close. potential 9% move on the stock. [closing bell ringing] >> we're waiting for green mountain and a few others like williams-sonoma. david: we'll have to wait for another day for a new record. we're all in the red. barely so on the dow. a little more convincing on s&p. nasdaq and russell 2000, nothing to brag about, a full percentage point to the negative. small and mid-sized stocks not happy way things are going. others are holding their own. fed minutes came out. didn't really move the markets. if anything strengthened the markets a bit but not enough to end in the green. we have a busy show coming up with ralph nader on. "after the bell" starts right now. cheryl: let's break down today's action. we have got dan neiman, of neiman funds management. one sector they should bet on now.

john trainer thinks we will see a santa claus rally year-end. chris gersch from the pits of cme. start with you. focus your comments on the minutes of the fomc today. >> yes. fomc minutes today. i thought this would be such a further carry-through with the rally we saw immediately after. the fact we sold off and we're negative on futures makes me believe a lot of these traders, specifically, s&p futures traders believe there is really not that much more follow through. i think extending the through the next month or so it is really key to look overseas. if we get any sort of growth numbers, pmi, tomorrow night, you might see a shift futures going to the high side. now is not a great time. not for all-time highs to take a great profit. david: fed remind, not remind you but i'm thinking ancient of history the oracles of delphi,

used to cut open dead birds and look at entrails and figure out what happened. i'm so fed up with checking deaden trails. let's get on to making market work based on economic growth, no? >> yeah. i really think the fundamental approach to stock picking or investing in stocks is really where you want to be. the market has been up and up for six years. we're finding there is still value. a few of the names in that sector i like, i like costco. you mentioned cost sew earlser. jo ling kent, you have the numbers on keurig. >> expected eps was supposed to be 77 cents and clocking in at 90 cents a share adjusted eps.

at slight beat of $1.16 billion the street was looking for. this is 14% increase in revenue which is interesting and they're citing strong performance in the portion pack business. that business for coffee was up 22%. so we'll continue to go through the earnings report but beat for keurig green mountain. david: after hours down a bit. cheryl: john trainer, react initially what happening to keurig. coffee prices had been on the rise. that caused them to raise their prices on consumers. as we go through numbers right now, we're seeing pressure, john, on the stock. >> that's right. one of the things we'll be looking at is how much demand was pulled forward into the quarter ahead of the november price increase. we like the business. we like what keurig is doing on the management side. our concern has always been the valuation. it is a high expectation stock. we need to be careful there. we advised clients if you do own it, take some profits. take profits here.

it is a little bit too expensive for us. david: dan, i promised to get back to you on apple. it is sort of related to what happened with keurig and market in general. it seems to top out. if you look at market exhaustion, we can ask chris moore. looking at apple, 114. remember there was that seven to one price swap for the shares. that would be well over $800 in the old way they used to price apple. don't you think it has topped out? >> it may be topped out currently but i still think it's a stock you want to hold in your portfolio. if you get a selloff and pull down on the stock price i definitely will be buying more, especially if it pulls back into the 100, 105 range. in the keurig case, my partner glen is up in buffalo, new york, snowed in he has keurig in his portfolios. he think if there is selloff it is a buy for his clients in his growth portfolio. cheryl: john you were looking

for management shift at green keurig. there are headlines crossing with management shift with succession plan for the company. executive search is in place. new ceo will report to brian kelley. we're seeing shifts on in that. i do want to move on really quick. you mentioned santa claus rally. we have seeing record after record, why we hit new highs when the economy is not strong enough underneath all of it. you're saying ignore that? santa class is on the way? >> we see positive news really on three fronts. the political side, we believe in the democrats and republican best interest to work together. we think we will see positive news there. in europe you have draghi doing everything he can to stimulate the economy. we think merkel is the key person. if she moves to stimulate german economy. we'll see positive news out of europe -- could see positive

news out of europe. u.s., every factor is increasing. every factor in the u.s. is positive. we think headlines over next couple months are going to be positive. that will help con conn. we think we're -- consumer confidence. we think we're heading into the u.n. in positive tone. david: chris gersch, when i hear word stimulus i reach for my wallet because i know my dollar will be worth a little less. there is a limit -- the japanese certainly found that out. there is limit to how much some qe programs can do. people still don't have confidence that japan will back out of its recession easily even with them producing more money massively than we ever considered producing. i'm wondering if this market, go back to the feel that i get, that it is topped out. the market just doesn't believe the fed can do anymore to pump it up? >> well, you hit on key thing, that being japan of the fact that you have decoupling of their currency right now at the 118 handle, we saw it continue to weaken against the dollar despite the dollar weakening

against the euro and pound today. that is huge news. that movement in the yen, that continued weakening if, if there is lack of investment in japan on a global basis, that is decoupling of that economy will drastically affect what we have here. so the correlation to the s&p and yen trade tomorrow morning will be key. if we continue to see continued weakening i believe a lot of these traders are actually going to sell s&p if we see 120 handle on the yen. >> economics you're bringing up and dave brings up, you mentioned the fact, dave, that you have a partner snowed in right now. there is concern not just nat-gas traders but traders overall we may be in for another polar vortex. remember what happened with first quarter gdp in 2014. are we looking another potential hit to the economy thanks to the weather? >> i think you could get a hit to the economy, thanks to the weather. here in california we're talking about having el nino year and lot of rain.

i think those are short-term effects and short-term things that happen. fundamental approach, taking long term perspective, companies make money. earnings come out and beat estimates. from a long-term approach we've got a good strong economy and a lot of good stocks to buy. david: john, talk about one more stock, whole food. i must admit i have a little bit of this stock myself. it is a buy, came way off its highs. trending upwards. why do you like it now? >> we looked at this stock a year ago and wanted to buy it 12 months ago. it was too expensive for us. so when the stock dropped as you see in your chart, when the stock dropped we added to the buy list about six weeks ago. we were frankly surprised at the earnings report that they had that really caused the stock to jump but we still think it has much further to go. they have reaffirmed the value proposition to their customers. that is what we saw in the latest earnings announcement. we think that will continue. we like that. cheryl: john tray nor, in the newsroom, thank you very much.

dan neiman, chris gersch, thanks to all of you. david: thanks, gentlemen. u.s. safety officials want a nationwide recall of takata airbags covering millions of vehicles. but at that caught today, it is not cooperating. what can the feds do now? who better to ask than ralph nader. one of the founders of nhtsa, honorary founder of the national highway safety traffic administration. he will join us in a moment. cheryl: he is unstoppable. get it? all 50 states posted freezing temperatures even hawaii. the cold-snap shows no signs of easing. we're live in the weather center with the latest for all of you. david: who benefits from the weather? are ferguson businesses being let down by the government? is the president legally allowed to take the executive action is is about to take on immigration? all that and a lot more with our panel straight ahead. ♪ ♪ (holiday music is playing)

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david: we like good news particularly on down day. three queue l new retailers hitting all-time highs. >> the nicole petallides on floor of new york stock exchange. >> nice to see highs on stocks

particularly on a day with down arrows, right? walmart, costco and lowe's hit all-time highs, managed to hold on to the green despite we saw selling on most of wall street. drugs and banks were all lower. energy tried to get i have a go. consumer type stocks were the star of the day. costco hit 140. walmart hit a high of 85.64. lowe's as i said earlier, people were baining employment and had money to spend on homes. the high was 62.48. it really held on. up 6.3%, and retailers bucked the trend and held on despite fact there is uncertainty in the market sometimes. david: walmart will match prices of amazon. they will take online folks. thank you, nicole. appreciate it. >> thanks. >> u.s. regulators want a

nationwide recall of takata airbags linked to five deaths but so far takata is not cooperating, refusing to expand the recall. david: joining us on the phone, ralph nader, consumer advocate. he actually helped create the national highway traffic and safe administration. he wrote a book. the unstoppable. the emerging left-right alliance to dismantle the corporate state. a lot of cases are being settled out of court where the public can't see some information being revealed as a result of these exploding airbags. you were involved in creating nhtsa. doesn't nhtsa, the national highway traffic safety administration, don't they have subpoena power? can't they get this information from takata anyway? >> yes they can and they have been delaying and delaying because nhtsa has been basically repressed by members of congress, auto lobby over the

years. >> wait a minute, let me press you on that ralph. >> yeah. david: you're saying president obama, has been a big friend of regulators in many instances is repressing nhtsa's authority? why, how? >> it has been going on a long time. it is a culture of passivity, rather than a law enforcement agency. they started getting wind of this several years ago about the takata airbag. takata got first indications in 2004. by 2008 they knew it was a big problem. delay, cover-up, secrecy. that is why the southern district of new york, the u.s. attorneys opened a criminal investigation in this. and why there is a hearing coming up tomorrow in the senate. cheryl: that senateng exactly. we should say it is wonderful to have you here, ralph. you were way ahead of this. wrote an op-ed in "usa today" november 1th. you said nhtsa needs to end its criminally negligent relationship with auto companies. only congressional action fueled

by outrage of aggrieved families can change the deadly status quo. you mentioned senate hearing tomorrow. will we finally see that happen in washington? >> there is good legislation proposed in the senate and house to strengthen nhtsa. to increase antiquated penalties. to have more investigators. so that these problems don't occur. it is terribly tragic irony, isn't it? a device designed to save lives, which has saved lives, airbags was defectively manufactured by the supplier at that caught at that and told -- takata and honda and toyota and other manufacturers. the manufacturers didn't impose quality control standards on at that caughtta. because a cylinder was made thinner and inflator and propellant were not as safe as they could be. that is a real strange thing, david. you have all the engineers from chrysler, general motors, honda, toyota, they sort of gave a free ride to takata. david: well that leads me to my next question, ralph, which is

very simply, should the auto manufacturers be in charge of this thing? should they, is this, all this going to lead to airbags not being sourced out to other companies? >> yes, it is. the real problem now is, if the department of transportation orders a recall, and go anywhere from 20 to 30 million cars, takata can't ramp up that kind of manufacturing. so the government has to get a consortium of private manufacturing suppliers to each take a portion of those 20 to 30 million. otherwise it will take forever to replace these cars when they're recalled back to the dealerships. >> ralph, you were lobbying against, this goes back decades now, for you. do you think that this is finally the moment, because these are airbags as david just mentioned to you, because these are airbags supposed to save our lives, taking our lives do you think this is finally the moment where something changes? >> yeah, it will be, more

regulatory enforcement and i think the pressure of the government on the auto companies who in turn put pressure on their suppliers, supported by new updated legislation in congress, will begin to turn this process around. let's face it, congress today, light trucks, vans, are far more safer than they were in 1966 but, you know, regulators fall asleep when the watchdogs in congress don't do their job. and i think now more and more families are organized. they're usually very potent force, families of vick tis. but we've got to be very, very focused on getting those cars back to the dealership and replaced with safe airbags. david: ralph nader, author of, unstoppable, the emerging left-right alliance to dismantle the corporate state. ralph, thank you very much. appreciate it. >> you're welcome, dade. thank you. david: the president will address on the nation on immigration tomorrow and is expected to announce he will take executive action on the

issue. next we'll debate the legality of his actions. what do you think about it? should he take action all by himself or is he breaking the law when he does that? send us a message on facebook or tweet us @fbnatb. your answers coming up. cheryl: the deep freeze across the nation continues with many areas under a few feet of snow. when is this going to end? we have a very fascinating forecast coming up. david: buffalo five feet of snow in buffalo this five feet! plus as ferguson awaits a grand jury decision on the death of michael brown, businesses, well they're close to panicking about potential violence that could be coming their way. is the government doing all it can to stop that? cheryl: bowing down to pressure from investors. one airline is cutting passenger leg room, and adding baggage fees. good times. we'll have details.

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how can in china,sumption impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of r mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. david: president appears to be ready to back on his word. >> notion i can suspend deportations through executive order, that is just not the

case. i know some people want me to bypass congress and change the laws on my own but that is not how, that is not how our sim works. david: flash forward. he is now set to take executive action on immigration. bring in our panel. alan knuckman, bull's-eye options chief options strategist. we have catherine ward, reason managing editor. catherine, does it matter that the president is about to do what he says he couldn't do? >> i don't think the hypocrisy angle is here, what is more important he is giving up working with congress. this has been obama's attitude we all can work together as long as we agree with me but after that all bets are off. so i don't think this is actually surprising. david: alan, i wonder if it has market implication? it reach ad point where investors are worried about the implications of a imperial

presidency no i don't think so, we have seen everything that can happen politically -- david: don't bet on that my friends. >> the path is upwards. least resistance is upward. we continue to make 43 new highs in the s&p here. look what we've thrown at marketplace? every crisis de jure has been overcome. i don't think there is crisis, i'm not an esquire at large, first to tell you there is precedent for this, 1986, 1989. that is how it happened before. maybe it will happen again. david: climbing walls of worry works up to a point. then it levels out. nomi, are you a little worried about the president doing kinds of things other presidents have failed to do, gotten in trouble for doing, whether nixon or bush? no you know, for the most part you know, as catherine said he doesn't, there has been a lost lack of negotiation and things haven't really moved that much in washington as a result on both sides. david: yeah. >> in this particular case there was bipartisan support from the

senate. there is fairly good, at least half support in the united states for the immigration -- david: wait, wait. you're, you're statistician. hold on, you're a statistician. you know how statistic are misused there. is support for something to be done. there is not support for the president to take executive action? >> right. but he is not inviting them in. he is not basically stamping application saying what is here. what he is doing or talk about doing as executive order to reduce the thwarting of ability the people to get amnesty. to the point of the market ultimately. there is positive here. more people, executive order aspect are here working, paying taxes that fills into -- david: you hit on it though, if they're here paying taxes f they're here legally. if they're not here to suck off the government. if they're here to work, pay taxes that's fine. who knows how many new immigrants will come in for other reasons. tomorrow fox business will have special coverage of the

president's announcement starting at 8:00 p.m. eastern time, our old friend neil cavuto will be carrying you through that. businesses in ferguson are bracing for the worst ahead after grand jury decision on the death of michael brown. nomi, should businesses in ferguson be worried? >> if there is violence in wake of whatever the opinion from the grand jury, i think businesses will actually be protected. there is conversations back and forth. but at the end of the day there will be protection because that's what we've seen through a lot of pros protests that happened. david: not necessarily. >> violent aspects they get sent in. david: david: catherine, let me play for you a sound bite i talk to represents a lot of businesses in ferguson, including the ferguson market where this story really began. he says that is not true. that they have been protected in the past. let's play the clip. >> the last go round the governor of missouri, the state of missouri failed horribly in protecting businesses around people here.

as i advised my clients, prepare for the absolute worst and pray and hope for something much better. david: catherine in the past some businesses had to close down as a result of these protests going riot. >> yeah. there are businesses closing and frankly i think at the very root of these protests is the sense that the police are not out to discharge some kind of impartial civic duty but they're kind of covering their own behinds. they will look out for their own first. i think it is reasonable what the businesses are doing, to say we'll batten doesn't hatches and rely on our own precautions. >> alan, the bottom line is, i know you probably weren't going to invest in ferguson to begin with, i bet nobody, even people who thought of investing in ferguson are not doing so right now, are they? >> well the st. louis area, you could bring it out geographically you want but very localized issue and localized problem. they will solve thing but in the long term, in the short term we'll have these spotty problems but will not have any impact on

the macro picture in the world. and statistically speaking if we come back to that, crime is down dramatically in the last 20 years. david: yes it is. absolutely it is. it can always creep up again, that is what worries people particularly when al sharpton gives advice on attorney generals, he made a decision. forget the grand jury. al sharpton says knows who is guilty in this. we'll bring up the panel. we'll talk about who benefits from all the cold weather. there are some beneficiaries. could millions of americans be on the verge of losing their health care? cheryl? >> dade, investing can be tricky. when fear and volatility are high we have got someone who says it is dangerous for investors to act like traders. he will tell us why and how you can protect your money. plus audi has a need for speed, unveiling a brand new design that is redefining luxury. coming up we'll show you the car and talk to the audi america

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cheryl: blistering cold weather sweeps across the country as a buy began tick winter storm -- gigantic winter storm dumps snow across many parts of the country. it is not over yet. rick reichmuth is tracking the storm. >> we hours before the snow moves through. that is not good news.

nothing is going on and then the wind move across the lakes which are not frozen yet and warmer than air above it. you end up with these bands like what you see right here that set up to the south of buffalo area. of buffalo getting six inches of snow. go eight to 10 miles south of it, 65 inches of snow. gives you an idea. more snow right there and that is what will begin to be our next system. we have a little bit of a break today. wind direction is not favorable for lake-effect snow. by the time we get into overnight and tomorrow, this is forward future radar we'll see another one of these bands set up right here, i think potentially we have couple more areas getting another two feet of snow. we could be seeing spots, cheryl. talking over seven feet by the time this is done in just a few days. this weekend temps warm up. we get two to three inches of rain potentially on top of that snow. that melts very quickly and we potentially have a big flooding problem on our hand by the time we get monday. cheryl: takes a lot to upset david asman.

he is having a fit. >> not me. the sun girl from the southwest of the country most upset by this. cheryl is really -- two feet on top of five feet, seven feet of snow. who loses most and who could possibly gain with this terrible weather? we are back with alan knuckman, nomi prins and catherine. i would assume this would hit retailers just as price of gas is coming down so they were hoping to get more business. >> retail is really hard anyway. retail is very much hit-and-miss. i'm looking at it from another angle. look what happened with alibaba in singles' day, they were too big to mail. so many sales it shut down their mailing infrastructure. so that is the play. look at ups and fedex. it doesn't matter where you buy it, the stuff has to be shipped. they will gain from this holiday season more so than anything regardless of the weather. david: well, nomi, i guess what you do, you go long on amazons and alibabas and go short on shopping mall reits, right? >> i don't think it is that

easy. david: go ahead, nomi. >> well, no, i mean the reit, the physical shopping locations are places people aren't going to want to go to in as much abundance if snowing and sleeting and very cold. i emphasize with all of that living in los angeles. i'm sorry about that for everybody. i do think online retailers, yeah, absolutely, fedex and ups will do better from this people will be home ordering, there are a lot of sales and additional incentives and people's precarious economic positions at home, helped people more so last year and same kind of weather patterns that will increase this year. i think actual shopping centers involved in the reits will deteriorate a little bit as will reits in general. they're toppy, having gone up 500% in the wake of the fed's policies last few years. david: i want to talk about what happened first quarter of this year. we had shrinkage of the economy by over 2%, partly as a result of that terrible winter we had. are we seeing repeat of it in

the last quarter this year because of the storms? >> certainly possible. i mean maybe i'm just lazy, but i haven't gone to a store in year to buy a christmas present. if i can't wear my slippers i'm absolutely not in for it. i assume the rest of the american public is just as lazy as i am. so i think i'm a good indicator on that front. but i think one place to look if you want to wonder about the politics of it a little bit, if christmas retail shifts to online almost exclusively or more heavily to online, legislators will want to get a piece of that taxwise. so i would see, i would look for some significant movement on taxing internet sales, both at state and federal level. david: we're in the middle of enrollment period for health care. i guess you all know that. an ap study showed last december, that 4.7 million americans lost their health care plans in 2013 following implementation of obamacare. question will it happen again? what about those cadillac plans? catherine, i want to talk to you about the cadillac plans.

supposedly when this thing were sold and we were lied to what it could provide and at what cost, the president said only, top, top rich will pay extra money for cadillac plans. turns out eventually 170 million americans will be hit by what was called then the cadillac tax. what do you think of that? >> i think 170 million americans wish they drove a cadillac. there is clearly a situation here where you know, admittedly the health insurance market before obamacare was far from transparent but what we've seen this last week with these sort of little tiny trickles of scandals, this was non-transparent by design. david: little? hold on a second? little tiny trickle of scandals? i would say these are very large scandals. 1/6, alan of the economy was affected by obamacare. 1/6. we're now being told and we have some evidence to back it all up

by jonathan gruber, who was the lead authority according to nancy pelosi, according to president obama, back in their own words when this thing was implemented, we're being told that we were lied to. i would call that more than a little trickle of a scandal, wouldn't you? alan. >> i'm a result, i'm a results guy. he is not in politics. so i will leave him out of this equation. he was consultant but also a consultability -- david: wait a minute. he was paid millions of dollars. >> he was a paid consultant. that is what consultants do. let me give to the point. health insurance premiums and costs -- david: hold on, you're missing the point. he was part of the political process. that is the problem with washington. i think that what this last election was about, nomi, the fact that there are so many unhe eked -- unelected people, in washington, lobbyists some who you like, some who you don't like, paid consultants, millions of dollars they're making decisions for us. they have become a the past political process even though they have never been elected. >> he made a stupid comment but he is not in politics. david: he create ad lying,

deceitful plan. moment my, go ahead. >> well, the plan, and numbers of the plan and whether he or anyone intended to lie or not the reality is premiums have gone up for most americans and even the one who is have gone into health insurance through the affordable care act, going to see what they get for the health insurance, whoever pays for it, decline. they have shifted from potentially having to reduce some premiums, raising other premiums and reducing what you get for the coverage. that is something that will actually impact not just 170 million americans, but even ones who are the beneficiaries to the most extent what the intent of obamacare was. that is a problem for everyone. insurance companies really gained out of this. david: all right. guys, we have to leave it. rock, sock 'em edition of the panel. we appreciate it. >> thank you. >> investors often attempted to trade on the news of the day.

beware when an investor acts like a trader it spells big trouble. we'll tell you why and how you can avoid making those mistakes. what has 605-horsepower around goes from 0 to 62 miles per hour in less than four seconds? david: austin. oh, a car. >> that would be audi's latest luxury prototype. we'll show it to you and talk to the president of audi america. that's coming up. amid pressure from investors, one airline, adding bag fees and cutting leg room. details coming up. good times. ♪ (vo) watching. waiting. for that moment, where right place meets right time. and when i find it- i go for it. (announcer) at scottrade, we share your passion for trading. that's why we give you the edge, with innovative charting and trading features, plus powerful mobile apps so you're always connected, wherever you are. because at scottrade, our passion is to power yours.

david: just had a rambunctious panel on executive action. we asked you if you think the president should take executive action on immigration. wayne wrote in saying should he supersede the constitution? no, very simply. i thought we had the full screen. we don't. but you can join the conversation. send us a message on facebook. more of your answers straight ahead. cheryl: it was me. i grabbed the full screen. david: i see. cheryl: in an effort to improve its financials and amid pressure from investors, jetblue is adding bag fees and cuttings passenger leg room. it is offering new fare classes that don't include free checked bags and additional 15 seats on

airbus 320. jetblue and southwest were once to allow one free checked bag. >> investors often panic that is not good. they act like traders forgetting long-term goals. cheryl: he is here to tell us why mixing investing and trading can be harmful to your portfolio. it is hard for the average investor not to want to be a trader. it is exciting sometimes. >> you know, food afternoon, cheryl, david. david: good to see you. >> it happens all the time. traders, investors, with all the news flow, wall the information we see now, everybody is looking at tape, they're looking at phone what is it going on with the stock. but the problem investors have here, they get too involved. we can't, as an investor what is your objective when you invest your money. cheryl: for me, long term. retire. >> right. >> i'm not a trader i never have been. i don't even own individual stocks. >> but most investors turn into traders because of all of flow

of information. as an investor, you're supposed to take your money and only take money you can afford. okay? in other words if you can put 50 bucks away a month in an account, have enough for mortgage, rent, car payment, put it away, forget you have it, invest in something, a good mutual fund a good stock, something pay as dividend. a company you know will be in business. we don't want to trade in netflix. not that there is anything wrong with netflix. 400 one day, 200 next day i don't know where it is going. i know at&t will grind its way higher at 5% dividend and 4% dividend it will be there and my money will compound. that is what investors have to do say i build the future over time. go ahead. david: i was going to ask, hasn't -- you and i talk many times about the fed and keeping interest rates at artificially low levels. that has killed a lot of long term investors. >> absolutely. >> who have gone in and figured with minimum amount, as long as you can keep your head above inflation you will make a little

money. >> right. >> but with interest rates below inflation, as low as inflation is, interest rates at zero, you can't get lower than zero. inflation is eating away at a lot of people's savings. >> i agree 100%. we're in a bad position. you and i agree. in this position with the fed we can't do anything about it. there is nowhere to go. david: you can't fight the fed. >> but they are pushing it away and you can't go anywhere else. if you're going to be investor we're chasing yields in the equity markets. hence why we're at record highs. when markets collapse, and go down, people get nervous. one the common flaw with investors will try to trade a stock. take a quick profit and made a dollar i'm great but losers will hold to 10-dollar loss. cheryl: you say they're over leveraged. >> that's correct. cheryl: that is the danger. >> that's why we see major moves in the markets what happens at the end, traders and investors alike, they puke at bottom and

chase them at the top. that is really what happens. when you look, look what happened three weeks ago, october 15th. david: what about jack bogle's suggestion, buy an etf, stay there and don't worry about it? >> if it's a regular, straight up etf which is like the spy which is compared right to the s&p, if you want to benchmark against s&p, which i don't care to, i benchmark against everything, that is not a bad strategy. stay away from leveraged products. when you're trader trade on authority time frame and investor -- david: good to see you in new york, todd horowitz. >> board of options. david: thank you, man. cheryl: good to see you. we'll tell you the number one thing that you got to watch that could really mean that the rally continues. tomorrow's trades today. david: audi looks to drive sales with the brand new supercharged design. jeff is live at the l.a. auto show. jeff, what have you got? >> the star of the show, david.

look at it right there. you heard past is prologue? no, the future may be something called prologue. this man will tell us all about it right after the break, scott of audi. stand by. >> hi, everybody, i'm gerri willis. coming up on the top of the show, senator dean heller previews what we can expect at tomorrow's hearing out of takata's faulty airbags. what the recall means for you. details on what makes and models are at risk and what you can do. that is one of the big stories coming up on "the willis report" in just a few minutes. thank you for being my hero and my dad. military families are uniquely thankful for many things, the legacy of usaa auto insurance could be one of them. if you're a current or former military member or their family, get an auto insurance quote and see why 92% of our members plan to stay for life.

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david: a lot of new cars are coming out. audi is unveiling the new concept luxury car at the l.a. auto show. it is certainly a showstopper. >> our own jeff flock is there with the audi of america president to tell us about the new 605-horsepower car. david: whoa. >> but first, yes, exactly. i have to show you this r-8. there are only 60 of these going to be made, 600 plus horsepower. an incredible vehicle and they also are showing a lot of new product for audi. this is the hydrogen car. we showed you the hydrogen car from toyota. audi has it as well. the star of the show, scott key yo, you or this? >> no debate there. that is the star of the show, not me. >> it has gotten so much attention. walk around as we look at it, scott, so much so the head of portia was here a moment ago --

porch. not only executive in the car business. >> it give you a snapshot into the future of audi design, a6, a7, a8. we will have feel for this. the design in the car. beauty played quatro, are four-wheel drive. we see presence we put on all wheel drive on each wheel. belt line is typically lower than when we do on audi. >> take me inside. >> magic of every car is, is climbing in. so of course push button, enter. then -- first in class technology. first thing you will see is you see audi's virtue cockpit. three dimensional. see the depth. >> first one i have ever seen. >> 100%. second thing you haven't seen what we said before, flexible led screen. this allows you to design around the down tours of the car.

you see the flexibility of the screen as opposed to having a flat presence. >> this could be flagship. vision of flagship of your brand? >> 100%. look, we'll get reaction. reaction so far is very positive. we see great opportunities. >> when we putnam members up on audi and other luxury plans you're killing them, you really are. >> we're doing okay. we're up 14% this year. the market is up five, 6%, so we're gaining market share. we're doing very well. >> before we get away how do you feel about this market? you got gas prices. that. >> aging fleet. people turning over cars. gas price is great. gdp is growing. money is still cheap. a lot of things come together, number one thing, great brand, great cars. >> scott keough. focusing on performance, fancy, cool cars. this used to be a green show. there is a little green. but most of the green in people's pockets for these things. david: you know what i also

noticed, jeff? 200 mile-per-hour speedometer. the last car i opened i think had 80 mile-per-hour top speed. >> yeah i know. windows start to rattle at 5, exactly. i don't think we have problem with this one -- 85. >> you drive slow, david. david: i actually drive fast but i don't drive fast cars. that is one i would like. jeff flock, thank you very much. scott keough, good to see you as well. we asked you if you think the president should take executive action on immigration? andrew said, no, it is a bad deal for america. time for number one thing to watch. we're bringing back alan knuckman. alan, what is it? >> number one thing i'm watching is dollar. last week we made new highs on dollar closed lower. that helped sectors that haven't participated in the rally. that is next catalyst to the upside. could eventually help out crude oil. a lot of these energy stocks have been beaten undo. when they start to stop going down that really helps the

market. >> alan, the name of the game is natural gas. more volatility on the contract. any predictions? >> natural gas is very weather driven as you talked about earlier. i'm by upper michigan and canada. i'm used to the snow. it happens. that's why we call it winter. market business is hard enough to analyze that, let alone trying to factor how the weather will impact as well. david: almost as hard, a little easier to figure out is oil. recently there doesn't seem to be a bottom. do you see bottoming out at any price? >> 75 on a weekly basis is an important support point. that was 2011 low, 2012 low. we keep vacillating around here. i'm starting to get encouragement. gold may new lows two weeks ago and closed higher on a daily basis and we also went up to actually hundred. you may see catch-up with crude oil stopped going down but i think more potential on the upside. where will it go? 70?

i don't see it going higher. all the easy money has been made. >> alan knuckman, thank you very much. david: by the way, gold is down 14 bucks right now. oil did trade below 75. the will i lis report is -- "the willis report" is next. we'll see you tomorrow.