maria: thank you. dagen mcdowell and steve forbes, thank you. have a great day. here is stuart. stuart: good morning. something different to start the day. we witnessed a turning point in the revolt against lockdowns and this is important, but i'd is beginning to turn as tens of millions are going into the holiday under heavy restrictions and there is now pushed back. a judge in los angeles ruled the closure of outdoor dining is quote an abuse of the power. no science to back it up, in fact data shows restaurants don't spread the virus. some store businesses are finding loopholes one outdoor restaurant labeled a place for peaceful protests.

closure rules allow protest to take place in who will rule a cup of coffee and a danish is it a protest? we have been reporting on the growing revolt. in the face of the massive ruin of businesses it will be difficult toward new states to impose new shutdowns and those already in effect may be rolled back. this is a historic. there watching ordinary people take back their rights. "varney & co." is about to begin. ♪ stuart: yeah, what a voice. what a voice to start the day. i love that, respect, aretha franklin. let's get straight out--

added. the dow industrials will open today with a small game, maybe up about 90 odd points and we could get close to 90300, s&p, nasdaq and dow jones intraday highs yesterday and that lg where we are on the stock it these days. this morning, big news from doordash, selling shares to the public for the first time today raising the offering price. is a positive reaction assigned, probably. $102 a share. doordash has half of the entire food delivery market in america. how many times have we said this? we are close to a virus -- we will say again because the president and secretary have joined the effort to get roughly 900 billion-dollar package with extended emergency unemployment pay, but apparently no bailout for badly run democrat states. investors like it, but we have heard this so many times before, have

we not? if you want something wildly positive botrytis, the president introducing virus vaccines as a monumental national achievement. watch of this. >> we are on the verge of another american medical miracle and that's what people are saying, people that aren't necessarily big fans of donald trump they say whether you like him or not it's one of the greatest miracles in the history of modern day medicine or any other medicine, any other age of medicine. american companies were the first to produce a verifiably safe and effective vaccine. together we will defeat the virus and we will soon end the pandemic and we will say that millions of lives both in our country and all over the world. stuart: very positive stuff. different from joe biden we will have more on it all from the white house summit and from wilmington, delaware, later in the show. let's bring in shot the lonnie.

one of the things i see on the market at the moment is a broadening out of support for all different sectors of the market. it's not just the big tech powering ahead, it's almost all sectors. i see that as a good sign. do you? >> it's a very positive sign, stuart, because broadening out means we are not led by a handful of big tech stocks which we have been. we saw those five big tech stocks move the s&p represented by 5% of the nasdaq. with the broadening out, the markets have a much stronger base from which they can go higher, so it's positive development for the market with this kind of broadening out. its diversification and it works because there's optimism as we are coming out of the resection in the vaccine will move the economy forward. stuart: are you a little worried by some of the-- i mean, i'm

looking at snowflake, for example, snowflake has a meteoric rise. it's a new company and its already worth more than ibm. some people call that frothy, some people say that reminds me of.com. in 1999. how about you? >> i agree. snowflake i don't think is-- it's certainly they'll-- well valued i would say, but something like doordash coming to market today. that's what worries me, that to me is frothy. about $12.6 million-- billion dollars. i don't understand where the valuation increase came in the last six months just because they are going public, so i'm word there's a lot of froth and ipos. if you have the earnings and they had the potential for vast earning growth then fine investors will be well

to bid up their price because earnings will catch up. some companies especially back ipos are indeed worrisome and underlying i'm very bullish on the market. i think ernie's will catch up in power the market higher. stuart: you are still bullish for 2021 on with just about everyone else on wall street? >> yes there is no reason not to be, and froth notwithstanding, if we get any pullback because valuations get stretched especially as i said in ipo market, there is no reason investors won't take money off the table. those buying the dip opportunities when they come should grab with both ends because they won't last long. it's just the nature of the market. we will get some pullback and profit taking and investors know that 58-- how far we can go, five or 10% correction, by with both hands.

stuart: i think by the dip has become your national anthem, i mean, you have been saying for five years and granted you have been right but you are still saying it. thank you for being with us and we will see you again soon to let's get to our coverage of the real estate market. it's a really going strong and of this morning with the latest numbers on mortgage applications. boring, what we got? lauren: to buy a new home applications rose 22% from last year, but they were down last week. look, buyers are hitting an affordability walter despite low rates, price tags are expensive and supply low. momentum continues to be refinanced, up 89% from last year as buyers continue to take advantage of really low rates and they are saving money on their monthly bill. stuart: i have forgotten what it was last week, thursday about 10:00 a.m., what was it 30 year

fixed, about 2.7? lauren: i believe it was 27. stuart: that's historic low. thank you. some earnings came out over the dallas morning including campbell's soup which i would have thought it would have done well in the lockout fee to it to did, i mean, campbell's soup is pretty volatile this morning, but a great summer for them to hot soup in the summer, who would have thought. more money, more sales raising dividends by 6 cents. stuart: you open the can, put in a saucepan or in the microwave and away you go. susan: in the heat? stuart: read on. susan: the guidance for next year, slightly weaker than anticipated. united national foods come whole cell growth-- grocery distributor making less money, costs went up, not good. shealy, smaller loss,

higher sales. expecting sales to top $350 million this year. pharmacy for pets. analysts say taking care of your pets is big business worth $90 for the stock. look at the bullish calls a. stuart: which major food company , nestlé? who bought a big tech medical company-- somebody and maybe it's not nestlé. susan: pets are big business moneymaker. stuart: do you have a pet? susan: no, but is a good retailing boom. stuart: here's a statement from jamie diamond, probably america's top banker. jamie diamond says he would not touch treasuries with a 10 foot pole. did he actually say that? susan: yes, that it's a poor investment and would not be a buyer of treasury and at these rates it's crazy to get in. when it comes to stock,

he said there may be a bubble in small parts of the stock market, but not that entire stock market. i would take the comment with a grain of salt. in 2018 he said treasury yield would hit 5%, that never came close and did not happen. look, when jamie diamond talks, people listen. stuart: he can make mistakes every now and again. gold, where are we come 18.60 per ounce. bitcoin dropped below $18000 and has bounced back at 18050. oil, where is it? $46 per barrel. this is official, elon musk confirms he has fled a challenge to california for the loan start state of texas. listen to the job that he took at silicon valley. >> our team has been wanting for too long and they tend to get complacent, entitled

they don't win the chairmanship anymore. california has been way for a long time and i think they are taking it for granted. stuart: hold on a second, he's going to make a ton of money from a stock option, literally billions of dollars and if he had stayed in california it would be taxed, in texas it won't be taxed. there is a trend, though with the big companies fleeing high tax states. the fda says pfizer's acting is a safe and effective, but will doctor matt mccarthy take it? he's on the show and a couple of minutes. first, futures up for the s&p. a loss for the nasdaq. back after this. ♪ we love the new apartment. the natural light is amazing. hardwood floors. there is a bit of a clogging problem. (clog dancing)

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stuart: if you are just joining us, we're up for the dow jones, up for the s&p. the fda says pfizer's vaccine is a safe, effective and provide strong protection within about 10 days of the first to dose. infectious disease doctor matt mccarthy, doctor, would you take the vaccine today if you could? >> thank you for having me. i personally went through the data myself yesterday. i'm not affiliated with pfizer in any way and i can tell you after going through this i would take the vaccine. as you mentioned, after 10 days you start to see real protection against moderate severe disease. it's a huge advance. there are issues that we have to clarify and they will talk about it tomorrow. overall, this is a giant leap forward in the biggest question i would

have it is if you offered me the vaccine today is how would-- one of the big challenges is that vaccines have this proprietary lipid nanoparticles that has to be kept at subzero temperatures and if you had assured me it was cold you could inject me today. stuart: we are hearing about people in britain specifically to medical workers the day after their inoculation they came down with the bad side effects. are really running into a problem with that you think and a dozen that make people less willing to take the vaccine if they think the side of neck-- side effects may come on? >> to healthcare workers had anaphylactic reaction, which can be a life-threatening situation. the vaccine has been given to over 20000 people in clinical trial in around 100 in both the placebo group and vaccine group had a reaction like this so the recommendation will be that if you have a severe food or drug

allergy, you probably want to sit it out. the good news is that we will have other vaccines in the pipeline and when i talked to people about vaccines there tend to be three groups, the people who can't wait for it, people who will never get it and then there's everyone else in the middle who is on the fence and we call them vaccine hesitant people. hesitant people will either tell you the data is really impressive and if you want to wait, and see more people get it before you make the decision, that's reasonable. some of the most senior max and all just will breathe a sigh of relief when the vaccine has gone into 3 million people, so for musto of us it will be plenty of information to make an informed decision, but overall it is great news. stuart: if enough people take the vaccine, do we eradicate the virus or at least minimize the wave after wave that's coming? >> absolutely. this will be the way we get back to normal. there are people hoping

for heard immunity through natural infection, that's not going to happen. i have been treating coronavirus for years. there are four of them that circulate and they are endemic in this will likely become the fifth. the way we get back to normal is getting vaccines into people's arm. i'm optimistic based on the data, which is so much more impressive than we expected. the good news is, we may have a menu of options to choose from with moderna, pfizer, johnson & johnson, 2021 will be better than 2020. stuart: good to hear. thank you for joining us to come again soon. by the way, walmart and sam's club are selling at home covid tests, but i guarantee, ashley they aren't cheap. ashley: no, they are not. they range in price from $99 to $135 with a basic test kit requires either a nasal swab or saliva.

more complex kits test for the flu as well. it's been sent to allow a standard standard shipping built into the price or pay more for express shipping on the results would take right around 48 hours to get, but before that there's another step to take. in order to get the kit, customers must purchase a code providing access to a help survey and once you complete that a physician's order is generated and if appropriate than the purchase is finalize. walmart still offering covid testing site that designated stores across country, but $99 to 135. stuart: thank you. now the pandemic we hear is changing our shopping habits. lauren, what are we doing differently, i mean, at least everyone else? i'm still the same before everyone else isn't shopping, stuart. they are shopping on their phone and a driving and getting their items because

merchants are enabling it. a recent survey shows 71% of food stores and restaurants as a digital transformation is key to success. before the campaign-- pandemic it was 21%. for instance, there such a thing called flu-- food lockers where you play short order, get out of your car, opened the locker and get your food and then stores invested in not only facial recognition, but also vehicle and license plate recognition. that may be stuart varney one day in his ford pickup truck. here are your items, sir. we know that because we know what you drive. stuart: i would go for that because i think it makes it so simple and easy that even someone like me could go for it. please my fellow americans are going for it. thank you. we are just having far too much fun this morning.

checking futures before we go to a commercial break. we are up 70 on the dow jones, 500 the s&p and seven on the nasdaq. we will be back. ♪ 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. less sick days! cold coming on? zicam® is clinically proven to shorten colds! highly recommend it! zifans love zicam's unique zinc formula. it shortens colds! zicam zinc that cold!

stuart: futures still looked bright except the nasdaq which is down a fraction. stimulus hopes is it driving the market, susan? susan: yes, it is because we just heard from the treasury secretary now offering a 918 billion-dollar package including some of the contentious items including liability shield and money to states and local governments, but that's bigger than the bipartisan a billion. stuart: it does include liability in some money for the states? susan: that's right. stuart: but not or states to bail out their ailing pension fund. stuart: some liability protection and a sum to the states, but not much. all right. big tech on your screen,

please and there's a why we are putting big tech up there. our guest is sandy and he thinks big tech is in for some kind of reckoning. spell it out because i own some big tech and i want to know what this reckoning is all about them when it's coming. >> stuart, you aren't alone because a lot of people don't big tech right now. s&p 500, what is it 25 to 30%, so i just think i can remember 98, 99 when you had a lot of popular stocks like cisco systems and sun micro and next thing you know march, 2000, nasdaq when down 70%, so i'm not a big fan of owning things overvalued and very popular and with all this money pouring into index funds eventually some dollars, and frankly makes me a bit weary and i would rather be in stocks that are cheap, smaller limit, stocks that are so popular and

overcrowded trade. stuart: now, you're not old enough to remember the nifty 50. i am. back in the 60s and 70s a group of stocks, big-name company call the nifty 50 and they went up and up and up and then in the crash of the 73, 74, they came way down even though they were still making good money i'm a good profits. you are talking about exactly the same thing with our big tech now, i think, sort of a mirror image of the nifty 502 the president. is that it? >> that's exactly right and while history doesn't repeat it often rhymes so when you look back to that time frame is the same thing with high multiple stocks and those multiples just eroded, i mean, very popular names like eastman kodak and they just slowly eroded and so the stocks just ended up crashing back in 73, 74. you are in for some sort of similar occurrence, i think, and it makes me

want to go to the sidelines on the big tech names for sure. stuart: if i wanted to play the smaller capital markets with a single investment, holiday do that? >> i like caesar's. a mention on your show about a month ago it's 60, it's a 75 and is a great play on the reopening of the economy alike that ceo and i think it will work out well for folks. stuart: okay. we appreciate it. sandy, the pronunciation, tell me again? >> it's like hillary. stuart: careful with that pronunciation. we appreciate you being with us. there's a guy who remembers the nifty 50s. susan: besides you. how about that. stuart: the opening bell is about to ring. i will give it to 15 seconds and then you will hear its. they are ringing the bell. do they have the bell on and asked that?

i can't remember. this is a pub maddock. they have an ipo today. they sit between an appetizer and custom of a platform. they are ringing the bell. they are on the show shortly and here we go, three seconds then we will begin trading this wednesday morning. but the dow jones opened fire. up 120. better than what we are expecting. up 120, about four-point -- 4%. a new intraday hall time high. 30283. how about the s&p? intraday high yesterday, up again all time high for the s&p. i bet the nasdaq is at-- yes, it is, up 11 points, all-time high intraday that is 12592. i find this fascinating. elon musk, the latest big tech executive to

lead silicon valley and had to texas and susan, i will absolutely guarantee this is about taxes. susan: i think so, well, guess of course texas and taxes, there is no state income taxes where's the top marginal rate in california, one of the highest in the land and over 13% so it was interesting in that conference elon musk said i have relocated already to texas and he says he's going there to focus on a new cyber truck factory. space x is also a priority. i think that makes sense as a business. if you are going to make a truck in that state you want to be closer to the production lines. you are shaking your head because all you think about his taxes. stuart: wait a minute, i think i'm right in saying elon musk stand in line to get a gigantic bonus, $50 billion. if he stays in california, he pays a capital gains tax or

whatever tax you have to pay. in texas he doesn't. that's $10 billion worth of savings. susan: he's also criticizing silicon valley-- valley scene they don't really treat their innovators like-- right. he's been rewarded this year, as he should and may be taxes is a factor when you're worth $155 billion and you have made a hundred billion dollars so far. by the way tesla still calling it a cell saying it's only worth $90. stuart: money and taxes and get out of the former golden state, elon took game stock i think they are down big time. are not surprised. tell me why they are down so much, ashley. ashley: stu, in the age of video game streaming game stock is already facing an uphill battle but then throw in a pandemic keeping consumers at home's porcine stores close in the

picture isn't pretty, down 20% today. game stop says console sales fell 24.6% in the third quarter just reporting revenue down 30%, but a loss of 53 cents per share actually better than expected. we tell her giving no caps for the current quarter, but said it's counting on strong holiday sales with new console launches from microsoft and sony. remarkably and i say remarkably this stock is up 150% this year. stuart: amazing. let me see, please, fire i come a cyber security firm down nearly 10%. they are supposed to protect us from hackers, but lauren, i believe they have been hacked big-time. is that true before that is true. bag hackers hacked the good hackers which is fire eye, cyber security

firm hired for protection against cyber thieves and it appears russian cybercrime was kind their system and took off with the holy grail so that tools that fire eye uses to manage clients, so they got the good stuff. as a result fire eye is warning you could see new and more sophisticated cyber attacks. it's also possible because we had the election in the us that russia took advantage of our security experts focusing on voting machines and registration systems integrity and found holes or maybe areas where people were not looking, but this is embarrassing. any major cyber security firm gets hacked and the hackers a nationstate carpeted stuff. stuart: not good. thank you. look at roku. they have a price target hike. is it up or down?

it's up, i think. susan: citigroup says it's worth $375, the highest on the street and roku at record highs this morning and citigroup says that accelerate quarter-- cord cutting away from cable and the shift to streaming is why they are still bullish on roku. nearly 15 billion hours were streamed on roku in the summer months, 50 billion hours. stuart: however, i can see to start she bought been talked about the zoom and docusign, now they are down and have been downgraded. susan: down from an overweight to neutral at j.p. morgan so from a by j.p. morgan says it's the best performance in the entire coverage universe this year up to 500%, but the vaccines on the horizon there will be more face-to-face interactions and that means less people prescribing to zoom.

as were docusign, it's a $271 million that. most of the good news is it's face dance j.p. morgan expects the us economy will expand again in the second quarter of next year so you want to pass some profits on the stay-at-home winners and get into stocks that benefit when the economy improves. stuart: went to see disney. gets up again. in my right, susan, a couple analysts said they like it. it has a hyper-- target price because streaming has done so well. susan: disney plus with the data in the numbers on the mandatory in the season to dominating audience share last month with almost double netflix most-watched show, which was the queen's gambit. the crown was third followed by jingle jangle. as a result, your

boundless getting more bullish on the stock this morning, morgan stanley, wells fargo all raising their price target. wells fargo the highest on the street. says baby yoda-- stuart: look at my watch the first episode of queen's gambit last night. pretty good. i have to say the production value is terrific. would we got: netflix is on your screen at $510 per share. on going to put something else on your screen, i will call it a disturbing list of crimes that the new district attorney in los angeles will not prosecute. it's a long list. resisting arrest, making criminal threats, on and on. we will show you the full list coming up. what is california thinking? the state's former attorney general is a joe biden's paper helping-- health and human services secretary , but listen to how biden introduced him. roll of tape. >> i'm really proud of

this group. for secretary of health and education i nominate javier bacher area. stuart: no comments at becerra, i believe. looks like he was reading from a teleprompter. more "varney & co." after this. ♪ before nexium 24hr,

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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: if you are dressed joining us we are 12 minutes in the session and we are up across the board. and lot of green. doordash starts trading today. what is the new price? susan: $102 each. higher than they are raised range and they're looking to raise about $3.4 billion.

don't expect to see a snowflake type of explosive debut. we won't see 100% plus because it's kind of bill in the price and they are trying to make sure employees and the founders get the money and not just wall street. it's a big listing so i don't think we will seek it until closer to maybe new nor after because we need to match buyers and sellers and it's very complicated when you shared this much share. they like doordash as explosive growth over 20% at last count in the previous quarter and also it's more of a suburban play where uber is more of an urban play , but the question is how fast will grow once covid is behind us. that's a lot of questions investors haven't also buzz over the new mechanics. it's something a lot of people have not done, which i have to point out because green she was an extra 15% of stocks they throw into the market to stabilize the price and ipo if he gets too volatile. we know that it's a

great time for an ipo with record markets and lost of investor optimism for the economy so it should do well. stuart: lauren, they are branching out? lauren: yeah, you know you think of doordash and you think of a food delivery but how about retail. that partnerships with macy's, bloomingdale's, pet store, sam's club, pharmacies including walgreens, so they are instant delivery model goes beyond food. so what they are tied to do and this will speak to the future, you know especially after the pandemic and with competitors in the food safe is help to re--- help retells the alive, but will retail continue to sacrifice their profits because you know how much doordash charges on commission? 30%. think about it, if you are a store now and you have today workers and all the ppe you need and your rent, are you also going to pay doordash a 30% commission cracks. stuart: good question.

is that also true of restaurants or do they have to pay doordash a big commission to deliver the food they created? lauren: correct. that's why there is no loyalty in this space so they can choose another competitor that is cheaper or they could hire their own drivers. right now businesses of all types are weighing, how do we stay in business, what does our future look like and do we sacrifice profits just to stay alive or transform what we look like, so in the case of a store for instance a brick-and-mortar, you might invest in a smaller size place where people shop and more warehouses and more money going to to the same day delivery like doordash. stuart: good point. thank you. moments ago, the ceo and cofounder rang the opening bell. he's the cofounder and ceo of pub maddock.

reggie is with us right now after the arduous pasco ringing the bell. reggie, welcome to the show and congratulations that you have an ipo today. man just describe what your comedy does and then you can correct me too see if i have it right. you sitting between the appetizer in the content platform, so you are working with the verizon's, and i believe if i have that right you are making money; correct? >> that's exactly right. good morning. we provide a specialize cloud infrastructure platform that enables real-time advertising transactions we process 134 billion ad impressions on a daily basis within a fraction of a second and we are helping content creators, news corporation for instance, verizon media sell their ad space, their ad inventory in these real-time auctions to major advertisers like procter & gamble.

stuart: and your future growth, i think, would depend quite heavily on the growth in the digital ad market space. is that correct? >> correct and that's one of the reasons we have chosen to go public is that we see huge digital transformation and acceleration around it. many people are spending more time on the internet, more time online and they are doing things for the first time online they never did before. like ordering food, for instance, telesis this, seeing their doctor online so it are all great cases of how the off-line world is transitioning into online awaiting the opportunity is massive and we want to be well capitalized to go after that opportunity. stuart: you are in california, think a palo alto company, so my question is would you follow elon musk and leave california for the greener pastures of texas? >> well, we are comfortable with where we are. we are globally distributed company with

most of our employees not in our headquartered location which is a silicon valley. we have been a global company from day one with many great folks across europe, asia and we like-- stuart: you know what i'm getting at. >> i understand a. stuart: you will be a very wealthy guy. you are worth a great deal of money. do you want to pay california taxes or texas taxes? don't answer because i don't think you want to, but it was a pleasure to have you on the show and i hope your ipo does well today. thank you. >> and you, stuart. stuart: eighty went a little farther, but it was worth it. instead of providing stimulus relief nancy pelosi admits she-- she chose politics over people. watch of this. >> what has shifted? >> that's okay now because we have a new president. stuart: even bernie sanders says it was a mistake. listen to this. >> the democrats walked

away from that because they wanted 2.2 trillion and they walked away from 1.8 trillion. was that a mistake? >> that's what i'm saying. that's exactly what i'm saying. stuart: what was he saying, it was a mistake? i guess he was saying that. speaker pelosi rejected any deal because of it from. that's the subject of my take which comes to you at the top of the 11:00 a.m. hour. we will be right back. ♪ when we started carvana, they told us

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hannah lost 60 pounds. and graham lost 131 pounds. how? they went to golo.com. now it's your turn to lose weight quickly and easily with golo. head to golo.com now. that's g-o-l-o.com. stuart: american allies offering domestic customers access to at home covid testing. jeff hoffman is back with us. expert on travel. give me the big picture. how are the airlines using testing to get us back flying again? >> stu, they have to do something to rebuild consumer confidence. air travel-- when the vaccine was announced and there was optimism in fact last month airlines stock had been doing really well, but air travel is still down in october was down 70% and in november overall

year-over-year and in november that optimism we saw from the announcement of the vaccine has been slowed by the sudden spike in cases and the increase lockdown. we have seen a slowdown in bookings with airlines and more cancellations in november and we only really got about a 2% uptick out of that optimism from the vaccines of the airlines have to do something to restore consumer confidence and that's why they are doing testing. american airlines offering $129 test kits to covid test yourself at home. it takes 48 hours for the lab to get back to after they receive it so you need to do before you leave, but united and jet blue are testing at the airport with a 15 minute response rate. i think the two big issues are, they aren't required and they are offered, so i can test myself, but what i really want to know is our all the people sitting around me tested

and if you test positive you are on a 14 day no-fly list, but it's not required yet and i think the second issue is digital certificate. i get a test at home, how do i prove to the airline and to everyone that i am in fact certified covid free and vaccine, so i think those are the issues but that airlines are working hard to restore our confidence. stuart: they have got to because yesterday, 501,000 people past the tsa screening, that's the lowest number since july 4, so they have to do something to restore confidence and get people back. jeff, thank you for joining us. we will see you again soon. >> thank you. stuart: still ahead on this show, today joe, martha mcallen, katie mcfarlane, second hour of the "varney & co." moments away. ♪

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10:00 every morning. susan: marky-mark and the funky bunch. stuart: he is shrieking. for heaven's sake. take it all back. it is a shriek. great show ahead. liz peak, joe concha, martha maccallum. in the 11:00 hour, kt mcfarland is back and former republican party chair tom del baccaro. we've been only open half an hour, intraday highs for the dow, s&p and nasdaq. that is where we are now. 30,200 for the dow. et cetera, et cetera, you get the story, plenty of green. stocks up. now, jolts. available job openings.

susan: available jobs strong actually in the month of october. better than economists forecast, 6.25 million. that is accelerating from september. there is recovery story in the jobs market. according to the job openings, faster than anticipated in the month of october. stuart: that was pretty good. i wasn't expecting that. i don't care for expectations very much anyway. john lonski is with us. he is an economist. i thought the economy was slowing down a bit and the that the jobs picture wasn't as bright. but that is a pretty good number, john. >> that is a very good number. we've been talking about a slowdown for some time let me tell you the current racial shope of job openings to the number ever unemployed is well above 50%. i should add during the first five years of the previous economic recovery, talking about 2010 to 2015 we had job openings

averaging only i think 28% of number of unemployed. spectacular recovery thus far on the jobs front. stuart: do you project this to continue into next year? strong housing market, strong economy? >> good number on job openings, profitability is improving. business sales are rising. thus companies have incentive to go ahead and make new spaces, make new jobs at their particular firms. we'll have a soft spot maybe because of resurgent covid-19 but later this year i think we're going to see quite a pickup in the availability of jobs. we'll probably have that unemployment rate break well under 6% by the end of 2021. stuart: well under 6% by the end of 2021. >> that will be the case. right now we're at 6.7%.

stuart: that's right. it is coming down. >> not lower. something happens, something unforeseen happens with the distribution of the vaccine that makes it difficult to reach that target. but apparently we are learning how to cope better with covid-19 and by no means are we observing anything remotely similar to the collapse of the economy that took place back in march and april of this year. stuart: all right. we just love to hear this kind of thing especially when you're right. john lonski, thank you very much for joining us. appreciate it. by the way -- >> my pleasure, stu. stuart: sure. dow still holding on, a very limited gain. 30,200 but you're up just 27 points. now this. the outgoing president triumphant. the incoming president, grim. rarely has the trump-biden contrast been on such obvious display. it show as country divided on

the virus, optimism, trump, based on successful vaccine versus pessimism, biden, based on fear. they were almost simultaneous presentations. at the white house the president called the rapid vaccine development a mom you mental national achievement. right from the start of the outbreak he said we raced into action. america is now rounding the corner. he wore no mask. there was a crowd. there was a celebration of warp speed development of vaccines. a celebration that the end is in sight. in wilmington, delaware, a totally different presentation. joe biden wore a mask, so did the very small number of people present. he told america, we are quote in for a very dark winter and things may well get worse before they get better. this was lockdown joe painting a picture of grief and suffering. one week to hanukkah, two weeks to christmas. thanks, joe. i shouldn't be sarcastic but as

we approach the holidays tens of millions of us who live in democrat states are feeling the fatigue and depression of lockdowns and shutdowns and joe biden rubs it in. he can't bear to from trump's vaccine success. he said we should be lead by the science. where is is the eye sense educating our children? he is facing revolt. pushback all across the country. we're tired of pessimism. tired of bowing low to politicians that don't seem to know what they're doing. what a pleasure it was to see our president talk about success. he sees the other side. a vaccine in nine months is indeed a monumental national achievement. he offered hope. biden offered a very dark winter. what a contrast. the second hour of "varney" is about to begin.

♪. let's introduce liz peek, she is back with us there. liz, you heard what i got to say there. looks like we're into a lockdown christmas and i'm not happy, are you? >> no. neither is the rest of the country, stuart. what we also have going on here is a roaring bounceback in the economy and the only thing that threatens that right now is these authoritarian governors like newsom and cuomo and whitmer who warrant to shut down, 20, 30% of the country. we've seen unbelievable rebounds in hiring. you talked about the jolts number. it is doing incredibly well. i'm hearing from retail people in the retail industry that online sales this holiday season might be up as much as 20 to 30%. and more surprising, brick-and-mortar might be flat

which would be an incredible accomplishment. people are optimistic. they're tired of these lockdowns. they're tired of covid. they want to celebrate christmas and hanukkah. if our governors stand in the way of that their political fortunes are going to take a beating. i think that what drives them. it is not science stuart. there is no science backs up locking down outdoor dining for exampling which what knew some has done in california. there is no science at all. we have people tracing how people are getting sick. where is the data on that that tells us that indoor dining is risky? we don't have it. this contact tracing looks to be a complete waste of money. stuart: i think from what you're saying it is going to be very hard for some states like new york, for example, to extend the lockdowns as we get closer to hanukkah and christmas. as you say there is no science to back up no schools for the

kids, no outdoor eating. you can open the big box store but can't open the small store. the science isn't there i think you might see some roll back of existing restrictions and no new restrictions. what do you think? >> well i think you're right. i think that cuomo in new york, for example, has tested the water temperature and decided that he doesn't want to go into a big lockdown but here's the big thing. this argument has been misconceived and mispresented from the beginning. we're not talking lives versus the economy which is what democrats i have a cues republicans of doing. we're talking lives versus lives. people die because of recessions. people die because of suicides and depression. you know this is not an easy formula. i have some sympathy with the authorities who are basically scared of taking responsibility for rising death tolls but the wrong way to go about this is to make matters worse and i think that is what they're going to

do. stuart: i agree entirely, liz. i do have some sympathy with authorities faced with mounting record, caseload, difficult hospitalization situation. don't make the wrong choice. that is my position. i think we agree. liz, thanks for joining us as always. merry christmas, may i say that these days? >> merry christmas, stuart, thank you. stuart: thanks very much. back to the markets, we're up still a little bit for the dow, 40 odd points but i think there are some serious movers, big movers. susan: record for the dow this morning, that's good. coming off the s&p and nasdaq records yesterday. look at the movers. price spike we're seeing for square this morning, jack doors sid's other company, the payments company. here is a tie-in to the big ipo we're waiting for. doordash, adding doordash on demand delivery platform for square online sellers that is a benefit for both. you're seeing both of these, square at least seeing gains today. talk about streaming. have you looked at walt disney

and what at&t and roku are doing? stuart: tell me. susan: they're up today. we're looking more bullish calls coming from the investment community for disney. you saw the target price raises up to 180 with one of the highs for dismiss. roku, says it is worth $375. even at&t, it is up right now $31. we're laughing because stu sold out at a loss. stuart: 29. susan: similar to boeing as well. take a look at stay at home winners. getting a downgrade from overweight to neutral. zoom, docusigns two stocks that done explosively this year. maybe you want to take profit to get into some other sectors. stuart: profit-taking i took a loss. susan: that is okay. helps taxes. stuart: profit-taking, loss giving. subtle difference there. wait a second, news on starbucks? susan: at record high. holding their investor day

making news with the announcement that hello did i hobson taking over board leadership here. mellody hobson making her name as one of the principals in aerial investments. known as the wife of george lucas who was the "star wars" director. we've been talking about inclusion and board diversity. it goes along with that what we've seen. stuart: got that. facebook, zuckerberg reportedly threatened to stop investing in britain. i don't remember that but what peace it all about, ashe? ashe actually comes stu, from a meeting in paris 2 1/2 years ago with martin hancock, the minister for digital culture, media and sport. these minutes were just revealed. they showed that zuckerberg threatened to stop investing if the uk and looked somewhere else in europe. he called the uk anti-tech for

wanting to tighten regulations on social companies. the facebook founder apparently joked that the uk is a country he would not visit along with one other that wasn't named by the way believed to be china. prior to the meeting hancock likened the internet culture to the wild west. said zuckerberg's failure to attend a parliamentary hearing is one of the reasons he would introduce internet regulations but zuckerberg's threats apparently hit a nerve. those notes showed that the uk government was indeed worried it was perceived as anti-tech in the silicon valley. discussed whether it may have to shift its tone. stuart: shift its tone. i like the way you say that. oh, by the way the dow just turned negative a second ago. we had been way up, 100 points. now we're down 15 and falling as we speak. not sure there is a reason for that. if there is one we'll bring it to you. remember that maul santa who

refused to give a nerf gun to a boy? turns out it has happy ending. watch. >> there is somebody at the door. can you get the door? >> michael, how are you? stuart: yes, the little boy, santa, a different santa from the one in the mall came to the boy's house, gave him the nerf gun. the mall apologized. but honestly, that should never have happened in the first place now, should it? joe concha offers his comments on the santa situation. where is the outreach to small businesses struggling to sure safe the lockdowns? martha maccallum on that coming up. plus one of the first business owners to revolt is back with us. he is been crushed with millions in fines. does he have any regrets? i will ask him. ♪

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the we have to find just anosomething else.it. good luck! what does that mean? we are doomed. [laughter] that's it. i figured it out! we're going to give togetherness. that sounds dumb. we're going to take all those family moments and package them. hmm. [laughing] that works. wannit's timeight and 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.

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outright free or subsidized. making them available to front line staff at small businesses in order to stem covid spread so they can reopen and get back to business and they're looking at six local chamber of commerce organizations across the state. these are in the state's covid hot spots, right? texas small business employ five million people in the state. they're really hurting during covid with all the lockdowns and business being affected. in fact they represent more than 45% of the state's workforce. earlier they get back to business. people can get checks once again, feed their families. stuart: got it. thank you, susan. in california one judge speaking out against los angeles officials who imposed that outdoor dining ban. lauren, what exactly did the judge rule? lauren: he ruled that l.a. county health officials ban on outdoor dining was an abuse of their emergency powers and arbitrary, wholly unsupported by any data that linked a rise in infections to eating outside.

here is another headline for you. despite that ruling you still cannot eat outdoors in l.a. why? california has a statewide stay at home order through christmas. but this judge's rule something really a slap in the face to government overreach. as he said, government's failure in nine months to not seriously look at the science and the data in linking the decisions to what happens when you, if you transmit the virus by eating outside. they never looked at that he said that was a government failure. stuart: yeah. it may be just symbolic but i think it is a pivotal move. i mean the tide i think is turning here on all these shutdowns. they're getting pushback, big time. in fact we've got more on that right now. do you remember that new jersey gym that was one of the first businesses nationwide to leave the lockdown? well, they locked them down and they just went to town on the owners and ruined them.

ian smith is the owner of atilis gym in belmar, new jersey. ian, i am serious, i think they ruined you. you're facing what, $1.8 million worth of fines. you stuck your neck out. went public with the revolt. they destroyed you. forgive me for asking, did they destroy you and can you come back? >> absolutely not. they tried to. frank and i when we opened back in may we promised each other we were going to see this all the way through. that we were going to fight until we had nothing left. seven months later, we're still fighting, we're still standing. we're well over a million dollars in fines. we get fined 15,000-dollars every day. those fines are not for being open anymore. for not mandating masks while our customers worked out. we have no plans on paying those fines and, we still operate every single day. we are open. we have no less than 500 people come through on a daily basis

and as of yesterday we discuss hit the 81,000 visit mark with zero cases of covid linked to the facility. so they very much did try to destroy us but they failed. we are going to continue to stay open no matter what. stuart: you will stay open. you have all the people still coming in. i guess your hope is eventually the courts will say you were wrong, new jersey, to do what you did to the atilis gym, all fines removed, that is what you're hoping for i take it? >> absolutely. around that's, we stand on constitutional grounds. we know that if we can stay standing an stay in the fight long enough that when we get in front of a judge who actually respects the constitution unlike some state judges in new jersey, around the country, that decision will be made. because we did nothing wrong. we stood up for the rights guaranteed and written in the constitution very clearly. the actions of governor murphy as well as a lot of these other public officials under governors

or city officials are clearly unconstitutional and as you said in the segment, there is no science to back any of this up. completely robbed small businesses of the right to due process. -- [inaudible]. there is none. stuart: i got to get to this because i'm really interested in the idea of a organized national revolt. >> yes. stuart: i believe you're guesting together a national directory of businesses which are staying open. give me 30 seconds on that. that is interesting. >> okay. so that will be rolling out sometime next week. we'll be doing a soft rollout to get businesses on to the site, get the information populated. think of it as a yelp directory for businesses defying any and all covid restrictions whether complete shutdowns, arbitrary time limits when though can or cannot serve alcohol or serve food. it willing a resource center for businesses answer questions they have about opening, how to handle procedures, how to handle

the lease, how to handle the health department. people an can support small business in the area to see who is opening. there will be fund-raising. we'll provide legal support as well. we'll push, we'll hit the critical point too many businesses open to punish. this whole thing will fall apart like pa house of cards. stuart: ian, tell us more about this, come back soon and because i'm interested. >> yes, sir. stuart: homeowners using a new platform dubbed airbnb of storage to rent out empty garages and other commercial property. grady trimble is with us. how does this work? reporter: neighbor.com. started out with people with spare bedroom, empty garage could rent it out for storage space. the pandemic hit. a lot of commercial landlords had vacant offices which by the way is listed on neighbor.com. restaurants were suddenly empty.

they started listing them on the service to be used as storage space to generate some time of revenue during the pandemic. look at these numbers. commercial listings on neighbor.com skyrocketed 1000 percent year-over-year. we talked to the see quote about this growth that they're experiencing. listen. >> people are breaking their leases. restaurants are shutting down. they don't know what to do. the building owner says what will i do for rent? i'm not getting paid rent. we started reaching out to some commercial owners saying why don't we turn it into storage? reporter: that is exactly what happened here. this used to be a salon by the way. now it is available on neighbor.com for anybody in hammond, indiana or the chicago area that needs space to put their stuff. this coincided people leaving big cities, they suddenly needed storage space. it was a perfect storm for this startup company.

stuart: grady, thank you very much indeed. wilbur ross says china is the greatest military and economic threat in asia. kt mcfarland says that is an understatement. she's here. first great vaccine news yesterday but you wouldn't know that from the reporters questions to mr. trump. watch this. reporter: why not include members of the biden transition team as part of this summit that you're hoisting today? stuart: they went downhill from there as a matter of fact. joe concha is here discussing that in just a moment. seminole

stuart: doordash, very important ipo, going out today. supposed to hit $102 a share. but we got a new price range. susan: opening at 125 but now $130 in the day one debut. remember they sold shares at 102? this is no the explosive snowflake 100% plus gains on day one but still pretty good. stuart: fantastic. it's fantastic sure. susan: not 100 but we'll take it. stuart: anything on airbnb? susan: we're looking for the

confirmed pricing later on tonight from the underwriters. according to reuters reporting it will be priced between 56, $60. no increase from the price range what they indicate ad few weeks ago. this will be a 40 billion-dollar valuation in the listing. stuart: got it 10:30 eastern time on a wednesday morning that means we will find out how much oil in storage. how much we actually used. give me the number. susan: 15.2 million barrels. stuart: that is big. that's worth reporting. >> that is huge. stuart: yes. susan: that is 15 times more than what we were anticipating. we were looking for a drawdown of 1.4 million barrels. this is a huge increase going the opposite direction. much more than anticipated. stuart: i would have thought the price of oil would come down on that. if you have a huge increase in your supply -- susan: build. stuart: without a massive increase in demand you got a price that goes down. i see just beginning to edge lower. that is quite a report.

i take it all back, susan. very important stuff. i'm glad we reported it. got that. >> tenet, director thereof, christopher nolan ripping warner brothers new streaming plan. ash, what is he saying about it? ashley: mr. nolan is not happy to with warner brothers to debut his flames on mbo max next year. he said it was handled poorly without consulting other people within the studio especially film-makers like itself. the 2021 film slate, including the new "matrix" movie and "dune" well debut at the same time in theaters in the united states. amc theaters as you can imagine condemned the move. nolan worked with warner brothers on every film since 2002 is the very first in-house

filmmaker to speak, calling the whole situation a mess. warner, meantime, has made no comment. stuart: no surprise. thanks, ash. stay with streaming. susan will tell us what is the top streaming title last month. susan: mandalorian season 2 grabbing 30% of the streaming office. that is almost doubled netflix most watched program, "the queen's gambit." and jingle jangle and schitt's creek. i am not into that but i believe you are which i find surprising, stu streaming schitt's creek. not my type of humor. morgan stanley, credit suisse, keybanc, morgan stanley raising their target prices. roku buzzing because it has a 375-dollar stock price like city. just crossing the headline.

at&t is rallying because apparently they're getting multiple bids for directv, valued at $15 billion including debt. apollo management the front-runner according to the "wall street journal." stuart: how about is did any i'm pretty sure they're up today. last time i checked they were up 155, 1 1/2%. i think they're getting a boost because of the streaming success of the "mandalorian." susan: wells fargo says $185 a piece. that is pretty big gains from here. stuart: thank you very much, susan. we got great news on the vaccine, remember? really good stuff, warp speed stuff, but the media could care less. watch this. >> wonder what your message is to the american people given all the increase in cases right now? >> across the street you're holding holiday parties with hundreds of people many not wearing mask. why are you modeling a different

behavior to the american people? >> why not include members of the biden transition team as part of this summit you're hosting today? stuart: all hostility from one to another. just endless hostility. joe concha, why am i not surprised? >> i'm surprised we can say schitt's creek on the air. not get in trouble. just wanted to get that off my chest. the speed which this vaccine was developed, stu, multiple companies, tens of thousands of people tested to make sure it was safe. now that it is going to market, perhaps as early as tomorrow, that is the signature achievement of this administration. the fact that the president isn't even asked about in terms of drib shin, in terms of who gets first in line, second and third and so on, how do you plan to do x, y, z? this is what really matters to people. this is what is going on, this pandemic, being locked down basically at home since

february, march, they want to know where is the light at the end of the tunnel in terms of the vaccines, those three questions you played were the only three the president was asked. meanwhile joe biden held an event yesterdaying talking about the first 100 days, how he will have people wear a mask during the first 100 days in places like airlines and trains and on buses, in federal buildings, things people are already doing. then there is this cute little proposal that says that he will have -- in first 100 days. that is contrived number to match up the first 100 days which is media creation which is number that matches the 100. that is it what we're seeing. by the way, joe biden didn't take any questions at all after his event unlike the president took some that had nothing to do with things that matter to people at home. stuart: the media doesn't ask joe biden questions, he didn't want to answer questions. did you see what he did with javier becerra yesterday?

completely mispronounced the man's name and got his title wrong. did you see that? no wonder he doesn't take questions. he can't think on his feet. >> i did see that then you watched late-night tv, those late night hosts eviscerated the president last four years. joe biden provides daily material for them, they don't do a thing with that sort of thing. this is the marshmallow media next four years. no challenging of biden. biden will do very few press conferences. at one point, with a friendly press, president obama went 308 days without giving press conference, going through entire pregnancy term plus a month. see the same from joe biden. guarranty you that. stuart: astonishing. joe, never stops. appreciate it. >> stu, good to see you. stuart: a covid vaccine could become mandatory for students in miami-dade schools. their superintendent is considering it. he will join us. ben bernanke just admitted

democrats held up virus relief. watch this. >> the democrats walked away from that bill because they wanted 2.2 trillion. >> that's right. >> they walked away from 1.8 trillion. was that a mistake. >> that's what i'm saying. that is exactly what i'm saying. stuart: they walked away from helping ordinary people. more on that story coming up for you. ♪. turn on my tv and boom, it's got all my favorite shows right there. i wish my trading platform worked like that. well have you tried thinkorswim? this is totally customizable, so you focus only on what you want.

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to know what's what. i'm proud to be part of aag, i trust 'em, i think you can too. trust aag for the best reverse mortgage solutions. call now so you can... retire better stuart: still don't have a full recovery after senate leader mitch mcconnell said they're looking for ways to move forward with the virus aid package. that didn't go down well. we were up 100, now we're down three on the dow. down on the s&p, an down 22 on the nasdaq. then there is this, bernie

sanders admitted democrats were the ones that held up the relief package. lauren, does that clashes with the democrat narrative, doesn't it? lauren: yeah because democrats said republicans held up the relief bill. bernie sanders told cnn it was a mistake for democrats to walk away from the bill when it was $1.8 trillion in october and included 1200-dollar stimulus checks. he criticized democrats for getting behind the current bill which is half the size and doesn't have those 1200-dollar checks. this is admission, if you ask me, by senator sanders, that democrats held up the relief bill then and he now says it is you know, they're compromising too much by giving in now. stuart: i think they were determined to hold it up to mess with the economy right before the election. that would be my opinion. lauren: right before the election. stuart: right before the

election. economy not doing well, good for biden, bad for trump. i think that is why they did it. my point of view. change the subject, bring in martha maccallum. welcome back. great to see you again. >> great to see you, stuart. stuart: "varney & company" is a financial program, every day -- a lot of politics but we watch every day small businesses getting absolutely crushed and ruined. to your knowledge has there been any outreach from the authorities ruining these small businesses to try to get their input? >> stuart, that is a great question. there is lip service, a ton of lip service. we heard it from governor newsom. we heard it from governor whitmer. essentially saying we feel your pain but we have to lock you down. last night i spoke with a restaurant owner, he owns sean o callahan's pub in michigan, his name is sam. said we're willing to compromise. we're willing to close down 9:00 at night, young people come in, masks are off.

he thinks that is a little risky. stay open for lunch and dinner. no meaningful interaction letting businesses which have been so concessionary, stuart, they have bent over backwards to buy the plexiglass in the outdoor areas, to the point where over 100,000 restaurants across the country already gone out of business. no, i think the outreach has been, has been weak and not constructive. stuart: because of that i i see real pushback all over the place. it was a legal victory in los angeles where the judge said stopping you from opening a restaurant outdoors is an abuse of power. that could be the start of the roll back, do you think? >> i do. i think there is an enormous wave building across the country. inspired by some of the people like angela marsden, who we had on a lot over the course of the last week, resonating so clearly with all the business owners. the first time they were able to make it through but the second

round is simply too much. the difference is, we learned so much about the virus over the course of that time. we know that schools and churches do not need to be shut down. we know they need rules in place to make it safe. for example, you can spread people out in some of these places, stuart, you know, as you want to talk about, we have the holidays coming up. stuart: yes. it doesn't seem like christmas, does it? it doesn't seem like the runup to hahn kay and christmas. -- hanukkah and christmas. it doesn't seem like that at all. >> we walked around our neighborhood in new york, the tree in rockefeller is up. it got a lot of heat for being a lame tree. turned out it is not bad after all, charlie brown. they fixed it up in new york, this time of year it should be hard to get down the bloke block. the cars are everywhere. sidewalks are not packed. 2020 will be a different

christmas. people who never bought anything online, will buy things on line, stuart. you're the stock watcher, i would watch for some of those companies, i would imagine it will abet bet christmas for them. stuart: oh, yes. one of these days i will buy something online. you never know. >> i will talk you through it. stuart: please do. please do. martha, always a pleasure to be with you. >> thank you. stuart: joe biden, revealed his covid plan. so watch this. >> masking, vaccinations, opening schools. these are the three key goals for my first 100 days. stuart: doesn't that sound a bit like president trump's plan? well i will put that to tim murtagh, trump 2020 director of communications. he is on the show. century 21 real estate ceo no less, said this could be the best winter for the real estate market ever. i like the sound of that. he is on the show too.

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♪. stuart: i'm going to deal with two markets back-to-back. first, stocks, now on the downside, all across the board there. mitch mcconnell says they're trying to find a way to get this virus aid package. market doesn't like that. we're down. then there is the real estate market. our next guest says we could see the best winter ever for real estate. look who is here. mike miedler, ceo of century 21 real estate, a big hitter in the industry, i believe so. mike, make your case that this winter will be the best for real

estate ever. >> thanks, stuart, for having me on. the demand we're seeing across the country, we're seeing around the globe is so strong right now. i have to tell you we're seeing one of the best years on record. i think the reason being is because the home has absolutely changed what it means to you know, folks in this country and around the world, right? i'm sitting here, my home is now my home office. it is my homeschool for my four kids. it is my home restaurant. it is where i'm entertaining the entire family, some of their extended friends. it just means a lot different of a place that it did nine months ago when your last guest was talking about how many folks would be out on the street and roaming around. folks are doing everything at home right now. we've seen a ton of pent-up demand. a really, really hot real estate market. stuart: will home prices continue to hit new highs? i presume they will because, you got a shortage of supply, you

can't get people to sell their homes, can you? >> it is the biggest issue. we have only 2 1/2 months supply. stuart, a normal market is about six months. across the u.s. is there is only 1.4 million homes for sale according to nar. the truth of the matter, we have a ton of first-time homebuyers, even move-up buyers looking to get into more space into suburban and rural markets that cannot find the inventory to make an offer on. just talking to one of our big brokers down in the dallas area. they had 100 families through a home over a weekend. those stories are nothing new. mortgage rates at generational lows. a ton of new buyers in millenials who are starting families, looking for space of their own. so it really is a demand issue. hopefully we'll get more inventory loosened up through the coming months and years. stuart: you could get some

inventory loosened up when the mortgage forbearance comes to an end because you will probably have some foreclosures. that will increase the supply i guess, it will be quickly mopped up wherever it is? >> yeah. i think the demand will absolutely be there. you know, if forbearance comes through or we're looking at short sales or foreclosures that are out there, you know, certainly in the private space, even in the investor space. i mean you've got right now, you know, even second homebuyers and investors are up 14% year-over-year according to nar. and like i said, the demand is just so strong right now that you know, that will get sucked up right into the population, absolutely. stuart: mike, i have to tell you that a couple of weeks ago i put a house for sale up in naples, florida, at 2:30 in the afternoon. it was sold at 3:30 in the afternoon. i'm sorry to say i did not use

century 21. i'm sorry, mike, maybe next time. >> i'm sorry to hear that as well. we have great professionals all over the globe. markets like florida, new jersey, a lot of suburban markets are seeing huge influxes when people want to look for vacation homes. vacation homes, stuart are up 21% in vacation counties across the area. stuart: got to leave you. mike, come back soon. i want more information out of you. mike miedler. thank you. coming up tim murtagh, kt mcfarland, tom del baccaro. i say speaker pelosi is the big loser from the election and virus showdown. all that coming up for you. ♪ ♪

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♪ >> we see a huge digital transformation and acceleration around the off-line world transitioning to online and the opportunity is massive. >> broadening out means we are not being led by a handful of big mega tech stocks. their optimism coming out of the recession and the vaccines will move the economy forward in all good news for the market's been at could assure me that thing was safe, you could inject me today. the way we get back to normal is getting vaccines into people's arms. >> we have a roaring bounce back

in the economy and the only thing that threatens that right now is these authoritarian governors. >> profitability is improving, business sales are rising, we will have that unemployment rate break while under 6% by the end of 2021. ♪ stuart: kc and the sunshine band. i know them well. if you watch this program for the first two hours you will see a lot of bulls running loose on this program with lots of optimism and it's 11:00 o'clock eastern time as of right now on this wednesday, december 9 however, the market shows a mild sell off and i mean mild without 50 on the dow, down on the nasdaq, down on the s&p, mitch mcconnell says trying to find a way forward for this virus aid relief package did not go down well put markets sold off just a little but here is the news of the morning.

problematic is now trading and opened at 2512 and i believe it's gonna hire from there so we'll get you a price on the air in the moment but what we had earlier on the show was the ceo and founder of pub magic that just gone public and just started and they are way up and this is a digital ad company and trading now at 41, $31 per share, i'm sorry. thirty-one dollars per share and they went out at 20 so that's a gain of -. susan: 30%. stuart: if you went out at 20 and is now 31, do the math. susan: 50 -. stuart: 66%. i'm the math petition. pubmatic is trading and they are doing well. now this. 2020 was supposed to be a wonderful year for speaker pelosi. it has not turned out that way and it's her own fault. right before the election

closely rejected any deal with the president over a virus relief. all or nothing, nancy figured a weakening economy would help the biden campaign. in fact, she had denied help to millions of people who really did need it and that did not go down well. what the speaker really wanted was a bailout for those big and badly run democrat states, new york, new jersey, illinois and california. she wanted the taxpayers of well-run states like florida and texas to subsidize big spending democrats prayed she did not get it. as we approach a smaller virus aid package she still is not going to get it. she held workers hostage and lost. not good for a democrat speaker. she was actually the biggest loser in the election. her majority in the house has been cut to the slimmest margin in generations. the blue wave did not happen. the republicans flipped previously democrat seats and she failed to control the socialists.

defend the police, kill private health insurance that moderate democrats were appalled. why couldn't pelosi get a grip on these vote losing issues? where was the speaker when it really mattered? i will tell you, getting her hair fixed against the rules, showing off her subzero freezer in her mansion. it did not go down well. and now she loses her temper, wagging her finger at a reporter who suggested she made a mistake with virus aid. i don't know whether she will keep her speaker position but i suspect she's in for a fight. it's only 23 months until the next election and she lost the last one. the third hour of "varney & co." is about to begin. ♪ stuart: as you look at the markets, slightly on the downside we bring in margaret's watcher mark tapper. to me, mark, that the -- if

there is new money going into the market doesn't seem like it's going into the big tech but seem like it's in the second or third tier companies. as i what you're seeing? >> that is true. equal weight s&p is -- i mean, it had a great month in november so you are seeing market participation begin to broaden out which is great but stuart, all the talk right now is dow 30,000 s&p 30,000 or 700 and there's not a lot of talk with regards to small caps. small caps since mid-september have outperformed large caps by 15% and that is significant and stuart, here's an observation as it relates to small caps. 47% of small-cap companies roughly 2,000, make no money. that's high but not one i'm going with this. all right? look, that 47% number has been going up for years. suddenly it has stopped and it has peaked and historically whenever that peak that is the time to buy small-cap stocks.

when you look forward over the next 12, 24, 36 months historically small caps outperform large caps significantly when that happens. stuart: so, for the benefit of our viewers who might want to buy an index for example or a basket of a smaller small-cap stocks is that, how do you do that? how do you invest in a large number all at once of second tier stocks? >> easiest way to play this is through the iw and etf, i shares ruffled 2,000 and easiest way to do it. however, i still think that the best opportunities lie within individual security selections. there are still a lot of good names you can look through them. stuart: what do you got? >> i will give you a trade this week. were closing out our tele- dock position. it's been a good ride and we got in at 50 and it's to hundreds of time to take our profits. we will reinvest that money into tandem diabetes that's a 5 billion-dollar company and

they make insulin pumps for diabetics. they are the leading player with type one diabetics but now they are starting to crack the type to market which is much, much bigger. after years of, you know, low-fat, hard cub diets there is a diabetes epidemic no one talks about it because of covid but tandem diabetes has the solution for that. stuart: tandem diabetes. you are getting into that. you're getting out of tele- dock. did you double your money on tele- dock? >> went from 52200. stuart i just heard you do math. so yeah, i doubled it. stuart: i did not you bought at 50. i did not know you got in at 50. you must be doing well, mark. >> doing all right, man. stuart: not new york, new jersey, -- where is -- >> no, i'm in a cleveland, ohio, red state. stuart: smart move. mark, always a pleasure having

you on the show. come back soon. joe biden unveiling his report plan to tackle the virus. watch this. >> masking, vaccinations, opening schools. these are the three key goals for my first 100 days. stuart: tim is back with us. tim, 2021 campaign kind of guy how does that planet stack up with the president's plan? >> well, stuart, it is the president's plan. we have heard all of that before from the very beginning. the president said wear a mask, patriotic thing to do and that is what biden said the other day. vaccine, operation warp speed which president has followed all along and we have the vaccine just about ready to go into the arms of millions of americans and that is what the president has been doing all along an opening schools when the presidents brought up the importance of opening schools per joe biden in the media collectively had pretty much a

coronary saying you can't do that and it's too dangerous. while now when biden says we've got to open schools everyone in the media says what a leader he is. it's amazing prayed this is the president's plan and it's what he's been doing all along and just as we saw throughout the entire campaign, every time joe biden said anything about what he would do on covid it was precisely what the president was already doing or had already done. another case of plagiarism by joe biden. stuart: tim, i know npd new material here but i was really shocked when i saw that job biden said we are in for a very dark winter. things may well get worse before they get better. this is a must. he painted a picture of grief and suffering. what on earth is going on here? what outlook is that from the guy who was just about to take over the white house? >> well, not a very optimistic one.

as we still, force, hold out hope in the legal battles of the president is fighting right now to win the election of course but that is not what a leader does. a leader doesn't prepare everybody for defeat, which is exec we would sound like joe biden is a doing. president trump has led from the very first day in office with an optimistic view of this country but he has taken a coronavirus very seriously since it first emerged from china. no question of that but he always looks at this country as the one who is going to emerge victorious. that is how he approached about coronavirus. for joe biden to sit there and talk about a long, dark winter to prepare everyone for misery that doesn't sound like someone who is leading in saying that this country can actually defeat this and prevail. that's exactly the opposite of the approach the president has had. stuart: quick question about the georgia senate runoff races january 5. is the president planning to go back and hold another rally or go back to the states? >> i will not get ahead of announcing what the president's travel schedule is but i know he

places great importance and was going on in georgia and already been there once and vice president traveling there because control of the senate is absolutely at stake and republicans have to get out to the polls on generally fifth or vote early if they can vote for senator perdue and senator kelly loeffler and send them back to the senate because if they were to lose the senate would be 50/50 and then would be relying on what would occur in the courts to see who controls the senate and the white house so we would rather not leave that to chance. we would rather send 52 were public and senators back to washington and that would include senator perdue and senator kelly loeffler. stuart: at the president goes back to georgia, please tim, on this rogue room and announce it. tim murtaugh, thank you so much. good to see you. the big ip of today is door -. i think the big one tomorrow is. susan: biggest of december. air b&b so they are closely watching this offering right now and what they will price their

ipo add since we know it they will praise and go public tomorrow on the nasdaq and according to "the wall street journal" the headlines look, they will price it above their that they started off with, higher than the 56-60-dollar range and if you're looking at the latest prices on door dash you're up over percent already in day one. the point of this auction, hybrid auction is so the founders and employees, early employees get most of the cash and not wall street backers. or wall street investors but they're looking at how well door dash is doing today given this is a record market, bullish market, with investor enthusiasm and you can bet that will batch higher than 50-60-dollar range. stuart: let's see what door dash is doing together today. give us a progress report, lauren. >> shares right now are indicated to open at 150-155. it keeps going up. they priced it one oh two and we have an avalanche of ipos this

week. why? pandemic accelerating the digital economy and look, we are also using make money and it's a low rate environment and investors want in. but you need to know about door dash is they have 18 million customers and they pay fees and have three and a 90,000 merchants who pay commissions. that is how they make money except that they are still unprofitable and they have been since their launch back in 2013 but what door dash is doing now is trying to diversify so they are signing up, not just restaurants but retailers as well, so they can cement and define their role in the future of how we do business. stuart: signing up retailers. lauren, thank you very much but how is this for a revolt? a judge overturns la's outdoor dining band calling it an abuse of power. as all the pushback starting to work? good question but could schools mandate students get the vaccine? miami-dade superintendent schools and one most popular guys in the world, roll tape.

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>> good morning. number one, thank you for the opportunity. in the state of florida school districts are not the entities that make that call or that decision. the decision is made at the state level by health entities and collaboration with the department of education. i think it's still too early at this point to try to arrive at that conclusion. those conversations are taking place but at this point, as you know, no one envisions vaccines for children be available until the very early at this point and the early part of 2021. i don't think that's a concern for this school year. and may become a requirement for the following school year which begins in august but not something that's been contemplated at this point. stuart: now, look, in my opinion, have you looked at the evidence your virtual learning is a real bust. i think that means we got to get the kids back into schools. would you agree with that? virtual learning just not working the weight we would like

it to work? >> stuart, i think it is absolutely fair to say but there is no comparison to in school learning or anything that will be a distance of virtually online does not compare to the social interaction and the benefits of schoolhouse learning for all kinds of reasons. it is pedagogically and better socially and emotionally and better for a mental health standpoint for students in terms of food distribution. that is why we in miami, from the very beginning, believe in choice. we decided when we open our school system to open all schools, not just some schools in the positivity rate is going up in miami-dade nonetheless we tried to strike a balance between what is in the best interest of students and teachers and what the resource tells us. that is why we continue to maintain our schools open while still providing an option for parents come a particularly of

students have underlying conditions to maintain online learning but you are absolutely right. there is no comparison that based on all that we know in online learning and physical learning. stuart: in new york city there was a real battle between parents who wanted their kids back in schools and the teachers union but didn't want them back into schools. are you seeing something somewhat similar in miami-dade? >> no, in miami-dade we have a very cordial relationship with the union representative entity for teachers and we have plans and agreements specific to the safe return to the school house and they have been a place for quite a while. we have protocols in place and we are transparent about cases as they appear in our schools but look, we have recently had a meeting with our task force of experts in public health and

medicine. the overwhelming conclusion was reached that based on data is that schools are not super spreaders and that schools are a refection of what is happening in community at large and that there is scant evidence that students in schools are aging -- agents of contagion to our employees because we follow specific rules to preventive measures and sanitization cycles in schools that do not lead to expanded, you know, expansion of this virus. i believe that the best place for students is in schools for that is why 100% of our schools are open and parents still maintain the option of utilizing an online system based on their specific circumstances or underlying conditions of their own children. stuart: alberto carvalho right in the middle of it in miami-dade. thank you for being with us this morning and adjusting a difficult question which we appreciate. >> thank you. stuart: now this.

mall santas are getting a makeover on i guess it's because of the pandemic. jeff flock is in the chicago suburbs and is a plexiglas involved in going to see santa these days? reporter: it is in some places, stuart. this is the oak brook mall here outside chicago and you see santa airstream back there and this is an outdoor mall and santa is different this year but i tell you, let me put my mask on as i start to talk to people, you been able to do it with out plexiglas, raquel? you handle malls all across the country. >> that's correct. every jurisdiction is very different so we had to follow all the state and local mandates. some of the jurisdictions will require plexiglas, some social distancing. reporter: we show you this one here, stuart. mike will go in with the camera and maybe you can see santa claus there and of course he has his mask on for it hello, sir. merry christmas to you.

good to see you. you're socially here we got these things to keep kids at bait. >> absolutely. number one thing with making the visit contact list, no matter what state or city we were located. that was number one. hand sanitizer, reservations or super important to for social distancing and then mask manda mandate. reporter: santa has a beautiful mask on. i need to get one of those where i can see your smile and i can see it to the plexiglas thing there. >> you are on the good list may be able put one in your stocking this year, you think? reporter: that might be the first thing but what about stuart varney? is he on the good list or bad list? the first time i asked this question to my mother i got an interesting response. >> you got 16 days left to get on the good list and i thank you can if you put your mind and heart to it. [laughter] reporter: stuart, if you were here they would keep you socially distance but you can still interact or your children or great grand children would be

able to interact and you still talk to them. >> absolutely, we will not change that. i still had to find out what they would like for christmas. i need to make sure they are feeling loved when they leave here, you know. reporter: feeling the love. i feel the love for you, sir, whether you are here or not. stuart: i'm working hard to get on the good list, believe me. merry christmas, jeff flock. and santa right behind you. all right, elon musk has packed up and has moved to texas. we tell you all about his parting shot at silicon valley and how snakes, yes snakes, could be falling his next big thing. china is the biggest military and economic brighton asia and the next guest says that is an understatement. kt mcfarland, next. ♪ trelegy for copd.

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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. i was blessed to be part of building one of the greatest game shows in history. during that time, we handed out millions of dollars to thousands of contestants. i thought, what if we paid the contestants their winnings in gold instead of cash and prizes. back in 1976, we had a wonderful contestant named lee,

whose 3-day winnings were valued at $12,850. and you know what? that was a pretty big haul back in 1976. so i wonder what would have happened, if lee had put $12,850 in cash and then put $12,850 in gold in a safe? just sitting there side-by-side from 1976 until now. well, i went back and ran the numbers and what i found was amazing. we all know that $12,850 in cash would still be sitting there, but it would be worth a whole lot less than it was in 1976. but that $12,850 in gold, safely stored away, it's worth $135,000 as of the taping of this commercial. now that's more than 10 times the original amount. - [narrator] if you've bought gold in the past, or would like to learn more about why physical gold should be an important part of your portfolio, pick up the phone and call to receive the complete guide to buying gold.

which we'll provide you important, never seen before facts and information you should know about making gold, silver, and platinum purchases for faster wealth protection, request a digital version of our complete information kit, which will be emailed for faster delivery. you can also receive a copy of our new "us gold report" for 2020. inside, you'll find the top 25 reasons why you need to start owning gold today. - with nearly two decades in business, over a billion dollars in transactions, and more than a half a million clients worldwide, us money reserve is one of the most dependable gold distributors in america. stuart: keep you up to speed with the markets and we been open for two hours and the doubt is down about 60, s&p five, nasdaq down 12 or 23 sorry. not much of a selloff with minor

losses there. joe biden has picked retired general way to austin to be his secretary of defense. kt mcfarland is with us. kt, i'm sure you've seen this and there's plenty of opposition from both sides of the aisle actually against him. what do you make of it? >> look, i think he's probably well-qualified and a good guy and the vice president feels comfortable with him and his work with him before but i got one major issue which is that general austin has no experience in [inaudible] and he's an army guy, not someone who will be familiar with the challenges that will come from asia which is mostly enabled or even space bar his experience is fighting terrorists and wars in the middle east and it's not fighting cyber wars and economic trade wars and all the maritime and cyber and even space issues that will come up in the next several years but to meet that reflects the entire biden administration but i don't think they're taking china seriously

and if they are there certainly not acting like it. stuart: wilbur ross is taking china seriously but here is what he has to say about china, roll that tape please. >> china continues to be both the largest potential market and the principal military and economic threat in the region. stuart: kt, the principal military and economic threat in the region. what do you say to that? >> look, i've known wilbur for a long time and i adore him but he's underestimating the threat. china is ambition extends far beyond of the region further openly talking about it and make no secrets of their plan to replace the united states, not just in asia but in the world leadership. they plan to do it with in the decade and now with the pandemic they think they can do it in five years. they plan to replace the united states economically and overtake the united states in trade for the plan to overtake the united states in technology and they will beg for our steel in

whatever they have to do to plan the critical technologies of the future. the internet and for structure was planned the 5g network under their domination they plan to control the south china sea in the world's major maritime trade routes and in addition to that they are even building a land-based your asian trade route and they have no humble ambitions of merely dominating asia and they plan to dominate the world and then they will rewrite the border and they say this openly and daily. i think, again, we've got to take this seriously because and eight, ten years and will be too late. stuart: what do you think will be biden's response? >> well, you know, let's see what he does but he's talked a good game but what he needs to do is really have a manhattan project on technology so the united states maintains and keeps our technological secrets and we need to dominate the technology. we also need to shift in the defense department pit stop wearing about the middle east

wars but start worrying about asia. start worrying about cyber but start worrying about face but president trump has done a good job so far but president-elect biden has to get it over the finish line per he's not there yet. stuart: you doing well these days, kt? >> you know, stuart, i was stressed by something he said a few minutes ago earlier in her show. you said yesterday was a great day for america because of the vaccine rollouts. i watched the whole event, the operation warp speed. i watch the head of the fda saying this is a safe virus and we been in his business for over 100 years and we know how to do this in any of the head of fedex and ups saying you know how to get this vaccine to where it needs to go into every zip code in the country and then have cvs and walgreens saying we will be ready to jam everybody in the arm and of hundreds of millions of people vaccinated trade i thought think about this. what does china do? they cause the coronavirus and

how did they cope with it? they locked everybody down. if you had it or were in an apartment building or a town that hadn't they basically put you under house arrest but what did america do? we curate. china because the pandemic in america cured it. whatever i might say about china i'm not writing the united states off yet. we've got a good system and cut both people in the nation. stuart: it's always a pleasure to have you on the show, kt. you made me feel better already. kt mcfarland everybody, she's all right. see you soon. >> thank you, stuart. stuart: still on the subject of china we find that they are indeed buying a record amounts of american produce. ashley, what are they buying and how much of it? >> they bought a lot paid let's get to it. china bought a record breaking 11.2 million metric tons of corn print that's a ton. eleven metric tons, nearly 13 100% compared to pre- trade purchases before donald trump got on the case of china paid u.s. farm profits are at a seven year high thanks to both china's

demand and additional support from federal aid to agriculture. china has bought nearly 30 million metric tons of u.s. soybeans and that is the most for this point in the season since 1991, almost 30 years bid for sorghum corn substitute china accounts for 80% of those sales. analysts say it's great but it could be risky to rely so heavily on one country but the farm bill which voted overwhelmingly for the reelection of donald trump is now waiting to see how joe biden will approach trade negotiations with china. stuart: as are we all. ash, thanks. let's get to california. the new los angeles da just took office and is making a lot of changes. i know what these changes are, ash, and you will tell our audience but i don't like the look of them, go. >> no, it's quite shocking actually. george gascon, la county new la

prosecutor, refusing he says to prosecute a laundry list of crimes saying that in many cases these misdemeanors cases the defendant suffers from mental illness. sweeping changes means the new da will not prosecute all these crimes scrolling by on your screen. look at those. loitering, prostitution, resisting arrest, juveniles accused of misdemeanors will no longer be prosecuted and on and on. so, the union, that represents rank-and-file officers in la has been quick to condemn, as you can imagine, the new policies "-right-double-quote, victims and law-abiding residents must voice today while criminals and gang member gained an ally in the muscular's office paid by the way, lapd is facing a proposed 150 million-dollar budget cut on top of all of this. that will lead to the lowest staffing level in 12 years. quite remarkable. stuart: no wonder they are leaving california in droves.

got it. manhattan beach, california joining the revolt. they found a loophole to keep out door restaurants open as the state tries to shut them down trade we tell you all about it. she is known for her hit country songs and now wynonna judd launching a new of cbd products. she joins us next. she's on the farm. ♪ ♪ before voltaren arthritis pain gel, my husband would have been on the sidelines. but not anymore!

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stuart: door dash ipo of the day, looks like the price will be real high. the latest. susan: 170-175. think about that. they're going out at 102 and that 70% of. stuart: spectacular. 170-ones of the five indicated burst price. keep on top of that one. thank you so much.

revolt is going in california and we've got a judge who is overturned the outdoor dining band in los angeles calling it an abuse of power but it's a symbolic move but important. the city of manhattan beach just designated outdoor dining areas as public seating to get around restrictions. tom del beccaro, california guy, returns this morning prayed i call this a partial victory. do you think the rollback is coming? are we there yet? >> i think it's very important. imagine that they had to have evidence for it they stop people from pursuing life, liberty and income. remember that happened in michigan as well. this will go up the courts. we have very liberal courts, as you can imagine, but it is up victory and they are filing more lawsuits. stuart, you know they divided the state in these five ridiculous regions where san luis obispo county, very rural, is matched with la prayed they are shutting down san luis

obispo in the same way as la. that is where the next fight is to break up these regions into something more rational. stuart: but is it a real push back or is it a couple of isolated incidences here and there centering on restaurants? is there a real opposition to the whole idea of newsom and lockdown and shut-ins and stay home? real, tangible, organized, developing opposition, not just one off shops here or there? >> keep in mind, and chairman of rescue california .org and there's over eight on a thousand signatures signed to recall him and that is beginning to get a lot of press, a very liberal rag here in california is talking about the new momentum for that. people are beginning to wake up. there's a new report that gavin newsom company received huge amounts of ppp loans, perhaps beyond what they were deserved and that fuels it. what is going on in la scares

people were district attorneys no longer means don't arrest. all of these things are starting to create californians to pushback and those 800,000 signatures is good evidence of that. stuart: tom, one last one. i heard a report that when newsom went to the french laundry for that, not illegal but out of rules dinner, his wine bill was $10,000. is that accurate? >> yeah, this was done by lobbyists. they send to people and there's no question about it that it was a tens of thousands bill and then, of course, the san francisco mayor went there the next day and is these kinds of political actions or at least perceived as political that are hurting governor newsom and adding fuel to the fire. stuart: newsom lives in a vast estate, for children in private

schools so what a deal. thank you, tom here at come back and see you soon. i like to see that a term of thousand go to well over 1 million. >> it will appear thank you. stuart: let's move to nashville. bars and restaurants can operate at 50% capacity and that is hurting a tourist city and look who is here. i want to bring in country music star wynonna judd who joins us this morning. wynonna, wrote pleasure to have you on the show. good to see you. >> it's good to be seen. [laughter] stuart: you are based in nashville but i believe you live on a farm. >> i do. stuart: trying to get away from it all? relaxing? how are you doing? >> i used to do that but now i'm ready to get my car and drive into town just to wave at people. the farm is solitude and some days it feels like it's been nine months on the farm and i'm creating -. stuart: we've got a freeze-frame but that's what that is called. you are trying to do a live

broadcast from a remote location and sometimes the picture freezes and the audio freezes. is when on the back with us? not yet. we will talk to her a bit more about life on the farm and cbd products which she has a new line of that. i want to know more about that. let's get back to the markets. she's back. it can happen in just like that -- suddenly, winona is back. there she is. let's move on. cbd products. look, i tried it but it just put me to sleep. >> not such a bad thing. [laughter] stuart: yeah, but i don't particularly wanted to go to sleep. i wanted to relax and get away. >> i think we need to relax. listen, i'm not a salesperson. i'm a storyteller prayed i can tell you this all my fans i talked to on zoom that we are doing concerts online everybody is processing a lot of stuff. i'm just trying to stay

peaceful. i'm off to medications and looking for alternatives and a new way of living. i live in the woods and there is wisdom in the woods and just a piece happening out here. i want to feel that when i'm traveling and rocking around the world so. stuart: why don't you use the real thing? marijuana, thc in it. >> well, you know, that would be tough because my mom lives over the hill and my son is a policeman. you know, i'm trying to live legally here. stuart: okay. the shot is bouncing around but we got two. so you've got your own line of cbd. >> i do but why not? it's america. here is the deal, i do everything in a pretty honest and the fans know me i've been doing this 37 years. i teach people what i'm learning and i'm working at home and i'm learning how to handle being a mother or end a wife and all that business stuff. that's why i'm here is to help

business people. we need balance and we need to chill out and have times when we are not talking a million miles a minute and i'm 20 do the same thing from itself and want my fans to benefit as well. stuart: what is the cbd product called? >> called harmony, believe it or not. [laughter] stuart: that will do it. winona, thank you for harmony. thanks so much for being with us this money but you are genuine star and a pleasure to have you. >> peace and harmony, deere. stuart: i'm all for it. winona, thank you. see you soon. stop what you're doing and take a look at this. the world's most powerful cup truck. the most powerful in the world. we give you a close-up look at the all-new ram 1500 trx. will be back. ♪ ♪ hi, this is margaret your dell technologies advisor there's an art to listening. it's the ability to hear more than what's being said.

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and if we win, we get to tell you and doug.s what you get 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: it is the world's most powerful pickup truck in the ram 1500 trx and we're live at the club in new york getting a live land look. gary, show us what it can do. >> yeah, that is what it can do right there. not only 702-horsepower's which is so much more than any other truck that you can buy today but

also this crazy off-road extension designed for driving at high speeds through the desert and through the snow, i guess. that's what we got hit here. this is most powerful truck by far and the starting price of $72,000 and i will tell you that jump right there did not even feel that. the thing is like driving on a miracle or one of those memory foam mattresses and i talked to mike whose head of the brand yesterday and he said this has been driving more traffic to the ram website and to the dealers than any products they've had and this was about to get people excited about the ram talks but these are selling really well and they have 702 to go it, 702 house board number and does $92,000 each and they sold out in three hours and this starts at 72 and they were making as many as they can or as many as people will buy.

stuart: i'm inclined to just let gary run with this thing because he's clearly having a good time. looks like he can go over cliffs and still be sunny side up. pretty good, 72-horsepower and or i'm sorry 702 house poorer horsepower. that's extraordinary stuff. $72,000 starting price or they will sell as many as they can make pretty extraordinary. gary, you get all the good stuff and you get all the perks on the offer here. thank you for being with us. take it easy. >> i'm not taking it easy. [laughter] stuart: no, you are not. have a good time. we are still awaiting door dash and this is one of the most important ipos of the year went out today and it was supposed to go out 102 and what is it now? susan: 185 so that means we have evaluation of both -. stuart: i'm sorry lauren, i

meant to continue -- tell me again the price now on door da dash. >> no problem. it's indicated to go out at 18 185-190 so obviously there is tremendous demand there for a listing like this and a company like this that has boomed during the pandemic and i guess investors see the way forward for how door dash becomes profitable and continues to grow when the pandemic subsides and people can go get there pete set themselves of the local pizzeria. stuart: extraordinary but susan it was not supposed to go up as much as. susan: they priced it at 102 and this is a hybrid option meaning the founders wanted to get most of the benefits before the stock rises but it's looking like a snowflake to? 100% rallies on day one and we are up above 80, 90% now. stuart: i wonder if the robin hood guys are active in door dash when it goes out there. maybe it will print more varney

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aerotrainer's unique design allows for over 20 exercises for a total body workout. plus, you can easily transition from one exercise to the next. want tighter abs and a stronger back to help relieve pain? 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. start with a wall plank and progress with maximum muscle activation with comfort. work your lower body with the aerosquat or advanced super squat, all while in a safe, ergonomically correct position for maximum results. build your upper body with pushups. aerotrainer is perfect for bridges and total glute workout. (host) need to reduce stress? just stretch and breathe. (announcer) plus, it's a great platform to enhance yoga and pilates moves, even increase flexibility and reduce back pain for golfers.

the aerotrainer is tested to support over 500 pounds. train hard, because aerotrainer can take it. it inflates and deflates in less than 30 seconds using the electric pump. aerotrainer works for families, beginners, and athletes. use it anywhere. even strengthen your core while watching tv. head to aerotrainer.com now. aerotrainer's unique design allows for over 20 exercises for a total body workout, all while maintaining safe, correct form. 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. stuart: the first price own doordash has gone up again. it is looking more like 190. susan, question, does that mean that when airbnb is is frommed the price is likely to go up?

susan: above 60, probably closer to 70 at this point. we're looking 195 for the first trade. these are recognizable young gig names, right? >> i think robinhood is active i really do. pubmatic ipo today, 55%. what a day for ipos. neil, it is yours, really incredible, stuart. let's pick apart some of the numbers we're getting on doordash as stuart was saying. that ratcheted up, up, and up. normally confidence people will buy those shares. when all of this started they were looking in the 70 to 75 range. that itself had been upped a number of times by those behind this to try to get it offer the ground since they were optimistic this would be a successful offering. then we got into a new range saying 85 to 90, 90 to 95. just a short time ago, 100 to 105. then 170, to 175.