A 2 increase, but nonetheless a good move for apple at the moment, investors seem to like it. Making the fashionable watches and clothing accessories. It designs and sells many believed to be innovative watches that are affordable. We see them move up 2. 35 off of the highs of the session, still a 2 gain. Quickly lets talk about commodities. The feds surprise decision having a definite impact. Gold jumping 57 yesterday hitting now a oneyear high as you can see golden spiking once again up another 60. Close to 120 over just 24 hours. The price of silver is doing better. Poised to have its highest close in more than a week. Nonetheless a very different picture for u. S. Treasuries. This is the benchmark. The 30year, the yields are all down. Cutting the yearend forecast by a court of a percentage. 2. 85 . Here we are, moving higher by five basis points but you are looking at yields tending to come down at least in the aftermath of the no taper taper announcement. He called it right right here on countdown to the closing bell. One of our floor show traders made a call that there would be no taper announcement at yesterdays fed meeting. Everybody else was saying you will see a taper. Listen. I personally dont believe we will see any tapering this year, i really dont. If you need further proof, we got it on friday, however the fed is notorious for not making sweeping conclusions limited data and they have just started to talk about the data they are looking at over the last year and a half, two years. What is going on globally, the imf reduced the predictions for Global Growth and the u. S. Cant do it alone. Having us join europe in a downturn, i dont think that is going to happen. Liz this is what the minute showed, they want the asset purchases to end by the years end. He is pretty confident about that. Liz how about that, we thought bring it back, give him some props because so many people were wrong on this, frankly very intelligent people who watch the market and have a lot more money then you or i. Lets talk about why you saw it that way. You said evidence. They will need a lot of evidence and that was a word ben bernanke used yesterday. Dont have the evidence yet. Honestly the fed is not made up of day traders. The process they put in place, the crisis started in 2007, the credit crisis. I dont expect, we can take a step back and say the economy is improving and growing, some jobs are being created, the quality and level of those jobs can be argued but in terms of data to and the tapering and to turn the course of ridiculously easy money around, i just feel like it has to sustain and accelerate, the data cannot just come in strong. It has to outperform and it hasnt been outperforming. I think you can argue the economy is growing perhaps faster than some people would have guessed a few years back but not enough for the ocean liner of the fed to turn their program around and continue in that direction. Liz when you heard that moment when the fed announced we are not tapering, were you running around in circles saying told you . You were one of the few. You have been right, so what was that moment like . I wasnt doing that at all. I did not make any money off of that call, i predicted myself from losses. If you look at it from that perspective, i made money. Got out of a short position and long teller position. I save myself some losses. That is the way i trade, from a risk perspective first. What i am looking at right now is the invitation of the equity market being very copy. It is not something i would run around p cocking around the trading room and bragging about it. It is something i took into consideration of my trades and that is all you can do. Liz the euro is up, anything eg else is slightly down in the wake of this. Everybody wants to know who is this guy, what is his next prediction . When you expect the tapering will happen . Can you narrow it . I think it is early 2014. I really do. Goldman sachs pushed their production back three months. I did a macro analysis of the beginning of the year. My analysis told me the s p was going to be up somewhere between highs in the, low double digits by the end of this year. There are a lot of things that can change that but to me it is playing out that way. You can take my s p call from that and say we will end somewhere in the lowtomid 16 hundreds. A 10 correction still puts us in that area. It is growing and i dont think it is going to shrink anytime soon. Liz all you have to do is quote yourself, you are the one who was right. I am not saying they were right or wrong. Pay day late if i can say that, but they pushed there is back a little bit, but that set the lost because the market starts seeing the fed is looking at the data and they want that data to outperform. You heard some cynicism in his comments. Even some bitterness toward fiscal policy. A dovish new fed president coming in. Liz we should have the lower third, this guy got it right, and you did. We put you on and you made a correct call. We interrupted whatever you are doing in indianapolis because you are not on the trading floor, but we appreciate it. Lets get to our other traders, nicole on the New York Stock Exchange watching pandora. One of the first things i noticed was the itunes radio. A lot of discussion about that right now on the web. Nicole no doubt. Radio is the talk. Pandora hitting an alltime high. We all remember the 16 ipo in june of 2011. Take a look at it today, 27 change up over 6 . They continued to do so well, they raise the amount of shares they were offering in order to gain cash. They continue to expand. They had huge demand on the shares they put out there, and that is really unusual. The funds did not even get their normal discount the usually get a cushion on that. Not this time, not this round. Pandora moving to the new highs, great demand for a company that continues to grow. Liz we cannot anticipate how the stocks are going to move. It is great to see pandora, whatever they thought would get slammed by the almighty apple radio to actually stand up to this, dont count out the founder. He has always said it is about the playlist, stupid. Broadening the discussion. We have a very slight pullback, but a nice move yesterday. What happens in the days to come . A slight pullback is welcome. Expect some investors who arent really buying into this market just yet to take some shortterm profits off the table. Tomorrow we have a big day. A big volume data. A triple witch. The dow will be shaken up, some new stocks going, other stocks coming up. Expect tomorrow to be a lot of volatility and a lot of volume. Some of the bigger funds that are out there. Liz do we often see a bullish move in gold with a gold rebalancing . We should. Funds that are not in the etf have to get taxed in there. Coming out o the way it is rebalanced, we will see more gold buyers come in. That is reflected in the physical gold trading in the next few days. Liz we did talk about how a bullish move today it is pulling back with a little bit more strength to it down 1. 79 still above 106. What is the next move as syria does not necessarily to the back burner but columns down a bit. What we had yesterday was the kneejerk reaction, everything went higher. In fact we traded almost 109 overnight in crude. As is always, the day after Something Like this, reality sets in and it was a classic case of everybody turning around and looking and saying supply and demand hasnt changed. Geopolitical issues havent really changed and really this market is right now back about where we started before the news came out. That makes perfect sense. You still have a market that technically is still in an upward trend. A statistical figuring about 105, 105. 5, still very strong place where this market can be bought on the dip and will be until further notice. Again, this market can be cautiously bought here, that will be continuing probably until the next inventory report giving real direction into this market. Liz back to equities as they look at certain way stations along the road to bullishness here. We have the s p 500 touching a record intraday high. Looking 12 gains and 13 sessions. A fourday rally may come to an end here. Not sure. Transports touching an alltime high earlier today. Things do not look so bad. If you look at the overall market and the economy despite what the fed thinks using employment is probably their biggest cage, pockets of strength, just a matter of how strong they are going to go. Transports are finally catching up now. Will it continue . I want to give kudos to my friend doing a good job on that call, pointing out his looking for some sort of a pullback. Im not a technician by any means, but this is one time youre going to see the market way overreacted to the upside because the fact is if the fed doesnt feel confident enough to start tapering it means they are not confident in the economy right now. I am more so than they are come up with that away on the market and you might see a pullback. Liz we tr tried to make that pt yesterday the underlining message is pretty serious but the market loved it. Thank you so much for joining us on the floor show. We are once again in the middle of a shutdown showdown. The president warning all Government Agencies must prepare for a Government Shutdown unless democrats and republicans can find a budget solution. Fascinating to see ben bernanke specifically talking but that concern and that worry on the horizon yesterday. It was a real concern it might happen. The house will vote on a bill to fund the federal government until the middle of december but also defines the health care law, so when the house that tomorrow Senate Majority leader harry reid has said it is dead on arrival in the senate. The senate will strip that out, send it back to the house and we will have an impasse or a decision for the house speaker. Does he want to allow democrats and republicans to try and carry the Government Spending bill through . Or do they hold firm . Also today there is talk about the next fight upcoming. The debt ceiling. The white house may not get it to the American People get it. Every major deficitreduction plan over the last 30 years has been tied to the debt limit. This is playing with fire. Legislative arsonists are at work when they start using the debt limit for their own agenda. House republican aides say they will pass an increase on the debt ceiling with a oneyear delay of the president S Health Care law with some other policies attached. Theyre still working that out. Liz thank you very much. Working it out is the best we can hope for right now. Make no mistake. They are still snorting and charting and running right now as we see in the wake of the fed fueled rally yesterday the nasdaq still higher. In a moment and outspoken optimist. He has been making some jawdropping and correct predictions lately. In a moment, his very latest forecast. And imagine a stock that has skyrocketed some 250 over the past five years. This is a remarkable performance. Hsn, inc. Wwere talking to the ceo lives and exclusively about her secret sauce and her next big idea. Coming up next. [ villain ] well mr. Baldwin. It appears our journey has come to a delightful end. Then i better use the capital one purchase eraser to redeem my venture miles for this trip. Purchase eraser . Its the easy way to erase any recent travel expense. I just pick a charge, like my flight with a few taps, its taken care of. Impressive baldwin. Does it work for hotels . Absolutely thank goodness. Mrs. Villain and i are planning our. You scare me. And i like it. Lets go whats in your wallet . [ male announcer ] now, taking care of things at home is just a tap away. Introducing at t digital life. Personalized Home Security and automation. [ lock clicks ]. That lets you loser to home. Thats so cool. [ male announcer ] get 100 in instant savings when you order digital life smart security. Limited availability in select markets. Amelia. Neil and buzz for teaching us that you cant create the future. By clinging to the past. And with that youre history. Instead of looking behind. Delta is looking beyond. 80 thousand of us investing billions. In everything from the best experiences below. To the finest comforts above. Were not simply saluting history. Were making it. All your imptant legal matters in just minutes. Protect youramily. And launch your dreams. At legalzoom. Com we put the law on your side. Folks have suffered from frequent heartburn. Butetting heartburn and then treating day after day is a thing of the past. Block the acid with prilosec otc, and dont get heartburn in the first place. [ male announcer ] one pill each morning 24 hours. Zero heartburn. Liz we saw stocks soaring to new highs following Ben Bernankes speech yesterday. The dow now inching its way over the past couple of weeks toward 16,000. Back in march that number seemed a little high. People were looking at it, dow 16,000. The man who forbes calls the best business guru had it right. I think by the end of this year we will be in the 1617,000 range on the dow. Liz two guys on this show, the trader at the top of the show, professor, who had called it right to the fact he felt the fed would not taper. He was right. You as a finance professor looked to be right. We have a couple of months before the year ends, will we make it above 15,000 as you have predicted by the year end . I guess were only 2 or so from that 16, and actually i was saying that in january of last year, 2012 when i started doing my research i said it was definitely going to go over 15 and we had a good chance between 1617. Actually nothing has happened that has really changed my mind. I think that is where it is going to end. They could and toward the high end of that. If we get a boost in the fourth quarter, current growth picks up like many believe. Otherwise we will probably be in the low end of the 16s but still certainly seem in the cards. Liz however you conduct your research seems to be pretty effective. I think 2014 is a really pivotal year. We have had Economic Growth of one to 2 and the earnings 324. If we want to break the earnings into a growth rate of 62728, we need to accelerate the economy to 3. 5 . I thought was going to happen in 2013, looks a little bit delayed with the sequester and all the other problems. If we can get there in 2014, we can go above 17,000 by the end of the year, but certainly right now we are not as cheap as we were. It was an easy call to the market would go up. As we are going up, it is still very well valued but the gains will be harder to come by. Liz i dont mean to glom all over you, that i dont think it was all that easy call to make a year and a half ago. A lot of worries that popped up between then and now including syria. Are you worried about the economy . You talk about some issues that still make it iffy. Syria seems to be quiet now. The tapering news, a lot of people assume germany must be thrilled and because you are able on the market, but honestly i would have preferred a minor taper. I was a little upset ben bernanke moved so far out of the range of expectations. I dont think that is that good for the central bank, so if the economy does accelerate, there will be more uncertainty. At what pace is he going to start it. In a way we can all smile for what happened yesterday, but it just means down the road we will be facing some more questions. I think ultimately what we have is a market that is very fairly valued but Interest Rates are still very, very low. As i have said for quite a long time, when Interest Rates are in the low to moderate area, you can expect price earning ratios to be 18, 19 in the market. Were still 15 and 16, so we are still below that normal valuation. But again, the year and half ago we ar were looking more at 12 ad 13, i felt this market is going to move upward and is still well, i believe but there are obviously a few roadblocks in the way that might cause a pause. Liz the headline is Jeremy Siegel wish there would have been a minor taper. Little disappointed. We will watch your predictions and see how they come to pass. We appreciate it. Yes, thank you. Liz Jeremy Siegel. Business School Professor at work. Have you ever tried on her outfit at the store, worn at once and said it did not look great, we will try to return it for a refund . One big store chain is cracking down. We guarantee of shopped here at some point in your life. And she has been called one of the most powerful women on the planet. Were talking about hsn ceo Mindy Grossman. Next we will ask her about her next big thing. A fox business exclusive. Hsn, Mindy Grossman. When we made our commitment to the gulf, bp had two big goals help the gulf recover and learn from what happened so we could be a better, safer energy company. I can tell you safety is at the heart of everything we do. Weve added cuttingedge technology, like a new deepwater well cap and a stateoftheart monitoring center, whe experts watch over all drilling activity twentyfourseven. And were sharing what weve learned, so we can all produce energy more safely. Our commitment has never been stronger. But with advair, im breathing better. So now i can help make this a great block party. Male announce ] advair is clinically proven to help significantly improve lung function. Unlike most copd medications, advair contains both an antiinflammatory and a longacting bronchodilator working together to help improve your lung function all day. Advair wont replace fastacting inhalers for sudden symptoms and should not bused more than twice a day. People with copd taking advair may have a higher chance of pneumonia. Advair may incrse your risk of osteoporosis some eye prlems. Tell your doctor if you have a heart condition or high Blood Pressure before taking advair. Ask your doctor if including advair could help improve your lung function. [ male announcer ] Advair Diskus fluticasone propionate and salmeterol inhalation powder. Get your first prescription free and save on refills at advaircopd. Com. Im, like, totally not down with change. But i had to change to bounce dryer bars. One bar freshens more loads than these two bottles. I am so gonna tell everyone. [ male announcer ] how do you get your bounce . [ woman ] time for change how old is the oldest person youve known . We gave people a sticker and had them show us. We learned a lot of us have known someone whos lived well into their 90s. And thats a great thing. But even though were living longer, one thing that hasnt changed much is the official retirement age. The question is how do you make sure you have the money you need to enjoy all of these years. Liz im looking at hsns website right now. They have jewelry, dog sweaters, a college area to get all kinds of great your college stuff. It is showing tremendous growth. The stock is up 246 since 2008 when the company went public. All thanks in part to her team and her, ceo Mindy Grossman. They always say it is not just me. But she has revolutionized the retailer by bringing it into the digital age getting top designers to partner with her network. So what is her next big idea for the company . Joining me now in a fox business exclusive is Mindy Grossman. Thank you so much for being on the show. We have been looking at all that you sell. On the web, on television. Let me start with a question we would like to know the answer to. How is the customer doing . Thanks for having me back again. What were seeing with the customer today is she is being very specific about what she is going to spend and what she is going to spend it on. It has to be differentiated project. Strengthen home categories in particular but a bit of more weakness in categories like apparel. Our Business Model allows us to have tremendously stability, adaptability and see Consumer Behavior in realtime across all our business. Our focus is on responding to her and what we are saying but also crating a differentiating experience so if she is going to spend, we want her to spend with us. Liz we were talking earlier in the week and said one thing the consumer learned during the recession was they still love their labels but they dont want the mat full price so price is an important thing for what you guys offer because he always wants to keep the price points very fair. They are working across all of your platforms. You have the tv, the catalog, the web. I see little bit of cannibalism may be from one to another. We have tremendous marketing vehicles in the form of catalog and tv, but what were really doing is driving to the 365 days per year digital platform and that is where we are seeing tremendous growth. Mobile is now our Fastest Growing channel. It is now almost 10 of our total sales and digital for the Company Almost 50 of our total sales, so very important. You mentioned price value. What we see is where not about a discount products. 60 of what we sell are exclusive to us, but whatever it is whether it is 2000 lounge chair or weight 50 impulse item, we make sure that when the consumer gets home, she feels she has gotten a great price for what that product is. Liz you mentioned the uniqueness of it. Link collections to different movies, the help, all these movies. Sometimes you just think this is coming out, lets create jewelry that looks it would have been worn in the movie. I really need to know about what you think the holiday season. A disappointing outlook for holiday shopping, are you expecting it to be, are you expecting it as bad as they say . We feel we are in a position for a successful holiday season. Imagine all our brands. We created one of the most significant gift stores that are going to exist on the web across all of our businesses all the way to hsn and we will be Cross Marketing for them across all our businesses. We are kicking off our halloween business, chasing fireflies and hsn creating Haunted House shows and giving the secondlargest holiday behind christmas. We feel good about what we are seeing. Liz your successful female ceo. When we were doing research on this interview one of the analyst said ask if she would take the job at lululemon. You are being spoken about as a potential ceo over there. I am sure you are thrilled to be at hsn, but do you look onward . Spiegel cannot think of a more exciting place to be. Our business is right at the center of retail, of media, of technology. We own so much content in a world where content is so valuable. Across all our platforms it is like being a kid in a candy store and nowhere else i can offer that. Liz finally as we finish up, you have a unicef campaign youre working on. Great for the corporation has a heart as well. I think a corporation has to have a heart and a soul. We believe in a culture of generosity for employees and for our customers and we could not be more thrilled to be partnering with unicef on the trickortreat campaign as part of our hsn cares program. Anybody who wants their halloween, go and shop because a portion of the proceeds are going to go to unicef. Liz Mindy Grossman there at the nasdaq, congratulations on great stock performances. Thank you. Thanks, liz. Thank you for having me. Liz the closing bell ringing in 26 minutes. Gold is on fire. Up more than 100 since ben bernanke dodged the taper. Should you get to us on a gold now or is it looking too expensive at this moment . We will break that down after the break. [ res reec] malennouer ] 1. 21igawts. Tod, ths ey. Gis rolutni pow. Supcharng tbine witadvaed hdwar aninnotiveoftwe. Ing ta pdictely helpoweenti cits. Sohe tbineof tay. Wl por usll. To t fute. Anthisark thensidof yr bo. Se thepeci psyium r metucil acallyels trasomearbs helmainin hethy ood gar vels metucil 3 aming nefi in 1uperiber metucil its been that way ysince e day you met. But your erectile dysfunction itld be a question of blood flow. Cialis tadalafil for daily use helps you be Ready Anytime the moments right. You cabe more confident in your ability to be ready. And the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph like needing to go frequently or urgently. Tell your doctor about all your medical conditions and medications, and ask if your heart is healthy enough for sexual activity. Do not take cialis if you take nitrates for chest pain, as this may cause unsafe drop in Blood Pressure. Do not drink alcohol in excess with cialis. Side effects may include headache, upset stomach, delayed backache or muscle ache. To avoid longterm injury, seek immedte medical hel for an erection lasting more than 4 hours. If you have any sudden decrease or loss in hearing or vision, or if you have any allergic reactions such as rash, hives, swelling of the lips, tongue or throat, or difficulty breathing or swallowing, stop taking cialis and get medical help right away. Ask your doctor about cialis for daily use and a 30tablet free trial. Liz just when a lot of people counted out groupon back in november, look at what it has done. It has doubled from its lows in may. One analyst firm is saying it is not too late to catch the rally. As we look at this stock, it is more important to see exactly what is going on. The last month or two your stock has taken off. Nicole another big day today. Year to date has been a great performer, liz. Of over 160 this year. Saying it is not too late to catch the rally. They are staying here in the u. S. They continue to see growth in local businesses. Mobile commerce, all about apps and shopping on mobile devices and the like and saying that will bode so well for groupon. They are raising what they are seeing and getting bullish on groupon even more so. As we can see it jumping and moving toward new highs. Liz this is a stock you need to hear why it is doing as well. Gold rallying today. It has been a tough year for gold as you can see. This particular area right there that is really starting to shine. A nice move in the wake of what is happening with the Federal Reserve and the decision not to taper yesterday. Jumping 4. 7 log in the strongest gain since 2009. Sandra smith on the floor the cme to talk about this. Sandra it is really crazy, actually. Still seeing gold prices up 61 right now. The way we have been putting it on the floor is these commodities are on sale. When you get the fed announcement yesterday, you get less expensive commodities so the buyers flocking around the globe to get gold and silver. Silver rights now it was a best performer in august, the best performer of this quarter so far up about 20 quarter to date. Silver prices the biggest gainer on the cme up about 7 . Gobbling up the Precious Metals and the Industrial Metals as well. Copper prices partaking in the rally. Up a couple on todays rally. Oil not participating. Bithey gained yesterday after te fed announcement, but oil down 1. 71 hovering around 105 per barrel. The reports today that showed usages down and production coming from libya is updating the selloff. Otherwise off to the races and commodities way up today. Liz we had our nymex trader who said 105. 25. Keep an eye on that. Thank you. The closing bell ringing in about 17 minutes after yesterdays huge taper rally across the board. It is that it jumped so far from where it had been. So what happens next . Innovations back at apple. Everybody chattering about ios 7 and can stocks get back to the record high it hit . One year ago today. 702. We are going behind the numbers next. And buzz for teaching us that you cant create the future. By clinging to the past. And with that youre history. Instead of looking behind. Delta is looking beyond. 80 thousand of us investing billions. In everything from the best experiences below. To the finest comforts above. Were not simply saluting history. Were making it. Folks have suffered from frequent heartburn. Butetting heartburn and then treating day after day is a thing of the past. Block the acid with prilosec otc, and dont get heartburn in the first place. [ male announcer ] one pill each morning 24 hours. Zero heartburn. Liz weve probably all heard about wardrobe ring. Shoppers buy an outfit for special occasion, where it once and return it. People do it, right . Bloomingdales is on to you. Thats come up with a new way to stop this practice. Estimated costing 9 billion per year. Now bloomingdales is attaching bulky plastic tags to very expensive dresses. They are 3inch pieces of plastic that typically hang on your screen from the headlines. It is nearly impossible to hide and if they are removed, bloomingdales says we will refuse to return if you take this off. The company declined to comment on the policy but some are wondering if they will actually backfire. Maybe lose loyal honest customers. Be cool, right . Apple makes one of the most dramatic upgrades to the Software Since the launch of the iphone years ago, and its stock is up. Shares still about 30 clip from the record high. Believe it or not, the record high was exactly one year ago today. Can this help apple get its groove back . Talking about this. Okay, first off, before we get to the reviews of it, which would be christinas world. But make it to you, tell me what this does for the company, how closely are you listening to the chatter about it, does it help you with the stock prediction . The last last one is the easiest, no, doesnt help us that much. Reviews have been very positive, far more positive than i would have expected. You have to figure out how many iphones they are going to sell. Liz you just referenced bloggers. She is a tech analyst, and the perfect person to ask about that. It is very positive. A lot of people like the new update. The new phones look fantastic but it is the biggest change we have had since the original iphone adding a lot of features people wanted before. Liz supposedly a 30 Adoption Rate hours after this was released. This is my phone. Here it is, i got it. My kids downloaded it for me. Do all this other stuff, i am kind of loving it, but what i found most interesting is on the instagram pictures, what they are doing is theyre actually instagram all the pictures of what is really going on. They were all so excited. Doesnt that translate to a dollars . I dont care how much money your kids have, but most parents iphones have kids. Having hype around the product is always positive and we would much rather have people like the phones then this like the phones he wants to own the stock. Liz what is getting negative reviews . Right now mostly how long it is taking to download the update. That is probably a positive. Liz it eats up memory as well. You need a certain amount of free space on your phone. You may have removed them first. Liz is sounds like youre waiting to see sales before youre ready to make any changes to your call. We have been sort of positive on the trading basis recently and part of that evaluation and part of it is we do not need to see a ton of sales data because the user base is so big and apples retention rate is so high we can bank on a certain percentage of sales the only question is how many new users can they get . Liz andy, does it bother you that did not release announcement of having to deal with china mobile . Something people in the financial world were waiting for. A deal was not there. I would not say it bothers me. A little bit surprising for sure. I would be very surprised if we fastforward nine months and still do not have that deal. There are issues with the network and pricing, so we had to get those. I was shocked because that is what we were expecting, the china mobile deal. It does work on the radio. They have announced that, so that is huge. That probably signals we will see a china mobile deal. It really shocked me. Liz three days in the silicon valley, the big tradein. Amazing what you can get for the old iphone 5. 388. Will people trade in the old, seminew iphone 5 for the new one . The 5s, maybe. Some other early adopters will probably do that by dont think you will see anybody going from the five to the 5c. Liz when, how, what do they need to do to reclaim the 772 level . You have to need some massively new model. You have to have some new product and service that generated billions and billions of dollars of profit. Liz as we finish up i want to show one more instagram photo. Something my nephew posted yesterday so excited about it and all of his friends started quoting and commenting. The fact we are 30 adoption in not even basically 24 hours is huge. It took google for years to get 30 for just one version. Liz google coming out with the new jellybean kit cat os as well. And they give them a run for the money . It depends. Some may make us put their own spin on it so it is not universal. Liz check out this website. It is very cool. Good to see you both. The closing bell ringing in six minutes. Can the nasdaqhold onto the slice of greenit is clinging to . Stick around, we will have the answer when we tell you how and what is pushing it up. You have to see the closing bell. With the sparkash card from capital one. Boris earns unlimited rewards for his Small Business. Can i get the smith contract, ease . Thank you. Thats three new paper shredders. [ boris ] put em on my spark card. [ garth ] boris Small Business earns 2 cash back on every pchase every day. Great businesses deserve unlimited rewards. Read back the chickens testimony, please. Buk, buk, bukka [ male announcer ] get the spark Business Card from capital one and earn unlimited rewards. Choose 2 cash back or double miles on every purchase every day. Told you id get half. Whats in your walle [ male announcer ] now, taking care of things at home is just a tap away. Introducing at t digital life. Personalized Home Security and automation. [ lock clicks ]. That lets you loser to home. Thats so cool. [ male announcer ] get 100 in instant savings when you order digital life smart security. Limited availability in select markets. [ indistinct shouting ] [ male announcer ] time and sales data. Splitsecond stats. [ indistinct shouting ] its so close to the options floor. [ indistinct shouting, bell dinging ]. Youll bust your brain box. All onhinkorswim from td ameritrade. Liz so lets put it all on the nasdaq, a 13year high. Four points to the upside. We bring in david asman as we head to nicole. David unfortunately not all the markets reacting similarly to the nasdaq. Dow is down at the days low. The market is trying to figure out where things are boeing in light of the fed decision yesterday. Interest rates ticked up a bit despite the fact that the fed said they would keep buying these bonds. Liz Nicole Petallides on the floor of the New York Stock Exchange. Shares of rite aid soaring after Quarterly Results there. They boosted fuel years views. They are doing well with generic drugs despite competition from wall greens and cvs. The stock hit afternoon alltime high. David qe is the designed to keep Interest Rates down. Federal reserve surprised everybody that they would keep going to purchase bonds to keep the Interest Rates down. Look what happened. The treasury yield on 10year went up six basis points. Is that a concern to trade officers. Not exactly. It is at 2. 74 . It is not terrible. When it started to push through 3 that is when they got really nervous. Now they see it is fluctuating a bit. Liz you guys were talking with us about pandora just earlier this hour. Up for the 11th day in a row even in light or in dark of apples i radio coming out, a clear competitor and pandoras investors say, so what. So what, exactly and the stock moves to new highs, the analysts loving what theyre seeing with pandora. It really has impressed wall street greatly, wowed wall street. David guess what, apple doesnt care either. Apple is up about 10 bucks. Pandora can be up, apple can be up, sometimes everybody goes up in their own right. Cant we all just be friend . Cant there be room for all of us . David cant we all get along . New iphones tomorrow, you can buy them. People are sleeping outside of apple on fifth avenue. [closing bell ringing] david big day for apple and pandora. Liz as the bells ring on wall street, and right there at the nasdaq where hsn and cosan with the charity involvement. Where is your money . We have a little bit after red on the screen and a teeny bit of green. Dow jones industrials pulling back although slightly after we saw a big move to the upside after the fed said no taper decision. S p 500 down 3 points. Tomorrow we have the triplewitching. It will be a volatile day but for now david it is a volatile week. Who knows what will happen tomorrow. Who knows what will happen through the next hour. Well take you first through the front page headlines to show you what made news. Jpmorgans london whale trading scandal is costing the bank 920 billion in penalties from u. S