Another triple digit rally. Nasdaq bouncing back a little bit after a couple of sessions. Now you see it is flat. Look at this chart. Nasdaq flat for the year. Biotech has been a drag, yesterday they were a drag, lot of talk about a bobble and a bubble bursting. Sandra smith, biotech, you think the party might be over . Sandra they havent entered into a bear market territory which would be a drop of 420 or more but correction territory, raising some eyebrows. Charles in a short period of time. Sandra their recent high was late february so it is 12 even with some bounce back, stocks 12 from recent highs. Is there a concern . Yes. Nicole petallides will talk about that, and keep that in mind. Charles i think the audience needs to understand that there are the iliad of the economy and then there are the one trick ponies with Amazing Things on the drawing boards. That is when you start to worry. They are still positive for the year. There are some companies that have been able to buck this downward trend. Charles coming into the week, 46 ipos. Virtually, none of them have profits. The highfliers of recent times getting hit. They are bouncing back after taking hits over concerns of the pricing. Yesterday, for them, there was news about the hepatitis c drug. Nicole right. It is up about 60 in the last year. Today it is bouncing back. There was some anxiety and concern about the pricing. While some were speculating, the biotech were in a bubble, they say, not so. The benefit risk remains for the group. They do not think that biotech is in a bubble. Charles such a big industry. Thanks a lot. I want to take a look at netflix. Another 3 right now. Negative for the year. Tech watcher is with us. You do not think that this is such a bad deal for netflix. I think that this is a good deal for netflix. I think that, in general, the industry is moving in the correct direction. The kneejerk reaction is they have had this whole platform to themselves. We are bringing it apple as a partner. Were coming in after you. I think that apple and comcast have a long way to go. Netflix already has an agreement with comcast. Anything can happen in the coming weeks and days ahead. Charles do you think that the fundamentals have changed so much that the stock may be oversold at this point. Give it a few more weeks. Charles i want to talk also of note on jen king digital. The company does make money. Do you think that this is a sign that we are back to 2000 . A legitimate company that is looking to raise funds. Candy crush saga. I see everyone on the subway using it. Can you say one trick pony . What will happen here . Look back at zynga. It sold off 5 out of the gate. This thing has lost 80 in the year following. What else do they have to offer . They have been showing us they have been trying to venture out and introduce new products. Charles 93 million daily users. Pet rescue. Bubble saga. All of the names have saga at the end of them. They need another giant hit. It only takes one. Charles how do they avoid being a zynga . If disney has a bad year, maybe the movies do well . I think that they continue to really rely on that. Charles this is the Cloud Storage place. I want to talk to you here. This is the whole Cloud Computing craze going on. They are going up against really fierce competition. This is what i like about this company. It has 35,000 companies as paid customers. It has actual paying customers. Also, 25 million individuals. Charles one of these rockstar companies within the tech communities. It is one thing to be a rock star in the company. Some companies have gotten away with it. Can these guys get away with just saying hip, cool and building a business without any money for a long time . They unveiled a strategy for the growth. They are focusing on a lot of specific industries. Having a laser focus like that could help them hopefully overcome the losses. Charles is there Something Different about what they are doing . The cloud has become the. Com of our era. Our company, we use dropbox. Again, a lot more security in place. You know who you are. We have had some folks accidentally delete their files. I hear that fox is stronger in those areas. Charles a great reputation within the industry. Google teaming up. Earlier this month, we spoke to the people. They already unveiled a more mainstream design. Something tells me you will be a fan of this as well. I am. We are looking at that. This is the future. No one will probably be Walking Around with this version in two years. Charles the guy who started it started it as an apprentice in italy. They have retail and wholesale distribution. It should work out very well. Another trend in wearable designer brands. We are seeing a lot of great companies. Charles senator marco rubio saying he likes it. Sandra, this is all about regulations. I have to tell you something, i do find that politicians get into the way of free markets as much as anything. This is a great opportunity for him. He is already appealing to those younger voters. This is a great opportunity for him to say hey. Wilbur is very very popular. Find a cab or a town car like that. It is a set fee. Charles two weekends ago, i found out that my son has had an account for over a year. Where is the money coming from . This is ultimately put those cabdrivers out of business. What is meant to work well. Charles president obama proposing to end the nsa spying program. November is coming fast and furious. We will explain it all next. My dad has aor afib. Brillation, he has the most common kind. Its not caused by a heart valve problem. Dad, it says your afib puts you at 5 times greater risk of a stroke. Thats why i take my warfarin every day. But it looks like maybe we should ask your doctor about pradaxa. In a clinical trial, pradaxa® Dabigatran Etexilate mesylate . Was proven superior to warfarin at reducing the risk of stroke. And unlike warfarin, with no regular blood tests or dietary restrictions. Hey thanks for calling my doctor. Sure. Pradaxa is not for people with artificial heart valves. Dont stop taking pradaxa without talking to your doctor. Stopping increases your risk of stroke. Ask your doctor if you need to stop pradaxa before surgery or a medical or dental procedure. Pradaxa can cause serious, sometimes fatal, bleeding. Dont take pradaxa if you have abnormal bleeding or have had a heart valve replaced. Seek immediate medical care for unexpected signs of bleeding, like unusual bruising. Pradaxa may increase your bleeding risk if youre 75 or older, have a bleeding condition or stomach ulcer, take aspirin, nsaids, or blood thinners. Or if you have kidney problems, especially if you take certain medicines. Tell your doctors about all medicines you take. Pradaxa side effects include indigestion, stomach pain, upset, or burning. If you or someone you love has afib not caused by a heart valve problem. Ask your doctor about reducing the risk of stroke with pradaxa. Impact wool exports from new zealand, textile poduction in spain, and the use of medical technology in the u. S. . At t. Rowe price, we understand the connections of a complex, global economy. Its just one reason over 75 of our mutual funds beat thei10year lipper avere. T. Rowe price. Inest with confidence. Request a prospectus or summary prospectu with investment informion, risks, fees and expenses to read and considecarefully beforinvesting. Charles lets take a look at the big board. Market trying to find a little bit of equilibrium. We have to take a look at gold. That may be your new support level. Time to reveal todays matchup in the varney tech tournament. Netflix squares off against ibm. They have nine times the market capital. It has been around for a long time. Netflix shares have the edge over ibm. You can vote for which stock you would rather own in the longterm. Go to our facebook page, our twitter page. President obama is expected to call on the nsa. Is this the intent to get the young people back . Lets ask robert. Hoops. It seems pretty transparent at this particular point that the president feels like he has weighed all the options and this is the kind of things that may get him back. It certainly helps. I do not think kicking and screaming. He will not do this by executive order. He will send this to the congress. The nonfunctioning Bipartisan Congress and ask them to grapple with this complex issue. Charles they may show the world this. Hearings. Lets debate it. Lets give speeches. Lets produce good legislation. Charles hang out with me on the campaign trail. They have a lot as it relates to the midterm election. Those were all big deals. Charles listen to what you are saying. It used to be that you have the toolbox and then you have the president. Now he has reduced himself so much. He will be in those states. The last special election in florida, a wakeup call for the democrats. I see a lot of cocky republicans. No matter what the polls say, run like you are three points behind it. How worried are you . The mac picking between two candidates in six states is very different than picking between 12 candidates. I have not seen nates bracket. Warren buffett taught us that it is impossible. With that said, it is a wakeup call. Charles what is the democrat strategy . First, the economy. Does the economy get better between now and election day . Charles that is a lot to ask. People are running against it. Charles you will not reach the deadline. I can get the cheapest catastrophic version. All the things you are telling me, it sounded good on paper maybe a year ago. Is there anything else . Despite all of those things, i think that has been a very positive trend. Can you count on the republicans to shoot themselves in the foot . Do the republican and house budget, that will have opportunity . Charles you never count your chickens before the eggs hatch. It will be very interesting. Lets talk about Russell Crowes new movie. Getting a whole lot of heat from the critics. It pushes a Global Warming agenda. You guys were outraged about this and should be after the break. Charles we got an overwhelming response. Here are just some of your comments. If it was made in hollywood, a cornflakes commercial pushes Global Warming. That was never mentioned in this movie. It is all about Global Warming. Progressives will try anything to get the point across. Using the bible is not a neat them. We read them all. We love them all. Appreciate it. Another big name that you know. Carnival. They forecast a loss for the current quarter. That stock is taking a hit. It kind of reminds me from the old song. Tonight, going to party like it is 1999. Irrational exuberance levels Alan Greenspan could never imagine. Today, the loudest noise is not coming from the stock market. Of course, the longer the rally goes, the louder the voices become. That is one of the big differences between now and then. There are unnerving aspects of the market including the biotech bubble. Investors are not bidding up ipos. In fact, 1999, ipos doubled on the first day of trading. So far this year, only four have doubled. You see the point of marking the enthusiasm . When the doomsday crowd decides they were right and may decide to join the fun, out of time. Scott walker tweets out a bible verse. The atheists go on the attack. You will not believe what they are saying. We will discuss it next. So our business can be on at ts network for 175 a month . Yup. All 5 of you for 175. Our clients need a lot of attention. Theres unlimited talk and text. Were working deals all day. 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See your authorized dealer for exceptional offers through mercedesbenz Financial Services. agent i understand. dad weve never sold a house before. agent ill walk you guys through every step. dad so if we sell, do you think we can swing it . agent i have the numbers right here and based on the comps that ive found, the timing is perfect. Theres a lot of buyers for a house like yours. dad thats good to know. mom im so excited. Charles wisconsin oven or scott walker in the hot seat right now. I can do all things through christ who strengthens me. Demanding Governor Walker remove the tweet claiming that it violates separation between church and state. To say i can do all things through christ who strengthens me seems more like a threat or the utterance of a bureaucratic dictator than a newly elected civil servant. The governor is saying this is what inspires me. This is what moves me. A threat by a date header . He has no plans to take this tweet down. The governor read it that morning. He chose to share it. The freedom from religion said that he has the responsibility to uphold the entirely godless and suck with jury u. S. Constitution. I could not agree more. He is a human being that enjoys the same free exercise of religion rights as everyone else. This is done with his capacity. This does not interfere with anybody elses exercise. No constitutional violation. Charles we do have something that is being challenged big time. This is a huge case. It is one from pittsburgh. It is the hobby lobby one which is from the circuit headquartered in denver. The one in denver ruled in favor of hobby lobby. The issue is this, there are several issues. Can the religious views of the shareholders be manifest to the corporation that they owned . Such that a corporation can refuse to Purchase Health insurance when some of the provisions go against the core religious beliefs of the shareholders. In this case, we are talking about contraception. This is contraception as we all understand it. This is also euthanasia. Can the Government Force you to provide those services at your extent when youre religious views find those services repugnant. They are debating it as we speak . Charles is there another underlying argument here . Yes. Determined indisputably. Corporations are persons and enjoyed the rights to persons so they have right to free speech and privacy. The free speech with citizens united. Who would determine the religious liberty . This is not to say that female employees of these corporations are not entitled to the freedoms to choose the contraceptive programs. It is just to say they do not have the right to make their employer pay for it. Charles could this become a slippery slope . Could this argument is extended beyond religion per se. We are the majority of shareholders. We do not like this. There are one or two Supreme Court positions. A model belief held in the same mental hierarchy as a religious belief qualifies for protection under the first amendment. It is an old case. At least a 40yearold case. Nothing like it in the past 40 years. If hobby lobby wins, the court will put a limit on it. Suppose your religious beliefs prohibited you from paying taxes. With that relieve you of your obligation to pay taxes . I am sure that the court would say no. Charles theyre still good, though, there could still be an open door to an avalanche of open mob. Yes. Expect more legal challenges to come. There is one being argued as we speak. In our home state where there is no exchange, people get subsidies. Whether they earn a Million Dollars a year or a hundred dollars a week. Charles i guess 34 different changes. I do not know if they are unintended, but they are the consequences of the federal government putting its big fat hand in the middle of 20 of economic act vividly that has been on regulated by the states. A lot of people think that the consequences are not unintended. The true goal was singlepayer. So great having you around. Really appreciate it. Shares up huge. Strong sales and profit. Up 9 . A lot of people making a big deal out of walmart. It depends on low income americans. Does this create an image problem for the company . That after the break. We will be right back. announcer scottrade knows our clients trade and invest their own way. With scottrades smart text, i can quickly understand my charts, and spend more time trading. Their quick trade bar lets my account follow me online so i can react in realtime. Plus, my local scottrade office is there to help. Because they know i dont trade like everybody. I trade like me. Im with scottrade. announcer ranked highest in Investor Satisfaction with selfdirected services by j. D. Power and associates. Charles amazon customers, check your email. You may have some free money waiting for you. This is all the result of a class action settlement. Amazon says the credit will be valid for one year. The shares not really having an impact. There is a file computing company. Getting an update from morgan stanley. Ebay sending a letter to its shareholders urging them to vote against car icons proposal. Ebay says that it is critical to paypals success. Checking shares now. Relatively unchanged. Lulu lemon image taking a huge beating in recent months. Could a new line of clothing revitalized stocks. Find out next. [ male announcer ] how could switchgrass in argentina, change engineering in dubai, aluminum production in south africa, and the Aerospace Industry in the u. S. . At t. Rowe price, we understand the connections of a complex, global economy. Its just one reason over 75 of our mutual funds beat their 10year lipper average. T. Rowe price. Invest with confidence. Request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. Charles we always say tech is king. 500 million. Disney shares. They have been awarded this year. Nicole about a half to the downside. Maker studios. Do you know that they have 5. 5 billion views every month. They have online videos. This is a way for disney to get the Younger Generation involved. You cannot just make that up. It is always good to get out there and buy it, i guess. Charles disney clicking on all cylinders. Another smart move. Thank you, nicole. We are joined now by andrea chang. Walma