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and stuff. i think the first one they have is a screen one. i think eventually they ll bring out one that has a qwerty keyboard, as well. netflix, we use this. you can get old episodes of law through your playstation. you can have it put right into your television. see, video streaming service posting a profit of 15 krevents a share. my blackberry makes a sound every time i get a message. are you kidding? every time it buzzes, it s either itunes or netflix i ve bought something. now, who is doing that? i would assume the kids are doing that. like every minute. it s like, oh. you know that sounds will annoy you. that s okay. can you does it bother you? no. i feel good. i feel like i m i m going to send you e-mails. i feel like i m involved. did you see what facebook causes in people? what? loneliness, envy, jealousy, depression. here they are sitting in their dpred depressing basement and they re seeing these people doing these the liv ....
lori: a very good monday afternoon. i am lori rothman. melissa: i am melissa francis. the dow and the s&p and the green. lori: it is a tough sell. is it time to take another look into bonds? please say if you blend it, they will come. ethanol gas is squeezing refiners. how you may be forced to pay for it at the pump. lori: the ryan budget plan. let s get you set up with the first market check. it is time for markets now. nicole petallides. nicole: what a day on wall street. another day and another intraday record highs for the dow jones industrials. you would think the market is overbought. a little too nervous to short the market. celebration for the polls out there with record highs for the dow. i wanted to also take a look at the vix, the fear index. 1176. obviously, this fear gauge is a barometer of what people think will be likely over the next 30 days. i wanted to take a look at dow component general electric. now we are hearing about the nominations for a board m ....
stocks sold off on that news, as investors worry the fed might taper off its stimulus program, sooner than expected, and before its goal of seeing a big pick up in the job market. the fed has been buying $85 billion of mortgage backed securities and treasuries every month to pump up the economy. here s what those fed minutes revealed: many policymakers voiced concerns about potential costs and risks from more bond buying. others said that the easy-money policies might encourage excessive risk-taking and that could have adverse consequences for financial stability policymakers also noted positive developments in the economy, as more businesses are optimistic about the economic outlook. nervousness about the fed s next moves pulled down stocks: the dow lost 108 points, closing below the 14,000 level. the nasdaq was down about 50, the s&p lost 19 points. tom: before the federal reserve s notes on its last meeting were released this afternoon, we saw a mixed repor ....
reporter: overall, homes sales are up more than 10% over last year. and builders are picking up the pace. they are now on track to build around 900,000 homes this year, but by the end of the year, the national association of realtors expects the pace to pick up to an annual rate of 1.1 million starts. that s great, but keep in mind a normal year for home construction is closer to 1.8 million. the outlook for apartments and other multi-family construction is also good, even though those starts dropped last month. rents rose 4.5% last year and researchers at zillow expect a similar increase this year. that s why investors are pouring into the market and building new apartments. assuming you can buy the property cheaply or build it cheaply and rent it out, then you seeing 4.5% growth in your top line numbers for what you are able to rent it out for looks attractive. reporter: but the outlook varies depending on where you live and how strong the job market is in your ....
reporter: overall, homes sales are up more than 10% over last year. and builders are picking up the pace. they are now on track to build around 900,000 homes this year, but by the end of the year, the national association of realtors expects the pace to pick up to an annual rate of 1.1 million starts. that s great, but keep in mind a normal year for home construction is closer to 1.8 million. the outlook for apartments and other multi-family construction is also good, even though those starts dropped last month. rents rose 4.5% last year and researchers at zillow expect a similar increase this year. that s why investors are pouring into the market and building new apartments. assuming you can buy the property cheaply or build it cheaply and rent it out, then you seeing 4.5% growth in your top line numbers for what you are able to rent it out for looks attractive. reporter: but the outlook varies depending on where you live and how strong the job market is in your ....