Crucial states. Markets are proceeding very cautiously. They are mixed at this hour after the dows 650point monday meltdown. We are only adding to that right now. Getting a little uncomfortably close to lows of the session. We are down 185. The low is a loss of 196 at the moment. You can see the s p is down seven but the nasdaq is holding on to some green here, up 50 points. No surprise, then, that megatech is powering the markets leaders. Could all that change tomorrow, when the top brass from facebook, twitter and google face the music in what is expected to be a contentious capitol hill hearing . Senator roger wicker is the chairman of the Senate Commerce committee. He will tell us what he needs to hear from Mark Zuckerberg, jack dorsey and sandar pichai. And breaking news out of tmobile. Forget telecom and 5g wars. Tmobile Just Launched a dual attack on cable and streaming leaders. Tmobiles ceo is here to unveil his brand new weaponry of offerings that has the stock moving higher at this hour. And here comes the snow. The pandemic created a drive for the great outdoors. You know that. During spring and summer. Atvs and motorcycles and boats, speeding out of the showrooms. But with winter bearing down, will the blockbuster sales we saw then see slowing or skiing along . We will gauge the temperature with the ceo of snowmobile giant polaris. We have this fox business alert straight from the campaign trail. Take a look at lansing, michigan. President trump is set to deliver remarks at a Campaign Rally at the Capital Region international airport. What he will do is walk off that plane and the crowd is right there. He then heads to west salem, wisconsin and omaha, nebraska for two more events. Vice President Joe Biden just finished up remarks in warm springs, georgia, where he is focusing on crises that are facing the country. He will head to atlanta later for a drivein event. Where do the candidates stand in the latest polls for each of these crucial states where they are visiting right now . Lets start with michigan. A new poll by the university of wisconsin and yu yougov has biden leading 52 to President Trumps 42 . The same poll organizers have biden leading by 9 points in wisconsin, 53 to 44 . And a university of georgia poll released yesterday reports biden and trump are just about neck and neck, 47 of voters preferring biden at this moment, 46 favoring trump, which is pretty stunning for a state that hasnt turned blue since back when president clinton was running for president. Could it all come down to one county in nebraska . Nebraska along with maine does not follow the winner take all rule under the Electoral College and actually distributes votes based on the winner in specific congressional districts. Nebraskas Second District is the one to watch. According to a Siena CollegeNew York Times poll, joe biden holds the lead by seven points, 48 to President Trumps 41 . At this hour yesterday, during this show, remember the s p was suffering its worst loss in a month . Right now, the s p is just tacking on a few more points to that loss, down about six points at the moment. The nasdaq, though, gaining, now up 56 points. With election day exactly about a week away, the only guidance we can get is by looking back in history. So we saw this. Since 1944, courtesy of sam stovall, with dates left before all those election years since 1944, the s p rose 89 of the time with an average gain of 2. 5 . While the odds from that number, yeah, they appear to be in thes favor. We know 2020 has been a year like no other. Lets turn to our floor show traders and hopefully you guys have deeper insight. Phil flynn, i will start with you. You will at 89 , pretty good odds. We have endured a very odd year. What do you think . I think you should get, just because we are through the uncertainty, whoever gets elected, we will get a bounce. The initial reaction as we saw from the last election could be a little scary, you know. Of course, when it looked like donald trump was going to win, we went limit down on the stock market, then it was time to buy and that was the low for the year. I really think over the long run after that initial reaction, you got to look at what stocks are going to be, the leaders, what stocks are going to make good opportunities. Its going to come down to who wins this thing, right . We know joe biden is not energys friend right now and energy has really been under a lot of pressure. If donald trump pulls out the win, i think energy is really going to benefit because they are fighting not only the markets, covid19, they are fighting fears of regulation. Thats got those stocks down. Take a look at a biden victory, Green Energy Stocks are going to do a lot better. Hes more of a green energy guy. You also look at the credit card stocks. Joe biden, the laws hes made, hes made it harder for people to declare bankruptcy in a credit card situation. Like it or not, thats probably good for the stock. Joe biden probably good for mastercard and visa and all of those. Liz this is why we love our floor show traders. Phil just gave us some real insight into what could happen, could doesnt necessarily mean will. Jon corpina, whatever happens in the next eight days, should investors ride the wave or sit on the beach and watch the waters roil until then . I just want to add one more thing to phil. Lets talk about tech real quick. Rewind to precovid and the major headline was u. S. china relations and tariffs. As we saw that unfold and got closer to deals, we saw the tech sector perform much better as that went along. So if President Trump gets elected, i think thats coming back to the forefront. U. S. china deals, we will see the tech sector move there. If mr. Biden gets elected there might be a selloff in a short period of time. What do investors do at this point . We have to get through this uncertainty period. We know when we will get through this uncertainty period. Volatility is going to continue in this market, expect that. We like to look back at history, look back at trends, but i think learning from 2016, you cant really rely on that all too much. So right now, i think people need to position themselves accordingly, knowing that we are going to see this volatility. But thats okay. The dust will settle. We will get through this. There will be a winner and there will be a plan coming from there. Once we know that, then i think we will continue to see our markets move higher because when you strip away politics from our economy, our economy continues to be strong moving in the right direction, but we cannot forget about this Global Pandemic that is hovering over our country and our world at this point. We are going to have to get through that. The next three to six months are going to be difficult. Liz that is way more important than two people running for office. Youve got to believe in American Business and American Ingenuity as we fight to get this viable vaccine. Phil, jon, great stuff. Thank you so much. Weve got a fox business alert here. Advanced microdevices, did they just overpay to become a major player in the data center microchip game . Shares have been falling all day after announcing its buying xilinx for 35 billion in an allstock deal. About an hour ago, amd was down 4 . Now its down 5 . Xilinx is up 7. 6 . Heres the deal. The deal values xilinx at 143 per share based on certain technical metrics. Right now, it isnt even there. Its at 123. 31, which is certainly good for amd because you dont expect to have some other white knight or somebody else come in to try to bid for xilinx but that price of 143 is a higher one than what analysts were expecting or thought would be commanded. The mergers the latest in what has been major consolidation within the semiconductor industry. Lets check dow components right now. Merck beat Third Quarter profit and revenue estimates but says the pandemic will impact full year revenue negatively. Merck is down just about half a percent. Caterpillar taking a bit of a bigger hit, down 3. 6 . Sales fell for caterpillar as demand for heavy machinery dropped. Then to 3m, down 2. 6 . Minnesota mining and manufacturing topped wall street estimates on demand for its n95 masks but the company did not give any forecasts for full year 2020. Microsoft out with results less than an hour from now so youve got to stay tuned. We will be watching that very closely and what about the aptly named Ticker Symbol wifi . Thats surging at this hour. That goes with boingo wireless. Oppenheimer raised the stock to outperform on the premise that they will sell part or all of their business to towers or a private equity firm. The firm says boingo has some very attractive wireless assets. Right now the stock is looking very attractive, another near 8 to the upside. Check the Dow Jones Industrials. We are now down about 200 points. While boingo bounces, tmobile is taking wireless to a whole new level, taking aim at not just its competitors, but at streamers and cable giants. Cable, really . Its ceo is here to share his vision with todays pretty significant rollout of what theyre calling tvision. This is a fox business exclusive. You got to hear because its moving the stock. With the closing bell ringing in about 49 and a half minutes, and the dow still struggling at the moment, we are down about 194. The claman countdown is coming right back. 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. Liz tmobile stock is on the move. Tmobile has been known for gutsy attempts at tripping up competitors in telecom land but two hours ago, tmobile stuck its foot out in an effort to face plant Cable Operators and streaming players. Tmobile unveiling tvision, a suite of channel choices with varying prices and different bundles. The nationwide rollout begins sunday. As we understand, it will offer three Different Services with a menu of viewing options depending on what you pick. Prices start as low as 10 a month and move up from there and customers, this is whats creative here, customers can customize everything from news and sports, comedy, lifestyle and drama but did tmobile also just fire a volley at amazon fire and roku as well with a new device called the tvision hub . Lets bring in tmobile ceo, mike sievert, in a fox business exclusive. Mike, you guys are swinging at everybody here. The cable guys, verizon, at t, chrome, fire stick, roku. Who should be most nervous by what you Just Announced . Well, thats what we do. We take big swings for customers, you know. Thats what todays news is all about. A big announcement, tv done right. Of course its the cable we are taking on here. Thats who should be most nervous. These guys have a tradition of overcharging everybody and its a dirty old trick to make you buy and pay for things you dont want just to get the things you do want like live news and sports. You know, we have a comprehensive live news and sports package, including fox business, by the way, starting at just 40 a month. So this is a big day for tv watchers. Tv has never been more relevant than this year. Liz i did misspeak. Im sorry. Youre right. Starts at 40 per month. That would give you whats called live. Thats the news and sports, 30 plus channels, for another ten bucks, i understand, you get a bunch more channels here, another 50, you get all kinds of things. This is actually less than youtube tv, correct . I guess you are taking on google, too . Well, its a lot less. We have seen so many price increases in the streaming space and whats happening is people are bundling more and more in. When customers want just the opposite, they want choice. You said it right, one of our choices is 10 a month for entertainment packages and reality tv and dramas, things like amc and comedy and discovery, all those basic cable channels for just 10 a month. Then live news and sports starting at 40 and going up to 50 or 60. For 60 a month, you get nfl red zone, nfl live, golf channel, all the big news networks. Its amazing. Over at cable, the average bill just for the tv part is 190. Thats nuts. Liz im glad you came right out and said youre taking aim at the cableopoly. Youre also looking at an opportunity to swing at everybody. Thats what you guys have always done, even when ledger was in charge. You guys are going down with the fists. How do you scale up adoption, mike, when a lot of this real estate has already been snapped up . When it comes to people in their homes, theres a joke, this laundry list of all the streamers that people have and there is that sort of fatigue, is there not . How do you get their attention when you are really talking about looking on the small mobile screen . Youre absolutely right. People are either stuck with traditional cable, thats about twothirds of tv households, either because they want live news and sports and think they cant get it elsewhere, or because its all so confusing. If you have to macguyver your own solution and theres different apps and wires and boxes, what tmobile does is simplify everything and allow you to escape the big cable doupoly thats overcharging you and making you buy all the channels you dont want just to get the ones you do want. Streaming is popular but we are here to unify it and simplify it. We have thousands of stores and tens of thousands of people to help you so you dont have to speak chatbot just to get some service. Liz yeah. Yeah. Im old, im still watching red zone on my big screen tv because i got to see my cleveland browns. I was going to say lose, but they have actually been doing incredibly well. I think about the quibi failure recently. They found pretty quickly that original programming for mobile devices was not going to sell. What kind of sense do you get that mobile viewers are somehow underserved that you have made this big investment to come out with tvision and live and vibe and tvision hub . We think most of the viewership will be on big screen tvs. I think thats right. This is tv. Its tv done right. Its right there next to your netflix and all your other Favorite Streaming Services and its for your big screen tv. This launch, we are automatically already compatible with apple tv and fire stick, google tv, android tv and of course, our own new tvision hub. So its for all those big screens but also your ios and android devices. Thats what makes this great. Its simple, its one app, its one bill, one login, and you get it all. Liz before we go, really quickly, 5g. Verizon came out and you know, hans vestberg, the ceo, got to be right there onstage with tim cook at apple for the iphone 12 and pretty bold statements that we are the ones who are the leaders in 5g. What does tmobile have to say about that . Well, what did the street have to say about it . Nobody really bought it. While he was onstage his stock went down and ours went up. What happened was this is the firing gun of the 5g era. This launch of the apple iphone is the firing gun. We are going to lead through that 5g era and Everybody Knows it. Lets face it, verizon led through the 4g era. They got out right away with the first lte network and set the terms of Network Competition for that decade. Thats what were doing for the 5g era. Do you know as we sit here right now we have 1. 4 million square miles covered with 5g . Thats more than at t and verizon combined. We are way ahead and not just with broad 5g but with high capacity deep 5g thats many, many times faster than lte. We are off to a big transformation here with apples launch and only one company is in the lead. Its tmobile. Liz i thought john ledger talked smack. You may take the trophy from him. You are bold and you are out there as a competitor. Its great to see you. Please come back on. We will be watching tmobile. The stock is up about 1 right now on this new news of this suite of offerings and we will be following it. Mike sievert, ceo of tmobile. Great to see you. Liz while 5g and streaming wars heat up, the weather is definitely cooling down. Snow is coming and in some cases, here. But with the pandemic still in full swing, will the panic buying that we saw during the summer for Outdoor Recreational products see the same boost this winter . Weve got the ceo of polaris and will ask if his snowmobiles will be flying out of the store like his motorcycle and atvs did during the covid quarter. Closing bell ringing in 38 minutes. Well be right back. 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