Transcripts For FBC MONEY With Melissa Francis 20141023

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after yesterday's triple-digit plunge. on track to head into positive territory on the year. transports and consumer stocks playing a big part in the rally, as well as stellar earnings from caterpillar and 3m. here to discuss all of it, very own charlie gasparino. jack hough, a senior editor of "barron's." spencer ant day, cofounder of who we use. thanks for joining us. what do you think of the rally? >> earnings have been decent. we're about 35% of the way through earnings season right now. if you look at the latest numbers from thompson, based on what we've seen so far they think we'll see 7% earnings growth a little over 7% and 4% earnings growth. if we do that going forward stocks are probably a pretty good deal though. melissa: so much volatility though. >> when is qe scheduled to end? melissa: how many more months do we have left? >> couple more months. melissa: not long. >> we were talking about ebola. talking about slowdown in europe. talking about bad earnings. things have turned in a few days. apple crushed it. nike crushed it. melissa: they turn and turn again i don't know. >> that is volatility. risks are taken off the table. ebola threat is receding. good numbers out of europe, okay. melissa: what about canadian parliament? what about lone wolves all over the place. what about somebody climbing white house wall yesterday? >> listen, barring you have to really watch the fed. >> of course. >> the only thing you have to do here. if the fed will do qe sooner, end qe sooner, raise interest rates sooner i think you start selling stocks. melissa: there is opportunity for all the volatility for sure. canada's parliament making emotional return to the capital following a deadly shooting spree. it is anything but business as usual. earlier today the national war memorial, a man arrested at gun point just steps from the prime minister, stephen harper. authorities claim the man crossed police boundaries while harper and his wife mourned soldiers slain in yesterday's attacks. this is very dramatic footage. canada's head of state, not only one being targeted. a 23-year-old maryland resident in custody after breaching the white house perimeter. the dogs got hit, wow. the dogs got him. >> score one for the dogs. melissa: yeah. >> these guys, al qaeda, isis, i mean, you look at things they're doing, they're publishing magazines. glossy magazines. sending to english speaking countries. they're basically handbooks for lone wolf type people out there. melissa: it is working. >> tell them -- don't try to put together a big, complex attack because you might get caught. take things you have around you and try to kill a couple of people. these magazines are out there. people read them. i'm worried we're going to see more attacks like this. melissa: we'll talk about that later in the show. what is the vulnerability here in the u.s. charlie, what do you think? >> i think it is, this gets back to the obama administration. i mean, listen, when do markets really get wobbly here? when we talk about the fed, whether they mike raise interest rates early or whatever. and when it looks like the obama administration is completely inept and they can't handle certain crises. that is when you see a lot of problems. now yesterday the market sold off a little bit based on this. melissa: triple digits. >> but it was up the day before. i don't know if it was directly related. could have been a lot of reasons. this is the problem president obama has. the investing public has lost complete and utter confidence in him. that is what ebola was all about. wasn't that people are significant around thinking okay, the united states will be stricken with ebola like west africa is. the administration does not have a does not have a plan. >> put these things into perspective. unfortunately we live in a world with a lot of crazy people that will do a lot of crazy things. this is latest example. doesn't mean the world will end. to make my point, the flu kills 20 to 30,000 people a year. ebola kid a couple people in america. why are we freaking out? >> you have administration lies to you, doesn't lie to you, but spin it can't get it somewhat casually, we're totally prepared. the train could come off the tracks at anytime. terrorism -- terrorism has the same impact. >> i'm not sure personal opinion about obama driving markets. >> come on. really? melissa: no, it is hell in hand basket theory. there are a lot of polls from a lot of difficult organizations -- >> you think ebola rates -- you. >> think investing public when we talk about institutional investors that control this market has a lost faith in this administration? they don't. >> confidence in the obama administration is on the decline, there is no question. melissa: apple finding itself bogged down in double trouble. customers using newly implemented apple pay, everyone was so excited. reportedly they got charged twice purchases. glitch affected a thousand transactions. they were refunded. talk about a crisis in confidence. i don't want to get charged twice for my starbucks. that is not nice. >> one of the few people that got charged twice are -- i'm glass half-full today guy today. melissa: okay. >> i remember when people were talking about iphone is bending and it will kill apple. melissa: right. >> the sales are through the roof. people love this phone. they love -- melissa: whether ripping your hair out of your head or bending -- you want it. >> doesn't matter. you know what? the same thing will happen with apple pay. it will take a while. i called today to get one they were sold out in my local store. i'm not happy about that. there is not enough supply to meet demand. apple pay will slowly build momentum and probably a huge financial payoff for apple. melissa: charlie will never getting on. he will never get out apple. >> they will have to work out the kinks. >> apple pay doesn't make money for them. not expected to make much money going forward. melissa: they get a percent. >> but this much money. melissa: everyone using, i wouldn't count it out. it could be levered into big things down the road. i think it could be a big thing down the road. long time policy of one big cigarette maker going up in smoke. telling employees, starting next year they're no longer allowed to smoke at desks or in common areas. do you believe they were doing this? this is progressive stance, if it were 1968. this is, look at it both ways they sell cigarettes, saying you can't smoke at desk or in common areas, admits there is something toxic about smoking. at the same time, can you imagine a place left in america where you can sit at your desk and smoke? everything about this story to me is, who would like to go first. >> i'm old enough to remember newsrooms, you used to be able to smoke inside newsrooms at your deck. melissa: what was it like? >> you were required to smoke. >> we talk about political correctness, newsrooms back when i first started in 1980s were very politically incorrect places. you could smoke and you could curse. melissa: we still curse. you curse on tv in fact. we're in trouble with that all the time. i'm sure it will happen again. >> who are they kidding? these are companies, i hate to say it, they, careful, careful. >> they manufacture stuff that causes cancer. >> with the world coming to an end for smoking how has reynolds stock more than doubled over past year. they're still use doing okay. melissa: they have view brand and smoked tobacco. they have 25thousand employees and percentage of employees that smoke is same with the rest of the country, 18%. 18% of people still smoke? really? >> if you work at anheuser-busch can you have a six-pack at your desk at the end of the day? melissa: i wouldn't have thought you could smoke. >> i think you could have a drink at anheuser-busch. melissa: probably. romance apparently not dead after all. alive and well heated by hot fires of bloomin' onion. to create a lover's lane of vinyl booths, out back having a date night menu. get a bloomin' onion and cheesecake to share and salad for roughly 40 bucks. i love outback, are you kidding me? outback is my second favorite place for a date after the shake shack. >> this is brilliant idea. whenever one of my friend is having a child. i tell them two things. mass sell to have and get a babysitter one night a month. melissa: go to outback. >> have a date night. have a date night. totally playing -- melissa: go out one night a week, are you going to outback again if only going one night a week? >> i think it is smart. a lot of people will take advantage. >> what about people who can't get dates? what about singles night? melissa: if you go, if we go to group from work, do we have to pair up in order to get the discount? they're fighting back against the idea more people go there for lunch and it is a lot cheaper. they're trying to get people to go for date night. is outback, you don't like the olive garden which i love. are you prejudiced against outback as well? >> i love outback. i can never convince my wife to get to outback. melissa: that is totally different price point. gentlemen, thank you very much. let's all go to outback this weekend. holiday shipping wars already in full effect but some are feeling more like a lump of coal than a festive gift. plus struggling for answers amid a rising tide of terrorism. more money, maybe some answers coming up next. ♪ [singing "o canada" ♪. banking. loyalty. analytics. synchrony financial. engage with us. means keeping seven billion ctransactions flowing.g, and when weather hits, it's data mayhem. but airlines running hp end-to-end solutions are always calm during a storm. so if your business deals with the unexpected, hp big data and cloud solutions make sure you always know what's coming - and are ready for it. make it matter. an unprecedented program arting busithat partners businesses with universities across the state. for better access to talent, cutting edge research, and state of the art facilities. and you pay no taxes for ten years. from biotech in brooklyn, to next gen energy in binghamton, to manufacturing in buffalo... startup-ny has new businesses popping up across the state. see how startup-ny can help your business grow at startup.ny.gov melissa: stocks surging today in one of the year's biggest rallies. the dow inching toward a 300 point jump for the day. we'll see why the bulls are back. nicole petallides on floor of new york stock exchange. what is inspiring this rally, nicole? >> it is pretty interesting. everybody is back to the fundamental as least for now, melissa looking at earnings and that's been really leading the way. the dow jones industrial average is up as you noted 284 points. that is a gain of 1.7%. so certainly doing great across the board. we're seeing up arrows in just about every sector aside from telecom. that was weak because of earnings also. at&t. talking about names we're following, caterpillar which beat profit views. that's good. increasing outlook and with that it has been jumping. the other name we're watching is 3m. 3m also strong sales with profit increase and that too is a real winner. volatility is still here. we're on our 24th consecutive day of some big swings on wall street. back to you. melissa: nicole, thank you so much. canadian police arrest amanda at gunpoint steps away from the country's prime minister. the incident follows yesterday's shooting that left one soldier and the attacker dead. fox business's peter barnes has been watching events unfold. peter what can you tell us? >> melissa, that's right. a scary moment back at the war memorial in ottawa this morning when prime minister stephen harper went there to lay a wreath to honor the soldier, natan cerillo, fatally wounded at the site by that shooter. during that ceremony, a man crossed the security line and, of course was immediately taken down, by police, with their weapons drawn. he was arrested, when he was searched. they didn't find any weapons on him but an investigation into this man's action is underway right now. also want to give you the latest here at the white house. white house press secretary josh ernest briefing reporters on the latest from the u.s., from this side of the border on the shooting yesterday and, josh earnest actually following prime minister harper's description yesterday of the event as a terrorist shooting. take a listen. >> our hearts go out to the victims of the despicable terrorist attacks that occurred in canada this week. canada is one of our closest allies, partners around friend in the world and we stand to shoulder with them in solidarity. >> but we're not hearing from canadian authorities or u.s. authorities on, exactly, why this would be a terrorist attack. whether or not it was just a lone wolf who was radicalized or whether he was part of some kind of terrorist network or sleeper cell. the investigation obviously still ongoing. melissa? melissa: peter, thank you so much of the threat of a lone wolf attack putting people in this country on edge. many raise the possibility of one occurring here on u.s. soil. experts say they're almost impossible to predict or prevent. we have jonathan gilliam, president and ceo of united states continued service. he is former navy seal. tom ruskin, president of cmp protective, investigative group. also a former new york police detective investigator. tom, you're a crisis manager for the mayor. you dealt with a lot of similar situations here in new york city. you were right on the money yesterday when we were talking about this on the show. what do you think now, as the situation has unfolded and how do we stop this from haing in new york or anywhere else around the country. >> let's talk about every city in this country because the whole country faces the same problem. melissa: right. >> you really can't stop it. if it is an individual who is in his basement who is becoming radicalized on his own, not at all involving anyone else it is very difficult to stuff. we know from faisal shahzad in may three years ago, went to times square to detonate himself only because he failed terrorism school. melissa: you do try to protect against it, and you feel it is almost impossible to prevent, what can you do. >> what you can do you targeting the way people, we say are radicalized. you find out a mosque that hint of that, that mosque is gone, investigation open. you have a website, you get rid of it. that is the first and foremost thing. you can concentrate on those things. melissa: in this particular case with the man in canada, they knew he was a threat, they knew he was a problem. they had taken away his passport. so he turned up on the radar but city, i mean is there more that could have been done? >> probably. that will roll out as we know more about the investigation, what was done. what we learned from the tsarnaev brothers, the guys that did the boston bombing. they were on the radar to jonathan's good point, those are the people we have to learn from these experiences. law enforcement and intelligence network of how to deal with them and how to stop them. how to target them, learn this happening and bring them down. melissa: how can you be more aggressive once somebody crops up on the radar without infringing on their rights? >> tom will tell you, precedent is already there. this is how we handle bank robbers fingerprints. this how we handle violent criminals on the radar. we follow them and take active role in the case. we don't sit back and say they're part of a religion. we have to kind of keep our bounds. with bank robbers -- melissa: that is a big part the problem. >> that's a big problem. melissa: say you're infringing on their religious rights, they're targeted, protoo file. -- profiled. >> there is a threat coming out after specific area, listen that day and age is gone. tough start looking at this from a threat perspective. melissa: do you agree? >> absolutely. have to protect the fourth amendment and our constitution and people's rights but at certain point in time law enforcement has to take more aggressive stand and learning from the incidents and what we will do for the future. melissa: gentlemen, thanks for being here. >> thanks for having us. melissa: how london's iconic buss are going driverless? people on food stamps told to start looking for work. but wasn't that a requirement already? "piles of money" on the way. melissa: get a quick check on the markets. we're having fun here in the commercial break. you're making money today as the dow gets closer to a 300-point jump. on track for the biggest gain of the year. the surge fueled strong earnings by likes of caterpillar and 3m. we'll keep our eye on this as the market moves higher today. you have to work hard for your money and your food stamps. next spring, thousands could be cut from indiana's food stamp program. turns out to qualify you have to actively be looking for work. fox business's own david asman. jack hough is with us as well. indiana previously waived federal requirement that food stamp participants have to be employed full time, actively looking for work or training program in the future. doesn't seem very stringent those requirements. >> not only not stringent we've been here before. in 1996, we had welfare reform. tremendous welfare reform and both republicans and democrats under president clinton got together to do it. there were main points of '96 welfare reform. five-year limit on benefits. require recipients search for work, otherwise welfare to be removed. have states replace the replace with welfare to work program. welfare rolls went down 60%. child poverty biggest decline in 30 years. single mother families, 25% better off. melissa: this only applies to able-bodied adult without children the if you have children the rules do not apply. you can't say you're taking food out of mouths of children. >> crucial point, for family with kids, these are some of the best dollars we spend. they're targeted and effective. changing rules for families without kids, that is a different story. we have to be careful that kids are not harmed. melissa: is that all you got over there, jack? it doesn't include kids. >> not only that, even those welfare reform policies that did affect families with kids, specifically the ones with families with kids, kids ended up better off after the workfare went into place in '96. much better off. >> fine tune this program is fine but i do think we have to be careful about demonizing food stamps. melissa: okay. >> it is an important program. melissa: let me help with you your case over there, jack, i'm not sure you're making such a strong case. >> thank you. melissa: those on the other side, you said in the break you're not much of a liberal. turns out you really aren't. >> that's right. >> trying to paint you in a cornmelissa: some folks say mony better spent helping people find jobs rather than managing whether or not they're on food stamps. any effort we're putting into trying to figure out who shouldn't get food stamps should be put instead to helping people find jobs. that is the point you could have made there. >> the point -- melissa: never mind. >> point on food stamps. not very expensive and goes to thing we want which is food. not -- >> what you are doing specifically is consigning kids to this mentality of welfare dependency. this is something that even way back, when welfare started in the 1930s, with fdr he realized the worst thing of welfare it can create a sense of depend den system. throughout generations. so the last group on earth you want to have dependency mentality built into are kids. >> people with lazy parents shouldn't get cut off. >> kids that see the parents turn around is great inspiration. melissa: on that note, i want to point your attention but we're about to cross the 300 point mark. we're at 299 points higher. >> look at that. melissa: we told you earlier this is on back of some stellar earnings. a bounce-back after yesterday. we continue to see it, especially volatility in the market. this is going the ways of the bulls. david, what do you think? >> absolutely. this is a turn around. the problem is, and i mentioned there yesterday. when markets really changed dramatically based on headlines they're not as long as they would be otherwise. used to be a month or two ago these markets would climb walls of worry. now they're slipping on the walls, whether ebola, isis or terrorists. >> numbers coming from caterpillar. very important for global growth. coca-cola had poor numbers. we know why they're bad. melissa: jack, that was a good point. >> that was a good point. we all agree. melissa: the world's richest terrorist group as isis grows stronger is the key to defeat cut cutting off its income? >> new reports say the ottawa shooter acted alone. naval analyst who called it yesterday on the show, is back on the show. "piles of money" and more market moves coming right up. [ breathing deeply ] [ inhales deeply ] [ sighs ] [ inhales ] [ male announcer ] at cvs health, we took a deep breath... 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did the shooter have ties to a terrorist organization? chris is back with us now. you know, chris, you were right on top of it yesterday at that point in time. there were a lot of folks out there saying that this was a product of isis. what do you think now today as more details have come out? >> well, transactionally, it still looks like this was a lone shooter. what i mean by that, he wasn't directed by isis, financed by isis, he wasn't equipped by isis. he certainly may have been inspired by isis, we won't know what his specific ideology is until the investigation is complete. given the fact he was killed, that makes it more difficult to wrap up, but i'm sure that the canadian law enforcement is doing everything they can in cooperation with american law enforcement to tie this guy down, tie his profile down, see where he's been on the internet, who he's associated with. so i think ideologically he may very well have been inspired by isis, but transactionally, he was not command directed by isis. melissa: of course everybody talk about how that is going to be a bigger and bigger problem, folks that are radicalized, you know, by isis and turns into terrorists, how do we battle back against that? >> that is the biggest problem. there's three types of terrorists we're doling with, number one, the terrorists who originate overseas launch a spectacular attack. that's what mohamed atta and his crew of hijackers did on 9/11. the second type of terrorist is someone like the tsarnaev brothers up in boston who originate here in america, go overseas to get train ared or instructed, come back and conduct their attack. by far and away the most difficult to detect and deter one somebody like this guy up in canada who, by all accounts, was radicalized in place and then hauled off on a lone shooter attack. it's just incredibly difficult for the fbi or canadian law enforcement to predict and prevent that type of attack. melissa: chris, very worrisome, yesterday was the deadline that isis had set for the most recent hostage, peter kasich. what do you think? >> i think isis is going to kill whoever they can get their hands on. isis does not have a future in terms of its ability to conduct conventional warfare. they are near their limits now. they might expand more in syria and iraq, but they're not going to be marching across the border into turkey, rolling up on the gates of vienna like 500 years ago. this is not who they are. they understand their ability to achieve their strategic goals is contingent upon their ability to cause terrorist attacks throughout the west and north america. so that's what their going to keep doing. to the extent they can grab hostages elsewhere in the region, they're going to do that. we saw turkish criminal gangs in the process of organizing some kidnappings to sell them over to isis. this is the type of transactional terrorism that's going to be also very difficult because you don't have ideological basis, you just have a financial basis. guys looking to kidnap and sell hostages to isis. melissa: right. chris, thank you for the information. >> thank you. melissa: u.s. coalition airstrikes are delivering a heavy hit to markets selling oil on the black market, cutting off the terrorist groups. monetary supply may be a key factor in defeating them. rich edson has more on this angle. >> reporter: melissa, the treasury department calls isis probably the best funded terrorist organization the united states has confronted, citing a million dollars a day in oil revenue, $20 million this year in cansome payments. -- ransom payments. david cohen, to disrupt that, says treasury will accelerate its effort efforts to identify sanctions targets. many will have to eventually use the international finance system where they're vulnerable to sanctions, though he acknowledges the effectiveness of these measures is difficult to quantify. >> this is not going to be a exercise where we are going to, you know, at the end of every month be able to, you know, produce a balance sheet that shows what isil's finances look like. this is going to be, you know, a steady effort that will degrade isil's financing over time. >> reporter: as for regional partners in the fight against isis, cohen says saudi arabia and the united arab emirates are steadfastly committed to efforts to disrupt terror financing though he labels qatar and kuwait permissive on that front. melissa? melissa: rich, thank you so much. california going where others have failed. people in san francisco now trying to eradicate your oversized soda. plus, less than two weeks to go until some in d.c. may be given an eviction notice. this year's midterms set to be the costliest ever, but will cash really help a candidate in need? at the end of the day, it is all about "money." ♪ ♪ terrorists we're dealing with, melissa: i'm melissa francis with your fx business brief. the campaign against big soda is moving to california! people in san francisco and berkeley will vote next month on whether to tax oversized soft drinks. please. health officials say it will help in the fight against diabetes. trick city's taj mahal casino is going to remain open for now. trump entertainment is still looking for a way to rescue the taj by transferring ownership to billionaire carl icahn. and now uber is getting into the flu shot business? the instant car service is delivering free flu shots on demand within three cities today including new york, boston, d.c. no insurance required. that is the latest on the fox business network, giving you the power to prosper. ♪ [ female announcer ] we love our smartphones. and now telcos using hp big data solutions are feeling the love, too. by offering things like on-the-spot data upgrades -- an idea that reduced overcharge complaints by 98%. no matter how fast your business needs to adapt, if hp big data solutions can keep wireless customers smiling, imagine what they can do for yours. make it matter. ♪ ♪ melissa: markets in rally mode. the dow just off session highs, we did cross above 300 points a little while ago. let's bring in phil flynn for price futures group, a fox business contributor. energy one of the big sectors that's driving this rally. talk to me about energy, phil. >> well, it is. we're back up today, $1.68 on the oil. really this is the biggest comeback, i think, in the stock market since the royals last night. it's incredible. we're back above the 200-day moving average. look at the drop, big drop cans in the vixx today, even the gold market is down very, very substantially. oil prices, of course -- which were falling out of bed for a multitude of reasons, a big build in oil supplies, declining demand -- really seemed to turn around on report that saudi arabia actually slowed oil exports last week -- last month. that slowed down the rally, but the weakness in the market that we saw the last couple days is really coming back with the strength in the stock market. so is more confidence out there, there's that lack of fear today. that is good for the oil market right now. the other thing that i think is really interesting is if you look at what's happening with the wti contracts, the front end of the contract is trading at a lot lower than the back end of the curve, and that's basically a sign, you know, the sign that there's going to be a lot of oil in the u.s. melissa: phil, thank you so much. from the u.s. to every corner of the globe, money is flying around the world today starting in new zealand which has made the most epic flight safety video ever. air new zealand partnered with the team behind the hobbit trilogy preparing for an energy. you will fight dwarfs, elves and a battle scene, even an appearance from actor elijah wood. what did that cost? over to the u.k. where driverless buses could hit roads as soon as next year. the vehicles use gps to determine their exact location and navigate roads. the law will still initially require personnel to sit behind the wheel. that's a good idea. landing in hong kong where saxophonist kenny g has been bringing his smooth jazz. the musician caused a stir among the chinese government when he tweeted a selfie of himself in the middle of protests. that tweet has since been deleted, and kenny g now insists he doesn't know anything about the situation. okay, this year's midterms said to be the most expensive ever, but does the candidate with the most money always come i out on top? here now katie pavlich, jonathan hoenig from capitalist pig hedge fund. fox news contributors. jonathan, this is a point you made on our air last week. you got a very hard time for it among people on our set. you went and found the math behind it was from "freakonomics", right? tell >> indeed. well, charlie gasparino had talked about the more money spent in an election, the higher odds that candidate has of winning. and, melissa, to your point given the size of the spending on this electoral season, you'd think that would be the case. in fact, it's just not. people don't vote based on ad buys or anything else, they base it on their own morality, their own ethics and the more a candidate spends doesn't mean they have any higher -- melissa: katie pavlich, what do you think about that? >> i think it depends on the issues that are on the table. this year liberal outside groups are going to be spending more than conservatives, and it looks like democrats are going to lose in waves across the country. melissa: why are they pouring so much money in it doesn't make a difference? it must make a difference. >> it does, it certainly makes a difference, but i think it's just one piece of the whole election pie. sometimes more money means people win elections, sometimes it doesn't. melissa: wait, wait, happening on. >> money issues like obamacare are affecting people at home, and that's what they're voting for. melissa: hang on, hang on because, i mean, certainly the democrats think it makes a difference because one of the saddest political fund raising e-mails ever went out recently, the democratic national campaign committee shooting off the following message to its supporters: it's over. it's done. we have no ideas left. [laughter] the republicans are spend $20 million filling our tv screens with lying, obama-bashing ads, but we don't have enough cash to fight back anymore. really? then why is the president flying around country raising money? where's that money going? katie? >> yeah, they certainly have enough money, and democrats look like they're going to be spending more election cycle. they're just trying to get their supporters into this desperation mode, implying that money wins elections. the bottom line, too, it's the lesson democrats are always complaining about money in politics, and yet they're the ones spending the most money. melissa: jon that many, when i saw this latest e-mail, i wasn't on the first round, so surprisingly enough, i don't get e-mails from democrats who are trying to raise money. you click on the chip in now. it really has an air of some serious -- i mean, they're very desperate, it feels like. go ahead. >> unfortunately. melissa, there's probably no larger regulated element of campaigns than the financing of them. we'd like to think this is some unregulated market, but it's highly regulated and, of course, that's why the cost has gone up. whenever regulation comes in, the cost goes up. that's why the costs of elections have come up, and the cumbersome nature of raising money for elections. melissa: okay. yeah, and from the white house to capitol hill, so this is according to a new report, michelle obama is being urged to run for the u.s. senate seat in california. dianne feinstein's seat in 2018. cheryl sanders going to be mad about this, wasn't that her seat? >> there might be some cat fighting going on. i've said since the beginning that michelle obama's not going to stop at the senate, she is going to go all the way for the white house. i'm predicting he won't just stop at a u.s. senate run, we'll eventually see a white house campaign as well. health million thanks to both of you guys. markets are on fire. let's check in with liz claman to see what she's got coming up. liz: i tell you, i'm having so much fun look at what these charts are showing you. yes, we are looking at a dow up nearly 300 points. it is a solid day for the bulls who are charging ahead right now as we go forward the closing bell. guess what, though? you need to be very careful when you are picking names, and we have andy bremer along with barry james of james advantage funds, they are going to give you their muster money madness picks. you have o'hare -- andy's is fascinating. andy's got a name that has a 7% yield. it is very easy to purchase, and it looks like a real solid play as do james as well, so we're looking at all of those and much more. plus, the cruise industry. everybody started wondering what would happen with ebola. well, guess what? we have adam goldstein. he runs this ship and the company that runs that ship. it is going to be fascinating to hear about royal caribbean cruise as they beat on eps. missed slightly on revenues but, china, china, china. don't forget, as you see this stock move lower, does that mean that the chinese consumer is not going to be booking those cruise tickets? it's a big story for royal caribbean. maybe it's a buying opportunity stock. we've got the ceo. we'll see you at the top of the hour. melissa: liz, thank you. look forward to it. amazon hiking the minimum purchase to get free shipping for the holidays. plus, an innovative solution to california's drought involving a brick. you won't believe where you put the brick. we're going to talk to the creator of the technology. you can never have too much water. ♪ ♪ from fashion retailers to healthcare providers, jewelers to sporting good stores, we provide financing solutions for all sorts of businesses. banking. loyalty. analytics. synchrony financial. engage with us. melissa: what does a million dollar halloween costume look like? there it is. new meaning to the phrase "dripping with diamonds." called the morph suit, it is encrusted head to toe with 70,000 diamonds. it is locked inside a london vault. it can be yours for just $1.6 million. the real question, though: do you actually see anything when you're wearing this? can you see that you look like an idiot in this when you're wearing it? that was not in the script. i added that myself. how bizarre is this? i want to know if anyone buys it. all right, with a major drought happening in california, people are looking for any way possible, i mean, any way possible to save water. our next guest has created a rubber brick that could save millions of gallons a year. joining me now is one of the founders, greg hadden. greg, so you take the rubber brick, and you drop it in your toilet tank, is that right? >> that's correct, melissa. melissa: and what does it do? >> it's really old time technology, you know? it's simple volume displacement. it displaces about half a gallon of water in your toilet's tank, so it basically ticks your toilet -- tricks your toilet. melissa: okay. it's like having a low-flow toilet, i guess. sort of like, i understand. you're displacing the water. there are some new toilets that already do things like this. it's $12 plus $5 shipping. why would i pay you that money rather than just putting in an actual brick i might already have in the tank. >> that's a great question, melissa, and it's something that we've asked ourselves from the beginning with this project. first of all, i should say it's $12 plus $3 shipping to anywhere in the u.s. melissa: okay, i'm sorry. >> so $15 -- no, no problem. $15 for a rubber toilet brick. why should you pay $15? really what we wanted to do was make something that was really convenient and easy for people to use so we could start saving as much water as public. you can use a real brick, you should if you're inclined to do so, just wrap it in plastic. this is part of a larger psa campaign to raise awareness. now, our brick is also the smartest toilet brick ever invent ised. [laughter] melissa: i don't know what the average iq of a normal toilet brick is, but i will take your word for it. greg, thank you so much for coming on. i appreciate what you do. >> thanks so much. melissa: shares of herbalife moving after charlie gasparino hits social media. exclusive details coming up next. don't move, because you can never have too much money or too many toilet bricks, obviously. ♪ ♪ new york state is jump-starting business with startup-ny. an unprecedented program that partners businesses with universities across the state. for better access to talent, cutting edge research, and state of the art facilities. and you pay no taxes for ten years. from biotech in brooklyn, to next gen energy in binghamton, to manufacturing in buffalo... startup-ny has new businesses popping up across the state. see how startup-ny can help your business grow at startup.ny.gov >> you are making money today if you are in the market. the dow has a strong grip on the majority of gains on the days. hovering about 250. earnings propelling that move with stocks, 3m, caterpillar, visa, goldman and chevron. charlie is back with news on herbalife, always the trendsetter, charlie? >> i wish i could say i have huge breaking news. i literally retweeted what i said last month about herbalife. and you will get more of this on november 3rd when they release the quarterly earnings. >> which was? >> they are not going to get shut down by the federal trade commission that the herbalife investigation that was maybe started by short sell of bill ackman, the pyramid scheme is not going to lead to the shutdown. they will miss earnings a little bit. when the market hears that, again, they understand the worst-case scenario, probably, what the company is telling investors and i hope they're not lying when they say this, the worst-case scenario is not going to materialize. you never know, i can't get in the ftc's head. >> the power of twitter. >> i'm telling you what the company is telling investors. i don't like the stock, i don't know how you make money off of protein shakes. the notion of distributors whether they can sell, whether they are end users, problematic. you think they're a pyramid scheme? usually they blow up a lot sooner. >> okay, looking at the stock move on charlie gasparino. that is all we have for now, i hope you're making money today. introducing our brand new money printer, if you follow me on twitter, you are part of the campaign to get xerox to fix our printer. we have fun all day long like we do on the show. follow me on twitter. "countdown" with liz claman starts right now. liz: can they fix mine? >> sure. liz: it's been a while since we said this, here it goes, corporate earnings to the rescue. eureka! so far at this minute, you are in stocks, you're making money right now with major averages all rally more than 1% on the backs of pretty nice earnings results. from the likes of caterpillar and comcast and as you, the investor, bet on the american consumer sending a wave of names like these on your screen, home depot, dominos pizza, dr. pepper and more to record highs. does the rally continue to roll? and that brand new smart ship

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