Transcripts For FBC Varney Company 20140203

February trading starts today. Stocks will open dead flat. Not good. The postsuper bowl presochi edition of Varney Company is about to begin. [ male announcer ] this m has an Accomplished Research and Analytical Group at his disposal. But even more pressive is how he puts it to work for his clients. Morning. Morning. Thanks for meeting so early. Oh, its not a big deal at all. Come on in. [ male announcer ] its how edward jones makes sense of investing. Good kick own a hop and harvin takes off and gets free. Percy harvin, inside the 30,s going to go, touchdown seattle. Stuart and he went all the way. And percy harvin returning the second half kickoff for a touchdown and thats the moment the game for many people ended. Is that when you stopped watching. The seahawks went on to win 438. It was at best, very best a lackluster game. The best thing out of the game were the comericas, some, just some hit the spot. The budweiser puppy love commercial arguably the most popular, got 34 million views on youtube before it aired last night. This one came in from microsoft, all about how technology is changing the way we live our lives. That fits right into the theme of Varney Company, tech is king. We like that one. And right now, were waiting to see the ratings for the big game, especially the number of viewers in the second half. Wed like to know when did you turn off the game . Probably a lot of you did it. And other is a telling number. 24. 9 million. Thats how many tweets were sent during the game. Way up from last year. And lets get to your money. Thats important this monday morning. The dow logged its worst month in five years, that was january. We start february trading today. Futures looking dead flat, actually. Dead flat. No bounceback. Its the first trading day of february. First, lets run this one for you. One of my favorite parts of the super bowl last night. This was good. It came before the kickoff, listen to this. The land of the free and the home of the brave [ male announcer ] this is karen and jeremiah. They dont know it yet, but theyre gonna fall in ve, get married, have a coue of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never ght about money. [ dog barks ] because right after they get married, theyll find some financial folks who will talk to them about preparing early for retirement and be able to focus on other things, like each other, which isnt rocket science. Its just common sense. From td ameritrade. Its just common sense. Theyre the days to take care of business. When possibilities become reality. With centurylink as your trusted partner, our visionary Cloud Infrastructure and Global Broadband network free you to focus on what matters. With Custom Communications solutions and responsive, dedicated support, we constantly evolve to meet your needs. Everday of the week. Centurylink® your link to whats next. Theres nothing like being your own boss and my customers are really liking your flat rate shipping. Fedex one rate. Really makes my life easier. Maybe a promotion is in orde good news. I got a new title. And a raise . Management couldnt make that happen. [ male announcer ] introducing fedex one rate. Simple, flat rate shipping with the reliability of fedex. Net get on my knees and pray we dont get fooled again yeah, we wont get fooled again, you hear that . Youre looking at south jersey, by the way, south of new york city. And were expecting more snow, were getting more snow. Less than 12 hours after pretty perfect weather for the super bowl. By the way, there are three snowstorms hitting the northeast this week and maybe thats a factor in the economy. Well see, but three this week. Come on in tres knippa from chicago. Obvious question, when did you turn your set off last night during the big game . Stuart, i must admit i made a bit of a mistake. Im a texas boy so what do you think i was doing during the super bowl . I was in the next room playing Texas Hold Em with buddies and eating barbecue. In my mind i said well, now what ill play cards for a while and jump over and catch the second half of the game. Oops. [laughter] oops. Stuart real fast, january, awful month, february, how is it going to go for stock investors . I still think were under the problem is the Market Action in my opinion, we keep trying to recover, but watch the nasdaq and watch the small caps sector. To get up or down youre going to get leadership from one of those places so youve got to look for days that the nasdaq is gaining on the s p. Today it isnt so ive got to be on the defensive a little bit. Stuart we hear you, look by the way, take a look at the big board, were down 8 points in the early going. Rotten month of january and starting off february with a small loss on the opening bell this morning. The phone wars, got to tell you about that heating up. Two things here, at t cutting the price of its family share plans. Tmobile often to buy you out of your contract if you want to sign up with them. Both stocks down on that news. Thats interesting. Big names you know, coming off new highs on friday. Nicole, lets go to you and start with netflix, where is it today . Lets check out netflix, 410. 90 the annual high is 412. 40. So up a quarter of 1 right now and of course, we continue to watch netflix, dont forget upgraded last week at morgan stanley. Theyve had all kinds of awards theyve been winning for original programming and beefing up everybody they provide to lovely subscribers. Stuart and im one of them. Okay, lets go to google. A big new high last week, where now . Well, and today, not a new high, down a quarter of a percent. 1177 for google, but hitting all time highs. U. S. Regulators have been looking at lenovo looking to take over ibms server business and motorola and thing its probably going to go through. Stuart thats interesting, lenovo is a Chinese Company and essentially want to take control of the hardware side of the computing business and doing a pretty good job of that right now. Thanks, nicole. The big board by the way, squinting here, down 7 points in early going monday morning. Keith fitzgerald is with us, all right, keith, youre out there on the west coast, i know you are. Youre three hours behind us. Theres no excuse youre in the pacific northwest, theres no excuse for you turning off your set before the end of the game last night, is there . Well, i dont know. You want to talk about the definition after route. I think this game is going to be next to it in the dictionary. Seven plays, 114 yards none in the first quarter. Thats the end of it for me. Stuart our producer is shocked. Theres stats coming out from the getgo. Keith, were impressed. Are you trying to bamboozle me because i know nothing about the game . Is that what youre trying to do . I know surprisingly little about the game, but numbers i deal with with the stock market and ive got to look at them that way. Stuart stay right there. Ive got to ask sandra smith here, you let cora bell your baby daughter. Eight months old. Stuart did she go through the end . She made it through, the star bangled banner was spectacular. She went to sleep. And they saud Peyton Manning before he started to sing and put the camera on him, he was sweating there. If i was picking horses before the race. He did not look good before that game started. Stuart do you think there was something wrong with him physically . He was sweating, he looked distressed and i would not have picked him to have a good game before it ever started. Stuart well, i can understand him being distressed after the first snap over his head, i recall. There was heated comments exchanged before the game ever began. I think that he was, you know, he did not look good going into the game. Stuart you didnt expect me to know about the first snap went over his head. I was impressed. Stuart lets get real, shall we . The dow is down 14 points this monday morning, keith, lets get back to you. Weve got big jobs numbers coming out the end of this week, were just coming off the worst month in five years. Our viewers are kind of worried. Theyre worried about they dont want to look at the 401 k s, theyve got anxiety here. Are you going to hold their hands and put their minds at rest or say, youre right to be worried . [laughter] well, youre never wrong to be worried because that means your concern and your needs are involved. Now im going to hold their hands. Earnings are not that bad. If we take a look at the notes, 79 of companies that reported earnings for Fourth Quarter have topped estimates so corporate momentum is still good. 59 of the companies in the european stocks, are posting, above profit increases. Were looking at 8 to 10 . I think if anything its a buying opportunity and comes down to yellen. Somebodys taken the punch bowl away. That proves the market is working properly. You have to have buying and selling to get price discovery. Stuart you havent mentioned the fact that china is slowing or germany may again bail out greece or that the turkeys currency is under pressure and emergency rule in thailand. You name it, one problem after another overseas. You havent mentioned that, does that not factor in your equation . They factor in, but weve had the best of times, the worst of times. These are speed bumps, granted that are terrible and feel bad and pro downs lots of angst. This is the time we want to sharpen your pencil and look for the companies and Good Companies and good products and earnings arent going out of style, theyre buying low sell high. Stuart thats hand holding. Thank you very much, keith. Good stuff. More on the snow really coming down in philadelphia right now. And already the weather is blamed for what are expected to be hohum jobs numbers coming up this friday morning. All right, sandra, obviously, youre going to get a lot of spin on this, but the more substantive question is, lets suppose we get a bad jobs report. Not many new jobs created. Is that good news for the stock market or bad news . Because and the reason youre asking that is because if its bad news and an ugly jobs report maybe the fed will slow the pace at which its tapering, the Bond Buying Program. There you have to play in if youre playing the stock market. That being said. Stuart i want your judgment, i want your judgment. If its a bad jobs number not creating many new jobs, does the dow go up or down . Down because i think the jobs i think the market is over the fed. I think they know that the fed is going to steadily be tapering this Bond Buying Program and even if they waiver just a bit from changing at 10,000, story, 10 billion a month, its not going to be theyre not going to be changing that substantially. That being said. If youre expecting a hohum report you may be surprised. Goldman is already saying 200,000 jobs. Merrill is saying 185,000 jobs and by the way, if it you look back at history. A lot of people said that the jobs numbers in december were so ugly because of the bad weather that historically speaking, the next month after you see such weak jobs growth. Those numbers go back on the payroll and you get a jump in the following month. It it could look good. The weather is the out. The weather, again, right . Facebook launching its news viewer app. Its called paper. It launches today. Look at the stock, its sitting thats another new high at 63. 36. We do a lot of of stories on facebook. Whats wrong with them . Theyre losing teens, we always hear the negatives about facebook. But you know, it really is a personalized global marketplace wrapping in amazon, ebay, all combined. We find it a very Interesting Company and the stock matches that. Were joined now by somebody who knows a great deal more about this than i do. His name is ted murphy. Welcome back to the program. How are you . And i was doing just fine. And i want to know about facebook, theres this split. You get a lot of negative publicity, theyre losing teenagers, theyre spying on you, taking your information, et cetera, et cetera, and yet, its a very important company. What do you make of facebook . Look, i like to think of facebook as the worlds Biggest Block Party and instagram, a frat party with cats. And snap chat, a kegger on the beach, daytona beach. Whats great about facebook is at this giant Global Block Party you have some people that are showing off pictures of their children, but other people are engaging in commercial, right . People are finding jobs. People are buying products. People are saying, look, i have this, would you like to buy it . You have my i have tickets to a game, do you want to buy them . And i think that thats one of the things thats often overlooked about facebook is just how much commerce is actually going through that platform. And with that skew towards the older demographic, those people have purchasing power. Stuart i think, look, as an investor, i would say that should have a social network like facebook or twitter in your portfolio over the very long term. Its like should have had amazon or ebay in your portfolio from way back or oracle or microsoft or apple from ten years ago. Its got to be, it should be a part of your portfolio. Would you sharply disagree with me or no. No, i absolutely agree with you, i believing that facebook is more than the app, facebook is a platforment when you look at their acquisition of instagram, this new product paper, theyre going to diversify and find new audiences, theyve got plenty of cash and plenty of room to grow. Stuart and we thank you for setting the record straight over to nicole, crossing ford, down 7 , we showed you the stock a moment ago, nicole, bring me uptodate. 14. Its down 1. 2 , it was at 14. 78 a moment ago, still a winner over the last 52 weeks. The month of january, sales overall, ford sales fell 8. 4 . They had a bright spot. Lincoln sales rose 42. 5 . Everybody loves lincoln suddenly. And that seems to really be the bright spot. Stuart but you cant overshadow an overall 7 drop im afraid. I tried it to give you a good one. Stuart you tried laugher laugh check the big board, where are we . I think its dead flat. Yes, were dead flat. Down 5 points below 15,700 on the dow this monday morning after the worst month in five years. The super bowl, im calling it a dud. I got that. But what wasnt a dud was this ad from budweiser, the puppy love ad. We have the man who produced it after the break. Are we still on for tomorrow . Torrow. Tomorrow is full of promise. We can come back tomorrrow. And we promise to keep it that way. Csx. How tomorrow moves. What a day. Cant wait til tomorrow. She loves to shop online with her debit card. And so does bill, an identity thief who stole marys identity, took over her bank accounts, and stole her hardearned money. Unfortunately, millions of americans just like you learn all it may take to wreak havoc on your life. This is Identity Theft. And no one helps stop it better than lifelock. Lifelock offers the most comprehensive Identity Theft protection available. If mary had felocks bank account alerts, she may have been notified before it was o late. 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Order now and get this document shredder to keep sensitive docunts out of the wrong hands. A 29 value free. Dont wait until you become the next victim. Oh, first day of trading after the rotten month of january, we are he down a little bit. Not much, but down, 5672 is where we are. And gold 1250 per ounce as of right now. The game, come on, it was a bust. Some of the ads were flatout terrific. Puppy love from budweiser. Heros welcome from budweiser and crushed the competition on the field almost as much as the seahawks crushed the broncos on the field. Listen to this, mike burns, the creative director the man behind these two ads. Now, this guy is a genius and sitting next to me right now. Mike, theyre terrific. Youre the only person who has called me a genius. Stuart thats not true. This morning, the world is. A lot of people okay, okay. And youre good, okay . That was a work of art. It wasnt a commercial. I didnt know it was anything to do with beer until the last two seconds of it. Its an art work, thats what you did. And i think its a story about unlikely friendship and that has everything to do with beer and getting people together that you normally wouldnt get together with. And the clydesdales, you know, thats budweiser, one of the most iconic representations of the brand. Stuart you knew you cant go wrong with a wonderful dog story. Those dogs were amazing. Stuart the dogs were amazing. In the stables that happens dogs and horses have a certain Kindred Spirit so we just kind of was any of that Computer Generated . Zero. Stuart real animals . The trainers were amazing and we were blown away, everybody on the team, and the guys behind it, really blown away by the trainers of the horses and puppies. Stuart how many puppies did you have to use . There were eight. Stuart eight . Its like twins in movies when you always have how long did it take to get the right shot, the shot that is just right . Ive got to tell you, jake scott the director and rnc the Production Company and everybody in anheuserbusch, everything was tight. The production was really tight. The puppies, hey, come on, crawl under the fence, boom, two takes. We were efficient and a lot of shooting days, it was impressive. Stuart ive got a buck that says because that the puppy love ad only appeared in the last two minutes of the game, ill bet that you were sitting at home, wherever were sitting hoping somehow the broncos would make a comeback so the number of people watching going up. When the second half started and it was run back for a touchdown. I thought Peyton Manning throw seven touchdowns. And were you able to measure this yet. We dont have the numbers yet. From viewing and twitter, puppy tweeting and answering tweets. Its been an outpouring of support and love. Stuart and some ads, it says call this number and get this. Well, you can measure the response, you know exactly how many people tuned in for that, to that commercial, but you cant do that with your puppy love ad, cant do it. No. Stuart its just, its a work of art. Thank you. Stuart did that lock you in for next year . Well, i think when i was here last year you asked me the same thing and i have no idea. The bulls eye is on our back and well take it, were all exathletes. Stuart you dont live with pressure. You know youre locked in for next year. Theyre not going to fire you. As far as that goes, you never know. We have a great relationship and i think its more about how do we do it again. Stuart i think i asked you last year and i dont think you answered. Ill ask you this year, a Stuart Varney question. Did you make a Million Dollars personally from that ad. Did i make a Million Dollars . No. Stuart you didnt . What do you mean . I create the best two ads on the most watched of the year and you didnt make a million bucks . No. Stuart you need an agent. You do. [laughter] it doesnt work like that. Stuart it doesnt . No, no. Stuart why not . You get handed a lump sum of money for what you do, its way different. Stuart well, will you appear with us next year . Id love to. Stuart after another triumph. I hope so. Stuart are you working on any other commercials other than with budweiser. Yes, we have a bunch of different clients so were working with from converse to dicks sporting goods. Stuart i think. It was good. Stuart didnt exactly bring tears to my eyes, but that was a work of art. Youre a genius and thank you for being here. Thank you. Stuart thank you. And moments ago we put General Motors stock on the screen for you, about 35 a share. They reported a 12 drop in month over month january over believe, down 12 . Ford was down 7 . Next our judgment on joe namuth and fur coat at the coin toss and bruno mars half time performance. Back after this. Its my honor to present hall of fame quarterback joe namath to toss the coin. Whoa, whoa, whoa. Did you see that . That was joe namath nearly flubbing the coin toss. And flipped it before the call. And nice catch, ref. The buzz was about his fur coat. Peta tweeted dear real joe namath, the fur for your coat is meant for animals. Lets move on. Sandra smith is here, tense up, girl. Tense up. Our production staff said that bruno mars half time show was great. I think young people thought it was great. Older people not so great and you say. Hes 28 years old and only released two albums i was surprised when i asked did you know who he was before he played. To be fair, prince and Rolling Stones have been the acts recently and i think they had gotten a little boring. I think this was fresh. I think it was wholesome. I think it was classy, i thought he did a spectacular job. Stuart did you . Yeah. Stuart i thought his tributt to the troops, that was the redeem feature of the performance. Well agree. And new at 10 00, president obama dismisses the irs scandal with bill oreilly. Not a smidgen of corruption says the president. Weve got somebody from the tea party to answer that one. And listen to this, buying marijuana based on the type of high it it gives you, its about branding. Weve got the company doing it in a very big new hour of Varney Company that comes to you next. I ys say be thman with the plan but with less ergy, moodiness, i had to do something. I saw mdoctor. A blood test showed it was low testosterone, not age. We talked about axiron the onlynderarm low t treaent that can restore t vels to normal in about two weeks in most men. Axiron is not for use in women or anyone younger than 18 or men with prostate or Breast Cancer. Women, especlly those who are or who may become pregnant, and children should avoidt where axirons applied as unexpected signs of puberty in children or changes in body hair or incased acne in women may occur. Report these symptoms to your doctor. Tell youdoctorbout all medical conditions and medications. Serious side effects could include increasesk 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 applied, increased red blood cell count, common side effects include skin redness headache, diarrh, vomiting, and increase in psa. Ask your doctor about axiron. Its a challenge to balance work and family. Thats why i love adt. I can see whats happening at my business from anywhere. [ male announce] now manage and help protect your Small Business remotely with adt. Arm and disarm your alarm, watch secure video in real time, and even adjust your lights and thermostat erever you are. With adt, you get 24 7 protection through our exclusive Fast Response monitoring. You can be confidenthat adt is always there for you. Hey, lisa. Is that the delivery weve been waiting for . [ male announcer ] and now you can get adt Monthly Service for your business starting at less than 2 a day. [ woman ] i love the convenience of adt. I can finally be in two places at once. [ male announcer ] call today to get adt for less tha 2 a day. Helping protect your business, is our business. Adt. Always there. Stuart we are following your money in the second hour. The worst month over five years down again this morning in following events in washington d. C. Beacon that is where your money is going. Not even a smidgen of corruption at the irs . The twoparty is here to respond. Obamacare as followup Health Insurance we will set up your legal rights. We bring you the man behind marijuana branding that he can guarantee their brand name. We have another intense response to the of lager that says stay at home moms are inferior. Here it is. We have taken a turn south Dow Jones Industrial average of the last few minutes falling 89 points. Charles paid it looks like there is the shift. Last year the market wanted to go up now it looks like it wants to go down to one it has the shift to the downside. But friday we saw buyers step up to the play but dash not sure what issues triggering it other than the auto sales. Because to injury is a bad month. Charles we were looking 53 it was 51. Obviously much lower. Stuart bad news on the economy. Sales and Manufacturing Index is bad news for stocks charles the market has gone by the news. Stuart you are laughing a and smirking. I am enjoying this. Everybody needs to relax and stop the panic attacks. We are at record levels but 1 correction in is a triple digit dive. When you see it go down we are talking marginal fraction to the down side in percentage terms. The s p 500 2 3 is already within historical norms. Everybody relax. Stuart but if you are sitting at home looking at your 401k retreat badly. You are mischaracterizing badly. 3 is triple budget so it feels like a record level but by the Strong Companies of the depth that can pay dividends with the backdrop course suggest it is still bad if the currency crisis spreads to other markets. We saw that 97 and 98 a severe doubledigit correction with the agent asian and russian flu. So both of those it is up 25 . Stuart you gotta all. I am trying to give you a perspective dont be so dreary on a monday morning. Stuart i will liven things up. [laughter] facebook . Another new high . Up of 110 percent over the last 52 week straight. 110 . Today 1. To 5 . 63. 38 this just goes to social media stock twitter is higher by over 2 , i asked one of the traders why she said social media baby. [laughter] stuart now the Dow Jones Industrial average is down about one digit three but it is still a selloff regardless of what liz has to say. Is just half a percentage stuart you are quiet are about one. [laughter] charles we always put the market is in context of last year but unfortunately a lot of people watched that if you came in november youre thinking id waited too long if you came december your down. That is the psychology that individual investors have to grapple with. Stuart if you bought apple last year in december you paid for average 50 per share in your head you thought you got 550 invested now it is up 500. You just lost an sudafed is like blocking microsoft. [laughter] stuart did the iras deliberately target conservative groups . Not according to president obama. It would not even be a scandal if not our fox coverage. Listen to what he told fox news bill oreilly yesterdays. Things keep surfacing in part because you and your tv station and promote them. You are the leader of the country. You say no corruption . None . There were some baldheaded decisions not even mass corruption or a smidgen of corruption. Okay. Stuart interesting. The twoparty news network is here. Not even a smidgen of corruption . What do you say . Not even a smidgen . As a huge pate and winning the and i was quite disappointed that the most excitement came from the pregame show. I have to give him credit he held his feet to the fire and he never gave a direct user. I will give fox credit to make sure this is new continues to stay dominant that people dont forget and go about their day. Stuart not even a smidgen of corruption is what he says. Are you saying there is . There is a llnk between the irs scrutinizing twoparty and intimidating people . Between that and the campaign to reelect president obama . Are you saying there is a direct link . No doubt about it. If the president would be willing to release internal records in emails but he and his staff referred room dash refuse to work with the attorney generals. Last night all he did was called more than 100 organizations fliers, like billy graham, lawyers elected officials to bring this up liars and just because the president himself has not admitted what goes on within his organization does not mean it has in have been taken not just close his eyes i dont know about that stuart Liz Macdonald is with us who has been following this since day number one. Now we are talking about the president not releasing internal emails. That is accurate. Yes. Also the details of the meeting with the irs official who was there a number of times and mr. Oreilly ask about that the president said he cued recall meeting he does not recall meeting with him oneonone. But he said it was about Health Reform and financial reform. We need a special prosecutor the chief counsel used the term i dont recall it 80 times in testimony. That raises the enough questions for a special prosecutor to get to the bottom of this. We will continue to persist thank you to fox news but they will say they have eric holder but they contributed to president obama is campaign. We need the outside source just like the Chris Christie scandal fox is doing the same thing with the irs can go. Thank you for that. Stuart we will see you soon. The super bowl ratings for irving numbers show there is no records this year in fact, they are down one full percentage point from last year. We dont know when they tune in or out but we will bring it to you i think it is how many people stopped the second half and it was all but over. How many people turned off at that point . I thought it was a dead. A complete failure of mass transit the is waiting for a horse to get to or leave the game. To leave play in the nfl for the new Jersey Transit . People were warned it would be a logistical late mayor. Last week you could get throat the building you get tickets people but it would be to decrease. I have to rely on the bus but did you blame new Jersey Transit or the nfl for abandoning people . The nfl in this particular case. [laughter] by david meet with him on this. [laughter] i agree with your producer. Stuart and the next experimental Breast Cancer drug . It hits so many families now pfizer jumped on the news that it significantly improved survival rates so that is good news of 3. 1 for pfizer. Now we have a followup from a story last week a blogger red halite made headlines with her post i looked down on and young women with husbands and kids that young moms who work but they are not equal in value to a woman who takes care of herself. We took a week but we found somebody whos supports that promise. For time mommy is not an occupation but merely a biological status. Joining us from london. Welcome to the program i do hope there is not a delay in because it makes it difficult. I can hear you. Stuart what are you doing . You say and whether that stays home, works at home has the arduous task to bring up children, you are making a face. Do you have kids . [laughter] of course. I do not have this many wrinkles without kids. I have three kids. You talk about the share price of twitter social media, facebook, for me that women that go on facebook and twitter for their status full time on the it makes my eyes itch. Stuart explained. I have six kids. I know how hard it is to be at home with those young children. Argued dismissing that entirely . By the way. You are. Okay. Do you have a nanny . Yes. Yes i do. I still have to pay my nanny just as you have to pay your toe care i just work like a husband a and not a wife. Big dues. If you go on facebook you can update your relations relationships status but this is just a biological statement that now i am pregnant big deal. Stuart a lot of people in this world who do not have enough money to afford a nanny. I hear that all the time. Stuart come on you put people down you say it is just a status. Spare me that estrogens years. For about three years if you work you have too except what you will do is take a salary and handed over to someone else but we need to do that because you have to keep your place in the workplace if you will thrive. It is important for women to show their children yes you can have all but you have to be prepared to sacrifice. I have voiced bin to being your system over hear your six weeks of unpaid Maternity Leave is a genius as far as i am concerned. Stuart you are now considered officially a good guest speakers were lively in particular and address the issues you are valued. Come back. I will come back to frighten you. Stuart you terrify me. [laughter] charles i thought i was listening to the females tour Carney Stuart i dont like that Old School British upperclass you have the fault. I like how you dont get the womans response. [laughter] stuart that is the producers fault. [laughter] we are back after this. [ male announcer ] this m has an Accomplished Research and Analytical Group at his disposal. But even more pressive is how he puts it to work for his clients. Morning. Morning. Thanks for meeting so early. Oh, its not a big deal at all. Come on. [ male announcer ] its how edward jones makes sense of investing. If i wanted america to fail,rica id start with energy. And they did. The keystone pipeline, the war on coal, endless environmental lawsuits. Our Public Officials were not empowered to negotiate the slow surrender of our freedoms. Let not history say, that we deserted our principles, when they were most in need of a vigorous defense. We are not the masses. Watch the video at freemarketamerica. Org. Theres nothing like beingour own boss and my customers are really liking your flat rate shipping. Fedex one rate. Really makes my life easier. Maybe a promotion is in order. Good news. I got a new title. And a raise . Management couldnt make that happen. [ male announcer ] introducing fedex one rate. Simple, flat rate shipping with the reliability of fedex. Stuart in january Sales Numbers from to liotta are in not good the stock is down 1. 3 . Gm is down and ford is also down. Facebook has to watch out because there dicks guest has skid in the gay. The coal face under of the app called circa it was called the best one of the desert he did what to watch this your forbes 30 under 30 welcome to the program. Circa is a news app i cant get it on my phone to have the news feed designed for my spot . Yes. Stuart or you better than facebook . They come with their news feed today. The idea behind it circa we want to make news easier to read we are solving the problem on the consumption side facebook side it seems like it is making it easier to discover what your friends are sharing but we salt consumption problem days of the discovery problem. Stuart where to get the news from . To read like a regular dusk report. Whether television or twitter choose any source that we can to identify the right information. Stuart because you are geared to mobile phones that changes the way you present the news, and short, sharp, immediate it changes the nature of the coverage . Absolutely we have a team of writers and our own journalists doing this work in a different nature reproduce the content. What was exceeding exciting to see come to life. I did not have my options for consumer news but it is much more easy to consume. Stuart but is that skewed to young people that young people are using mobile more than older people . Is there a lot of Celebrity News . Not to the least we do a lot of hard news if we do that because we feel the importance to have real information. So what we consider to be the most Important News in there you will not find that with entertainment. Stuart it is free. How does circa make your money . We have been venture funded so far then we will roll out advertising, as subscription as well as licensing the back gant tools how we develop our own news. Stuart other than facebook that takes a news from your friends. Different entirely. I am excited it will be interesting to watch to bring interesting stuff around the state but for us not only is it easy to consume news but we have a feature how these stories progress. Stuart circa. Free app. Thank you for joining us. I will go out there to call the super bowl a super bus. Congratulations from barney and Company Michael straight and inducted into the football hall of fame this weekend. I think the winner of the super bowl this year will be the new york jets in my on the ball or what . Charles you know, absolutely nothing about football. [laughter] move fed you that . Stuart they are a fine team. So ally bank has a raise your rate cd that wothats correct. A rate. Cause im really nervous about getting trapped. Whys that . Uh, mark . Go get help i have my reasons. Look, you dont have to feel trapped with our raise your rate cd. If our rate on this cd goes up, yours can too. Oh that sounds nice. Dont feel trapped with the ally raise your rate cd. Ally bank. Your money needs an ally. Stuart some of our viewers may object gave little better. I understand if you dont care for people with foreign accents judging football but i will do it anyway because some things have to be said. Here is my take. It was a bust. The game itself i am not an afficionado but even i could tell right from the getgo the first play made out lousy start to the game and it went downhill from there. What are the odds the first play of the game would be a safety . Were the games best quarterback would be intercepted twice a and shut out completely . As an advertiser to pay a fortune for the second after the game was done by the first quarter. The advertisements were a bad start i saw a crude expression from a child than the intimidating commercial that turned out to be maserati. The rich not entertaining or informative. Dont get carried away. The National Anthem had a great voice. And the commentary in to come through eventually with us salute to the troops the budweiser and the chevy truck commercials and i dont doubt for one moment we will all be back next year to crown the super bowl as the financial king of sports. But the buildup was so strong and the delivery of the game was so weak i cannot shake the feeling of disappointment. I am nowhere near as negative as our Production Team their judgment at the Early Morning meeting was the worst super bowl, the worst ads ever. They are a tough bunch. [ bell ringing, plause ] fivtech stocks with more than a 10 . Change in aftermarket trading. Allhe tech stocks with a market cap. Of at least 50 billion. Are up on the day. 12 lowvolume stocks. Breaking into 52week highs. Six upcoming earnings plays. That recently gapped up. [ male announcer ] now the world is your trading floor. Get realtime market scanning wherever you are with the mobile trader app. From td ameritrade. Stuart now down 145 points. That means we have lost almost exactly 1,000 points since december. There were negative reports coming out at the top of the hour with production is lower than projected. Car Companies Reporting sales decline in the month of january and secretary lew talks about the debt crisis . Also fear mongering saying he has no gimmicks this time they are really serious. We will hit the debt ceiling if congress does not act today. They have run out of gimmicks. Stuart ice timing. is a big drop. Another down 151. One of the favorite super bowl ads microsoft showing how technology is changing the world stuart i do own the stock but it is a pretty good commercial and no conflict of interest. But that backs up what we are saying. Technology is good, it is skiing and leads americas economy. Charles it is interesting that know how innovative microsoft has been but Technology Needs a publicrelations campaign because soon it will take peoples jobs a robot and Artificial Intelligence. Not wear white collar workers could say it is the bluecollar worker problem now Artificial Intelligence will take the white collar job. Maybe they do need a p. R. Campaign. Stuart another obamacare legal problem about due process and judge napolitano is here. What we see if i have got this right. You enter into obamacare in a mistake has been made on the exchange. No appeals process to fix the mistake. 22,000 people have filed all the forms because the mistake was made on their application, they cannot fix it they have been scanned into a computer sitting there because there is no back and established for dealing with appeals. That is the due process problems connected constitution requires the government with everybody comes in contact with it charged with the crime to the president to a janitor or making an application fairness. Fundamental fairness with procedural fairness and substantive fairness. That means if the government makes a mistake is it of giving you the correct address are the wrong address or wanted to run on your Social Security number or your birth date is wrong and you make every reasonable effort to correct that and they rejected then they repealed their rejection then they are not treating you with fairness. How can they get away with this . If you sue a government in the courts of what it has a timetable hill house to reply but when they are judge, jury, executioner and writer of the rules like obamacare and they have not yet written the rules how they must reply, they will do. Those 22,000 that are trying to correct a mistake not milk not to mention those that lost their policy because the computer rejected their application the government has not moved on any of those. Stuart it is more than 22,000 that is just the people that build up this seven page form. Others have attempted just to go back to change the dates and the computer will not let them. Stuart there are thousands of people who called then referred to said fix this mistake and they were told the federal workers could not get into the computer to fix it. Is this really a surprise . To followup on the microsoft story that is in the business to deliver high quality goods and services to the customer it would be fixed immediately but when it is the government that considers people making an application for a benefit a burden, the government that has no competition, that has no incentive to treat these people well, they sit in a box waiting for someone to decide when it is time to reply. Stuart if fisa you can i get money for damages . A maverickthink so. Federal judge to order the government to answer right away but i think that would be overturned the way obamacare is written at the age of us is judge, jury judge, jury, executioner, th at is too harsh but as a rule writer with his very little the courts can do. Stuart it is the front page story today on the Washington Post tte first paragraph reads the government cannot fix their errors. This is what what they warned us about to read the bill to find out what it is in there. That is superseded by john stuart she said it is not my responsibility. I sat next to her on the plane she wanted to talk about her grandchildren it is obvious he did not want to talk about politics. Stuart did she know who you are . She certainly did she had a security entourage. Everyone passed as shook my hand and she was on the phone when she got off she said hello then had eighth chat. The news of the day is that she knows who you were. I think it is only because her security did. Stuart watch out watching to find out what he is about. After the break a guest who runs a business that guarantees a specific, and of high. Quality control for marijuana. Now back to Nicole Petallides super bowl prediction summation reports from the day New York Stock Exchange Nicole Petallides also picked the number of the broncos. Chicago bears, the redskins what does he know . [laughter] Stuart Facebook is debuting their new app today shares hitting a new high it was as 63. The mobile phone battle heating up at t lowers the cost of the family plan and tmobil will offer to buy you add a of your contract reviews which. We have Sales Numbers coming up the first four do january sales down 7 percent compared to december blaming the weather. Stock is down a 14. General motors stock is down 171,000 cars and trucks sold last month. Gm is down at 35. The dow is down 121 points. That is a selloff. Quality control. Next. Cme group can help you navigate risks and capture opportunities. We enable you to reach Global Markets and drive forward with broader possibilities. Cme group how the world advances. [ cellphones beeping ] [ cellphone rings ] hello . [ male announcer ] over 12,000 financial advisors. Good, good. Good over 700 billion dollars in assets under care. Let me just put this away. [ male announcer ] how did edward jones get so big . Could you teach kids that trick . [ male announcer ] by not acting that way. Ok, st quarter. [ male announcer ] its how edward jones makes sense of investing. Stuart the stock moving up in down more than anyone else we will go to Nicole Petallides to find out why. Down 3 percent right now it week cutting the price target of 75 was still little upside potential. They still have a buy rating but they have to taper down. I think it is from friday to be on this. Stuart it is down 1. 34. Charles says he will make his money with international taser. Stuart i thought they had a lawsuit. Charles the Police Department that use them as less lawsuits. You are less likely to be sued in your stead with these they and shot with a handgun. But the business has taken off. They just got orders from atlanta, birmingham, pittsbu rgh, Riverside County california, hundreds and hundreds. But i also like the camera it is starting to catch on. The policeman wears it on his person and this way everything is captured. You talk about the of lawsuits, a diminishing lawsuits making it safer and better for the police departed they are getting bigger orders for that the stock makes a nice move to the aside. I think it will go north of 20. If you drink the same beer you expect the same results it is quality control. Now can you get the same thing with your marijuana . This company guarantees its brands names like giggle and a bliss will give you those feelings every time. Qualitycontrol standards in the pot business. We have the ceo. Good to see you. You are absolutely correct. Qualitycontrol standards is the biggest selling impediment to this industry. Stuart our viewers are intrigues. If i smoke of a joint of your brain and giggled, are you guarantee me that will be the impact on me . I will giggle if i smoke this particular kind of lead because your scientists have narrowed down the response that weed will give me . Absolutely. We cannot be the same for everybody but for the vast majority they will have the desired defect when trying our product. Stuart i suspect it will go national i think youll have recreational pot nationwide at some point. You are establishing a brand early so windigos legal in new york people say i have to have the giggle. Absolutely. If you look across the country at the sports stadium now one single one is named after collective is all after a Brand Products that solve problems and we were designed to be a problem. A lot of people will make a lot of money shortterm on the Growth Operations but we would both agree over though long term cannabis is a commodity the prices will fall in the ridiculous margins will disappear. Stuart do you all to eartha thc content . O lot of people think it is magic but our process is not different from used to make decaffeinated coffee or perfume. If you walk into a Department Store all bottles of chanel number five will be the same it is not hard for consistency of you use the right process. Stuart come back to see us when we have more time. This is setting the stage for something bigger later. We will see you again. Super bowl adds 4 billion for 30 seconds . Most were released early on you to visit worth it . Is missing when viral videos could be made for a couple of hundred and reach millions of people. Earned, usaa Auto Insurance is often handed down from generation to generation. Because it offers a superior level of protecon. And because usaacommitment to serve current and former milary members andheir families is without equal. Begin your legacy. Get an Auto Insurance quote. Usaa. We know what it means to serve. Open to innovation. Open to ambitio open to boldids. Thats why n york has a new plan dozens of tax free zones all across t state. Move here, expand here, or start a new business here and pay no taxes for ten years. Were new york. If theres something that creates more jobs, and ows more businesses. Were open to it. Start a taxfree business at startupny. Com. Evidence mounting that alice side is working with al qaeda colonel ralph peters is with us tonight. Please join us. Stuart i have some fears weaponry our next guests became a famous from viral videos he helped to create this popular video. He is with us. The man from the viral sensation. That was very good. In to spend hardly anything to produce that. I did not produce that that is with being on a new tube now other companies will hire me instead of spending billions of dollars they will have be recreated a safety video for virgin america. Stuart you come up with the video to demonstrate something when dave like safety. It looks great and has a great rhythm so you make money. Exactly. Stuart is it just your own band and not to advertise, just you . Absolutely. Part of what makes things go viral they have something they identify with that they have done a million times. My first was for mcdonalds i just say my order in the drive 37 i saw that. Kid you make money on that. You did . Absolutely. Stuart advertisers give money to you because you advertise the them. Stuart katy make 1 billion for advertisers. I was on fords 30 under 30. Stuart that kind of money . You might have to come back. [laughter] we do we can go make music videos together. Stuart i have no sense of rhythm. [laughter] what was your favorite ad in the super bowl . Id love to cheerios and the yogurt commercial but my favorite was teredos. Stuart is the Cardboard Box . That was hilarious. Stuart he is in a box. Daytime travel machine. It was so q them the old man comes out and he thinks he has traveled into the future [laughter] that kid is very clever. Stuart that cost 2 to make but they got 1 million because they. But people like the most it is monday and something we can identify with. We have seen no Lemonade Stand but the fact he is one step ahead to havels p. M. Is adorable. Stuart so you could make well into the six figures, seven figures doing videos for you to. Comeback to see as a democrat will sing about you in my next video. Your take on the last night super bowl . Next. Welcome back. How is everything . Theres nothing like being your own boss and my customers are really liking your flat rate shipping. Fedex one rate. Really makes my life easier. Maybe a promotion is in order. Good news. I got a new title. And a raise . Management couldnt make that happen. [ male announcer ] introducing fedex one rate. Simple, flat rate shipping with the reliability o fedex. Stuart earlier i gave you my take on last nights super bowl, said it was a dud. Imay be a good game for seahawks fans, just lik wait to see good commercials. Keith says that is four hours i will never get back. That is the best the nfl has to offer, it is in bad shape. Agreed. Jonathan tweeds i love seeing elway loose. Just with the wrong team. Wait a minute, wait a minute. Look, im not an aficionado here. What happened . I saw him all over the internet. Charles he turns out elway is a republican spoke not about the stand, but doesnt like the safety nets. I think he was more or less same as the country we can pull yourself up by the bootstraps but angered a whole bunch of people. Stuart most said they did not watch at the halftime, they tuned out. Did you . Charles i watched it. The hits were amazing. Number 31 of seattle, a monster. Stuart we believe it at that. Dagen you get a pass, but generally you are not an american unless you watch the entire super bowl. You have to do it. From bootstraps to a boot up the butt, the broncos flail and an nfc team wins the super bowl. Stocks rallied based on an old, if flawed, market indicator. Hopefully he sees a better market. And raising the debt ceiling and exchange for some changes to obamacare, the public is want to bargain, will democrats budge . Troubles for apple iphone. A team has one of the devices explode in her pocket p had and united says goodbye to cleveland. Coming up on this hour of markets now