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CNBC Power Lunch February 17, 2015

Diana will tell from yous snowy washington. Wow. Well tyler, look builders are blaming it all on this. Just like they did last were. Take a look. Homebuilder sentiment slid two points month to month on the monthly nahb survey but at 55 its still in the positive and well above the 46 level it was last year. Last were builders blamed the harsh winter. The slowdown continued into the summer due to the price jumps. Builder prices are still very high with big premiums to existing homes, and that may be why traffic fell dramatically. Down five points while sales expectations were flat and current sales were only slightly lower. Builders still pushed the president s day open houses though. That is the unofficial start to the spring season. Not much action over the weekend, though. Again, builders are still pricing very high and Housing Starts are still well below the current demand. This is going to be a very interesting next few weeks. ....

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CNBC Closing Bell February 17, 2015

So were 15 points away from that or thereabouts. Sure. Getting close. Apple also hitting new highs. Its like a market of its own. We have the analyst who just hiked his price target on the stock to 150 and satisfiesys this company is on the way to a 1 trillion market company. In case you hadnt heard, the buzz is theyre working on a car now. That would be one of the new projects. Well look into that a little later. Lets show you how the markets are trading today. Hasnt been the most volatile session. A lot of eyes on the negotiations between the eu and greece on the debt negotiations. Something else we will talk about, but right now the dow is up 12 points. 22 points away from an alltime high. Do i have that right . Yes. The sn is p is up 1. 45 in record territory. Look at the nasdaq 5,000plus is the old alltime high set back in march of 2000 and, boy, are we getting cleser. These are the round level that is will get people talking, talking about the tech cycle this time whats different ....

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