medtronics ceo bill george wl wh us to discuss all of that big show ahead don't go away.just any moving day. this is moving day with the best in-home wifi experience and millions of wifi hotspots to help you stay connected. and this is moving day with reliable service appointments in a two-hour window so you're up and running in no time. show me decorating shows. this is staying connected with xfinity to make moving... simple. easy. awesome. stay connected while you move with the best wifi experience and two-hour appointment windows. click, call or visit a store today. >>> big news day for health care pfizer and glaxosmithkline announcing plans to combine each of their consumer health businesses glaxo ceo joined "squawk box" earlier today. she discussed why this deal will create value. >> we've announced half a billion pounds worth of synergies that we expect to bring by bringing these two companies together so there is a significant value creation of that reduction of duplication but we are truly creating a world's lead er. >> in a very different part of health care, ge

the two names that are being down that we really like are united health group and -- and medtronic. is a very large insurance company, health insurance. they also have operations in optimum rx, optum. you've got the pbm that's growing market share you've got a data and analytical miss that's just doing great you've got a consulting business you've got a care delivery business in there, so optum has been a huge growth driver for united, and within united, you know, they -- they are -- united healthcare, the insurance part, they are doing very well in medicare, medicaid as for medtronic, fred talked about demographics of the aging population medtronic treats people with aging-related vp conditions. they do very, very well over hes and whether it's pain management and med tron six also acquiring a robotics company for their spinal implants. that's a real big leap forward in technology, and that's really where the innovation in that space is headed. >> we'll have to leave it there. we have 20 minutes left and big rallies, crossing 800 points on the dow. 864 now. >> really pocketing high

the changes include a moderate dance for which lights up when the kids dance on it, and and medtronictage show with its robotic hand, they are gone, replaced with live appearances by chuck e. cheese every hour. there's also a new logo and new furniture. no more tokens. now you'll be able to load a pay pass allowing kids to play as many games they want for the first time, so i have a bunch of tokens here. >> now parents can say hey, i want to come in for one hour. i want to go in and out, so we can kind of control how long they are here if they want to. >> amanda said there are new games, more prices, and a new food menu, and sometimes i guess i do not like change. >> when we were little, it was the height of extravagant to go to chuck e. cheese , and our eyes were glued to the carpet for any loose tokens. you felt like you found a $100 bill if you found a token by the ski ball machine. >> what am i going to do with all the tokens i still have? >> less than a week at the christmas day. >>> holiday shopping is heating up as you would imagine. this year many retailers icing the cash regi

a name we would like here, a name we do own is medtronic, a company which produces a lot of differentuality of life, and they are very good at pricing. their pricing structure has always been very fair. another name would be nestle, a global consumer company producing all kinds of food products. they are known for promoting safe and good working conditions and they have got very transparent policies in place to alleviate child these are companies we feel like with those objectives promoting physical and emotional well being. lauren: let me bring in kyle. extreme volatility certainly into the month of december. look into crystal ball. 1040 point gain on the dow. wally sized gains on nasdaq turn into equally sized losses tomorrow? >> volatility moves both way. we're seeing whipsaw price action. see it to the downside. we're seeing it to the upside. but let's continue news we got from amazon, news driven by consumer retail should kick us through until 2019. lauren: do you think, when kevin hassett said earlier fed chief jay powell was safe on the job, do you think that was the catalyst f

medtronic are trading at a deep discount to medical service and supply peers. a legendary name for growing dividends over the last several years. they have good relationships with hospitals, good i.t. protections that provide a moat. those are names for defense. alix: when it comes to cyclicals, we have seen so much flows out of etf cyclicals. where else is there value in cyclicals? what will offer you protection? if we see a downturn or we have a lot of volatility in washington dc, first hit is cyclicals. burns: when i think cyclicals, the ultimate is the industrials space. because of concerns of a trade war with china, industrials have priced in a recession so you're getting good valuations. lockheed is one place. another interesting place would be something like a united technologies. one of the themes is you have, they have otis elevators and air-conditioners and do a lot of the work in making aircraft. one of the key themes we look revenues0% of their are aftermarket service parts and things like that. that provides a good deal of stability you don't neces

two stocks that caught our attention in the health care sector, medtronic, and also tandem which pulled the rising 200 day moving average. those are names we are buying in now and stick with the health caretrade. >> i guess one of the questions is will it continue to be a market that rewards safety, defense and stable businesses like health care or not? >> i do, but i think it will be an interesting year. we are -- you want to get into defensive sectors for 2019, and health care fills that bill. but there are segments that will be growing next year, segments like biotechand quite frankly digital health care with congress starting to warm to it. there could be some growth stories in health care ultimately it is a defensive area and that's where you should be we think you should stick with something like health care for 2019 >> defensive area with long term trends in its favor. craig, gina, have to leave it there. for more trading nation, head to our website or follow us on twitter. >> mike, thank you very much. >>> the bond market fearing the fed, not just worries of rising rates. could