Innpart to slightly higher Mortgage Rates and low home inventory. The average rate on a 30year mortgage rose in the week ending december 19th according to freddie mac and adding to those concerns on the economy, the number of americans seeking firsttime Unemployment Benefits this number comes out every thursday unexpectedly rose 10,000 to 379,000 last week. That is the highest number since march. Were told the increase was likely due to volatility around the thanksgiving holidays. Theres always something with these numbers. In the white hot social networking stock world, facebook took a bit of a hit today after announcing plans for a Public Offering of 70 million class a shares. More than half of those shares offered by founder and Ceo Mark Zuckerberg to meet Tax Obligations. So its not necessarily that hes getting out of the stock because he doesnt see it looking better in the future, he needs to pay a Tax Obligation here. The stock is coming down just slightly at the moment. But the day doesnt tell the real story here. Year to date facebook shares are up nearly 100 . The number at the moment, 55. 09 per share. While facebook took a little bit of a beating in the afternoon trading, a slew of other tech giants rallying. Nicole petallides on the familiar floor of the new york stock exchange. Lets talk about the movers and shakers. Reporter easy to find winners when you talk about technology, social media, names were so familiar with including linkedin, pandora, groupon and oracle all with up arrows this afternoon going into the closing bell after a day on wall street of records yesterday. But lets see what were talking about. Oracle came out with quarterly results, exceeded expectations. Outlook for earnings was in line. Oracle hit a new high today, so great move there. Groupon also jumping, groupon today up almost 3 percent, and this is as they are now having a few new offerings including gird cards gift cards, last minute deals, groupon envelope but smoosh it together, not easy to say, and some of the media stocks as i noted, angies list, pandora all looking great. Were talking serious moves too. Pandora, for example, up 5. 7 , thats nearly a 6 move on pandora, and thats really been the theme this afternoon. Back to you. Liz okay, well take that theme. And now youve got 20 mention facebook now down just about 47 cents. Not really taking a hit, that would be an overstatement. So we just, listen, we like to look at all of these things. Earlier today a bit more dramatic, but you see that Mark Zuckerberg isnt exactly selling out of that stock. Thats an important point to be made. Reporter it really is. And he still holds a huge, huge portion of facebook. I think it went from 65 to 63 . He is in no way backing out of facebook. Liz not at all. Good to see you. Thank you, nicole. Taper euphoria, we had it yesterday. Receding just slightly, stocks look like theyre in a holding pat everybody right now although the dow is ticking higher at the moment. Lets get to the floor show, see whats on traders mind for next week. Jon corpina, you could say that volume would be low, but its slightly on the heavy side today. Why do you think that is . The markets are holding here, iithink thats a great point to point out here because what weve seen overall is this the last few trading sessions, the market hasnt moved the next day. And we have seen more volume in todays activity. Its just carryover from yesterday. The markets didnt know how to react to the fed news yesterday, investors didnt know how to react, and once the momentum started going, the market couldnt stop and didnt stop. We saw the markets close on the highs. So today the markets stabilizing, very, very healthy for a market even though the Economic Data out of washington was somewhat to the negative side, didnt really give us a good outlook, the market still is holding on here. Coming into tomorrow its the last trading session beforeeour, you know, before the weekend, and then weve got, you know, a holiday week coming up then. We do have some rebalances coming in tomorrow. We are going to see high volume, high volatility tomorrow, and theres not that many trading sessions, so i think investors are trying to get some positions shored up before the holidays. Liz theres his prediction, you heard it here first. Charlie, looking at the cme, we did get some data points today, p didnt seem to shake the markets too badly in either direction, but the fed has talked about how Interest Rates will remain low. Besides ray boar numbers, are you really looking at would it be anything that would give us a sense of how, for example, industrials are doing like the big ticket items and durable goods numbers. Well, you know, i think youre going to go back to kind of the Housing Market is probably the the bigger thing, liz, than durables. Liz okay. You did see housing slow down, this has been a great year for the Housing Market, so i wouldnt be too concerned about the pullback that we did see here today. I hi it is a function of higher Interest Rates but also a function of banks willingness p to lend. I went through the whole process of refinancing a couple months ago, and ill tell you, ive never had anything like this and so much checking and double checking [laughter] liz youre a criminal. I mean, well, come on, five, six years ago theyd come to your house, youd sign the piece of paper, and theyd try and cram more money down your throat. Now theres so much paperwork and so many eyes on it right now and, again, you have seen rates tick up. Youve also seen the last case shiller we were up, like, 12. 8 which is a rather robust number for housing. Liz right, i know. So, you know, again, looking forward i guess Interest Rates the most interesting thing i do see today is the spread between the long and the shortterm rates be you look at notes what the tenyears are doing, you are starting to see those shortterm rates tick up. Liz up three basis points. Good to see you. Unchanged for the 30year, i agree, i was refinancing, jeff grossman, after so many questions i said, okay, i get it. The bodys in the cask of the mack idea doe. Yes, things have changed [laughter] i felt so guilty. Lets talk about oil, im looking at a print, you have said were not going to see 100 a barrel. What do you see now . Well, again, were not there yet, okay . And again, you have to really look. The february contract is the one that really is more key, and that did get up to 99. 5 or so, 99. 49 to be exact. Again, whats really driving this market really are the products, but its very important here is the heating oil and the gasoline which really as a result after the news came out yesterday really, they dipped initially and then have roared since. Theyre now about 7 or 8 cents off of those lows that they made initially after that report. So theyre really driving this market here. Whether they have any more legs is going to be doubtful here. In fact, this afternoon today looked like a very good sale, but the momentum carried them a little further on. Tomorrows going to be key to see how we settle up for the week. Liz indeed. But again, remember, youve got a market that definitely has upward momentum here. Again, well see if it has the kind of legs thatll need to be supportedd and guess what . The stock market may be our real factor to decide whether this thing can go any further. Liz we will watch all of this. Corpina says watch out for volatility tomorrow, youre saying be careful of what we settle for the week, i agree with you. And were criminals, rushing to refinance returning to refinance. [laughter] thank you so much for joining us. We need to look at target stock, no laughing matter, its getting hit by about 2 today after a huge hack attack. If you were out shopping during thanksgiving week and stopped by a target store this is not online you might want to check your credit card and bank statements. Rich edson has the details from washington, 40 million numbers. Are they starting to see any theft are this . Reporter possibly. All credit and debit card information from targets u. S. Stores for most of the Holiday Shopping season could have hit all of its 1700plus stores between november 27th and december 15th affecting about 40 million credit and debit cards including names, account numbers and expiration date. The retailer says there is no breach of Online Customers information. Customers are being urged to check their statements, and as long as customers monitor their statements and report any fraudulent charges, they should be okay. This is kind of invisible to the consumer. If your credit card is stolen, what happens you call up your bank, any fraudulent charges are waived at that point. So its inconvenient at the very least, but at the end of the day, for us as consumers its just another headache to deal with. Reporter in response to all this, liz, target says targets First Priority is preserving the trust of our guests, and we have moved swift hi to address this issue so guests can shop with confidence. We regret any inconvenience this may cause can. Tech experts suspect a Company Employee could have accidentally downloaded Malicious Software that spread through the system, sending the criminals all credit and debit card information. The secret service and target will only say the investigation continues. If you shop there, check your statement. Liz . Liz rich, absolutely. Always good advice. Always. I just heard Melissa Francis over on the Fox News Channel saying the same thing to Gretchen Carlsons viewers, so its very, very good advice for every viewer. Rich edson in washington d. C. Weve got the closing bell ringing in 50 minutes. The taper is about to begin. Januarys the date, but should investors be worried about well, im not going to tell you what kind of risk, but it involves the Housing Market. And if you had 140 billion of other peoples money that you had to manage, what would you do with it . Would you put swiet the Housing Market, or would you be worried . Pimcos mark, hes morning starrs fixed income manager of the year back in 2012. This guy nailed the Housing Market implosion. He knows exactly what you should be doing with your money when it comes to housing, and hes not scared. Youve got to hear specifically where he likes to put money into housing. And when it comes to fainting goats, right . They just stop and they faint, you might be reminded of some high profile defendants in White Collar Crime cases. Just happened yesterday, sacs Michael Steinberg faintedded in court, another sac employee, matthew martomo, also fainted when the feds showed up at his door. What is going on . Should steve cohen be feeling woozy as well . The fainting goats at sac. Hi honey, did you get e toaster cozy . Yep. Got all the cozies. [ grandma ] with n fedex one rate, i could ll a box and ship it r one flat rate. So i kn untilt was full. Youd be crazy not to. Is tt nana . [ male announcer ] fedex one rate. 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And this park is the inside of your body. See the special psyllium fiber in metacil actuallyels. And that gelling helps to lower some cholesterol. Metamucil. 3 amazing benefits in 1 super fiber. Liz breaking news, in just the past couple of minutes the white house feels it is apparently compelled to strengthen sanctions against iran. Reporter the issue here is that 26 senators have just now signed on and introduced legislation in the senate to impose new sanctions on iran should the administrations negotiations to end Irans Nuclear program fail. And the white house is pushing back right now saying that the senate should not proactively take up this legislation or pass it as these negotiations continue. The legislation would further big business story in part because the sanctions proposed here by these senators would further constrain irans oil industry, its roll yum Industry Petroleum industry, and the significance of this is there are a number of democrats that are key allies of the president , including Robert Menendez and senator Chuck Schumer of new york, who have signed on and are respond sponsoring the legislation. These senators are now breaking with the president on this issue. The president is trying to put a lid on it so that this legislation does not upset these sensitive negotiations with iran. Liz, back to you. Liz peter, thank you very much. Market pulled back by about ten point points. I dont know if its anything related, but at the moment the dow up eight points, had been up 18. And if you are a bull, you were writing valentines to ben bear fan key yesterday after his announcement that not only would the Federal Reserve start to taper come january, but also he stressed that Interest Rates themselves would remain very low for a while. Listen. The fomc also provided Additional Guidance on future shortterm Interest Rates stating that it expects to maintain the federal funds target in its current nearzero range well past the time that the Unemployment Rate falled beau 6. 5 . Liz what does that mean . You just saw we were showing you before the break what Mortgage Rates were doing. The average 30year mortgage rose to 4. 5 this week. You see the trend over the past year, this leading up to the feds policy announcement up more than a full be percentage point compared to last year. Still pimco, manager of the Worlds Largest bond fund, says housing will be a bright spot in the u. S. Recovery, and investors should jump on this opportunity right away. Joining me now is a man who has real legitimacy when he talks about these things, he manages the 140 billion in bond assets at pimco. Mark, first, because i didnt want get to talk to you yesterday, what was your reaction when you finally started to see that the taper will the fed will taper in januarysome. Well, you know, we werent that surprised because the economy has been improving, so a stronger economy allows the fed to taper, although our view is that low inflation and inflation core pce is only running at 1 , thats going to keep the fed on hold in terms of raising the policy rate probably for about two years. So netnet its actually quite positive. The economys improving, the fed can step back, and overall i think its pretty good for equities as well as the front end of the bond market. Liz well, we know for sure with equities at least in the short term because that santa claus rally trip wire was hit yesterday as soon as we saw what was happening. We thought to ourselves, okay, we can talk forever about whether itll last, but what happens to fixed income . Thats your bailiwick. Well, i think a lot of in this rate hikes is priced into the market, and the taper really didnt surprise the bond market. You look at the tenyear rate at 3 , a lot of that is priced in. The front end of the curve, basically, 2 fed funds rate is priced in by 2016, so the market is expecting the fed to do this. The thing weve got to remember, too, is this whole taper is a function of the economy, so the fed can dial up and dial down tapering based on how well the economy is performing in terms of lay wore market labor market and inflation. Liz either way, you really do like the Housing Market. Youre a believer. You dont feel this rally has been artificial, at least off the floor. Were still short of the height of the market back in 2006, but that was unrealistic anyway. What areas do you like . Because when you look at all of housing and that galaxy, are many subsector Solar Systems within it from materials, Building Materials, the Home Builders themselves, lumber, you could go appliances. Which route do you feel is important . We can cycle through some of the charts with some of the names here. Sure. I mean, the two big trends are that, basically, the demand for homes is about a million four, were only building a million, so we think new construction will grow 1015 . The other thing that has a lot of upside is remodel activity. Remodel activity was suppressed, and now with home equity rising, home equity has risen 3. 5 trillion in the past two years. People are going to feel more comfortable about remodeling their homes. So specifically, we like Home Builders on the new construction theme x we like Building Materials companies on the remodel as well as appliances. Liz it is wonderful to see you. Of i hope you have a great year, mark, thank you. Theres only a week left, to some back next year, okay . Well see you soon. Pimco managing director and Portfolio Manager. Hes done extraordinarily well over the years there, more than a decade at pimco. We have some breaking news here. Just a moment ago you may have seen us flash the headline, lower third, the sec has charged a senior Portfolio Manager at microsoft, also charging his friend and Business Partner with Insider Trading. Were going to have much more in just a moment. The stock is down about 45 cents at the moment, but were looking at this story as it develops. Somebody over at microsoft, a Portfolio Manager and a friend, have been charged with Insider Trading. A courtroom win for prosecutors could give sac capital, the embattled allege fund manager, steve cohen, a huge headache. Charlie gasparino has been out front with his reporting on this story from the very beginning. He has the details coming up next. And love em or hate em, 3d printers like these have captured the imaginations of both the innestor and the consumer. Of talking to 3d systems president avi reckon call the. Whats happening in 2014 . Its a fox business exclusive. [ male announcer ] heres a question for you where does the United States get most of its energy . Is it africa . The middle east . Canada . Or the u. S. . The answer is. The u. S. Most of Americas Energy comes from right here at home. Take the energy quiz. Energy lives here. [ male announcer ] how could a luminous protein in jellyfish, impact Life Expectancy in the u. S. , real estate in hong kong, and the optics industry in germany . At t. Rowe price,e, we understand the connections of a mplex, global economy. Its just one reason over 70 of our mutuafunds beat their 10year lipper average. T. Rowe price. Inve with confidence. Request a prospectus or mmary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing liz we want to get you more on this breaking news. The sec charging a senior Portfolio Manager at microsoft and his friend and Business Partner with Insider Trading. We have the name, brian jorgenson, he lives in linwood, washington, obtaining confidential information about Upcoming Company news through microsofts Corporate Finance and investments decision. A friend, nicole, has been charged here, stock down about 49 cents. Reporter whats interesting about this stock as i was looking at the intraday chart, it had been trending lower throughout the day, started to pick up in volume just before 3 p. M. And continues to dwindle lower but, again, not a huge move, down 1. 3 for these two seattlearea men who were charged in the u. S. District court there. And, you know, the u. S. Attorney talks about for every stock market winner there are these cheaters who use confidential inside information, so you have both of these guys thousand being charged with Insider Trading in advance of company news. And this is something that were going to have to continue to follow. But in the meantime, this is the kind of stuff on wall street that regular investors dont want to hear, it ruins confidence, and these are the ones and, of course, its being charged. We have to find out more about this as they delve into some of the details, but being accused of plotting, not a good one for this one. Back to you. Liz looking at the chart, down just about one and a third percent. After a dramatic guilty verdict in court yesterday for sac capitals Michael Steinberg, do the feds hope that they can then turn him against the head guy over at sac, steve cohen . Charlie gasparino head that potential connection weeks ago. Hes here now. But we have updated on that. But i just want to make a point about some of these companies that are kind of tangentially involved in these, in stocks, in Insider Trading. Remember, herbalife was one of the, herbalifes auditors was involved in insiderrer trading on herbalifes shares,. Liz 100 . It has almost no impact on the company itself unless the company is somehow come licit at a senior level. And usually its a junior guy with access to a press release. So i would not draw, if youre an investor out there, do not draw any conclusions or dont make any plays on microsoft based on this. It has zero relation. Liz Warren Buffett always says ive got 300,000 employees, at any given time somebodys doing something wrong. Right. And most people understand that. Its not a material event liz lets get to sac capital. I dont want people trading off that because thats an ab sunday thing. We do know from senior government sources, people that are working on this case, and, you know, youve read a lot of stuff in the wall street journal and elsewhere that, you know, the criminal case facing steve cohen on Insider Trading was over, they were going to just put the company out of business, he may be able to restart his fund, that all may be i will tell you this, the criminal case is not over. Dont believe what you read in any of these newspapers. Its not over, they are still eyeing him liz are they emboldened . They are emboldened by this. This is onehalf of the scenario they want to work out. Their perfect scenario was this, steve Michael Steinberg getsr the sentencing guidelines theoretically he could go to jail for 87 years. es hot going to spend 87 years, hes probably going to spend five years. Thats still a long time for guys with young kids. But him, he facing a long jail term, and matthew martomo, the other sac Financial Adviser whos on trial in february, which is a much more tighter case this case against steinberg, by the way, those guys and gals deliberated for, like, five hours on a very circumstantial case, and they convicted him on all counts. I will tell you, marks is a lot tighter. The evidence is much better. This was a he said she said thing with a lousy witness, the former analyst who was a witness against him, pretty shaky on the stand. They still threw the book at him. The other half of the equation is martomo, the worked out perfectly for the u. S. Attorneys office for the southern district. They now are banking on either martoma and steinberg to now flip, and they think with steinberg facing a lot of years in jail, significant time in jail liz they both have kids, and they both fainted. They both well, he fainted in court. Liz Michael Steinberg fainted in court yesterday as the verdict martoma fainted when the fbi approached him. Liz whats with the fainting . These guys are like fainting goats. Ive never had liz have you ever fainted . Is. No. Liz neither have i, and ive been pregnant twice. Its funny, its like when you go under anesthesia, you see flickers and stuff, but i didnt. Listen, why do people freak out when the feds come calling . I mean liz thats scary. You have talked about that. The fbi liz they dont make it easy or comfortable. They come in, and they scare the hell to out of you. Liz they just faint like the fainting goats. [laughter] i would like to say if anybodys offended by this, it was my idea they still why are the goats fainting . Liz they get scared when they hear the sound and they all just drop. Is this an mule cruelty . Liz no, this is part of their genetic makeup. But two have fainted . He tainted in court. I guess it was the prospect of long jail. The bigger story is that the feds have believed that they have a perfect scenario. They really still want steve cohen. Steve cohen, we should point out, believes hes innocent. We have calls out to steve cohen, barry burke whos steinbergs lawyer, mr. Mortomas lawyer, hear their side of the story any time. They all say theyre innocent. Steinbergs been convicted, hes facing a lot of years in jail on a very circumstantial trail. Martoma is a much easier case, and he faces a lot more potential years in jail. This is what the feds want, both of these guys staring at jail cooperating on still a potential case against steve cohen. The investigation, despite what the wall street journal said, is not over. Liz charlie, thank you very much. Charlie gasparino. Closing bell ringing in 27 minutes. The dow is clinging to gains of just about two points. Guitars and bikes, even guns. They could all be made on a 3d printer. But whats next . Homes . Rockets . A fox business exclusive, spinning it forward to 2014, the ceo and president of 3d printing pioneer 3d systems only here on fox business. And the markets may close at 4 p. M. Eastern, but i am always on call for you. Head to foxbusiness. Com oncall, sign up for claman on call. Youre always working. Liz like you. Email me at two in the morning, ill give you the top headlines, the biggest interviews. Its the most important 90 seconds of Financial News after the markets close delivered right to your smartphone. Stay tuned, were coming right back. Lifes an adventure wh yo. But your erectile dysfunction it could be a question of blood flow. Cialis tadalafil for daily use helps you be rdy anytimethe mo. You can be more confident in your ability to be ready. Helpand the same cialis ise mo. The only dly ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. 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Well, now shoes are being printed out on one of the hottest trends in Technology Investing right now, 3d printing. Those printers seem to be popping up everywhere. Everything from Food Products to fashion, yeah, the shoes, but we saw them at victorias secret fashion show. Those wings were printed out by 3d printers. Leading the way, 3d systems. The company has made three new acquisitions, only just simply in the month of december. They are on a tear, but so is the stock, up more than 130 percent so far this year. Er the not lone, the five publiclytraded Printing Companies have all done extraordinarily well. Lets bring in Avi Reichental in a fox be business exclusive, hes 3d systems ceo and president. Avi, great to have you back. We wanted to have you to talk about spinning it forward to next year and where you think 3d printing is going to go in 2014 and what we might see from that. Its good to be back, liz, and i think that 2014 is the beginning of what i call 3d printing 2. 0 which means we go from monochrome to full color, from monomaterials to functional multimaterials. We move faster, firmly onto the manufacturing floor with fully functional metal and plastic printers, and we accelerate consumerism by not only asking will we have a 3d printer in the every home, but what room in your house will your 3d printer reside. Liz you just said 3d printer in every home, that was a question of mine. As we look at some of the pictures of fashion and, look, theres even a car thats been 3d printed, i dont know how long that took because it goes slice by slice, but that really becomes the big question, does it not, on whether you can get this into consumers homes. Would we have have a 3d printer in every home at some point, and if so, when . Liz, i firmly believe that the questions we should be asking is what room in your house will your 3d printer be. Is it going to be this in your kitchen because you want to print delectable edibles and personal nutrition, is it going to be in your man cave . Is it going to be in your wardrobe as you correctly just mentioned victorias secret, is it going to be in your garage . Is it going to be in your den because its part of your childrens education and this is how you want to give them tomorrows skills today . I firmly believe that the democratization of axis this the mainstreaming and making 3d printing part of lifestyle and part of Popular Culture is a train that has already left the station, and the fact that we have lots of exponential technologies that are going to enable it like incident computer powering the cloud and mobile devices and sensors only serves to validate that its going to happen in the next few years. Liz avi, you are one of the lead trains here along with competitors like x1, r cam which is out of switzerland, but then here come the chasers. Theyre trying to catch you, and theyre the big guys, 3m, hue let hewlettpackard. Are you concerned . Make your case. What can you do better than they do with 3d printing if they start to enter this space . Well, liz, obviously, we have lots of respect for all these 800pound gorillas that you mentioned and, you know, our remedy here is to extend our first mover advantage and to cement our technological and market lace position s. As you know, just yesterday we acquired a portion of xerox wilsonville engineering and material science and their labs and access to their patents and extended our collaboration with xerox because we believe that by staking our claim on multijet printing technologies with Innovative Companies like xerox, by acquiring technology assets, by having liz well, theres no doubt, theres no doubt, avi, that a you guys have been on that tear, but as exciting and as much as the industry and you have grown, the stocks start to look frothy to some people. Ive heard more than one analyst says it looks a little bit like a bubble. Youre getting tagged with that moniker along with the other guys in the space. I mean, i look youre up 135 , your pe ratio forward is 65, youre trailing 181, 19 of your float is shorted. People get a little nervous at that point. How do you convince them this is for real and this is for the long term . Well, we have to remember, liz, that most of our Business Today comes from real industrial manufacturing. It comes to aerospace, it comes from automotive, patientspecific medical devices. That accounts for over 95 of our revenue. And with Companies Like ge and nike and gm investing billions of dollars in creating the flexible factories of the future, we believe that with our seven print engines were best positioned to avail ourself toes of the industrialization ourselves of the industrialization of 3d printing. Add to that the upside the consumer, and i was saying this is a real business real longterm process prospects. Liz youve been here before, we love it, we want to see what else youre doing. But i think your point is fascinating about whereeprinters will be, the kitchen, the man cave, who knows . Good to see you, avi. Happy new year. Good to see you too, liz. Happy new year. Liz stock up more than 135 over the past year. Weve got that closing bell, its going to ring in 15 minutes. How do you outrun the bulls if theyre already trucking pretty fast . Listen to our next guest, hes outrunning the s p 500. How has he done it . A much longer shot than some of these other people. What stocks is he picking next . The hell tell you. And whats in a name . The tesla brand may have hit a roadblock in china. They cant get their name. Well tell you about it next. [ female announcer ] theres one thing daves always wanted to do when he retires keep working, but for himself. 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Tdd 18003452550 we have intuitive platforms tdd 18003452550 to help you discover whats trending. Tdd 18003452550 and seasoned market experts to help sharpen yr instincts. Tdd 18003452550 so you can take charge tdd 18003452550 andof your trading. Xperts to help sharpen yr instincts. Liz quick mention here, Dow Jones Industrials just turning neck, negative, we were up 18 points earlier, not happening right now, down about one point. You saw some 3d printers, how well they have performed over the past year. Of well, another unbelievable trade have been the financials this year, but now investors are looking for the next big thing with a fund thats beating the s p 500 by nearly 10 year to date. Our next guest says the key to strong markets and strong portfolios are healthy banks. So what does that mean for your portfolio . Joining me now, david ellison, hes hennessey funds senior vp and Portfolio Manager. Youve got more than 4 billion under management. David, you made a lot of money this year doing extraordinarily well, im talking for your clients and for fund participants, by investing in large cap financials. Does that particular trade repeat in 2014 . Oh, its, you know, im not sure if i predicted this year would be this good, but i think that, you know, again, these Companies Continue to get better. They have a lot of things that they can do to get better whether it be rework the assets, rework the liabilities, rework the head count, rework the branches, theyve got, you know, regulatory stuff theyve got to get over, so theres so much that they can do, and the question now is just sort of have to take the group hug approach, own all of them and see how it works out. I think next year, again, its going to be much of the same we saw this year. Liz we flashed up the number, youve returned 40 president in your large cap financial funds. The s p up 28 . Thats just fantastic. Youve done very nicely. Does the same trade work in 2014, and when i say the same trade, i mean the same names. Some of the names youve had widely held, jp hover began, discover. Theres a bunch of other names here, and well ttlk about the ones you the is still look, but broadly, will you repeat the exact same names here . Well, i dont have any reason right now to change the portfolio, and i think that, again, one cant predict how much theyre going to go up or down in one yyar. They do go down at times, and we saw that four or five years ago. But i think the winds at their back. They have a fed that wants to accommodate, i think rising rates are good for them, not bad for them, and youre going to hear more about that as hay start reporting earnings. I just had a meeting with a company that said the rising rates are going to dramatically expand their marginn because of all the liquidity they have on their Balance Sheets. Its going to help their spreads. Credits going to get better. Will. Liz right. Then they have all the things they can do on the expense and the revenue sides to improve earnings. Liz that can wiggle it. I think its going to be reasonably good for the next three years. Liz your three picks are citigroup, aig and sun trust. We talk often on this show about citigroup and aig, but what is it that you like about this particular bank . Well, sun trust is really a representative example of a Traditional Commercial Bank that is, you know, 99 u. S. Lending, 99 funded, lets say 70 of those funds are deposits. And so youve got a Traditional Bank that is now going to benefit from really the expanding economy. So youre going to see better loans, youre going to see better loan quality, youre going to see more commercial fee income, etc. , and theyre going to be able to start to utilize the Balance Sheet which has been sitting there and not growing for many years. So the issue really is sort of taking this Kinetic Energy and potential energy and turn it into Kinetic Energy, and thats the next two or three years were going to see that. Liz good to see you, and well see you next year. Its only a week and a half away, david, thank you so much. Thank you. Liz david ellison. Im sure that many of you are familiar with that classic 1970s pop song a horse with no name by that band, america. How about an automaker with no name . Were talking about tesla and the efforts that ceo elon musk has made to break into the chinese auto market. He has run into what could be a significant and a little bit bizarre roadblock. A trademark dispute over the name tesla which means he cant use tesla as the domain name for the companys new web site in china. It turns out that a very smart chinese businessman has already registered the name tesla and has no intention of selling the rights to use it. So for now, hes ca is using another web address based on the chi news pronunciation of tesla, stock has done absolutely incredibly over the past year. Were only showing the intraday which is down about four and threequarters, no surprise you see a pullback here, but trying to break into china without a name, at least at the moment. Closing bell ringing in six moms. Earlier this hour we bicycle the news that microsoft is charging a senior Portfolio Manager inside the company with Insider Trading. Were talking to a former federal prosecutor, doug burns, about this in the next hour. Dont go away. And the markets, thereat at the moment. Muck. Flat at the moment. Hi honey, did you get e toaster cozy . Yep. Got all the cozies. [ grandma ] with fedex one rate, i could ll a box and ship it r one flat rate. So i kn untilt was full. Youd be crazy not to. Is tt nana . [ male announcer ] fedex one rate. Simple, flat rate shipping with the reliability of fedex. Well, did you know that just one sheet of bounce outdoor fresh gives you mo freshness than two sheets of the leading National Store brand . Who knew . So, how do youet your unce . With more freshness in a single sheet. Who found a magic seashell. It told him what was happening on the tradg floor in real time. The shell brought him great fame. But then, one day, he noticed that everybody could have a magic seashell. [ indistinct talking ] [ male announcer ] right there in their Trading Platform. [ indistinct talking continues ] [ male announcer ] so the magic ell went back to being a. Shell. Get live squawks right in your Trading Platform with think or swim from td ameritrade. Liz just a teeny gain for the Dow Jones Industrials. Look at leaders on the dow. Insider trading case against a microsoft employee. Who knows whether that has to do with the stock coming down. Johnson johnson caterpillar, markets lower. Lets get to david asman as we prepare for after the bell. David juicy news what is happening with microsoft. This Insider Trading case is just perfect grist for the mill. We have Charlie Gasparino and the former head of the sec to join us this hour to talk about that and the sac Insider Trading case. First go to Nicole Petallides at new york stock exchange. Go to gold. One of the biggest movers around today. Down almost, i think these are levels we havent seen in three years, right . Absolutely. Right now gold is about 1190 a troy ounce and it took gold stocks down along with it, names like goldcorp and Newmont Mining hit new lows and the rest of the group pulled back. Liz isnt it interesting during this hour, oracle came out with the news and it was earnings numbers. The stock faltered a little bit, today hitting a 52week high as numbers were digested and they were very wellswallowed. Revenue is being look good for oracle. We saw it hitting a new high of 3696. Tech did well today. I have a soft spot in my heart for pandora. Pandora did well. They have been beaten down but theyre chugging back, arent they . They really are. Pandora did well, linkedin, angies list, doing very well, groupon. Liz were awaiting news from nike. Earnings in a few moments, the second they hit the tape well get them to our viewers. Stock has had a stellar year up 50 . Intraday [closing bell ringing] athletic footwear has been great is the big question there is china. Hey, the bells are ringing. Theyre hanging on to the gains yesterday, not really building on them much at all. But not giving away hardly anything of what we had yesterday with that spectacular buildup in all of the indices. Today a very different situation. Look how much we gained yesterday when looking at some of the red on this board. You do see green up at top of the board. Barely so for the dow jones, eking out an ever so small increase but still it is an increase. All the others are down but again by very minor levels with the exception of nasdaq. When you talk about nasdaq, you cant for get about that huge gain in oracle by the way. So there are ups and there are downs even on a day like today. Liz time for your front page headlines. The numbers of americans filing new claims for Unemployment Benefits rose 10,000 last week to 379,000. That is the highest level in nearly nine months. David we did have some home