did wrong. it starts with me but i got it wrong with handling of it. [closing bell ringing] as the closing bell rings, what was supposed to be major focus on alibaba's stock which closed close to the highs but not there, suddenly taking a quick left or right turn, depending how you look at it, to the nfl commissioner was light on details david, how they will change policy. david: good afternoon. i'm david asman. we'll look what roger goodell had to say. he defended the nfl. did give us a couple mea culpas what he did but had no intention of resigning and he did have the full support of the nfl behind him. we'll stay on this story. bring in more what happened with alibaba and all of the stocks for the day in a moment. we do have charlie gasparino here who did call alibaba right on by the way. in fact it ended up a couple of dollars above his own expectations which many people said were too high. obviously charlie turned out to be right. it even went higher, charlie.

>> right. david: first to goodell. of does goodell stay after this. >> my view, okay, i think i'm minority view, is that he understands that the potential for him being ousted in some way is there. i mean i thought this was, okay, it was light on specific details, but the steps he took were pretty interesting. lisa freel, hired as a basic consultant to give him feedback on this, i know her pretty well. she worked in the manhattan d.a.'s as, sex crimes unit. that gives that part of this whole scandal, player conduct scandal, which is euphemism for thugs beatings up their girlfriend, beating up their kids, doing really bad stuff. that is what occurred here and that is, that she will be looking over this here is what i think roger's problem is and clearly you don't do all this, you don't go through all the machinations call the news conference today on a friday without you hearing it from the advertisers. my guess is, and he kind of

touched on that a little bit here, he said point-blank, i let down, you know, the, our partners. i think he used the term partners. there is no doubt that they are telling him, pepsi, anheuser-busch, they're saying the stink of what is going on there at the nfl, may not be translating into ratings but we smell it starting to stick to us. we want change now. that what happened here. and i'll tell you this, this where the rubber meets the road. a couple more of these, roger goodell is gone. nfl has got, it is a golden goose. it make a lot of money. he is a really good businessman. what could screw it up? this, thugs in your home every sunday. liz: we have a five shot, of five different players in very short period of time have been accused or convicted or even admitted child and women abuse and what happened today, proctor & gamble, maybe this is just the beginning of a ripple effect, proctor & gamble, has pulled out of an initiative with the nfl about a breast cancer

initiative. they're out for now. >> maybe that is just what you hear. that was public. who knows what is going on behind the scenes. i get the feeling there was a lot of stuff going on behind the scenes. here is the thing, roger still, full disclosure. i know him, i like him. if he was sitting right here i would say this to him too, that first video, to me of ray rice basically pulling his fiance at the time, like a piece of meat unconsciously, she is unconscious out of the he vator, taking her shoes, kicking her, are you alive? that is what he did. that was reprehensible. liz: did you hear "tmz" reporter all it took for one phone call to get the second video, one phone call. >> that is the other thing. anybody who knows anything about elevators these days particularly in casino there are 200 cameras all over the place and you do go out and roger goodell and nfl has plenty of money to go out to hire private investigator to find out what happened. i'm sure ray rice told him, my

hand, i slapped her, whatever happened, he didn't fest up to the that right cross, that left cross to the jaw. but still, if you are the nfl commissioner, and you see, even if he slapped her and knocked her out and, she hit her head, you see how he treated her, you have to say we have an image problem or i don't believe you. david: we have one of the best business sports reporters in america. mike ozanian, "forbes" executive editor standing by. mike, you've been watching what happened. we should mention a cowell of things, first of all, the amount of advertising money we talk about going to the nfl, it is over a billion dollars. it goes there i know in various ways of the it is a lot of money we're talking about. the viewership, by the way, last sunday, we had four games that had 20 million plus viewers. so there is no sign as of yet, that viewership has been affected at all by what is haunting roger good did he,

right now, is that correct. >> that's right. here is one warning signal, david. over the last week, the share price of all the nfl's broadcast terse have underperformed the market. they took a dip relative to the market. and that really is, as far as i'm concerned a warning signal to the league. and as charlie was alluding to, a lot of talk going on behind the scenes, we only know what has been public, talking about networks that will pay in total an average of $5 billion a year over the next eight years, they have a lot of power. david: by the way, i have to ask you about goodell and his position at the nfl. he was asked specifically about it. he said will you resign, should you resign? he said look, i have the support of the owners. i don't have any plans to resign. i admit i did it wrong, is that enough? will, is there a possibility that down the line he will have to resign because of this. >> i think only if it comes out that he lied. otherwise as direct result of this no, i don't think he will

resign nor, do i think he should. liz: mike, five players as we already mentioned, you have five players who are smiling in their nfl official videos but there have been some pretty horrific charges against these people on the screen and yet, one game suspension, two game suspension, with pay in many cases. yet sean peyton, the coach of the new orleans saints was us spended for entire year over bounty gate, which involved, if people don't know, players earning money inflicting injuries on other players. bring in the richie incognito story, where he was verbally bullying people. michael vick over abusing dog, yet here is, roger goodell said the first video was not enough to go beyond a two-game sus send pension. >> the one thing the commissioner has to deal with players and not the head coach is the union. he wants to work closely with the union which he should do. i think secondly, when you look

at social media and what it can do with news, particularly the players you just mentioned, i think that this is a new phenomenon in pro sports and i think that the commissioner has to get in front of that. they have to realize that, which is why they're going to have to be proactive going forward. david: we want to bring in adam shapiro. he was live at the event. adam, what stuck in your mind what we saw goodell go through and how he responded? >> well he kept saying that he made a mistake. then when he was asked a question how would you explain to a child, in fact there was example of a mother who brought her young child to a vikings game and was wearing mr. peterson's jersey, how do you explain to that child what is going on in that regard? he talked about mr. goodell talk about nfl being micro costism of society and he talked about accountability. everybody has to be held accountable for their mistakes, acknowledge them and be accountable. he acknowledged his mistake on the handling of the ray rice

incident. he said starting this press conference in the past he made a mistake but he hasn't said how he would be held accountable like taking a pay cut. he will not resign. he said, this is quote, i dis.ed my sell, i disappointed the nfl. i disappointed the fans. i made it clear to the sponsors we were going to do better. much like politicians and ceos he said he wouldn't resign or take a cut in pay. liz: putting him aside, he didn't beat any female. he didn't say anything about zero tolerance for players involved in this thing, am i correct on that? >> he didn't but also brought in the issues of players association. he has to deal with a union which represents the players and then can appeal the decisions that the commissioner makes, when he suspend a player for conduct they establish as being inappropriate. he did say early in the press conference they're going to look at changing what the code is for the nfl, something that would perhaps become stricter and his goal is to have all this in place by the super bowl. >> i would say you can deal with the union when you have to deal

with the union. there is deal here, he knows this, he calls the game "the shield." it is part of our integrity. how do we protect our integrity and image? he knows it is big. the nfl image is almost as big as the game. the game is big and image keeps the trains running, keeps the owners rich. you know i disagree with your guest from "forbes." i think there is a shot this guy has to resign. i've seen this happen before. he is hoping that this, what he is doing here arrests the situation, puts it off. clearly this guy does a lot of polling, you know. he has got polls. i believe, are very old, frank luntz. does polls. >> charlie, he lost --er to get the polls, charlie. he lost a sponsor. p&g. the truth pacemaker. >> i agree. and probably may lose others. my point is this, he still has their support until he doesn't have their support. and they're always is a tipping

point. i remember when dick grasso ran the new york stock exchange which is almost a corporate structure back then. it was a club, not-for-profit club. like the nfl same thing. we're on his side, we're on his side. the outrage about his pay package just caught wind. it became a huge story. then he was gone. that is the whole thing. that is what roger goodell is doing right now, putting daylight. david: you mentioned the nonprofit. what u.s. senators want to strip nfl of non-profit, doesn't amount to a lot of money. may happen or not happen. >> when we talk about not for -- explain to people out there, are not-for-profits, not-for-profits. clubs of people like the new york stock exchange used to be. they pay a lot of taxes. they don't get any breaks. david: nfl used to be. nba used to be. charlie, we've run out of time. thank you very much, charlie gasparino. mike ozanian from "forbes," thank you, mike.

adam shapiro who is there. we appreciate it, gentlemen. liz: what was supposed to be the biggest story of the day the historic ipo on wall street, alibaba skyrocketing, ending the session up 38% off its day high. one analyst was way ahead of the curve but not only being one of the first to put the price target on the stock but calling for $90 last night. what does he think now? we will ask him. david: speaking of alibaba as it starts to build a u.s. presence, how will its competitors be impacted, competitors right here in the states? can a chinese company that restricts competition in china compete over here? what do the competitors think about that? overstock.com ceo patrick byrne, one of those competitors, joining us exclusively. liz: tell us what you think. should alibaba be in your portfolio now or are you waiting for a little bit of a pullback? tweet us @fbnatb. we'll read your answers coming up.

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liz: historic day for the stock market and for the new york stock exchange. alibaba is the huge story of the day, soaring in its debut. david: let's head back to nicole petallides on the floor of the new york stock exchange. nicole, kept going up and up and up. >> it was very interesting, dave and liz. historic day, what can i say. largest ipo ever here. you know i watched visa, i

watched aol, twitter. this certainly was exciting day. huge crowd. jack ma, who started this company in 1999 with $60,000 and today, he is an $18 billion man. in addition to the fact that we've seen, this is $68 ipo, it closed at 93 and change, makes it a huge company. it surpasses almost every company in the s&p 500 basically with it value. really obviously a big day here on wall street. it was executed without fail. it was interesting, though, was you had the underwriters, had everybody involved. dipped below $90. then went right above that price. that key to watch too. you remember that happened with facebook at 38. the people who support these ipos try to hold it at certain levels. liz: good. nicole, thank you. get right to today's market action. drew kanaly, think this is bull market continues to rage on. scott shellady in the pits of

cme. nicole back with us here. i want to start with scott in chicago, you were a bit of a distance from alibaba hype but did it drive the trade at all with look, the united states land ad huge ipo, that is certainly good for our markets, for lack of any negative news plus the scotland vote that kept it with the u.k., where else to go but up? >> well, we had two things to talk about today, didn't we? the haggle over haggis which we got late about scotland. number two after a while it was more like alley blah blah, than alibaba. we have been more surprised not to do well. there is billion people, if they all want one share it will go to the moon! we would have surprised if it didn't do well. after a great day today, 2.3 times volume of twitter. 80% of all e-commerce. ultimately it would be okay. i wouldn't have bought it today. i want to see what happens. i don't know about that tech sector going into what we've got with headwinds in the economy.

guys down here are cautious. ali blah blah more than baba. we'll see how it goes next couple months. david: drew, will you wade in on alibaba or get in before it tops 100? >> i will not worry about alibaba today, that's for sure. i tell you what fox business listeners should be paying attention to, look at asia in general and take out japan, you're talking about 22% of world gdp. but, can anybody tell me what the stock market capitalization is for asia? it is 9%. okay? so the representation of the growth story in asia, just in market cap is such a big story. david: i got to push back a little bit. i understand that. however we're talking about one company that has a market share of 300 million people. i mean, it is just inconceivable to market share that big of a middle class that is going. >> right. and i'm talking about all of the

outstanding, okay, market cap for all of asia is so unrepresented, to look at alibaba is to miss the point. that there are so many other stocks out there that will be coming to market. you need to be positioned for the asian growth story. and it is sorely underrepresented in most portfolios. this is a very, very big theme. this is just the tip of the iceberg for what will be a growth story in equities over the next five, ten years. liz: we could show chinese stocks, baidu, certainly one that looked very, very good and a bunch of others gone public recently. you say there are more to come here. let me switch to david. you are very bullish on the markets, david, but you ignore what is going on geopolitically from the noise with david, david not there. let me go to nicole petallides. give me a sense, on that about chinese stocks, they suddenly look shinier here for portfolios? some have been decent performers. >> today was a great day. alibaba came in.

it was executed beautifully. a lot of people who want the exposure a lot of people want to diversify their portfolios. they don't want one particular area. we've seen chinese stocks on the move here. but, the question is, the people were raising today about alibaba in particular, it is based in the cayman islands. basically a company owning a company. but, at same time when you talk to people they say listen, nyse scrutinized this company top and bottom. would have never listed it unless they thought it was a legit investment. david: okay. scott, i want to go to you. i want to talk about gold for a second. i know a lot of focus on stocks right now, but gold has been falling. it looks like it might go into an 11 handle here. what is happening there? what are the commodities in general telling you? >> well the commodities generally speaking are a lot of times considered the canary in the coal shaft. i think that is something we have to pay very close attention to here because i know everybody is happy about today and the

flotation with alibaba but at the end of the day we still have major things happening in the economy. still even at 2.57 or, 2.6 10-year, things are not as good we like them to be. jobs are little different they have more but not as good. commodities can lead the way. they're telling us things are not that good. all the commodity indexes are four and five-year lows. keep an eye on that. at the same time the dollar is getting stronger. so that is also hurting things. that is telling mow headwind ahead. stock market has some challenges to it definitely. liz: the dollar seeing the longest winning streak since 1967. let's ignore the greenback. 10 weeks and counting upward moves. i need to go back to drew. let's get names here. we haven't talked a while about dividend plays. do you still like these? they still pay you no matter what is happening with the stock market? >> very much so. there are two-ways to do it, buy

i-share, dvy. if you want to go passive to get a nice dividend play or do federated investors value fund dividend of the very well-managed fund. great returns. our clients have been very please pleased with this strategy. low volatility, but at same time pays you very nice dividend. want to go back to the one thing on commodities that is very important point. back out at gold. look at big picture. the whole commodity complex, that commodity super cycle looks like it might be breaking down. and then, that is a very important technical point for the markets. so again, it puts more pressure on stocks. more money will flow into stocks. and preferred stock today is, dividend payers. liz: all right. great to see all of you. drew kanaly, scott shellady, nicole petallides. nic, we'll see you in just a few minutes, thank you very much, folks. alibaba is the biggest ipo ever, it's official. should u.s. companies like overstock.com worry about getting flattened this chinese

steam roleer? overstock.com ceo and founder, giving us his take in a fox business exclusive. liz: and he was one of the first on the street to put a target on alibaba's back, or stock, calling it, $90. it was just last night that he did that. that was before today's ipo. so where does this strategist think shares of the company founded by jack ma are headed now? he tells us coming up. he was right the first time. stay tuned. ♪ we've never sold a house before. (agent) i'll walk you guys through every step. there are a lot of buyers for a house like yours. (husband) that's good to know.

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liz: historic day on wall street as alibaba becomes the biggest ipo in u.s. history. the stock soaring today, ending 38% higher but one of the very first analysts to put a target

on the stock was our next guest who last night said, you know what? this thing is worth $90. pricing at 68, worth 90. does he think today's move just above $90 is too high? is he raising his price target? we have a "morningstar" consumer equity strategist. you called it at 90. it closes at 93 and change. is it now overpriced? what do you think? >> i think at this point it is slightly overvalued. "morningstar" we look at future free cash flow potential of the business. we value companies on intrinsic value basis. nothing today changes intrinsic value. i think it is still worth $90 a share and might wait for a pull back. liz: opened at high of the session. $99.70. that was, the thinner air territory. but do you find it interesting that it moderated came back down-to-earth just a bit? >> yeah. i think you probably saw some profit-taking at that point too. people who have gotten in,

initial shareholders. might have seen rotation out. the at that point not surprising that it pulled back a bit. very interesting trading on this one. just very fascinating story to watch from the very beginning. liz: okay, so let's just focus on the fact that you say now it is slightly overvalued, according to your particular metrics. what does it need to do. to get the point where you say we're going deeper into this, we really like it now? >> i think i need to see a few things. the market will certainly be focused on the going through the next couple quarters, first and foremost a top-line growth story. most people probably in this are growth investors. really keeping up with the growth, not only in china, but starting to see international story develop. i think that is what investors first and foremost will focus on. the other thing is profitability. we started to see operating profits contract a bit from most recent quarters. a lot of that is investment cycle. companies going through whether it be infrastructure. some technology, some content. what we're seeing in the u.s. with amazon. that is continuous, investment

phase gets a little bit more aggressive. that puts levels where it might look strong again. that is thing to keep eye on the stock in next couple quarters. liz: so much to talk about fact that people are to the buying shares in alibaba. they're buying shares in essence a cayman island entity. does that concern you at all or are you comfortable with what people buy when they buy baba? >> i am comfortable with the vie structure. it is a entity we see with a lot of chinese traded adrs, whether baidu or cena. with companies like amazon and expedia, they also operate china subsidiaries under vie structure. i'm comfortable with that. it limits your rights shareholder but they improve on the metrics. i'm concerned about the partnership structure of the board. that does limit your say in it as well as alipay structure.

i have concerns about that. but i think it's a risk, but manageable rick with this story. liz: welcome to many companies based in america. always the board that gets touchy. are they independent? are they too close to the ceo? rj, as we finish up here, you look at halo effect both positive and negative. are there stocks could be negatively impacted if ali bab bab strength he -- alibaba strengthen es in the united states. am i missing some names here. >> that is the right names to think about. amazon, ebays, over stocks, key e-commerce players in the u.s. i think those might be pressured. that being said a network effect for company like alibaba that will be strongest in china. i don't see them much more of a niche player in the u.s. the international growth story for the alibaba will be constrained. not to say they won't have a great growth story in china. a lot of white space to grow. you have the same effect for amazon, ebay and other players in the u.s. that will be

difficult to make others switch platforms. not as worried about u.s. competition. liz: you called it right last night. $90. missed it by $3. >> what can you do. liz: i need you to watch this next segment. david he mentioned overstock. david: nice to have a real sober assessment what happened today with alibaba. it already dominates the chinese market as we just heard. now that alibaba raised billions of dollars, will it use awe the cash to make a more aggressive push into our markets? how concerned should our e-commerce giants be about that? we'll talk to overstock.com ceo patrick m. byrne, exclusive i right here. one strategist told you to buy jcpenney of all things months ago. a lof of folks said it was dead. if you had listened you would be up 27% now. so what is his new call? he joins us straight ahead. ♪

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>> my partner and he said, jack, i've been working with for five years and you never talk about a competition. why should we talk about competition? what i see the opportunity n this world there are 7 billion people. only half a billion people are using online. why are you worried about competition? david: something very appealing about that guy. real entrepreneur that.

was alibaba's founder and executive chairman jack ma saying he is not concerned about competition but what about u.s. based e-commerce companies? are they concerned about alibaba coming here? let's talk to someone who has been in the e-commerce business for quite some time. joining us fox business exclusive, our very dear friend, patrick byrne, overstock.com ceo and founder and skydiver extraordinaire. i hear he just returned from a couple of skydiving jumps. patrick, let's get to alibaba right away. jack ma is appealing character. he has a steve jobs entrepreneurial quality or patrick byrne if you will, quality of, however, he works for, he works in a communist government country. and, he has a lock on competition. 86% of the market share of all internet sales go to that one company. i think it is fair to say that wouldn't be possible without help from the government. isn't that true? >> right, god loves a monopoly,

like your friend warren buffett says. god love as monopoly. someone likes jack ma. if he is keeping 86% the sales, could be network but i say he has come good friends. david: when alibaba comes here to take some of your share and amazon market share and u.s. internet companies they won't have the same sort of restrictions you might have trying to compete with alibaba in china. does that bother you? >> well, yes, but it, just in principle it bothers me but doesn't scare me or doesn't really bother me. in the u.s., e-commerce is now 6% of retail. it has a long way to go. if you owned a suppose you owned a little casino in early las vegas and it was a nice casino. you were making good money and you heard harrah's and caesars, people would come in and build giant casinos, you might be scared and gee, they might take my business. you might say, gee with all of them coming here it will be such a destination it, will increase

business so much for everybody. i think by having bigger players come in, actually, if they take that 6% to 60% which is what i think it should be we'll be along for the ride. i'm quite happy where we are. david: have you ever tried to compete in china? >> you know we have been selling there for a couple of years but really on a model that undoesn't, where we're shipping from the united states. we are opening just in i think january, a small facility in china where we'll be having product located within china and shipping into china. we'll actually be using alibaba as, they have a, their b to c site is called taobao. our products will be up in taobao i believe. david: actually, you're piggybacking on one of their platforms. the wj -- "wall street journal" had a piece how the chinese government is putting screws on certain u.s. companies operating in china accusing them of

monopoly pricing and things like that. are you concerned about that? the one thing new on that story, they say they will not allow these u.s. companies to bring in lawyers in to defend themselves? >> that is odd. you know what is funny, i know i used to be a student in china. 30 years ago i was first wave of american students and i have good relations. oddly enough although i'm a milton friedman guy i have had very nice relations with the chinese government since then. there were, when the officials visit utah, i had a lost visits with them and such. so i have a lot of nice, call it walking the back door in china, having connections. i have a lot of nice connections in the china in the government. my guess is, if, well, my guess is when we get in there start really, i'm considering moving over to asia when we really start pushing into asia hard and running that end of our operations. david: wow. >> and, it doesn't scare me so much to operate in china because i, well, i think i have a lot of friend there.

we'll see when the time comes. david: now what happens when jack ma, sets his sights on the u.s.? i assume he will be consumed with building, building what he has in china right now, but, when he does come to the united states, and starts competing with you, do you foresee any problems? do you think you might have to change your approach to your business because of what alibaba might do here if. >> well, our approach is always evolving. they're coming in with 11 main. they will have to build a brand for 11 main. they have deep pockets. they will throw in the money for a while. we're home goods furniture, a lot which is made in the u.s. it is an area hard to compete. amazon, for example, kind of pulled out of the heavy furniture area of the market because it is so hard to -- i doubt the thrust of alibaba's competition will be against us. it will be against other people who sell typically smaller

products. you know, all that said, if it is against us we'll rock and roll with the competition. it is always about reading data, reading the tea leaves and trying to, we follow the work of sun tzu, the art of war. we're all set. david: i think he probably read that book as well. i'm almost sure he has. patrick, if anybody can survive it is you. you survived a lot. thanks for coming on. don't do too much skydiving. we need you hear on earth. okay. >> okay, david. good to talk to you. david: patrick byrne overstock.com ceo and founder. >> thank you, patrick. he called it right on both jcpenney and silver. j.c. paretz, founder and president of eagle bay capital will be back with new trades you can't afford to miss. david: also the isis terrorist group is committing terrible atrocities. why is a radical muslim cleric in london believes those are

falsehoods put out by the west. "the independents" challenged the cleric on national tv. we have must-see video. we have one of the independence hosts. liz: think about, one iphone buyer got a lot more than he bargaining for showing off to the cameras. we have the rest. hold on, straight ahead. man when i got shingles it was something awful.

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david: earlier this year our next guest told you to buy jcpenney when a lot of naysayers

were doubting that the retailer had any future at all. liz: since his call in march. look at this. the stock rallied more than 37%. he reiterated his call back in july, continued to move higher. not only that. but he also told you to short silver. david: what? liz: guess what? there it is. doing exactly that. falling, already down more than 6% and also silver at four-year lows. what should you do now with these trade? the man who made the calls, j.c. paretz, eagle bay founder and president join us now. david: smart cookie. liz: talk about jcpenney first. that call has been a winner for you. what do people do with it if they're following exactly what you say to do? >> i think it is time to back off. i really, really like the consolidation last couple weeks. technicians might call it a bull flag. here we go. home run. doubled this year. off the lows. here over the last couple of weeks we've been seeing nice little consolidation. when you see these, you want to see them break out in the

direction of the underlying trend which in this case is higher. unfortunately it did not break out, it broke down. i think right now we need to give it time to digest, chill out a little bit. the reason we liked it originally, clearly not because of fundamental. we like it because the short interest, short ratio. the days to cover and based on volume short interest, three days. not as nice as it used to be. david: where on the chart did you get in. >> we were talking about you and i right here on this show right around here. it rallied up 30% from there. consolidated. liked it right there. went up 25% from there. liz: need to give them silver because that is the next big call that you made around late may. >> yeah. liz: you said start shorting this thing. look at this. pretty impressive. the fall began in mid '13, 2013. >> we go back all the way to 2011 when it was at 50 bucks. it has been in a strong downtrend entire time. really beautiful downtrend. liz: would it be a buy here? >> ought slyly not.

liz: why? >> when you see the levels of support and continues to bounce off this left, it will give way. it bounced, it rallied, it bounced it rallied, it bounced and it rallied. then it broke down. now the overhead support on oversupply any attempt to get. david: how low can it go? put the chart up. >> put the chart back up. we could see below $15 a share based on measured move from this consolidation. if you take extensions and math we do from support in 2010 i think we could see even under $14,. >> what about the sentiment on silver? >> actually a very good question. with each low silver was making, low made last summer, low at end of last year, there was extreme pessimism at each one of those lows. you got nice bounces because of those sentiment unwinded. however on the last attempt the sentiment wasn't as bearish. that was the catalyst to break it down this week. in fact sentiment is still nowhere near as pessimistic as it was last year. there is plenty more room to the

downside in silver. liz: palladium is more expensive than silver. if you compare them, is palladium better opportunity? it has seen a nice move. does it continue move to the upside? >> palladium has been, my favorite chart in the entire world coming into the world, we're running into 2007 ven highs. there are highs it needs to digest -- 2011. palladium, want to get i have time. relative to silver, long palladium, short silver pair doubled over the past year. i think it continues. david: my producer will kill me. gold, quickly, quickly. how low? >> same trade as silver. probably see a thousand bucks. david: then you buy this? >> we'll cross that bridge when we get to it. david: jc, good to see you, man. great call. >> doesn't get emotional. looks at charts. david: all technical. >> jc, thank you. want to know what happens when the host of "the independents" take on the a controversial

muslim cleric who critics say support the isis terrorist group. we're asking one of those fox business hosts who did just that when we come back. david: we've all been there. stuck with a cell phone run out of juice. now a new environmentally friendly way to get the phone working again, details, when we go off the desk. ♪ ♪ [ bell ringing, applause ] five tech stocks with more than a 10%... change in after-market trading. ♪ all the tech stocks with a market cap... of at least 50 billion... are up on the day. 12 low-volume stocks... breaking into 52-week highs. six upcoming earnings plays... that recently gapped up. [ male announcer ] now the world is your trading floor. get real-time market scanning wherever you are with the mobile trader app. from td ameritrade.

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david: france had first airstrikes against isis in iraq today, joining on the aerial attacks on the group. fox business's "the independents" will give you in depth analysis on a special edition called. liz: "the independents" kmele foster will reveal a stunning and disturbing interview with a muslim cleric. >> he is based in the u.k. unapologetically defend isis, defend the 9/11 hijackers. i mean it is probably one the most frustrating interviews i have had to do in my role on "the independents." david: why? >> i think we have a clip of that right now. maybe we take a look at it and talk a bit about it now. >> you continue to kill must lips, there will be reaction. >> i don't kill muslims. i'm a peaceful person. >> of course you do. >> who kills muslims in iraq?

who killed muslims in iraq. >> who killed the muslims in the world trade center? >> what about syria? >> exactly innocent muslims were killed on 9/11. where is your condemnation there? >> yeah. so frustrating. he didn't answer specific questions. we tried to pin him down. he has mix of justified and totally contrived of things he is upset and angry about. but the notion that because there are muslims dying someplace, now you have the justification to cut innocent people's heads off, he couldn't square it. he didn't even come close to explaining it. he himself not participated in these act but certainly condones. david: not that we know of. >> he certainly didn't take any creditor for it. he condones it and encourages it. there is evidence he helped to inspire some folks who are in the u.k. and looked to go to places like -- liz: two of the victims of beheadings are british. it is amazing to me and allowed

to live in the u.k. >> amazing to me won't leave. liz: he mooches off the system. >> he would love to live in place governed by isis. why not leave. he says he would be arrested if he tried. far me it to be from stopping if you trying. david: you guys come to any conclusion? libertarians to certain extent are conflicted by involvement in certain aspects of war on terror. is there a conclusion you come recognizing there is terror threat we have to deal with? >> there are a few different levels to it. the first thing the president ought to go to congress to get authorization to participate in what is in fact a war. if you are dropping bombs, you're spending $7 million a day that sound like a war to me. the second thing what does our involvement mean for the region and united states? are there ways we can go in there to make the united states safer without inflaming a situation further? that is what we talk about on

the special. we have a great host of folks coming in to talk to us and share their perspectives what is going on in the region and what we can actually do to make the homeland safe. david: kmele foster. thank you very much. don't forget to watch the evolution of terror, tonight 9:00 p.m. eastern time and again at midnight here on fox business. congrats on this. going to be a great show. appreciate it. liz: everybody should watch that. are you tired of your phone dying in the middle of writing an important email or text or important call? a solar powered charger may be heading to a park near you. it is unlike any charger you have ever seen before. david: and, take a look at the first to buy the iphone 6 from perth's flagship apple store in australia. guess what happens when he opens that box? we'll show you in a moment. ♪ work with equity experts

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>> let's go off the desk. iphone 6 launch day. boeing versions of the latest iphone hitting stores and customers living it up outside as they line up by apple stores worldwide. one australian broadcaster to ask the very first person to bought the iphone 6 from the perth's apple store. the big reveal did not go, oivay. the iphone fell out on to the box on to seem meant and, oh, my gosh, it did survive the fall apparently unscathed. david: they spend all billions of dollars making it foolproof but not all survived that. also off the desk, trees up ply us with oxygen and shade and different kind of tree will provide us with power to recharge the devices. tree doesn't grow from the ground. it resembles a quirky piece of modern art. these devices pop up throughout europe and will soon be in california. the charging stations feature

free wi-fi usb sockets and 16 sockets powered by the sun. each tree costs $20,000. >> we'll take it. have a great weekend. "the willis report" is next with cheryl casone. bye now. >> hello, i'm cheryl casone in for gerri willis tonight. coming up on the show. >> we have seen all too much of the nfl doing wrong. that starts with me. >> the buck stops with him. and nfl commissioner roger goodell apologizes for the past and promises to do better in the future. we'll have a live report. also records being shattered on wall street as shares of alibaba hit nearly $100, but, will the small investor make any money on this one? advise for buying a home overseas. one bad move and your piece of paradise could turn into a nightmare. "the willis report" where consumers are our business starts right now.