joining us now, pro traders alan knuckman and jared levy. good morning guys. round one: certainty of uncertainty? won't there always be some level of uncertainty in the world? should that really hamper hiring? > > it's an excuse. it's a cost-cutting excuse. why hire people, why pay for that? and a good example of not hiring because of technology is, look around the exchange. there used to be 10,000 guys in the pits. guess what? they trade on a screen now, and that has changed the employment picture. > > there are different times of uncertainty. if you are in a plane and the pilot's uncertain he can land safely, you are going to have a different concern than if there's uncertainty whether you're going to get your coffee or maybe some tea. > > i am not completely certain my tooth isn't going to get knocked out, but i still brush my teeth. > > but again, it's how much danger is looming, and right now, the danger that's looming is still a little bit more uncontrollable. > > sky is falling! sky is falling! sky is falling! > > round two: high commodity. what's likel

joining us for traders unplugged, pro traders alan knuckman and jared levy. good morning guys. round one: election reaction realities. did the market immediately sell off because president obama was re-elected? > > let me hear this one, alan. go ahead, tell us. > > absolutely, positively not. this was a sell-the-fact-type exit for a lot of people. it had always been priced in that obama was going to win. we're going to have a democratic senate, democratic president, and republican house. so nothing has changed. and guess what happened the last time nothing changed? the market was up over 100% over the last four years. > > here's what really happened. starting back in late of last year, you saw the chances for a republican candidate begin to rise, and it actually heated up here over the past couple- > > never got above 50% in the last year. > > hold on the sec, i'm going to talk. the s&p rallied about 215 points in that period of time. we lost about 3-4% over the past couple of days, and i think if you just look at it, if you just look at the futures reaction to what happened wi

joining for us for traders unplugged, pro traders alan knuckman and jared levy. round one: taking flight. millions of americans are boarding jets this season for the holidays. which airline stock is ready for lift-off? > > i look at this in a couple of different ways. i have never liked airline stocks because it's- > > tough sector. > > you have a tough sector, you have gasoline prices to deal with, and obviously you have the ebb and flow of the consumer. i think the place to look here are the booking sites, the pricelines, the expedias of the world. those are always, i think, going to prosper, where people are looking for cheap flights- > > and guess what, they don't have to pay for a plane, and they don't have unions to deal with, pilots and so forth. i like boeing. i think boeing is doing some amazing cost-cutting things. yes, there is concern about the defense industry retracting or not growing as fast as people have thought, but they are looking to bank about $4 billion in cost- cutting savings. they are laying off 30% of the middle managers. so guess what,

jared levy weighs in with tracy and ash. that is up next on fox business. stick with us.shley: good afternoon, everybody. i'm ashley webster. tracy: i'm tracy byrnes. stocks are losing their grip on the gains we had as we enter the last two hours of a brutal market, coincidentally happened the same time our president spoke. hmmm. the dow headed for third straight losing week of the nasdaq hasn't gained the past five weeks at all. ashley: the turnaround came after president obama claimed american voters endorsed his plan to raise taxes on the highest earnings. with the clock ticking toward a fiscal cliff, will they get down to work? tracy: i don't know. long gas lines in line for new jerseyians, we should put that in the script. we're talking with one new york official who used to work in the white house situation room. he is outraged. ashley: some people not getting power back until next tuesday. tracy: that is jersey. ashley: ray hennessey told me that. that is awful. stocks as we do every 15 minutes. sandra smith at the new york stock exchange. sandra, we're flat but st