charles: right. the good news is that a lot of the things biden wants to do, you need 60 senate seats and i don't think that's going to happen. >> well, unless they do away with the filibuster. charles: got to leave it there, my friend. yeah. hey, got to leave it there. the markets holding up pretty good. even if tech stocks continue to stumble i think that's a good sign. maybe broaden out this rally. liz: well, yeah. we want a broader rally. we don't want individual sectors. heck, we will take whatever we can get. we. we do not control this. but we certainly help people understand all that's happening in realtime. exactly. thanks, charles. we've got breaking news right now. the 2020 presidential candidates are acting right at this moment like pennsylvania is the magnet and they are the steel. both making their final arguments in the battleground state at this hour. president trump appearing at the second of five rallies in four

states. he's at the scranton international airport just outside the hometown of his opponent, joe biden. former vice president biden, step for step in pennsylvania at this hour. he just wrapped up an event in monaca, and will be heading to pittsburgh for two events later. both candidates hoping last-minute stops in the keystone state will be the key to victory tomorrow. let's curate crucial charts and numbers for you. the gravitational pull for stocks going both north and south, although with the nasdaq we look like we are going to go back up north for the moment after suffering its worst week since march, you can see the dow jones industrials back on track for the bulls, up 423 points. of course, on this first day of november trade, you have the nasdaq whip-sawing up and down. right now's t it's down three points. low of the session, a loss of 80. a high of 159. trying to figure out the direction for that index. the vix or wall street fear

gauge complacent at this hour. it actually, as we look at it, is up 33% since october 5th. that is the 30 days leading up to election day. only the 30 days before the 2016 election were higher. so you look at that kind of jump and you realize there's as much tension right there in the markets here over the past 30 days. we've got our bipartisan economic panel ready to go. grover norquist, americans for tax reform president, faces off against austan gals boolsbee, f chairman of the council of economic advisers under president obama. they are about to make the final case to undecided voters who may want to vote with their wallet. i know that's a lot of you guys out there. stay tuned. what about the pandemic? will spiking cases tilt this election? dan bergman runs henry shine, the medical products company that distributes vaccines. how his company is preparing the nation for the upcoming

twindemic. flu season in the middle of the covid crisis. he's here in a fox business exclusive. check the dow, up 410. to the election epicenter of the moment, pennsylvania. no wonder both president trump and former vice president biden are campaigning there with just one day to go. they are battling for 20 crucial electoral college votes. real clear politics average based on polls over the past six days show that former vice president biden holds a slim 2.9% lead over president trump who is stressing a narrative that he will be better for fracking and coal which of course are important to that state. now, here at "the claman countdown" we are looking at facts and numbers. we wanted to show you this number. since the 2016 election, when donald trump shocked the world by turning pennsylvania red to win the presidency, the s&p energy index which is jam-packed with energy names, is actually down 59%. will joe biden be able to flip

it back to blue by convincing voters that perhaps president trump has not been as helpful to fossil fuel companies as some perceive? that is the question we pose to connell mcshane, who has been out talking to voters in wilkes-barre. connell? connell: that's a really good stat. i don't think people would have guessed that off the top of their head. not only are we talking to voters but we spent a lot of time in the mountains around williamsport, pennsylvania, rural part of the state, talking to energy company executives. i'm guessing they would argue that their business doesn't always correlate with the stock price, maybe following the price of oil and other commodities as much as it does with job growth. you sometimes can have one without the other and we were talking to them, they say they really brought a boom to that area over the last ten years or so and added so many jobs that if policy were to change, they do say that they fear for what the future might hold economically for the local economy and the knock-off or knock-down effect those type of things have on local economies,

states like pennsylvania and texas and others. but you're right. it could all come down to here, the 20 electoral votes. today we are in luzerne county, in wilkes-barre, pennsylvania. president trump only won the state by 44,000 last time around so that's how important it was. in speaking to voters over the last number of days in the state more broadly, you do get a sense of how divided pennsylvania is. take a listen. >> -- after he had it and was treated top-notch, there are so many families that have had not near those advantages and have lost family members. >> i can't imagine one thing biden could do that would be that much different than what donald trump did. >> we all got tests and i know they say that's not going to happen. >> the misery index is rising

dramatically. it's scary times. connell: so as you heard, the two issues, this is true in a lot of swing states we have been to but especially true here in pennsylvania, that come up, the economy and handling of the coronavirus pandemic. now, just anecdotally, i got a sandwich earlier down the street here and the woman i was speaking to about the election, first thing she said to me was i just cannot wait for this election to be over. and it will be, we think, by tomorrow, but the problem here in pennsylvania is you have two million plus people who have voted by mail early. the president's counting on a huge in-person turnout tomorrow to make up for any deficit on the mail-in side, but they will take a number of days if it's very close to count those mail-in ballots so we might not know the pennsylvania results until maybe friday. back to you. liz: unless they rip it, right, they start counting those ballots very very quickly. we shall see.

connell: you can't -- until the polls close. it's a little different than other states. it's a year like no other. liz: connell, thank you very much. connell mcshane. all right. while tomorrow may not reveal the final winner of the presidential race, the country faces a huge question mark as to which direction the markets and your money will go after election day. as investors attempt to hedge and pick stocks for multiple scenarios, jpmorgan put together a trump basket and a biden basket of stocks over just the last two months. the biden basket has gained 4.5% while the trump basket has dropped 16%. all right. i know your next question, what does each one include? jpmorgan's biden basket has a lot of alternative energy infrastructure, some cannabis stocks, while the jpmorgan team put banks, fossil fuels, big tech, defense, pharma, biotech in the trump basket. david kelley is jpmorgan's chief

global strategist. in 2016, all right, david, the election wreaked havoc on the markets over the course of 24 hours. let me start with a general picture. what are you guys bracing for this time around? >> well, i think it's bracing for volatility. it's very hard to call this exactly but you have got all the polling but it's such an unusual election with all these mail-in ballots that i think it gets harder for pollsters anyway. we are bracing for turbulence the next few days but hopefully, we will have an answer within 48 to 72 hours, as to who the president is, who controls the senate, who controls the house, and you know, people need to remember, uncertainty generally goes down after elections. it feels very tense right now but generally speaking, elections are decisive and certainly will in the end get a decisive result here. liz: it's kind of interesting, the technology is lower today considering it has been a leadership sector here.

but this is possibly the most technologically, we hope, advanced election of our lifetimes, right? because you are dealing with a lot of technological moves from getting the post office to move more quickly to of course counting votes, et cetera, and polling locations. does it surprise you that big tech at the moment, which has had a great year, obviously, apple up 46%, facebook up 26%, nvidia, up 112%, that we are starting to see a pullback in these names or is this just profit taking and investors are doing what they are supposed to do, take some cream off the top here? >> well, it could be profit taking but it also could have something to do with long term interest rates. long term interest rates are really, really low. that's actually very good for big growth companies, because growth stock companies depend on earnings for years and decades into the future and they are quite sensitive. the value of those earnings are sensitive to interest rates. if you think long term interest rates are going to go up, that actually could be pretty negative for those big cap

growth stocks and that might be something that's going on here, because as i said, uncertainty will go down. we know that eventually, we will have a covid vaccine and hopefully, we will have more uniform compliance with public health measures, so we can actually get past this pandemic and when we do that, the economy is going to come back more strongly, the federal reserve will be a little less generous in terms of rates. i do think rates are going to go up. ultimately when rates go up, that ought to close the gap a little between the growth stocks and value stocks. liz: right. right. and certainly help savers who have been on the short end of this stick for quite some time. david, you've got the word strategist in your title. strategize, what are you telling clients at this moment specifically about how to hedge, how to pick stocks during the next 72 hours? >> well, just don't make a big bet one way or the other. don't pretend you know the outcome of the election or you know how the market will react to the outcome. a lot of people were surprised in 2016, both surprised by the

outcome and then by how the markets reacted. so don't make that bet. be well diversified but also recognize, you know, make a plan for the next six months, for the next few years. as we come out of this, the markets are very dislocated within themselves. long term bonds are too expensive. mega-cap growth stocks may look too expensive, too, whereas international stocks, really emerging markets, if the dollar was to come down over the next two years because of maybe less trade tension, that would help emerging markets also. make sure you are well diversified. take advantage of the stuff that's actually cheap because if we enter a slightly less tense, more rational world in the long run, the cheap stuff ought to outperform some of the stuff that's expensive today. liz: yeah. you know what, i'm looking at chart after chart including the emerging markets. everything is recovered from march. that's certainly good news. david, you know what, something tells me we will be speaking in the coming days. it's great to have you. we will be watching. stay the course. stay calm. that's what david kelly is

telling us from jpmorgan. thank you. >> thank you. liz: fox business alert right here. we have two companies that have recently gone public and they are moving higher. start with live sports streaming service fubo tv which ipo'ed in early october. take a look. it is moving higher by two percentage points. wall street research firms, they do this, they initiate coverage on brand new company names and guess what, it's getting favorable ratings. it is now standing at $13.72. meanwhile, electric vehicle maker fisker, this is a new baby, just launched via spac last friday, it is flying higher right now, up 10.33% on no real news other than it went public via spac. but it could be on this news, unrelated to the actual name, but chinese electric vehicle makers, xpang and nio both reported strong october deliveries. the shift to electronic vehicles, electric vehicles, seems to be very much in play, certainly in china. so why not throw in tesla at the

moment. yeah, nio up 8.6%. xpeng up 7%. tesla up 2.9%. cars are not the only thing selling in china. skin care line dr. jart and helped estee lauder boost sales, reporting better than expected results enabled partially by the purchase of the south korean parent company. south korean skin care is a hot trend. lauder is up 1.77% right now. that's a recent record high. $223.54. clorox cleaning doubling its latest quarterly profit as the pandemic continues to drive demand for clorox wipes and of course, bleach. yeah. they are still limiting me at target. two cannisters per time.

i go in with different disguises on my face. oh, now i have two more. clorox up 5.25%. of course, covid also creating record demand for flu shots. leaving some pharmacies with sold-out signs. stanleybergman of henry schein standing by live on what he's doing to keep the immunity boosters coming in the fight to avoid an all-out flu/covid twindemic this season. with the closing bell ringing in 45 minutes, you're watching "the claman countdown."

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liz: anybody who doubted that a second wave of covid-19 would be coming this fall is probably reconsidering those doubts. for the month of october, 31 states broke records for new cases in just a single day. as flu season begins now, are we looking at a twindemic? according to data from johns hopkins university, we have hit

9,247,036 cases and 231,227 deaths. many companies in the u.s. shifted operations to help battle the pandemic, including medical products giant henry schein. here in a fox business exclusive, we welcome ceo stan bergman. this word twindemic, you got the flu crisis that could be coming and the covid crisis which is right in front of our faces here. what is business like for you and are you seeing demand that is being sucked up so quickly that we are watching supply run dry? >> hi, liz. good to see you. well, on the regular flu vaccine, we have already shipped quite a bit. actually, a little more than last year. and i think we should have enough flu vaccine, the regular flu vaccine. of course, we are very busy with ppe, masks, cleaning solutions

and the various other ppe products. that's still in high demand. liz: stan, i went to a cvs and they had run out. they had run out of the flu vaccine. i had to go to a different one, then they said well, you got to make an appointment. i wonder if there isn't a bottleneck. have you seen it in some regions? this of course is new jersey so people are pretty evolved, they understand we got to get this, but tell me what areas you are seeing and you, you are an expert at clearing bottlenecks internationally, what do you do when you start to see some squeeze? >> well, liz, we provide -- we are the largest provider of products and related services to dentists and to physicians and so physicians generally have enough product today, the flu vaccine. we provided similar quantities to last year, added a little bit extra, so if the patient is

seeking a flu vaccine, please call your physician and likely they will have it. liz: okay. let's get to the covid-19 situation. talking about testing, we are still waiting for nationwide sort of rapid immediate testing, but the vaccine, how are you preparing once we do have a viable safe vaccine to make sure that the distribution is pitch-perfect, that works really really well? >> well, vaccines for the covid-19, the first batches, the initial several million, will go through third party distributor on behalf of the government. we're hopeful that once that first load into the government sector and the government will in turn forward those products to states. once that's done, it will be provided through -- the covid vaccine will be provided to the private sector and distributed

as we have other kinds of vaccines over the years and we anticipate it will be sufficient. liz: your company reported earnings this morning and you had a growth in revenue of 13%. but you didn't provide guidance. what's going on there? why not? >> that's pretty interesting. people are going to the dentist, people are going to the physician. those offices are quite safe, dentists and physicians have been practicing infection control for a long time. the challenge is what will happen should the rate of infection increase in the united states and abroad, and we don't know about that. right now, the [ inaudible ] has been pretty solid for three or four months. we just don't know when it's going to hit. but we are pretty comfortable with the state of business today

as we reported to our investors this morning. liz: when you see that your dentist is wearing masks and has a lot of wipes and vaccines, that's because of henry schein. good to see you, stan. thank you very much. we appreciate you coming on to talk about this in a fox business exclusive. nasdaq has just turned positive. i wanted to let you guys know that. in the meantime, time to make the doughnuts in the private market. up next, the inspiring offer that has dunkin shares shattering records. please don't change the munchkin reci recipe. that's all i have to say. dow jones industrials up 442, a gain of 1.7%. "the claman countdown" will be right back. ♪ ♪

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liz: all right.

let the music play. controversial social media powerhouse tiktok locking up a new licensing deal with sony music entertainment, home to huge names including beyonce and travis scott, mariah carey. the new contract not only gives tiktok access to sony's massive song catalog but will also allow sony the chance to promote its artists on the popular video sharing platform owned by china's bytedance. wow. look at this deal. sony is jumping 2%. it's now at $85.49. tencent which is of course a big shareholder, is also moving higher by 1%. the announcement comes just three days after a federal judge halted the administration's most recent attempt to ban tiktok from doing business in the u.s. the commerce department, though, not backing down yet, vowing to quote, vigorously defend the president's orders. yeah. here we go. cats and dogs. that's what i'm looking at on tiktok. we shall see. okay.

this is what a nerd i am. friday night, oh, my god. arby's owner inspire brands just inked a deal with dunkin brand. it's taking the coffee and doughnut chain private. you can see dunkin is spiking right now, 6.5%. the stock climbing in premarket and all the way through the session, with 32 minutes to go. what a blockbuster sale this is. cheryl: it really is, that's right. this is the owner of arby's and buffalo wild wings and sonic. they are taking dunkin private. officially. this is one of the largest deals in the restaurant industry. it's an all cash deal, taking the owner of dunkin and baskin robbins at $106.50 per share. that is nearly 20% premium over dunkin's last closing price on october 23rd. that's right before the deal was reported by the "new york times." that's kind of the value we're putting on it. sales have actually improved in recent weeks as curbside pickup

and drive-through and delivery have actually gained momentum with their customers. when dunkin reported earnings, u.s. same store sales rose pretty nicely. dunkin said about 12,900 restaurants, more than 800 baskin robbins, those operate all over the world, inspire already has more than 11,000 restaurants in its current portfolio. again, one of the biggest deals we have ever seen in the restaurant industry, and there is the group on your screen, as you can see, yum and wendy's in the green, starbucks and mcdonald's in the red. i just want to say thank you for the cat video. that kind of made my day. liz: oh, yeah. i know. i know. yeah. i'm going to send you one of mine. cat and dog videos. cheryl: what the internet was made for. liz: exactly. thank you very much, cheryl casone. taxes, infrastructure and jobs, oh, my. the 2020 candidates making their final push down the finish line of the yellow brick road. our power panel of grover

norquist and austan goolsbee make their closing arguments to any undecided voters out there on each of the presidential hopefuls' economic and tax plans. cutting through the weeds and trying to get to the meat of the matter, that's what we do here on "the claman countdown." we've got 30 minutes left before the closing bell rings. dow is up 456. s&p better by 40. nasdaq up 21. don't move. we'll be right back. ech. find a stock based on your interests or what's trending. get real-time insights in your customized view of the market. it's smarter trading technology for smarter trading decisions. fidelity. adapting. innovating. lsetting the course. but new ways of working demand a new type of network. one that's more than just fast. you need flexibility- to work from anywhere. and manage from everywhere. advanced technology. with serious security.

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pitch from both sides' defenders as the undecideds gear up for their final move. americans for tax reform president grover norquist is here to make the trump case, and former chairman of the council of economic advisers under president obama, austan goolsbee, to make the biden case. gentlemen, let's go. let's begin first, austan, i want to start with you. can you clarify what joe biden's tax plan means for those making over $400,000 because that is what the president consistently mentions, it will be the highest tax hike on anybody and everybody and particularly anybody over $400,000 income. >> well, i mean, the president in fairness mischaracterizes and lies about joe biden's tax proposal. as you know, it does not raise taxes on any income less than $400,000 and for people who make more than $400,000, it goes back to historical levels like what we have seen in previous

decades, because the tax cuts that donald trump did in 2017 fundamentally didn't work and remains the most unpopular tax cut in the history of american polling. joe biden takes that money and then invests it in middle class things like emphasizing manufacturing, emphasizing infrastructure, expanding health care, expanding education, expanding child care, et cetera. so that's the basis of the tax policy. liz: if i'm correct, let me simplify, everything under $400,000 is not taxed at that level and then, if you make $405,000, only the $5,000 is taxed, correct? >> correct. liz: okay. now grover is already twitching in his seat. i can tell. you hate taxes of any kind but as we look at a deficit right now, i've got the debt clock open on my computer, $3.1 trillion and so much of that has

come before the coronavirus spending. don't you think at some point we need to really attack this and what is your focus when it comes to the tax plan? >> sure. austan had some trouble back when in 2008 obama and biden promised they wouldn't raise taxes on anyone who earned less than $250,000 a year and then they proceeded to hit -- >> and they didn't. >> -- hit american families with a tax increase, the obama tax penalty, $695 to $2,000 and three-quarters of those people earn less than $50,000 a year. so we have been through this with biden making the promise. biden also promises he's going to tax energy so the gasoline price will go up, your home heating prices will go up, energy prices will go up, and you don't have to make $400,000 to buy gasoline in a car. add to that he has twice said and i'm tweeting this now from@grover norquist on video, biden saying he will reinstate

the obama/biden tax on poor people who refuse to buy obamacare. that's $695 to $2,000. add to that, he wants to double the capital gains tax. as he said and ois tis on the t out. on video, he can't deny he said this. he will take the capital gains tax from 20 to 40 on every single american, twice what communist china does. liz: austan? >> well, that's not true. and you can take -- >> it's on video. >> it's on video, his plan is on the web and has been for months. the capital gains tax rate goes up for people making more than $400,000 a year. now -- liz: i wanted to clarify that. i'm glad you said that. [ speaking simultaneously ] >> -- owned by people in the top 1%. you can see why president trump has an excessive compulsion to just want to look at the stock

market and say anything that would affect billionaires or big corporations is something that is inherently harming the country. but what we saw with donald trump's $2 trillion tax cut for high income people and big corporations is that only 32% of america thinks it was a good idea. as i say, that's the worst performance for approval of a tax cut in american polling history. that is because the american people saw what he did and just doing more of the same is not a good idea. you then take the covid crisis and you see that incompetent self-dealing and corruption can only go for a little bit before they fall apart. whenever you have a crisis, somebody who will not embrace fighting that crisis and instead says it's going to go away by a miracle, i think that that's a

tremendous problem and we are now, that's coming home to roost. >> okay. it is true that biden says that only rich people care about the stock market but that's because he's very old and he insulted the people who live in scranton saying that they don't own any stock. 100 million americans, joe biden, 100 million americans own shares of stock in 401(k)s and i.r.a.s and when you take the corporate rate from 21% back up, he has said he's going to get rid of it all but that's just what he said, that's tweeted out repeatedly, 22 times, his staff says he's really only going to 28%. either up to 28% or to 35% takes it higher than china so people looking at the tax bills may decide to invest in china rather than the united states. and that -- liz: grover, grover, can i jump in? grover, let me jump in. it's not the 35%. now, when people who are -- >> it depends if you believe joe biden's -- >> they were paid the 35%. that's the root of the --

liz: -- apparently according to these polls, people do not like the tax cut. they feel like they didn't actually feel it. but they watched as big corporations got a much better deal. now, i would argue with you, absolutely, i would say yes, our corporate tax rate was way too hi high. in the developed world, we were losing companies. they were domiciling elsewhere during the obama/biden presidency. so of course we have to change it. but he is not, he says, going to bring it to 35% and therefore, when you've got regular folks paying 30%, i mean, they are looking at this saying why am i paying way more than corporations? >> look, 91 of the fortune 500 companies paid zero tax last year. and the president of the united states, who is a billionaire, paid $750. that's just a messed-up system. we should not have that. >> okay. let's keep in mind that when you take the corporate rate up to

28% as his advisers say or to 35% by repealing it all, as he has said, the vice president has said 22 times, it's on video, i just tweeted it out, you can see whether he's telling the truth or you think he's lying, but this is a very important question. if you take those taxes up, you reduce the value of people's 401(k)s and i.r.a. the comment was made 34% of people like the tax cuts. there's a better number to see what matters. 60% of americans, 56% and 60%, two different polls, recognize that they are better off today than they were four years ago and that is because of the lower taxes and the higher median income in the country that you got because of the tax cut. >> then how do you explain why 27%, 27% of america thinks we are on the right track? the fact is, hold on, the president -- [ speaking simultaneously ]

liz: all right. here's what we are going to do. we are going to have you both back. who knows what is going to happen. but there's the hail mary economic argument. grover, austan, i know this discussion will continue no matter who wins. we so appreciate you coming on. by the way, election night action, yeah, got started here on "the claman countdown." you saw. but it continues tomorrow with a special two-hour edition of "lou dobbs tonight" 5:00 p.m. eastern. i will be there along with lou and the fox business all-stars, neil cavuto takes over at 7:00 p.m. and will have all the information and top shelf business guests as returns come in. david asman on hand if the outcome goes late into the night and early morning. and "mornings with maria" begins at 5:00 a.m. eastern time on wednesday. if you want my specific take on election night, i'm going to be live blogging as part of the exclusive fox news democracy 2020 live experience.

you guys, this went viral in 2016. it was heavily watched and followed. you can follow our running blog starting at 7:00 p.m. eastern right here throughout the night and you can also get realtime analysis. vote on the issues and test your trivia knowledge. all of it on your phone or computer. head to foxnews.com/2020live or open the camera on your iphone or regular phone to scan the qr code that you will see on your screen. just go to foxnews.com. you will see it all. it starts tomorrow, 7:00 p.m. i will be right there, yours truly, with the economic and financial picture. i will be weighing in on how overnight markets are opening. you've got to stay tuned. dow is up 317. we'll be right back. ♪

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liz: yes, election day down to the wire, but questions, of course, are still swirling around whether former vice president joe biden would act as a moderate or swing farther left. charlie gasparino has some exclusive details about who biden is considering for his cabinet and just how progressive or not they may be. charlie? charlie: at least this is what the biden advisers are relaying to wall street supporters, if he does win. i'm saying if. i'm not saying he is going to win. by the way, i have never seen, you know, twitter as you know is generally a cesspool of opinions but i have never seen anger ramped up as much as it is now and i have been on twitter for a long time. i was on twitter in 2016, on twitter before that, and this is pretty nasty. so whoever wins, the other side will be really disappointed and it will be a nasty follow-through. but just as i'm saying, i'm not saying he is going to win. the biden people think he is going to win. biden advisers.

what they are telling wall street is essentially this. these are wall street money guys, gave a lot of money to the campaign. wall street went overwhelmingly for biden this time around. again, that doesn't mean he's going to win but that's what they did because they are betting he's going to win. at least a lot of the big players at the big firms. but biden advisers telling wall street major cabinet positions, treasury, defense, chief of staff, are likely to go not to the progressive wing of the party. you are not going to get bernie sanders as biden's chief of staff or even elizabeth warren unlikely as his treasury secretary. you are going to get moderate mainstream democrats who are less moderate than they used to be, they are much more liberal now, but you are not going to get the far left progressive wing. so beto -- someone like mayor pete buttigieg has possibly defense secretary, someone considered in the mainstream. he's a former, he served in the military. lyle brainard at the fed,

democrat considered much more mainstream as treasury secretary. no, sir the sort not the firebrand progressive type. it's highly unlikely elizabeth warren as has been reported recently will get treasury secretary. not saying impossible but at least that's what they're telling the wall street guys and gals it's unlikely. where progressives will show up and this will have an impact on public policy, is in the labor department. in hud. hud is a huge agency because it referees and regulates housing in the u.s. including fannie mae and freddie mac which is very interesting. whoever is in there will most likely be a progressive and probably stop the recap and release and sort of reducing of the footsprint the trump administration under mark ka b calabria is doing. that head of hud will probably stop what calabria is doing. if calabria is going to redo fannie and freddie in his image, he will have to do so in a lame

duck session and that will be all-out war trying to privatize, really privatize fannie and freddie, you know, in a lame duck session. but be that as it may, we also hear hhs also another place where progressives might turn up. again, that's what they are telling wall street. maybe they are just trying to calm fears. maybe they are bs'ing, maybe not. but in the major policy positions, it will be a mainstream democratic administration in treasury and chief of staff and defense secretary and secretary of state, susan rice probably will be secretary of state. these are all players that have been there, they are establishment. again, they are further to the left than they used to be but they are not -- highly unlikely bernie sanders is going to be chief of staff. back to you. liz: i'm going to be live blogging, i'm going to be on lou and i'm going to be on fox news with martha and bret. where are you going to be?

charlie: i'm supposed to be at fox business. liz: okay. charlie: i will be covering it. liz: okay. charlie: i will have some reporting in a few minutes. liz: all right. when we come back, the s&p is up 31. we will show you two important charts. our "countdown" closer says they will tell him whether to head for the hills or pile into stocks in the next 24 hours.

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following specific charts he says will give him an indication whether to buy or sell. scott redler,. 2. 3 trading. what will you look at? >> i wants the investors figure out plan a, plan b. do we have an president-elect shun day or not? if it is contested we don't have a president, volatility spikes. s&p, 3209. that is the recent low from september. that is 9% on highs. if we don't have a president, on wednesday, thursday, friday. we have to make sure that doesn't hold, we could see 2965. if we do have a president and the other, other candidate concedes, then we'll be looking at resistance on the s&p to see if we get up, above above 3415, which puts the active bulls back in charge. liz: in other words, buy when you're getting closer to that level.

okay, let me then ask you what your next chart is? i would imagine volatility has to play in here somehow, right? >> yes. traders will be probably looking at the vix as well. three weeks we talked about buying a call spread in the vix as insurance in case we do have a contested election. traders, watching, the recent high is about 42. 42 is that level. if for some reason chaos hits, people in the streets rioting they don't like who won or no one one, 42 about the vix, stays above that, you will probably see a lot of weakness in the indices across across the board. liz: we're at 37 right now. market there. we'll put all of these, scott's ideas, up on on the liz claman.com facebook page so can follow. no matter what happens tuesday there will be big stimulus. what is the play there? >> the play is gold. if they print money the way they

have been all year we'll have stimulus. [closing bell rings] it could be gld call spreads. [inaudible] liz: gotcha. sounds good. thank you so much. got to run, scott. you know that bell. dow closes up 413. green on the screen. connell: we finally made it here, the day before the election. investors are watching it every minute. i'm connell mcshane reporting live from wilkes-barre, pennsylvania. we're trying to recover some of the losses last week which was the worst week in the market since march. for the s&p, it was the worst week ever before an election. that is what we had coming in. the s&p by up 40. the dow up well over 420 points. president trump and joe biden are here in the keystone state today. the president wrapping up a rally at scranton. he was at the