The markets matched in their explosive force by Online Retail. We are on the cusp of a recordbreaking cyber monday today but will any of the Online Retailers be able to break out of the amazon jungle . Top 200 amazon seller now turned tellall author is here to cut away the brush to reveal the wonders and the dangers of doing business on amazon. And as president elect joe biden begins locking up his economic and cabinet teams, one crucial position still remains unfilled. Who will nab the top spot at the Energy Department . Sun power Ceo Tom Werner about to let the sunshine in on that guessing game. First, a fox business alert. The dow is on pace to close out its best november since 1928 and you know what, the s p is even better. Trying to clock the best november in its history. But take a look right now, the small caps, the little guys, the russell 2000. Forget november, this is the best month ever for the russell, up 18. 8 . Sm energy, gannett, choice point, some of the biggest small cap movers this month. You can see what a great, great move we have seen here. Sm energy about 173 to the upside. Gannett clocking 145 and choice point scratching out 126 in gains. To our floor show traders as we look towards december. Phil flynn and scott redler. Phil, give it to me. Its a great november but we really have to go through quite a bit of angst to get to this day, did we not . What are you anticipating for december when its almost like we kind of we frontloaded the santa claus rally. We really did. In fact, when you have a november thats so good, sometimes santa claus has a tougher time living up to it. Historically, thats the case. We might get into a little choppiness but having said that, you have to congratulate this market that has come through everything you can possibly throw at it for the last couple of years. There have been a lot of naysayers about this market that were on the sidelines, worried about covid, worried about, you know, the market crashing, they were worried about the economy never opening up. All of that pessimism, of course, was not rewarded. I think it really is a testament to how far this economy has come through covid and where were going. I think it portends, what we are seeing in this market portends a very optimistic future, especially now that we are going to have a potential vaccine on the horizon and you know, i think that moderna news today, they are getting that emergency approval or trying to get that, thats going to be really big. Im very optimistic for december. I think the biggest thing that people did wrong was underestimating the power of the market. Liz yeah. Yeah. Modernas is a great story because its propelling a lot of areas. You like the industrials because you feel theres an opportunity there for more growth. Let me get to scott redler. What do you like . I do have to bring up what had been really strong china stocks. We got this news today that President Trump and his cabinet are going to once again call out and put on a blacklist more names here. Treasury secretary Steven Mnuchin kind of dropped this grenade today, adding restrictions on cmic and about 30 other Chinese Companies to make it more difficult to trade them. The Defense Department identified them as companies with ties to the chinese military, thats the allegation. They are getting hit today. Cnooc is an Energy Company but talk to me, scott, about whether that casts a pall on the psychology with a couple weeks left of the Trump Administration and people wondering, you know, are we going to get a lot of these surprise grenades dropped on the market. You mean the fake bombs . We had quite a few of them dropped. I like what phil said, the market has pretty much climbed a hell of a wall of worry. What you stated earlier about the performance of the small caps, its been astounding. Two, three weeks ago, you and i talked about blink. We said that the ev sector needs charging stations. Blink went from 12 to 30 plus. We talked about the amazon of africa. Remember jmia . Another small cap went from 12 to 40. These are big moves. These are some moves that have changed traders lives and have made investors portfolios. Every few weeks we have a different flavor of the market. At this point, maybe the small caps need to rest. I think for the next week or two, maybe the biotech groups that ignited last week will hold the baton. I like the idb, im involved in that. I think that will make new weekly, monthly highs and get to probably 155. One of your producers asked me about an opportunity in another small cap, perhaps, and im going to have to say because its something i have been holding for like six months, we are heading into the ash conference. The ash conference is a very very prestigious big conference that happens this saturday, where the most innovative, influential biotechs will present data and its hopefully curing different stages of cancer and this spec stuff thats not for everyone, called mustang bio, mbio, trading around 360. You want an opportunity . I think that could be double digits next year. I do think if you want to be safer, yeah, go with pfizer, go with some of them, but there are a lot of gems out there if you do your research. Liz you know what . Thats why scott and phil are here. They do the research for you, you guys. Guess what . We call him flynn, too. Good to see you guys. Thank you very much. Scott and phil with our floor show. Here we go. Dow jones industrials, yeah, losing a tiny bit of steam, 1 , down about 323. We talked about moderna. Look at modernas stock. It is skyrocketing on the news of the day. The pharma giant is applying for emergency use authorization for its covid19 vaccine in the United States and united kingdom. That is good enough for a 17 jump at the moment. This vaccine shown to be about 94. 1 effective in studies. The news leads to other vaccine makers a little bit mixed. Pfizer, second leading stock on the dow only behind apple but Johnson Johnson and glaxosmithkline both in the red right now, with about 50 minutes left to trade. This is a headlinedriven sector at the moment. Lets get to the white house. We are going to get some headlines from blake burman. Reporter we have a head line, that 94 effective number coming out of moderna but theres still much more when you peel back through what they put out there today. They continue to say that their covid19 vaccine candidate is safe, part of the reason why they are applying as well for the emergency use authorization, the eua, to the fda. But also, heres what the company was highlighting today as well. They say in their phase 3 Clinical Trial study, there were 30 severe cases. All 30 were those for people who were given the placebo, not the vaccine. Listen here to that companys ceo from earlier this morning. Watch. And what is even most exciting, i was pleased yesterday when i learned about the data, there were 30 severe cases in the study. All 30 were on placebo. There were zero cases of people with the vaccine. If you think about the impact of severe cases driving hospitalization, driving people in icu and death, that is a game changer. Reporter we know as it relates to pfizer, the fda will be taking up the eua for that vaccine candidate on december 10th. Moderna said today, at least he suggested the fda could potentially take that up for moderna on december 17th, one week later. The fda, we should say, has not yet at least publicly acknowledged that possibility. By the way, as it relates to distribution and what could potentially come down the line in the not too distant future, the ffda said it started on friday with some of the distribution to take place with United Airlines beginning the charter process to distribute potentially the Pfizer Vaccine candidate. Liz . Liz yeah. I bet you this is going to be a lot of names, fed ex, mckesson we know is part of this distribution effort. Its going to be an all hands on deck. I love it. Its Great American business and of course, we will be watching all of it. Thank you very much. Blake burman. Okay. So it looks really nice out there in washington, d. C. Is blake even wearing a jacket . The sun is shining. Sure. Particularly on this solar stock. Look at this oneyear picture of sun power. This is a gain of 368 over the past 12 months. And the skies might only be looking brighter as to whats shaping up as a more climatefriendly biden presidency. Could a key player still missing from the cabinet roster actually darken the horizons for renewables . Sun powers Ceo Tom Werner is here on the list of potential Energy Secretary nominees thats been thrown around at least by those in the know, right . Its already dividing moderates and progressives as it fights for keeping a green peace in place. Closing bell ringing in 49 and a half minutes. The claman countdown is coming right back. In a land not so far away, people are saving hundreds on the most Reliable Network with xfinity mobile. They can choose from the latest phones or bring their own. And because they get nationwide 5g at no extra cost, they live happily ever after. Again, again. Your wireless. Your rules. Your way to stay closer together this holiday season. Switch and save up to 400 a year on your wireless bill. And get 300 off when you buy the Samsung Galaxy note20 ultra 5g. Learn more at xfinitymobile. Com. You might think you were born with a slow metabolism. D to lose weight, thats exactly what these people thought. woman i lost 75 pounds with golo. announcer nambu lost 48 pounds. Hannah lost 60 pounds. And graham lost 131 pounds. How . They went to golo. Com. Now its your turn to lose weight quickly and easily with golo. Head to golo. Com now. Thats golo. Com. Liz we are just getting we well, lets see. Very interesting here. Breaking news. Senior Trump Administration officials have Just Announced that saudi arabia has agreed to allow israeli commercial planes to cross its air space while heading to the united arab emirates. This is the latest step to increased recognition of israel in the middle east. The uae and israel had agreed, of course, to normalize Relations Just this past august. Now it isnt exactly the full relationship with saudi arabia, but saudi arabias saying okay, at least you can fly over our air space to get to the uae. Interesting. The Incoming Biden Administration officially delivering the news investors had been waiting for. The starting lineup for the 2021 economic team. Janet yellen, the oddson favorite to lead the treasury department, got the nod. That wasnt a big surprise. This was widely telegraphed. If confirmed, neera tanden will be the first woman of color to lead the office of management and budget. And Wally Adeyemo will be the first deputy secretary of the treasury. However, no mention yet of just who president elect biden will tap to be his next Energy Secretary. The entire sector is waiting and wondering including my next guest, tom werner, chairman and ceo of solar power giant sun power. Good to see you. We already showed your stock. It has really sort of run ahead of what could have been the news a couple of months ago and that is a possible biden presidency. Couple of possible contenders names are being tossed about here. Nuclear physicist ernest munez, for one. What are you hearing . Well, i think those are positive steps. Obviously theres going to be support for the paris accord and theres going to be support for renewables. Renewables, after all, represented 64 of all new Energy Generation in america through september of this year. So it is clear there will be head of due that will be a Renewable Energy leader and will take that direction for our National Labs and work with congress on policies that help us win in what is clearly the next Energy Generation resource for america. Liz you say the next, but you know, natural gas is really having a renaissance here and maybe its its first ever renaissance, because it cleans, it burns cleanly, it is definitely plentiful here in the United States. We dont depend on any other country for it. So do you have to see a little more of that before you really let the sunshine in, so to speak, for solar . Yeah. In fact, natural gas is 26 , so youre at 90 when you combine renewables and natural gas. They work great together. So natural gas will be part of the mix. I think whats important here is that we look to the future, which is the combination of natural gas, renewables and storage, and thats a combination of where energys going to come from, and thats where we have to win in america. Liz why not check a bunch of the boxes here. I know you want to look forward. I do want to just touch on recent history. 2018, january, President Trump announced tariffs on solar panels and imports of solar cells, modules. This was a problem for you guys, even though you are the top producer of equipment for the Solar Industry here in the United States, you also make some of your parts in mexico and i believe in the philippines. You were slapped with these 30 tariffs. You immediately jumped in to try and get a waiver and it took you months and months. At what cost per month did you end up having to pay a tariff . I think this is a really good example of some of the challenges that we had was between 1. 5 million and 2 million per week. Sun power was not in a position to withstand that kind of tariff. It took about nine months. We worked very constructively with ustr and ultimately, our technology was exempted. I think this is important, though, as we look forward to less stick and more carrot. Incentivize whats going to win in the future and whats clearly the trend for the future. Liz what about the free market . We can put up some of your partners here. Walmart has turned to sun power. You have relationships with lowes as i understand it, toyota motor. The list goes on. And therefore, if you let the free market work, why do we need the government . Or do you look at this more as the history of the railroads where it was the government that really jumped in to build out this new way of crossing the United States . I think this is a great question. I think its really, people misunderstand that energy is regulated and will always be regulated, and also has legislation. The question you raise is incentives. If youre comparing a hundredyearold sources of energy that have been incentivized for that entire time, that being fossil fuels, then you have a new Technology Like solar and Solar Storage or energy storage, you need to at least compare those in terms of their development. So i think government has a role in incentivizing the future and giving that scale for new Energy Technologies to mucatch up with Energy Technologies that have been around for a hundred years. This is not new. Its a question of focusing on the next generation of technologies. Liz well, just compare for me, please, because we have some people who work in the oil industry watching us right now. The jobs and the salaries for these jobs, are they comparable to what you in the Solar Industry are offering when it comes to salaries and are you hiring right now . This is why it made so much sense. It is the future and its the future of jobs. We are absolutely hiring right now. In fact, we are constrained, we would like to hire faster for solar installations than we can today. Our business would grow faster if we could hire faster. In those jobs in solar installation, pay between 20 and 30 an hour, have full benefits. These are absolutely the jobs of the future. And our growth is so fast right now that we are training as fast as we possibly can for solar installers. Liz well, thats good news. Tom, we will be watching all of this, because as we await the name of who will run the Energy Department, this ought to be an interesting one. Tom werner of sun power, good to see you. Thank you so much. Okay. Beefing up its menu, just three months after bringing back its steak to its faithful fans, chipotle now testing smoked brisket in 64 restaurants . Cincinnati, ohio, parts of sacramento, california, shares are getting caught up in todays selloff, down just about 1 . Im liking the brisket. Get a little chopped liver in there. From smoked brisket to what looked like a smoking hot deal for one electric vehicle maker has turned into a hot mess. Weve got the latest damage toll for nikola. Plus, walmart and other retailers big and small hoping to cut through the brush of amazons jungle. Fox business live on the scene. The closing bell ringing in 38 minutes. We do have the dow down 315 points but you know what . Little bit of selloff at the end of a kick butt month. We made usaa insurance for members like martin. An air force veteran made of doing whats right, not whats easy. So when a hailstorm hit, usaa reached out before he could even inspect the damage. Thats how you do it right. Usaa insurance is made just the way martins family needs it with hasslefree claims, he got paid before his neighbor even got started. 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