fourth-quarter line with better than expected revenue boosted by the cargo business. prophets did come in the short of expectations as we continue to see a lack of travel. my thanks to dagen mcdowell and heather, ladies, have a wonderful day. thank you. that will do it for us. "varney & co." begins right now. take it away, stu. stuart: good morning. yes, the president has been impeached for the second time. he has issued a no violence video appeal and he has been banned from social media, but for wall street, is a repeat performance. look at this. the dow jones is headed higher, small loss yesterday, the but it's going up again this morning and could be well about 31000 again and close to back new highs. s&p on the upside, nasdaq on the upside. of the market apparently unfazed by a very large number of new and

implement claims, 965,000. that implies a slowing economy in part because of the ongoing lockdowns, but wall street taking that in stride. tonight, president-elect biden will lay out his plan of the covid recovery and economic stimulus. .-dot is surely part of today's rally as investors are in love with stimulus. also, johnson & johnson reporting the vaccine, they are vaccine generates a new defense and is safe, better yet the j and j vaccine needs only one shot and doesn't need deep refrigeration. of the stock is up. censure steps-- censorship still in the headline. jack dorsey put out a series of tweets in which he said the banning of president trump was the right decision, but admits it quote sets a president that is dangerous. he has that right. if the conservative speeches man from the

public square, we'll debate and real free speech is in a trouble and so is our democracy pig that's my editorial. throughout the show, today we will keep in touch with a fluid situation. we don't know when or if the senate will take up impeachment. we don't yet have details on president-elect biden's stimulus program and when we do find out, we don't know what wall street's reaction will be. state-owned pig at the news will come they can't fast with the next three hours. "varney & co." is about to begin. ♪♪ stuart: that is the strangest choice of music i have ever heard. i have nothing to do with it.

looking at new york city now this, president trump calling for unity in a video message following his second impeachment. roll tape, please. >> no true supporter of mine could ever disrespect law enforcement or our great american flag. no true supporter of mine could ever threaten or harass their fellow americans. if you do any of these things, you are not to supporting our movement. you are attacking it and you are attacking our country. >> we cannot tolerate it stuart: i went to bring in trend eight, a conservative antron supporter. brad, i can't help but think if the president said last night, what he said last night a week ago that it would be a different story this morning. what say you mac i fully agree. i was disappointed with what i saw the rally, not only the president's

remarks but the speakers that preceded him. i think you know it wasn't intentional, obviously, with his remarks were others to incite violence, but i think that is what happened. i think he was foreseeable that kind of statements are made from that podium in front of the white house by the people who spoke of authority, it would not end well and i immediately posted that to my social media that i think things will go terribly wrong and when i saw them go wrong i was waiting for the president to come out and forcefully ask those people to stand down. had he only said the words that he said yesterday in advance even of his rally, things might have been very much different. stuart: well, they have been said. the president said those words last night. do you think that's going to tampa down on the hostility towards him in any way? >> no, unfortunately i don't. i think the democrats

were very vindictive in bringing impeachment and now as an attempt to have a trial, something -- as he left office only to prevent him from running again. you know, the prevention of running again after he leaves office is up to the party, it's up to the people to decide, not democrats in congress to decide who will be a candidate for president when they have left office. they had every opportunity to remove him if they thought it was the right thing to do, but they rushed it and it was for reason. every democrat told you what the reason was, to prevent him from running again. that's just wrong. stuart: bread, stay there please. i went to get back to you shortly about censorship. lets talk money for a moment. we have a rally with green on the left-hand side of your screen. d.r. barton is with us. lo, i think you're still bullish on the markets.

i have to tell you, i have yet to see a single major investment firm on wall street are pretty selloff anytime soon. go. >> not soon and there are reasons it last week we about the mountain of money, the pile of money in savings accounts, but right now amid all of this chaos, amid everything that has happened over the past week and a half, we have seen the markets are looking beyond the political sphere and say what's going on in the economy. what we have coming up is earnings season starting in a couple days from now there on monday bank of america, goldman sachs will kickoff earnings season so we see countries that are looking to get up much higher earnings. we have remotes were. we have reduced corporate travel, all of these things are improving the bottom line while not impacting the ability to grow revenues and i think that will be the driver,

stuart. stuart: now, tonight president-elect biden will layout is a stimulus plan. i presume it's going to be a strong plan because we just got word that nearly a million new line appointment claims were filed last week. i guess that is a plus for the market; right? >> well, the market is looking at that, stuart, from a near-term perspective to have president-elect come out tonight and give us some number, it's going to be big. it will be trillions and that's going to be more money adding to the mountain that is ready to invest looking forward. there will be more money to put the work and that will keep the bid under prices and i believe it will be a positive thing stuart: actually, we are hearing that might be $2000 direct payments to individuals included in the stimulus. i mean, that's money from heaven, here comes a scattered around.

d.r. barton, thank you for joining us. the latest here is that snapchat has become the latest social media company to banned permanently president trump. susan, what are they saying kerry to president trump's account, they are seen it has been spreading hate speech and violence and those are in violation of snapchat guidelines. snapchat has roughly round 250 million daily active users, less than facebook, but more than twitter. we had jack dorsey as you mentioned twitter ceo say if you open pandora's box in saying you been one political leader you have to do that for others. stuart: censorship very much in the news today. thank you. nowcome on that subject the ceo of parler now says that apple may never return. lauren, did he give a reason? lauren: he says too many businesses have cut them off,

but encouragingly, he said he's talking to some of vendors about hosting the site, but they have been blackballed by just about everyone right now. listing the. >> it's a real threat. i mean, they are going to fight and do everything possible to come back as soon as possible. it could be never, i mean, we don't know yet. lauren: it could be never, so google and apple, what they want parler to do is better police are content, but parler has 600, that's it 600 people that sit through the content and some are not even paid. so, it would require big and expensive improvements to get them to convince a vendor to put them back online. stuart: that's outrageous. that's just knocking them out of business because you don't like the opinions expressed on their platform. outrageous. thank you. i went to bring bradley blakeman back again

because if i'm not mistaken you were suspended from facebook. and give me the story. what happened? >> apparently, over a year ago i posted a criticism of aoc using her own words on her favorability towards socialism and the fact that socialism brings opportunity to zero press to. it was a common post of criticism. it was the truth and yet for something i posted over a year ago i was banned just yesterday and taken off, so i still can't post as of right now. this is part of the great purge of social media of conservative voices at a critical time in our history. i had lots to say about the president's impeachment in the treatment of the president and the abuse of the constitution get i was prevented from expressing that on facebook for something i posted a year ago. i don't believe in

coincidences. i think it's part of the purge. i think it's wrong and facebook nodes-- knows as i have spoken out on fox and other venues about the need for social media to be revealed in, oversight, regulation, legislation and guess we even need antitrust litigation. this cannot continue, the trampling of the first amendment and then tie themselves as a private business entity when they receive government benefits for their business. stuart: absolutely. agreed. brett, thank you for sharing that story. i think you are right that there's a perk-- purge of conservative opinions. thank you. still on the theme of censorship, jack dorsey says he's not celebrating president trump's van took however, just the other day it appeared he was celebrating and even mocking the removal of parler from the from

that and i store. we are following the story all day long and it's impeachment 2.0 with less than a week before the president leaves office. willie impeachment trial overshadow an incoming biden administration? pete hegseth always fired up jointly, but first one more check of futures, the day after impeachment stocks are going up. we will be back. ♪♪

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one tron: vaccine. what is the news, lauren? lauren: it is safe, data shows most of the 805 volunteers in one of the trials producing a promising immune response, so what is next? at the end of the month we expect a phase three data showing us how effective it is. it's a scalable, so it's a one-shot vaccine that can stay in the fridge for three months so you don't need special storage. it's easy and that's why many analysts are saying even if the efficacy rate is let's say 80%, not the 95% from pfizer or moderna come of this may go to the front of the pack because it's just one shot and it moves around easily. stuart: one shot and no deep-freeze, that's a big deal. thank you. brian brenberg is with us this morning, a professor of economics. welcome.

965,000 new jobless claims. that's a very big number. it appears the economy is slowing. what say you? >> yeah, that's a bad number and it's totally predictable when you think about all of the shutdowns over the past couple of months. the market seems to want to look past all of this, stuart. it's just a so optimistic about the future and i'm looking at it thinking okay, you like stimulus, you like the fact you want us to spend $2 trillion in 2021 and the fact we are spreading money, but the economy in 2021, i mean, what will people be spending the money into, will it be an economy where businesses open up and they can invest and do business without more regulation or in 2021 will businesses be staring down the barrel of more regulation, higher taxation, the kind of thing they were staring down of the barrel of the great recession in 2010, 2011,

i mean, that's the kind of environment we could be walking into. appreciate the market is feeling great right now, but i can't share the optimism when i think about the policy uncertainty going forward. stuart: you are one of the lone voices that's not super bullish. let's move on to censorship because twitter's chief, jack dorsey has been on a twitter rant defending his decision to ban president trump, but i'm quoting now having to take these actions pragmatics-- front desk fragments that public conversation and sets a precedent i feel is dangerous. the power and individual corporation has over a part of the global public conversation. he has that right, but brian, this man-- it seems like he's confused and he's dictating what hundreds of millions of people are allowed to see and hear.

what's with this equipment is a brilliant analysis of all of the problems with what twitter has done, but coming from the guy who made the decisions, i mean, jack dorsey talking about this sort of like an outsider. what i want to say to him is, teddy roosevelt, you are the man in that arena, jack. it's your decision and you are right about the problems it creates d platforming the president of the united states. it's the moment to show leadership and gave us-- take the analysis you just gave us and say that's why you will give people more voice. you need that and if you read down the tweet, he talks that if you don't like twitter you should leave and go somewhere else and that has been proven a farce, i mean, you talk about parler may be out of business. big tech has come together in what looks like a collusive way to say we are going to run the show in terms of what people can say. i am a free market guy and i like alternatives.

on about competition, but if the possibility slows you aren't dealing with the market anymore and the question now is, have we lost a market in social media because of what big tech firms are doing in concert with each other? stuart: have you an idea what we could do about this? what would restore genuine free speech to the public arena? >> i think we have two things, one we have to pursue the antitrust route. i am not really to go down that road easily, but it has all the hallmarks of a kind of collusive act that needs to get to the court to sort this out and figure out what's going on and whether firms can do this and i think the answer is no. it's also the hired work of building alternatives. we have to have more competition here you can have twitter, facebook, instagram and google and apple dominating the space. it will take a long time to do that, but it doesn't change the fact that we have to do it to have alternatives and if

the existing players will give that, pursue the antitrust route and build alternatives. i think that's the only sustainable way for free speech and is critical because if we don't have free speech we don't have a marketplace. forget about economic vitality if you can say what you want to. stuart: 1984, orwellian world. thank you. see you soon. let's get back to investing. americans will not be banned from investing in alibaba. what changed? susan: the realization that the companies can't really be added to a blacklist that can't work with the chinese government so there's a bit of a disconnect. wasn't really assured in the first place was just floated by officials. alibaba widely held by us retirement funds and would have ultimately hurt the american investor. alibaba rallying close to 6% after the news

hit. stuart: and it's up a bit more this morning. thank you. we are going towards the markets opening in a few minutes. we are looking at green left hand side of the screen with dow jones up almost 100 points, almost one third of 1% the day after president trump's second impeachment. ♪♪ ♪♪ ♪♪ ♪♪

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conventrydirect.com to find out if you policy qualifies. or call the number on your screen. coventry direct, redefining insurance. stuart: we are looking at a market that's going to open higher this thursday morning with the dow jones up up about a hundred points. sandy villere is with us this morning. i have to get your name right. on sorry, sandy villere. it seems to me-- are you looking at two positives? that is stimulus from the biden camp. we will get details later and more vaccines, specifically j&j, are those the two factors-- pushing the market at this morning? >> i think it is an thank you for having me. i believe there was a lot of uncertainty about who would be president,

that is behind us we had to worry about who would win the senate seats in georgia and that's behind us and now, we can maybe look at the negative side and higher taxes and more regulation, but a lot of stimulus on the positive side and just like a spike in covid cases i think the vaccine pushes us to where we could sort of get through this whole thing and there is light at the end of the tunnel and it is something positive so i think it's helping the market grind higher. stuart: doesn't a get you a little worried when every single guy and a lady on wall street is saying we have a great you're coming, 2021, we are all bullish do you get worried when everyone is bullish? >> yeah, consensus is bad. we really like to avoid the herd mentality and stick with individual stock picking so while i think the s&p could be 4100 or so at the unity or i don't think you'll be like last year where you could sort of throw

a dart at technology stocks and may be smaller names in names we invest in may do better and we are seeing the russell 2000 off to a good start with the s&p only up about one and half so it could be more of a stock pickers market and we will try to avoid the herd mentality. stuart: so, you can invest in the index, the russell 2000 index and put money straight into it and that puts your money into a variety of small stocks and that's what you are recommending; correct? >> ya, we have seen so much money flowing into index funds and it's been a one-way ticket with things going straight up and i think people have not been doing the stock picking on individual names like the past so that's where we will be laser focused and talking to management teams to find the cheaper parts of the market still growing quickly, just maybe not in the names everyone has sort of flowed into, but that is sort of what we are focused on and

what i think could lead to returns in 2021. stuart: i have 10 seconds, should i sell my microphone-- microsoft, sandy? >> i would frankly sell most of the bank-- i would sell tesla as well if you want to throw that into the basket. that's my consensus. stuart: saved the best till last right there. you are supposed to lead with the best. we are up 100 and 10 points from the start of trading on wall street with the dow jones 31167 , a gain of one third of 1% from the start. s&p 500, water-based indexed of a quarter of 1%. the nasdaq composite is up one third of 1%. you have a rally all across the board, dow jones, s&p, nasdaq. now look at game stop. we used to play the

organ music for this thing. we thought it was going dead and dying, but lauren, that's quite a comeback. what's going on? lauren: now played the crowd cheering music. two reasons, massive short coverings especially yesterday as sellers rushed to buy back shares to cover their short position, that not only drove the price up, but volume yesterday more than 10 times the average. price rose to a level we have not seen in five years up 57% and up another 18 this morning there's also fundamentals here. holiday sales were strong and there is a push by an activist to get three new members on the board and he was able to do that so a turnaround for this company plus some short coverings. stuart: that's a turnaround and a half. thank you. look at tesla. is the stock up or down this morning? it's down 1%. and they are recalling over 150,000 cars. was the problem?

susan: that touch screen display on the model as head model x impacted, the ones made before 2019. important to note, no model three. touch screens apparently go blank or freeze up after being used to long and that's a safety hazard especially for driver sensors and alerts, but 150,000 cars isn't it significant-- insignificant. i would say that it's impacting the stock today. stuart: susan, you know blackrock. i believe they manage somewhere in the region of $7 trillion-- more than that? okay. they are down 3%, i thought they reported good profits. susan: they are making more money than anticipated. they are called the world's largest money manager for reason overseeing more than a and half trillion dollars. they manage retirement funds and people forget

they actually of big chunks of big companies princeton $700 billion in apple and i think the reason they may be down because they were up over 2% after earnings hit, it may be their guidance forward especially when it comes to benefiting from the investing. did really well in the last three months of 2020 as investors tried to pile in on the advance we saw in the stock market. stuart: blackrock owns $700 billion worth of apple stock? susan: yeah, third-largest investor in apple. vanguard, berkshire hathaway owns around hundred billion and we are talking about institutional investors and blackstock's number three. they oversee $8 trillion in retirement funds, but they have a lot of money to spend. stuart: let me straighten this out there, chapel stock does blackrock own? susan: 700 billion.

stuart: $700 billion worth of apple stock, billion and apple is worth to trillion total which means black rock owns pretty close to a third of the company. susan: well, close to that, yeah , i mean, roughly 4% or so of the company, so yeah. i checked it this morning. brookshire hathaway about a hundred billion so if you do the math, that's 5% so blackrock owns 4%. does that make sense? stuart: okay. i didn't know i was supposed to do any math. susan: sorry, i'm wrong, 700 million, not billion. stuart: okay. that's a big chunk, anyway. lauren, a separate story , the cruise line. disney, they won't be cruising until-- when can i go on a cruise and have breakfast with mickey mouse? when can i do that?

lauren: you know, if i were just answering this question as a mother, i would say not until 2022, but the official answer right now is all crews are canceled through march picks some disney cruise are canceled in june and july as well. cdc listed the no sell order, but the guidelines they are giving for increases can resume her really hard to meet such as cruise lines have to build a lab on the ship so they can test passengers and crew, so you are taking a disney cruise or any cruise anytime soon, stuart. stuart: you are right. i probably wouldn't do that anyway. back to susan and delta. i believe the stock is up nearly 2%. what is the story? susan: it's the worst year in its history, 2020 losing over $12 billion, but good news because now they are only losing $12 million a day, half what they were losing each and every day in the summer so for the

final three months of the year delta was bleeding three quarters of a billion dollars, not great became better and the ceo said there will be difficult months ahead, but their recovery in 2021 is hopefully with more vaccine distribution and delta ceo will be on the countdown later on this afternoon. didn't you tell me before that you have not invested in any airline and roughly 30 years or so now? stuart: that is true. i've invested in people's express. that was an airline-- a bus service really in the 80s. i put money in, lost my shirt. company went out of business. susan: tough lesson. stuart: that's right. i put money in boston market as well write before i lost my shirt. i have lost my shirt on a few things paired down industrial's are up 100 points. that's exactly 33%, not bad. we will have more "varney & co." after this.

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stuart: ladies and gentlemen, you are looking at another all-time high for the dow industrial average 31220, up 160 points the day after president trump's second impeachment. a big tent, mixed bag. only facebook and google on the upside. the rest are down. show me netflix, please. they are out with what's called their workforce inclusion. susan will tell us what it's all about and what it says. susan: there were gates made for women and minorities. women made up over 47% of net flirt-- netflix workforce i'm up slightly from three years ago, african-americans a percent of the step in the, more than double

2017 and hispanic workers climbing to make a percent. when it comes to female workers netflix had more than say facebook, apple and alphabet and also a higher percentage of hispanic and black workers than google or facebook and we know tech companies have come under scrutiny for being disproportional and their workforce and mostly male and white skirt i went to note something, us young ones need our smartphones and calculator to work the numbers in our head. i did say 4% how much black rock owns apple your car did the math on my calculator, it's a $70 billion. stuart: glad you had your calculator handy. i went to bring in ray wang, a tyler's promoter and supporter of big tech. there he has. however, it's big tech that is a censoring the president of the united states and i don't like

that. what say you about censorship, ray wang? >> you know i don't like that either, but the challenges these are private platforms and with the terms of service were subjected to anything. they aren't applying the rules uniformly and it is the president of the united states at that part of the problem. the challenges we took out the section 230 exemption keeping you from being sued than half the country would say there's a president that incited violence any other half would say it's a systemic biased conservative viewpoints so social media companies are between a rock and hard place because they could use half their audience and they took a hit in stocks because the other half is upset and that's why facebook keeps asking for regulation because he wants to know what to do like how i manage something like this and so we had a previous guest talking about we need more markets, more marketplace options for people to go to, that's super important.

if we don't have the options we can't have those conversations that are going on and right now it looks like there's a collusion against that. stuart: okay, now, we have a nice rally going on today free much across the board. the big tech is not taking part in it, i mean, facebook is up a bit and i have google up a little bit, but the rest of big tech is essentially flat to slightly lower. does that have something to do with their role in censoring the president of the united states? >> i think a little bit, but not a lot. the jobless claims numbers hit and it's pushing towards pay, we will see a stimulus in the stimulus is like we will see a reflation trade as people start position against that so i think that is what's happening along with what's going on with the jmb j news. stuart: okay, if any of our viewers hold stock in amazon, facebook, twitter, alphabet, should they sell those shares now? >> i'm going to hold and say no, but keep in mind

there will be a diverted the between the ad supported stock seven non- ad supported stocks because ad revenue is sensitive to it monthly active users and you are subjected to the risk. this is why we think the social media platforms are trying to go more wind direction, political bias in one direction versus the other so they can redeem viewers like mtv, they can retain their users and i think that's what's happening in the marketplace. we are writing a book about in terms of what's happened, but regulation is important. stuart: ray, i'm not grinding my own acts, but it seems to me all the big tech companies, microsoft is the least involved in either censorship or breakup talks were the rest of it. microsoft does not face reputational risk. mi right in saying that? >> correct. microsoft has taken the most neutral position. there was a time when companies didn't take political sites.

i mean, this is the challenge now. microsoft has set a good job staying out of the fray. stuart: ray wang, we got it. we hear you and we will see you soon thank you. >> take care. stuart: as everyone knows there is a war going on amongst chipmakers and some of the chipmakers have done well. intel has done very well recently up another 2% today. we have amd and vn aware getting downgrades. to what level, lauren? lauren: they are getting downgraded because of intel. they are cutting amd to underperform it says they have done well partially because their rival intel has not been doing that well. that's about to change. intel is getting a new ceo, pat gelsinger, the ceo of them wear and

that's another stock to shop-- watch because they are downgrading our stock or did they see of the ceo as a loss and a net negative for the shares. that's the story playing out of the stock market for the second day, stuart. stuart: hold on. i heard about poshmark i believe an online seller of high end closing-- clothing. they're going public today. tell us. lauren: good job. it's just all clothing. it doesn't have to be high and. it's a hot stock because it's a social stock, a marketplace to buy and sell your fashion. a lot of the fashion is secondhand and that's also popular because people are looking to make extra money with more time at home and you clean out your closet and you list an old coat on poshmark. 32 million active users and they are profitable. they are going public today. the share price is $42

with the valuation topping $3 billion, so this will trade on the nasdaq sometime this morning under the ticker posh. i would bet your daughters use poshmark. stuart: they do. i think all four of my daughters do. they have 31 million active daily users who spend an average of what , 25 minutes on the site every day, really? lauren: twenty-seven minutes. it's kind of addictive. i just started using it. i use it when i'm trying to find something that's out of stock in my size and they will give you recommendations and it deals for similar items and it kind of sucks you in. stuart: i will have to remember that. lauren: i have not sold anything on poshmark, though. i make good consumer. i buy, not self. stuart: you are a fine american. what do we have coming up? i will tell you, the left is going after newly elected

congressman madison hawthorne because he spoke a president trump's rally right before the riots or keys in our 11:00 o'clock hour. does he feel any response ability for riots? i will ask him. speaker pelosi championed a new bill requiring congress to change all pronouns to be gender-neutral. with that in mind, how do you explain this? roll tape. >> i stand before you as a wife, mother, grandmother, a daughter, a daughter who's father proudly served in this congress. stuart: wife, mother, daughter, i think that is gender specific, isn't it? prohibition didn't last long, did it? more "varney & co." after this. ♪♪

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that's g-o-l-o.com to find the answer to a new and better way to lose weight. stuart: i'm going to call that a rally the day after impeachment. i think everyone is winning for president elect biden's stimulus plan and they anticipate a strong stimulus and that is why the market is up 118 points hitting a new high above 31200

earlier. 10 year treasury yield is 1.10% and the price of gold below 1900, losing more ground, 1847. bitcoin, $39995. if you wait, you may see 40000. as for the price of oil, i think it is still $52 per barrel, almost 53 nice rally recently from oil. the restaurant industry devastated by the pandemic, but some fast casual places like chipotle have managed to adapt. lauren, i believe they are holding the first ever hiring day-to-day. lauren: yeah, to coast career fair as they look to hire 16000 employees. that's amazing news for an industry that shed 2.4 million workers last year. restaurants forced it to shut indoor dining, set

up takeout infrastructure as fast as they could, but now some of the restaurants are doubling down on takeout. this is chipotle's first ever digital only restaurant in upstate new york, no dining room or french service line. you go in, pick up your order and leave. most of the 200 new locations that chipotle will open this year require you to merely pull up. all drive through, for mcdonald's with 65%, that's the new chipotle-- 65% of mcdonald's worldwide have a drive-through where 70% of sales are taking place so now mcdonald's says they are working for having computers take your order, a conveyor belt delivered to your car. sign of the times. rbc actually upgraded chipotle to outperform today and they gave it a 16.50 price target because innovations like these, but are we ever

going to sit down in a restaurant or fast casual restaurant again? i hope so, but as the restaurants make these technological investments it doesn't seem like you will. stuart: i just hope that the pandemic in the lockdowns don't make this much less social. i hope that changes because i miss sitting down for a meal with good friends. i just miss that. lauren: and i'm sick of cleaning up. sorry. stuart: that's all right. that delay is a killer. big show ahead, pete hegseth, trances, madison cawthorn. second hour of "varney & co." is next. ♪♪s in your customized view of the market. it's smarter trading technology for smarter trading decisions. fidelity.

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♪. stuart: sounds like should i stay and buy or should i sell and go? seems to me. good morning everybody. 10:00 on the east coast. jam-packed show for you as we always tell you. this hour the 10:00 hour, pete hegseth is about to join us. ed yardeni is here and miami's mayor francis suarez. he is trying to attract silicon valley to his city. he is on the show and so is tim

tebow. 11:00, rachel campos duffy, dan henninger, tomi lahren, jam-packed show. look at the market, stocks opened higher on a strong stimulus man on president-elect biden coming up later today. we're now up 151 points. the dow is above 31,200. not bad, eh? nasdaq 13,189 on the nasdaq. now then, thursday, 10:00 eastern time. you know what that means. mortgage rates. what is the number, lauren? lauren: 2.79%. obviously still low but it went up from the 2.65 last week. treasury yields are going up because of stimulus hopes and the vaccines and race for the 15 year. that is the popular rate for refinancing. it is 2.23%, stuart. stuart: i'm still going to call it rock bottom even if it moved

up a fraction from last week. mortgage rates that low you don't see very often. now this. we're waking up this morning to a president impeached for the second time and silenced, banished from the public square. some may think this is just fine and dandy but in my opinion this is every reason to be outraged at what's happened. you don't impeach a president like this with less than a week left in his term. we will argue for years whether the president incited violence with his speech last wednesday but it surely does not meet the impeachment test. this impeachment, like the first, is primarily the result of the less hatred and contempt for donald trump. it is political retribution. having lost badly in the november 3rd elections, speaker pelosi was out for revenge. that is what it is. for silencing the president, that is a real threat to our

democracy. no free speech, no democracy. just as the impeachment debate began president trump was unable to defend himself. he was banned from social media. the alternative platform, parler, was put out of business. some corporations banned contributions to politicians who may have supported the president. with the media mob, it was a one-way street. the president was not allowed access to the debate. it wasn't really a debate. it was a constant barrage of contempt and hate. where do we go from here? i will say it again. the ball is in president-elect biden's court. he can't immediately change the silencing of mr. trump but he could call off the impeach attack dogs if he wants to concentrate on his agenda. now, with a few days remaining before the inauguration, america is as divided as ever. real debate has been silenced. the year 2020 obviously is not over. but the second hour of "varney"

is about to begin. ♪. stuart: all right. pete hegseth with us this thursday morning. glad to see you, pete, because i think silencing the president of the united states, this revenge, retroactive retribution, is the most dangerous thing to our economy. i'm pretty sure you're going to agree with me? >> i am. bravo, stuart. your mojo has clearly translated into 2021 which is a very good thing along with a lot of the bizarreness we see in our politics. of course you're right. it is extremely dangerous. one of the favorite words of the left is collusion. remember that? we heard that for four years. that is what is being done right now by every elite in tech, every elite in politics, every elite in media, to attempt to erase donald trump and his

supporters yet, if you look at polling, frank luntz looked at yesterday, 90% of trump supporters would vote for him again today, knowing what they know today. this is still a movement with serious strength who looks at the accusations being leveled against them as part of what the left wants to do to cancel them. my 10-year-old son looked at me, dad, you can't take the president of the united states off of twitter. how can you rationalize that? 10-year-olds understand that. leftists obsessed with power, they don't care. stuart: how did it happen that in america we allow a couple of multibillionaires to dictate what you and i are allowed to see and hear? how on earth did we get to a situation like this? >> it's a wonderful place, actually, for democrats on capitol hill to be. they can outsource their authoritarianism to corporations. they say, nothing we can do here. i'm sorry. there is a reason why president trump tried, tied section 230 to

the ndaa. a lot of people didn't like that. he has been rebuilding our military. they said why would he do that? he understood the centrality of the threat of these tech authoritarians who are really just woke leftists who invited to be the same cocktail parties and don't want to be canceled by that group so they follow the mob. they are ultimately doing the bidding on the left. the speeches on the floor, i'm sure you watched them, they wereunhinged culmination of four years of trump hatred. talking points were the same, whether what happened on january 6th happened or not. it is an attempt to cancel and erase the president. the buddies on big tech will do it for them like this, poof. you can't get rid of the movement the president created. that is their problem. stuart: hold on for a second, will you, pete. because i've got a story you will be very interested in. look at bitcoin. $39,650. now, susan, if you're trading bitcoin this weekend, we're told there could be possible

limitations. you want to explain this for us? susan: there is a popular cryptocurrency platform, called etoro. it has been sky rocketing along with the bitcoin as you can imagine. new accounts surged by 280,000 on etoro. trading is up 125 times from last year. to manage the surge, to make sure they can fill the orders, etoro imposing limits how much customers can buy. they are concerned about market liquidity. brokers are setting limits on each and every order. temporary suspensions on the ability to buy new orders. gray scale, you heard of gray scale right, the index fund that trades on bitcoin? it is up 900% in its assets. now just recently they are accepting knew customers once again. they put a hold on that because of the increased popularity. stuart: okay. let's get back to bitcoin guy,

pete hegseth. are you worried about this, pete? >> of course not. not at all. you can't support buy orders because demand is so high and supply -- no one is selling, what does that do to the price? i'm no economist i know where it goes from there? there have been technological glitches like this with bitcoin along the way. when you're forging the new path of a brand new asset class which crypto is, the technology will not be able to keep up, the understanding doesn't but the extent to which 400,000 new crip coaccounts created on etoro alone, not to mention coinbase and other wallets, the volume up 25 times since last year? eventually that means volatility goes up. we dropped 10,000 points on crypto in a week and bounced back to 40,000 and likely to go north of that. that is reflection of institutional investment, more knowledge of cryptocurrency, the reality it could be seen as a form of currency this is all

good, stuart, all good for people. you don't have to buy a full bitcoin, you can buy a fraction after fraction of a fraction. $100, $500, doesn't matter. get on the gravy train. stuart: keep pounding the table but don't forget the password to your bitcoin wallet. >> that is true. very true. stuart: thank you, pete. thanks for being here. good stuff. let's get back to the market. i want to bring in ed yardeni. i think of ed yardeni of a super bull. he thinks the s&p could hit 4300 by the end of this year, 2021. however i believe mr. i can't remember kenny is a -- yardeni is worried about a nasty sell-off in the middle of year? he is nodding. explain it to us, ed. >> stuart, i feel like a trampled super bull. every time i set a price target to the upside i get trampled over and market just runs right

over me. so even the bulls have been surprised, even shocked by the advance of this melt-up which is really increasingly what it looks like. very similar and reminiscent of 1999. stuart: so a melt-up implies at some point a very nasty setback and that's what you're predicting? >> yeah. i think, you know, sometimes life has symmetries melt-ups are usually falled by meltdowns. that is my concerned. i would like a leisurely civilized rally in the bull market that allows earnings to validate it. as you know since march defend third when the fed came in with what i call qe forever. this mark get has been pe led, valuation led. as a result there is a lot of air between stock prices and earnings. i would like to see earnings

catch up. because i like that to happen, doesn't mean the market cares what i think t has its own logic. stuart: ed i can't remember denany, always a pleasure. thanks for joining us see you soon. ed yardeni. back to the market. the dow earlier today set a all-time high, it moved up to 31,200. backed off a little but you're still up .4%. in a mark the can like this you will have big movers and lauren has got the list. what have you got, lauren? >> acasia, a company i never heard of it makes optical technologies used by data centers. cisco is buy this at $131 a share so the stock is up. talk virgin galactic. they want to set up a space etf. virgin up 17% today. the j&j vaccine news, the one shot vaccine, that is helping travel stocks. these are helping leaders in the

s&p 500, american airlines, cruise lines, all with nice gains upwards of 3%. energy is leading the market today. it is economically sensitive sector and stocks like exxon up nine days in a row. exxon just got their first upgrade to overweight at jpmorgan in seven years. the reason is, they don't think the dividend is in danger and they like the capital discipline that, that exxon is showing. oil prices are at a $52 a barrel today. this is, this is a stock and a market that is starting to come back. stuart: got it. lauren. thank you very much indeed. we have samsung unveiling their newest galaxy smartphone. susan: looking at three phones as cheap as 100 up to past 1000 point mark. just unveiled today. usually they do this in february. they brought it forward in line with the consumer electronics show, ces in vegas. we're looking at the new

galaxy s21. new functions, blue light filter storing your phone for a a long time people like me do. they're launching wearables. trying to play catchup with the new galaxy buds pro, that cancel out noise. apple dominates the earphones market. apple only started introducing their earphones half a decade. they oversee about 36% of the entire market. so i think samsung a bit late here, trying to play some catchup, trying to offer more range when it comes to the pricing of smartphones. we know smartphones like samsung actually outsell apple. because apple is at higher price point they make more money. stuart: yeah. i got that. susan, thanks very much. couple of cnn anchors don't want to hear about any comparisons between last week's riot and the destruction riots over the summer.

watch this. >> you can't compare what happened this summer to what happened at the capitol. one was built on people, on racial justice, on criminal justice. what happened at the capitol on wednesday was built on a lie. stuart: okay. rachel campos duffy says it is a total double standard. she is here to call them out. that is just ahead. in these polarizing times former nfl tim tebow says we should be celebrating our differences. he will tell us how to do that. he is on the show. plus miami's mayor, francis suarez, thinking about putting some of his city's money into bitcoin. he is here to make his case.

so you're a small business, or a big one. you were thriving, but then... oh. ah. okay. plan, pivot. how do you bounce back? you don't, you bounce forward, with serious and reliable internet. powered by the largest gig speed network in america. but is it secure? sure it's secure. and even if the power goes down, your connection doesn't. so how do i do this? you don't do this. we do this, together. bounce forward, with comcast business. (announcer) need to lose weight? can't figure out why those diets won't work for you? go to golo.com, where over 1 million people have found golo and a new and better way to lose weight. this is not only a weight loss journey, this is a complete transformation, mentally and physically. (announcer) want to lose 60 pounds? how about 100 pounds? you can. (woman) it's easy, and it will change your life.

(announcer) go to golo.com. that's g-o-l-o.com. stuart: i'm showing you bitcoin again because it hit almost $40,000 earlier this morning and because the mayor of miami wants to put some of the city's treasury reserves into bitcoin. the mayor of miami is francis suarez and he is with us now. sir, welcome back to the show. you're putting government money into a very volatile cryptocurrency. you want to explain why you're doing that? >> sure. if i would have done it last year i would have made 200 plus percent. i would have looked like a genius. we have want to be one of the most crypto forward and technological cities in the country. so we're looking at number one, creating a regulatory framework that makes us the easiest place in the united states to do business if you're doing it in cryptocurrencies. we're looking at laws from

wyoming, wisconsin, new york, a regulatory environment and we have a tremendous amount of interest in tech right now. we're looking a variety of things being able to make payments in crypto, in bitcoin in particular, being able to pay your taxes. being able to pay fees to the city. we are looking at possibility of diversifying our investment portfolio and having and holding a percentage of our investments in bitcoin. stuart: is this all part of your move to bring high-tech companies, big tech companies, to miami? i know you've got food weather. i -- good with. i know you got low tax. are you using a bitcoin investment as a further inducement. >> it is. the world is watching. the world is always, seeing all the things that cities do. if you're inviting that's something that cities are benefiting from like we are. i want the creative and innovative was to come here to

create high-paying jobs for my rest cents. there is enormously large bitcoin and crypto community, particularly on social media. they are carefully watching as these assets become more and more mainstream. the more that organizations like the city of miami and others mainstream bitcoin there is only one direction the prices are going to go because we know the supply of money limited. it will only go one. stuart: that gets everybody worried when they say only direction that can go up. look at the limited supply, it is bound to go up. your honor, they could be famous last words, couldn't they? >> they could be. certainly if some government entity decides to regulate it out of existence that is always a threat. that is always a possibility but the reality is, it's been, although it is volatile i will admit that it is, it just

dropped a certain percentage. it dropped 36,000, went back up almost a week to a high at 41,000. the fact that it is limited. the fact other governments use currencies to do a variety of things that have nothing to do necessarily with the exchange of goods but of implement public policy, i think made by the coin a very attractive investment for many people. stuart: okay. we hear you. your honor, thank you very much for being with us. i'm sure we'll see you again. we'll again quote the price of bitcoin see how you're doing with your investment there. >> thanks a lot. stuart: see you soon. joe biden as president-elect biden will unveil his mans for covid stimulus tonight. lauren, do we have any details? do we know anything about what is in it yet? lauren: we think there will be a stimulus check that is greater than $600 but less than $2000. and an extension of the unemployment benefits and likely, stuart, likely some sort

of support for states. here is the deal, democratic leader chuck schumer wants additional $1.3 trillion. that is according to bloomberg. how did they get the number. the difference between what the democrats asked for in the fall, 2.2 trillion and 8,900,000,000,000 approved last month. president biden wants bipartisan support. he doesn't want to ram it through with democratic votes. that he might do but that is not reportedly says he wants to do. we'll see if that can garner enough gop support. stuart: for senator schumer the most important thing will be a bailout of democrat-run states like new york, new jersey, illinois, california. if that is in the stimulus program tonight, those democrats will cheer it on, guaranteed. lauren, thank you. >> >> the irs is going to stop sending stimulus checks tomorrow. i think that is because the

stimulus program runs out so they can't issue any stimulus checks but susan, here is the question. what happens if the people did not receive the check yet? susan: they're putting the deadline in because they need to prepare for tax season. what the irs is saying, if you didn't get your 600-dollar check, put it into the 2020 tax returns. the irs yet to announce a start date for tax season but it typically starts at around this time, end of january. cutoff date they need to get ready. they don't have a lot of people right now in the covid times. on the tax filing the irs says the eligible people should claim the recovery rebate credits in their filing. of course those that make 75,000 or less, you get 600-dollar checks. stuart: thank you, susan. jack dorsey defending twitter's ban of president trump. in his tweet where he is defending himself he admitted something has gone wrong. we will tell you exactly what he said.

the stock is down. aoc wants to quote, rein in the free press. oh, watch this. >> we're going to have to figure out how we rein in our media environment so that you can't just spew disinformation and misinformation. stuart: very interesting. we'll take that on, believe me, after this.

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stuart: twitter's chief, jack dorsey, he went on kind of a rant last night. trying to defend his decision to ban president trump. susan: there were multiple parts not elated to ban president trump off the platform. he acknowledges it might open ban door's box and act much being a failure to free speech. he wrote it specifically the failure of you are jack knows

there is criticism out there if you do it for one, you have to do it for others. it was multipart. it was almost confusing, if you don't want to do it why did you do it in the first place? the thinking on wall street most believe this goes back to keep your workforce, happy, right? you want to follow through what their beliefs are, to keep the best talent in house. stuart: that is pathetic. he has pa duty to keep the public square open. that is my opinion. susan: it's a private company, isn't it, stu? it is not a public square. stuart: these people have, these people have a virtual monopoly on the public square. you throw in facebook and all the rest of them, they have got a monopoly. okay they have got the right to do what they like but i think they have pan obligation towards free speech. we'll have more on this later. that is a promise. there is another social media site that is now banning president trump. lauren, which one is it?

>> it's snap. they say president trump's account has been spreading misinformation, hate speech, inciting violence. that is all in violations of their guidelines. so that means snapchat's near 250 million daily active users will not be exposed to the president of the united states. so permanently banned from snaps a well as twitter and blocked through the end of his term and maybe longer from facebook and instagram. stuart. >> let's move on to another social media site, parler. there is a dire warning about their future. what is their ceo saying about this, susan? susan: if you listen to what john john john says it the future looks bleak. >> it's a fight. we'll do everything possible to come back as soon as possible. it could be never. we don't know yet. susan: the hammer came down from

amazon web services refusing to host parler on the back end on his cloud platform. after being kicked off of apple an google app stores, they are finding it difficult for other vendors to work with them. in the end it will take a lot longer to get back online if that ever happens. here is a piece of good news, stu, looking through elon musk's twitter scroll, he is supporter of parler. we should have different outlets and we should protect free speech. stuart: he right again. elon musk. thanks very much. susan i mean. with big tech censoring conservatives, that is what they're doing, democrats take the opportunity to promote their agenda on social media. we have a media watcher adam gill let. you put in an interesting story. the left is getting a free pass to indoctrinate. they're using ticktock to do it.

explain it to me please. >> that is exactly right. conservatives are worried about what is happening with big tech the left is using tiktok, chinese owned tiktok to indoctrinate young people. all of sudden a few weeks ago, a group of incredibly influential young kids who normally post dance videos on the social media site, started posting content in opposition to drilling in anwar. they were all promoting the exact same environmental organization starting on the exact same day, the question is who is behind it? tiktok unlike facebook and twitter pays influencers to post specific content. are the chinese paying americans to propagandize other americans not to drill? or is the environmental group literally using the young kids as human political shields? stuart: well, they're using social media to promote their own point of view and their own propaganda. that woe be my position but i want to move on to something else. congresswoman alexandria ocasio-cortez, i know you know this, adam, she says congress is

working on a new commission to rein in the media. listen to this. >> there is absolutely a commission that is being discussed, several members of congress and some of my discussions have brought media literacy because that is a part of what happened here. we're going to have to figure out how we rein in our media environment so that you can't just spew disinformation and misinformation. stuart: a commission to rein in the media. have at it, please, adam. >> well it is morally outrageous this is a woman who built her following on social media. now she wants to use the power of government to shut down opposition media. this is something we would see from her socialist idols in venezuela or dictators like putin. by the way notice nicolas maduro, vladmir putin, both of them still on twitter.

jack dorsey doesn't seem to have a problem of those dictators. it is morally outrageous, rather than trying to restrain the media. we should try to restrain politicians. people need to understand politics is downstream from culture. over the last century like her have tried to take over every facet of our culture. that is what we must fight against. stuart: well-said, adam. come back soon. we appreciate you being here. accuracy in mead jaw -- media guy. thank you, sir. i have a new survey. 80% will splurge once the pandemic ends. we'll tell you that. sports superstar, tim tebow is here to deliver some optimism in these polarizing times. we can come together despite our differences, next.

♪. stuart: all right. the nasdaq has joined the dow in hitting an intraday all-time high, up 102 on the dow right now. nasdaq up 74. that is a rally. show me bitcoin, please. a few moments ago it briefly hit $40,000 a coin. it backed off a bit but it is still up 9.8% today, 39,980. major league baseball says it will halt all political donations in the wake of the riots. lauren, i think this is the first major professional sports league to make that kind of a move. is that correct? lauren: it is. so we have seen corporations cut donations but this is the first for a pro-sports league. mlb has given to democrats and republicans in the past but

they're stopping all donations. team owners, team players, can still make donations but mlb will not. nfl is reconsidering donations but no announcement of a suspension yes. mlb suspending all political donations. stuart: putting aside politics and pandemic. we expand be brought together at this particular time. how will we do that? tim tebow is here possibly with an answer. tim, right-hand side of the screen, that is mr. tebow joining us right now. you have a children's book, it focuses celebrating our differences. that is interesting together, celebrate difference. give me an example how you do this. >> i think there are a lot of ways we can do this but i feel the greatest way we all have to understand we're fearfully wonderfully made, we're unique. there is one of one. there is no two. made by a perfect creator, in a perfect way. when you look down upon someone

else's differences most of time they had nothing to do with it. they were created that way. they're not really looking down on them. you're looking down on how god created them which i think is a silly place to start. really this children's book, it take as really fun approach at being able to celebrate our differences because i believe that whether it is our strengths, our weaknesses, our abilities, our disabilities we all have something to offer. a lot of times we find our purposes by actually helping one another. in this book the animals that are all on their way to this grand party actually find their purpose by helping one another. i feel like that is true in life. when we help one another we actually are closer to our fulfillment and fulfilling our purpose. it was something that was near and dear to my heart because i remember when i was a boy and my parents would read to me before i would go to sleep. how i would think about it. how i would dream about it. so i wanted every boy or girl read the book or have the book

read to them. they would fall asleep remembering the last three lines. of this book. you are unique, you are special, you are wonderful. we live in a day and age we have to remember that. so many times we can be brought down tore turned down for some different reasons. every single person needs to understand they're fearfully, wonderfully made, they're one of one, they're unique and special and wonderful. stuart: i if you mind me saying this, my dad used to read to me when i was youngster in 1950s. he read stories about world war ii. that is something different you're proposing to read kids today. the title of the book, bronco and friend as party to remember, a children's book. i will change subjects. bill belichick, colt of the new england patriots he says no to the presidential freedom.

what is your take on belichick. >> i was only there for a few weeks until he got rid of me. i haven't seen anything about it, i've been busy with the book, and college football national championship. i don't know what all went into it. i'm sure there was a whole hot of political stuff back and forth. i have no idea of everything that went into it that is little hard to comment. stuart: okay, if the medal of freedom had been offered to you, would you take it? >> i like the persistence of it in trying to get to the hard question. i think there is so much right now that you have to weigh and looking at everything that is going on and for me, you know, my biggest purpose right now is to try to bring people together with faith, hope, love. hopefully what this book is about, we're doing that at ttf. stuart: i see what you're doing, tim? you see what you're doing? by avoiding a direct answer to the question, you're ducking the question? you're not bringing people together. you're ducking it.

>> well the true if you just directly answer a question like that, there is so much that implied in so many ways right? a decision like that you have to weigh so many different things. so i don't have the answer nor have i been asked the question, i also think it is probably wise not to answer more hypotheticals because i think that can get you into sticky situations and so, you know, there is so much in answer like that i would weigh, i think about, i would pray about that, i would counsel, i would talk to pastors, because every decision has consequences. so you try to make the best, wisest decision possible. i think you know, without getting information it is tough to make an educated, wise decision. stuart: that is a fair answer, tim tebow. we wish you luck with bronco and friends, a party to remember. good luck, sir. >> look forward. appreciate it. stuart: now, we got big news in the world of basketball.

and susan knows basketball. she knows the story. so tell us. susan: blockbuster trade for the 2018 mvp, james harden to the brooklyn nets from houston rockets. three superstars on one team we call a super team i know what you will ask i will get to it. harden makes $41 million a year, i was doing the taxes, now new york state taxes 12.7%, does he owe $14 million? i think that depend where he claims he lives and how much time he spends on each city but some say he might be in for 14 million extra new york state tax up to pay now. we know harden wanted out of houston for many reasons. that might have included his disagreements with houston rocket the owner fertitta and his support for president trump. marketing experts say the nets won in the trade and deal. the brand increases with harden's stardom and massive

audience he brings along with him. is that pretty good? stuart: if he is prepared to pay extra $13.6 million in tax to get away from a guy that supports president trump -- susan: that 13.6 million is in question. it depends where he claims he lives. but we'll see. stuart: basketball players are like football players, they have got to pay tax in every state in which they play. susan: jock taxes. stuart: that is a real problem for these guys. susan, thank you. speaker pelosi caught violating her own gender pronoun rules while sounding off on trump's impeachment. >> i stand before you as a wife, a mother, a grandmother, a daughter. a daughter whose father proudly served in this congress. stuart: wife, mother, grandmother, daughter, i didn't think you were supposed to say those things. another example of rules for

thee but not for me. rachel campos duffy on that coming up. plus disneyland is now open as a covid vaccination site, that is. we'll take you to anaheim, california, live report after this. ♪ [laugh] dad i got a job! i'm moving out. [laugh] dream sequence ending no! in three, no! two, keep packing! one.

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stuart: disneyland is opening its doors, ah, but not for visitors, no. it will be a vaccination center. fox news's william la jeunesse is there. how is this going to work, william? reporter: well, stuart, it is confusing you know, is it 75 or 65? not just california but other states. here you need an appointment but hundreds showed up yesterday without them. demand outstripping supply. gates opened at 8:00. we saw cars here at 6:00. california like most states is playing catch up being criticized for failure to get vaccines delivered they had already been given, most but not all states are offering the vaccine not just to medical workers but anyone over 65 or under that age with a medical issue. cancer obesity, diabetes. they're coming to super sites like this one at disney, 3,000

vaccinated yesterday. the goal is 7,000 but also, nfl stadiums in boston, atlanta, phoenix, being used. ball back in san diego. the rules different from state to state, even county to county. some are age 65, some 70, some 75. how do people sign up? do they need appointment or i.d.? some say yes, some say no. some are doing better than others that they received the best west virginia, 69%. north dakota, south carolina, rhode island at 51. the with states are georgia at 20. at bam, hawaii, virginia, california at 26%. >> the state vaccine rollout has been a bit disappointing. we need the state to distribute vaccines to the county quickly. reporter: cases still rising in about a dozen states. the university of washington

projects nationally infections will peak january 2th with fatalities cresting about 10 days later on february 10th. >> the next wave, the next week, when those people now peak and need to be intubated or use icu intensive care kind of services. and then a few days after that unfortunately either you get better or you don't. reporter: going forward, stuart, states will receive more vaccines from the feds based on their population over age 65, not the population at large. vice president, president-elect biden is supposed to make announcement tonight about how he will handle the vaccine distribution. stuart? stuart: that is william la jeunesse in los angeles. okay, they're using disneyland here in new york. they want to use the javits center, which is a huge convention center right in the middle of new york city. it is a mass vaccination site.

tell me more about this. i think it started already, lauren? lauren: yeah. i saw the signs yesterday driving into new york city taking the lincoln tunnel. vaccination center at the javits center this is the largest in the country that will inoculate eligible and willing new yorkers. so here is what you need to know, seven million people in new york can schedule the appointment to get the jab because guidelines have been relaxed. but there are two buts here. it is hard to sign up. the system is not soon yet and also supply. new york is getting about 300,000 doses a week from the feds but, you know that is not, if we need seven million obviously it is going to take a long time. six months to get them into arms. but you got to keep the supply, coming, stuart. yankee stadium wants to join citi field as mass immunization site as well. stuart: just come on. get on with it. organize, please.

this is, we need this. get it right. thank you, lauren. still ahead, rachel campos duffy, congressman madison cawthorn, dan henninger, tomi lahren. plus jack dorsey tries to justify banning president trump from twitter. i say it is a danger to our democracy. it is a serious thing he is doing here. that is the theme of my take. it comes to you after this. ♪. sofi made it so easy to pay off my student loan debt. they were able to give me a personal loan so i could pay off all of my credit cards. i got my mortgage through sofi and the whole process was so easy. ♪ express yourself ♪ ♪

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to give right away. - [alec] big or small, your gift helps us all. - [both] thank you. (giggling) >> no true supporter of mine could ever disrespect law enforcement for our great american flag. we cannot tolerate it. >> had he only said the words that he said yesterday in advanced of his rally, things might've been very different. >> one of the favorite words of the left is collusion, every elite in politics, every elite and media to try to erase donald trump and his supporters. >> the markets are looking beyond the political sphere and saying what's going on, we have remote work, we have more borrowing, reduce corporate travel, all of these things.

>> the market is doing great right now but i cannot share the optimism when i think about the policy uncertainty going forward. >> from a negative side higher taxes and more regulation but a lot of stimulus and that is flowing through. >> even the bulls have been surprised, even shocked by the advance. ♪. stuart: 11:00 o'clock on the east coast, this is thursday january the 14th. hot stuff, it's bitter cold in new york city but hot on the market, the dow was on pace for a record close again, and the nasdaq hit an all-time intraday high earlier today, 31200 just a few moments ago, 13200 on the nasdaq, s&p, 3800, now this.

stuart: jack dorsey, he is 44 years old and he's worth around $13 billion. he runs twitter, he has banned permanently president trump. this is censorship, plain and simple. it is the deliberate suppression of opinion, mr. dorsey justifies this by saying the president incited violence. i would like to be the judge of that. i decide for myself, i want to see and hear what the president has to say. but faced with a fire stole of twitters under criticism, dorsey has a rambling series of tweets. he is trying to justify censorship but he seems really confused. he says banning the president was the right decision, then he tweets that it sets a precedent i feel is dangerous. the power of an individual corporation have over part of the global public conversation. he's got that one right. it is a danger to an open

democracy. do we really want a couple of billionaires who run near monopoly businesses dictating what we may see in here? the power we have given to the dorsey's and the zuckerberg of this world is extraordinary it's a new phenomenon. the recent events in washington have brought into full view the dangers of monopoly power when applied to public speech. it does not matter if it's a government or private company that is telling us what we can see and hear, big government or big corporation, censorship of political opinion by monopoly is wrong. we must never accept this limit on our free speech, we must never allow ourselves to be forced into the acceptable way of thinking. this is america, we are not sheep, we will always be divided if one side thinks their point of view is being suppressed by the corporate elite. that is what is happening now. the third hour of "varney & company" is about to begin ♪

♪. stuart: check the markets, it is a rally, the rally is holding up for the dow, nasdaq and s&p, i think the market likes the idea of the stimulus program that joe biden will announce later on today. john layfield is with us, before we get to the biden stimulus pan what do you think about my opinion on censorship, what big tech is doing to the president is outrageous in imposition on our freedom, are you with me on this? >> i'm not sure i am but i think there's a line that we have to draw when somebody is promoting a crime, criminal activity that could happen. where that line is i agree on the slippery slope, people want to say the election was stolen whether it was or wasn't is their right. we have a right that people to

say the earth is flat if they want to say that. promoting a common activity somewhere you have to step in and i think all the people have said they want the companies to step in and the question is where do you step in and that's with the slippery slope happens. stuart: i think will agree to differ. let's move on, let's get back to the market. president-elect biden is going to issue his stimulus program, i think it's about 7:00 o'clock eastern time tonight, i think the market is up because it likes the idea of a big stimulus program, is that it. >> nothing is changed in the macro environment with the market the fed is saying invest in stocks the question is which are you going to invest, the russell was up the highest monthly gains ever had because we see a sector rotation but until you see a macro change with the feds in a stimulus program you look at 2009 and you see history with the vice president biden and president

obama they put off the tax hikes for a couple of years because they knew it would hurt the economy not politically palatable. and looks like we get all these good things coming out of a president biden under a huge stimulus program, the fed will keep money in the system and will have low interest rates and no tax hikes in the foreseeable future. stuart: how about the vaccine news, johnson & johnson a one-shot vaccine does not need deep freeze coming on strong pretty soon, is johnson & johnson part of the reason for the rally? i see the stock is up 1.7%. >> if you look at johnson & johnson there delayed a couple of months, the moderna vaccine advisor vaccine when you look at what is going on in israel with the pfizer vaccine it looks like the pfizer vaccine is blocking people from transmitting the virus even though there immune to it themselves, that is huge as far as stopping the spread of covid, i think the vaccine -- this will market is hinging on this vaccine when we can get to

herd immunity i think we will see pent-up demand like we have not seen since the end of world war ii. stuart: stimulus, fed printing, good vaccine news, that accounts for the rally, have i missed anything? >> i think it's all good news and we have a weaker dollar so you see the multinational companies right or wrong president by not under biden will not go for overseas plants and with money coming back in with a weaker dollar will create earnings. stuart: right on the mark about wrong on censorship, we will agree to disagree. i couldn't resist it, i'm very sorry, you're all right. john we will see you soon, john layfield, see you again soon. cnn don lemon slamming comparisons between the blm riots in the capitol hill riots. watch this. >> you cannot compare what happened the summer to a habit

of the capital, one was built on racial justice, on criminal justice. on reform, on police not beating up or police treating people color differently than white. what happened on the capital was built on a lie perpetrated by the president and the people who support him. stuart: rachel campos-duffy is with us, you heard the sound bites from don lemon, what do you say? >> first of all let me say you're right on censorship, we are entering into a chinese social credit system that is very, very frightening to don lemon, you heard from him, he said there is good violence and bad violence. and i guess he gets to set up to decide, democrats get to decide what violence we can be outraged by and whatnot. in the selective outrage about political violence is very

dangerous. i will remind you that this summer henri and paul and his wife and many other congressmen supporters of the president exited a federal building, the white house after the president's acceptance speech, they were surrounded by mobs, the wives were called trump wars and citing the husband want to punch them and they had to be restrain themselves and grandpa and his wife were afraid for their life, the same way the congressmen and women were afraid for their lives in the capital. none of this is good, it is wrong for don lemon and wrong for aoc and many others to decide what violence is good and what is bad. we are entering into a really, really dangerous phase of our politics. stuart: i agree, yes we are, it is extremely dangerous when you make that kind of comparison and say one is okay, this is not.

and when you say this is okay and this is not. >> remember, i gave you the example of rand paul, he was attacked at his home, injured severely, sent to the hospital, he was on the baseball field when bernie sanders supporter nearly executed 12 - 14 congressmen that were there and the only reason they survived because steve scalise was there and had a capital police detail with him on the capital police save the lives of all of those members of congress and there were a couple of doctors congressmen who also were a part of the reason why some of the members did not die, steve scalise in particular. let's not pretend that this only happens on one side, happens on both sides and i want to see just like the president gave that speech yesterday, i would like to see joe biden did now to supporters who were responsible for the violence of summer that ended in police officer's dying

and people dying and businesses being ruined, we need to see purity in our leadership calling this out. stuart: don't hold your breath. rachel, i know you have seen this and remember this a few weeks ago, speaker pelosi pushed to get rid of gender specific terms, pronouns and congress, it seems like he has forgotten. watch this. >> i stand before you as a wife, mother, grandmother, daughter. a daughter whose father probably served in this congress. stuart: what was that, wife, daughter, grandmother, mother, et cetera, et cetera, i thought those were gender specific and band, what happened. >> that's right she's not the madam speaker, she is it i guess, that's as neutral as we can get. it speaker. this is stuff that came out of the campus is and i been saying for a long time that we need to be very careful, what is been

happening on our college campuses, the radicalism is moving into corporate america where many employees are pressuring their corporate bosses to take on these woke policies and it's also now moved into the congress where the younger members more radical members of the congress are pressuring the older members like speaker pelosi, we cannot remember what she just said that she wasn't supposed to say pronouns that were gender specific, that is all happening and i'm going to tell you what blm and their mission statement said they wanted to eliminate the nuclear family, they wanted to destroy it. this is a marxist plot to do this it is not just silly campus stuff, the privacy of the family is the foundation of western to civilization. what you see, those on the left do not want center and the foundation of the primary unit of society they want the state to be that. they want people like to be

dependent on the state and loyal to the state. again this is another dangerous phase, this is not silly campus stuff moving into congress, there is a reason and ideology behind this that we ought to be very careful, i am a mother, you are a father and those are important to our society. we cannot allow this kind of woke stuff to undermine who we are as people. stuart: wife, mother, rachel campos-duffy, thank you for being with us. see you again soon. >> and an american, i am an american. stuart: need to, a big show still ahead, wall street journal guide dan hann a is with us this morning. so is fox nation host tomi lahren, all asked her what she think about social media censorship and the future of parler. plus that man on your screen freshman congressman, he spoke at mr. trump's rally right

before rider stormed the capital. rotate. >> when i look at this crowd i can confidently say this crowd has the boys of a lion, there is a new republican party on the rise. stuart: he said that right before the bryant, is he facing any backlash for his speech, i will ask him he is on next. ♪

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stuart: what will the biden administration do, we hear the

president-elect is expected to bring back the individual mandate which requires us all to have health insurance or else. hillary vaughn is with us, how much will that cost the average family? >> over $2000 for a family of four or 695 per adult and that penalty is overwhelmingly one of the most unpopular parts of the legislation, it was repealed and a lot of people don't want to see it come back, the penalty especially punishes young people who work in the services industry in many out of work during the pandemic and they say they cannot afford to pay for health insurance and they can't afford to pay for the penalty either. >> a lot of us cannot even afford healthcare, at the same time were not able to afford a penalty either. >> another big change that biden

wants to make let illegal immigrants enroll in the exchange, they will get slapped with individual mandate if they don't because that is levied through taxes, if you are not a taxpayer the individual mandate does not affect you, i talked with the health expert that tells me biden's plan to let people illegally benefit from the exchange could have an impact on your premium because of a lot of people enroll with pre-existing conditions that is going to drive up the price for everyone but biden's plan is not letting government subsidies take care of undocumented people enroll in this exchange, even with that, i talked with an immigration policy expert who he says this is one step of a larger plan to let the government subsidize healthcare for those here illegally. stuart: thank you very much indeed, the general outlines that serve president-elect biden stimulus plan will be revealed later on today, the market likes

what things is going to see regardless of the special penalty that is possible there. my next guest, let's backtrack, my next guest spoke to president trump's washington march last week before rioters invaded the capital. congress and madison call thorn is with us. you made that speech, do you feel any responsibility for what happened at your speech was done and what happened on capital. any responsible yet all? >> i do not feel any responsibility, i don't know if you got to read the full transcript of my speech but i made it clear that those protesters did have a voice on the congress for that i was going there to debate to contest the election to try to span up for the constitutionality of election primarily in wisconsin, i believe we distracted ourselves from the true cause of

conservatism, there is a violent minority at this protest who decided to take democracy into their own hands and it was a pathetic weak minded attempt to try to change what is going on in our country where as republicans should be talking about our solution for the future and how we can move forward on things like healthcare, make sure we don't have an individual mandate in the economy and the environment, but now we have to sit back and i'm here on fox news having to explain why i spoke at a protest, it is a terrible state to be in. stuart: let's talk about the leadership of the republican party, are you comfortable with president trump or donald trump as he soon will become continuing as the leader of the republican party, are you comfortable with that? we met i think donald trump started a great movement putting the citizens of the united states first and making sure their needs are taken care of, i don't think that is going to die with him but i don't label myself as a donald trump

republican or as a george bush republican, one who is here to radically change how the republican party does business and make sure that we represent what americans truly want in their party. stuart: do you think donald j trump should run again in 2024? >> that is not for me too say i consider the unlikely, who knows what's going to happen but i do believe will have a great slate of candidates coming up in 2024 and when you see the house, the senate and the president controlled by one single party almost every single time all throughout her history almost always ends in war us declaring another were somewhere else and it always hurts the economy. i believe will see a red weight coming into thousand 22 and we can see biden not being reelected in 2024. stuart: only time will tell. congressman madison cawthorn, come back soon. a new survey shows 80% of people

want to do this one thing when the pandemic is over. lauren is going to tell us, what is the one thing? lauren: i am one of them spend money, they plan to get vaccinated also plan a celebratory splurge, it's like you get your shot and then you go party it could be a fancy dinner or a fancy vacation. it is something to celebrate the fact that you are free again. and this is a serious part, 15% say no party for me, they were financially scarred by the pandemic and even if they get vaccinated their going to sit tight, simmer down and save money. stuart: i hear that. lauren: was the first thing you would do? stuart: i would like to travel again, i really would. if travel were opened up to me i would love to go and see my sons in new zealand and australia and my grandchildren there and at

the moment i cannot do that, that will be my splurge, if i could do that i would do that. definitely. i am hoping. lauren: i agree. stuart: i'm not supposed to say this but only time will tell. we'll get to it later. lauren: you see that in one box. stuart: i did, i did. google complete a $2.1 billion acquisition of fitbit, it is done. tell me more. susan: it took 18 months, there finally closing the google acquisition over $2 billion after a month-long probe into whether it could add to google's dominance when it comes to online advertising, that's what they're looking at and we know that google has been part of multiple virtually every state across america has joined one or two of these against google that they had too much control when it comes to search and advertising. stuart: got it, thank you very much. we told you about the investment that has $220 million worth of bitcoin on the line.

he has forgotten his password and is only got two guesses left before he shut out forever. now he is speaking out. what he's saying may surprise you in the d.c. police going after home alone. you won't believe who is leading the charge. that is coming up. first wall street journal guy dan henninger says president-elect biden should pardon president trump, he will explain it all next. ♪

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>> no one is above the law not even the president of the united states. but donald trump is a clear and present danger to our country. stuart: how speaker pelosi leading the charge to impeach president trump for the second time. now what, and his new op-ed wall street journal dan henninger says the most statesmanlike thing that biden can do would be to pardon donald trump. dan henninger joined us right

now. dan, do you think president biden would pardon donald trump? >> i do not think it's likely that he would because the left would scream too loudly, i'm not sure he has the strength to stand up to him. i think it would be in his interest and in the country's interest if he would do precisely that, look at the year that we've been through starting with the coronavirus back in march what it is imposed on on this country. we had urban riots throughout the summer in minneapolis, we had an extraordinarily acrimonious presidential election, election challenges, now the invasion of the capital. the impeachment of the present and the prospect of a trial and conviction of the president looking ahead of it. joe biden has been in public like first 47 years, yet two

failed attempts to win the presidency, he is going to be the president of the united states. i think he should want to have donald trump in the battle over between the left and right put aside so his presidency can proceed. so indeed the rest of us in the country can have debates and arguments over the policy issues that he's going to put forth such as in a similar speech later tonight. the last thing that i think anybody needs, that includes donald trump to have for the next six months to one year the country and his presidency consumed with arguing over nancy pelosi's sort of obsessive recriminations against donald trump. stuart: i think that's exactly what were going to get. i don't think toxicity disappears on january the 20th. i think it's going to be renewed for many months if not years to come. that is that i think were in an agreement. i've got to bring this to your

attention, a former democrat presidential candidate andrew yang is officially announced his candidacy to be the mayor of new york city, watch this. >> we need to make new york city the covid comeback city but also the antipoverty city. as mayor we will launched the basic income program in the history of the country. stuart: you heard it right there, he's putting the universal basic income idea front and center. what does dan henninger, the wall street journal make of that? >> i bake a bit as other lead preposterous. that's funny andrew yang is very thoughtful and sensible guy in many ways, we have spoken to him. but the idea of a universal income in new york even the progressives was sort of snort at that.

the city is facing a 12 billion-dollar deficit, i guess new york state according to andrew cuomo, they are now up to 15 billion. the mta subway system is up to $12 billion deficit and kind of the last thing new yorkers are going to be thinking about is a guarantee income for everybody in the city, they may think that money grows on trees and some of it at the brooklyn bridge, i don't think they're going to buy andrew yang's argument that the solution to their problems is to somehow create a guaranteed income out of money, the city in the state does not have. stuart: i don't know about that, the city elected aoc to congress, socialist and not too far removed from the andrew yang's of this world, watch out. thank you for joining us i'm afraid i'm out of time, i know you would like to get on with this but there you go. see you soon. look at that bitcoin $40000 per

coin, we made it, we told you about the investor who forgot his password and he cannot access $220 million a bitcoin that he bought years ago. he is now speaking out and susan is going to tell us what he saying. lauren: let us know if you agree with this, he made peace with the fact that he might not be able to access $220 million in bitcoin, it is been nine years since he first realized he could not remember the password and gain access to the wallet. ample time becomes a turns of it, he only has two attempts left to try to unlock a small hard drive and hold the keys to the digital wallet, 70000 bitcoin, that is a lot of money i don't know how you would feel but i would think what happened to the cloud back then, couldn't you find your password somewhere in the cloud, somewhere? stuart: good question you asked me what i would do, i don't look back i think i would get over

it. $220 million is a great deal of money but i think after nine years i think i could swallow it, get over it and move on. how about you? lauren: it would be hard especially if you need the money but you're right i have to say humans are able to adapt to their environment in a wonderful way, maybe after the first five years i would get over it. stuart: i think you're right, well done. moving on american airlines is now the first airline to introduce a health passport, this might let me travel, go ahead. lauren: i was just thinking that, for all international travelers coming to the u.s., your kids can come visit you, it starts next saturday, passengers would have to use the verify app to confirm a negative covid test within readings of departure. but this might be the price that we have to pay to go see people and do things again, it is personal information that would be stored and shared because

this is a global program, america is the first airline to have this but it's a huge international presence. you know the other airlines are going to quickly follow. stuart: if it opens up international travel all be one happy guy. this is something that we cannot stop talking about so we are going to roll it again, this is tom cruise virus meltdown. watch this. >> thousands of jobs [bleep] [bleep] i don't ever want to see it again ever and if you don't do it you're fired. stuart: he's got a new way to make sure people are following safety rules onsets. he's not going to believe what he suggesting. you could soon get a covid vaccine in the publix grocery store, ashley webster will join us from a publix in florida. ashley is next.

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stuart: how about this you could soon get a vaccine at the grocery store, ashley webster is with us, he is outside of publix grocery store and palm coast florida. he has a suntanned they're less, has anyone gotten a job at a public store yet? ashley: yes they have, the number of stores that are giving those vaccines going up all the time, it is so easy when you think the public sector and work with the private sector who know how to get things done, it's amazing how smooth things can go, all you have to do is go to public circuit might get in you

actually register for a date to get your vaccine, you come in and get your shot, in this case publix is offering number during a vaccine, you have to get a second shot 28 days later, he also registered for that, things have gone so smoothly when florida governor ron desantis first began the program he only included about 22 publix pharmacies, he said they're doing it right, i'm going to expand it and he says the results are being tremendous, take a listen to what he had to say. >> we would go to different stores, everyone was really happy, really professionally run operation so they said they can do more, for this week as we got more shipment in, we gotta do more for publix so they can get into our communities. >> the vaccines are available in 122 pharmacies there available to healthcare workers, term facility residents, people over the age of 65 they can see up to

125 patients per day, that is the limit and yes, it is free. if you don't have health insurance bring a social security card or driver's license but there is no charge and there have been no buildup of crowds, it's all be very orderly and i do expect the number of publix pharmacies to be expanded day after day as more people want to get the vaccine. those that have been given so far we don't have a total up to this point, 56% were 65 years or older, by the way under the cdc guidelines, 65 and over was not included in the group but the ford governor said that's ridiculous we've got the doses, let's begin inoculating those, by the way the cdc has jumped on board so florida led the way in that as well. good news, i'm not sure about rollouts elsewhere but in florida it seems to be going pretty smoothly. stuart: florida leads the way and a lot of things these days.

you know whether it's taxation or the exodus or all the rest of attracting big business. thank you very much indeed, travelers coming to the united states will soon be forced to show a negative covid test before they could get in. who is going to pay for that? not the airlines, we have more on the new rules and travel restrictions on the way, we have the full story. the ceo of parler says his site might never be back. tomi lahren has a lot to say about that and she joins me after this. ♪ what day is it? these days it can be easy to lose track of things. did i feed you? but taking prescriptions shouldn't be one of them. cvs simpledose presorts your prescriptions into packets, so you know what to take when. delivered at no cost. is this clean? visit cvs.com.

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might never come back, tomi lahren is with us. that is outrageous, that was an alternative platform that allowed free speech and they killed it. tell us how you really feel about this i'm appalled. >> will tell you how i feel, so long liberals and left us and those who don't appreciate free speech and the first amendment told us if you want to have free speech in your right and center in conservative opinions, create your own app and parler was born and they said were also going to that thahaha dha d de w have ht do nreowow oe ownnt we c h ce h aav aavoi, thihi ii bs autbse absmi anabomiontifheff ment and the f ttac atibatalibs ands aef lsts are a siin bin a bla ainlala i ishasts sweuldweuleweul mt mfiededed, d eyoteyhi thishis iveveve g tin ce c bomek tomok tauok t o, dhe tnk t ahinkne oid-sid id co

ercosationsatisenicenlicorlor ne i s i'mrtginohihi so st rt t cte clete cleftlletle ,thatheyth hheye gheote ge a a o publicblpifou s om the t nhearw band b b b o opinioou are out, you will be canceled, yleou woule nishedni and putut out businebussbu annottt str ssnoh hh hh strongly i flylbout ts, t reallyreeel that's free speech is at stake in a free democracy is at stake, have i gone overboard or am i just pounding the table too much? >> no, were definitely trending closer to china than the united states, that is terrifying we should all be terrified. i would like to say there's been a lot of talk about donald trump at his legacy and no one is talking about section 230 or big tech censorship before president trump, now republicans are jumping on board saying we need to do something, they had an opportunity to do something two years ago and they didn't now it's a en vogue thing for republicans to claim that they

care about free speech, i would like to see some action and unfortunately because we have the trifecta from hell it's even more difficult to get a hold on it. stuart: i'm going to show you something which i find absolutely unbelievable but apparently, support his growing to remove president trump from the holiday classic home alone, watches please, roland. >> excuse me, where's the lobby. >> down the hall into the left. >> they went to rector actively counsel him. the start their own home alone, he supports this, it's ridiculous. it's ridiculous. >> what is more ridiculous, that is their priority removing donald trump 32nd part from a christmas movie is a priority of the left, the hollywood liberals and others, this is the biggest thing they have going on in the country, of course it is because

they want to be able to remove trump from history, they want to cancel him but in return what they really want to cancel is people like me, conservatives, they don't wanted to speak, the message is very clear, sit down, shut up or else. unfortunately finding out what else that or else is, take away your platform, your voice and everything that you have. stuart: dreadful, thank you very much for being on the show and expressing strong opinion, we appreciated we will be watching you, no interruption available only on fox nation. next case the airlines bracing for new travel restrictions. covid is spiking in some parts of the world, jeff flock is at o'hare airport in chicago, what are these changes that we are talking about. tell me. >> changes that are going to make it increasingly difficult to travel internationally particularly to the international, typically packed with people this hour of the morning, not so much today, take a look at the new restrictions by the cdc, all travelers now

even those that live in the u.s. as a return to the u.s. would need to prove that they are covid negative. if you've had a positive covid test, if you don't, prove it, if you cannot prove that you will not be allowed to order the plane of the country you're coming from, can be a pcr test or rapid test but it must be within 72 hours of your flight. chances are you're going to have to pay for it yourself and not make any provisions for paying for, you will have to have a test even if you've had the vaccine or even if you have already survived covid. you will still have to prove that you are negative and this all starts about a week and half, january 26. things are already tough out here as you can see, pretty tough for travel, international travel, will not get easy one flight going to india that you see the people, that is it.

stuart: that is it. thank you very much, we will see you again soon. i hope we have time to get the sin, tom cruise trying to avoid another covid meltdown on his movie set, lauren what is he doing. >> he opened his wallet instead of his mouth, he bought two robots that will have monitors the set of mission impossible, they are also going to test his staff for covid, the bottom line cruise does not want this to shut down for health reasons, he says a lot of is at stake, jobs are at stake so he bought two robots and he said they're going to make sure everybody is doing what they're supposed to do. stuart: i just want to get this in because this is important, posh mark is now open to trading, the ipo today i'm looking at $100 a share, that's a quote as of right now, that is more than double the ipo offering price which is $42 a share, we have another ipo going

to the moon right from the get-go on day one. more "varney" after this. ♪

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31 million people spend an average of 21 minutes on the site every single day. that's really extraordinary and now the stock is just gone public and it has gone to the moon, like a lot of other ipos recently, straight up, right from the start. time's up for me. neil, it's yours. neil: all right. thankthankthankthank you, stuar. just another incredible example wall street defying what everybody is saying on main street. we'll watch poshmark. what is interesting i was reading more about it, it avoids inventory are, piling up goods that don't sell. in era when we had neiman marcus, jcpenney, they bought more than they can sell. they don't have that direct relationship. it is relationship between buyer and seller. it works like a charm. keep an eye on that. we're keeping an eye on the next president of the united states six days away from becoming