folks, right here. think about that. a halo, a pitch. you put your money in or watch for warning signs? sheila and seema have both sides of the coin today. and timothy geithner, the back story, folks, former treasury secretary, key player in the financial crisis, has a new job now, but wait until hear the backstory and st. loueve liesma it. halo or pitch fork? >> seema is such a sweetheart, should have been two halos. i know what they were trying to do. no way she could be a devil. we have a record-breaking day down here, ty. the dow and s&p crossing big, big numbers, 16,000 for the dowp. right now it is up 39 points on today's trading session, but it's up 144% from the march 2009 bottom. the s&p hit the 1800 mark for the first time ever, it is now slightly to the downside. it's kind of hugging that 1800 mark. but it is up 165% since that '09 bottom. the nasdaq inching ever closer to 4,000. that index is down 4.5 points today but it's up 214% since march of '09. the big question now is, where do we go from here? we do have two cases made ready for you. seema moody, arguing we're going to the downside, her part of the story. first to sheila dharmarajan on possible opportunities in this market. >> hey, sue. we are focusing all about growth because that certainly seems to be the word of the day. heard from fed president bill dudley about his growth forecast for 2014 and economists it telling me look you take a look at this economic data, take a look at some of the manufacturing surveys and pmi indices, all pointing towards bigger volume, bigger pricing, growth in 2014. with this in mind we screened the s&p 500 to find some of the top growing sectors. when you take a look at the top winning four sectors, consumer discretionary, energy, health care and financials growing big over the past 12 months. individual stocks that have also been posting some big growth numbers. just take a look at top line sales growth at prudential, michael kors and range resources. a lot of pointing to the upside when it comes toing looing at sales growth and the fact that we could be pushing higher ahead. i will point out there is caution when it comes to sales growth. at analysts point out when with you take a look at the dow jones industrials forecast for 2014 it's in our projected grow between 3 and 3.5%. pretty big numbers considering when you take a look the at q3 numbers that grew 1 and 2% and this quarter's numbers only expected to grow higher. maybe there is a little too much optimism bakesed into these forecasts. if you take a look at past performance over the past 12 months as some of these top growers were growing and economists it tell me we can continue to grow in the new year. back to you. >> okay. thanks, sheila. let's go to seema with the other side of the coin. >> the first warning sign could be the data with focus on the housing sector which has hit stumbling blocks because of higher home prices, exist hoping sales number does come out on wednesday. it could be an indication the housing recovery is not intact. a pair of readings on inflation not expected to see much movement but an important read on the economy and another cate ta list for a sell-off may stem from earnings. we hear from retailers including home depot, target, gap and jc penney. could provide a window into what to expect this holiday season. that's what experts say could derail the market this week, but there are still a lot of long-term head winds including europe. while the situation in europe is improving, still dealing with deflation, tep is growth and fiscal worries in greece. last reason is one we speak about a lot, sue, valuations. as the market rips through new highs stocks continue to get more expensive. the momentum names that have been powering this rally, netflix, best buy, tesla up 200% year to date and according to hsbc valuations in most markets are slightly above their ten-year averages an analysts say that's why we cannot rely on a rise in multiples to drive this market higher. sue? >> seema, thank you very much. joining me to talk more about this right here on the floor is jj burns, president of jj burns and company. so we are at those nice round numbers, psychologically that may be important, but what do you do as a money manager? do you still buy into this market or are you selling? >> for the long-term investor any dip we would look to buy into it but really, for the investor who has a strategic allocated portfolio, and most people don't, they don't have plan to do this, but for those that do who are three to five years away from possibly needing that capital, they need to think of selling the beloved and buying the loathed and those are things that most people aren't talking about, such as commodities. and also, international. emerging markets, specifically greater europe, and there's easy ways to play that market out. >> how would you? >> etfs in the greater europe when it comes to emerging markets, dollar weighted equal shares so like a russell 1,000 equivalent where you're having equal weight in each sector. >> you also have in the past talked to us about the tax-free advantages of going into different parts of the market. if someone is close to retirement, needs the income but isn't getting it from equities how would you -- and still want to be long in the market in essence how would you advise them? >> two things. number one you can own mupenies. for the top tax bracket investor 8 to 8.5% equivalent. >> we'll talk about munis in a few moments. >> choice munis that are conservative in nature. number two, national limited partnerships that deal with oil and gas deliveries, this kind of bond equivalent but the benefit of growing equity as well. >> thank you very much. jj burns, president of jj burns and associates. >> how did he figure out the name for his xep company? i want to know that? >> it took a while. >> he is an inventive guy. >> what are financial guys saying right now? tim mower is vice president of the financial consulate, member of cnbc's digital financial council and 20 member group of financial executives with cumulative asset under management of about $23 billion. welcome, good to have you with us. great to always see you. we've been in a four plus year bull market. this year equities are up more than 20%. is this the time to step back from your portfolio and potentially rebalance? >> tyler, a few minutes ago when you pointed at the dow jones industrials you used the word, i think disturbed at this number. i can understand why you might be. if you looked at the headlines around the world throughout the course of this year i think most of us would see today's 28% up for year to date as a phenomenal number and i don't think that the answer to every single investment question is simply to reallocate. when you look ats dispersion of asset classes this year with the u.s. way up at the top, emerging markets kind of down in the middle and then the safer bets in bonds, actually losing money this year, this does appear to be a great time to reallocate from the winners to the losers. >> so let's say i look at my equity holdings in my 401(k), my mutual funds and any individual stocks that i own, and they are up and they have gone beyond the asset level or the proportion of my portfolio i'm comfortable with. what do i sell first? >> well, i'm thinking you're going to be selling the things that have grown the most. when you look at the u.s. we have really outperformed in a tremendous way this year. when you reallocate now, especially with interest rates and bonds looking the way they do you may be reallocating into some asset classes that you have not been overweighting in the past. cash, despite the fact that it's had poor earnings over the last several years and interest rates are extremely low we know it's the one fixed income asset class that should not lose money as we're heading into potential for interest rates rising early in the new year, i think we might be reallocating into some asset classes we don't have in our port flol right now. >> including cash. you're not going to get paid for that. in a real way, you're going to lose money but at least you're not going to risk the capital erosion that you would -- you might face in bonds as interest rates rise or in stocks as people pull out? >> well, tyler, it certainly is a defensive posture to have additional cash. but at the same time it's also offensive if you think about it. dry powder to put into the asset classes that you like as that starts to clear up after the fed's, you know, activity or in activity toward the beginning of the year. >> what if i have funds, very quickly, fund also international funds or some category that just has not performed, do i look at those as an opportunity to put more money in or are those ones that i would also maybe look at to sell? >> well, depends on why they have not performed this year, tyler. if it's japan, in a situation where you're seeing them anom mussily low, then you may think about going back into that. take a look a the managers and make sure they're doing their jobs. >> thank you very much. for more news and advice about your medium and long-term investment plans visit the fa hub at fa.cnbc.com. if you're a financial adviser get reports from thought leaders on the industry trends and innovative client strategies. >> you cap find it there. >> you sure can. >> wheres the big money guys are putting their assets to work. joining us is sam, chief investment strategist with pioneer investments with $230 billion under management. good to have you with us. >> glad to be here. >> are you still buying into this market even at these levels? >> absolutely. i mean, without saying that there's no downside risk because there's always some downside risk with the moves we've had, clearly a correction is possible, but as we look at it if we take a longer term horizon, two, three, four, five years, we would say current market values do not look bubbly. they look very atrktive for long-term investment. >> where are you finding opportunity? are there specific opportunities of the market that still provide growth? >> i think we're finding that there are opportunities almost everywhere, sometimes you have to be a little selective, but broadly speaking, if we look at it on a global basis, europe looked like the european economy is coming out of recession. evaluations are still reasonably inexpensive and our firm is biased for overweighting european equities. [ inaudible ] in the u.s. i would suggest that if we look at the bonds as large cap versus small cap, large cap stocks look a little inexpensive relative to small caps and some small caps a little more expensive. growth in value, you know, think of the classic story of the bird and the hen versus two in the bush and what people have wanted over the last year, couple of years, they've wanted high dividend yields and they have not really -- they've bid those stocks up to a premium and companies that perhaps have better longer term growth rates, prospects are trading cheaply. we would favor growth over value in big broad terms. large cap growth maybe as a corner of the style bar. >> you expect 2014 to be better than this year, did i read that correctly? >> absolutely. yeah. i would say that look at the labor markets we've been making steady progress, grinding it out, but we're making substantial steady progress. if we look at the global context with europe out of recession, with china having pulled a successful soft landing with japan looking better the global context looks much better. we don't have another huge tax increase like at the beginning of next year. the sequester is the fiscal cliff, the debt ceiling, i think those issues are largely behind us and with that said the economy should do pretty well next year. >> you also would like to sees the fed start to do some small, incremental tapering sooner rather than later? >> we would, absolutely. i think the qe1 might have been very necessary, but, you know, if you're in an accident you want painkillers but if you are still using painkillers five years later, maybe the problem is you're addicted to painkillers. >> that could be. >> and as we look at it, qe has outlived its usefulness. >> all right. sam, we'll leave it there. thank you very much for joining us. sam wardwell with pioneer investments. >> thank you. the big buzz ipo of the year has been twitter. the stock there you see it at 41.74, above its offering price, below its first trade price that week or week and a half ago when it launched. more ipos on the way this week. we've got a few. it has been, as this graphic shows, ipo omg. >> it has been an omg-type moment. according to the folks at renaissance capital we're expecting to see around ten ipos come to market this week. among the highlights companies like triv veena, which is a sciences company looking to raise around $93 million, tet trick logic pharmaceuticals expected to price on thursday raising $11 million, ocean tanker company navigator holdings looking to raise about $250 million on thursday as well and perhaps a more well-known company to upscale shoppers is apparel holding corp behind clothing brand vince. they look to raise $220 million on friday. according to renaissance there have been 223 ipos in the u.s. this year, the third highest count since 2000. so let's check on some of the other notable ones so far this year. among the best first day trades again, sprouts farmers markets, 3d printing company voxeljet and pot belly. which ones have had the staying power, up huge, 427%, voxlejet, and then gw pharmaceuticals, 294, a dutch company here, pro sen sap. that's down 70%, one of the worst performing ipos this year. now generally speaking, renaissance capital says that 203 ipos have raised around $49 billion and an average return of 31%. so the hot market for public offerings continues, tyler. this has been a very good, a banner year for ipos going all the way back to the tech bubble of 2000. >> all right. fantastic. appreciate that. tomorrow on "power lunch" we'll kick off a series of retail stock pick themes, should you buy or sell? home depot, wednesday, cjc penney, thursday abercrombie & fitch and the gap. we're going to try to get to the bottom of the stocks. should you buy it, sell it or stay away? that's all week right here on "power lunch." 1:00 eastern. by now you may have heard that timothy geithner has a new job. it's in private equity but there's a great backstory here. steve liesman has it next. and mother nature unleashing her fury in italy. look at that, a major eruption under way on the island of sicily, that's mount etna. blasting away for the first time since 1992. frightening pictureses from illinois. we'll have the details on the damage of a wave of tornadoes caused there in the heartland yesterday. they're still cleaning up this afternoon. more "power lunch" when we return in two minutes. twins. i didn't see them coming. i have obligations. cute obligations, but obligations. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. a huge eruption, that's italys's mount etna spewing lava in a major way since 1992. it started quite suddenly, about 24 hours ago. mount etna located on the eastern part of the island of sicily, south of the italian mainland. the airport we are told is still operating normally as of now, and no evacuations have been ordered yet, but authorities are closely watching that situation in italy. understandably so. mother nature also wreaking havoc here in the u.s. this video is from washington, illinois, yesterday. several tornadoes had hit illinois from south to north. this one just outside of peoria. you can see this one heading straight for a house. frightening pictures to say the least. the giant twister was caught on tape in long point, illinois, as well. that's about 100 miles southwest of chicago. six people were killed in the storms and scores have been injured. things were so bad, even in chicago, that the bears game yesterday had to be stopped, delayed for several hours, in the middle of the game. the fans were told to seek shelter inside the concourse. the players cleared the field. the weather channel's scott newell has more on the damage report. >> here in brookport, illinois, three died as a result of a tornado that went through here. it started in the west and moved straight through to the east about a block wide and about three quarters of a mile long. those used to be warehouses right there. that is typical of the destruction you can see all the way back there. a lot of people here now are trying to figure out how they're going to rebuild this town. i talked to the police chief who rode out the storm. he said it was absolutely incredible. the wind came, everything it touched, he said, it was picking up pieces of metal, roofs, pieces of cars. it was absolute destruction as the storm moved through. it moved through fast by the way. so that is one of the things that they're trying to rebuild from right now. the rebuilding has begun. power crews are out working, the red cross out helping and people are already starting to get into their backyards, kind of assess the damage and see where they go from here. in brookport illinois, scott newell, for cnbc. timothy geithner has a new job. the former treasury secretary is off to one of the more private companies in private equity, warbrook pinkus. steve liesman covered geithner for years, what do you know about the new job? i had him pegged to be the president of dartmouth or something? >> there was scuttle but about that and he probably could have gone to any investment bank he wanted to. my understanding he was looking for a set of criteria. among them, he didn't want to be involved with a conflict from -- he regulated the big banks at new york fed, was involved in the bailout of aig and bear stearns and concerned about the perception of mistrust and exacerbating that perception. he went to a private equity firm that wasn't regulated by the fed or ral by the treasury. that was a big part of it. he was also looking for a situation where some of the controversy that may have surrounded some of the big banks was not going to follow him into that job. >> this company has a british background, right? >> yeah. it does. it's also sort of a more low-profile company. >> discreet. >> my guess, that's not going to remain the same, the situation anymore. geithner being over there is going to mean the deals that are done by warburg pink cuss will be more scrutinized. >> he didn't go in as the ceo. >> he is going to be involved in running the company. another criteria, if you go to a big inment bank they might call you every day and say what's the fed going to do. when you're making longer term investment decisions over a number of years they're not going to call him for that stuff. a different set of skills are involved. he was looking forward to the new challenge, i'm told. >> thank you very much. steve liesman reporting on timothy geithner. >> we wish him well. thanks, guys, still ahead, hard assets have been hot lately. how about this one. a $15 million ferrari. we'll show you some of the most expensive cars ever, and also let you know who might be buying them. and did you know about detroit's financial problems? of course you did. the list of cities in trouble doesn't stop there. scott kohn is going across america to save our cities. stop number one, oakland, california. scott? >> yeah. sue, you know, this is a real main street versus wall street story. the issue here, did wall street take hundreds of american cities for a ride or were these cities simply playing the market with their taxpayers' money. it's the first stop on our critical conditions tour, looking at america's cities and what can be done to save them. we're in oakland, california, and we'll have the story coming up on "power lunch." mine was earned orbiting the moon in 1971. afghanistan in 2009. on the u.s.s. saratoga in 1982. [ male announcer ] once it's earned, usaa auto insurance is often handed down from generation to generation because it offers a superior level of protection and because usaa's commitment to serve current and former military members and their families is without equal. begin your legacy. get an auto insurance quote. usaa. we know what it means to serve. at bny mellon, our business is investments. managing them, moving them, making them work. we oversee 20% of the world's financial assets. and that gives us scale and insight no one else has. investment management combined with investment servicing. bringing the power of investments to people's lives. invested in the world. bny mellon. (vo) you are a business pro. maestro of project management. baron of the build-out. you need a permit... to be this awesome. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. (aaron) purrrfect. (vo) meee-ow, business pro. meee-ow. go national. go like a pro. we could see a major move forward in detroit's bankruptcy case, but detroit is far from the only american city in distress. all week, scott cohen travels from coast to coast for critical condition, saving americas's cities. our coverage begins today in oakland, california. scott? >> hi, it tyler. that ruling in detroit is something cities will be looking at, whether the city can use bankruptcy laws to reorganize their finances. even in places where they're not contemplating bankruptcy like in oakland where the city is starting to recover, adding jobs, new investment but still are some things holding this city back. ♪ >> reporter: curtis robinson isn't your average pastor. ♪ >> reporter: before he took the pulpit at oakland's faith baptist church, he spent more than 20 years as a stock broker, his financial background still figures in his work. >> you have to have a piece of a neighborhood in order to have economic development. >> reporter: peace comes at a premium in oakland with 127 murders last year, and the highest armed robbery rate in the country. >> first of all we have to have sufficient resources in our police department. >> reporter: mayor jean kwan says the city is hiring officers again, but the force is still down by roughly in the last six years thanks to budget cuts. it doesn't help about $4 million a year, around 2% of the general fund budget, is going not to oakland, but to goldman sachs. >> we have tried to negotiate with goldman sachs and i haven't totally given up. >> reporter: the payments are the result of a 15-year-old swap contract sold to the city to guard against rising interest rates. trouble is, rates went down, not up, and the city wants out. but under the contract, that would cost around $15 million. money oakland doesn't have. curtis robinson thinks wall street took oakland for a ride. >> oakland was outgunned. >> reporter: goldman sachs declined to comment but asked about the deal at last year's annual shareholders meeting, ceo lloyd blankfein said it's not fair to ask goldman to tear up a legitimate contract. that he, said, is not how the financial system works. we should point out that over the life of this deal, 25 years or so, oakland actually will save some money on its debt service but the point is that these $4 million a year payments are just money that city cannot afford. oakland is not alone by the way. there are hundreds of these out there. a lot more about this whole issue in our special report at cnbc.com/cities. organized labor in particular hates these deals because they say they're costing cities about $1 billion a year. that's money that could be going, perhaps, to shore up the pension systems and that's the focus tomorrow, we'll be heading from oakland to chicago, a city where the pension crisis is so bad, it could make detroit's issues look like a walk in grant park. sue? >> yikes. well, we'll look forward to that very much, sobering as it might be. speaking of chicago, rick santelli joins us now, usual talking when talking about the bond market but not the treasury market. talk munis. we heard jj burns mention them this earlier this hour, that there are still good places to invest but when your friends ask you, what do you tell them. >> i tell them first of all, if interest rates move up you're not going to be any safer in a muni than a treasury or corporate. if rates go ups the price of all three go down. however, if you're comfortable holding to maturity muni shares the same advantages in that regard and pick one you're comfortable with, whatever interest rate you get on a biannual basis if you're happy with it for three, five or ten years, then you really don't have a big ne negative. the nice thing with munis, sue, is that they have a very low default rate. despite all the things that we hear about california or chicago or illinois or detroit, they still have a very low default rate. watch out for a couple things. basically want to see how they're funded. two ways they're funded through revenues or through taxation. general obligation bonds generally through taxation, revenue bonds through revenues. but, the biggest difference is, you might get for a triple a ten-year muni, high quality, about the same as a ten-year treasury. but once you start to ease off to maybe mid-style, mid-quality, let's say a triple b, you're going to get 50 basis points extra, ten basis points to ensure it and almost double it with tax advantages if you're in high income tax states like california. >> that's what jj was talking about, depending on what your tax bracket is, they not only will give you some yield, maybe not as much as you would like, but you to balance with that with the tax advantages that go with it. net net maybe making a little on both sides. >> absolutely. >> thau thanks so much. >> sue, rick, thank you very much. one big story and one much smaller tighter story from the dubai air show, see what the new executive corporate jets are like from the inside. and if you fly coach, get ready to squeeze in even more. that is not coach right there, folks. we're going to give you both stories after the break. driving in style, with robert frank in new york city. robert? >> hey, tyler, last week one of the biggest art auctions ever here at sotheby's. they're hoping the same collectors pay up for cars. we'll show you a $15 million ferrari, this $4 million massarotti which is fitting me well and other master pieces of the road when "power lunch" continues. stick with innovation. stick with power. stick with technology. get the flexcare platinum. new from philips sonicare. became big business overnight? ♪ like, really big... then expanded? ♪ or their new product tanked? ♪ or not? what if they embrace new technology instead? ♪ imagine a company's future with the future of trading. company profile. a research tool on thinkorswim. from td ameritrade. . today, taking flight, takes us to dubai. a huge air show is yupds way today in the united arab emirates. we are there, and he filed two reports. the first on swanky corporate jets. >> let me show you what you can get for your money approaching $60 million. this is the gulfstream g 5 50, oval windows, apparently the biggest of its class, space for 19 passengers and for an additional $2 million, you can get this elite package which also includes control from your apple device with an application so you can simply put down the shades there we go. range here, 7,700 miles, that's enough to get you from jfk to dubai or from london to singapore. another player in the market is bombbarede. the global 6,000 in terms of external dimensions similar to the g 550. you get 13 square feet more of cabin floor space height, a little more accommodating at 6'3" range is 7,000 miles. that's still enough to get you to most exotic markets. and average variable cost per hour is also slightly higher, oh, yeah, and costs over $35,000 to fill one of these up. and then you have insurance, catering, maintenance, security, it may not be the ideal gift for christmas. >> well that's life for the rich and famous. for everybody else stuck in coach things aren't nearly quite as roomy. here's that part of the story. >> reporter: for decades the economy class and larger aircraft had nine seats in every row, 18 inches of relatively personal space. that is history. the industry has moved towards adding an extra seat in every row, leaving you with 17 inches instead. and space in economy class is not always a top priority in a time of margin pressure and high fuel prices. that is exactly what emirates and other airlines did on some of their a-380s, for example. added an 11th seat to every row bringing you back down to 17 inches. another factor seat pitch or the amount of leg room. here the boeing and airbus planes as configured by airlines choose a seat pitch that varies between 31 and 35 inches. when you try to take down the -- yeah, doesn't work. >> yikes. what a trooper he was. we expect more news from the dubai air show tomorrow. watch for that right here on power lunch. imagine a long flight in coach, ty, with that little leg room? >> i've taken now on most of my flights as over the weekend to buying the extra leg room just for the comfort alone. not first class but the extra leg room. i just say i have to have it. folks, in the past two weeks, sotheby's has sold over $1 billion of fine art and jewelry. and this week the auction house could raise another $50 million from one of the most significant collections of motor cars of all time. they're on auction and robert frank is there with a sneak peek. hi, robert. >> hey, tyler. in this room last week sotheby's was displaying that andy warhol that went for $105 million. this week it's all about cars. i'm here with ian keller of rmr auctions. what's the idea of combining art and cars and doing it here at sotheby's? >> we feel like this is the perfect venue to bring in what we consider the beautiful art forms in the classic car world and what better place to display them than on the tenth floor of sotheby's. >> the idea not just to find expensive cars but one that had skull turl value? i will take these over henry moores any day of the week but was there an asthettic component to picking these cars. >> we essentially tried to cure rate the sale. this is sort of rolling sculpture, the automobile is an art form, there's a lot of movement, the aesthetic of every car is different. >> they are. and colors are amazing. start with the number one lot here, the big king of this auction which is that lm, that ferrari, 250, lm. that's expected to go for up to $15 million, maybe more, why is that car so expensive? >> it is probably one of the most exciting road going ferraris built. it is street legal, in fact. >> you can drive it? >> time of your life and very competitive in the period track wise. >> that car raced a lot. how many did they build? >> 32. >> how many are left? >> far fewer. >> the number two, that tal talb logo, one of the most graceful cars i have ever seen. who designed it? what's the history? 1938. >> a bespoke version in the period, 1938, t 150 css designed by the highest end coach builders in the period in france. >> so that's a french car. and behind us, you know, it's not just thesest old cars. some of the new cars are equally beautiful. this bugatti, this is a roadster. this is expected to sell for over $2 million. you know, what does this tell us about design today? could cars be better designed, learn from these beautiful designs of the past? >> i think so. i think what you have here is history and past and present and you have sort of the element of emotion that goes into each design and how everything is different and em what mattic of the current times and the influences the art as well as on physical presence of cars like this. >> i guess the hope here is that art collectors become car collectors or maybe the art collectors will discover the artistic beauty of cars. do you think that's going to happen and are you worried at all about what's happening with prices? a lot of people talking about bubbles both in art and cars? >> well, in this market, you present the best possible cars you can find with the best histories and they speak for themselves. we always encourage people to buy what they love and from there, the market decides for itself. >> got it. and you're expecting from here prices will go up, you think, even after this? a very strong he level of interest as new collectors come into the hobby and that's usually a good sign. >> more millionaires, fewer cars. formula for higher prices. back to you. >> robert, thank you very much. that's very, very interesting stuff. love that show, top gear, by the way. there's been seven cases of meningitis at princeton university and u.s. officials are considering an unprecedented step, bringing in a non-fda approved vaccine from switzerland to administer to the students. the labor department says women have recovered all the jobs they lost during the recession, but what about men? that's all in today's power rundown coming right up. in a world that's changing faster than ever, we believe outshining the competition tomorrow requires challenging your business inside and out today. at cognizant, we help forward-looking companies run better and run different - to give your customers every reason to keep looking for you. so if you're ready to see opportunities and see them through, we say: let's get to work. because the future belongs to those who challenge the present. [ bagpipes and drums playing over ] [ music transitions to rock ] make it happen with the all-new fidelity active trader pro. it's one more innovative reason serious investors are choosing fidelity. get 200 free trades when you open an account. in today's finance question of the day, as the s&p surpasses 1800 and dow tops 16,000, hitting fresh record highs are you buying in? 28% say we're going higher, 52% say no, i'm not buying in but i'm keeping my money in and 20% say nope, i'm rebalancing, taking profits. see what's coming up on "street signs." >> happy monday, everybody. top of the hour, reported acquisition by apple that may not just be any old acquisition. may have bigger implications than we think. we're going to dig in op that one. if you're a parent and just do not know which video game system to buy this season, we're going to line up the new play station against the xbox. and does charbucks sound familiar? starbucks did. we have the coffee company owner that sells the charbucks blend. lots more, guys, action packed hour on "street signs." back to you. >> all right. mandy, thank you very much. dow 16,000 is likely to keep retirement investors confidence on the rise. it's been on an upward trend according to a report by financial finesse. last quarter pre-retirees said their cash and debt management improved due to the fact that they are more aware of their savings shortfalls. that awareness caused a near 10% hike in fear over not being able to reach retirement goals. the economy and health care are among the top worries and although market confidence is up, it's future remains a concern. the report does warn that investors should watch out, market highs could lead to a more lax attitude leaving savers over exposed to equities as they get closer to retirement. >> thank you very much, sue. the vitamin shop added to the conviction buy list over at goldman sachs. the firm citing the industry's recent track record for growth and momentum. sony selling more than $1 million of its new playstation 4 gaming consol soles on friday's first day of sales. hear more about that in the next hour on "street signs." as they go head to head with the consoles. united health is said to have dropped thousands of doctors from its networks in recent weeks. according to the "wall street journal." there you see united health down a little bit. sue? >> ty, thank youp. the dream force cloud computing event is under way in san francisco. we'll have a report from there in 30 seconds. dream force is under way in san francisco, the biggest cloud computing event this year. jim cramer has been speaking to some of the biggest names in that space on a special edition of "mad money" tonight at 6:00 and 11:00. here's how some of the companies have been performing over a one-year period. yelp shares surging 300%. concur technologies and work day up 50%. jim isn't the only guy out there. josh lipton is live at dream force. tell us about the event, josh? >> yeah, sue. i keep getting these gruelling assignments as you can see. i'm here at dreamforce in san francisco. we're going to have a lot more about this event as well as a preview of sales force earnings, all that when "power lunch" returns. 0 power rundown time. joining us, sue and seema, let's start with princeton. the university could decide as early as today on whether to distribute novartis meningitis vaccine to students. the vaccine not approved in the u.s. but the fda is apparently going to give special permission to the school to administer it following a meningitis outbreak there. so should, seema, the school give out a foreign vaccine, the wrinkle here is that the traditional vaccine doesn't protect against the particular strain at princeton? >> right. some of the health care experts i spoke to say that the european approval process is rigorous for safety so this might be a good option, actually, for the students. >> why, sue, are we so far behind on something like this? in other words -- i don't know whether we're so far behind but we vice president approved it and it is approved apparently in europe and australia? >> yes. it has been approved in australia. it's widely used in europe. you know, i don't know that we are, quote, so far behind. however, there has been some finger-pointing at the administration and fda that perhaps they aren't as efficient as they could be at approving vaccines that show efficacy for certain ailments and i think they should allow them to give it to students at princeton because meningitis is such a dangerous affliction and it moves very quickly. >> yeah. >> apparently 7 kids at princeton have had the illness over the past six months or so. >> very frightening. >> a particular toxic variety that usually vaccine doesn't help. not exactly clear whether the european one does protect it either, but now it's going to apparently be in the hands of the university to decide. labor department, women says women have finally recovered all the jobs last during the recession but men have not. the "wall street journal" reports that a record number of women, 67.5 million, are working today. that surpasses the peak back in 2008. women are recovering faster than men. why is that, sue? >> well, part of the reason is because some of the men that were laid off were in higher paying positions and as a result of that, they are probably the last to get rehired in an economy that has become a little tighter in terms of the pay scale. in addition -- i'm glad to see that women have recovered those jobs lost in 2008, 2009, however a number of those jobs were lower paying jobs and/or part-time jobs. so it's good news, but i think we could get better news. >> i would think too, seema, one reason to explain it would be that women work more largely in the service sector of the economy whereas men work in manufacturing, construction, areas that were hard hit and haven't come back as much. >> women have catered to a variety of industries and that versatility has worked in nare favor and one of the reasons why women have recovered more jobs since the recession. girl power in general. >> exactly. >> las vegas sands chairman and ceo adelson launching a campaign, spent liberally on conservative candidates last year during the election, he's now campaigning against on-line gambling. saying it's a danger to society and could hurt traditional casinos. he's particularly worried about the effects on the vulnerable, lower economic folks and children. seema, this, with all due respect to mr. adelson and his motives may be pure here, but he has got a big ox he doesn't want to see gored and that is traditional casinos. >> absolutely. and i wonder if we can draw similarity to what's happening in the on-line shopping space as more consumers use e-commerce sites to take care of their shopping needs, what that has done to shopping malls. the different the entertainment values the casino provides. the social aspect and free dinks. who can say no to that. that can't be compared to that on-line gambling experience i would think. >> they're thinking about doing on-line gambling in new jersey where the casino business is struggling like crazy. >> yeah. atlantic city has really been hit with a one-two punch first with sandy last year and ten, of course, it really has not been able to make any headway and that is the gambling mecca of new jersey. you know, i think mr. adelson's motives may be two fold. i agree with you, ty. perhaps we shouldn't have on-line gaming for the reasons that he cited. however, i do think that his interests with the very large casinos that he has basically kind of outweighs that. >> didn't you think, sue, seema looked good with the pitch fork earlier? >> i think -- how could anybody put a pitch fork in that girl's hand? >> nicest girl in the building. >> come on. >> the other day we had her as fear. give the girl a break. >> i have a little devil in me. >> maybe a little. >> sue, you why teatease away. the dow still above 16,000 when we come back. don't miss jim cramer on "mads money" from the dreamforce event in san francisco. jim has a roster of tech ceos he'll be speaking with at 6:00 and 11:00 p.m. eastern. back in a minute. opportunities aren't always obvious. sometimes they just drop in. 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. let's get you up to date. t the dow jones industrial average above the 16,000 mark, up 42 points. the s&p is basically almost at the 1800 mark, we're at 1799.23, up just a fraction on the trading day by a percent but nonetheless across that 1800 mark earlier. precision cast is up 3.5%, abercrombie fitch, up 2.25% and almost a half a percent gain for jabill circuit. >> that will do it for "power lunch." >> "street signs" begins now. ♪ there must be a lot of love out there because we're being lifted higher and higher. the dow powering through another big round number. what, if anything can stop this run? your other hot topics on "street signs," did we just get a big claw about the future of an apple tv? a small deal that they reportedly made that may have big-time implications. if you're buying a video game system we