Theyre bringing on set. Super mario to the rescue, one of the most respected investors on the street tells you the way to set up for a january stock bounce. Hes ready. Yeah, but retailers are knot the ones that sell diamonds, but theyre more the ones that are important to those who need them. Auto parts and things you need for home work, home depot and lowes. Liz thats the key. His first comments about marios longtime favorite stock, whether to hold or sell that stock. We have good news for gas guzzlers, the average price of gasoline now 2. 04, but with the opec meeting this friday and, of course, the turmoil in the middle east, are we on the cusp of a policy change for the Worlds Largest producer . With us, former ambassador to saudi arabia, robert jordan, on whats going to push the saudis to move. Will it be oil or isis . Too much of a good thing . Marco rubio leads the gop candidates with endorsements from congress, but could this ultimately be his demise . Were going to look at the pros and cons of his support base. Were about to rock and roll on this cyber monday. So with one eye on your shopping, thats okay, keep the other on us, and lets start the countdown. Liz and we are continuing to follow breaking news at in the hour, the story that has the massive metropolis of chicago rivetted right now. Naacp protesters were told have just been arrested after parading coffins in the streets of chicago in this last hour. They, of course, have been voicing their anger over the shooting of Laquan Mcdonald by chicago officer jason van dyke. The situation is very serious. Not only is the shopping district very tense with heightened police presence, but the university of chicago has closed its campus after an online threat to kill 16 white students in retaliation. Jeff flock is on the scene. Were going to be bringing you any new developments as they emerge. Meantime on wall street, it is, of course, the last day of trade for november. On your screen, the markets. Dow down 56, the s p down 6, the nasdaq down 17. You could call this a narrow trading range because weve been closer to the flatline, not much action, but the floor stocks that are leading the dow this month, home depot, dupont, nike and goldman sachs. At the moment its caterpillar and microsoft that are moving higher. We did have microsoft getting a strong buy rating from raymond james. Chevron and exxonmobil, the big oil names, also moving higher. Investors, of course, may be stuffed from turkey, but lets stuff you now with real focus on how to bring some Holiday Cheer to your portfolio. No better person to give us a holiday investing plan than Gamco Investors chairman and ceo. Huge question marks hangover this market between now and the next couple of months, but as we hook at the macro picture here, the question marks are isis, the Federal Reserve and whether it will hike rates in december, just a few days from now. Weve also got a quiet consumer or a questionable consumer. And on top of that, should we invest in stocks or not . Wow. Youve got a long christmas list. Liz man, i hope you have a good memory. I can remember all of it. About a year ago we were worried about ebola, now were worried about isis. We should have been worried about isis three or four years ago liz okay, but we werent. Well have an election in 12 months, but thats an ongoing issue. With regards to the consumer, the consumers Balance Sheet is at an alltime high. 100 trillion, debt is 14 trillion, the two areas you worry about, liz, Student Loans and subprime for cars. So the car sales, which are going to be vibrant in november, you have to worry whats going on underneath. With regards to the consumer, gasoline, that is food and fuel prices have come down sharply. Their aftertax spending is doing well. Wages are rising, jobs are more plentiful. I think its going to be a very merry but subdued, practical christmas, but everyone is telling me including those that i watched around atyava rd thrsh treg i r ayht. That is a good thumbs up for the consumers health. But as you look at the stock market, youve always been a bottomsup research guy looking at individual stocks. You fly to companies yeah, i do all of that, and we still do that. Thats the best part of the business, passion, intensity, focus and profits. Liz okay. What are you passionate about right now . If youre looking at the retail world, and you had said this isnt the diamonds, youve got diamonds of a different sort, do you not . Well, everything is a precious stone [laughter] and sometimes theyre in the raw and they need a little nurturing. Weve always said, hey, for the last year or two, starting last year at thanksgiving when you had the thanksgiving day oil massacre, lets look at the users of energy and how they benefit. One company in san antonio has not done as well, but its done extremely well but can do better is cst. They are a Convenience Store where you go in and get gasoline, you have money leftover, and youre spending stuff on other goodies that they sell. Caseys has done extremely well. Murphy usa, sonoco. So theres a cluster of these companies liz and to that end, if you then do the actual, i guess, broaden the aperture here, youre looking then at cars and how well theyre doing and auto parts guys. Yeah. Well, cars are kind of peaking out, and that subprime does bother me. You know, a lot of issues that im concerned about as to incremental production and incremental sales in the u. S. But not europe. Liz both these names you have liked in the past autozone, oreillys, pepboys, those that are selling cars to either do it yourselfers liz and you like that. Yeah, i ladies and gentlemen that. Genuine parts, liz, i fell in love with in 1967 when i first visited them. Thats the naba stores. So i dont love em and leave em. But theyve had some headwinds due to the currency liz autozones up 36 yearoveryear, oreillys has had a wonderful run too. You still think theres more upside to these name t . Well, i think the category, both of these companies that you mentioned, autozone and oreillys, have been basically taking incremental cash flow and buying back stocks. To the degree that one should say even god rests after seven days or six, we want to rest on the stocks, and we want to move on. Liz right. And what about january . Youve talked about how people may get nervous and sell off the stocks, obviously, but januarys a bounce . No. Do it another way. The practical side of the individuals that are taxable, that is the individual investor, he says am i leaving a tax year with realized gains and unrealized losses . So they will sell stocks that have losses in them to neutralize the outofpocket cash. And in january n quotes the january fed, some of them bounce. Now a lot of the selling by institutions take place a little loosely. So what would be in my basket of things to own, if the saudis were to ever blink, you get a company like freeport be at 8 liz thats cheap. You could buy a lot of Diamond Rings with that. Liz theres some breaking news on whats going on in washington d. C. We have that for you right now. House Speaker Paul Ryan is formally inviting president obama to deliver his state of the Union Address before a joint session of congress. The date, january 12th at 9 p. M. You know, theres such discord between the republicans and the democrats. Is that great for stock picking . People often say that that is, that that works well, theres a notion that a dysfunctional government doesnt work. On the other side of the coin, we need to keep america as a leadership role both in the economy and in terms of job creation. Liz liz mario. Inland waterways, barges, bridges, roads, an infrastructure bill has to be done. Liz gotta get done. And its got to be financed. And its nice to Pay Lip Service and to say the roads suck and are bumpy and you can basically go ahead. We are buying the companies that benefit from that because we think its got to happen. 40 of our 500,000 bridges have d. What are we waiting for . Liz i know. Put people to work. Better jobs and more fundamental, it solves the cost of inefficiency in our system. Liz okay. Speaking of grading, youve got to give an a to a lawsuit at least for the drama factor on a stock that ever since mario has come on this program he has always loved, and that is viacom. It broke on the day before thanksgiving, but it is still very much a story. The steak and sex lawsuit. This, of course, involves a former companion of sumner redstone, the chairman, she was his girlfriend. Shes been kicked out of his mansion. She says she should be in charge of his health. Hes 92 years old, and what do we have here . She has a lawsuit that shes filed to get back into his inner circles good graces. She wants to be a part of that. She says he cannot have real mental capacity at the moment to run viacom, that he is and these are quotes hes a living ghost. He cannot converse them, he only grunts. He has crying spells and, quote, he wants steak and sex daily. Does this hurt the stock . You gave me a lot of interesting, in quotes, page six type news. From my point of view, ive followed viacom since 1973 when it was spun off from cvs. The stock is selling at 50, youve got 12 billion in debt, and i think they need a jolt to overcome the notion liz its a jolt, mario. I dont know, is it a jolt in the wrong direction . If you had to pick between that and the spunoff cbs reason by les moonves, which would you pick . Well, id pick them both. Les has done a great job, and they have to do more on the programming side liz so this doesnt hurt the Company Short term . Down 5 since last wednesday. Short term, i dont know the answer to that. I know that if somebody else were running either piece or sumner was not around, we would have an interesting time frame in which eyes will be focused on financial liz youre holding on to viacom. Well, both viacom and cbs. We are the largest holder outside the family trust with regards to voting stock. Liz so hollywood drama doesnt affect oh, come on, its fun, you know . A 92yearold guy, and they call him incompetent, yet all he wants is steak and sex . Come on, liz, be practical. Liz youre saying, what, if it were you, youd want gnocci. Vino i was trying to figure out what it was. Liz did i mispronounce it . You did great. Liz all right. Hes holding viacom, hes holding cbs. Its great to see you, mario. Happy holidays. You too. Plenty of things to cheer about in 2016, particularly after the election. Liz he likes stocks. Thanks for sharing that with our viewers. Delighted to be here. Liz the dow is still down 50 points, so mario, in his opinion, shaved about six points off the losses, but the closing bell is ringing in about 48 minutes. Marco rubio is leading the gop candidates with support from his fellow congressmen and women, but will this be the kiss of death for his campaign when insiders are not the most loved right now by at least people taking polls . Now, the if diamonds are a girls best friend, then this man is very popular. The Worlds Largest online diamond jeweler tells us why consumers are saying i do and ditching tiffanys and Harry Winston stores and making their purchases online. Stay tuned. But what if you could see more of what you wanted to know . With fidelitys new active trader pro investing platform, the information thats important to you is all in one place, so finding more insight is easier. Its your idea powered by active trader pro. Another way fidelity gives you a more powerful investing experience. Call our specialists today to get up and running. Its gotten squarer. Ov theears brighter. Bigger. Its gotten thinner. Even curvier. But whats next . For all binge watchers. Movie geeks. Sports freaks. X1 from xfinity will change the way you experience tv. Liz o. K. You know this because youve been watching us year after year. After black friday comes cyber monday. This is the day that online retailers offer blockbuster deals for web shoppers. The National Retail federation says its already a record breaker. That we got in the last couple of hours. Online sales are going to jump as much as 8 this year to a pretty massive 108 billion. Im guessing about 90 million hits, visits on 4500 web sites. Combine the cyber madness with the peak season for getting engaged, and the worlds leading online diamond jeweler finds itself in the middle of a perfect storm. Harvey cantor, ceo of blue nile, has brought more than 20,000 worth of jewelry thats it . I think its more than that, right . When youre looking that all you have out here. Take a look at my wrist if you can get a tight shot. This is an 8carat tennis bracelet. How much is this costing . 24,000 every day, but for cyber monday, 12,000. Liz thats so inexpensive. Notice i didnt say cheap. But it has to be today. Has to be today. Liz bluenile. Com, 12,000. How are you able to do that . And is it sort of a doorbuster situation where youre going to lose money on this . No, fundamentally blue nile has a different cost structure. We bring incredible value through the sourcing supply chain we have. Liz tell me, i know youre obsessive, youve been calling every minute to find out hows it going, whats the breaking news on blue niles numbers . You know i cant share specific numbers, but weve had a solid day, solid week. Traffic is up, revenues up liz when you say up, better than last year . Better than last year and very strong on mobile. Liz okay. So people are buying a 12,000 present on snowball. They are. Our web site on mobile . Our web site experience is really easy to shop. Liz weve been checking in on amazon all day long because they have a big Packaging Center in new jersey. I went on amazons site, i clicked on jewelry, theyve got a lot of diamonds out there. We even showed some of the web site, we can show that to our viewers right now. Whos your threat . Is it tiffany . Is it signet or is it amazon . In reality no one is specifically a threat. The value we bring to market is unmatched. So we continue to bring great value to market and continue to drive great, great gift ideas. Liz what are your best sellers this year . Diamond tennis bracelets are phenomenal. Our eternity band today only is doing well liz its the middle one. Yeah, its about 6,000, but today its about 3,000, so its a phenomenal, phenomenal value. Liz how many diamonds in that one . This is a 5carat. Liz and the necklace next to it. Saf fife and diamonds, typically 3,000 and 50 off of that liz tilt it up. Its a wonderful piece. Liz i am wearing blue nile earrings that i got a couple years ago, and they are similar. They will match. Liz i thought, oh, harveys here, let me make him happy. Sapphires, diamonds. Its a wonderful time, except that you look at a consumer, and youre a great sense, a temperature gauge of how the consumers doing. How is the consumer doing . You know, our core business is really solid. Weve had three quarters of doubledigit growth, customers a little volatile, but the core part is very solid. Its the upper end, the 400, 500,000 diamonds not selling at the same level historically. Liz the brick and mortar gang is getting smart. You also have a few stores, you plan to open two or three more. But between tonight at 11 59 when cyber monday ends and december 24th, what tricks do you have up your sleeve, harvey . Youve got to have more of these special moments, do you not . We have many special moments, and the greatest part about it is we can deliver most of them overnight. So no matter where you are, what device you come to us, you can pick Something Wonderful and have it literally at your doorstep most cases the next morning. Liz the 12,000 deal on this 24,000 bracelet i am wearing expires when . It expires tonight. And i can leave it with you. [laughter] liz thank you. If i hand over the credit card, right . Good to see you. Thanks so much for the opportunity. Liz harvey is saying he is doing better on blue nile than they did last year. Thats certainly a good sign. Indeed. Liz everybody says the economys worse. Not for bluenile. Com. Thanks so much. Have a good holiday. Liz its a 6 6 billion industry, but the skeletons in the art worlds closet are what really make it a story. Coming up, fox business hit show strange inheritance and the most stunning story about lost art and the skeletons that are now being exposed. Follow me on twitter lizclaman, lizclaman. Com. Countdown is coming right back and, boy, do we have a treat for you. A dramatic reading of kobe bryants goodbye basketball poem. Dont go away, cant miss that innovative sonicare technology with up to 27 more brush movements versus oral b. Get healthier gums in 2 weeks guaranteed. Innovation and you. Philips sonicare save when you buy the most loved rechargeable toothbrush brand in america. Every insurance policy has a number. But not every Insurance Company understands the life behind it. For those whove served and the families whove supported them, we offer our best service in return. Usaa. We know what it means to serve. Get an insurance quote and see why 92 of our members plan to stay for life. Las liz obviously, the art world has done incredibly well for wealthy investors, theyve turned to unusual moneymaking machines in the art investment plan. In just two weeks this past month, auction houses sothebys and christies sold more than 2 billion in art, smashing records for fall auctions. 179 million for picasso and then it goes on and on. So what does a holocaust survivor and a billboard painter have anything to do with that . Strange inheritance host jamie colby bringing us the story tonight of a painter and holocaust survivor who left behind a dark secret and a diary that revealed much. Yeah. You would think inheriting a diary would just have sentimental value, and in the end, the heir that we talked to is it centered on a journey, one she never expected. She knew her father had been at auschwitz in a death camp, he survived by painting members of the family of the gestapo in order to stay alive. What he didnt know was there was so much art that he had painted that was loot by the nazis and hidden all over europe. This diary gave her clues to her journey. She traveled all over europe. Shes recovered a lot of the art, and we went all the way with her to the museum, the Holocaust Museum in washington, d. C. Where she explained to us the significance of her fathers paint beings. Not just paint beings. Not just of the portraits, but some showing ec locution by choice, things that he witnessed that he hopes people will never forget. Thats one of two episodes that really prove sometimes its not what you inherit in terms of monetary value, but its in how much you love the person that left it to you, how much you want to preserve their legacy. Because the second episode tonight is an architect who did everything he could not to follow in his fathers footsteps. Boom, he lands right where his father was. Hes living in his Fathers House which was world renowned, and he also wants people to know about what his father created for all of us. Liz well, these are Amazing Stories at any time of the year, but at this time it certainly sends home a message. Jamie, thank you so much. Strange inheritance, season two. Back with two brand new episodes airing tonight. Please, do not miss it. Theres history, education, finance and love. Liz and love. The thank you so much, jamie. The closing bell, 32 minutes away. Here at home, hard to complain about 2 a gallon gasoline, but whats the true cost . The man who negotiated with the middle east for years is next. What saudi arabia is going to do, and will it be isis not low prices that push it is saudis to get involved . And he may be the golden gop boy of congress, but will that help him in the polls . Whats helping marco rubio over the weekend could possibly hurt him in the long run . Some think so, some dont. Stay tune ld. Tuned. Does your mouth often feel dry . Multiple medications, a dry mouth can be a side effect of many medications. But it can also lead to tooth decay and bad breath. Thats why theres biotene, available as an oral rinse, toothpaste, spray or gel. Biotene can provide soothing relief and it helps keep your mouth healthy too. Remember, while your medication is doing you good, a dry mouth isnt. Biotene, for people who suffer from a dry mouth. Liz breaking news, i told you had to watch every tick. November gains for all major indices. We just lost it for the transports. The transports are no longer positive for the month of november. For the moment, it is tenuous thread situation with the Dow Jones Industrials down 47 points. We were just touching session lows i believe. Right now it is touchandgo for the moment. Anything could happen in these next 2minutes. 27 minutes. Please stay with me. Its a situation were watching very carefully. Lets talk about politics. Were talking about the run for president. Before the long weekend, we had a very crowded gop field. Nothing changed over the long weekend. Everyone that was running before is still running today. No dropouts but there is a win came over the weekend and it is for senator marco rubio. What did he score . Republican congressman Darrell Issas endorsement. Issa is the 10th congressional member to throw support behind the florida senator. Even more endorsements are set to roll out this december. Current frontrunners, donald trump, ben carson, ted cruz based their campaigns against the establishment, is this issa nod a ticket to the white house or ticket out of the race . Richard goodstein, democratic strategist and ileana johnson. National review. Ridiculous to say ticket out or invitation to leave but the ones getting traction at the moment are outsiders, are they not . Absolutely. You see a lot of outsiders riding high in the polls right now but i still dont think we know what will happen as we get closer to february 1st when voters start casting their ballots. It is always tremendously helpful to have friends and congressman darrell issa, for senator marco rubio and congresswoman mia love, young lawmakers go back to the districts to rally their supporters and fundraising networks, that really never hurts and can only help somebody like marco rubio as we head into the Iowa Caucuses and New Hampshire primary. David rich, jeb is no slouch. He has 26 endorsements from representatives, senator, former senators. From tom ridge to Susan Collins but why is he not getting traction that marco rubio is at least from the polls . Exactly. We we get carried away marco rubios endorsements, look what good they have done for jeb bush . Not much. For ted cruz, will say that is badge of dishonor to be endorsed by washington politicians. That is what were tapping into. Republican base voters that washingtonbased politicians are corrupt. They are not doing what they promise and not true conservatives which ted cruz will say he is their standardbearer. As ileana said, this is mixed blessing. They are great campaigners. Tell gates to the convention. They raise money and good surrogates and spokespeople in this environment, we all can see is pretty weird whether that will be good or bad. We wont know for several weeks still to come. Liz most, not all but mostp gop candidates have been disinclined or acknowledge or disregards the black lives matter team. We have video in last hour 1 2, we have coffins moving through downtown chicago. We do know that Donald Trumps Campaign Today tried to backtrack a little bit after abruptly canceling a press conference with africanamerican evangelical leaders, calling them that a misunderstanding. Does that give him, the matter he is speaking with them that they have a gripe . I think that is a real stretch. Look, this meeting is taking place behind closed doors. Trump was billing it as a endorsement. David which it is not, we liz which it is not we should be clear. He had to backtrack on that. Yes. Donald trump is on the defensive, not only on this matter of the black pastors but on his comments on building a database of american muslims and on other matters. That is a real shift in the dynamic of this race. Trump is an aggressive guy who likes to be on offense. Liz who gets the black vote and hispanic vote, richard . It is certainly important one. Hillary clinton said she is their candidate. Warren buffett will be campaigning for her. This is a situation that everybodys watching closely. Look, i dont think there are a lot of black and hispanic voters frankly in republican primaries. Honestly if donald trump gets them after saying mexicans were rapists, blacks committed most murders, muslims are not qualified to be president and disabled, that one reporter, somehow or another in the face of that he is able to get any support from those groups, man, more power to him, he has a power we havent begun to comprehend. My forecast is that is not going to happen. This is big sham, this meeting. One of these day, even more base comments about blacks will come out, like when he retweeted business about how blacks were responsible for most murders. Donald trump is not exactly their friend. Liz we will be watching each day. Because black lives matter protest continues on the streets of chicago. They were impeding shoppers. It was a big issue. Some arrests in the last hour 1 2. Pleasure to have you. Thanks so much. Closing bell is ringing in 21 minutes. Transports lost feigns in november. Evaporated in this hour. So anything can happen. It is the birthplace of islam and very important member of opec. Should saudi arabia be doing more in the fight against isis . A fox business exclusive with the man who once navigated our relationship with saudi arabia just after 9 11. The former ambassador exclusively with us. It is the last trading day of the month. Were discussing a stock you may want to sink your teeth into. Are they banks a buy . 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Whats in your wallet . Love or like . Naughty or nice . Calm or bright . But at bedtime. Why settle for this . Enter sleep number. Dont miss the ultimate sleep number week going on now Sleepiq Technology tells you how you slept and what adjustments you can make. She likes the bed soft. Hes more hardcore. So your sleep goes from good to great to wow give the gift of amazing sleep, only at a sleep number store. This week only, save 50 on the ultimate limited edition bed. Hurry, sale ends monday. Know better sleep with sleep number. Liz now this was interesting. Earlier today oil was higher. Now its lower by a quarter of a percent. Were standing at 41. 60 per barrel. What is it doing ahead of opecs big meeting in just four days . Many expect opec to make no changes in its production policy. Keep spewing out the stuff. The price will continue to go lower and it is killing financially some of these countries. Take a look at National Average for gasoline, a fallon of it. Regular unleaded gasoline, 2. 04 a gallon. That is down 74 cents from one year ago. If youre filling up the tank of your chevy suburban, it will cost you a mere 22. 94 now than it would have one year ago. That is great for the consumer. Problematic for middle Eastern Countries and companies certainly a part of opec. Oil has plummeted the past year, raising the question why arent the saudis getting involved to step the hemorrhage in crude prices . Why arent they putting boots on the ground with isis who is stealing market share with it is huge stake in oil . Former Prime Minister ehud barak said this last week when we said what it will take to defeat isis . They can not be won unless defeated on ground in syria and iraq. This should not be led by whenners. It should be led by muslims and others. Liz as in saudi arabia. What is saudi arabias biggest concern right now . Oil, isis, both . What will it drive to move . Joining me with his take former u. S. Ambassador to saudi arabia and author of, desert diplomat. Ambassador robert jordan. Ambassador, glad to have you. Friday opec meets. Today isis is advancing. What is more important . What the saudi arabia keep it up at night issue this very second . Is it oil or isis . Actually none of the above. Its iran and i think it is all iran all the time in saudi mentality. Between oil and isis i think its oil. The saudis have to be concerned that their strategy of pumping flatout 11 Million Barrels a day or so, is not having the desired effect, at least in terms of running some of the higher cost producers out of the market. Americans especially have found ways to drill, to save money, to drill wells in many fewer days and American Ingenuity i think in some cases outfoxed the saudi strategy here. Liz you just brought up iran. Iran is funding rebels. Its funding weaponry, all kinds of things happening right there in syria. Thats quite obvious. If that is of such concern for saudi arabia, why, when saudi arabia has the Third Largest military in the middle east behind israel and iran, most powerful i suppose you should say, why arent they getting involved . Isnt their patriarchy, isnt their entire government at risk here . There is a risk that i think they understand but it is more a 10 you eighted. They at 10 eighted. They flew some air missions along with the emiratis. Since that time they completely focused on yemen. They have as much band width in their military as they can handle. Until they find a solution in yemen there is a going to be a bridge too far to expect them to do much more with isis in syria. I hope that day comes though. As mr. Barak indicated, it is important to have sunni boots on the ground in iraq and not americans doing that work. Liz why is it our responsibility, the responsibility of the french and russians when truly this is extremely dangerous to even sunnis in saudi arabia . What is your best guess of the first country to move . Jordan of course has in the past but they lost a pilot. So they immediately came retreated. We had people that have been injured and wounded in all of this but what will it take we shed our blood and our treasure, youre absolutely right. I think the americans have been trying to get the saudis and emiratis and jordanians, get their act together, to cobble joint military force which can be effective as a force in the middle east this hasnt happened up to this point. The saudis have fairly recently engaged in what is called the cairo declaration with the egyptians. Theyre talking about building a military joint force to protect them against threats in the future. This may be talk. We havent seen action yet. I think it is becoming a matter of urgency for these gulf states perhaps to join with the jordanians and equip shuns putting egyptians, putting something together. We can provide some armaments and hardware and advice. But they have to be the ones to put more skin in the game than they have until now. Liz ambassador robert jordan. Please join us again. Thank you. We have breaking news. Protesters led by the naacp have been arrested, half a dozen. They marched around chicago and city hall just about an hour 1 2 ago carrying that coffin, calling for the justice in the Laquan Mcdonald case. The marchers chanted 11 shots, stop the coverup. That refers to the number of times mcdonald was shot by a Chicago Police officer. There were reports of arrests of protesters. Jeff flock, i said half a dozen. Is that what you were hearing. Looks like the streets are pretty quiet. Reporter i counted six. They are. The protest is over. I counted six, including National President of the naacp, cornell brooks. They attempted to stop traffic outside of city hall on lasalle street. That is when police took custody. Police with as many cameras as the media documenting arrests. There was no question about them. In addition to other rapid fire developments, the university of chicago was shut down because of a post on social media threatening to kill 16 white male students and staff at university of chicago. Apparently came from a university of i will snow student posting illinois student posted on social media. He was armed with m4 carbine and two desert eagle guns. They would be fully loaded. Not only would he kill the 16 but kill as many as White Police Officers he could as well as himself. The student taken into custody. The student or the university of chicago shut down today. Lastly, bond now being posted by the officer in question, jason van dyke, who killed Laquan Mcdonald, the 16 shots that you mentioned. The bond set at 1. 5 million. He only needs to post 10 . That is 150,000. The fop, the fraternal order of police was raising money although mr. Van dykes attorney said he couldnt say specifically where the money came from but apparently he will bond out, be out on the street today. I dont know what impact that is going to have. I tell you it is crazy times here in chicago, liz. Liz not to mention impeding basic services and shopping, all the things that go on here. There is some obviously, some very raw nerves. Jeff, thank you very much. Jeff flock. Reporter yes. Liz were looking at session lows right around session lows. Dow jones industrials down 63 points. Were going to be right back. Well take you to the trading floor. Stay tuned. The pursuit of healthier. It begins from the second were born. Because, healthier doesnt happen all by itself. It needs to be earned every day. Using wellness to keep away illness. And believing a single life can be made better by millions of others. As a Health Services and Innovation Company optum powers modern healthcare by connecting every part of it. So while the world keeps searching for healthier were here to make healthier happen. Liz we have breaking news out of albany, new york. U. S. A jury reach ad verdict in bribery and Corruption Case against new yorker sheldon silverman. This involves all kinds of corruption we hope we dont see at highest levels of local government. Apparently well know soon enough if it was indeed seen by the jury. It has been a terrible jury situation where one juror asked to be removed at the last second. If mr. Silver would be acquitted he could return for albany for 2016 legislative session in january. Few of his fellow democrats believe he can retake the position. Well let you know if the verdict comes in. Time to get your fangs out. By that i mean fangs, facebook, amazon, netflix and google. These names have been on such a hot streak this year. Analysts at jeffrey suggesting their run could be over. Is now the time to ditch these names and buy what . Lets bring in larry shover at cme. These are all great names. Why get rid of them because there is a point on the calendar . I look at parallel, look at buying a condo in 2006. Look at buying gold in 2011. It seemed like a really good idea back then for a lot of reasons but now we laugh about it. I know the stories behind these stocks are compelling. Think of facebook, some of their longterm prospects could be bigger than the company itself today. There is no meaningful competition to amazon prime. Netflix biggest acquisition stage is still ahead of it. And googles metrics continue to climb. Yeah, why dump them. Because there is positive risk premium in these stocks. Lets forget about pe ratios. Say everybody has been chasing. They have been a safe haven as it were. Almost a oxymoron. Not as if the companies are bad, doing bad things. There is so much positive risk premium in those stocks it is time to diversify. Liz you want to buy low, sell high. Larry, what are you seeing when it comes to these names and flows of trading on the floor of the cme . Are big clients moving out of some of these names, holding on to some . I look at amazon. The future looks very bright for this company. Yeah. The people on the floor are no different than. Investor watching television right now. They are accumulating these names. They act as if theyre safe havens. That they can do no wrong. When you read the paper the stories of companies are very, very compelling. The issue is about valuation. They have run up too far, too fast. I said it for a long time. Eventually i will be right and somebody will be left holding the bag even though theyre good companies. Liz when talking about the fangs is there a letter in fangs missing . Is there a name that should be there as we look forward . Facebook has done incredibly well. Twitter has stumbled. Maybe twitters time to come soon as social media name . When i look at four stocks we mentioned i think google is the one that stands out. Its financial metrics make sense. Theyre very investor orrery entated with a stock buyback, et cetera. They have longterm business, very diversified that will take some time, however not a traditional company. I do believe thats one around for a very, very long time. Liz i can tell our viewers this. Pretty much the major indices minus transports are positive for the month of november, although the settlement numbers could change. Larry, great to see you. Thanks for joining us. That will do it for countdown to the closing bell. David and melissa, a lot of news on this cyber monday. David indeed there is, liz. Leaders gathering weeks after the paris a record attacks. Meeting for what president obama calls a risk to our national security. Not isis. Climate change. Melissa Hillary Clintons Campaign Promises topping a trillion dollars. I will give you one guess how that will be paid for . David us. Melissa yeah. David people shopping online than in stores, are deals really that good . A reason to keep going to the malls. Melissa hold on to your soda. Uncle sam coming for your soft drinks and snacks. The closing bell sounds on wall street. There you go. The closing bell rings. David not doing quite as bad, hoped it would pull up. Seems stuck at 55, 56 level, melissa. Melissa sectors getting hit hard, utilities, Telecom Services consumer staples, energy, among others. While market closes there, well give you everything you need to know. President obama, more than 100 other World Leaders multitasking at the Climate Summit in paris. The Climate Change is taking stage at the conference but the president is not alone in pledging to attack Global Warming as a way to fight terror. Peter barnes has details from washington. Peter. Reporter melissa, president and his top advisors said Climate Change is threat to Global Security because of possible instability it could cause. He hinted at that position again today, calling decision for 150 World Leaders to meet in paris two weeks after the attacks there, an act of defiance against terrorists, a stance republicans again criticized. Nothing will deter us from building the futurewer want for
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