This, Oil Moving Higher today on tensions along the gaza strip continuing to build cost and supply risk. Up a full percentage point. Natural gas jumping 2. 33 , colder weather, perhaps that has something to do with it. So we have the worrisome headlines over israel. Also out of washington, d. C. , a little bit of positivity. What have traders got to do with all of this, are they short, neutral . Lets ask three superstar traders at the cme group and the nymex. Notice i did not stay long because i figured knowing you you would probably not be long but what are you doing going to this weekend . A lot of people after the leaders of both parties were very optimist we talking about possibility of a deal, people covered in a short they might have headway int had going intod on the off chance that they come up with something between now and monday they dont want to be short the market because i think a deal will get a rally on a deal. Liz next week is thanksgiving. They try to manage to get something done before thanksgiving . No way, right . I dont think so, they will not get anything done right away. More backandforth, and we know obama has the leverage and he knows it, but the fact is we need to stay normal valuations. S p 500 trading a multiple of 12. 5 . It is really on the cheap side of history after the Market Pricing in any kind of failed negotiations. Looking at implied volatility across the board says something will get done. Liz does this surprise you . The macro overhead clouds that look so bad and get the cheaper stock market, there are opportunities here. There will always be opportunities. There is always opportunities, obviously, but i think covering the shorts, one was a little bit longer. If things look optimistic, it is good. But we have a lot of problems aside from the fiscal cliff, tensions in the middle east which are probably outside the fiscal cliff, that is my biggest concern we have to see how that goes over the weekend. Liz we do have these issues, rockets being launched hitting civilians, the israelis retaliating. You dont it hit by rockets and not retaliate. What do you think happens is that the entire Energy Complex side . Im looking for settle above 87. We came close but we did not get it. We have tensions in middle east, dont think it has a big impact on the system for crude oil. That means it will not get set up, but we get things taken care of in this country who dont have as much problems for the european debt and crude oil rallies. What im looking for is above 87 and i will start to buy. Liz 0. 12 away, we will see what we can do. We appreciate you joining us on the show. One of the few bright spots in the economy lately has been the Recovery Housing market. Today a potential stumbling block. They are hosting a of 16. 3 billion now there is fear it may require you, the taxpayer, to bail it out. Peter barnes with the details from washington, d. C. Anybody talk abou but its hurtg the Housing Market overall . Not yet, liz. I did not get that. Most if we will have a trifecta with the housing bailouts because of course we had fannie mae, freddie mac about 187 billion from the treasury, now they could need help from the treasury. The agency ensures a trillion dollars in riskier mortgages with very low down payment mainly for firsttime homebuyers and an annuaand a manual audit d today found agency has 16. 3 early in dollars capital because of mortgages going bad. The fha is downplaying the possibility of the bailout state expects to have 11 billion in new capital from new business in the year ahead and this is where it might have an impact on the Housing Market. It also announced a slight increase in fees to date which would raise the cost of borrowing slightly, not a whole lot, they say about 13 per month. As well as some other new steps and other reforms to improve the finances. The agency hopes all this will put the Capital Position back in the black within the year. That should reduce the likelihood that it will need to tap the credit line with the treacheries. Liz thank you very much, peter barnes. Could a rally be in our future . Who thinks so positively . Smith, Equities Research founder and ceo. The next big thing joins us for the last hour of trading. Thankfully an optimist here. Is look like we know the knowns and the unknowns will be when israel goes in. There will be things are going to happen but nothing should take anybody by surprise. The big money guys are still way behind the market, a forest of september, october. Also betting on romney. Every right wing republican said no, no. Statistically it wasnt going to happen. But we needed a correction, we are getting a correction. Into december, the fiscal cliff, remember Charlie Brown and lucy . This is Charlie Brown and lucy. When the football away, will come down to the 11th hour. They will do the down payment, there will be the down payment which we will agree to disagree on this, 10 . At the end of the day, i have many people telling me about her is working groups already putting together, they know what it will be. Liz either way they have to, they are paid to invest. Theyre paid to, so i have to by yearend in some kind of investment with their clients money. 80 of the hedge funds are below the index fund, so the people getting paid nothing or 20 basis points per year, take 20 . Liz so all of those you are paying and they arent even matching the s p 500. And we understand we have this lake with apple kicking Capital Gains and they could all be buying it back december 2. You can take your tax loss now. Liz they erase about a 4 loss earlier today, now we reverse again, if you look at the intraday, you see that kind of behavior at the moment and look at that, did they suddenly wake up and say 20 correction in the stock will be a buying opportunity . Havent we seen this before . I have been an apple fan since 02. We get 0 pullback. 480, that is where we are after 30 pullback. By the way, we never had five pe. Taking the earnings, youre buying it for a five pe. Could be a three price ratio. Im going to be a little bit more picky. Now adjust the market much ration. Many funds in apple, have to slow down and bring these numbers. I like 480. Market. 480, and then you get a value, becomes a value. Warren buffett would not buy it for grayin crying out loud. Buying it for 60 discount to the overall market. Liz he finally dipped into intel for a moment. And ibm. If apple might eventually do well, perhaps some of that has to do with the fact it will be on a lot of peoples Holiday Shopping list. You know what, she is right, whether it is an itunes gift card or who knows what. Do you feel us look at the overall retail picture, we may be able to see some sort of a better rally heading into december . I think the santa claus rally, the stock market going down the same reason it will go up later. Post sandy, santa claus rally is happening. Apple certainly will do well, you have other guys, look at that. That is so nice. Liz he is hogging santas lap. So you believe we will see that rally . I do believe so. Liz he will have the pics to boost your portfolio even during a market correction. You cannot miss that. What is the number one selling baby food among the organic set . We will tell you after the break, but it is part of haynes celestial group. Food for thought and why you may want to own shares this recordbreaking company lately. Having you ship my gifts couldnt be easier. Well, having a ton of locations doesnt hurt. And my daughter loves the sant oh, ah sir. That is a customer. Lets not tell mom. [ male announcer ] break from the holiday stress. Fedex office. [ male announcer ] break from the holiday stress. You can help othersnk along the way. A portion of every bottle that they sell goes to fight Breast Cancer and i think thats swell. The more you take, the more theyll pay, so make them write a big check today. And if youre feeling a little slow, then 5hour energy will help you go. So buy a bottle of pink lemonade and you can help fight Breast Cancer today. Liz the power mover of the hour, lets take a look at officemax. A 52week high today. It has been a great week. A great month. A 52week high today after the companys onetime spinoff, planning to go public next year, so heres the oneyear chart for this company. You can see all right, we will take it. Not a good moment for the 9 stock. Including payment of nearly a quarter of a billion dollars to officemax to officemax jumping about 9. 28. Heres a question for you, could one of the Largest Online only retailers possibly have a brick and mortar store in the future . Lets ask Nicole Petallides with the answer. Nicole imagine you go to a local shopping center, to the amazon store. Now were looking at amazon today with an up arrow as you noted, and one of the reasons for coming up with this theory at all about brick and mortar is the ceo is talking with charlie rose about the fact, this was his quote, would love to open a Retail Stores if they could come up with a differentiated concept that would set him apart from the rest of the bunch. Would be an interesting comment. They really feel there is nothing in the works at the moment. Back to you. Liz just books. Natural and organic food giant bringing healthy food to the consumer. It is really ramping up growth with new acquisitions here and in europe but will the stock continue to see organic growth because it has been doing really well lately. But this is exclusive. Irwin simon, hain celestial chairman and ceo. Ain a time of drought and financial crisis and worries, how have you done this, what is the biggest driver for you guys right now . Great to be here. Building hain over the last 18, 19 years have focused on brand, people, keeping to our strategy. We have some of the greatest brands today with arrowhead mills, 34 , chips up 21 , garden of eden up 43 . So our brands are growing. Most important thing, the world is eating healthy. Being health is not a trend, it is part of life. That is what is driving the consumption. No amazon just sold books. Today theyre one of our top five customers in selling Baby Products. Liz we were asking people what is the top selling Baby Products for the fancy pants. My kids are both only reason herb or its baby. They never get sick. And they will go to harvard. Liz i am a berkeley girl. Smart investing equals Healthy Eating because im looking at your stock, which by the way hit another high up 70 this year alone, and sometimes you have a Great Company and a great product but the stock does not reflect it. We have great fundamentals. Weve extended our distribution, our earnings are organic growth. Earnings per share up 50 . The thrown out of a tremendous amount of free cash. Theyve done great acquisitions. We bought that was close to 20 million business, 100 million business. Central portion o portions the. Over 100 million business today. Liz and you are continuing. Show the label. We have to get the label. This is the thing where you starve, thats how i look at it. You expect to be creative very early next year. Heres the big thing about most juice today. Most are pasteurized. They are heated and they kill everything. Here is some organic, he worked in a full serving of fruits and vegetables. 6 pounds of vegetables. Healthy, taste good. Also a cleanse for three days if you want to go on six or seven different juices, you cleanse. It is creative in first year by few pennies. More important is the deal would just did in the uk, we had brands like hartley, linda mccartney, we have some great grands. For 600 billion in sales read here is the big thing with today. Consumption growing, what is happening, are we affected by hurricane sandy. Heres what happened, the consumer state at home, ate, loaded up before the hurricane, a lot of consumers lost their product, bought a lot more. That is what happened, but there are 370 whole foods today, and they will open up 1000 stores every time a whole foods opens up a store around it needs more and more organic products. Liz why do they believe somehow that you will stumble . Speak of a comeback, had phenomenal growth, for the most earnings growth, topline growth and they come back to think there are a few brands that make up the growth of the company. I worry about the day today in the consumers needs. They will be wrong and we have to go do our thing. It i those with a higg growth stock. Look for an opportunity. Liz it is great to see you. Keep eating healthy, youre looking great. Liz thank you very much. Good to see you. Coming up, yes were up 35 points, the closing bell and 30th minutes. Jpmorgan and wells fargo facing 400 million in combined fines from the fcc. Charlie gasparino working his way down here. He will break down why they were charged with misleading investors and what it might mean for stocks going forward. Stay tuned. From currency tring for a few to a currency market for everyone. The potential of fxcm unlocked. Nyse euronext. Unlocking the worlds potential. The potential of yelp unlocked. Nyse euronext. Unlocking the worlds potential. Will. This is a test liz here is your stock and market check. Can we hold onto this for the next 33 minutes . The first day in a long time. We have seen the selloff in the past seven sessions. Check out some of the tech names in the s p 500. Driven by the pc demand. Lets switch to hewlettpackard. Hitting new lows today. Tough time for tech stocks. At least at the moment. Four years after the financial crisis. The banks are still having a tough time. Regulators keep ringing cases against the big banks. He made jpmorgan paid about 200 million. We were the first to point out jpmorgan today, people close to the burgeoning investigation, this is a mockup of a financial crisis. We should point out that two thirds of the jpmorgan selfinvolved the securities in question, it came from bear stearns. It shows you how much of a liability bear stearns is. They made money off the firm, they also lost money off of firm. A very sizable settlement today off of 3 million. Will there be more cases . Absolutely. Bank of america, wells fargo, deutsche bank, i think you will see disgorged penalties and whatever. All in the same area. Liz they didnt have a lot of time to do Due Diligence with bear stearns. I think this is a crummy little man. The sec has said they have found other nonbear stearns related stuff. We have reported that earlier. It was mostly bear stearns. Two thirds or three quarters of bear stearns. Lets rewind it. Whited jpmorgan via bear stearns . On thursday, back in september of 2008, almost four years ago, bear stearns blew up that weekend. By friday, they needed a loan from the fed. That is one the treasury secretary at the time, the president of the new york fed, ben bernanke, they all got together and they said, please, youre the strongest man, by these guys. Buy them in a very low price. Initially it was shut download that. But then they said yes, we want to buy it by monday. So basically the markets dont open in uncertainty. Jamie dimon said yes, they did it. They are not totally off the hook him as he see. When you buy a company, you buy it for its liabilities because you do Due Diligence. Liz you can go through that quickly at that scale do not know. You know, i dont understand why the sec about this. You know, its a pretty big fight. Its not a small one. 297 million is not chump change. Liz why dont they reach out to bear stearns stuff and get them on the jpmorgan side . We should point out that this securities and Exchange Commission is bringing crisis related cases. Theyre looking for it headlines and people saying theyre doing a good job. I dont think theyre doing that image of. Liz charlie, youre doing a good job. Take the weekend to recover. Its been another blockbuster week. Lets take a look at some of the movers and shakers who joined us. I think we are seeing an opportunity and going along with this. I think it is becoming good company, which has to happen. The company has come under this wane a little bit more. The other people, when they mess up, they go bankrupt. They stroll along. Some of these airlines have gone through chapter 11 bankruptcy five or six times. It doesnt seem to improve. It just seems to screw their credit. I think the number one thing on my mind is lets get back to the fundamentals of markets. Lets not talk about fiscal clips and fix those problems so businesses can do what they need to do. Our ability to bounce back and hire employees is dramatically limited until we have clarity on tax policy. The ability to determine Companies Overseas and companies in this country that are dependent upon tax policy. This might be the same as the global trend. The stock market in america, im just confirming that the lowest in july, it doesnt look like much. Liz we added here, right now we are up 52 points for the dow jones industrial. More green on the screen. The closing bell, we have 27 minutes left. 60 of companies that have reported earnings in the s p 500, they missed revenue expectations during the third quarter. What caused this sharp drop . The ceo tells us where he saw Companies Lose more than 22 billion this quarter. And where you can spot the next loser during this next quarter. Reporter i am robert gray with your fox business three. A roller coaster day on wall street. Stocks bounced off session lows after john boehner said he had constructive talks with president obama on averting the fiscal cliff of spending cuts and tax hikes. Right now, the dow jones is up 43 points. Modest gains across the board. Meanwhile, shares of Penn National are jumping. They also plan to transform into the first gambling Real Estate Investment trust. They plan to go with a taxfree dividend. And all Consumers Want for christmas is a tablet. The tablet tops this Year Holidays wish list for adults. Consumers are expected to spend an average of 252 bucks on electronics this year. Just 6 more than a year ago. Now we continue our countdown to the closing bell that liz claman. Liz here is something interesting. Today we saw the first ipos in the election. How did it do . Lets find out from the coal. Reporter is actually the mascot of the company that we are talking about. I dont think it has anything to do these cute, black labradors. The pricing of the stock was 13 to 15. Actually priced at 15. Take a look at where it is right now. Okay, that would be at the lower end of the original that was discussed. Fifteen dollars. I have to say, they are backed by google. That is something worth noting. Googles motorola mobility, their customers include time warner. The last thing i will note as they compete with aruba networks. One is down, one is out. This ipo today, dont forget, we have come back now. The market overall has it been quite a happy one. But under some pressure today. How cute. And there is a labrador like this one that is the size of an 18 wheeler. There are several of them. Liz so cute. Forget the dog, nicole is adorable. So far, many have reported great quarterly earnings. Yesterdays closing, 60 missed on revenues. But when they miss on revenues, they are not missing as much on sales. What is behind the numbers . Joining me from phoenix in a fox business exclusive, wolfgang kester. I would like to call you the currency canary in a coal mine. You spot problems of companies before they come out with their numbers, and you invest accordingly due to what you see. Did you see this coming . Well, we saw it coming. Our Technology Firm actually focuses on helping Companies Understand it and manage it properly. We absolutely saw this coming. One of the reasons it surprised the market was that a lot of these in the last focus on euros only. Only about 50 of analysts actually focus on it, where the average was about 40 . What actually ended up happening, all these other currencies moved a lot more than 0. It surprised everybody. Consequently, you had large losses due to foreign exchange. Liz what youre saying is because they were so worried and they looked at the obvious, which is there were all types of troubles in the eurozone, eurozone, they miss the Bigger Picture . Absolutely. So many more currencies of this corporation is being impacted by. It is not about the yearold versus the dollar anymore. Look at whats going to happen in china. Thats going to add even more uncertainty to companies that are not managing this risk properly. Liz so you are saying that the chinese yan is the next big story . Absolutely. He saw the election coming out on thursday morning. Two areas there. The first, you have a more reactive, more nimble government taking their leadership from 10 down to seven. That was significant. Second of all, is there going to be economic reform, political reform, social reform. Clearly, theyre going to focus on economic reform, and that translates into focusing on the economy and more uncertainty bourses bow currency versus any other currency. Liz here is why your eyes should not glaze over when wolfgang talks. 199 companies decided currency issues this time around versus a year ago, when only 69 of Companies Said the currency volatility was a problem. Id rather spend forward and find out who you would think would be affected this current quarter. Still see companies not managing properly like a caterpillar. Even exxon mobil. A company that says, are they all dollarbased . No . Lots of currencies run through those companies. They are not managing to the levels that you can today. You have Companies Like google and Even Companies that may not be mainstream. They are very well managing this whether chinese currency counts or not, its not going to impact them at all. What these investors need to realize is look at the earnings and look at what the ceos and cfos are saying about the earnings. Look at the annual and quarterly reports. Liz which one and quarterly reports . In the quarterly, you want to look at item three. In the annual you want to look at item seven a. Liz okay, we will put that on our facebook page. Looking, thank you so much for joining us. Liz when we come back from a much more ahead. Deans at 60 points for the dow jones industrial. Dont move. Liz your fox Business Market check. We blinked and we lost another 20 points on the dow jones. Penn National Gaming came up with a new tax structure plan. The move aims to free up capital and get a better deal on taxes. Other casinos might follow suit. When the market is in the red, look at the casinos stop jumping. Look at Penn National. Just that restructuring. They happen to have large acreage. They own their property. You could make an argument that they spend those shares off and thats not a bad idea. That does not work for all because they dont have that kind of real estate. Is a little bit sexier than on the railroads i cant believe you said that, liz claman. We have one problem. If you want to move that oriole, you have to put it on a railroad car. They are sold out for the next six months. American railcars is the one who makes these tankers are going to rails. Until the last time. If you look at the order, i think its about a 40dollar stock. Liz how long does it take . If theres a lag and they get them built, theres a drop on the business youre right. Thats why love you. They have a backlog of this stuff. To our numbers, they will be adding another 10,000 of these tankers. Liz Ticker Symbol trento. What we just came out with his dells numbers, everybodys worried about slowing growth. And you still like . Qualcomm. The post pc and thing that we have talked about. Im sure you have a couple of ipads at home. Liz and i have a nexus android is a replacement market. You will be seandroid is a replacement market. You will be selling 50 and 40, ive seen him in hong kong for 30, tablets that have a chip and not. Senna snapdragon is the new intel inside. Liz okay, gillian sciences. This is a stock of 13 . 84 over the past year. This is not new news. Undervalued compared to hepatitis c. It is something that in the last 10 day test they did, if you get to the stage, the hospital costs are enormous. This is going to save a Million Dollars per person. This is an example where the drug takes cost out as a a post adding cost and. Liz your number one moneymaker, brace yourself, everybody. Im a fan of the ceo, i am offended they ran the stupidest business in the last four years. She is going to kick butt and take names. She started doing that. Getting rid of this portfolio. Liz they had a one year high yesterday. They did. They have the ali baba that is coming to an half, three years, that will make a big difference. The next big thing, again, that is a transformation. Yahoo is going to go through this. She is bringing the right people in. Liz we will see you after the new year. Thank you so much. Six minutes before the closing bell rings. More than 25 stocks on the s p 500. Sink to new lows today, only one hitting a new high. Stick around, i will tell you stick around, i will tell you which ones. I always wait until the last minute. Can i still ship a gift in time r christmas . Yeah, sure you can. Great. Wheres your gift . Uh. Whew. [ male announcer ] break from the holiday stress. Ship Fedex Express by december 22nd for christmas delivery. He loves risk. But whether hes climbing everest, scuba diving the Great Barrier reef with sharks, or jumping into the marke he goes with people he trusts, which is why he trades with a company that doesnt nickel and dime him with hidden fees. So he can worry about other things, like what the market is doing and being ready, no matter what happens, which isnt rocket science. Its just common sense, from td ameritrade. Liz so what is the one stock we were talking about . Take a look. Poor mel foods hitting an alltime high, david, up another . Oorhormel looking very good. The market is doing very well. David the markets turned around. It is not a booming day, but given for a while there it was like in the dumpster again. Liz the first time in a couple of days. Nicole petallides on the new york stock exchange. Big names hitting 52week lows. Nicole tech related stocks, basically talked about wee weekc demand. Hewlettpackard was in the same business on the dow. Microdevices, exploring options. Thats one of the lowest levels since 2009. David one stock doing quite well, facebook. Nicole had a 6 gain today. Getting a ad revenue, some executives, that was good news. Zynga did not participate, they have down arrows. Liz seers getting slammed, sales tumbling. Look a at this and said theyre tumbling at and a slower than expected rate. Nevertheless, the stock does not like it. Nicole this is terrible for sears. T