Investors love it. Second, profits. That is the baseline for stock prices. Latest reports from Big Companies show strong gains. Investors love it. Ibm stock going up a whopping 6 this morning. Thats huge. Third, the president is throwing everything in the tax cut fight. He kept up the with the speech in front of heritage foundation. The barnstorming continues. Trump growth agenda is rolling. You remember the leftists that forecast a crash when he was elected. How wrong can you be . The dow hit 67th record high since donald trump election. Capital gain is great. Watch this market grow. Varney company is about to begin. Lets give our country the best Christmas Present of all, massive tax relief. And speaking of christmas, yes . You want to hear it . [cheering] speaking, im talking about Christmas Present. I will give you a bigger Christmas Present. You will be saying Merry Christmas again. You will say Merry Christmas. Stuart a little humor from the president with serious intent perhaps. You can say Merry Christmas again. He called the massive tax cut a best Christmas Present of all. Gop looks like theyre getting together on tax reform. President trump tweeting, the democrats will only vote for tax increases. Hopefully all Senate Republicans will vote for the largest tax cuts in u. S. History. Senator mccain says he will vote yes on the budget. That helps clear the path for tax cuts. Treasury secretary Steve MnuchinSteve Mnuchin says, we will get it done. Roll tape. We will get tax reform done this year it will be extraordinary. That is our objective. Our objective to get it on the president s desk by december to get him to sign it this year. Stuart well, well, look who is here. One and only herman cain. Always a pleasure. Stuart i know that the gop should, ought to, must, cut taxes. Yes. Stuart but can you tell me seriously yes, the gop will cut taxes . I am cautiously optimistic for the following reasons. 10 senators that are democrats are up for reelection. They have got to be able to tell their constituency that they supported letting them keeping more of their money. That is the main thing. Stuart that is the main thing. Yes. Stuart you think that 10 democrats would vote for the current coined of tax cut plan that we see . No. They only need to pick off three or four. They dont need all 10. But im saying, the president and republicans have 10 opportunities to pick up some democrat votes that is the main reason im cautiously optimistic. The second reason im only cautiously optimistic is because of the way the swamp works. The president put a bold plan on the table and what the swamp does it tries to whittle it down over time, such that they give the American People some crumbs and claim victory. So i dont know how theyre going to be able to whittle it down because everyone of the 53 a are trying to repay some old promises. Cautiously optimistic. Stuart im surprised to hear the word cautious into your lexicon this morning. Yes. Stuart i thought you would youd gungho, yes the gop got the message. They are going to do it. If it were you to me i would say yes, hiphiphooray, but it is up to 535 people whether it gets to the finish line and gets to the president. Stuart last one on this subject, can the republicans can they get 50 votes in the senate yes on tax cuts. That is all it takes. 50 votes in the senate. I believe they can. The question how much will they have to give away in order to get there, that is a fair point. Would you stay with us please. I would be happy to. Stuart at least for 20 minutes. I will be here. Let ates get to the meat of todays broadcast. Where is it going. The dow broke 23,000 for the First Time Ever just yesterday. Were going up close to 100 points today. Check ford, recalling 1. 3 million vehicles in north america. They need to add a water shield to one of the side doors. F150s ashley suber doobie. Stuart no, i didnt say that. Liz when you got here did you want me jumpn on this stuart no, i dont. Ford at 12. 28, thank you. Ibm will add more than 60 points to the dow right from opening bell. Profit and sales declines, but look at that stock go up 6 . Why is the stock up like this . Liz could add 68 points to the dow. Third quarter ref beat what wall street expected. Fourth quarter theyre saying ibm could come in first time a gain in five 1 2 years of revenue. Stuart thats it. Liz ibm is powering the dow ahead. Ibm could be responsible for the dow finishing above 23,000 at the finish, at the close. Why . It is selling more hardware. The b in ibm was thought to be boring. Hardware means software sales, cloud services. This is ibm Fourth Quarter forecast coming in right now. Stuart well concentrate on old tech. I put ibm under old tech rubric. Maybe theyre launching a comeback. Maybe oracle too. Well look at that. Well pull a old chestnut out of the fire. Hillary clinton still has an email problem. The latest is her assistant. Huma abedin. Her husband, anthony weiner, had 2300 emails on his computer that came from huma abedin, her assistant. Round and round it goes. Who better to judge, andrew napolitano. Give me the significance please. The significance, fbi acknowledgement, huma abedin, mrs. Anthony weiner, when she had top security clearance as number two assistant to Hillary Clinton when hillary was secretary of state, regularly sent copies of sensitive material to her own laptop to look at it at not night, either knowing or forgetting her husband had access to it as well. We know of her husbands fate or jail sentence, has nothing to do with this. It has to do with inappropriate, criminal personal behavior. This shows again the culture in the Hillary Clinton state department of a cavalier attitude about the handling of government secrets. It also shows the fbi awareness of it. It also shows the president s frustration with it, when in a tweet this morning he said, there she goes again, crooked hillary, jim comey let her off the hook again, something i profoundly agree with him on. But, he should pick up the phone and call general kelly and say, i want you to call Jeff Sessions and rod rose ten steen. Rosenstein is number two person in the justice department. Tell them to reopen the case, go where the evidence takes them. Im not say she would be indicted. Go where the evidence takes them. The evidence will take them to an indictment. Stuart breaking law for putting classified email on a computer for huma . They are not bound by the illadvised, politicallymotivated decision that james comey made in the summer of, in july of 2016, not to seek her indictment. Stuart i thought it had all gone away . So did i. We all thought it had gone away. Here is how it came out, in a freedom of information act request by our friends at judicial watch, and the fbi coughed it up. Freedom watch is saying we never saw these emails before. They were not part of the original trove of emails that were released. These are more Hillary Clinton emails that we never saw that she swore under oath three times she had surrendered to the government when apparently she hadnt. Stuart i cant resist bringing herman into this. He is sitting there patiently waiting to go. Dragnet. Stuart i do. Were only people around this building who remember. Ashley just the facts. Stuart hillary wont go away, will she. No. Will not go away but what this shows as judge napolitano laid out perfectly clear, the coverup by the Obama Administration was very clever until they got thrown under the bus recently with those additional emails. Secondly, that certainly is not going to go away. You have a new administration, that wants to expose the corruption and coverup. Now the other part of hillary going away, youre right, she wont go away because she is looking for relevance, and shes not achieving it the way she thinks she is. With all of the things she is saying, all attacks, all the narrative, et cetera. So i happen to believe, that when and if the president picks up that phone, the case will be reopened like the judge says. It is about time. Stuart okay. Well you got it out there, herman. Glad you did. Still have 15 minutes left. The more she talks, more the president loves it. Shoe he is right. She is falling right into his narrative. Ashley gop is loving it. Democratic elites are cringing. Stuart youre coming back to look at james comey and draft letter. When did he decide not to prosecute . Very much indeed. 11 00. . Big legal win for Johnson Johnson. They will not have to pay 70 million to a woman whose family claims she got cancer from their baby powder. New developments in the Harvey Weinstein case. His brother bob is being accused of sexual harrassment from a producer at a spike tv show. The spokesman for the Syrian Democrat forces says, after a fourmonth long assault, the fighting is officially over. Big win, big victory. More details coming up. The liberal medias contempt for the republicans knows no bounds. A cnn reporter mocking President Trump for helping senator Mitch Mcconnell climb a set of stairs at white house. Senator mcconnell is a polio survivor. Brent bozell next on that one. Right as i was stepping into the tee box mentioned a tip a pro gave her. No. Yep. Did it help . It completely ruined my game. Well, the truth is, that advice was never meant for you. I like you. You want to show me your swing . Its too soon. Get advice thats right for you. Investment Management Services from td ameritrade. My business was going nowhere. So i built this kickin new website with godaddy. Building a website in under an hour is easy 68 of people. Who have built their website using gocentral, did it in. Under an hour, and you can too. Type in your business or idea. Pick your favourite design. Personalize it with beautiful images. And. Youre done and now business is booming. Harriet, its a double stitch not a cross stitch build a better website in under an hour. Free to try. No credit card required. Gocentral from godaddy. Stuart if youre just tuning in i have some good news for you. Looks like green arrows all across the board this morning for the stock market. The dow will open above 23,000. Look at this, Grocery Store chain, supervalu, lost some money. Sales pretty flat. Nonetheless stock will be up 5 . Go figure. I dont have a reason for you. Switching gears, New York Times columnist paul krugman, here is what he wrote the day after the election. Here it is. It really looks like, let me start again. It really does now look like president donald j. Trump and markets are plunging. If the question is when markets will recover, a firstpass answer is never. Lets check that. Take a look how the markets have performed since the election. Dow up 25 . S p up 19 . Nasdaq 27 higher. Hardly a plunge. Come in brent bozell, im being sarcastic. I will lay off that, brent. Youre the guy that runs Media Research center. Krugman never acknowledges that he is wrong, does he . No. And neither do the media. It happens so many times, with climatologists another crowd it happens with. When theyre wrong on predictions, theyre never held to account. If it was conservative you Better Believe they would be. But krugman is not just a bad economist, a lousy economist. He is also a hardened leftwinger which is why he is a media darling. Lets not forget, this is the man who accused the tea party of being responsible for the shooting of congresswoman gabby giffords. This is the man, says there was no shame in reaction of 9 11 and denounced Bernard Kerik and Rudy Giuliani and president for their response to 9 11. This is a man who has said that Donald Trumps election is illegitimate. He is a leftwing radical. The media loves him for that reason. He is an economist who is constantly wrong. Hey, welcome to todays media. Stuart what was that number you gave us last time you were on the show . Was it 92 Network Coverage of donald trump is negative . Was it 92 or 95 , but it was way up there, i know . Stuart, it is not changing. Every month we look at this. Last month it was at 91 . It has been 90 average this year. In the campaign it was 91 the only time donald trump got good press, relatively was in his first month during the honeymoon period it was only 89 negative. They hate this man. This man could singlehandedly the cure for cancer and they would attack him for not finding the cure for Heart Disease. Stuart thats good. That is sarcasm. I like it. I just love it. Another one for you, brent, a cnn reporter mocks the president for helping Senate Majority liter mcconnell helping up the stairs. That handlock between trump and mcconnell though. Is it to dismiss it. Mcconnell by the way is a polio survivor. Your reaction please, brent. There is New York Times told its reporters to not to use twitter and social media. Social media gives you the platform to give your personal beliefs that an editor cant catch. That was her smarmy, sarcastic, dismissive belief of Mitch Mcconnell. This is the political reporter. You would think she would have Something Better to cover. Here is the telling thing. She kept that tweet on there for 24 hours. She was denounced left and right by other liberals, the daily beast. They were pointing out this is outrageous. She kept it on for 24 hours. Again where is the apology. Stuart good question, bret. I dont have an answer and dont expect an answer either. Brent bozell keeping track of the medias contempt for our president and a great job youre doing. Thanks, stuart. Stuart new numbers on the nfl from gallup, the polling people. 57 of people say they are now, now,nfl fans. That is down 10 points from five years ago. Herman cain with that in just a moment. Stuart how about this for the nfl . A new gallup finds 57 of adults identify as professional football fans. That is down 10 points from five years ago. This comes after news the nfl will not force players to stand for the anthem, prompting this tweet from President Trump. Here it is. The nfl has decided that it will not force players to stand for the playing of our national anthem. Total disrespect for our country. Herman cain, my point, dont miss politics with sport. And if you do, you and the sport both lose. Absolutely. Here is what is messed up about this whole narrative. It started with Colin Kaepernick making a state that was a lie when he said he was kneeling because of injustice in america. There is no rampant injustice in america. A lot of people took that lie, got on the bandwagon and didnt know what they were getting on the bandwagon for. Then they tried to extend it to all of these other social issues. That is how this thing got blown out of shape. The nfl is acting spineless, to use his words, in terms of dealing with it directly. Im with you, when i watch a football fame game i want to be entertained, not angered by their political stance. As the support for nfl was going down 10 points, fans of College Football was going up two points. Thats right. Stuart no politics in College Sports to my knowledge. No politics in College Sports. Here is where i believe the owners and nfl is making a big mistake. They believe it probably bottomed out. I dont think it has bottomed out, absolutely not. The people are voting with their tickets, their ticket sales. Theyre voting with the tv sets. If they continue to allow players to kneel, they could lock arms all they want to as long as theyre standing for the national anthem. That is the respect that people want. They dont care about locking of arms. Stuart you think tv ratings are going down some more . I think they will, if they see people kneeling, they show that on tv, they will go down more. Stuart herman cain, had 20 minutes, with us. You did well in my personal opinion. Thank you for being with us, sir. Put the check in the mail. Maria good luck on that. [laughter] stuart show me where where thet will open. Well be up 100 points for the dow industrials. Stay right there, well show it to you live. Stuart stand by, sports fans. In 10 seconds we will open the markets. [opening bell rings] i confidentially predict well be above 23,000. I hope im right. We are off and running. We are opening up at 23,000, up 94 points from the getgo. That is not bad. Any advance on that, please . Do i hear 100 . Thank you very much, rain. 23,097 is where we are. The s p is up three points. That is an alltime high. Nasdaq up nine points. And another alltime high for nasdaq composite. Go back to the dow, it is getting a boost from that stock, ibm. It is up 7 , that is a huge gain for a company of that size, 10 higher. That puts 50 or 60 points on to the dow industrials. Ibm, not bad. Who is with me . Ashley webster. Elizabeth mccdonald, and shah galani. Big smile. You saw this coming. The market is acting this way. Wanting to go up. Earnings have been good. No reason to go down every time it dropped a tiny bit. Buyers are bidding it back up. Tech stocks had a little bit after faull back. We got taken out of two our positions, apple and amazon. Were back again. Stuart hope you followed that. Liz, did you see this coming . Were talking about the fact that the right trade over a year is to stay in this market. I think what is remarkable, we have a lot of things going wrong and horrible storms and fires, dreadful things happened. The market hasnt budged. It doesnt budge on north korea and doesnt bum on shooters in las vegas. Americans are more optimistic than they have been since