i've been recommending home depot and lowe's as top picks. ocks have performed really well i look across retail, i don't think there's any company out there that can dismiss the threat of amazon now, home improvement in my mind is well protected from that threat, in that the category just doesn't lend as well to online sales, but i think what we're hearing now, particularly from home depot, is they are looking at a company like amazon and saying there's some things amazon does really well. we can do that, too. now home depot is becoming more digital in its strategy. the point i make, you can't dismiss amazon, but i think amazon is helping to make a lot of these strong traditional retailers even better companies. >> brent, as someone who covers amazon, i put the same question to you should home depot, lowe's, be concerned? >> i think they should be a little less concerned. we think amazon will do better well in low income commodity, specialty high end consumers consumers will want to go to stores before they bring it into their home, so i think

amazon to encroach on home depot right now.still un-amazon-able. you look at these numbers that they're putting up, fedex is credib incredible, that momentum continues. >> you're not going to get the gift that i sent you, it was too expensive to ship that you fruitcake, i'm sorry you'll get it in february. valentine's day. >>> let's shift gears. our traders don't want a lot for christmas but there's one thing they do need stocks they've got four stocks they hope -- [ laughter ] -- will they play the mariah carey here we kick it off stockings we want to gift. >> we've been talking about tax. tax was a very controversial issue for both sides on capitol hill what's not really a very controversial issue is the infrastructure plan. so the president spoke about that during his press conference when he was talking about his tax bill vulcan materials vmc. it's up basically fractional for the year, but up a point and a half today >> ripple, this is a crypto play, a great turnaround today a lot of companies need to get into this financia

>> no, not home depot. talking about the other loser retailers that you like. >> that's mean-spirited, there are good people that work at them >>> one trader is betting that best buy's run is done what did you see >> very near term. this is something i know that pete looks at this stuff once in a while, when you see short dated options purchased. best buy has massively outperformed the retail space, it's up 15% in just the last couple of weeks. it was the largest trade of the day, a buy of december 60 puts, a trader paid 56 cents to open those things break even at 59.44, down 5% from the trading price. you have a one-year chart here, the thing has been pretty range-bound, it had that recent rally. this trader is obviously looking for a short term pullback over the next six or seven trading days, could be protection. to me, range bound stock the stock had a big gap after earnings there are no identifying events between here and then other than the fed. near term protection, possibly >> all right for more "op

contactamos a home depot y pedimos que revisaran su caso.s. 00:07:26 "gracias a telemundo responde aqui tengo mi cheque y estoy muy agradecida." nos complace haber ayudado a la seÑora guzmn. y a ustedes en casa, si tienen una denuncia se pueden comunicar con nosotros al 844 408 4848. t48 responde. ---preste mucha atencin porque las tiendas ''macys'' contratarn unas 7 mil personas en ---preste mucha atencin porque las tiendas ''macys'' contratarn unas 7 mil personas en esta temporada...esto representa el 4 por ciento menos que el año pasado. ---pero el trfico de ventas en esta tienda ha aumentado para estas fiestas navideñas por esta razn estn contratando a ms empleados. ---tambin la tienda requiere llenar las plazas para los servicios que presta a travs de la internet. --en instantes...nos conectaremos con mosc donde esta maÑana tuvo lugar el sorteo de la copa mundial fifa 2018 que usted podr ver aqu por telemundo 48. ---esta maÑana, en mosc, rusia, se celebr el sorteo de grupos para la copa mundial de la fifa 2018 que usted sfx: respiraciÓn

. >> i would go to home depot, lowe's, walmart, stuff like that, take stuff, leave, go to another homeepot, take it back and get a gift card. >> reporter: sometimes drug dealers directly accept the cards as payment. >> your dealer will only want to do like 25, and nine times out of ten they won't give you cash, they'll just give you product. >> just what we all need. >> right. ultimately what our goal is anyways. >> right. >> reporter: but more often, the cards get sold to third parties. corn stories, pawn shops and specialty retailers make it easy to get cash. >> there's a ton of people who are going to want $50 worth of victoria's secret stuff for $25. >> reporter: joshua lopez is in recovery and now works at a treatment center in tampa. he and his co-workers say the gift card for cash scheme is common knowledge among users. >> as an addict doing this, you start -- like you learn this stuff. like, i don't rem exactly how i learned it. i just learned it. >> reporter: the national retail federation found 57% of companies reported fraudulent gift cards or store credit in at least one lo

of the home depot from two thousand to two thousand and seven prior to that he rose to become one of the top executives that. is very active in one of the most successful businessmen thanks for coming here it's great to be here thank you ok robert what state what as we end the year what state is our economy in so larry i think we made tremendous progress this year i am very fortunate to have the opportunity to talk with and meet with a lot of my colleagues current c.e.o.'s prior c.e.o.'s like myself and i think there is such a positive and optimistic view of the economy one of the recent surveys. has it's the second highest optimism that we've seen in the last thirty years on a score of you know zero to ten it's about seven point five so the optimism is very high why you mentioned it in your opening comments we've seen regulation roll back which has been very helpful not only to large corporations but i spent a lot of time recently with small corporations family offices and they see that it's a very very positive for every new regulation you have to roll back two or three i see you m

so-- you know, i love the guys at home depot. went down to have dinner with bernie marcus and arthur blank and ken langone. and i said to them, "i have to confess to you guys. until you called me up, i had never been in a home depot." david: right. [audience laughing] only reason i went is because the guy who worked for me said: "jamie, you've gotta go to one before you go to that dinner." and-- and they didn't care. they said, "we want you, the person. we're not interested in what you know. we're looking for the heart, the mind, the spirit. we're not interested in what you know about merchants and stuff." couple of internet companies. a lot of them is on the money. "you'll make a billion dollars" type of thing, and-- so at bank one, i figured this is my chance, you know. how many major financial companies are there? thirty? how many have changed their ceo in their three- or five-year period? four, five? how many of those are gonna go outside? one? and it's probably gonna be a troubled one. so i said this is my commercial credit.

home depot, right after the senate passed the tax bill a couple of weeks ago, home depot ceo is -- executive is interviewed and said, so, what are you going to do with all of this money that home depot has? because they're going to do really well on this. was it, we're going to raise wages for our employees? um, no. was it, we're going to hire more employees at the home depot stores? um, no. was it, we're going to build more home depots across america? um, no. they said what we're going to do is we're going to do stock buybacks. in other words, we're going to use whatever money comes in to pump up the price of our stock. that works really well for ceos, that works really well for wealthy investors. that's what the game is about for these guys, what they care about is getting this money in so they can boost their stocks. so since they're paying for that aries, that's the part that really hurts. >> what's your reaction as you sit there, was strenuous in opposing it, like the unanimously, it was opposed in your caucus, and watching the sort of celebration and the awards being offered to donald

one managed to walk to a nearby home depot where an ambulance picked him up, one suspect has been detained. officers recovered three guns in all, it is not clear what led up to the shooting but police say it appears none of the shoppers were rofd. >>> if you are just joining us, welcome. let's get a quick update on your weather and traffic.

coming up in just a few moments, former home depot and chrysler ceo, my special because this we can. some of the big headlines infecting every thing from wall street to main street. tax form once again dominating wall street conversations with the house and senate both voting to take their respective plans to conference. a process that will attempt to combine the two bills and hammer out their differences. some of the few key differences lawmakers are dealing with right now. the senate's version has seven tax brackets compared to the houses four brackets. the house individual tax cuts are permanent while the senate's version sees him ending in eight years. if the tax cut starts in '19, not 18. if in the hospital repeals the alternative minute minimal tax, the senate version repeals the individual mandate. no limit that deduction. investors also digesting the november jobs report out on friday. the economy added 228,000 jobs in the month of november. the unemployment rate held steady at 4.1%. all in all it was a better than respected report. the markets with an up-and-down week, the d

. >> i would go to home depot, lowe's, stuff like that and take stuff, leave, go to another home depot, take it back, get a gift card. >> reporter: sometimes drug dealers directly accept the cards as payment. >> you're dealer will do like 25, and they're not going to give you cash, they'll just give you product. >> reporter: more often, the cards get sold to third parties. corner stores, pawn shops and specialty retailers make it easy to get cash. the nationall federation found 57% of companies reported fraudulent gift cards or store credit in at least one location. that's down from two-thirds in . >> it's our experience that they're going to commit these crimes when they're desperate and needing their next fix. >> reporter: we ride along with lieutenant david ballard on a shelby county sheriff's tax force in the memphis area. the cdc ranks tennessee the third highest in per capita opioid prescriptions. gift card abuse has skyrocketed in the state. nationally every law enforcement agency we reached out to and every drug addict we talked to confirms the connection between opioids and .

. >>> home depot is reportedly i'm going to xpo as a takeover target. that's where we begin tonight's market focus. home depot has been in talks with xpo in recent months regarding a potential merger. the report says if home depot does make an offer, it will be because it wants to keep that transportati and delivery company out of the hands of amazon. shar of xpo jumped 14% to $90.01. >>> swiss drug maker roche is buying the cancer treatment maker ignita for $2 billion, giving roche control over gene therapy treatment that are in early indemnity. ignita's shares toward to $26.85. >>> amazon is expanding its lineup of in-home devices with its latest deal to buy security camera and smart doorbell maker blink. amazon bought the startup for an undisclosed amount. the deal appears to be complementary to amazon's existing service for its prime members, which lets delivery personnel walk right into the home to drop off packages. amazon's shares were off a fraction to $1,168.36. >>> and unitedhealth group says it has signed a definitive agreement to buy chilean

kind of hodd though home depot distributes their own stuff.or a lot of companies, wonder why home depot would be interested? maybe morgan knows >>> tax bill passed without a single vote from a democrat in the house or senate. president trump saying he wants to work with democrats, however. is that just wishing for christmas miracle? we'll debate >>> plus, wine in a can. are you in or are you out? >> out. >> in. >> you haven't even the pitch yet, melissa ♪ (news anchor) downtown traffic is still bad. expect massive delays. (news anchor 2) all lanes on highw with some of the worst traffic, with the average driver sitting in gridlock the equivalent of three days a year. for every hour that you're idling in your car, you're sending about half a gallon of gasoline up in the air. that amounts, over the course of the week, to about 10 pounds of carbon dioxide. growth is good, but when it starts impacting our quality of air and quality of life, that's a problem. so forward-thinking cities like sacramento are investing in streets that are smarter and g

. >> i would go to home depot, lowe's, walmart, stuff like that, take stuff, leave and go to another home depot, take it back and get a gift card. >> reporter: sometimes drug dealers directly accept the cards as payment >> if there's 50 on the gift card, your dealer will want to do $25 and they'll give you product. >> reporter: but more often, the cards get sold to third parties, corner stores, pawnshops and specialty retailers making it easy to get cash the national retail federation found 57% of companies reported fraudulent gift cards or store credit in at least one location. that's down from two-thirds in previous years >> it's been our experience that they will commit these crimes when they are desperate and need their next fix. >> reporter: we ride along with lieutenant david ballard who's on a task force devoted to retail theft in the memphis area deputies arrive at a jcpenney to arrest an employee for embezzlement involving gift cards. suddenly, they spot a theft in progress at the store and give chase through the mall parking lot. the suspect's cornered and arrested for shop

home depot is recently cracked down with a change in return policy. the company tells us it only accepts store credits for its in-store purchases, and we require proof of i.d. when store credits redeemed at checkout because of the increase in return fraud. in the end, making it more difficult for addicts to turn cards into cash may be only a temporary obstacle to the next fix. >> when you're suffering from addiction, any length means any length. >> and the national retail federation estimate stores lose as much has $15 bill crop a yore in return fraud, but it can be very frustrating for law enforcement who are there to assist the stores they say that they want to see the retailers putting a lot more investment into loss prevention, into tracking the gift card abuse. the retail return far it looks like it's not a coordinated effort so far. >> is it happening in places in the country where the opioid epidemic at its worst or just across the board? >> happening everywhere. i reached tout law enforcement agencies nation woide and every single agency i spo

right now but the reason, according to recode, is they want to keep xp out of the hands of amazon home depot may buy xpo over the weekend. >> could be a very interesting story. >> merry christmas, everybody. >> have a safe holiday, everyone, enjoy. thanks for watching "power lunch. >> "closing bell" starts right now. >>> hello, everybody and welcome to the "closing bell c bell", i'm kelly evans to close out the week at the new york stock exchange. >> we've been standing here waiting for the show to start. i'm bill griffeth. the tax bill has been signed into law just before christmas as they said it would be many more companies have been announcing end of year bonuses as a result, including bank of america, pnc and bbnt. why are we listening to "jeopardy" song? >> i was going to ask, are you hearing this, too? i was concerned it's just me >> i understand why they are now. >> bb&tceo will join us exclusively to talk about what's behind the decision for the company. i get it, oo, very funny, everybody. >> show starts at 3:00. >> i was here at 2:59:59 and we're also looking forward to talk to ke

what will home depot do with the huge pile of cash? they could buy another company, that hasn't been home depot's way. it has been putting up stores. maybe it can offer a great dividend, it might do that but most important, though, it can buy back stock and shrink the denominator in its earnings per share calculus remember, no one will ask how did they have that gigantic earnings they'll see a substantially better-than-expected number, that's why the stock has been going up it helps that home depot is soi doing better than expected any way same goes with costco which has reported better-than-expected number which means they'd be going up without this boost but now it's turbo charged. let's consider the double whammy to the down side last week morgan stanley suggested that western digital, the disk drive and flash maker, could miss its estimate. they get 68% of their business from overseas so not only does this company not see such a big jump from the resurging u.s. consumer, it doesn't benefit from the u.s. tax rate just as retailers a

how they're taking market share and absolutely going to reinvest business if they get the cash, home depot has a 36% tax rate it's almost entirely domestic. that rate should come down closer to 20%, and that would be fabulous this is why you had this gigantic rotation of the international oriented companies and a domestic like home depot i'm thrilled about this. but if this falls apart, i think you'll see a whole sale shift back to the internationals and you'll regret paying these prices for the fabulous stock for what is the fabulous company of home depot. we're going to have a real deep sell-off as much it looks like the sure thing, the process has been so slapdash, that i feel uncomfortable just assuming it'll go through at the same time a government shutdown is possible in the near future i'm worried. my second worry, i'm concerned there's no way north korea can be deterred from its missile program, and the president of the united states seems like he won't take no for an answer. but nobody wants kim jong-un to have nuclear icbms but there's no way to take the nukes away from him witho

carrera ilícita en el estacionamiento del supermercado, donde tambiÉn estÁn otras tiendas como home depotdad. >> estaba planeando una carrera ilÍcita en la tienda de home depot de esta ciudad y ya tomamos agentes. flavio: el pasado 16 de diciembre en uniÓn city se reportÓ una carrera ilÍcita donde participaron mÁs de 100 vehÍculos. en esa ocasiÓn mÁs de 100 personas resultaron arrestadas. >> se oyeron las sirenas de los policÍas y por lo que yo podía ver, se miraba que las luces estaban de este lado y ahÍ yo mirÉ que las luces no se movieron, que los policÍas habÍan bajado de sus carros. sÓlo se veÍa que ellos estaban hablando con los muchachos. flavio: esa noche la policÍa dice haber hecho todo lo posible para prevenir que los delincuentes huyeron del lugar. >> nos bloquearon. flavio: las autoridades indicaron que lograron frustrar el plan esta noche gracias a la ayuda de los comerciantes locales. las autoridades catalogan este tipo de actividad ilÍcita como algo extremadamente peligroso, ya que muchas personas resultaron lesionadas y algunos conductores manejan bajo la influencia de alc

watch it and make sure you're allocated that. >> home depot hit hag new all-time high today. ara, you're in the name, and i assume you're also sticking with it. >> i am. two things to know about heam depot even though it's had a massive run over 30% two things, one it's the right time in the economic cycle and you look what's happening with home building and confidence and also the millenials are finally buying homes after all this time two, a best in class retailer that management is superb and doing all the right things in merchandising and operations. >> despite what you hear, surveys show millenials actually want to move into a home with kids at some point. >> starting to happen. >> paypal under pressure and the stock is up 85% already this year kari, you own it are you trimming your earnings on paypal? >> paypal, as you said, has been an unbelievable stock this year. up 85% we still think it can outperform would i be against people taking a little profits no this is a company that's become the preferred payment platform for millenials they love to use venmo and agnostic a

around home depot. >> absolutely, man.not so fast, man. dude, you're going real fast. you're going to lose a lot of fuel. we call it klansman's cologne. most of the robes i have have kerosene on them. except for this one. >> you want to keep this one nice. >> yeah, i do, man. it's satin. >> what's a good price on a klan robe in. >> $125. >> $125. >> yes, sir. >> klansmen, you're going to be in this ceremony, let's go. >> it was almost time for the cross lighting. >> gentlemen, let's get this cross up in the air. >> i know what you're thinking. is it rude of me not to help? our recent online sales success seems a little... strange?nk na. ever since we switched to fedex ground business has been great. they're affordable and fast... maybe "too affordable and fast." what if... "people" aren't buying these books online, but "they" are buying them to protect their secrets?!?! hi bill. if that is your real name. it's william actually. hmph! affordable, fast fedex ground. what's going on? oh hey! ♪ that's it? yeah. ♪ everybody two

so yes, you can go to home depot and get the materials. >> we've talked to you so many times in instances of terror attacks. i do brief thelieve their i bel time we've talked about a suicide bomber on u.s. territory. how alarming is this? >> this is very alarming. we have talked about the possibility of a suicide bomber acting in the u.s. and if this individual was thinking about doing that, it really changes things. think about all the different places where there are crowds, and crowds are the target. you go to the during the holidays, this is going to be extremely dangerous for our society in the u.s. so we have to start thinking about different ways to deal with this type of attack of a suicide bomber. >> definitely. steve gomez joining us on this early morning hour. changing and trouble beiing tim this country. >>> we move on to it is election day in alabama. >> bannon cast today's election as a referendum on president trump's agenda. moore questioned the timing of the sexual misconduct allegations made against him but added if people don't believe in his character they shouldn't voi

. >> i would go to home depot, lowe's, walmart, take stuff, leave, go to another home depot, take itd get a gift card >> reporter: but more often the cards get sold to third parties, corner stores, pawnshops and special the i retailers make it easy to get cash and online exchanges like rays and card pool buy and sell thousands of dollars banknorth of cards at a time. >> as an addict, you learn this stuff. i don't remember how i learned it, i just learned it. >> every addict i spoke with coast to coast told me they know about the gift cards for cash scheme and every agency i called told me they have seen an increase in shoplifting, return fraud and gift card abuse they believe is tied to the opioid epidemic the national retail federation estimates stores lose as much as 15 billion a year in return fraud and retailers have begun changing their policies. for instance, we're looking at home depot home depot says it will only issue non-transferable merchandise cards. they're going to tie them to the person who returns the item and then when that person goes to redeem it they will be asked

no, but i like to somebody like a home depot. >> costco. >> which could also benefit. >> and that's a name that's gone from 165 to 185 in a very short period of time when you look at what they do. e-commerce, you look for growth. and when you look at the valuations, they feel stretched, but they're in the right spots. >> you have to look at where people are spending their money. macy's was down for a reason there's a structural change going on you want to go to a proven winner like home depot. >> how about, does a lower tax rate give them an extra lifeline to survive >> here's the thing, though. rates will be going higher, we know that, in 2018 so these department stores have a lot of debt, so it's going to be more expensive to service the debt s we also know the tax raid is -- that's why callen was using a 124% number without going crazy. >> there's one industry group that's been on fire this year. next guest, carter worth, says it's time to take proved now, which groups, carter >> wherever there's -- like semis and fang come up, but home builders are the best-performing subindustry

. >>> other headlines, three men arrested in connection with a home depot heist. take a look at all this loot. nearly $3,000 worth of power tools stolen from home depots in vacaville and vallejo. they stole the merchandise and two men were in a getaway car. all three were arrested on charges including burglary and violating probation. >>> and a setback for the muni service. a train car was taken out of service after a passenger's thumbnail got caught in a door. it happened yesterday. m,uni says -- muni says the pressure of the closing doors was an issue during the testing phase but it was corrected before debuting the train two weeks ago. >>> american airlines now says it's good to go for the holidays. they reached a deal with the pilot's union to cover its entire schedule over the december holidays. a report earlier this week said a scheduling glitch left thousands of flights without cockpit crews. american says it's now resolved. in short, the airline says if santa is flying so is american. >>> and in santa clara county some people with outstanding warrants gett

. >>> home depot is launching a $15 billion share buyback program. the nation's largest home improvement chain laid out its financial goals, saying it expects total sales in fiscal 2020 to reach $15 billion. home depot's shares finished the day down 1% to $180.80. >>> package delivery delays already? that's what ups says is happening. and it is working to fix the problet back on schedule. morgan brennan reports. >> reporter: the good news. online holiday shopping is shaping up to be strong. the bad news? that's already causing some delivery headaches. ups experiencing some service snags as a surge of packages floods its network. those, quote, unprecedented shipping volumes causing the company to add up to two days of time in transit on some deliveries. to counter, it has shifted more employees and resources to the biggie biggest markets and expects the issue to be resolved tomorrow. it speaks to the high stakes of the month-long peak shipping season. shippers handle staggering volumes under tight deadlines. >> the issue with peak volumes is you don't

. >> security officer wayne russ sell well aware how popular the home depot parking lot is.here are still marks. but now police say a side show appear street racing like these recent ones in the east bay is being planned through social media for friday at the home depot and adjoining food max lots. police issued about 100 citations at a side show on the food max lot saturday. russell is grad glad to hear police and property owners plan to prevent what he calls a dangerous event. >> you have people standing on the side, as the car gets out of control, they can be hit might kill them? home depot says it wants to keep the lots open for customers and associates and avoid excess traffic in and out. police say the joint plan is to monitor legal traffic and then close off access all together after stores close. >> we have assigned certain officers that have specialized training to be out in the area of our known areas where we have car meets to just to make sure that they're obeying the law and the vehicles they're driving are safe. >> some business owners say it doesn't hurt busin

target is up over 10% in the last month and best boy up 16% and home depot up 16%. a little idea. retail is not getting killed by amazon even thought the world wants to tell you they are here's another name. american eagle take a look at this. see this chart when all of retail was basically getting bashed and then it started to make a huge move since november i think this thing is ready to break out. the options are telling meet same exact thing the may 20s, going all the way out to may, jimmy. buying a little bit of time. 10,200ch these were bought for about a dollar so pretty aggressive not a name that comes up very often for us we don't get a lot of retail names and get some in a while. a lot of people like to dabble in names like macy's and some of these other ones and american eagle. fundamental balance sheet unbelievable. >> and survivor. >> and survivor with some yield at well. >> and people have to recognize, children's place, when you get the survivor, people buy there, and by the way, you go into this place. the stuff is not expensive, okay they are in a g

someone at the home depot call for help.police did not release the name of the person in custody or provide further details. no one inside the target store was involved in the shooting and no one was injured there. target released a statement saying, quote, the company is committed to safety and as part of this commitment we have robust procedures, policies, and trainings in place to ensure that our stores are safe places to shop and work. >>> the two men charged in oaklands deadly ghost ship warehouse fire are due in court today. the hearing for both was postponed from its scheduled date on monday. both are charged with 36 counts of involuntary manslaughter. during today's hearing the judge will decide if there is enough evidence to go to trial. it is expected to last a week and includes testimony from former tenants of the ghost ship warehouse and also law enforcement investigators . >> and nationals park chain is taking steps to protect its customers after several complaints of sexual assaults. massage envy says it will r

. >> you know ken langone, the billionaire founder of home depot.e was telling his rich friends to quit whining and quit complaining. he's back and loaded for bear. ♪ ♪ ♪ ♪ for those who know what they're really building. always unstoppable. another day of work. why do you do it? it's not just a pay check, you actually like what you do. even love it. and today, you can do things you never could before. ♪ ♪ you're developing ai applications on the cloud. finding insights hidden in decades of medical documents. and securing millions of iot sensors. so get back to it. and do the best work of your life. ♪ ♪ >> neil: all right. the meeting is still going on at the white house. the president with the republican and democratic leadership including speaker ryan. they are there with nancy pelosi. chuck and nancy left. she even calls them chuck and nancy. of course, that is chuck schumer and nancy pelosi leaving earlier today. so the republican speaker ryan and mitch mcconnell i would assume, right? she just dismisses me like that and says yes. that's what i

talked about i'd rather see you in home depot.y in new york >> caller: jim, how are you? >> thanks for taking my call. >> of course. >> caller: one of my favorite stocks this year, universal display. >> one of my favorites 90 points. i want it to come down in amazon, in netflix and apple. so wait. david in texas >> caller: from lone start state, mr. cramer. tell me about magellan >> insanely valuable, ridiculous, yields 5 1/2 everybody needs it and knave got it i'm a lonely voice in the wilderness that, ladies and gentlemen is the conclusion of the lightning round. >> announcer: the lightning round is sponsored by t.d. ameritrade see that's funny, i thought you traded options. i'm not really a wall street guy. what's the hesitation? eh, it just feels too complicated, you know? well sure, at first, but jj can help you with that. jj, will you break it down for this gentleman? hey, ian. you know, at td ameritrade, we can walk you through your options trades step by step until you're comfortable. i could be up for that. that's taking

we'll show you how home depot brought christmas cheer to a bay area hospital after finding out one patient wouldn't be home for the holiday. >> an outbreak by marshawn lynch directed at a referee is going to cost him. mark will tell us about the punishment handed out by the league in sports later. >> a bay area park has a new santa greeting guests. we'll have more coming up. e coming up. ♪ [baby crib musical mobile] millions are still exposed to the dangers of secondhand smoke. and some of them can't do anything about it. but you can. protect your family. visit tobaccofreeca.com. >>> a new santa at fairyland in oakland is proud to wear the suit to honor the man who did it for 20 years before him. ktvu's paul chambers introduces us to fairyland's new santa. >>> reporter: it's that time of the year when we like to see santa. >> merry christmas! >> reporter: and here at children's fairyland in oakland it's no different. children flock around the man in the red suit. >> yeah! >> came to have a good time, makes it all worthwhile. i could do this every day all year round. >> reporter: when this

that day in order to profit from an exceptional home depot analyst meeting. thursday we hear from dollar general. this is a controversial one but not for the reasons you think. normally i just tell you to go buy it, why? i'm expecting a good quarter not this time though because dollar tree it competitor told such a good story it moved up the stock of dollar general we'll be late -- i fear it will be a sell the news aspect of this quarter let it come down maybe that's your opportunity. i do prefer dollar tree. remember, dollar tree is so clean you can eat off the floor. i have heard that phrase, who would eat off the floor? but if you had to, you'd go to dollar tree and the candy aisle superb they have cow tails. finally on friday we get the last labor department nonfarm payroll number where they're expected to give us a quarter percent rate hike. i think we'll get a big jobs number we're smack in the middle of the industrial renaissance that i love talking about at the same time, white collar jobs are become plentiful. you know retail could be strong and i'm

for me it's like going to home depot, asking a question among the orange aproned salespeople and beingold, sorry, that's only for the pros, not for the do-it-yourselfers. i would find that to be stupid and an arrogant judgment you should feel the same way about those who tell you that you can't do it yourself the only real difference is the home depot people aren't trying to fete yoget your money from y, whereas those who denigrate those who try to do it themselves are getting you to vender your assets to them their business model they're not just questioned about their motives, which to be fair would be quite rude so, they look like they're always acting in your best interests and they might be most of the time, particularly if you don't have the time, the inclination, temperament or ability to make judgment about stocks and bonds. but say you have the time and the inclination, the desire to do it yourself say you want to save money, not pay a percentage of your assets to someone who may not be better than you are when that percentage can add up to big numbers over time. then you know

difference, carl actually if you look at the numbers, our numbers and look at major players like home depots, the e-commerce channel is very strong it's very strong in the plumbing business as well but there are more complicated projects big remodeling projects, a new home specification where you're going to want expertise and you're going to want to see a variety of products in situ in display showing a full bathroom or kitchen so you're going to want to go in and work with experts and see everything that's possible that's why these experience centers we're building around the world are critically important for that not only for consumers but also designers and architectures. >> do you want the massage showerhead, rain showerhead. david, thank you so much for joining us we appreciate it. >> thank you, michelle thank you. > quk le icoe. >>"sawaly"s ming up next you always pay your insurance on time. tap one little bumper, and up go your rates. what good is having insurance if you get punished for using it? news flash: nobody's perfect. for drivers with accident forgiveness, liberty mutual w

it, you know, into the more value areas like the -- well, it's hard to call them values, but the home depots, the disneys and the apples from the facebook, nvidias and the netflixes, and it has nothing to do with fundamentals, just keeping our weightings, and literally after we made our trades, it seems like the computer a lg os just clicked in, and maybe it's black rock or whoever, and it was like the same trade just happened so this has nothing to do with fundamentals the fundamentals couldn't be better for technology. >> how much does it have to do with taxes and maybe a narrative changing a bit on wall street and what the impacts in certain areas could be and thus people are selling who otherwise wouldn't be right now. >> you know, i think there's some of that going on, but the republicans are so confused and clueless that we have no idea what it actually is going to be at the end, so i think it might be premature to make, you know, all kinds of tax-related trades, but i do agree if i'm a hedge fund manager i'm taking my profits right now and taking my lower tax rate for sure, but other

. >> this is a vacuum bag that i got at home depot.ed you don't have to go to 16 stores, pick everything up. jillian: you don't want to get rid of the christmas sweater. >> i was running -- plug in this vacuum. see how much space this saves. the reef is another thing, you don't want to damage it. people put them in a bag, i don't do that. you don't want to pull out a reef, this is pre-lit. i have one of these compartmentalized, store it and push it. jillian: you are still swooshing it. >> this rolls right under the bed or somewhere safe. the artificial tree is important. people by a tree, if it is not a real tree that is why you buy it. this thing is perfect, same with the tree, don't want to throw it in a corner, put it in this box, it is clear, has wheels, took it in. i am the home depot man. jillian: i had the same artificial tree for ten years. packet up in the original box. >> they are usually cardboard. cardboard box is falling apart, lived out its life. the tree outlived it. >> if you have a real tree. >> if you live in new york

and is what it seven times compare that to walmart and even home depot. but the market loves the potential of the companies earning very little, relatively. mark: will the tax cuts announced lower corporate rate, maybe somebody repatriation of money from overseas? will some of it go want to m&a or not? >> we hope so. the fact of the matter is the companies have to grow externally or internally. any of them have taken position for years that it is much better to find the right company to margin to then try and start a division themselves that will take two or three or four years before it even becomes profitable. with the money available to corporations as a result of tax cuts and reached -- repatriation we hope will bring a lot of money back to the states, the question is will they do this, will they build more infrastructure, will they return moneys to the the money availabo corporations as a result of tax cuts and reached -- repatriation we hope will bring a lot of shareholders, i think every company is different. wait and see how different companies re

before today, home depot stock was up this year. be playable on hardware that a company did not make. nintendo is just riveting classic games through a gaming tablet. the new initiative is limited to china for now. that is your bloomberg business flash. >> we will get employment numbers for november. >> almost christmas. >> the nonmember jobs report on friday, 195,000 employment rate, average hourly earnings at 2.7%. the economic strategy on bloomberg intelligence, what is your prediction for friday? >> 195,000. we missed on the headline print last month and they were very substantial for two months, which put the change in line with expectations. looking at the broader picture, it is the first clean print we have seen in three months. we had a surge and we do not really know the underlying cases. you add into that the view the fact that the economy is moderate week celebrating, probably not 3% gdp but closer to 2.5%, you should shave your forecast slightly higher than a trend. calix: wages. we heard at the roundtable yesterday that

a lot of oil companies, chevron with a new high, home depot, lowe's, plenty of retailers.nd you pointed out, not only were overall numbers good, but online shopping for a lot of these guys has been pretty good. caterpillar and some of the deep industrials also new highs. >> three days left in the trading year for 2017. we'll have a look ahead to the rest of the week coming up on the second hour of "closing bell" with kelly evans see you in a bit, kelly! >>> thurank you, bill, and welce to "closing bell," everyone. i'm kelly evans at the new york exchange a small decline for the dow at eight points, the s&p down about three points the nasdaq the biggest decliner, down nearly 0.3%, but the russell 2000's managing to stay in positive territory, gaining a point and a half to close at 1,544 today. how about the biggest movers we can take a look at the dow. let's see, a name in the dow leading the way today was a home depot with more than 1% gain biggest dap decliner was apple with a 2.5% drop and we talked about the report of weaker iphone x shipments weighing in on that. the s

stocks are fine happens all the time yesterday home depot was down before its terrific meeting. i went through it, chose not to watch it after the meetings, figured would be up $2, not down $5. but fact it was down made the negativity self-fulfilling something had to be wrong with home depot i know it wasn't the case. i have conviction, know my homework, have discipline and knew could bounce. at the same time the market is re-evaluating the stocks that surged without much thought. tjx bid up in positive aura from tax reform but didn't have good quarter back to $73 and change where it belongs because disappointed last week vmware reported in midst of tech selloff a beautiful quarter. integral to adoption of the cloud, still in infancy and business on fire but misfortune of reporting on the day they were giving up cloud stocks cloud deniers are wrong. 117, down ten points from high should be buying vmware because it's too low then boosted big dividend and raised guidance jie gantically because large customer is ordering like mad. almost certainly apple but like fight club tlt, fir

lea: i know at least home depot is saying they are filing more applicants. lea: speaking of jobs, rapper lil' jon is then the market for that. >> a week after john schneider be stepping down from his position, rapper lil' jon responded to the street saying i will humbly accept position is your new ceo. i can start immediately as recruiter played along, she treated back then still waiting on your resume. this is a dealbreaker we won't rename the company popplewell jones. just got off a great call with papa john's. excited for the future which the restaurant then retreated with a handshake of og. could we see a deal here? maybe they found a new face for commercials. we shouldn't forget the president steve ritchie was officially named as replacement ceo. maybe the spokesperson. the analogies always baffle me when you get a handshake that means that god deal. >> i think that means it's official. thank you, tracee. lea: coming up, roy moore trying to keep his senate dreams to life senate dreams alive filing last-minute lawsuit in alabama last night. the latest on

home depot stock was up 36% for the year. asset management industry has entered what mckinsey is calling the new abnormal. the consulting firm says that for the next two decades, as it managers face a number of challenges. among them, long-term investments, pressure on fees, and aging clients. that is your latest bloomberg "business flash." we are moments ahead from the release of weekly u.s. crude inventories. he was oil ahead of the data. crude oil down about 1.5%. this is bloomberg. ♪ mark: live from bloomberg's new european headquarters in the city of london, i am mark barton. vonnie: and from world that what is in new york, i am vonnie quinn. this is "bloomberg markets." we are awaiting oil inventories. an average drawdown of 2.8 million barrels. oil is trading lower ahead of the released by 1.5% for a barrel of crude. and the guilty little is with us now as the numbers come out. abigail too little is with us now as the numbers come out. abigail: a much bigger drawdown than what the survey had been calling for, 5.6 milli

she goes to home depot. as landscaping equipment.he just home depot, hires someone to paint the house which is making friends in the neighborhood, creating jobs and boosting gdp through her sales at home depot. you can do that one house a block and you can change the whole neighborhood. i'm not emotional about this. we need a business plan. not an emotional reaction. we cannot do that anymore. you cannot be latino, white ignorance, angry, whatever drama you have needs to step away because nobody cares. the only question is are you contributing to the economy and to the culture? that is the question. are you a good role model for your children? this is the question. we've got to stop making dumb, sexy. we dumb down and celebrate and we have to make smart sexy again. the question you test is the right question. need to start having different answers. when the black bank is living in our neighborhoods is because a low capital often times it cannot live in the neighborhood even if we put all the money in the world there. they need more e

home depot hit an all-time high earlier today. still right there, 187 on the home depot.ales and upbeat outlook for the future from general mills, they are the cereal people, cheerios, among many others, up half a percent. chip maker, micron, rosy outlook. the stock is up nearly 5%. better profit at -- where are we going here. we have -- had the ceo the other day. actually down 30 cents. already had a nice run. stitch fix, stitch fix, sends you a box of items, you buy them or send them back, first earnings report since going public, investors don't like what they say, the company is spending a great deal of money and the stock is down 13.17%. all right, fedex, let's get back to that. record high, i think that's a record high. $250 a share. up 8 bucks, 3 and a half percent, if you are just joining us, fedex made news this morning, their chief financial officer says the tax bill will grow the economy next year and we are going to hire more people and invest more money because of that growth in the economy. just what the trump people wanted to hear. blackberry, making money.