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
Greece. Our road map begins with retailers hoping that online holiday sales click on this sibler monday. Will they make up for the thanksgiving weekend seeing shoppers spend less than a year ago. Lots of business around amazons Package Delivery via drones. Another month in the books. Well explore whether the trend is likely to continue in december. A number of wall street firms initiate cover of twitter. Well have details on the caller later in the program. First up, welcome to cyber monday, the day that online sales surge following the thanksgiving weekend. Retailers hope that makes up for the Holiday Weekend. The National Retail federation says total spending fell 2. 9 compared to a year ago, the first decline, guys, in seven years. How concerning is it . Well, look. I think that this omnichannel has taken off. I dont classic example. I dont know a lot of people went to the mall. You can say its A Groucho Marx thing. Everyone is there so they dont want to go. I went to amazon. I orde
Also get a pros take. Bob olstein will join us live and exclusively in a couple of minutes. A list of predictions for 2014, and naming stocks that are his best value plays. Also, get this. Jpmorgan has been fined 2 billion for not figuring out that Bernie Madoff was a fraud. 2 billion. Wasnt that the governments job . Why is a private bank facing consequences for allegedly turning a blind eye and not government officials who were asleep at the wheel, obviously, at that time, during the decades of deception . Closing bell is getting into that a little bit later in the program today. Stick around. In the markets, take a look at whats happening. Diversion across major indexes. Dow is negative. Less so than session lows about noontime. Nasdaq is positive helped by twitter, tesla. S p 500 up about seven points sorry. That was the nasdaq. That would be up a bit. Im sorry. Now down about one point. Twitter. While i was gone, it went to 55 a share. This is true. That is unbelievable. Lets talk
He is allowed to speak his mind which he did. Stuart for 25 minutes he had the president s attention. Charles my prediction tonight, the speech tonight will be a reenactment, modern update of the four freedom speech from fdr is what i am predicting. Stuart are you on the show tomorrow . Charles i dont know yet. In the one that is it. Dagen mcdowell and connell mcshane. Dagen you heard that live. [talking over each other] dagen Charles Stuart that was good. We call you 6, this prediction. Connell i am connell mcshane. Dagen i am dagen mcdowell. What do investors want to hear tonight from president obama in his state of the Union Address . Connell cellphones and of using your tax dollars. Hooking people up who did not qualify for this government program. Dagen did they bother to check . Talking about the cell carriers and skip the charge cards, use twitter, the new deal that will let you tweak your payments. Connell that sounds a little dangerous. We have neil cavuto talking about the st
The expectation of warmer weather across much of the u. S. Means less usage of natural gas, particularly in the Northern Midwest and we were going to get snow tomorrow under an inch. David and we are seeing weakness the Department Store stocks. Macys and nordstroms underperforming in that particular sector. Liz how about some jewelry for the holidays. A rough year, but today it is making a huge push to get consumers to buy diamonds and fine jewelry. President and ceo Harvey Cantor here live to tell us what those deals are including a huge giveaway theyre doing and how we are doing and what kind of a halo effect theyre having on the giveaway. David and economic advisors warning middleclass tax rates to rise and failing to catch could cause consumers to spend 200 million less than they normally would next year. Coming up chairman of the president s council of economic advisors joining us to talk about the fiscal cliff and whether we will go over it. Liz do not miss it. But first what dro