Update, theres more trouble. The website will not be 100 ready november 30th. Students getting cancellations numbers now and youll hear testimony today that hacking your personal information is childs play. Varney company is about to begin. Ya know, with new fedex one rate you can fill that box and pay one flat rate. I didnt know the coal thing was real. Its very real. David rivera. Rivera, david. [ male announcer ] fedex one rate. Simple, flat rate shipping with the reliability of fedex. The president s signature achievement back under the microscope back on capitol hill in the next hour, we will show you whats going on, but first, just take a look at the new poll numbers from the Washington Post and theyre bad. 57 say they now oppose obamacare. Flatout. And a whopping 63 say they disapprove of the president s handling of that rollout. And now, weve got news this morning of, yes, another wave of cancellations. College students with School SponsoredBare Bones Health plans are losing that coverage. These plans dont meet the standards of obamacare and now students across the country are forced to ditch cheap coverage and buy more expensive insurance that they dont want, dont need and cant afford. Its going to be tough to get those all important youngsters signed up to put money into obamacare. The economics are collapsing from within. More headlines for you, quickly, lets go. Online Storage Company drop box looking to raise 250 million. If successful, dropbox would be valued at 8 billion. Double the level of 2011. Walmart is facing charges from the National Labor relations board, says that walmart threatened workers who were striking on black friday last year and judge napitano responds to that. Strong arming by the government. To capitol hill. Topic one, will the exchange be up and running by the end of the month . No, not completely. Number two, how secure is your data if you sign up . Not secure at all. The top of the hour those two hearings. The dow crossing 16,000, but we have a lot of chatter out there talking the markets down, including talk from billionaire investor carl icahn. Well deal with that in a moment. First, a controversial call at the end of the patriots game. Brady to gronkowski, a flag thrown, the refs decided no penalty. Carolina wins 2420 and mr. Brady upset, look at that. . Like, really big. Then expanded . Or their new product tanked . Or not . What if they embrace new technology instead . Imagine a companys future with the future of trading. Company profile. A Research Tool on thinkorswim. From td ameritrade. Well, did you know that just one sheet of bounce outdoor fresh gives you more freshness than two sheets of the leading National Store brand . Who knew . So, how do you get your bounce . With more freshness in a single sheet. So, how do you get your bounce . 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. No two people have the same financial goals. Pnc works with you to understand yours and help plan for your retirement. Visit a branch or call now for your personal retirement review. Ricky dont lose that number you dont want to call nobody else theyre very good at picking the right song with the right lyrics because there are a lot of numbers in the news, obamacare numbers, poll numbers, dow 16,000, alleged manipulated jobs numbers. Were going to talk about all of that today. Lets bring in Scott Shellady from chicago. Now, look, scott, market watch, barons, carl icahn, theyre talking the markets down. Do you listen to the background chatter . No, but some people do. Every now and then the market is allowed to go lower at some point in time, but its a lot different this time around, stuart. Stuart 1996, Alan Greenspans exuberance and Ben Bernankes apathy, where are the media and the news crews . We dont have them. Stuart to you it all goes back to printing money. How much and when do we stop . Thats what its all about, right . Thats what its all about printing the money and its going to continue to happen. Stuart okay, youve got it. Youve been right so far. And the dow industrials have opened ever so slightly lower. Were expecting a gain of 10 or 15 points and were down 3 as we speak, that now up a quarter point. 15,976 is where we are now. And we often use home depot as a kind of economic indicator. The housing recovery has given a profit boost to that company and sales are also on the upside. Nicole, the stock please. Nicole the stock is at a new high. I was looking for the analyst comments as well. The stock is at a new high and both home depot and lowes have been the bright spot. In home depot, the samestore sales on the rise, transaction volume higher and raised their outlook for the year. This is up 3. 1 is , a new high and a dow component. Stuart they were helping the dow move early on, back almost to 16,000. Ive got a couple of retailer stocks to show our viewers, Dicks Sporting Goods made more than the allknowing analysts thought it would make. The stock is up 24 . Down 17 cents this morning. A strong profit at best buy, however, the company warn they might make less money in the holidays because of the competition, look at that. The stock takes a hit. 6 down just because of that warning. 40 bucks on best buy. Perhaps this is why there are rumblings of a tech bubble. Just look at the online Storage Company known as dropbox, it was valued at 4 billion two years ago, now its latest round of fund raising could double that value, 8 billion. And thats you know, its 221 employees, thats it. Dropbox is a cloud company, lets you store your photos and other data and share with other people. Okay, so thats 8 billion dollars for a company with 220 employees. How about that . Look at the other social media stocks. Facebook and twitter on the upside today. They were down big yesterday after barrons warned about that tech bubble, especially the media, internet media companies. So facebook and twitter back up just a little this morning. All right. Moving away from the markets, in the final jobs report before the president ial election last year. The Unemployment Rate fell miraculously from 8. 1 to 7. 8 . Maybe that gave president obama an edge over mitt romney. Shortly before it was released jack welch tweeted this, unbelievable jobs numbers. These chicago guys will do anything, cant debate so the numbers. And quoting an anonymous source, the New York Post now reporting that the numbers were manipulated by the census bureau, its a highly contentious report with Anonymous Sources. I want to bring art laffer into the whole employment picture here. I dont want you to comment on the post report, art. Thats over there, shall we say. But look, the Unemployment Rate did take a dip right before the president ial election and its not recovered i mean, the Unemployment Rate isnt recovered to that low level that we used to have. Give me your comment on this drop right before the president ial election. Well, i have no idea literally why that drop occurred, stuart, but what i do really problem is whenever any aspersions are cast on organizations like the bureau of labor statistics and the census bureaus and government institutions that transcend political partisanship and transcend this president , that president , the other president , whenever they go after these institutions it puts a huge crack in the foundation of america. These insidious politicalization virus thats hitting these things is really a shock to the foundation of what you can and cannot trust coming out of government. You know, its not really, stuart, its really not whether its true or whether its false. Stuart yeah, right. Its whether its plausible and right now with this politics going on, with this white house and this congress, and i really do put it at pelosi and reid on this, but theyve made this political. The mra plausibility is there. Its awful. Stuart remember, art, youve also got the irs scandal. Thats what i mean. Stuart that was government used to intimidate. And the nsa as well. Its pervasive, this whole politicalization of everything. And that will kill us more than any political party, any obamacare, any of the other stuff. I mean, when we were there, i was in the white house during the Nixon Administration and the one thing we never, never ever questioned was the validity, the value, the concreteness of the numbers that came out from bls, from census, from these. They were rock solid, done with, without bias, without prejudice and done correctly. When you start questioning these organizations youve got the very foundation shaken, to my way of looking at it. Stuart well said, art laffer. Thank you for coming on board, we appreciate it. Thank you very much, stuart. Stuart lets get to obamacare. According to documents released by the house, energy and commerce committee, the Obama Administration was warned as early as march of this year about potential risks with the rollout of healthcare. Gov. Two hearings on this next hour. One about the security of the website itself and your information, and two, the effort to fix the website by november 30th. Congressman leonard lance, republican from new jersey joins us now. Congressman, im saying there is a 30 chance that obamacare will be just fully repealed because it seems to me, it is collapsing from the inside. May i ask what odds you would put on it . I think those are good odds and certainly, i think it should be repealed and replaced and unfortunately, the president does not agree with us on that issue, but the fact that the websste is a complete debacle and beyond that, the substance of obamacare, i dont think its going to work and i think that its becoming more eminent with each passing day, stuart. Stuart now, there are two hearings today. One is going to say, look, hacking into your personal information is childs play, i believe thats a direct quote. And the other suggests by november 30th, the obamacare website will not be fully, 100 operational. This is more damning evidence, isnt it . Certainly the American People should be concerned about our personal security. All of us who are americans and thats a critical issue. Regarding the november 30th deadline, i do not wish for its failure, but i suspect that it will not be fully operational by november 30th and i think it should not have occurred beginning october 1st because we now recognize that private consulting groups indicated to the administration that there would be significant problems regarding the website. Stuart and some people were to be fired, would that in any way satisfy you, sir . That certainly should be examined and let us suppose Chris Christie, my friend and colleague were president of the united states, certainly he would have taken charge and be my estimation that heads would leader who could work with both sides, such as governor christyie has done in new jersey and we need that for the presidency and we dont have that at the moment. Stuart thats a solid plug for Chris Christie and his aspirations in 2016. Im a strong supporter of Chris Christie and i hope he decides to run for president and if he does i will be among his vigorous supporters. Stuart one question, republican tactics as obamacare falls apart. Are you going to stand on the sidelines and watch it implode . We suggested that the mandate delayed for a year and when the business mandate comes online we expect there will be many more americans who will not be able to keep their Health Insurance policies and at the very least, it should be delayed and obviously, i favor its repeal and replacement. Stuart congressman leonard lance, republican, new jersey. Thanks for joining us, sir, we do appreciate it. Thank you, stuart. Stuart so some breaking news from treasury secretary jack lew. Lew tells the wall street journal that the debt ceiling should be raised way in advance of the february deadline and also speaking of the vo called volcker rule that limit what a bank could trade in, lew says when in doubt regulators should e. Rr on the side of more financial regulation. Those comments made at a conference. The ipad air, ipad mini, you can bet they will sell well this holiday season. Which is the smart buy . Our tech geek tells us after the break. You tell me that its evolution well, you know, we all want to change the world when you talk about destruction dont you know that you can count me out clients are always learning more to make their money do more. ann to help me plan my next move, i take scottrades free, inbranch seminars. Plus, their live webinars. I use daily market commentary to improve my strategy. And my local scottrade Office Guides my learning every step of the way. Because they know i dont trade like everybody. I trade like me. Im with scottrade. announcer ranked highest in Investor Satisfaction with selfdirected services by j. D. Power and associates. [announcer]. If you think the best bed for one of you might be a compromise for the other one. [woman]ask me about our tempurpedic. [announcer] theyre sleeping on the newest tempurpedic bed. The new tempur choice. [man]two people. Two remotes. [announcer] firmness settings for the head,legs,and back. And with tempur on top,that famous tempurpedic comfort comes any way you like it [woman]ask me about the lumbar button. [man]shes got her side. And ive got my side. [announcer] tempurpedic. The most highly recommended bed in america. [woman]dont touch my side if hey breathings hard. Me, know the feeling . Copd includes emphysema and chronic bronchitis. Spiriva is a oncedaily inhaled copd maintenance treatment that helps open my obstructed airways for a full 24 hours. Spiriva helps me breathe easier. Spiriva handihaler tiotropium bromide inhalation powder does not replace fastacting inhalers for sudden symptoms. Tell your doctor if you have kidney problems, glaucoma, trouble urinating, or an enlarged prostate. These may worsen with spiriva. Discuss all medicines you take, even eye drops. Stop taking spiriva and seek immediate medical help if your breathing suddenly worsens, your throat or tongue swells, you get hives, vision changes or eye pain, or problems passing urine. Other side effects include dry mouth and constipation. Nothing can reverse copd. Spiriva helps me breathe better. Does breathing with copd weigh you down . Dont wait to ask your doctor about spiriva. Where is the price of gold this morning . I will tell you, 1,236 per ounce, were up 3 bucks this morning. Got a stock for you, Campbell Soup cut its full year profit forecast after a drop in demand and they take that down 6 , Campbell Soup. Urban outfitters warnings of a tough holiday season. Could be forced to have more discounts. Investors dont like that. Down 2 . Apple releasing two brand new ipad models, i believe, is that right . Are they two brand new ones . Absolutely right. Stuart hold on. Go for it. Stuart ive got this okay. The new full size ipad air and a brand new ipad mini with a High Definition screen. Rush is here, and youve got them with you. That one youre holding there. The air. Stuart thinner, lighter . Lighter, thats the big difference between this ipad and the last ipad and this is the ipad mini with a retina, they call it the super highdef screen. Stuart right, whats the smart buy for our viewers. Its easy, there are two big differences, the ipad mini is cheaper and the difference is the size. Its a question of what are you going to want to carry around every day. Me personally i like carrying around the ipad mini, the size of a kindle, not super heavy, totally easy to slip into any sort of bag. But maybe i have vision problems or Something Like that, not saying about you, but other people maybe. Stuart go ahead, did you hear that . They might want to opt for a larger screen. Stuart in the tablet marketplace, youve got the Microsoft Surface and google is out with the nexis. Samsung the galaxy tablet. Do you think that apple, theyre tablets. Yeah. Stuart with the mini and air, do you think theyll dominate the tablet market . I think they have a good shot. The air is selling well, better than the previous ipad and theres an element of people wanting apple devices, theyre the goto device. Stuart still cool . Absolutely. That being said, google and their, you know, Android Devices are starting to catch up to apple in terms of market share, in terms of that cool factor as you call it. Unfortunately, windows is really microsoft is struggling with the surface. A lot of their eco system is not up to snuff and hoping that the tieins with the xbox later this week will make a difference. Stuart apple, the tablets from tap apple, thats where its at this holiday season. I want to move on to something called dropbox. Youre familiar with it. Absolutely. Stuart theyre raising money and the price at theyve raised it, 8 billion. Theyve got 221 employees and theyre brand new, fresh out of the box. Do you think theyre worth 8 billion . I dont personally think theyre worth that much money. I think what youre really running into, this is a company that offers a valuable service, which is storage online and share links and files all over the country. And i use it for work. That being said you have companies coming into the space, like microsoft with their take, its called sky drive. Essentially the same thing, but once you start having a lot of Companies Offering essentially the same product, its just brand loyalty at that point. Stuart so ive got my brand new iphone. Well, brand new. Stuart its a 4 s. Maybe a little old. Stuart okay, now if i went and got drop box on this thing i could put my music up there in the clouds, store it there. Sure. Stuart video, photographs, store it up there, i pay for the service and storage . Drop box gives you a free to start wi