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Lets go to Nicole Petallides before we talk about anything else. Check on the markets. Good morning nicole. We pared the losses. Were down 41 points on the Dow Jones Industrials. 15,059. Just below the 15,600 mark. We had a nice run though, havent we . S p 500 down 1 00 quarter of 1 . It shows you we had momentum remains to the upside. Traders continue to believe with the easy fed policy the path of least resistance is to the upside. Of 3d systems, largest printer company, looking good. New alltime high. Potential takeover rumors maybe by ibm according to our own charles payne. Spending on research and expanding retail presence. Up over 100 and what a great performer and a new high today. Back to you. Connell thank you, nicole. More on obamacare. New developments in moment. Well focus on gubernatorial races one in new jersey and one i said a moment ago, in virginia, where the civil war in the Republican Party is playing out for all to see. Joining us from washington, d. C. , ron christie, former special assistant to former president george w. Bush. Always good to have ron on. Chris christie, no relation, new jersey or is it Ken Cuccinelli in the state of virginia . Those are two different republicans, both in the news today. Cuccinelli, close race with terry mcauliffe. Christie is expected to run away with it in new jersey. Who is the future of the party . I think future of the party is more like Ken Cuccinelli. Connell really . Even though i was born in new jersey there is no relation. Connell exactly. What you have here, Ken Cuccinelli current attorney general in virginia, someone who is very conservative. Someone demonized a lot by those in the press who dont obviously like his candidacy and those on democratic side of the aisle. When you look at Chris Christie however, he is a very popular governor in a deep blue state. I dont think his views on social issues are in line with where a lot of the Republican Party is right now. Connell your namesake would disagree with that. Im sure he would point out Chris Christie, his way of winning in that blue state, i think registration advantage for democrats in new jersey, want to say about 400,000. It is a big advantage for democrats. Thats right. Connell he will win today if the polls are right, i dont know, up 20 points in some polls, depending which poll you look at. If he wins easily, say someone like him, Suzanna Martinez from new mexico campaigning with him yesterday, that is type of ticket you want as republican to win nationally. Why would a Tea Party Guy like cuccinelli have a better chance to win in 2016, not just the primary, the general . Ken cuccinelli within hours after obamacare had been held constitutional bit supreme court, Ken Cuccinelli was first attorney general in the United States who came forth said we need to challenge this. This is monstrosity. This will be a big taxandspend boondoggle for the american people. Sure enough, connell, we found out it was much worse than we ever anticipated. I think governoo christie, dont take away anything he has done in new jersey. He is a remarkable governor in a blue state. Leadership during Superstorm Sandy is something to be commended but i think when you look at a National Ticket and look at primary process, look at conservative party right now i dont think governor christie, he might prove us all wrong i dont think he is necessarily going to be the guy that will make it through a primary process. Connell look at Electoral College math, people say i cant believe youre talking about, this governors race and fast forwarding to 2016, what is your argument for somebody like a cuccinelli if he wins the primary . It will not be him necessarily running for president but somebody from that background wins the primary, how does he win . Have you seen the math that shows you he can win nationally. Politics is always about addition rather than subtract shun. What governor christie has done reached out to traditional independents and democrats and communities of color. You look folks like a jeb bush, like a marco rubio, like some others, my former boss of governor john kasich, governor of ohio. There are republicans who have bonafide conservative credentials and galvanize the vote in communities of color and nontraditional republicans. Connell interesting especially in virginia, we talk about health care on down will be at issue there. Ron christie, not exactly an endorsement of Chris Christie. We appreciate seeing you. Always a pleasure, sir. Dagen president obama playing defense yet again trying to fend off criticism of the botched rollout of his Signature Health care law but with Top Health Officials now pushing people to fill out insurance applications on paper, what is the administrations next move. Connell what comes next . Peter barnes at the white house to tell us that. Peter . Well, guys the administration it is still continuing to try to fix all of this, to fix the health care. Gov website and the application process but the president was out last night trying to fix his image on all of this he spoke to a group that helps him, the organization for action, and he is now seems to be changing some of the story here. He said, quote, if you have or have had one of these plans before the Affordable Care act came into law and you really liked that plan, what we said was you could keep it if it wasnt changed since the laws passing. That is different from what the president said. He said you could keep it, period. Take a listen. We road l rode wrote into the Affordable Care act youre grandfathered in on that plan but if the Insurance Company changes it what were saying they have to change it to a higher standard. Only if the white house likes your plan can you keep it. If you like your plan in all likelihood you could very well lose it which is what is happening to millions of americans. Senator thune saying this morning on fox news that he would just like straightforward, honest answers from the administration about all of this. And the administration will get more questions today. We have more notes from private meetings of contractors, and Administration Officials about the rollout of all of this, these coming once again from the House Oversight committee. Released last night. They say, according to one note taker, quote, the Media Attention will follow individuals to plan selection and their ultimate choices and in some cases there will be fewer options than would be desired to promote Consumer Choice in an ideal shopping against. Additionally, in some cases there will be relatively highcost plans. So what they were saying in private is now coming, is what were hearing publicly as they try to move forward with this rollout. Dagen and connell. Connell peter barnes at the white house. More to come even throughout the day on this story. Peter, thanks. Here is car sale story for you. Ron burgundy does it again. San diegos classiest anchorman helped sales of dodge durango. Up 59 for october. These are ad age numbers. 70 ads were cut. There he is anchorman, will ferrell. They launched a month ago. Dagen the new movie is out in december, the sequel to anchorman. There you go. Better be funny. 1995 was last time all 10 s p 500 sectors end the year with doubledigit gains. It is about to happen again. More what it means for the market, lets bring in wells fargo chief portfolio strategist brian jacobsen. Longterm Interest Rates going up we got a taste in may. This cant continue, can it . Well you know it can actually at least for the next year. Eventually all good things must come to an end. Well probably see a downturn in the market but i dont think well see quite yet. Look at years which weve had doubledigit gains on the s p 500 the subsequent year is also pretty good. You give a momentum and carrythrough on some of these runs. Dagen brian, if you look at the 10 sectors though, some have to be overpriced compared to some at least reasonably valued. What do you like and dislike . Well that is a very good observation, that all stocks are not the same. When it comes to specific sectors. Im a big fan of energy, industrials and information technology. Those are my three favorite basically on valuation basis. The other sectors i think might be geting a Little Pricey but theyre not outside of the realm what is reasonable. Tough remember that the market very rarely trades at what we could consider fair value. It can go to the extremes and stay at the extremes for extended periods of time. Dagen i told people that. People will come up say, hey, i short the market. Im like, you know what . It sounds trite but if youre fighting the Federal Reserve if youre betting against what the Federal Reserve is doing, historically that has not been a winning battle. One more thing though in terms of the overall stock market how high, how high do Interest Rates go that the market cant handle that . Like, how high is too high in terms of longterm rates . Sure. In terms of longterm rates i think it is why are the rates going higher . Because were having a lost inflation . But basically theyre sort of neutral level for Interest Rates. I pegged that at around 4 to 5 on the 10year treasury. So when rates are below that, rising rates can actually be good although when youre above 4 to 5 , then falling rates can be good. So in this type of environment, rising rates could be a positive thing provided we dont see inflation getting out of check. With inflation running 1 1 2 per annum it is really not all that bad. Dagen brian, great to see you. Thank you for the insight. Brian jacobsen. Take care, from wells fargo. Connell budweiser spending big bucks on the next super bowl. Well tell you about the party boat that theyre working for. Dagen ship boat . Connell you will see. It one more that colin and i wont be traveling on. Connell yeah. Dagen Immigration Reform on tap at the white house this hour. The president meeting with some of the biggest names in Corporate America. The Administration Says 1. 4 trillion can be won for the economy if these talks go somewhere. Connell talk about anything but health care. Well talk about immigration coming up. If lockheed gets its way these planes could be in the past when it comes to americas military might in the skies. New planes to definitely be looking at. All coming up on markets now. [ bell ringing, applause ] five tech stocks with more than a 10 . Change in afrmarket trading. All the tech stocks with a market cap. Of at least 50 billion. Are up on the day. 12 lowvolume stocks. Breaking into 52week highs. Six upcoming earnings plays. That recently gapped up. [ male announcer ] now the world is your trading floor. Get realtime market scanning wherever you are with the mobile trader app. From td ameritrade. [ male announcer ] 1. 21 gigawatts. Today, thats easy. Ge is revolutioning power. Supercharging turbines with advanced hardware and innovative software. Using data predictively to help power entire cities. So the turbines of today. Will power us all. Into the future. And this pk is the inside of your body. See, the special psyllium fiber in metamucil actually gels. And that gelling hes to lower some cholesterol. Metacil. 3 amazing benefits in 1 super fiber. Dagen kmart and a host of other retailers opening early this Holiday Season. Our Nicole Petallides taking a look at those stocks. Nicole. These retailers certainly want to get a jump on the Holiday Season and shopping and it is Pretty Amazing when you start to look at some of these names here and times that they are opening. For example, kmart stores will be opening at 6 00 a. M. On thanksgiving. And remain open until 11 p. M. On black friday. So starting from thursday morning straight through friday night . It is pretty incredible. Sears, jcpenney, kohls, macys, mixed bag. Kohls pulling back much like sears. Jcpenney only name of the four although in a big turn around plan, working on that, it is struggling, it is higher today. It is interesting sears done this, a four years ago jumped on board with this. Kmart is routinely open thanksgiving. Before the turkey, in between the turkey, after the turk kirks i dont know. Back to you. Connell nicole, thank you. Anheuserbusch is going all ought for super bowl transform ing a it into a giant venue. Thats what happens when you bring to the new york. 2200 rooms, lodging through thursday and monday morning after the game. If youre a guest, you wont forget the brand because budweiser will be stamped all over the thing and pillows, shampoo bottles and everything else. Guests on board will be kind after mix. Consumers, retailers, business partners, sponsors all that kind of thing. Not us by the way. We. Dagen the ship wont go anywhere. Sitting in the hudson rivers next to the intrepid which i live next door to. Connell you could stop by. Even on the side you wouldnt be on into that with big ship and sponsors. Dagen i would be more apt to stay on the ship if it was in port because i could get off. Not that you want to be cruising up and down the westside highway. Connell maybe in little boat but not in the big cruise ships. Might bump into me. Connell in euro boat. Dagen by the way the intrepid is so cool. Connell it really is. Budweiser all over it, it is kind of weird, isnt it . Dagen no, no. Everything is great with anheuserbusch. Here is good news for a frequent flyer. Beginning today, customers on American Airlines flights in the u. S. Will be able to use Electronic Devices gate to gate, set to take effect 5 00 p. M. Eastern standard time. Gate to gate, there is no time on board that you cant use all your devices as long as theyre in airplane mode. Got to stow. Laptops on takeoff and landing. Delta and yell blue are just two of the other already put this in place. Connell i was admiring split screen video showing the progression of somebody who never heard a cell phone with a flip phone at the end. If question let it roll, first iphone. Dagen on the belt. Connell made it up to like 1998. There is is. Sandra smith on the last business trip. Dagen there you have it. Connell this is guy never heard of the phone. He is asleep. Wake up, sir, use the phone. Dagen bit grace of god, people cant make cell phone calls. That guy connell out the window. Dagen cant use your cell phone. Connell good. Lockheed martin with its famed Skunk Works Division back to work. This is the story i said a moment ago is kind of cool. This hyper sonic spyplane. It is called the sr72 or the son of blackbird. The blackbird was a spyplane the air force operated for decades but they retired it like 20 years ago. Unmanned plane, no pilot. Could penetrate and strike at any location in less than an hour. Antiradar coatings would not be needed because of the sheer speed of the plane again with no pilot. Demonstration models expected by 2023. Working military plane ready for delivery in 2030. We tell you about 2013 because of hough cool it is. The stock at 135. 50. If there was a pilot we have suggestion loaded in for that for you. Of course there is none but Dagen Mcdowell if they need ad pilot. Remember when dagen is that me . Connell remember you went into the whatchamacallit flying around with those people . Dagen i started throwing up 10 minutes into the flight. Connell yes, she did. Dagen i threw up 12 hours after that. I was literally taking a nap on the tarmac. They almost had to carry me. Connell i feel really bad we brought that up. Dagen i admit it. I would still do it again. Connell you dont have to. Dagen follow directions and hydrate heavily in the days prior. I didnt happen and paid the price. Connell making unmanned planes after you. Dagen plane, tarmac, van, flight office, car, i was throwing up a long time. Connell we got it. We get the picture unfortunately. Dagen well you showed it so. Hey, so that locker room mess with miamis Football Team also has big money implications for the dolphins and the nfl. One of our favorite guests is coming up to talk it. Connell especially for mr. Incognito. Dagen dont you want to bash him in the face with baseball map . Connell Immigration Reform with bigtime ceos. Americas best and brightest. Well talk about coming up. Big economic issue obviously. Straight ahead, markets now. When we made our commitment to the gulf, bp had two big goals help the gulf recover and learn from what happened so we could be a better, safer energy company. I can tell you safety is at the heart of everything we do. Weve added cuttingedge technology, like a new deepwater well cap and a stateoftheart monitoring center, whe experts watch over all drilling activity twentyfourseven. And were sharing what we learned, so we can all produce energy more safely. Our commitment has never been stronger. At 23 minutes past the hour im lauren green with your fox news minute. Authorities in new jersey dont believe a gunman who killed himself after causing a lockdown at a new jersey mall wanted to hurt anyone. Reports say 20yearold Richard Shupe went to Garden State Plaza mall and fired shots. There were no injuries. His body was found in an area behind the mall. Pilots on two small planes are lucky to be alive after coy lieding in midair saturday night in northwest wisconsin. One plane was destroyed and skydivers jumped free. Pilot of the second plane was able to land safely. What could be a royal publicity stunt tmz is reporting that burger king has its eye on the former Hollywood Home of the king of rock and roll, elvis presley. Offer of 3. 9 million has been made. Keep in mind the company is about to debut its new sandwich called, the big king. Those are your News Headlines on the Fox Business Network. Im lauren green. Back to dagen and connell. Connell thank you, lauren. Lets make some money now. Charles payne is here. 25 minutes after the hour with a stock up 90 yearoveryear. So charles is chasing today. Dagen why are you buying it if it is a double . Well in february of 2011, it was a 41 stock. In march of 200,026 a share. Doctor march of 2,000, it was a 26dollar a share stock. If iting breaks 24 and through 26 i see it going crazy. Guys we always talk about the internet bubble. It was as much of a Technology Equipment bubble as well particularly this networking stuff. All these stocks like this, 400dollar stock, theyre starting to really come back. These guys are coming back because of their products find products. Fiberoptic products. Their margins went to 35 from 32 the quarter before, from 30 year before. Operating margins through the roof. I think this is Company Going extraordinarily well. If you want to use traditional valuation metrics, two times book, two times sales, i think its a screaming buy. Connell 23 and change. Youre trading it. Youre in and out like steve cohen . Maybe that is not a good reference. Youre trading in and out of very quickly . What are you doing. Listen ideally a stock like this i like to hold three to six months. If it goes to 30 tomorrow im out. Sometimes i let the market dictate my actions. Im not married to it. Im married to the idea that fundamentals justify a stock that should be 30. How long it takes to get there well see. Dagen as always in shortterm trading, hey im making so much money and looking how much money youre makeing. Listen, there is always reasons. I rather make 20 in a week than, hold a stock for 20 years and make 20 and save on capital gains. That is just me. Dagen trading costs. Im saying, after tax and after trading costs profit is lot less than people think very often. That is all. Okay. Charles, thank you. Killing your party, man. I know. What happened . She is talking about 10 gs and all that stuff. Dagen did a contest on cashing in years ago. I remember that i remember that dagen they were all trading stocks all year. I bought same mutual funds beginning of the year, never traded them. Beat them. Both years and beat the s p 500. Well talk about hazing story coming up. Im being hazed right now. Connell you probably have thoughts. Scandal in miami is no joke at all. There is big money on the line especially for this guy incognito. Well tell you about it and new developments on markets now. Dagen the president is getting together with corporate titans to talk Immigration Reform that the white house says could add over a trillion dollars to the economy. Oh, certainly takes at least they hope, the focus on the health care debacle. [kevin] pa and i have been friends. [paul] well. Forever. [kevin] hes the one person who loves pizza more than i do. [paul] were obsessed. [kevin] we decided to make our obsession our livelihood. [kevin] business was really [paul] wegood. Bsessed. [kevin] then our sauce supplier told me you got to get quickbooks. [kevin]quickbooks manages money, tracks sales and expenses. [pau we even use it to accept credit car. [paul] somebody buys a pie with a credit card, boom, all the accounts update. [paul] when we started hiring,we turned on payroll. [kevin] its like our pizza. You add the toppings you want, leave off the ones you dont. [kevin] now business is in really great shape. [announcer] start using Intuit Quickbooks for free at quickbooksdotcom. Somemes they just drop in. Always obvious. Cme group can help you navigate risks and capture opportunities. We enable you to reach Global Markets and drive forward with broader possibilities. Cme group how the world advances. The Peter Shriver coming up, incognito skip kendall. Right now couple food stocks reporting your teams after the bell, Nicole Petallides giving us a taste of the perspective. Nicole lets take a look. Lets take a look, and opened the book, papa johns, lets see how they are fair in. Papa johns up a quarter of 1 . With a gain of 3 4 . It is down 70. 81. Rocking these names reporting after the bell, Dominos Pizza a rare earnings miss recently, the same business, noted high costs so that is not necessarily good news but they got raised in you see open to people downgraded so watch these names, a mixed bag. Connell theyre a big implications in this football story, the lineman, spend indefinitely with allegations that bigtime bullying against a fellow teammate of his. The mac incognito has been in trouble, 13 million contract. The senior and a fellow writer for foxsports. Com and we are referring to Jonathan Martin, the man known for the dolphins. Second round pick from two years ago, and one of the veteran leaders of this team voted by his teammates to the leadership cals lead and also a captain in the voice of the locker room, one of the leading veteran players and this is not shocking for those, he was voted has them dirtiest player by opponents in 2009. To hear it on his own team, Text Messages and voice mails we cant even read on air and asked Jonathan Martin to chip in 4 of vegas in which martin wasnt going to be attending. Connell if you watch hard dock you know about it is idiotic and say what you want about it but the culture not only of the nfl but other sports is such the new guys get heat. The text with the racism and all that stuff is over the top, mostly everybody agrees. So what are the implications . The coach, what did he do . How much did he know . Other players didnt say a word. Things change in the nfl. The nfl as an opportunity to use their platform to make this an anti bullying camin. With all but negative news to to and this positive. A cellphones, this is hard knocks and every summer a player being tipped too old post as a powder and being punished by teammates. They make every year team that doesnt want to be involved elite has said and a comedy for a last few years, and the coach yesterday came out and said it is his job to maintain the atmosphere. The nfl doing investigation, we will see what happens. Check could be criminal implications like voice mails coming up. Dagen do the teams, ultimately the teams care, the leaders, the league and even the and if it means winning . This has been going on and they turned a blind eye. A lot of sources said those messages are over the line and talk about typical bullying, the guy who has transgressions and the guy who is soft. They would rather have a tough first guy going into battle when a guy who says this atmosphere, that is the nfl culture. It has got to change but it is a long time. Connell Dagen Mcdowell mentioned the contract. Is there any kind youll never be picked up after this kind of thing. Mmhmm to 50,000 per game, for the dolphins who spent some much money revamping this scene, 44 losing the top offensive linemen and marketing money, a lot of stuff. Dagen you think a lot more comes out of that. It just sounds who knew what when. Dagen why those two, why incognito. One interesting point. Both of Jonathan Martins parents are harvard a duty. Doesnt have the typical come from scraps, might have been a culture clash, a out of stanford, we are the tough guys, this started when he was drafted and i blame dolphins personnel because the took a risk despite the past transgressions and Jonathan Martins black ground and personality. Dagen look at the pictures. Look at the guy. Dagen baseball running out. Dagen has to look like every believe i ever grew up with a. Connell to the Big Business Travel costs when talking about sports, travel accounts for an estimated 100 million in Hotel Business every year it is almost immune to recession, these statistics, travel budgets for major professional sports leagues averaging 200 million a year, marriott expects to get 40 of professional Sports Hospitality business this year and with the super bowl coming to the new York New Jersey area, take a look at last years 2013 super bowl involving 185 million in Corporate Travel bike totaling. Talk about money in football. The nascar drivers. Connell why doesnt always come back to the . They adelphia i. T. To the track every weekend on a private jet. Connell we talking about football. Is a i dont care. Speaking of racing lets talk about prices at the pump at a level of the year continuing to plunge. Connell sandra smith joins us from the cme with the trade in chicago. Gas prices are going to continue to go lower throughout the end of the year. You probably already noticed the National Average overnight aaa reports dropped to 3. 24 a gallon, that is down 0. 11 from what we were paying a month ago, and down 0. 23 a quarter from what we were paying a year ago and premium at 3. 59, all those truckdrivers with lowerpriced is, 383 good for business and visa just the averages, 70 of drivers in the United States, you are seeing probably gas prices below 3 at the pump. Five states, missouri, oklahoma, texas and kansas according to gasdaddy. Com being below 3 as stated average and aaa predicts ten more by the end of the year. We will see as the average of 3 a gallon, aaa says we are going to see the National Average get to 310 by the end of the year. The chief oil analyst at gasbut. Com, 3 is the National Average by the end of the year because there are things keeping it higher like oil prices even though oil has come down from triple digit prices we were seeing, historically high to 90 a barrel still we will see those prices go down further but not like lead to see the National Average get below 3. Dagen now on twitter. And Peter Schrager too. Dagen new to twitter and more on the white house meeting between the president and Corporate Leaders on Immigration Reform. The white house says we could fix it. Means an extra 1 trillion for the economy. Connell we will talk about it coming up, helping seniors without their dreams. A great story, jeremy bloom is coming in to talk about the wish of lifetime. The next hour one company says it was not worth it when it advertised on twitter. Where is the revenue stream for this great idea . Starts trading later this week. We will talk about that to talk about that at the top of the hour. [ male announcer ] need help keeping your digestive balance in sync . Try align. Its the number one ge recommended probiotic that helps maintain digestive balance. Stay in the groove with align. Lori rothman with your fox business brief. The service sector, 85 of the u. S. Economy grew at faster than expected rate in october we learned earlier today. Non Manufacturing Index rose to a level of 55. 4, a pull point from september. U. S. Home prices are rising at a slower pace. Core logic says increasing 2 in september from august down from 0. 9 in august from july. Morgan stanley says it may take a lot over Mortgage Securities, confirms work done before the financial crisis would according to a regulatory filing 2. 7 billion with Mortgage Securities by aig between 20052007 and Morgan Stanley sponsored more. That is the latest from the Fox Business Network giving you the power to prosper. The ocean gets warmer. The peruvian ahovy harvest suffers. It raises the price of fishmeal, cattle feed and beef. Bny mellon turns insights like these into powerful investment strategi. For a university endowment. It funds a marine biologist. Who studies the peruvian anchovy. Invested in the world. Bny mellon. Connell was a back and markets now. Integration the big issue with this summit under way, as we speak we may get some comments from the president any minute and some big names from Corporate America meeting with the president. Immigration reform will reduce the deficit by 850 billion, grow the economy by 1. 4 trillion, as online registration for the 2015 diversity lottery is wrapped up over the weekend, controversial program, two sides to this. Many people say it needs to end now. The Vice President of research at Singularity University known as Academic Research entrepreneur, good to see you once again. This gets to the point is this diversity lottery about who we allowed in when we are debating Immigration Reform. How important is diversity versus do we want to pick and choose high skilled immigrants . Take it from there. Having the diversity it broadens a number of people, when the economy is bad and been High School Graduates with no specific skills coming into almost certain unemployment. We have not qualified them based on the needs of the country or their qualifications, just bringing random people in from countries in africa, some in the middle east, other small countries just because we dont have immigrants, there has been between democrats and republicans the republicans say you can have more high skilled readers if you sacrifice the diversity, democrats have gone i dont agree with them. We need to create more jobs. Tens of thousands of new product over a generating hundreds of thousands of jobs, five years from now we can discuss diversity and we can afford to bring people to look after them. Not a matter of just bringing people in but the employment with the benefits, all the basics of living a good life over here. We dont want to pick on one poor country and another country. Connell the key Economic Data in this the taking place now, the other side, you are siding with the republican argument, the other side is going to say that is an american, this family was built by immigrants and people coming in at the bottom and building up to the top, we dont want to stop that. Your point is about timing, we economy is. Enough people at the bottom, that is why we are discussing legalizing undocumented workers and the dream act. Those are good things. We really should have the influx of people from the bottom who work fairway. The issue is when the lines are drawn over this, if we pick and choose between doctors, scientists and engineers and other growers to Start Companies over here and random High School Graduates from specific countries it is a nobrainer. Why are we debating this thing . Democrats and playing games with the republicans and this is what i call them out on this, they are not being sincere. If they care about the country and economy the would focus on fixing it and getting the agreement done whatever it the can. Disagree on things which are easy to agree on and move on to other battles. Five years from now and no one is saying close the doors forever. And put americans back to work. Connell good to have you on the show, we will see what the president s perspective is any minute. Dagen two time olympics peer jeremy bloom place in the nfl for a short time, he is an entrepreneur standing by to talk about a charity that will make you feel awesome. Connell agreed story. He will tell us about coming up on markets now. The most Free Research reports, customizable charts, powerful screening tools, and guaranteed 1second trades. And at the center of it all is a surprisingly low price just 7. 95. In fact, fidelity gives you lower trade commissions than schwab, td ameritrade, and etrade. Im monica santiago of fidelity investments, and low fees and commissions are another reason serious investors now get 200 free trades when you open an account. Connell promised a cool story on markets now. Asia just another number, wish of a lifetime. Held Senior Citizens to live out their dreams. Dagen he simply wanted a rug under his cold feet, and entrepreneur making all these things possible. Founder of wish of all lifetime. Amazing focus for your charitable endeavors. This is an entire group of people who are forgotten in some ways. My grandparents were such big influences on my life, my grandfather i am named after him and he was my first ski instructor and my mom wouldnt bet us have candy bars and he was total losses of opposite. Extra candy bars and throw down the mountain and learned how to ski. And growing up, the oldest people in society should be respected and thank for paving roads, giving us life, fighting for independence, of causes for children. Wish of a lifetime. Dagen how do you connect with them . Senior living, 650 homes across the country and each of those homes in communities there was the wish to granting program and people who write into this on the web site seniorwishy. Org and you know someone in your life for watching somebody that is deserving of a wish they can submit a wish. People of thinking about makeawhich and a lot of programs for kids so older people deserved it. You are an entrepreneur. People know youre athletic career, playing football by the way as well. I read something recently, an article on twitter which was saying athletes often times make a terrific entrepreneurs talking about goal oriented, know how to handle failure. Is there an athletic connection with the next step in the career . Did it help . To your point professional athletes run up against barriers all the time. You set this big bold about playing the National Football leagues skiing in the olympics and run against these barriers and look at them as insurmountable and figure out creative ways to and passed those in the same famous building the company. The nfl has an Awesome Program where you take classes at stanford, harvard or warren. I went to wharton when playing for the eagles and my professors were mentors in my life so i started an Internet Company three years ago called integrating Marketing Software company. Dagen what is your next liquidity event . Investors like a return on their money. Our goal is to build a Great Company and all that will take care of itself and we raise the funding, comcast is of founder with the birdie global sow that is my new football. Connell congratulations. If you have any thoughts on this incognito stuff with the dolphins and played in the nfl, what do you think of it . I think a lot of it. I played in colorado, mike tomlin at the steelers and nt read at the eagles and they were very hard, no hazing policy. They would say it redundant week, meetings and training camps. I didnt experience a lot of it and it started at the head coach bubble. I dont know joe feldman so not blaming him but i dont know what happens in the organization but the teams ive played for were harsh on the policy. Dagen do you feel like . As much as i can. Dagen to go from mobile skiing to that to a few times a year. Dagen great to see you, please come back. Big elections and referendums across the country today. We will break all down to what it means for the country. Said to make the trading debut thursday and in the next hour, the advertising on twitter wasnt worth it. Markets now. Reluctant to try new things. Really . Whats wrong with trying new things . Look mommys new vacuum cat screech you feel that in your muscles . I do. Drink water. Its a long story. Well, not having branches lets us give you great rates and service. Id like that. A new way to bank. A better way to save. Ally bank. Your money needs an ally. Help the gulf when we made recover and learn the gulf, bp from what happened so we could be a better, safer energy company. I can tell you safety is at the heart of everything we do. Weve added cuttingedge technology, like a new deepwater well cap and a stateoftheart monitoring center, whe experts watch over all drilling activity twentyfourseven. And were sharing what weve learned, so we can all produce energy more saly. Our commitment has never been stronger. [ male announcer ] the parking lot helps by letting us know whos coming. The carts keep everyone on the right track. The power tools iroduce themselve all the bits and bulbs keep themselves stocked. And the doors even handle the checkout so we can work on that thing thats stuck in the thing. [ female announcer ] today, cisco is connecting the internet ofverything. So everyone goes home happy. P in the drum of any machine. To wash any size load. It dissolves in any temperature, even cold. Tideod pop in. Stand out. You really love, what would you do . [ woman ] id be a writer. [ man ] id be a baker. [ woman ] i wanna be a pie maker. [ man ] i wanna be a pilot. [ woman ] id be an architect. What if i told you someone could pay you and what if that person were you . When y think about it, isnt that what retirement should be, paying ourselves to do what we love . Now, if you have or had one of these plans before the Affordable Care act came into law and you really liked that plan, what we said was with you could keep it. If it hasnt changed since the laws passed. So we wrote into the Affordable Care act youre grandfathered in on that plan. But if the Insurance Company changes it, then what were saying is theyve got to change it to a higher standard. Dennis president obama turning the period into one heck of a long footnote. If you like your insurance, you can keep it, period. Im dennis kneale. The white house struggling for a strategy to alter the Public Perception that the president lied to us. Now, today is election day, and major races in new jersey, virginia, new york city as well as referendums across the country, potentially revocations for 2016 and the Republican Party, and we are two days away from twitters big stock offering. Weve got a guest coming up who says his company advertised on the site early on, wasnt worth it. All this and more in the next hour of markets now. Dennis well, the president kind of clarifying, thats what we used to call it in the wall street journal when you had a correction, hes going to clarify. Cheryl well, i mean, the thing is hes eventually going to have to come out and to be a bit more real with the American Public and fix the darn thing. I mean, thats the problem. Dennis yeah. Cheryl theyre doing maintenance overnight dennis no idea how long its going to take. Cheryl it is the top of the hour, weve got Nicole Petallides on the floor of the New York Stock Exchange. A lot of the movement has been europe. Were down 15, but overall the story pretty negative out of there. Reporter well, what we see now is the market coming back off the lows of the day, so thats good news for the bulls out there. Youve seen the s p 500 up 15 of the last 19 days. The momentum has been to the upside, and it was likely that it would start to trend back closer to that unchanged line, and thats what we are seeing. The vixx index has an upside, and the Dow Jones Industrials down 18 points right now, 15,620. You mentioned europe, cheryl and dennis, and thats something were watching closely as they cut the growth forecast. Were seeing the ftse, for example, down a quarter of a percent, so you did see pressure coming on the european markets. But overall, technology, for example, today is a bright spot. Microsoft and cisco can actually leading the way on the Dow Jones Industrials. Back to you. Cheryl nicole, well see you in 14 minutes. Dennis president obama on the defensive yet again even as he vows to proceed with his Signature Health care law as millions of people already insured stand to lose their coverage as a result of the new law. But with Top Health Officials now pushing people to apply for insurance by paper and pen, what will the next move be at the administration . Peter barnes is at the white house with the latest. Peter . Reporter well, hey, dennis, thats right. And this issue of people who are losing their coverage, their current coverage getting their policies canceled because of the Health Care Reform law is the subject of a hearing up on capitol hill today in the senate. The senate health, education and Labor Committee is grilling the head of the centers for medicare and Medicaid Services about all of the problems with the healthcare. Gov web site and the processing of applications and the loss of current coverage. Take a listen. The decisions that are made if they dont meet the minimum benefit that was established under the aca, that is an individual that will have a plan canceled, is that not correct . No. What im saying is they can continue these plans. These plans can be grandfathered in they made these kinds of changes. If they start to reduce benefits, then they fell under the requirements of the aca. So they could stay in these policies. Reporter they could stay in these policies if theyre grandfathered. So well continue to upon to have all this. And to monitor all this. And tomorrow the secretary of health and human services, kathleen sebelius, is scheduled to testify before this committee. You can expect more tough questions. Dennis . Dennis all right. Thank you very much, peter barnes. Cheryl well, call it a cause for celebration, all ten sectors of the s p on track to finish the year up over 10 for the first time that we have seen doubledigit gains like this since 1995. Lets bring in ceo and founder mark madison in studio, its great to have you here. Great to be here. Cheryl if you look at what the s p has done, we saw this price action back in the mid 90s, and it was a bloodbath after that. When you see gains like this, doesnt it make you a little bit nervous . I know youre bullish, but youve got to act acknowledge this. Actually, no, it doesnt at all. We have to be careful of making false patterning. While this hasnt happened since right before the last crash, the human, the human psychology, the human instinct is to assume thats going to happen next. The reality is it has absolutely zero correlation. You would need to have 64 inferences of that to draw anything meaningful. Thats not happened 64 times, and the reality is all the noble and predictable information is already factored into the price today. So the goal here is to say long term in equities and not try to forecast cheryl but not everybody has a long term they dont have that. We have viewers that are in their 50s, their 60s, theyre running out of time. And when they hear longterm investment, they get frustrated with that. They say, no, ive got to save something now. Thats the problem, people live longer than they ever have, so you could be looking at 20 or 30 more years of needing your money in retirement. Cheryl that makes it worse. The alternative, if you throw your money in fixed income right now, you get zero interest rate, so youre looking at 20 or 30 years of basically making no money. The goal is when the market crashed the last time, investors cheryl are you talking about the bubble . Im talking about the 2008 and 2009. Cheryl okay. The s ps up over 200 since then, small value stocks up 240 since then. To the extent they cant take the shortterm volatility, they have to offset that with shortterm fixed income. But almost everyones going to need some equities in their portfolio to offset the inflation. Cheryl what weve seen is a lot of people arent buying bonds right now. Thats the contrarians coming out and saying, wait a minute, this market is overheated. What do you say to that . Well, they are buying bonds, and longterm bonds have a high correlation with stocks. You can see them both crash at the same time. The only way to offset that is with shortterm fixed income. Dont try to offset with gold. Golds down 30 while equities are up over 50 . Cheryl gold play is over. You also say where the country is right now is ip adequate. Part of this, the blame certainly, is on the fed. But you also say youve got no real gdp, youve got food stamp programs participants going through the roof, 48 million americans or Something Like that, and at the same time youve got, i forget how many people out of the labor force yeah, over 90 million have exited the labor force. Cheryl right. So youre saying the stock market is going to be, you know, divergent with reality. Well, heres the reality, you cant predict economic forecasts and then predict the market. For example, if you had perfect clarity over the last 90 years of when you had recessions and when you had a recession in gdp, equities are 11 versus the market in general at 8 , so its actually better to be in the markets statistically when you have low growth or no growth. Its very counterintuitive, and thats why most people hurt themselves, get in when its high and panic when its low. Cheryl and theyre sitting in cash, thats all thats happening. And you need to be international. You cant just invest in the u. S. You have to have europe, asia and emerging markets which is up 13 a year over the last decade. Cheryl making money wherever we can. [laughter] mark, good to have you, thank you for being here. Thank you very much. Dennis we have our own logo, somethings really big, and twitter is set for that ipo on thursday. While investors are anxiously waiting, questions arise as to how effective it is as a platform for advertising. One doubter is the ceo of videosharing sight that bought ads on twitter and found skimpy impact. Ceo Greg Costello joins me now. You spent 40,000 on twitter ads, what resslt did you expect for that versus what actually happened. Well, we had hoped to get a lot of downloads. We have an app called give it, as you said, and we tried a number of different advertising mechanisms, and were big fans of twitter. We actually incorporated it right into our app, so we expected to get many downloads for our 40,000, at least 20 or 30,000 downloads. Ten deb okay. What we actually got we actually got more like, um, 600. Item deb 600 . Yeah. The re because twitter doesnt have a direct mechanism to make downloads happen. What youre paying for is, essentially, to get followers. So for spending 40,000 we got 6,000 followers. Of the 6,000 followers, about 10 converted to doing downloads, thats about 600 downloads. Dennis is it better for you . Absolutely. Facebook, we tried a bunch of different ones, google and facebook, and facebook we were able to get, spend about 1. 50 per download to contrast that with twitter, it ended up being about 75 per download, so theres a big gap. Dennis why was it better for facebook . Did they have an instant button letting you do the download or did it also have a link and they had to convert to a download . There were a couple of things, and one thing i should say is twitter is rectifying this, i think, last week. But facebook allows you to display an image in your ad, and twitter did not. At least did not auto expand. So, basically, you were having to leave for just text with your ad for twitter. With facebook with you had an image as well as the kind of targeting you can do with facebook is really precise. They talk a lot about the social graph and the ability to target to people we think would be most interested in our product. So there was a direct connection between, basically, looking at the image. If it was interesting to the user, clicking one button and downloading the app. So that kind of seamlessness between the experience of facebook wasnt available on twitter. Dennis okay. Do you think the actual setting and the fact that twitter is this constant blitzkrieg, this constant fire hose of bits whereas facebook youre kind of hanging out, does the environment have anything to do with it . I think it certainly does. I think for facebook, for example, you see images in a lot of the posts, thats a very normal thing to see. And with twitter, as you said, you have this blitz of text, and its very hard to create a brand around text. Dennis okay. And now lets talk about the ability of a tech company like twitter to serve the ad community. You know, yahoo had a huge 5 yens and the potential to convert that audience into great ad revenue was wonderful, but then it did a terrible job of serving the advertiser. How does twitter do at serving the advertiser versus facebook . Facebook has an entire Team Dedicated to making you successful. And i think with twitter theyre missing that today. This is easily rectified, but today you have the ad sales team, and you have the development team. There really needs to be a team in the middle that really focuses on making you successful. Dennis okay. And i think twitter as it grows will be able to, will add that to their organization. Dennis okay. Thank you for being with us, Greg Costello. A parting shot, even despite your concerns, would you buy the stock anyway on the ipo . Not yet, but im watching to see if today make these improvements. Dennis all right. Thanks a lot for being with us. Thank you. Cheryl well, it is a big night for politics that may have big ramifications for the 2016 elections and the Republican Party. Were going to break down all of it for you coming up later on the show. Dennis and its whats bugging me, blackberrys plummet from grace. What or who is behind this . Tweet me your thoughts. Meanwhile, as we head to break, lets look at energy. No two people have the same financial goals. Pnc works with you to understand yours and help plan for your retirement. Visit a branch or call now for your personal retirement review. Cheryl dow down 15 points right now, but lets take a look at a crucial sector right now, and this is a sector that is moving bigtime. We all like to talk about food, right . It is lunchtime, right . Noon eastern time, 9 a. M. In california, youre probably having coffee and like a croissant, Something Like that. Take a look at buffalo wild wings, this is a group that, as a sector, is beating the s p 500. S ps at 24 . These companies, its up 102 over the last year. You want to keep an eye on these guys. We talk about food inflation, prices, but take a look at the sector, its jamming for the year. Stocks every 15 minutes, lets head to the floor of the New York Stock Exchange, weve got Nicole Petallides standing by, what are you watching . Reporter im watching a story pertaining to bangladesh and some of the retailers we follow closely, the gap, walmart, nike. Gap and nike have up arrows, walmarts pulling back. Nike up more than half a percent today. The story is that a governmentappointed panel is now reviewing the min mumming wage minimum wage there and may increase it 80 . Now, the back story is back in 2010 all of these retailers actually spoke to the Prime Minister there and recommended that the minimum wage at that time back in 2010 be raised because of worker unrest. Then, and it was raised at that time. I think it was about 50 or 60 . Six months later now after they doubled it, as i was right, they actually doubled the minimum monthly wage, you have retailers again, the gap and h m, sending another letter all of this because there are worker grievances that are, to a certain extent, impacting the production for some of these companies. So its a story, and well continue to follow it. Back to you. Cheryl emerging markets, nicole, thank you. Dennis whats bugging me is the blackberry debacle. Rarely do we see such a blatant display of screw the shareholders, crony capitalism, unmitigated mismanagement and lying about it all in one place. Plenty of blame here. Youve got the ceo, blackberrys stock is down 60 since he took over in early 2012. He bet the company on the z10, an iphone wannabe, that discarded blackberrys defining feature, the keyboard. And aslerly was burning, he contracted to buy a Third Company jet and negotiated a fatter severance package for himself in case of a takeover. Now, months later blackberry got a takeover offer from fairfax financial whose ceo, prim watsa, was on the blackberry board when it approved that fatter takeover package which isnt so prim and proper at all. And then fairfax scuttles its takeover offer yesterday, sending blackberry shares tumbling down another 16 . So now the ceo is fired, belatedly, and could leave with 20 million, and prim watsa becomes lead director, gains de facto control of blackberry, puts up only 250 million as part of a billion dollar loan. The loan can be converted to a 16 stake in the company, and the rest of the blackberry shareholders, they are screwed. So tweet me denniskneale. Its a simple question, what caused blackberrys fall . Thats whats bugging me. Cheryl . Cheryl i keep wondering what to do with this. All right, from Washington State to cincinnati and beyond, sweeping referendums on ballots across the country today that could have major effects on you in the near future. Fox news political analyst Juan Williams, Washington Examiner senior columnist tim carney are going to be here to break it down. As we go to break, take a look at the worlds currencies, youve got that negative read on the european economy in this morning. Muck. 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See, the special psyllium fir in metamucil actually gel to trap some carbs to help maintain healthy blood sugar lels. Metamucil. 3 amazing benefits in 1 super fiber. Welcome back to fox business. At 23 minutes past the hour, im lauren green with your fox news minute. Authorities dont believe a gunman who killed himself after causing a lockdown at the states largest Shopping Mall wants to hear anyone. He reportedly went into the Garden State Plaza mall last night and fired shots. His body was found on the lower level of the mall. A Union Representing federal security agents is calling for a new class of armed tsa officers. The request follows last fridays shooting death of a tsa officer at Los Angeles International airport. The first fatality in the agencys history. Tsa administrator john pistole has said the agency will review its protocols after the attack. And to olympic flame is heading into outer space for the first time. The torch for the 2014 winter games will be sent to the International Space station aboard a russian spacecraft this week where astronauts will take it out for a space walk. And thats your fox news minute, back to you. Dennis time to make a little money with charles payne, he is now looking at the three faces of a bull market based on dow theory. The dow theory. You know, guys, i thought about b the dow theory a lot because yesterday transports closed at an alltime high, and the editor of the wall street journal for years wrote a bunch of editorials that they later on made into the dow theory. And a part of that component says that a rally is justified or at least, you know, has a lot of credibility when transportation is doing well. And, you know, so the reason im bringing this whole thing up is youre hearing a lot of talk about bubbles, a lot of talk about crashes, i thought maybe we should have a discussion about this because, you know, i happen to think that this market has a lot more room to the upside. One of the things that bothers me a lot is when people tell me theyre waiting for the pullback or the crash, and, of course, we know people who have been waiting five years, and it hasnt come up yet. Surface the dow theorys concerned, a bull market has three phases, accumulation, then what they call the big move and then excess. And i guess the argument is weve got to be somewhere between the big move and the excesses, if you will. Recently, we had news that there was a big inflow of money into mutual funds, but for the most part this has been the most hated, quietest rally in the history of mankind, and the sort of euphoria that normally would accompany a crash, in my mind, still isnt there. Cheryl but, charles, im sorry, we were looking at the s p 500 at the top of the show, and if you look at the s p, all ten sectors are up double digits this year. That hasnt happened in 20 years. People get scared. They do, but i can tell you something, after 2001 i saw amazing earnings that were never built into the stock market. It took seven years for the dow to get back to the high, nasdaq were still not back to the high. Because something is up double digits doesnt mean its overvalued, you know . You can go to riggsal valuations like traditional valuations like pe ratios, things like that, theyre nowhere near bubble or clash or euphoria territory. I havent had a cab driver stop at a red light and put in a few trades either. Lets get on the bear side where you may have an argument that the feds going to go away at some point cheryl the stimulus, you mean. The tapering. Listen, this morning we were down 100 points and now were up. I think todays session so far is a microcosm of why investors better be careful about either not participating or selling too soon. Down 100, up dennis a good, upbeat note. I like it. Thank you, charles payne. Cheryl im being selective. Well discuss later. Well, as americans head to the polls, we break down some of the tightest races and what those results are going to mean. Dennis and zombies on the gridiron. How the walking dead is challenging sunday night football. Meanwhile, take a look at some of todays s p winners and losers. When we made our commitment to the gulf, bp had two big goals help the gulf recover and learn from what happened so we could be a better, safer energy company. I can tell you safety is at the heart of everything we do. Weve added cuttingedge technology, like a new deepwater well cap and a stateoftheart monitoring cente whe experts watch over all drilling activity twentyfourseven. And were sharing what weve learned, so we can all produce energy more safely. Our commitment has never been stronger. Pcentury link provides reliable yit Services Like multilayered Security Solution to keep your Information Safe secure. Century link. Your link with whats next. So ally bank has a that wothats correct. A rate. Cause im really nervous about getting trapped. Whys that . Uh, mark . Go get help i have my reasons. Look, you dont have to feel trapped with our raise your rate cd. If our rate on this cd goesp, yours can too. D oh that sounds nice. Dont feel trapped with the ally raise your rate cd. Ally bank. Your money needs an ally. train horn vo wherever our trains go, the economy comes to life. Norfolk soutrn. One line, infinite possibilities. Dennis stocks now and every 15 minutes, lets go to the floor of the New York Stock Exchange and Nicole Petallides. The dow just inching into positive reporter absolutely. I got so excited about the dow in the green for all those folks who are bulls. Pretty interesting to watch the dow, dennis and cheryl, weve seen it down 117 points earlier today and back in positive territory, and the s p 500 found support at the level of 1755, 56 which the traders have been watching closely. Orbitz worldwide, down 18. 25 right now, lower profits, higher costs. They also hit their revenue forecast for the year of 2013. Its a great winner this year, up 102 this year but today down nearly 20 for orbitz worldwide, and they own cheap tickets. Back to you. Dennis thank you, nicole. Cheryl it is election day and some big races are taking place around the country including the fight for governor in virginia. State attorney general Ken Cucinelli is facing off against democrat terry mcauliffe. And in new jersey governor Chris Christie fighting for a second term. He is facing off against democrat barbara bueno, and a record 35 million has been spent, based on outside sources. For more lets bring in Juan Williams and Washington Examiner senior Political Columnist tim carney. Gentlemen, thank you for being here. Juan, i want to start with you first. The issue in new jersey, you know, it was a democratic super pac that pushed to overturn state limits on spending from outside groups. Christies ahead by 20, by some polls 30 points. Why spend that money . Whats going on in new jersey . The state legislature, cheryl, look, the democrats and in particular here the unions are concerned that with a big victory and it looks like by all indications its going to be a tidal wave for Chris Christie that they might lose power, that if he has coat tails and that, by the way, is the operative issue in virginia, if he has coat tails for republicans, it could mean victory in the legislature, drive up the republican presence, give christie more leverage as he tries to change the agenda. Cheryl tim, its no secret hes had a lot of problems with the Teachers Unions, at the same time we all know that hes got his sights on 2016. Does this strategy hurt him, tim . No, i dont think hell be hurt by getting attacked by Teachers Unions. It certainly will help him in the republican primary gape some credibility gain some credibility with the conservative base, and i think even being in a general election being the enemy of Public Sector unions probably wouldnt hurt him either. I see him as being strengthened for the reason he can say, look, my enemies for the Teachers Unions, that helps him win over the conservative base. Cheryl also something else, juan, if you look on the democratic side and this is going into the issue of virginia versus new jersey, this is two different races. What were seeing in virginia is a Tea Party Candidate who, frankly, is in trouble. And then youve got somebody like mcauliffe who, you know, at this point, i mean, its his to lose. Having said that, juan, the Democratic Governors Association spent five grand in new jersey, guess how much they spent in virginia . They spent eight million on this election. Is this strategy going to pay off for the dems . Is. Yeah, because its a winnable race. They should win it at this point given the troubles that the incumbent republican, bob mcdonnell, has had. Some of that has transferred to cucinelli. So what you see here is tremendous spending. Let me tell you, cheryl, just think for a second 10 to 1 is what mcauliffe has spent on tv versus cucinelli in the last few weeks. That gives you an idea of how much money and the big bet democrats are placing on mcauliffe today. Cheryl all right. At the same time, when you look at and i always like to see what the advertising spending from the states if you look at how its spent in virginia, its staggering. In support of cucinelli, negative ads have been running about 10 million. Thats all spending for him, but for mcauliffe, 15 million has been spent. Right. Cheryl now, we go through and we move into next year, is this going to haunt voters in virginia . I dont think so. Cheryl go ahead, tim. I think there could be, as juan suggested earlier, real down tick implications of cucinelli being so dwarfed, of mcauliffe so successfully painting him with a wad brush. First of all, that swings the state senate over to democratic hands because the Lieutenant Governor breaks the tie vote, and that allows mcauliffe to help build up the Democratic Network for congressional, senate and president ial races in the next two election cycles. Mcauliffe is really bringing in the Business Community in Northern Virginia to the democratic side while cucinelli is saying hes run against crony capitalism so much, hes turned off a lot of the contractors in Northern Virginia. Cheryl that is whats so interesting when you compare virginia and new jersey, juan, this is a referendum for the gop overall. This is going to show the country where the Republican Party goes in the next two years which the party be, frankly, has been stunted by mitt romneys loss to obama. Yeah. Well, you know, i think Chris Christie is a bright, shining star in the republican ranks. But remember, i think that. I dont know what tim thinks. Id be interested to hear, cheryl. I think a lot of Tea Party People just dont like Chris Christie. Hes going to be able to say, but look, i am able to win, and im able to, you know, build bridges to people who otherwise might not even vote republican. Is that attractive to the tea party base . Ultimately, republicans always nominate the guy who they think is most electable. All this talk about control by the tea party, that might work in senate and house races, but every single election of my life and going back to goldwater with, basically, since then every election republicans nominate the establishment guy who is deemed as the most electable. And if christie can establish himself as that, he could end up being the nominee very easily. Cheryl well, its going to be playing out very shortly, and tonights going to be a big night. Juan, tim, guys, thank you very much. Appreciate you being here. Be sure to tune in to the Fox Business Network beginning at 8 p. M. Eastern time, neil cavuto has special coverage of all the nationwide election results, the referendums as well. Hell be joined by yours truly. I will see you tonight. Dennis in your wednesday media minute, netflix just bought exclusive rights to its first original movie, the square, a documentary on the egyptian uprising that began in tahrir square, and now its making nice to the theater owners it insulted only a weak ago. Rankled theater owners in a speech saying they stifle innovation and should let films premiere on netflix the same day they open in theaters. Now he says thats not what he meant. Sure it aint. And zombies beat the colts and the texans. Walking dead on the amc network beat out sunday night football in luring the ad target of adults under age 50. Walking dead drawing 13. 3 Million Viewers including almost 9 million adult cans 1849, and that is more than the audience lured by sunday night football. And you know how print magazines struggling to survive . Well, now a thriving online site is going into print. Allrecipes. Com owned by meredith corp. Is starting a new print version, six issues a year, half a million subscribers. Cheryl well, Johnson Johnson hit with a massive fine in one of the largest fraud settlements in u. S. History. What it means for the rest of the industry, thats next. Dennis plus one sticky scandal in hawaii, why people are crying foul over a molasses bill and take a look, meanwhile, at the tenyear treasury. We went out and asked people a simple question how old is the oldest person youve known . We gave people a sticker and had them show us. We learned a lot of us have known someone whos lived well into their 90s. And thats a great thing. But even though were living longer, one thing that hasnt changed much is the official retirement age. The question is how do you make sure you have the money you need to enjoy all of these years. Im tracy byrnes with your fox business brief. U. S. Home prices are rising but at a slower pace. Core logic says home prices increased just twotenths of a percent from august effectively down from ninetenths of a percent in august from july. Dodges ad Campaign Featuring anchorman is working. According to ad aid, sales of the durango pickup have soared 59 in october since ron burgundy can began airing, and Services Sector grew at a fasterthanexpected rate in october. It rose to 55. 4, up a full point from september. Economists were expecting a decline to 54. Thats the latest from the Fox Business Network, giving you the power to prosper. Dennis in this one of the Largest Health care fraud settlements in u. S. History, j j, Johnson Johnson, and its subsidiaries will pay over 2 billion to settle claims that they promoted drugs for uses not approved by the fda as well as sending kickbacks to physicians. And joining us now is one of the lead lawyers in that case, david stone, trial manager and managing partner at stone and magnini. Thanks for being with us. You know, in this whole area of offlabel drug usage, theres a gap between what the fda approves and what doctors can do. They can prescribe any drug for anything. How e egregious was the behavior here regarding these drugs for schizophrenia they ended up using for elderly dementia patients . Its extremely egregious, and the reason for that is the fda has reasons why its very strict about uses for a drug. And it requires trials, it requires a number of trials, in this case those trials were not held. Instead, johnson went out, paid physicians, and theres, you know, substantial evidence of this, they went out and paid physicians to prescribe these drugs for offlabel uses to the most vulnerable patients out there, the elderly, dementia, children. Deb right. Do we think the doctors were knowingly prescribing drugs they knew wouldnt work or do we think that the doctors felt like, you know what . I actually think this schizophrenia drug could help my elderly dementia patient in. I think some doctors honestly believed they were helping their patients, and many doctors did it because they were incentivized to do it. Dennis because of the profit motive. Correct. Dennis this 2. 2 billion comes in correct. Dennis what portion will go to the actual alleged victims of these offlabel prescriptions versus what portion goes to the lawyers like you who sued j j . The vast majority of it will go to the government. What the government does with it is a mystery dennis wait a minute, why is it going to the government instead of the victims . Because in this case, this is a case based on fraud on medicare and fraud on state governments which paid for this drug. Dennis wait a minute. So our entire problem the government has with this case is that were not approved, their problem is that this was a ripoff to the medicaid and medicare system, that we paid for drugs with government money that we shouldnt have paid for because theyre not worried about the victims . I thought this was supposed to be this terrible thing that hurt victims. Well, i dont think thats fair. I think the government is concerned about the victims. The government has imposed very stringent corporate integrity agreements on johnson which require them to report monthly, essentially, to the government that theyve put in all kinds of compliance requirements, all kinds of transparency requirements to protect patients and to insure or that doctors are given the true state of what the research is and not some biased version of the research. Dennis right. You know, the problem here, david, is if i have a mom, lets say sorry about this, mom who has dementia, mom doesnt, and shes in such horrible shape you get so desperate. Youre dying for a drug that could help her, and you know what . You dont care if this drug passed the right fda process or not, what you care is, hey, its helping my mom. How do you do something to fix that gap between what the fda approves and what doctors end up thinking works . I agree with you, theres a gap, okay . The fda has a regulation which prevents the Drug Companies from marketing for offlabel use, but it doesnt prevent the doctor from in his own, you know, in his own decision to prescribe a drug for an offlabel use. And thats a big disconnect. Dennis it is. But i think the problem is theres such an incentive for these pharmaceutical companies to mislead doctors about research and about the uses of the drug because they expand their market shares dennis right. Without having to spend the money testing it and proving it. A huge amount of money for this, billions of dollars. So its a huge incentive. And the problem is doctors try, they try to read all the research, they try to educate themselves about it, but when theyre being bombarded by this one company thats hiring doctors to write, you know, articles about the use of the drug, its hard. Dennis with the profit incentive to boot, yeah. Okay. So the point is to disincentivize that disconnect and allow daughters to make informed doctors to make informed choices. Dennis 30 . Typically 15 , and i would point out that in most cases the vast majority of the recoveries by the government have involved whistleblowers. Dennis yeah. And its important that whistleblowers be recognized for the risks that they take. Dennis well bring him back on, i think whistleblowers ought to do it for the good of the country and not for millions upon millions of dollars in stool pigeon bribes. Thanks for being with us, david stone. Cheryl well, oil is falling below 94 a barrel for the First Time Since june. To the trading pits of the cme and phil flynn. Still falling, huh . Yes. We are rocking right now. In fact, we may take out 93. We just made new lows while we were waiting here, 93. 22, the new low. And a lot has to do with the incredible amount of supply that we have right now. Oklahoma, add to that, of course, the nonmanufacturing data which has taken away or, you know, increasing the odds of tapering. The oil bulls dont have a lot to hang their hat on right now. Maybe a few weeks from now they will. We just heard a report from transcanada, this pipeline theyre building to get oil out of oklahoma down to port arthur, texas, could be completed in the next couple weeks. That could take some of the supply thats been building up in oklahoma, get it down to the refiners. But thats not going to help the market today. The other big market today is cocoa. Cocoa is rocking today, absolutely exploding today. Could be because we had an explosion at a Chocolate Factory here in chicago. Theyre a major, one of the biggest in north america when it comes to cocoa use and, of course, that fire gave us a boost. But we also had some strong concerns about supplies in ghana and in indonesia. Big down on the supply, big up on price. Back to you. Cheryl im trying to think of what a cocoa fire would smell like. Oh, boy. [laughter] oh, id love the smell of chocolate in the morning. You walk by the factory, you smell it all the time. Cheryl time for your west coast minute. Washington state voters will head to the polls to decide if foods should be labeled with geneticallymodified information. They would be the first state to enact laws like this. Keep an eye on kraft and procter gamble. These are companies that are certainly going to be affected by this ruling, and the stocks are mixed. San bernandino county voters may clean house literally today, the bankrupt city has ten candidates for mayor and several City Council Officials facing recalls since the bankruptcy filing tied to pension obligations. Crime is up, businesses are leaving. Twoterm mayor patrick morris, he stepped down. And the locals are calling it no molasses gate. Newlydiscovered documents reveal the Hawaii Department of transportation knew a year ago about a leak coming from a pipeline, a molasses pipeline that was in honolulu harbor. Officials told the company about it, but the leak was never fixed, the d. O. T. Never followed up. That comets, im sure, and thats your west coast minute. Dennis its a sluggish situation. Cheryl its an environmental disaster too. Dennis the blackberry saga continues, and whos to blame for the downfall . Your responses to whats bugging me next. Cheryl as we go to break, though, a look at some of the big winning names on the nasdaq. Sba, catamaran, i like that one. Be right back. Dennis what caused blackberrys fall fm grace . Its whats bugging me, and heres what some of you had to say. Mike kelly says the call was, quote very poor management. I do not own a cell phone. They are privacy thieves. And call me denise tweets i said this back in to 07 when the iphone was announced, then they released the next blackberry that year, and i was convinced. And amend it to defend says no more crackberry, and finally v3 ceo says tears what a great legacy and time, and now google owns us. Cheryl Everybody Knows paypal cofounder peter keel put the first money into facebook, but who put the first money into paypal . Meet john many low, hes coming up in the next hour, and were going to get his take ahead of twitters big ipo. Dennis and when rainbow sprinkles just wont cut it, next hour glow in the dark ice cream made from chemicallyproduced jelly fish. [ male announcer ] what if a Small Company became big business overnight . Like, really big. Then expanded . Or their new product tanked . Or not . What if they embrace new technology instead . Imagine a companys future with the future of trading. Company profile. A Research Tool on thinkorswim. From td ameritrade. Ashley i am adam shapiro. Lori i am lori rothman. An evaluation make it more expensive than facebook but with the fifth of these but users so far and no profit, is it doomed to repeat the same mistake . John molloy has an eye for investment, he spotted paypal before you heard of the company. Here is more on his stick with twitter. Adam extreme emergency. That is what governor pat quinn calls is thes 110 billion debt burden. We will hear from illinoiss largest pension fund, its Teachers Union has lawmakers meet today to grapple with the gigantic debt. Lori the future of the Republican Party comes down to two governors races that will be decided tonight, when in new jersey and the other in virginia. Adam chocolate, vanilla or jellyfish . The new icecream power that will have you reaching as far into your wallet, 25 a scooped. It is like chocolate cake. We will bring you the glove in the dark icecream, you will meet the inventors this hour. Lori a busy show ahead. Lets get you updated on the market with a trip to the floor of the Stock Exchange and Nicole Petallides. The dow briefly erasing a loss of 100 points. Nicole i would buy that for my kids sooner or later. The markets have really come of of the lows. The s p 500 hits support levels, 1755, managed to bounce off of tha

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