Weather. What does it mean for the airlines, for business . We have the flight line from east to west, north to south covered. Well have a forecast for you in one minute. There is evidence today that investors may be pulling out of the Housing Market. What might that do to prices . Plus, a controversial study from canada regarding mammograms. Is this really a Cost EffectiveFirst Defense . And we will go live to sochi, folks. Lets go over here. Why not. The big game of the day, womens hockey. The u. S. Taking on bitter rival, canada. The u. S. Jumped out to a 1nil lead but the canadians came back. They won the game. They went ahead on a controversial goal, the whistle blew but the refs allowed it anyhow. Canada 3, usa 2. We will take you live to russia coming up. First to sue at the nyse. We will start with that weather forecast. Heres the weather channels tom niziol as we get set for what could be a real whopper. Phase one of the winter storm produced ice and snow across the southeast. Phase two going up the east coast for the major northeastern cities, it will be mainly a snowstorm. Let me show you how this will play out. We brought you a couple computer models, one that tracks the storm near the coast which brings more of a wintry mix, warmer conditions along the i95 corridor. If the track storms further east, its more of a snow event for major metropolitan areas. If we take a look overall, there will be a lot of snow coming down all the way from washington, d. C. Through philadelphia up through new york and into new england. As much as 12 to 18 inches in some areas. Very big snowfall differences from the east side of d. C. To the west side. The same goes for new york city and running up to boston as well. So we are going to see once again major snow event for a large population, tens of millions of people, for the second part of the storm this will be late tonight through thursday night into friday morning. Stay tuned. We will keep you updated. Back to you. Thank you very much. Oh, boy. I am so done with winter. Tyler is so done with winter. Bill griffith is so done with winter. Phil lebeau is, too. What does it mean for the airlines, phil . Reporter just look at the map. You can see where this storm is at and where it is headed. Its hitting all of the major hubs. We talked about this over the last couple days. Going through atlanta, thats clearly impacting delta. As it moves up the east, you have a number of the Major Airlines who have hubs in d. C. , new york, boston. So far, this storm the havoc its wreaking is primarily in the south and southeast. Atlanta has canceled more than twothirds of its flights today. Charlotte canceled more than half its flights. Here are the latest numbers. These will likely continue to grow throughout the day. According to flightaware. Com, 3266 flights have been canceled. Keep in mind, about 30,000 flights for the entire u. S. In a day, so more than 10 have been canceled. You see the delays, more than 4,000. Not surprising that delta has been the most impacted airline. As you take a look at the chart of delta over the last month, i get this question a lot from people, its been a terrible winter for the airlines. Why are these stocks moving higher. Its because its bad for all of them. Its bad for all of them and eventually it will improve and investors are looking through the storms right now. They sure are. Wish we could look through the storm. Thank you so much. Breaking news in the bond market right now. Its the ten year note today thats up for bid. Rick santelli is tracking the action at the cme. What was demand like . Reporter the demand wasnt too bad. I gave the auction a bminus. Some of my trading colleagues thought more cplus. I want bminus and ill tell you why. Yes, 24 billion tenyear notes and we will reopen it two more times in successive months ahead. The bid to cover was 2. 54, thats definitely a little light. 2. 65 auction average but it priced at 2. 795. Which was exactly the offer side of the market so in that regard it priced somewhat tight. All the other metrics, indirects, directs, went right around, even slightly higher than the average but a bminus auction. Big concession, rates are up. Tomorrow is the last of the auction. 16 billion 30 year bonds. Back to you. Lets go up to dominic chu for a market flash. Check out pharma cyclics. A drug approved to treat leukemia, stock shooting up 3 , session highs. Back over to you. Thank you very much. The heavy snow in the east, drought in california, some say it is the worst drought that state has had in a century. The only real solution obviously is steady rain. There is an irrigation effort and an irrigation industry out there. Jane wells is live in california. Reporter you know, maybe you can buy one of these fancy new sprinkler heads but what if you dont have any water to go through it. This is the largest outdoor ag show in the country, 100,000 people expected. At a time where this is the hardest hit area of the drought. The governor is expected here any minute, the president will finally be visiting this area on friday. Farmers here grow about half the nations produce. They are looking for ways to stretch every gallon of water, better sensors, irrigation. From publicly traded Companies Like trimbull, that stock up over 10 on a strong quarter. An Israeli Company sells drip Irrigation Systems which can cut water usage in half and sales are up double digits in a year. Is drought good for you . Drought is good to a point. When drought draws growers to be concerned about their future, about the ability to have any water at all, thats not a good thing for the industry in general. But when we have a relatively dry year, it can drive some increased demand for sure. Reporter with some farmers letting a third of their land go fallow, well drillers and suppliers at the show are complaining of too much work and a fear of running out of parts. Tyler, well be back in an hour with the impact on consumers. Back to you. Thank you very much. Several companies in this space are public. Trimbull up 9 in the last month since this drought really became a crisis. Lindsey up almost 6 . There you see Valmont Industries trading lower over the past month. Indeed. Theres a lot of differing data, as you well know, on home prices. But one big real estate watcher is saying today that the big money investors, well, they may be getting out of the game. Heres diana olick. Reporter investors both institutional and individual put a floor on home prices and put housing into recovery, no question. Now the concern is when will they dump out and what will that do to the market. More than 100 Real Estate Experts and economists were surveyed and asked just that. 79 of them said that if Institutional Investors who bought close to 200,000 homes started selling their properties this year en masse, there would be a significant or somewhat Significant Impact on markets that saw the most distress. But the survey also asked when they thought investors would start to bail and the vast majority said not this year. 57 said three to five years from now, and 33 said six to ten years from now. Just 4 said investors would sell this year. So theyre not selling but we do know investors have slowed down their buying which is already causing some scary results. Take phoenix, where sales are down 17 year over year and supply is up 30 . Thats going to hit prices hard. Guys . Thanks very much. Lets move on to the investing edge. The dow right now as you see down about 40 points. Nasdaq with a small gain. Sheila dharmarajan is live at nasdaq reporting on which stocks did best after that recent dip. First, to seema mody on what may actually be lifting the markets off the lows. That is earnings. It might be earnings. Strong earnings driven by two sectors with companies not only beating expectations but reporting a notable jump in sales growth. The winner is technology and Consumer Discretionary. The average Sales Growth Rate for tech is 5. 4 which is higher than the s p 500 average of 1. 1 . Three major catalysts, i. T. Budgets are coming back, a pickup in the european economy and lastly, the adoption of digital. According to neilson, americans on average now own four digital devices. Some of the tech allstars that have posted double digit Revenue Growth include facebook, google, Electronic Arts and Consumer Discretionary is realizing a 4 rise in sales growth. A gradually improving u. S. Economy resulted in consumers spending more on autos, the Housing Market has benefited from this. D. R. Horton posting double digit Revenue Growth this quarter. Companies who have not reported yet include cisco, whole foods after the bell, pepsi and Discovery Communications tomorrow. How many digital devices do you have . I was thinking about that. I have about five. Tablet, p. C. , my laptop, two phones. It depends how you measure the household, what you call a digital device. To sheila on stocks that have come off their lows since last weeks drop. How many digital devices do you have . Reporter i was actually just thinking about that. I think as a household we probably have closer to eight or ten so we are definitely on the heavy side of that. But lets talk about stocks. Because we are definitely seeing a rebound after we hit that 3 1 2 month low last week. What exactly are investors buying . We sliced this up a couple different ways. If you take a look at an Overall Index basis, right here at the nasdaq, the nasdaq 100 is outperforming the s p. The russell, pretty much all the indices, up about 5. 3 since hitting that low last week. You have a lot of those big momentum names like tesla, regeneron, Green Mountain coffee helping lead the way. On a sector basis, this is interesting, s p 500 Consumer Discretionary sector, also the materials sector, its whats really led the way from the bounceback last week. Both of those individual sectors up more than 5 . Finally, on an individual stock basis, it is all about earnings, earnings and earnings. You have some really big earnings winners. Akamai technologies up about 30 . Michael kors was another big winner. How do you read all these tea leaves . What do you make of what investors are buying . I have been on the phone all morning talking to traders and economists about this. Right now, some mixed signals. The fact we are seeing outperformance at the nasdaq 100, pretty good sign. It means a Risk Appetite is still out there. This is a very techheavy index, biotech has been a strong outperformer. But the fact that we are seeing such strength in Consumer Discretionary and materials, little bit more of a mixed signal. Traders tell me you like to see a lot of strength in financials isnt what were seeing. Finally, when talking about all the earnings winners, look, we have been talking a lot how this is a stock pickers market. Those winners could just be the perfect indication that investors just arent willing to let companies have a free pass when it comes to earnings. They really want to see that top line growth. They really want to see strong performance. The fact that we are seeing earnings outperformers really winning the market could be a sign that investors are just getting choosier, not willing to just ride along the overall market wave. So a couple tidbits on whats winning in the past couple weeks. Sheila, thank you very much. In just a few minutes, we will have more from eamon and see how your employer is tracking your data trail and what they are doing with it. Plus, disaster at the National Corvette museum. That would define disaster there. Wait until you see more about that. And josh on the controversy in the city by the bay. Josh . Reporter yeah, tyler, high tech workers need to watch out, not from hackers but people who hate their buses. People are upset. We have been close to violence. Thats coming up next on power lunch. Tdd 18886486021 out there. In here. Tdd 18886486021 out there, tdd 18886486021 there are stocks on the move. Tdd 18886486021 in here, streetsmart edge has tdd 18886486021 chart pattern recognition tdd 18886486021 which shows you which ones are bullish or bearish. Tdd 18886486021 now, earn 300 commissionfree online trades. Tdd 18886486021 call 18886486021 tdd 18886486021 or go to schwab. Com trading to learn how. Tdd 18886486021 our trading specialists can tdd 18886486021 help you set up your platform. Tdd 18886486021 because when your tools look the way you want tdd 18886486021 and work the way you think, you can trade at your best. Tdd 18886486021 get it all with no trade minimum. Tdd 18886486021 and only 8. 95 a trade. Tdd 18886486021 open an account and earn 300 commissionfree online trades. Tdd 18886486021 call 18886486021 to learn more. Tdd 18886486021 so you can take charge tdd 18886486021 of your trading. Welcome back to power lunch. Thompson reuters is sliding after the global news and Information Company reported a steeper than expected drop in Fourth Quarter profits hurt by cutbacks at Financial Institutions and europe and emerging markets. It also said sales would be flat in 2014 so those shares down on todays session. Couple of Pretty Amazing pictures from inside the National Corvette museum which is in bowling green, kentucky. Who knew there was a corvette museum, but there is. A sinkhole it is suffering from, and that is to put it mildly. Motion detectors set off a security alert and there you see what happened. Heres another picture. No word on the damage yet but it does indeed look pretty bad. After three decades of watching foreign auto makers set up nonunion Assembly Plants in the southern United States, the uaw is trying to organize in chattanooga, tennessee. Today through friday, more than 1500 workers at a vw plant are casting their votes, union yes or union no. If the uaw succeeds, the plant will become the first foreign automaker in the south to unionize. We have a cnbc executive with the president of the auto workers union, bob king, about that vote and that will be on the closing bell today in the 4 00 p. M. Hour. Sue . A feud is simmering in Northern California but not the typical feud. Many high tech workers there commute on company buses. People living in those neighborhoods have come to resent those buses and the tech executives and workers that ride them. In some cases, there have been threats of violence. Josh lipton is live with more on the fight over the san fran commute. Josh . Reporter yeah, every morning on street corners like this one in San Francisco, tech workers Board Private shuttles bound for google, apple, facebook and others, but Community Activists see it differently. They say that buses are really representative of broader trends here like gentrification and income inequality. Am i mad, yes. I am mad about it. Im mad at the obliviousness and mad at the lack of care. Yeah. Im not the only one thats upset, okay . Reporter San Francisco is booming but that wealth has created tensions in the city as wellpaid tech workers move to San Francisco. The cost of living in this city has skyrocketed. Home prices and rents have shot higher. Many longterm residents of the city have been forced out of their homes. Evictions are up 40 in just the last three years. The Business Community counters that home prices are surging but they blame that increase on a lack of housing inventory. Jim lazarus of the San Francisco chamber of commerce makes another point, tech is a job multiplier, he says, meaning that every wellpaid engineer is supporting restaurants, retailers and personal services. Big tech will tell you they try to be a friend to the community. Google, for example, will point out that millions of dollars it has donated to nonprofits and says it looks forward to doing more. Sue, back to you. Josh, thank you very much. Well watch that story because its obviously going to continue to develop. Diggers finding a time capsule 30 years after it was planted by former apple ceo steve jobs. More on whats a fascinating discovery from kcnns editor in chief. Thanks for being here. Nice to have you. We understand mr. Jobs was speaking at a conference in aspen and they put together this time capsule and buried it somewhere in a field in aspen. How did they find it . They buried it in 1993 with every intention of digging it up in 2000, then they lost it. The National Geographic show diggers went after it. They will reveal the content later this month. Cnn got an exclusive preview of the video. Its pretty cool. It looks like it. We are looking at a picture of the time capsule which honestly, it looks like a much bigger time capsule than or the encloseure of it than i thought. There must be thousands of items in there, including i guess his mouse. Theres a lot in there. There were items from all of the attendees at the conference. This entire design conference, they all put something in. Theres a sixpack of beer in there. Its probably not good anymore. Steve jobs included the mouse. Whats so cool about the mouse, its not only is it apples first mouse, but its the mouse he used to give a presentation at the conference and the presentation itself proved to be extremely prescient. Very interesting. I know you will air that episode of diggers later this year. We are looking forward to it. Its a great story. Thanks for joining us. Thank you. That was some valentine ale in that time capsule. Looked like it. Its probably still good. Its been under ground, its probably been cool. I