Wall street expects some kind of stimulus. We have another monday morning rally with plenty of green and the dow jones is closing about a gain of 150, but nasdaq up over 100 points. Big tech up this morning i think pretty much across the board, yes. Its all green. Even though three top executives will be hauled before Congress Next week, both sides of the aisle angry over big tex wealth, power, influence and serious discontent about censoring conservative opinions as some senators subpoenaed jack dorsey concerning twitters suppression of conservative voice service. On the campaign trail absolutely no change. The president continues his rallies hammering his message home in the battleground states and joe biden will hunker down. He appears to have put a lid on the week staying home preparing for thursdays debate. That debate is controversial with the moderator who is supposed to be neutral anything but. Her family has donated tens of thousands of dollars to democratic campaigns and in the past nbcs kristen welter has been an outspoken critic of the president. The antitrust fix is in. How about this one, 1 million passengers went through tsa checkpoints sunday, the first time over a million cents march. Varney co. Is about to begin. Stuart not quite sure, we should put that on the screen so that i can know there it is new attitude i dont need a new attitude. Ive a good one already. President trump rallying voters in nevada sunday night. I was not feeling good and then they gave me this regeneron, and antibody, transfusion as they say like one hour and the next day i felt like superman work i got up and said what the hell is going on. [cheers and applause] i felt like superman or could tell governor to open up. Normal life is all we want, we want normal life. [cheers and applause] we want to be where we were seven months ago. Stuart i dont know where he gets it from. Its going to be another busy week of campaigning for the president. To rallies in arizona later today. More in pennsylvania and North Carolina later in the week culminating with the final president ial debate on thursday. As we said, joe biden has put a lid on the week, saving his energy no doubt for that thursday debate. Lets get the latest on the stimulus. Maybe susan can give us clarity. Susan we are less than 48 hours to go to get a deal according to House Speaker nancy pelosi if you wanted package before election day. She said shes optimistic after speaking for over an hour with Steve Mnuchin saturday. Mark meadows this morning said he and Steve Mnuchin spoke twice yesterday on a stimulus plan. I think that is encouraging. Amounts haggled over democrats won a chilean and President Trump 1. 8 trillion. Lindsey graham this weekend said he could vote for something bigger than 1. 8 trillion so that is good but we have until the end of tuesday to come up with on agreement otherwise talks will continue, but its unlikely we will have a deal before the election. With him in a winwin for both sides to help americans put food on the table . Stuart thats the whole point, who gets the credit i mean speaker polo z would like to take credit and so with the president and republicans, but i am frustrated in that you never get anything firm. Its always negotiating, negotiating and even if you get something now, its not going to affect the economy for some time, i dont think, certainly not in the next couple of weeks. Susan think its a Platform Point for the vote. Stuart i think you are correct. Lets see if we can get clarity someone else. Keith, are we up today especially nasdaq is up, are we up because there is some thought we may get stimulus . Absolutely, stuart. Traders, investors, money movers are talking about this and they cant afford not to take the bet we will get something so like it or not pelosi, Steve Mnuchin, who cares but i think many will come onto the table and thats what wall street decided today. Stuart whether it comes from congress, you definitely will get enormous amounts of money put out by the Federal Reserve, i mean, they are trading like crazy and will continue to do so but all day putting a floor on the market . I think they are. They have never meant a Printing Press they didnt like my think that will be good for the market. Ultimately there will be you know what to pay when the chickens come home to roost two decades from now but for now it helps people put food on the table and as soon as we can get the money out it will be good. Stuart hold on a second, keith. Netflix and tesla are two of the very big names that will report their earnings this week break it down. We have it heavy earnings week ahead, cocacola, American Airlines, southwest some of the 80, fortune 500 companies that will report with tech tesla a big upgrade over the weekend calling tesla a 500 stock, but theres a lot to prove especially profitability after capping off the first full year of making money. For netflix, its all about subscribers. How many new customers signed up after a record first half of the year ended netflix pretty conservative in their guidance. They only added to and have million, expect only to have million but most analysts say that will be easy to beat. Pretty good earnings season despite the high bar for some. Their hands been a high bar in his early, only 10 has reported but so far most of those 10 has been by 25 and thats way above the 10 year average so companies are recovering after covid. Stuart thats another reason for the market to expect strong profits because we have already seen that. I went to go back to keith for second and talk about tesla. You wrote something that i dont understand. He said tesla, its not about the cars but about the redistribution of electricity. What is that about . Heres what i think is going on. The game has never been about cars or batteries. Its about rewiring quite literally one of the most comes essential components of our life, electricity. think the game is to distribute power making tesla compelling. It is so necessary to our lives, the fact that Utility Companies are whining that they now have to get involved tells me elon musk is again two steps ahead. Stuart i have really turned around on tesla and elon musk. Keith, thank you. Next up lets talk about doctor Anthony Fauci. He said this about the president s covid diagnosis, roll a tape. Were you surprised President Trump got sick absolutely not. I was worried he was going to get sick when i saw him in a completely precarious situation of crowded no separation between people and almost no one wearing a mask. Thats got to be a problem and it sure enough it turned out to be a super spreader event. Stuart doctor siegel is with us, the gentleman on the righthand side of the screen. Doctor Anthony Fauci said he was not surprised. Were you . I was not at that event and you know if there is no virus in the crowd you wont spread it. I had to say i spent time in the white house and i saw plenty of separation and masks. They handed out masks to us when we came in and everyone got tested. I do think that it makes total sense to have distancing and even the masks, but i think we can also be overly afraid as a result as everyone points figures and i dont think thats helpful from a Public Health point of view. Stuart i got it. In europe they have a spike in cases, germany, france, italy with italy imposing new curfew on public gatherings. I dont think you believe that is the right tactic, re locking down even if it is just hot spots. You dont think thats the right tactic, do you . Im usually against that. I wrote a book just out and let me tell you its using politics of fear to control the population we are talking about 11000 new cases in italy yesterday, but only 69 deaths. The death rate is not going up, hospitalization rate is not going up and they are using it based on case numbers only, mild cases and scaring everyone. Its one thing to say where he mask, but when you shut down businesses imposing curfews, that will cause not only panic but tremendous Economic Cost and its the politics of fear im huge mistake. Stuart doctor siegel, thank you. Look at futures again, a monday morning rally. I have been saying this for a long time up 150 on the dow jones, 110 on the nasdaq. Eu may remember this mysterious woman sitting behind the president during his townhall in miami. She got a lot of attention. How did she even get into the debate and sit in the front . She joins me next hour and she will tell us how she became a term supporter and what happened to her that night. President trump and joe biden go headtohead on the final debate thursday with new questions about the debate moderator and her reported ties to the democrat party. We will tell you all about it. I have to tell you this, shes not neutral. When i was in high school, this was the theater i came to quite often. The support weve had over the last few months has been amazing. I have a soft spot for local places. Its not just a work environment. Everyone here is family. Gonna go ahead and support him, get my hair cut, leave a big tip. If we focus on our local communities, we can find a way to get through this together. Thank you. If you are ready to open your heart and your home, check us out. Get out and about and support our local community. We thought for sure that we were done. And this town said not today. Noand if youre troubledan a lifby falls and bleeds,ers. Worry follows you everywhere. Over 100,000 people have left blood thinners behind with watchman. Its a onetime, minimally invasive procedure that reduces stroke risk and bleeding worryfor life. Watchman. Its one time. For a lifetime. So youre a small bor a big one. You were thriving, but then. Oh. Ah. Okay. Plan, pivot. How do you bounce back . You dont, you bounce forward, with serious and reliable internet. Powered by the largest gig Speed Network in america. But is it secure . Sure its secure. And even if the power goes down, your connection doesnt. So how do i do this . You dont do this. We do this, together. Bounce forward, with comcast business. Stuart well, well, well, october 19. I bet susan doesnt remember what this is an anniversary of. Susan black monday, 1987, still the single worst today for the stock market dow jones lost nearly a quarter of its value in one single session, 508point drop, which today trading at much higher levels and we are so used to the 1000point swings, but back then it was a lot. Panicking thinking it was 1929 all over again it took about two years to recover compared to a few months this year to recover from the covid. We also have more bullish news. Hedge funds have pulled back. We had a hedge bond buying and rushing to buy contracts betting big tech stocks would fall, the most in 13 years last week, but now closing out of the contracts meaning tech stocks should go up at least today. I see apple, amazon up 1 at the open. Stuart this is Short Covering which means stocks go up because you have to buy a them and they go out. Got that. Days away from the final debate. President ial debate this thursday through debate topics as laid out by the moderator the virus, race, Climate Change and national security. What about the economy or hunter biden . Not on this list and nbc White House CorrespondentKristen Welker is the moderator and her family has longstanding ties to the democratic party. Mike huckabee is with us. Governor, bearing in mind its likely to be a hostile moderator, what advice would you get to the president for this debate . I think it has to ignore a lot of the stupid questions he will be asked to make take his message to the people. Is high time we scuttled this debate over mission nonsense. Its ridiculous. Heres how it ought to work and im speaking from some persons perspective that has been on the debate stage, get rid of the moderator. Have a timekeeper took each candidate gets two minutes Opening Statements and then each has alternating options to speak with no clock on them other than they have a total amount of time each whether its 43 minutes or whatever and when they use that time up they are done. If they enter at the other candidate while hes speaking, their clock goes on and its against their time. At the end of their allotted time, exactly equal to the other they have two minutes to close at and theres no moderator took a day pick the topics, not some biased socalled journalist that has no business being on the stage with two people who went through the process and became their partys nominee. You can fix it that way and you have a debate. Stuart on that note you said socalled journalist, want to show our audience some questions that Kristen Welker has asked this administration. Bear with us, governor. Rolled tape. Giving russian president Vladimir Putin the upper hand . Doctor if he thought she said the lag in testing was in fact a failing. Do you take responsibility . In this tweet he said out he was not condoning violence. Should and the president have facts before he tweets being the president of the United States . Stuart governor, your response to that . I think she will walk in with a hammer in her left hand for President Trump and a bottle of oil in her right hand for joe biden and she will give him a back rub the entire evening. Thats what we are in for. Its ridiculous and it needs to stop. Stuart the bias is so obvious and its all across mainstream media. Its universal. Hate trump and biden can do no wrong. Ive never seen anything like it in 45 years of america. Last 45 seconds to use the mac its time to get rid of the Debate Commission and take this with a grain of salt, but recognize donald trump has an opportunity to show the American People that he can talk about the issues that matter to them, not to a moderator. Stuart well said, governor huckabee, thank you for joining us. See you soon, i hope. Thank you. Stuart ibm will report their earnings after the bell this afternoon. What are we looking for . Susan spinning off its older infrastructure while keeping its Cloud Business intact. Ibm profit sales will likely be down compared to last year so clients delayed projects and reduced business spending. Another test is the red hat, how much did that boost ibm cloud footprint . They are looking at the mic it market value worth 100 million plus pure cloud play, i didnt test you on what hybrid cloud is did i . Stuart im glad you didnt. I have no idea what it is. You mentioned hybrid cloud. Susan yes. I would say its Slower Growth and amazon is more dominant in pure cloud play. Stuart i would be interested to see what they say on the call because i want to know what theyre looking for the future if they can discern anything. Susan i think they are just trying to stay relevant at this point. Im not saying it personally. Stuart 5 of amazon. Susan yes. Stuart going up this morning, monday morning rally especially the nasdaq, 120 points higher, 11019. Thats where we are back to, thats a rally. Back at a moment Metastatic Breast Cancer is relentless, but im relentless too. Because every day matters. And having more of them is possible with verzenio, the only one of its kind proven to help you live significantly longer when taken with fulvestrant, regardless of menopausal status. And its the only one of its kind you can take every day. Verzenio fulvestrant is approved for women with hr , her2 Metastatic Breast Cancer whose disease has progressed after hormonal treatment. Diarrhea is common, may be severe, or cause dehydration or infection. At first sign of diarrhea, call your doctor, start an antidiarrheal, and drink fluids. Before taking verzenio, tell your doctor if you have fever, chills, or other signs of infection. 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Its based on a mosaic of information, but whats changed in the last couple weeks gets down to the technical indicators, the price action of the market and there are two things in particular. One, over the last few weeks you have gotten a shortterm what we call a thrust indicator kind of a funny term and that means a lot of stocks moved up together. We had that coming up march lows in another signal in the last couple of weeks secondly, our longerterm technical indicators for example stocks above their 200 day average. Is now close to 75 so in the confirmation more and more stocks are longterm uptrends at the same time we have that a lot of stocks are moving up shortterm so thats a powerful combination. Stuart you are one of those guys that studies the charts, thats what you do. You are a Technical Analyst looking you say the market is telling you from the charts, so i guess you dont care if joe biden wins and the democrats retake the senate. You dont care about that . We do look at all of it, but if you want to take a whole store how political analysis, usually its more of a sentiment gauge than a longterm trend, so if for example after the Republican Party has lost the white house, the yearend rally tends to be weaker than say if a republican were to ret