Transcripts For CNBC Power Lunch 20150129

The biggest surge ever is if the sign of a bubble, a frothy market . Containing the measles in america from california to the midwest. Measles are back. What you need to know to protect your family. All that and more this hour of power. First, to sue, at cnbchq. Stocks under pressure today, all about earnings. The impact of the strong dollar the continued drop in oil, and so lets get you up to date on numbers with the Dow Jones Industrial average now in the green by about 43 points. Nasdaq composite down 12 and s p 500 is fractionally lower less than a tenth percent. Mcdonalds is higher after replacing its ceo, and boeing continues higher after the strong earnings. In the commodities sector, oil is the big story this hour. Crude hitting a six year low, dipping below the 44 per barrel mark, and brent held up better than west texas intermediates high. Thats what they watch this hour. Thank you, sue. Crude in the 40 a barrel and now they are feeling the pinch and pain and smart money smells of major investing opportunity. Kate kellys looking at how and where hedge funds dive into the beaten down sector. Kate . Thank you so much tyler. Oil hit the skids, dozens of hedge fends and privet equity firms jumped in to pick tarnished gems that bounce back when Oil Prices Recover or picking up the bonds issued by companies with goose assets that pay out in full eventually or perhaps provide a chance to own equity at bargain prices through a bankruptcy process. Take a look at players involved. Avenue new capital, the distressed investing specialist began Rising Capital in june. Carlson capital, dallas investor announceing three now funds in december with different strategies, and most recently blackstones gso capital unit the private equity firm but this is the Debt Hedge Fund unit out trying to raise up to a billion dollars for a new Energy Focused Fund to trade Debt Securities part of the calculus this is a once in a lifetime opportunity in a distressed sector, and according to Hedge Fund Manager Jason Mudrick devotes 20 of the 1. 2 billion in assets to energy this year one certainly that we have not seen in a number of years. This is the largest supply of distressed credit that the markets seen since the 2008 and 2009 crisis. Its more interesting in that its industry specific and you can do a deep dive in what drives the cash flow of the businesses long term. Stock picking depends on the world view on how and when the Oil Prices Recover and which are the best managed companies the market undervalues. Bonds are complex. Look for attractive assets. In this case for example, mature oil field appeal to him and oil spots like the gulf of mexico where the bonds trade on cheap. If the companies recover, you get fully fade is the thinking but if chapter 11 is in the future, you get equity and control the company at rock bottom prices. Nosethose guys who play in the distressed bonds make a tremendous amount of money. Absolutely. Thank you. Dom, market flash. Royal dutch shell, stock moves lower on news they are slashing spending by 15 billion in three years because of lower oil prices. Those sharings as a result are down 3. 5 on days trade. Back to you. Thank you very much. Breaking news in the bond market now, seven year note off the board. Rick santelli has the grade. A treasury doubleheader today. We auctioned off 29 billion seven year notes, deal at the auction 1. 59. Look at the high yield and one issue market it was 158. 5. It tailed a bit. A bit to cover less than average, 56. 1 on indirect and 14. 9 on directs, below average. Cminus the grade, down with the supply with regard to initially, lets see how it trades on the secondary market. Tyler, back to you. Rick thank you very much. A number of oil related companies out with related earnings, heavy on energy here in the top of the broadcast. Lets start with Conoco Philips earning 60 cents a share. That was a penny above estimates. The company cutting its cap x spending this year by 2 billion because of lower oil prices. The stock down 10 already this year. Oil and nat gas occidental Beat Estimates up slightly amid falling prices but still expects to pump more this year. That stock down 6 so far in 20 16, and phillips 66 tops expectations. The reminer benefitting from the flood of cheap oil. U. S. Refiners have been sucking up as much as the inexpensive crude as they can and turning it into gasoline, diesel and other fuels. There you see phillips up a little bit today. Sue . Ty we have earnings from two american icons, ford and harley davidson. Both companies posting mixed results. Strong dollar with a bite out of the krultresults, and phil lebeau is looking into this. Phil . . Ford had a case of beating the street in terms of the bottom line beating the street by 3 cents earning 26 cents a share. Overall, look at the Fourth Quarter and all of 2014 yes, the Fourth Quarter posted better than expected earnings and the revenue coming in at 33. 8 billion, a little bit light on the revenue side because youre looking at sales being impacted by the f150 transition there. It was a fluff ford 2014 any way you look at it for ford. Lower sales in part because of the transition to the new f series. You had europe and south america continuing to be a drag. In fact, the guidance for europe for next year well talk about that in a bit. You had higher commodity costs. All at the time the company transitioning to set itself up for 2015. We said more than a year ago this year was going to be somewhat different than the previous four, and that we were going to see a lot of launch effects from a very aggressive in fact unprecedented introduction cadence of products last year. We delivered that and delivered one more and so we are well positioned going into 2015 for growth. Well have more products that we launch this year. We are set up well for a strong 2015. And when you look at shares of ford, over the last year, remember, they already guided the market lower several months ago, and thats why the stock is basically trading in the 13. 50 to 14. 50 and 14. 75 range. Been like that the last couple months. 2015 is the focus, guidance profit of 8. 5 billion to 9 billion, substantially greater than 2014 greater cash flow and, finally, european woes continue. I mentioned europe was a drag in 2014, sue and tyler, this year they expect a loss greater than the 250 million they previously guided the street to expect. This is a case where they continue to struggle their. They got a plant closing down in 2016. Thats the issue they are facing this year. Thank you, phil, appreciate it very much. Morgan is here following harley davidson, strong growth but at a cost for the company. It did. Fourth quarter earnings beat by a penny, and revenue missed because of the stronger dollar. On the earnings call, the management referred to currency as, quote, a big head wind despite the hedging program. That continues to expect as dollar stength pressures revenue, and with it margins have a 4 to 6 increase in shipments this year. This is why its crucial. The motorcycle manufacturer has expanded beyond core american baby boomer male demographic since the downturn. That means targeting millennials, women, africanamericans here domestically, but new markets overseas pushing aggressively into europe latin america, and asia, especially china and india india, and thats where harleys growth comes from. Shipments abroad are more than onethird of the companys total, and q4 retail sales up 9 internationally. Thats versus being down 1. 6 domestically. New bike models have been successfully geared towards these customers as well. Three out of four motorcycles ridden in india now, harley street bikes. While the companys building market share abroad one reason the stock is up more than 3 today, the dollars under cutting that growth, and harley is not alone. Polaris industries is forecasting a slower 2015. Thats thanks to currency head winds as well. Specific specifically, the dollar makes exports more expensive. Nonetheless look at the share in both companies, both higher in trade today. They are. Appreciate it. To dom for market flash. A tale of two defense contractors, raytheon is lower after posting 2015 sales below forecast as orders fell. The stock is done 6 . A different story here for northrop they gave full year profit forecasts beating wall street estimates up by. 5 . Back to you. Thank you very much. The ruble is crumbling, trading at 69 against the dollar, near the historic lows of december 20 14. Look at rsx, the etf that tracks publicly traded Russian Companies way down this year. Over the past year down 41 percent. Cnbc is getting a major exclusive with russias finance minister live in moscow. Hi, jeff. Reporter hi, tyler. Well, the rubles going to have an interesting start to the week here. The russian finance minister says a number of things that could be pertinent to the way the currency trades. We have a Central Bank Meeting tomorrow. Interest rates at 17 here and they will lift it to defend the russian currency. He has suggested that these rates are too high and no longer appropriate given the decline in volatility. He thinks weve seen around the currency. He added, though at the back end of those comments of course, the central bank is independent. Well wait and watch to see what happens tomorrow. The other area where hes put the cat among the pigeons is on greece suggesting the russians would be open to the greeks approaching them if they wanted finance. Now, that is going to be complicated. We currently have Foreign Ministers in europe sitting down talking about a fresh round of sanctions against the russians and the greek, the new greek left wing government, has expressed, perhaps, its opposition to any further sanctions, so if the russians are now extending an olive branch to the greeks, i wonder how much unity there will be on a new round of sanctions. Lets just listen to what was said to me when i asked the question about whether they would be willing to talk to the greeks. Translator if such petition is submitted to the russian government, we will definitely consider it but well take into account all the factors of our bilateral relationship between russia and greece. Thats all i can say. If it is submitted, we will consider it. Reporter well, so let me send it back to you on this. We now have a figure as to how much damage was done to the russian economy last year. 200 billion, said the finance minister, although, he said most of that was down to oil, only about 40 to 50 billion dollars according to their calculations from the new sanctions. Back to you on that. All right, jeff, great work thank you so much. Fascinating story. Big miss on home sales, how the American Housing markets is loading up in 2015. Containing the Measles Outbreak in america, from the california to the midwest. How to protect your family and yourself. Financial noise financial noise financial noise coach stock rises on Company Earnings beat, but the profits continue to decline. Kate spade declining after jumping 40 . Alibaba, shares plunge more than 10 , they miss analysts estimates, their worst trading day since the 25 billion ipo back in september. Shake shack prices an ipo tonight at a range of 17 to 19 bucks a share. The stock trades friday under the symbol shak. Sue . Ty to the American Housing market right now, and a big miss on home sales. So just how is Housing Holding up so far in 2015 . We are joined live in washington with details on that hi dianna. Reporter hi, sue, the readings are from september, but future indicators. Pending home sales down 3 from a downwardly reviced reading. There are slight gains to buy existing home telling us closed sales two months from now will be weaker. We got the reading on Home Ownership followalling to 63. 9 . Last time it was that low was 1994, over 20 years ago. Its been falling steadily for two years, and this drop was large from 64. 3 in q3. There does not appear to be leveling off at all. On the bright side one of the nations largest builder beat the street on q4 earnings and richard noted increase the buyer traffic in november and december amid low gas prices mortgage rate, and improving jobs. There was a jump in newly built homes. That report out yesterday based on signed contracts. The builders could be off to a good start, but the rest of the market not so much. Tyler . Actually i think sues going to take it but ill do it what the heck market flash. Lets continue what she spoke about. The Home Builders moving higher despite the drop in pending home sales today. Pulte posted better than expected result leading to gains on homemakers like lennar and kb home up on the day despite pending home sales disappointments. Thank you. We are going to washington with breaking news for us. Reporter hi, sue, u. S. Senate just voted for closure on the keystone xl pipeline cutting debate and moving forward on a vote with a final passage later on this afternoon as expected. Now, the president is likely to veto this bill so the question here is going to be whether or not they can get a veto proof majority. That looks up likely as well. Still, the Republican Senate now moving forward on the keystone xl pipeline, part of a long running political feed between democrats and republicans in washington sue. All right, thank you very much. Itll be interesting to see how that unfolds. Coming up meet the other Russell Wilson. He gets paid to take hits for the seahawks quarterback in commercials. His story is straight ahead on power lunch. Also ahead . Massive homes, hockey teams, and antique teddy bears worth millions. A few of the things conmen stole with stolen cash. Thats coming upright here on power lunch. Welcome back this is the cnbc market flash. This morning, changing the definition of broadband with download speeds of 25 megabits per second, up from the previous definition of 4 megabits per second. This could have implications for the approval of Time Warner Cable because under this definition a larger personality of american families, by some reports as much as half are reliant on a single broadband provider. Comcast, the Parent Company of cnbc disputed that. Twitter is in focus as founder and the board member jack dorsey takes to a tweet storm saying quote, theres not a Single Person who has been thinking longer of twitter than him. Shutting down questions about whether costolo will be pushed out of the ceo role. Tyler . Thank you very much. A case that blew away investigators, a half billion Investment Scheme and stolen cash was used to buy teddy wear bears. Andrea day has the story. Reporter lived the high life but all of the cash came from a massive scheme. Paul greenwood and steven walsh were high profile millionaires. They lived the good life. A life so good buying millions worth of antiques and teddy bears was a drop in the bucket. Ive seen a lot, but teddy bears were the first. Majestic one more filled with more luxury than the next. Walsh lived large, and while raking in big bucks, they had a secret they did not want exposed 3 zblp this was a scam. Over 7 billion solicited from investors, and hundreds of millions were lost. Reporter according to court documents, the duo had a securities business worth billions and shows slow steady returns drawing in hundreds of high powered investers. Danya perry, Southern District of new york. Told the Institutional Investors they would be investing the money according to a very conservative low risk strategy. But she says investors had no idea that large amounts of cash were going to a Shell Company, opened by greenwood and walsh called wg trading investors, than company was being used as a personal atm. I just thought that was the crazyist thing seen. We had Something Big when i saw it. Reporter jennifer with the National Futures association, or nfa, a selfregulatory organization for the futures market. It was about 8 00 million in asset, and, again, at the time they were only able to account for a hundred million of that. It was a huge amount of money. Heres how it crumbled. The nfa uncovered funds invested in the Shell Company owned by greenwood and walsh. That company was not registered with the nfa, and most of the 800 million balance had been withdrawn by the two men. They invested in the new York Islanders with inve vesters funds. The men were spending the cash almost as fast as it was coming in. They lived in beautiful houses in very upscale communities, multimillion dollar houses. They had access to ominous amounts of cash and took money when they wanted. It was taken out of the firm. Mr. Walsh took money out for real estate. For personal expenses. Greenwood bought a horse barn once owned by paul newman. Putting millions of dollars in. Thats not all, spent millions on an antique teddy bear collection turning this part of the home into a bears den. I thought the room of teddyies was unusual. They were seized by the authorities and auctioned off. They cooperated with prosecutors pleading guilty to six charges. As for walsh, he wound up pleading guilty to securities fraud hit with 20 years in prison. Both men turned down a request to talk. More than 90 of the initial investments in this case were returned. Thats because the men actually made some good investments. Listen to this according to the fbi, the duo was busted before one state was about to make a hefty 1 billion into wg. Back to you. Wow. Andrew ya thank you very much. A wild day in the metals markets, down 32 on the trading session, 2. 5 , silver and plaid palladium seeing moves, and theres the silver market down 7 . The platinum narcotic yum market down 3 , and copper down as well. Lets go to dom for the market flash. Thats right. Continuing the theme in the daily check, the gold mining stocks on the heels of the prices you see gold mining stocks all moving to the downside. Those companies, of course leverage to the price of gold so again, gold mining stocks, juniors and major minors moving down on the trade. Dom, thank you. Bond market in chicago, Rick Santelli is tracking post action market for us at the cme. Hi, rick. With two onyxauctions under the belt, five years off, not a lot of action with regard to the auction. All yields higher because of the big punch down in yields, especially long yesterday after the feds statement was digested a bit. Two week chart of ten. We see that the january 15 low 20 month low closing at 271 is still left unchallenged. That could be the last cog in the game of lower yields. If we look at a two day of the dollar index, it is definitely doing a little bit better although it really still isnt making anymore historic pushes against the euro which is at the very best considered treading water. Tyler, back to you. Mr. Santelli, thank you very much. Weve been told the measles had been eradicated. I them back in the early 60s, but this chart is another story. Its alarming california to the midwest, maybe measles are back. Theres the history of measles cases in the United States. Well tell you what you need to know to protect your family next. Todays power house is home to the nations largest airport by area. Dish network is headquartered here and it is the only city to turn down the olympics. Can you name that city . Recently, a 1954 mercedesbenz grand prix race car made history when it sold for a record price of just under 30 million. And now, another mercedesbenz makes history selling at just over 30,000. And to think this one actually has a surroundsound stereo. The 2015 cla. See your authorized mercedesbenz dealer for exceptional offers through mercedesbenz financial services. Your old 401k is rolled over into a Td Ameritrade ira. Yes so no set up fees wooh yeah so i get help from rollover consultants . Wooh yes no rollover hassle. Great. Woah oh, were spiking things, robbie. For all the confidence you need. Thats better Td Ameritrade. You got this. This is power lunch, shares of Stanley Black and decker up and tool maker posted better than expected quarterly profits helped by cost cutting and sales growth in emerging markets. As a result, tyler, shares up 6 today. Back to you. Thank you. Record number of ipo filings, but are investors getting a biotech hangover . Tyler, biotech is on an incredible run and the question is when does it end . The index returned more than triple the s p 500 in the last three years. 2014 set a record for ipos blowing out the big bubble year of 2000. This year, so far, the momentum continues. This week, as you mentioned, Ten Health Care Companies Plan to go public on the nasdaq and three start trading today. Last week, Bio Tech Companies raised 2. 6 billion in offerings, and analysts and investors tell me at some point the market will not absorb more deals, but they say it does not look like were there yet pointing to a couple things driving momentum. Fda approved 41 new drugs, a record number, acquisitions on a tear and Technology Particularly in genetics vastly improved. President obama has even invited the heads of research of several drug makers to the white house tomorrow to discuss plans to improve health and treat disease. Theres questions withoutabout the end to the run, it wins the day. Interviewed eight ceos this month, and only two said that were in a bubble. All of them expect biotech to out perform the Broader Market in 2015. Meg, thank you very much. Sue . A lot of us thought measles was eradicated, but these charts tell a different story. See the steep drop off in the year 1963 . Well, that was the introduction. Measles vaccine, and the disease was nearly wiped out in the following years. Look at this one. Here are measles cases in the last decade. Look at 2014. Huge spike. Its back. Its spreading from california to the midwest, and maybe beyond. Right here in the usa. Joining us dr. William shaftner Vanderbilt Medical School and foreigner president of the National Foundation of infectious diseases. A pleasure to talk to you. Hi sue, bad news about measles. It is. It used to be the vaccination provided a herd immunity but as the number of unvaccinated people becomes bigger it gives the disease more portals, if you will, does it not . Caller thats exactly what happened. You know, this vaccine is so good we eliminated local measles in the entire western hemisphere. However, if there a lots of unvaccinated children as there are now, measles can be imported from abroad get into those populations, and then spread. Of course, thats whats happened with the disney outbreak which is now seeding around the country and secondary outbreaks are occurring. Do you get the sense that were peaking at all, or do you think the numbers are going to get much worse . Caller oh, measles is so highly contagious and sufficient unvaccinated children, were going to see more for a while. People do not realize how serious measles is. Before we had vaccines in the United States each year, 400 to 500 children died. I say died of measles and its complications. This is not a disease to fool with. The vaccine is safe and wonderfully effective. Infants do not get it until 12 months old, should that be reassessed given the large number of unvaccinated children out there . Could it be given earlier or not . It could be begin earlier, but then you have to give an extra dose. Giving a dose to infants between six months and one year of age, then they still need those other two doses later on. Thats what we do with infants who travel around the world to places where measles still exists. Its not been recommended widely in the United States yet, but if this epidemic continues, i would think some pediatricians might do that where theyre having an jut break in the community. A lot of us in the news room, a little bit older and had the measles vaccine should adults get a booster if its been time since they had the mmr . Caller no need. That protection is strong should be lifelong if you got the regular two dose measles series. All right, doctor, nice to have you with us again. Caller always. Thank you so much. Ty, over to you. I got measles at 7 years old. I dont think ive been sicker. Really dangerous. Dow s p, and nasdaq now on track for backtoback monthly losses. Have not seen that in a long time. Begin the volatility should you include bonds in your portfolio . Lets talk about the markets and more with head of global multiassets and dave mcewen, cocio. Sief halfly through the earnings, are they speaking broad enough to justify stock pricess current levels . Well, they you know the earnings part itself is pretty in line with what the expectations were. Theres been disappointment here and there. Whats been impacting the earnings outlook is more important that outlooks posted are not as strong as market expected sales are not as robust. Whats interesting, for the first time you see corporate talk about the strong dollar act as a head wind giving confidence that on the other side of the pond, the companies struggling will do better because of a weak euro for example, actsing as a tail wind for them. Forgive me and not putting words in your mouth, but you seem to feel as though u. S. Stock prices are a little overvalued given the outlook for earnings. Fair or not . Yeah its a fair statement. Depending on how you look at it you know some measures show u. S. Equity valuations above fair value, and some high compared to fair value. In our assessment depending how you look at it they are north of fair value, and when expectations are high because of the earnings and valuations, its better to be in lower valued stocks where you have a weaker currency to help with the competitiveness like in europe. Dave talk a little bit about valuations, the fixed income market. The start of 2015 feels to me like the start of 2014 in that a lot of people thought Interest Rates move higher they have not. They move the lower. The fed is out of the bond buys game in a big way. Europes bank is jumping in. Is the risk back in the bond market now . No i dont think so. I think bonds are less risky at this point. I think they serve as a safe hain haven away from some of the other volatility we see building in the stock market. The fed through the Quantitative Easing Program brought down volatility measured by the risk and that was, you know that environment is gone now, and we think were in a higher volatility environment. Really a normalization of volatility with the vix around 20. Thats about normal. So investers are seeing volatility in the portfolio, and bonds provide a nice diversify diversification of the volatility. Investors should be thinking about adding back balance to the overall portfolio. If im persuaded by what you said do i want to be in credit sensitive products or Interest Rate sensitive products . Well, i think at this appointment theres been a lot of money thats flown into high yield, but high yield is correlated to the stock market itself. That does not provide great diversifyication diversification. A place to be is more core Investment Grade, a mixture of treasuries agencies Investment Grade corporates, high yield, but dont chase risk and yield here. One final question here. If im going to be overweight u. S. Stocks or overweight european stocks this year, which do you choose . I would pick european stocks. I would also echo that, you know, having a fully diversified portfolio including bonds diversion mied including high yield is a great idea in the environment of high volatility. Diversification did not work last year but it works better this year. Good news. Thank you very much. Find out what else they are looking at in bonds. They say that bonds may help you ride out some of the market volatility. Find it all of it and more on powerlunch. Cnbc. Com and find it now, sue. We can. Do you know somebody with a cool job . Well how about this one . You get paid to be the stunt double for seahawks quarterback Russell Wilson in commercials. Its our new series i get paid for this. Its straight head. Plus todays power house is a twotime host of the Democratic National convention. It brews the most beer in the nation, and chipolte is head quartered here. Can you name the city . So you can enjoy that second home sooner. Know the right Financial Planning can help you save for college and retirement. Know where you stand with pnc total insight. A new investing and Banking Experience with personalized guidance and online tools. Visit a branch, call or go online today. Startupny. Its working for new york state. Already 55 companies are investing over 98 Million Dollars and creating over 2100 jobs. From long island to all across upstate new york, more businesses are coming to new york. They are paying no property taxes no corporate taxes no sales taxes. And with over 300 locations, and 3. 7 million square feet available, theres a place thats right for your business. See if startupny can work for you. Go to startup. Ny. Gov. Being a keen observer of the world has gotten you far but what if you could see more of what you wanted to know . With fidelitys new active trader pro investing platform, the information thats important to you is all in one place, so finding more insight is easier. Its your idea powered by active trader pro. Another way fidelity gives you a more powerful investing experience. Call our specialists today to get up and running. Talking zmak inging snacks, the chocolate maker posting earnings. The Company Blames the strong dollar and rising cocoa and dairy prices separately. They plan to buy krave, a pure foods, maker of please, maam yum beef jerky products. Under pressure down 7 today. Back to you. Hershey jerky, interesting. Time for the power house. Where is it . The city that brews the most beer in the nation. Can you name that city, folks . Its denver. Focus on the suburb of castle rock, california, 30 minutes now from downtown denver and with us, larry is with us, broker with the contentwood company. A hops market when hes around. Median sale price for the area below 300 grand and inventory under 5,000. Inventory is tight there. Local mls Services Properties on market for an average of 40 days. Larry, welcome back. Inventory is tight, right . Its a very tight inventory market in denver now. That typically is good for prices, i guess, right, larry . Well prices have been going up, and were a little bit surprised by how much they have been going up. Get to the first listing, 1552 candle glow street listed at 47 4,000, taxes of 2900. Taxes of 2900 for the year . Thats for the year tyler. I pay that for a month in new jersey. Im going to go and just collapse. Four beds, two and a half baths, 3 00 square feet of living space. Tells about it. A nice house. This home is listed by the tom gross of my office in the contentwood Company Located in the meadows, a newer home subdivision in castle rock. Theres a will the of exceptional features including a fully professionally landscaped yards, gorgeous has all natural maple floors the contemporary kitchen has the slab granite and stainless steel appliances professionally finished basement, plantation shutters, and a walk to the Award Winning elementary school. Nice. The next one, it is listed at 678,000 taxes under 6,000 three beds three and a half baths, 2300 square feet. This is a gor Storybook Cottage located in castle pines village, the Golf Community located in castle rock. It has 24hour gated access. This home has a main floor master bedroom and nestling in nestled in towering ponderosa pines, a spacious feeling with vaulted ceils and top rated schools. They have a big golf tournaments. Its smaller than the first. Exactly. It is a more exclusive community and this is the lower end of the neighborhood, but, still, a stunning home in a very prestigious community. Stone canyon ranch, that sounds good. Well it is. 1. 1 million, tax at 8500, six bedrooms five baths, chris is shaking his head here over 3200 square feet. Tell us about it. Well this is a bonanza of a horse property located four miles southeast of downtown castle rock. Look at that. Wow. Its listed by bill of my Kentwood Office 35 acres of colorado wide open spaces. You got 35 acres . With that . 35 acres. Tyler, you can run 35 horses. You get fries with. That gorgeous woah man, a million two, but look at those vistas. I love that larry, save me that. I will. Its got your name on it tyler. I dont know how to ride a horse, well figure it out. Larry thank you very much. Talk about a power house. Lets go out to shakiras miami beach home listed at 12. 99 million. The hips do not lie, folks. Its been on and off the markets over the past years, 8400 square foot two story home, six beds, nine baths thats a lot compared with the number of beds. Shakira, shakira, listen sits on a few blocks from the miami beach golf club. There you see it with a white pool table. Sue . Im stuck on 35 acres for under 2 million. Just i cant believe it. Ty look at this. If you want a peptnthouse, look at this. 57 floors above the Arabian Desert in Downtown Dubai boasting 180 degree views and banknies a few minutes walk from the wardorlds largesest mall for sale by a royal family of a neighboring country. Get the full behind the scenes tour on the website at powerlunch powerlunch. Cnbc. Com. Stocks fluctuating today, but time will tell if we finish in the green. Utilityies utilities, Consumer Discretionary discretionary, and materials lead the way, everything in the green other than energy. Were back in two. Welcome back. In this hour of power, oil falls with west texas interimmediate crude dipping for the first time in six years. Raytheon at session lows after forecast 2015 was blooe street forecasts, and hershey slides after reporting less than expect expected Fourth Quarter earnings blaming the strong dollar rising cocoa and dairy prices for that. If you missed the big stories in the last hour go to powerlunch. Cnbc. Com. There we are. If you had not known, it is super bowl weekend. Next meet the individual who is paid to be the body double for Russell Wilson. Im paid to be the body double for gronkowski by the way. Were back after this. Lets see whats coming up on street signs. Yeah, were out here in not so sunny san diego. Why here . Well there are about 3500 people here at the tdamreritrade link conference, one of the largest Investment Advisers in the country with over 1 trillion under management. The ria business is increasingly competitive. You have to stand out and have a niche. We spoke to a female adviser for female clients, 50 are single females, and she talked about the importance of having a specialization in the business. Lets have a listen. Were all little fish in a big giant pond a big industry and if you dont have a clear message on who you want to talk to and who you can help why would anyone find you . Okay we have an hour coming up on street signs, and brian is at the mother ship and im here in san diego. Make sure you join us. Back over to you. Welcome back. Dower chemical shares up 5 . One of the biggest in the business here beating estimates thanks to growth in the agricultural science business. Shares up big today. Dom thank you, a regular on tv but you do not recognize the face because his onscreen attire includes a football helmet wore as a commercial stunt double for Seattle Seahawks quarterback Russell Wilson. In the inaugural piece for i get paid for this . Meet randall bacon. Im randall jay bacon, and im paid for this. As Russell Wilson i do all the mannerisms, looks up looks around, calls the play hike the ball defenders, bam, hit from the side spin from him, another guy coming back, and, bam, hit by him. Im able to take the hits that russell is not worth him taking hits for a commercial. Dont get me wrong, he wants to do his own p stunts man, russell, let me do this. We want to save you, keep your fresh for the game. He has a good sense of humor. At first, like, whats up body double . Just messing with me. Because, you know looks like he could be my younger brother. Theres a handful of us, all excollege athletes breaking into entertainment and crossing over to film and television, but football is just very natural to us. Itst not like we have to try too hard, just train and stay in shape, have a good attitude and show up on time. Its a dream come true. First dream was the nfl, doubling russell is a dream come true. How cool is that . Very cool job. Not surprising when asked who wins he hopes the best man will win, and the best man is he says Russell Wilson. Well see if hes right. The game is sunday at 6 30 p. M. Eastern on nbc. For more on what randall bacon is paid to do, go to powerlunch. Cnbc. Com. Theres side bets and prop bets make wagers online. You could make some pretty bizarre yet creative super bowl related bets. Heres a sample on the site. Will idina menzel forget words of the National Anthem . What color will billsed hoodie be, and how many times be did deflated balls be said i . Checking the market now, the s p is positive by nine, and nasdaq is positive by 15. Thats really it for power lunch. That is. Well see you tomorrow, and street signs starts now in san diego. I like that. Welcome to street signs everybody, live in san diego where its warm much warmer than the north east but its not sunny. Anyway, the nations top Financial Advisers are gathered here for the annual tdameritrade conference. The ceos standing buy here and we got some free Financial Advice from two top finan