david asman, "forbes on fox" is next. my man, dave. >>> well, forget about the politicians. how did obamacare come off at the end of the debt deal in some democrats say obamacare was a big winner since the changes that republicans wanted didn't happen. but check out these headlines. former obama press secretary robert givens calling the exchange glitches "excruciatingly embarrassing." only 1% of the website visitors signing up. aetna ceo knocking the law. hospitals lay off workers in part because of the law. on and on and on. so did obamacare come out this week as the big loser? hi, everybody. i'm david asman. welcome to "forbes on fox." in focus with mr. steve forbes.

david asman, "forbes on fox" is next. my man, dave. here he is. >>> well, forget about the politicians. how did obamacare come off at the end of the debt deal in some democrats say obamacare was a big winner since the changes that republicans wanted didn't happen. but check out these headlines. former obama press secretary robert givens calling the exchange glitches "excruciatingly embarrassing." only 1% of the website visitors signing up. aetna ceo knocking the law. hospitals lay off workers in part because of the law. on and on and on. so did obamacare come out this week as the big loser? hi, everybody. i'm david asman. welcome to "forbes on fox." in focus with mr. steve forbes. rick unger. mike osanian. rich karlgaard. and john tandy. was obamacare the bigger or the loser? >> it's a big loser because it will be implemented. make no mistake this is the obama's administration vietnam for the adolescent approach for healthcare. obama at the end of the administration will wish ted cruz and the republicans succeeded to defund it because

i want to bring in my colleague david asman.ts, david, based on volatility out of washington. david: funny you bring up the word volatility. one thing we're looking at the vix, the volatility index. nicole petallides at the nyse. when you have a 12 to 14% jump at the vix you expect to have a pretty significant down day. >> absolutely t was a wild day on wall street. things were sort of tepid. we started to hear from john boehner and harry reid and nancy pelosi and they are, and they aren't and we got so many mixed messages, no wonder we saw the vix go from 17 to 18 1/2. a bain of about 15%. a wild day today. cheryl: nicole, charles schwab is posting nice gains that is nice to see, one of the top performers in the s&p. what are we seeing with schwab? >> new high of charles schwab, 23-point9. we saw their profit improve in the latest quarter by 11% a winner in the s&p 500 and year-to-date and this is on more fees and activity of trading. david: good news, nicole, i bought fedex at about $60 a share about a year-and-a-half ago. the

david asman, liz claman. they're on next.threats to put a hold on janet yellen's confirm as fed chief. market is down 98 points. we'll talk about it. ashley: ashton kutcher a project engineer at enlenovo? believe it are not he studied engineering in college. we'll have that on tech minute next. tracy: as if drivers are not bad enough, not nearly as bad as jersey, but call can you imagine will deal with traffic from tonight's world series at the same time president obama is visiting? we're live from fenway park next. [ male announcer ] the founder of mercedes-benz once wrote something on a sheet of paper and placed it in his factory for all to see. ♪ four simple words where the meaning has never been lost. the challenge always accepted. and the calling forever answered. ♪ introducing the all-new 2014 s-class. mercedes-benz. the best or nothing. and this pk is the inside of your body. see, the special psyllium fiber in metamucil actually gels. and that gelling hes to lower some cholesterol. metacil. 3 amazing benefits in 1 supe

let me bring in david asman. the theme of the program is, this market just wants to go up.ow hard the president tries to talk it down. stuart: today we have senator harry reid confident that they will reach a deal by the end of the week. premise of the show, this market just wants to go up. >> the president wants more power than he has. even though, as you say, it is very mild concerning obamacare. it is still contradicting what the president says he wants. apparently, harry reid is spending a little bit. you may see a market go down even further. again, no matter how much the president tries throwing into this market, the market still seems to be holding its own. stuart: 15,000 to 65 as we speak. next case, has the senate worked on a deal to end the stalemate? a food pantry in washington. listen to this. >> we stand a good chance of default. we have a potentially devastating affect on our economy. stuart: not to be outdone. when you start acting like this, you have a problem. i love you dear, but, you know, i am shutting down your entire government. i love you, dear, but,

i'm david asman. welcome to "forbes on fox."ve forbes, rick unger, mike, bill baldwin, sabrina schaefer, hn tandy. $2 trillion out of a $3.5 trillion budget. more than the majority. how do you avoid dealing with it? >>ventually you will have deal with it. won't be done now, simply because there is not a mandate to do it. you set the stage for it; such as, having accounts for younger people in social security, change the delivery of healthcare, do it in a positive way. you set the ground work. you won't make headway with the congress. shoot for 2014 and 2016. >> rick, should entitlements be off the table entirely? >> i don't think they should i'm not one of those liberals. i would love to see the focus shift to where they are look at entitlements in terms of cleaning it up. it should be a constant reform all the time. weed out the people who may take advantage, so we havehe money for the people who legitimately need the help. >> let's talk about people taking advantage. federal disability programs arjust totally out of control. w

i will continue on with you but i will bring in my man, david asman. david: good. fantastic.ible, 299, we're just about ready to pop 300 on the dow. there we go. 300 points on the dow jones industrial average. we were talking yesterday to the cm e-trader in chicago. seems like a lot of cash-rich traders looking for opportunity. cheryl: looking to buy. david: if this deal takes places looks like will happen, only for six weeks. november 20 second they have to do this all again -- 22nd. there is a lot of cash in the marketplace ready to jump in. cheryl: we shall see. tomorrow morning could be whole another story. a guest said this is relief rally with earnings coming in. david: 303 points on the dow. let's go to lauren simonetti on the new york stock exchange. talk a about a sector, banks are really happy. cheeyl showed us big movers, the breadth of this rally is i am -- impressive. >> all of these names in the green, really a strong day. i really want to point out when we started government shut down, the dow closed at 15,029. the shut down not affecting wall street. it is deb

i'm david asman. welcome to "forbes on fox."ldwin, sabrina schaefer, hn tandy. $2 trillion out of a $3.5 trillion budget. more than the majority. how do you avoid dealing with it? >>ventually you will have deal with it.

minimizing asthma, maintaining the asman task force, that we will keep implementing that my predecessors started, educating people on healthy lifestyles, exercise, healthy diet. we talked about the environment. it is about the food we are taking into our body, our stress level, and a component that is not often discussed as our mental health -- is our mental health. mental health and physical health factor into the environment that people are living in. it is in their home, it is in the neighborhood, it is the whole southeast quadrant. any way you guys sit up, we have had our disproportionate share -- you dice it up, we have had our disproportionate share of problems that are happening. the policies and priorities of the city have been implemented. we have an opportunity -- this goes back to jobs. the puc will have a billion dollar project of rebuilding the digestors, the waste water management treatment plant in the district. making sure that people are hired from the neighborhood for the project, a pathway to a career that will be sustainable, and one where people can provide for thems

here is david asman. david: i don't have the answer. we have the a lot of people coming on to do.t new york stock exchange. we saw this coming. amazon is not quite as pricey as some people thought it might be at the end of yesterday, still up a great deal about, 9%. >> look a new high is a new high and amazon shareholders are cheering today as they came in with numbers, right. we saw the numbers that came in year-over-year and they look good. the earnings per share still a loss, really but you see that revenue is growing. you see they're doing well into the holiday season. all good for amazon. liz: microsoft geting a big boost today, leading the dow higher, of course the same thing, earnings came out after the bell and they beat. >> that is really exciting because they beat on both the top and bottom line easily beating wall street estimates for microsoft. so that has been a stellar performer on the dow and tech. david: a little more earnings news. of course zynga came out. at one point they were able double digits. i think they came down a little bit. it was more about the foreca

david asman join being me for "after the bell." david: hey, nicole. tesla is down a bit.tesla is up 5%. what am i saying. it was up 5%. see what happens when i come in late. >> we love you, dave. you're on top of it. and the truth is goes back and forth. very volatile stock. it is up 400% this year. they hired an apple vp to come over there. a big deal. liz: a little bit of a brain drain. or tesla being aggressive. our viewers get to decide. shares of a chinese fell come company, we're watching this -- telecom company. last time we saw a stock fall 45%, nq mobile, getting hammered after a website muddy waters initiated coverage a strong sell. calling the company a massive fraud. look right now the market doesn't care whether it is true. it is just trading on that. >> here's the story. that is such inside baseball, liz. i can appreciate the story. traders are talking about it all day. the mobile services company based in beijing. they have offices in dallas. muddy waters says the whole thing is fraudulent. they say they are false allegations. the stock dropped exponentiall

happy birthday, david asman, day one. >> like you haven't aged a bit. congratulations. one of those founding acres of this entire place. top of the hour, stocks every 15 minutes. nicole petallides on the stock exchange, you must feel you are on a bender. >> i remember our sixth year anniversary, we are focused on what we do in washington because every time we have one of our lawmakers at the podium the market is gyrating, we had john boehner come john, and followed by harry reid and the market's pullback and the vix, the fear index has an up arrow and we are worried what will ultimately happen in washington. in the meantime we are in the thick of burning season and we heard from coca-cola and johnson and johnson and citigroup and "after the bell" there will be more from yahoo!. there's a lot going on on wall street on our sixth anniversary of the fox usiness network. dennis: at the anniversary. a new plan on the table from house republicans making two when you add the one from the senate and we get you covered with the latest on these moves. peter barnes, from the d.c.

i will throw it over to cheryl casone and david asman. >> nasdaq looking good.the new york stock exchange. what happens is homebuilders go down. that is what happened today. >> that is something involved with homebuilders. 10-year at 2.56. what hit the homebuilders was survey from credit suisse pertaining to the fact there wasn't as much inventory and also, that they were seeing overall with the buyers. being not as interested because they didn't necessarily like the high prices. >> jcpenney, nicole what a week for this company. they fell below eight bucks a share. first time in 30 years. barclays downgraded them earlier this week. they have a lawsuit now. they can not catch a >> you still have people interested like forking soros,. david: tesla we got word after downgrade and you had the video come out. total damage was 10%. they worked back about 4.5%. why do investors look more kindly on it today? >> it is interesting. tesla is a hot, hot stock people live for the long-term. they will knot let one little car fire get in the way. i say tongue and cheek. it was

david asman joining me on a day where it is kind of a mixed interesting day of data, right?is would happen. if it was bad report but not bad enough to show the entire economy was crashing we had a feeling the market would like it, because that would mean more fed stimulus. cheryl: right. david: other things are typically associated with, including gold prices. i'm looking at that. it is up almost 2%. let's go to nicole petallides at the new york stock exchange with details. netflix doesn't have to do with jobs report or one way or the other but yesterday when it was pushing close to 400 after earnings, a the lot of people said it was top heavy including reed hastings the ceo and look what happened. it is down 31 points. >> it hit a all-time high of 389 and change. it pulled back. i would expect continued volatility on netflix. it had a range of about 70 bucks today and you had a lot of traders getting in and out of that one. cheryl: nicole, groupon, very heavy v groupon. analysts warning on the company. the news was not good for them today at all. >> that's right. they're co

. >> david: asman best bell rings. david: we have a lot of individual stories.o report. did you know at&t gives a dividend of 5%? one of the biggest dividends around. one of the reasons the stock hasn't moved much. we'll report on at&t as soon as it cops in. caterpillar reported. that is one of the minutes why the market is down. nicole, start with caterpillar, not good earnings report. 6% down last time i looked. about 6%. >> caterpillar weighing on the dow jones industrials, the worst performer, disappointing investors for this quarter and giving an outlook that is cautious. don't forget they laid off 10% of their workforce and obviously not seeing growth going forward. as a result that shaved off 30 dow points just caterpillar alone. cheryl: health care fascinating. managed care companies were falling as ceos were meeting with white house officials today in washington. >> the launch has been a debacle. they continue to t forward with this. meantime a lot of health uppers have down arrows. david: enough of the bad news. let's get to google. a lot of naysayers

dennis: of fiveuing for asman and got the job doesn't that mean if i want to take the job must not thinkhat bad? >> you can look at it that way.@ that part of the case, she was not hired because she complained about it. the point is if h he h taken the job she would not be suing harassment. you can still sue your employer. happens every day the week. someone is there, and happy, denied a promotion, denied a od position and soup. >> it would not have happenedf she got the job. dennis: the is something -- i know. we are just going to leave it right there. thank you for being with u a wonderful job matching the dress to the eye. professional consulting. >> my time. >> all right. thanks a lot. when we come back a look at how you can possome the onle and have disappeared. and with big-name companies dropping in treasury, is this a sign of where the bond market is headed? will we looking out f you and your gerriwillis.com next. ♪ @a ♪ dennis: this function is alive and well in washington d.c. toght. you need that. no one has come up wiih e deal to reopen the federal government , hammer out a s

david asman is right here. david: looks like we're above it for the dow right now.n, no matter how it settles we have a lot of record highs for individual stocks including american express, proctor & gamble, 3m, visa, et cetera. let's go to nicole petallides on the floor of the nyse. liz: nicole, linkedin, we're looking at that because it has been a winner over the past year. how is the stock trading right into the close? >> so key to watch, up 1.8% this is a name that continues to beat quarter after quarter. everybody will be watching the mobile numbers, the advertising numbers, looking at revenues. one to watch, guys. david: people are watching the foreign stocks, one of them is ads, one listed as a on new york stock exchange as american depository receipt, nokia. >> they pared losses. wasn't too long it would sell the phone business over to the microsoft. it is at 7:$45 a share. great day for nokia. $7.45. liz:sa ac capital advisors people will plead guilt i to securities fraud. you have to ibm climbing into the green. biggest gainer on the dow. david, propelling

dennis: of five suing for asman and got the job doesn't that mean if i want to take the job st not think that bad? >> you can look at it that way.@ that part of the case, she was not hir because she complained about it. >> the point is if he had taken the job she wouldot be suing harassment. >> you can still sue your employer. happens every day of the week. soone is there, andappy, deed a promotion, denied a good position andoup. >> it would not have happened if she t the j. dennis: there is something -- i know. we are just going toeave it right there. thank you for being wh us. a wonderful job matching t drs to the eyes. professional consulting. my time. >> all right. hanks a lot. wh we come back a look at how you can pose so the online and have dispeared. and with big-name companies dropng in treasury, is this a sign of where the bond market is headed? will we looking out for you a your gerriwillis.com next. ♪ it's as simple as this. at bny mellon, our business is investments. managing them, moving them, making them work. we oversee 20% of the world's financial assets. and that gives u

i'm david asman. list claim will come right back. -- liz claman will right back.llides at the new york stock exchange. the volatility index when that is down the market is up. >> i heard you say the vix. i'm happy to kick it off there with that. we saw 20% to the downside, biggest move of 2013. yesterday jumping today and pulling back. every headline out of washington was a market moving event. liz: big banks responded postively to what happened today, right? >> absolutely. we saw the financials leading the way as you noted, liz. bank of america came out with great numbers and blackrock. the profits jumping there. goldman sachs, dow component up 3%. david: huge earnings day. that will be interesting hour. we have ebay, american express,. how are they doing today? >> ebay is pulling back. it is up 5%. ibm and american express as well. liz: we'll get those to you the second they come out. federal express extending yesterday's gains, climbing further into the green. clearly this is a company where people look at it as a proxy for the economy? >> right showing buyback

dennis: of five suing for asman and got the job doesn'that mean if i want to take the job must not thinkat bad? >> you can look at it that way. that part of the case, she was not hired because she complained about it. >> theoint is if he had taken the job she would not be suing harassment. >> you can still sue your employer. happens every day of t week. someone is there, and happy, denied a promotion, denied a good position and soup. >> it would not have happened if she got the job. dennis: there is something -- i know. we are just going to leave it right there. thank you for beingith us. a wonderful job matching the dress to the eyes. professional consulting. >> my time. >> all right. thanks a lot. when we come back a look at how you can pose some the online and haveappeared. and with big-name companies dropping in treasury, is this a sign of where the bond market is headed? will we looking out for you and your gerwillis.com next. ♪ so i can reach ally bank 24/7, but there are no branches? 24/7 i'm sorry, i'm just really reluctanto try new things. really? what's wrong with trying new th

fox business's charles payne and david asman. i will throw it out there, are you shocked by this. >> i'm not shocked at all. melissa: they lied! >> that they are making business decisions based on money is not surprising. what is surprising saying they are not doing it when clearly they were. >> liberal elites do it all the time. they're as money conscious as any capitalist but don't want to admit it. >> that is the whole thing with me. >> they're hypocrites. >> we see it on wall street and permeates university. we care, we want to help. no you don't. in fact here is the irony according to the piece. they give breaks to rich kids. so what you're talking about is, with the federal government pumping out all the college loans, deep back though the regular tax paying public is subsidizing rich kids to go to george washington university while they say we want to help you. >> people buying fiskar cars too and such. melissa: totally different subject. don't want to get you off base. when we're talking, the whole point of financial aid,

joining me our david asman and harvard business school david kaplan. let me start with you, robert. so, the about the has tried to break apart and separate, there is a problem with the website but it is totally different from the actual business. a great way to run or company or would that not fly elsewhere? >> no, and i don't think he actually thinks that. i think he knows and most ceos know, this is a, this is management problem and it is all integrated and, and so he's trying now to this has gotten messed up, to try to isolate it and to emphasize to people this is not the end of the world but he knows it's completely integrated into the overall program and it's really a leadership issue. it is not a technology issue. melissa: how common do you think this is in this day and age when on one hand, almost every business you have have has an online component? we still have many ceos who, you know, came to maturity and entered the business world in a time when it was a very small part of the business? how common is this phenomenon? >> well, it's not uncommon that a ceo doesn't fully un

you will certainly want to follow this i want to bring in david asman, we certainly have a very activepect as the markets are closing, david, we may be hearing from jay carney in the briefing room at the white house. david: sometimes they have a surprise visitor in there. if you know what i'm talking about. this is the white house briefing room. he doesn't have to walk far. the president comes in late afternoon meetings to make special announcements there is forth with democratic senators, republican senators, say that again, produceer? all right, we have nicole petallides, as you can see the market is rising on expectations of some kind of deal in formulation. let's get to nicole before we go to jay carney. let's look to gold because that has been sinking like a rock. >> gold is $27 to the downside at 1270 a troy ounce. the days of 1300, 1400, right now seem far, far away. we're seeing gold stocks down with it. cheryl::nicole, shares of safeeay, one of the top performers in the s&p on the heels of big announcement. >> 52-week high for safeway, exiting the chicago area for their dom ni

no eriege here between me and david asman. we're a team together. david: we're indeed.o bad they took alcoa out of the dow. alcoa is up nicely. they took it out not long ago. liz: replaced it with nike. let's go to nicole petallides on the floor of the new york stock exchange. let's not ignore another dow component. hpq following comments from meg whitman. she is back in the game. >> we had hewlett-packard and alcoa in the dow that would have helped. we're watching comments from meg whitman and very positive ones from that. basically talking about sales. she expects them to stablize. that helped move hewlett-packard to the upside. bucking the trend of the market even when the dow was down. david: one index how crazy the market has been ups and downs, machinations from yellen and the debt ceiling crisis. the very started off. of course that is the volatility index. when the vix is up, that means craziness is up. you see the green arrow, up about 5%. now it is down almost 5%. that kinds of gives you an indication of the mood of the market. >> it really does. right after w

david asman made is way down to the studio. for "after the bell."ile? man, oh, man. liz: good day. david: this is one of those days where individual stocks are doing all sorts of moves that we'll track on a very personal level. i know a lot of people out there have individual stocks they like and dislike. let's get right to it. liz: let's get to nicole petallides. that is getting right to it. google trading above $1,000 a share for the first time. >> it was exciting to go watch it from the 900 handle to trading $1,000. at one point 1015. maybe surpassed that. up 14% and continuing to do great and building the advertising business. david: i don't know about the rest of the country but chipolte is take over new york. i don't know how many people i hearsaying i will go to chipolte tonight and chipolte to this afternoon. the stock is taking off like wildfire. >> same-store sales on the rise. impressing wall street. continuing to expand and great move today up 16% hitting an all-time high as well. liz: okay on the flipside we have shares of advanced micr

so we bring in the one, the ownly, david asman. david: thank god there's only one of me.ting coming up at 5:30. david: we'll cover all that and what is happening inside the beltway. the market seems to be operating on its own. they have discounted just about everything about this particular crisis. of course we have the debt crisis coming in. and tesla has a crisis. go to nicole petallides at new york stock exchange. nicole, even before we got word of this video, this strange video that seems to show, we haven't verified it at all looks like shows a tesla burning. that sent fears into shareholders of tesla. they did get a downgrade and that led to a downgrade. >> anyone can look at video. it is not a big secret. we saw the stock drop. the real story one of the analysts talked about the fact, listen we upgraded tesla five times. at this point we think it is fairly priced. unless they have a great creation or something new with the batteries and the like we'll not raise your target further. we've already seen it run up 436% this year. liz: 1994 i bought a burlington coat br

the days are gone with bill asman or maybe even carl icon that you wanted investing.fett is the guy, and a lot of companies will do anything just to get in and. melissa: they will. the same time there was a new report from the ap out saying that families are hoarding cash, pulling money out of mutual funds, up to 50%. 15 percent more in cash which is trillions of dollars. it does not sound like a lot of money on a percentage basis, but does that cut to that old adage, be fearful when others are greedy and greedy when others are fearful? >> it does. but also says, we still have not recovered from the financial crisis. a lot on the sidelines which can be a good thing, but t market has to stay strong through the shutdown. melissa: thank you so much. >> see you. melissa: coming up on "money," have you seen the box office said gravity? it may be dealt with fallacies, but that is not stopping moviegoers. former astronaut on my people are paying no matter what. what are you looking at? >> the burger performing arts center wednesday night. wednesday, and i will create ghosts.

david asman standing by. he is rocking them. david: you mentioned the s&p.w, 5% right now as we are talking. leaders on the dow as well trying to push into positive territory. it was briefly and oh so slightly positive territory. nicole petallides pushing for all the stocks at the nyse. if it was not for ibm there's no question the dow would be in the plus category. ibm looking at a disaster here. nicole: no question. ibm was a real disaster on the revenue number. when you put it in terms of points, it was 89 negative dow points. you can see ibm really dragging it down today. liz: another thing falling is the volatility index, the vix. nicole: this is after yesterday it dropped. waiting to see what congress was going to do. we saw it flying up. we really have been on a white knuckle ride here on wall street. david: gold traders are very happy today. those betting on the dollar are very sad. talk about gold up almost 3%. nicole: you saw gold, lot of the gold stocks went along with it. seeing stellar gains today. liz: these are a couple widely held names. goog

i'll be back in just a moment, david asman heading on down for "after the bell." ♪ ♪ what's better than ♪ nothing, that's what? that's why i take prilosec otc each morning for my frequent heartburn. 'cause it gives me a big fat zero heartburn. woo hoo! [ male announcer ] prilosec otc. the number one doctor recommended frequent heartburn medicine for 8 straight years. [ larry ] you can't beat zero heartburn. and best of all, it means i can enjoy all the foods i love. oh, zero heartburn is awesome. just like zero clery. ♪ [ male announcer ] prilosec otc. one pill each morning. 24 hours. zero heartburn. [ bell ringing, applause ] five tech stocks with more than a 10%... change in after-market trading. ♪ all the tech stocks with a market cap... of at least 50 billion... are up on the day. 12 low-volume stocks... breaking into 52-week highs. six upcoming earnings plays... that recently gapped up. [ male announcer ] now the world is your trading floor. get real-time market scanning wherever you are with the mobile trader app. from td ameritrade. liz: we have a news drypoint holmes jumping on

dennis: of five suingor asman and got the job doesn't that mean if i wanto take the job must not thinkhat bad? >> you can look at it that way.@ that par case, she was not hired because she complained about it. >> the point is if he had taken the job she would not be suing harament. >> you can still sue your employer. happens every day of the w week. someone is there, and happy, denied a promotion, deied a good position and soup. >> it would not have happened if she got the job. dennis: there is something -- i know. we are just going to leave it right there. thank you for being with us. a wonderful job matching the dress to the eyes. profession consulting. >> my time. >> all rht. thanks a lot. whene come back a look atow you can pose some the online and have disappeared. and with big-name companies dropping in treasury, is this a sign of where theond market is headed? will we looking out for you and your gerriwillis.com next. ♪ [ man ] on december 17, 1903, the wright brothers became the first in flight. [ goodall ] i think the most amazing thing is how like us these chimpanzees are. [

david asman joins me now.the dow jones industrial average as you noticed so much of that depends on what happens to app apple, that's going to be reporting coming up in the next couple of minutes. let's go to nicole petallides at the nyse and talk about apple. everybody's focus on apple stock but it is kind of on hold until those numbers come out. >> everybody's waiting to see what they will be talking about. obviously with the iphone sales here and abroad is that demand continues. talking about carl icahn and his clamoring for the buyback. a lot of the investors are so upset, and have not gotten the watch. see what they have going forward prettily for holiday season. everybody wants the apple product or maybe now it won't be that case. investors, we need to get to this show an appetite for food stocks pushing a few names to record high. speed three it is i day we have had record target, hershey's and flour foods, hitting some new highs. it is great to see some of these names with the consumer type names did w

liz: can't quite make a go of it right now, but, david asman, maybe in the last minute and 30 seconds that last interview you had was fascinating. liz: never seen a print in the after-market session where the stock jumped 15% and dropped down where it closed. >> fascinating stuff. liz: let's go to lauren simonetti on the floor of the new york stock exchange. you see a 1% gain on facebook after the third quarter earnings after the bell, but you heard mark mahaney sticking with the company of the he has a $60 price target. >> fast r facebook looks like a strong stock. it closes at $50 a share. down from the high hit earlier in october. you know, this is a remarkable stock story. i saw the stock up 18% after they report ad big earnings beat yesterday. and then it was down 5% at one point in morning. it. so it is finishing in the green which is good news. a lot of concern about younger teens pulling back. david: no doubt about expedia in the green, way in the green. up 20% at one point. good earnings, right? what a winner. good earnings. broker after broker upgrading price targets on the

meanwhile optimism money today, bill asman has been on the wrong side of j.c.l year. it cost and $2 billion in just seven months. that is how much assets under management have declined. most of the drop is due to investment losses according to the wall street journal. and making "money" today, the 100th year in a row, who federal government, you can think president woodrow wilson a century ago today signing the modern income tax law into effect. congress has been spending all of that money very wisely ever since, when you say? will not be sending an anniversary present. all right. it's all we have. i hope you make a five today. be sure to watch as tomorrow from my interview. the glamor is co-founder of jimmy chu, the brains behind the super high-end line, an amazing story to share with a new book out tomorrow at 5:00 p.m. "the willis report" is going up next. ♪ gerri: hello, everybody. and gerri willis. tonight on "the willis report" confusion over obamacare. why isn't the government telling us how many people have signed up? also, the user's guide to obamacare

had a famous scene in the film drinking a glass of scotch while on the air of the just like david asmani love scotch. >> it involved ron burgundy look-a-likes. david: i thought it was scotch flavor. talking about the real thing. also off the desk, take a look at this, i was skeptical of this, folks, whether onion story or not but supposedly the real thing this is the most expensive toilet paper in the world. australian company, toilet paper man, is selling 22-carat gold toilet paper for $1.3 million the company so far only produced one roll. they claim it effective and completely safe. the pricey roll cops with a free bottle of champagne. it will be delivered personally to your door. >> i buy it when they learn how to spell personally by the way on the website. >>> number two thing, on website. economists expecting sales to climb by 1%. >> then we have the number one thing to watch, which is weekly job countless claims. economists expecting claims to drop by 18,000. >> "money" with melissa now. david: we'll be watching. >> let's see what is going on in washington. they're still having a

we also have pr consultants and our very own david asman.e the very first one about playing favorites. 83 percent of workers believe that favoritism least support decisions. this new study says that that is actually not the case. by virtue of playing favorites you make people work harder, feel loved, court your affection. you're shaking your head. do you believe this? >> i said, give me a break. you are encouraging brown knows. melissa: that is people working hard, trying to impress you. >> and that thought of myself and catholic school. if you were a favorite you had to clean one of the nuns classrooms. and i remember all of us. but here is the crazy part. we'll clamored to explain. we wanted to be the favorite. so there is something to this. melissa: what do you think? >> if there is anything that is relationships. ever heard, who is that more on over there? take it one step further. i have a body you has been talented, amazing in high school, college, cruising through the nhl. first year he gets sent down and is talking to me, had a right

cheryl: work with david asman. you like a good, cold, studio.: i like a good cold studio, keeps you awake but nobody like johnny carson. cheryl: thank you, nicole petallides. >>> it is one of today's top stories. twitter discloses financials for the upcoming ipo they are a confused by the new ticker symbol, twtr. that has not started to trade. david: we don't even know where it will be trading. but ticker symbol twtrq is still trading. that is symbol for penny stock, tweeter a defunct home entertainment company. the company saw 800%jump to 13 cents in today's reason. only likely reason sim laters between the names and ticker symbols. cheryl: that is big oops you think on that one? david: i think so. cheryl: the real twitter has time before it officially begins trading the company released some financial information. one surprise, the company valued at 9.7 billion, actually saw a 40% increase in the net loss in the first six months of 2013. david: supposed to be going up, not down. did this company wait too long for its ipo? joining us is the pri