Make their statement before trump gets under way there. Absolutely, bill, heres what happened. They started to gather north of the Silicon Valley region. For those of you unfamiliar with that part of california. The police were put on high alert earlier this morning. Specifically because of what happened in southern california. Costa mesa last night. There was a trump rally, it turned violent. A number of cars that were damaged. Riot police were brought in. Given the fact that mr. Trump is scheduled to speak shortly at that location in burlingame, specifically the Hyatt Regency, the police were put out early at that particular location. They have barricades up. You can see them just past those people we saw walking. A large contingent there are hundreds and hundreds of people at that particular hotel. They pushed against the barricades and then they tore them down and rushed the hotel. At that point, the riot police which were standing to the side moved in and pushed the protesters back. I did not see anyone hurt. They did go back behind the barricades. As they widen out on this live picture, thats a look at the Hyatt Regency and the grounds. But it was fairly well organized at that point when they tore the barricades down. Most people there that i saw had antitrump posters but we understand that there are some pro Trump Supporters as well, and sometimes thats where some issues develop. Thats a live picture so the helicopter is obviously pulling out and that could be the trump motorcade coming. I dont know that. But if the helicopter moved and it seems as though that road is closed, and there are suvs there. So that could be the trump motorcade arriving. So well continue to watch this particular development because as he gets closer to the hotel, well see whether or not we have more altercations with the police. Obviously security is very, very tight. There are a lot of police officers. Theyre all in riot gear. And the protesters have tried and succeeded in tearing down the barricades once that we have seen and have rushed that hotel. All right. Sue, thanks. Lets go to josh lipton whos on the ground there outside the grand hyatt. We can tell you, josh, that depending on how fast and how far away they are, youre moments away from the arrival of trump there. Yeah. It does look like trump was arriving. Remember, he was scheduled to speak here at 3 00 p. M. Eastern. So right behind me at the hyatt in burlingame, california, north of Silicon Valley. Trump has a lot of support in california, among republicans. But there are hundreds of protesters here now and the police also out in full force. They were here very early this morning. Youve got a lot of police in riot gear. It was a few minutes ago it looked like some of the protesters tried to storm their way into that hyatt where trump was speaking. I then saw all of the cops move in in riot gear and push them out. Trump is scheduled to speak any him here. So well bring you those headlines as they do come, guys. All right. Things settling down though for the moment. But it will be very interesting to see what happens depending on where they drop mr. Trump off. Probably in that little plazaary there, near where you are, right . Right near me. So right behind me theres the hyatt. And toward the left there is where protesters listen, theyre trying to figure out where trump is going to be coming in. So they stormed back towards this way a little while ago. They tried to storm the hotel. Now moving up this way. Thats where it looks like trump is coming in. Very good. Thank you, josh. Lets get to the markets. The dow down 128 points. Its been a rough 24 hours and i want to show you the s p 500 we were tooling along here. Middle of the day yesterday we sort of drooped. You see were down 2 . Icahn and a he had a little bit to do that. And apple dropped noticeably. Lets look at the markets today. Be very careful about complacency in the market right now. We dropped 2 in the last 24 hours. 2 to 1 decline and the buyin is heavy. Its the end of the month. Vix is at a one month high. All of the biotech and exploration and production stocks, theyre normally moving on a market moving day. Theyre the ones moving the most today. So were getting a little volatility at the end of the month. I want to point out, on the earnings front, exxon was up throughout the whole morning. It is negative slightly here. But not bad considering the market overall is down. The important thing was their earnings. This is what a big diversified Energy Business will do for you. Theyre big in chemicals. Their chemical business was terrific. It was up 38 . The downstream business is basically gasoline refining, that was strong. They had a loss in the upstream, but not as much as expected. A pretty good report and the question, bill, is whether or not were at trough earnings for some of the Energy Companies. For exxon that may be the case. Back to you. Thank you, bob. Now to amazon stocks on the back of the earnings. Dominic chu looking at the game of thrones style fiefdom. If you look at the game of thrones theme we have got here, it reminded us of the tech landscape. A lot of the major ones are battling for the iron throne. If youre not a game of thrones fan, think of it as a board game like risk. Now lets look at for instance all of our houses here. We have the google, a microsoft, netflix, a facebook and an amazon. Theyre strewn across the tech landscape and theyre all starting to encroach on everyone elses territory. All of the companies do multiple things but we put a couple of them to give you an idea of the landscape that were talking about here. First of all, check it out. Google and microsoft may be soft where you can say netflix and facebook and cloud computing, well netflix and amazon are competing. Not on the other basis but original content as well. And now take a look at another perhaps battle thats developing with regard to some of these. You have an advertising giant like google. Now, its kind of facing off against facebook thats trying to make forays into the online video. Google alphabet owns youtube. So those guys are becoming strange enemies on that front. Then you have another perhaps conflict developing here with microsoft. Big software giant, applications. Going against amazon in terms of cloud computing. Microsoft wants to put it out there as one of the big offerings. Amazon a big player there. Take a look at this one as well. If you look at the overall view of how the guys are interacting with each other, google and microsoft going after each other as well in terms of some of the offerings that they have. All of these Tech Companies are trying to jockey for position and encroaching on everybody elses territory. Just so they can have that supremacy that they want in technology. So it may not be exactly like game of thrones but its certainly playing out where some of the companies are becoming either strange bedfellows or frienemies and trying to battle for supremacy, game of thrones style. I want to know if john snow is alive or not. I wont say anything. I guess you wont. Thank you very much. That was interesting. Two investing companies and carl icahn and Warren Buffett sounding off. You cant have a Federal Reserve give low interest negative Interest Rates without creating tremendous bubbles. I do believe in general that there will be a day of reckoning unless we get fiscal stimulus. Well, there were probably this is the most wild guesses. There were probably 50,000 or more that bought stocks today or 50,000 that sold. I dont know if i would put too much weight in what they did. Lets talk about this market. Closing bell exchange, we have jim lowell and trader stephen guilfoil with us at post 9. Rick santelli joins us from chicago. Two different points of view there from carl icahn and Warren Buffett. Icahn wringing his hands a bit over the future of the market if we dont get fiscal stimulus and if the fed doesnt get off the dime where Warren Buffett is taking things in stride here. Break the tie for us. I dont know. I do think that the you know, the stimulus is the markets opioid of choice, clearly very addicted to wanting more of it. We saw when the bank of japan did not provide more stimulus, that the Global Markets didnt get it. Sold off as a result. I think what we also saw is back in september, the fed moving from the first dealer of stimulus on the block to trying to dose in some rate hikes. Basically, to begin to back away from the massive stimulus efforts that were successful. Initially, we met with a selloff. Then i think as the markets believe more stimulus was coming they definitely rebounded. A false high. Its important for the markets to be able to stand on organic growth, not stimulated growth. Were not there yet. Thats what this last few trading days are telling us. It will be interesting, sarge, to hear what the oracle has to say tomorrow. That Shareholder Meeting for Berkshire Hathaway. Hes someone who can come into the market and try to talk people off the cliff so to speak. He tends to be a positive force. And this being the last day of the month as a trader, were thinking a little window dressing tonight. Maybe a little pop on monday. Guys usually go home flat. Now they have been given a discount, probably will go home with some loans on the table. Because you think well be hearing the good News Comments from Warren Buffett over the weekend . I think there will be some cheerleading. They tend to be positive for the s p 500. Does it matter its a may month about to be kicking off. We hear that old proverb about buy in may it goes away. Its generally more times to sell your portfolio and may that old adage was for the end of may, not the beginning of may. If youre selling because of an old wives tale, youre crazy. The dollar continues lower, energy has been the big winner this month. Gold continues higher. What are your expectations as we head into the month of may . Well, i think what i look at is that the s p 500 is about a half percent positive territory. The dow is about a percent and half. Remember how many times those equity markets and those stock indices knocked on unchanged before we finally broke through to the other side . Well, i think coming down i would suspect those areas will be decent support. I think that whats going on in europe, a little extra growth caught some off guard. Maybe that took some buyers out of the market. But im convinced Warren Buffett aside that the land of negative rates will continue to lose their investors to economies like the u. S. I think that will be a bright spot and i think the drop in Interest Rates after the meetings made sense, but im not sure that that drops going to get a lot of legs, you want to pay close attention to the 175 level in tens. I think carl icahns comments was the timing. As an activist with liquidity all around the globe. Could you find a better time to try to extract companies to invest in their own stock and then pay it out in the form of dividends . Its a wonderful thing. Hes in the perfect business, but the timing of his comments i think are very important. Because i think a lot of that may have run its course. Jim just briefly, are you guys looking, you know, to pick sectors here in other words . When we have been debating whether, you know, debating the merits of technology versus energy versus health care. Are you Going Company specific . What are you doing here . Were clearly looking at health care. Knowing our managers are buying on dips and we think the financials especially u. S. Banks, like they have financial books like in 2008 theyre in much better shape. In Technology Space it absolutely is creating some bargains especially on days of significant selloff. Were long term investors. We think our risk days create long term opportunities for us. All right. We are coming back. Whats the one level you are watching right now, sarge . The panic, i dont think well have a sharp selloff. I want us to get above 1263 on the s p. Oil went above 46 while we were sitting here. You think that supports well, with oil and gold moving thats what investors are focusing on. We have to go at this point. Thank you, all. Have a good weekend. Thanks. About 45 minutes to go in the market here. Keeping an eye on a decline for the dow. The s p is down 16 points. Transportations are down 110. And the nasdaq is down 40. Main Street Investors will sound off and well get their picks to see if apple is worth buying on the latest dips. Up next, well go live back to Silicon Valley where donald trump is on a mission to win the hearts and minds of some voters he may have alienated. Protesters disrupting the rally a few minutes ago. Well bring you the latest. Youre watching cnbc, first in business worldwide. Nothing unleashes power. Quite like the human foot. Introducing the 241 horsepower lexus is 200 turbo. With almost twenty percent more base horsepower. Once driven, theres no going back. Well, with the markets trying to come off the days lows, lets show you a couple of other movers at this hour. Seagate tumbling on the earnings miss. The data storage maker issued disappointing guidance for the Current Quarter and flat gross margin growth as well. That was during the Conference Call with analysts today. Also on the flip side we had monster beverage one of the biggest gainers in the s p today. The Energy Drink Maker reporting better than expected earnings thanks to Distribution Deal with cocacola thats helping to boost sales. Monster announced a 2 billion Stock Buy Back Program via a modified dutch auction tender offer. Now california is playing a key role in picking the republican partys president ial nominee. Our josh lipton is out at the california Gop Convention where frontrunner donald trump just arrived and maybe jumped a fence amid a number of protesters . Whats going on . Yeah. Absolutely. Donald trump were hearing did just arrive. Hes going to be speaking at this hyatt right behind me here. Were in burlingame, california, which is just north of Silicon Valley. Listen, we know trump has a lot of support among California Republicans. Hes leading senator ted cruz by more than 17 percentage points. But there are hundreds and hundreds of protesters here as well. I can tell you emotions are running high. Earlier today, we saw a trump supporter going at it with some trump protesters. A scuffle breaking out. Luckily it did not look like anybody got hurt there. And then just a few minutes ago it did look like a group of protesters tried to barge their way into the hyatt where trump is scheduled to speak. You had police then move in in riot gear and push them back. I did catch up with both sides here, i spoke with trump fans and critics, trying to get their sides. Take a listen to what they had to say. We have already seen him turn the establishment upside down and stand up for the american people. He has the strength and the determination to make this country great again. We cant sit back and allow all the violence and all of the just the silly things hes saying take place. I like his business leadership. I think our country needs that. You know theres no perfect candidate but hes certainly better than what we have. We dont have a friend in hillary clinton, however, donald trump is definitely the worst of two evils. Now, as we said trump did just arrive here a few moments ago. Hes going to speak at the hyatt and well bring you guys those headlines as soon as they come. Back to you. Josh, by the way its interesting because youre talking to a lot of the public there. People who are coming in for rally. California like any state, the mood in the city is very different than the mood across much of the interior. Im just interested to know whether the you know, kind of the aggressive rhetoric out of Silicon Valley from Mark Andreessen and the other guy, does that resonate with people or does that make them feel more you know, supportive of what they like about trump . Well, listen, i mean, youre right to point that out. Donald trump has a lot of support among republicans in california. He has that double digit lead over senator cruz. Among Silicon Valley elites youre right to highlight that. We saw Mark Zuckerberg of course suggest that he was a he was coming out in opposition of trump and that decision to build that wall between us and mexico. And its not just ceos of course. You have had a number of right leaning vcs come out trump. Mark andreessen suggested he would vote for clinton. You have keith he boyd coming out, so theres that divide, kelly, youre right to highlight it. Josh, thank you. Keep us updated there out of burlingame, california. Lets take a break here. Were about 40 minutes to the close, but the dow is down 103 points as we start to close out the month of april. And then we got into may. Coming up, Retail Investors are telling us whether this pull back is scaring them out of the market. Also, Amc EntertainmentCeo Adam Aron is telling us how the block busters will impact the bottom line and if they have any acquisitions coming. Well ask. Yes, we will this time. Coming up. [ soft music ] e. T. Phone home. When you find something you love, you can never get enough of it. Change the way you experience tv with xfinity x1. Welcome back. Weve got about 35 minutes left in the trading session here with the dow down about 101 points. Focusing on the transportation stocks, we were just talking about that with sarge guilfoil. He was saying maybe might be time to buy some railroads right now, but the airlines we have been focused on those today. The transports are down 114 points right now as oil tries come back. United continental, watchi