take away here i think that would be, we have seen, much higher numbers on ppi high as 11% at one point while this is worse than expected it certainly is down from maria: let me say on the week ahead it'll be a quiet weekend washington the topline spending numbers for the ominous bill next week, will the government funding expiring on the 16th and then you have jay powell and his two day meeting in the cpi number. great conversation, we appreciated, the dow industrial down 63. thank you andy puzder, tomas philipson, dagen mcdowell, adam johnson, cheryl casone e, have a great weekend everybody. i'll see you tonight on wall street. "varney & company" begins right now. >> you got them all in there, good morning to you, good morning, everyone talk about a

jammed pack news day is coming thick and fast start with inflation at the producer level, moderating and the last 12 months the business cost rose 7.4% that's down from the 8% reading. month over month inflation picked up a little on the market doesn't like that part of the report, here's a wall street reaction the dow industrials when the news first came out about inflation way down off 250 points now are down 70 moderation of the selling, s&p down nine, nasdaq 1028 is strewn streets the yield on the ten year 350, the yield on the two-year well over 4% you looking at 432. a huge spread ten year to two year. the price of gas down again, 331 is average today down one set overnight, and diesel coming down to 498. oil still in the low $70 a barrel range looking at $72 almost even right now.

blockbuster developments in politics the lid has been blown off twitter's program of censorship it was extensive, into conservatives and top executives lied about it a ball inside of the twitter band blocks ascender light opinion on the 2020 election and the covid lockdown. another bombshell arizona senator kyrsten sinema has left the democrat party she says she doesn't fit neatly in a party box so she will become an independent. she says she will not caucus with the republicans. his senator manchin next? sam bankman-fried is willing to appear before the house services committee next week, he tweets he doesn't have access to all his data so i won't be as helpful as i would like. bitcoin trading under $17000 level, 17156 to be precise, brittney griner back in the united states she was swapped

with the russian arms dealer the white house under fire for making what some consider a very bad deal. i watched terry and meghan netflix special, yes, i did. my review two words juvenile whining. friday december the ninth 2022, "varney & company" is about to begin ♪ ♪ >> have we got a show for you today will start with one of the biggest stories of today more twitter files have been released were learning the company blacklisted prominent conservatives, spell it out. >> i'm going to say that twitter lied to the american people into

congress when they said we did not shadow ban or block certain users in certain topics, they did they just called it visibility filtering and they did it to several conservatives, stanford doctor said covid lockdown are going to harm children twitter put them on a trend blacklist so his tweets cannot become more popular, dan bongino was locked with a search blacklist and charlie kirk you could not see his tweets amplified. who made these decisions, will show you the small secret group of twitter executives including the legal heads, and the ceos jack dorsey and the new ceo, elon musk says twitter will offer a solution to users who are shadow band and he writes this twitter is working on a software update that will show you your true account status so you know if you been shadow band. the reason why and how to ap appeal. >> is a huge story in my opinion. pete hegseth to cover it for us. i know you were band from

twitter. do you agree this blows the lid off the whole history of censorship by twitter. >> it exposes what was almost self-evident but completely denied, in front of congress, twitter under oath would say we don't shadow band, we don't take a political point of view on our users from barry weiss to limbs a tiktok to doctors at stanford, was one particular directed on the political persuasion and a lot of it had to do with covid covid misinformation they reveal the technicalities could be a public harm or harm someone to hear the tweet it's almost as speech is violence that's what they did to me i reposted the words of an islamic terrorist who wrote a manifesto to show the motives of why these people do what they do, i was accused of disseminating terrorist

information, this is after multiple attempts to find out why open band and shut down and they basically say unless you delete that tweet you're not allowed back on its extortion so guys like dan bongino and charlie kirk fight back every day gets a headwind of twitter even though there being muted they still have massive followings that is a threat to people who want total control, this there's a little off the twitter but it doesn't change the rest of social media, this is actually with some twitter files less significant. i'm hoping they tie back to the fbi's involvement. that's a real scandal the government putting its finger on the throttle of what twitter allows to be heard. >> stay there i have more in a moment. i want to get back to the moments. we have the latest on inflation the producer price index take us to the number. >> you look at prices at the wholesale level they rose 7.4% year-over-year in six-point to percent x food and energy where is inflation is most notable in

services higher wages for instance and end goods if you look at fresh and dried vegetables ppi there, at a 38%. >> okay, the market reacting badly at first down under to 15 hour down about 94. look who's here now. dan ives. welcome back we can deal with inflation all day long but i want you to talk to me about microsoft. the ftc has blocked their bid to buy activision blizzard. microsoft now says were not getting up coming back. how is this playing out. >> is a "game of thrones" microsoft and ftc, they're not going to take this sitting down this is significant terms, i expect them to ultimately go to court and we believe they can win it. >> is all about call of duty. >> it continues to be the core franchise. if you take a step back from microsoft this is the key acquisition for the strategy.

>> is a videogame. very popular, very powerful is that enough to upset a $69 billion deal. >> you talking about one of the biggest cult filings out there. from microsoft. they view this as a key asset but then ultimately going to back down but this is significant. stuart: got i think some people don't like big tech because it's huge. >> ethic that's part of the deal. >> i think the president setting what's happening here. stuart: stay right there, your glutton for punishment, you're here for the hour. pete is back with us another big story brittney griner back on american soil after be detained in russia for ten months, the white house made a deal to swap brittney griner with the merger of death, former marine paul whalen has been detained in russia for years, the white house says he was not part of the prisoner deal and peter

doocy quickly questioned the swap, rotate. >> in this prisoner swap why did russia get such a better deal. >> our choices was britney or no one at all, bring someone american or no american at all. >> we gave up her prolific arms dealer who was convicted of trying to kill americans who is called the merchant of death. >> the professional athlete is also an american citizen. so let's not forget that. >> good for him. stuart: to the white house, could the white house have gotten a better deal. >> it was a terrible deal. i'll start all of my comments that were gladden american is coming home, caveat, it's a real thing. but bottom line, the terrible deal the only sets the precedent for more terrible deals, do we believe the regime of vladimir putin is a bad one or not.

is it a terrorist regime look at what they're doing in ukraine. we negotiate with them we give them one international criminals hooves been trying to target and kill americans. he was supposed be imprisoned for 25 years and only did 12, we gave him back and we got back a weed smoking wnba player who kneels on the court. listen, i'm glad she's back. i'm glad she's back. she deserves the same rights any american should get, absolutely. but that's the ledger of what we got back. she did a good job promoting inside of media circles better than paul whelan and therefore paul whelan, a marine i would argue should come first because not only service to country but is been detained far longer than she has got nothing.

because this profile was not hard enough. good on britney gardner saying she's going to continue to fight for paul whelan as someone who knows what it's like to be in the situation. that's a good thing but it's a crap deal and will have more of this where countries dangle garbage in front of us so they can get their worst back. stuart: what does putin want for paul whelan. >> why can we hold out longer create more conditions to at least include him, i'm not saying getting brittney griner is bad but include him or find a way to do that. stuart: what a day in extraordinary new developments on top of it all. thank you very much indeed. let's get back to the futures market to show you how things are shaping up this morning we have a 7.4% rising producer prices over the past year the market reacting mildly negative down 100 points on the dow industrial and down 50 on the nasdaq we told you about the philadelphia gas station owner tired of crime he hired armed guards, big guns. today with got one of those guards on the show to tell us what it's really like in philadelphia.

lee zeldin says it's time for fresh blood in the gop and rnc chair harmeet dhillon agrees. rotate. >> the level of failure is not acceptable to any republican i hear from outside of the members of rnc in the new leadership. stuart: where is the new leadership, all asked go pack chair david what he thinks. david is next. ♪

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florida where the temperature is 60 degrees and sunny. that is my what we got coming up next. check futures. thank you very much, berdin 100 points of the opening bell on the dow industrials down 50 on the nasdaq following somewhat might call disappointed inflation news. >> is a bad week. big political news, arizona kyrsten sinema leaving the democrat party. >> she waited until after georgia and said i have changed my party affiliation to democrat independent. she will not caucus with republicans. what does this mean, the senate is back to 50/50 split and senator joe manchin is a powerful swing vote. it's not just sinema and manchin it's really on him. stuart: i guess it is with the new balance.

david abella is with us is morning. what are the implications of kyrsten sinema being an independent, what does it mean for manchin. >> it's more pressure on manchin but even more pressure on chuck schumer who now has to decide sinema is going to be a loyal vote. angus king is an independent but a loyal vote for democrats. every time schumer has made it about sinema has given it to him. now as we look towards 2024, the box schumer is an, if he doesn't support sinema, the democrats will nominate somebody and make it a three-person race. if he does support sinema then he is democrats in arizona angry with him. all of that to say a three-person race in arizona gives republicans a wonderful opportunity to pick up a senate seat. stuart: that will be in 2024.

>> an opportunity to pick up a seat. is any possibility manchin becomes an independent too? >> no. there have been many outreaches to manchin to become a republican and then to become an independent. joe manchin knows he would not get reelected in west virginia if he left the democratic party and tried to go as an independent. stuart: harmeet dhillon i spoke to her yesterday she is challenging ronna mcdaniel for the chair of the republican national committee. >> at take a lot of the ways that we get people elected or outdated been insisting on same-day voting in many states were other opportunities are available and as a result democrats are banking their votes for terrible candidates even though we have good turnout on election day we still lose the level of failure is not acceptable to any republican i hear from outside of the members of the rnc. we need new leadership. stuart: david avella does the republican party need new leadership and if so, who should

be. >>: the current chair has done a good job at the key role of the republican national committee which is to control the process for picking our nominee. if we want to have an autopsy as to what happened in the gop that spans all of us that we all have to be thinking about what were doing to get republicans elected it's more than just what's happening in the republican national committee and how they're putting their dollars to work when you look at areas where there has been successful conventions but to taking on the establishment when it comes to how debates are run and putting an orderly process in place for our nominee, the national committee has consistently done that well. as far as electing candidates, all of us need to look at what were doing and we all need to be thinking about how we need to do a better job of making sure voters know what were for our

biggest challenge the cycle and making sure people know what were for. stuart: kevin mccarthy, he has a very tough job ahead there are fractures within the party, the problem of trump looms. he only has a very small majority in the house over the democrats, that situation is very hard for him to push stuff through and become a strong leader. >> yhe will be the next speaker. those who have held out on voting for him because of certain rules that he may or may not put in place, you have to explain how do they reconcile their not liking the rules with the chief rule of any majority which is majority rules. and house republicans overwhelmingly picked kevin mccarthy to be our nominee for speaker. and for all of the policy goals

whether taken on the 87000 new irs agents, whether it be bringing more border security and opening up energy policy. that only happens with kevin mccarthy as a speaker and moving collectively toward the policy goals. >> investigate twitter while you're at it please. david avella, good stuff, thank you very much. >> futures pointing south this morning. down about a hundred for the dow industrials. it is 921. will take you to the opening bell on wall street next. ♪

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>> we still have red ink before the opening bell the dow is down about 11 points. kenny and market watcher this morning. producer price is 7.4% up in the past year. what is your opinion on that? >> i'm not necessarily surprised, welcome back it's nice to see you, i'm glad you're home but not necessarily surprised at the number today. i thought the expectation it was going to be a 7% number is good

with very aggressive from 8 - 7 or eight to seven-point to. i thought that was very aggressive i'm not necessarily surprised i think it's in the narrative that jay powell has been telling us that he is concerned as not going to respond as quickly and therefore the narrative should and must remain hawkish i don't think you should change at all next week he should not give any sense that he is turning dovish at all he needs to stay the course. therefore i'm not surprised that i'm not surprised of the market's reaction. i got us excited about the great number that were going to have and everything's great, inflation is going down and don't worry in today's number tells you that is not the truth. stuart: it's down a little with the trend in the last 11 months has been down consistently. but you're surprised it went up 11% at one point of march this year now at 7.4. you could say that were past peak inflation, can you >>: a pass peak inflation that we had nine rate hikes and we've gone

from 11% down to 7.4%. it is going in the right direction. but we're still five percentage points away from the target so we got more work to do. all i'm saying i think the market got all excited and it's good to be a better number so i think jay powell is correct they have to stay the course and i'm not calling for the market to meltdown and goldman and morgan think we have 20%, i don't think that's a case at all but i do think the market is going to turn a little bit lower and it's gotta get another couple of months of eco-data report and especially the inflation report before going to see the light at the end of the tunnel. stuart: are you keeping your client out of the stock market at the moment? >> absolutely not. no way unless there is a client that says i'm too scared i want out but if a client is not saying that, part of the role of the financial advisor is to act almost as a therapist trying to

get them through and walk them through and there is also opportunity out there, you and i discussed this. i would not be saying anyone should be out of the market right now. stuart: so you're a therapist, i don't want to put you on the spot or anything. >> it is true, when people get anxious they make an emotional decision and the first thing they want to do is get out, get out. that is typically the wrong decision. you need to redirect the portfolio to reflect where we are which is why you and i have been talking about the stuff that people need, they're actually flat but when you add in the dividends you're up, energy up 64%, healthcare is flawed on the year consumer staples have done very well. those are the places that investors need to be whether your 60 or 40 and if you're

nervous about the market go to the defense of various that a be big multinational big dividend payers that are going to give you shelter in the storm. stuart: our new therapist on the team. excellent stuff. we will see you again soon. dan ives next to me. the money manager or an advisor, you're an analyst so you're not a therapist. >> i'm not a therapist but i did state. stuart: have you ever been called upon to be a therapist. >> i never have. stuart: not even with me? >> i think kenny hits on a point is a nerve-racking time in the market especially with tech stock. handholding is leading for institutional messaging as well. stuart: it's not like the good old days in the market went straight up. it's not like that anymore is it. you gotta be a therapist. 930 eastern time, friday morning and the market has just open. how did we open, down but not that bad were up about 75, 76. a portion of 1% very early

going. i see some green, boeing, caterpillar, j&j, verizon, all on the upside, the s&p 500 also down about one quarter of 1% and the nasdaq is down one third of 1%. here we go big tech where they at all down not much but all down. amazon is down one half percent. microsoft and a half 8%. meta down a quarter of percent. charlie baker soft again. another down the back to 246. we talked about the attempt to buy activision blizzard the trying to block the acquisition. susan, on into this. they are not giving up. microsoft says are still pursuing. >> if you read the e-mails all start with activision ceo said he is so confident that his deal will close. i got an e-mail from brad smith a statement from microsoft president and he says they still feel confident in the have activision, you and dan have

talked about this 20-dollar below the offer price if you read the other analyst notes besides -- j.p. morgan believes the uk cma is a bigger impediment than the ftc because in the uk you cannot appeal any rulings there. the clock is ticking to close this deal. springtime they have to close or they get a break fee. there might be some limited downside for activision in this deal according to the market. stuart: let's move on to tesla, we cover every single day, there always in the news and today there up at 174. >> more bad headlines coming from china, more problems with suspension of model why production between christmas and new year's according to an internal memo obtained by reuters this morning. a 30% reduction in monthly output in december from november for model wise, that is sequential decline didn't production.

hires are being delayed, tesla cutting prices by 5% for the inventory models and offering insurance subsidies. that the demand problem here which i'm sure you'll talk about you heard elon musk over and over again say he has demand for every card that rolls off the production line including the 1 million in shanghai each and every year. stuart: can you give me 30 seconds where you think tesla is going. >> after a cinderella story susan is talking were hitting headwinds in china. we do believe he is able to navigate through this in terms of demand for 2023 but no doubt there is a moment of truth for elon musk and tesla to navigate what is really significant headwinds in the twitter overhang, that is the black cloud over the tesla story. >> what about the fact that he has no time to oversee companies like tesla and spacex and all of it is devoted to twitter. >> that is perception reality and that's a massive frust frustration. stuart: he bit off more than he could chew. >> tesla is half the value that

it was before the twitter deal closed, that the problem. stuart: bath and body works on the upside, big time i think, not that bad, 2% and. >> and that markets not bad, it dan lowe increasing his stake to 6%. he's an activist professor, hoping to improve governance issues including bringing in a new board and in he's complaining about executive compensation say their significant concerns about financial discipline and allocation of capital and. i would argue about the body works is down 40% for this year. remember spun out from victoria's secret parent l brand and i guess it is struggling in a slowing economy. also dan loeb is a busy activist because he's trying to push disney spinoff espn as well. stuart: tell me about netflix. i watched thierry and meghan special last night. >> really i was going to ask you

but i did not know you were at harry and meghan kind of fan. stuart: juvenile whining that's what i call it. >> netflix getting to upgrades. i guess we have the content driving people like you to watch it so wells fargo raising to $400 colina overweight. cowan going to the highest on the streets colina 405 for netflix. it's done half, 50%, but it's up 60% the past six months including a huge summer rec recovery. it means more subs, wells predicting 23 million new sign-ups because of the lower price at tears by the end of 2025. stuart: of 70 has a price tag on the afore hundred bucks. >> we started this year as $700. so 405 is halfway back up there. stuart: i would take it. docusign is also up, 8%.

>> we've been talking about all the pandemic winners that a been losing their meidastouch think of zoom in peloton et cetera but upbeat early results from the electronic signature companies so docusign reported better billings that track sales to new customers. i was looking at the new clc of a billion users around the world a million paying subscribers and reoccurring revenue, that means monthly payers with subscription renewals and additional sales to existing customers as well. stuart: dan, you follow doc docusign. >> that was her favorite name during the pandemic downgrading coming out of it. you're starting to see a rebound more wood to chop. this is significant not just for docusign but showing demand holding up in the enterprise. stuart: that spectacular i know you brought a longer stock pi picks. i know you like microsoft is at 245 this morning, where is it going.

>> it is the name are of cloud and ultimately this continues to be in tech. stuart: i should tell our viewers there is a big screen in the corner of the studio where we are watching brazil take the field to play croatia in a nema is one of the people that took the field that's where you got that reference from. >> if you looking cloud there is no better name in terms of microsoft like a name on soccer. >> apple where is it going. >> because the china disruption 7 million iphones will be lost over the holiday. >> it could be high as the 10 million given the shortages. 141 where is it going, they are navigating massive supply issues because of the china lockton but demand 3 - 1 the demand pieces.

>> it doesn't cancel the purchase. >> purchases delayed. stuart: a panel discussion to give her much. >> is called friday feedback, send a question or comments we will take your hate mail and make sure did tonight at 11:50 a.m. you might see your e-mail on the air. contact us at varney viewers@fox.com. gas prices lower now than a year ago were currently at 331. will the national average drop below $3 a gallon. gas buddy patrick de haan i'll ask him next. ♪

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stuart: in business for 12 minutes we are down but not much 65 points lower for the dow, 35 points lower for the nasdaq. the administration is touting its report card when it comes to fighting inflation. the price index number this morning, that disappointed wall street. come on in edward lorenz in d.c., what is the white house saying about the producer price report. >> at the moment were not getting anything yet from the white house. we expect any minute trying to figure out what to say about this the producer price index fell a little bit that is the price that companies pay for the stuff that you need to make the stuff they sell to all of us. that number came in a 7.4% and for the first time it slightly below cpi inflation that we all see at the store but hotter than expected. the hot number means there's pressure for companies to pass on higher cost and we may be seen inflation move sideways instead of down as the federal reserve chairman was saying.

more market movers are telling fox business that inflation in the keer for inflation, interest rates will mean a recession next year and an exclusive interview that i did before the federal reserve went into media blackout. when new york federal reserve john williams told me inflation remains the number one economic issue. >> honestly i think this is going to take a couple of years. my hope will be at 2% inflation goal by 2025 but importantly i expect to see a pretty significant decline and inflation next year as supply chain issues improve and receive a slowing economy and the economy getting better and balance. >> that the couple years of economic pain for americans as a federal reserve chairman has described it. were expecting a half 8% on the rate hike next week but the numbers indicate more smaller rate hikes for longer into next year are needed to get the interest rates above where inflation is. many economists say that it's the government spending that is

pushing against the federal reserve and trying to get inflation back down as quickly as they would like. stuart: thank you very much. gas prices are now down to the national average $3.31 for regular. that is lower than it was this time last year. asked buddy patrick de haan joins us now. will we see the national average for the regular drop below $3 a gallon. >> this is where there is deflation happening. it certainly looks like a good possibility here probably as early as december 23. the trajectory is looking pretty good. stuart: today is december the ninth and you're talking by december the 23rd gas might come down a another 30 cents to be below $3. >> rather incredible after a tumultuous year i think that's going to happen maybe the best news is not so much gasoline but diesel prices are plummeting as well they fell below the

5-dollar-gallon mark that's were receiving year on year inflation but diesel prices in oklahoma are just about to fall under $4 a gallon that the biggest economic driver is the price of diesel and were get to see a lot of relief there with diesel prices coming down 50 cents to a dollar a gallon the next few weeks as long as there are no exceptions or dramatic turnarounds in the market. stuart: is this because the supply and demand, has there been an increase in the supply of oil and a demand coming down for? is that what's going on? >> that's it refineries have called responded for the call to raise production, last week it was 95.5%, rather high for this time of year we saw a massive build of gasoline inventory as well as this licks, every american has probably heard how the diesel supply was not were back in more comfortable territory of 31 days of

supplies. in good looking better refineries have raise production enough lowering the gas and diesel price ahead of the holiday. stuart: a 2-dollar handle on your gasoline by december 23 says gas buddy patrick de haan astonishing. thank you for that prediction. thank you for joining us we appreciate that. indiana is, if we get onto those levels, take gas if you have a national handle of $2 a gallon, that would be good for the stock market would net. >> that is why streets reading to the ppis you look at what's happening with gas. that's a huge tailwind in terms of the fed taken the foot off the accelerator. stuart: you might see the market turn positive wouldn't surprise me at all. early this morning before we got the producer numbers futures were up 200 points. we got the inflation numbers and it goes down over 200 points. now it's coming back. i think it's rereading of the inflation numbers going on here. >> in 13 minutes we get the university of michigan numbers

about 600 people but this is the report the federal reserve has been watching. how do we feel about prices going down to we believe it can stay down. >> the michigan number is key especially the drum roll into cpi as well. stuart: that is next week. >> in the fed on wednesday. stuart: we have news of significant oil spill. they close the keystone pipeline. it's been shut down and oil spill in kansas, real bad one. >> more than 14000 barrels spilled into a creek. we don't have exactly the leak happened or how long the pipeline will be closed but there been issues in the past with this line and the closures have been about two weeks. what this line did was take sour heavy crude from canada and bring it to the refineries in the midwest and also along the gulf coast. when you look at the price of oil today at step 1.5% now. it was flat earlier. it's actually down 10% this week because of recession fears, i

don't see the story playing out the way you think it would play out in the commodity market. stuart: i'll tell you how it's going to play out the green shall be absolutely horrified by the spilling of 13000 and will never let you forget it. >> i'm surprised we haven't seen more backlash this far because we've known it for a few days. stuart: i think there's other items that have dominated. thank you lauren. the surgeon cases of flu, covid, rsp putting more strain on the hospitals and some of the hospitals are dealing with staff shortages. lydia hu and the bronx that is overflowing with patients. as it turns out christmas trees from inflation. jeff flock at a christmas tree farm to tell us how much more you could pay for your tree this year. ♪ you're a mean one ♪ ♪ mr. grinch ♪ ♪ euros cuddly as a cactus ♪

♪ charming as an el ♪ ♪ mr. grinch ♪ ♪ ♪ >> research shows people remember commercials with nostalgia to wow! remember that

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if you have at least 10,000 dollars to invest, call and talk with one of our bond specialists at 1-800-217-3217. we'll send you our exclusive bond guide, free. with details about how bonds can be an important part of your portfolio. hennion & walsh has specialized in fixed income and growth solutions for 30 years, and offers high-quality municipal bonds from across the country. they provide the potential for regular income... are federally tax-free... and have historically low risk. call today to request your free bond guide. 1-800-217-3217. that's 1-800-217-3217. stuart: cases of the flu, covid, rsp are surging is putting more strain on the hospital and some are dealing with staff shortages

two. lydia hu in the bronx. how bad is it there. >> it's pretty bad we talk to an emergency room nurse he said patients are waiting hours to be seen by medical professionals and when they are admitted sometimes of patients are placed in hallways for treatment because they don't have enough rooms available. nurses are being asked to treat ten patients at a time sometimes as many as 20. watch this. >> our er is safe to take care of 50 patients and with all of this going on in the country it's not even possible to take care of them. but at any time in the er we have 120. >> 200 patients. across the country surges of patients are straining hospital resources. currently 80% of all hospital beds in the country are in use.

that is up 8% in just the past two weeks. while patient populations are growing the countries hospital staff size particularly in nurses has dwindled according to health affairs, the industry has lost 100,000 nurses between 2020 and 2021. that's the largest year-over-year drop in for decades and that's affecting patient care. a recent survey of 1000 nurses shows nine out of ten say they believe the quality of patient care suffers due to nursing shortages. the greater new york hospital association made a comment for this story on behalf of the medical center. they said the hospital is committed to retaining and recruiting nurses but the problem is not just nurses it is doctors two. the american medical association estimates one and five doctors will leave the field within the next two years. some is saying this is a problem that's not going to get better anytime soon. back to you.

stuart: let's get back to the market, the dow is about 90 points cutting his losses from earlier this morning. dni is still with us. i want to talk about palo alto networks. you always like in the thing is gone straight up. it's at 159 right now, cybersecurity company, where is the stock going. >> cybersecurity, i think this is a stock that's going to be over 200 because my view this is an area that continues to be robust it's a double table pounder and it's been a choppy tech market. stuart: thank you very much, thank you for being with us. >> a good hour i would say. thank you. still ahead tammy bruce, kt mcfarland, congressman dan crenshaw in elon musk rolling out a revolution of twitter, that is no surprised the left does not like it. that is my take. the 10:00 o'clock hour of "varney & company" moments away.

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