is that lionel richie? let's reopen the market. mr. richie, would you ring the 24/5 bell?e can, jim. ♪ trade 24/5, with td ameritrade. ♪ maria: welcome back what a volatility for the market now looking to the new year what can we expect out of 2019 after the last two months have wild swings i spoke with one of the countries leading money managers and here is what he said for the year ahead. >> we will continue to see volatility with the market and the fed geopolitical volatility will be here that will be a constant but in terms of rates with people expect these huge surprises anywhere between where we are now or five or three and a half percent i think maybe the curve oil steep and a little more in terms of equities so to still believe in the growth story to see a shift of allocations of the more tax base and the financials that start to creep up a little bit because of inflation. >> there should be at least three and 2019. . >> but how many rates? . >> the fed has to have a script and when we go off script we see the market lift up or down then we will anticipate what the

is that lionel richie? let's reopen the market. mr. richie, would you ring the 24/5 bell?/5, with td ameritrade. ♪ >>> welcome back to "options action." it's lime to look back at open trades earlier this month dan said the utility sector was heading into the danger zone. >> if you go back and look at a 20-year chart and look at the relative outperformance for a bit in utility stocks, the xlu, into the the past market corrections or market crashes, ultimately it follows suit not too long after either. when it was trading about 5 a.5 you could look out to march expiration by the march 5 a/49 put spread paying $1 for that. >> the xlu just had the worst week in a year dan what do you do with this. >> this is a pret judge consistent theme here looking for cheap volume and looking to see what what happens when it goes down. the stock is down -- or excuse me, etf down close to $2 worth double what you would have paid at 5 a.5. you stick with it. you have until march you have a really wide range of profitability to the downsrd targeting basically a move back towards 50 but remembe

is that lionel richie? let's reopen the market. mr. richie, would you ring the 24/5 bell?24/5, with td ameritrade. ♪ [ horn honking ] [ engine revving ] what's that, girl? [ engine revving ] flo needs help?! [ engine revving ] take me to her! ♪ coming, flo! why aren't we taking roads?! flo. [ horn honking ] -oh. you made it. do you have change for a dollar? -this was the emergency? [ engine revving ] yes, i was busy! -24-hour roadside assistance. from america's number-one motorcycle insurer. -you know, i think you're my best friend. you don't have to say i'm your best friend. that's okay. >>> welcome back to "options action." it's lime to look back at open trades earlier this month dan said the utility sector was heading into the danger zone. th >> if you go back and look at a 20-year chart and look at the relative outperformance for a bit in utility stocks, the xlu, into the the past market corrections or market crashes, ultimately it follows suit not too long after either. when it was trading about 5 a.5 you could look out to march expiration by the march 5 a/49 put spre

is that lionel richie? let's reopen the market. mr. richie, would you ring the 24/5 bell?trade 24/5, with td ameritrade. ♪ with a $500,000 life insurance policy. how much do you think it cost him? $100 a month? $75? $50? actually, duncan got his $500,000 for under $28 a month. less than a dollar a day. his secret? selectquote. in just minutes, a selectquote agent will comparison shop nearly a dozen highly-rated life insurance companies, and give you a choice of your five best rates. duncan's wife cassie got a $750,000 policy for under $22 a month. give your family the security it needs at a price you can afford. i've done all sorts of research, read earnings reports, looked at chart patterns. i've even built my own historic trading model. and you're still not sure if you want to make the trade? exactly. sounds like a case of analysis paralysis. is there a cure? td ameritrade's trade desk. they can help gut check your strategies and answer all your toughest questions. sounds perfect. see, your stress level was here and i got you down to here, i've done my job. call for a st

is that lionel richie? let's reopen the market. mr. richie, would you ring the 24/5 bell?24/5, with td ameritrade. ♪ i've done all sorts of research, read earnings reports, looked at chart patterns. i've even built my own historic trading model. and you're still not sure if you want to make the trade? exactly. sounds like a case of analysis paralysis. is there a cure? td ameritrade's trade desk. they can help gut check your strategies and answer all your toughest questions. sounds perfect. see, your stress level was here and i got you down to here, i've done my job. call for a strategy gut check with td ameritrade. ♪ >>> time to take tweets. our first you ask what do you think of selling coverage calls or on apple on the 140-strike. >> i like it because the options premiums are eed and the upside to muted and the downside muted as well good trade in this situation. >> next question is, could 2019 be the year to bet on beaten down commodities, especially in the dollar weakens carter >> i think that's a darn good bet. in fact commodities as aggregate start to exhibit certain

is that lionel richie? let's reopen the market. mr. richie, would you ring the 24/5 bell?im. ♪ trade 24/5, with td ameritrade. ♪ >>> welcome back to "options action." tts time to take a look back at the open trades. earlier this month dan said the utility is looking at danger. >> if you look at xlu, into the past market corrections or market crashes, ultimately it follows suit not too long after either. when it was traded at about 55.5 you could look at market expiration by the march put spread paying $1 for that. >> the xlu just had the worst week in a year so dan, what do you do with this >> so this is a pretty consistent theme we're looking for cheap vol and to see what is going to happen when this thing goes down. so this stock is down -- or the etf is down close to $2. this trade is worth double of what you would have paid for it when it was 55.5 and i think you stick with it. you have until march and a wide range of profitability to the down side and i'm targeting a move back towards 50 but remember when you have a double in a position like this, sometimes it makes s

is that lionel richie? let's reopen the market. mr. richie, would you ring the 24/5 bell?n, jim. ♪ trade 24/5, with td ameritrade. ♪ ♪ ♪ this holiday season, families near you need your help. visit redcross.org now to donate. ♪ ♪ ♪ ♪ the greatest wish of all is one that brings us together. the final days of wish list are here. sign and drive off in a new lincoln with zero down, zero due at signing, and a complimentary first month's payment. only at your lincoln dealer. at t-mobile get the unlimited plan with the latest phones included for $40 dollars! we're included? included! ♪ ♪ at t-mobile get the unlimited plan and the latest phones included for $40 dollars. feels so good to be included. ♪ there's no place likargh!e ♪ i'm trying... ♪ yippiekiyay. ♪ mom. ♪ >>> 1978. a mysterious stone box is unearthed in the egyptian desert. it contains what appears to be a biblical text written in an ancient language. no one yet knows what it says. >> it's like a cross between the maltese falcon and an "indiana jones" movie. >> this intriguing document enters the shady world of the ant

is that lionel richie? let's reopen the market. mr. richie, would you ring the 24/5 bell?♪ trade 24/5, with td ameritrade. ♪ >>> here on "mad money" we love to see families investing together often locking in a best in breed stock. we are kicking off this edition of mat tweets with cramamerican families first we hear from risko z >>> it is time rico z. hold up under pressure next we have a tweet from david. oft awesome game sat next to you and your dad of course i was a vendor at phillies sometimes we come across families that are cadre to the show and kids that have horse sense nobody is going to stump at pounds the poodle kid. >> aero electronics. >> facebook. >> mark zuckerberg. >> twitter. >> jack dorsey. >> and your favorite on the opening bell >> jim cramer. >> well that's it. that should be a show on its own. >> are accounting issues pretty much at some level of shadiness. or can honest mistakes be made the answer is, honest mistakes can be made and a lot of times my rule will keep you out of a situation where there is an honest mistake and then the stock takes off.

is that lionel richie? let's reopen the market. mr. richie, would you ring the 24/5 bell?/5, with td ameritrade. ♪ ♪ there's no place likargh!e ♪ i'm trying... ♪ yippiekiyay. ♪ mom. ♪ >>> the last minute shoppers trying to grab some deals before heading home leslie is live at the danbury fair mall this morning >> hey, carl that's right over the last few hour, we've started to see traffic really pick up here at the danbury fair mall in connecticut. a lot of people filing into the mall to get those deals and check the remaining items off of their shopping list before the festivities begin. about 7% of americans said they would still be shopping on christmas eve according to a recent survey from the national l retail federation chlgt we spoke with a lot of shoppers about what brought them to the mall this close to crunch time >> i got to do some last minute shopping for my family >> last minute shopping. >> super last minute my first time shopping >> i shop my best when i'm under pressure >> last bit of shopping. >> why last minute >> everything's last minute. >> the men, the

is that lionel richie? let's reopen the market. mr. richie, would you ring the 24/5 bell?an, jim. ♪ trade 24/5, with td ameritrade. ♪ >>> the president makes his first trip to a war zone. he said iraq could be useds as base to syria. >>> wall street with the record rebound. dow stops its slide with the biggest point gain ever. >>> whatever it takes. i mean, we will have a wall. we will have safety. we need safety for our country. >> the president vowing to stay the course. no wall. no deal to fund the government. >>> a new jersey school district standing up for a varsity wrestler forced to chop his

is that lionel richie? let's reopen the market. mr. richie, would you ring the 24/5 bell?can, jim. ♪ trade 24/5, with td ameritrade. ♪ and the army taught me a lot about commitment. which i apply to my life and my work. at comcast we're commited to delivering the best experience possible, by being on time everytime. and if we are ever late, we'll give you a automatic twenty dollar credit. my name is antonio and i'm a technician at comcast. we're working to make things simple, easy and awesome. had nique been abducted, or had she run off as her husband matt suggested and run into trouble. dennis murphy returns with "the house on sidney's cove." >> by the time searchers found nique leili's body, police detective brad everson already knew bits and pieces of her life story. he had been working her case since she was reported missing a few days earlier. >> i had already talked to her dad, talked to her mom, talked to both her sisters, you know, >> yes. yeah. >> this is not the first time she has run away, okay. but she has never been gone overnight. >> in this telephone call wh

is that lionel richie? let's reopen the market. mr. richie, would you ring the 24/5 bell?e can, jim. ♪ trade 24/5, with td ameritrade. ♪ ♪ 'cause no matter howe hofar away you roam ♪ ♪ ♪ if you want to be happy in a million ways ♪ ♪ for the holidays you can't beat home sweet home ♪ (sighs) i hate missing out missing out after hours. not anymore, td ameritrade lets you trade select securities 24 hours a day, five days a week. that's amazing. it's a pretty big deal. so i can trade all night long? ♪ ♪ all night long... is that lionel richie? let's reopen the market. mr. richie, would you ring the 24/5 bell? sure can, jim. ♪ trade 24/5, with td ameritrade. ♪ blake: we're starting to feel this now after we get out of the christmas break as those government workers need to go back on the job. half of 800,000 will not be working until all of this is figured out. the commerce department among those saying you will feel effects because they will not releasing certain data, including data on housing, potentially even gdp numbers, et cetera, depending on how all of this plays out, ov

is that lionel richie? let's reopen the market. mr. richie, would you ring the 24/5 bell?im. ♪ trade 24/5, with td ameritrade. ♪ at booking.com, we can't guarantee you'll good at that water jet thingy... but we can guarantee the best price on this hotel. or any accommodation, from homes to yurts. booking.com booking.yeah shaquem get in here. take your razor, yup. alright, up and down, never side to side, shaquem. you got it? come on, get back. quem, you a second behind your brother, stay focused. can't nobody beat you, can't nobody beat you. hard work baby, it gonna pay off. you got this. with the one hundred and forty-first pick, the seattle seahawks select. alright, you got it, shaquem. alright, let me see. >>> any favorite week of the year this year was as usual, the week i spent delivering desks to schools where the kids have never seen desks and providing scholarships for girls to attend high school where public high school is not free. we do this through the kind fund, kids in need of desks. a partnership i created with msnbc and unicef. when i began doing this show

is that lionel richie? let's reopen the market. mr. richie, would you ring the 24/5 bell?ade 24/5, with td ameritrade. ♪ >> welcome back. i'm david and for lou dobbs. the president has arrived in germany at the air force base. he is expected to hold a few meetings before he leaves. we'll keep you updated on developments. moving out to the federal government which is in the middle of a partial shutdown. the house and senate are scheduled to meet tomorrow afternoon. no legislative business is scheduled. where do we go from here? try to me now is gina, a member of the media advisory for we also have mark with us. happy new year to both of you. >> happy christmas and new year. >> david: we just mention the president on his trip to iraq. he just destroyed another media myth. that he's afraid to go into a war zone. you think they will acknowledge that at all? >> no. not only is he not afraid to go into a war zone, he even took our beautiful and courageous first lady. when you hear him describe going in at night and all darkness, you realize it was a courageous move. while the ne

is that lionel richie? let's reopen the market. mr. riyou ring the 24/5 bell? jim. ♪ trade 24/5, with td ameritrade. ♪ >>> the market reversing early gains after getting a boost from new york fed president john williams the nasdaq still on pace for the worst month since 2018 faang numbers having a rough december, including amazon down 15% so far this month. joining us to talk about it, gene munster gene, it seems that for most of faang, maybe set facebook aside, it has been the same story with what's going on at the companies and maybe the fundamentals and market deciding to put a different valuation on the fundamentals is that the case and what may change about that preference into 2019? >> well, i think there will be a split in the faang i think you'll see outperformance from companies like apple, google and the other ones, but fundamentals have changed slightly if you look at the near term fundamentals specifically, this is setting aside all that's going around data privacy and push back on social setting. all of that aside, growth rates are starting to slow

is that lionel richie? let's reopen the market. mr. richie, would you ring the 24/5 bell?ade 24/5, with td ameritrade. ♪ she met some of the biggest challenges of our time and we have made a great and lasting difference in the trajectory of this country. we began a historic rebuilding of our military. the regulatory reform. the long sought expansion. to be all it by the new energy dominance after years of doubt years of the cynics say it cannot be done we achieved the first major overhaul of our tax code in 31 years. >> that was outgoing speaker paul ryan. he is retiring after 20 years in congress the last three as speaker of the house. our panel is back with a look at the legacy mysteries of the hundred 16th congress. let me ask you. mitch mcconnell said that this is the best congress for conservative reform in his lifetime do you agree with that? >> i do agree with that. even though there were disappointments along the way. and the failure to repeal obama care. i think it really is his top legacy that is what he wanted to accomplish. that's why he came to town and wanted

is that lionel richie? let's reopen the market. mr. richie, would you ring the 24/5 bell?im. ♪ trade 24/5, with td ameritrade. ♪ >>> much of the northeast will see a soggy and rather mild end to 2018. cnn meteorologist, chad myers here with your new year's eve forecast. a little wet out there in new york today. >> yes, very much. every one in times square will look like john berman in a hurricane. it will rain from 6:00 all the way on. it's already raining across a lot of the ohio valley. we will see severe weather, and potential tornadoes in the yellow area today. rain into new york already, but thunderstorms moving into birmingham and montgomery and even into atlanta, georgia, by 9:00 or 10:00. that's a lot of people outside with lightning in the air. it won't be lightning for new york, but there are no holes in this radar. there will very few breaks for rain, but it will be warm. over 65 in atlanta at the ball drop or peach drop that we have here in atlanta. it feels like -- in new york city, it will feel like 46. last new year's it felt like 5 below, 50 degrees warmer

is that lionel richie? let's reopen the market. mr. richie, would you ring the 24/5 bell?, jim. ♪ trade 24/5, with td ameritrade. ♪ ♪ >> shannon: it is time now for "night court." another rocket docket, we'll try to get through shannon: another rocket docket, first of the guatemalan family suing universal theme park in orlando, they say their need to be more bilingual signs, 38-year-old father died of heart attack after riding through the skull island attraction, the family said the signing was warning the ride through king kong's natural habitat, people with heart conditions shouldn't risk it, there wasn't a sign in spanish. the other case, new york times suing account when you court with the right to curse at players and flip them off. they say their first amendment rights were violated by five police officers after they flipped off giants players and told them they blanking suck. these are giants fans, they were angry their team was losing, you are the jury. marjorie and david bruno, thank you for joining us tonight. we just showed a little video. they were at the game,

is that lionel richie? let's reopen the market. mr. richie, would you ring the 24/5 bell?th td ameritrade. ♪ ♪ ♪ ♪ jon: small businesses represent 99.9% of all u.s. businesses, and only about 1 in 12 small businesses will fail every year. so what's the key to finding success? let's ask mike lindell, creator of my pillow. mike, good to see you, happy new year. >> great to be here. jon: you know, mike, i am very curious about your story. and when i looked at your ten elements to success, there were three that really caught my eye. the first one was make every employee valued. very powerful, and a lot of employers don't list that as one of their top ten. are you close to all your employees? are you very engaged in their purpose every day? >> absolutely. i view every employee like my only employee, and i go back in time where what i would like as an employee. so if you put yourself in their shoes, that's what i do. i have 1600 employees and about 500 of them have my direct phone number. so they can call me anytime, and we've -- even though i've gotten so large, i still view us

is that lionel richie? let's reopen the market. mr. richie, would you ring the 24/5 bell?trade 24/5, with td ameritrade. ♪ >>> how do you model a lawsuit right now we've good five situations where lawsuits are or could be front and center, qualcomm versus apple, johnson & johnson versus myriad users, the prosecution of goldman sachs for fraud, the district of columbia has announced a case against facebook over the cambridge analytica scandal and the serious possibility of litigation against -- let's take them one by one starting with qualcomm versus apple. this patent dispute has devastated apple's stock more than anything else qualcomm's got a chinese judge in some low level court to rule in their favor banning sales of every iphone frts 6s to the x or the 10 as they call it why does that matter if you look at the chinese chart, if the party wants to crack down on apple, which is certainly a possibility given the trade war, that's bad news that's why this lawsuit is more important than the federal suit that's going to be tried early next year in san diego apple doesn't wa

is that lionel richie? let's reopen the market. mr. richie, would you ring the 24/5 bell?e 24/5, with td ameritrade. ♪ >>> welcome back. tonight, according to one potential presidential candidate, every democrat that runs for the white house in 2020 needs to have a definitive plan to combat climate change. that's what michael bloomberg told chuck todd in an exclusive interview. take a listen. >> any candidate for federal office better have a plan to deal with the problem that the trump science add vierzs say would end this world. >> is that fair if you run for president all your policy proposals will be through the lens of -- >> the presidency is not an entry level job. we have real problems. if you don't come in with real concrete answers, i think the public is tired of listening to the same platitudes that they get. we're in favor of god, mother and apple pie and i'll have plan when i get there. no. you have to have a plan. i will be out there demanding that anybody that's running has a plan. i want to hear the plan and everybody to look and say whether it's doable. >> y

it was easy as sunday morning in the words of lionel richie. i'm going to tell you why. if obama would have invited me, i would have done the same thing. and so to me george bush, obama, donald trump to me there is a continuum where i advocate for what i believe policies that are critical to the collective american community and to latinos and to the people of faith. and then i walk away from washington, d.c. i don't drink the partisan kool aid. >> it's an occasion of state and you felt that you were there to lift up your own words. >> not my words. quite the opposite. the opposite drove me. 1.1 billion people watching around the world and i have the chance to preach the gospel to 1.1 billion people and lift up the name of my lord jesus. >> how did you decide what you were going to pray at the inauguruation? >> it will seem interesting. i prayed and fasted. i had people around the country. i wanted to reconcile the country. i believe the lord drove me to matthew chapter 5. let us be light. blessed are those, the poor, marginalized. that message of unity and reconciliatio

is that lionel richie? let's reopen the market. mr. richie, would you ring the 24/5 bell?, with td ameritrade. ♪ and then, more jobs robegan to appear.. what started with one job spread all around. because each job in energy creates many more in this town. >>> i guess they've been listening to me a lot more. hillary clinton -- >> in the trump era, this is the president's briefing room. >> i want to just tell you something. >> the president has taken the stage with him. and he treats rooms that are not the briefing room as the briefing room. >> thank you, everybody. >> president trump often answers questions en route to his chopper or at the end of oval office events. >> thank you. thank you. >> i may, i may. i'm not sure. >> in june, he even did 20 minutes of q&a on the front lawn of the white house. >> everybody's walking backwards, asking him questions. i've never seen a president do an interview on the front lawn, ever. >> of course, president trump's favorite place to brief -- >> the president every morning has his own daily briefing with no one there, on twitter. >> m

is that lionel richie? let's reopen the market. mr. richie, would you ring the 24/5 bell?jim. ♪ trade 24/5, with td ameritrade. ♪ ♪ ♪ ♪ move to the enterprise-grade cloud that's built to handle all your apps. ♪ ♪ the ibm cloud. the cloud for smarter business. a new way to save on travel. now when you book a flight you unlock discounts on select hotels that you can use up until your trip starts. so whether you want to go out, stay in, or be in the middle of it all... add the perfect hotel when you're ready, and save. add on advantage. only with expedia. i've done all sorts of research, read earnings reports, looked at chart patterns. i've even built my own historic trading model. and you're still not sure if you want to make the trade? exactly. sounds like a case of analysis paralysis. is there a cure? td ameritrade's trade desk. they can help gut check your strategies and answer all your toughest questions. sounds perfect. see, your stress level was here and i got you down to here, i've done my job. call for a strategy gut check with td ameritrade. ♪ ♪ ♪ put your data to w

is that lionel richie? let's reopen the market. mr. richie, would you ring the 24/5 bell? with td ameritrade. ♪ >>> the new year is now just over six hours away here on the east coast. new york city is gearing up for its big celebration. let's bring in cnn national correspondent miguel marqez. miguel, you are there with a bunch of committed people and i know authorities are doing everything they can to make sure they stay safe. what are you seeing? >> reporter: yeah, this is exactly the situation. so there are tens of thousands of people. that's the main event down that way and this is the reason police are here, to protect all of the people who are here. it is a massive, massive effort. you can see on every corner here the number of police officers. literally, this is 7th avenue where it comes together with broadway and all the way up 7th, you know, even tens of thousands or more. they're expecting more than two million into the area although the rain may keep some away. the rain has already quashed one plan of police, which was to have drones up for the first time this y

is that lionel richie? let's reopen the market. mr. richie, would you ring the 24/5 bell? trade 24/5, with td ameritrade. ♪ >>> this year, you could barely go a day without hearing his name on tv or in the papers. never speaking in public, only showing us glimpses of his work through filings and indictments. robert mueller has had quite the year. to remind you of everything the special counsel's uncovered, here's a look back. >> we begin with breaking news. bob mueller issuing the first indictments of the russians interfering in the 2016 election. >> special counsel unsealing an additional 32 counts against former trump campaign chairman paul manafort and his aide rick gates. >> the fbi has raided the office of donald trump's longtime lawyer michael cohen. >> trump's former campaign chief paul manafort has been hit with new charges involving witness tampering and obstruction of justice. >> robert mueller charged 12 russian military officers with a sustained wide-ranging cyberattack on this country's democratic process. >> one-two punch. the president's men guilty. a jury c

is that lionel richie? let's reopen the market. mr. richie, would you ring the 24/5 bell?/5, with td ameritrade. ♪ lauren: all right. let's show you the big board. the dow up 921 points. it was up at one point almost 1,000 points today. that is a gain of 4.25%. after falling into bear market territory back on friday, we're looking at the nasdaq now and dropping another 140 points on christmas eve alone, that was on monday, the tech sector is leading today's market rally. the nasdaq is currently up 5% to the upside right now at 6503. many of the tech titans that we like to watch every day, facebook, amazon, netflix, they are in bear market territory. what does this mean for the sector in 2019? let's bring in colin gillis with ch ch chatham road partners with his outlook for the new year. what do you think? do you have hopes for the popular tech stocks, facebook, amazon, netflix, alphabet? >> absolutely. the key to remember is fang is not down and out. there are still ample opportunities to make good investing decisions but we will get volatility, 2019 will be the year where

is that lionel richie? let's reopen the market. mr. richie, would you ring the 24/5 bell?th td ameritrade. ♪ >> heather: as 2018 comes to an end, many are hoping the new year brings a positive conclusion to trade tensions between u.s. and china. amid the turmoil, the dispute has sparked in global markets, the u.s. is asking beijing to add more details to a host of recent trade proposals. president trump sounding optimist take tweting just had a long and very good call with president xi of china. deal is moving along very well. if made, it will be very comprehensive covering all subject areas and points of dispute. big progress being made. >> eric: dna testing kits are growing more and more popular as people want to learn more about their ancestry. genetic technology is being used by law enforcement to investigate cold cases. there are no laws regulating their use and some legal experts raising privacy concerns about that. how beneficial is tracking a forensic family tree if you do that? does it cross privacy lines when it comes to law enforcement? morgan wright, a fellow a

is that lionel richie? let's reopen the market. mr. richie, would you ring the 24/5 bell?ade 24/5, with td ameritrade. ♪ or they could agree to a larger funding bill that would last through the end of the fiscal year but keep the funding for homeland security unchanged. right now that option is the one that looks most likely that's why we'll go into shutdown day eight back to you. >> lasting long time thank you. >> up next feeling stressed the markets have got you feel o t ereld he an interesting slus for you with a level of protection in down markets. so you can be less concerned about your retirement savings. talk with your advisor about shield℠ annuities from brighthouse financial, established by metlife. you should be mad at leaf blowers. [beep] you should be mad your neighbor always wants to hang out. and you should be mad your smart fridge is unnecessarily complicated. but you're not mad, because you have e*trade which isn't complicated. their tools make trading quicker and simpler. so you can take on the markets with confidence. don't get mad. get e*trade and start

is that lionel richie? let's reopen the market. mr. richie, would you ring the 24/5 bell?e can, jim. ♪ trade 24/5, with td ameritrade. ♪ >>> an almost 800 point turn around the dow is two-thirds of of a percent higher nasdaq in positive territory as well up next, dan niles says the late-day surge could continue from here. he'll tell us why after the break. >>> two more trading days left yesterday tweeting from christmas to year end the s&p average of 2.2% returns. should we expect to see more upside than that in the last two days he joins us now. thanks for joining us. extraordinary turn around we have seen in the market in the last hour and a quarter or so. do you expect it to carry through for the last two trading sessions >> yeah. i think it's a tough call over the next two trading sessions. when we put that tweet out yesterday morning our view was the market is down 19% it is the worst start to a fourth quarter since the great depression and through 1987. there had been only seven worse times in history things are really bad right now but i think we can agree it is not

is that lionel richie? let's reopen the market. mr. richie, would you ring the 24/5 bell?♪ trade 24/5, with td ameritrade. ♪ with a $500,000 life insurance policy. how much do you think it cost him? $100 a month? $75? $50? actually, duncan got his $500,000 for under $28 a month. less than a dollar a day. his secret? selectquote. in just minutes, a selectquote agent will comparison shop nearly a dozen highly-rated life insurance companies, and give you a choice of your five best rates. duncan's wife cassie got a $750,000 policy for under $22 a month. give your family the security it needs at a price you can afford. >>> for our etf spotlight, looking at transport, the i shares transportation etf, that's ticker iyt, is down 10% in the last month alone under pressure today with its biggest holding fedex weighing down the group. shares of fedex sinking on pace for its worst day in ten years, down almost 10%. morgan brennan joins us on set with details >> this is a big move. looking at a one-month chart, fed sex the worst performer for that time period as well, down more than 25

today, the onendnl tyler perry, plus lionel richie, katy perry, and luke bryan in an appearance you won'tnext on "live." and now, here are kelly ripa and ryan seacrest. >> ♪ make 'em go oh, oh, oh ♪ as you shoot across the sky >> ryan: hello. [cheers and applause] >> ryan: hi! hey. >> kelly: hey. thank you. >> ryan: good morning. >> kelly: oh, my. >> ryan: well, thank you, thank you, thank you very much.

is that lionel richie? let's reopen the market. mr. richie, would you ring the 24/5 bell?on, families near you need your help. visit redcross.org now to donate. >>> and now with the conclusion of ransom. gray has pleaded not guilty, everyo even though investigators consider gray as the victim to the surprise of many, he decided to standby his wife. two months after her arrest, reid appeared on the "today" show. >> it has been a roller coaster. she was the master mind of this and you have no choice but to believe that entirely at that point. i believe in my heart she was kidnapped. >> her mom also stood behind her saying jasmine was the one to blame and not quinn. >> she was just manipulated and her mind snapped. >> you believe she's telling the truth? >> absolutely. >> the fbi and the sheriff did not. >> well, they don't understand what can happen to a person who has a mental illness. >> gayle sykes says her daughter suffers from deep depressions and manic disorder. >> she was having manic episode and she thought she's going to die. she was in a fragile situation. >> quinn

is that lionel richie? let's reopen the market. mr. richie, would you ring the 24/5 bell?e can, jim. ♪ trade 24/5, with td ameritrade. ♪ >>> as the selloff continues, many are asking whether the rise of index funds has anything to do with the volatility we're seeing and whether we're in a passive investing bubble we want to first talk about these markets in this context. so jan, i'll kick it off with you. what do you make of this whip saw action, the fact we're at 15-month lows in the s&p 500 >> well, i mean, all of these are super painful, but i look at this as a multiyear drama that's playing out. so we had ten years up, central bank expansion in the u.s. everything was going one way now it's not unfortunately, we're still in the early innings, i think, of central bank tightening, if you add in the ecb to the fed and the bank of japan. >> and it sounds like the ecb and bank of japan are going to be a long way off. could this be a long game in terms of the pain we feel from tightening around the world? >> it has to be really slow. i think the ecb wants to make it slow bec

is that lionel richie? let's reopen the market. mr. richie, would you ring the 24/5 bell?with td ameritrade. ♪ unstopand it's strengthenedting place, the by xfi pods,gateway. which plug in to extend the wifi even farther, past anything that stands in its way. ...well almost anything. leave no room behind with xfi pods. simple. easy. awesome. click or visit a retail store today. high of the day if we stay on this graphic long enough you might see so many buying up 300 just hold on buy something so -- okay. we're up 298 points another 23,800 that's a winning market and here are the dow stocks which are the biggest winners, beauinging up 4.5%. j&j coming back nicely. goldman is up 2%. walgreens is up. apple is up. those are the dow winners. now look at ford they're focusing on pickups, a pickup truck -- our own gary drove the new ford ranger and he's here to tell us how it was. now first of all, they abandoned ranger about ten years ago didn't they and now brought it back with gnaw model you drove it do you like it? >> 2011 they foundation on f series truck that work out for

is that lionel richie? let's reopen the market. mr. richie, would you ring the 24/5 bell?, jim. ♪ trade 24/5, with td ameritrade. ♪ . . meeting the increased demand for lithium, an estimated 800,000 tons per year by 2025, requires an innovative approach. our approach employs the best analytical tools that can be applied. the smackover formation in southern arkansas may hold one of the most significant lithium resources globally. the key to unlocking this resource lies in deploying advanced lithium extraction technologies and standard lithium leads the industry in the application of these processes. learn more at standard lithium com. charles: six hours of trading left in 2018 until 2019. worried about nasdaq. all the green arrows, mostly associated with progress on a trade deal with china. perhaps happening real soon. facebook down 24%. more backlash how it deals with so-called hate speech. we'll deal with that the "bird box" movie is huge. 45 million accounts watched this. what does that mean for the overall future of movies? >>> there is this. 2019 in north korea. a scen

is that lionel richie? let's reopen the market. mr. richie, would you ring the 24/5 bell? jim. ♪ trade 24/5, with td ameritrade. ♪ charles: checking the big board. the dow is now off 10 points or so we were up 280 points at the high of the session. look at visa. the by the way the s&p considers this a technology stock. good news, top gainer. mastercard got an up grade this morning. >>> president trump digging in saying he will keep the government shutdown until he gets his worder wall. roll tape. >> i can tell you it is not going to be open until we have a wall, a fence, whatever they like to call it. i will call it whatever they want but it is all the same thing. it's a barrier from people pouring into our company, into our country. charles: he made these comments on the same day a 8-year-old boy died in u.s. custody at border. i want to bring in nelson bolito, border and commerce security council. nelson, we know it's a tough, tough issue all around and gets even tougher with the death of a child that is being reported. where are we right now with respect to the border a

is that lionel richie? let's reopen the market. mr. richie, would you ring the 24/5 bell?ny remaining disease. no word on when justice ginsburg will be repleased. >> >> rick: the partial government shut down set to last at least until thursday when the senate is back in session. it could go on much longer. neither side is budging on funding for president trump's border wall. let's bring in democratic congressman john garamendi of california. merry christmas eve. >> merry christmas and all our listens. >> rick: argue that you have can't have border security without a border wall or border fence. >> actually, you need to do many, many things to have border security. and certainly fences and walls, much which which already exist. much of needs to roob pea pairebe repairedand extended. we need to improve the ports of entry as well as the coast guard's action off in the ocean surrounding the united states. all of those things are part of the large puzzle and add into that a big ghost of immigration reform. >> rick: if you agree walls need to be improved and extended why can't y

is that lionel richie? let's reopen the market. mr. richie, would you ring the 24/5 bell?ade. ♪ ashley: check the big board for you. well, the air is coming out a bit more. we were up more than 300 points. still up 180 points and above 23,000 on the dow. >>> now to your money. yesterday, steve mnuchin was asked about high frequency trading. take a listen. >> i am completely. i think that with the advent of computerized trading which has such a big part of the market now, combined with the voelker rule where you can't have market makers commit capital, you just have much bigger moves in both directions. i think clearly you have a situation here where the market has overreacted to the fed's comments and you see program trading taking over. ashley: there you have it from the secretary. come in ryan welsh. you heard what mr. mnuchin had to say. is it driving the markets, these high frequency trading, these computer programs, the algorithms, is that the problem for the volatility? >> yeah, i think so, absolutely. look, you said it earlier in your show, these algorithms will loo

is that lionel richie? let's reopen the market. mr. richie, would you ring the 24/5 bell?/5, with td ameritrade. ♪ ♪ there's no place likargh!e ♪ i'm trying... ♪ yippiekiyay. ♪ mom. ♪ >>> some quick headlines right now. utah is enforcing the nation's strictest drunk driving law. starting today the new blood alcohol limit is 0.5. that means the average person can drink two beers and that's it. the national limit is 0.08. >>> and the california dmv issues more than two million real id cards that do not meet federal standards. instead of asking applicants for two document to prove their residency, they only asked for one. interesting. the dmv says those impacted will not need new cards and they're vowing to fix the issue moving forward. we'll see. pete? >>> welcome back. well do you give your kids an allowance? a new survey finds that kids age 4 to 14 maij an average of $434 per year from allowance which breaks down to 8.74 a week. is that the right amount or is it too much? >> here with his take within author of "the opposite of spoiled." so ron, i have eight kids. i do not

is that lionel richie? let's reopen the market. mr. richie, would you ring the 24/5 bell?, with td ameritrade. ♪ chicken! that's right, chicken?! candace-- new chicken creations from starkist. buffalo style chicken in a pouch-- bold choice, charlie! just tear, eat... mmmmm. and go! try all of my chicken creations! chicken! ♪ pete: welcome back. couple of quick headlines for you. mark zuckerberg says fixing facebook is, quote, more than a one year challenge. in a post zuckerberg insists the company has made progress on fighting fake news, election interference and protecting user data. this coming on the same day that the "new york times" released a report about the social media giant's, quote: secret rule book for political speech which leads its to our second story. the renkd franklin graham is calling out that facebook rule book. he claims they banned him for 24 hours over a post from two years ago supporting north carolina controversial bathroom bill. the post apparently violated their, quote: community standards on hate speech. i have a lot of thoughts on that and so d