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tv   The Claman Countdown  FOX Business  December 28, 2020 3:00pm-4:00pm EST

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especially for businesses right now. raise taxes on them, it's not going to be good. lauren: how worried are you about the biden administration? >> i am definitely worried about it. lauren: okay. got it. >> a new administration can raise taxes. of course i'm worried about it. lauren: thank you both so much. cheryl casone in for liz claman. over to you. cheryl: thank you very much. you know what, i'm wearing red because folks, tis the season. we have the santa claus rally in effect right now as the markets fly to all-time highs to open the final trading week of 2020. we are finally here, folks. the dow, the s&p 500, the nasdaq and the russ 2000 all aiming for record closes after president trump signed that $900 billion covid stimulus bill into law last night. take a look at the dow right now. we are higher by 240, off session highs but still well on our way to another record for the dow. s&p up 36. nasdaq up 122. russ 2000 teetering with a new record. and the transports, we will talk
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about that with phil flynn, also higher right now. also right now, the house is trying to push through a new bill that will send $2,000 stimulus checks to americans in need of relief from the pandemic. something president trump wanted to see, remember. we will have up to the minute details coming out of capitol hill today. they are back in session after a brief holiday break. meanwhile, americans are flocking to stores to offload that ugly christmas sweater or maybe just an ugly sweater that you got. we are going to show you how brick and mortar and online retailers are actually handling the massive returns that are always expected this time of year. we are also going to introduce you to the company that makes sure your cell phone is charged as you wait in line at the mall. the charge it spot ceo is here. that's a fox business exclusive. plus the coronavirus is playing havoc with the rental market. the ceo of the national apartment association here to
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tell us when he thinks the ever-important real estate sector gets back to normal. one group is rallying thanks to the relief bill being signed. take a look at -- there are the markets right now but it's really all about the airlines right now. the airlines getting a little bit of a covid stimulus bill boost, if you will, thanks to that signature from the president last night. shares of american, jetblue, united, delta, southwest, all popping on this news. as you can see, green across the board, in particular the best performer there is jetblue airways. so the bill that was passed provides $27 billion in relief for the airlines and other transportation companies. a lot of these ceos have said without this, there were going to be massive layoffs in the industry. at least for now, that could be averted. good news for those folks. this is also helping the markets to kick off this final week of 2020. all the major indices hitting record highs today.
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you've got the final monday of trading right now, it's a nice rally to see. the markets are moving higher, basically they definitely started to move back on christmas eve. are we set to see the santa claus rally which if you heard it all day, not sure what it is, it's the last five trading days of the year plus the first two of the new year. let's bring in scott redler and phil flynn to talk about it. the question always is, should investors be prepared for that santa claus rally. again, the stimulus bill getting signed certainly helped us out this morning. >> well, when you want to prepare for the santa claus rally you want to try and get involved before it actually starts taking place, and you put your positions on anticipating it and if you recall last week i was on with liz trying to anticipate this with buying amazon, apple and microsoft, which were all sold because the rebalance with tesla. right now, if you are positioned for the santa claus rally you are feeling pretty good today. lots of stocks are on the move. if you have been positioned all year pretty much, you are feeling pretty good.
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the question is, usually strong stocks end strongly because nobody wants to take profits at the last day or two of the year. but there's a small chance that some people get a little bit of cold feet because they are worried about the january 5th runoff in georgia, just in case if it does go fully democrat, maybe the biden administration could have a bit of -- little bit of a window to have a bit more radical taxes passed. i think it could be a little bit different but as of right now, the trend has been your friend. lots of things on the move. i still think apple, amazon, microsoft, mega-cap tech is in play. i think they go higher and we've got a lot of rotation every single week. it's not just that. you mentioned before the airlines, looking good, each week is a different week in this one. i'm focused there. cheryl: it did when the vaccines began to roll out as well. you saw a pickup in travel stocks. every time we get closer to what we think could be maybe a return to at least a new normal, that helps. looking at apple, it's up about 80% year to date. amazon is up more than 70% year to date. before i go to phil, i want to
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ask you, do we wait a little bit and want to pick up these performers of 2020, maybe see what happens in georgia, maybe see what happens in washington? >> well, you can kind of -- it's not all or none. amazon actually itself for seven months hasn't done anything since july so today is the first day it's actually waking up on the actual cybersales. so you're not missing anything. as far as apple, it's been performing well all year so it's already in motion. same thing for microsoft. but i think that if you are a little bit concerned of the possible lift in volatility, it's not all or none. do a third of your position, then wait until afterwards, have to pay up a little more when that head wind's gone, you do so. that's the best way to go. cheryl: phil, same kind of question to you. i want to hear what you think about maybe some stocks you think might lead the rally in particular in 2021 but also your thoughts on the very battered energy sector. a lot of the oil companies out
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there took massive amounts of write-downs in 2020 and i had a guest on this morning telling me, john hoffmeister says these are the stocks you want to look at right now. >> i agree but i think he's right. if you look at the write-downs in the energy companies, they are going to be very careful not to get burned in the new year. we are hearing that from the big energy companies, we can't have these write-downs in the future, we have to look at our projects a lot smarter. they've got to show a better return. that means probably they are not going to be taking some things that are higher profit potential deals. with the incoming administration, that means we will have less production in the new year. that means higher energy prices and the stock prices are going to benefit from that. even with more regulations coming down on them, the energy companies are going to benefit because of higher energy prices. that's why these stocks are doing so well. you add to that the
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transportation stocks, right, they are getting a big boost with the stimulus. look at exxonmobil for energy, but you could look at fed ex on transportation, that's been on fire. ups, and the airline stocks are going to start doing better. you mentioned jetblue is having a great day today, because not only are they going to get stimulus, the possibility of a vaccine in the new year means people might actually travel. they might leave their apartment. they might fly in a plane. so the outlook looks a lot better. so the stocks that were the dogs this year are going to outperform in the new year. we especially expect that on the energy sector. cheryl: i was looking at the year end to date for the transports, about 50% gain for the year in 2020 which i think is pretty shocking, considering where we were back in march, when all of this began for all of us. scott, phil, guys, thank you very much. appreciate it. >> happy new year. cheryl: happy new year. well, we've got some breaking news we do want to get to you. the house has gavelled back into session and is preparing to take
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two very important votes in a unique and rare, very rare post-holiday session. this is video from 2:00. there's two votes they are going to do. one will increase the stimulus checks. the vote will be on to increase stimulus checks from $600 per adult up to $2,000. we will see how that one does. the other vote they are going to take will be to override president trump's veto on the defense spending bill. not expecting these votes until about 5:00 p.m. eastern time but want to get you right to capitol hill. mike emanuel is there with all the details. i say this is a rare, unique moment we are seeing with the house and the senate coming back into session post-christmas, mike. reporter: sure. you are absolutely right. these folks love their holidays so republicans say they should have the votes to override the president's veto of that $740 billion defense policy bill. >> this is a great bill. this goes after china, russia, does a lot to shore up our
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cyber-defenses which are extremely vulnerable, to sustain the president's veto after you voted for this bill, i just don't understand. reporter: lawmakers are debating a veto override which requires two-thirds support when the house votes later today. the other issue the house will vote on is those $2,000 covid stimulus checks, which president trump and top democrats support. >> this bill is not sufficient. it's emergency but it's not enough. one place it's not enough is relief to people. i am fighting, senate democrats are fighting for $2,000 per person. donald trump talked about it. but now he's got to act. reporter: some house republicans argue if you are going to spend more, there should be some cuts made, too. >> unfortunately, we have a lot of debt junkies in washington, d.c. on capitol hill, those in the house and in the senate, so i would imagine that anything that spends more money, these folks are going to pass. that's just the nature of the beast here on capitol hill.
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reporter: if the house passes the stimulus measure late today, its fate in the senate led by majority leader mitch mcconnell is not clear. some supporters worry it could hit a dead end there. >> will the grim reaper, mitch mcconnell, allow his colleagues in the senate to vote their conscience, to vote their constituents' needs, or are they going to stay with an ideological absolutism that is singularly unhelpful? reporter: after just authorizing about $2.3 trillion in spending between government funding and covid relief, there are no signs senate republican leadership will want to spend more now. cheryl? cheryl: yeah, very true. we will be watching everything happening on capitol hill. mike, thank you very much. we certainly appreciate it, sir. well, you know, vaccines are making it to our medical heroes and our most vulnerable, but not in rural america. the holdups that could leave senior citizens and front line
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workers in many parts of the u.s. waiting until february to get vaccinated against covid. we will go to rockford, illinois for a live report on this. i want to take a look at your markets. the dow, s&p and nasdaq all hitting new records today and this would be the twelfth record close for the dow just this year. "the claman countdown" coming right back. robinhood believes now is the time to do money. without the commission fees and account minimums. so, you can start investing wherever you are - even on the bus. download now and get your first stock on us. robinhood. new projects means you need to hire.gers. i need indeed. indeed you do. the moment you sponsor a job on indeed you get a short list of quality candidates from our resume database. claim your seventy five dollar credit, when you post your first job at indeed.com/home.
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cheryl: yesterday the u.s. reported the fourth highest number of covid-19 hospitalizations since the pandemic began. the department of health and human services is reporting that last week, nearly 40% of patients in icus across the country had covid. while the first doses of vaccines are being distributed to health care workers and politicians in big cities, the more rural areas of the u.s. are seeing major covid spikes as the vaccines are weeks away from arriving to these areas. now to jeff flock, live at heritage woods, a long-term care facility in rockford, illinois, to kind of explain to us what's going on here. hey, jeff. reporter: hello, cheryl. yeah, this is long-term care facility. rockford is not exactly a rural
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community, but it is quite far from the big population center in illinois which is chicago. i'm in the room of joyce swanson. thank you so much for letting us come in. one of the residents here. you've got about 100 residents, i think, that live here. you just learned even though they are starting today in illinois to vaccinate, you won't get it for another month. >> yeah. i was surprised, because i thought we would get it sooner. reporter: yeah. that's kind of what the thought was because you are on the priority list. >> yeah. i hope so. reporter: yeah. one of the reasons you're on the priority list, if you look at the numbers, by far, in terms of percentage, the largest number of cases have been in long-term care facilities. it's kind of been a breeding ground. this one fortunately has been lucky it hasn't rgs as a result of their efforts here, haven't had cases but -- and you look at the general population, if you get covid in the general population, less than a 2% chance of dying. in long-term care facilities,
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about 12%. jackie is the administrator here. jackie o'keefe. you are kind of disappointed this is taking so long, yeah? >> absolutely. in the beginning of december, when we heard that they would start december 28th, we really were thinking that we -- it would roll out a little bit faster. however, we're looking at a four to six-week timeline and we have talked to our pharmacy and they have not been given the go ahead to start with assisted living. reporter: officials are a little concerned because sometimes in rural areas, some people can be vaccine-averse, not wanting the vaccine or even being suspicious there's a pandemic out there. you would like to have this vaccine, wouldn't you? >> yes, i would. reporter: do you have any worries about it, whether there will be side effects or anything? >> no. it's the same as the flu, the flu vaccine, probably.
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reporter: you told me earlier if you get that vaccine you feel like you have a chance of getting back to normal life, because right now you are locked down, you can't go anywhere, you can't do anything. >> right. right. that's true. because with the vaccine, maybe we would be immune. reporter: yeah. that would be nice. >> um-hum. reporter: well, maybe we will light some fires under some people. >> i hope so. reporter: joyce, thank you so much. jackie, thank you, by the way, for entertaining us all day here. we're just trying to show you what's going on out here in the real world. they are all eager to get it. all they need is the vaccine. cheryl: you tell joyce i hope she gets that vaccine as soon as possible, okay? reporter: will do, cheryl. cheryl: jeff flock live for us, showing the real side of what we are seeing with this vaccine distribution and rollout. we want to flag you to something. fox business is having another virtual town hall.
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charles payne is going to host the future of capitalism january 13th, 2:00 p.m. eastern time. message fox business on facebook or instagram or e-mail your questions to investedinyou@foxbusiness.com. that's coming up on fox business. also coming up, president-elect biden is focusing this hour on his plan to secure the nation from china to iran to russia. his top national security priorities. you're looking at a live picture as he is addressing the nation. he got his security briefing a few moments ago. the president-elect is addressing his constituents obviously and talking about that briefing. we will monitor this for any news. if he makes news, we will bring you his comments asap. promise you that. back to our markets because look at this. dow up 234, well above 30,000. "the claman countdown" coming right back. now is the time for a new bath from bath fitter.
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cheryl: we have been monitoring these comments from president-elect joe biden.
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again, he is speaking, this is a live picture right now you're looking at, in wilmington, delaware. he's just wrapped up prior to these comments his briefing with the security and foreign policy team and those remarks are about his plan to keep the country safe. we are monitoring those comments. obviously we will bring you any headlines we get out of it but i want to bring in hillary vaughn. she is live in delaware with details on his four-year national security plan, which you just got more details on, hillary. reporter: i want to flag comments that president-elect biden made at the top, specifically addressing the bombing in nashville. he thanked the heroism and the courage of the police officers involved that did their best to evacuate the area from the bombing, he encouraged people to come together to try to heal and rebuild following this event but he said this is a sign and this is evidence, really, of how much damage one person can do to a community, and he says he's
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going to be working to make sure that things like this do not happen under his watch, but he also talked about some of the things that he has been hearing from his national security team this afternoon, including what he says was really a delayed meeting of information. he thanked his team gathered today, over a dozen members of his national security team from several agencies that are assisting in this transition, saying really thank you for your patience and for your persistence through this, while the gsa ascertainment delayed their access to classified information, but he did say that now that they do have full access to that classified information, that they are kind of doing an assessment of where things stand. here's his comments on that earlier. >> the truth is, many of the agencies that are critical to our security have incurred enormous damage. many of them have been hollowed out in personnel, capacity and in morale.
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the policy processes atrophied or been sidelined. reporter: today, president-elect biden also signaled a 180 shift away from president trump's america first foreign policy which he is really describing as america alone, encouraging under his watch, america to work with other countries to deal with issues, but he did talk about the solarwinds hack as one day one issue he thinks there's bipartisan agreement to deal with, saying they are still learning details about the hack but he believes that there is consensus with republicans and democrats that securing the american people against similar cyberattacks in the future really needs to be a day one priority, but also, he talked a lot about the department of homeland security and fema and working with them to really rework the entire strategy on the border, saying that they need to start processing asylum requests from immigrants on the southern border much more
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quickly than president trump's administration is doing, but he also acknowledged that bringing people into this country in the middle of a pandemic is not only a national security concern but also a health concern as well, in bringing people in. we are getting more information as he continues to speak right now, cheryl, and we will bring those details to you as we have them. cheryl: just as you were speaking, the president-elect actually wrapped up those comments but thank you for monitoring the top comments. i think those are really important to get to our viewers. hillary vaughn, thank you very much for that live report, keeping up with everything. we are getting more breaking news and want to bring this to you. we are just learning that ghislaine maxwell, accused of being an accomplice to jeffrey epstein, was just denied bail. u.s. district judge allison nathan here in manhattan previously had denied maxwell
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bail in july. she said again, she concludes no conditions of release could assure the defendant's appearance at future proceedings. again, ghislaine maxwell will stay in jail. that news just crossing. we also have some other big news breaking this morning argue lori loughlin. she is now a free woman once again. the "full house" star was released from prison in california after serving a nearly two-month stint. this was part of a plea deal. you remember the college admissions scandal she and her husband were wrapped up in. her fashion designer husband. they both pled guilty in may to conspiracy charges in connection with their daughter's acceptance to usc which of course were fake scholarships. the celebrity parents now remember, they were accused of paying $500,000 to a consultant, rick singer, to falsely identify their daughters as, you know, the crew team recruits. neither teen actually ever played the sport.
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loughlin's prison time again coming to an end but not her husband's. he's still going to be serving out his five-month sentence in california in 2021. but lori loughlin as of early this morning in california is a free woman. wanted to get those stories out to you just now. another question we have asked it already, let's ask it again, could vaccines be the panacea, the cure-all we need but is it too little, too late for the landlords? some of our biggest metro areas saw residents flee apartments for homes in the burbs during the pandemic. we will ask the ceo of the national apartment association that very question and a lot more about it coming up next. looking at the big board. we have now got about 30 minutes to go until we close. dow on track for another new record. s&p and nasdaq hitting new highs as well. wooisht.
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. cheryl: we've got a fox business alert for you right now. at & t's warner brothers film "wonder woman 1984" performed wonders at the box office after premiering on christmas day, setting a pandemic theatrical release record with $17.6 million in box office sales in the u.s. and canada. warner brothers simultaneously released the film on its hbo max streaming service. they say millions tuned in to watch the film in total viewing hours tripled for them on friday, christmas day, compared to another typical day. taking a look at at & t, little bit of pressure on the stock but still a big win for them. we're looking at some of the other streaming names. all of the others in the group were actually higher right now, as you can see. bitcoin breaking records after briefly jumping past $28,000 on sunday. today it's up, as you can see, a little more than 9.25%, $26,750. then take a look at tesla. tesla's ceo elon musk using his
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favorite medium, twitter, to declare taking the electric vehicle company private, he says basically that's impossible now to take it private. remember, they just joined the s&p 500 last monday. he had discussed taking tesla private back in 2018 when the stock hit $420. that tweet, remember, got him fined $20 million but he again making those comments again. now, that was then. take a look at the stock now. this stock has skyrocketed 700% year to date. this pushes tesla to one of the highest valuations ever for a new company joining the s&p 500. what a year for tesla. well, what a year when it comes to the pandemic and our homes. job losses and social distancing efforts leading renters and apartment owners to flee the city in droves during the pandemic, a couple of cities. some people say they plan to stay in the suburbs for good. joining us now in a fox business exclusive, for a closer look at covid's deep impact on the rental industry, national
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apartment association ceo and president bob penager. great to have you here. >> thanks for having me on. cheryl: i want to get your thoughts on the eviction moratorium money that was put into the covid stimulus bill that the president signed last night. it's $25 billion. if this would have expired january 1st, if he hadn't signed it, basically back rent would have been due for millions, maybe 10 million people out there across this country, but this is just a temporary stopgap, i guess, if you will. what is your reaction to what you are seeing with this $25 billion number? >> well, the $25 billion number is a down payment on what moody's estimates is really a $70 billion payment of rent. so there is still $45 million out there the industry is struggling to make ends meet over the months that have gone by and has accumulated debt. cheryl: i wanted to ask you about the kind of types of landlords out there because maybe folks would assume it's
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big companies, it's corporate ownership of apartment buildings. that's really not the case. there's actually more mom and pop operations out there when it comes to owning rental properties, which has always been a good source of income for them, but you're saying that's changed and we're not really paying enough attention to that. why? >> no, we're not. 53% of the 41 million rental units across the country are owned by individual mom and pop landlords. these are people who instead of putting money into our 401(k) and stock market, they decided to put it into real estate and this is their annuity, their retirement egg. this is a segment that's truly at risk. if we see a loss of housing units on the rental side, it's going to have a lasting impact [ inaudible ]. cheryl: just to be clear, there has been no quote unquote, bailout or assistance for them, for the property owners, because even during this entire pandemic thus far, they are still paying their taxes, paying maintenance costs, paying for general upkeep of their buildings, correct?
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even though they are not bringing in that rental income. >> that's completely correct. this is a small margin business. the perception is that there are huge profit margins but for every rental dollar that you pay in rent, only about nine cents of that goes back to the operator in forms of profits. 39 cents pays for the mortgage. 27 cents, all the operation of the property, keeping things going, and then you are going to put 14 cents goes to property taxes, because like all things, government has to be paid. the employment of police, firefighters, emergency services. if you are operating right, you can put aside about 10 cents for reserves to replace what needs to be replaced or other major repairs you need to set money aside for. if you are operating things right, you get about 9 cents of every dollar. with the challenge we have through this year, i talked to people all across the country as a property owner in utah who has
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a couple single family homes and he's beening wo working with hi residents but he's now out of reserves. if the roof was to leak, he couldn't repair it and he's struggling to be able to pay the mortgage. these are real things that are happening to individual investors all across the country. cheryl: well, as i let you go, i do want to show our viewers, although the numbers will look a little ridiculous, here in new york city, the rent has dropped. i know this is happening across the country but just one example, look at this. november 2019, average rent, $3500 in the city. now it's $2800. that's the national story, these types of drops we are going to see across the country, right? >> yeah, that's happening in major metropolitan areas all across the country. we are seeing a shift of people that are looking for suburban properties that are even with this environment that now that people can work remotely, people are making decisions to move across the country. all of that plays out on the
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other side of covid and our employers [ inaudible ], i don't know, but i do think people will ultimately come back to the cities because all the things people like about the walkability and having access to amenities, i think eventually that will come back. it's going to take some time. they will have to survive during that period. cheryl: couldn't come back soon enough, bob. thank you very much for your perspective. it's an interesting take on what's happening in our economy. thank you. >> thank you. cheryl: all right. well, here's a question for you. did santa bring your loved ones everything they wanted under the tree this year? i'm guessing the answer is no, if the u.s. postal service was involved. we've got an update on this year's holiday shipping nightmares and what's being done to ease the return process for all of you. plus, how one company is looking to help get retail's biggest names a charge even after the holiday season and potentially help save some lives along the way. as we go to break, want to take a look at the markets. we have hit new highs. we are on track for new records
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at this point for the dow and the nasdaq and now the s&p as well. we are going to see some new highs coming in hopefully at the close in 20 minutes. we'll be right back. grandpa, can you tell me the story again? every family has their own unique story. give your family the chance to discover theirs this holiday season, with ancestry.
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the record year for those unwanted gifts. why? because we are shopping so much online so retailers are streamlining the process to avoid crowds. for example, i'm standing in front of uniclo. if you were to buy goods online you are not allowed to return it in store. you have to ship it back so they avoid crowds in the store plus you got to pay $7 to do so. online sales, though, have jumped, soared about 49% this past quarter, according to mastercard. that equates to about one-third of total retail sales this holiday season. but all those gifts you got may not be so perfect. the national retail federation predicts we will return one out of every ten gifts we receive. that equates to almost or a little bit above $70 billion in unwanted goods. i caught up with some of the shoppers that are out here today to ask them what they thought of this holiday season and how they were shopping. listen in. >> most of it's been online,
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some in stores but i try to stay out of the stores. >> shopping online, by far the best experience. i'm doing that a lot more than going into the store. >> this year i have been shopping almost exclusively online. and it's pretty difficult to return anything. reporter: if we are talking about that streamlining process, you have walmart working with fed ex so that fed ex will come and pick up those returned items. you have amazon that is allowing you to drop off your returned items at a bunch of whole foods locations. then you have dick's sporting goods, too, that is doing curbside returns instead of curbside pickup. you can understand retailers are preparing. it's a little bit quiet here but there's no doubt that you have retailers and shipping companies that are gearing up for this brutal season of unwanted goods heading in their direction. back to you. cheryl: all right, kristina partsinevelos, love the outfit, by the way. looking very festive today. reporter: thank you. thank you.
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cheryl: right out of a hallmark movie. kristina partsinevelos, thank you very much. great report from you. well, let's stay with kind of the shopping theme, if you will. as you wait in line to return that item as she was just talking about, you may need to charge your phone, at least a little bit of a charge, especially as many retailers are now scanning either a bar or qr code to process your return. charge it spot is a company that places units at malls and stores where customers can charge their phones securely. the free service available at a lot of retailers you probably know, dsw, bloomingdale's, a lot of other locations including malls. there's saks fifth avenue for you. the company is adding ultraviolet technology that sanitizes your device as it charges in the space. let's bring in the ceo of charge it spot. great to have you here, doug. >> great to be here. cheryl: first off, for those of us that don't know, explain how this actually works, when i get to a mall or saks fifth avenue. >> sure.
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so for eight, nine years now, we have been really just charging phones. when the pandemic started, we realized that phones are by far the dirtiest item that we carry with us. ten times dirtier than a toilet seat, actually. so we quickly investigated solutions to be able to address this problem and ultraviolet-c specifically is a lightweight one that inactivates viruses and kills bacteria on surfaces that it touches. so what we retrofitted our units with, this has been over the last month or two, is ultraviolet-c in our lockers to inactivate viruses on all six sides of the phone at 99.9% to give users and customers that health benefit so that while they are getting the charge, they also get the clean on the dirtiest item they carry with them. cheryl: what about access to the phone? we are all concerned about, you know, sharing information wherever we are. you worry about hackers getting in, they use free wifi at a
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coffee shop, for example, because aren't these retailers reaching out to you as well during the charge, or am i mistaken? >> so the way we have built our system is so that it's only one directional power that goes to the phone. we have made it impossible for any data to sync with the phone. that's really important, to learn more you can go to securecharging.org. in terms of access to the phone, what happens is the user puts it in a secure locker while it charges and while it sanitizes. they have their own secure code and when somebody needs a charge, if the phone's dead or close to dead, they don't mind separating with it for 15, 20, in some cases up to an hour of time to get the full charge, slarnly when they want to get a full clean, they of course have to relinquish their phone to get that clean on all six sides of the phone. cheryl: i'm curious, too, if you are getting any data in right now that shows you where people are using the charging stations,
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because i think that would give us a sense of where the retail traffic is. >> yeah. we monitor this closely over the holiday shopping season. we saw a couple interesting trends. one, this year, believe it or not, strip malls are in. strip mall traffic is outpacing traffic in traditional malls and urban shopping centers by about 20%, compared to last year. also, an interesting thing that we saw with shopping traffic is that normally you see a bigger spike around black friday, and a bigger decline the following week. for example, last year, we saw 25% boost in traffic black friday week followed by 19% decline the following week. this year, you saw not as steep an increase and not as steep a decrease. it went up 12% black friday week, then down 10% the following week. so certain things we're seeing, it's a more elongated shopping season. also seeing strip malls outpacing others mainly because people want to travel in the
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comfort of their own car and the safety of their own car to one or two different stores as opposed to sort of mulling through a busier environment. cheryl: a crowded mall. exactly. that's a really good point. doug, thank you very much. we appreciate it. >> thank you. cheryl: well, golf becoming one of the most popular socially distant activities during the pandemic. coming up, our closer's got the three picks he says can hit you a hole in one for your portfolio, anyway. hint, a golf pro is involved. i'm not just being silly out here. i mean it. let's take a look at the dow as we go to break right now. again, we are on track, we are off of session highs. we are still going to clock another record close for the dow and the nasdaq and the s&p. we've got eight minutes to go. we'll be right back. some things are good to know. like where to find the cheapest gas in town and which supermarket gives you the most bang for your buck. something else that's good to know? if you
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health and wellness items. everything from over the counter medications and vitamins, to first aid items and personal care products. best of all, if you have medicare and medicaid, you may qualify for multiple opportunities throughout the year to enroll. so if you want more from medicare, call the number on your screen now to speak with a licensed humana sales agent. learn about humana plans that could give you more healthcare benefits. including coverage for prescription drugs, dental care, eye exams and glasses, hearing aids and more. a licensed humana sales agent will walk you through your . . also send this free guide. humana, a more human way to healthcare. keeping your oysters business growing has you swamped. you need to hire. i need indeed indeed you do. the moment you sponsor a job on indeed you get a shortlist of quality candidates from a resume data base claim your seventy-five-dollar credit
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when you post your first job at indeed.com/promo ♪. cheryl: less than five minutes
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to go. this is the final monday of trading for 2020. record closes for the dow, s&p 500 and the nasdaq. dow up 213. nasdaq 31. s&p up 31. a record for the russell earlier but we'll not clock that in. they're all hitting fresh on the president signing that covid relief bill last night in washington. we have three full trading days left for 2020. our countdown closer has three stocks that he thinks are holes in one. eric, good to see you. >> good to be here. >> look, 2020 a lot of folks are ready to say good-bye to this year but the market really performed astoundingly i think.
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what do you expect for 2021 in general? >> well, we think the market has become a little overbought here. sentiment probably got a little too optimistic in the short run. which means we're probably due for a correction. however we think next year we'll have actually, we could see further upside. wees specially like small caps because they have the most opportunity for earnings recovery. they were hurt the worst by the pandemic. they have probably the most upside as far as earnings in the cyclical areas they operate in. cheryl: let's talk about -- i have to follow up with our viewers on the golf pun. i made a lot of fun about this one but callaway golf, golf has had kind of a resurgence, it is outside, socially distanced, regained popularity, but that continue in the spring? >> we own this stock in the
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hodges small-cap fund and we saw it as a company that really benefited from the pandemic as people played more rounds of golf this year because they were outside, they benefited but they also stand to benefit as reopening trade now that they have purchased top golf. so has top golf continues to open up locations we think there is a great secular growth story here that will do well over the next several years. we like top -- we like callaway golf. cheryl: golf is a fun game. it is really frustrating. you like taylor morrison homes. the stock is up 22% this year. obviously we were talking with another gifted about exodus from the cities to the suburbs. how do we get benefit from this stock in 2021? >> we think the housing market will remain relatively healthy next year. because of household formation
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there is not enough supply to maintain demand. taylor morrison is in the entry level housing market. we see further up side in the stock. they trade at a much lower multiple compared to the peers. it is fairly unknown company out there but we see that one with pretty material upside in 2021. cheryl: i have about 10 seconds here but commercial metals? >> this is a rebar manufacturer. we think there is a big opportunity for infrastructure next year, new highway build. we think commercial metals is one that is really underneath the radar, it has a lot of earnings power. >> we'll see how our trade relationships shape out in 2020. that can certainly affect all the pressures metals. i hope you play golf. we'll see if the company does well, callaway. good pick. >> all right, thanks. cheryl: we have the fireworks about to start on wall street. i love it! record closes, the dow, s&p, the
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nasdaq, to give you context we only needed 100 points and change for the dow to clock in a new record. [closing bell rings] we have done it. that is doing it for the claman "countdown." that is it for me. jackie deangelis pick it up "after the bell." jackie: record closes for the dow, nasdaq and s&p as well. s as we await for the vote in the house on 2000-dollar relief checks for american workers. i'm jackie deangelis in for connell mcshane. i will it is time for news at this hour. fox team coverage,

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