our witness team spoke to charles gaines, paintballing's coinventor.yself and my best friend charles gaines. he was a very successful stock trader on the new york stock exchange. he believed the capacity to survive and do well is an inherent, inborn talent. he would argue he could be a survivor anywhere. i spent my life in the woods hunting and fishing. i argued, on the other hand, that survival is more a function of learning certain behavioural tactics. and that they are environmentally specific. and i said to him, if you came up to new hampshire and went out in the woods with me, you wouldn't have a chance. a friend of mine sent me a catalogue that had a pistol, and it shot a little ball of paint about this big, and it was used by foresters to mark trees to be cut down and so forth. and i had one of those eureka moments. two things coming together. i called him up and i said, i figured out how we're going to prove this argument one way or another. so i ordered two of these guns and a bunch of the pallets and he came up to my house and we decided we w

charles gaines on the origin of paintball. we will be back next month with more first—hand accounts of extraordinary moments in history. but for now, from me and the rest of the witness team, goodbye. good afternoon. for a while now we have been looking to the east for our weather but that is about to change into next week, the atlantic ta kes change into next week, the atlantic takes over. it will be wetter and windier. from the east we are getting a lot of cloud pushing into norfolk, but it favours parts of scotla nd norfolk, but it favours parts of scotland on this slow affair to see some sunshine. another glorious day in parts of highland scotland, whereas at the other end, the weather front has been giving rain into parts of southern england and the south of wales, the more persistent thread has been pushing across south west england, wales over the next few hours. still left with some showers, quite heavy at times along the south coast, and the isles of scilly, let us take a closer look at the showers dotted about this a

charles gaines on the origin of paintball. month with more first—hand accounts of extraordinaire moments in history. but now from me and the rest of the witness team, goodbye. hello. the week ended on a pretty gloomy note for many, and i'm not expecting things to brighten up spectacularly through the weekends. yes, some of us will see sunshine but many more will be stuck with cloud, it will feel chilly and for some areas, a bit of rain in the forecast. the satellite shows quite a lot of cloud streaming towards urban areas, this cloud is ready bringing some heavy downpours of rain across the south—west of england, even the odd flash of lightning and thunder, and we keep potential for wet weather across the south—west but perhaps across other southern counties of england as well as we go through saturday. uncertainty about how far north that rain will get. it looks most likely that it will say to the south of the m4 corridor. so if you are in the london area, the south midlands, you may see a little bit of rain, on balance it sh

the >> good to see you, charles, markets wiping out gains for 2019. single biggest day loss in three years on the back of trade concerns and also exacerbated by president trump's comments on saudi arabia. plunging as result of every oil stock that trades on s&p 500 down in the session. that is good for drivers filling up gas tanks for the this will holiday, national average at pump $2.61, $.20 cheaper than they were two months ago. tech drag continues, we call them the fangs, facebook, apple, amazon, netflix, google, bare market territory, down. the names run up so much this year, the markets are concerned future sales and profits may not justify expensive valuations, that is also the case for

the >> good to see you, charles, markets wiping out gains for 2019. single biggest day loss in three years on the back of trade concerns and also exacerbated by president trump's comments on saudi arabia. plunging as result of every oil stock that trades on s&p 500 down in the session. that is good for drivers filling up gas tanks for the this will holiday, national average at pump $2.61, $.20 cheaper than they were two months ago. tech drag continues, we call them the fangs, facebook, apple, amazon, netflix, google, bare market territory, down. the names run up so much this year, the markets are concerned future sales and profits may not justify expensive valuations, that is also the case for retailers who have had a fantastic year so far. kohl's and target reporting better than ever numbers. this as we head to black friday, supposed to be biggest shopping day of the year. americans are expected to spend more this year than last year. concerns in the markets are three-fold. talk about higher interest rates, trade tensions with china and corporate ear

they could even gain in the senate. charles unusual for people to vote against their own interests, own self interests, particularly when the facts are not known to kristin's point. these data points are never publicized. we know we're doing better in our own personal lives. people don't realize how great the entire country is doing? >> don't forget, that over 90% of the news coverage with president trump is negative. so americans need to do their own research. not only that, they are seeing it first-hand, charles. you rattled off great numbers earlier in the segment. americans, more jobs than there are people to fill them. that is very competitive. so it's a tight labor market. jobs, businesses are relaxing the rules. they're willing to train people. they're willing to take people, if you don't have a college degree, they're willing to invest in workers. they need work years taking non-violent felons. a lot of businesses don't even do drug testing anymore. >> that's correct. charles: there are a lot of people who are working r

liz: i know, charles, when you see a gain of 39 points for the dow isn't so dramatic, well, it is when you see where we were, down 224 points. breaking news, the president says it could happen. the u.s. and china could come to an agreement on breaking the trade war impasse when they meet in argentina saturday at the g20. that's what donald trump's top economic adviser larry kudlow said an hour ago at the white house. that's all it took to light a fire under the markets. ignoring the list of u.s. demands, kudlow then ticked off to actually reach such an agreement, all three indices pulled a u-turn, jumped into the green. the nasdaq is not quite there just yet for the moment, but the dow is up 34, s&p better by two. will china bend to those demands? bob wormax, former u.s. deputy trade representative, just got back from china. wait until you hear the level of discomfort the chinese businesses and government leaders he met with say they are in. >>> cybermonday ringing up record numbers for amazon and other online retailers, but thanksgiving and black friday, the turkey five as amazon call

liz: i know, charles, when you see a gain of 39 points for the dow isn't so dramatic, well, it is whenhere we were, down 224 points. breaking news, the president says it could happen. the u.s. and china could come to an agreement on breaking the trade war impasse when they meet in argentina saturday at the g20. that's what donald trump's top economic adviser larry kudlow said an hour ago at the white house. that's all it took to light a fire under the markets. ignoring the list of u.s. demands, kudlow then ticked off to actually reach such an agreement, all three indices pulled a u-turn, jumped into the

charles's charitable work ranges from organic farming all the way to alternative medicine and architecture. you know the royal family is riding high in the public's favor. camilla the duchess of cornwall is gaining more acceptance as the spouse of the future king and charles his sons and their families are hugely popular. that would be one hundred minutes who would think the british people give him the credit that his sons have turned out so great because that certainly wasn't self-evident given all of their traumatic history. that these young men turned out to be such great guys has a lot to do with prince charles and i said these from plans to charles. prince charles began celebrating his seventieth birthday in may at a garden party in london prince harry used the occasion to praise his father's social commitment. so. well i know you both but today don't worry about you you must be doing be what are the most life when i was younger. but instead i also everyone here to say here's thank you for your incredible work i did it to fifty years without losing jobs but very dry off to join me to wish you good prince of wales a very healthy six months ahead or a seventh year of how very royal. prince ch

>> charles, remember, looks as though republicans are gaining seats in the senate.ious vote over kavanaugh nomination, could be much less contentious with the new attorney general nomination. if the republicans have a pretty clear advantage in the senate, some of those marginal or very powerful senators such as susan collins and murkowski, who had a big say in the kavanaugh hearing, they will have less power over their single vote when it comes to the attorney general. it gives the white house i think a lot more flexibility. it also obviously gets mitch mcconnell a lot more ease in trying to push forward the new nominee. charles: we have miss at -- misy marris on the phone. this is news per se but landed with some ferocity here. the market stalled rally. people are scratching their heads, wondering what is next for this white house? who might the next attorney general be? >> there has been some possible successors that have been named. that includes retired federal appeals judge, janet rogers, transportation counsel steve bradbury. there are about five names floated

charles: art, maybe the market is getting the message. job reports, 3.1% wage gains, fastest in a decade. when we got the february 2nd report for january, 2.9%, it was a huge, market got clobbered, one of the biggest point losses for the year. not only did we see that, yields going back to levels that triggered massive selling in stocks. do you think the stock market is okay with the fed maybe doing its job, not derailing it, hiking as long as the data suggests it is okay? >> i think, your last sentence is exactly correct, charles. that is the main point. as long as data proves out the thesis that they should be doing what they're doing. they're desperately trying to press against a strong economy. get to a normal level. the real debate what normal is right now. some of us think that is 3 to 3.25. some people think it's a whole lot higher than that i tell you this, if the economic data keep improving they should keep on with the course. 2018 the first time they ever hit target in terms of number of times they wanted to raise. they never did it for five years. there i

>> charles, i got to say it, no pain, no gain. okay? now let me answer your question. i'm proud of you for the new slot you have. i don't believe the polls other than directional. some people in the media want to make you sound as if they are accurate and to the "t." no they're not. like you said, back in 2016, we, they should have learned their lessons. if you see a direction a.m. movement of several points that is something worth noting, say a race is statistically tied, this person is one or two votes, that doesn't mean anything. what is means is, the voters can't take anything for granted, especially republican and conservative voters. get out and vote. don't believe the hype. they're trying to make people feel like this is a slam dunk. there is no such thing as a slam dunk in politics. charles: that would explain really amazing hardcore press, president trump, blitzing the nation, trying to achieve one thing you are talking about, get out and vote, don't take anything for granted. >> the president is sating the example of not taking anything for granted. he didn't

. >> charles: a new congress taking shape as the democrats gain control of the house and republicansthe majority in the senate. will they be able to work together to get things done? some lawmakers talking of bipartisanship but can we really make it happen? >> that's a question for nancy pelosi or whoever picks up the gavel. if your house democrats right now, you basically have two call avenues to pursue. you can go the legislative route and get some work done in the house, but that risks increasing president trump's stock as a dealmaker. or you can go the investigative route, which i expect democrats to pursue, and unify the liberal base by the galvanizing approach from conservatives ahead of 2020. we are going to see a tone coming out of the house in 2020. >> charles: maxine waters making note, particularly anything associated with president trump, long before he became president, she wants to find out if jerry nadler, same sort of thing. you've got these older established democrats who have seen what's happened in the past, they know it's a risky political move, or the upstarts, a

charles payne. this is "making money." dow jones industrial average making gains early, trying to on another volatile day but the gyrations are in a tighter range. we do know all three major averages are on pace for a down week. analysis where you should be buying. some saying go with boring. it is better than sexy. president trump upbeat on china saying bejing wants to make a deal and further tariffs may not be needed. reported violence erupting as the first wave of migrant caravans arrive in tijuana, mexico, will this fuel the idea that president trump should have a border wall? should get funding for it. we'll ask former i.c.e. acting director tom homan. we'll go over that and much more on "making money." the dow, nasdaq, s&p on track to move lower first week in three. comments earlier this morning from theresa may. that erased about 150 point rally on the dow. then we had comments from president trump, positive comments on a potential china deal. that sent the stock market higher. here to break it all down, help to, max funds.com founder jonas pharis, and gary b. smith. gary, let me start with you. there seems to be a

charles: stocks rallying. the fed chair jay powell, came through pretty good here. making amend for the october 3 record speech. the question can we hold on to these gains? will this new volatility hurt the psyche of investors. stay with us. find out charles: all right. so with an hour left to trade t dow jones industrial average up 500 points. stock getting a lift from jay powell. now i think all eyes are going to shift, we have got retail numbers after the close but all eyes shift to the g20 meeting. i want to bring in the owner of stock switch, melissa arno and also with us, gary b. smith. we just had jeff saut on, some key numbers he was looking at really held up. he's talking 3,000 by the end of the year for the subpoe&p? >> by 2019, i think he said, right? charles: no, this year. >> i'm very bullish on the market, i believe there's a possibility between now and the next ten days we could have a lot more volatility. people are thinking after this good news today, we might have another steep dropoff. we might. then turn back around. charles: why the steep dropoff? >> because there's so much going on with this summit coming up. even though we had grea

there could be a surprise with less democratic gains, fewer gains for democrats than we are hearing in the polls. charlesa week ago, the dems started to try to curb anticipation of the massive blue wave. they gave up on the idea of taking the senate and started to be a little more cautious about this. i think michael hit the nail on the head. but having said that, what has changed? in other words, president trump is essentially who everyone thought he was when he ascended to the white house. the economy has gotten significantly better. you've got people who are working right now and do you put all that, if you just got a job, do you put that all to the side because you think occasionally, the president puts out a mean tweet or says something that makes you cringe or even legitimately might offend you? >> i think people ought to do an important thing when they vote today, and ask are you better off than you were two years ago. by almost any measure, gdp, employment, wages even, things are better now than two years ago. i think about tradeoffs. look, the economy is roaring. it's in great shape. we have a p

representatives projections suggest the democrats for gains that will see them resting back control of the chamber we can across live now to our charles old tell the political analyst joining us live here on the program to give us more insight into these crucial elections are charles good to see you the vote is seen as a basically a vote of confidence in trump as things stand what do the results say to you. well i think it's i would caution your viewers that it's very early now we're still counting votes in key in many key races and what we have here is an unprecedented situation where turnout rates are far higher in a midterm election than they have ever been in the recent history and so frankly we really don't know what's going to come filtering in from the rural districts and some of these east aides and so on the house side. particularly on the west coast races i would caution that it's going to take probably another three hours or longer before we really get to the bottom of some of these close races races out west in the senate what's really remarkable to me is the degree to which certain republican challengers example marsha bl

charles: kristin, are you concerned about the headlines, what it might do to slow the stock market or economic gainsve achieved? >> yes. i don't think we'll receive much progress on issues people care most b the despite the campaign slogans we saw about health care and migrant children, the democrats first priorities are very clear, obstructionism and more investigations. they are salivating over the potentially damaging headlines they think they can get ahead of 2020. i think, charles, they might move on impeachment. this is what their left-wing base wants. we know from midterm exit polling majority of democrats cast their vote as a protest against donald trump. but i do think nancy pelosi is smart enough to understand that as we move towards 2020, she is going to need some successes to point to. i think they will achieve easy things like infrastructure. who can oppose infrastructure spending? but big issues, those won't get done, immigration, health care, no way. charles: scott on that impeachment thing, nancy pelosi did tell the atlantic, she said, recognize one point, what mueller might not thin

charles schwab says u.s. rates could go higher. and turkish lira a little bit lower. four weeks of gains. inflation numbers disappointing.nna, good morning. anna: good morning to you. already, butt this this is just crossing the t's and dotting the eyes this morning, giving us the detail on that one. let's talk more about the markets. you've been through some of the big headlines, particularly pertaining to oil and other markets. i've got to fill in a few of those gaps. msci asia-pacific down .3%, mixed session in asia. point higher after tech stocks weaker friday. the pound against the dollar is weaker, down below 1.29 now. theresa may fight to keep her version of >> it alive. -- of brexit a life. dollar against the chinese currency, 6.95, floating around the seven level but not quite reaching it. we're holding onto the drop. no progress on trade talks, no change in directions post-midterms. that's the highlights. industrial production and retail sales coming out of china later this week. let's check in on the market picture in asia. yvonne man has that for us. she's in the studios in hong kong. yvonne: a bit of a holdi

charles payne. this is "making money." dow jones industrial average making gains early, trying to on another volatile day but the gyrationsr range. we do know all three major averages are on pace for a down week. analysis where you should be buying. some saying go with boring. it is better than sexy. president trump upbeat on china saying bejing wants to make a deal and further tariffs may not be needed. reported violence erupting as the first wave of migrant caravans

gain of, oh, 129 points we'll take it. a little off the highs. but not bad. s&p 500 closing out on positive territory up six. nasdaq fought but came up short. charles: who cares. connell: down by 11 points. melissa: i was trying to see the bright side of it this is "after the bell." first here is what is new this hour. more people coming out against nancy pelosi. a hand recounts begins in florida, keeping the balance of power uncertain in our nation's capitol. the race against the clock to meet the next deadline. and it is the return of an icon. beloved toy store, fao schwarz, do not tell my kids, it is back. complete with the famous giant clock tower and big dance floor piano, in time for the holiday shopping season. we're live on location in new york city. connell: that is cool to get fao schwarz back. the dow reversed early losses. it ends the day in the green. another day with renewed optimism of the possibility of a u.s. trade deal with china. we'll have you covered from washington to wall street on all of this. live to the floor of the new york stock exchange. even a stop in chicago for the action at the cme. first it is trade talk moving the

gain of, oh, 129 points we'll take it. a little off the highs. but not bad. s&p 500 closing out on positive territory up six. nasdaq fought but came up short. charles connell: down by 11 points. melissa: i was trying to see the bright side o

for a lot of the gains that we had prior to the october selloff in the nasdaq and the s&p 500, because they are just so big. that's why it's really taking a hit on the market. charles: technically, the way s&p breaks this down is that technolo technology, the big losers in addition to apple would be visa, believe it or not, paypal, microsoft. there's another sector called communications services. there you have facebook and netflix. they are more than 20%. then consumer discretionary, which amazon is more than 20%. so erin, you have just a handful of names and they weigh so heavily on the market. a few minutes ago i looked at consumer discretionary, all of them in the s&p 500 and half of them were up but just one big name masked all of that. >> yeah. that's the amazon. what we really fear, i wouldn't call it so much a tech wreck. for us it's really a growth wreck. it's all these big growth names that have been highly valued for the past, really the entire year, for all of 2018. these are the ones that are leading you down. if you actually look at the value index, across all different industries, that's actually pretty flat today, it's actually not down. and it was

charles payne. this is "making money." democrats regained control of the house without promised blue wave and so-called rising stars most who have gone home empty-handed. trump team notching big gains in the senate. we're all over the last night's midterms. combative president trump press conference he pulled no punches when it comes to the fake news media. i'm joined by republican congressman, sean duffy comin

gains yesterday. i tell you what, more see-saw actions with the markets yesterday. all the holiday sales over the weekend. it's tuesday morning and a bit of a sell-off. as charles payne will tell you, first minute of trading anything can happen. >> bill: i thought it was interesting last night when the "wall street journal" came out with the story about the tariffs, the interview they had with president trump. how to factor that in if you have a meeting with president xi in argentina. >> sandra: general motors news interesting as well. we'll talk about that all next hour. >> president trump: are we doing okay on the border, folks? not going to have it. you have to come into our country legally. [crowd chanting build that wall] >> president trump: we're not letting people into our country unless they come in legally. we want people to come in through merit. >> bill: there was the message. president trump sendsing a message to the migrant caravan on the stump in mississippi. the department of homeland security has 8500 migrants have made it to tijuana. national border control president brandon judd in a moment. first griff jenkins in tijuana. what's happening? >>