Some people call it momentum stocks. They were down big last week. All of them big name tech stocks we follow closely. Amazon, netflix, a tesla, price line, facebook, most of them are down a b more except for netflix. I think sandra i am watching them too. Stuart this i think is a crucial day. Of the selling continues theres a lot further to fall but if some buyers come in they can stop the rot. You know investing. What do you say . Sandra in defense of the investor they shouldnt be getting in and out of stocks on a daily basis. If they own these stocks it is for a longterm buy and hold it you are a true investor. We are not talking about trading here. When you look at face book which you mentioned is in bear market territory meaning it sold off 20 from recent highs keep in mind if you are asking the questions should i buy it since it is so beaten down, it is double in value over it the past year. It is still expensive. It is still a pricey stock. Stuart this is david asman. Dave for the past three four months i think the people who have been moving the market are the people who were in and out, not the people in for the long term. It is the big traders who are moving the market and is not a retail, retail trader stock moving the market years ago but particularly the past three four months people have been getting profit and getting back in, it is that in and out Movement Moving the market generally. Stuart i think this is still crucial day. If the selling continues today, if amazon for example approach 300 a share you got yourself one enormous correction. Dave amazon has been going down even with this new product, you can see is on a percentage point better earnings season coming up and that will be critical. All of this is a preamble of what will happen next week beginning on friday when we get those big bank stocks. Stuart i will leave it with that, crucial they. Watch what happens today because it is a pointer for the future. Check the big board, down 104 couple minutes ago and now we are down 93. And wont call that a come back. Tiny come back. Look at mankind. Now says the fda has the latest decision on its inhale insulin treatment. That stock took off last week when the reverse news came out. Now we have hesitation from the fda. Down goes 9 . Big drop. Drugs from pfizer and eli lilly showing some promise in slowing the progress of breast cancer. Which way are those stocks going . Nicole pfizers down 2 , came out with the treatment, experimental therapies cut off because of side effects but pfizers numbers came out and pushed back cancer for median of 20 months, twice as long as Current Treatment this seems like good news that analysts think moving forward with this job may be a long shot. Eli lilly had their own findings and showed their drugs showed anti tumor activity in 33 of 47 patients. Stuart take a look at amazon, it just about got a new product, i dont think this is affecting the stock. Scan the bar codes on your groceries at home, and automatically adds its your amazon shopping cart. You can even speak to it. I need pork chops and it hadnt. Seems to me like amazon is just walking every single day into a whole new area. Sandra they want you on there website and all your products tied to their web site and they dont want you to leave it. User its and the important. Is tied to amazon fresh. This isnt like some other devices or some other error when we have seen where you can make your grocery list and you can buy them on whichever venue you go to buy your groceries but specifically targeting amazon fresh. It is interesting the video that shows you how to use it was voiced over by what sounded like a toddler. It is showing you how easy it is to use this product. If youre eating cheerios and run out you just scan the bar code on the bottom of the cheerios box and it goes directly dave this could be a loss leader. They could lose money they are already breaking even on the kindle even though it is a good product. My wife caslon and we like the connection with amazon prime but this will lead people to amazon prime which is their money maker. That is what theyre hoping. Stuart that is what they do. They pull more people in. Dave they raised price of amazon prime quite a bit and this might be the link that brings people in. Stuart free 19, it was 400 plus. Dave it is in the middle range. Some people might see it as a bargain. Sandra putting out a perception that they are everywhere and if you need something they have the capability to do it. It might be a loss leader but keeps people interested in the name and the company. Stuart amazon is the Easiest Company for me. It is a love fest for amazon. Check grubhub, big ipo friday. Let me explain. You ordered dinner on line from a restaurant. It is delivered to your door. That is what grubhub does live up 40 friday, another 3. 5 today. Investors like grubhub. Check yahoo taking on amazon, netflix and all the others, producing original streaming contents. Wants to develop a halfhour sitcoms. We set off and on this program, you are a guy who doesnt appear often on this program. You agree streaming dave the question is whether they have the magic touch. Googles youtube we havent seen anything solidly delivered from there. Netflix so far is true that that is where the market is going. The Television Market is going away from the Classical Network model going more towards an individual product issued by netflix or whatever. There will be more of this. The question is whether melissa can develop a Production Team. It is a different Production Team you need to put on content. Stuart that is the nature of yahoo stock. Dave it will be tested, we shall see. Stuart i hate the way streaming takes away from cable television. Sandra takes away from stuart varney. Dave fox is providing a lot of profit. Stuart yelp, right now up today, very much a down market. This stock is down 30 . Anonymous negative reviews on yelp, Business Owners say they are treated unfairly on yelp, yelped in response says users have a right to remain anonymous even if they are ruining somebody elses business. We joined by the ceo of an Online Travel booking companies that you know all about. Yes we do. Stuart before you give your commercial i am going to ask about yelp. Do you support yeltsin in saying our users should be allowed to put anonymous reviews on our web site . The law supports them. And we should maintain a lot of value for consumers to get reviews. They are not as helpful. Stuart they are not factually accurate. Suppose somebody gangs up on your business, put out a load of rubbish, anonymously and ruins your business . What do you say to that . It is important we create mechanisms that genuine. This is a niche issue. Most of the reviews are actually coming for people who are frequent users but that is an issue which is an anonymous one. We already know the anonymous reviews are not as relevant as somebody willing to stand behind them. That is already there. We can do things. Amazon has done a great job and we will love that. Somebody really has touched that or they purchase that product. The more we can do that somebody has done something is important so that is technology now. Apple can allow you to see where a company went so there are a lot of things we can do to ensure we verify these. Stuart i am told pete. Com, your web site, is doing very well. You have all kinds of big name hightech investors with gobs of money behind them supporting your web site. We have some names on the screen, jack busey, eric schmidt, all the way down the line. Do you expect to be bought out and make 100 million any time soon . I did love to be a big valuable business and i would love to see it as a freestanding stuart every time i get a website person on the show doing well, i ask the same question. Would you sellout for 100 million and they all say no, i just want to build the business, i love this business, i am committed to this business. You are more committed to the business than to 100 million. Is that true . I am. Everybody is. Stuart would you take a one hundred Million Dollars . I would love to. Stuart what are the circumstances with 100 million . You can build a business that is more valuable than the one hundred Million Dollars you wouldnt take it. Stuart if i go on a website i am going to d. C. For a weekend you tell me what activities there are in d. C. You book those activities. Yes. Stuart that is where you make your money, take a piece of the transaction. Fact yes but we enable things. A lot of operators, kayak tour operators, these are not on line in a meaningful way so we help get Online Booking for their own web site and peak. Com consumers can come. Stuart when you came from england to america just to do this . Or originally to go to Business School so i went to harvard and decided to stick around because it is a great place. You did the same thing. Stuart when you came to make 100 million. I know you did. We talked about potentially making of a little more. Stuart you are a good sport. Thanks for being with us. Pete. Com. Got it. Thanks for joining us. Congressman Keith Ellison took a page from occupy wall street proposing a robin hood tax. Question, does that message resonate with millennials . The man who infiltrated the occupy movement do you remember when he did this . People write you share time . I give out 100 and need a place to crash would you want me staying in your tent . I am not that dont have room in my tent. Weekdays are for rising to the challenge. Theyre the days to take care of business. When possibilities become reality. With centurylink as your trusted partner, our visionary Cloud Infrastructure and Global Broadband network free you to focus on what matters. With Custom Communications solutions and responsive, dedicated support, we constantly evolve to meet your needs. Every day of the week. Centurylink® your link to whats next. How much money do you think youll need when you retire . Then we gave each person a ribbon to show how many years that amount might last. I was trying to, like, pull it a little further. [ woman ] got me to 70 years old. Im going have to rethink this thing. Its hard to imagin how much well need for a retirement that could last 3years or mor so maybe we need to approach things dferently, if we want to be ready for a longer retirement. Stuart wind we are following last weeks 150 point drop friday, 103 down. We are still at 16,300. That is 250 points from an alltime high. Lets not complain too much. The price of gold, 1,300 an ounce, down 2 but 1300 as we speak. Price of oil 101, 100. 68 a barrel is where we are. Democrats want to put limits on political donations. Nancy pelosi has a surefire way to get it done. Listen to is this. When it comes to individual rates, it is the owners choice and is really a bad idea and shall we say ironic thing, maybe ironic is not the word is we have to raise money to win the election. To reduce the role of money in politics. Stuart remember it was passed the bill so we could read what is in it, david is still with us. She has problems communicating. She has become an embarrassment to the Democratic Party. Dave she is in safe district, they are leftists who believe in what she is saying. Last week was the Founding Fathers would have loved obamacare. I dont know why but there isnt anything in what the Founding Fathers based this bond that would connect with one obamacare is. The Founding Fathers were all about keeping government out of our business but the jobs figure last week proved we are at the same level of jobs we were before the recession began which in raw numbers is true, the people that pulled out millions and millions of people who pupu out of the job market. She provides statistics that even a 7yearold could not believe in. These are just so obviously incorrect. Some of the things she is saying, also hypocritical with all the stuff they have dumped on the Koch Brothers she is talking about the democrats raising of money. Sheet adds hypocrisy to a level of counting that would not be acceptable in any junior high school. I believe she has become an embarrassment to the Democratic Party and future generations will look back and say how could she have been elected . Stuart she was the speaker of the house. Food stamps give the best bang for the buck. Dave when she was speaker of the house could get a common tax packs even though she had all the houses of congress represented by the democrats. Even as speaker she failed. Stuart moving on we have a group led by democrat congressman Keith Ellison calling for a robin hood tax, a 1 2 tax on all Financial Transactions. Listen as congressman ellison defends the push on the anniversary of Martin Luther kings assassination. The iact, we believe is some things that would make Martin Luther king proud because he is the one who said any nations that spend more on weapons of war than human uplift is approaching spiritual death. Stuart i think congressman elsons idea of a robin hood tax taps into the feelings expressed during occupy wall street, very similar. Attack those greedy fat cats, that will get the millennials behind the movement. Lets ask the author of obama zombies, he is with us again this morning. What do you think . If you attack wall street as occupy wall street did, we are going to tax every financial transaction because of those wicked fat cats does that bring in the Millennial Vote . What do you say . The message is less potent than it was a few years ago but in reality this tax the rich, and are wall street message does resonate with young people particularly on college campuseses because they have professors with an egalitarian message all day long and young people believe in their heart of hearts because they dont have real world experience to give them another perspective, they think we tax those rich people little more we will all be dancing on the streets of government own gold eating fda approved wife will be glorious. Stuart that is so intellectually simplistic, isnt it . Tax the rich, give it to us and everything is fine. I expect more of Intelligent College kids. Is it simplistic for them to believe in such false reasoning . Absolutely. Remember liberalism must rely on ignorance and he motions so it is much easier to gena bull horn like Keith Ellison and go we need Economic Justice and this is how we are going to do it rather than for someone to study the Economic Data and come to the conclusion that state run policies exacerbate policy poverty, they do not alleviate it. If we had an informed public Keith Ellison wouldnt have been elected to a school board little on the united house United States house of representatives. Stuart i will cut you off because im flat out of time. I have these hard breaks. I do apologize. Extended time frame next time around. Thanks very much. How about renting a bathroom for a couple minutes . You can do it and we have a company that is doing it in a moment. Are we still on for tomorrow . Tomorrow. Tomorrow is full of promise. We can come back tomorrrow. And we promise to keep it that way. Csx. How tomorrow moves. What a day. Cant wait til tomorrow. [ male annncer ] with nearly 7 million investors. Oh hey, neill, how are you . [ male announcer. Youd expect us to have a highly skilled call center. Kevin, neill holleys on line one. Ok, great. [ male announcer ] and we do. Its how edward jones makes sense of investing. Stuart we follow 3d stocks closely. 4 down, that is the selloff. The masters is approaching with a back injury. Adam scott, of course he is hoping to win again but i have my idea on 20yearold jordan speak. He is my pick to win it. David has never picked up a golf club in his life. Dave i played miniature golf in cape cod. I just never put it all together. I love watching golf. I am one of those millions of people who when tiger woods got injured i got to admit i loved to watch on man in his absolute prime whos the best he was playing golf and i dont see that person i wont what did. Stuart i would miss the veer the violins on cbs coverage on the thirteenth hole. I wished they would change that. Messing around with the greatest Golf Tournament in the world, i shouldnt do that. Something completely different, our next guest has a truly unique website called air tnt, helps you find a bathroom when you got to go. You pay a stranger to use their bathroom. The founder is here. Welcome to the program. I am not sure how to approach this. I am studying you care fully. People get in contact with your web site and they say i have a back room to rent. Exactly. Someone who has a bathroom that might be located near an event that is happening. Marty draw, boston marathon, n. Y. Marathon, new years eve in times square. Someone has to go to the bathroom, people wear diapers. Stuart interesting. Solving up problem. Stuart who decides what the rent of the bathroom will be . The host. Stuart is there a time limit . They set the times that are available. Dont call me after this time. Stuart do you get two minutes . Five minutes . 20 minutes . We led the host depending is number one or number 2. Stuart any differentiation on time like is 30 for two minutes, 50 for 20 minutes . We leave that to the horse. Stuart when if i rent one of these veterans and smoke a joint in a . It is the same as it operates for any other business. If you go to someones home and break the law they might call the cops. Stuart how much of the 2 to you get . A small percentage, 3 . Stuart are you profitable . We are profitable from advertising actually. We had in new orleans where we launched on the ground we had local businesses became profitable from day one from the violence of the site. Stuart is it your business . It is my business, two people. Stuart when you own it, lock stock and barrel. How many employees . Just taking on our first one right now. We are profitable and world