I think its a tough sell. I think what makes it a tough sell is the elk health care front. Hes asking americans to support failed policies. Stuart and there was a stronger jobs report this friday. Bottom line. Thank you, paul. Weve had bullish calls on apple stock on this program and one says its going to 1,000 a share. John layfield is going to weigh in on that from the sandy beaches. Could this be what i want for christmas, a blackberry type keyboard for your iphone . Nonnerds rejoice. Lets go to the report, Austan Goolsbee joins us, former with president obama, and now the business schoolment i know youre laughing along with jon stewart, our producer told me you were laughing at me. Go ahead i was laughing with you, stuart. I think you said demand equal time grounds, he needs to come on your show to defend what he said. Stuart weve asked and hes not doing it. This jobs report, are you prepared to say that this is a breakout report that were breaking beyond the new normal, which was low growth, high unemployment . Breakout . No, im not prepared to say that. Youre putting me in an uncomfortable position, here i am on stuart varneys show. Im telling you to tone down your enthusiasm about the jobs report. Stuart whoa. Look, theres two surveys, one is of people and one of the establishments and businesses. The business report, which was around 200,000 is a strong report follows on several months on fairly stronger reports. The 800,000 number was people and followed the minus 700 something thousand last month and i think most of that has to do with the government shutdown. I think youre right, this was an encouraging month, but it doesnt feel to me like weve broken out of this pattern of slow, steady improvement. Stuart im a little uncomfortable with this, austan. Im used to you saying the sky is the limit, here we go, boys, were off and running and now youre telling me to calm down, thats great. Tell me about the Fourth Quarter cause weve got 3. 6 growth in that summer to early fall quarter. Now weve got an increase in the numbers of jobs created and weve got a lower Unemployment Rate. Can we carry that through into the Fourth Quarter, do you think . I think possibly not. You know, most of the private sector forecasters are forecasting a pretty significant slowdown from that third quarter, i with which was surprisingly good. Id love to get a number even approaching that kind of thing. I think going into next year things are looking a little better because some of the fiscal drag comes off or at least, you know, it doesnt keep getting worse. But i think for the Fourth Quarter, we should expect a bit of a slowdown. Stuart real fast, austan, im enjoying this so much, but ive just got 30 seconds left. The Federal Reserve, theyre looking at the numbers and are they going to say, time to pull back on the Printing Presses . What do you think . Yeah, i think they are, cause now this is fairly consistent pattern of improvement in the job market. But the stocks are up, austan. Even the semblance of the tiniest budget deal then i think the fed would be ready to move. Stuart but stocks are going to be up maybe 140 points for the dow in five minutes time. Thats great. You know, i think once the fed starts moving, the stocks may get jittery, but good news. Stuart Austan Goolsbee, what an interview, come back anytime you look. Good stuff. You bet. Stuart now well take you to the New York Stock Exchange where they are observing a minute of silence in honor of nelson mandela. [ male announcer ] heres a question for you if every u. S. Home replaced one light bulb with a compact fluorescent bulb, the energy saved could light how many homes . 1 million . 2 million . 3 million . Thenswer is. 3 million homes. By 2030, investments in Energy Efficiency could help americans save 300 billion each year. Take the energy quiz. Energy lives here. Thats it . I found what i want for christm christmas, a keyboard for my iphone . Is it as good a deal as it is. By the way the keyboard for the iphone is backed by ryan seacrest. Clayton morris has the story coming up in a moment from now. Look, were off and running, its friday morning, weve had a fairly strong jobs report. The market loves it and will you look at this . Were right in the trading session and were going to go up about 100 points. Before we show you that, here is yes, look, were up 40, but going higher. Here is Scott Shellady in chicago, i say a lot of people are saying it was a strong jobs report, are you buying it . Im going to say its better than expected. Dont have employer exuberance. We have a couple of numbers to see for the rest of the economy. No, im waiting until the afternoon, weve seen a noon swoon the last five, six days in a row. If you want to buy going into the weekend, id say wait because well have a selloff mid day. Stuart theres a prediction. Scott, youre killing me here. On a macro labor well wait on this taper talk, and there will be automatic selling when you hear the 10year high. Stuart those are the 30 stocks that make up the Dow Jones Industrial average, every single one in the green and that means theyre all up this morning. Right now, the overall, the dow is up 86 points, but again, we expect it to move higher than that. Weve had some sky high predictions for apple stock this week. One guest said 700, another said, a thousand bucks a share. I can see that its open 3 lower on otherwise up market today. But here is John Layfield, fresh from the beach. Apple, i know you follow it very closely, are you buying those sky high predictions . No, im not. I would buy the 700 prediction, i just dont think that apple is any more an innovator. I think theyre doing things to increase the value of their existing products, but you know, you lose a guy like steve jobs. Tim cook is a great ceo. They have some of the best engineers in the world. You cant replace a steve jobs and youre no longer seeing innovation coming out of apple, youre seeing incremental improvement to existing product. I think its a great company. I think the recurring Revenue Streams that they have are fantastic. I would buy at 700, but not a buyer at 1,000. Stuart youd take 700 . I think most people would, too. Which is still very good. Stuart yes. Thanks very much, john. Dow is now up 104 points, 105 points. 159 is where we are. A couple of individual stocks to look at. American eagle, its a big loser today. Some heavy holiday discounts will cut into its profits. So come in, nicole. Here is a loser, how bad . Well, we know that teen retailers are already under pressure, put up with a tough Holiday Season and the stock is down nearly 3 . Down 2. 44 right now, just under 16. They gave a forecast, weaker than expected and noting the promotional environment that we talk about. More discounts, more promotion means less margins and less sales even. Oh, down the stock goes. Thats one of the losers today. Look at the dow now, up 118, up 120 points and looking at the tapering and im seeing all kinds of favorites go up. Ebay is up. I see facebook up. I see microsoft up, okay . Up until now, its been a rough time on the stock market, five days in a row the markets been down. The dow has been down. So, john, have you got a couple of bargains after this five days of selling . Any bargains that you can jump into right now . Sure, i think i do. I bought conn, conn. They absolutely blew away earnings. An analyst came out and had a 103 price target on it. Its trading at about 70 right now. And also like discover financial, i think both are valuation plays and i bought both this week. Stuart would you tell me what conns does . A midwest retailer, that tailor to people to a people in a lower income market and charging rates, like a rent to own type retailer, where you can go in there and pay a rate and buy it actually from the retailers on some type of lease plan. Stuart so its conns and discovery financial, layfield likes them. Yeah. Stuart youre going to make some money, i trust, and go back to the beach. Thank you, sir. Stuart im going to break away from the market and ill get back to it shortly. This is a new iphone case and adds a blackberry style keyboard, no more fumbling. This is backed by ryan seacrest. Hes got his hands on everything. And people put two phones on the table, one for the iphone and one for the blackberry they love the smart phone and iphone and needed the keyboard case and needee to type. This is a startup, but its a big deal . Its a big deal for you. And i think its a niche audience, lets be clear. First of all, this thing wont be out and we wont see it until january, i know its on your christmas list, hate to disappoint you, youre not going to see it. All of this generation is growing up with virtual keyboards and sitting on the subway, they dont need a keyboard case, its people who love the blackberry and want the smart phone like you and ryan seacrest. Stuart this is not a huge deal . No, i dont think its a huge hit. Stuart i want to talk about the way we shop. Ive got new numbers out for the monday sales, socalled cyber monday. I hate that expression, but nonetheless well use it. Nearly 12 of all online sales were made on tablets, and about 5 1 2 were made on smart phones. This seems to me to be a shift in the way we shop. Absolutely and the way in which were computing. We think of a pc as a desk top computer we sit down to, the tower and keyboard and a mouse and all of that. I believe that a tablet is really our new pc. Its our personal computer, whether we throw it in our bag and purse and take it on the subway, on the train and look at it ott the office during the lunch break. Those are the new personal computers. Its so funny we were doing a story on the show today. When i got the email from one of your producers we were going to talk about this today, i was shopping on my tablet for a solar system thing for my son for christmas. This is exactly what i was looking at, on amazon and about to make a purchase when i got the email about this. Stuart so, this is look, youre a technology kind of guy. Sure, but my mom who is the least tech savvy person in the world doesnt use her dell laptop anymore because the battery, she doesnt open it, 30 minutes to boot up. She whips out her ipad and making purchases. Stuart the bottom line here is not so much the problems for bricks and mortar stores, its the shift in the way that we actually shop and look at products. And i dont see any slowing down in this shift to mobile. In fact, the vendors and the smart phone people, the tablet people are making things soo easy for us. The key is in the applications. What we saw in the numbers is the iphone or the smart phone being the browsing. Were maybe not going to make the full purchase on the device. Its the tablet, with the real estate. I get to look at the sweater and see if my father would like it, screen real estate. Interactive, there are beautiful applications developed specifically for purchases. Crate and barrel, fab. All of these sort of niche applications which make shopping sort of fun, lean back on the couch with your tablet and dont have to sit at the desktop with a mouse and keyboard and theyve got your credit card on files, theyve got your credit card on the app on file and easier to make a perform. Stuart youre talking me into this. I might join the 21st century. Thank you, clayton morris. The dow industrials are now up 134 points, it was expected. Pretty strong jobs report, up goes the stock market. To nicole, who are the big winners on the dow . Easy to find. All of them are winners. Intel, j. P. Morgan, american expression, your best performers on the Dow Jones Industrials average. And it should be noted intel was rated a buy over at citigroup and thats helping that particular technology name. Stuart hold on a second, nicole. Weve got another retail loser. American eagle earlier and what is it, big lots . People are going to say im this girl that brings the losers. Look at big lots, whats happening, they made an acquisition in 2011 in canada and trying to turn it around. Thats not working. In the meantime, comp sales dropped 2 1 2 , also not good news for big lots, down almost 10 . A huge loser today. Stuart thanks, nicole. You know, we caught John Layfield before he left the studio and went back to the beach. Hes still with us. Last night jon stewart hauled me over the coals what i was saying about minimum wage and compared me to ebenezer scrooge. What do you say about the minimum wage on this jobs friday. The problem, stuart, i told you for years, us americans are jealous of you with your baritone voice and english accent, you could read the phone book and sound great. And i could read the magna carta. Minimum wage could be tied to a basket of wages and inflation and taken out of the political realm. Watch who is 15 and watch who is 10. Its an arbitrary number. Unions are using it as a recruiting tool and we need to take it out of the political process and tie into something more sufficient than an arbitrary number that they raise every few years. Stuart wellsaid, john. Now go back to the beach after the few kind words about me. John layfield, good stuff. Check the big board, were up 125. 15,947. The white house making a huge push to get you signed up for obamacare, but they cannot guarantee the security of your information on the being change website. Next, a professional hacker tells us just how easy it is to get into that. Ients 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 localcottde 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. Every day were working to and to keep our commitments. And weve made a big commitment to america. Bp supports nearly 250,000 jobs here. Through all of our energy operations, we invest more in the u. S. Than any other place in the world. 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If you have any sudden decrease or loss in hearing or vision, or iyou have any allergic reactions such as rash, hives, swelling of the lips, tongue or throat, or difficulty breathing or swallowing, stop taking cialis and get medical help right away. Ask your doctor about cialis for daily use and a 30tablet free trial. Labor market showing some strength. Unemployment rate down to 7 . 200,000 new jobs created, not many people worried about the fed. Up goes the market. 126 up on the dow. 29 of the 30 dow stocks are up. Only ibm of all people down just 2 cents. All right, where is the price of gold when stocks are going straight up . I will tell you, 1233. 50 is your price and thats just a fractional change on the price of gold. Now, concerns about the security of healthcare. Gov not going away. Not even esekial emanuel can guarantee your information is safe. I put my information on the website when i was looking for information. And i was confident. Stuart will you guarantee its secure. I dont run it today. Stuart oh, we have Alec Mcgeorge now. The Senior Security researchers at immunity. Alex on a scale of one to ten, what do you give obamacare on security . I would say its probably around a two or a one. Stuart now, its your job, i believe, to try to hack into corporate websites and then tell the corporation how you did it. Thats what you do for a living, right . Thats exactly what i do for a living, yes, sir. Stuart could you go out this morning and hack into the obamacare. Com or healthcare. Gov . I believe it would be possible for someone to do that without too much trouble based on what ive seen from the website and the sites that support the obamacare website. I think theres a very, very good chance that someone could potentially break into those resources. Stuart i am told, knowing nothing about it, but im told that the Critical Fault is the transfer of information from your account on the website to the insurers. Is that the problem . I think that is part of the problem. I think the Critical Fault here is that theyre doing a lot of security engineering and auditing after the whole thing has been pushed live, when attackers have the same ability. I think thats really where it is. You know, if you recall, theres a memo that was released at the end of september saying that this site had not had significant security oversight so i think the key fault is that security and the security engineering was not baked in from the start and now theyre trying to bolt it on while the site is live, its a very, very difficult proposition. Stuart so do you think it could be fixed without taking it down . I think theyre going to have to. Stuart have to what . So yes. Stuart have to what . I believe theyre going to have to do it while its live. And i believe that it is possible to do, but its going to be very difficult. The key question is, are we going to see attackers take advantage of this before the fixes are able to go in. Now that the code base is stable after the 30th deadline, i think this is where were going to see a lot of security attention both internally and extern externally from attackers. Stuart a word of defense for obamacares website we had a report today that j. P. Morgans website was hacked and 465,000 prepaid credit card accounts were hacked into. Serious stuff in a private enter