maria: great show, everyone my things to dagen mcdowell. thank you. have a wonderful day up your query will be back tomorrow with more on this developing story. "varney & co." begins right now. stu, take it away. stuart: good morning. good morning, everyone. the city election weekend you may have expected a little volatility, may be heavy selling when the results came in. did you expect to wake up every day this week and see the market takeoff? probably not, but that's what we have and it's an election week rally to die for. right now the dow jones is off to the races all over again with again of maybe 380, 400-point on top of 367 wednesday and up a thousand points monday and tuesday combined. s&p up another 1.7% and you have to look at the nasdaq.

it's on fire again. 3.8% gain yesterday can something similar, up to and half percent again today. why the big rally? leader mcconnell says there will be a stimulus package probably this year and that helps. divided government means no big tax hikes or green new deal, that helps. the fed will most certainly keep printing, so check your 4o1k and a smile. let's deal with the election, the presidential winner still in doubt. it will come down to four battleground states, pennsylvania, north carolina, georgia, nevada. it's close in all four states in the trunk team will go to court to make sure only valid votes-- votes are counted and we expect an update on the count in nevada. that state may be called today. watch las vegas, 11:30 a.m., but from campaign may be filing a legal challenge there also.

this is the place to be if you follow money on politics. "varney & co." is about to begin. ♪ ♪ stuart: i wanted something more upbeat and lively with the market rally to die for. we will try next hour. the path with a hinges on four battleground states. a joe biden and president trump are both looking for the magic 270 number, the electoral college vote. we could see a winner in nevada today and here is where that race currently stands: if biden wins the state it would give him the magic number 270 needed for the presidency, but the trump campaign insists

arizona is still in play of votes are still being counted in the state and foxnews has called the race for biden. we have a big show a head. madison, republican, youngest member of congress had more than 100 years and the outspoken trump guy, corey lewandowski. let's get to money. let's see how the markets are reacting and bring in dr barton. i think you are saying that this divided government is the main driver of the market at the moment. is it? >> you got it, stuart. there are two great reasons and you touched on both of them earlier. one of them, number one taxes. with a red controlled the senate, that's going to allow us to not see those big corporate tax hikes that the blue team

wanted to impose. the markets love that the big magnetek benefits the most and that's why they are taking off so much in combination with reason number two which is the reduced headwind of anti- trust action. with a red controlled senate it's going to be more difficult to have a onerous, a very heavy antitrust action taken against those big companies and i think there will still be something happening from the justice department. it just won't be as strong and i think the markets are showing that stuart: i'm going to put the big tackle winners on the screen again. this is pre-market today all of them showing a gain of at least 2%, that's a phenomenal gain for copies of that size. you can see them on the screen, apple, amazon, facebook, alphabet, microsoft. which of these would you be a buyer of today? >> my two favorite,

stuart, or microsoft number one because they have their antitrust issues already behind them. they dealt with that decades ago and they are not even considered by the justice department rang out. plus, there growing gangbusters. revenues and their gaming revenues from the xbox up 30% year-over-year, cloud up 48%. love the microsoft going forward. google, we hardly know the justice department case against google in a 500 plus page document plus they are growing 10% glowing their cloud business 30%, so those are my two favorite out of the five. stuart: you have been on the show for many years and you consistently have said big tech will be the winner and it has consistently. thank you for your service to "varney & co." for the last five years. we will see you again soon. it's not just big tech

that's creating some serious winners. there are others out there and a susan has a list. susan: we have lots of earnings. chips are in the vast majority of the world of smartphones and we saw better earnings of the forecast, half a billion 5g smartphones to be sold next year. the apple iphone is also polish for apple sales. amazon, allie baba, the biggest company saw the earnings fall 60% from a year ago. online travel company expedia reporting a smaller loss than anticipated. demand seems to be picking up slightly for travel and tender owner, reporting a stronger quarter based on more people paying with more than 6.6 million subscribers and regeneron, that medicine

president trump credited with curing him likely to get fda approval. stuart: so that's a matchmaking company? susan: yeah, something like that a dating app for you swipe-- swipe left. stuart: are you about to tell me for elderly people? susan: i don't think there's a demographics. i think everyone using it. stuart: let's move on. senate majority leader mitch, promising a stimulus bill by the end of the year. watch this. >> as i have said repeatedly, in the last few months, we need another rescue package. the senate goes back in session next monday. hopefully, the partisan passion that prevented us from doing another rescue package will subside with the election, and i think we need to do it and i think we need to do it before the end of the year. stuart: brian brandenberg is with us, this thursday morning.

do you think mcconnell can get it done and how big do you think it's going to be? >> stuart, the name of the game here is leverage. mcconnell has more leverage now than he did a few days ago because this was such an embarrassing election for nancy pelosi and chuck schumer so the answer is yes, i think we will get stimulus now on mcconnell has been talking about it for months and has he said he's been willing to do it, but he wanted to do it in a sane way which means not blowing the budget and spending money where we need it, not simply wear blue states wanted because their budgets are messed up. i think we will get a stimulus and i don't think speaker pelosi has a choice now about whether to go along with something smaller. for moderates will rebel they didn't like what happened in this election and they can see the future coming up for the next one and they don't want to be the one standing in the way so i think we will get a package that will

be smaller than what pelosi was asking for, probably the 1 trillion to one and a half trillion range by the end of the year. stuart: do you think it will make a difference to the performance of the economy? let's suppose it's a trillion dollars injected into the economy fairly quickly, a trillion chucked in, what difference does that make to the rate of growth in the economy? >> i've always been a skeptic of the stimulus. there are short-term benefits especially when you are in a situation of lockdowns, but it's not the thing that will rescue the us economy. it's not that thing that will guarantee recovery. the guarantee of recovery comes with opening up. it comes with getting a vaccine that helps people to be comfortable in the economy again so the problem we have had is we have leaned on stimulus too much. we have leaned on the fed too much and it's caused us to be slow when it comes to being smart about reopening.

i don't want to see that again and i don't think mcconnell will allow this. he sees it as temporary and not the rescue for the economy. stuart: that's another plus. i don't hear much talk of lockdowns now that we have passed of the election. it was to some degree politicized. that's another plus for the economy. last word to you. >> after the election i hope a lot of things become less political and we can be smart again and we aren't thinking about where it will land us in the win loss, and the senate or the house. the committee about workers, families and wages and things that should have been in the forefront. i think the biting government can help with that, actually. stuart: thank you for your great service to this program all these years. see you again soon. you got to look at futures again. you will likely see. this is the election week rally to die for.

up a 300 again on the dow jones and the nasdaq two and a quarter percent, big deal. the gap apologizing for this tweet showing a red and blue hoodie calling to move forward together. let me ask this: why do you have to apologize when you are calling for unity? we have the story. protest at the polling stations in arizona, a state president trump believes he is still in play. mc mulvaney thinks that way too, arizona still in play they say. they will tell us why after this non-valvular afib can mean a lifetime of blood thinners.

and if you're troubled by falls and bleeds, worry follows you everywhere. over 100,000 people have left blood thinners behind with watchman. it's a one-time, minimally invasive procedure that reduces stroke risk-- and bleeding worry--for life. watchman. it's one time. for a lifetime.

but what if there was a hidden treasure? a prolific area,evada. untouched for decades waiting to be rediscovered? what if one gold explorer is set to unearth the potential and transform the area into the next big nevada gold district? corvus gold, gold rediscovered. do you have a life insurance policy you no longer need? now you can sell your policy, even a

term policy, for an immediate cash payment. we thought we had planned carefully for our retirement. but we quickly realized that we needed a way to supplement our income. if you have one hundred thousand dollars or more of life insurance you may qualify to sell your policy. don't cancel or let your policy lapse without finding out what it's worth. visit conventrydirect.com to find out if you policy qualifies. or call the number on your screen. coventry direct, redefining insurance.

stuart: well, well, former ceo of walmart sending out a warning about joe biden. lauren, what's he warning? lauren: bill simon says his policies will slow economic recovery. he points out tax increases and if rates go back up at the individual and corporate level, but also taxing in capitol gains as ordinary income if the senate has president biden. he's also worried about the regulatory changes that could come and they would be pushed if joe biden picks a cabinet that leans progressive so we are talking about banking and environmental changes. there will be more stringent rules and onerous for businesses. stuart: we have a warning about his potential administration before he has even won the race. why not. thank you. look what we have from the president, moments ago he tweeted: stop the account. all caps models. meanwhile a furious

legal battle coming up. here's a protest outside a polling station in arizona. of those protesters think the race was called it too early. the president trails slightly in that state, but there are still 400,000 ballots to be counted. fox news decision desk call the race for joe biden in arizona. come on in acting white house chief of staff. mick mulvaney is back with us. do you think that the president has a path to win in arizona? >> i do and i think the president should be expected to win based simply upon the massive. one of the mistakes a lot of folks are making including with respect to your network is they do not understand what the votes exist in arizona. the mail in ballots, yes mark-- largely from maricopa county and for that reason a lot of people say it's a biden leaning, but that's not how arizona's county.

there counting on last in last out basis. the ballots yet uncounted are the ones delivered including walking on election day and those are heavily republican votes and that's why you see the president close the gap in the last 24 hours. he has close that gap by 25000 votes and pulling between 55 and 65% of these ballots and if that holds, and it should, he will catch and pass a joe biden in arizona by the time the last 400,000 votes are counted. stuart: if arizona did go for mr. trump, that would rearrange the electoral college map and rearrange both the president and joe biden's path to the 270 required with a radical transformation because i understand arizona has 11 electoral college votes. >> it's a 22 vote swing and then brings all attention on pennsylvania and raises the very unique possibility of a tight

if nevada goes the president's way in pennsylvania goes the president's way, but for some reason he were to lose georgia and that's a 269 tie so i don't think arizona is getting the attention it deserves because it is really swinging. if he cannot win arizona he wins the race. if he wins arizona things change dramatically. stuart: it so, arizona is of paramount importance. we are told i believe 11:30 a.m. eastern the trump team will make an announcement in nevada, maybe this could be another lawsuit challenging the photo nevada. what do you make of this? >> there will be lawsuits just about every place because of the nature of the election. the laws changes state to state, sometimes county to county. about nevada, four years ago donald trump lost by 27000 votes and i think the margin now is a third of that, maybe 8000 votes so it's

extraordinarily tight. would not surprise me to see lawsuits they are to make sure the count goes correctly. stuart: a lot of people are saying or i see a lot of pundits and commentators suggesting biden has got it. you don't think so do you? >> no. at this point the campaigning is over. they are trying to persuade people to go, but it's over and now it's about counting accounting legally. we made the case for arizona and we know how tight nevada is in pennsylvania the president is up and while there are a lot of folks like to be counted around philadelphia there's also a lot of ballots in trump's part of the state with various analysis that biden has to get almost 90% of those votes to overtake the president into the vein of what i think you see out of the white house and by the way you should see out of both campaigns is let's legally count the votes to make sure no one finds a box of ballots under a rock

someplace and make sure ballots are counted correctly. the reason pennsylvania is so difficult as there may not be results for litigation as they did strange things there in the run-up to the election choosing not to count early like in florida and instead said if a ballot comes in and has a signature in the signature doesn't match the registration we will still count the vote. that's the thing that invites lawsuits and dragging the decision out. stuart: count only ballot the votes and the president has a good shot. mick mulvaney, thank you, sir. now let's get back to money and i will show you big tech-- sometimes i can hardly believe what's going on with big tech. all of them way up. what are they so happy about? susan: makes you very happy. less regulation, no breakup and difficult hiking corporate tax with a split congress and that's why we have a huge rally in tech stock these are the single best day in history after any election for the nasdaq.

gridlock is good for big tech and they have a safety play with guaranteed growth in greer and she'd profit. apple is up-to-date despite the fact with bloomberg report saying it's running short of chips for its new iphone. amazon is is shipping off the fact that jeff bezos sold $3 billion in amazon stock last week. stuart: do you know i am so happy to see big tech go up? it's not just that i have some, but a hundred million americans are invested so for a one case, ira, apple is one of the most widely held stock. susan: and amazon and microsoft. there should be a lot of stimulus still any a trillion dollars is nothing to stop the and also a fed meeting later today which could be accommodated with low interest rates. stuart: dow jones up another one

and a quarter%. futures again, let me remind you it's election week in a big rally. all the indicators are sharply higher especially the nasdaq which is looking at 12000. that's it. i will show you more after this. we are having a good time. ♪ trelegy for copd. ♪ birds flyin' high, you know how i feel. ♪ ♪ breeze drifting on by you know how i feel. ♪ ♪ it's a new dawn... if you've been taking copd sitting down, it's time to make a stand.

start a new day with trelegy. no once-daily copd medicine has the power to treat copd in as many ways as trelegy. with three medicines in one inhaler, trelegy helps people breathe easier and improves lung function. it also helps prevent future flare-ups. trelegy won't replace a rescue inhaler for sudden breathing problems. tell your doctor if you have a heart condition or high blood pressure before taking it. do not take trelegy more than prescribed. trelegy may increase your risk of thrush, pneumonia, and osteoporosis. call your doctor if worsened breathing, chest pain, mouth or tongue swelling, problems urinating, vision changes, or eye pain occur. take a stand and start a new day with trelegy. ask your doctor about once-daily trelegy. and save at trelegy.com. some things are good to know. like where to find the cheapest gas in town and which supermarket gives you the most bang for your buck. something else that's good to know? if you have medicare and medicaid, you may be able to get more healthcare benefits through a humana medicare advantage plan.

call the number on your screen now and speak to a licensed humana sales agent to see if you qualify. learn about plans that could give you more healthcare benefits than you have today. depending on the plan you choose, you could have your doctor, hospital and prescription drug coverage in one convenient plan from humana, a company with nearly 60 years of experience in the healthcare industry. you'll have lots of doctors and specialists to choose from. and, if you have medicare and medicaid, a humana plan may give you other important benefits. depending on where you live, they could include dental, vision and hearing coverage. you may also get rides to plan-approved locations; home delivered meals after an in-patient hospital stay; a monthly allowance for purchasing healthy food and beverages, plus an allowance for health and wellness items. everything from over-the-counter medications and vitamins, to first-aid items and personal

care products. best of all, if you have medicare and medicaid, you may qualify for multiple opportunities throughout the year to enroll. so if you want more from medicare, call the number on your screen now to speak with a licensed humana sales agent. learn about humana plans that could give you more healthcare benefits; including coverage for prescription drugs, dental care, eye exams and glasses, hearing aids and more. a licensed humana sales agent will walk you through your options, answer any questions you have and, if you're eligible, help you enroll over the phone. call today and we'll also send this free guide. humana, a more human way to healthcare.

stuart: i went to bring in economist named brian westbury and i want him to look at the votes. that would be the vote on tuesday. brian, we just got word 1509.8 million people voted in this election, that's obviously a record high. what to do you think they were voting for? >> i back up and i kind of try to look at the american voting public as a amoeba took i know everyone wants to go red and blue, but what were voters really saying? here's what i hear, it looks like joe biden has the inside track to the white house. it appears, i think, more strongly that the senate will stay republican and a so what voters said is we don't

want radical change. we don't want a green new deal. we don't want medicare for all, singer-- single-payer system or massive tax hikes, however and this is by a slight margin we do want more peace and quiet. when i look at this next four years that's what i think we will get, no major changes in policies and a little bit more peace and quiet and that's a really good environment for the market. stuart: i'm sorry, i see it as a rejection of socialism. speaker pelosi majority in the house actually shrank. she thought it would take up, but it shrank. she has to deal with the squad and i don't know how she's going to do it >> stuart, i totally agree with you on that. it is a rejection of major change in the direction of the us policy towards the socialism and losing 10

seats in the house for nancy pelosi is here at the way i think of it and she just lost a trillion dollars from the stimulus bill, so one thing i will look at is how mitch mcconnell deals with a stimulus bill now. if we keep it focused on the impact from covid, that's a huge positive for the market because now, we are to bailing out states. we are not putting all kinds of extraneous things in for new immigrants etc., keeping it focused on coping-- covid and if that's what happens with the stimulus bill, it's a sign you are right about socialism and i am right that people don't really want major change and i think that's a huge positive for the economy and the stock market in the months and quarters and years ahead. stuart: excellent. brian, thank you for being here today because you are joining us in election week and we have an election week rally that's

extraordinary. left-hand side of your screen retailers, all up. bottom right-hand corner of the screen futures up or hundred points. reading of the bill means we are starting to trade on a thursday morning, three, two, one let's see how far up we go. off and running. i'm dying to see this. it's fun, isn't it? we are all making money hair appeared dow jones up 350 in the first to 12 seconds, up one and a quarter precent. s&p up one and a half percent. nasdaq up 3.85% yesterday and up 1.93% today. susan, its up 217 points. it's a way way up and we love it. uber, they are winner this morning. susan: well, they were. stuart: not anymore.

okay, creates out this afternoon. susan: they were up 17, double digits yesterday after winning proposition 22 so we will hear what it means for their business going forward. still, a tough slog with ride healing especially with covid. food delivery, will that make up for some of that food delivery of doubling as more order from home and the more you do that the longer i will continue to talk. stuart: why talk about stuff that comes up "after the bell" when we just rang the bell to start trading and we are straight up. uber is down? susan: it's a big company. susan: next case, what we have? peloton reports yeah, they report "after the bell", but right now before the close of trading there up 2.8%. okay. lauren comedy anymore? lauren: i do, i mean, the numbers are going to be

fantastic. we told you last courted a group revenue over 170%. they will do it again, expected to grow 228%. 1.32 million subscribers and they pay not only for the bike and treadmills, but $40 a month for the interactive classes, so obviously peloton has been a pandemic winner with shares up 300% this year and now they have to fix supply chain issues so stayed tuned for commentary took also, how to get people who are not rich or upper-middle-class to buy their bikes and so far they have been able to do that by lowering prices. stuart: let's get to today's action because i'm looking bottom right-hand corner of the screen up 415 points on the dow jones, 28200. here's another one that reports "after the bell" what are you going to

tell me after the bell today as opposed with going on now, ashley? ashley: tanks were setting that up for me so well. down 45% year to date expecting a loss of about $4 a share with revenue around 430 million down a 73% from the same quarter last year. second-quarter earnings were brutal. losses across the board portfolio with casinos and resorts, revenue, the wind palace was down overhead% year-over-year , revenues down 9097%. the question is will we see improvement as people start to travel? are more people driving at least two vegas from la? we also have and i on the outstanding debt was $13 billion at the end of last quarter with that said, something happening right now morgan stanley raised the stock from $90 to 95 vote of confidence.

how about that? stuart: i will take that, ashley. general motors, a winner. they are winner now. ashley: yes. stuart: what's going on with gm? ashley: let me just say, stuart, you are huge and start the villages in florida. they say we love stuart, he's so cheeky. i wanted to pass that on gm following in the footsteps of the ford and see it chrysler with gm reported better-than-expected third-quarter results thanks to a surge in suv and large truck sales in north america with boosted earnings that's been a story across automakers. earnings were twice as good as expected. gm reported earning 283 a share beating estimates, edging out forecast $35.48 billion. us sales for gm fell 10% due to the pandemic but

they said it improved with every month and by the way in china gm sales up for the quarter 12%, the first quarterly sales growth in china in two years. stuart: we will take it. thank you. let's get back to the action right now straight up, look at this, the dow jones up 438, one and a half percent, susan. 28200. 10 year treasury yield is all down to .76%. what does that mean? susan: let me ask something, what is the bond market telling us compared to the stock market? stock market is flying s&p with the highest level. however, 10 year treasuries i mean if you were bullish this should stay at the 95 that levels we saw an election night, but you come down 20 points and i think there's a divergence between who has the market call correct, is at the bond market or the stock market? stuart: may be the fed will flood the market with money

pushing interest rates down below where they are now, maybe. i don't know. susan: usually when they have a lot of money because up. stuart: the price of gold up $35, 1931 is your price rate there . let's get back to what's happening now bitcoin $15000 per coin. susan: that's the new gold right there. stuart: maybe so and oil $38 a barrel and the price of gas keeps falling. us get back to today, again record high for alphabet. susan: record high and don't forget the surprise in the july to september period when they saw growth with sales and profit and by the way split congress is probably the best outcome for the market especially with a democrat in the white house according to research and look at the s&p 500 usually gains 13 and a half percent afterwards

with a split congress, democrat in the white house rallies 75% of the time after the election. stuart: more stimulus coming before the end of the year, a split congress is always good news for the stock market and the fed meets today and they will almost certainly keep churning out the money and up goes the market. paypal surging again? susan: extending at 80% rally the share. visa bank and alice recommending investors by the stock predicting it will hit $210 each and we did have analysts raising their target prices above the 200 level. stuart: this is election week on the market and what a week it's been. that about 20000 on the dow jones, straight up throughout this election week. now, last week the media, the pollsters were claiming a blue wave was on the way. watch this. >> president trump is dragging down republican senators with him. >> this could be the year where texas goes blue. >> more likely as we sit tonight joe biden lit--

wednesday landslide. >> billy joe biden has now come the polls will not be wrong. [laughter] stuart: classic. did you see the cover of the "new york post" today? no matter who wins the polls, pundits, press were all wrong, wrong, wrong. that's the theme of my take coming up. the remember this powerful speech from the republican convention? batman on your screen just one a house seat in north carolina. he's 25 and will be biggest house member in over a century, i believe. he is on the show coming up in the 11:00 a.m. hour, batman, he's on-- that man, he's on. ♪

♪ ♪ ♪ ♪ this is the feeling of total protection now that we protect your identity, and mobile phone, as well as auto home and life you've never been in better hands allstate click or call for a quote today but when i started seeing things, i didn't know what was happening... so i kept it in. he started believing things that weren't true. i knew something was wrong... but i didn't say a word. during the course of their disease around 50% of people with parkinson's may experience hallucinations or delusions. but now, doctors are prescribing nuplazid. the only fda approved medicine... proven to significantly reduce

hallucinations and delusions related to parkinson's. don't take nuplazid if you are allergic to its ingredients. nuplazid can increase the risk of death in elderly people with dementia-related psychosis and is not for treating symptoms unrelated to parkinson's disease. nuplazid can cause changes in heart rhythm and should not be taken if you have certain abnormal heart rhythms or take other drugs that are known to cause changes in heart rhythm. tell your doctor about any changes in medicines you're taking. the most common side effects are swelling of the arms and legs and confusion. we spoke up and it made all the difference. ask your parkinson's specialist about nuplazid.

stuart: in a sea of green i see one item read that is alibaba

down 3%, why? susan: tough comparison to last year when they had a big one-time gain. 60% down in sales. the mayfair-- main main overhanging is the cancellation of the record-breaking that was supposed to raise $35 billion this week in the story goes check mark apparently the richest man is china insulted the chinese government and that's why beijing blindsided him by canceling his record-breaking ipo. $3 trillion was taken out of the market and that's partially why we saw the selloff last week because people were getting ready to buy and i think ray will agree with 3 trillion raised its not going anywhere but going back into the market so they are buying tech in the us. stuart: we are featuring this because it's the fifth biggest company in the world and its down sharply. lets to bring in ray. he's our guy who frequently-- he always

waves. good man. $285 a share is the price of alley bob .-dot right now. would you buy it? >> yes, definitely. this is the stock if you want to get into china as a proxy for digital in china with every piece of the commerce action in place. they are cloud company and building a i and the advanced technology and because jack has left technically they are now blessed by the government and i think that slap in the face to jack what was going on for the anti- po for the same reason as they are reinstalling people and their management team as we speak as kind of a lesson to jack to toe the line or we will take action and that's what happened but the reason you what alibaba is because they are growing at 30% rate. they are 750 million monthly active users and that's a significant market, so if you want to plan, she by alibaba or jd in china.

stuart: they are a big cloud computing company; right? >> they are with cloud in asia and also inroads into africa and inroads into europe with the alibaba cloud. it's a market you want to participate if you are in china so you will see countries like salesforce last year partnered with them to get into the china market. there's a lot going on in that space. stuart: record high for alibaba is $319 a share and it's 286 now. will it hit 320 soon? >> 320 in about three to six months. they have their version of amazon prime day coming in those numbers will hit in the next quarter. stuart: thank you for joining us now, dow jones of 450. susan: how about that. stuart: how about that. that's my expression. there may be interesting changes taking place in the formerly golden

state, that's in my take a coming up in the 11:00 a.m. hour, california changing. trump campaign gearing up for a legal fight this 2020 race. watch this. >> we need to fix-- fix this, remedy it now because we won pennsylvania and we won every phot counted in a fair way. stuart: that was pam bondi and she is on the show coming up next right after this. ♪ powerful relief so you can restore and recover. theraflu hot beats cold.

powerful relief so you can noand if you're troubledan a lifby falls and bleeds,ers. worry follows you everywhere. over 100,000 people have left blood thinners behind with watchman. it's a one-time, minimally invasive procedure that reduces stroke risk-- and bleeding worry--for life. watchman. it's one time. for a lifetime.

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. and reliable coverage, nationwide. forward-thinking enterprises, deserve forward-thinking solutions. and that's what we deliver. so bounce forward, with comcast business.

>> we are going to win pennsylvania, but they are trying to cheat us out of it the cut they know it's their only path to victory. >> this is among the most antidemocratic things i have ever seen or encountered and it's not just herein philadelphia. it's going on all over the country. >> we need to fix this, remedy this down because we won pennsylvania and we want every voted counted in a fair way. stuart: we watched that wednesday afternoon with president trump's campaign swing michigan, georgia, pennsylvania. pam bondi is with us. pam, i understand you have got breaking news for us. tellis, please.

>> we do, stuart. we are sitting in a conference room now in philadelphia and an appellate judge it just entered an order saying we are to be immediately let in the convention center with six-foot distancing of all access of the vote counting effective immediately, so we can observe that these folks are being counted. stuart: you had to sue, i understand, because you are being kept at a 30-foot distance and you could not see what was going on with the people counting. are you now satisfied with mac well, once we get in there we will be satisfied, 100% satisfied as long as we can observe like in the red counties they are allowed to observe within 6 feet of all aspects of meaning, stuart, as you know our 15 people who are in there are allowed to watch the ballots being counted. that's part of our process created by the legislature under the united states constitution and

supervisor of elections on the secretary of state cannot come in here and say we cannot do that and that's what she was doing. it's only in the blue counties which makes it even worse. we want from an appellate judge effective immediately your queen plan to go in there because that's our legal obligation for our candidate, donald trump and mike pence. stuart: we are told that around 11:30 p.m.-- 11:30 a.m. eastern the trump team will make an announcement in nevada. maybe it's another lawsuit. can you tell us anything about it? >> not going to get ahead of nevada. we have a great team in nevada and arizona with folks on the ground in georgia. we are going to win this election. we have a one pennsylvania and will not have them take it away from us by bringing in ballots later than postmarked later than november 3. they are not going to do it or could they keep we are winning in court

turk we are following the law, they are not and we will be in that convention center today and corey lewandowski and i are not leaving pennsylvania until its final. stuart: are you suing in pennsylvania because the court changed the election rules right at the point of the election and you say that's unfair? is that the nature of your lawsuit? >> it's not unfair, it's illegal, stuart. they cannot do it. yes, exactly. they changed the rules and there's a case pending in the us supreme court in pennsylvania as well, so we have two lawsuits going and we won the one in state court this morning we appealed it-- stuart, to show you how shady the democratic party is here. they came into court with eight lawyers and we had one lawyer ready to go yesterday. you know what they said? judge, we want to continue this and post on this three, four more days because we want to give you a history of the voting process in pennsylvania. really?

they are trying to drag it out until the election is over. the judge did not buy and we are going to fight and they won't get away with it. stuart: how long do you think this contest in philadelphia will last? >> hopefully by the end of the week we will know ballots keep dropping, but now that we can observe we can see the postmarks and that's all we ever wanted to do. every phot that's postmarked after the deadline takes away from the great people of pennsylvania who voted fairly and legally in this election. every illegal vote takes away one of their legal votes. we are not going to let that happen whether you are democrat or republican, we are all going to follow the law. stuart: pam bondi, thank you. i know you are busy and we appreciate you taking time to be with us. think you. >> thank you, stuart. stuart: what were you searching for on google on election night? we happen to know which were the most common searches. lauren, what were we

looking for? ashley: coffee and booze near me. americans were up at night stressed out and they were searching how do i stay up with coffee and get it delivered and ditto for alcohol. regardless, 2020 has been the year of the brown stuff, liquor sales up 35% due to the pandemic. we are drinking a lot and we needed some relief to get through tuesday night and apparently we still need it because it's been one long weekend we still don't have a election winner. stuart: no, we don't. lauren, thank you. still ahead, look what we have for you. mike huckabee, mattis-- madison cawthorn, corey lewandowski, great show with great headline on the front of today's "new york post": no matter who wins, the polls, the pundits, the press were all wrong,

wrong, wrong. that's the subject of my take that. look at the dow jones, up 490. ♪ this year, walmart turned black friday into deals for days. starting saturday, november 7th, score deals like a $49 gourmia toaster oven in-store and online. let's end the year saving bigger.

. . . .

stuart: great headline on the front of today's "new york post." wrong, wrong, wrong. the polls wrong. the pundits wrong. the press, wrong. the post is right on all three counts. the people who run the polls have not figured out how to count shy trump voters and they keep overcounting democrats. they got it wrong. so many pundits forecast a biden landslide or democrat takeover of the senate. that is the intelligentsia for you. they couldn't break out of the trump-hating bubble. the media, they dragged our country and our president through the different at every opportunity. they paid the price. that is the president for you. wrong. let's go beyond the post front page. there were plenty other losers. speaker pelosi on the morning of election day she confidentially predicted she would increase the muse. wrong. she lost five seats maybe nor.

the speaker publicly ripped up the state of the union speech will find her leadership challenged. identity politics a loser. you remember if you vote for trump you ain't black? it didn't work. trump won much bigger share of the black vote. in florida the hispanic vote swung the election to trump. they should drop the hypen, call us what we are, americans. senator schumer lost. hundreds of millions of dollars he tried to win back the senate are wasted. he is still the minority leader. mike bloomberg showed you even a billion dollars doesn't buy political success. i guess he was the biggest dollar loser. trump supporters may be disappointed the election winner is in some doubt. look at the opposition, polls, pundits, press, pelosi, identity politics, disappointments all because they lost. the second hour of "varney & company" about to

begin. ♪. ♪ may all your soros be small, here's to the losers, bless them all ♪ stuart: frank sinatra, here's to the losers. we were having a little fun. producers, that was very fun, smart choice of music there. i say the market is the real winner today. obviously so. the dow is up 460. john layfield is with us. john, why are we up so much in this election week? >> i think we're up so much, stuart, democratic sweep is taken off the table. last week was more about, not who would win the presidency. it has been kind of expected biden would probably win the presidency the last couple months but it looked like last we can we would have a democratic sweep of all three branches of government. that would be bad.

historically since 1933 the best returns in the stocks market when we have some balance of power. funny how the forefathers saw that 400 years ago, balance of power was best thing for occur economy and country. stuart: how about mitch mcconnell, saying we want a stimulus plan before the end of the year. i presume that helps? >> absolutely. it helps tremendously. we're getting what looks like, stuart, the best of every case here. so we're not going to get, because republicans will take the senate, we'll not get incredible tax hikes. we'll not get the green new deal. we'll keep things very good under president trump's administration, if president biden becomes president biden. that is the tax reductions and also the cuts in regulation. we'll get some type of stimulus deal. looks like we'll get all the good things we had in the economy. the good thing going forward in the stimulus deal. we're taking the things off the

table that would hurt the economy and the country going forward. at least in the eyes of the market. stuart: last one. 2000, when there was a 38-delay getting a decision on the presidency, i believe the s&p went down eight or 10%. but it went down. are we going to have a delayed and probably you know, disputed election period right now, is that going to hurt this market rally? >> i don't think so. i don't think so. what the market is trading on now, the fed will be incredibly come he h accommodative. you can buy back your own stock, making 2% on your money. it is advantageous to have low interest rates. the fed being so accommodative as they are. we'll get some type of stimulus, whether president biden or president trump, some type of stimulus. the economy and will be find no matter whether we find out tomorrow or a month from now. it is bad for the country if we

find out a month from now but as far as the economy i don't think it is. stuart: john layfield still surrounded by a giraffe over his shoulder and ming dynasty terra-cotta statue on the other. always good, john. see you soon. brad blakeman with us now. he has a smile. you heard my take on losers. press, pundits, polls, pelosi, schumer, identity politics all losers. did i leave anything out? >> these are not mistakes when polls are this wrong. everybody bought into the blue wave because it was propaganda. they wanted the american people to be snowed. the american people are a lot smarter than they were. and their voices were heard loudly. if democrats didn't learn a lesson, perhaps in two years they will repeat it in the midterms. in the midterms as we know it is

all about congress. and holding your job. and whether you're in a house or whether you're in a third of the senate, and it will be a referendum as they always are on the president but you know democrats tried to perpetrate a fraud on the american people and it didn't work. and democrats got left holding the bag. stuart: it doesn't look like the president has an easy time of it getting to 270 elook tomorrow college votes. in fact it looks like like an uphill struggle for him and easier for joe biden at this moment. what say you? >> there is no doubt about it. but you know, i wouldn't bet against this president at this point. there are a lot of things we do not know especially what is happening in the recount centers and tabulation centers in places like arizona and in georgia, north carolina, and of course pennsylvania. as we've seen, i'm a veteran of

2000 recount, 37 days in florida. i saw what was possible in defraud and deception after the election. the election is not over until a winner is declared. every candidate should use every tool available to them in order to assure there is a fair and free election in the end. i would not count out anything can happen. and the president is using his best judgment with his best people to make sure that this election is free and fair as best as possible. stuart: brad, i just want to straighten something out. the president tweeted this morning about an hour 50 minutes ago, he said stop the count. that was all in block capitals. does he mean stop all counting or just, just count only valid votes? which is it? >> count only valid votes.

as we've seen in pennsylvania and other jurisdictions ballots are going to be challenged are being separated. you can't count all the ballots make a challenge. you must segregate those ballots that you want voted. then you have to go to the proper court of jurisdiction in order to, you know, air your grievance and seek decision. we've seen it in many races around the country. this is routine in election cycles. of course gets more attention in a presidential cycle because the stakes are so big. but you know, there are irregularities out there. the question, do they rise to irregularities that make a difference? stuart: got it. >> in this case it might. stuart: i got to run, brad. look, thanks very much for being with us again. i will go back to money. a few moments we went above 500 point gain for the dow, up 477.

susan has the task, an easy task. find the winners. susan: today pretty easy. a sea of green out there. check out general motors first of all. strong demand for trucks and suvs. one of the best branded consumer brands. they are predicting 550 million 5g smartphones sold next year. stuart: that is a 5g play. susan: they make most of the chips that go in smartphones. iphones are one of them. that is a bullish signal for apple. apple up 3.25 percent. despite a bloomberg report shortage of chips possibly threatening the holiday shipments of iphones. stuart: thank you, susan. susan: i'm not done yet. stuart: i will introduce this. we have to be careful. did you find any losers. susan: that was hard to find. that is a good thing for 401(k)s, your money. zynga, mobile game-maker.

the problem the outlook was weak. biogen, huge, explosive 40% jump yesterday. that is a bit of profit-taking today. also we have hanesbrands, the underwear maker, make champion brands. selling pretty well. lifting sales. guidance was slow for the shopping period. stuart: that will kill you. down 20%. not good guidance. thank you, susan. it is thursday, 10:00 eastern mortgage rate time. lauren, have we got a new record low, tell me please? lauren: ding, ding, ding. record low 2.78% for the 30-year fixed-rate. comes from freddie mac. almost one full percentage point less from where it was this time last year, the 15 year stays at 2.32%. look we have the federal reserve meeting today. they have already committed to keep rates low and in a pandemic, when people want to, you know, move and buy homes,

these historically mortgage rates are takenning the housing market. stuart: i always like to go back to my first house back in san francisco, like 1977, 78, i paid 12 1/2% for a mortgage rate. i thought it was a bargain. i always do that when we do mortgage rates, but what a difference. 2.78%. lauren, thank you very much indeed. the dow is back up 500 points. reminder for the audience, please, noon eastern today, we'll get an update on nevada. that state counts for six electoral votes that could bring biden to 270. that's the magic number. in addition to nevada, pennsylvania, georgia, north carolina also in play. listen to this. >> how frustrating is it though that at least, 47, 48% of the american people who voted disagree with your vision, with

democrats vision, with joe biden's vision? >> the fact it is this close i think is a hurt. stuart: how could the population of america disagree with socialism? oh, my lord. joe concha is ready to sound off on that one. we will join us next. along with a all-star line up. this is the second hour of "varney & company." ♪ achievable steps along the way... ...so we can spend a bit now, knowing we're prepared for the future. surprise! we renovated the guest room, so you can live with us. oooh, well... i'm good at my condo. oh. i love her condo. nana throws the best parties. well planned, well invested, well protected. voya. be confident to and through retirement.

noand if you're troubledan a lifby falls and bleeds,ers. worry follows you everywhere. over 100,000 people have left blood thinners behind with watchman.

it's a one-time, minimally invasive procedure that reduces stroke risk-- and bleeding worry--for life. watchman. it's one time. for a lifetime.

stuart: presidential tweet just in. all caps. any vote that came in after election day will not be counted. the markets taking no account of that. we're still up 570. you might have thought a dragged

out election would hurt stocks. hasn't at this point. up 570. we're waiting for a press conference from the trump campaign coming up shortly from philadelphia. let's check the markets. no impact from presidential tweets at all. in fact we moved higher. we're close to 600 points up on the dow. close to 300 up on the nasdaq. close to 80 higher on the s&p. that is an election week rally and a 1/2. retailers, first of all, online guys, all of them nicely higher. check the rest of the retailers. they're all up as well. hard to find anything down today. tjx, macy's, lululemon, all of them on the upside. here is big winner in retail, that is costco. october sales up 16%. apparently this is all about pandemic stockpiling. the stocks are up 2%. susan: finding bulk at a discount is very popular. connell: free lunch to boot. >> take a look at alibaba. that is the loser at this

moment. what's the problem? susan: you know what, alibaba is having an impact, probably spurring the rally we've seen in the last few days. stuart: how come? susan: why? because alibaba was going to list their financial arm anchor, $35 billion in a record breaking ipo. small investors and investors around the world, raising cash to be in the record breaking inpo they had to sell stocks. that 3 trillion is going back into the stock market. stuart: 3 billion i think. susan: 3 trillion. stuart: what? susan: yeah. stuart: investors raised $3 trillion to put into am. susan: 3 trillion. did you not read "the wall street journal" this week? stuart: i thought they would raise 30 billion, billion with a "b." susan: the group was going to raise $30 billion for record

breaking ipo, but investors raised $3 trillion. the not everyone gets in pre-ipo. if you get a chunk, good for you. 3 billion is where you buy higher priced. stuart: got the 3 trillion together to jump in. susan: i would say part of that decline was because of that. stuart: money pouring in elsewhere. the dow is up 300 points. thank you, susan. the gap under fire for a sweatshirt that promotes unity. i want to hear more about this, lauren? lauren: let's see what the viewers think. gap, since deleted this tweet. a picture of one of their hoodies, half blue, half red. one thing we know together we can move forward. okay, what is wrong with that? i think the answer it is too soon. some say gap was trying to capitalize on national anxiety.

gap said they never intended to sell this hoodie. i think the message is, it will be so hard to bridge the gap after 2020, after this election season. gap tried. utter failure. stuart: isn't about some time people have a backbone, for heaven's sakes. you can't promote unity without, lauren, thank you very much indeed. listen how the media responded to the election, roll tape. >> how frustrating is it though, at least 47, 48% of the american people who voted disagree your vision, with democrats vision, with joe biden's vision? >> the fact that it is this close is a hurt. >> donald trump outperformed how most republicans performed among hispanics. so what is going on there? >> they're not finding biden votes all over the place, particularly not in those states. they're counting. stuart: did you see andrea

mitchell, unhappy that half the population doesn't support socialism? before you start, we got another tweet from the president, any vote that came in after election day will not be counted. okay? you know what happened. twitter already flagged this as misleading. go at it, joe. >> very quick when it comes to the president's tweets anything that comes from somebody on the other side of the aisle that is something different all together. that gap thing is incredible by the way. i put out a tweet yesterday saying i was against puppy mills and the mob came for me. you can't say anything positive anymore at this point on social media. the woke mob is incredible. look, this election has been crazy. go ahead, stuart. stuart: i just feel that, this election demonstrated the abject failure of america's media to inform america. i think they are some of the biggest losers in all of this. they're totally lost their

professionalism. you are a media critic. you follow this. am i going too far? >> no, you're not going far enough quite frankly. look, biggest mistakes that media makes is that we report polls as lead story as if they are facts. as if the 2016 election never happened and we didn't learn from that. i think it is intentional quite frankly in terms of ilk norring 2016, not listening to the devils and angels on your shoulder, wait a minute this, might not be accurate. look at the polls we saw going into this election, stu. biden plus 1212 nationally, cnn biden plus 12, michigan. cnn. up 10 in iowa. up nine in ohio. don't think that worked out too well. "washington post" abc, biden up 17 in wisconsin. 538, democrat investigation 70% chance of taking back the senate. all of these spectacularly wrong. i give frank luntz credit, if we

go in and get this wrong it will be devastating to the profession. poll goes out. media echoes it. the perception a landslide coming. like the montage, i keep saying anchors and pundits over and over again, repudiation. why wasn't this a repudiation on trump. give you a quick quote from joy reid on msnbc. she said in this moment it is aggravating. i do think we've been reporting for the last five years about russia, undermining our national security, impeachment, racism, nazis all of it, yeah, wow, people shut that off? people didn't see through the bs as if the mueller report didn't happen as far as russia and collusion? that is the thing. when you report on hourly basis four four years how horrible somebody is, be surpised a landslide didn't happen. it is this close who may win and who may lose. stuart: extraordinary. joe concha. thanks for bringing us up to speed on all of this. don't be a stranger. come back soon.

thank you. >> go gap. go girl scouts. stuart: big election day money went bust for failed presidential candidate mike bloomberg. ashley, he was a real big loser, wasn't he? ashley: really big, stu. after blowing through a cool one billion dollars in a short-lived presidential bid himself, remember that? the new york billionaire has made it his mission to boot donald trump out of the white house. turns out big dollars cannot buy big wins. bloomberg dumped $115 million to help joe biden beat trump in florida, ohio, texas. guess what? his candidate lost all three. in florida bloomberg spent $100 million to finance anti-trump ads, i can vouch for this seemed to appear every five minutes on any channel you watched. money was also used to target plaque and latino voters but in the end trump outperformed expectations in highly diverse miami-dade county. we've talked about that. and then the very few closing

days, bloomberg threw another 15 million at either swing states, ohio and texas. again he lost. bloomberg wasn't alone. democrats raised $315 million to decisively lose six senate races. they tried to flip races in iowa, kentucky, maine, montana, south carolina, texas but democrats ended up losing all six of those races. in most cases the results weren't even close. very quickly case in point, south carolina, democrat jamie harrison brought in a huge $109 million to unseat senator lindsey graham. only to go on to lose by 10 1/2%. i could go on with other examples. i won't. yes, michael bloomberg, a lot of money went down the sewer. stuart: ashe, a good round up. thank you very much indeed. ashley: sure. stuart: campaign filing lawsuits, this is the press conference about to start in philadelphia. the trump legal team, we're

going to take this are we taking this now? wait until they start? taking it now. this is update on what is happening in philadelphia with the trump legal team going after counting of the votes. >> good morning, we're hear this morning because we had a great morning at the appellate court. issued an order allowing immediate access for our team to observe the voting process. our team of 15 people will be sent in right now to observe vote counting process. this is very important. [inaudible] 30 to 50 to 100 people have -- [inaudible]. they had had a guy wearing a mask -- stuart: just going to inter result for a moment pam bondi. pam was on the show about 20 minutes ago, telling our viewers what she is now telling press conference in philadelphia, that

is, they have won an appellate court decision. they will be allowed in to watch the counting of the vote and they will be just six feet away from the people doing the counting. previously they got to stay 30 feet away. the judge says no, you're in and you're six feet away. you can see what is going on. that is the nature of what pam bondi is telling the press conference in philadelphia right now. by the way, corey lewandoski, the man who is about to address the cameras, he is on this show a little bit later. got to take a break. got to make some money. back after this. >> [inaudible] now is the time for a new bath from bath fitter.

every bath fitter bath is installed quickly, safely, and beautifully, with a lifetime warranty. go from old to new. from worn to wow. the beautiful bath you've always wanted, done right, installed by one expert technician, all in one day. we've been creating moments like these for 35 years, and we're here to help you get started. book your free virtual or in-home design consultation today.

♪. stuart: the state of wisconsin has been called for joe biden but president trump wants a recount. air own jeff flock is in milwaukee. jeff, would a recount actually change the results? reporter: well i don't want to say recounts never change election results but i will say recounts rarely do, especially when there is this much of a difference, 20,000 votes. here is the, regardless what you think is going to happen. here is the who, what, whereof it. who and where would this take place? the county boards. this would take place across the

state in each county. the county boards or canvassers would conduct it. technically the president can't ask for a recount until after december 1st. that is when the state vote totals would be certified. if it is less than a percentage point between he and biden at that point he can ask for a recount. if it is more than that he can't. seems clear it will be less than that. he would have to pay for it, however, unless, a quarter percent difference between them. that would be we think, based on last time recount was done, about 3 or $4 million. that is trump change. that is not a lot of money. not a big deal. what about the recount here in 2016 find? well you know, only state to have a recount in 2016, in the clinton trump race was here in wisconsin. in that recount, hillary clinton gained 713 votes. donald trump gained 844 votes for a swing of about 113. if he is pinning this all on a

recount in wisconsin, it was also no fraud or foolishness found in that recount f he thinks there is fraud, maybe the recount would uncover some of that but, if it is just a recount, there was no fraud, probably not going to happen. there you go. he has a lot of spaghetti flying at the wall, maybe something is going to stick. stuart: i hear you, jeff, what you're saying it probably won't make much difference to the final tally, more importantly, the recount wouldn't start until after december the 1st. that i think is a big deal. reporter: talking about dragging things out. that would be a problem. stuart: jeff flock, thank you very much indeed. i want to bring in gregg jarrett, fox news legal analyst. gregg, i was watching the giuliani yesterday afternoon, implying that the president's legal team has a case and the case they're trying to make is fraud. fraud in the electoral process. do they have a case? do you think there was fraud

committed? >> well it depends on poll watchers ability to actually watch. that's why there are laws allowing poll watchers and they have to have meaningful access under the law. so if they are 30, 40, 50, 100 feet away, in some cases actually ejected from the places where the votes are being counted, that is the antithesis of trans. >> translator: paren sy to protect honesty and fraud a poll watch hears to be within a few feet, look at the ballot, see the vote, see the tabulation, see the postmark on the envelope, see the signature. i'm glad to hear at least one judge stepped in, said they need to be within six feet. i was down there in florida for 40 days in 2000 during the election contest.

literally pole watchers assigned who were sitting across the table from the people counting votes. and counter would turn the ballot around and show it to the observer. so that is a sort of thing that instillconfidence in election results. not prohibiting poll watchers from being a short distance away from the vote counters. stuart: does it go to the supreme court eventually? >> well that is a second part of this equation. lawsuits have been filed in georgia and pennsylvania. let's take pennsylvania. the supreme court in that state elected democrats by the way, tore up the law passed by the legislature that said all ballots have to be received by the election boards no later than 8:00 p.m. on election day. these supreme court justices in pennsylvania, said, we don't care about the law, we're creating a brand new law.

they did it without authority by judicial fiat. they're justices. not lawmakers they were abusing their power. the republican party took it to the u.s. supreme court not once, but twice, unfortunately chief justice john roberts sided with the liberals wouldn't even hear the case although it is pending. yesterday the trump campaign filed a motion to intervene in the pending case before the u.s. supreme court. frankly this is an absolute no-brainer. pennsylvania supreme court has violated the law. what they did was unconstitutional and scotus needs to overturn it. stuart: gregg, let's see if the supreme court takes it this time around. greg, thanks for joining us. i'm up against a hard break. gregg jarrett, everyone. you have got to look at the market. this is an election week rally big time. we're up 573. susan, what have we got? susan: looks like the rally could continue, maybe another 4 1/2% for the s&p over the next

three months according to sundial capital. you can make a lot of money next quarter. stuart: if they're right. susan: historically that has happened going back to 1932. do you want to bet against history, stu? we did have for the first time in history the broader s&p rallying 1 1/2% on election day and the day after. that has never happened. why people are bullish on the markets. stuart: i feel like i'm being attacked. you're six feet away why you're being attacked, ah-ha. i can challenge. stuart: i can live with that. six feet apart. we should make it 12. four years after polls got it completely wrong they're dead wrong again. mike huckabee says these pollsters are as officially obsolete as eight-track tapes. that is a good line. that doesn't stop there he sounds off next. he is set to become the youngest member of congress, 25-year-old madison cawthorn. he is here with us. why it is time for new republican party. this is "varney & company."

♪

some things are good to know. like where to find the cheapest gas in town and which supermarket gives you the most bang for your buck. something else that's good to know. if you have medicare you may be able to get more benefits without paying more through a medicare advantage plan. call now to request this free guide. learn about plans that could give you more benefits from humana. a company with nearly 60 years of experience in the healthcare industry. humana offers a wide range of all in one medicare advantage plans that include medical and prescription drug coverage. plus valuable extras that may include the silver sneakers fitness program and mail order prescription coverage. with humana you'll have lots of doctors and

specialist to choose from and peace of mind, knowing you're covered for doctor's visits and hospital stays. plus routine physicals and preventative care all for an affordable plan premium and in many areas no plan premium. you'll also get zero dollar co-pays on telehealth visits, unlimited inpatient hospital stays, plus an annual out of pocket limit for added peace of mind. humana even rewards you for making healthy choices like staying on top of preventative care. many plans also include, dental, vision and hearing coverage. and when it comes to prescriptions, in 2019 human's medicare advantage prescription drug plan members saved an estimated 7,800 dollars on average on their prescription costs. so if you want more from medicare, call now to learn about humana medicare options that are good for your health and your wallet. a licensed humana sales agent will walk you through your options, answer any questions you have and help you enroll

over the phone. plans with a zero dollar monthly plan premium are available in many areas. call now and we'll also send this free guide. humana, a more human way to healthcare.

♪. stuart: regardless who ends up winning this election one thing is certain the polls got it absolutely wrong, certainly most of them did. mike huckabee, former governor of arkansas. i read what you said, polls are as useless as an eight-track tape. that was a good one. only you and i remember those things. make your case, governor. >> polling was not just wrong but it is has been embarrassingly wrong. it has been wrong for several election cycles. it is time to quit pretending polls mean anything. it is only a way people in the media are able to predict elections and suppress votes. i think polls ought to go out of business. they have shamed themselves.

they have disgraced themselves. they actually injured the election process by trying to influence voters because they are telling us what is going to happen. they tell us they're so wrong. polls are deader than elvis. yes he died in 1977. stuart: okay. wait a second, do you think it was deliberate? i noticed a lot of these polls were put out by media companies. >> yeah. stuart: the media largely is on the left-wing and they were all anti-trump. so do you think they were coming up with these polls, anti-trump polls deliberately? sounds like a conspiracy theory. what do you think? >> stuart, you are such a cynic. come on, man! i don't know. i can't absolutely say for certain. if you analytics for polls. they were overweighted for democrats. they were underweighted for trump supporters and underweighted for rural voters.

the methodology ever polling which worked 30 years ago, doesn't work today. people are on cell phones and not sit to spend 20, 30 minutes to answer detail questions from a total stranger. they're already getting bombarded by a bunch much calls about politics. they will not sit and do it. they will hang up. busy people especially aren't going to do it. only people maybe answering these things are folks with nothing to do but sit to or talk to a pollster because nobody talked to them all day long. stuart: what will we do to replace them. public wants to know about certain issues trending? >> why do we have a replace them. let the facts get out there, without somebody in the media telling them what to think. stuart: i would love to have a poll that backs up my opinion. >> i will give you one, give you one next time. something else we need to quit doing, projecting winners. i'm sick of it. projecting winners is absolutely a wrong thing to do. i will tell you why. first of all until the votes are

in and officially counted all of this is really just, to me, taking sourcerry and turning it into political theater. and because it does affect how people think and feel, it creates expectations. look, if i were king for a day, there would be a lot of things we would day, that would one of them. get rid of the debate commission. stop having a lot of things we do that are designed to influence people rather than inform people. the role of the media is to inform. it is not to try to tilt the scales. that is what they're doing. i think it is time to push back and push back hard. stuart: good king huckabee, that is a title you could live with that. >> a benevolent dictator, benevolent dictator indeed. stuart: the best kind i'm told. >> thank you. stuart: the stock market rally

is good news to for the bill is that. they have been the big winners since the election. lauren, who are we talking about, which billionaires? lauren: lauren: speaking of kings, amazon's jeff bezos and mark zuckerberg of facebook. they gained yesterday, because it was the best postelection day in the stock market in 120. 28 and $8 billion respectively, added to their net worth in one day. if you look all the billionaires in the u.s., they added $57 billion to their combined net worth. we've had the amazing rally. i did some math. the dow this week is up about 20,000 points. let me add something you have been saying the press got it wrong, polls got it wrong, investors got the election wrong too, they kept trading for a blue wave that didn't happen. stuart: okay. we're all winners now, aren't we? there are 100 million american

investors. lauren: that's true. stuart: they have done very well this week. lauren: 2,000 points. stuart: got to go. the producer is in my ear. protests in portland and new york city overnight. what happens if trump wins? will the protests get worse? there is a question. we're on it. nevada still in play. we expect to get news out of there very soon. we'll take you to las vegas live next. we made usaa insurance for members like martin. an air force veteran made of doing what's right, not what's easy. so when a hailstorm hit, usaa reached out before he could even inspect the damage. that's how you do it right. usaa insurance is made just the way martin's family needs it with hassle-free claims, he got paid before his neighbor even got started. because doing right by our members, that's what's right. usaa. what you're made of, we're made for. ♪ usaa

we're made for. ♪ ♪ since pioneering the suv in 1935, the chevy suburban has carried many things. nothing more important than family. introducing the most versatile and advanced chevy suburban and tahoe ever.

♪. stuart: nevada is one of the four states still in play and we could get some news out of there very soon. jonathan hunt, live in las vegas for us. jonathan, what are we expecting? reporter: well, stuart, in just a little over 30 minutes we are expecting a press conference to take place here right at the clark county election center. out front we expect to be ric grenell. he is a trump loyalist as you know, a former acting director of national intelligence. he will be joined by adam laxalt, former attorney general here in nevada and current co-chair of the trump campaign. what they are going to announce

is a lawsuit, and at the heart of that lawsuit is a claim by the trump campaign that as many as or perhaps even more than 10,000 votes were cast here in nevada by people who no longer reside here. so why is 10,000 important? well, if you look at the current state of play here, former vice president joe biden is leading president trump by something like 7600 votes. those 10,000 of course could be critical. we haven't seen the evidence that they will presumably have to back up this claim of 10,000 non-resident votes but adam laxalt was on fox last night. previewed the argument. listen here. >> we don't know how many bad voters there are in this giant stack. we also know that there are likely to be dead voters. we know there are likely to be people that have moved out of

las vegas but, their ballots were still cast. so we're looking into all of this. reporter: now, again we have not been offered as yet by mr. grenell or mr. laxalt any evidence to back up this claim, nor have we been given, stuart any reasoning why they would naturally assume that all 10,000 of those non-resident illegal votes that they claim they are would necessarily be going to mr. biden rather than president trump. meantime the counting goes on here. we're expecting a large dump of data in about one hour's time from the nevada officials here. in the meantime, the secretary of state says, quote, the counting of ballots in nevada is proceeding at the expected pace. the timeline for counting ballots in nevada legislatively approved process.

the process dictates all properly received ballots continue counted up to nine days after the election. so a very busy day here in nevada with that press conference announcing the trump lawsuit and more data coming on where the votes are headed. and it is critical. if you look at the fox count right now, decision desk says biden has 264 electoral college votes. he needs to get to 270. how many does nevada have, stuart? six. that puts him over the top. stuart: very accurate. six votes out of need. jonathan, thank you very much indeed. there is related story in las vegas. currently the lockdown hurt the strip and gambling places now we understand they're cutting hours? susan: park mgm hotel is closing weekdays temporarily because there are fewer tourists in town.

it only reopened at the end of september. midweek occupancy is low. closures won't go past december, if you go to the -- wynn on core closing monday and thursdays. these are some of the hotels you usually hit up. stuart: yes. susan: they have not been taking weekday reservations july. weekends for only two caesars property. that might impact voting, do you think? stuart: yes. susan: we have my unemployment. vegas strip is used to 4million visitors. people are losing their jobs. mgm laid off 18,000 already this year. stuart: i would have been in trump's favor because lockdown joe wouldn't improve the situation. open up trump would have. we'll see how the vote eventually goes. susan, thank you. what is this about pandemic fatigue? i am told that we're all tired of being couped up. we're desperate to break out. and so are we traveling, lauren? lauren, we are booking flights. we are going to go home for the

holidays to see our family and friends. it is called pandemic fatigue. we're taking a calculated risk to get on a flight to see the ones that we love. so bookings might rise more than we expected as we approach the holidays, stuart. stuart: those at that we love are members of our family. moving on. check the markets. we're up nearly 600 for the dow. we're up 275 for the nasdaq. we have a big hour coming up for you. elizabeth macdonald, madison cawthorn, corey lewandoski. california, this is for you. i think there is change evident in the formerly golden state. my take on that is next. what do you look for when you trade? i want free access to research. yep, td ameritrade's got that. free access to every platform. mhm, yeah, that too. i don't want any trade minimums.

yeah, i totally agree, they don't have any of those. i want to know what i'm paying upfront. yes, absolutely. do you just say yes to everything? hm. well i say no to kale. mm. yeah, they say if you blanch it it's better, but that seems like a lot of work. now offering zero commissions on online trades. we charge you less so you have more to invest. ♪ noand if you're troubledan a liby falls and bleeds,ners. worry follows you everywhere. over 100,000 people have left blood thinners behind with watchman. it's a one-time, minimally invasive procedure that reduces stroke risk-- and bleeding worry--for life. watchman. it's one time. for a lifetime. but when i started seeing things, i didn't know what was happening... so i kept it in. he started believing things that weren't true.

i knew something was wrong... but i didn't say a word. during the course of their disease around 50% of people with parkinson's may experience hallucinations or delusions. but now, doctors are prescribing nuplazid. the only fda approved medicine... proven to significantly reduce hallucinations and delusions related to parkinson's. don't take nuplazid if you are allergic to its ingredients. nuplazid can increase the risk of death in elderly people with dementia-related psychosis and is not for treating symptoms unrelated to parkinson's disease. nuplazid can cause changes in heart rhythm and should not be taken if you have certain abnormal heart rhythms or take other drugs that are known to cause changes in heart rhythm. tell your doctor about any changes in medicines you're taking. the most common side effects are swelling of the arms and legs and confusion. we spoke up and it made all the difference. ask your parkinson's specialist about nuplazid.

♪ >> so what voters said is we don't want radical change. i think this is a huge positive for the economy and the stock market in the months and quarters and years ahead. >> you know, after the election i hope a lot of things become less politicized and we can be smart again and we're not thinking about where it's going to land us in the win/loss column. >> i do. in fact, i think the president should be expected to win in arizona based simply upon the math. let's legally count the votes. >> we are going to win this

election. we have won pennsylvania, and we're following the law. ♪ look what you made me do, hook what you made me do -- ♪ look what you just made me do. ♪ look what you made me do, look just what -- stuart: i find the music interesting. [laughter] unique and unusual. >> you knew it. stuart: i know who taylor swift is, but i've never heard that before. that was interesting. it's 11:00, 11:01 here on the east coast. several astronauts continue to count -- states continue to count, we've got that. electoral college votes right now, 264, biden. 214 for president trump. now, in a few minutes the trump campaign's expected to announce a new lawsuit in nevada. we're monitoring it, we'll bring it to you when it happens. we've got a big show still to come. podcast host rob smith is with

us, congressman-i elect madison cawthorn, trump campaign guy corey lieu wan dow key all coming up -- lewandowski. now we're up 630 points on the dow industrials, that's 2.25%. and the nasdaq is up 2.5%, 300 points higher. this is election week, and that is a huge election week rally. now this. this program's been on the air for ten years. and for that whole decade, we've been making fun of the formerly golden state, california. dysfunctional, one-party government has reduced the state to rampant poverty, homelessness, blackouts, massive tax burden and a mass migration out of the state. california is no longer a vision of the future, it's a nightmare vision of the terrible policies of the past. however, there may be some light at the end of california's socialist tunnel.

voters decisively rejected the state's restrictions on independent contract workers. what a shock. californians will be allowed to work when they like and for whom they like. yes, they can work for themselves if they wish. that's a big government rollback if ever i saw one. in california, of all places. wait, there's more. californians rejected a proposition that would have increased taxes on commercial property. that was another anti-business initiative. it lost. so did a measure to impose more extensive aren't control. whoa, what a turn around. rent control. and, you know, it might just go further in the future. the state has to grapple with work from home. that's going to push a lot of highly paid people out, eroding the tax base. they're going to deal with it. they might have to do something about the lockdown. are californians going to stand for thanksgiving dinner outside with no singing or shouting? lighten up, governor newsom. that thing about wearing a mask between mouthfuls just makes you

a laughingstock. it will be a long time before a republican wins a statewide election, but on tuesday california republicans did win back several house seats. in california the times may be a-changing. i hope. the third hour of "varney & company" is about to begin. ♪ >> yeah. stuart: you've got to concentrate on the markets, folks, because this is extraordinary stuff. dow is up 600, nasdaq up 300. hook at the s&p -- look at the s&p, up 80. it's been a spectacular week, and it is election week. look who's here, jason katz, managing director at ubs. in a nutshell, can you tell us what's behind this extraordinary election week rally? >> stuart, we are making lemonade out of perceived lemons.

i mean, we've been talking about since this summer, you and i, the importance of this senatorial election. so very simply put, no divided government equals no onerous taxes, no draconian regulations. that, in a nutshell, is why you've seen nearly a 7% rally over the last two days. stuart: and that's the big deal here, divided government is the big deal. but what about the federal reserve? jerome powell, he's going to speak today, we believe. what's he going to do, print money therefore? is that what you're expecting? >> i mean, look, federal reserve chairman powell has been, arguably, the most vocal advocate of more fiscal stimulus. so you know you're going to get a dose of that today. he is going to keep rates low for long on the short end. there was a rise in rates heading into the election because we thought we'd get this big blue wave and a $2.2 trillion stimulus package. stimulus is back on the table.

mcconnell's tone has definitely been conciliatory. but with rates now on the long end likely to remain low, that bodes well for stocks. plus, the fed has other tools. they could yield curve control, buy long-ended treasuries to help fight this pandemic and keep mortgage rates low. i heard you talking about that earlier today with susan. stuart: on the program in the recent past, you've talked about i think it was $5 trillion cash liquidity sitting on the sidelines around the world. could we conclude that some of that $5 trillion around the world is now funneled into wall street, into the united states? can you say that? >> well, clearly that's been the case at least in the last few days. there's still the an abundance of liquidity. a lot of investors, especially a lot of professional investors, have been caught wrong-footed here. so if you think about a regime of very reasonable taxes that aren't likely to go higher in the near future, rates that are anchored at these levels, bond

returns that after inflation adjusted are negative, where else are they going to go? that doesn't mean you blindly buy equities here, but clearly equities catch a bid and have some support at these levels giving that backdrop. stuart: i'm feeling a bit more safe in stocks at this level. that's the way i would put it. last word to you, jason. >> look, i would say that you want to be mindful of the risks that still remain. the virus are is still running rampant, west virginia yet to get this -- we've yet to get this next fiscal stimulus package. we've seen a mini parabolic rise in the market. i wouldn't just blindly be chasing what's working in the last few days. there's other places in this market that now have value. stuart: i'm chasing nothing right now, i'm sitting back and enjoying the gains. jason, we appreciate it, we really do. >> thank you. stuart: i've got a huge number for you here, listen to this. a record, left-hand side of your

screen, 150 -- actually, it's 158.9 million people turned out to vote in this year's election. that's about 20 million more than in 2016. liz macdonald is with us, and she's the host of "the evening edit." liz, that's an enormous number. what does that tell you about politics and the election we had tuesday? >> it is big number. it's the most voters that we've seen in history turning out to vote this election. it's bigger than the population of entire countries in asia. so, you know what? people are upset about covid, their upset -- they're upset about jobs, but more so, stuart, they care. they came to the ballot box because they cared. and i hear, you know, people in europe and overseas are making fun of what's going on in our elections. you know what? it's rare to see 160 million people come out to vote. stuart: yes. >> it's the sense, i almost feel, stuart, it's like a sense of civic duty because voter

turnout has been poor since the '60s after the vietnam war and martin luther king, bobby kennedy was assassinated, the nixon area. but now they're stepping up, and what's really encouraging is to say what hispanics are saying, the ex-pats in cuba and venezuela. they see the rhetoric here and the talk in the democrat party, they don't like it. they don't like hearing insuring equity of outcomes, packing the court, change the country's history. they saw that happen in their home countries, they said, wait a second, u.s. this is a wake-up call. you've got to listen to our experiences and what our families endure i think that's an encouraging sign that we we had more voter participation -- stuart: absolutely. you are so right on that, liz. it's just such a pleasure to see all these people turning out to make a point. >> right. stuart: now, speaker pelosi, she's lost some of her majority. not all of it, but she's lost some of her lead in the house of representatives. she's lost five seats, maybe more. do you see she's rattled?

where do you get that from? >> yeah, i think she is rattled. we're tracking the d.c. sources saying that and what people inside the democrat party themselves going on the record saying, wait a second, we've got to take a check and take a look-see on what's going on with our leadership. so this is the smallest house democrat majority in about a generation, in about 18 years. and, you know, they expected -- they had a bullish prediction, pelosi and the democrats said they were going to gain anywhere from 10-15 seats. now they've actually lost 7 seats. and so now you're seeing a lot of talk about, well, should nancy pelosi stay in the house majority -- as house spooker, rather, and -- speaker, and that debate now firing up on the democrat side. they're talking about putting in hakim jeffries, democrat of new york, he's one of nancy pelosi's lieutenants. so we'll see that unfold as, you know, there's still a lot of races that have to be called. but right now the democrats are

not feeling so good that they lost both the senate and now their majority, it looks like a shake-up in the house democrats as well, stuart. [laughter] stuart: i can see you smiling there, liz. i can see you smiling. [laughter] >> it's always entertaining, right? stuart: it is, it really is. i'm having fun, i've got to tell you. elizabeth, we'll be watching you tonight, 6 p.m. eastern on this network. got that. now, back to the markets because you've got to cover money when you're making money like this. what's responsible for the big moves today, in your opinion? >> big tech, and, of course, the bug five as they call them. look, the markets are on track for their biggest weekly rally in eight months, and where is the money row tating to? big tech, of course, and apple, amazon, facebook, microsoft and google, 25% now of the s&p 500, highest ratio in close to 40 years. so as they go, so goes the broader market. you know the dow is 4% away from

record highs again. if we close above with a pop of 690 points, we are up on the year, something we haven't seen for a while. so divided congress actually means there's going to be less regulation, more stimulation and lower taxes. and here's, i would say, the edge and the new gold as i call it, the most momentum of any momentum e plays. dud you see what happened to bitcoin in the last few minutes? 15,000 for the first time since january 2017. remember 20,000 at the end of 2018? we haven't tested that level, but some say we're going there and beyond. stuart: up $1200 in a day, 8.5%. that is a rally in the bitcoin. we're only just getting started, folks. still to come, dan henninger is here. he says mail-in voting was a disaster. maybe i'll challenge him on that. let's see what he's got to say. but first, black support for president trump jumped four points from 2016. rob smith says he's not

surprised. rob smith is next. ♪ ♪ life changes, you can't just with -- ♪ you never know what's gonna happen ♪ (vo) i'm a verizon engineer and today, we're turning on 5g across the country. with the coverage of 5g nationwide. and, in more and more cities, the unprecedented performance of ultra wideband. the fastest 5g in the world.

it will change your phone and how businesses do everything. i'm proud, because we didn't build it the easy way, we built it right. this is the 5g america's been waiting for. only from verizon. ♪ ♪ since pioneering the suv in 1935, the chevy suburban has carried many things. nothing more important than family. introducing the most versatile and advanced chevy suburban and tahoe ever. but when i started seeing things, i didn't know what was happening... so i kept it in. he started believing things that weren't true. i knew something was wrong... but i didn't say a word. during the course of their disease around 50% of people with parkinson's

may experience hallucinations or delusions. but now, doctors are prescribing nuplazid. the only fda approved medicine... proven to significantly reduce hallucinations and delusions related to parkinson's. don't take nuplazid if you are allergic to its ingredients. nuplazid can increase the risk of death in elderly people with dementia-related psychosis and is not for treating symptoms unrelated to parkinson's disease. nuplazid can cause changes in heart rhythm and should not be taken if you have certain abnormal heart rhythms or take other drugs that are known to cause changes in heart rhythm. tell your doctor about any changes in medicines you're taking. the most common side effects are swelling of the arms and legs and confusion. we spoke up and it made all the difference. ask your parkinson's specialist about nuplazid. ♪ ♪

♪ this is the feeling of total protection now that we protect your identity, and mobile phone, as well as auto home and life you've never been in better hands allstate click or call for a quote today you've never been in better hands allstate i feel like we're forglet me check.ing. xfinity home gives you peace of mind from anywhere with professionally monitored home security built around you. no, i think we're good. good. so when you're away, you don't have to worry. the tent. we forgot... the tent. except about that. xfinity home. simple. easy. awesome. hey look, i found the tent! get xfinity home with no term contract required. click or call today.

♪ ♪ stuart: why do we keep covering the market? because you're all making money, that's why. the dow's up 600 -- susan's halving at me -- nasdaq's up 278 and the s&p is up 75. we will take that. >> channel patience if you will. [laughter] stuart: president trump's support among black voters hit a reported 12% in this election, about 4 points higher than 2016. rob smith is with us, he's a veteran, he's an author, and he's a podcast host to boot. i don't think you were surprised by that number, the 4-point

increase. i was a bit disappointed. i thought it might be more. what say you? >> well, you know, i think that there were a lot of people that were projecting, oh, you know, trump's going to get 20 and 30% of the black vote. that was always a little bit extra, i think. [laughter] but i think these are good numbers. let's break it down a little bit, right? he has increased the black vote by 33% from 2016, the black male vote went from 13% to 18%. he's doubled the black female vote from 4 to 8%. now, these numbers don't seem high, but while we see how contested the election is right now and how thin these margins are, when you make that sort of headway into any group, that is definitely a really good sign. and when you take into the capacity that president trump got the most voters of nonwhite citizens since 1960 for a republican candidate, that is huge. that means that the message is getting out there, that means that people like katrina pierson and paris dennard and all of the people that are on the black

voices for trump board that have worked so hard to get this message into the black community should see this as nothing but a success and something to keep building on whether it's trump for the next four years or whether we're just building this gop coalition for, you know, the next two decades. stuart: let's get real for a second, rob. >> yes. stuart: do you feel welcomed into the republican party? more black folks in the party, more hispanic folks in, are you -- do you feel welcomed? >> i really do, honestly. like, look, i just came off a book tour for my book, "always a soldier," i'm going back on, and i speak to places all across the country. i go to republican groups in colleges, i was just in hawaii last week, and people love this new diversity and this fresh, new energy in the party. i think that it energizes them, i feel completely welcomed. my podcast this week's episode is saying why this black gay man

voted for donald trump. i encourage you all to download and subscribe. but i talk a lot about how welcome i feel in the party right now. and the party is very open to this new emergency because, if not, they wouldn't have made such a concentrated effort to reach out to these black voters which is, obviously, working out. stuart: okay. let's talk urban disturbances. there was a riot declared -- you're smiling but, you know, we've got to talk about this. >> yeah. stuart: a riot was declared in portland, oregon, overnight. in new york city, rough lu 50 people arrested during election protests here in the city. now, what happens if trump wins? because a lot of people are saying, well, that's simply -- the cities are going to explode, meaning inner city people will explode in rage. do you think that happens? >> i really do. like, look, biden voters that have been rioting over the past six months have told us exactly what they're going to do, they've shown us exactly what they're going to do as they have destroyed communities, as

they've looted, as they've rioted, exploded in violence. and that is exactly what will happen. but we have to make a point that this will only happen in cities whose police officers are not empowered by their leadership. so what i'm saying that this is only going to happen in cities with weak leadership like, unfortunately, new york city. de blasio's an absolute disaster. portland is antifa central, seattle. so this stuff is going to happen in those types of cities. now, i'm in the great astronaut of florida, and i love it in florida because florida police officers are empowered to do their jobs, and we don't see these explosions of violence, rioting and looting. stuart: what's the name of your podcast? >> the name of my podcast is rob smith is problematic, and i've got problematic takes on everything every single week. stuart: what's the name of your book? >> "always a soldier: service, sacrifice and coming out."

stuart: listen to the podcast and buy the book, is that correct? >> that is correct. [laughter] stuart: it's commissionable to me if i increase your viewership and readership. >> i don't know, stuart. i don't remember signing that contract. stuart: oh, man, you're sharp. all right, rob, we may see you again on this program, who knows? [laughter] >> who knows? stuart: how about this one? how to move to canada. apparently, that was trending on google on election night. lauren, i hear it's not so easy. [laughter] >> it's not so easy. it was trending along with coffee and booze. yeah, well, because of the covid-19 pandemic, the border, the northern border has been closed for nonessential travel for about eight months and, basically, the only people who are allowed in canada are permanent residents, staying for more than two weeks or, like, immediate family members of

citizens. you can't go there. but four years ago a lot of people wanted to, and it was much easier then. but look at this list, chelsea handler, snoop dogg, miewlly cyrus -- miley cyrus, cher, i think they're still here, stuart. when it it was easier to go to canada because their candidate didn't win, they never went. stuart: i think i said if elizabeth warren made treasury secretary, i might consider going back to england. but i never said that publicly -- >> i don't think it's going to happen. stuart: i'm a lifer. i'm an american, that's the way it is. [laughter] thank you, lauren. thank you very much. stop laughing. >> how many years is that? stuart: i've been here 46 years. >> how many years left? stuart: left in my life? [laughter] u.k. starts lockdowns today. ashley webster is with us. this is not going to go down well in britain, is it, ash? >> they're closing the pubs!

[laughter] there are few things that send a shiver down the spines of brits. this is one of them, pubs closing for a month as of today. all part of an effort to try and stop the spread of the virus. the u.k. does have currently the third highest infection count in europe after france and spain, so last night pubs were absolutely packed. i'm sure that wasn't great for their plans, but they were across the country as people downed a pint or two ahead of the lockdown that began just after midnight. by the way, bars were with offering some cheap booze, as low as 99 pence a pound of about $1.28. that's because some of these i'lls have to be -- ales have to be poured down the drain before they can reopen again. during the first lockdown in the u.k., some brewers found other uses for beer including organic fertilizer for farming -- [laughter] as well as animal feed. i'm sure there are a lot of happy cows. stuart: that was very good, ashley. very good, indeed. [laughter] you hit the nail on the head

right there, lad, you really did. [laughter] all right, dow's up 570. i thought it might be coming, legal challenges to the election process, and it's here. election chaos, some would call it. we have live coverage in pennsylvania and wisconsin. all that's coming up for you. "wall street journal" guy dan henninger says mail-in voting is and has been a disaster. he's going to explain that one. i thought it was a successful we'll be back. ♪ i will wait, i will wait for you. ♪ and i will wait, i will wait for you ♪ our retirement plan with voya gives us confidence. they help us with achievable steps along the way... ...so we can spend a bit today, knowing we're prepared for tomorrow. wow dad, do you think you overdid it maybe?

i don't think so... what do you think, peanut? nope! honey, do you think we overdid it? overdid what? see? we don't think so, son. technically, grandparents can't overdo it. it's impossible. well planned, well invested, well protected. voya. be confident to and through retirement. noand if you're troubledan a lifby falls and bleeds,ers. worry follows you everywhere. over 100,000 people have left blood thinners behind with watchman. it's a one-time, minimally invasive procedure that reduces stroke risk-- and bleeding worry--for life. watchman. it's one time. for a lifetime.

♪ ♪ stuart: let's give you the state of play. biden has 264 electoral college votes, he needs 270. the president has 214. he needs 270. nevada, pennsylvania, alaska, north carolina, georgia all up for grabs as of now. we've got live coverage of all this. grady trimble's in philadelphia, and jeff flock is in wisconsin where the president has called for a recount. jeff, we'll start with you. state the -- astronaut of -- state of play. >> reporter: question is will the recount do him any good. the other thing he has called

for through his lawyer yesterday is to look into the, quote-unquote, irregularities in wisconsin in terms of the counting of some of the ballots. you know, that's something that really raised the hackles of election officials here. take a look at what they said in response to questions about the vote here. the election official in wisconsin, top one saying i think it's insulting to our local election officials to saw that the election was anything but an incredible success. it was the result of years of preparation and meticulously, carefully following the law. you've got any questions, bring them to us, any evidence. stuart, as you know, we watched the counting process. we reported on that on this broadcast the day after the election. giuliani has talked about 120,000 votes, mail-in votes found overnight for joe biden in milwaukee. we watched the counting process. it was actually 170,000 roughly mail-in ballots, 120,000 roughly

went to biden, and the rest went to trump. that's about 70/30, and that's about the same percentage that hillary clinton got in milwaukee last time. doesn't seem like an irregularity. if they've got more evidence, they ought to bring it forward, but that was the state of play in wisconsin. it goes on. stuart: fair enough. jeff flock, fair enough. if that's the state of play, we've got it. we appreciate it. let's move on to grady trimble in philadelphia. grady, i'm surprised to hear this, the ballot counters have gone home for the day? what's with that? >> reporter: that's on the other side of the state from where we are in allegheny county, and that is right, there are protests going on here in philly. but in pittsburgh there are 35,000 mail-in ballots that still have to be counted, but the county administerrers say they are not going to be counted today. instead, those who worked in the election there are working -- excuse me, sir.

don't flip our camera off -- stuart: okay we'll get out of this. sorry about that, grady, but we're not having that, and we appreciate the way you dealt with it. >> reporter: that's in allegheny county. here in philadelphia, as you just saw, it has been quite an interesting morning here. we have these anti-trump protesters who are arguing that every vote should be counted. on the flipside here, you can see a large group of supporters of the president, and they're arguing that votes should not be counted if they were received after november 3rd. and this is the scene where pam bondi addressed the press this morning. we want to play that sound bite because that gave them permission to watch the ballots being counted inside this building from just 6 feet away when before they were being kept 30 feet away. she says this is a victory not just for the trump campaign, but even for these counter-protesters. listen to that.

[background sounds] >> -- across the street, you should be allowed to -- [inaudible] our voting process. all parties involved. >> reporter: and across the astronaut of pennsylvania -- state of pennsylvania, still 700,000 mail-in ballots to be counted, that's about 30%, and we do apologize for the profanity. it's live television and it's a ruckus crowd, stu. stuart: on the contrary, grady, i think you handled it very well. well done, young man, congratulations. all right. i'm going to put up on the screen a headline from the "wall street journal." it reads "the covid-19 election, the pandemic gave joe bide an issue to run on and gave us the mail-in vote fiasco. dan henninger wrote that, and he's with us now. what's this? the mail-in voting was a fiasco e? honestly, dan, i'm sorry, i thought it was a success.

what do you have, 60 or 70 million people voting by mail? i thought that was a success. >> it doesn't look like a success to me, stuart. i mean, i think their, the idea that they're going to be able to accurately count that much mail-in ballots, to me, and to do it on time and not simply extend it out into the indefinite future as some of these states have wanted to do, those cases have gone to the supreme court, the postal service always said that they were not going to be able to get all of these mail-in ballots delivered in time. and in addition to that, stuart, i don't like the idea with -- idea at all that under the panic of the coronavirus, we had people voting a month or so before the election. elections end when they end, and this one, as we know, had joe biden in the final debate making the mistake of saying he would transition us out of oil which affected votes in pennsylvania

and texas. so these elections aren't over until they're over normally, and the idea that we should normalize allowing people to decide how they want to vote a month or so ahead of time, i think, leads to robotic partisanship of the intensity we just witnessed there in philadelphia. stuart: you know, dan, i i think you're absolutely right there, i do. but, however, i can't see it going away. four years from now or two years from now people will still want to mail in their ballot because it's so much easier. i don't think it's going away. what say you? >> if it's not going away, stuart, then i think perhaps congress, the law urn congressional authority -- under congressional authority over presidential voting is ambiguous, and perhaps congress should finally step in and regularize the way these elections, presidential elections are conducted rather than having 50 separate withdraws of doing it -- ways of

doing it so that close elections like this one whether in north carolina, michigan, wisconsin, nevada, arizona, you have these endless battles over when the election should be over, when mail-in ballots should be counted, when they should be mailed in. perhaps congress should regularize that process if we're going to do it again. stuart: fair enough. dan, i think you've got a point there, and i think i was wrong. i don't often do that kind of thing on live television, but i think i was wrong. [laughter] dan henninger, you are all right. thanks for joining us. [laughter] >> strange times. stuart: strange times indeed, that's for sure. dow's up 547 points. that's the best part of 2%. the nasdaq is up 2.5%. it's another rally. have we we got something on this one, susan? >> yeah, let's talk about earnings because the fact that corporate america's doing very well, helping this rally, is something we shouldn't miss as well. this morning we woke up to stronger earnings from the likes of qualcomm, they're the chips

that go into virtually every smartphone in the world, and expedia reporting a smaller loss, so we know travel coming back which i think is encouraging. and i know this is your favorite, match group9 and the tinder owner because more people are signing up for tinder and paid services, 6.5 million used the -- stuart: okay. i'm not going to get into tinder and all the rest of it, but i am going to say that the you are right in the fact that we've talked about the new stimulus package that mitch mcconnell wants, divided government, the fed all helping the market, and you're right. so, too, corporate earnings. >> yeah. 87% have beaten on profits, making more money than anticipated, 82% reporting higher sales than anticipated. and if you have a divided congress, lower taxes, less regulations, that's a good thing. stu stuart you've got a rally as a result. now, nevada expected to give an election update in just a couple of minutes. if joe biden wins nevada, the election could be over. we're going to dive into that one for you.

25-year-old madison cawthorn about to become the youngest congressman in modern history, and he says it's time for a new republican part. that man with us after this. ♪ the dog days are done. ♪ can you hear the horses 'cuz here they come ♪ we love the new apartment. the natural light is amazing. hardwood floors. there is a bit of a clogging problem. (clog dancing) at least geico makes it easy to bundle our renters and car insurance. yeah, helping us save us even more... for bundling made easy, go to geico.com

stuart: we're breaking in to show you ws going on in las vegas, nevada, at the moment. that's a press conference about the election and what the trump team's doing. listen in, please. [inaudible conversations] >> but the reality is, is that transparency is not political. ballots are not automatically legal votes until they're checked. we are not being allowed to check. the harry reid machine recklessly threw ballots into the mail, and now we cannot check whether or not there are non-residents, which we have evidence, publicly-available evidence that you all in the media should be also looking at,

publicly-available information that non-residents have voted. there is a 30-day residency requirement in the state of nevada. if you haven't been in the state for 30 days, it is illegal to vote. reporters have a responsibility. the fact is we are filing this federal lawsuit to protect legal voters. it is unacceptable in this country to have illegal votes counted. and that is what's happening in the state of nevada. we've asked clark county for answers, they have no answers. they continue to count illegal votes. that is unacceptable, and it's giving legal people a sense that

the system is corrupt. we have to have a system where legal votes are cast. what the harry reid machine has done is throw out recklessly ballots, and now they don't want us to check those ballots, and we are seeing discrepancies all over. we are asking clark county to give us answers. all of your questions about the details are legitimate questions, and they should be asked of clark county because the clark county officials are silent. they are not giving us any answers, and they continue to count these illegal votes. ballots versus legal votes. that's what we're talking about. it is unacceptable in this country. [inaudible conversations] stuart: what you're seeing now, left-hand side of your screen,

that is in las vegas, nevada. you just saw ric grenell, and what they're talking about here is the conduct of voting in nevada, and they're saying that they're going to have a legal challenge to it to check out the conduct of voting. i want to bring in right nowed hadson cawthorn -- madison cawthorn. welcome total program. you're joining us at a very convenient moment. you are the youngest congressman in a hundred years. i want to know what you think about this lawsuit, this series of lawsuits that the trump campaign is mounting on the electoral place. what's your opinion on this? >> well, stuart, you know, i am very thankful that my generation, the one i represent, of the coming conservatives, i feel like we've had our collar taken off, and we're here to fight. and so i'm glad that we have a president who's not going to just take these hits on the chin, but he's going to file these lawsuits to fight for the soul of our country. i really believe this election

is the fate of our children's children. stuart: you say you want a new republican party. spell it out for me, what kind of new republican party? >> well, you know, we always talk about the republican party how we want a bigger tent, which i think is absolutely correct. i want us to welcome all people of every race, creed and color. but i also believe that we need a bolder tent. i think that for far too long the establishment republicans have acted with timidity on issues of the day whereas we should be leading the country with great, thought-provoking ideas that give people hope and give some people something to rally behind. and so i believe that the republican part needs to start defining what we believe in and winning the argument with the american people. stuart: what to you -- give me something that you absolutely, positively believe in very firm lu, one thing. -- firmly. one thing. go. >> the first amendment. i believe that people in the united states of america to have a robust and free citizenry need to be able to defend themselves, and they need to be able to

speak out against tyranny. i think right now, stuart, i think you'd agree with me, that there is far too much corruption in washington d.c. stuart: well, it's not just corruption in a financial sense. i think our democracy's corrupted by the political correctness which cancels people out. you don't like their point of view, they're out. it's a suppression of free speech. i think that's what you're getting at, because you youngsters, you've been in college, and your free speech has been suppressed, and it would be wonderful to hear you come out and oppose that. >> you are absolutely correct. and, you know, i genuinely believe that, you know, in america today the new town square is the digital town square with on social media. and so i'm very happy, you know, you saw senator ted cruz speak to the twitter ceo and just ripping him apart i saying who elected you? because i believe right now that these publications, they're technically platforms, but they should be treated as publications by the government because they're starting to

censor what we can and cannot say. and i genuinely believe that if we continue to allow, one, culture and just the mobs be able to cancel people out and intimidate people who have a different point of view and these social media platforms to be able to censor what's on their platforms, then i don't believe we'll be able to have these difficult conversations that america needs to have to continue to stay free. stuart: madison cawthorn, i think you're a huge asset to congress and an asset to this program, and we're very happy to see you on it and with us. appreciate it. >> stuart, it's an honor. hope to be back on soon. stuart: you got it. [laughter] what you've been looking at, left-hand side of the screen, is an ongoing conference there in las vegas, nevada. we have the trump campaign objecting to the conduct of the voting in nevada. they want to do something about it. they're saying that illegal votes have been counted, and that is illegal to count illegal votes. meanwhile, a judge has dismissed the trump campaign's lawsuit in

georgia about the campaign and the process of voting there. a judge has dismissed the trump campaign thing. and earlier this morning we did is have an all-capped tweet from the president, stop the count. so, obviously, there's a lot going on with lawsuits and voting and counting. all of that is happening as we we speak. i think we're going to take a short commercial break, and i think -- i hope -- we've got corey lewandowski on the other side of this. more on these legal challenges. we'll be back. ♪ i got new rules i, i'm counting ♪ when you switch to xfinity mobile,

you're choosing to get connected to the most reliable network nationwide, now with 5g included. discover how to save up to $400 a year with shared data starting at $15 a month, or get the lowest price for one line of unlimited. come into your local xfinity store to make the most of your mobile experience. you can shop the latest phones, bring your own device, or trade in for extra savings. that's simple, easy, awesome. visit your local xfinity store today to ask, shop, discover the latest on xfinity mobile.

and if we win, we get to tell you and doug. how liberty mutual customizes car insurance so you only pay for what you need. isn't that what you just did? service! ♪ stand back, i'm gonna show ya ♪

♪ how doug and limu roll, ya ♪ ♪ you know you got to live it ♪ ♪ if you wanna wi... [ music stops ] time out! only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ ♪ ♪ stuart: corey lewandowski joins us right now. he is in philadelphia challenging the election process. now, corey, i understand that you won a legal battle. you can now be just 6 feet away from those doing the counting. that's a win for you guys. but does it really make that much difference? >> well, stuart, let me tell you what's really going on. we did win a legal battle, and we have an injunction from a judge that says we can be 6 feet away. we're here in the convention center in philadelphia, and the people of philadelphia who were

running this election refused to honor the judge's order. they're continuing to not give us the access to these ballots. this flies in the face of democracy, this flies in the face of the judge's order, and the attorney for the city said they're going to evaluate, stuart, the judge's order. i don't know how you evaluate a judge's order. it is crystal clear, take down the barricades and let the people with the legal authority go inside and observe this process to take place to do so. they have said no. we've now called the county sheriff. there may be a law enforcement requirement here, stuart. this is what they're doing to try and steal this election. stuart: you believe that some of the counting is not quite right, is that what you're saying? >> stuart, what we're saying is we have no ability to actually see what they're doing. we don't know if these are postmarked, we have no ability to see the ballots, we have no ability to verify anything. this is the only city in america where they're counting this hours a day -- 24 hours a day. in the world of covid-19, they're finding a way to count

ballots 24 hours a day. it's amazing what they're doing here. i'm physically standing in the courthouse right now, we are fighting for donald trump. we deserve and have a legal authority to have access to this counting process, and they continue to refuse to let us in. stuart: the president tweeted this morning in all caps, stop the count. do you want to stop the count in philadelphia? >> well, stuart, we want to know what's going on. we want every legal ballot counted. but this president is up hundreds of thousands of votes, and every, like, three hours they do something called a ballot dump. i've never heard of that before. they just pour more ballots in, they decide how many they need, there's no way to verify this those are accurate or not, and they stopped the counting originally so they could find out how many ballots they needed to produce in order to steal this election. it's shameful. democracy dies in the dark, stuart. we need to do better. stuart: am i right in saying that at this moment president trump leads in the pennsylvania vote by roughly 650,000, but

there are another 1.3, 1.4 million mail-in ballots still to be counted? is that accurate? >> stuart, it's accurate. and more than that, they wouldn't tell us how many outstanding ballots there are. donald trump is the victor in pennsylvania. we were here yesterday s and we declared pennsylvania a victory for donald trump, and you've seen now that even one of your competitors, i won't say which one, just declared that arizona is going to fall for donald trump which means once we win here in pennsylvania, donald trump is the president of the united states for four more years. stuart: fascinating. corey, you're feeding the news to me, and i appreciate that. we got you just at the right moment, right in the middle of it. thanks for reporting to us, corey, we really appreciate it. >> thank you, stuart. have a good day. stuart: yes, sir, thank you. wow, breaking news on the air. good stuff, indeed. con floppation -- confrontation right there in philadelphia. check the big board, up 1.86% on

the dow, 28,365. and we will be back. ♪ ♪ if you hold on for one more day. ♪ can you hold on for one more day? is. ♪ things will go your way. ♪ hold on for one more today 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. . . . . deserve forward-thinking solutions. and that's what we deliver. so bounce forward, with comcast business.

♪. stuart: let me recap what corey

lewandoski told us. he was standing outside of the convention center in philadelphia where they're doing the counting. early this morning an appellate court judge had given the trump campaign the right to go into the arena and watch the counting from a distance of six feet. not the 30 feet originally, but no, six feet. well corey lewandoski tried to take his team inside. they were rejected. the counter said no you can't commit. you can't come in. corey lewandoski was waiting out decide. he is wait for the sheriff to arrive to enforce the idea that he can go in to watch the count. that happened. interesting developments on the legal front right there. quickly, tomorrow is friday. therefore, it is "friday feedback." we want to get your messages on the air, please. send it to varney viewers at foxbusiness.com. email, just send it along, please. susan: he know.

stuart: do that modern stuff. don't write us letters. markets are up big time. we lost a little of the rally in the dow but we're still up 500 points. what a week it has been. the election, the aftermath. a market rally. neil. it's yours. neil: stuart, thank you very, very much. you're quite right. i think big thing for the markets no matter what happens on the presidential election front, no matter how long that drags on, seems we'll have a republican senate that will be the stopgap if you are in the business and market world you're worried about anything that could disrupt that. might be a leap of faith here but the fact we're looking already at the fourth triple digit dow gain in a row. so we're all over that. we're also all over what is going to happen in the key states updating their results. griff jenkins with wilmington, delaware with how biden folks are responding to all of this.