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i am lindsay logue. it may be a little bit breezy, a little bit cooler. and i hate to be the bearer of bad news but it is coming. it is coming. if you look outside right now, it is not awful. the thing is, you can get lulled into a false sense of security when it starts out like it did right now. looking out to the west, you can see gray skies and the clouds approaching as you look into the gulf of mexico. but the one thing we are noticing around the region as we start off this morning is reduced visibility. we are seeing visibility is down to to 2 miles. down to 2 miles. and 1 mile visibility in sarasota. that is going to be the problem as we go through 10:00 or so. we will see the sun skies. these temperatures that are mostly now in the low to mid 60s rise up to the 70s because we have a changeable saturday. and we re going to see rain approach. it will get here by about 4 o clock this afternoon. as we get that high of 76 degrees, we will see the rain come in and ....
portfolio funds, and our own rick santelli. as mentioned, we re seven points out from an all-time closing high on the dow jones industrial average. karen, what s it mean to you here? it means that we could definitely go higher. it s just a number, and everything is coming in better than expected, economic data, corporate earnings. so, i see us going higher for the rest of the year. looks good. everything s coming up roses. michael pagino, do you agree? i would say those are all true, but for every one of those positives, there s a negative. you know, housing has slowed down, equity prices are not cheap, they re fairly valued. so, values are harder to come by in the market. you ve got geopolitical risk that i think investors are largely ignoring at this point, its impact on economics, because everybody s been focused on the u.s. and the fed lately. and so, i think there are some negatives, but i would agree, as long as the money s easy and corporate earnings and to ....
do van hour heft o go in the session. looking to see if we can continue this run that s making front pages. the s&p adding record territory again. and same for dow. nasdaq up 17 points for his part but we re note braking out the nasdaq 5,000 hats just yet. but they are being made for that day it comes. and yes it is finally hitting newspapers. let s talk about the closing bell exchange. rick santelli and others join us. good to see you all. pat powell we are just joking here. i said we got 18,000. can we do 19,000 by new year s eve. are we at the point where we re expecting this just to continue? is there complacency? there is always at year end. year end you always have the things that are in motion stay in motion. there is window dressing. tax loss selling so year end is always a little quirk kirky. and this market seems to be floating up almost effortlessly. i think the new year new gain. you think we grind a little more. i think we re going to float up for t ....
communiques. market perceptions had they will take patient out next month in march and then they will raise rates in june. these come out whether it s jpmorgan saying they re more dovish than expected or capital e con saying this just adds to all the confusion. the signal to markets is clear, this sounds like a fed that s slightly more dovish but the shelf life may be a couple days. we hear from janet yellen on tuesday. the data in the month has generally not been that great. we ll talk about that in a moment. we re keeping an eye on a story developing in southern california. some kind of incident at an exxonmobil refinery in torrance. there s a fire we ll have the latest details on. the energy market reaction. we ve seen an update in gasoline prices in georgia, gasoline futures, what they call car bob futures in l.a. the price has gone up 10 to 18 cents per gallon. we ll keep an eye on that because oil has had such an impact on this market today. the stock of the ....
we ll have a live report from downtown manhattan, coming up. first, we start off with the healthcare scandal rocking the department of veterans affairs now getting a lot worse. a bombshell new e-mail now revealing that an employee at a va hospital in wyoming instructed his workers to purposefully manipulate records in order to hide delays in patient care. this, of course, comes after months of allegations of similar waiting lists at v.a. hospitals in phoenix and in ft. collins, colorado. molly henningberg is live. this is extremely disturbing. reporter: the department of veteran affairs doesn t appear to have done anything until yesterday even though an internal investigation revealed these shady practices back in december. it appears what was going on at v.a.s in wyoming and colorado was employees were being told by their superiors to make the records look like patients were seen within 14 days, when they weren t. one e-mail from a man named david newman at the ch ....