We saw some names hitting new highs. Stocks i was keeping an eye on beautiful low wild wings which started jumping since we started talking about it yesterday. Liz traders behind you. David theyre going to super bowl. Google is doing a good job today. Alltime highs. 775 for google. Of the [closing bell rings] david were still about 150 points off the alltime high. But above 14,000. Well take it. Liz the nasdaq by 36 points that is pretty significant i would say. Were looking at a good move as well for the russell which is hitting another decent high. Some 42 s p 500 stocks jumping to their alltime highs. 14,006. This number could still settle though, david. David when you get a number like this you get historical, you start looking back the dow breaking 14,000 for the First Time Since 2007. It is now, the entire dow, up 114 since the low bar mark in march 19th when some lucky people bought into market. Look at the best performer, american express. That is up 462 . We have caterpillar which is up more than 315 . Home depot up 269 . By the way despite it getting slammed recently, apples stock is up 450 from march 2009. Liz we have many so big consumer staple names hitting brand new alltime highs today although you could argue if you have kids consumer staple is an iphone. Whole product sector, clorox and proctor gamble, both added 1 today. In the food column, kelloggs, h. J. Heinz. Both hitting new highs. David one thing we have mixed feelings about reaching highs on is oil. It did recoup a lot of yesterdays losses. Finishing the weeks up almost 2 . Crude rose 2 cents. To settle at 97. 77 a barrel. For the 8th straight week of games for oil. Liz are you ready for the super bowl ads . Godaddy, you heard that name. It has the pretty ladies. Has a great job using its commercials as a tease, driving people to the website to find out how the story ends. A brilliant strategy. Coming up, bob parsons, godaddy executive chairman and founder, the guy behind it all us know what is in store for this year. David cant wait for that. A mercedes ad already creating a quite a buzz. It isnt the one they plan to show during the game, oh, no. The one they will air is even bigger. More stars, and get this. It is promoting their lowest priced car ever. The president and ceo of mercedesbenz usa will be here. Of course we will have a sneak peek at the commercial. Liz wait until you hear the price on that mercedes. But first well tell you what drove the markets today. Todays Data Download it is a sea of green on wall street. All three major indices ending higher for the 52week in a row. The dow closing above the 14,000 mark for the First Time Since october of 2007. This marked 11 gain as david mentioned from the bear market low hit in the march of 2009. All 10 s p sectors posting gains led by telecom, financials and materials. What started this . Well the Labor Department reported that employers added 157,000 jobs last month. The Unemployment Rate did tick up to 7. 9 but november and december jobs numbers, they were both upwardly revised by a combined 127,000 jobs, so that looks good right . All of 2012 the economy added an average of 181,000 jobs a month. The u. S. Manufacturing sector, some good news there, expanding since april. Ism Manufacturing Index since it is known, the number on the screen, 5. 1, any indication above 50, that means that theres expansion. The expectation was for contraction. So it was a very good number there, david. Weve got Mark Sebastion to weigh on all of this. David we do in the pits of the cme. He tells us why there is tremendous opportunity in europe right now. And Jeff Cleveland breaking down the hidden numbers in todays jobs report. Liz that is the, at the cme, give us how traders, you guys are the experienced ones, the media make a big deal when we hit the round number of 1,000, but what do the traders think . You dont see me covered in confetti right now . I thought you would have seen the party. I actually think we may have seen the most exciting day of month of february today. I look out whats ahead of us and im looking for a catalyst to really drive the markets. We had big move today of about 1 in the s p 500. Thats the biggest move weve really seen in couple of weeks. Think about that. And im looking around and im, seeing nothing. But, thats a good thing. No news, and kind of the same news is really good for the markets. I think traders here are kind of expecting more of the same. This slow, gripedding market, moving higher. You know, molasses is good for the market in a lot of ways sometimes. David well, it is weird to talk about slowmo last ses when you have a 1,000 number on the screen, up triple digit its. What about facebook as a catalyst . Some people are wondering whether that might, for all the slowness that had coming out of the gate it might be time for that stock so shine . Facebook or entire mobile app. Im looking for someone to buy twitter or one of the major social media companies. That could really drive the entire tech sector. It could make apple move, make a move. Google, whoever makes that first, big, big move. Facebook did it with instagram which ended up best really internet purchase at least so far since, you know, ebay bought paypal. So that was a good move. Twitter, somebody is going to make a big move and that could really drive things. Right now, look at google, that, is the big name, big driver that we saw today. Just out of the gate. I think it is heading toward 800 bucks. David oh. Liz two and two third move. 75 bucks a way. A nice, nice chart. Mark, great to see you. Well see you in a few minutes when the s p futures close. David mark and Jeff Cleveland. There is lot of action on the s p floor down there. Jeff, let me go to you first. Were talking a little bit about the fed earlier today and its influence on the market. A lot of people thinking that unemployment number was just bad enough to may keep the fed in the action. Is it fair to say, jeff, that the feds bond buying is more about keeping the stock market up than getting unemployment down . If so, is there any dank are to that . Well i dont think it is necessarily intended to keep the equity markets up but both the equity markets and the fixed income markets are really focusing on that Unemployment Rate number and the fact that. David because of the fed. Because of what the fed might do in response. Right. So, and what the number tells you this morning, david, 7. 9 unemployment is a far cry away from 7 . We think it is when you get closer to 7 that maybe the fed, you know eases their foot off the gas pedal if you will. And, getting 157,000 jobs every month is good. It is not a recession you but probably will not get us close to that 7 in the foreseeable future. Liz mark, you seem so be the type as we have known each other a couple years through the television ether you would not fight the tape. We see what the tape has done but how do you feel about the economy as it weaves through the invests that youre making for your clients . We feel that the, you know, were really stuck in a slow growth economy right now for the next several years. It has been proven by reinhardt and row governor, once the debttogdp ratio crosses 90 , Economic Growth will slow to 1 a year until you get back to the below 90 number. We saw one 1 2 gdp growth last year. We expect maybe 2 gdp growth this year. Lets not foregift were entering the fifth year after bull market of the at some point well have to enter recession. We saw first negative gdp reading since 2009. Liz this year recession . This year recession . No, no. I think maybe towards the end of this year we may see the economy start to grow, even at a more slower pace. Strictly due to the fact that, really everyone across the board is paying an additional 2 in taxes this year due to the payroll tax coming back. So we do think that is going to hurt the consumer toward the end of the year and consumption makes up 71 of our Economic Growth. David well, jeff, it is guessing game whether were going into recession or not but no guessing game about europe. Europe is in a recession. You think it will stay there for all of 2013 that is pretty bearish. Why do you think so . Well i think the market is happy right now because the market looks at two things. Euro stronger relative to the dollar. That is a good sign the market is looking for. And our 10year, Spanish Government bond yield is lower than they were two months ago or three months agop or six months ago. Those conditions hold. Crisis is over, right, david . Wrong. When you look at actual data, credit, the credit to the private sector continues to contract and for me that is the heart of industry. And that means youre going to be recession. 2013. That is the outlook. If you believe, mark maybe in the next couple years we might see recession surely youre still putting money to work. You Like International exposure companies, International Companies and some domestic ones. Start with the international picture. Show us the money. Where are you putting it . For all of our clients were working on fiveyear time horizon with our investment strategies. Over the next five years, we think the best performing area will be emerging markets, followed by eurozone stocks and u. S. Stocks are going to do the worst of the three on an annualized basis over the course of the next five years. David by the way, does that mean you take issue of jeffs prediction 2013 the recession will stay in europe . Think towards the end of 2013 europe will begin to emerge from the recession which should be bullish for stocks out there. One of the things we are saying over the neck five years we expect eurozone stocks to outperform u. S. Stocks but that doesnt necessarily mean it will happen over the next 12 months. Liz we showed two. Etfs. What about the domestic stocks where would you cover your bets . As far as domestic stocks were sticking with more defensive, high dividend paying names some of the more undervalued companies we see out there. For example, apple the stock has been clobbered over the course of the last few months. We see a lot of value. It is trading at a significant discount to the s p 500. It is trading at a significant discount to a company like microsoft i. I find it hard to believe apple is not as strong as a company as the other 499 companies in the s p 500. David by the way it surpassed samsung in terms of domestic phone sales. Despite all the hype about galaxy, apple is number one in domestic phone sales, right. Yes, yes it is. I think there is a lot of potential there. We like other high dividend payers. Vodafone is a great play. We like Seagate Technology the very undervalued, great dividend yield. Well stick with domestic stocks paying higher dividend so they can minimize volatility for our clients. Liz still likes the dividend trade. Mark, jeff, have a great weekend. You too. Liz great to see you guys. Technology, data storage equipmentmaker emulex, have you heard of this company . Names like cisco, dell, oracle, hewlettpackard. But continued weakness in it spending is taking a toll. The stock is following following its Earnings Release. Coming up exclusively weve got the ceo. About his plan on acquisitions and he will see better times ahead. David dont you love to look at this number . 14,000 . Thank god were backed. Last years super bowl was the most watched tv show in history. Advertisers taking advantage of this. Mercedesbenz usa are showing us how they are spending big bucks to promote their lowest priced car ever. Well tell you exactly how low. Go daddys executive chairman, nobody does a super bowl commercial like godaddy. They will tell us how to use people to drive us to the web again. Wow . [ male announcer ] this is karen anjeremiah. They dont know it yet, but they gonna fall in love, get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get married, theyll find some retirement people who are paid on salary, not commission. Theyll get straightforward guidance and be able to focus on other things, like each other, which isnt rocket science. Its just common sense. From td ameritrade. Its just common sense. All stations come over to mithis is for real this time. Step seven point two one two. Rify and lock. Command is locked. Five seconds. Three, two, one. Standing by for capture. The most Innovative Software on the planet. Dragon is captured. Is connecting todays leading companies to places beyond it. Siemens. Answers. David we made it, 14,000. Just about, were still by the way, lets see about, 50, 60 points. S p futures, a lot of activity, theyre close. We heard the screaming in those last seconds. Yeah, looks like we sfaf away a couple bucks after the close. But i wouldnt worry too much about that. I think people taking off positions into the weekend. You know, i think that youre going to see that dow break its record over the next month possibly. In the slowmoving markets, the momentum drives it and momentum is all higher. So, you know, 2009, 2008, still fresh in our head, but i think it is time to starting past that, look for potentially 1600 in the s ps. Who knows, maybe dow 14,500 . David not bad. Have a great super bowl weekend, mark. You too. Liz people seeing 401 k come back. Their 529s come back which took precipitous drops. David i wanted mark to hang on to bob parsons and godaddy. Liz they all are, trust me. Shares of gamestop getting a boost. Nicole is on the floor of the new york stock exchange. Nicole. Gamestop was a stellar performer on this day where we hit 14,000. It was up six 1 2 . You had an upgrade from piper jaffray, raising that one to a buy today. There was concerns yesterday when gamestop and taketwo interactive both pulled back. There were concerns about grand theft auto 5 being delayed. The analysts are coming out saying that is not a big deal that this particular game is being pushed back to september. With that we see dime stop jumping over the last six months up 41 . It certainly has been a stellar performer. I know about your kids, when are we going to gamestop . When are we going to gamestop . Liz every five seconds. Then he wants to trade in the one he bought a week ago. David thanks, nicole. Have a good weekend. Enjoy the super bowl. Real estate market gears up for spring, homebuyers could have tougher time securing a mortgage. Liz that could mean the fha might have to take on a bigger load, one they might not be able to afford. Rich edson in d. C. With the latest on this, rich . Federal Housing Administration already guaranties more than a trillion dollars worth of mortgages t accounts for a quarter of all new loans. Homebuyers looking to take advantage of a government insured mortgage will have to pay more. The fha is increasing annual mortgage premiums by a. 1 of a percentage point on most of the mortgages it insures this is to help its 16 billion short fall. With the government involved in 90 of all new loans, next week the House Financial Services committee begins hearing on overhauling the Government Finance system. Chairman Jeb Hensarling writes the fha dire Financial Condition and climate in our housings system is a every taxpayer is at great risk having to fund another washington bailout. One washington advisor says the fha may need some short term help show its fiscal situation is overblown. On the surface it looks like a number that is kind of a gasping number, something people are responding to and speak to the shortterm solvency of fha. On itself is not really an accurate assessments of the solvency. Democrats and republicans say they want to overhaul the government financing housing system and with taxes and budget dominating washington an upgrade of Government Housing policy anytime soons seems doubtful. Back to you. David rich edson, thank you very much, from d. C. Liz data storage, we all have so much more were doing online. Storage equipmentmakers are very popular these days but emulex is a company that struggled recently at least. They have seen their stock fall, following its Earnings Release and today they got hit very hard. They feed on revenue beat on revenue but the forecast was disappointing. The ceo says it spending for the full year looks promising. That will mean more business. Is this a case that you ought to buy on the lows . He joins us exclusively after the break. David final a stock you wan buy low in on. Later this hour, a preview of the super bowl ads everybody is talking about. We have the two big players. President and ceo of mercedesbenz usa with a brand new car at a very low price point. The executive chairman and founder of godaddy. Com, who does it better than godaddy . Find out how they look to score big on sunday. [ malennouncer ] where do you turn for legal matters . At legalzoom, weve created a better place to handle your legal needs. Maybe you have questions about incorporating a business youd like to start. Or questions about protecting your family with a will or living trust. And youd like to find the right attorney to help guide you along, answer any questions and offer advice. With an a rating from the Better Business bureau legalzoom helps you get personalized and affordable legal protection. In most states, a legal plan attorney is available with every personalized document to answer any questions. Get started at legalzoom. Com today. And now yourprotected. Can. Liz shares of networking solution company, emulex in the red following the Earnings Release after the bell. They did not partake in todays rally. The Company Reported disappointing outlook numbers, ceo says expect to see major it growth throughout 2013. What does it mean for his business . Is this an opportunity for you the investor if the it sector comes back . Jim joins us exclusively from irvine, california. Im trying to spin this were probusiness, wee procompanies like yours. You were yearoveryear drop of 30 on the stock and tell me why youre positive on the story youre putting out there for investors. Thanks for letting me join the show. We just come off a year where we actua