tv After the Bell FOX Business January 8, 2015 4:00pm-5:01pm EST
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alcoa up 3% and we'll watch it tomorrow. david: the market crowd is screaming of joy here, because this is one of the biggest market rallies in quite sometime. the high was 330 on the dow. we've seen other highs in the indexes. but basically speaking, we are trading up, folks. when you get over 300 on the dow jones industrials you're doing quite well. almost a 2% gain in all of the indices. let's get it started. "after the bell" starts right now. figure on a day like today, we need a big panel, and we have it. neiman funds, dan neiman, holding some cash, looking for opportunities. he'll tell us what and when he is buying. rdm financials ron wiener who loves apple has the best way to get low risk exposure to global
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growth. nicole petallides at the nyse, joecuseec and scott shellady. i wonder on a day like today when people are buying just about everything, do traders care if the companies are making money or selling products? this seems to be all based on the fed. >> yeah, i think what traders care about is volatility, and we're loving it. this has been incredible. we're not looking at the numbers, per se, we are going to start to going into february, we have earnings coming up. but the volatility has benefitted us, and you see we've retraced five down days and it's been spectacular. one caveat here, not a lot of volume. we're not seeing the type of volume we would like to see as far as new buyers and new money coming in. that is one of the caveats. cheryl: stay on the point of volatility, scott shellady, the volatility did fall, you have a
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strong case to be made there's a lot of confidence today in the market. >> after the last five days, i don't know if you can say there's a lot of confidence in the market. maybe weak shorts going into tomorrow's number, and i'll tell you by the options activity in euro dollars and the treasury, there's a lot of guys look for a big number. a lot of chutzpah in the figure we see euro dollars and treasuries sell off tomorrow. smart money that got in today is looking for a big number that would be good for the economy, which means stocks rise and bad for bonds, which they fall. david: nicole, is that the thing? is tomorrow solely about the jobs number? >> we're definitely going to have a big focus. a couple of days you saw them buy everything, all ten sectors with up arrows. you have the 240 jobs to be added and estimates of 250, and guessing of 270. so people seem optimistic on the heels of the adp number and
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weekly jobless claims weaker than expected. we'll see that move in treasuries, if, in fact, it is better than expected, where everybody believes in the economy and you see the big move in treasuries. cheryl: ron, you say that the u.s. is the place to be. but we had an analyst on last week that told us he is seeing real opportunity as far as buying on the cheap in western europe, in japan. what about the global story? >> flash back 12 months, that's exactly what they said. i was on panels where people say europe, look at the metrics, emerging markets, and all i said was, you know what? it's safer to be in the u.s. i just think that yeah, that's probably right. someday they will be right, it will go up. i'm not sure the european balance sheets are all in the banks. what i do know is you can play the emerging markets, play europe by buying apple, by buying a whole host of multinational companies.
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procter & gamble, doesn't matter, you can play the emerging markets, play europe and stay here in the united states and be safer, may not be more profitable but less down side. like that better. david: dan, any undervalued stocks with a day like today? >> we look at today in the rally and i think volatility is the key word, we're going to continue to see volatility. we're going to see certain sectors like oil, tech, consumer discretionary stocks play a facer. david: let me push you, you didn't answer the question directly. [ laughter ] >> is the oil sector, for example, are there undervalued stocks that are going to come down so much? time to get in? >> the one i was looking at valero, over 5%, it's a good value. i think chevron and exxon are good values at well at different prices, other areas are in tech, qualcomm, western digital will surprise with earnings at the end of the
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month here. cheryl: dan, back to you on earnings, we are kick off next week, and it seems that we've gotten a few of the retail names coming in, are you feeling good about the earnings situation for next week? >> the amount of cuts, a lot of the corporate america has done in the past three, four years is going to come through, i think holiday season was a good season, especially with the price at the pump being lower, we're able to spend more, and earnings will be positive. david: scott shellady, it's the same question i asked to joe, i'm wondering if traders look at fundamentals when buying on a day like today. seems that fundamentals are a side issue. the question is, is the fed going to keep pumping? the answer is yes. are all the other markets bad? the answer is yes, it doesn't matter what the fundamentals are individual companies are. is that what's in the mind of traders? >> exactly right, david. we don't talk about the volatility as much as we talk about momentum. momentum is what we think about
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on a day-to-day basis. volatility is get in the way of that. it's all about the momentum and where the cash is going. and this year is going to be exactly that on a daily basis. we're going to have a fed that maybe can't raise, if we have bad numbers or a fed that can't company it's going to be a nice year with volatility replaced by the momentum trade. that's why after three years, the s&p being up double digits, it's going to be difficult to see that happens. what's happening around the rest of the world. ecb and asia are going to suffer and that's going weigh on the u.n. i say no hike all year and talk about stimulus by the end of the year, the last quarter. cheryl: ron, did you want to respond to that? >> i need to get one of those jackets. [ laughter ] >> there's only one of those jackets, ron. we all tried to get that. >> here's the point for me, i'd take the opposite end of the investment trade. that is stocks go up 3% in a day, companies don't.
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home depot, and i swear i picked home depot and apple and a few others before the morning trade started with the producer, that these companies go up 3%, down 3%, maybe on momentum. at the end of the day it's the earnings, what they make. that's where it's going to end up. i love it, but it's noise. cheryl: nicole? >> the fundamentals are definitely improving, seen that since the great recession. where can people park their money? not making money in bonds. the yield is 2.01%. if they want to make money and take a chance, they're willing to go into the u.s. markets, safer than trying invest abroad and the like. you got to know what your risk appetite is too. cheryl: joe, triple qs, you are watching technicals on that? >> really watch the s&p's, about 61.
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sorry, i'm looking at around 2061 what we're going to watch. if we see the level go, you're going to see another challenge for 2100. i think it's above 2080, you're going to see a lot of buyers on the s&p. david: dan, back to january 2014 when we had a cold spell that hit the economy real hard. we lost about 2.5% of gdp. is there a danger as we look at the cold outside we might go through that again? >> i think can it is possible, dave. look at the fundamentals and go back to u.s. stocks and dividend stocks and how they outperformed pretty much any other area, especially in down times and volatile times. we're focusing on that and that's where i'm starting to put my money in the 2015. cheryl: nicole. not to harp on earnings, but you and i saw the retail closely, we shop and watch the stocks, but it looks like a lot of the names have pretty good holiday shopping seasons.
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are there particular retail names on the radar for next week and the week after for earnings? >> no doubt, continue to watch the big movers, j.c. penney with better comps and a couple of big days. today not so much. aeropostale jumping 20%, great in the holiday and less discounting, and really get through that? and with low gasoline prices, saw a resilient consumer. it will be interesting to watch the names, we're watching for bed bath & beyond as well. the retailers wowed wall street. the first name to hit a high on the dow is a retail name, walmart. we'll see what they bring. in seems they have had a great holiday season. david: scott, a lot of folks happy with the price of gasoline going down, and the price of commodities stabilized. i'm wondering about the farmers, though. what's happening with regard to commodities? what are the forecasts? good at forecasting, livelihood
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depends on it. what are they forecasting for 2015? >> take a look at caterpillar and john deere, the farmer has seen income cut in half. the price of corn was 7 bucks two years ago, about 4 bucks today. they're not doing as well as a few years ago. they were the last bright hope. this show could have been done a year ago today. as i sit here and listen, last year we had all the economists say they thought the 10-year yield would be at 3.5. today it's at 2. i say. this the economy is not doing as well, oil is telling me that because we keep talking about the symptoms. saudis, strong dollar, oversupply. guess what. it's not about what, it's about the economy, the economy is not doing and that's the problem. david: he's the most bullish person, ron, if the economy was doing so well as the market indicates it is doing, then why is the fed so reluctant to raise rates? the fed, i think everybody
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grease the fed distorted rates. the rates should not be at zeros, shouldn't have been at zero for a long time, and yet they're at emergency level for a reason, because the fed sees problems with the economy. you don't? >> i think the u.s. economy is going to grow. i think it's going to grow, it's going to be stable. i don't think it's a boom economy, but you got to -- david: hold on a second, then the fed should not be having emergency levels of interest rates, right? this is a level, this zero interest rate is historically significant, and it is creating bubbles all around the world, because it's not just the fed doing it, all central banks. if the economy is okay, could be doing better, should we be having the emergency interest levels? >> we're assuming that janet yellen is getting it right. we assume that alan greenspan got it right. he got it wrong. there's a lot of things i don't know how the fed's going to react. here's what i do know. what do i know is the world economy is adding 40 million
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new consumers. families, new middle-class families over the next 20, 30 years, that means apple is going to sell more phones. that's what it means to me. if interest rates stay down, it's probably a bonus, if they go up. it's only because the economy is doing better. cheryl: dan, i want to give you last word, dan neiman. you are bullish on the consumer, you think that the consumer is going to have a good start to 2015. >> i do, i think corporate america is continuing to do well. if the consumer has more money to spend, mayor going to spend it. the people buying the apple iphones like ron is talking about. corporate america is doing well, i wouldn't put money in the treasuries, put money in corporate america, dividend paying stocks and get a return there. i like apple too because it pays a nice dividend. david: terrific discussion, thank you very much. dan neiman, ron wiener, nicole petallides, joe cusack, and
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scott shellady. dangerously cold temperatures as arctic air blasts the country. cheryl: rick reichmuth on how long the freezing temperatures last, rick? >> we have a little bit to goechl it's january, we have a long way to go. the cold blast, overnight lows, 9 degrees in memphis, 7 in tulsa. 17 in mobile. that is cold to get that cold, and we have not recovered all that much. in the 30s across texas and oklahoma. 28 in memphis, 30s toward the panhandle of florida. it's cold. and then another batch of cold air coming in behind this little clipper system. not a lot of moisture with this, but we'll get some snow across the big city, chicago, couple inches of snow, and around the great lakes, we're going to see more snow over the next couple of days as well. that's the wind moving through with. it take a look what's going to happen windchill wise, this pink color, the darker the pink, the colder the air, you
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see what happens, it dives down again overnight tonight, and talking about temperatures in the morning, feel like the minus 30s across the northern plains. minus teens in places like kansas city. another very, very cold one. but it's going to change a little bit. friday, still cold, saturday, warming a little bit, but cool back down across much of the middle part of the mid-atlantic in the northeast, and sunday a bit of a break, remain cold across the northern plains, not going to change, but i think we'll see temps get closer to where we should be for much of the coming work week and doesn't look like we are dealing with the big impulses of cold air, we can look forward to that. david: something to look forward to. rick reichmuth, thank you very much. cheryl: see you next week. while freezing cold temperatures are gripping the nation, jeff flock outside in one of the coldest parts of the country, new buffalo, michigan, he is my hero and joins us now,
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jeff? >> reporter: you know, it's not a lot snow, maybe can you see it in the air right now. may only amount to a couple of inches. i'm on a break water in new buffalo, michigan on the shores of lake michigan, you see it blowing around with the intense wind we're getting right now. it's not letting up and it's not going to. it's been a brutal week in chicago where i live, we're going to be in four different states in four different days over the course of this past week. if you look at chicago, it's been a brutal week. should be for a low about 18 degrees. it has been a lot worse than that. and the snow we're getting right now. we've had snow here along the shores of lake michigan, lake-effect snow, when the big cold air mass comes in over the lake, the lake that's not frozen, you get condensation up into the clouds, comes down as snow. the snow right now is the other direction, it's the big mass of snow that's part of the system
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coming in. we're getting it from both directions, and i tell you, it's nasty right now. going to green bay tomorrow, folks -- >> there goes the shot. david: freezing up all over. cheryl: he's going to green bay, wisconsin, we're start a pool to get him a ticket to the game. david: at least get on see the game. one strategist known for spotting hidden trouble in the markets. the dollar on a hurricane path to destruction. everybody says it's going to keep going up. this guy says it's going down. what does that mean for your investments? >> plus airline stocks skyrocketed last year jumping more than 52%. as oil prices drop and ticket prices remain high. will the rally continue or back down to earth? david: as we go to a break, take a look at temperatures once again for this weekend's football players, the temperatures that they are going to have to endure in the playoffs. look at this. so ally bank really has no hidden fees on savings accounts?
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. david: the markets clearly shrugging off concerns about terrorism and a global slowdown, focusing on fed hints they're not raising rates until 2016. is this a market rally can you really believe in? let's bring in our panel, anthony rendas oh, and gary, and fox business contributor and our own cheryl casone. are you surprised at the power of this comeback? cheryl: i was, that's the reason i brought up the issue of volatility. volatility fell, we didn't have a lot of volume, i think this does signify we are off to a strong start in 2015. if oil doesn't continue to fall, i think that's the one caveat we have to watch as the oil contracts, this does signify and history tells us it will give us a strong 2015. david: okay, we've had the
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hints from the fed, today charles evans chiming in saying it's not until 2016. gary, i get the fact that the market loves low interest rates. i understand that. i'm wondering what fundamentals there are to back up this kind of market rally? >> look, you could go back five years to every time the fed did a qe, the market stopped going down and rallied. every time they stopped the qe, the market would get hit again. what we've seen recently, stopped printing and have four trillion out there. 0% interest rates, euro is doing a trillion, japan doing a trillion, china lowering rates. imagine this, this guy evans says i'm going to quote him, it would be a catastrophe if we raised rates now. imagine going up a quarter percent while we have a 5% gdp is a catastrophe. the reason why the market shot up today is mainly because of
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future shot up last night as soon as he said that. and we could be off to the races again. david: anthony, incredible that the fed continues to claim they're not moved by markets. that is the fed's singly focused on the fed, the fed is singly focused what the market is going to do. >> they have been for the past five years, the answer the question to gary. there aren't fundamentals in driving equities, fundamentals are not what has been pushing up what i think is a pretty big bubble in equities. so the more the fed is going to be offering their nice subsidies and the more that the ecb is going to be kicking goodies out, there absolutely. why would the markets not respond? david: there's another response by the way to all of this which is the dollar, stronger it has been since 1999. the last century. the question is whether that's a good or bad thing, gary, what
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do you think? >> good if you visit europe and japan. look, right now, we're basically the best of the worst, in that it is really bad shape in europe and japan, and they are on purpose trying to crash currencies, they're doing on purpose. now if it gets out of hand, i think it will affect markets. if it starts to moderate here a little bit. i think we're going to be okay. realize, part of the central bank issue is what you're seeing. we're seeing outlier events in currencies, commodities, markets. you're seeing 125 biotech companies come public in the last couple of years with zero sales, and doubling and tripling. that is a bubble. david: larry mcdonald, on the show quite a bit, former vp at lehman brothers, he said that the dollar is going to come down, he's going against the trend. because he said the fed wants it to come down, they would
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inflation. i don't want inflation, i don't want to see my savings chipped away at by inflation. what gave the fed the right to call for inflation? i thought the middle class was hurting bad enough as it is. >> the fed thinks the dual mandate gives them the right to promote inflation. the issue is there are plusses and minuses to strong dollar. plusses and minuses to weak dollar. i'm in favor of letting the currency do what it needs to do and not have the fed pick winners and losers. there is going to be investment that is going to be predicated on the future of where the dollar is going to go. and i don't want the fed saying -- david: a planned economy is happening from the white house. >> great point. david: they're all trying to plan the economy. i thought we got rid of that in 1990 when we finally got rid of the soviet union. coming up, we're going to tell you about the president's new plan that could help homebuyers, but could government intervention again
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backfire? cheryl: plus in just the last few minutes, the house passing a bill to change the definition of a full-time job under obamacare. what would it mean for the full-time workforce? and for medical care? we will go live to d.c. >> also the latest on hunt for terrorists. french police going house-to-house searching for the two suspected killers. heading back to paris for the latest there.
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david: or are we? that's the question. the president talking today about a new government housing plan that would cut costs for buyers and urging them to be more responsible. we're back with our panel. gary, it all sounds a little familiar to me. >> my goodness. look, they're talking about lowering mortgage insurance premiums. by itself it's not a big deal because they went up over the last few years. but guess what? my president's talking about responsible? they're now lowering the standards on getting mortgages. they finally got it right a few years ago when you had the housing problem, they raised how much you had to put down to get a house, they're now lowering that to where you can put down 3% to get a house. the bubble will burst again, the fed's doing whatever they're doing, and people are going to drop the keys on the doorstep again, and we're going to have another big drop in housing prices. just an absolute mistake by this government, i wish they'd yet the heck out of the way -- get
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the heck out of the way. cheryl: i love you, gary, but i disagree completely. >> that's okay. cheryl: the banks are still in a very tight lending environment, and the bank structure of these loans, the credit scores are still high, you know, you could get -- you can have no credit score and get a house seven years ago. that's changed. and i think that the 3% down, i think the banks are going to be a lot more responsible. david: what bothers me most about this, i think cheryl is right, there's no question it's harder to get a loan now. even ben bernanke couldn't refinance his house, for goodness sakes. but instead of gettin some of the restrictions of dodd-frank and other financial regs, they're just adding this new layer onto it. it is more government to solve a problem raised by big government. >> the irony here is that we've had several years now of just these massive government subsidies for housing, both qe and what dodd-frank did, but the president thinks we need more of these? if they weren't working before,
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why are we doing more of them? the banks aren't really holding on to these 95 and 97% ltv loans. fannie and freddie are not buying them. it's now the gses again, and that's problematic. that's not responsible borrowing for any borrower whatsoever. david: well, the market seems to have ignored the terrorist problems overseas even though they may be coming here, but big question of whether there will be an economic consequence to all this. anthony, already we are hearing from parisian retailers saying it will be hurting them. i'm wondering if the market is not discounting that enough. >> there's obviously -- david: or too much, forgive me. go ahead. >> there's going to be some effect for the retailers in paris although, actually, this is the best time to go there, it's probably really cheap to get tickets traveling to paris. any economy whether it's the french or any economy that's going to be fundamentally challenged by a terrorist attack like this has some deeper
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issues, and i won't beened. david: -- be concerned. david: gary, are you concerned? >> not really. these are events, and as long as they don't repeat themselves, it's going to be a short-term blip. paris, one of the great cities on earth, people love spending a lot of money, i think they'll be back to doing that real soon. again, as long as there's not a repeat of what we just saw, god forbid. david: cheryl? final word. >> i think cities like paris and london have a bigger problem as far as these home grown terrorists, these isis fighters that have dual citizenship, i think we're going to see more attacks, i'm concerned. david: terrific stuff, folks. good to see you, guys. thank you very much. cheryl? cheryl: we just talked about the economic impact of terrorism around the globe. let's get the latest on the situation in paris with greg talcott. he is there live. >> reporter: hi, cheryl, david. yes, indeed, the hunt for the
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suspects involved in yesterday's brutal killing which took place just about two blocks from where we're standing right now is definitely heating up. latest word that we're getting is that police are focusing on an area about 40 miles northeast of paris. they've been circulating pictures of the two main suspects believed to be responsible for the death of 12 individuals as well as critically injuring another 11, and somebody at a gas station spotted somebody that looked like the two of them. these two also reportedly had robbed the gas station, fled from their car and that has sent police, both armored vehicles, police cars, helicopters on a massive hunt in the villages in that area, door-to-door searches as well as sweeps through a very large forest in that area. a lot of people are thinking this could be it, hoping at least. the other suspect involved in this, an 18-year-old believed to be the driver of the getaway
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car, actually turned himself in overnight, and he says he wasn't involved in that at all, but, in fact, it's possibly he could have played a major role. the city is on edge, guys. a lot of police, a lot of soldiers out trying to defend against any other attack. and there was a policewoman who was shot and killed this morning just on the outskirts of paris. we don't think there was any linkage to the main attack. finally, today is a national day of mourning, a moment of silence, note redame, other -- notre dame, other landmarks the scene of contemplation and emotion. and we're just standing behind the head of one of the memorials here for those killed, and we've been seeing it filled as we've been here just in two days and talking to people. and there is a lot of emotion and a lot of feeling for what happened. and a defiance that paris, the
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people here, that the world should not let -- cheryl: right. >> reporter: -- this kind of thing put an end to freedom of expression. back to you. cheryl: just an awful story. thank you, greg. david: the airline industry had a stellar 2014, gaining almost 52% as an industry. will fuel prices help push the airlines' profits even higher, or with cheap gas will folks just choose to drive instead of flying? cheryl: liz claman's probably flying right now, but she managed to catch up with a pretty amazing 3-d printing company before she packed her bags. the question seems to be what can't they print in 3-d these days? ♪ ♪ how can power consumption in china,
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♪ ♪ david: airlines were one of the best performing sectors last year, rising about 52 president. cheryl: even with sharply lower fuel prices having a positive impact on earnings in 2015, is it enough to help airlines push higher, or have the stocks already run their course? we asked analyst savi smith. here's the question -- ma'am, excuse me. do you think that the air airlines are going to start to pass on savings to the the consumer with regards to jet fuel prices falling, or do you think those profits are going to remain in place? >> it's really a function of demand, and so far it seems like demand is remaining healthy, so we think they do capture the
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fuel price declines. i think a roth of it -- a lot of it will come through the bottom line. david: i know jet fuel's low, that's helped the bottom lines for airlines, but with gas prices still low and airline prices still high, i'm wondering if they're going to lose market share to people just going out and deciding to drive instead of flying? >> on the shorter hauls, i think that might happen. but you just, you still have a big convenience factor here on the longer haul markets, and the business passenger's really not going to drive instead of fly, especially on the longer routes. so i think you might still get some substitution, but not to a great degree. cheryl: with regards to the airlines, i know you look at their hedging strategies. who's in the best position with regarded to fuel hedging? >> i feel like allegiant and american or alaska who uses call options will benefit completely from the decline in fuels. but most airlines will benefit from the declines as well, just not as fully as those three
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carriers. david: i know southwest had this spectacular rise in 2014, they were up over 100%. who are you picking to outperform in 2015? >> we have a few top picks. allegiant and united as well as delta and spirit are going to do really well this year for very different reasons -- david: well, what are some of those, what are some of those reasons? >> sure. for allegiant, you know, they fly these gas-guzzling aircraft, and they fly from very small and medium-sized cities taking the leisure passengers to destinations directly, and i think both from having more money in the leisure passenger's pocket as well as benefiting from low fuel prices, their earnings are going to see a good boost. united, you know, they've been executing on cost and the revenue initiatives and we think beyond that they also benefit from fuel because of their earnings leverage to fuel, and spirit and delta as well, we think they'll drive a lot of good earnings here and be able
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to -- in delta's case, continue to delever their balance sheet and lore business, pence. cheryl: you've got four airlines that control 85% of u.s. air traffic. do you think that if these prices don't go down, that the government's going to get involved to pressure the airlines to drop ticket prices? >> i think there's going to be noise. you've already heard it, and, again, the idea for the industry is to drive the message that air line prices just have not historically kept up with fuel prices. so, you know, we're talking about margins that are not crazy, especially compared to other industries. we're talking about low single digit margins, so i think as long as they pass along the message and informs in the business -- invest in the business and show passengers they have a better product, i think they can try to avoid some of that negative commentary. david: savi, thank you so much, that was interesting stuff, and i pray the government doesn't do what you suggested. manager's going to mess up, it
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always -- in fact, they had the civil aeronautics board, they used to have an agency directed towards that so it's regulating prices. thankfully, it was the only bureaucracy we ever got rid of, and we've lived fine without it. cheryl: they just want to get involved in everything. thank you so much. it is time to think big when it comes to 3-d printing. we show you amazing creations you can build when you think big. david: plus, house republicans just passing legislation that will redefine the meaning of a full-time job in an effort to help businesses save on costs from obamacare. the changes that results in more hiring. we'll give you all the details coming up. ♪ ♪ so ally bank really has no hidden fees on savings accounts? that's right. it's just that i'm worried about you know "hidden things..." ok, why's that? no hidden fees, from the bank where no branches equals great rates.
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here is this. on a regular -- i can hold this scale. but the company called 3dp unlimited is going grand scale. check this out. they are on a very, very large scale creating all kinds of products. let's go over to john good, he's the man who's going to show us exactly how it's done. hi, john. >> hi, liz. liz: what's happening here? >> you're looking at a large scale printer that can print about 75 times larger than you've seen in the traditional desktop arena. this allows people to go ahead and have access to innovation whether you're doing prototyping, graphic design or things that are very personalized. thatas an example, we'll talk at you had your little figurine a minute ago. imagine instead of a fi a figurl size. liz: well, what is the material that is being used for something like that and for something like this on a grand scale? >> a variety of plastics, and
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thanks for bringing that up. traditionally, plastics are hard. examples of that. but there are now new formulations of polymer like this, it's called ninja glass. we're talking highly flexible, highly adaptable. actually used by some of the very large tennis shoe manufacturers for prototyping their shoes. liz: that is fascinating. show some of the other things you do here at 3dp unlimited. all of these, again, large scale pieces. tell us about some of these things. >> here are some to have classic space where people are doing engineering prototyping to go ahead and develop a design. and they want to go ahead and visualize it to scale. it's only analogy, but something that looks right in a doll house may not look right in your living room. liz: let's look at something that would not go in a doll house. talk about the statistics of this. >> that particular print is roughly two foot by two and a half foot.
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it took approximately 15 hours, weighs about 20 pounds. that was printed on this printer. liz: come on over here. this is the tour de force of 3dp unlimited, the fox business logo. how long does something like this take in. >> it depends upon how much plastic you use inside it. it could be anywhere from about ten hours to fifteen hours. liz: i love this. this should go right in the big office in the newsroom, what do you think? >> i think we should go bigger. liz: how much would this cost if people were ordering in bulk, for example? >> the materials alone would be something less than $10, okay? but then there's the value of somebody going ahead and printing it, and manager like that might be -- something like that might be 50-$250 item. liz: what has been the difference between last year's order ands this year's orders? >> the biggest difference is that people who have started with small machines think of it as a point and shoot camera want
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to grow up more functionality. liz: how much does a machine cost? i really should ask that before people start getting grand ideas. >> this machine would be less than $20,000. liz: i'm thinking then it's more on an industrial level. >> yes. it would be an example of something that would be used by factories, but it's also used in graphic design, set design, wear ables. anything to personalize or mass customize something to a consumer. liz: john good of 3dp, amazing stuff that you're doing. right here. courtesy of 3dp. cheryl: great stuff. great interview from liz claman. david: hope she brings that home. guess whose birthday is it is? ♪ ♪ david: the founding king of rock and roll, elvis presley, would have been 80 years old today. cheryl: wow. david: probably a lot of nips and tucks and all that stuff. estimated he sold more than, how many records worldwide? about one billion records
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worldwide. more than anyone in the history of the record industry. he also starred, by the way, in 31 movies as an actor, and at the time one of the highest paid actors in hollywood. just raking in a lot of money. that's how to he bought graceland. of course, that was his home for 20 years. it's now one of the most visited homes in america, attracting over 600,000 visitors annually, including cheryl casone's father. cheryl: yeah. david: his famous black hair? it was dyed. it was actually brown, it wasn't black. cheryl: i have to say, i recommend the tour of graceland. it's fascinating. it really is. david: now, you don't remember, 1977 is when he remembered at the age of 42. i do remember. cheryl: house republicans passing a bill moments ago. what will it mean to millions of americans as well as small businesses? details coming up next. in. >> hi, even, i'm gerri willis. coming up on my show at the top of the hour, the sneaky changes from turbotax leaving customers
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♪ ♪ david: breaking news in just the last half hour, house republicans passing a bill that sort of redefines a full-time employee. cheryl: rich edson joins us now with more. >> reporter: this is one of the changes to obamacare. republicans say they can deliver to president obama, they took a step towards that earlier this hour, passing a bill to raise the
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obamacare full-time work threshold to 40 hours a week. under the current law, larger businesses must provide health care to full-time workers, those working 30 hours a week, or pay a fine if that employee uses government subsidies to buy insurance. this bill changes that to 40 hours a week. it passed with every house republican and a dozen democrats supporting it. lawmakers remain divided on its effects. >> this rule is costing people jobs. this rule is knocking people out of full-time work. >> their legislation will lead to many times more workers becoming part time, losing millions of hours of work. a. >> a senate leadership aide says it will take longer for a vote in the full senate. if the house and senate pass the same bill, it goes to the president where the white house says he'll veto it. back to you. david: rich edson, thank
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you very much. by the way, looking ahead to tomorrow, the december jobs number. they're expecting 240,000 jobs. we'll see if they hit their mark. cheryl: that is it for us. it's 5 degrees outside. "the willis report" coming up. gerri: hello, everyone, i'm gerri willis, and this is the willis report, the show where consumers are our business. ♪ gerri: everyone hates to file taxes. turbotax made it easy. not anymore. we'll show you the sneaky price hikes. the dow now positive for the year, what's the best way to take advantage of all this? we've got ideas. the latest on the paris attack, a massive manhunt. several people -- [inaudible] and new information on the two brothers accused in the massacre. >> i think what we see in paris is a quantum change in the terrorist threat. this was a military attack in a capital city of a major st
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