question is, is it sustainable. Liz and we dont hate it, nicole. We have been talking about it. Ibm is not necessarily one of the shining lights lately. The worst performer. Liz 27 because their work cut off. One of the reasons, the higher margins, revenue areas, streams. Those are cutting back. So where they were. Ashley no respect. You know what, Home Builders building big big gains as well. Reporter the builders. There was a compilation of labor statistics of the past month from the Conference Board that came out today showing that things were slightly better. The reactor from headline to headline. Liz blackberry moving to the upside on the heels of a Shareholder Meeting. Calling in a transition and waiting. Reporter well, an unbelievable story. Beside tank when we learned that the shipments, only 40 percent of the shipments. The ceo talked about the fact that there will have new devices on the blackberry. Also some partnerships and alliances. What does that mean . Liz if we do we will get it to our viewers. Here we go. 3505. The previous ending high. Fifteen years. 3,505. The number to beat. ese numbers are still coming. With an 3502. Ashley on the edge. Liz looking pretty good. But as far as the rest of the market, the Dow Jones Industrials seen a gain. We add the russell 2010 and other high, up nearly 1 to. Ashley lets take a look at your front page headlines. Taking over the london interbank of the otherwise known as libor run by the british bankers association. It was hit by a global rigging scandal. Liz tesla gets the nod to replace oracle and the nasdaq