easy, i've been talking and very bullish on home depot over the last couple of years, but i would say lowe's is interesting to me in the first couple quarters as they're about half the size and only trading at -- charles: i gotta leave it there, nicole. i want to say happy new year. for what it's worth, my wife likes lowe's over home depot. liz claman, got a little bit of momentum on the first trading day of the year. liz: how about that. what a great start, especially for the bulls. wall street popping the champagne on the first trading day of the new year. markets, folks ugh, right now at all times high. the dow needs 150 points to hit an all-time high. we're there for that. we're up about 197 at the moment. not bad. the s&p though needs 26 points to kick off the new year with a close at record highs. we're up 25 and a teeny bit of change, so you've got to stay

with me this whole hour to see if that comes to pass. really possibly could set the tone for the whole year. investors are totally ignoring the omicron outbreak. now, of course the virus is spreading like wildfire, but the symptoms seem less severe, leading to fewer deaths particularly if you are vaccinated. however, the hammer is still coming down on holiday travel. so what we're going to do is take you straight to the philadelphia international airport for an on the ground look at the situation but also what it looks like up in the skies. i've got a flight right after this show to las vegas. i'm watching every single second to make sure that thing isn't canceled. 2021 was marked by high costs for food and gasoline triggered by demand and a lack of supply. now, when does the one of the biggest sellers of bulk goods see prices finally coming back down to everett? in a fox business excludes collusive, we'll ask the ceo of bots. and we are starting off the new

year with an epic sibling rivalry. the murray brothers, jonathan and david, both financial experts. may look exactly alike, but they are about to face off when it comes to their 2022 predictions and what will hit and what will miss, and they're going to battle it out. hear what they say and you decide. plus, tesla investors punching the buy button as deliveries come up nothing short of amazing. we've got the non-analyst who got it right. he's about to make his 2022 tesla prediction. but first, we've got to start with breaking news. it happened but did it hold. at 1:44 p.m. eastern time, apple became the very first company to ever cross the $3 trillion market capitalization mark. but to close there, apple needs to be above $182.85. look at it right now. we're at $181.82.

so gotta be at $182.85 to do the trick. but with apple pretty much at record levels, is it still a buy? back in november apple was at 148 a hair. that's when we asked dan dan i'ves what our viewers could do when it comes to that stock. listen. >> oh, it's a green light. i view have it as $3 trillion mark cap. any selloff in apple, we're buyers. liz: and right now apple's market cap is greater than the bottom is 84 companies in the -- 184 companies in the s&p 500 combined. combined. [laughter] unbelievable. if okay, so we're just below $3 trillion. got to stay with me this whole hour to see if we close there. call it a combo of the santa claus rally and the january effect, but whatever the moniker, we are opening the curtain on 20232 with a rally -- 2022 with a rally. will it set the tone for the rest of the year? the dow jones industrials up 176, we're at a record.

the january effect, as you just heard charles payne talking about it, is this belief that the stock market has a tendency to rise in january more than any other month due to, a, fresh money coming in the form of year-end bonuses going to work, if you got one. and, b, after end of year tax loss selling investors are ready to make new bets. often the new money tends to flow into small caps. now, the russell 2000 which is up just about a percent right now saw a gain of 13.7% in 2021. that is not bad, but it is the skinniest jump of the five major indices last year. will last year's losers be this year's winners? the dogs that wouldn't bark in 2021, the stay at home names, and gambling stocks. could they come back in 2022? when i say gambling, that includes gaming. we've got scott redler and kenty poll carry. you guys are first up in 2022. kenny, the s&p crushed it, up

27% last year. hard to imagine a repeat, but will the january effect come to pass? what could blank it out in. >> listen, i think the january effect is coming today, right? it's the first day of trading, everyone's exciting. you see a lot of bargain hunting going on and a lot of names that have gotten beaten up. but i'm very much concerned where we're going9 with the fed, so i'm not necessarily myself buying up we're going to be up in january and up for the year because i think it's going to be a rough patch awe head of us. but i would expect that names that have gotten really beat up at the end of last year are absolutely going to find some love amongst the bargain hunters and from people who are looking to put new money to work. by themselves they're great names, they just ended up getting beaten up because people used they can am -- them as tax loss selling and took advantage of that. liz: kenny, the 10-year yield is showing that the market believes we will see three rate hikes this year. look at it. we are at 1.631%.

folks, this morning i woke up pretty early, it was at 1.60. so, kenny -- >> it was at 1., it was at 1.5 when i got up at 5:00 this morning, so, therefore, we've got a 12 basis point move in this thing. [laughter] so, yes, i agree with you. i think that's exactly the problem, is that we are going to see three rate hikes although watch what biden does because i don't want to make this from political, but if he fuels the fed with those three empty spots and puts dovish names in there, there may be a chance we don't get those three hikes, but i'm not sure i believe that. i still think we're getting them. i think we're going to get three 25-point basis moves. liz: scott redler, who looks purely at the numbers, not the emotion, what do you think? do we have the january effect? what could derail it? what do you like in this atmosphere? >> i do trade the january effect, and i try to position a

little bit to the last week of the summer because that's when anyone hates their stocks who are 50% off the highs, you know, you come in and you can buy them. they don't necessarily go back to where they were, but there's a lot of money to be made as a trader. there are a few groups that have been abused and thrown out the window like the cannabis stocks. traders like myself position a little bit in canopy, that stock's been down 75% off highs. i also positioned into draft kinks. everyone loved draftkings in the '60s and -- 60s and 70s. down here below 30, i think you could probably make 15-20% in that name. last year in november it looked like square was going to make a new all-time high, and now it's about 40% off highs. so i think there's lots of names that a have been battered and bruised, and for those who had their sells, there's opportunities in those type of names.

but to me, they're probably broken bounces, so you have to get in the right way -- liz: okay. >> and i think you could profit from them. liz: i'm just looking at tilray. high of the past year was $67. right now it's at $7.43, not far from its 5-week low of 6.97 -- 52-week low. i'm with you on that. i look at canopy and tilray, and i think if they reached that peak before, they could very well reach it again on any good headline news when it comes to approval. kenny, let's flip it back to these questions overall. do you see an equity correction in the first quarter? >> i do. i see a broader equity correction in the first quarter because i think we're going to hit some potholes because i think the fed's going to get more aggressive. once jay powell is completely confirmed by the senate, i think he's going to become more aggressive, and i think that's when we're going to see the

pullback in the broader market. liz: kenny and scott -- go ahead. >> -- three rate hikes, but the only thing that's going to deter it is the s&p 10, 15% off of highs, so i do also agree with kenny, but i think the first quarter or so they're going to start raising rates and the market's not going to like it, and once we correct enough, they'll say, okay, we're done. liz: i'm glad you two are ready to battle it out or agree this coming year. kenny, scott, great to have you both. [laughter] >> happy new year. liz: folks, we just got this breaking news. at&t and verizon have rejected a request by the federal aviation administration to delay 5g deployment. the aviation industry, just to explain this, have raised concerns about the potential interference of 5g with sensitive aircraft electronics such as radio altimeters that could disrupt flights. the wireless companies said they would not deploy 5g around

airports for six months but rejected any broader limitation on using c band spectrum. 5g not the only problem -- [laughter] when it comes to the airlines facing early in the new year. weather and the omicron outbreak canceling more than 15,000 flights since christmas eve. that according to flightaware. so let's take it to the ground. jeff flock is at the philadelphia international airport. jeff, what are the airlines doing? i heard that united is tripling salaries for pilots who will jump in. what else are you hearing that you can share with us that will, hopefully, break up this log jam? >> well, hopefully the impact of that change in the guidance in terms of how long you have to be in quarantine will start to have some impact. this is the expansion of philadelphia international. maybe you see some flights still moving. we had, you know, snow today. it wasn't a terrible snow, but i'll tell you, people are worried about this looming disaster that you --

[laughter] that you allude to, that is to say the rollout of 5g. if they really do reject it, then push has come to shove. both sides are saying there are firm. here is what the airlines are saying in their petition. they say if you deploy 5g right now, i quote from their petition, aircraft will not be able to rely on radio altimeters for procedures, and then they will not be able to land at certain airports. they say 345,000 flights could be impacted. what are those airports? you're lucky you're flying today, liz, because they're laguardia, jfk, newark, o'hare and boston logan. you know, i don't know about you, but i don't know if you've ever gotten on a plane and they say put it in airplane mode and you forget? well, there's not a whole lot of disaster for that, but they say it could happen. not that we needed any other reason for delays or cancellations. take look at the toll today.

already we've topped the weekend, which was a disaster. look at the numbers. 2,894 at this very moment cancellations. delays, 4,058. yikes. it was a perfect storm of weather, the lack of folks, airplane employees, airline employees who are calling in and saying, hey, listen, i got a positive test. you don't want me to come to work, right? yeah, no kidding. okay. well,ing i leave you with a picture, perhaps, we're outside here because it was snowing today, but newark international -- or newark liberty, people on cots, people -- long lines. you know, this has been happening day after day after day. only positive i can tell you, liz, is we've been reporting on this so extensively, people come to the airport almost expecting that there's going to be a cancellation or a delay. so i guess, you know, underpromise, overdeliver. liz: what a great way to start the new year. stuck in newark, new jersey.

i'm allowed to say that, i live in new jersey. [laughter] jeff, great to see you -- [laughter] new jersey's the best punchline. it used to be cleveland, but, you know -- i've lived in both of them, ladies and gentlemen, thank you. the biden administration focusing on the high cost of meat at this hour. there is a bilge meeting with farmer -- big meeting with farmers at the white house. a ceo is here to tell us how he sees inflation, is it going to moderate this year? are things breaking up when it comes to the supply chain log jams as well? his bulk-buying customers in the new year, what he says they will see. closing bell ringing in 47 minutes. "the claman countdown" is coming right back. folks, you're looking at a record for the dow jones industrials on first trading day of the new year. ♪ ♪

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♪ liz: president biden kicking off the new year meeting moments ago with farmers and ranchers from across the u.s. the president discussing his administration's plans to create a fairer and more competitive

supply chain for meat. meat prices have skyrocketed over the last year, up 21%. i mean, you're talking about serious food inflation that continues to rise to historic highs. and while americans can expect that they will pay high fees for household essentials, the good news is that the es-commerce -- e-commerce industry continues to expand. boxed going public via spac in december, popping 43%, the stock stands at $13.95, up another 1.8. but what is in store for 2022 when it comes to, dare i say it, pantry hoarding? joining me now in a fox business exclusive, cofounder and ceo of boxed, che long. congratulations on the ipo, but we need to get to the real issue here. when will we start seeing prices fall or at least see what's called disinflation, the slowing down of rising prices?

>> oh, man, liz, it's great to be back, but i wish i could be with kind of a bearer of better news. we don't see any end in sight at the moment. we're still getting price increases from the manufacturers, and when you're looking at the manufacturers as they report earningsings you're also seeing the margins. if they're raising prices and their margins are come pressing, there's not a lot of relief in sight anytime soon. so for us we're doing what we can to manage costs, but at the same time if you're a consumer, you're definitely starting to see your own basket increase if terms of cost. liz: we know that this is a very serious or issue of an imbalance between supply and demand. there's huge demand, but supply has been very slow because of supply chain issues. where do we stand on those issues? what are you seeing? because you are that guy who ships, you know, salsa by the gallon -- [laughter] you know? tell me what you're seeing here. >> i'm also that guy that actually has slept in newark

airport multiple times as well, liz. i'm a jersey guy myself. liz: yeah, it's awesome. [laughter] >> it is quite a delightful thing. you know, when you look at the supply chain today, he can wily for us just about everything -- luck luckily for us just about everything we see is sold in th. a lot of the products when el it comes to food products are made here. but a lot of the increases are coming from the labor shortage. so the last mile delivery, the folks that work in the fulfillment center, in the manufacturing plants. as the wages go up and as it's harder and harder to fill those gaps, that's where you're seeing the real price increases. so for us, again, the shelves are stocked for now, but at the same time, labor and that labor market's really, really tight. liz: how do you get people back to work? if you had the president's ear, what would you say to him to incentivize people to get back on to job?

>> on the job? >> i think that's the trillion dollar question literally these delay days, you know? i still remember the great recession when we had a multi-hundred billion package and that was considered large, and now you're seeing -- in front of these packages. i think clarity with what we have to do as a nation is really important. so right now with all the different regulations out there, even for a company like ours that's not the biggest, but we do have multiple locations throughout the country, it really sends a mixed signal to what we have to do in order to get people back. so what should we do within the buildings, what should we do when it comes to vaccines, what should we do when it comes to whether there's lockdowns or not. there's not a lot of clarity at the moment and making a clear picture will be better for all businesses and getting people back to work. liz: i am not asking you to get political here. we are free marketeers.

there was a point where we absolutely had to sweep in and help people because they lost their jobs. we had unemployment in april, it was insan. -- insane. when you really look at what it was, people tend to forget, but employment was at something like 15.7%, and it was absolutely insane. unemployment, rather. and you've got, you know, there was a time and a place for that. is there there a time and a place for another multitrillion dollar bill or even just a $1 trillion bill? >> you know, i wish i knew the exact answer to that, liz, and that's not a bunch. -- punch. if i knew the exact answer, i should probably run for office. i'm a wholesaler in groceries, but at some point in time, there needs to be a tapering. we've of printed so much money and lifted a lot of folks out of poverty, but at some point in time, that needs to end and we can't do that forever. i think it's up to the government to really make the right decision there because sometimes printing more isn't the right answer sometimes.

liz: thank you very much, chieh. i'm sorry you didn't have better news, but you articulated it very well for our viewers that they are having their price margins compressedded. please come back. >> thanks, liz. liz: e elon musk boogieing into 2022, leaving wall street analysts stun and wondering how they all got tesla delivery numbers so wrong. ah, but one "claman countdown" guest did not. what the small tesla accessory retailer told "the the claman countdown" viewers two months ago and why he's living up to the smartest than the analyst moniker we gave him back then. what does he say about 2022? you've got to hear it. closing bell ringing in 37 minutes. the crypto trading never sleeps. after a banger of a year that saw bitcoin spike 73%, right now we see the crypto of record down

just about 1% at the moment to $45,969. ether, known for its transparent and lightning fast transactions outpaced bitcoin in 2021. right now ether up another quarter of a percent to 37.05. and lite coyne which one year was at $132 today is at 146 and change. don't go away, we're coming right back. and, yes, for better or for worse, so is charlie gasparino. ♪ ♪ your record label is taking off. but so is your sound engineer. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description.

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uh, they are a little tight. like, too tight? might just need to break 'em in a little bit. you don't want 'em too loose. for those who were born to ride there's progressive. with 24/7 roadside assistance. -okay. think i'm gonna wear these home. -excellent choice. liz: fox business alert, tesla short sellers in serious distress on this first today of trade for the new year. the ev leader shorts love to hate is not only up, it is topping both the s&p and the nasdaq after it caught just about every analyst on the street flat-footed -- [laughter] look at elon. i mean, you can't see that

enough. with the stunning fourth quarter delivery numbers, tesla sold like hot cakes racking up 308,600 deliveries, blasting through wall street's expectations of a paltry 266,000. year-over-year tesla deliveries jumped 80%, mostly model ss and ys. the stock is up 12.8%. again, all the analysts blew the call. but back on october 21st, "the claman countdown" brought you the man we called smarter than the analysts. matt pressman. he's founder and ceo of a very small company. it's a tesla accessory retailer called ev annex.com. he told us to expect much higher dhiferly numbers. he made the call by using his own sales as the indicator, and his sales were skyrocketing for things like, you know, the center console organizer, things like that. boy, was he right, and here is his tesla prediction for 2022.

>> our customers who are one-tesla households, they're now becoming two-tesla households. and they order a model y, let's say right now, and they have to weight 6-8 months to get their -- wait 6-8 months to get their car. 2022 is going to be the year where tesla truly goes main mainstream. liz: so tesla households now become two-tesla households. for aficionados waiting for the truck, we want to remind you that elon musk said production would begin late this year and large scale deliveries will likely start in 2023. ev makers, even rival, getting charged up. lucent up 8.4%, canoo up 6%, nio up 5.5%. if one of your new year's resolutions is to eat more healthily, chipotle is adding

plant-based chorizo to its menu, the first plant-based item added since 2014. it's going to be available for a limited time only. kind of like the mcribs only not. chipotle down 3.25%. investors giving vivid seats the vip treatment at citi upgraded to a buy from a neutral on a pullback in the stock over the past two months. look at vufd, up 6%. -- vivid. citi says omicron will add uncertainty in the near term, but over time consumers will adapt to the new order. livenation seeing a gain of 1.6% right now. the food and drug administration authorizing the use of the third dose of the vaccine this time for children ages 12-a 15, and they are narrowing the window for the booster shot start date from six months to five months after the initial doses. the vaccine makers are all lower at the moment. moderna down 7.6% as a loss

leader, but what will the future hold when it cops to the new covid -- comes to the new covid world? folks, i am here to tell you the future is now, today. after this show i am jumping on a plane -- which i hope isn't canceled -- and i'm heading to las vegas where the consumer electronics show is widely seen as the first major test of a large scale indoor event in the covid new world. the world's largest electronics convention is on. it has not been canceled, and "the claman countdown" has your all-access pass to see how it goes. we kick off coverage tomorrow n. his first broadcast interview ahead of the show, ceo gary shapiro -- he's pretty much the circus master -- will join us louvre. how many more cancellations, who's still in and the risks he is taking and holding what naysayers believe will be a super-spreader event but supporters say say is increasingly important to pull off in a safe way.

all week long we're going to have the ceos of general motors, call cam, human far and doppler are -- blackberry, so much more. coverage begins live tomorrow from las vegas, 3 p.m. eastern. and i would guarantee you fox is going huge on this. okay? >> e we've got multiple talent, a massive crew. it is a massive effort, and we are going to bring you this story story that is not just a consumer electronics story, but a news story when it comes to holding big events in the new world. all right. the rise of the red reddit rebels, one of last year's biggest market trends. will the retail investor revolution kind of shrivel up their legs in the new year or continue the charge? the murray twins, jonathan and david, are here with their 2022 market predictions and that sibling rivalry that goes with it. no, you are not seeing double. you are seeing two for the money. you get to choose which one is

right. closing bell ringing in 27 minutes. look at the dow, up 206. the s&p just a point shy of an all-time record -- oh, there we go. it's hitting a record, up 26 points. the nasdaq charging ahead by 178. we are coming right back. ♪ ♪ care. it has the power to change the way we see things. ♪♪ it inspires us to go further. ♪♪ it has our back. and goes out of its way to help. ♪♪ when you start with care, you get a different kind of bank. truist. born to care. my daughter has type 2 diabetes and lately i've seen this change in her. once-weekly trulicity is proven to help lower a1c. it lowers blood sugar from the first dose. and you could lose up to ten pounds.

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♪ liz: amc ceo adam aron sharing his new year's less resolution told, and here it is: to consistent amc's high interest debt do the company racked up in an effort to stay afloat during the pandemic, particularly during the lockdown when all theaters had to shutter. and stay afloat, it did. now, listen, you can see from the intraday here that we were up earlier by about a couple percentage points. we're down 1.8% at the moment, but if you stretch it out to a year, the stock saw a is 1,183% gain in 2021.

amc's brush with bankruptcy caught the attention of the reddit bulls and sent the stock surging in 2021, sparking last year's biggest market trend, meme stock mania. but will the reddit revolution continue? here in a fox business exclusive to tackle that and so many more issues that we have as question marks in front of us, the murray brothers. ubs financial services managing director jonathan murray and retired financial services executive david murray. jonathan, i'm going to begin with you even though if david's retired, something tells me he may have done better than you because you're still working. [laughter] >> yeah, you better start we me before he goes to nap. so, yeah. [laughter] >> you're so funny. >> your tie is a little too tight around your neck. liz: listen, i went to santa cruz, i know about the birkenstock revolution. jonathan, the reddit revolution was not, in my opinion, the

story of last year, it was the story of the decade to see that the retail investor could, in the aggregate, join together and actually move a market whether it was gamestop, amc, blackberry, bed bath and beyond. there were quite a few of these names. does that continue? does their interest and their power continue this year? >> yeah. two things, liz are. first of all, i agree with you, i think it's great. because for so long financial literacy wasn't out there, and people didn't know the benefit of investing in stocks and companies and the power of equity ownership. it's fantastic especially for young people now that are investing their money more into 401(k)s and ec by equities and equity funds. however, i am an old man, about as old as my retired brother, i view the reddit craze and the meme stocks as more speculating than long-term investing. i'm a boring, you know our dad, boyd murray, we are long-term investors, not traders and speculators. liz: well, david, do you think

the excitement and the energy and the momentum continue, or was that really sparked by people sitting home, locked down can, and suddenly self-educating, realing, hey, let's move it together -- realize, hey, people get back out there and they're not sort of attached to the reddit rooms that started this. >> i i think both. i agree with jp. on a rare occasion, and this is one of them, where it's really a great thing and maybe covid had something to do with it. but people are paying more attention to investing. they might have more time to track stocks no matter what kind, and i think particularly for young people it's really become fascinating and interesting, maybe even captivating for them. they haven't gone through a full market correction though, liz. i think a lot of that's going to be washed out the first time we see a 10 or 20% pullback. liz: okay. let me get a macro picture because that was a little bit of a niche discussion.

jonathan, your picture for 2022. we have seen a gain of 27% for the s&p 500, dow up 18.7%, nasdaq up 22%. do you expect to see those rich jumps as we go forward this year? >> not quite that rich, liz, but maybe half that. i mean, we've till got really strong consumer -- still got really strong consumer and business spending. mortgage rates and car loan rates are still really, really low. there's $2 trillion of excess savings sloshing around out there, and it's likely going to go into the stock market at least for the first half of the year. we're calling 2022 a tale of two halves. the first half is going to be strong. we have an s&p 500 target of 5,000 by june. that's up 12% in six months. and then we think that some of the concerns with regard to inflation and spending and higher taxes might come to bear in the second half of the year. liz: david, something tells me you're not quite onboard with your brother. >> he has never seen a market that he doesn't like.

[laughter] let's put it that way. you know, you ask any parents, liz, or your former guest or any manager of an office whether it's a giant fortune 500 company or tiny, little business with two or three employees if they believe that omicron is being underestimated in terms of the impact to their business, the impact to their family, their children's school, bottom line profits, trying to arrange employees, and it's overwhelming. they are overwhelmed. i think, absolutely, people are underestimating the impact to the economy in the first quarter largely because of omicron. you look at the fed, we no longer have a $6 trillion stimulus package. they're done lowering interest rates. inflation's right around the corner. it's gone from 1 to of, it just -- 1 to 6, it just doesn't look that great to me. i think it's a perfect time to trim holdings that have gone up.

liz: okay. jonathan, as we finish up, where are you loving, the best investment opportunities. >> i love innovation. i lovelies ruttive technology. i love -- disruptive technology. i love value. these are all great opportunities. yes, the overall market is getting stretched valuation wise. i think it is a time to be very selective where investors choose to invest. liz: okay. david? >> i would say look at your portfolio. if you've got positions that have doubled or tripled, it is time to take at least 10, maybe 20% off of those, put it into conservative things where you'll have some dry powder to go in and buy your favorite old world, high class, high quality companies with good margins and good valuations in the first quarter. you're going to have a chance to buy it cheaper. liz: boy. it's great to see you both. i'm seeing double, as usual. jonathan and david murray, thank you so much. >> thanks, liz. >> thank you,. liz: we are coming right back

when charlie breaks it. yeah, he's back. ♪ ♪

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♪ liz: well, as yogi berra said, it's déjà vu all over again. employers at the big banks are advising workers to work from home at least for the first month as omicron cases in new york surged 64% last week. charlie gasparino know is back to annoy us -- i mean, to join us -- [laughter] charlie. >> i love you, liz, but i just heard your segment on a america c? -- amc? stock is off more than 60% from its highs. liz: this is true. up 1,000 plus percent over past

year. >> i know. but a lot of people bought it at 72 thinking it was going to the moon, but that's one of the problems -- that's another segment. liz: thank you. >> which i'm sure we'll get to sometime this week. the segment today is wall street, kind of back to the future. liz, we should point out that the wall street firms boast probably a 95% vaccination rate, yet they're seeing a surge in the cases of the new variant. and that's why what we have now is, i would say, a march 2020 style lockdown of the wall street firms in terms of office work. firms essentially really encouraging people to work from home. they're not saying you have to, but their bosses, supervisors are encouraging people who can -- except for vital staff, and we'll get into the type of vital staff that need to be in the office -- that just about every firm, they're all different in different ways, but just about every firm is saying work from home mostly through

january. add -- goldman sachs, january 18th is the day where they cited you should be coming back to the office, although you never know. it could go out further. morgan stanley is until further notice, you know? if you can, work from home. jpmorgan, a decision between the employee and the supervisor, but, you know, there's an emphasis on working from home. and you can go down the line, liz. again, this is, this is something close to what was done in 2020 in the early stages of the pandemic. wall street now though is very vaccinated, and that's one of the interesting things about the new variant, it does breakthrough the vaccine. i'm triple vaccinated, you know, i'm day 15 or 16 of -- of after getting symptoms. i'm covid-negative now, but let's be clear here, you know, i got it, and i was triple vaccinated.

the good news is, i think, in terms of wall street and broadly of corporate america, the data inside the firm suggests, trying to crunch the numbers, that omicron is going to burn through the population probably through january. it's going to be a rough january. but this is highly contagious, about twice as contagious as delta. and the way, you saw mathematically laid out, unless your locked in a cabin in the middle of nowhere, a lot of people are going to come in contact with omicron, and a lot of people are going to get it in the next month, and they think it'll burn through the population. the other positive thing, beginnings, this is from the firms, what they're telling their people, is symptoms are generally mild. i'm not saying everybody should do what i do. liz, i worked out every day that i was -- liz: okay. triple vaxxed and you really were able to mitigate symptoms. >> but not everybody should do that. i'm just saying, this is a

different situation, but we are going back to 2020 -- liz: okay. okay, ironman. thank you. so glad you're well. we missed you. charlie, thank you very much. the coronavirus pandemic lingering into 2022, more like charging into 2022 like a bad dream. today's countdown closer has the picks he says could help your portfolio build an immunity to its deadlyfects. how's that going to work? you've got to stay tuned. we are at a record high for the s&p, the dow has doubled its gains since the top of the hour. we're up 248 right now and climbing. closing bell is about 7 minutes away. don't move. ♪ ♪ for investors who can navigate this landscape, leveraging gold, a strategic and sustainable asset... the path is gilded with the potential

for rich returns.

. . .

you're a one-man stitchwork master. but your staffing plan needs to go up a size. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire ♪. liz: 3 1/2 machines until we hear the closing bell ring.

the dow, s&p, set to close at the record highs of 2022. the s&p needs 26 points. we're at 25.29, too close to call but the dow is absolutely there. we're up 210 points, long shot. that is a record. let's check apple one more time. the tech titan needs to close above $282.85 to be the first company to close with a 3 trillion-dollar market cap. already got there earlier today. we're shy of that right now. we're at 181.93. bring in cornerstone wealth managing partner jeff carbone with a billion in assets to wrap up the first session of the year. what do you like going forward in 2022, jeff? >> sure, happy new year. good start, january effect is in play. so we like sectors like health care. gives us really the right mix overall between good solid double-digit growth, above free market cash flow yields and good

stable earnings profile. add to that the backdrop of aging demographics, health and wellness being in there, aftermath of covid. we're liking companies like united healthcare anthem health. if you want more yield, maybe a company like abby fits in well -- abbvie. we're reminding clients high-flyers that are working today may not continue to work in 2022. the rules of the game we believe will change in this new year. liz: it has to at this point, right? last year was such an epic year. same with 2020. i just want to make this point. we're heading to ces in las vegas, the consumer electronics show. more than 100 health care technology companies are going to be there. and one of the biggest of course is abbott labs. you're talking about testing et cetera. is there one particular you know sector you like? >> well i again, outside of health care we do like financials as well. so, when you look at the

financial markets, valuation probably a bit cheaper. earnings growth is good. good stable, quality upside iawiiaay a littleittle wndewnderotectio wionh ioneth ngst ost ohehe csuonralanan eet.shsh ldgon mamaank ofank merian all offerferd eos eohe healthythyththsur,sutrgononap ct if y oolslsheou y i'm n n n scicnnyou you you kw,m anan mn mnec tolhn mention appleeerer gerat ger gernies. c l cank att the smallmama cap companies,iebaybaybaba valuation are looking pretty gooddnur view.ew know, notototot aec atete b sus ainais wes eealiea wi. notedd as a thehepl sy ssues but be careful, there is a lot of zombie companies if you buy in a small cap index fund in there. so quality and cash flow is still a big theme for us in 2022. liz: got it. jeff, happy new year to you and the team.

thank you so much. guys, ladies, launch the new year's's fireworks. the dow is closing at it is first record of the year on this first trading day. [closing bell rings] with a gain of 243 points. that puts it into the history books. s&p 500 is above the number it needs to hit a record. too close to call that will do it for us. i'm heading to vegas. ♪ larry: hello, everyone, welcome to "kudlow." i'm larry kudlow. happy new year. it is great to be back after a lovely week off. right at the start i want to make two points, folks, first i remain steadfastly optimistic about america's future. conservative values and free enterprise capitalism will handily joe biden's woke leftist drive. the america we love will not accept big government socialism. second, let's work tetr