connell: what kind of an american are you. moving to an american based apple. i'm sharing it with the lovely dagen mcdowell. talk to people running for congress, high-profile democrats try to change the subject instead of talking about obamacare, the subject turning to hillary clinton's presidential campaign but still a long way off. the great money bubble. why we will all pay the price for what the world central bankers are doing right now. here to talk with us about that. apple is looking to go 3d maybe. trying to buy the company behind the 3d cameras and microsoft's xbox 360. and the meningitis scare in new jersey. has the government now looking overseas for a vaccine that has only been found there. big-money implications to this as well and we will have it coming up this hour of "markets now."

oh, yeah. and the dow 16,000. dagen: now what am i going to say? connell: you will never be at a loss of words. dagen: i visit here and look marginally irritated. connell: ken burns is here. dagen: talking about the kennedy address. connell: a big show. dagen: connell will attack the baseball within a minute. top of the hour, 16,000 counting, the dow and s&p hitting new all-time highs. nicole petallides at the new york stock exchange. nicole: a record-setting day, however we will go ahead and say it again because this one is slightly more monumental you are hitting 16,000 on the dow jones industrial, 1800 on the s&p 500, and the nasdaq getting closer

and closer to nasdaq 4000. the s&p up one-tenth of 1%, and some of the names on the dow jones industrial are hitting new highs. we are watching that in particular, also keeping an eye on tyson foods. tyson foods came out with their numbers higher chicken sales, higher beef sales, better-than-expected 28% rise. pork sales a little bit weak but going forward they expect deduction for all those names to move to the upside. beef, pork, chicken, back to you. dagen: thank you, nicole. connell: little-known failsafe getting health insurance companies some added protection against losses and it leaves us the taxpayers stuck with the bill. dagen: rich edson in washington to explain. rich: the actuaries are worried. look out. the letter of all the consequences of the minister to

fix allowing insurance companies to reissue plans as healt healte law phases out the american academy of actuaries warns consumers may face higher premiums which still may fall short and cost insurance companies and insurance companies then try to recoup those losses in 2015 by raising premiums further and it may cost the federal government because of a provision in the law creating so-called risk car doors requiring the federal government to subsidize insurance companies who fail to anensure enough healthy young people. one republicans say opens the door to a bailout of insurance companies. some democrats continue to criticize the president's promise in selling the law. >> he should have been more specific. if you are being offered a terrible health care plan the minute you get sick you're going to have to go into bankruptcy, it should never be optioned.

we all new. the plan is to cover things people need like preventative care, birth control, pregnancy. speak of the president promised obamacare would not at a dime to the deficit. they say the latest analysis the law cut enough for medicare and increases enough in taxes to make the government some money but that was before the technical problems and political fixes. back to you. dagen: i don't know, but my friends don't need that kind of birth control, i am just saying. i am putting you on the spot, thank you so much. it makes me mad, and appears to be making some democrats mad as well because they are trying every which way to talk around the mess created by the health care law. he always comes angry.

again, one of the talking points the democrats are trying to use is we are just helping you because insurance companies were selling you a bill of goods and it was a lousy policy anyway. it is not working, we all know the law is failing. >> the law was a bad law to start with. you cannot do something that nobody reads, they didn't analyze it, the people who voted on it didn't know what was in it. i am not sewed down on obama about lying about this. he did not read the law either. he doesn't know what is in it. and law is somebody who deliberately deceives. what he said he went out on a limb about and shouldn't have, no doubt about that. what the new york senator, what they said over the weekend, what she said over the weekend about

everybody running away from obama, the democrats and all of that, almost pre-endorsing hillary is just as bad. that is insanity. hillary is as bad as the president. member 1993, i don't remember where those things were, the fbi files. whitewater, and benghazi, you grabbed tell a more blatant lie than that and propagate to the public something that was not true. why would she go from one lie to another? dagen: do you think the people who had been dumped by their health insurers, people young and old alike who were stranded with no health insurance as of the end of this year, and they had not so far and cannot sign up on these health exchanges. what do they do?

what happens to them and the economy and the state of america if they are left insurance less because of this law on january 1. >> to vote out the guy who voted for it, may vote those people out and they turn around and try to write a different law, a new law, you cannot do this, the government cannot do this, this has to be done in the free market in a way that is profitable to the insurance companies and it makes sense to the doctors and to the patient. it can be done if they allow insurance companies to compete across state lines, competition would lower the price, competition would bring this to everybody. you just can't enforce this with the public mandate from the federal government. dagen: wayne, it was good to see you. wayne rogers, we will see you soon. connell: onto the markets now, everybody talking about dow 16,000. investors keep investing, these

numbers show $34 billion went into equity neutral funds for the past four weeks, the largest four weeks total since january. dagen: is that a dumb idea what these people are doing with their money? author of streetsmarts, adventures on the road and in the market. welcome. from asia. >> i am delighted. i have jetlagged. connell: i have tried, you can't do it. >> is it a foolish thing they are doing? absolutely. we will all be destroyed by it someday. we will see in the end, it depends on how long they continue to print money, but it looks like the central banks around the world are going to continue to print money. nothing to stop the u.s. now, nothing to stop the japanese. as long as this madness is going on, play the game. dagen: would you bet against

what the federal reserve is doing? whether you think it is right or wrong, whether it will end in disaster in the long run, would you bet alongside the fed? >> i am not the first person to say don't fight the fed. that has been proven many times. it is not just of the fed. the firs recorded history all major central banks are printing money as fast as they can. there is nothing to stop them. the japanese, nothing to stop them. there's nothing to stop congress spending. while the madness is going on you might as well play the madness but be aware it is madness. be aware you better get out before everybody else because when it stops, this artificial sea of liquidity dries up, boy, it will not be a fun time.

connell: you said to us before you came on there are things happening in china that are four more important than anything we have talked about so far. a couple of minutes left, what is it? >> none of it noticed it until us. it changed the world. just last week i decided we will open up the economy, if you can invest in those sectors, forget the federal reserve, those sectors of the chinese economy will boom for decades. the single most important thing they said was from now on the government is not going to make the decision, the market will make the decision. wouldn't you like that in america? the government says don't worry, we will make the decision, we will take care of health care, we do it better than you can. not in china. dagen: how do you make those investments if you are an individual? >> i am an individual. dagen: but you do this for a living.

>> they trade in the u.s., your broker can call up very easily and why you just about any chinese share you want to. connell: could you bet on some of the sectors to talk about? >> you could buy etf, they trade on the new york stock exchange, all over the world. it is not very consummated the mac complicated. dagen: asset classes, which one is most dangerous right now? which carries the most risk? >> i'm thinking about maybe bonds sometimes. i am not sure at the moment, but sometime rally and that would be it. i will call you tomorrow, okay? when i wake up. i will let you know. dagen: he gave us an answer, i will take bonds.

connell: could you make it between 11:00 and noon eastern? you like this new regime. >> so far so good. it is very hard to rise to the top. in america it is easy to rise to the top. in china it is very tough to rise to the top. a test test you and make you dol sort of things. 40 years later maybe you make it to the top. i wish we did it that way. dagen: you like living in asia? >> i am very pleased to be there. we are all very happy. miss all of you. dagen: you are tired, man. they get so much. connell: apple going to talk about apple coming up with this technology and the xbox from microsoft as it is developing the next generation of gadgets want to borrow from xbox?

dagen: and the meningitis vaccine made overseas coming to the u.s. trying to fight an outbreak down in princeton. dr. marc siegel has more coming up. connell: and tomorrow, 50th 150h anniversary of the gettysburg address. he will tell you about it. on "markets now." keep it here. if you've got copd like me, hey breathing's hard. know the feeling? copd includes emphysema and chronic bronchitis.

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connell: talking about the new sony playstation here for a moment, playstation 4. you used to be a big videogame person. dagen: never owned an xbox though. connell: nicole petallides with us. nicole: in a way i want to bring my children here to bring the critique because they are the ones who buy these things and play these things and know them well from xbox, playstation, wii. i can tell you playstation 4 has taken america by storm and

24 hours they had sold over 1 million units. 1 million playstation 4 sold in north america and just 24 hours. that being said, they expect to sell 5 million units by the end of march for the fiscal year, and they will have stiff competition from the xbox one from microsoft. here is the side-by-side comparison. sony is the better competitor of the two, microsoft 40% this year. dagen: thank you, nicole. shares of knowin boeing hittingw highs. celebrating the largest order of their history. it is mostly thanks to the new 777x long-haul jetliner among the top customers, placing $76 million order.

coming in with $19 million. connell: we were talking about video games a moment ago. the apple store in that regard as well, there are reports looking at apple's stock today on the verge of buying a 3d company, numerous reports say apples interested. this is an israeli company. the 3d motion sensing feature that currently limit videogames is used in the xbox 360 for microsoft. identifying people through their movements and their gestures. apple spending $345 million if it does go through with this for this company. stock down $1.34, something to watch throughout the week maybe. dagen: the xbox one is out later this week, to correct something i said incorrectly last week, the xbox one is about $100 more than the playstation.

not cheaper. connell: record has now been corrected. dagen: people sent me messages about how i am an idiot, hating on jimmie johnson and giving me a hard time. connell: sorry. dagen: the government given the go-ahead to a meningitis vaccine to be used on princeton university campus after a seven student came down with the illness. we will tell you what publicly traded company is behind that vaccine. connell: this could be big. money to be made as well. a tough situation down there. from finance to football. we will talk to them about that coming up, but first a look at how everybody is faring against the u.s. dollar.

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>> 23 minutes past the hour, i am lauren green with your fox news minute. fierce storms brought strong

winds and tornadoes to 12 midwest states. expected to rise. in washington, illinois, it is estimated 500 homes were either damaged or destroyed. the governor of illinois declared seven counties disaster areas. all 50 people on board a russian plane died when it crashed yesterday. the boeing 737 went down in the russian city. investigators were coming through the wreckage trying to determine the cause of the crash. and in sports, jimmy johnson is nascar's top driver for the six time in eight years. his ninth place finish at yesterday's race at the miami speedway was good enough for him to clinch the sprint cup title by 19 points. and those are your news headlines on the fox business network. i am lauren green. i know you are a big nascar fan, was that your favorite? dagen: no, but i like him. it was well done.

he is a great champion. in the commercial break this is what we were looking at, a photo of them wearing their championship ring hats reedit cruise right here. i was showing it to connell. look at this photo. federal health officials importing the meningitis vaccine entered the united states bid on the approved in europe and australia, but it is in need at princeton university campus after another case of this rare illness was confirmed this week. marking the seventh case so far. connell: there is a lot to this story. how dangerous, number one, is this outbreak? >> good to see you. this is the first time there has been an outbreak of this string on the university campus in the first time a university vaccine is available to fight it.

it is an infection of the lining of the brain which causes headaches, high fever, stiff neck and sensitivity to light. it affects about 4000 americans every year. with 500 deaths. so it is pretty deadly. since march princeton has had an outbreak of a rare type of meningitis usually seen overseas. the number of cases has now reached seven. luckily no deaths so far. the most recent case is currently hospitalized and the treatment is intravenous antibiotics. there is a vaccine only available in europe and australia. the fda has now approved it for use at princeton and school officials and the cdc and department of health in new jersey are currently deciding whether to offer it to everyone. >> i could be the eighth person. at the same time there is a high percentage i never get it. so i just had to know more information before i could make a decision.

>> how does it spread? it can be spread by kissing, sharing beverages and other kinds of close contact, smoking marijuana cigarettes, for example. they have deemed the vaccine safe and effective. they will be meeting with school officials in the new jersey health to discuss using a vexing as a strategy to control the outbreak. they made it clear there will be several steps in the process before they can actually use it. seven cases of meningitis and not feel like a lot unless you were one of them and everybody around them is afraid. this is a good reminder to wash your hands, avoid sharing cups and dispensing effective and safe vaccine would appear to be quite prudent. connell: we talked about you can see many more were much wider use of this in the future, which is a big business story as well. >> it is now spreading in the

united states, so it has been tested overseas. it is totally safe, predicted will be approved for widespread use here and you could see a bump on that. dagen: thank you for the reporting period >> good to see you. connell: this former football player turned financial guru was on with us once before. going to come on and talk about the market and also get into some football. the incognito stuff and other stuff we had in a moment. dagen: 150 years later, the gettysburg address. here to talk about the importance of it including his latest documentary.

♪ connell: just passed the half-hour.

here is what we still have coming up for you. from the nfl to wall street. successful careers in both. we will talk money with them. football as well. the famous director, good friends to our show talking about his next big film on the 150th anniversary of the gettysburg address. something we're both interested in, and you will be. if you're not happy with your job, apparently you are not alone. some solutions after some pretty rough stats coming up. dagen: three stocks in during week two of trading after making there market debuts last week. nicole petallides is watching them all for us. >> reporter: an exciting week of ipos, including extended stays. let's take a look at how they are sharing. the ipo market has been hot, very busy. the hottest we have seen since 2007. pulling back today, but don't forget, debuted over 70% to the upside.

an unprofitable colet's company went public at 1250. we have been watching. hovering around $9.44. not good news. and then extended stay, a $20 ipo. that is another name that we are watching as well. taking a look at all three of these names. back to you. connell: we stick with the markets. jim rogers on earlier in this very show. talking among other things about investing in this type of an environment. before we talk, let's relive that. >> be aware, is madness. you better get out before everybody else. this artificial sea of liquidity dries up. connell: the founder of profit investment.

welcome back to the show. the federal reserve and other federal banks. madness and if that is true, what about when the man the stops? >> glad to be back. i think to a point, absolutely correct. the essentially don't fight the fed is a play. investors know it. a lot of liquidity in the market. it began to take off again here. similar to what it did in 2010. last time we really focused on quantitative easing. at think it's very hard to time the market. no one is going to ring the bell until you went to get out. all you can do is invest in companies that a doing a certain love, strong fundamentals. it is not going to allow you to keep up. the names that are really

exploding to the upside like tesla was for a while. i am sure, if you are in solid names that have solid earnings, that is where you're going to actually make quite a bit of money when the investments really began. but i do think you have to play along. connell: just completely shut off, and i'm referring back to 08. something like that that happens, some sort of an event where we -- and obviously no one wishes this, but some have actually predicted that will really get ugly and everything will be fine until it is not type of scenario. is it worth it in your view to hedge a portfolio toward that to some degree? if so, how? >> i think it is. you actually can buy about your portfolio by investing in some names that still have solid prospects but don't have strong expectations. said the technology sector. focusing on cloud and social networking. you can invest in names like intel, microsoft.

they still form the backbone of what the clouds coming down to. they are going to go out of business overnight. connell: until june -- showing some of the big tex name. work in a football question. the reason is, this a cut neil, this bullying scandal in miami has been all over the news. someone like you who made the transition from an nfl locker room to this terrific success post nfl, i'm curious to know what you think of it. there are obviously all types of different people. some lot of people like yourselves, some are not. all kinds of people. but this hazing has gone on for years. iraqis did taste. some have suggested that the scandal broke out, maybe it's just time to get rid of this, even if it's in good fun, it can be taken the wrong way. people don't take it the same way. some have different backgrounds, different views. what is your view? sure we get rid of it

completely? >> i don't think it's going to go away completely. i think the culture of the game is the culture of the game. the real issue here is that it looks like their is a harassment issue. you get out to a legal scenario. they're going to want to lock this down be to start to your comments that it did not to stop. the offensive line coach up to the general manager. the bad news here for the dolphins really is that winning a lot of times as a lot to do with camaraderie of the players and not having a lot of distractions. that is certainly the case here. i think it essentially when you have a scenario where geyser paid to really be aggressive, you have all these different personalities and this has always gone on to some extent. probably a little bit more now, but i think to some extent with money coming public this way, if it has become a legal issue, the legal system has its own set of

rules. >> we will see. we have been following a week to week. we will continue have you want to talk about the markets. thanks. dagen: an important anniversary. 150 year anniversary. famed director ken burns has made a movie about it, and he is here to talk about that. connell: it should be good. mark taper talk. keep an eye on that end of the markets are anticipating the latest move from the fed. dagen: new global survey revealing you have -- u.s. workers are among the most dissatisfied with their jobs. what should you do about it? [ male announcer ] what if a small company became big business overnight? ♪ like, really big... then expanded? ♪ or their new product tanked?

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tideod pop in. stand out. ♪ >> reporter: am jo ling kent with your fox business brief. home builder confidence came an essentially flat. the national association of home builders housing market index with 54 in november matching the october reading. down one. the builder confidence gauge has increased 20% over the past year. honda is the top vehicle brand for retaining the highest dollar resell value according to amg, a company that tracks card appreciation. toyota has the most miles overall with the top resell

value in a segment. in the former treasury secretary is joining. lange and essential role in the government's response, the private equity fund president and managing director starting on march 1st. that is the latest from the fox business network, giving you the power to prosper.

♪ connell: this is going to be fine. 150th anniversary of president lincoln's gettysburg address and our friend the award winning film maker ken burns here to talk about his new project. dagen: did to see you. already so excited because we were talking to you in a break. you have a film called the address commander would get to that in a minute. what you doing between now and when the film debuts? >> i was making this film and had the idea that what if we challenge to everyone to learn of gettysburg address? we don't do anything in unison. we like to sing in search.

we like it will meet together. to my splurge this, not enough of numb. every stop all the living presidents. they agreed. bill o'reilly, but rachael malcolm and nancy pelosi, but marco arubia of, instantaneously recorded. matchups information, but other people are now adding. anybody. that is what we want. everybody to memorize the address. i made a film called the address above these boys at a boarding school, a place of last resort in vermont called agree with school, learning differences, dyslexic and 80 hd, alphabet soup of issues. they are asked to memorize the gettysburg address. if they can do it we can do it. and these kids overcome extraordinary differences in they're learning abilities to do it, and it is so inspiring.

i have to do this. they're wonderful. the film will be broadcast in april, but in the meantime let's all learned. they could be the greatest largest mass memorization in history. connell: and memorize in seventh grade. some of the people did it last night under website. i don't know if i could now without the teleprompter. >> it takes a few minutes. the pace it up in the morning. everybody. you will chris need for a few days, but if you think about these kids who just transcended. lincoln says in a speech to this country could have a new birth of freedom. that is what it represents on a personal level. it is basically the continuation of the declaration of independence. thomas jefferson said all men are created equal but he on slaves. this is the civil war. he is doubling down and giving us new marching orders. this is the declaration of independence. it is still a marching orders that were used at the first anniversary of 911.

those were the words we heard as if it was to. what if we all -- it does not matter what your religious beliefs and political beliefs, american or few want to be. dagen: in terms of american history do you think that this is a sorely untouched and -- and untaught history of our nation? birth of the nation in world war ii. >> in our history class is 83 percent of already graduated college students cannot tell you the speech that is of the people, by the people, for the people some of paris. we are turning up people who are just in their own will right. if you don't know where you have been, our history, and this is the most important, great speech, how could you possibly know whe are going. so involved in social media at present that we forget the historical ties the brought us to this moment. so i challenge everybody.

don't just say this is my kid. try it yourself. it will take a couple of days, three days, week, whenever. uploaded, read it together, share it combusted. what no one. lincoln talked about the better angels of our nature. we started a nonprofit call the better angels society and we are attracting people to talk plus civil discourse, civics, education, funding historical films. this history is a table around which we can all agree to go here. i don't know conservative, republican, liberal democrat that does not love their ramekin 57 thus far we have loving . most ironic line, the world will long remember what we say here, but they can never forget what they did here. because of our fill your education we have forgotten what they did here. dagen: not any more. connell: thank you. always great.

dagen: come back soon. connell: everyone should do that. give it a shot. investors are looking to several federal reserve speeches that are expected this week. thirteen of them, in fact, december pullback in monetary policy. connell: fourscore and seven -- this will not be the gettysburg address. the trades. >> reporter: these are going to be closely watched. the fed presidents spend a lot of time talking, but this week more important than most because the markets are hitting all-time highs. the dow is up 16,000. this afternoon we're hearing from a couple of different fed presidents who just recently questioned the federal and buying bonds, mortgage-backed securities. the fed chairman is begin to mar 97:00 p.m. eastern and is expected to be pretty measured. that will be followed by the fomc minutes.

that could be more revealing than any of the fed speeches. thursday's jobless claims. as we know, the fed is watching the employment numbers for any indication of when we might finally get that paper. while that happens, markets are nervous. up as much as 6% in today's trading. definitely nervousness in the marketplace as we hit all-time highs. down here we're watching the yield curve, the steepest climb that we have seen in about two years. we are looking at the yield on the five-year. the ten. and 376. it is going to be interesting. as i handed back to you, talking to one guy, the fed funds futures. is this a taper? there will not call it taper. a lot of talk going on about what they might actually college if it happens. dagen: thank you. connell: thanks. we are going to talk coming about whether people actually

elected juggernaut. dagen: a new survey reveals the u.s. workers are unhappy. well, get over it or get out. you have to move on. connell: we all like our jobs. ken burns liked his job. dagen: i even like working with you sometimes. connell: so cute. opportunities aren't always obvious. 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. how old is the oldest person you've known? we gave people a sticker and had them show us. we learned a lot of us have known someone

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♪ dagen: t love what you do? i do. take a look at this survey. it is an all encompassing survey asking people how satisfied they are with their job not so good. connell: fourth in satisfaction, highest when it comes to job dissatisfaction or hate.

that's not good. senior vice president joins us now. why do we hate our jobs more than people in other countries? >> it is interesting that the u.s. had the largest number. points to a couple of things. number one, when you look at the studies, a lot of european countries and other countries as well have a little bit more of a focus on work life balance. connell: we make fun of that. but they are happy. dagen: way, way too much mandated vacation. >> a lot of vacation, but i think that is something that we can certainly look at. then there is also a big number in the u.s. just people are not that happy. just okay. they are not passionate. they're not finding fulfillment and satisfaction. dagen: had been fixed this?

people say, oh, yes. but you can't do that. connell: people of know where start. >> i talked to people all the time about careers, companies and their hiring. as an individual you need to pursue something your passion about. you really want to love what you do. like the two of you were saying, that comes through. you run into someone. menominee airplay, flight attendant. connell: a flight attendants. dagen: i can't think of the time. every day is a gift. connell: any service industry, people like that. dagen: some people love it. some people don't. but regardless of what you do, i think if you are not happy in your current role, life is too short.

dagen: every day. connell: it will carry over into not only a professional life and being successful but your personal life. connell: it sounds simple, but it is not for a lot of people. they get in there retain every day. we sit here say we love our jobs and that probably a this. dagen: people in the united states work harder than other countries. connell: their work more hours. >> definitely. a lot less of a focus on work life balance. i think that is something we really do need to look at. you want to be in a career that you loved. if you're not unique to think about how you will be yourself there. find ways to make more time. dagen: a head hunter his whole career and went back to nursing school when he was 40, i think. he loved it. he is in the honors in the bronx at a city hospital. he lows every second. >> i believe you will move up and be more successful if you do

what you love as well. connell: i agree with that. thank you. good examples. one of the best in the business of what it does. a lot more still to come. more obamacare details surfacing. the government pledging to cover at least half of the losses. cheryl in dennis want to hear from you. they're coming up. dagen: the debate over bid. heats up. advice on whether you should invest in this virtual currency coming up.

♪ >> he should have been more specific. the point is, they're being offered a terrible health care plan. the minute you. cheryl: you have to go into bankruptcy. he should have just been specific. we all knew. the whole point of the plan is to cover things people need like preventive care, birth control,

pregnancy. cheryl: democratic new york senator a knowledge in over the weekend that she knew it was misleading for the president to make that infamous you like the you can keep its promise. hello, everyone. i'm cheryl casone here with k-9 to take you to the next hour of "markets now." more obamacare details are surfacing. taxpayers may have to bailout health insurance for their losses. we want to hear from you. the dow hitting 16,000. this record rally. and the battle over big point, the virtual currency soaring as the debate over its legitimacy heats up on capitol hill. all this and more in the next hour. starting office monday with a nice rally. i am sure you are happy to see it. dennis: we keep drifting up and over that line. first time ever we have traded at high. starting a new leg up last gasp

of a tired bulb. cheryl: our panel will a and. dennis: top of the hour, stocks now every 15 minutes. nicole petallides to the floor of the new york stock exchange. >> reporter: and look forward to that panel discussion. so many things go into this. we are hitting record highs. the dow moving up to 16,030. s&p 580 note to. the nasdaq composite getting closer and closer. back to these levels. setting records of their own. that being said, the ethier index is jumping after it in three and a half month lows. we are seeing a jump. while there are some who just say, hey, yellen, win, win, win. tom lee over there, the equity strategist raise his price target to 1825. plenty of balls out there, but also that cautionary tone. how high can you go? the mix is really evidence of

that. with. dennis: picking. cheryl: hitting a milestone of 16,000, but is this a sign to get out? to a spring in our panel. to you first. billions have gone into mutual funds. is this a dangerous sign in your opinion? >> some interesting that the automatic counter, even though the professionals, hedge funds are significantly underperforming the market, it is not necessarily immediate -- give them a kind of thing. obviously the market has had a huge run. cheryl: okay. dennis, to use a? >> so scary when you see any threshold like that. some of this has been predicting

all year long. i'll see how suddenly stocks it right here and turn back down. i think the easy money will keep people pretty optimistic. there are some signs that the u.s. is, indeed, yelling. cheryl: what do you say? >> the easy money policy assuming. in right now lot of the talks i'm hearing from the trading community is that because of the deficit growing at a slower pace and that, you know, the debt has not been piling on as fast, that the fed might not see that they will taper, but then my say that they're going to buy less bonds. a lot of talk down here. we might not even hear the words tapir. they might find another way or another source of language so as an aspect of the investors. guess what, it might still be off to the races for the stock market if the fed can dance around the words. cheryl: what do you say? obviously the point is when there will taper. this tech to taper senate that

could be more of a risk. sk everybody who is either in the market are thinking about it to let the last time the fed changed policy. the market pull back temporarily . the federal reserve. dennis: you think things are going higher? >> a tremendous amount of room to the upside. cheryl: sandra. >> charles, and i wanted to finish this sentence earlier. my question to you is to know why every time does the market get on pins and needles one lawyer from the fed if the reason that we are at all-time highs not because of the fed? why do we even care? >> he said we. we don't care. i don't care. there are some people. let them. that is my goal. weakened by their weakness. that is what happened the last few times.

not taper but hiking rates. the market pullback and denigrated amazing buying opportunities right around the corner. dennis: let's bring in jeff flock. we heard walmart say this morning, walmart worry that higher health care costs could pull that consumer demand at retail. obamacare beginning to emerge as an economic war? >> you know, you have been hearing for some time, especially with the transition and some employment based health care plans to put people on the obamacare exchanges, we really don't know how this will play out because it is just beginning to play out. we don't know how much it will cost, what kind of shift in burden there will be. we don't know how quickly the obama administration can fix these changes and even if they do, 27 million people according to the administration in the first month tamale 100,000 signed up for health care, enrolled in health care, we don't know if that used disparity has to do with just

the functionality problems of the website or if it has something to do with the fact the people just think it is too expensive. cheryl: let's move on because we would get into obamacare. how could we not? there is a little-known fail-safe that gives protection for insurance companies against losses for the first three years. we need taxpayers to be on the hook. didn't the president say this would not add one dime to the deficit? >> he did. the congressional budget office right now agrees with them when you consider last analysis they have done this. that was before the technical glitch and before this fix that the president announced, which if you look at what the actuaries are saying, you're going to now -- is your offer these plans that obamacare is phasedown and reissued in next year, that removes younger, healthier people from the pool that are paying into obamacare, creating a separate system and could create a problem with the federal government having to go when and subsidize health

insurance companies so they don't get great shock. cheryl: that sounds like a bailout. dennis: is sure does. if insurance costs in the first three years of obamacare run 3% above the target cost the government gives them half of that overrun. if the cost is more than 8 percent above and shares star is the government would give them 80 percent of -- well, this is effectively government seizing health care profits. the insurers in the burning higher profits, they have to give the government cut. this is the government seizing private health care. >> some people already. going to use 85 percent of the money that they taken from premiums on care. i think the greater issue is when you have an industry sit down. and then we get almost 3,000. we keep getting these surprises. the ultimate gift that keeps giving. cheryl: you can just hear taxpayers in chicago. wait a minute.

we will bailout insurance companies. >> nancy pelosi. in the seas to bring of those infamous words, this just pass this thing so that we can find out what is in it. that is really what's on the table. company's costs, benefits defense cannot well over 80 percent. did you know that? i don't think this is what the taxpayers signed up for? dennis: i will make sure my costs run high so that the government can bail me out. cheryl: from bailout, let's talk bubble. you like this one. but point continues to surge above $600. is this the bubble? is it a buy? >> can i be totally honest? i do feel in the dark when it comes to big point. maybe as much as of your nose.

what you hear and read, but this is pretty crazy stuff. it is too big to ignore. it has become a big deal, growing exponentially since it was invented in two dozen date. a lot of people are involved. when he stuck to hear about the black market, heroin trades in drug deals and these kinds of things, someone like me step back and says, there are other things i can invest in. i would rather invest in something that i know. cheryl: it turns out the drug dealers can use, oh, my gosh, cash. dennis: the bigger problem is twofold. i guarantee, yes, it is a bubble second, federal regulators will definitely come in and mess it up even worse. cheryl: that's a good point. actually later on this afternoon that homeland security committee will be listening to a case being made. on the other side, a lot of legal activity has now been tied

silk road actually shut down for heroin distribution. what do you make of that? >> right. deep web purchasing is enabled by bit point. something that but to the justice bachmann are not happy about. it makes it harder to police. purchasing illegal weapons. it just makes it easier to do. my question to you, the fact that there is no ben bernanke forbid point, does that make it better or worse? >> it is a complicated thing. c. it creates more there will be a limited amount. it is an indictment against the currency. people who are bought and, they do not like central banks. it did not like government. they're saying that the balance should be nothing. ultimately it will be worthless and that this is the only true alternative out there.

i am not in it, but i have to tell you something, 4,000% this year. more and more people, and china, it is getting some acceptance. dennis: isn't there a central bank? kent i in men's my own as well? can anyone anywhere? >> that's why i have not done involved. they say you can. it's up if anyone is looking for heroin. to your point, it was already out there anyway. dennis: you should not be bringing estefan from some other market. >> if you're looit'ng to uwillod your dollars, let me know. all taken. all in been something for you guys. cheryl: guys, thank you. always good to spend on monday with you. dennis: tomorrow's business, and the segment to help you make money ahead of the curve. it'cking it off with apple. looking to get a 3d.

cheryl: and healthcare sticker shock. the promise of low-cost coverage not a reality for some. prices spike on the exchange. several, an amazing day into this story. it will take a look at energy as we get a break. @??

♪ cheryl: the aircraft manufacturer getting a huge order out of the dubai airshow. the stock right now. that is a gain for the downbeat the impact on more than 17 points. order 150 triple 7x airplanes. that's about 76 billion revenue. the long-range fuel-efficient airplanes, and this is great for companies for international carriers. someone to check the industrial sector. you want to watch.

the entire sector for the entire s gy. time for stocks now. the assets of the floor of the new york stock exchange. >> reporter: come wa. shing these solar stocks, solar companies in particular. the start out with jean go solar which cing.e out and posted another quarterly profit, a second straieopt qualarerly profit, the industry of the last four years are so has had some tough talor in the road. now a different picture. you can see a one week jarred. upimpt epercent today. unlike some of the chinese rivals, actually is popular. a project business which provides a layer of margin above just manufacturing, but if you're asking yourself why he did not buy some solar stocks t3 know why didn't you buy these? if he -- these are great performances. how about the year to date numbers? of 284% this year.

also, some power up 520%. for solar up 109% previously highflying group. cheryl: thanks. appreciate it. dennis: kicking off a new segment. focusing on ways you can get ahead of the curve and make a little money. today, apple, the tech giant on the verge of buying a 3d company called prime sense. well street journal and others ed py a cule is dennis kneale te israeli company because of its 3d motion sensing beecher and currenf ay is used in microsoft exports 360. the technology uses cameras that the death of people throueop movement and gesture is. my apple be interested in using it? repolaredly spending $345 million, not even a rounding error. how the stock here today, down a buck and a half. cheryl: instead of saving money, premiums are soaring under obing.acare.

we will take a look at the hardest hit investigations. dennis: it almost is make it will break the time. also for companies like j.c. penney and. first, here is of the woralr's currencies of varying against the u.s. greenback. hi honey, did you get e toaster cozy?

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♪ >> reporter: get 22 minutes past the hour, i'm laurin green with a mon1 minute. and delicatn taking place today at the crippled fukushima nuclear plan in japan. removing radioactive fuel rods from the reactor. the first head toward the full cleanup of the earthquake in tsuning.i ding.aged plant. confirmed dead after fierce storms by strong winds and tornadoes inimp2 midwest dates. the toll is expected to rise in washington, illinois, estimated ct 0 calls were either ding.ager destroyed. the governor of illinois has declared seven counties died psr areas. may3 lote today to further restrict the powers of mayor robelar ford. revealing lofty goao r of planning to run for reelection

and hopes to one day run for prime minister admitted to smoking cocaine and bulike jng illegal drugs peabods apologized but refuses to resign. and those are your news headlines i3 >> rrin green. back to cheryl. cheryl: that is confidence. thank you. well, remlitber when president obama said this back in 2009? >> if you are saying to people, you have to get health insurance but they can actually afford it, i hwe to pay a penalty if they don't get it, that is a pretty big burden on middle-n families. cheryl: it turns out that middle-class families are already feeling that burdeoca state health exchanges due to a dramatic price spikes. here with more, elizabeth macdonald. this was supposed to happen this way. but you have found is in states acroat the counties l premi--se completely spiking on the middle-class. heryl: that's right. in the emilhange's compared to what they were pre reform.

let me show you theimpmy astates that we are seeing the price spikes happening. states like nevada, arizona, minnesota, wyoming, you will see these other states where they sought a doubling of their price pre reformi- what we are also seeing is even when the state exchanges hwe >> rnched in states like california, texas, ohio, vermont, we are seeing the costs go uup 1 so pre reform premi-- costs have been doubling to be within the state emilhanges the eaelves rece nuing price increases of anywhere from 30 to 40, 50 percent. cheryl: even in a state lclase texas, those that may be gutted "in september and the premi-- was $um0 a month, they're going back and finding out that the premium "is $400. heryl: that is eughctly rigen t. seen their premiums go up in the state exchanges. so this is basically ird ormatin from the help the same site, the

big four consulting firms, also looking at this. and ao rmi- seeing deductibles spike higher as well in california, texas, pio, kentucky, places like texas and anywhere from five to 6,00 cos even 8,it w 0 ded optie the state emilhange. so what this means is that people consider the eaelves to all rigen t. i am one of the individuals, one of the 15 million. and then i get to the state exchange. when you say to yourself, premiums a douce are going to 5o rmit w , 6o rmit just pay them and a tax? cheryl: society affors gce act. there shoualr be the on affordable care act. cheryl: what w wre seeinange all rieopt. we will give it a year or so. see if the premiums come down. we hwe seen an inexorace in premiums and deductibles

heryl: you found out that thoser 50, the premiums are going up 75%. heryl: thahaps rigen t. sicker, all the people and then the government mans gte requirig coverage. cheryl: great investigative work. thank you so m oph. appreciate it. dennis: it is time for j.c. penney to put up or shut up. we will take a lick it the retailers fieopt to recover from a near-death experience. cheryl: not all bad nbuls for te housing market. as we head to break you want to take a look as some of the winners. names youe, tnow. we will be right back. (vo) you are a business pro.

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>> at pivotal moment jcpenney with earnings out tomorrow and the holiday shopping season approaching. will the company make it or break it? the u.s. motility to cut benefits for housing, health and education. details ahead. it is being called the biggest off network rerun deal in network history. fox simpsons ranking in $800,000,000.500 episodes from sister network fxx. doh. and let's go to nicole petallides. nicole: where taking a look at some of the movers on wall street. a dow at 16,010, new record highs for the dow jones industrials, but let's take a look at a name like boeing which got a record order. $100 billion. this is a big deal for boeing

helping the dow jones industrial moving the stock to a new high. nike, google, we are keeping a close eye on sony which such records of its own with the new playstation 4 over the weekend selling over 1 million units of the new playstation 4 in north america. their goal to sell 5 million of those units by the end of the fiscal year. analysts think they will be selling at least 3 million by the holidays. and a quick look at twitter. 42.15. of course this was a $26 ipo, about $50 on the day of the ipo. it is in the $30 range, but seems to have found its spot around this level. back to you. dennis: thank you, nicole. cheryl: from retail to restaurant to text, they are

finding themselves in make it or break it moments. literally fighting for survival. each day this week we will be taking a look at some of these names facing pivotal moments in their history. first up, jcpenney reported a quarterly earnings before the bell, let's bring in from morningstar. paul, you still have hope for jcp. you are saying sell, sell some more. why do you think jcpenney is actually going to make it? >> one of the most important things is that the sales trend and the conversion trends have been getting better. the market has also underestimated the macro impact on middle america, which is actually getting better. the market also underestimated how important some of those brands which seemed kind of humdrum were important.

now they are back in. cheryl: using the reason this is a break it is the stock performance. 553% down. but you still own it. >> jcpenney will not make it through the holiday season, but will they break it? the sales improved but they're giving it away, and above that are starting to see 80% off. the traffic still negative. cheryl: w we're looking at your points right now. it is slow, prices zombie zone i think is interesting and the cash flow. >> in one of these new aisles, you can wind the front line across there. lot of openface department store unproductive zones, i almost think they have to bulldoze some of these sections.

cheryl: that is one of your top points. >> the reason they have 80% off, by the way they always have had really deep discounts is because they're trying to clear out some of that merchandise that was brought in under the old regime. in the fourth quarter they will probably be the cleanest they have been in a long time. it is not fair to compare this summer to the fourth quarter because they were clearing things out. that is unsustainable. but can they find the right balance between stuff on sale, stuff on clearance and still get the margins up? i think the trend is actually true. cheryl: you are in the positive camp. same-store sales, that is kind of small but we will give you that one. are you more positive on the online sales? >> the same thing has happened,

up 19, 26, now you're in the 30s. all the same-store sales numbers are facing the fact they were down this morally the year before. they have to get better in an absolute sense then where they are today. they have improved the margin as well. i am voting on customers coming back in and being satisfied they found the stuff that was taken out, and it is getting a little bit better for the middle american customer that serves jcpenney. cheryl: there will still be more losses expected. >> when the press release drops, liquidity, if they don't reiterate in excess, the stock is going down because the positivity will be thrown down the drain. they will continue to say the company is burning cash too fast.

cheryl: what about the holidays? the holidays make it or break it for them. a quarter of the revenue comes with your overall sales in the last three weeks, four weeks. >> they were leaving it all in the field. because they are, you have to worry about their liquidity in the coming 2014 despite what they have done to raise cash. they have to do a lot more. cheryl: if you're at a jcpenney's at 4:00 in the morning you get a free disney snow globe. will that fix the problem? >> i have always said never let poor taste get in the way of a good business decision. people shopping at 4:00 in the morning are not us. >> i will tweet you a picture of my snow globe.

>> now you're going to ruin my thanksgiving, had to go and get one myself now. cheryl: 8:00 that night, they will be open. maybe they are ruining thanksgiving. dennis: the big broadcasters just got a formidable new ally in their fight against ariel. the national football league and major league baseball telling the u.s. supreme court if it is ruled to be legal, the leagues will remove their games from broadcast networks and air only on cable. it is free over the air reselling them to broadcast users without paying the cut. they are asking supremes to intervene. the new sony playstation sold a million units in the first 24 hours on sale on friday. a great shot in the arm for struggling sony. be happy for them. and the new scandal at bloomberg. suspending a reporter suspected

of leaking a story to "the new york times." saying the company spiked the story between chinese officials. they vehemently t denied that. and simpson signing $800 million deal to put over 500 episodes of the simpsons on our new sibling the fxx network. synergy, baby. cheryl: d.c. still taking its toll on the fragile health market. dennis: is internet gambling a danger to society or las vegas casinos? why he says the practice will ruin the traditional bottle. and 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

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>> i am tracy byrnes with your fox business brief. three stage companies in a bid for the euronext. london stock exchange, the nasdaq have each discussed the possibility of making offers. they agreed to sell euronext as part of european regulars approval repurchase of nyse euronext. they have approved to review the

finances. i will verify and consult on the vatican's economic activity part of hope france's economic reform. and honda among the top brands retailing highest dollar value. a company tracking car depreciation. toyota has most models overall with the top resale value in their segment. that is the latest from the fox business network giving you the power to prosper. and our networks are getting crowded. t if congress, the fcc, and the administration free up... more licensed wireless spectrum, we can empower more... people to novate, create new technoloes and jobs... and strengthen the economy. america is the world's leader in wireless. free up linsed spectrum today, so wireless... let's keep it that way. can do more foamerica tomorrow.

dennis: national association of homebuilders monthly gauge of older confidence missing expectations slightly this month but must not all be bad news. reading comes in at 54's addressing more builders think sales conditions are good rather than those who think it is poor. thank you for being with us. what do you think overall of this month's report? >> frankly i think we dodged a bullet.

a real condition of the builders optimism given that it reflects the time. where the government was shut down and in turmoil. i think it is reflective of a reasonably strong housing market. dennis: where do homebuilders fall on the optimism scale? are these guys usually way too optimistic earlier than the rest of us or are they reluctant to get optimistic and they trail the rest of us so this latest reading is it going to lead to more upside or more downside? >> generally speaking homebuilders have been optimistic but they have never been through a recession like we just were coming out of. this fairly well tempered. the fact these guys are starting to really plan to get back engaged in helping the american economy. dennis: getting rocked around

the fed would stop buying bonds, meeting the demand is going down. those on mortgages for homes go up as well. what do you think about where it is headed. >> we aren't interested sensitive market. but the interest rates are incredibly low. and while some buyers will be forced out of the market, there is still a real strong base of qualified buyers. going up way more dramatically than anybody is anticipating, it is not anywhere near a crisis yet. >> would look at the stock price, you can see you compare the housing market, single-family housing starts, they are of a whole lot more.

>> no, does not worry me. that is a longer-range mood of optimism things are getting better at it is good to get in developing early on. dennis: lastly, what to get in the way of continued progress in home builder optimism there? >> you've got another debt crisis looming in january, february, and please the members of commas and the administration, got this thing solved before we go off of a cliff or even come close to it. that keeps the whole economy on bated breath. dennis: even if they went up toa half a percentage point, people could still buy a house for pretty cheap interest rate even if it went up, couldn't they? >> yes, that is correct. some of the new restrictions on lending, interest rates going up right now are probably not going to limit the well-qualified

traditional first-time homebuyers from entering the market. once they enter the market, you've got the move upmarket playing off of that. if things stay stable in the overall economy, the housing sector is going to be poised for a very big strength. dennis: i like it. thank you very much for being with us, jerry howard. cheryl: it is time for the fox business stock rate. looking at a forecast for stocks. take a look at this stock right now, the largest food processor in the united states. a gain of $0.47. up 28% fourth-quarter income coming in at $0.70 per share. they beat fiscal year 2013 analyst estimates for all of this. higher chicken sales actually a product of a rebound in beef as well. higher beef sales, higher pork prices going up helping chicken

prices, more consumers going for chicken. 72%, that is the stock over the last year. 2013 production actually was down, the ceo retiring, and less than this company is being a little too conservative with their forecast. prices going higher meaning it is forecasted to be higher for 2014. it is not aggressive enough in the forecast. if you want to compare these guys to hormel foods, look at last year, food is a pretty good business. whole foods and watch stocks like safeway in the same realm as well. if those prices continued to go higher, that could be bad for the big-name retailers we follow. that is your fox news stock

radar. dennis: and negative impact on the oil market. to find out why this possibly could be the case let's go to the trading pits of the cme, phil flynn. i don't get it, why? >> hope springs eternal. selling a million barrels, it will alleviate some shortages and that was the play early on. we saw them reverse the spread. selling off, taking out some of the risk premium rallying, but forget about that, that is 10 minutes ago, everything is changing right now. comments just reversed crude. dropping $1 after comments from the fed official who says he is upbeat on the economy. if he is upbeat on the economy and he is a dove, shui downbeat on oil because he thinks that increases the odds of tapering. oil to get right away to the downside, dropped over $1.

also interesting he said we can tell that by oil. dennis: tapering is a big bogeyman. you have to think the fed will taper only when it can because the economy is strong enough and i am sorry for my ignorance, but why is it oil prices fall when loose money policy ends? >> because you're going to be seeing a stronger dollar putting downward pressure on the commodity and at the same time it could slow down demand if they are going to taper, the economy is getting stronger if they try to slow that down even a little bit it impacts demand. we are right back down. dennis: thank you very much, phil flynn. >> thank you. cheryl: time for your "west coast minute." oregon is struggling with his os online enrollment exchange get it is still not live or even

operational. more than a month past the deadline. they compensate with paper applications being processed instead. new fracking regulations are being proposed in california that will require oil and gas companies to reveal what chemicals they plan to use. notices neighbors would have to go 30 days in advance, extra permits to be required. if passive make california the toughest state in the nation when it comes to hydraulic fracturing. and ceo feuding with industry rivals and some in congress over internet gambling. he wants congress to ban internet betting. he says the practice is a danger to society and will ruin the industry traditional business model. of course he would say that. a stock as we go to break. business is business. dennis: as a pentagon struggles

it will cost military to take a hit. cheryl: we will be right back. clients are always learning more to make their money do more. (ann) to help me plan my next move, i take scottrade's free, in-branch 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 don't trade like everybody. i trade like me. i'm with scottrade. (announcer) ranked highest in investor satisfaction with self-directed services by j.d. power and associates. 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?

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dennis: just a week after the celebration of veterans day, u.s. military commanders have agreed to a plan that would curb military benefits. the pentagon decided to cut housing education and health benefits for current members of the armed services. the new plan should be a

multiyear solution. they had not revealed details of the plan would have said current retirement benefit plans won't get caught. cheryl: forget twitter. another company had an ipo. so i'm boutique items for babies and kids at 50% off of regional retail prices. the stock jumped over 87% for the ipo on friday. the stock is down a little bit right now, but these tech ipos whether it is twitter, chinese companies coming to market, i think it is going to be like the bomb, you know what i'm saying? dennis: huge moves for stocks. sorting record highs, but what about the economy? larry summers is on secular

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>> a record day on wall street. lori: the dow blasting through 16,000. while the calendar may only say november 18, the dow gained so far this month outpace the entire month of october. dennis: market soared to new highs, word of caution from larry summers. slow economic growth and high unemployment the new normal? lori: will have it for you in moments. and bitcoin off the races. the virtual currency soaring

above $600 as congress debates its legitimacy. federal agents warn about it being used to launder money. dennis: apple looking to go 3d. is trying to buy the company trying to buy the 3d cameras in the 360 connect. lori: as we get the update every 15 minutes, nicole petallides. major milestones be at nicole: it sure is. record day on wall street. not only a record, but some key milestones. dow 16,000, s&p 1800, that is where the big deal comes in because the truth of the matter is this has been a record year on wall street. the dow on track for its 39th record close on the year. that being said, the vex has done a bit of a turnaround. on friday we saw it