The open this morning we will get really close again to 30000 on the dow. Heres another positive in all the transition from trump to biden has begun and investors like it, the dow was up 1 , 300 points, s p up three quarters in the nasdaq up close to half a percentage point, lots of green this morning and theres this, john kerry is back, the climate envoy and will sit on the National Security council, not good news for Americas Energy independence. Kerry will try to take us back into the paris climate record, but here is a guy taking us to the future, elon musk, yesterday as tesla stock rallied musk gained 7 billion in one day, he is worth 128 billion in the last week he surpassed Mark Zuckerberg and bill gates to become the second richest in the world, jeff bezos remains firmly in the number one spot. On todays show lets celebrate thanksgiving, the timing on the restrictions but resistance is growing, scott shalit he will join us from arizona hes part of the great exodus and will take into booming and wide open florida, the winner from the great exodus, big show, Varney Company is about to begin. Stuart that is red hot chili peppers, i like that. Top left, cannot stop red hot chili peppers, we will not start calling out Governor Cuomo either. Police officers who wont enforce his thanksgiving rules. You have sheriffs upstate who have said i am not going to enforce the law, i dont consider them a Law Enforcement officer, you do not have the right to pick laws that you think you will enforce and you dont enforce laws that you dont agree with, that is not a Law Enforcement officer. That is the dictator. Stuart by the way, the governor has two reverse his own thanksgiving plans, much more on that performance in the governors coming up later on this program, lets get to mon money, if you look at that another rally, lots of green all over the screen, come in mike murphy, this is your day, is this flat out a yellen rally because she wants to stimulus package and so does the fed. Good morning, i think that has a part to play but i think also you touched on at the top of the show a relief rally, the idea of somebody like Elizabeth Warren or another person who couldve been very negative for the market is now out of the picture, janet yellen is a face pic and wall street is comfortable with, this is going to have an open spigot, the money will keep flowing and thats great news for investme investment. Stuart what about the transition that has begun formally from trump to biden, is that helping the market . It is, there was talk of possibly resistance or holding on or creating problems likely seen from one political side and riding and burning things down. As President Trump son pointed out, 72 million disappointed republicans in the country and we see no cities burning down, its a peaceful transition of power, very positive for the market. Stuart is there a dark cloud on the horizon that you see . We have coronavirus out there and that has been weighing on the market, 35 it cost us earlier this year but now the sun breaking to the clouds we have the vaccines that are out there, not one, not two but several. There will always be hiccups along the way, it can be a straight move to the upside, there will always be pullbacks which we watched for but right now we have new highs, 30000 coming on the dow, new highs and were not overextended, this is a great time to be an investor, look for Quality Companies into stay on the u. S. Markets, we seen a lot of new highs but more new highs coming. Stuart were going to leave it right there mike murphy, more new highs to come as an out queue, we will see you again soon. The booming real estate market, we have the latest on home prices, the report just came out, lauren our home prices rising in and around our big cities . Lauren yes, they are rising everywhere. Looking at the 20 big cities, prices rose a robust 6. 6 in september from last year, largest annual gain since apri april 2018, where our prices rising the most and the fastest, phoenix, seattle and san diego at least 9 and prices are 23 higher than they were at the 2006 peak of the market. Stuart thank you for confirming that we have a real estate boom. Thank you lauren, lets move on to the retailers, some of the big names reported earlier this morning, a list of the big guys. Susan big movers, best buy Online Shopping powering sales at best buy tripling from july to september, sales came in double forecast that the three months with household by appliances and laptops being stuck at home during the pandemic and the stock is down because as good as sales were, best buy refused to give guidance when the allimportant Holiday Shopping. Susan i dont care about the stock price of best buy is an indicator how much were prepared to spend at this particular time in the recovery. Susan is profittaking. Lets take a look at that, new female ceo, lauren stepping up in february the companys president and reported Quarterly Sales of record in the summer months Online Shopping doubling as customers brought more comfortable workout gear outdoor equipment. Stuart Dicks Sporting Goods no longer sells guns and even the gun sales have been rocketing hi. Susan . Stuart sorry i interrupted. Susan ever call me and finch, they made money in the quarter instead of breaking even, stayathome workers were shopping for abercrombie clothing. Stuart why not abercrombie and my demographic. You can buy for the younger people in your household. Stuart what else you got dollar tree. Susan it is done well during the pandemic especially with elevated unemployment topping forecast but says it cant give guidance on the holiday. Because of uncertainty when it comes to stimulus and coronavirus. Stuart that was a good roundup. Some doctors are saying that the cdc should warn people of the side effects of the vaccine, doctor jenness is with us, what are we talking about, what side effects, the cdc said the side effects are not a walk in the park, what are we talking about. Good morning i wouldnt say warn i would say inform, anything in my open communication, honesty is the best policy, thats important when we are managing patients, critical to keep them informed, some potential side effects that could happen, maybe body aches, fever, headaches, chills, it will only last a day or two days, if you pick up coronavirus your symptoms can last weeks at a time, remember a temporary side effect, your bodys immune system response in preparing you for one day if you do come into contact with coronavirus, its a hard football practice before the big game to help you score the touchdown to protect you and keep you safe, it is definitely something you need to be aware of but i think the benefit of the vaccine outweighs the potential side effects. Stuart good to hear, one more, dr. Fauci is telling new York Governor Andrew Cuomo to get on board with the vaccine, are you on board with that . Absolutely, the fda is held to the highest ethical and scientific standards when it comes to medication and vaccines, it is not safe or the governor of new york to withhold the vaccine to conduct another review, it is somewhat redunda redundant, dr. Fauci if he approves that, if the fda approves it i am all on board with holding a vaccine to new yorkers to conduct another review and another study could potentially mean more lives lost in more new yorkers sick, if its approved by the fda is safe and effective and we should be on board and not waste another day because were in the cold winter season and we have flu coming up and coronavirus, its a double whammy, get on board and get the vaccines right away to new yorkers and all of america. Stuart i think you settled it for us, come and see us again really soon. Now this, a new squad in town, they are called the freedom squad, members on your screen right now, one of the new squad members, not the left squad, florida congressman carlos hermanus is on the show, this is the freedom squad. Biden appointing john kerry as climate envoy, it seems like back to the future to me, im not wild about that, ill give you my opinion it might take, and pennsylvania bars and restaurants band from selling alcohol tomorrow evening until thanksgiving morning, what is happening in america, we want to celebrate thanksgiving, not submit to these rules, thats my opinion. The markets however, rallying, check your 401k and stay with us please dont you love that green, more varney after this. 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. Its not just a work environment. Everyone here is family. If you are ready to open your heart and your home, check us out. We thought for sure that we were done. And this town said not today. groans hmph. food grunting menacingly when the food you love doesnt love you back, stay smooth and fight heartburn fast with tums smoothies. Tum tumtum tum tums with tums smoothies. Adapting. Innovating. Lsetting the course. But new ways of working demand a new type of network. One thats more than just fast. You need flexibility to work from anywhere. And manage from everywhere. Advanced technology. With serious security. And reliable coverage, nationwide. Forwardthinking enterprises, deserve forwardthinking solutions. And thats what we deliver. So bounce forward, with comcast business. Stuart thanksgiving lockdown, we are only two days away from the giving in some states are ramping up restrictions, come on in ashley and tell me about Los Angeles County banding in person dining, good lord. Ashley there on the verge, much of california under much restriction but in l. A. County eliminating a person dining for three weeks, also on the verge of declaring a safer athome mandate that will only allow essential emergency workers to leave their homes in a curfew is becoming likely with gatherings among people with different households between 10 00 p. M. And 5 00 a. M. , ellie mayer is urging people to stay home for thanksgiving and by the way says travelers will be fine for failing to acknowledge the state advisory. Lets look at pennsylvania, new order prohibits bars and restaurants from selling beer and liquor from onsite consumption between 5 00 p. M. Wednesday and 8 00 a. M. Thursday morning, heavy drinking. Says the governor, not gonna happen, there are testing requirements for those traveling or returning to pennsylvania from another state, a stronger masking Face Covering guidelines are out there, philadelphia has also banned indoor gatherings and dining in scene is, gyms, museums and libraries until january the first, bars and restaurants and other establishments have to close by 10 00 p. M. For inperson service, indoor capacity been reduced to 50 and retail businesses, bowling alleys, Fitness Centers among and many others, there are also restrictions on visitation in maryland to hospitals and Nursing Homes and all masks must be worn in all public locations, indoors, just a few of those restrictions being imposed as we speak. Stuart have a good time, thank you, Mike Huckabee the former governor of arkansas and the governor joins us now, banning alcohol, shutting down Outdoor Dining how far is too far . My mother used to say nothing good happens after midnight, i guess she would be in sync with all of this. We have a serious problem 25 of all the coronavirus cases have happened in the last month from the entire beginning, it is serious but at some point we have to explain what the risk are and help them understand why we need to take certain measures and also trust people to use their own good judgment and common sense and not create this atmosphere. Otherwise youre going to have governors with shoot to kill orders anyone seen outdoors and not wearing a mask, i guess thats one way to kill the coronavirus, kill the people they think might be spreading. Stuart is an ironic were used to hearing defund the police but now they want you to call the police on those ignoring restrictions. It seemed like they want it both ways and you cant have it. The craziest one in oregon where the governor was so adamant about not wanting to shut down the protest and talking about a peaceful protest even as cities were burning and cops getting hit in the head by bricks and police cars being torched and somehow now she says neighbors audit squeal on their own neighbors, that will make for a great neighborhood experience and a wonderful commodity out there in a backyard next summer when your neighbor was the one that told the governor of oregon you have 11 people after thanksgiving table, one too many, grandma has got to go, shove her out the door and send her where she came from. It has really gotten a little too much. We all ought to be careful, most of us are, most of us wear masks, socially distant, wash your hands and we dont go around hugging people, that is hard for someone in the south not to hug everybody. But at the same time dont threaten me with a pistol, if i did something that you dont agree with, let me see a person that lives in liberty and live my life and live it very responsibly and carefully, let me celebrate this Great American holiday. Stuart hope you have a wonderful thanksgiving turkey. See you later. I gotta tell you this. Millions are ignoring the cdc advice and still flying ahead of thanksgiving, lauren young the numbers i think. Lauren yesterday another 917,000 people went through tsa checkpoints, since friday 4 million have taken a flight to see family and friends, the busiest travel day of the thanksgiving. It is likely tomorrow, expect those numbers to rise even more, it is two things, everything the governor says, we want to hug her friends and family, lonely long year but also our trust in the airline that theyre doing everything they can to keep us safe and i think that is speaking volumes right now. Stuart thank you lauren, i have to look over some markets for you see how theyre doing. Oil, what is that, booking holdings, im not sure what i have to say about that, up 5 . That is the National Average for regular gasoline, no it is not. Im going to be back the whole thing, heres the story, the price of oil is at the highest level since march, 43 a barrel, the price of gasoline is dirt cheap, then nationwide is 2. 11 a gallon, the cheapest in the land is missouri where the average is 1. 76 in california the highest at 3. 17 per gallon. Susan hawaii, okay fine. Stuart elon musk overtaking bill gates, the second richest person on the planet, we will give you all the numbers and next the opening bell, the markets clearly rallying, mostly on janet yellen, we will see what happens in just a moment, you will see a lot of green, thats a promise. Hey yeah . I switched to geico and got more more savings on Car Insurance . 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Call now and get your free infokit stuart i promise you a lot of green and were showing a lot of green all the markets going up today, i think its a rally and im calling it the yellen valley, she is a treasury secretary, markets know that she wants a big stimulus package, here is david kelli, i think wall street is happy because we have a fed that wants to. Money and a treasury secretary that once fiscal stimulus. Add them together and you have a rally. Am i right . I think the other part of the story is janet yellen is so known, i think anybody he couldve nominated that would satisfy progressives that they would do something about inequality and satisfy wall street with the mechanics of how the economy works and she does have the mechanics very well, an excellent economist and obviously she has a good working relationship to jay powell, its a smoother water to the head helping the rally today. Stuart is it a question of the money now open. Not necessarily whatever the administration wants to do on policy its gotta get it through the senate and at this stage there are two Senate Elections down in georgia, if the republicans hold one or both of those, then i think that does limit fiscal stimulus somewhat, this is still a very e