president obama: last night i signed legislation to reopen our government and pay america's bills. because democrats and responsible republicans came together, first government shutdown in 17 years is now over. the first defaults in more than 200 years will not happen. these threats to our economy have now been lifted and i want to thank those democrats and republicans for getting this job done. now, there has been a lot of discussion lately of the politics of this shutdown. but let's be clear, there are no winners. these last few weeks have inflicted completely unnecessary damage on our economy. we don't know yet the full scope of the damage, but every analyst out there believes it slowed our growth. we know families have gone without paychecks for services they depend on. we know potential homebuyers have gotten fewer mortgages and small business loans have been put on hold. we know consumers have cut back on spending and half of all ceos say the shutdown and the threat of shutdown setback there plans to hire over the next six months. we know that just the threat of default of america not paying all the bills that we owe on time increased our borrowing costs, which add to our deficit. of course we know the american people's frustration with what goings-on in this town has never been higher. that's not a surprise. the american people are completely fed up with washington. a moment when the economic recovery demands more jobs, more moment, we have yet another self-inflicted crisis that set the economy back. and for what? there was no economic rationale for all of this the end over the past four years, our economy has been growing, the businesses had been creating jobs and our deficits have been cut in half. we hear some members who push for the shutdown say they were doing it to save the american economy. but nothing has done more to undermine our economy these past three years in the kind of tactics that create these manufactured crises. you don't have to take my word for it. the agency that put america's credit rating on watch the other day explicitly cited all of this. saying that our economy remains more dynamic and resilient than other economies and that the only thing putting us at risk is, and i'm quoting here, repeated brinksmanship. that is what the credit rating agency said. that wasn't a political statement, that was an analysis of what is hurting our economy by people whose job it isto analyze these things. that also happens to be the view of our diplomats who have been hearing from their counterparts internationally. some of the same folks pushed the shutdown and threatened default claimed the actions were needed to get america back on the right track. make sure we are strong. nothing has done more damage to america's credibility in the world and our standing with other countries than the spectacle that we have seen these past several weeks. it has encouraged our enemies, emboldened our competitors and or friends who look to us for student leadership. now, the good news is we will bounce back from this. we always do. america is the bedrock of the global economy for a reason. we are the indispensable nation the rest of the world looks to as the safest and most reliable place to invest. something that has made easier for generations of americans to invest in their own futures. we have earned that responsibility over more than two centuries because dynamism in the economy and entrepreneurs, productivity of the workers but also because we keep our word and we meet our obligations. that is what full faith and credit means. you can count on us. today i want our people and our businesses and the rest of the world to know the full faith and credit of the united states remains. all my friends in congress, understand how business is done in this town has to change. because we all have a lot of work to do on behalf of the american people and that includes the hard work of regaining their trust. our system of self-government doesn't function without it we had now the government has reopened and the threat to our economy is removed, all of us need to stop focusing on a lobbyist and the bloggers and talking heads on radio and devotional activist wh to profit from conflict and focus on what the majority of americans sent us here to do. that is grow this economy, create good jobs, strengthen the middle class, educate our kids, lay the foundation for broad-based prosperity and get our fiscal house in order for the long haul. that is why we are here. that should be our focus area did that won't be easy. we all know we have divided government right now. there is a lot of noise out there. the pressure from the extremes affect whole lot of members see the day to day work supposed to be done here. let's face it, he american people don't see every issue the best way. that doesn't mean we can't make progress. when we disagree we don't have it suggests the other side doesn't love this country or believe in free enterprise or all the other rhetoric that gets worse every single year. if we disagree on something, we can move on and focus on the things we agree on. get some stuff done. specific about three places i believe we can make progress right now. first, in the coming days and weeks, we can pursue a balanced approach to the responsible budget. growing faster and shrinks the long-term deficits further. at the beginning of this year, that is what democrats and republicans committed to doing. the senate passed a budget, the house passed a budget, they were supposed to come together and negotiate th. had one side not decide to pursue a strategy of brinkmanship, each side could have gotten together and figured out how do we shape a budget that provides certainty to businesses and people who rely on government, provides certainty to investors and our economy, we would be growing faster right now. good news is legislation i signed yesterday now requires congress to do exactly that, what it could have been doing all along. we shouldn't approach this process of creating a budget as an ideological exercise. just cu cutting. the issue is not growth versus fiscal responsibility. we need both. a budget that deals with the issues most americans are focused on. creating more good jobs that pay better wages. and remember, the deficit is getting smaller, not eager we had this going down faster than it has the last 50 years. the challenge we have right now are not short-term deficits, it is the long-term obligations that we have around things like medicare and social security. we want to make sure they are there for future generations. the key now is a budget that cuts out the things we don't need, closes corporate tax loopholes that don't help create jobs, and frees up resources for the things that do help us grow like education and infrastructure and research. these things historically have not been partisan. this shouldn't be as difficult as it has been in past years because we spend less than we did a few years ago. our deficits are half of what they were a few years ago. the debt problems we have now our long-term. we can stop shortchanging the grandkids, only to make the security that these have earned. number two, we should finish fixing the job, let me say that again. number two, we should finish the job of fixing our broken immigration system. there is already a broad coalition across america that is behind this effort of comprehensive immigration reform from business leaders to law enforcement. in fact, the senate has already passed a bill with strong bipartisan support that would make the biggest commitment to border security in our history, modernize the legal immigration system, make sure everyone plays by the same rules, make sure folks who came here illegally have to pay back taxes, the responsibilities. that bill has already passed the senate. economy is estimated that bill becomes law, our economy would be 5% larger two decades from now. $1.4 trillion in new economic growth area did majority of americans think this is the right thing to do. it is waiting for the house to pass it. the house has ideas how to improve the senate bill, let's hear them. let's start the negotiations. but let's not keep festering for another year or two years or three years. this can and should get done by the end of this year we had number three, we should pass a farm bill, one that americans farmers and ranchers can depend on, protecting in terms of need. one that gives rural communities a way to grow and the long-term certainty that they deserve. again, the senate has passed a solid bipartisan bill that got support from democrats and republicans. it is sitting in the house waiting for passage. if house republicans have ideas that they think would improve the farm bill, let's see them. let's negotiate. what are we waiting for? let's get this done. so, passing a budget, immigration reform, farm bill. three specific things that would make a huge difference in our economy right now. and we could get them done by the end of the year. if our focus is on what is good for the american people. and that's just the big stuff, they're all kinds of other things we could be doing that don't get as much attention. i understand we will not so negri and everything now that it has passed. democrats and republicans are far apart on a lot of issues. i recognize there are folks in other side who think that my policies are misguided. that is putting it mildly. that is okay. that is democracy, that is how it works. we can debate those differences vigorously, passionately in good faith through the normal democratic process. and sometimes we will be just too far apart to forge an agreement. but that should not hold back our efforts in areas where we do agree. we shouldn't fail to act on areas that we do agree or could agree just because we don't think it is good policies. just because the extremes in our party don't like the word "compromise." i will look for willing partners wherever i can to get important work done. and there is no good reason why we can't govern responsibly. despite our differences. without lurching from manufactured crisis to manufactured crisis. in fact, one of the things i hope all of us have learned this past few weeks is that it turns out smart, effective government is important. it matters. i think the american people during the shutdown had a chance to get some idea of all the things large and small that government does that make a difference in people's lives. we hear all about how government is the problem. turns out we rely on it in a whole bunch of different ways. it only does it keep us strong through our military and law enforcement, it plays a vital role in caring for the seniors and veterans. educating our kids. making sure our workers are trained for the jobs that are being created. arming the businesses with the best science and technologies so they can compete companies from other countries. it plays a key role keeping our food and our workplace safe. it helps folks rebuild after a storm. it concerns the mac conserves our natural resources. it helps to sell our products overseas. they provide security to our diplomats abroad. so let's work together to make government work better. instead of treating it like an enemy or purposely making it work worse. that's not what the founders of the station envisioned when they gave us the gift of self-governing are. you don't like a particular policy or a particular precede precedent, then argue for your position. go out and win an election. push to change it. but don't break it. don't break what our predecessors spent over two centuries building. that is not being faithful to what this country is about. that brings me to one last point. i have a simple message for all the dedicated and patriotic federal workers who worked without pay or have been forced off the job without pay these past few weeks including most of my own staff. thank you. thanks for your service. welcome back area did what you do is important area did it matters we had you delivered benefits to our troops. you guard our borders can protect our civil rights, help businesses grow and gain footholds in overseas markets and protect the air we breathe and the water our children drink and push the boundaries of science and space and hundreds of thousands of people each day through the glories of this country. thank you. what you do is important. don't let anybody else tell you any different. especially the young people who come to this city to serve. believe that it matters. you know what, you are right, it does. those of us who had the privilege to serve this country have an obligation to do our job as best we can. we come from different parties, but we are americans first, that is my disagreement cannot mean dysfunction. it can't generate into hatred. america's people's hopes and dreams are what matters, not ours. our obligations are to them. our regard for them compels us all, democrats and republicans, to cooperate. in the best interest of our nation he had the mac two. one nation, under god, indivisible with liberty and justice for all. thanks very much. connell: president obama live from the white house of the state dining room to start us off today speaking for about 20 minutes to white house staff that were gathered. the government opens today. dagen: right now peter barnes live from the white house with more. peter, scolding would be one word to describe it, at least the tone at the beginning of his talks. peter: yeah, that's right. he did three things in this talk. he defended government against critics of big government saying he supports smart, effective government and highlighted and argued the shutdown showed people things that government can do to help them. number two, he laid out his agenda for the rest of the year. try and negotiate a responsible budget as he put it, includes opportunities for helping the economy and growing the economy we had we got a preview of that earlier this week. and the farm bill. as far as scolding, he said right at the top he thinks democrats and responsible republicans for helping to reopen the government and come up with this deal last night, warned critics republican critics in congress understand how business in this town has to change previewing these battles ahead because this deal last night pushed everything off until january and february again, right. dagen: peter, thank you for that. connell: let's talk more about it with one of our favorite radio talking heads, monica crowley. who is here with us. no personal note. he goes after bloggers and radio notes be it monica i guess that is me, right? connell: what do you make of what is next? what about immigration as a poetical tactic? now you have the political party to be serious fractured. you alluded to that. it is definitely true. it is fractured on that issue. smart politics to go after the republican. monica: one of the things president obama does really effectively and has the last five years this position himself to look like he is outside of all of this as if he has nothing to do with the breakdown in communication or the government shutdown. that aside, you are absolutely right. you cannot blame this president for not compromising and not negotiating because every time he has pulled that card, he has one. on immigration, which is a really critical point for the democrats because it is kind of the last missing piece of the fundamental transformation of the nation, he is right, the republicans are split. you have folks like marco rubio, i other side real conservatives saying less an let's enforce thw first. driving a wedge between republicans in congress is critical because assuming he doesn't get control of the house next year, which he really wants and which is much of this is about, he is going to try to effectively get that by splitting the party on critical issues like immigration. dagen: the party is already split, is it not, monica? they point out businesses reaction to this. the chamber of commerce is considering taking sides and republican primaries to replace tea party conservatives. he is just probably driving a bigger wedge. >monica: frankly he would be we missed if he try to do that. republican party, conservative movement a huge internal battle here. democrats have the internal battle over many decades, the left clearly one. they have swept out all of the moderates in their party. when you say they'r there really unified, behind president obama. they have had these fights, now it is dominated by the left. republican party is going through exactly this. what ted cruz and mike lee have done, they have taken a lot of swings and they have made their mistakes, but what is critical is to have these arguments, to have these fights. they have to understand what they are up against going after obama and the left. dagen: again, another wedge. monica: totally irresponsible. putting $3 billion pork idem. there is a sense that the establishments on both sides of the aisle is really failing us and they are right. connell: monaco, thanks as always. we do like you on the radio and everything. monica: i appreciate that. connell: monica crowley. the markets now. with the drop in the dow, basically all about ibm today. talking about what is going on in wall street and the fiscal drama wrapped up in washington. getting harder and harder to find deals in the market. let's talk investing. he will have a few investing names for us out of boston. they welcome the conversation. as we were talking so much about washington and this back and forth. we have not had a good conversation about stockpicking in a while. ibm is the big story, but you like oracle. why? >> i just spoke with oracle management last week. if you look at the fundamental business. grilling six or 7% clip even slow growth hyper environment. the cash over $3 per share, $29.05 net. true earnings for may of next year. i know people worried about salesforce and in the cloud, but actually a full-service product, they are not behind. cycle times for releases, and the company signs 10 p/e. infinite multiple. over 100 times next year's expected earnings. the company generates $10 billion per year in free cash almost dollar for dollar. it is an excellent company, well-run. the game plan long-term is to grow the top line six to 8%, improve the operating margin 45%, up to 50%. buy back shares. keeping double-digit growth and earnings per share. i think it is ridiculously cheap and the stock does not get much respect. connell: an explanation kind of how you do what you do. you try to find value. a noted value investor over the years. it is not that easy for you to do that in the market today. is that a washington issue, company specific issues, why is it not easy to find value right now? what is the challenge? >> the s&p within 1% or 2% of the all-time high. selling over 20 multiples respectably. we have been bottom-up stock pickers but it is increasingly difficult. we look for high returns on equities, sustainable earning power no more than 12 p/e. those are few and far between in these markets. connell: is this something close to it? >> we're like warren buffett, we are not smart enough to know what is going up and down. we stay fully invested and by good businesses. i cannot predict the nonsense of washington. it has grown, the rational decision is to take equities. the huge deficits, some point they come back either incorporates or treasuries. connell: as always, thank you for the time. >> thank you. dagen: or on government getting back to work costing taxpayers money, of course. the never-ending tab being run up in washington. connell: peyton manning making his return this weekend to indianapolis this weekend and the big money the city is pulling in for the big game. that on "markets now." but a look at some of the winners on the s&p 500. not a bad day on the market, as i mentioned earlier, minus ibm. ♪ [ bell ringing, applause ] five tech stocks with more than a 10%... change in after-market trading. ♪ all the tech stocks with a market cap... of at least 50 billion... are up on the day. 12 low-volume stocks... breaking into 52-week highs. six upcoming earnings plays... that recently gapped up. [ male announcer ] now the world is your trading floor. get real-time market scanning wherever you are with the mobile trader app. from td ameritrade. help the gulf when we made recover and learn the gulf, bp from what happened so we could be a better, safer energy company. i can tell you - safety is at the heart of everything we do. we've added cutting-edge technology, like a new deepwater well cap and a state-of-the-art monitoring center, whe experts watch over all drilling activity twenty-four-seven. and we're sharing what we've learned, so we can all produce energy more safely. our commitment has never been stronger. dagen: asked about more than 200-point game yesterday, today a little bit of a pullback, but not much more. nicole: ibm has moved to the downside. a better gauge of this market today would be the s&p 500. obviously, everyone kept a close eye on president obama a short time ago. overall, continuing to try to stay where we are at at the moment. right now, we are just keeping an eye on the earnings news. facebook has moved to a new high. we will await the twitter ipo. a lot to look forward to. connell: looking forward to twitter. nicole, think you. juan williams is nice enough to join us. what did you think of the president? more aggressive and he was maybe between the boats last night. what do you say about the strategy? >> we are kind of at a cusp here, connell. he is basically a lame duck. to have everyone approaching the run-up to the 2014 midterms. their attention will be very scant, in terms of the president's agenda, over the course of the next year. you have a three-four month timeframe. he does have some leverage on immigration. the business groups, that evangelicals, the religious groups, they are all there. we will see if in fact by doing a piece meal that they can start this process. dagen: maybe the irony is the original focus, it is good to see you, by the way, the focus was obamacare. >> you know, dagen, that is part of what has been a self-destructive episode for the gop here. there'll be a ton more attention . clearly, when you look at the polls that came out last weekend it had support for obamacare going up, not down. that is just crazy from the republican perspective. that is not what they wanted. not the outcome, anyway. connell: to get to the other deadlines, there is a question about whether we just do the same thing all over again, but i saw some quotes i thought were interesting last night. there are two schools of thought from speaker john boehner. hey, look, this was the best fight. you guys lost. or, as many of those conservative republicans seem to suggest, he is with them now. which road will the sugar go down? >> i do not think that there is much doubt when you look at a politician, you should look at prior but hazier. speaker boehner has always been more of a moderate. here he was in a situation where he felt threatened and he knew a lot of his moderate members felt threatened. i think john boehner followed the path down the road. what i am hearing this morning is republican saying they feel he did what they wanted. connell: how he acts going forward. that will be the big question for us. >> on this budget thing, i think he will try again to get back, and i know this is not a popular opinion, he will try to get back to that grand bargain. he will try to make able. connell: thank you, as always. dagen: good to see you. though gold market is on the move. we will get the latest trade on that precious metal. connell: petain's place was in indianapolis. now, it is denver. dagen: sin is always in. particularly in real estate and southern california. ♪ sometimes they just drop in. cme group can help you navigate risks and capture opportunities. we enable you to reach global markets and drive forward with broader possibilities. cme group: how the world advances. try align. it's the number one ge recommended probiotic that helps maintain digestive balance. ♪ stay in the groove with align. ♪ >> i am jo ling kent with your fox business brief. jpmorgan chase is denying reports. the bank will limit cash withdrawals and wire transfers force and business customers starting next month. weekly jobless claims dropped less than neglected. the prior week was revised down. richard fisher said the fed cannot fight high unemployment unless congress and the president will get their act together. he warned in a speech that financial markets are "restless." that is the latest from the fox business network. giving you the power to prosper. ♪ dagen: peyton manning's weekend returned to indianapolis is shelling out big bucks for the city. how much money are we talking about? >> welcome my god, dagen, if you were a season ticket holder, you could get double face value. sunday night football is already the highest rated show on television. i can just imagine what these rings will be sunday night. dagen: close to $600,000 for just a half minute of airtime. >> listen, damper -- denver is doing great. dagen: why couldn't he be as classy as peyton manning has always been? >> i will take the other side on this. have spoken to him. what he was saying is that if you look at how he concentrated his payroll during the pay ten years, it was largely on peyton and two receivers. they have spread the payroll out over more players. i think that is really what he was getting at. dagen: given the timing of it, there is always, you know, if he made the comment that any other time, people would not have taken it that way. the thursday night game for the nfl, it is not working and the drawing the kind of audience that a sunday or monday night game would beard they were considering adding a second game. course that the nfl sent a statement with all caps in it, to be blunt, i suppose, we are not thinking about a doubleheader on thursdays. >> thursday naipaul is not not sunday night football. their monthly per subscriber fee that they get has gone from $0.95 to $1.35 over the last year. dagen: they are saying that they will not do it? >> i have looked at a lot of data. i do not see the fewer days of rest as being something that has led to more injuries. dagen: good to see you. >> thank you. dagen: broncos or colts? >> i am going to go with the broncos. dagen: still working some bad mojo on the colts. [laughter] dagen: good to see you. we will see you soon. take care. connell: let's get back to the markets now. ibm is a reason why the cloud is lower. from gray wolf execution partners, we have mark newton joining us from the floor of the new york stock exchange. pretty good. >> we continue to see tremendous amount. it has doubled today. shares are up 70%. it is an interesting story. they have been able to differentiate themselves by focusing on a specific sector. continuing to see a lot of interest. connell: see a number of them down. thank you, mark. appreciate it. dagen: is the safe haven at risk? connell: we have sandra smith today with the trade from the pits of cme. sandra: some talks that the safe haven play that gold has been traditionally, maybe that is changing. this, of course, coming after decisions in washington were made yesterday. a lot of folks are saying that the fix is being seen more so then gold. gold actually fell 3.5%. it was the volatility in, the fear gauge that got all the attention. if you think there is uncertainty in washington, we do not know what is next with health care and unemployment, people would rather own the volatility than a hard asset like gold. not only is there a lot of movement, but a lot of volume, as well. it is very telling that gold actually felt during the government shutdown. back to you. dagen: thank you, sandra. connell: you want to live in a trendy area, but don't want the cost of space that you will not use. that story is next. ♪ it's a growing trend in business: do more with less with ss energy.hp is help. soon, the world's most intelligent servers, designed by hp, will give ups over twice the performance, using forty percent less energy. multiply that acrossver a thousand locations, and they'll provide the same benefit to the environment as over 60,000 trees. that's a trend we can all get behind. dagen: we need a break from washington, d.c. where do you go? southern california. connell: we have the story live from venice, california. gmac state california. the high will be probably 80 degrees. venice is known for being trendy and has style as well. these homes are not connected by the walls. >> it is not the house you grew up in.% >> it is building up across the west. >> we think it appeals to young professionals. college educated, right out of college. they do not have kids yet. >> they range in size from one- 2008. you do share lot space from several to dozens of these hybrid homes. >> it would typically housed one family and is providing space for three families. >> these homes have become quite popular here in southern california. about 250 units will be built at a cost of 500,000-$800,000. dagen: a lot cheaper to furnish as well. connell: we know the government is back open today. president obama talking about that just a short time ago. coming up, the push for a longer-term budget. dagen: billionaire mark cuban. he deserves a victory lap. dennis and cheryl have more.yo coming up. ♪ [ woman ] i'd be a writer. 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boston headlines but also included in the spending bill, $3 billion of pork. and ibm hitting a two-year low. why edwards noted may be behind this. all this and more in the next hour of "markets now." dennis, take blue is having a big effect on the dow today. we are down 50 points off session lows. dennis: we started out down more than 100, so this is a little bit of a recovery. ibm ruining whatever relief rally we may have seen in the big record in congress. i'm interested to see of the bickering gets worse or if somebody learned a lot and decided to be nicer. let's get the stocks now with nicole petallides at the new york stock exchange. so, nicole. earnings for the dow. nicole: dennis and cheryl, we were happy for a couple of days. have to get through what we saw in washington holding onto every headline. that will begin again in the middle of december and january. at least we pushed it back for the moment. the dow, nasdaq and the s&p a mixed bag. when you look at the dow, you're looking at ibm, an knitted healh care, goldman sachs. a better gauge of the market would be the essenc s&p 500. we talk about earnings season, he cannot leave out ibm, big revenue. that is why tha the stock is mog so low. you have other names, facebook moving to a high. the fix, the fear index, has pulled back. no worries at the moment. sector to center i am seeing banks moving forward. dennis: thank you very much, nicole. cheryl: the deal is done, the government is open, and the debt ceiling has been raised. but there looks to be billions of dollars in questionable spending in the bill as well as more budget fights coming on the horizon. i have you covered on everything happening in washington. peter barnes standing by at the white house. rich edson at capitol hill. how did the meeting with national budget leaders go this morning? peter: it was more of a photo op as they tee up the next round of budget talks. as that was just wrapping up, the president was making comments at the white house, and he thinks democrats and responsible republicans for the deal that reopened the government last night, and then he went clearly after his tea party and conservative republican critics in the house putting the blame for all of this squarely on them. take a listen. president obama: the moment the economic recovery demands more jobs, more momentum, we have yet another self-inflicted crisis that set our economy back. and for what? peter: the president laid out his agenda for the rest of the year. trying to get a responsible budget in negotiations with house republicans and with congress. immigration reform. and a farm bill, which was a little bit of a surprise but a farm bill on the hill. and we want to roll to that photo op for you this morning. all of the leaders of the two budget committees, ranking members and the chairs having breakfast together to try and get all this started, but no comments to reporters on any progress they've made in one day. cheryl: they've been talking so much over the past two weeks. you are covering another angle of the bill. that is the pork in the new spending bill. you have got to be kidding me. rich: he did not think it would raise the debt ceiling and continue spending. the one most people are looking at is the on said lock and dam project going on for years come up 20 of crossover run. mostly located in waterways in illinois and kentucky. mitch mcconnell, his opponent saying this is the kentucky kickback. however it is mostly put in there according to the folks in the senate and senator dianne feinstein and others in the committee or subcommittee that would steer appropriations. taxpayers say it is an increase of spending authority. $1.2 billion in this proposal with the supporters of that say actually the funding would have run out. that is a kind of stuff you hear about. colorado flood relief $450 million, and a senate death benefit. if you die in the house or the senate while you are serving, they pay your salary out to your surviving family members. senator frank lautenberg was worth somewhere between 50-$60 million. cheryl: big new york story today here in this area is the fact his wife doesn't really need the money. that is a good one. rich edson, thank you. and peter barnes. dennis: the fight is over, but three more big washington battles looming on the horizon. i budget agreement. and they will run out of money again. and risk another debt default. joining me now from washington, congress learned anything from this self-imposed crisis or is the brinkmanship going to get even worse? >> i think we're going to have more than ship. over the last two weeks or so when the polls came in about the republicans and how they were looking at all of this, there were a number of republicans second guessing the that got us, took us through the recent standoff. i think they are reassessing how they want to approach the next group of deadlines. i think we're going to have some more standoff and brinkmanship, but messaging will change a little bit. dennis: a lot of people are saying the reason this all happened is because republicans and democrats are so far apart in what they want. but is it a big factor really the lack of stability? we are so demonizing the opposition instead of trying to find a way to kind of come together. >> yeah, unfortunately we saw a little bit of it in the president's remarks a little while ago. it seemed to me, sounded to me to be very backward looking and in a scolding tone rather than looking forward to find common ground and leave the parties in a direction of coming up with some kind of deal. it is a broader cultural problem. washington reflecting what is going on in the rest of the country an what goes on with thr constituents. i don't think this is a solely washington problem. dennis: it is what is going on on real housewives of new jersey. taking over washington. you say this deal if that's so great it will merely delay the inevitable. what is the inevitable? >> maybe i am being naive or a wild optimist. i think there is a chance to get a small budget deal. republicans are in really good position, have sequestration to trade that for some longer-term entitlement cuts. i think that could be a good deal because the bigger budget problems are not in the immediate term, they are farther out with entitlements. i think that is a good thing. i don't know exactly where the deal is going to be on the debt ceiling because republicans are going to come back to obamacare, which is a nonstarter, and over the next week or so re-strategize, find out what they want to get out of the debt ceiling. they don't want a clean debt ceiling lift. after the last month we all know, most of us knew going in obamacare was a nonstarter in washington. dennis: we are now at the end of the government shut down. i don't necessarily hear america breathing a sigh of relief. thank you for being with us today. >> thank you, dennis. cheryl: the economy taking $24 billion hit due to the government shut down according to analysis. our next guest says he is worried it could be a mess even bigger problems brewing in our economy. chief investment strategist. estimates 2.7% growth for the fourth quarter. >> i do agree. at the same time, the markets, the stock market held in there pretty well during the debt debate. and there is precedence for that going back to the last shut down, the s&p was down slightly, but the dow was up a little bit. we have been ignoring some of these hidden problems here be it cheryl: are there other issues you are looking at as the problem? >> the fed came out yesterday and said $24 billion hit to gdp, four of the 12 regions across the country are seeing slowing growth and that has started to translate through into earnings. nobody is talking about earnings because we have been talking about washington. the earnings season has gotten off to a lackluster start. ibm last night was the latest. cheryl: goldman sachs. they have some revenue. 44% year-over-year. 44%. >> i still like financials. bank of america yesterday was pretty good. jpmorgan kind of iffy. with the big banks continues to be hit or miss, i like more of the niche financials, insurance companies, some of the processing banks. financials, i still like them because they are relatively cheap but not so much the big banks. cheryl: what we have seen so far, for the most part we have a lot of lowered estimates out there. which companies are still missing. are the markets too far ahead of themselves westmark are the market participants not paying attention to what has seen? >> i think next year we could reach that point. the p/e for the s&p 500 and the dodollar still within reasonable range. if we have another one in stocks like we did this year, and earnings growth is continuing to trudge along, we could start to get into that elevated territory where i would say stocks a little expensive, maybe take a little bit off three at cheryl: were still staying with those overweight. staying positive. thank you. >> thank you, cheryl. dennis: in mark cuban insider-trading scandal. was he targeted because he is a celebrity? tweet us. cheryl: stock hitting a two-year low at ibm. why edward snowden could be behind this. that is coming up. there is ibm, and we will take a look at energy for you. another side effect of the shut down. traders say it is a key psychological level. watch crude today. [ male announcer ] need help keeping your digestive balance in sync? try align. it's the number one ge recommended probiotic that helps maintain digestive balance. ♪ stay in the groove with align. cheryl: doll off session lows. three stocks the true source right now. goldman sachs, united health. take a look at ibm. a two-year low. 175.32. here is the impact, 73-point impact on the dow. the other names on the screen are actually making up for a big chunk of ibm. one of the things ibm actually said in their quarter was they were having a hardware sales issue in china. a crucial market for them. ibm supplies technologies for global companies, china and government. now big piece of this was reports talking about edward snowden. all the cyber threat and the cyber leaks in addition to edward l mack edward snowden activities and the spine going on. that is something many are pointing to with ibm as a big issue because global companies and governments do not trust u.s. companies. there were about cyber security and networks. the going to want to watch out for earnings from microsoft next week and you're going to want to watch others. it can be a security risk. going back to edward snowden who kicked the story off early this year with regards to cyber attacks and the possibility. i am usually spying every 15 minutes on nicole petallides on the new york stock exchange. we see what you're doing, fixing your hair, drinking coffee. how is your morning? nicole: it can be tricky, but we make it through every 15 minutes, make sure we're covering the market for you. we do have a mixed bag with the s&p higher. let's keep an eye on ebay. the stocks are coming out with numbers better than the forecast in particular. the third-quarter report in line with wall street. the forecast going forward is slightly below the analyst estimates. down 3.5%. the number four loser in the s&p 500. amazon to the downside on the heels of this news. ebay's long-term outlook still positive. the shares are likely to be rebounded and deutsche bank says the results are nothing to get overly excited about. cheryl: thank you, nicole had stomach. dennis: what is bugging me is the mark cuban insider-trading trial. government prosecution as a personal grudge pursued not because of the profits. or any victims were hurt. because the sec wanted to make an example of this renegade. a target a multi-celebrity and shame him into settling, insider-trading should be rooted out across the land. see the persecution and prosecution of martha stuart in the meltdown a decade ago while missing the real crimes of bernard madoff. but cuban fought back and he won. five is about a case $750,000 avoided losses taking four hours for the federal jury in dallas to toss the case and acquit mark cuban. yesterday he told reporters "the sec regulates through litigation, and that's its own problem. this is a horrific example of how the government does work. cuban says he's glad he could afford to stand up to the sec. so am i behead tweet me. did they target him because of his celebrity? your turn to weigh in. cheryl: he had big reasons to smile. that went on for years. dennis: five years. coming up on "fox business," and exclusive. they have mark cuban's lead defense counsel. cheryl: that will be a great interview. coming up on the show, shining a light on the solar industry. we will be making some money with charles payne. dennis: facebook loosening the reins on its teen users. advocates could give the latest move a thumbs down. details ahead in my media minutes. here's how they are faring against the u.s. dollar. when we made our commitment to the gulf, bp had two big goals: help the gulf recover and learn from what happened so we could be a better, safer energy company. i can tell you - safety is at the heart of everything we do. we've added cutting-edge technology, like a new deepwater well cap and a state-of-the-art monitoring center, whe experts watch over all drilling activity twenty-four-seven. and we're sharing what we've learned, so we can all produce energy more safely. our commitment has never been stronger. ido more with less with buss energy.hp is help. soon, the world's most intelligent servers, designed by hp, will give ups over twice the performance, using forty percent less energy. multiply that across over a thousand locations, and they'll provide the same benefit to the environment as over 60,000 trees. that's a trend we can all get behind. >> 24 minutes past the hour. this is your fox news minutes. very strange side note to the house passing the bill to end the government shutdown. the stenographer in the house was carried from the chamber last night after she yelled into a microphone about god, a divided government. she was removed and taken into custody for care. the head of the national security agency plans to retire in march. the general defended the nsa mass surveillance program. he became the public face of the secret collection of communications records in the name of national security following the disclosures by former nsa contractor edward snowden. remember that giant meteorite that hit across the sky in february and then landed in russia? scientists actually recovered a very large chunk of it from the lake it crashed into. 1600 people injured by the shockwaves from that meteorite when it hit earth we had those are your news headlines on the fox business network. i better check ebay to see the chunks have shown up yet. cheryl: thank you very much. time to make some money with charles payne. he is taking a look at solar stocks. charles: the solar stocks have been crazy. solar city up 40% since last thursday. i am already calling that to be the tesla of this year and next year. this is a chinese play in this space. tremendous earnings recently. they bea be destroyed by 600%. they signed a contract in california in indiana, terrio, south africa and the first private solar plant in india. since june. it is one of these names that is a momentum play as well. some of these modules and panels are relatively cheaper. we have a gigantic tariff on them, very contentious. you will end up dissolving that because it is getting in the way of other things much more important of u.s. and china trade and solar panels. of course if you want to promote it in america, have the cheapest source of it. cheryl: do you still like the other names? cheryl: we are up 190%. raise the target on solar city. dennis: a sunny outlook. hackers from government to major corporations, but my new study things it is a small business that has hackers giving them fits. cheryl: the number of cyber attacks may be flying high, but you could be as well as one company has its way. making air travel experience like walking on air. take a look at the winners on the s&p. there are some winners, but some names in the green. we will be right back. stick with innovation. stick with power. stick with technology. get the flexcare platinum. new from philips sonicare. if you have business idea, we have a personalized legal solution that's right for you. with easy step-by-step guidance, we're here to help you turn your dream into a reality. start your business today with legalzoom. cheryl: hackers targeting small business. if your company at risk? 150 ilion dollars i make over. the details. and gold back in the green. we will be live. stocks every 15 minutes, let's go to the floor and nicole petallides. blue chips and pet smart under pressures. nicole: so much going on in wall street. the major averages. the dow under pressure down 45 points. the s&p 500 up 13th of 1%. the nasdaq up nearly half of 1%. ibm and some others are weighing on the dow. look at pet smart. down 1%. coming up with third-quarter sales outlook and that is forecast weaker than expected. as a result you are seeing it to the downside down about 1%. cheryl: nicole, thank you very much. dennis: the smaller they are. the small business is under cyber criminals. a recent study from verizon claims 70% of data breaches in 2012 occurred against companies with fewer than 100 employees. that is the focus of cyber security expert and foxbusiness.com contributor. joining us now from washington. small and beautiful. >> no, they face as much risk as larger companies. a lot of times they think what do i have that would attract the target of criminals or intelligence agencies. reality is all data is valuable. you can have pieces that are very compelling information story and data that countries and criminals want to steal. dennis: is the difference between a target information hackers are seeking versus the kind of information they are seeking in a small business site. competitive intelligence that so much the goal in a smaller business. >> sometimes it is, actually. you think about the defense industry, lots of the subcontractors have a lot of very important information. i've referenced in my column, they uncovered an attack on the operation where the chinese basically started pursuing large companies but once they realized there was a lot of important data, they specifically targeted them or were able to come away with pretty devastating leaks to our national defense space. dennis: if i have a small business, do you basically have to buy the very same exact big tools the huge businesses use for anti-hacking or are there some tools that are tailored to small business needs quest mark >> you want to get in the same category of types of protections protecting against the threat, protecting against somebody putting a rogue flash drive into your computer and walking away with information. you certainly don't need to bite on the scale a large business does. and you can piggyback off of your larger business partners because remember it is in their interest if you are working together all of your data is protected. there are ways to do it in a more cost-effective manner but they had to consider the threats just like big business would. dennis: in retailing a work to protect against outsiders coming in and shoplifting. their own employees steal more than actual shoplifters in the small business is the hacker enemy their own employees? >> it can be their own employees as much as it would be for a large business. we have a grievance against an owner, another employee, they want to do something like edward snowden and embarrass the company, they can steal the information just as quickly. which is why they are not immune from the defenses large companies have established. they had to prevent data loss to make sure stays on the computer the it dennis: a curveball for you. this one time at summer band camp. can you give us worse example you can think of the small business that got hacked really badly? >> there is a story going around, the company's name isn't disclosed but a story involving a company over the years investors close to $1 billion in intellectual property for the automobile industry located in the midwest. what happened was the chinese allegedly the chinese came in, 10 or 15 minutes stole intellectual property and the company had no value essentially after that because they came in and counterfeit parts all over the world they had developed with their own intellectual property and they could not compete against that. it shows you how incredibly dangerous this could be. dennis: great artists steal. viewers be sure to log onto foxbusiness.com for the latest cyber coverage and to read his latest column. cheryl: redefining the air travel experience. a company that looks to end cabin fever. dennis: flying high. look out, mom and dad. facebook is letting her teenagers run free. relaxing privacy rules for those adolescents, but parents, some of them will not be happy about that. take a look at the 10-year treasuries. [ male announcer ] once, there was a man who found a magic seashell. it told him what was happening on the tradg floor in real te. ♪ the shell brought him great fame. ♪ but then, one day, he noticed that everybody could have a magic seashell. [ indistinct talking ] [ male announcer ] right there in their trading platform. ♪ [ indistinct talking continues ] [ male announcer ] so the magic shell went back to being a...shell. get live squawks right in your trading platform with think or swim from td ameritrade. nice car. sure is. make a deal with me, kid, and you can have the car and everything that goes along with it. ♪ ♪ so, what do you say? thanks... but i think i got this. ♪ [ male announcer ] the all-new cla. set your soul free. you really love, what would you do?" ♪ [ woman ] i'd be a writer. [ man ] i'd be a baker. [ woman ] i wanna be a pie maker. [ man ] i wanna be a pilot. [ woman ] i'd be an architect. what if i told you someone could pay you and what if that person were you? ♪ when you think about it, isn't that what retirement should be, paying ourselves to do what we love? ♪ tracy: the fed president is seeing great signs of the u.s. housing bubble. he warns of the ongoing purchases with state bonds. again, said he would not argue for tapering at the next meeting. remaining near three-month lows. the average 30-year fixed rate increased 4.28% up from 4.23% last week. jpmorgan chase to nine reports it is adding capital control of some account. reports indicate the bank will limit cash withdrawals for certain business for the checking account starting next month. that is latest from the fox business network, giving you the power to prosper. dennis: government employees returning to work after two weeks off in that shutdown. vice president joe biden laying out the welcome mat this morning for returning staffers at the environmental protection agency. those furloughed workers will be getting back pay for their time off. cheryl: $150 million to make over all the cabinet cabins of e triple seven aircraft. joining us is regional vice president. thank you for being here today. let's talk about these aircraft. delivering the first aircraft from boeing. his singapore still committed to bowling? >> yes. thank you for having me on the show. i think boeing is a great company. it manufactures great aircraft and we fly one of the largest fleet, 777, in the world it would definitely committed to boeing. cheryl: left talk about the new design on the plane. the new aircraft is really from boeing considered the finest and the newest of the 777. we're showing pictures o to our viewers. the swipe of both televisions. this is really leisure at a whole new level. read on for business travelers or are you going for the leisure traveler, what is the target market? >> it is a mix, actually. while a lot of travelers are business traveler, we have a premium leisure and luxury traveler that appreciate the service and product. it is a mix of both. cheryl: when you look at the global map, the flight map for singapore, obviously los angeles is a major hub for you, but are you finding it is the u.s. really where revenue is coming from, or is it more parts of the world, the middle east to asia, are those better performers? >> our strategy has always been to strike a balance and to your question, in line with that strategy it is tapping different markets including the u.s. as well outbound to asia and southeast asia region as well as bringing business customers from asia across to the u.s. i would say it is a balance of other markets. cheryl: that there is not a top market? even like united, they're really trying to go for the middle east if you will because the middle east, the emirate in particular are very successful. it seems the middle east travelers are really becoming the new target for the airline. >> i can only speak for singapore airlines. we serve three to six hours, including both china and india as well as australia. we are in a sweet spot. cheryl: asian travels one of the most lucrative, american airlines knows that as well as united and elder. thank you very much. it will be interesting to see how these airplanes, how they appeal to the travelers. thank you, sir. dennis: time for stocks now. chief technical strategist of gray wolf execution part nurse. they are readying their earning reports. >> let's take a look at a couple of heavyweights. the stock actually missed the second-quarter estimates by 11%. stated to earn revenues of 14.82 billion. highest estimates 11.37 per share. the stock jumping year to date but is sideways last few months. if they can recall right, and that would allow them to get back to their all-time highs which are 4% above current levels. chipotle is one of my favorites. 820 million. estimates 4.7%. worth noting, chipotle has beaten estimates in five of the past eight quarters with revenue estimates on six of the last eight so the stock at this time last year trading 234, up over 87% in the last year trading 440, which is right near its all-time highs maple 2012. dennis: you can order the market reader right there. cheryl: they're putting guacamole on salads. how great is that. as the government is reopening today. the trading pits of the cme. phil flynn. that has been a great sidebar to this whole story. phil: it has been. everybody was saying there is no safe haven. saying this is going to be potentially like a lehman effect. very inflationary. just about every analyst in the world seems to get bearish on gold. we'll get gold today, up $37 right now because once we got past the government shutdown we know we will see a lot of quantitative easing going forward. another funny thing happened. when the price of gold fell as hard as it did, we sought saw it rebound. they were trying to buy in the holiday season. another thing brining in buyers from asia, they bought the chinese debt. who knew. lowering the credit rating, causing them to buy even more gold. cheryl: we are seeing these headlines crossing. a potential rupture in northern alberta. are you hearing anything there? >> we have heard. they responded very quickly. they don't know where the pipeline is. they shut down the terror system. this comes from the canadian oil. at least from a political viewpoint shutdown. but there has been no explosion. they haven't found where the leak is. if it is a small leak, they will be up and running within 24 hours. cheryl: city transcanada pipeline in its position in the united states has been a great political story to follow as well. thank you very much. dennis: in today's "media minute." facebook shelling teenagers. loosening restrictions on adolescence. they would not let them post be readable to anybody outside of the facebook circle. a very large circle to be sure, but now facebook says the teenagers can elect to have a post put up for the entire internet to see. teenagers are among the savviest users, but watch for privacy crews to protest. a 13-year-old is only so savvy. ebay meets the nsa spy scandal. joining forces with the uk journalist who broke the edward snowden and nsa affair for an investigative news service. leaving "the guardian" to work on a new venture which is a for-profit enterprise. good luck with that. his comcast $1.3 billion will add budget up for grabs? comcast they review the business two years after splitting it with ad titans. you only do that review because you may want to make a change. cheryl: and testing with privacy of teenagers. most teenagers do not want privacy. this is how i feel right now. i am upset the edi. there is no privacy, it seems. despite the continued threat of a strike, public transit running on schedule as of now. is this simply the strike that cried wolf? dennis: mark cuban acquitted, but was he unfairly targeted by the sec in the first place? your response to what is bugging me next. and a look at the winners on nasdaq. 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(vo) meee-ow, business pro. meee-ow. go national. go like a pro. cheryl: time for your "west coast minute." talks continue but still no official strike being called in the san francisco bay area. union leaders and transit officials continued working under federal mediation to try and put an ending the contract. they would not disagree the mac agree on the benefits. officials have approved a bill that would restrict the use of pesticides by companies that develop genetically modified crops. why has become a major breeding hub for dupont and dow chemicals. the pesticides are bothersome and potentially harmful. a small cell business is being bombarded by obamacare complaint calls. a small world production. time "the seattle times" they have tried to contact federal officials but because the shutdown, no one can help them. their phones are ringing off the hook for three weeks. people saying they are the complete line for obamacare. they are not. just letting you know. and that is your "west coast minute" w." dennis: with the sec target mark cuban because he is a celebrity? they say no, it is because of how outspoken he has been on high frequency trading and lack of regulation by the sec. and says i don't get it, wasn't he in possession of material, nonpublic information? and says of course he was targeted, how about the government worry about the bernie madoff of the world? and the sec after mark cuban in response to inspector general for not pursuing criminal activity. wanting a verdict against high profile target. cheryl: smiling in his twitter picture as well. we will see how the mavericks do. he is fun to watch, by the way. we will hear straight from the source on the mark cuban story coming up in the next hour. mark cuban lead defense counsel will be on the show with lori and adam. dennis: coming soon to a government near you, government shutdown fight part two. why the battle coming in january could be even worse. next hour on fox business. [ male announcer ] need help keeping your digestive balance in sync? try align. it's the number one ge recommended probiotic that helps maintain digestive balance. ♪ stay in the groove with align. ♪ sometimes they just drop in. always obvious. cme group can help you navigate risks and capture opportunities. we enable you to reach global markets and drive forward with broader possibilities. cme group: how the world advances. ido more with less with buss energy.hp is help. soon, the world's most intelligent servers, designed by hp, will give ups over twice the performance, using forty percent less energy. multiply that across over a thousand locations, and they'll provide the same benefit to the environment as over 60,000 trees. that's a trend we can all get behind. help the gulf when we made recover and learn the gulf, bp from what happened so we could be a better, safer energy company. i can tell you - safety is at the heart of everything we do. we've added cutting-edge technology, like a new deepwater well cap and a state-of-the-art monitoring center, whe experts watch over all drilling activity twenty-four-seven. and we're sharing what we've learned, so we can all produce energy more safely. our commitment has never been stronger. adam: welcome back to "markets now." i am adam shapiro. lori: i am lori rothman. good news, the government is reopened. adam: we are just nine days and 11 hours away from the next showdown in washington. less than four hours, that is all it took for the jury to clear market cuban on insider trading charges. lori: what can brown do for you? try to the printing. looking to print engineering parts, prototypes and models. adam: first, we want to get a check out markets. we saw some run-up yesterday. today, a little pullback. >> the s&p above all time high right now. adam: let me ask you about goldman sachs. do you buy the explanation? >> all of the banks have been a drag.

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