i wonder who wrote that. anyway, bottom line is someone messed up big-time. if you've got someone that creative, listen to him, maybe take what they have to do in stride. happy thanksgiving to everyone. hope you are safe and well. don't forget, you got another hour to trade. perhaps make a little bit of extra cash before eating that turkey. liz claman will walk you through the next hour. liz: yeah. would it surprise you that sherwin-williams stock is down .5% right now? i just looked, charles. charles: i love this stock. that was a bold move. liz: yeah. yeah. i know. come on. folks, see the forest for the trees. this guy's amazing. all right. thank you, charles, very much. happy thanksgiving, charles. oh, did you see slack? it is now pretty much at the highs of the session, jumping 30%. we are going to tell you why. this is one of those stay-at-home superstars and there is big action there. it is not even thanksgiving

and the markets already have a little bit of a hangover, seeing double vision the day after celebrating the dow's historic leap to 30,000. the dow and the s&p are down. dow is down about 193. the s&p lower by 7. but the nasdaq is sprinting to a record high. will we see a record high close for it? we will be watching that and much more in this final hour of trade. los angeles is exactly ten hours away from officially shutting down all outdoor dining for three weeks to try and get ahold of the superspreading of the coronavirus. now we are getting word that the companies ready to move record numbers of your online holiday packages may have to shove those aside temporarily in order to deliver life-saving covid-19 vaccines when they are ready. but that's great news for i-heart media whose live concerts pre-covid attracted hundreds of thousands the arenas around the nation. the stock has nearly tripled from its lockdown lows. the ceo bob pittman is here with

the radio giant's new secret weapon as it waits for that vaccine. it's all happening as president-elect joe biden has just begun speaking and making a last-minute plea to americans to stay safe and stay home for the thanksgiving holiday. what we are going to do is show you team fox business coverage to cover it all from chicago to wilmington to wall street. let's first begin with the windy city and that's where grady trimble is following a massive supply chain pivot by ups and fed ex right at the busiest time of the year. for holiday gift shopping. grady, both these stocks are down for much of the session. tell us what's going on. reporter: interesting, because they are expecting record years this year. we have seen a steady stream of people here at this ups store in chicago following the advice to get your shipments out early. we have already seen essentially holiday level online orders since the pandemic started and now we are expecting another surge, a record-shattering year.

take a look at this number. three billion packages expected to be delivered between thanksgiving and christmas this year. that is a record and it's up about 36% compared to last year. if you break that down by the day, that's about 86 million packages every single day, according to ship matrix, but ship matrix says the industry really only has the capacity to deliver about 79 million packages per day. so that leaves seven million packages that will be delayed. as of right now, that delay is not too bad, just about one to two days. nonetheless, amazon is saying if you can, place your orders early and they are also saying if you have a retail location that amazon operates near you, go to that location to pick up your package yourself. meanwhile, the delivery companies are on a hiring spree to avoid any sort of holiday hiccups. ups is hiring an additional 100,000 workers this holiday

season. fed ex, 70,000. dhl looking to add 10,000 people to its work force. and with the record online orders this year, the experts are also predicting record returns. liz, i know you are not worried about any of these shipping delays because you've got your whole list bought and paid and shipped already. right? liz: you have me confused with parents who are organized. that would not be me. we will be watching it all. grady, thank you very much. grady trimble. we are watching both those stocks and in the meantime, let's go to wilmington, delaware where president-elect joe biden is right now delivering his thanksgiving address. hillary vaughn live in delaware. hillary, we know joe biden is working on his economic and climate plans as we inch closer to a transition of power. what's the latest? what's he saying? reporter: liz, we are expecting a flurry of executive orders to start rolling out starting day

one, when president-elect joe biden is in the white house and a lot of those executive orders could be targeting the energy industry, and that is worrying oil and gas producers. the president of the oil and gas association tells me this today about concerns about these executive orders, executive actions, but also the new climate czar, john kerry, that's going to be taking that new role. he tells me this. the transition team's eagerness to overturn pro-growth policies not within the first 100 days but within the first 100 hours should concern all americans, not just those in the energy industry. just wait to see what an unaccountable climate czar using the designation of a climate national emergency has in store for us. so here's what a president biden could do by executive order on day one. he could reverse president trump's energy rollbacks, he could cut emissions by reinstating fuel economy standards he could create new

financial regulations for companies, requiring them to disclose financial risks tied to climate change. he could also reverse rules on fossil fuel production by cutting back or putting back restrictions on offshore energy production but it's not just the epa or this climate czar that biden wants to focus on climate change. every agency, every employee from the top down apparently is being vetted with one key question in mind. the "new york times" reports that biden's inner circle is asking of each candidate that wants to work in the biden/harris administration, are they quote, climate ambitious. this is something we are going to see be a priority under president biden on day one. liz: we will be watching all of that. thank you for keeping an eye on it. hillary vaughn live in wilmington. okay. we've got 54 minutes left to trade before wall street goes dark for the holiday. let's get right to the floor show. nys e-trader teddy weisberg and jeff sica joining us live.

i would expect on the day before thanksgiving when traders are kind of checking out early, volume is thin, that the dow would retreat from 30,000 but teddy, the bears kind of pushed things along with this first-time jobless claims number which rose for a second straight week. what are you specifically seeing? >> i think the action is to be expected, liz. tomorrow we are closed. friday's a half a day. for all intents and purposes, the weekend's today. the markets are at all-time highs. we are allowed to give a little back. i think the negative jobless claims are not to be unexpected. we are still dealing with a huge covid problem. we are certainly not out of the woods as we speak today. but as we look forward, this is probably what the market's been telling us for weeks now, as we look forward with the prospect of a vaccine and a fed basically not going to change anything, a steady hand at the fed, these are both very positive events

for the market and the markets are forward-looking indicators, not trailing indicators. so the fact we have a couple of negative numbers today, i don't think is any reason to throw the baby out with the bath water. i just think that perhaps this is just the pause that refreshes. liz: yeah. ain't no big thing. we're still at 29,855. jeff sica, where is the rotation today ahead of the long weekend and what rotation are you personally making with your money? >> well, here it is. what a difference a month makes. the markets catapulted into the future, looking at the vaccine, embracing janet yellen back on the scene again. the market loves her and she's back again. i think the rotation you're speaking of, i'm looking at now that you had all the big tech stocks that have done so well during covid. now what i'm looking at is some of what i would refer to as old

school tech stocks. i'm looking at a rotation back into cisco, back into intel. these are names that have drastically underperformed the s&p 500. i think that's where investors are going to go now. i think that's where the money is to be made. liz: great to have you both. i want to wish you both a very happy thanksgiving. my mom, who is 90, i want to wish her a happy thanksgiving. and a fan of the show who is 97 years old, bill delacy in california, he's a friend of teddy's, i think he's your one fan? >> he's my only fan. yes. i hope he lives a long, long life. liz: indeed. we wish that for all of our viewers. thanks so much. all right. the casino and travel stocks are not the only names holding out major hope for a potential vaccine. the live concert industry is singing a tentatively happy tune as the idea of getting stars back in front of crowds inches closer to reality.

the ceo of i-heart media, bob pittman, is here in a fox business exclusive on what it means for his business and what he's done to bring in new pandemic profits while he waits. closing bell, 51 minutes away. the dow down 175. russell down 5. we're on track to see a nasdaq record close. "the claman countdown" is coming right back. for over 30 years, lexus has been celebrating driveway moments. here's to one more, the lexus december to remember sales event. lease the 2021 is 300 for $339 a month for 36 months

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it's time for aerotrainer, a more effective total body fitness solution. (announcer) aerotrainer's ergodynamic design and four patented air chambers create maximum muscle activation for better results in less time, all while maintaining safe, correct form and allows for over 20 exercises. do the aerotrainer super crunch. the pre-stretch works your abs even harder, engaging the entire core. then it's the back extension, super rock, and lower back traction stretch to take the pressure off your spine and stretch muscles. planks are the ultimate total body exercise. build your upper body with pushups. work your lower body with the aerosquat. the aerotrainer is tested to support over 500 pounds. it inflates and deflates in less than 30 seconds using the electric pump. head to aerotrainer.com now. now it's your turn to lose weight, look great,

and be healthy. get off the floor and get on the aerotrainer. go to aerotrainer.com, that's a-e-r-o-trainer.com. liz: a fox business alert. a work from home stock star shooting to the moon at this hour on a blockbuster report. i mentioned slack at the top of the show. take a look at shares, skyrocketing at the moment on reports that the workplace messaging app might be in play. it is jumping 31% right now after the "wall street journal" just a couple of hours ago dropped the headline that cloud-based software company salesforce has approached slack with an acquisition offer. slack has a market cap of about $17.7 billion at least going into today. no one's commenting, but if the deal were to go through, it would be salesforce's largest ever acquisition. salesforce down 5%.

but again, nobody's really commenting on this. someone cut the stock engines in the electronic vehicle -- the electric vehicle sector. we are seeing widespread losses on a report the chinese government is apparently investigating new energy vehicle projects. while chinese ev maker nio is down just .25%, they are chinese so if the competition is coming from china, you would imagine other names are getting hurt more. oh, yeah. flip it over to workhorse. workhorse is down 2%. the hardest-hit, nikola, snapping an eight-day win streak on concerns that its partnership with general motors might not go through, plus this news about china. that stock is down nearly 12%. but in a sea of red in that space, an island of green. fisker popping after citigroup initiated coverage of the maker of the all-electric ocean suv with a buy recommendation and a price target of $26 per share. we are at $20.37. but look at the spike here. up 27.5%.

by the way, volume on the stock surged on the news as well. a day after a bullish move for gap shares, the retailer now plummeting to the bottom of the s&p 500 after it missed estimates and gave a muted holiday forecast. even strong sales at athleta one of their hottest brands along with old navy, could not cover up a big drop in banana republic which suffered double digit declines. gap falling back by 19%. speaking of gaps, this year, live crowd-filled events took a gap year of sorts. they had to, right? the i-heart country music festival, normally a near impossible ticket to nab, forced the a virtual platform at its tenth anniversary as covid-19 sidelined the business of live performances all around the world. but word of the impending vaccine no doubt music to the ears of concert industry ceos, including i-heart media's chairman and ceo, bob pittman. we welcome him now live.

bob, it's been, what, three weeks since first pfizer, then moderna, and this past monday, astrazeneca announced very encouraging vaccine news. from a business standpoint, what was your first thought when you heard about the vaccine progress? >> well, i think it's great for us because it's not just that side of our business but the big side of our business is serving all these advertising partners. we've got many of them depending on people coming into stores. so i think we are excited about it. as a matter of fact, as a company for the last three or four months, we were as a company trying to help america get out the vote, encouraging people to do it. i think at the appropriate moment when the people tell us they're ready with the supply, we are going to turn our efforts to go get your vaccine because i think once this country is vaccinated, i think we are going to see a rapid increase in store traffic, in concert business, in all of these opportunities that require people to be able to mingle and socialize and be a

crowd again. liz: that's interesting. like a public service announcement in a venue or at least a conduit for that. have you noticed any uptick in the speed with which maybe advertising is coming back on all of your platforms, once that news three weeks ago came about the vaccine? >> i haven't seen it specifically related to the vaccine but i think there was anticipation of it because we have seen, if you followed our earnings reports, we have seen a steady uptick since april of this year when we had a big drop as a result of the covid shutdown. nice increases coming all the way back. as a matter of fact, in our last report, we were out marginally in october over prior year. of course, that had a political spike in it. we don't expect that for the quarter. so i think there's recovery anyway. i think people are understanding and even if they had to reduce traffic, they still have to keep the brand alive, they got to keep the relationship with the customer going, and radio has always been the most efficient

means to get it so when people are watching money, radio turns out to be a great way to do that. hopefully we are seeing that trend continue. liz: talk about keeping a brand alive. you guys had an incredible podcasting business over the last eight months. in fact, it was your best performing business, spiking more than 25%. talk about how you're managing to monetize these podcasts as you grow all the partnerships with everybody from ryan seacrest, mario lopez, the names go on here. >> it's malcolm blackwell, it's stuff you should know. it's this whole array of great balance of genres. we are today the number one podcast in terms of unique audience, in terms of downloads. our downloads are up about 70% over prior year. you know, our growth has been almost 100% and i think you are finding that the advertiser is really interested in podcasting,

that this has turned out to be the darling right now. audio's hot, podcasting is hot, and you know, there seems to be no impact on it from covid. we are continuing to feed that. we have also just recently acquired box nest which allows us to improve our modernization so as well as we're doing, there's more we can do and we continue to add those pieces to it. liz: what is the best way, because we have got your competitors, spotify and sirius, also trying to get in on the podcast space. you guys are number one according to that metric. but what is the new way that you have come up with to monetize podcasts? because when you look at the partnerships that you have, malcolm gladwell and i would be remiss if i didn't mention jacob weisberg, too, how do you scoop in more money? >> you know, for us, it's really two ways. we have one group of people that want a very tight association with podcasts, they want to be

all about that podcast. then we've got others that want to be just in the podcast audience and in that environment. so on one hand we do very customized programs and on the other end of it, we build out these programs so they can reach whichever audiences they want to regardless of the podcast in which it runs. vox nest is a very important part of enabling that part of that general audience marketplace and so we are using technology and using salesforce. it's no reason, you know, or it stands to reason that we should be doing so well in ad revenue because we have the biggest sales force in audio. we've got almost 2,000 sales professionals and for them, they can now sell podcasts as well and i think that's been a very important part of our growth story. we've got the infrastructure in place both on the content side and the monetization side. liz: you guys did not -- i'm one of those geeks who listens to

entire earnings calls and you guys did not give guidance for full year 2020. i get that. it's very hard to see that out in the distance. but you did talk about or at least your cfo did, talk about ad revenue from political ads. i know that you guys had some good revenue that you reported from q3, but october alone, the first month of q4, looked really really solid. i think you guys were up about to 55 million when q3 for the whole quarter was 40 million. do you see that continuing through november, considering we've had a protracted handover of presidential power here. >> well, we certainly will have ad revenue in georgia and we do have stations in georgia and we are, you know, looking forward to participating there both as helping the population get the message out and also from an ad revenue standpoint. liz: keep us posted, bob.

i had a wonderful time in a 2018 september las vegas concert, i-heart media. what i loved was you had the old fogey bands like fleetwood mac and lynyrd skynyrd. this is my video from that moment. i cannot wait to rock out once we are allowed to once again. >> by the way, the virtual was very good this year but it's going to be great next year. come on back. liz: i need it. i need it in person. thank you, bob. bob pittman of i-heart media. founded mtv, for those of you who didn't know. while you are gathering safely i hope with your family this holiday season, you've got to check out my everyone talks to liz podcast. i have a number, more than 50 inspiring all american dream stories of people from all walks of life and it's not just a success podcast, how i got there. it's the climb, the

insurmountable challenges they faced, the rejections and how they still made it through. if you need a push to really reach for your dream, you've got to listen to everyone talks to liz on spotify, apple, google, wherever you get your podcasts. i guarantee you, you've got to let me know, i'm not a liar, you will see a different light about your own success by even just listening to one of these. dow jones industrials, down 183. up next, crude expectations from one of black gold's giants. and bitcoin believers. they see a new all-time record on the horizon. that and more straight ahead on "the claman countdown." this is decision tech. find a stock based on your interests or what's trending. get real-time insights in your customized view of the market. it's smarter trading technology for smarter trading decisions. fidelity.

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granted the popular dance app's chinese parent bytedance a new seven-day extension of a divestiture order. this is the order that basically forces bytedance to sell its u.s. tiktok arm to an american company. the new deadline now is december 4th. this is about the third or fourth legal setback that the trump administration has endured. it's trying to get tiktok either banned but that didn't work, a judge said no, so now it's we're going to start ordering all kinds of financial problems for bytedance if it continues not to sell itself. who's in charge here when it comes to getting a possible sale? well, a partnership, it wasn't an outright sale but it would be oracle and walmart that are the two names that have decided that they are interested in possibly starting some type of partnership, but it is not an outright sale. bitcoin blastoff. overnight, the cryptocurrency came within $100 of its all-time high.

so remember, it was back in december of 2017 that the original digital currency touched $19,166. it later dove below $10,000 but look at it now. this past october alone, bitcoins that gained 42% as main street financial companies from paypal to jpmorgan have decided to embrace the alternative payment. this only further aggravates the battle between gold bugs and bitcoin believers, with bitcoin now at $18,940 a coin. the yellow metal has gained a paltry 1.4% during the month of october, but it is flat at the moment today. let's get to kristina partsinevelos for today's fox business brief. hi, kristina. kristina: hi, liz. well, we know oil is jumping yet again today but shares of exxon are trading a little lower after documents show the oil giant is pessimistic about the future of oil prices. and lowering expectations for

the next seven years by 11% to 17%. this could show the oil giant believes the pandemic will linger longer than expected. and you have luxury department chain nordstrom doing quite well today. those shares are higher after q3 sales came out much higher than expected. that's thanks in part to their anniversary sale. investors believe the anniversary sale might be a good sign the holiday season is doing well. keep in mind that digital sales for the third quarter accounted for $1.6 billion. that's 64% of the retailer's business. last but not least, you have fin-tech company square popping today, after the company announced it would require credit karma tax or $50 million. credit karma tax is a free filing, do it yourself tax filing system. investors like this pairing because we know square provides peer-to-peer payments, direct deposit, you can even do fractional investing in stocks as well as bitcoin.

liz, and everyone else watching, if you are like me, you may be waiting to the last minute to do your holiday shopping because you believe there's going to be better deals out there. well, the ceo of commerce hub says think again. we will be catching up with the man who connects products to companies and he says your package could be left or may never arrive. that's coming up after the break. i'm still discovering what's next. and still going for my best. even though i live with a higher risk of stroke due to afib... ...not caused by a heart valve problem. so if there's a better treatment than warfarin, i'm reaching for that. eliquis. eliquis is proven to reduce stroke risk better than warfarin. plus has significantly less major bleeding than warfarin.

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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. liz: wait. who has strawberry pie on thanksgiving? was that a picture of strawberry pie? no. pumpkin, apple, yeah. we are one day away from thanksgiving which means we are two days away from what used to be one of the biggest shopping

days of the year for brick and mortar names. but black friday, once the day retailers could count on for huge sales, could be thinned out due to covid-19. okay, but not for the reasons you might think. yes, we know a lot of you are not going to risk going actually into stores. but a new survey from commerce hub shows more than 50% of those surveyed skipped amazon prime day because they said you know what, i'm going to wait until early or mid-december. these deals were not good enough. but did they just miss a turkey -- make a turkey-sized mistake? in a fox business exclusive, we welcome somebody who knows already, commerce hub ceo frank poore. what do you mean, they made a mistake by saying we are going to wait for better deals down the road in december? >> well, i mean i think there's going to be a tremendous amount of holiday traffic this year and it's going to be online. all commerce is becoming e-commerce. given the covid pandemic, stores shutting down or people being

unwilling to go in stores, this is all going to go online. it's going to be a major shopping season. the challenge is going to be that the capacity of shipping carriers, your ups, fed ex, et cetera, are going to be taxed to the hilt and warehouses are going to have less staff in them. they will have to socially distance so they will have less throughput. what that's going to mean is long delays around the holidays in terms of shopping and getting things on time. liz: we began the show with the fact that ups and fed ex may very well be commandeered by the federal government to put aside the holiday packages and start shipping the vaccines which we'll take it, but you're giving a warning sign. what have you seen on the ground already, if anything, that things are already beginning to slow down and almost like quicksand at some point? >> yeah. we are starting to see some slowdowns already, although most shipping carriers and shipping

lanes and warehouses are okay right now. a lot of retailers are moving back, moving up, i should say, their promotions. so we are starting to see much higher volumes earlier, prior to thanksgiving, than we have seen before. so people are shopping earlier and they are starting to create those delays. i think they are just going to be exacerbated as we roll into the next several weeks. liz: who's in the sweet spot, frank? is it the retailers themselves, or is it the transporters? i'm just trying to search around because as a business network, we are always looking for that opportunity for our investor audience. >> well, i certainly think the carriers are going to do well this year. i think they charge premiums for some of their shipments so i would expect the carriers are going to do well. they are going to be at full capacity. i would expect that major brands are going to do well. i would expect major retailers are also going to do well. interestingly enough, i think

when the slowdowns start to happen with shipping, anyone who has products available that can get them to you on time is going to become a contender for that sale. there's an opportunity for small businesses to do the right marketing and sales and make sure they, too, have resilient supply chains. that's going to be the key. these retailers that have really robust supply chains, not only their own warehouses and facilities, but leveraging networks of brands and distributors through commerce hub or being able to offer millions of products without actually taking possession of them because the brands will ship those products directly to the customer. so you order something from the retailer, they leverage the brand networks they have to actually ship. they lessen the lookad on themselves. that's going to play very highly. but it is still going to tax the carriers. that's for sure. liz: you have a stellar group of partners with whom you work. many of our investor audience own some of these names. one of the things i have definitely noticed is that

amazon, which stock is up more than 2% right now, that amazon has trucks that are delivering to my neighborhood on sunday nights, friday in the middle of the night. i wake up and there's a package that i know wasn't there saturday night and suddenly it's there sunday morning. how does that play into your picture at all? >> well, amazon certainly has a leg up when it comes to delivery. they own their own trucks and vans and warehouses and planes, and so they will have a leg up. they also rely heavily on the carriers but because they have their own capabilities, they will have an advantage. but they leverage the u.s. postal system on sundays as well. so everyone is going to be taxing all of the third party systems. amazon has the benefit of having their own capabilities in addition to that. liz: we love our postal carriers, too. we wish everybody a smooth delivery but i think your message is correct. that is, do it early now, because these guys are going to

be taxed in delivery across the board. frank, good luck to you and the gang at commerce hub. frank poore. he is the head there and experiencing a lot of, lot of i guess you could call it bottlenecks. at least signs of them. thanks. investors celebrating president-elect biden's treasury secretary pick, janet yellen. talk to anybody on wall street. just look at the markets. but how will this influence his relationship with the federal reserve? she used to run it. the current chairman, jay powell. charlie is breaking news on that in just a moment. we've got 18 minutes before the closing bell rings on this wednesday, the night before thanksgiving. we'll be right back. don't go away. ♪

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administration will be secretary of the treasury department, but it may not be her last. to charlie gasparino. where else would she be going? what's the game plan here? charlie: well, let's get to that in a minute and let's get to like what she will probably be focusing on at treasury. apparently next week is the day, i was just informed by susan o'halloran who broke some news on janet yellen's appointment last week, that i think it's next week that they are going to make this official, janet yellen will be treasury secretary for joe biden, president-elect joe biden. she's likely to get confirmed pretty easily. she's a known quantity in capitol hill. she's not elizabeth warren which is a sigh of relief for a lot of republicans. kind of interesting, the game plan, from what i've heard from my fed sources on why they picked her. one reason why they picked her is that she was the fed chair at one point. they believe, meaning the biden people believe a big part of her job will be to jawbone the

current fed chair, jerome powell, for more monetary stimulus. yes, more than what they are doing now which is a lot. maybe another round of qe. one of the reasons why that is, from what i understand, is that the biden team really believes that, you know, based on the odds that the republicans are going to keep the senate, that they are going to get at least one of those two georgia seat runoffs and mitch mcconnell will be the majority leader and he's going to put a sort of ceiling, let's say, on any of the big spending plans that yellen -- that biden has in store for the country. remember, what he ran on was pretty expansive. green new deals, you name it. infrastructure. all that. that's all going to come under intense scrutiny by republican gop and unlikely to get passed in its raw terms that biden ran on. so why do you have yellen as opposed to lael brainard? well, she knows all the players. she can deal with gop senators. she might be able to call a few

and get them to change. but even more than that, this is a play that they believe that fiscal policy that biden ran on, particularly stimulus in a covid -- in an economy that's still hampered by covid, is not going to come out of this, is not going to be approved by the senate. therefore, you need monetary stimulus. therefore, you need somebody with heft like yellen, the former fed chair, who can call up powell and say do more, please, and he probably will listen. so at least that's the game plan, from what i hear. there's, you know, two reasons. she's the former fed chair, she's going to jawbone for more monetary stimulus and she could also negotiate with gop senators who are going to be very reluctant if the senate stays republican, for them to do all the things biden ran on, including tax increases. those are probably off the table if the gop gets one of the two senate seats and again, i'm not a pollster, i haven't seen the latest polls but i can tell you,

i know democrats who are close to joe biden who basically said there's a 70% chance the gop's going to get one of those seats. that's the number i keep hearing from wall street democrats who are close to biden. liz, back to you. liz: yeah. did you see our thanksgiving graphic? it had a turkey and it had mashed potatoes and it had a strawberry pie. charlie: was my face on the turkey? liz: on the back end. strawberry pie? wait a second. here it is. look. look at this. what's with the strawberry pie? are you making -- i'm doing pumpkin and apple, dadgum it. charlie: you should know that italian americans have manicotti for thanksgiving as the first course. okay? liz: the great mayor manino of boston. he was the one who showed me that. he said that's exactly what he does for thanksgiving.

all right. have your strawberry pie, everybody. good to see you. thanks charlie. good to see you. we love charlie gasparino. as president-elect joe biden inches closer to 1600 pennsylvania avenue, today's "countdown" closer is about to pinpoint what he says will be the best etf bet for you to cash in on a biden presidency, whether you voted for him or not. closing bell ringing in eight minutes. dow is down 191 points. but records for the s&p, maybe, and the nasdaq, yes, are just a couple minutes away. ♪ we made usaa insurance for veterans like martin. when a hailstorm hit, he needed his insurance to get it done right, right away. usaa. what you're made of, we're made for. usaa

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to see an all-time record close. we are up 50 but the s&p is now down seven-point we need to any game whatsoever, might not happen but anything can happen in four minutes. a year of record close for exchange trade funds 2020. $160 billion in fixed income, 134 billion into equity funds and $42 billion into commodity ets. 2021 will open up even more opportunities for countdown closer says listen to him first. a couple of one's, ceo on sort of the biden plans, their people right now who did not vote for biden. their people who love him and think is great but the emotion aside and invest like what? >> politics aside for sure, the great thing is, investors and advisors have done a great job raising technology and work from

home. this is the new etf that just came out in the last couple of months, work from home, wf h. it's great because there stocks around cloud computing cybersecurity, remote access like zoom, document management, all these companies in one etf and it's not going to change in the country opens up again. another thing to think about is small-cap and value. these areas have been unloved but when the country opens up, we will see great opportunities there. s&p has high valuations. you can get half of, especially small-cap there is small-cap value as bal to take a look at for sure. finally, biden is a big fan of sustainable energy, his plan put

in place if they have a chance to continue to boost stocks so you will love the sticker symbol, tan for solar energy. it is getting great momentum. it's up over 150% year to date but it's a small cap area, it should continue to boost as we go forward. there's opportunity there is a look into 2021. liz: when you're looking at etf, the beauty of these is that you don't have to sit there and decide and do the research and pick a single name because very subject to headline lists. we are looking at nicola and it's getting hammered on a single headline. as we look forward, these are baskets of names you can get exposure across the board. try and put this on and just so we are being fair, there are plenty of risks.

>> well, people love being able to to be stock pickers. when you are an investor for, you live and die by the sword. however, there are so many different choices, so many different strategies that there is really something out there for everybody. as you talk about for example, nikolai in innovation, there's tons of new innovative etf's out there that are going to bring out the next thing stocks so don't just rest on the s&p 500 it's stocks. look for other types of, whether you go nasdaq 100 or new etf's, those things are going to offer future proof your portfolio and you can do that with etf's. liz: great to have you. happy holidays. bring it back to me. i just want to say, i wish you

all a safe and healthy and happy thanksgiving. thank you so much for joining us. i know it's been a hard time but you guys are stronger than what we are facing. have a good one. you're looking at a nasdaq all-time record flow. that will do it for the claman countdown. i'll see you soon. [bell ringing] ♪ >> without losing some steam but we do have a record for you in the market ahead of the thanksgiving holiday. the nasdaq, your record setter today closing out the session at a brand-new five. nasdaq up by 57 points which is about half of 1% but the market 12,000 94 is a record. the dow is below 30,000. the return of lockdown seems to threaten the economic recovery in some people's minds so we are working that. s&p close to just under six points retreating from what was a record high. great to be with here