take a look at this stat from our pal paul hickey. over the past year, stocks trounced treasuries. we know that. but the past quarter has been a very different story. the total return of treasuries trouncing sexier stocks. let's bring in zane brown. most of our viewers probably are not deep into the bond market themselves. they can buy a share of ibm a lot easier than they can buy an ibm 2021 note yielding 1.5% or a treasury bond. how long will this mini bond rally last, do you think? >> well, i think you are likely to see at least first quarter far greater performance in things like high yield and the municipal market. but i think stocks are likely to surpass bonds over the balance of the year. we are likely to get a little bit stronger economic growth. that will support the stock side. it won't do anything to help high quality bonds. i still think high yielding bonds as lower quality bonds are likely to do pretty well over the balance of the year but still, not as well as stocks. >> what about the muni market, brian mentioned it briefly. it's a $3.7 trillion market, off to a stro

paul hickey says if you own apple you should be happy that buy ratings are down because it leaves room for potential upgrades if the company launches new products and services that excite consumers. apple bulls still think apple is a company capable of creating revolutionary products. back to you. >> josh, thanks very much. how should investors position themselves on apple? our next guests have battled it out and they are back for more. lou says it's a buy. bert is a bear. >> i like apple, it's a wonderful company, but i don't like the stock. >> because? >> well, they're losing market share. android phones in 2012 had about 69% of the market, and last year they had 79% of the market. so apple is on the what i to maybe having 10% of the smartphone market, diminishing market share is for me always a sell signal. they have diminishing profit margin. their sales, their revenues are really not increasing. all the apple groupies don't realize that. they love the product and i like the product, too, although i don't have anything except the ipad, but it's a challenge for the company. everybod

let's bring in paul hickey, the co-founder of the spoke investment group. there's two stocks that outperformed the s&p 500 100% of the time in the time you study this two-week period. which stocks were they? >> if you're worried about a 60-point basis sell-off in this market, you shouldn't be in this market. as part of our approach, we look at a variety of things. one of them is seasonal factors. we update clients on which stocks do the best. you don't want to invest based solely on seasonalities, of course. but it's one-prong of a multiprong approach. we have a list of stocks that have been positive. 80%, 90%, 100% of the time. some of the stocks we discussed were dollar tree, netflix, tenet health care, perrigo. they've outperformed the s&p 500 consistently. these overreactions to fed statements that we see on the upside or the down side, since zirc was enacted, have reversed themselves the following week. >> gamestop is on your list, as well. we talked about it last night, tim and i did. and it had this monster sell-off. and we thought the risk/reward fo

who cares if somebody's wearing a hickey freeman suit or has on jeans and a beard? joining us is "new york" magazine's kevin ruse. very funny guy who wrote about this in this week's "new york" magazine. when i read the excellent piece, i said we got to get you on. thanks very much for joining us by phone. you've been out there for awhile. do you really think this is turning into the new new york? >> in some ways, yes. if you just look at the economic data alone, it's startling. you have a lower unemployment rate in san francisco, about 5% than almost any large city in the country, including new york. you have rents that are $800 a month higher on average in san francisco than in new york. more job growth, you have sort of lower budget deficits and it's amazing when you're just out here, the level of economic enthusiasm. it's like the crash never happened. >> you know what? i was reading your article thinking this actually sounds a little like great gatsby, the heyd heyday with the 1920s. a lot of people feel like what's happening in silicon valley right now, with fe

let's bring in paul hickey. this is sort of our version of the dogs of the dow theory, minus the dividend aspect. it may be complete garbage. is there anything to it? >> well, i think it may be closer to the second thing you said. but the problem with the dogs of the nasdaq, so to speak, is there's not a lot, like you said, of dividends in the nasdaq 100. it would be the same stocks yielding the most every year just because they pay a dividend. so going back over the last five years, we are just looking at stocks that have been the worst performers in one year, look to see how they did the following year and it's mixed. in 2009, the worst performers of 2008 did great. they were up over 100%. while the best performers of 2008 were up in the mid teens. that was one year. the last four years, it's been mixed. two years they outperformed, two years they underperformed. not much to look at there. to this point, you know, what you want to do is maybe focus on some stocks that have underperformed and see if there's any