No question about it. Netflix. Adding a Record Number of subscribers. You do not use stocks like this move very often. A lot more on this throughout the show. And then there is etsy. Look at it though. The thing has doubled. Opened at 16. Now it is 34. What a stock. Look at General Motors. Bankruptcy rules are tech the country from ignition switch planes. The stock is still up 36. The price of oil well a big change. Because of this relatively high price, gas is starting to move up again. Up a penny overnight. 2. 40. To the big board. Where is the stock market this thursday morning rush of mark another day of very little Price Movement. We are down just 21. 18,100. President obama has used that asian credit card to run up debt and fund his tax and spend policies. Now japan and china on a huge chunk of our debt. A far cry from what candidate obama said about george bush back in 2008. Roll that tape. The problem is, the way bush has done it over the last eight years is to take out a credi
Nosedive to lower altitude. Wait until you hear what the passengers had to say about the plane that landed safely. Varney company is about to begin. What families are strong americans are strong. I did not have sexual relations with that woman. What difference at this point does it make . Tom more from hillary in a minute. Check the big board. 3m strong dollar is cutting into sales. Company cut its profit forecast for the year. Caterpillar is winner after the opinion reported higher profits and sales that raised it outlook. Gas up overnight up to 2. 49. Price of regular is up for the past nine days. Breaking news this morning. We have two hostages, one american, one italian killed in a u. S. Drone strike against al qaeda targets in pakistan in january. Warren weinstein, an American Contractor working in pakistan was kidnapped by al qaeda back in 2011. The italian hostage aid worker, giovanni lo porto had been held hostage since 2012. President obama made the announcement last hour. As
Meek mike iscrosoft is suffering as well. You could argue that the dow would be doing better if it werent for that development. At the same time you have a company like disney contributing about 33 points of the gains that were seeing today. Dow is up 1. 4 which is outperforming the s p and nasdaq. Theres disney up almost 4 . If nothing else frozen 2 and star wars 8, is it . Ive lost count. But, yes, a real tugofwar of sectors that well be talking about over the next couple of hours. Another stock not joining the rally is box. Its getting hammered since its earnings report. The Ceo Aaron Levie is joining us. He says the analysts got their expectations wrong and thats why it looks worse. People are saying if we got it straight now, why is the stock still down as sharply as it is. Well talk about that with mr. Levie coming up. Were at the highs of the day right now with the industrial average up to 140 points. A game of 1. 3, almost 1. 4 . Thats the outperformer. Weve taken out a few res
Bernanke putting a damper on the markets this afternoon after he said the central bank does not have the tools to offset the full harm of going off the fiscal cliff. Yet, rob morgan is not concerned. He says he thinks the fiscal cliff has been overblown. Are they overblown . Lets bring him in. Rob joins me now along with brian ferhrry and rick santelli. Rob, youre not worried about the fiscal cliff. Im worried, maria. Just like chairman bernanke is. Congress and the administration have to get together, but, you know, the president s been very clear that he doesnt want necessarily higher tax rates. He wants more tax revenue. Speaker boehner said, well, geez, we can get higher tax revenue just by closing a few loopholes, restructuring mildly the tax code. So i think the fix is in. Its just why hasnt it happened. They wanted to wait until after the election, see if both sides wanted to see if their hands were strengthened. Obviously, the president has the strong hand. They sort of like ta
Wisconsin pays 1,000 in dues. That was taken out by the city and school board and given to the union you never saw. Now it sits in your pocket until the union guys come and say, can we have our thousand dollars and youre allowed to say no. Oddly enough, several do. And he got a concealed carry in a pass that was one of two with no concealed carry for firearms. And every rich republican has made a contribution to him when the unions tried to recall him. Only governor whos ever been recalled who successfully defeated the recall and got himself reelected. Everyone else went down in american history. Pretty cool. Then go to rick perry. Faltered last time because you shouldnt take large quantities of Pain Medicine during debates. I have not had any in hours. But that said, he spoke at cpac, conservative Political Action conference and establishment press was saying wow, hes incredibly articulate. Yeah, when hes not taking Pain Medicine. Very successful governor for like 14 years. So theres