>> obamacare needs young people in order for it to work but they have to choose between hundreds, even thousands of dollars for coverage or a $95

fine. what are we choosing? roll it. >> honestly, because i don't know how much health insurance is, but i know it's a lot more than that. charles: and news anchor shelby holiday asked a bunch of people and shels what you found out about this? >> a lot of young people are worried about the cost. and the bottom line is the government needs 2.7 million young adults to enroll in health care for the math to shake out and for the system to work. the problem is cost has always been a big, big issue for young people and premiums have risen for young people with the affordable care act. so, i think one issue is there's a little bit of a health care literacy, young people don't know how health care works, but the other issue is cost, when you hear you can pay a $95 fine or hundreds of dollars a month for health insurance they want too push the easy button and pay the $95 fine. charles: sure, not just young obviously as you get older

though the difference of course being that the people you interviewed for the most part probably are the young and invincible. they don't think they're going to get sick anyway, right? >> some are worried and it's important to remember that young people do value insurance and overwhelming majority of young people say it is important to have, but when they look at the costs and also when you look at the harvard poll that came out earlier this month, a lot of young people don't think the affordable care act will bring better care, they actually think care will get worse and they think that costs will go up. charles: yeah is that? >> they don't necessarily-- >> why would they do that? what makes them think with this big act that was heralded in the mediaaabout levels the playing field and all get great health care, why are young people who enthusiastically backed president obama so skeptical about that? >> if you look the a the numbers, premiums have gone up for young people. a lot of young people qualify for subsidies, but there was a

recent survey, a 25-year-old male who doesn't smoke would have paid $92 for health insurance before the affordable care act. and now a bronze plan, over 200 in california and catastrophic plan about 180, $190. so they've seen costs already go up. they're seeing the numbers. it's not just a belief. charles: hold it right there, shelby, liz, you had an interesting conversation with an ohio resident yesterday. >> yeah, i did and this person attempted to get health insurance through the health exchange in ohio and here is the conversation. here is how it played out for this lady. she called the exchange, talked to customer service and asked can you help me set this up to pay for insurance, wanted to work with the people there in the exchange to pay for it out of her bank account or any other way that you can pay for it. no, that was the answer, no, that's another department who will handle that. so then the lady asks, who should i call, how do i get the

number, google it. that was the answer. google it. and people are already feeling they're stranded in traffic. right? so they were further told to google it. how does that person get paid with that answer? >> navigator. and shelby, back to you, what i'm hearing this argument that has been argued by many people, the other side is saying, well, young people will see this as a patriotic duty that somehow patriotic pride will make them take the step and do the quote, unquote right thing. is that possible? >> you know, i have talked to -- i have talked to young people who say this is okay with me. if i pay into the system, i think, you know, everyone needs to participate for it to work, i think their big concern is will the system be there for me down the road? and there is a lot of skepticism just whether or not they will reap the benefits of a system they're going to be paying into now. i've heard a lot of-- >> i've got to tell you, i

can't blame them for being skeptical. we appreciate your time, great stuff and we'll talk to you soon. >> thanks, charles. charles: the market yesterday closing up triple digits. another rally today? we are going to find out. the opening bell coming up next. this is the quicksilver cash back card from capital one. it's not the "fumbling around with rotating categories" card. it's not the etting blindsided by limits" card. it's the no-game-playing, no-earning-limit-having, de-bomb-throwing, give-me-the-ball-and-i'll-take- it-to-the-house, cash back card. this is the quicksilver cash card from capital one. unlimited 1.5% cash back on every purchase, everywhere, every single day. so let me ask you... at's in your wallet? hmm.

mm-hmm. [ engine rev] ♪ [ male announcer ] oh what fun it is to ride. gethe mercedes-benz on your wish list at the winter event going on now -- but hurry, the offers end december 31s [ santa ] ho, ho, ho! [ male announcer ] lease the 2014 ml350 for $599 a month at your local mercedes-bendealer. [ male announcer ] wt kind of energy is so abundant, it can help provide the power for all th natural gas. ♪ more than ever before, america's electricity is generated by it. exnmobil uses advanced visualization and drilling technologies to produce natural gas... powering our lives... while reducing emissions by upto 60%. energy lives here ♪

>> we're a little over a minute from the opening bell. larry, we asked scott shellady what he thought would derail this rally. i want to pose the same question to you. we're on automatic pilot, but what could hurt it? >> well, i think it's got to be higher interest rates. how high do the interest rates have to get. 10-year yield at 3%, a tick or so. and everybody was looking at the 3% mark to maybe derail the market. the market is not derailed. we're opening on the s&p 500 on the high. how high do the interest rates have to be. historically the interest rates aren't very high, but relatively speaking the rally. like yin and yang. what is going to make everybody tell, 3 1/2%, 4%? able it's not 3. charles: obviously it's not 3. if you figure it out let me know so i can get out the day before. have a great weekend. you've heard the opening bell

and it's a nice open. the dow is at 16,500 in the blink of an eye. amazing up 32 points already at the open. now to the market, we know that twitter has been a huge winner this month and a downgrade. let's take a look at the shares. >> twitter shares are down 4.6% and finally losing momentum. this is a stock, charles, up 22% coming into today. nearly trippling since the ipo in early november. get to underperform at macquarie and and the am-- analysts say it's kind of a head scratchers, this has been a high flying stock, but we're not really sure why. and quickly, charles, if you look at the volume yesterday for twitter shares here, about 83 million changed hands and that's of the total and complete volume here at the new

york stock exchange. >> before i let you go, on the screen, we have the mcquery cut from underperform to neutral. this is a guy who missed the rally in the first place. the sour grapes down grades get to me. probably the same price target. >> 46, i think it's 46. >> 26, there you go. >> 46, yeah. >> okay, let's stay on switter and bring in market watcher john layfield in bermuda. the question is why, why did twit are catch fire like that? >> i think the only place to make money right now is in the stock market because of rates, because of the tapering policy, and the hottest place in the stock market is technology and twitter is the hottest stock, that's the only thing i can-- >> john, the question is why? is it because people have been on the sidelines for years are getting back in and want a quick move and twitter is a name they recognize, after all, they've got a twitter account?

>> yes and twitter is going great things. it's a great company what they're doing with television and live media is phenomenal and it's ground-breaking, but i don't think that justifies a $40 billion valuation. you have to take the valuation away from the company, from the company itself. it's a great company, but a 40 billion dollars valuation? remember, they've only had 500 million in revenue and trading at 80 times revenue right now, compare that to say a time warner which is 38 billion dollars, on 22 billion in revenue. i just don't think the valuation makes sense. >> time warner is-- let's talk about the broader market. an article in the wall street journal that says ma and pa investors are missing out and afraid to jump in. do you agree? >> look, this market has been on a tear for the last three years and a lot has to do with the interest rate policy. what larry mentioned earlier, that's one of the biggest road blocks out there, if interest

rates go up or a systemic shock, say a war in the middle east that drives oil prices higher. barring that, you've got a market on steroids right now that looks to rise in the future. charles: you know, one thing i've said the last three or four years, this has, a, been the most stealth and hated rally i've seen. professionals have hated it, casual observers have hated it. water cooler talk, dow 15-5, 17,000, is that what ma and pa get in there and history repeats itself and they get burned? >> you're right the most hated rally. larry summer pretty much needs a for sale sign on his chest, anybody's dog will hunt. and asked how much wealth he created for the super rich. he said, no, no, we're favoring the middle class. that's wrong and why it's hated. the policies favored the rich

and super rich and say the average mom and pop are not sharing with them. mom and pop are going to get in now and that's a worrisome sign. charles: it breaks my heart when the average person is not in the market when it's down and wait to get in until the top. >> great talking to you, charles. charles: delta computer systems giving travelers discount from boston to hawaii. >> this is a good deal if you're obviously to be part of delta's mistake. so it's down 3/4 of 1% now, although the dow transport is at a new record high, charles. here is the thing, on delta, you could have gone from los angeles and someone left off a zero. first class from l.a. to hawaii, $200. right now that's about $3500.

this is a government wear mistake and a lot of customers got a pretty sweet deal. charles: before i let you go, i'm starting to think they're doing this out of purpose out of left field we see if they've made a mistake and go and buy a flight anyway, that's me, the conspiracy theoryist. >> the airline made a mistake, give them the ticket for $40 or oh, you have to pay the price, r. charles: better than target this week. are regular people ready to buy a home or continue to rent? kendra joins us know you in studio, great to have you in the studio. >> great to be here. >> you're one of the best when it comes to this and called the housing market. and in some ways mirrors the conversation i had with john. a lot of people in the metropolitan areas, it's cheaper to own than rent and yet, people continue to rent.

is that going to change? >> we're seeing the trends where it's changing. if you look at the ratio of home ownership to those who rent, at the end of 2013, 65% of people now own a home and only 35% of people rent. and that's not that fash off the peeks in 2002, or 70 to 30. when i look at the home data and look at first time home buyers, and it's down from a year ago and feels like wall street's buying the houses, chinese investors are buying the houses, americans, what are they afraid of? is this an indictment against the overall economy? something else holding people back? >> well, when it comes to first time home buyers, i think there has just been a lot of skepticism because the housing market, when it crashed, it was ugly. it was bad and people don't want to put themselves in that position and then you have 17 million people who are either underwater still. charles: still? >> and--

>> 17 million still? >> 10 million underwater and 7 million who cannot refinance because they have less than 20% left there. >> what's your overa you will take on the housing market. do you think it's hitting solid ground now? >> yeah. >> are we getting rid of the shadow inventory, the foreclosed homes, is that going away? >> let me address your second question first, foreclosure filings, we expect to see them back to a more normal pace by 2015. so, that's great news. what that's done though, it's shrunk the inventory and caused a buyer panic. overseas buyers and investors snapping up the lower hanging fruit and that got a lot of the retail buyers back in the market and started the bidding wars and pushing the home values. charles: one thing i find interesting though, and i think the prices have come back too fast. could i be wrong there that a lot of fence sitters looking

for a bottom like people want to do no matter what the investment, saw them bounce back so quickly and feel like i missed it and maybe prices need to pull back a little bit? >> yes, and they will. the recovery happened so much faster than expected this year. 12 1/2% gain in home values and that's just on a national average. you look at vegas, california, 20 to 30% increases in value. 2014 we're expected to see much more normal inventory levels, right around six month supply, which is healthy. and we're supposed to see between a 3 and 5% increase in values which is pretty much, you know, on course. >> and the other part of the argument, banks aren't lending money. is that still the case? when i look at the fed survey, bankers are saying there's no demand and someone is not telling the truth. >> it's difficult to get a loan, easier than a year and a half ago. i think that those who can afford to buy are.

75 million people in america had their homes go up in value this year and 5 million people got out of an underwater situation. >> that's where-- >> and that's the silver lining. >> before i let you go. one final quick question. are you buying houses the way that most women buy shoes? >> you remember, you said that like eight years ago. >> that's a great line. >> yes, although i'm wearing a pretty good pair of shoes. charles: thanks a lot. appreciate it. let's get back to the market. and check on the big board. an, we saw this yesterday, and gained slow momentum and next thing you know, boom. unemployment benefits expiring for 1.3 million americans tomorrow, and after the break, we've got a guest that says 2014 won't be much better than this year for out of work americans. a serious topic next. announcer: where can an investor

be a name and not a number? scotade. ron: i'm never alone with scottrade. i can always call or stop by my local office. they're nearby and ready to help. so when i have questions, i can talk to someone who knows exactly how i trade. because i don't trade like everybody. i trade like me. that's why i'm with scottrade. announcer: ranked highest in investor satisfaction with self-directed services by j.d. power and associates. it's been that way ysince e day you met.. but your erectile dysfunction - itld be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you cabe more confident in yr ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph like needing to go frequently or urgently. tell your doctor about all your medical conditions and medications,

and ask if your heart is healthy enough for sexual activity. do not take cialis if you take nitrates for chest pain, as this may cause unsafe drop in blood pressure. do not drink alcohol in excess with cialis. side effects maynclude headache, upset stomach, delayed backache or muscle ache. to avoid long-term injury, seek immedte medical hel for an erection lasting more than 4 hours. if you have any sudden decrease or loss in hearing or vision, or if you have any allergic reactions such as rash, hives, swelling of the lips, tongue or throat, or difficulty breathing or swallowing, stop taking cialis and get medical help right away. ask your doctor about cialis for daily use and a 30-tablet free trial.

>> well, let's check on the big board here as we come back. now up 31 points. and holding steady. look at that, 16,510. absolutely amazing. on the other end of the spectrum. gold is up slightly 1215. and up slightly this morning. check this out. nearly 1.3 million americans are set to lose their unemployment benefits starting tomorrow. and the ceo of expression employment professionals joins us now. you know, bob, how is this going to impact the job market and the economy? >> well, i think it will impact it immensely and i don't know that the politicians have the fortitude to cut the unemployment benefits and i think it will affect a lot of people if this he do because this is the longest period of

unemployment benefits we've had in many, many years in our country and it will certainly affect the unemployment numbers. it will affect the health and welfare of a lot of people because they've been accustomed and learned to use the unemployment, the workers' comp and the disability payments of course to sustain themselves. so it will be a challenge if they cut the unemployment. charles: bob, when you say politicians and fortitude, you the flexible staffing industry basically is a participant in

trying to help people find permanent jobs. last year-- >> what do you say, bob? i've got to get in here, what do you say to people who are saying on the other end of this argument, there are no jobs. yeah, maybe some people are gaming the system, maybe some people have been on unemployment benefits so long that the skills have eroded and there's nothing out there for them. maybe what you're saying might sound good for you, maybe you're talking your book, but it's a heartless decision to do at this time in this economy? >> well, we're out here on main street where we deal with medium and small-sized companies and there hasn't hired anybody permanently. there is a shortage of semi skilled and skilled people in america and we're having a difficult time filling those jobs. and so, if they'll use the temporary system as an apprenticeship, of course, to finding those full-time jobs, as you know, the government wants us to work 29 to 30 hours a week and we're trying to find permanent jobs for people and we think if they come off the

unemployment roles they will come in and they will apply and find those jobs that will fit their specifications or use us as an apprenticeship. charles: so you're looking for a renaissance in job and you're looking for record-breaking numbers in 2014. >> we believe it will be record-breaking. of course, if you look at europe, europe has a higher usage of the flexible staffing business than we do in america, many of our companies in america haven't learned that that's the best system for them to find good employees and vice versa for employees to find good companies. in europe it's almost 4% of the comp economy in the united states, it will be rising. it's good for us, i'm not sure if it's good for america and the economy. >> the fallout, bob, the fallout of cutting unemployment benefits, i've got to tell you it's hard for the families who don't have employment in america. it's tough for them.

so many different levels of the fallout, it could raise the-- i'm sorry, improve, make the j jobless rate look better because the people are dropping out. but you're seeing mortem worke workers-- more temp workers, do see them going up? >> the part-time jobs have been going up because of uncertainty. businesses don't know exactly what their costs are going to be, if their taxes are rising and obamacare on top of that, it's difficult for companies to hire full-time people. they don't know how expensive it will be to put the profits on the bottom line. yes, it will hurt some people and unfortunately, we hope they'll not be hurt, but come in and look for jobs and we'll be an i believe to find them jobs. last year, express found about 400,000 people jobs. so, we hope that there'll be some more that will come into the marketplace and fill some of the vacancies that we have. >> there's no doubt and there's

a lot of evidence that proves when you cut back on long-term extensions of unemployment. people come back and they do eventually find jobs. let's hope it happens again. thanks a lot. we appreciate it. >> we'll be glad to help. >> i'm sure you will. hey, president obama's blurring the lines between religion and politics making last minute changes to a speech that included pope francis' comments on capitalism. e-mack is fired up about it. we'll talk about it after the break. ♪ ♪ ♪ ♪ [ tires screech ] chewley's finds itself in a sticky situation today after recalling its new gum. [ male announcer ] stick it to the market

before you get stuck. get the most extensive charting wherever you are with the mobile trader app from td ameritrade.

imus: > >> for a major speech on politics, president obama asked the white house speech writer to add a reference to the pope. how can it be it's not a news item when an elderly person dies of exposure, but it is news when the stock market loses 2 points. liz, you've been following this and of course it's interesting to have the white house jump on this band wagon considering their confrontations with the catholic church. >> it has been a confrontational relationship. clearly the president is trying to hitch his wagon to the

time's man of the year. but the question, will it pay off in political dividends for his party? that's what the news media is picking up on out there. what the issue is, the point that the president was quoting was the stock market goes up 2 percentage points and still homeless people on the streets and you talk about also, the income inequality. the point is, how do you stop income inequality, is it through higher taxes or through getting jobs for people? that's the points, right? >> a lot of people point to his policies that are making income inequality in this country making it worse not better. for me, the way i sense it, somehow we're a heartless society that cares more about making the smallest amount of crumbs, the dow is up two, like we're so greedy and we're watching the ticker tape and someone outside the front door is freezing to death and that's not america. >> this is the thing, high taxes ruin capital investment for the companies that create those jobs, right? that's the issue.

by the way, the president's speeches always feel like there's an essence of hypo chondria around it negativity. and optimism is a force multiplier and it does work. and the president hitches his wagon to that and i think it's too late. charles: i think you're right. new at 10 being, tv coming to your living room, a boomingpist and fda could put a curve on that. and gifts that are causing outrage, bratty, entitled, selfish, all that, dr. keith ablow is on that next. with fidelity's guaranteed one-second trade execution, we route your order to up to 75 market centers to loofor the best possible price -- maybe even better than you expected. it's all part of our goal to execute your trade in one second. i'm derrick chan of fidelity investments. our one-second trade e executin is one more innovative reason

serious investors are choosing fidelity. now get 200 free trades when you open an account.

hour of scott cicerone. i am charles payne in for stuart. here's your lineup for 10:00. what does this company at ceo think about short-selling? he has an opinion on it. patrick burns will be with us in a few minutes and amazon will on 1 million new amazon prime members in the third week of december, that is a huge number but is it also all it is cracked up to be? president tech expert claim more said and:15 and expect marketing blitz for electronic cigarettes. the company plans to hit you on tv. espn, they will be all over the place trying to be regulation

because the fda may have something else in my next year also. the conversation may be about midterm elections we're focused on 2016 and in a surprising poll chris christie is neck in neck with hillary clinton. stay right there. another hour of in "varney and company" starts now. the dow was up 43 call holding pattern but 16,500 absolutely remarkable. want to get to the markets and talk about texas stocks that have been king all year. can they do it again? liz: absolutely they can do it again. we talked at the top of the 9:00 hour that essentially we are seeing cash piles growing on the balance sheet that tech companies. they will turn that into mergers and acquisitions. they have been doing dividend increases, stock buybacks,

cleaning up their balance sheet but when you see the top five with $300 billion, the top 30, way beyond $300 billion, something will happen that will spring load these stocks for more returns in 2014. charles: they are spring loaded right now. back to the stock exchange, you got some stocks hitting new all-time highs today. >> google, $1,120, amazon at 405. this is an all-time high. google and amazon have a red arrow because the nasdaq also has the red arrows and underperforming today. charles: a little early profittaking. a new cnn poll finds the economy is in poor shape despite the signs of improvement. who is going to get the blame?

democrats republicans? >> ultimately the republicans take the fall for everything but it is how the republicans play their cards. of democrats--they have a better spin machine. it does depend on these next few months how we spin obamacare, who can continue the blame game that we landed on the democrats' platform. charles: the blame bush thing worked so long, better mileage than my old ford taurus. liz: looks as stale as a bumper sticker on a ford taurus right now. charles: what about the idea congress has a lower approval ratings and president obama and this is a do nothing congress that hasn't helped? >> depending on the messaging. we have a bad p.r. campaign and if we can continue to show the democrats are the ones who made the choices that obamacare is in place it is not the republicans who are the ones that shed down the government. they did it for a reason. there's a chance to keep the

momentum going like the polls as republicans have the upper hand in 2014. charles: another new cnn poll shows half of registered voters plan to support the republican governor chris christie if nominated in 2016. 46% of those voters said they will back hillary clinton so for the most part it is a dead heat right now. mostly a product of obamacare. let's bring in hollywood hypocrite's author jason met parrot. lot of things at work here. scotty's point, the republican than coming gone not from what they're doing but everything the white house is doing but will that last until 2016? >> also referenced in the pole in a genetic match between a republican and democrat republicans are up by 5 points. that is a huge swing from two months ago when democrats were up by eight points so it spells trouble for democrats ultimately ended is interesting with a match between chris christie and hillary clinton, prognosticating

more in two years out over this but it is strange how democrats are already correlating hillary clinton as if presumptive nominee. where have we seen this story before? in 2008 when she was supposed to be the nominee and you had an unknown state legislator from chicago who spent 32 seconds in the united states senate who beat hillary clinton. i don't think she is -- her own party at nominee loan front runner. charles: mike huckabee decided not to run for president. i spoke to him in the halls of few times and it seemed the primary process is so mean spirited these days whoever comes out is limping, a wounded candidate and maybe there's something to be said for coordinating if you can have a coronation for the candidate without going to that or tainting the candidate of possible. >> that won't happen. politicians are vying for that spot and hillary clinton has been running for president since she was first lady. charles: scotty is on the set.

i don't think you are a fan of chris christie. these are all silly things. you think he is the rhino. you don't think he can win. republican in name only. >> he is immoderate. how many times republicans have to go down the track, we have done with mitt romney and john mccain. let's try for once something creative and try real conservative candidate. if you get somebody that is so progress of, so to the left like hillary clinton on the left let's get somebody on a right that is just as equally conservative see how that goes and with the overwhelming support for ted cruz, for chick fil-a why not try it? charles: what do you think? >> some really interesting points, chris christie has done phenomenal things like taking on the teachers' unions for one thing which has been taboo for so long for american politicians but also some downside where he is from new jersey so is going to be liberal on issues but did win decisively on that is going

to help, he is the governor and managed. in favor in a primary. liz: there is the issue of temperament. and also hillary clinton's poll numbers go up when she is not in the media, when she is not talking. charles: just wait till the time. >> republicans' best dream that hillary clinton is top of the democratic ticket. we need to have a person equal to go get them. chris christie is too much like. charles: nice seeing you. general motors recalling 1 million cars in china over a faulty fuel pump rack it. that is a big deal. >> a big recall and the world's biggest auto market general motors stock down 1% as a result. these are 1.46 million buick and chevrolets in china. the issue is with the fuel pump

bracket, and effective, there. charles: china is a huge market, they better not make any mistakes. let's stay on the market and bring in overstock ceo patrick burns. you have always been one of my favorites no matter what. before we start talking specifics i just want your feeling on the overall stock market. what we're seeing particularly with these nasdaq names how does it make you feel? >> it is an asset bubble driven by a central bank. i don't believe any of the recovery and stock market is anything but a bobble given by the central bank. charles: as e e all of a business you love dearly, would you say from what you are seeing you don't see any evidence business is getting better? >> we see that. our business is getting better and businesses are getting better but it is because the government is giving away free money in the financial sector and when the government gives

away hundreds of billions of dollars of sitting money they can pump things up for a while. they haven't fixed anything fundamentally is the problem. there has been nothing fixed fundamentally in the economy. charles: the irony is recently your company said we will accept bitcoin. if you think the fed is a facetious make believe animal waiting for you get hold of this unicorn but you like thiscoin. >> if you believe in limited government needs something that doesn't give them unlimited power. and upside-down pyramid. you want to tie to something like bold that thgold that they with into existence or money based on something that is limited that they can create out

of anywhere. liz: might be a pipe dream. there could be another bit:invented that could go up against bitcoin. not to say itbitcoin invented that could go up against bitcoin. not to say it is the end all. >> this will create 21 million units and is mathematically limited so one cannot create 21 million units. just the fact that it has got a limited base means it can't be ultimately debased like the current central bank is doing. >> is it too risky considering china is not accepting it? does that affect your decisions making it too much of a risk for something as stable as overstock.com? >> people are asking me that but we are not accepting any risk. i am not making a statement about the value of bit coin or where i think that is going to go, up or down. pba-ihih h!v have subscribers is

naked short selling of illegal and seems to go hand-in-hand

with what you are describing there were deliberate attempts to take companies under and they do short-selling and illegal short-selling coupled with the lawsuits and have regulators on speed dial and they create so much trouble for a company they can drive them under. that coordinated air rate should be illegal. charles: you fought for your company and continue to fight for your company and come out and tell it the way you see it and we appreciate that. continued success. >> always love talking with you. charles: amazon announcing 1 million people have enrolled in their prime service in the past week but could this be a red herring? clayton morris will break down next. ♪

[ male announcer ] they are a glowing example of what it means to the best. and at this special time of year, they shine even brighter. come to the winter ent and get the merces-benz you've always wished for, now for an exceptional price. [ santa ] ho, ho, ho, ho! [ male announcer ] lease e 2014 e350 for $579 a month at your local mercedes-benz dealer. it's not the "juggle a bunch of rotating categories" card. it's not the "sign up for rewards each quarter" card. it's the no-games, no-messing-'round, no-earning-limit-having, do-i-look-like-i'm-joking, turbo-boosting, heavyweight-champion- of-the-world cash back card. thiss the quicksilver cash back card from capital one. unlimited 1.5% cash back on every purchase, everywhere, every single day. now tell me, what's in your wallet?

try align. it's the number one ge recommended probiotic that helps maintain digestive balance. ♪ stay in the groove with align. charles: amazon announcing 1 million people enrolled in the new prime program in the third week of december alone. amazon prime offers free shipping and access to amazon instant video library for $80 per year. prime comes with a 30 day free trial so people are enrolling in net for the holidays and want to get those shipping things out to

take advantage of membership but a lot will cancel this membership and avoid paying the fee. clayton morris, these numbers are astronomical. >> they are crazy but amazon never discloses the number of people who subscribe to amazon prime in the first place so we don't know how many over the course of many years signed up, this 1 million in the third week of december is a pretty good thing but people don't unsubscribed from things. amazon has that going for them. when you buy a service, up for netflix or the newspaper is more difficult to go in and db your account, change it and find a credit card charge will come the next year, i did sign up for amazon prime so these people -- charles: even though returns is a big deal with online commerce in general. the number of returns is 25%, 30%, astronomical. they won't go as far as to say i should everything out, why p the fee? >> they make it so easy to

return items. simply go to the web site, click return, print out the label, easy to send back to them. makes it very simple. liz: people were getting really upset talking about santa's sleigh was delayed is worth citing the premise on private your gift don't get there on time? you got to wonder what is amazon going to step in and do the right thing and say we can't really promise quick turnaround delivery by christmas time? >> they saw a surge in the number of people in signed up and last-minute sales online so this may have been an anomaly is year, 39% increase the last minute of people signing 426 items being sold every second on amazon. i don't know that they expected it. seems to me it was a lot of doom and the last minute.

charles: let's change gears a little bit. we had a few people talk about something coming in 2014, technology and in general, you are our gadget guy. i'm looking at 2014. what will be the game changes in gadgets. >> the company that can get wearable technology correct, it helped me lose 30 pounds and works well. we saw the samsung galaxy gear launch which was pretty terrible. charles: supposed to come to the phone. the company that can do wearable technology is one thing, apple comes out with their launch and make sense and other companies this year, consumer electronics show in vegas, roll out some things that are compelling heart rate monitors that work well for diabetics. let me say this. if you ever heard this term

before this will be the big thing this year, the internet of things. what is clayton talking about? when you have a gadget you wake up in the morning, perhaps wearing a jawbone on your wrist and it turned on your lights because it knows you are away, turned on your lights downstairs in your kitchen, all of these things being connected, the companies that are doing that. liz: does it cause brain waves, a tumor effect? >> dick at sporting goods, they are anti technology. they were coming down on the tablet, do exercise with your family. will we see more technology or anti technology? >> the internet is running in the background of the things we wear on the bodies or things that are in the car effective to the internet. >> got to look as hot as charles's watch.

>> even having the locks connected to the internet, showing up to your door all connected the internet, photo on the phone of people breaking into the home it will be huge this year. >> this is -- we could be a big brothers for the universe. people stealing packages on the front door. charles: talk to you again soon. a real sad statement on america's youth, kids taking twitter to complain about expensive gifts their parents gave them for christmas. does retirement run amok in this country? doctor keith has one or two opinions on that, he is next.

charles: time for a check of the market, the big board pulling back, holiday doldrums we have seen before so stay tuned. you think that kids giving gifts holiday season may be full of joy and appreciation for their parents, these tweets to a different story. here is one. i got dps 4, not a x box 1, i hate my parents.

i hate my parents because they gave me an iphone 5 c, and wanted to buy this. my parents gave me the mack book pro for christmas. they wanted the new ipad. i hate them so much. spoiled does not begin to say it. fox news contributor dr. keith at lowe joins us now. i got to tell you this is not we are seeing. >> it is nuts and this is what we have been talking about. you and diane stuart varney have been talking about a generation of narcissists being kindled by forces that remove them from real interpersonal relationships like facebook, twitter and technology like the iphone. charles: also the social media sites give them support. it enables them because someone will say you are right, your parents suck or something like that. >> it incurred as people to be

dramatic, outsized, to say more than they really think or less than they really think, not to be themselves. these are drugs. these devices and their use are powerful drugs and now we hear about somebody attacking a parent because he didn't get the right gift which i hear is a headline and you would think when else does that happen? when parents try to restrict their kids from taking drugs and get between the cocaine and the kid that happens too. these are drugs of abuse being sold legally. liz: what you are saying is there is an irony that these devices that parents are buying their kids are creating narcissism so the parents should take those devices a way? is that what you are saying? >> what i am saying is first we better start with some kind of massive effort to define exactly what is happening in terms of psychological well-being and

technology particularly these devices so we can arm parents with the reason to do that. right now it is -- i heard from dr. key for charles or stewart or you, right now we need to get the data because we are doing is distributing mainlining devices, no different than if we gave people a way to do vein puncture and they do heroin through the lines. same thing but worse. >> let me ask you a question. my finance 6-year-old got ipad minis because unfortunately there and a generation that has to know technology or they will be left behind. we gave it as much as an educational tool. public school systems doing homework on a high pad. how do you find that? you are telling your kids don't get on this technology on the other hand you got to do your homework so get on the technology. is a no-win situation for parents today. >> it is a no-win situation. i use an iphone.

i have a facebook account for business matters but i have one. what do we know about this? it is a drug that is pervasive and everywhere. try to limit its use. inoculate kids by getting them out of boards. pets are more important than ever. personal relationships, psychotherapy is more important than ever because israel. it is about empathy. we are losing empathy, creating narcissists and dramatists who say and look how big i am. i can say this about my parents. >> one true story. we paid so much money on toys this christmas, one ploy that the kids went crazy over was play with the inflated balloon and don't let it touch the living room floor. the whole family was packed into the living room. kids were going nuts with it. charles: this brings this back to a larger issue. when i was growing up we were extraordinarily grateful every christmas for what we got.

extraordinarily grateful. something else at work. consumerism, some may blame an entitlement but there is something larger than what we are talking about at work here. >> i do think so. the loss of full, the loss of grounded this in oneself and one's relationship to others because you have been wrenched out of that by this fake communication, text message, facebook account, people don't know what gratitude is because now these are all synthetic demotions. we are all acting our lives. we are not living our lives and the toll of it will be more and more. charles: back to another topic, you references this story, 18-year-old kid alexander tour as charged with assault and battery, attacked his father for not getting him the iphone for christmas. another part of this is something else, they have taken away, the parent's ability to discipline kids.

>> yes. of course they have because the state wants to be apparent. in obama nation the bottom line is parents are wards of the state, their children are wards of the stay. there aren't any parents, just kids to the federal government. we have to reverse that and live in real lives. charles: these kids know they have the power and they will do pretty good. we talked about this, the wall street journal has an article how the individual investor seems very wary of getting into the market despite this rally. what do you make of that? >> what i make of it is the individual investor doesn't believe all the excitement. i don't believe all the excitement as you know. i think people can make money but they ought to be cautious because a lot of the sort of in mansfield like let's get in here, i don't know that i trust the job numbers, i don't trust the we won't get another

like america that much and feels we should redistribute wealth. i don't trust we are handling the deficit appropriately. if you look at the reality the market indices may be saying put more money in but reality, rock-bottom reality says we are in trouble as a nation. you would say invest in international stocks or blue chip stocks and i know you have a plan but i am wary. charles: nothing you said that i disagree with. proceed with caution. this rally is not about america. i think people are right. unfortunately the higher at this goes the more the same mom-and-pop will jump into the game. we love it when you are on. have a great weekend. >> thank you. charles: government regulation gone wild. in less than a week you won't be able to buy those incandescent light bulbs that we know you love and you may hate it but these guys make industry

efficient bulbs are on cloud 9. we will talk to one of the next.

charles: time to make some money. i am revisiting a company called dry shifts. december 5th i asked you to take a look at it. it is up 30% from december 5th. it continues to go higher.

the international market, they have broken out, the international economy doing well. this is a great way to play a. once it is above $5 i'm looking for 7, even longer-term it is and $8 stock. 01 point it was $130 a share but that was in 2007. january 1st marks the beginning of the end for the incandescent light bulb. the government mandate forces people to shift to l e d bulbs. joining me is mike watson. for a lot of people i won't even say bittersweet, it is just bitter. they like their incandescent light bulbs and he the idea of federal government is telling them what they can buy and can't buy. >> thanks for having us here and i understand the confusion and frustration of the consumer. we understand received forced choice is not a good thing and

we believe in opening free-market, absolute consumer choice and they should buy products that are better, not the products they have been using, not ones that are compromised. charles: i watched your stock a lot. we have the chart out there right now. it does extraordinarily well ended is free falling. what is going on with the adoption of your product? >> the adoption is good. you may be surprised to find out without a phase-out in january, it is the top-selling light bulb at home depot even without the regulations so consumers have been flocking to these products and understanding in like that looks and lights like a props they love today at a price they can afford with benefits they never had before and long life and significant energy costs savings. charles: people pay more for the bulbs upfront but they last along the overtime you get your money back and then some. >> not just that they last long

overtime, 25 times longer than an incandescent are 84% more efficient than the incandescent bulb and that means dollars in the pocket of the consumer. a typical bulb costs $75 a year. of e.d. costs over $1 so that is $6 per year per bulb that you can save with 40 bulbs in a home. that can mean $200 or more in savings for a typical consumer. >> talking about a typical consumer most of us stockpile light bulbs and for me to buy bulk of your lightbulbs you are offering, compared to $0.99 to $1.25 i can get for the current ones. how do you debate people whose a lightbulbs i have are more efficient because i brake light bulbs on a daily basis whether a power surge or bum lamp or wrong wattage, very expensive. viburnum one of your bulbs that cost $7 vs one of the old bulls the cost 2 $ not saving much money in the long term.

>> the best way to get the consumer convinced is to have other consumers share their experiences and the reality is our bulbs are affordable upfront but we are also qualified which means in many cases you can buy them under $5. the difference isn't as large as most people perceive and the savings are real and significant. at 3 hours a day per bulb you can save $6 per year. be elite the bulbs are safe and pay for themselves and save consumers a significant amount of money over time and that time can be 23 years. charles: let's talk real quick, and 84% more efficient, not sure what that means. i have a ball in my bedroom and i -- it is not working. i can't read. for whatever reason the like that emanates from it, it is not working the way the old bulb as did. got to help me with this. will they get better?

>> i think the bulbs -- we can help you out. we just released a 75 what bulb which provides 30% more light than the bald we launched on your show in march so we are happy to send you one and provide a lighter bulb for your reading. >> do you think government regulation has helped your product? if it is a good enough product it will survive in a free market but the fact government is imposing people to buy your product, does that help or hurt your chances of winning over the consumer? >> we absolutely believe in free and open markets and aggressive competition. we just feel they have a great choice right now. it has never been about whatever you want to college, but listening to consumers, providing products that they like, like the works in the environment they have today.

and provide benefits they never had before. that simple no compromise promise to the consumers that will transform. our goal -- charles: doesn't hurt january 1st, '40, 60 watts. i will buy one of your bulbs and if it works the way you say i will go back and buy your stock too. congratulations. you have done a great job and the proof is in the pudding. just got to get some hundred what bulbs. these glasses get thicker every year. talk to you again soon. >> thank you very much. liz: you should go to bed now. charles: i can't see anything. obamacare. you know is not popular with young people but does this mean republicans have a shot in the midterm elections? we will find out next.

charles: 60 seconds. the other headlines, check the big board, triple digit gains, record close for the market, it is still early. check out twitter, stock is on a tear, stock is off $4, stocks under 70, $69 a share. general motors 1.5 million cars recalled from china, defective fuel pump, down 1%. to the airlines, computer

systems giving travelers discounts. how big? $68. that is pretty good. to washington, might not be a good start to the year, 1.3 million americans losing their unemployment benefits after congress -- the budget president is -- speaking of the president, you are going to play out next year. find out. ♪ like, really big... then expanded? ♪ or their new product tanked? ♪ or not? what if they embrace new technology instead? ♪ imagine a company's future with the future of trading. company profile. a research tool on thinkorswim. from td ameritrade.

pop in the drum of any machine... ♪ ...to wash any size load. it dissolves in any temperature, even cold. tideod pop in. stand out. charles: softbank, the odor of sprint, nearing the deal with

its t mobile parent company deutsche telekom. let's take a look at sprint and t mobile, really hard this week. >> that stock is up 6%, t mobile a little bit. the nikkei newspaper in japan reporting the owner, majority owner of sprint, owner of t mobile, deutsche telekom in talks for a deal and we are also hearing soft banks reporting to offer $19 billion for 60% to 70% stake in t mobile. if this passes, antitrust regulators, at&t tried to do something similar several years ago, merged with 53 million subscribers so it would be a bigger competitor to verizon and at&t at 95 million subscribers, still a lot more. charles: sprint climbed up really nice. thanks a lot. obamacare needs young people to work.

that is the bottom line. they have a choice to make. hundreds, thousands of dollars of coverage, $95 fine. let's bring in josh nash with the voice of conservative views. you are 20 something. how do you think this is playing out. the first hour we had shelby holliday on and she said there is something where they understand they need assurance, they understand it is the patriotic duty to do this but realistically how will they take the bait on this? >> they are not. they need catastrophic coverage. that doesn't mean they will enroll in obamacare. is not about being benevolent but looking at the economic climate and howard is affecting young people. 16% is the youth unemployment rate right now. so many students are saddled with student loan debt i don't see how the administration thinks this goes into account.

charles: we are asking the architects of this, the poorest adults for the richest adults, to subsidize the richest adults, how does anyone -- the youth overwhelmingly voted for obama both times do they understand what he is asking of them? >> they're having buyer's remorse but you are right, makes no sense whatsoever. why should the young and healthy have to offset the costs of the sick and elderly. look at the desperate measures the administration resorted to to convince my generation to sign up for obamacare? this marketing effort out there -- >> i don't know anyone my age that does. charles: don't know anyone any age that does. >> so insulting to members of my generation of the way they are depicting as as i bunch of pajama wearing binge drinking 6 abscessed neanderthal sites. charles: you don't look too -- i

want to move to the next topic. before we let you go will the president's low approval rating mean a midterm victory for the gop? >> i would caution conservative commentators and pundits going out and saying this is a slam dunk and ultimately going to translate into overwhelming u.s. support in 2014. that is how the romney campaign felt when people of facing economic catastrophic positions. before we got one of those conservative pundits on set with us now. >> overwhelmingly the young people voted for obama not once but twice. is it not a day late? what will you do going forward to make sure young people are finding out the truth, sending one over by j c and beyonce? >> you are right. i think the key is changing the way young people perceive the republican party.

i don't believe young people are progress of but both democrat. it is not progressivism but lack of consideration for voting republican. that is the problem. hopefully this obamacare disaster and fiasco is ultimately going to be a lot of young people -- >> can you make the republican image cool? can we be as hot as the other side? >> it would be unreasonable for me to tell you before 2014 or 2016 i can make the gop cool but what i can do i believe is make it tolerant, make it tolerable. that is really the key. charles: we will see. the victory is fair, everyone agrees it is fair to be had. whether they can do it remains to be seen. you will run for policy 7 day. i got a bumper sticker. e cigarettes we talk about all the time. now they are preparing for an advertising blitz next year but

will government regulations snuff out the industry for good? we will have a discussion of it next. from capil one. it's not the "limit the cash i earnvery month" card. it's not the "i only earn decent rewards at the gas station" card. it's the no-gas, no-signing up, everyday-rewarding, kung-fu-fighting, silver-lightning-in-a-bottle, bringing-home-e-bacon cash back card. this is the quicksilver card from capital one. unlimited 1.5% ch back on eve purchase, everywhere, every single day. so ask yourself, what's in your wallet? [ male announcer ] they are a glowing example of what it means to the best. and at this special time of year, they shine even brighter. come to the winter event and get the merces-benz you've always wished for, now for an exceptional price. [ santa ] ho, ho, ho, ho! [ male announcer ] lease e 2014 e350 for $579 a month

at your local mercedes-benz dealer. just by talking to a helmet. it grabbed the patient's record before we even picked himp. it found out the doctor we needed was at st. anne's. wiggle your toes. [ driver ] and it got his okay on treatment from miles away. it even pulled strings with the stoplights. my ambulance talks with smoke alarms and pilots and adiums. but, of course, 's a good listener too. [ female announcer ] today cisco is connecting the internet of everything. so everything works like never before.

charles: electronic cigarette companies making headlines. the fda is considering regulating how the cigarettes are sold and marketed but that

is not stopping the companies from producing tv ads to reach as many consumers as possible before these polers -- proposals rollout in january. liz: an interesting move. the big players are talking about tv ads. the danger for these guys is the government is saying you are not allowed to basically to get people hooked on nicotine. it is glamorizing the use of cigarettes even though it is basically a vapor where you have nicotine in it so you will see ads that cannot make therapeutic claims, you will see ads from these guys saying we didn't quit, we are switching to e cigarettes. that is the danger for them. got to be careful in the words they use in their tv ads. >> i have an issue, we have demonize tobacco so bad in the last week 10 years and the folks of the older generation who grew

up thinking it was great are feeling health consequences now. who is to say how young, marketing to very young ages, going after groups that need to get off of tobacco cigarettes, i am not a fan of this product. charles: is again we terrell to correct? >> yes and especially now the we're talking about the legalization in marijuana in so many states, where is this going to stop? charles: i remember back in the day, cigarettes would help you with athletic endeavors. we have come a long way since then. this wouldn't fly when i was growing up. kids going to twitter to complain about christmas and how bad their parents are. you guys didn't quite get either. your take is next.

charles: earlier we talked to dr. keith ablow with his frustrations over the christmas gift they got. we also asked what you would do.

here are some of the things you had to say. if i complained of what i got as a teen backing '80s, i would have gotten slapped by my parents. it depends an appearance. youngsters i observed were fine, thankful and joyous. you bought your children electronic devices. what would you have done if they reacted with some of those kids? >> they would be on ebay for sale. they have "real world 48" lined up. what more do you expect from our generation with "my sweet 16". they want bigger and better. they sit and see their parents on electronics, not much to do. charles: every generation does

not. let's go over to connell. connell: you sound so old and grumpy about this. charles: it is my voice. connell: over a million americans could lose their employment benefits tomorrow. what it means the economy and unemployment rate just ahead. and we have iran's bigler chief saying they are developing center fusions of uranium enrichment. when you hear about it, does it violate the agreement in geneva? working out while you are working. sending e-mails from the treadmill desk. the man behind that idea coming up with us. and a serious concussion could be a risk factor for developing alzheimer's later in life he had all that and more this hour on "markets now."