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 there's 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 shouldn't be getting in and out of stocks on a daily basis. if they own these stocks it is for a long-term 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 won't 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: pfizer's down 2%, came out with the treatment, experimental therapies cut off because of side effects but pfizer's 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 don't 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 hadn't. 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 don't want you to leave it. user it's and the important. is tied to amazon fresh. this isn't 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 you're 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 they're 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 half-hour sitcoms. we set off and on this program, you are a guy who doesn't appear often on this program. you agree streaming -- dave: the question is whether they have the magic touch. google's youtube we haven't 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 else's 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 high-tech 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 wouldn't 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 -- >> don't have room in my tent. weekdays are for rising to the challenge. they're 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 what's next. how much money do you think you'll 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. i'm going have to rethink this thing. it's hard to imagin how much we'll 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 week's 150 point drop friday, 103 down. we are still at 16,300. that is 250 points from an all-time high. let's 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 sure-fire way to get it done. listen to is this. >> when it comes to individual rates, it is the owner's 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 don't know why but there isn't 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 7-year-old 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 king's 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 elson's 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. let's 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 don't 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, isn't 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 wouldn't have been elected to a school board little on the united house united states house of representatives. stuart: i will cut you off because i'm 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. can't wait til tomorrow. [ male annncer ] with nearly 7 million investors... oh hey, neill, how are you? [ male announcer ...you'd expect us to have a highly skilled call center. kevin, neill holley's on line one. ok, great. [ male announcer ] and we do. it's how edward jones makes sense of investing. stuart: we follow 3d stocks closely. 4% down, that is the sell-off. the masters is approaching with a back injury. adam scott, of course he is hoping to win again but i have my idea on 20-year-old 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 who's the best he was playing golf and i don't see that person i won't 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 shouldn't 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 year's 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. don't 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 someone's 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 worldwide. stuart: you are huge in and work. we kept watching bathrooms get piled up. because europeans are used to paying, the europeans. dave: has the potential customer i have an apartment block and a half from central park near where the marathon is and a thanksgiving day parade. how would you guarantee the person coming into my place to make a mess of things? >> we can never guarantee anything but we have verification, this person, a frat guy, might not let them in. and you can review. and previous places. stuart: would you sell your web site? sell control for $100 million? >> i would be very interested. stuart: you would jump at it. dave: doesn't want to get his hands dirty. >> we started this for marty draw in new orleans and obviously it sold a worldwide problem. a stream of customers we can't turn off. stuart: that was grandiose. we sold a worldwide problem. >> something everyone around world is attracted to and internationally in the united states. stuart: you had such a good interview we almost dropped the commercial break. we are not going to make any money for the next two minutes, we are going to listen to this guy about bathrooms so you are profitable, only one employee so far and you would consider $100 million. >> talking to the toilet paper companies, a couple toilet paper companies. we are very interested in helping them market. dave: how would you market? stuart: got to go. this man's name is travis lorendean. is the hair up part of your persona? >> the hair is its own thing. stuart: heartbreak coming up, got to go. you are really good. you will be back. you heard it in my take last week obama care socialized medicine, it will create a two tube system like the u.k.. after the break we have the ceo of a leading health care group representing millions of people that first check this out. in our next hour the company behind a new pocket drone. your own personal spy machine folds up, hopefully doesn't do this. >> as long as i maintain that level of focus and control. stuart: excuse me, everybody. why relocating manufacturingpany to upstate new york? i tell people it's for the climate. the conditions in new york state are great for business. new york is ranked #2 in the nation for new private sector job creation. and now it's even better because they've introduced startup new york - dozens of tax-free zones where businesses pay no taxes for ten years. you'll get a warm welcome in the new new york. see if your business qualifies at startupny.com when folks in the lower 48 think athey think salmon and energy.a, but the energy bp produces up here creates something else as well: jobs all over america. thousands of people here in alaska are working to safely produce more energy. but that's just the start. to produce more from existing wells, we need advanced technology. that means hi-tech jobs in california and colorado. the oil moves through one of the world's largest pipelines. maintaining it means manufacturing jobs in the midwest. then we transport it with 4 state-of-the-art, double-hull tankers. some of the safest, most advanced ships in the world: built in san diego with a $1 billion investment. across the united states, bp supports more than a quarter million jobs. and no energy company invests more in the u.s. than bp. when we set up operation in one part of the country, people in other parts go to work. that's not a coincidence. it's one more part of our commitment to america. stuart: not sure i could do that. captain america dominated weekend box office taking a $96 million, record for april. i got to believe disney stock our winner this morning. "imus in the morning" nicole: stock is pulling back but the movie itself, captain america a huge winner, international superstar broaden $96 million in domestic debut. inga china open to $32 million, biggest a for model or disney, doing well nationally and internationally and did not surpass names like the avengers or iron man but did take the top spot for the month of april. i started laughing when i was watching that because that is what my sons want to see. we talked about disney's frozen. we didn't see that but we will definitely be seeing captain america. stuart: disney is firing on all cylinders. thanks very much. the american medical association formerly a big supporter of obamacare, not so much anymore, warning doctors their customers might not pay them. here we are joined by a keynote speaker at the huge health care congress coming up this week, of kaiser permanente medical group, dr. robert pearl, a pleasure to have you with us. thanks for being here. >> my pleasure. stuart: what the make of the a m a? chamber be supporters of obamacare and are pulling back a lot. you are in the middle of all this. would he make of this? >> i am not sure i can comment specifically on the a m a but a couple points. as a physician i believe coverage is essentials and prevention is required and as a businessperson competition is crucial land also believe technology is essentials. stuart: look, doctor, we are in the middle of a revolution in health care in america. obamacare has truly upset the apple cart. it is not good enough to just say i am in favor of coverage for everybody, i want preventive treatment. what is obamacare doing to the american health-care system? >> many parts of what is happening in american medicine, democrats and republicans, moving towards things like exchanges where people can go to buy health care for multiple different vendors. medicare advantage moving towards five start programs providing superior care, opportunities to expand coverage to those who were formerly denied. all those things are positive. at the same time every piece of legislation including medicare took ten years to evolve. we are seen in american health care today an evolution from the past to the future to the 20th century, that process is happening and the affordable care act is part of that. stuart: would you make any changes to obamacare? >> there are several things i would change. the first is organizations providing superior care using technology have got to be acknowledged for that. does not have to be an imprisoned visit. medicine has to shift from a mechanism of predominately fee for service to paying fever dollars for value for outcomes that are being driven. the biggest thing would be changing the care organizations, the way organizations are put together to deliver the care. in the future got to be integrated horizontal and vertical, care has got to be technologically enabled and move just right, outcomes and has to have a driver of systems that allow the nation to care less expensive with higher quality and the global competitive. stuart: that won't happened under obamacare. we are out of time. it is this huge subject but personally i am very disappointed in obamacare and i was hoping you could really suggest some serious changes to it because i think we have chaos right now. you are the keynote speaker at a huge congress coming up in d.c. on health care. i am trying to get to grips with what is going on in america's health care system. i want to see something done about this mess that we have got. i am sorry. i am emoting and i am out of time. i will give you 20 seconds. come on. get to grips with this thing for me. >> i think as we put in place programs like medicare advantage that are able -- stuart: is being cut today. the obama team is announcing cuts in medicare advantage. >> that is not what i say, expansion -- in favor of for this mission, expansion of medicare, pay for value, incentives for technology, moved american medicine into the 21st century, we are doing and the rest of the nation can follow us. stuart: sorry i got a little out of hand. this is a very important subject for me. i am birdy originally. >> me too. stuart: i have seen the chaos it delivered over is fair and i don't want it here. come again soon please. >> thank you for having me. stuart: decriminalized and legal marijuana becoming a huge political issue. all rise, the judge on that next, the dow is down 104. (dad) well, we've been thinking about it and we're just not sure. (agent) i understand. (dad) we've never sold a house before. (agent) i'll walk you guys through every step. (dad) so if we sell, do you think we can swing it? (agent) i have the numbers right here and based on the comps that i've found, the timing is perfect. ...there's a lot of buyers for a house like yours. (dad) that's good to know. (mom) i'm so excited. >> an update on the missing malaysian airline air, acoustic signals consistent with black box data recorders the officials say this development is the most promising in locating the aircraft but they would not confirm they have located the plane. streaming is king but not so for hbo go, the web service crashing and heady demand for the popular show game of thrones. the second time in a month the service has crashed. yahoo! is making a new push into online video reportedly about to order a different web series to compete with netflix and amazon. half-hour comedies, the cost ranging from $700,000 to a few million dollars each. up next the judge, the politics of pot, 15 minutes away. up. a short word that's a tall order. up your game. up the ante. and if you stumble, you get back up. up isn't easy, and we ought to know. we're in the business of up. everyday delta flies a quarter of million people while investing billions improving everything from booking to baggage claim. we're raising the bar on flying and tomorrow we will up it yet again. peace of mind is important when so we provide it services you bucan rely on. with centurylink as your trusted it partner, you'll experience reliable uptime for the network and services you depend on. multi-layered security solutions keep your information safe, and secure. and responsive dedicated support meets your needs, and eases your mind. centurylink. your link to what's next. ved. stua3 stuae and'n gifch% ge republican lawmakers like texas governor judge napolitano: they like to exercise the power to tell us how to live our lives, their progressivism, their wish to tell us how to live that keeps them from pressing the freedom button on marijuana. marijuana is big business for law enforcement. when marijuana is illegal, law-enforcement budgets burst. they get more money, they hire more cops, build more prisons, in prison more people and the leaders of law-enforcement, or human beings at their command to control. big government types love marijuana laws and the progressive types like marijuana laws but if governor perry who just ran the second-biggest state in the union's past 12 years and you know this is a losing fight but if you are senator paul who truly believes you should decide what you do with your own body realize these marijuana laws are wrong and if your senator paul and governor perry and thinking of running for president suppose the two of them are, the use our overwhelming in favor of making marijuana lawful. judge napolitano: don't you think republicans, libertarians of done this, the mainstay republican candidates don't you think they should bite the bullet and say marijuana is here legal or illegal, colorado has legalized and making a ton of money so let's bite the bullet. judge napolitano: they should that they won't. chris christie has already said don't even send me a bill legalizing marijuana in new jersey. i don't know where governor jeb bush is or governor scott walker, the only two people i know of the mention them, the republican candidate for president governor perry and senator paul. whoever does this and whoever does it first, first, will capture a large group of young people many of whom have never voted for a republican and most of whom have never voted republican primary vote for that person. if he were on the air his numbers among young people are stratospheric compared to the other likely candidates for president in both parties. stuart: you are a supporter of rand paul. judge napolitano: i am a friend of senator paul and governor perry. stuart: senator kerry too? any circle in which you do not move? judge napolitano: i don't think so. stuart: you are all right. congressman keith ellison calling for the robin hood tax in the name of the quality. reaction to this next. >> inclusive prosperity act, we believe is something that would make martin luther king proud because he is the one who said that any nation on weapons of war than on human uplift is approaching spiritual death. it's the get growing sale from adt. right now you can get $200 off adt pulse for small business and a wireless camera at no charge with a qualifying bundle. woman: when you own your own business, it's a challenge to balance work and family. that's why i love adt. i can see what's happening at my business from anywhere. now manage and help protect your small business remotely with adt. arm and disarm your alarm, watch secure video in real-time, and even adjust your lights and thermostat wherever you are. with adt, you get 24/7 protection through our fast response monitoring. the get growing sale. call today to get $200 off adt pulse for small business. hurry. sale ends april 15th. i love the convenience of adt. i can finally be in two places at once. helping to protect your business is our business. adt -- always there. >> martin luther king jr. never preached class warfare and this robin hood tax is a class warfare attacks. has nothing to do with how much money we spend on the military. i think this is part of it. stuart: i think we lost audio right before the end. we got congressman keith ellison linking this robin hood tax which is a tax on all financial transactions linking it to the anniversary of the assassination of martin luther king. that is what herman cain was commenting on friday talking about robin hood tax. we got a lot of feedback from you on that tax and on herman cain's appearance. gary says i think you are giving robin hood a bad name. he didn't just steal from the rich, he stole from the government and gave to the middle and lower class, the victims of the government. i like that interpretation. daniel jokes we the people should rob keith ellison and redistribute his wealth to small businesses in his district. key to comments coming. you are raising your hand. >> there's a rally saturday april 20th in washington d.c. for supporters of this robin hood tax, going to march from the world bank to the white house and the treasury department. eet has nothing elation? to do with bringing the equality to main street. stuart: it is about beating up on your perceived enemy, beat up on wall street and maybe you will win some votes. that is what is behind it but it won't happen. thank you very much indeed. where are we going next? what we got coming up for you at noon this hour, that will be in four minutes. once again it is going around congress, the president using his pen and the phone to go around congress. the author of the amateur will tell us in a moment. we will fly a drone in the studio. you can turn this thing into your own personal spy drone. back in two minutes. ♪ [ male announcer ] how could a luminous protein in jellyfish, impact life expectancy in the u.s., real estate in hong kong, and the optics industry in germany? at t. rowe price, we understand the connections of a complex, global ecomy. it's just one reon over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and eenses to read and consider carefully before investing. with investment information, risks, fees and eenses why relocating manufacturingpany to upstate new york? i tell people it's for the climate. the conditions in new york state are great for business. new york is ranked #2 in the nation for new private sector job creation. and now it's even better because they've introduced startup new york - dozens of tax-free zones where businesses pay no taxes for ten years. you'll get a warm welcome in the new new york. see if your business qualifies at startupny.com stuart looking for a bottom for the beaten up tech stocks, we have not seen it yet. watch out. and we're looking for why obama has go around congress and the voters. and an answer for us. we are looking at yelp. so they allow anonymous reviews that could destroy somebody's business? we will be watching a pocket drone that will fly around our studio. you can buy your own. and now if they would just bring back their loans. the dynamic duo of democratic politics. best ad republicans ever invented. ♪ >> i don't want to be disrespectful to the office of president, but we have had an impersonator in the oval office. stuart: strong stuff there. he is back joining us now. president obama using the pen and the phone going around congress. why is he doing this? is it because he cannot negotiate with congress, is that it? >> the effort of a weak leader. one of the wisest wisemen in the democratic party, it would be all the republicans fault. he doesn't have the ability to consult with the other side. and said obama has responsibility of leadership and he is not following through. stuart: that is an institution they would flock to him if he offered an invitation. does he not have them over for dinner or coffee or whatever? >> it is hard not to talk about this president without talking about his personality, psychology. he sees it as a zero sum game. talked about losing to bobby and he said he went around and saw the eyes of other people loser about him, obama. he had the fragile ego, the guy can't take losing. compromises weakness. stuart: does he have any of his political opponents close to him? has he got a relationship with mitch mcconnell and the other republicans in congress? any relationship at all? >> he doesn't have a relationship with the democrats. i interviewed many democratic leaders in congress, they all tell me this guy is a wall, they never hear from him. all presidents generally have a list like they are supposed to make every day to make things happen. there is no such list. he doesn't call people. stuart: obamacare is an absolute mess. they are not going to get through congress. certainly not too late. >> he would have changed that was after the 2012 election when it was clear as a seven term president he would soon become a lame duck and if he didn't start reaching out to the other side it would be too late. he has done none of that. bill clinton understood compromise, triangulation, getting along. obama doesn't get to that, surrounded by people who feed his narcissism, feed immaturity that he can get done what other people can't get done because he just wishes it were so. that is the sign of an immature person. stuart: you wrote the book and amateur to describe barack obama. was it just before the election? >> during the election. stuart: you have no reason to change your judgment, the president is the amateur? >> think of john f. kennedy. inexperienced the way obama was inexperienced but in those three years he was in office, he grew. i don't see any growth on this president whatsoever. stuart: you tell us how you see it, that is for sure. thank you for joining us, appreciate it. you will be on this program to tell us about it? >> i hope so. stuart: the big board down to session lows, 128 points as we speak. the biggest losers on the dow, 30 dow stocks all down 2.5% plus. it is a so-called momentum stock. netflix down recently, but bouncing back a little bit today. how big of a bounce? >nicole: we have to put it in context. in early march this was a $450 stock. this was a significant pullback that we should note. today says they are upgrading the stock rating to an outperform putting $419 price target citing the recent pullback in shares. it will probably be above the 400 mark back to that level, so they are saying get into it. stuart: they stopped with netflix. other momentum stocks have sold off. thank you a lot. look at amazon for a second. that is still down, down some more. getting closer to 316 right now. they have a new product, a hand-held wand. it scans barcodes so you can buy groceries. you get an order for the groceries delivered the next day. down another $6. watch out netflix. yahoo wrapping up their content. close to ordering four web series. and hbo go, hbo online video streaming service running into some problems during "game of thrones." >> second time. hbo no go they like to call it. about a month ago the finale of "true detective" hbo crashed. and then the premier, everybody went to see it, it crashed. tons of questions, all they would say is due to overwhelming demand the system crashed, and was fully restored at midnight eastern time. these hbo trying to punish the shared account users who use their parents passwords? do they want everybody to have their own account? some people have speculated. stuart: where did it just make a mistake? >> why can't they handle the traffic? stuart: it is a p.r. disaster. everybody is doing it with you, you're kind of watching it virtually together. if it goes down, you are mightily annoyed. >> how dare you. stuart: a little angry? >> i am not a "game of thrones" person but i did enjoy "true detective." stuart: the number of new mortgages now reach a 14 year low. jason knows a thing or two about the real estate market, he is in it. welcome to the program. >> thank you be at stuart: i am told the lack of mortgage origination is because it is very hard to qualify for a loan. is that accurate? >> it is. first-time homebuyers are having trouble qualifying for a loan. there are a lot of all cash investors buying homes and they don't have to apply for a mortgage because they are paying all cash. stuart: i thought that was over. they stepped up to pick the absolute bargains with cash, you say that still happens? >> a lot have been pulling back but i'm talking about individual investors. they are still buying homes. overseas buyers, roughly 40% of the buyers. chinese, russians, brazilians. stuart: just manhattan or greater new york? >> that is the greater new york area. 40% of the buying pool area di. but they don't need mortgages. that would make sense, people are not qualified. stuart: if i am a youngster, i want to buy my first house, is it true i have to have 20% down, i have to prove i have solid income and a credit score above 720? >> that is correct. you have student loans coming through and a lot of students getting into the job market is a tough time. still 13% real unemployment. it is a tough place to be if you are looking for a mortgage. stuart: do you see any signs of a relaxing of the credit standards required for mortgages? >> as of right now i don't see that personally. we will see as time goes on. stuart: it looks a little grim. i would not want to be trying to buy my first home. thank you very much indeed for joining us. here is a number for you. more than 10% of all job growth since 2009 coming from temporary workers. the so-called jobs recovery not that strong i would say. >> it has been a recovery for temp workers. we have seen this number go up drastically the past 10 decades. 2.8 million, people not working full-time and not getting paid like full-time workers. if you look at the average pay, types of jobs being created $554 per week. to put that in perspective, that is about a third of what full-time workers make on average. stuart: i thought it would be more than that. historically that is a strong number. lower than that in 2009 i take it. >> we are creating the jobs, just question the type of jobs. stuart: check this out, a pocket grown fits into a small bag. we have one, it's here. live on the set buzzing around this studio. will it be successful? we sure hope so. this is your own personal spy machine and we will show it to you. weekdays are for rising to the challenge. they're 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 what's next. stuart: it looks to me like we are at session lows down 135, down 159 last friday, 135 now, 16.2 is the level. now look at this, this is a charity hockey game in new york city. a fight basically between the new york police department team and the fire department teams. elizabeth macdonald is here, she comes from a firefighter family. do you think this is funny or disgusting? that is a real fight going on. and the crowd was cheering on the fight. >> this is the first time this has happened in the 41 years they have had this charity hockey game. in the white are the fire department, maybe blue are the cops. they game was tied 3-3, a fight broke out. they have financially had engine. tension between the firefighters and the cops. routinely they slug it out, go to the bar and have a beer and slug it out at a bar fight. it usually happens within the new york finest. stuart: everybody has a camera phone, putting it up on youtube, everybody knows about it. so everybody passes judgment. >> a cop said it look like he was watching a rangers-flyers game. stuart: i want your judgment. >> i think it is par for the course. i am a firefighter family. you can say what you want. stuart: why, the fire department lose the fight? >> the new york cops beat them for the first time. the firemen had a five-year winning streak and the cops beat them. they wrote victory right after the fight. stuart: asking you to weigh in on facebook. spying on your neighbor just got a little easier, meet the pocket grown. it is compact, powerful, a go pro camera attached to it. timothy, show us, please. look at that. it works. >> tj johnson, my cofounder knows what he's doing. >> can you get it close to me? wow. they can put a camera underneath it? >> yes, there's one in the front of it. stuart: you could theoretically fly it over my house and take a shot of me. >> this probably would not be the way i would spy. stuart: but i could do it. can you feed live video from that to yourself? >> you can for a short distance range, only about 200 feet. our full system is up to about a mile and a half. stuart: how much? >> 495. does not include the camera. we want you to use whatever personal sportscamera that is the hardest one that you are most comfortable with. stuart: on sale now? >> it is on sale now. we are taking preorders. you can pick up the pocket grown. the only product that folds up to about the size of a 7-inch tablet but powerful enough to carry a high quality action camera. stuart: it reminds me of the toy models you can get. >> this is fully anonymous autot can hover cart will follow you around. stuart: so in my backyard i can set this up, program it to go 200 yards that way. it will send the video back to me and fly back to me? >> fully automatic. draw the map of where you want it to go. stuart: do you reject that it is a personal spy machine? >> if it sells more of these we are happy, but we think of it as an aerial photography. stuart: you know as well as i do this is a personal spy machine. >> it is not any more so than a camera. right? stuart: it hovers over my neighbors or my enemies. >> it will be very obvious it is hovering over them as you just heard. a small number of people that will use this in a way that the vast majority were used to show their child. everybody asks us. >> we see the more autonomous. stuart: how many have you sold? >> a little over a million dollars worth in presales. stuart: two months on the market in europe sold a million dollars worth? is it your company, just you guys? 100% ownership? >> yes. stuart: would you sell for $10 million each? >> yes. i would happily smile while we did it. >> we're talking with the networks. stuart: you want to scale up essentially. >> how may have been sold in divorce actions? i'm just kidding. stuart: sick with the fire department fight. i can see how it would be fun. a lot of people in america can afford $1000 for the machine and camera out the door, $1000 for christmas. i could see that. for the holidays. >> if you can afford and ipad, you can afford this. this is frankly a lot more fun because it flies. stuart: do you do any advertising aside fro for this program? >> not yet. we sold a million dollars worth of product with no advertising. stuart: where is it made? >> all over the world. we are working to locate in ohio. stuart: little pieces of it all over the world, bring it together. what is your time frame? >> delivering early summer and presale toward the later summer. >> and for the holiday season. stuart: that is fantastic. what is it called a "mark >> the pocket drone. stuart: i just gave you an extraordinary commercial. i do like it area did i am calling them the dynamic duo. perry reid and nancy pelosi. my take on why they are the best advertisement for republicans. that is next. >> affordable. affordable. the reason they changed the name of it is because they wanted to get away. ♪ [ male announcer ] when fixed income experts... ♪ ...work with equity experts... ♪ ...who work with regional experts... ♪ ...who work with portfolio management experts, that's when expertise happens. mfs. because there is no expertise without collaboration. mfs. why relocating manufacturingpany to upstate new york? i tell people it's for the climate. the conditions in new york state are great for business. new york is ranked #2 in the nation for new private sector job creation. and now it's even better because they've introduced startup new york - dozens of tax-free zones where businesses pay no taxes for ten years. you'll get a warm welcome in the new new york. see if your business qualifies at startupny.com i'm taking off, but, uh, don't worry. i'm gonna leave the tv on for you. and if anything happens, don't forget about the new xfinity my account app. you can troubleshoot technical issues here. if you make an appointment, you can check out the status here. you can pay the bill, too. but don't worry about that right now. okay. how do i look? 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[ male announcer ] troubleshoot, manage appointments, and bill pay from your phone. introducing the xfinity my account app. stuart: some people call them momentum stocks. look at that, they are losing momentum today. priceline, tesla, amazon, facebook. more in the halftime report. yelp up a little bit, that stock has been taking a beating because of the anonymous comments that beat up on other businesses. we have the p.r. guy on what yelp is doing now. plus, this spider causing a recall of cars. how is that possible? we will explain it later this hour. nancy pelosi and harry reid, the dynamic duo. here's my take. what were they thinking? the former speaker of the current senate leader of the public face of democratic legislators and the obama are they push the president's agenda, they make the news, they are the most high-profile politicians. in the last five years they became the face of policy. and the mess they have made. the depths to which they have sunk. the gross insult to obamacare victims at his craft denunciation of conservatives as un-american. we have played the famous soundbite countless of times you have to pass this bill to see what's in it and now she has delivered another classic. we have to raise my to win election as we can reduce the role of money in politics. what? we need money so they can't use there is? from a top ranking political leader? it is astonishing after all of these years national policy is in the hands of such incompetence. no wonder obamacare is a disaster. when leaders cannot articulate what they stand for, you know your leaders. when you stand by the political opponents with insults, you know your politics have been degraded. there is a silver lining. senator reid and ms. pelosi are the best advertisement for republicans that money doesn't have to buy. nobody paid them to dbase their own party. if voters don't see what they did the country and public discourse. my dad has aor afib.brillation, he has theost common kind... ...it's not caused by a heart valve problem. dad, it says your afib puts you at 5 times greater risk of a stroke. that's why i take my warfarin every day. but it looks like maybe we should ask your doctor about pradaxa. in a clinical trial, pradaxa® (dabigatran etexilate mesylate)... ...was proven superior to warfarin at reducing the risk of stroke. and unlike warfarin, with no regular blood tests or dietary restrictions. hey thanks for calling my doctor. sure. pradaxa is not for people with artificial heart valves. don't stop taking pradaxa without talking to your doctor. stopping increases your risk of stroke. ask your doctor if you need to stop pradaxa before surgery or a medical or dental procedure. pradaxa can cause serious, sometimes fatal, bleeding. don't take pradaxa if you have abnormal bleeding or have had a heart valve replaced. seek immediate medical care for unexpected signs of bleeding, like unusual bruising. pradaxa may increase your bleeding risk if you're 75 or older, have a bleeding condition or stomach ulcer, take aspirin, nsaids, or blood thinners... ...or if you have kidney problems, especially if you take certain medicines. tell your doctors about all medicines you take. pradaxa side effects include indigestion, stomach pain, upset, or burning. if you or someone you love has afib not caused by a heart valve problem... ...ask your doctor about reducing the risk of stroke with pradaxa. maestro of project management. baron of the build-out. you need a permit... to be this awesome. and you...rent from national. because only national lets you choose any car in the aisle... and go. and only national is ranked highest in car rental customer satisfaction by j.d. power. 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(mom) i'm so excited. stuart: now look at the s&p 500 broad-based stock indicator. it has given back all of the gains of 2014. we will ask if this is the time to jump in and buy it now. back at $34 still. they have hired ken feinberg for the ignition switch problem. he was responsible for paying out the victims of the attack and the bp oil spill. how much do you think gm is going to have to pay out at the end of the day? >> $3.5 billion for everything. for just the victims fund alone, with a 1.5 billion. stuart: do you think they will move quickly on this, get it out of the way, move on? >> right. the victim's family saying criminal activity, insiders covering up. two insiders using criminal behavior in gm. a person like ken feinberg is about wrapping it up quickly, putting it in the rearview mirror. i do not want the bankruptcy opened up again. this is the key part of this story. gm went bankrupt. now the bondholders back then got $0.10 on the dollar. the bond holder, what about us? if they don't move quickly, they are in for a heck of a time ahead. stuart: that is not that much money for general motors. how much do they have in cash? >> $30 billion. stuart: that is why the stock stays right there 34 to $35. they've got the money. it won't make much of a dent in the overall financial picture. they will pay it fast. i will not say that a is the bottom for the stock. >> the prophet origins are really thin. the criminal conspiracy, the cover-up, that overhang. barclays could have it right. stuart: good stuff. the stock bouncing back but the issue of anonymous comments. it has not gone away. listen to charles payne sound off on yelp. charles: management at the yelp is so stupid they need to come out immediately and fix this thing to save their company. stuart: charles was on a roll. this anonymous critique crisis they have got. joined now by crisis manager, the cofounder of 15 seconds.com. all right, what is yelp doing wrong? >> they are not defending their company adequately. not moving enough to prove to the public they are not facilitating anonymous defamation. i need to take strong action to provide businesses small and big ones an opportunity to defend themselves against anonymous attacks. stuart: it raises the issue of free speech. yelp has always said if people want to criticize another business and do it anonymously, that is their right and we will facilitate it. i have to take some kind of action which means any criticism of another business is valid, not just made up, it is real. is that what they have got to do? >> free speech is okay if you want to criticize the restaurant come you don't need to attach your name to that. if you're going to defame a company, say they are poison their customers or their hotel and have bed bugs, you ought to be able to back that up. there ought to be a way to make the people who post the claim clients of the business, and if they are not, yelp has to be able to find those people, get them out of the commentary business so these businesses do not define themselves with unnecessary assault. stuart: right now it is like the wild west, anything goes, you don't have to tell them who you are. with a get back to being successful if they abolish the wild west approach and got updated? >> sure they would. you don't have to rely on character assassination for a company like yelp to work. they cannot check most, but they can predict a lot more than they are. using real people contacting folks say we will protect your identity, but proved to us you went to that business. if you can't show you actually know what you're talking about, take those people out of the database and don't let them savage other businesses trying to do the right thing. businesses have a responsibility, they have to monitor those criticisms on the web and respond to them. we see your complaint, we take it very seriously, identify yourself to us, we will make it good. if the people don't respond to that, they need another posting saying they refused to identify themselves, we question if they were really customers of hours. stuart: it is possible yelp is considering taking your advice. they had not said anything. they have been sued by a carpet cleaning companies thing they were ruined by the competition. they have been sued by that. they have been asked what are you going to do. at the moment they have said nothing. no indication that they will do anything. i suspect they are taking a little time to let this thing sink in and left the changes you are talking about maybe. what say you? you think they are thinking of doing this? >> we advise our clients when you're under an attack getting to the root of your business, you need to take action. that is true for the small businesses that find themselves under yelp attack. somewhere for companies to go to if you feel you have been badly attacked. stuart: i want you to tell me, is there any instance you can think of where you do not recommend a speedy, rapid, totally honest response to this crisis quest mark would you tell your client to shut up? >> if the allegation is not widely spread and you don't want to spread it yourself by responding to dramatically, she complained about things where she found to be negative to her situation, nobody had heard about the complaints and they were amplified. generally if it is affecting your business, you are smart respond. stuart: you don't leave the best for last. it was very good, he should have put that right up front. stuart: that was good, they give for joining us, we will see you soon. a coming correction. clouds stocks are getting clips. stay right there, both of those issues. the real halftime issue is up next. 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[ male announcer ] and we do. it's how edward jones makes sense of investing. ♪ stuart: time for the real halftime report. joining us, scott, nicole, it is not raining. and liz macdonald is right here. momentum stocks down again today. to you first, time to get in, what do you say? >> i don't think there is capitulation. too early to get in right now. stuart: what are you hearing on the floor right now? nicole: a lot of these stocks down from the recent highs. if you are on some of these stocks, get into a little tricky to time it. heavyweight a few days. but in a few more days may not have the pullback. the answer is yes if you like the particular stock to get it. stuart: what do you think? >> the chatter in the hallways is 40 to 50 more handles to go to the downside this week. it is a technical correction looking for another 40-60. stay away until you see some sort of a bottom or something at the low. stuart: scott, go ahead. some other stocks we are watching clouds stocks writing real high, but not so today, is the party over? >> the party seems to be over according to morgan stanley. 15-50% correction in these stocks, the question morgan stanley is saying, were these valuations up in the crowd, to the fundamental support the valuation? stuart: let's look at the housing market. down to a 14 year low. scott, that is not a good sign for middle america, is it? >> not at all. nothing has changed since 2009. here we have the two drivers to get us out of the problems we are in. since 1900, that is jobs and housing. look at the housing thing you just stated today. we're still in trouble. the 10-year is telling us that, that is the truth serum. stuart: what do you have to say? >> the 10-year note is very revealing. originations are low, foreclosures are low, they're te buying houses with the intention of selling them later. driven by the institutions driven by the bailout. stuart: i want to zero in on that one stock. bad news about the inhaled diabetes drug. >> they were hoping to move forward with it, the review date is pushed back by three months because inhaled insulin pushed back three months because they wanted to get more data before they move forward with this, some longer-term studies for this one not good news, they were hoping for sooner rather than later. stuart: there is controversy over the anonymous reviews that can run a business. shaving 30% off the stock price of yelp since four weeks ago. what do you think? >> i wouldn't touch it. it is serious, their crossing from free speech into the streisand effect. i would not touch it with a 10-foot pole. stuart: that wraps up the real halftime report. thank you for being with us. now, look at 3d stocks, all of them are down, down big. 7% down for the three leading stocks. let's bring in mr. roosevelt. he joins us now. 3d, a big pullback. we gave you a hard time for saying it. but you are right, go ahead, take a victory lap. >> it was heavily hyped and it is still hyped. people are starting to adjust their expectations. we are not on the verge of a new industrial revolution, we are in the verge of progress. stuart: a revolution in manufacturing. >> it kid be, it probably will be but it will take some time, there is a long, long way to go. they have to get cheaper. there is a loss that has to be done. stuart: next up is hewlett-packard, what do you have to say about that? >> that is an old school tech stock up contrary to the tech sector. people have left it for dead. a declining industry. they are going down for the long-term. up 40 or 50% in the past year. it is still cheap and the sales have been going up. up kind of nicely the last quarter. stuart: you will not trash hewlett-packard the way you trashed 3d printing. >> hewlett-packard is due for a little lift. stuart: the meg whitman offense? >> she is getting the staff fired up. stuart: you can really move the market, you know that. >> if you say so. stuart: look at what you d 3d. thank you so much for joining us. check the share price, yahoo working on its own original content making a big investments in several sitcoms. what is behind the move? >> it is all about competing with netflix, competing with amazon, youtube, lulu as well, it is a big play space. melissa meyer needs to make a dent. just then the ceo spot for two years and as far as online ad as a revenue driver, honestly she has not done as well as probably even she would like to do. if you look at january figures for yahoo down around close to 2% as far as revenue is concerned, that is the fourth straight quarter without growth, she needs to do something, she needs stars, big directors. stuart: thank you very much. we will see you in about nine minutes. gm not the only car company. we will explain it next. the dow down 120. peace of mind is important when you're running a successful business. so we provide it services you can rely on. with centurylink as your trusted it partner, you'll experience reliable uptime for the network and services you depend on. multi-layered security solutions keep your information safe, and secure. and responsive dedicated support meets your needs, and eases your mind. centurylink. your link to what's next. stuart: mazda has a spider problem. what is it all about? >> one particular spider. it leaves its web into the fuel tank of the mazda. what that does is it events are from getting in the tank causing it to crack and it could go on fire. this happened 42,000 of these cars been recalled from 2010, 2012 model year. no fires have been recorded, but it is amazing those who like the smell of gasoline can do something like this. i don't know what it is about their fuel tanks, but the spiders like it. stuart: thank you, everybody. more "varney & company" next. can you start tomorrow? tomorrow we're booked solid. we close on the house tomorrow. tomorrow we go live... it's a day full of promise. and often, that day arrives by train. big day today? even bigger one tomorrow. csx. how tomorrow moves. you are huge? >> we just kept watching them get how it up? >> why. >> we think it's because europeans are used to paying that. they just-- >> dear lord, that was just one of the highlights from our interview earlier from travis lord injury i have to say was more of the out-of-the-box interviews that we have ever done three here's what you had to say about the rest of the more monday and part off thehe show. kan says about the nypd versus new york fire department hockey brawl, sad are in a mosque he has led to this display. a far cry from their finest moment when they stood side-by-side as the towers fell to read i went with the fallen brothers with think of that spectacle? bob has this to say about pmp, i have been in tourist areas where there was no bathrooms for the public and while i understand there are a lot of tourists businesses should also understand the call of nature and carmen. ? bathroom? thank you for your comments. do keep them coming. risk and reward next. deirdre: welcome to risk and reward. thank you for joining me to read we give you more ways to investor money beyond just stocks and bonds during we focus on real estate, hedge fund strategy, new tech venture even our. our top story, there is a global market selloff, hedge fund manager and author jim ricker's will be with me telling us how it fits into his strategy. china, cold, the dollar of the into the equation. we give you more ways to make money and better ways to keep it. ♪ ♪ deirdre: other headlines we are tracking for you this hour, ceo marissa mayer pushing into a regional video content to read it's going to compete dry clay with netflix and amazon. two years