Weightloss drug. This particular drug was approved here back in july 2012. Second time not approved in europe. Concerns about sideeffects. Now they will have to do more cardiovascular trials to try to get this thing restored. Sandra Network Automation, this is, sorry, Network Automation company, the name of it, inflow blocks definitely caught our eye. It is soaring up three bucks. David wow. When you see something up 18 they did something right. David jcpenney to the up side. A lot of questions about retailers. Jcpenney getting a 4 pop. They are trying to redo it. Ron johnson is working hard. Cutting a lot more jobs. Obviously people dont want to be laid off but it may be what the company needs. [closing bell rings] sandra the bells are ringing on wall street. The dow at 13,996, it is finishing five points above where it needed to be to finish positive on the week. Very important there. A gain of 120 points. The s p up. The nasdaq also higher and the russell, the big winner, david. The smaller cap stocks up more than a full percent in todays trading action. David how days change. Imagine yesterday thinking what would happen to the markets particularly hewlettpackard. A lot of action in commodities too. Gold is settling at a sevenmonth low on hints of course the fed may be ending its Bond Buying Program earlier than expected. The precious metal dropping 2. 3 to settle at 1572. 80 an ounce. Oil posting a big loss, closing down 2. 8 at 93. 13 a barrel. Sandra i would also point out, david, that the s p 500 closing its first down week for the year. David by the way i want to amend that. Oil was up a tick today, but it was down for the week. Thats what were talking about for the week, a 2. 8 loss for the week. Sandra the buzz over Online Gaming in negative as well as new jersey. Casino stocks getting quite the boost. Las vegas sands. Citigroup put on the big buy list for global stocks. They are all posting pretty decent gains. Melco. David the dow is up triple digits but materials was the worstperforming sector of the week. Freeportmcmoran, one of those sectors biggest names, in fact we have somebody that will be recommending that stock, it was ending the week down more than 7 . Maybe you buy low. Mining giant rio tinto posting a big loss, closing the week down nearly 8 . Sandra ouch. Hp Just Announced a new Server Technology called project moon shoot. Today as nicole pointed out, the stock taking a moon shot to better than expected guidance on the current quarter. Coming up the executive Vice President of hps Enterprise Group, he will be joining us. Fund out how they plan to strengthen their server, storage and networking business. Remember, david, it is not all about the pcs when it comes to hewlettpackard. David he has incredible projects including the moon shoot well be talking to him about. Also the big tech hoard. Americans are sitting on billions of dollars worth of old gadgets. 9 billion in iphones alone. Old ones theyre not using stuffed in a draw someplace. What would happen if they flooded the market . Would that actually hurt apple . Coming up ceo and cofounder of gazelle. His site pays people00 of dollars for their unused tech items like iphones. Find out how the market is doing and where the old gadgets actually end up. Sandra iphone might be worth some money. Well tell you what drove the markets today, with todays data download. Stocks rallying but not enough to recover from earlier losses this week. At least for the s p 500, snapping seven straight weeks of gains. Its longest winning streak in more than two years. The russell 2000 also closing the week in the red despite todays big gain, ending its longest winning streak in nearly ten years. The materials the worst performing s p sector closing the week down more than 3 . The Euro Currency falling to a sixweek low against the u. S. Dollar on concerns over the strength of europes financial system. The euro fell to an intraday low of 131. 44. This after the European Central bank announced crisis loan repayment by banks fell short of expectations. Lots of actions in the medical metals pits this week. Gosh, gold, silver. Silver and copper both ending the week lower. Silver closing down nearly 5 while copper posted a 5 1 2 drop, david. David we have got it all covered. We have daniel in the pits of the cme. Our market panel, larry shover who we usually see in the cme is in new york. And steven sachs, proshares head of capital markets. I want to start with daniel, at the cme. Danny, amazing turn around when you think what happened yesterday. How much of that was dependent upon what happened with hewlettpackard . I mean did people look at hewlettpackard as a pace seter here in todays market . No, absolutely no. This is all about the fed and bullard coming out saying theyre not going to pare back as quickly as some people thought, definitely sent this thing up. Just as yesterday when they said they were worried about them pulling the punchbowl away, it made it come off a bit. That is going to be what we have to focus on along with the sequestraaion issue. Today it is all fed. David it is usually always the fed, isnt it . Sandra dan, well not be able to rest this easy this weekend because of course weve got the big elections happening over in europe. The italian elections. This could definitely play a big part when trading resumes on sunday night. It most certainly can. You know i dont know that it will have a big effect or, should have a big effect on one way or the other but psychologically it will be, a kind of a thorn in our side if you see a massive change in italy. So that, im surprised we came out as strong as we did today, going into news out of italy. David daniel, i want to ask about gasoline prices before we get you let you go. Well come back when s p closes. But how much of a drag that putting into the economy and market as well . At this point not so much, because it is early on. As long as the ga hangs around 4, that is where were at in chicago land area, 3. 80 in the country, the more it stays up the more of a drag it will put on there i dont know the exact correlation when you see gas prices at 4, the equities pull back. David well check in with you a few minutes when the s p futures close. Thank you. Sandra thanks, dan. Lets bring in our market panel. Harry shover joining us in studio for a change and steven sachs. Larry, you saw the dow finishing positive for the week but the s p snapping a sevenweek winning streak. Are you in the camp that we may be in for a correction here in the stock market . Yeah, sandra, i do believe it is well overdue well have a correction. The bigger story remains in place. Valuations are good. The economy is trudging along. I do believe well see 1550 in the s p by the end of the year but we have gone up too far and too fast and we are overdue for a correction. David but, steven, on the other time, every time you sense that were in for a pullback like the end of yesterdays trading session you get a push back up like today. It is always this pullback and then, a strong push up again. Usually on comments by the fed. Is that going to continue . You know i think that. David hold on a second, larry. That is for steven. Im right next to you. Sorry. David, i think so. The pattern weve seen really for the better part of 18 months in the equity side of the equation just that. We had corrections. They have been fairly shallow. The most significant one is probably 6 area. Just like weve seen this week, were 2 off the highs in the s p and sentiment on the street, particularly in institutional Trading Community i talk to a lot, really money is on the sidelines. Any pullback we get money is put to work quickly and the pullbacks are typically very shallow. So it feels like it will continue. Sandra guys, you think you need to focus on the positive here. You can say were in for a correction all day long or you dont feel good about how far we come so fast but, larry, can you give me someplace we can look in the markets to play our money . People are on the sidelines in 2012. Theyre in it now. Where, what kind of stocks do you like right now . Right now the best thing to do is wait. Slow and steady inches with the race. Sometimes not losing money is making money. So i would wait. I wait for the pullback. 1450, in the s p 500. A good place to get in. However, i do like financials and the materials. I would get into jpmorgan, wells fargo. Freeport and owens corning. These are great things and gives you broad exposure to the housing recovery that well continue to see and also the, the great story in asia, exjapan with continued urbanization. I think it is a great time to continue to get into those stocks however i would wait and get my shopping basket out waiting for a pullback. David larry, i want to challenge you on one of those, freeportmcmoran. You have silver and gold. A lot of people say gold will go down much further than what it is now. You have both Goldman Sachs and eric bolling say it will go down to 1200, 1200 an ounce. Dont you want to wait until you go down further before you get in there. I love eric bolling and basically others is basically old story. The gold is trading well above its cost structure. It needs to go to 1200 an ounce but theres another story. Were in the middle of a experiment with Monetary Policy we never every seen throughout the whole world. There is race to the bottom. I cant imagine that gold wont stablize at some point with central backed buying. We have the india story. The supply is good however when the supply starts to run out you will start seeing indian demand again. You will see some support and gold should rally from that point. Sandra david, you sort of have an idea that europe is good place to play your money right now despite the fact contraction is still expected over there. Kind of in line with what we talked about with citigroup today. Theyre saying look at Big International companies with exposure outside the United States. Is that sort of the play youre looking at . It really is. If you look at it first and foremost, probably one of the better ways to play that or safer ways to play that are u. S. Sectors that have exposure to, you know the international landscape, particularly europe. Of europe is no different than what he were facing here a few years ago. They have come through a lot. There are still certainly headwinds. Obviously gdp growth is an issue there. But from a pure valuation perspective they have weathered a pretty big storm. It is not something that we would look to go allin on. If youre looking to alcoa kate particularly europe for the longer term. There are better values than we saw a few years ago. You want to start looking for values across the macro indices and sectors in particular. David steven, larry, thanks. If you ever want to trade in options, it is a very dangerous market to trade in. Sandra not necessarily. David youre risking a lot but the payoffs could be great too. Listen to larry shover and listen to sandra as well. He has a book how to trade in options for times like these. Sandra options are meant to market less dangerous. Thats true. But it can be a risky bet. You want to have help when youre doing that. Larry shover has a book to help you threw it. Thanks, guys. Appreciate it. Hewlettpackard leading the dow up 12 . Coming up the executive Vice President , hps Enterprise Group telling us how the companys 35 billion server storage networking business is going to expand. They have a server that is the size of a small paper back book. Incredible stuff. Sandra nice. Getting dreamliner back in the air. Really . Representatives from boeing meeting with the faa to discuss a solution to the battery issues that have grounded these jets. Well have the latest on that. [ male announcer ] this is karen anjeremiah. They dont know it yet, but they gonna fall in love, get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get married, theyll find some retirement people who are paid on salary, not commission. Theyll get straightforward guidance and be able to focus on other things, like each other, which isnt rocket science. Its just common sense. From td ameritrade. Its just common sense. Today is gonna be an important day for us. You ready . We wanna be our brothers keeper. Whats number two we wanna do . Bring it up to 90 decatherms. How bout ya, joe . Lets go ahead and bring it online. Attention on site, attention on site. Now starting unit nine. Some of the worlds cleanest gas turbines are now powering some of americas biggest cities. Siemens. Answers. Its delicious. So now weve turned her toffee into a business. My goal was to take an idea and make it happen. Im janet long and i formed my Toffee Company through legalzoom. Never really thought i would make money doing what i love. [ robert ] we created legalzoom to help people start their business and launch their dreams. Go to legalzoom. Com today and make your business dream a reality. At legalzoom. Com we put the law on your side. Sandra 15 seconds to s p future close in chicago. Lets go to the dan in the pits of the cme. Dan . Were not seeing a whole lot more action than what we saw at the 3 00 close but what i would look for next week is two things the italian election over the weekend and the sequestration issue. Long term im not worried about sequestration if it happens. Shortterm the market will be a bit concerned. We might see a pullback off of that. Sandra dan, thank you very much. I will see you next week. David thats right. Sandy will be in chicago. Shares of blackberry are falling. Lets head back to nicole on the floor of the New York Stock Exchange for more information. Why was it down . David, im looking at a Research Note from mkm partners, when you start to read this is terrible news for blackberry. Take a look at the stock. It was down about 5 . They have downgraded blackberry to a sell, saying that there is 90 chance of the blackberry ten will flop. The shares could go to 7. They reduced price target to ten but it could go to 7. One of the reasons, they talk about the apps, there is lack of apps. Another thing they talked about the u. K. Z ten, which is comparable unit. Sales there have stalled. There is unwillingness by the carriers, the carrier checks, suggest an unwillingness to carry heaventory of the blackberry ten. It is not doing that well over in the u. K. Of course we know that it will be launched here later in the month ahead, however, of, mkm partners certainly giving a giving a cautionary tone on the new product we waited basically a year and a half for. In the meantime, i can tell you the stock has been a winner yeartodate. It is up 11 . Certainly outpacing a name like apple down yeartodate. You cant compare them directly but at least for the year 2013 blackberry was the better investment. Lot of cautiousness. David i have a new blackberry, the keys are getting stuck. I dont like that. It could go down as much as 30 . Thanks, nicole. Sandra representatives from boeing meeting today with the faa to propose a fix for the faulty batteries that grounded an entire fleet of dreamliners worldwide. David this is a costly problem. So where do we stand on a fix. Lets go to peter barnes for breaking news on this. Thats right, david and sandra. A statement out by the faa after this meeting. It says quote, the faa is reviewing a boeing proposal and will analyze it closely. The safety of the flying public is our top priority and we wont allow the 787 to return to commercial service until were confident that any proposed solution has addressed the battery failure risks. And this meeting happened this afternoon here in washington, about 90 minutes were told. Broke up at around 3 00 this afternoon. The meeting, included the commercial airplanes president at bowing, ray connor. Faa administrator. The company says in a statement that it released that the meeting was productive and, quote, we are encouraged by the progress being made toward resolving the issue and returning the 787 to flight for our customers and passengers around the world. Boeing and the faa offering no other details. The connor reportedly went in with a proposal for some new designs and safety features for the hightech but faulty lithiumion batteries. Among other things the new engineering would reportedly add insulation to batteries to make sure they dont catch fire. The company has been testing a new design. But david and sandra, the big issue here how quickly the testing can get done, how much testing the faa wants the company to do, both on the ground and in the air, and there is some officials saying that they could get the dreamliners back in the air by april. The company telling the wall street journal this morning that they hope that they will be back in the air by midmarch. Back to you. David meanwhile the Engineering Union just rejected a pension deal. So they may have trouble on the union front as well. Boeing with some problems, quickly. Well there were two, two, yes. The engineers actually accepted it but the technicians rejected it, david. I was just reviewing that as we went over it. Two separate bodies within that group. David right. There is no strike imminent. David theyre threatening one anyway. They are threatening one and these negotiations continue. Peter, thank you very much. You bet. David do you have an old cell phone at home collecting dust . I have a couple of them. Youre not alone. Americans have 34 billion worth of the old gadgets at home. Up next the ceo of a company that pays people hundreds of dollars for the phones. What do they do with them, particularly the old iphones . How might this affect apple. We ask gazelles ceo and cofounder next that axiron is here. The only underarm treatment for low t. Thats right, the one you apply to the underarm. Axiron is not for use in women or anyone younger than 18. Axiron can transfer to others through direct contact. Women, especially those who are or who may become pregnant, and children should avoid contact where axiron is applied as unexpected signs of puberty in children or changes in body hair oincreased acne in women may occur. Report these signs and symptoms to your doctor if they occur. 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