is that what we have been reduced to? taking photos of mourning spills? we are all guilty of it. you are all right by me. did the republicans give away too much with this budget deal, and why the federal reserve and watchers there are concerned that the money will stop flowing. one of the biggest problems when it comes to food waste, you won't buy it if it doesn't look good. the new ceo of general motors and why many american women believe much more needs to be done to get females in leadership roles. and you're at home at the push of a button, how automation gets in style continues to change the way that we live the end all that and so much more on this hour of "markets now." connell: a pretty big fan of "the jetsons." pretty good show.

dagen: i want to name my next dog cosmo. is that what we have been reduced to? connell: that is pretty much where we are. nicole petallides joins us to start things off at the new york stock exchange. good morning, nicole. nicole: right to the stock market. down 52 points, a loss of one third of 1%. also seeing the nasdaq and the s&p pulling back as well. of course we have had a stellar year on wall street. still fed tapir talk moving into december 17, 18th we find out more budget talks on the table as well. a lot of wildcards which is why we could see the fear in it, volatility index, a fear gauge to the upside again. clyde's are pulling back, that is something w we're watching as well. visa, home depot, 3m up along with mastercard.

that may be helping visa along. later we will talk about smith & wesson, some of the other movers. connell: thanks. dagen: is a done deal almost. reaching a tentative deal to prevent another government shutdown now comes the job of selling it to both their parties. connell: the latest on this proposal. peter. peter: it bus the sequestered bit providing relief in more spending over two years, split evenly between defense and non-defense. including deficit reduction over 10 years. hit does not increase taxes, extend expiring insurance benefits or increase the debt ceiling. congress will deal with that later but to pay for all that the deal raises the airport security fee to about $5 for one-way ticket extending cuts to

payments in medicare service providers for two more years. it makes modest reforms to federal employee and military pension and it raises premiums that companies have to pay for federal insurance on their pension programs. dagen and connell. dagen: senior projec project ofe bipartisan policy center. joining us from washington, d.c., and able to provide levelheaded analysis the last time we went through the fiasco in d.c., as we have avoided this time. what is the deal with the deal so to speak, what do you make of it? >> two important points, chairman ryan made a great presentation to his house republican colleagues, and as has been told to me by somebody who was there, there were more positive comments than negative. that is important. i think we have some good news

on that front. number two, this is sort of like saying well, the ship did not make it all the way to an island, however it didn't sink, and that is the most important. no, we never reached the great goal of a grand bargain, but we did something pretty important. for the first time in 40 years, congress has actually been able to do what is called regular order, pass a budget, they will be able to pass some appropriation bills. we probably will not have a government shutdown. this leads the way to not having any drama over the debt. it has not reached its destination, but it is still on its way. connell: i saw a quote attributed to you that said the deal will either be really pathetic word will not be a deal. it sounds like you think it is a little bit better than pathetic.

>> for guys like me, it is pathetic. but for guys on this staff often done, is a big step forward because it shows finally the chairman cap gets together and probably give something to the colleagues to pass. and this is just the beginning, this is the first step. i remind you of a quote of the joint chief of staff use when they said modest, but a beginning. that is where we are here. connell: i want to go back to something you said about what the republicans are talking about, house republicans, particularly those with the tea party will end up supporting this. tell us if you can what you know about the thinking inside republican caucus. >> i think it looks much better. chairman ryan made a very good presentation, and the big point is this, do you want to go through the drama of the last three or four years in which the

republican party has suffered more than the other party, or do you want to do something practical at least one step forward and avoid all of the drama we have been through. that really is the selling point. connell: are they are doing it on the merits or political argument of let's get this out of the way so health care and obamacare stays front and center, do you know? >> you're going to hear the speaker as he said health care is still a problem. but i do think the bigger issue is this, let's not do the stupid things we have done the last four years, let's show congress can fulfill the constitutional duties, pass a bill that funds the government on time and in full and about 10 years ago we always did that, we have not done it for four or five years and that is the selling point. connell: you could debate if the spending cousin everything else,

the idea even from our point of view hated having to talk about shutdown would be a welcome change of pace. the chance to talk to you again today, so thank you a lot. good stuff. dagen: anyways talk but with the federal reserve will pull back from the monthly bond buying program but with inflation subdued, is the fed ready to move anytime? joining me now, the founder, managing partner there. happy anniversary, by the way. i did not know you founded it. good luck with that. >> it ironically worked out. but we would not have had the guts to start the company when we did because he would have held our good jobs. but h it wound up being an opportunity for us.

dagen: some people are saying this speeds up the bond buying program by the federal reserve. haven't talked to anybody who thought up until maybe today the fed would start moving until janet yellen was named fed chief. >> personally i think it is unlikely. as he said in the intro, inflation is actually moving in the wrong direction. you have some leeway. 1-2 in the u.s. inflation is below 1% in europe and i also think there is a lot of people discounting this but a political transformation it has to happen at the fed. power will be shifted, and i think she will have to be very much on board. she's going to have to be very much in support of any move the fed makes is that a lot of pressure from inflation. there will be a tendency to stay pat until she is fully in control. dagen: until when? so that a lot of people predicting an earlier poll back are wrong?

>> in terms of the tapering, i don't think so. nobody can stand it anymore. there is actually one technical reason why the fed may have a start tapering sooner rather than later. a purchasing 7580% of the treasuries because the deficit is coming out, the fed purchasing virtually all of the next new estimates does not really a new market. dagen: there simply won't be enough out there. >> the fed buying 540 billion on pace of treasury securities over the course of the next year. dagen: what kind of scenario does that set us up for long-term? it would just the buying less in the near term. will they sit on all of this debt until they mature? >> in my job you had to talk about what you think is going to happen to help investors and talk about what you want to happen. what i want to happen is the fed to get out of the way because

this is clearly not, if life was this easy and you can have central banks aren't many and politicians spend it, there would be no need for free enterprise. we could go home, no need for the show or any of this stuff. right now this is the plan, trying to get asset prices up and longer-term implications out. it will be inflationary at some point down the line. and as it says in the good book we don't have the time or the hour, but this is a very inefficient way of getting economic growth by being so generous on the part of the central bank. dagen: what do you do? >> i am more of an equity guy, but i would be much more inclined to buy 10-year treasuries then sell them as a trade. inflation is moving lower, and the fed is purchasing as the marginal buyer. i actually think there is some

modest value in treasury yields right now. you may want to sell the five year and the 30-year and by the 10-year or something like that. dagen: please come back more often. i know you're busy traveling. but thank you so much. connell: one of the big stories was gm, the first woman ceo taking over. today interesting, there is this new ad that highlights how hard it is for women to fight their way to the top of a company. we will show it to you and talk about it coming up. dagen: all of those people turning their nose up at ugly produce. organic food is really ugly. they are being blamed by higher levels of food waste around the world. connell: you may never have to leave the couch when all this is said and done. dagen: we leave the couch now. connell: look at oil.

every day we're working to be an even better company - and to keep our commitments. and we've 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. in fact, we've invested over $55 billion here in the last five years - making bp america's largest energy invesr. our commitment has never been stronger.

connell: do you already know the healthiest state in the country? dagen: i don't, but i know one of the healthiest for doggone sure. connell: and the unhealthiest. dagen: it is always mississippi. i am guessing. shares of mastercard hitting new highs. what is going on? nicole: let's take a look at mastercard. right now 796.66. we saw mastercard moving to all-time highs of 801.63 on the news of a couple of pieces of news. the dividend rate, but also a share split. mastercard's world's number two credit card company announced 10 for ma10-1 stock split. bringing up these and american express at one point along with it. visa has been a top performer at number one.

visa up 2%. american express at a high point traded 85.28. it has since pulled back from that level, but this news really brought the whole group to the upside, so we are watching mastercard closely which announced $3.5 billion buyback program and raised the dividend as well. connell: america's health rankings report is out unveiling the healthiest state this year and the winner is outside of the mainland, it is hawaii. the healthiest states as measure things like tobacco and alcohol use, that kind of thing. vermont, number two, is down a little. dagen is right, mississippi is indeed the unhealthiest estate, which is consistent on back to 1990 when they started this. mississippi is always at or near the bottom. this is the first since '98 obesity rates did not increase.

so there you go. dagen: the thinnest state is i think colorado. that is not even in the top five. so, you see this every day at the grocery store. more so in the middle of the day. full of people, nothing to do except sift through the produce for the perfect avocado or the shiniest apple squeezing and squeezing, fondling, fondling, you know what i'm talking about. they will stay there all day if you don't throw them out. they say this could be contributing to the world's food shortage. food sourcing director says buying wonky fruits and vegetables would do a lot to cut down on food waste and the supermarket chain is taking steps to put misshapen to produce on shelves at reduced prices.

organic, if you buy organic it is misshapen to, bruised, will not look perfect. the stuff that looked the most pe it. or you will run into me in the middle of the afternoon and i will yell at you for standing there and eaten the grapes and going through the fruit and squeezing tomatoes. ruining it for everybody. the newest addition to a very small club of women running fortune 500 companies. we will look at why it is still tougher for a woman to climb to the top five. connell: and everything you need at home at the touch of a button. and speaking of the markets, here'here is the currency for yu against the dollar. the euro is up a little bit today. [ male announcer ] e new new york is open.

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>> 22 minutes past the hour, i am arthel neville with your fox news minutes. thousands of riot police pulling

back after clashes in the capital city of kiev. the situation as waiting since the government backed away from an economic deal with the european union's under intense pressure from russia last month. a date for the u.n. speculation on mac inspection of a mine. the countryside with international energy agency, the agreement separate from the one ain't with world powers last month. they tasted john kerry on capitol hill yesterday befitting that deal and mounting bipartisan concerns. and a miracle in the mountains of. a family of six missing for two nights in subzero temperatures found alive. the family disappeared sunday night shortly after heading out for a drive in the snow. they were found yesterday afternoon some 20 miles from their homes. back to dagen and connell. that is a christmas miracle.

connell: charles payne is here looking to add solar products to your portfolio. charles: i am being a little stubborn because i'm going for the short after getting hit pretty good on monday. but this is a company i like a lot. i had it earlier with neil cavuto. i think it is pulling back a little bit off of the top. they are going to grow. i know people hate the way they get the subsidies, and so do i. but it is something that will continue to happen. this is not one of those outrageously highly valued companies. 33% short. anything associated with this will have a high short. up 300%, so it is an easy short target, but this is not some overly valued company. you took away the subsidies nobody would touch it, but they are what they are.

dagen: you realize this goes into like you cannot make investments based on your own personal political place. this company is clearly a beneficiary. charles: it is like don't hate the player, hate the game. i want to make money, and has been a gigantic moneymaker this year and it is going to do some consolidation, you want that to happen but it is one worth owning. dagen: i have owned boeing because majority of the business comes from the government. connell: all you had to do, you could have had 52-week high, just don't hate the player, hate the game. words to live by by charles payne. wwe're learning a lot today. first woman ceo of an automaker was a huge story yesterday. we talked a lot about it.

we talk about the difficult climb still these days to the top of the corporate ladder. dagen: "time" magazine person of the year, the pope. who did he beat out? kind of an easy win. here he is, speaking of winners on the s&p.

connell: with the announcement of the new ceo at general motors, there is a new ad campaign notes today we will

talk about attacking the stereotypes women have to battle still in the workplace. interesting stuff. and tomorrow's business today, more fuel for the couch potato. high-tech homes of the future. and beating out the likes of others, pope francis the big winner. dagen: mccall, what are you looking at right now? nicole: smith & wesson and costco. let's take a look at how the shares are faring. smith & wesson as you can see a gun company up 3% while costco wholesale up. smith & wesson with handgun sales increased so much so that including the pistols rising 27.5%. of course there is tighter gun control domain, we have had a lot of gun violence in the spotlight, as a result

not to this last quarter by zero to the year we have seen people running to buy smith and wesson. short of the analyst@ estimates for costco right now $180 polling back half of a percent. connell: the elevation of the ceo of general motors highlights the difficulty we did have to get to the quarter office but in general. pushing through the glass ceiling after spending 30 years at gm and some of those stereotypes one of the centerpiece of the new ad that has come out but before we talk about the issues take a look. >> ♪ ♪

♪ connell: you get the idea of perception our guest joins us one is bossy one is a persuasive one is determined one is pushy so is it a reality in 2013? >> absolutely. the question is not whether or not it is gender bias but what we can do about it as women and men. connell: let's examine that from both sides hall should women handle their jobs differently knowing this to win in and how should corporations handle themselves knowing this exist?

there is a certain piece of both sides. is there a workplace they should do differently? >> everything in my view. you need to think about how you can change the game and is the rules because even though it is almost 24t the default in the workplace is an end. then schedule sort issues rather than women's that you could have a choice of just played the game and play it better even though there are inherent does vintages or try to change the rules to your in advantage. connell: obviously you have done well and it you are ceo

it was big news yesterday for mary barra. but give us one example of how old woman could change the game. >> i think mary barra is a great example who has been a gm her whole career. she has been innovative banned disruptive and i would say women are much better to seek outside the box because we have never been allowed inside the box and do not know where it is. so tusis mary barra interviewed recently a few months ago and one end of the sayings she talks about was h.r. director that there was a 10 page dress code deliverly she replaced it

with the two words. dress appropriately. women are just and better to think differently about challenges and not necessarily how could we added the 10 pages down by really think differently to be innovative? connell: she had a great quotation no crappy cars. that is the turnaround. [laughter] but to add to the ad so the fact that this still happens if the herod -- the character heidi and how were the same person by how word comes out more likable. maybe the woman is more

likable? so to save as determined they are not likable have you experienced that? >> i am not sure. i think that is true clearly and there has been many studies do show that but i assure you should worry about that. that is a distraction. not that you don't want to be pleasant or create a pleasant working fire meant for people but i think women need to get the message it is okay to be powerful, it is okay to be successful and back to my earlier point you have to figure out how to change the game and redefine the rules. this is an example of women being judge by rules that

default to men. connell: no more crappy cars. great to see you again. dagen: when a man is forthrightly and frank and direct it is considered benefit attractive. but if they will then is that way people are afraid of her. just saying. connell: i am not afraid of you. dagen: it is considered to be a bonus but in the workplace and a woman is a little scary. not offended enough. connell: but for the record i am not afraid of you. ha. [laughter] dagen: from opening and closing doors to change the temperature to lower the

blinds. connell: helping more houses to become intelligent we have more on this from los angeles. >> i can control the entire security system of my house anywhere. i am completely good. we're in the house of beverly hills $306 million. it is amazing to lead the jets and home this is the ipad on the wall to do live from your phone then we will open up the shades of the entire main floor this is done by a company based out west but if you have a home worth 75,000 you could have a home like this phone

companies, staples, lowe's, fall film automation. much more affordable than the 36 million completely automated. it is truly a fantastic advance. take a listen. >> one of the great things our solution offers is personalization. it really makes the home interactive. >> is a you can have a text message alert on your e-mail or you're smart phone so you know, when the door opens and a picture is taken you can see your two kids have come home. >> to other companies are doing this but the expected growth of 15 percent over

the next five years as a multibillion-dollar industry $18 billion by the end of next year. dagen: you do want to reach you show up because i always bring drink and if i bring white wine in it is not called it is warm because it is to be a gift. i do not even know where she lives. he will not tell me. [laughter] justin the general city of new york. kathleen sebelius now says too much was done too quickly. connell: seidman agreed yesterday for the mandela memorial there is buzz around this because we're

not quite sure what he was doing. dagen: and what christmas trees can tell you about the economy. e in a rate. that's correct. cause i'm really nervous about getting trapped. why's that? uh, mark? go get help! i have my reasons. look, you don't have to feel trapped with our raise your rate cd. if our rate on this cd goes up, yours can too. oh that sounds nice. don't feel trapped with the ally raise your rate cd. ally bank. your money needs an ally. mm. mm-hmm. [ enne revs ] ♪ [ male announcer ] oh what fun it is to ride.

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it has a meaningful number of slots in order to compete effectively. washington state congressional delegation appealing the production of the jetliner but rival states are offering incentives to lure the aircraft maker to build a factory in their state instead. mortgage a ceo jaime dimon sang congress for putting together a budget deal he also said he is not worried about tapering as of the people seem to be in that it will benefit our company. this is the latest from fox business, giving you the power to prosper. there e trading opportunities tdd#: 1-888-852-2134 just waiting to be found. tdd#: 1-888-852-2134 at schwab, we' here to help tdd#: 1-888-852-2134 bring what inspires you tdd#: 1-888-852-2134 out there... in here. tdd#: 1-888-852-2134 out there, tdd#: 1-888-2-2134 there are stocks on the move. tdd#: 1-888-852-2134 in here, streetsmart edge has tdd#: 1-888-852-2134 chart pattern recognition tdd#: 1-888-852-2134 whicshows you which ones are bullish or bearish.

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sebelius. connell: rich edson is standing by. the cbo says the administration has 7 million folks needed to get it to work but these are slow numbers and considering the web site whole problem but thursday based exchanges 227,000 people have signed up for obamacare. that does not mean they have paid their premiums was elected a plan goes through the federal exchange o hhs says they expected around 3. 3 million to sign up -- signed by the end of the month that was of a document obtained by folks in congress. hhs secretary sebelius testifies on capitol hill said she would do the rule out a little differently. >> i would have probably a

slow were launched with fewer people and some additional beta testing which is part of what has happened frankly in the early months of the launch to identify. >> through the end of october she said hhs set aside $677 million for the web site and spent 390 million. dagen: and kathleen sebelius one of time magazine's finalist for person of the year but the title went to someone more important -- important. pope francis it is -- he was chosen because the way he changed the perception of the church in such a short period of time he was elected last march the third time the magazine has elected pope as% of the year. there were 10 finalist including edwards noted in

president obama and syrian president. dagen: and she was even in the running? connell: riley cyprus was not top five but she was stopped and. but we thought we would have an update with the sign language interpreter yesterday he has been called into question the federation said he was fake many people saying he was not signing in any kind of south african or american savings said he was making up the signs people believe he was signing in a lesser number of legitimate language did waiting for the government of south africa to come out with a statement they were preparing what we have not heard anything. dagen: he appeared at a speech the president gave a while ago. he was there and i saw a

video it was even more bizarre. connell: is there a simple explanation? dagen: incredible. looking at the two year deal we are all on the floor at the new york stock exchange of course, every ready watches the 10 year at this point. >> we do see the second day of losses three quarter of a percent but how the people feel of the market people don't feel that good even though we rallied quite a bit but they have leveled out the intelligence data shows not only the bubbles at the highest level but the bears are the lowest since 1987. very few bears the end of the household net worth is at the highest level ever.

with the economy that are employed not earning what they were five years ago. of lot of conflicting data from bioscience. connell: a holiday in decatur of christmas trees. every day we're working to be an even better company - and to keep our commitments. and we've 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. in fact, we've invested over $55 billion here in the last five years - making bp america's largest energy investor. our commitment has never been stronger.

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dagen: the latest reading on the shopping season is a traffic numbers. connell: we will go live to

jeff lockhart long dash flock. >> what about the christmas season to watch them cut down christmas trees out did wisconsin. that was easy. it took 20 years to make it and two seconds to take it down. >> and about 12 years to grow. >> i will let you keep going he hasted to 50. take go look at the latest numbers chicago-based that keeps an eye on the numbers of people out there. look at what happened last week. tremendously surprising 21% down of in-store traffic previous saddam 4 percent of black friday week and people wod

suggest it is a move to online shopping and less it in-store shopping because look that over all stores sales it was not down. >> but sales seems to be better this year. people are spending a little bit more. sales are up here. >> more people are buying trees. >> there is a lot of artificial trees. >> we don't talk about those. they have their place. real tree with theg better fragrance to try to keep them fresh. >> out here in wisconsin how much do i pay? >> this is a $40.3. >> i will tell you how much i spent for the 14-foot tree he is a former airplane

mechanic decided his second act was better out here on the tree farm. taylor swift grew up on a christmas tree farm an idyllic life style. dagen: what kind of chain saw is he using? as its steel? >> it is the echo a. >> we have several but they take a beating we usually wrapped them before we wear them out. >> if i cannot hear you don't give me that. >> we give you the 24-inch of bow saws. >> that is kind of aggressive. dagen: just curious giving that for christmas. >>. >> i have three steel ones at home.

in case you are interested. will done. the unique way to tell a business story. crisis ever did as the budget deal is struck but dennis is a niche will fight it out coming up. >> tapping into the homegrown town dhr international gives us the pros and cons with dennis teal and cheryl cassone next.

>> we knew if we force each other to compromise we would get know where that is why we decided to focus on the common ground. >> because of the deal the budget process can now stop going from crisis to crisis. >> giving way to compromise to avert another government sought -- shut down nine

dennis deal here with cheryl cassone f "markets now." we have a deal but will tea party conservatives mess it up again we have dennis kucinich and former adviser to president bush are here. but kathleen sebelius is grilled again more people would pay the fine them signed up but tapping into of raw talent gm in new ceo working the way of the company ladder are all this and more of "markets now." have so we will look at why the dow is down because he would think the traders would be happy so far not so much. cheryl: but this sector is not performing well including materials and push us down today. stocks every 15 minutes with

nicole petallides at new york stock exchange. we sound like a broken record but the december tapering is that part of the reason we see a negative number? >> i am unsure. it is why we see the bank's index to the upside. the negative number on the dow could be the back-and-forth action and uncertainty in budget talks and tapering we will see of that have been as. the 10 year bond that has come off that level. but a lot of the traders cytosine would not -- i have seen with the 85 or even 20 billion to come off the stimulus. so it shows you that the

markets are not moving in a dramatic fashion talking about three-quarters of a percent so people are worried now back to you. >> i think we could see more negative days like today. cheryl: a bipartisan deal reached but lawmakers and the house come on board with the deal? peter barnes is a and washington d.c. to break down the proposal. >> they will approve the deal and it will avoid another government shut down for two years. we feel fairly confident based on the comments with

the leadership of both but it would bid botched the sequester was $63 billion of spending over two years but evenly over defense and nondefense and that is 23 billion of deficit reduction over 10 years but it doesn't increase taxes or extend unemployment insurance benefits or extend the debt ceiling. congress will deal with that but to pay for it to raises the airport security fee $5 for the one way ticket and cuts payments due medicare provider cuts and raises a premium for federal insurance of the pension program. dennis: let's bring in former ohio congressman dennis kucinich think you for being with us. you say the deal will pass

the yen also neither side got anything they want? >> the public and american people are fed up with the chaotic government. they also want to see the parties come together but the burden of the deal is on the long-term unemployed, the military retirees and air travelers as well as medicare providers. look who pays. the whole mentality to make of beds -- budget is not about wealth creation why do we come from a mindset of scarcity? why shouldn't we think about creating wealth for everyone not just the few. dennis: by having government? if you extend unemployment pavements you hurt unemployment. >> you have to get people back to work everybody

should have work to do why is there so many unemployed there should be a different mentality to get people back to work. dennis: i guess that is to have the government spent west to open in private sector? >> absolutely. this deal is rearranging the deck chairs on the titanic. has not changed the fact of $17 trillion of debt or that we paid almost $20 billion per month of interest to service the debt it is creating uncertainty for the marketplace but that is the next battle to be fought. there is perception and reality that it is not a deal at all but if it changes the status quo we are still in need of tough love in the way government

does the business. >> do you feel we don't need to cut that? >> listen. made no government waste from unnecessary wars we're wasting money by having a trade deficit. we need to look at the monetary policy. the fed creates money out of nothing main street is not benefiting from the policies of the fed. i would agree we should be concerned about the debt or the cost to service the with monetary policies deeper into a whole because money equals debt as long as that is the equation than we are in trouble. dennis: as much as we worry even though it is double of 10 years ago the annual cost is only 360 billion and that

is what it was 10 years ago because interest rates are so much cheaper maybe rising interest rates get congress to cut? >> absolutely rising interest rates would hurt the consumer in the average american. it is a double-edged sword. we need to bring in the deficit but also looming is entitlements. if they continue we will have serious hurt put on the american people. because this deal is bipartisan what we need to do is open it up to have serious discussions about our debt, entitlements, budgeting , taxes, it get to work maybe this is a good start. cheryl: we have to wrap their. thank you very much. time before the fox business

stock radar two times a week bringing in jim leventhal from leventhal i sought -- asset management. you say the lawsuits are behind them? >> they are still there but the legal issue has bottomed out and jumping from the low '40's through the mid '40's. bear in mind it is where the stock has been since the orioles bill they have been raked over the kohl's we can opine if that is right but it cannot get any worse and they are exploring all over the globe to pick up eyes reserves. cheryl: the stock is up 13% but the s&p is up 26% to. >> that is a good point. going into the end of a really good year. the s&p 500 up 26% some

portfolios are up 30 percent we want to trim the of winners to go into lower value stocks. cheryl: data is a good shout out to your clients. but look get though lagging sectors where we look at next year but energy is the fourth biggest loser. is that more of a stock issue or more of an energy play to play this sector? >> consider be peace traits are the four-point 8% dividend yield here is the critical point. that is the value of that you would die for of that book value. cheryl: you know, where i am going. this is epsilon. >> i don't want to buy it

here i want to buy it down here. cheryl: here is your chance this is a nuclear power producer electricity is priced off of natural gas which has been no was is a bill that -- reflexion and natural gas prices going down recently they have gone up and we think that will continue as exports pick up as that happens efiks cost producer will do well it doesn't have the variable cost. cheryl: as you think exxon benefits because they are only nuclear? >> with a 4 percent dividend cheryl: now let's talk about corning it is a glass maker but you like them because of foreign specific reason? >> the biggest issues guerrilla class going into smart phones or tablets. cheryl: i once took a

baseball bat i never recovered from that segment. >> it is indicative of the innovation going on up there the well seasoned management team with continually turning hot product like this and guerrilla class will grow nicely at $25 billion market cap it is net cash. cheryl: what was up with this street right here? >> that was the earnings there are more of those two, we're still buying up here. absolutely. cheryl: you are being that contrarian to your last play. [laughter] but corning is on the other. [laughter] cheryl: those are on your stock radar. i did not even ask you about apple. >> but i do own it now. it is great.

dennis: that more people would rather pay the fine then sign up for obamacare. details coming up. cheryl: are you happy where you work? we will have a list of the happiest place is to work some of the names will surprise here. a perfect time to look at the energy markets inventory is out and oil is down on the news we will be right back.

cheryl: the dow is down what could bring the taper decision and this is home depot up $0.76 right now reaching the long-term financial goals one year

earlier the operating goal of 12% hit by the end of 2014 not 2015 ian during 2013 is good same-store sales are up with sales of forecasted for next year who does not love to go to home depot? it is so much fun. showings of the different somebody wearing red? nicole petallides at new york stock exchange. >> now we are looking after a couple of names you can see blackberry bucking the trend it is up to 5% but the census is down 2% of first what did city groups say that is the analysts that kicked off the coverage of the names that wrote blackberry is celebrating in

also cisco systems is celebrating the price target down after $4. that means with qualcomm that cisco lost the challenge. cheryl: we will see you at the bottom. dennis: kathleen sebelius grilled again over the snafu of obamacare hall many people enrolled in november just 364,000 short of the target set for the rent and with the new survey showing for added ted would rather pay a fine day and by health insurance terror we have liz macdonald. it is easier to pay the fine >> is $95 or 1 percent of the households in combat what is surprising is 30% say i will pay the mandate tax that is higher than the

20 percent that a gallup found that 28 percent they will pay the tax first not to buy the insurance. >> so maybe the portion not signing up is going up? >> it depends on the research. two-thirds say we will get insurance but as people get older they say we will pay the mandate tax instead. >> it should be the other way around the young people should go well and the older people should want to sign up. >> the more people understand how it works they say i will not pay it. they found only one-third of the poll respondents did not interested in the tax and

they did not understand what the mandate tax was all about. >> because they cannot deny the pre-existing condition i will hit by a bus then sign up tomorrow. >> will that tax go up? dennis: that will incentivize me to sign up. cheryl: keeping america's cup in america of the fight for the big race. details coming up in the "west coast minute". dennis: what bernanke will look at looking at the december tapering but how the world's currencies are tapering against the u.s. dollar first. hi honey, did you get e toaster cozy?

yep. got all the cozies. [ grandma ] with n fedex one rate, i could ll a box and ship it r one flat rate. so i kn untilt was full. you'd be crazy not to. is tt nana? [ male announcer ] fedex one rate. simple, flat rate shipping with the reliability of fedex. [ male announcer ] fedex one rate. every day we're working to and to keep our commitments. and we've 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. in fact, we've invested over $55 billion here in the last five years - making bp america's largest energy investor. our commitment has never been stronger. so i can reach ally bank 24/7, but there ar24/7.branches? i'm sorry, i'm just really reluctant to try new things. really? what's wrong with trying new things? look! mommy's new vacuum! (cat screech)

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>> 23 minutes past the hour. the of bodies of nelson mandela lying in state today hundreds of people in south africa filing past the glass covered casket of long the dignitaries south african president a of zimbabwe

president and you tousing error bono. the situation has ben escalating cents a different back away from the deal with the european union after intense pressure from russia time magazine denounces pope francis says person of the beating out finalist like edward snowden the magazine credits francis for changing the perception of the catholic church in an extraordinary way in a short amount of time. those are your headlines. dennis: time to make some scratch with charles payne. >> in this environment it is hard to find something to chase but this is a remarkable story i don't see a slowing down. not only in macao and

singapore -- singapore but taking market share the last quarter the venetian businesses up 20% in macau. up 47% loss vegas was down 3% it is up your asia story on the mall side record covers and record revenue this is a stock that has room to the upside. dennis: yesterday analyst were concerned the macao revenue would decrease the paper wrong and it is doing gangbusters as well. dennis: id asia their income is one-tenth but the average debt is three times the best of las vegas so it is a great market and the chinese are stopping people from coming and they control the traffic into the cows so they keep a tight re but

they have loosened that up then they will make up that much more. dennis: i interviewed the ceo in 2010 there is a concern when he finally does >> people are worried about succession plans but the business is pretty much established but i will tell you last week the final jeopardy answer was macao and i did get it. dennis: i wonder if it is his wife. >> you think so? dennis:. cheryl: she is very involved she is younger and very involved in the management. >> she would have an influence but they just needed to keep growing. cheryl: how about calling it

a healthy state? hawaii tops the new list with details coming up with the "west coast minute". dennis: what christmas sales -- christmas tree sales can tell us and jeff flock joins us live looking at today's winners in and losers on the s&p. capital to make it happen?

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>> coming up in this half hour of "markets now," from mailroom

to boardroom, the pros and cons of homegrown talent. what christmas tree sales say about holiday shopping in general, and keeping the america's cup in america. the ladies on the big race that brings in big bucks. wwe're sitting at 16,871. let's bring in nicole petallides from the new york stock exchange. we are seeing an increase in selling hitting session lows right now, what is going on? >> triple digit losses on the dow jones industrial as we look at fed tapering and word on wall street and the do dow is to the downside. take a look at some movers looking at smith & wesson. showing stellar gains in the stock jumping up about 3%, we are also watching costco. profit and sales missing the analyst estimate. costco has been down a little bit, you can see down arrow on the board as well as of the names watching. all of which have up arrows.

mastercard raising its dividend, also a stock split as welcom we, swear watching that new highs for mastercard at $800. so you should know that. twitter at 52.06. new high on twitter. and urban outfitters which came out with a change in sales numbers including the holidays so far looking good, numbers better than expected. >> we will see you at the top of the hour. dennis: taking away fiscal uncertainty, but is it enough to push it up sooner rather than later? joining us, stocks are down, the dow down triple digit and everybody is saying that is because the budget deal isn't so good, the fed can afford to pull back earlier on easy money policy. you say no, the stocks are down for another reason. what is it?

>> they're calling this an era of cooperation in d.c. it is pushing the real problems down the road. we have not addressed the entitlement, we have not addressed the tax reforms. what we have done is have a decent holiday season and no stress and tension. dennis: you do think the fed tapering will happen earlier rather than later. when does the fed tapir? >> the fed should go in december. firstly the nonfarm payrolls last couple of months all very strong numbers. the data, the jobs opening and labor, low 300,000, all very exciting. look at housing market data again very strong and then globally the purchasing managers index is are all very powerful. this gives me the impression there is some growth in the growth. dennis: december 17 and the fed start that tapir. does the market get slaughtered on that? >> no, you can get a knee-jerk

down move i think that is a down move everybody is looking to buy. this money on the sidelines, the important thing for the fed is to make sure that they can communicate, taper and tightening are two different things. dennis: tell us the difference. >> taper is reducing extraordinary stimulus from the market. dennis: buying all of these bonds. speaker that is right. while keeping the rate low in the fed fund rate will remain low, anchored to zero. meaning it will be steep. this is what the fed wants. dennis: in the taper you say because of the kind of bonds it continues by it can ease the impact. tell us about that. >> i would say was one of the best ways to do this. leave the mortgage bonds as it is. keep the housing recovery going and cut back on the treasuries. it is very important to start this process now.

dennis: you saw a wall street reactreaction on friday, good gp numbers and you think wall street may be having a sentiment change were settling the tapering is not such a bogeyman. >> the most important role is the bond rates, the 10-year bond rate at 2.8 hovering around there. it did not rush up to three. and the stock started saying this is a good number, good news, finally good news. dennis: if the fed does taper, and i if you are wrong and a buh of fraidy cats sell off in the stocks get slaughtered, is that something they should ignore? is it worried too much? >> it should not worry about that, it should basically do what it is supposed to do, follow the mandates. getting employment rates to the 7% level. keeping monetary conditions using and that should take care of everything. stocks can technically trade 100 points down from here and that

still is not a down move. dennis: okay, i like that idea. thank you for being with us today. >> thanks. cheryl: with the rise in online shopping, brick and mortar are seeing come through their doors. are the shoppers braving the cold for one quintessential holiday tradition? jeff flock is at a christmas tree farm in wisconsin. jeff. jeff: thanks, cheryl. a christmas holiday tradition. actually, there you go. got that one. highly overrated. the other one is actually going into stores and shopping yourself for gifts as opposed to doing it all online. about the trees are just a moment with the man who is going to cut a few down as we talk. first, the latest numbers on the other tradition. take a look at what shopper track had to say about actual traffic in stores this past

week. down about 21%, more people than ever are going online, and not shop in the traditional way in the old brick-and-mortar store. what about this tradition? >> here are our sales are pretty good, the weather has been good up until this week it has been cold but traditionally natural tree sales are down. jeff: show us what it is like. this fellow here, a former airplane mechanic for major airlines started eastern and worked a lot of other places and decided, it doesn't take long, does it? decided he wanted a second act, and this is it. they had to knock 50 off today. a lot of people doing it the old-fashioned way, getting a tree that makes the house feel nice but he lost 6000 trees in the drought last year.

taking a little longer to get through, let's listen. [chainsaw arriving] jeff: timber. 6000 in last year's drought. >> we lost a little over 6000 trees. jeff: ditch those pvc trees. cheryl: really quick, i got my first large tree this year, that thing sucks up more water than i can keep up with. any tips for keeping the trees healthy for this season? jeff: how do you keep the trees healthy for the rest of the season? >> after it is cut, make sure it is a fresh cut, give it plenty of water. water, water, water, don't let it run out of water.

jeff: can you mix a beer in there? >> sounds good, but no. keep it away from the heat vents and ducks. jeff: i paid $300 for my 15 footer. cheryl: i paid $75. where did you go? jeff: they saw me coming. cheryl: good job cutting the tree down. well, something warmer now. your "west coast minute." wash the state delegates made a pitch to boeing ceo as the state desperately tried to keep itself in the running for new plan. they hyped the tax incentive with a .7 billion over 27 years but another state courting bowling. we will keep you posted. san francisco bay area reaching economic impact of $550 million from hosting the america's cup

race earlier this year. the report showed 3800 jobs. oracle team usa states one of the biggest comebacks in the history of the sports defeating emirates team new zealand to win that race. san francisco wants that race back now be had and hawaii list of americans healthiest states. based on 27 measures of health including smoking, alcohol use, immunizations and diabetes, hawaii has a low rate of uninsured residents and low rates of obesity that help the state when the top spot. beating out vermont for the top spot and once again this is to be coming in last on the survey, and that israel west coast minute. always mississippi. dennis: a formidable partner in his battle against tvs incumbent. cheryl: from zero to hero. climbing the ranks of general motors from intern all the way to the suite. following in the gym footsteps and hire from within.

but as we go to break, take a look at the 10-year treasury. we will be right back. [ male announcer ] e new new york is open.

open to innovation. open to ambition. open to boldids. that's why n york has a new plan -- dozens of tax free zones all across the state. move here, expand here, or start a new business here and pay no taxes for ten years... we're new york. if there's something that creates more jobs, and ows more businesses... we're open to it. start a tax-free business at startup-ny.com. ashley: i'm ashley webster with your fox business brief. nine out of 10 chief financial officers are more optimistic about u.s. economic growth in

2014 than a year ago. the study finding 54% expect their company's 2014 sales will be higher than this year. southwest airlines says it plans to bid aggressively for reagan airport. senior executive says the airline needs a meaningful number of slots to compete effectively adding we don't need 10, we need 50 or 60 or 70. barnes & noble chairman and biggest shareholder says he lost between 42-$52 million on the cell of 2 million shares. yesterday he said the move was strictly a tax efficient and just not intend to sell more shares. that is the latest from the fox business network, giving you the power to prosper.

cheryl: we hear a lot about benefits of locally sourced foods. what about locally sourced executive talent? incoming gm started as an intern

in the company. walmart new international ceo are both insiders. this suggests big companies may be increasingly looking from within for talent. is this, jeff, a trend that you think will pick up steam? >> you know, i don't necessarily think it is a trend we are seeing. we have had a couple of high-profile placements weekly that have been internal promotions but when we conduct ceo searches internal candidates are part of the evaluation process and we look for and what boards it is processing the best qualified candidate in the chair of the ceo vacancy. often times that can be internal and more often than not that is external. cheryl: if you look at the top, the fortune 500, some of the top performing companies whether it is stock value or revenues or sale, a lot of these companies have people that actually were interns. i will give you a couple of names to drive the point home.

now the ceo, an intern with 33 years at the company. roger was intern 31 years now. don thompson at mcdonald's 32 years. exxonmobil, 37 years. these are again some of the top companies in the world, and these are home-grown executives, doesn't this bring home the point that this is where companies like gm need to go? >> it really depends on a specific company's situation and what the objectives are for the new ceo coming in. the names you named in the company and the organizations like the nfl are all fantastic organizations, great success stories they can tout to their employees for career paths. certainly organizations like general electric pride itself on growing internally. but there might be market shifts and dynamics that need outside thinking to come in and shake things up a certain extent.

cheryl: the hay group did a survey and looked at the top companies back in 2012, what they found was chief executives of the world's most admired companies, most of those were home-grown talent, and i am curious if when companies are coming to you and looking externally why they are looking externally and why they are not looking within the doors of their own company to build and grow the next ceo. >> everything is really specific to the individual company as i said earlier, and what dynamics that company has going on internally. there are huge benefits to having an internal candidates take the ceo ranks, they know the company intimately, they know the management team, there is not a risk in cultural sting relation for that executive coming in, they know the culture of the organization, they have been successful, that is why they have been there for 30 plus

years. there are huge benefits. every ceo search we conduct, we have a slate of internals to match with external candidates. it is up to the board of directors to decide what they think is the best approach for their company moving forward. cheryl: the glass ceiling was broken in the industry and many companies are going to reconsider going with them for talent. good to see you. >> appreciated. cheryl: larger than expected to build in inventories. let's go to phil flynn in the pits of the cme. kind of a big surprise. >> it was a big surprise with the ghastly numbers because this isn't the time of year refiners usually produce gasoline, they are producing gasoline like it is going out of style. we saw a refinery runs last week jumped to 92.6% of operable capacity. these are the kind of capacities you see going into the fourth of

july holiday, not christmas, big demand number. we saw a huge drawdown in crude oil supplies almost three times what the market was looking for, but already oil prices are coming back down since there is a lot of questions about that number. refiners do not want us to carry oil because they get taxed on it, so they drawdown. the other reason is the houston shipping channel, probably 40 tankers with oil not able to get into port. so right now crude coming down, gas coming back up and surprised it to care build than expected, back to you. cheryl: thank you, phil. >> thank you. dennis: nasa says google executives saved millions by using cheaper jet fuel from the pentagon. nasa inspector general calling on the agency to look into ways to recoup the money that google saved.

nasa says the sale of cheap pentagon fuel for the private flights of google execs was due to a misunderstanding. here is how google is trading right now, no effect on the stock. there we go, in today's media minute, up for the owner of the food network and the other channel. rumored to be a takeover target for discovery can medications. shares of discovery up as well, up half a percent right now, so wall street likes the idea of a deal. discovery has discovery channel, animal planet and tlc. citigroup analyst doubts the deal, putting a cell on scripts today. the stock popping in spite of it. and a real getting airborne. being sued by the major broadcast networks could get a formidable new partner, google.

the chromecast thumb drive can play a real tv even though the service is aimed at smart phones. they say it can turn a profit on only 6500 subscribers in a market and it is already profitable in a few of the markets it now serves. no wonder aereo doesn't pay for the broadcast shows itself, that is why they've asked the u.s. supreme court to intervene. cheryl: are you unhappy in your job? if you are, we can tell you where to go to take the frown and turn it upside down. the happiest companies to work for. i am sure fox business is on that. dennis: and a look at the winners on the nasdaq. [ male announcer ] this store knows how to handle a saturday crowd. ♪ [ male announcer ] the parking lot helps

by letting us know who's coming. the carts keep everyone on the right track. the power tools iroduce themselves. all the bits and bulbs keep themselves stocked. and the doors even handle the checkout so we can work on that thing that's stuck in the thing. [ female announcer ] today, cisco is connecting the internet of everything. so everyone goes home happy. 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? the answer 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.

dennis: are you happy where you work? and new lists from career bliss out with its rankings of the nations happiest companies. based on work life, balance, company culture, opportunity, pay. here are the top five. at number five this year, software and hardware producer qualcomm. number four, company providing it services and storage for cloud computing. number three, texas instruments. number two, kaiser permanente. the number one happiest place to work this year, pfizer, where people can use the local products. cheryl: do you ever wish you could live on another planet? now you might be able to do that. the foundation else insecure suppliers for an unmanned mission launch in 2018 he

essentially testing out technology that would be used for settlers and if all goes well, the first permanent settlers could land on mars by 2025. here's the catch, once you are there, there's no way to come back. that was not enough to steer people away from the idea, over 200,000 signing up to switch planets. making some of the equipment for all of theirs. lockheed martin, down about $1 right now. the smart phone, the smart watch, now the smart basketball. the creator of the bluetooth ball that uses an app to coach your shooting, passing and dribbling skills. dennis: drilling down every workplace stereotype in 60 seconds. i will be joining adam and lori coming up with the panting commercial that has both men and women talking.

so i can rch ally bank 24/7, but there are no branches? 24/7. i'm sorry, i'm just really reluctant to try new things. really? what's wrong with trying new things? look! mommy's new vacuum! (cat screech) you feel that in your muscles? i do... drink water. it's a long story. well, not having branches let's us give you great rates and service. i'd like that. a new way to bank. a better way to save. ally bank. your money needs an ally. yep. got all the cozies. [ grandma ] with n fedex one rate, i could ll a box and ship it r one flat rate. so i kn untilt was full. you'd be crazy not to. is tt nana? [ male announcer ] fedex one rate. simple, flat rate shipping with the reliability of fedex. [ male announcer ] fedex one rate. every day we're working to and to keep our commitments. and we've 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. in fact, we've invested over $55 billion here in the last five years - making bp america's largest energy investor. our commitment has never been stronger. because you can't beat zero heartburn. woo hoo! [ male announcer ] prilosec otc is the number one doctor recommended frequent heartburn medicine for 8 straight years. one pill each morning. 24 hours. zero heartburn.

democrats and republicans coming to get there. adam: house and senate negotiators agreeing to a budget deal to fund federal agencies through fall of 2015 but that doesn't mean everybody will sign off on the deal. lori: a quarter of a million americans signed up for obamacare for a rush to involve many people by december 23rd. the deadline tells you a different number to watch, not getting as much attention. adam: too big to fail? too big to understand. double collapsing back in english and why it may be a costly fix to a non