Stand, Dow Jones Industrials, listen, at the highs of the session, up 245 points, now its 228 for the Dow Jones Industrials. Nasdaq better by 73, 2. 5 , a huge move for them, and s p 500 up nearly 2 . I want to quickly check dow numbers here, all dow stocks in the green now. In terms of breath, doesnt get better. All 30s higher. That translates to the rest of the market, broad participation in todays rally beginning with financials which were the big winner last year; right . Its the trade that keeps on giving, financials, top performers for 2012, and today, no different. Bank of america, up more than 100 last year, and its now tacking on another 3 at the moment, and, remember, the stock was 5 a year ago. 5, and now at 11. 95, and warren buffet butting putting in an investment, and jpmorgan up, and Goldman Sachs up 2. 25 . Cannot ignore apple which get into bear market territory last year, and everybody flipped out. Is that if for apple . No, jumping 3 at the moment, bouncing sharply, and you tack that on together, and its a good move. Hovering around 500 last thursday, see that now . 547 and change. Hp, my goodness, the company struggled last year, a fox business exclusive with whitman saying we are just partway into a long term recovery for the company. At the moment, better by nearly 5 , and money flowing into hp, stocks where you take the worst performance of 2012, buy them in 2013 because of the yield. Hp with a 4 dividend. Intel did not do well, and second half starting the year off on the right foot, and its better by 2. 75 . Whats not working today . Anybodys getting hit who is long volatility, getting crushed. The vix plunging at the moment. Double digit percentages here. Keep in mind, the fear index as its known, was north of 20 just five p months ago, and just a few days ago, looking where it is now, 15. 23. The fear gauge coming dramatically down based on the idea theres calm and order in washington. We had traders short on vix, going down more. Oil, gold, showed you, equities higher, but does this last . Lets get to the floor show, traders at the new york stock exchange, and looking at very nice volume, 30 above the onemonth average here. Happy new year, liz. Yes, its been a great show. Actually, performed better than i thought with the i thought early in the morning we would see the highs of the day. We did, but i thought wed come off more. The breath is softened from 18, 9to1 talking now, but, still, a great demonstration across the board led by the tech sector as you stated earlier, apple and hewlittpackard, chip stocks 5 and 6 today, a sparkling show there. Liz Home Builders looking good, and that stretches out a day like today, and you tell me, does what we see today portend what we might see for the rest of the year . Now im asking a ridiculous question because nobody has a crystal ball, but come on, i can go for it. Go for it. I have no problem with it. From a traders perspective, im not a professional on this side of the equation, but im concerned about the Home Builders and that side of the market. Look at where theyve come from, they put in a great performance already. Some of the market leaders liz so have the financials, you know . The same case. The financials beaten up worse than Home Builders; yet, one of the Top Performing stocks in the group, kb homes, so when you have Home Builders going into a renegotiating of the tax structure, i have to worry about Million Dollar homes and who will buy them. Mines antedoal. A friend in real estate in the midwest, and big homes do not sell. Its the small ones right now. Liz okay. Does todays hot temperature last for equities throughout the rest of the year . Can you foresee that . Does it set the trend . Well, i have trouble seeing to tomorrow as you can imagine being a futures market trader. Liz yeah. However, the next six months, a battle for 60 days as we tie debt ceiling to the sequester cuts. Were going to see that, and that is a good thing because somewhere along the line, were going to get spending cuts in. Were going to have to raise the debt ceiling, and were going to balance this income side of the equation we got. As i said to you before, i think the First Six Months of this year are powerful. I like how we came out of the gate. I would expect to get breaks, and, especially, fill the gaps with some of the indexes today over the next week to two weeks. That would not be a surprise to me, and the arguments about, hey, what do you do about spending cuts and so on . Folks, the spending cuts are coming. The republicans now have a chance to regroup. They did they voted to lower taxes, not raise them. Thats a powerful element so i am looking for a big change here. The spending cuts, believe it or not, when they come, its bullish as well. Liz i think youre rights. We have to take the medicine. There is something happening ii the Energy Market that could, i guess, mike, if it continues, affect equities, and thats naval exercises by the iranians in the gulf in the middle east, and it makes you wonder, as we see oil moving higher, this is not just, oh, the economys going to do better because people have tax cuts. This is action in the middle east, and it could be worry worry smit and negative. Absolutely, liz, negative in that well go higher, seems that way, and were above the 91 and a quarter level, looks good. Everyones positive out there, but im not positive in general. Theres arguments Going Forward in washington, battles set up, but it was a good start, the stock market, and that, you know, fell over into the crude ring, and that middle east, you know, situation you have that. You always have tensions over there. Going forward for the year, i think, you know, i was very bearish looking at 80 at the bottom. It might be bringing that up a little bit. You know, looks good out there now, maybe 85, but i think 100 is not out of the question this year in crude. Liz i dont want to hear that. Happy new year, thanks a lot. Happy new year. Liz thanks, great to see you on the floor show. Thanks. Liz hardly the thousand point rally market traders promised if there was a deal. No doubt they took off for the skies today. Is this a signal to load up the port foal portfolio, or could a rally mark the time to sell . Joining us from boston, bill, chief Market Strategist at bell curve trading. All right. We love you because you give us these levels of buy here, sell there. Were looking at a very strong s p today, bill. What would you do . Liz, i game plan really has not changed. The beginning of 2013 is more than a range for the First Quarter and into the Second Quarter as well. No question, we dodged a bullet yesterday with the fiscal cliff negotiations, but, remember, as we get into midfebruary, we are going to run up against the debt ceiling so theres still a number of obstacles or hurdles that we have to clear. Thats just the u. S. Take that to europe. I mean, europe seems to have stabilized over the last several months, but europe is no means out of the woods. Liz true. I have to jump in. Looking at s p range, bill, and you see it could go from 1320, that is the thats the floor there, to 1500, okay . Right. Tell people out there who want to trade this and ride this momentum wave buying and selling at the right time, how they should do that. Well, i think what you want to do right now, liz, is take advantage of the rally. As i said, when we spoke in december, as you get closer to 1500, i want to be reducing my equity exposure, not adding to it so i would take advantage of this rally. If you look historically, every time the s p has got close to 1500, whether it be the major peak in 2000, the major peak in 2007, which had major pullbacks from the levels, at least on the first approach up here, i think its a great opportunity for people watching the show to take chips off the table, reduce their equity exposure a little bit, and i think youll definitely have a better time to reload later in the year. Liz that is three opportunities where you could have bought low, sold high, bought low, sold high, and the levels almost identical there. The dow, at 13341 at the moment. What bam do you see for the dow . I think youre going to push it, liz, on the upside to 13 500 or 13600. But the s p, close to the upper end of the range, nasdaq, 100, as high as 2800 or 2850, but the point is that i think at least for the next three to six months this will be much more of a range game. Take advantage of the big rallies. Take profit. Reduce equity exposure getting closer to the big levels. Liz but the fed put in a huge down body pillow, okay . With the qe3, 4, 12, whatever. They put its like the infomeciasls with the body pillow where you get come my. Will we see those kinds of ranges . Look, as i said, i still think theres if you look at the major drivers of Global Economic growth, you asked still major question marks on the recovery. Europe, again, stabilized, but by no means out of the woods, and, china, the other major driver, depending upon how the u. S. And europes recovery evolved, thats going to have a big impact on china. You have the major drivers of Global Economic growth with significant question marks, and so that sets up this back and forth range game until you have more clarity on how the drivers are doing. Liz last time you were here on december 66th, you are a bearish call on gold. Where do you stand on gold . Wheres it go . Viewers have a certain portion of that in their portfolio. Yeah, last i spoke, liz, i said sell gold futures, 17151730, and look through, take the profit all the way down to 16401630. That call, right on the money. The market toppedded out at 1725 and gold futures traded down to the 1640 and 1630 area, and then we turned around, had clients turn around get long there. What i wanted to do now is take profit on long positions in front of 1700, and i think anywhere from, really, 1700 up to 1715, i want to reset the short positions in gold. Liz what do you do, bill, so requires discipline and removing emotion out of it. How do you do that . Well, you know, we have our own propriority methodology giving us a good sense of, you know, these major support and resistance level, and we just basically stick to that. I think in an environment like this where theres still a lot of headline risk, not just coming out of the u. S. , but also coming out of europe, you have to be disciplined about what you do. We try not to get caught in the middle of chase headlines, map out the buy and sell levels and play on the whys. Liz bill, i bet your chloric intake is down to the actual calorie every day; right . Something like that, sure. Liz youre so displained. Happy new year. Happy new year, liz. Chief strategist at bell curve. Listen to him. Making great calls every time. Closing bell ringing in 48 minutes. Now that congress got something done finally, whats that mean for you and your money . Stretching out your 2013. Thats what we are looking at. Thats the theme, breaking down one of the upper income brackets, and what kind of taxes they will see. What kind of itemized deductions are they allowed . You name it, we have the answers for the upper income folks, and, plus, Corporate America on the debt ceiling. A ceo who fast tracked dividends payouts because he was so nervous about december 31st coming and what the taxes might have been. How he feels now, how he feels about the housing market, and are confident consumers buying things to fill houses with his products . Uncertainty. Ceo of ethan allen sizing up the impact on hiring, spending, and whether the fast tracking was the right move. Its a fox business exclusive. A russell 2000, nicole, at record highs for the small and mid capped, and sandra at the america tile exchange, a big day. Starting with nicole. It is, and im glad you brought up the russell because russell and transports are two areas, liz that people do not focus on, seeing the dow, the s p, clearly higher, but as you noted, small caps doing well, and i wanted to look here at retail names like starting with the blue box. Tiffany and company. First tiffany and company is the first one we look at. They are renewing their license, and they are familiar with the products and such so its a new 20year deal, a material deposit according to the analysts, a 2. 5 gain costing 47 million up front, but the overall consensus, its a good move for tiffany. Deckers, familiar with decker . Familiar with ugg products, its under 3. 4 . You have analysts defending deckers and talking positively saying the sales reported saying they got the boots were less worth than anticipated. Is that good . Its not bad as it could have been, liz, but you get the point. Its positive. Liz it was invented a year ago after all the flash crash insanity and europe and all the problems. I will say this, though, there is a belief, and sandra, you can weigh in on this, you look at the retailers too, that retailers could be hit because of the payroll tax. Its no longer the cusp there, and people have smaller paychecks, will they not, sandra . Its interesting, liz, its playing out across the board and affecting commodities, but, certainly, the majority of income earning americans in the country are paying higher taxes. They spend less, and so there is that fear of owning the retail stocks, and, liz, ill tie grains into that too. Not a compelling story, demand story for grain prices if youve got folks paying paychecks to the federal government. Theres a cig decline in grain prices in chicago. Wheat, soybeans, corn, all the graining tumbling. Some of the worst performers at the cme today. Watching wheat prices a six month low, and soybeans a six week low in todays session, and, also, corn, hovering at p seven bucks a bushel down more than a full percent. By the way, liz, the grains were super performers in 2012. Wheat prices were up 19 in 2012. Not so much the case today. We are seeing a reversal in the trends. Liz, tie that fear of all folks paying more out of the paycheck to the federal government, not just to the retailers, but the food prices here in chicago as well. Liz fun while it lasted. Thank you, sandra, very much. Sandra, thank you. Are you ready to see how the last minute fiscal cliff deal affects your paycheck . All day long, peter barnes breaking down the effect on all levels, and, peter, at this hour, finding out about the upper income folks and how they will be affected . Thats right, liz. Taxes hit taxpayers this year including from this weeks tax bill, looking at the impact for different brackets, and this hour, up to Household Incomes of 500,000 to a million. Theres about half a million households filing returns at this level. The big change this week that will affect them was the restoration of the top marginal tax rate of 39. 6 from the clinton era from individuals making more than 400,000 a year, families at 450,000. They fall into that category. They will also see rates on Capital Gains and dividends rise to 20 from 15 unrelated to this weeks tax legislation is a new tax under the president S Health Care reform law that we talked about, a 3. 8 medicare surcharge on Investment Income for individuals making more than 200,000 a year. Families making more than 250,000. The tax that hits all taxpayers, lower income as well as upper, is the expiration of the payroll pax cuts from the last two years. Add all of this up for households earning 500,000 to a million a year, and according to the tax policy center, their taxes are up by an average of 14800 this year, liz. Liz great. Okay. Listen, it is what it is. Its a quote from britney speers. Wait until we get to the Million Dollar bracket. Liz well watch that too. Listen, we love all the tax bracket viewers, doing it all day long, and good for you for at least bringing the exact numbers. Peters done the homework and numbers crunching. Stay tuned every hour. Thank you, peter, appreciate it. Thank you. Liz ceos putting the vice grips on washington, at least verbally to get the economy back on track starting with the cliff so now that weve got a deal, is it a deal that will help them . What do the ceos have to say, particularly the ones to my right, my left . Okay, to the right. Im opposite on tv. Who fast tracked dividends out of fear of what might a happen after the first of the year. Joining me in a fox business exclusive is one of the ceos, the ceo of ethan allen, chairman and president as well, and you had issued a special dividend of 41 cents and a nine cent dividend that was supposed to be in january, pushed up that to the 20th of december if i remember correctly as many did. Is that in hindsight the correct decision to have made . Yes, liz, good to be on your program, and i wish i was there in new york, but at least its good im specking from connecticut. Liz i understand. Well, i tell you this, first of all, im glad the rate increase went from 15 to 20 . I think it is important to keep the rate on dividends and Capital Gains at a lower level because you want to encourage companies to give dividends, in my view. Liz of course, yeah. We paid a total of 14 million in december, 12 million to the special dividend from about 1 100 million we have in cash. If we borrowed or jeopardized the cash position in giving the dividend, i would have been concerned. I think what we did was right. It was not a measure reallitively a measure amount, and i think our stockholders are happy we did it. Liz farooq, stand by, taking a commercial break, many questions on how it affects your business. Well be right back with farooq from ethan allen. [ male announcer ] where do you turn for legal matters . At legalzoom, weve created a better place to handle your legal needs. Maybe you have questions about incorporating a business youd like to start. Or questions about protecting your family with a will or living trust. And youd like to find the right attorney to help guide you along, answer any questions and offer advice. With an a rating from the Better Business bureau legalzoom helps you get personalized and affordable legal protection. In most states, a legal plan attorney is available with every personalized document to answer any questns. Get started at legalzoom. Com today. And now youre protected. Liz we have breaking news on the sandy bill. While it appeared they would not be voting on the 60 billion bill, a piece of it, strange, but a piece of it will be voted upon. The 9 billion federal Flood Insurance part of it related to Hurricane Sandy will be voted on friday. This according to representative king of the state of new york saying House Speaker john boehner has agreed to hold this vote. What about the remaining 51 billion package . When Congress Returns on january 15, they will vote on that, but they will try to push up at least 9 billion of it for the federal Flood Insurance part of it related to Hurricane Sandy. Chairman and ceo. Now there is a deal, i guess people really want to know, what do the business leaders, is the deal enough where you will open not necessarily the floodgates but at least some of your pocketbook and say we are ready to bring on some more clarity . The compromise of a shortterm fix too many challenges faced by the u. S. Economy. I think this is not done, we have further erosion of consumer and Business Confidence and very negative to growth, hiring of people investing on businesses. Now in terms of moving forward, in terms of increasing the Capital Budget and hiring from the current plans, some businesses and certainly we will wait the resolution of the next phase. Liz do you look at the next phase as cuts in spending or hitting the debt ceiling . We have seen that in the past gyrates the market in stocks like your own. Absolutely. I think we have to. As i have said before, i understand there could be some tax increases that have taken place. In the end, we need to grow the economy, and we also need to make sure there is a cutback of spending by better managing the costs associated with entitlements. Liz let me ask about the expiration of the payroll tax cut. How will that affect ethan allen . When people have less money, they may think twice about buying a chair or a dining room table, no . I dont think so. People understand that some taxes have to be raised, and it might have some impact, but dont think it will have a major impact. We need to overcome the next stage that they are working, which is this resolution of the next phase so we have better consumer confidence. Consumer confidence is important. We as businesses can pay more taxes if we have to. While nobody likes to pay taxes, they will. More important, we have to have some stability coming from washington. Liz farooq kathwari, hopefully theyre watching. Thank you for joining us. Take care. Liz the stock up 7 over the past year, and they pay the dividend. Split decision as an ne trade for the first half of 2013 and another trade for the second half. Taking your seat belts. Joining me now, a guy here to tell me why he sees the split decision scenario and how to profit from it. Division strategist. William, explain first what will be in the first half of 2013 and what will be in the second half and we will get to how to invest around that. Good afternoon, liz. In the first half of the year we see uncertainty. We hope for some Real Progress out of washington, d. C. , get the policy makers out of the way so the economy and exceptionalism that we have grown to know from america can kick into high gear. And maybe then in the second half we can start to make some progress. Liz we do have, as we just spoke, little bit of clarity uncertain tax rates. How do i trade around the first half, what should i be investing in if we truly believe we will have a bearish first half. First of all we need to see who the first half develops. I have an expectation of what could happen but ultimately following the weight of the evidence and to see what the indicators are telling us. Right now the indicators are slightly positive, so we have to wait and see if we get access optimism, if we do then we move more defensively, we look at traditionally defensive areas in the market like health care, Consumer Staples to kind of knocked it out of the market, but be a little bit more defensively allocated. Liz how do you feel about technology . Some of these names are now able to pay dividends, so much cash on their Balance Sheets and theyre ready because they have a little bit of clarity. Technology is different now than it was 10 years ago. It is not necessarily the hot growth spots, it is like industrials used to be, dividends, stable growth. Ultimately you can have a better opportunity from technology in the second half rather than in the first half but in terms of 2013 overall, technology is the place we would look to add exposure over the course of the year. Liz lets talk globally. Emerging markets or different points on the planet where would you be putting your money . Emerging markets are a great spot because we have seen a return to diversification in our view. We have gotten to the point we are not entirely risk on, risk off. No different assets of risk, emerging markets are one of those areas particularly in asia right now. Right now we like china, hong kong, malaysia is also an opportunity that we see as being attractive. Liz how would you play that . Play certain etf for specific areas like materials or industrials . In terms of International Exposure we would focus on etf with regional exposure or emerging market exposure overall. For most investors i dont think it makes sense to pick and choose specific countries to be invested in. Liz william, good to see you. William delwiche. Investment strategist. Holding onto gains of 244 points right now. A big market rally today, we will see how this one ends, 27 minutes away from the closing bell. Im only in my 60s. Ive got a nice long life ahead. Big plans. So when i found out medicare doesnt pay all my medical expenses, i looked at my options. Then i got a Medicare Supplement insurance plan. [ male announcer ] if youre eligible for medicare, you may know it only covers about 80 of your part b medical expenses. The rest is up to you. Call now and find out about an aarp Medicare Supplement insurance plan, insured by unitedhealthcare insurance company. Like all standardized Medicare Supplement plans, it helps pick up some of what medicare doesnt pay. And could save you thousands in outofpocket costs. To me, relationships matter. Ive been with my doctor for 12 years. Now i know ill be able to stick with him. [ male announc ] with these types of plan youll be able to visit any doctor or hospital that accepts medicare patients. Plus, there are no networks, and you never need a referral to see a specialist. So dont wt. Call now and request this free decision guide to help you better understand medicare. And which aarp Medicare Supplement plan might be best for you. Theres a wide range to choose from. We love to travel and theres so much more to see. So we found a plan that can travel with us. Anywhere in the country. [ male announcer ] join the millions of people who have already enrolled in the only Medicare Supplement insurance plans endorsed by aarp, an Organization Serving the needs of people 50 and over for generations. Remember, all Medicare Supplement insurance plans help cover what medicare doesnt pay. And could save you thousands a year in outofpocket costs. Call now to request your free decision guide. And learn more about the kinds of plans that will be here for you now and down the road. I have a lifetime of experience. So i know how important that is. Hi, everyone. This is your fox business brief. Stocks are sharply higher after lawmakers reached a lastminute agreement to avoid sweeping tax increases and cuts to Government Spending programs. The dow is awfully high for the day but still up almost 250 points. U. S. Manufacturing activity rose last month after contracting in november. Hiring picke pickup point into t Economic Growth heading into the new year. The institute said the index of Manufacturing Activity rose slightly in december. Novembers reading was the lowest since july of 2009, one month after the recession ended. Avis is buying zipcar for 490 million expanding its offering from traditional car enterental. They unanimously approved the buyout. Shares of zipcar are up in the market. Now continuing our countdown to the closing bell with liz claman. Liz okay. So 270 plus points from the high of the session. Nicole petallides, i think things are heating up in the last couple minutes of trade. Nicole no doubt. You have a deal made in washington which helped bring the market to all grain on the screen. You dont even have to look at the numbers, look at this, green across the board. That is the action we have seen, but talk about smallcap moving to new highs. So many names hitting 52week highs, bank of america, ford just to name a few. Financials doing well, some retailers have pulled back on some downgrades but the big pictures were doin were doing l on wall street. The question is whether or not this momentum continues. Apple with a perilous. Still talks about the iphone six. This is the kind of action we are seeing on wall street. Certainly some people getting back in after they had some cash. Liz i am the only person left who does not have one. Nicole i dont have one either. Liz thank you, nicole. Oil and copper at 11 week eyes, gold at two week highs. As investors put the fiscal cliff in their rearview mirror, how can i take advantage of the new year with less fear in the market because you know there is still a column headline risk. First trust Senior Vice President and etf strategist, the dividend has been unleashed and investors should jump in and ride it. Joining us now in a fox business exclusive from south carolina. What dividend . Technology has traditionally except for microsoft, hewlettpackard, they havent really paid dividends so do you go with those names or do you try and pick some of the names that might issue dividends . I think you can take either approach. Many of the names that have begun paying dividends, the outlook increasing dividends Going Forward is very strong with some of the uncertainty about dividend tax rate taken out of the equation. My best recommendation is an approach that does old and get some of the new payers and some more mature dividend payers for using and etf like the Nasa Technology index fund and the ticker on that, think it makes sense to buy a broad basket of Technology Stocks that pay dividends. Liz we know intel and hewlettpackard have been the dogs of the dow. It did not perform well at all last year. Do you give up some of the gain you would see their stock price and is it worth it to go for dividend in that case . Speaker you have more than just the dividend. Both of these are more mature, but they still trading at very attractive price to earning multiples and for many investors looking for dividends, income replacement because Interest Rates have been so low and the outlook is that they will remain low. Many investors have Equity Income funds that dont have technology exposure. Adding some of those names using individual stock or etf helps balance out the portfolio from a sector perspective. Liz we are familiar with all the names we have looked at. Now a different sector of technology that people may not know, and they all belong to the Cloud Computing. The gigantic servers in the sky you are storing stuff in the servers on different websites such as google, that we dont have to have it on your pc. Productivity and games, just to great to overlook, so i think adding a portfolio of Cloud Computing names an end etf like ours that we have spoken about before, that makes a lot of sense, especially because this is a longterm secular growth theme for the next decade we expect to see more migration to the cloud. Will those Companies Pay dividends . Probably not as much as the more mature technologies but they are investing in research and development and growing their business at a pretty rapid pace. Liz some of the names in that one, talking about different ones, people who dont know, known as a 22nd advantage company, they do a lot of the cloud stuff for big exchanges, etc. It is not an entirely virgin sector now, it is getting a little bit more established. Do you see enough migration to that behavior now that really inspires you to say this is a great place, great frontier . One of the developments helping facilitate the whole cloud space is the increased adoption of Broadband Access to the internet because five or six years ago you didnt have enough access via broadband to take advantage of some of these cloud technologies. At this point you do. Much more comfort ability from the corporate standpoint, consumer standpoint with Cloud Services and so i think there is Critical Mass at this point there wasnt four or five years ago. It is becoming a more mature segment of the market, although were still in the relatively early stages of the longerterm growth. Liz good to see you, thank you. First trust Senior Vice President and etf strategist. Again, green on the screen. 17 minutes before the closing bell. Liz i know a lot of you might read his letter. The big theme for 2013, at least early on, is investing in stock, says that it comes to trading do more of what is working and less of what is not. Here is u. S. Steel. Up about 1. 89. An 8 gain, very nice. Heavy volume in this stock, it is our power mover of the hour. U. S. Steel got an upgrade and the firm is raising the rating on u. S. Steel to outperform from neutral based on the idea steel prices are firming. If that is the case, lets see how that particular one went against a case deal. Outperforming, not bad at all. And lets try and compare it to steel dynamics. A bit of a reverse. That has outperformed, but consider steel as a real opportunity this time around. Dow jones industrials, green on the screen with hewlettpackard, cocacola, a tech top players battling it out over things like hardware, search and share price with many highly anticipated new products and Services Expected to be released in 2013. Which names will win the lions share . Let me make this simple, pick one name that comes out a real winner. Apple by a real stretch. They give for having me on. I think it is so easy to forget the strengths apple brings to the table. They have the best products, one of the best management teams, wonderful base of devices, 30 years of experience making operating systems and software. Outstanding hardware and manufacturing with a great Retail Business hundred 30 billion in cash on the Balance Sheet and generating another 50 billion this year. Think about a poll by the last couple of months giving you a wonderful opportunity. Liz we just had Nicole Petallides talk about the iphone six. Is that going to be apples game . Have different devices of different sizes all pretty much doing the same thing. My daughter said to me you have and it had, ipad. At some point doesnt that become less of an exciting opportunity for people, and do you not then go to samsung which you know are very smart people developing organic Led Television as well . Samsung is a Wonderful Company bringing out wonderful products and i have spent a lot of time with our asian Team Following samsung that it is easy to underestimate the culture of innovation apple has. We think about the company. The people running apple now are the same folks who help bring out the ipod, iphone, ipad and well have more tricks up their sleeve. I expect an apple tv and more screen sizes for the phone and proliferation of the lineup. What could be considered boring is also an attribute for the company when you think about the high repurchasing that people have. Youre locked into that ecosystem, you have a 90 repurchase intention and that makes it more of an annuity like business. Their prior guest talked about dividends, 2 dividend yield, this is a very Stable Company with great cash flow. One of the lowest valuations in the entire stock market. Liz there is a rumor out there in a couple of blogs in a couple of articles intel may beat apple to the punch, they have some attempt where they will have a chip versus a set top docs enabling if you have Internet Access enable people to have all kinds of programming, but of their choice they dont get stuck with 200 cable bill. A 200 cable bill, instead it is more of you dont have to pay if youre not a sports fan for five espn channels, you only end up paying for what you eat or consume or watch. So why not say intel is an opportunity . I think that would be the holy grail of tv, tv on demand. I think we will see that. My money would be on apple solving it before intel does. I know they have some nice settop box technology, but remember intel at their core is a microprocessor company. They dont have the expertise to sign the content deals and build entire network way apple has. If you look at what apple has done overtime with music and the app store, they bring a lot. Liz i have trouble convincing the cable companies. I think it is a lot harder than it looks because content guys want to be paid for their products and the cable guys dont want to link which a single inch that could lead to cord cutting. There is that challenge. It is very hard to youre exactly right. They look at what happened in the Music Industry and think i dont want to go down that path. That has made the negotiations a lot more difficult. If somebody is going to solve it, i would think apple would have a better chance than intel. Liz thank you for your perspective. Portfolio manager and for all of the people who gave up on apple, he says not so fast. Investors are not going bananas for this company, quite the opposite. Challenging banana market is hurting shares. I will tell you which names that is. Very much at the highs of the session. Liz all Dow Jones Industrial names, 30 of them to the upside, you can follow the rest of the market with a rally of 276point on this day after new year. The start of a fiscal cliff deal. It was a company that wasnt going bananas at the moment, it is cool food is. Why is the company dropping as much as it is . Well, the company cannot instead we have a challenging banana market. Bananas are the most popular fruit. I know, in america, dont know about elsewhere. The asian demand for bananas is not as smoking hot as it had been. You put china and lack of demand together and the stock is plummeting still above the 52 week low for dole foods. A great day for the market if you are long. 87point gain, Technology Stocks perhaps at the believe companies now that they know the tax dividends and tax situation would start to get back into the cycle of brandnew Computer Systems and servers. Today a big gain for the bulls. Now we go to david asman. David we are at session highs, everyone. We made it all the way to the top. There is momentum and it is all on the upside. Nicole petallides at the new york stock exchange. Take a look at where some people get a sense things were turning around in this market, that is facebook when they got that great recommendation, that stock took off and never looked back. If youre a facebook shareholder, youre pretty happy today. Good news for facebook. Liz lets talk about hewlettpackard. The worst performer of 2012, struggling company, all kinds of problems but today it is leaving the dow. Is this lets go along with the rising tide and one of the boats