Oil lower and baker hughes. Searching for some green on the board, which we always do here on countdown to the closing bell. Technology for once the only s p sector today moving higher. Its been a a real downer over the past couple of months but right now apple is charging forward, up nearly 3 as anticipation for the mini ipad because you know, we all upgraded to the ipad 3, which youre not supposed to call the ipad 3. Now we need the mini ipad. The anticipation continues to build this week. When will they unveil it . Wwll it be the day they come out with earnings . Thats thursday. Lets get right to the floor show. Traders at the new york stock exchange, cme group and the nymex. Kenny, friday you and i talked about how what might we see this week. We see this follow through with the losses today but with the nasdaq down just 3 points, im thinking it was down 67 points on friday, how worried are you about tomorrow . What do you think . Heres what i think this morning and i said it to you this morning we had that little bounce this morning and then we pulled right back as people really kind of digest the earnings news, like you said from last week, what the tone feels like, so my sense is weve now decisively broken through technical at the 50 day. We have broken through support level 1425. We have broken the up trend line so clearly it puts us in a different position. Think the market will feel i think the market will feel that out. I think weakness is ahead. Not going to fall out of bed, but i think theres plenty of support, i think theres a lot of money going to be to put to work. I dont expect the market to fall out of bed but i do expect it to be weaker. Intel is up today nearly 1 . We are looking at needless to say a Technology Sector that looks somewhat decent. Im interested in the oil story. Let me take it to the Chicago Mercantile Exchange and phil. To see oil right now, im looking at crude at about, lets see 88. 30. Thats for the november contract. Again were waiting for it to turn over to the december contract. It will be a little bit higher there. But what does this do to the psychology of the markets if energy is cheaper . Well, you think that it would be boosting, you know, the obama campaign, but i dont think its really having any impact impact at all. I know one of their primary goals is to get oil back down, below 95 which they did a good job with. The story with oil right now is you have excess supplies out there. The department of energy is reporting that theyve got about 365 Million Barrels on hand. Seasonally we only need about 330 right now. Weve got about 10 more in inventory. The other thing is you have the Keystone Pipeline starting back up. That should push down gasoline prices in the midwest just a little bit. Keep oil below that 90 area, but i think it will remain above about 87 1 2. Thats the key technical level. Liz hold on a second. Were kind of languishing on the crude oil chart but should also be looking at nat gas which is down 4 . That i think is a significant move because some people had real hope that natural gas would start to really muscle up. Well, nat gas is going to hinge on that forecast for the weather. I mean it really you saw quite a bit of inventory come out all summer long with the unusually hot weather. Now were looking for forecasting cooler weather. Expecting next 166to 20 days that we should see seasonably cooler weather. There will be some support in natural gas. Its just a matter of its doing a little bit of selling because of outside markets. Liz Energy Sector is one of the losers today. I want to get to the nymex, we should talk about some metals here. Im not so interested in gold at the moment because i would think and you can correct me on this that were looking for the fomc meeting to give us guidance about what they will do and that of course in turn affects gold. But perhaps it is copper i want to look at because copper is very much sort of a signal. Copper prices tend to move in tandem with equity prices so it is down right now. And what you see with over the past couple of weeks is this concern about chinese consumption dropping. What do you see there anthony . The chinese consumption is definitely a concern when it comes to copper prices and Energy Prices as well being part of the industrial sector also affecting copper prices Going Forward. And yes eyes on the fomc meeting on wednesday are going to definitely have a, you know, a continued impact on what copper does, you know, Going Forward. Liz good to see all of you. Thank you very much. Again, right now were pretty much the lows of the lows of the session right now. Dow jones industrials down about 92 points. We could see an improvement, who knows, the market has behaved very strangely but at the moment we have in essence seen that 90 of companies are lowering their earnings estimate what is the investing environment like . My next guest says and this is the quote playing Musical Chairs on the titanic. But he has some ideas to keep your portfolio from sinking. Rdm financial groups ceo is joining me in a fox business exclusive. I dont think thats a good assessment because what in essence you are saying is you can pick the right chair but the ship is still going down. Listen, we have to take care of this debt thing. If this debt thing doesnt go away, whether in europe and the united states, were going to have problems. Its hard to liz you have been here for two years saying that and i agree with you but the market continues to go higher. People can still make money can they not . Im not saying were not invested, and you have to pick the right chairs, but at a certain point we will all have to pay. Im sounding like a total bear, im not at all, but i think there are ways to invest. Right now our portfolios are about 65 of the volatility of the s p. So were in it, were just not in it with both legs and what were picking, listening to the oil and gas discussion just before me, well, we own the pipelines. Were earning 7 a year on the pipelines. Were doing just fine. Are we beating the s p . No, but that 7 is pretty solid. However, the big we see the earnings right now showing now they are showing bottom line. Before it was just the top line. But we kind of saw it coming. The real question to us is liz caterpillar made its bottom line but not its top line. That was interesting. Caterpillar was is it still up today . Im not sure. Liz yeah, it is up. But let me then take it to you here, do you like just u. S. Companies . Or do you feel all governments of first world nations so to speak are pretty much overleveraged . Still bulls on the emerging market. We think europe is really the question mark. We listen. We read. We talk to people. Can the u. S. And can the emerging markets do well in the face of a bad europe . We tend to think not. And thats why were a little bit more bearish on the entire market because we think europe is really going to be a drag. Liz see i can do this because ron and i go way back. Were good pals here. Let me push you on thiss go ahead. Dax, germanys market up 23 year over year. Heres another one, the cac in france up 10 not nearly as robust. But the hang seng index in hong kong up 19 . You are telling me that developed countries cannot do well . What im saying is look at every single federal bank in the world for the first time they are all coordinated. They all flooded the market with cash. Im not again, im not liz, im not sure it is not a sugar high. Ive got a feeling that some of this is really not real. Its just theres nowhere else to go. But if you look at unemployment, you look at the debt, some day were going to have to pay. Liz two names internationally, one is asian name, one is european name. The european name is nestle, what makes you think it will continue to do well in tough conditions . Theres a way to play the market even in scary times. It is the number one food company in the world. You look at the caloric intake of the planet where everybody in the emerging markets, 70 of the worlds population, they are eating better. Nestle has made great inroads into tell merging markets. Emerging markets. They bought the formula division from pfizer so now they are in the Baby Food Market in the emerging market. There are ways of making a lot of money in a scary market. Liz you still like baidu very much. Here again emerging markets we are still bullish on them. It is the google on china. Google is not getting in there with any great force any time soon. We like it for the longterm play. The combination of portfolio people have to put together portfolios, some risk, some things you can count on, and put it together, and moderate your volatility. Liz ron is here to make sure your titanic portfolio is of a rose version and not a jack version because jack died and rose lived. Well live. We will be fine. Liz ron is coming up with much more. He has more picks. Were 51 minutes away from the closing bell. Still down about 92 points for dow jones industrials. Jeff flock telling us about the one crop thats benefitting from the drought and perfect timing. Jeff . Jeff i am driving through a field, liz, that is literally choked with pumpkins, and the reason is the drought. I will be back in just a moment to explain why that is. Why if you are a pumpkin farmer, you think its been a great year. Stay tuned. Energy is being produced to power our lives. 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You see us, at the start of the day. On the Company Phone list thats a few names longer. You see us bank on busier highways. On once empty fields. Everyday you see all the ways all of us at us bank are helping grow our economy. Lending more so companies and communities can expand, grow stronger and get back to work. Everyday you see all of us serving you, around the country, around the corner. Us bank. Liz before we get to the power mover, i wanted to show you the dow jones industrials. I already showed you intel. You know, technology is the only sector doing better today. But how about hewlettpackard one of the better ones today, up 8 cents. Also got cisco and hewlettpackard as i said three big tech names moving higher today. The power mover of the hour is supervalue. There we go. Its right here. This is a grocery chain. The shares are skyrocketing on speculation that the company could be a takeover target. So yeah id say a gain of 36 is skyrocketing. This afternoon reuters reported that Cerberus Capital management is working on a deal to buy the troubled company. The Company Shares as you see down more than 60 year to date. Supervalue even suspended its dividend earlier this year, so its been in a heap of trouble. But at the moment, nice move today up 37 . Let me go to the fox 50 here so you can get a sense of whats really going on. Oh, no. Oh, im so bad at this. Heres the fox 50. You can see that again it is the same names that are pretty much looking the way they are on a day where we have red on the screen. But how about orange . Lets flip it over to halloween just around the corner we are picking pumpkins. Jeff flock at a pumpkin farm in illinois. Then we have got Nicole Petallides at the new york stock exchange, little scary today, but jeff first, the pumpkin crop. Look at that. Jeff the most bountiest pumpkin harvest in recent memory and it is all liz because of the drought. The biggest enemy of the pumpkin is rot and mildew and wet. And occasion that willy you will see one and occasionally you will see one, heres a big one, look at that, that one is rotten, but most of these are not. Its all different kinds of varieties. This one farm grows 90 different kinds of pumpkins. Thats something called a wolf pumpkin, has a real big stem on it. Thiss other ones over here. This one is called an atlantic giant. Its a green one. You have green pumpkins and also white pumpkins. This is something called a full moon pumpkin. All of these varieties have done so well because the ground was dry and they didnt rot. Usually most of the pumpkin crop is lost to rot and mildew. This year and they are growing big. Look how big these guys are. These are jack o lantern pumpkins. The field is filled with them. An incredible harvest. One good crop in a drought, good to know. Liz interesting. Im so interested that i was getting a bunch of other news and im thinking to myself i was at the pumpkin festival in ohio several years ago, and this is amazing to see that there isnt a problem there. Jeff, save me a piece of pie. Nicole lets get to you at the floor of the new york stock exchange. Nicole got to love the pumpkin patch. Some of my greatest photos of my kids are in those beautiful pumpkin patches. I wanted to take a look staying on the pumpkin theme for just a moment. Lets take a look at dunkin brands. Were looking at it because they have Pumpkin Spice coffee. You can get the ice, the hot. Also baskinrobbins which is under dunkins brand umbrellas. They have ice cream cake for the holiday. They are getting ready for the halloween holiday. Its a big economic day where everybody is spending celebrating halloween. Lets take a look at retailers. Vf corp. Is the one we are focusing on but you can take a look at coach and other names coming under pressure. Vf corp. Came out with their numbers. Vf corp. Is the parent of north face, timberland, so there are a lot of names you know. They did come out with numbers better than expected, saw 27 increase in their Third Quarter profit. They raised the dividend. But heres the thing and raised full year outlook as well. The north face sales were slower than expected. And thats one of the reasons that we are seeing it sell off here. Vf corp. Now is down 7. 6 . Coach not too far behind. Down 4 . Liz . Liz when there isnt freezing cold weather [inaudible]. Nicole thank you very much. Lets shake it up with the team. Our team consists of peter barnes if washington, d. C. , Liz Macdonald here in new york. We kick it off with rich edson standing by at the site of the third and final president ial debate in boca raton florida. Rich, investors, what should they be looking out for in tonights debate . Rich this is a Foreign Policy debate. Carved up into six different sections, 15 minutes each. The final session first to take a look at would be china. China is something there has been plenty of rhetoric on the campaign trail. Mitt romney said he would leave china a currency manipulator on day one. Thats those who invest in importing businesses might not like to hear. Take a look at what they say on china this evening. Also oil. Much will be about middle east. What a potential Romney Administration or second term of Obama Administration has in store for middle east. That has everything to do with oil. Theres trouble there, price of oil goes up. This is a matter of president obamas policies, favor some type of stock you invest in, you want him to deliver a strong performance, same from governor romney. Weve been hearing from some romney aides that he wants to talk about the economy as much as he can, to talk about europe and their debt problems and prevent that from happening here. Also plenty other things. They will try to force an economic message as much as they can tonight. We will be ready to listen. Liz china is an interesting excellent point to bring up because suddenly it is whoever is harder on china wont be as good for companies trying now to do business in china, our largest trading partner so we will be watching that. Lets talk about the stock market, could it take a hit after two potential major changes that come out of washington, d. C. . Liz macdonald on that side of it. Thats whats on the radar screen at jpmorgan chase, black rock, bmo Capital Group and wells fargo. They are talking about a potential doublewhammy tax hikes for dividends and Capital Gains possibly january 1st as high as, you know, 44 roughly if the Health Reform investment tax kicks in. And so what they are talking about not just selling pressure on these stocks in other words because dividend tax is coming investors may say we may bail out of these and go towards a growth stock and, you know, play catch up there. So the issue is what will happen if both of those tax rates go up . You can lock in the gains in your Capital Gains and sell those stocks. So the doublewhammy is selling pressure, a lot of warnings supplying around right now on warnings flying around on wall street about these two possibilities that may not be taken care of during the lame duck. You know, theyre worried about december and november activity. And ive got to tell you something, the stocks are looking at electric utilities, of course Consumer Staples and industrials. Because i will tell you something, there was a lot of movement into these dividendpaying stocks after Interest Rates dropped on savings accounts. Liz lets get to where there was a lot of movement. And that was in the solar world, but now the question of government subsidies and the fact that it doesnt appear that they are helping the industry on a longterm basis, the guggenheim solar etf down just about 49 over the past year. This is a struggle now, isnt it . Peter barnes is on that story. Peter thats right liz. Another u. S. Solar Power Company that got some government ba