Liz breaking news. The change of management at the top of etrade. Stocks spiked on the news. It is a dow jones report that in essence is saying that there may be a new ceo coming to them from barclays well regarded by at least a london media which is a tough thing to do. This is extremely capable and charming. What does this say about the trade. They might be one of those companies that have floundered and will be taken over by td ameritrade. You bring in a brand new ceo and he is the guy who will get the Company Ready to be taken over or find its footing once again and see what happens. At the moment moving higher by four pennies or half a percent. Watching this story closely. In the meantime. Good afternoon, im liz claman. Welcome to countdown to the closing bell. We have a flurry of buying on wall street. Check out the dow 30. Shades of green led by the old school. Local school tech names like microsoft and intel. Exxon mobile. Boosting the blue chip. Cisco systems, walmart. Hewlettpackard, bank of america. A little bit of statistics. Some pretty strong moves. With the jobless claims fell more than expected. This is the number you want to see go down. People standing in line for the first time. That came down. We have a bomb continuing in housing from the number that we get today. We get more on that. Looking at the dow, s p, nasdaq, we always see those. Big gains across the board. Interesting, but nothing compared to what is going on with the small caps in mid caps. The delicate that. Alltime highs for the russell 2000, the s p 500, and the dow transport. S p 400 mechanics of the ones that brought that out. Also a 5year high at about 1,071. Flip it over to the Home Builders because this is the number that obviously would stand to gain from a really good construction number which we got up to 0 percent yearoveryear. Leading the way, Home Building names like Toll Brothers moving higher by 3 . Everybody up 3 . Five and 1 3 percent. All 11 names in the s p 500, Home Building in next higher because of housing starts. Basically lets pull it apart release simply. New Home Construction jumping to 14 years i. December, adding evidence to the stabilizing recovery. At least some people have said it was sustainable. What is not working today . We are putting it on your screen. The big winners, commercial Banks Like Bank of america, that is moving lower by about four 1 4 . The biggest percentage loser on the dow. Q for profit down 62 . Revenue fell. Bank of america still dealing with a bunch of bad mortgages. Lets look. You can see. Just yesterday during after the bell that announced they were instituted dividend of 1 penny, but at least it was a dividend. Did not help the day because they missed their etf by a mile, dealing with massive litigation costs, weak loan demand, and the release of fewer loanloss reserves. Crude oil is jumping, breaking 96 per barrel earlier in the date. Geopolitical tensions feeling everything. The islamist militants taking of that natural gas plant in algeria. We do understand some hostages have died. Were very careful with this story, but it is a terrorist situation that, of course, spike in oil at the moment. Either way it is a big risk on the meaning people are piling into stocks, commodities, rising in tandem. Even the euro up sharply. The dollar 303. I am going to switzerland which is still on. But lets talk a what is going on in the markets today. All but two datapoint drivers. Really much more of a technical breakout. We have tested fell last couple of weeks 1475. The s p 500. Unable to do it. Just a matter of time before we broke through. The macro data is what really pushed us over the edge and pushes us hire. Technically that will be important. Liz then we get, and i know you guys like technicals, but the emotion that is in the pick today. Something like this, 107 points. He knows where we will close in 56 minutes, but the Something Like this character . Better volume today. Well, i think it can carry over. If you look at what we had, the technical ankle was covered well, but on the fundamental basis, and you talked about there earlier. The two things that came out today were that to drags on the economy, housing and employment. They are Getting Better and consistently better. The confidence will be there. Here is the big fear. We have a climate of worry. We are at a plateau because the next is what is going on in washington d. C. That scares me more than anything have seen in this market in years. Liz i no d. C. Is an issue. It is something we cannot control, sadly enough, but we can serve to control whether we are jumping into this market. People are still sitting on the sidelines holding their worries, missing rallies like this. That only cause more confusion because we are not really breaking out on explosive volume, which is also another concern. With the breakup like this you want to see volume ramp up, which would indicate to you that people really have a change of mindset. At 400 million shares, you are not really breaking out yet. Some people liz composite track. That would be the highest. Let me get to the energy complex. Everything is higher right now, jonathan. Is this all the very tense and very worrisome situation . That is part of it. It pushes up a little bit yesterday. Today a lot of it is the Economic News that pushed us over 95 and up over 96, but more importantly we set lover 95 which is a big indicated that this rally might have pushed up to 100. Liz the weaker dollar obviously helps. Adelle of 33 for the euro, and im thinking that can help. That adds to it. More cold weather coming in. Now that we have pushed over 350 today, a little bit below, but that is bullish times are here. Liz you know, when news breaks on a single stock, the ceo at the trade Financial Group moving higher by half a percent. Im just interested to know how closely traders look at Something Like that and say, oh, thats interesting. Less about the sidelines where they are apparently according to dow jones going to have a new leader. Well, it seems like its a good news thing. But this is something that i tend to ignore because it is one event right now. Lets look at it a little further and see if it really has impact because the Company Still has to run the way it runs. Can he make that big of a change that. Liz are you looking at Something Like intel as we weigh on earnings after the bell . Oh, most certainly. In the heart of earnings season, so this is something we want to Pay Attention to. So far they have been pretty good. I think important this time is the guidance has been better than the has been in the past. They are not spooking people in the market right now. Liz could to see all of you come to play. Thank you very much. The turbulence with boeing stock. It is a dow component. Widely held. Maybe in your portfolio today were looking in a move to the upside, but it has been choppy over the past week and a half. Each of those tips coinciding with headline sitting the tape about problems with the 787 dream liner. Now, perhaps, the harshest cuts so far, all airline scrambling to reshuffle flights as governments around the world vote forced boeing to ground all the seven a seven. Suppose to be celebrating. There not. Howdy use a nightmare in polish . Actually, i lifted up. That is exactly what is happening. They were inaugurating were supposed to the flight between warsaw and chicago. A very popular route. Take a look at where the aircraft is right now. Supposed to have back last night it is still parked here today. We went around to the back of the airport and get a look at the 787 dream liner. Two are flying. It is now grounded along with 49 other aircraft around the world. A huge hit for boeing and also, i might add, the First Airline to say, we are going back to boeing and were going to ask for compensation on this. Take a look at what the number two man at the polish airline had to say. Essentially, were going back to the contract to look to see what we can do to get compensation. It is a huge hit for us. Out of here tonight, and they hope to get it out with a replacement aircraft. At this point that is what theyre hoping for. By the way, all about batteries, lithium ion batteries. This is a lithium ion battery. I know you carried one. The back of the camera. We love these things. Theyre much later. That is why the airlines love them. The problem is, it was pointed out, the airlines will not let you carry this in the hold in the cargo hold of the aircraft because it fears that something could pump and leak fluid. As the problem we have here right now. Liz i think the compensation issue is major and makes you wonder if their is a recall and i have to turn in my car for recall, they going to pay for my rental. I know. Ford has been great about that, as you know. Hopefully boeing will be the same. Liz wow. A little bit higher price check may be. Also a nightmare and french. Nightmare in polish. The closing bell ringing in exactly 50 minutes. We are holding on to gains of 110 points. A 5year high. Enclosed. Money coming in. Driven by the big institutions without really any participation from the little guy, the retail investor. When will the average joe come back to the market and embrace risc . Find out what ubss saying. A brand new survey on investor sentiment. It is ours first. Chief investment strategist breaking it down coming up in a fox business exclusive. Suddenly, she does something unexpected and you see the woman you fell in love with. Shes everything to you. 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And then we have done a nice move and this continues to move higher. What is going on . Well, if you look at the chart you can see. Lets do it. You can see, there was a fault. We have a nice move since then. Limited options if youre thinking about filing your annual tax return, you will have to wait a bit, but this is a company that people perceive will help them. The irs pushed back its opening date for tax season by eight days to january 30th. If youre interested to see how the other guys have done, here is a to our block with into it. Very similar picture. Not as big a jump today. Looking pretty good. Shares taking off. Lets look at the moment. Lets get to sony. We talk about it. A great job over at the Consumer Electronics show. Remains in focus especially today. The ceo, the new ceo talked about the fact that he really is going to shepherd this ship and move this forward. Facing tense competition from apple and samsung. As i really have the product of innovation to keep it competitive. The stock is down about 35 percent over the last 52 weeks. He is now saying that he is shepherding several projects parcel himself. Does not get caught up in bureaucracy. Does not suddenly fade away. Coming out of the tokyo headquarters. A great interview with him and really said, where are the Real Products that everyone has talked about . We all remember our sony walkman this command. It really being competitive to apple and samsung and such. It certainly seems like he is ready to take sony. Liz the number one question which was right on the money, and now we see, what about the naysayers who really feel like to have not gotten up to the spark elise samsungs of the world and, of course, the apples. You would have had it right here. Argue still on the sideline . Is it time now for you to get off the sideline to make it into the game, get your hands on the ball . Told u. S. Trading volume, we thought this the this would really articulate. The volume has been on the decline since the scary market bottom of 2009. Joining me now, chief investment strategist at ubs with our brand new investor invest sort of sentiment survey, and the number one issue because its sort of to fold here. What you think and then what the investors think. You think investors have too much cash on the sidelines. Investors are telling a similar things in terms of what they are concerned about as we are concerned, and it is interesting. I listened to the masses talking about this wall of worry. Certainly that clearly came through. Investors, if you go back to years ago, they were concerned about the health of the economy and financial markets. That has been displaced and more concerned about dysfunction in washington. Liz spending cuts and the debt deal highly important. 76 percent of those the you surveyed said is very important to their money, and some. How would it be impact full on peoples portfolios if there is not a debt ceiling bill . I think what is going to happen is that i think investors are actually being very pragmatic about how they are addressing the issues in washington. Investors are incredibly adaptive creatures. So what youre seeing is investors right now, okay. Rather than looking for the big deal, lets clear these turtles. Liz come home like theyre missing the rally. But they are starting to see levels of engagement. The notion that everyone is on the sidelines is misplaced. Plenty of cash, zero people are selectively engaging. We are trying to get people to engage in a thoughtful way in areas where we think the risk reward clearly favors you. Liz the people feel that 40 percent of significantly better than one year ago. 56 percent get about their financial situation. Inching higher. They are not doing much with it to make the money to capitalize. If you were to advise people watching right now about the fear that drenches them at night or is that they will get bank again 2009 to march a particular, would you say . A twopart answer. The first is get a plan. When you look at the survey will we found is that those who have done our Financial Plan both felt better about how they had done last year and were more optimistic about the next 14 years. The second is, lets figure out there writing gauge his strategy for each individual. Liz have you put this together . , the people the survey . Week survey over 2,000 investors. They tend to skew toward the High Net Worth crowd, folks who are affluent and their decision makers, Investment Decision makers within the household. Liz 86 believe that we are in a fresno recovery. I am less interested in french aisle and more interested in the fact that they perceive it is a recovery. And pass this notion about are we at the cusp of a recovery. They also recognize this is going to be a different kind of economic recovery. Liz for the opportunities. You guys of the money guys. If they do start to get a little more confident, should they be putting their money for opportunity in 2013. Two places. Still on the credit side. The fixedincome market will have some challenge with the rates ahead, we think there is an opportunity the the higher level of income like high heeled and investment. We do have an engagement strategy in the equity market as well. We actually moved to an overweight in equities. Preference is emerging markets. Liz people pro that turnout. Is there a particular region . We still have a preference for asia. We think that the growth dynamic there continues to improve. China works through this soft batch. We think that is the area where there are the most growth prospects. Liz this is the brand new survey for ubs. I appreciate you coming here is the silly to tell us because once you find out what the herd is thinking, it helps to seek clues. It does. Liz chief investment strategist at the united bank of switzerland. Closing bell ringing in 38 minutes. Housing has been on a tear. Not only in terms of sales of existing homes, but also under construction, risen to four year highs. Does that because our interest to buy or maybe consider moving to a new city . What if it is across the country in sentences go . Dont you want to know what the crime rate is . To you just want to invest in the company . Truly. A number of resources and that making the move a bit easier. We are speaking to the cofounder and ceo and a first on fox business interview. Sfx horn. Ding. Ding. How long have you had your Car Insurance . How long have i had my Car Insurance . I dont know. Eight, ten years. I couldnt tell ya but things were a lot less expensive back then. 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