A month. We begin with stocks largely shutting off dc uncertainty. Wall street on its positive week plus, count down to a shutdown the senator appears on track to reject the spending bill shares of ibm. Its first gain of the 20 quarters stocks are showing some resilience despite of a shutdown of the government. Yesterday the dow hit the all time high before soliciting blik to the territory i got to tell you of the little take up which some people want to magnify on a percentages bases. I dont know how to reverse it caterpillar and boeing, great industrials. You can perhaps come up with a thesis at a certain point and you want the dividend. There is so much money this is too good. Lets touch on the shutdown the house passes the funding bill last night, 231197 republicans have 51. We talk about markets not really behaving dramatically in a shutdown unless a debt limit is a factor which is it is further off. You perfectly summed it up. It is not about the s p, it is about guys trying to finesse it and the president tweeting the defen defense bud Defense Budget every single time it is been mentioned, we have air pocket down it may happen 51 republicans but not all of them is on board, conceively those senators the method gets tough. Joe manson is the on one so far of the democrat who says he would vote for the cr. To your point, jim, obviously if where we are stopping to pay the interest thats what we are talking about here if we move pass the weekend and it happens and it goes on for a while, it would be difficult if it is a usual suspect of a shutdown there is been times where you had 2 or 3 on this i always feel like these days we fool us once or twice or five times, if there is not a debt issue then it is kind of like oh, it was inconvenient certainly a lot of furlough workers might feel differently thatll be a story for monday in fact if we get there absolutely. It is just bad for the country in this market, it is giving awe serious of buy opportunities and thats what everyone is looking for. Your boeing dipped what is a dip for boeing . Being down for five minute ss . From 50 miles in a plane. Then you just go backup yeah, theyre not sitting there worrying about it. It is just a lot of people saying i got my chance now to do a little buy of bit of buying boeing came down the last five minutes, i can get in i did an interview with wahlberg on december 7th and the stock was 278. I think the stock is going 400 i immediately said hey, 18 months 278 yeah, right up there. The chart looks like when they test a new plane with a vertical take off, right it looks just like that. He was telling us to buy it dividend boost and Companies Just minting cash. Who knows what theyre going to do with their extra cash, well, everybody is trying to figure out what theyre doing with their extra cash that the president of the washington do they are. People are still wondering what apple is going to do with its cash we saw research on it and everything else. We still dont know. The journal today of course reports what many are saying probably going to end up many dividends and buy backs and anything else. By cash it is the largest single cash file company of the known universe netflix, any time along the way. Well, they could have bought spotify. Back to the Government Shutdown, cayla tausche is going to watch this all for us now the white house says the president will not go until a short term funding bill passes in a tweet this morning, he referenced demand from Senate Democrats whose votes are needed, asking the question shutdown coming . Speaker paul ryan broke a deal for several dozen votes coming out of the House Freedom caucus. The senate requires 50 votes to pass it. The one did change his vote this morning, the negotiator of south dako dakota mcconnell adjourned last night without holding this vote. Now theyre coming back at 11 00 a. M. Top Senate Democratic schumer on the floor last night says his partys votes could be turned if a bipartisan deal to protect dreamers is reached by the dead line or if the bills by a few days but not a month as proposed to get there the answer here might be to pursue an idea floated by a few of my republican colleagues, pass a clean extension of government funding for four or five days to give us a hard final deadline to finalize a deal the white house supports the 30day plan, unclear where they would come down on that four to five days proposal if thats where leadership decides to move each party is blaming the other for a potential shutdown the gop has control but it is not unified in its vote. Republicans say it is democrat who would eventually filibuster to block the bill and they have been using the schumershutdown which is been trending cayla, well be talking to you all morning long meanwhile, ibm is down for the first time in 23 uarters this caused forecast among stocks this morning. Last night on mad money, the headliner told jim how tax reform is affecting the factor we have been supporters and we have been big supporters of tax reform because of over the longterm. Ibm always manages over the longterm. It is going to free up our capitol so we can invest on par with our competitor. Jim, you tweeted last night wait until you hear the interview because you could get hurt and it ended up being good advice yes i dont want to call hit belligerent but it is consistent where is this 40 cents going come from or is it going get to the level without a gross margin improvement . I did want people to wait for the interview. Could not trade the 13 at earnings i think revenue is going to be up it is an in expensive story. It is a working process. You are not concern, i guess the quarter as well was aided by the lower tax rate than had been anticipated. Yes, there is gross margin and i did not like of lower expenditure and they shipped the frame and almost every airline uses shes saying ibm is apart of the mix when she does her survey of chief investment ibm, a lot of peel feel struggling for relevance in a world of silicon valley. They dont use block chain they dont play the block chain card theyre using 18,000 containers in one of those big shapes and nobody knows whats on there the haters hate it the likers kind of liked it. It did not change it lets talk big picture, we have been with this company for a long time and given its weaknesses and its initiatives generating a high rate of Revenue Growth that would offset the declining businesses theyre now at 46 of revenues so strategic comparative right it is growing 14 at Constant Currency and 17 overall of those, what do you think it is moving in the right direction although that Revenue Growth rate has declined for those strategics they failed to execute on some of their selling, not necessarily, they believe they are kind of giving you the language that dont worry about it, those sales will come back in 2018. The reinvention stories are live and well because of ease comparis these comparisons. The rest of the world is moving so fast. It is not as what people think i think it will go higher. Hardware up 32. Definitely gotten a lot of attenti attention. When we come back, including mx of a First Quarterly loss. Well talk to gregg abbott, the running to be in the home of amazon the annual fee does not change okay, i am playing. Shares are going to cross 1300 at the open 1300 at the open well be back in a moment its not theirs. Its mine. Mine. Mine. Mine. The new lexus rx 350l with three rows for seven passengers. Are you excited about your baby sister coming . Experience space for the unexpected with the rx l, part of the rx family. Experience amazing at your lexus dealer. Well, itsonce again. Eason yeah. Lot of Tech Companies are reporting today. And, hows it looking . I dont know. Theres so many opinions out there, its hard to make sense of it all. Well, victor, do you have something for him . Check this out. Td ameritrade aggregates thousands of earnings estimates into a single data point. That way you can keep your eyes on the big picture. Huh. Feel better . Much better. Yeah, me too. Wow, you really did a number on this thing. Sorry about that. Thats alright. I got a box of em. Thousands of opinions. One estimate. The earnings tool from Td Ameritrade. As we said before breaking news out of amazon, the company is raising the price of its monthly prime membership from 10. 99 to 12. 99 an increase of 18 the annual prime membership of 99 is not going up as of now. Shares look to open almost 2 higher at the open, jim. Costco, netflix and amazon prime. Three things i dont look at my bill, i dont care, does not matter it is cheap. Thats what i say, raise it. I love those services and so does the world i they whink when you see this, goes right in the bottom line. I think everyone just came through the holiday season, this is great deal, my dog may ask for the sundays night game. The eagles are giving a bunch away we know the opportunity, use it there should be we should point out again, i dont know how many people on a monthly basis for amazon prime as opposed to paying annually, who will not see the increase of 99 bucks, vastly out numbered those who go month to month. If you do at 12 if you think of what amazon still gives you, it is amazon prime. At this point, i am watching everything on amazon as well as netflix and amazon mmusic. Dont forget that. It is a useful service key bank takes netflix from 240 to 270 this is the year where we thought disney is going to be destroyed. It turns out they can sell anything and we buy it do you watch anything on hbo . I watched when they fired nick foles, jeff fisher, he fired. Listen man, you are fired and he thought he was trump that was the only thing i watched at hbo, i dont watch those fancy shows that you guys don watc dont watch. Game of thrones. No. You dont watch that . You never watched an episode of it . We got to turn it off there was some porn scene. Not recommended for father daughter time especially the beginning season. He likes the one with the queen. Demarius. Did he dated her . I dont know. He cannot even pronounce words so why does it matter . Guys, mx is down. First quarterly loss overall in more than 25 years, taking a big charge of the tax recover. The company is suspending buy backs for the first back this is the last full quarter. Does this have any lessons for what financials need in terms of capital . I think this is much to do about nothing. I think they did have a bit of a dip, theyll come back and start buying the buy backs did not matter all that much. I like the situation and do not like it as much as visas or masterca mastercard square and paypal are just oh man, out of nowhere. Square and paypal. They were never in the sentences with visvisa square is going to entrepreneur up 5. 5 i think it is an instant call, calling them you know who runs square . The man with two jobs. I know whos on the board of directors. David vineyard. Nobody even complains about it they stop talking about blocks theyre no longer is like we are going to take bitcoin. How do we measure square . Should we measure by installations . The guy just sold me my coffee, they have square it slows down the line a little bit which bums me out we usedd cavier everybothings that we pay mo. I will pay more for apple storage, thats the revenue line okay okay. I have created jobs. But, if you look at say the base that we have gotten the last couple of months companies with pricing power, it is limited the costco card is another great card what is that annual fee, do you know no, i just pay it i think it is 50 or 10 . Could be a lot more, you have no idea. I got the black card, put that away. I got the gold star who cares the bargains are great. My father bought some insurance there, fabulous deals. Did not know that i almost bought my wifes diamond ring there but the guy at cartier had another proposition for me well get cramers mad dash and well count down to the opening bell, well take one more look at the future on this friday squawk on the street, back in a moment your friend just marea. You like her. Shes really good at social media. She buys stocks in companies that stand for something. You like her. Shes always up on the latest trends. She got in early on the whole goat yoga thing. And her sunsets are always nofilter. You like her. But youd like her better if you made more money than she does. Dont get mad at just marea. Get eatrade. What we do every night is like something out of a strange dream. Except that the next morning. It all makes sense. Fedex powers Global Commerce with vast, farreaching networks. Deep knowledge of industries. And, yes. Maybe a little magic. Riding on the love of freeway, whatever. That pink cadillac got me. Lets talk a little mad dash here slummer jay ochlumberger, wed quarter. What matters just now, right here he says oil is going down and right here he says oil is going to go down this guy knows what he speaks. Fir First Quarter is not good. All right, we know that. I would point out this, david, they bought back stocks and coming more. Most importantly, look at the market the strong growth of demand is continuing 2018 on the back of the economy, people are going to need schlum berger again you can sell it to 71 if you want to. You are missing the big picture. U. S. Production is going to exceed 10 million barrels. It is going to be right up there with saudi arabia or russia. And a hanatural gas is under what do you mean under . Lower price most of our natural gas in the new field is just being burned we are hoping that the government will look the other way. Apparently you see these right lights and it is flaring out. It is calling the flaring of natural gas. Natural gas flare no, i would not like to flare of natural gas are you go toi come off with som bogus thing of carbon blowing off the air. Way off smell that smell. Nothing like that dont you want it next to you . Nothing like that smell of high profits and victory we got our opening bell, coming up next we took legendary and made it liberating. We took safe and made it daring. We took intelligent, and made it utterly irresistible. We took the most advanced eclass ever and made the most exciting eclass ever. The 2018 eclass coupe and sedan. Lease the e300 sedan for 569 a month at your local mercedesbenz dealer. Mercedesbenz. The best or nothing. Theyre not investing in commodities or fixed income. What people areally putting their money into is what they hope to get out of life. But helping them get there requires a real refusal to settle for average. Because when you approach investing with a tireless desire to beat the status quo, Something Wonderful can happen. Those people might just get what they wanted out of life. Or maybe even more. You are watching cnbc, squawk on the street, the opening bell in 90 seconds on this friday as we watch the clock runs down before the potential. The tbills have been moving people are wondering if the t n tenure is moving whats going to happen with the irs . Remember the checks were delayed last year and it screwed up a lot of the situation and autozone talked about that and a couple of guys obviously, we need to know whats going to happen with the irs, thats the organization that i care about in terms of the American People and getting their money back theyre already under pressure given the significant changes and being under demand and having to meet budget to hire more people there is millions of people who need that money. If they are going to shut the irs, thats going to be awful for the firm something to think about not essential personnel starting monday. Under the way this works, by law theyre furloughed without pay theyll get their pay retroactively after the fact g goldman argues each week of the shutdown cuts the ged. President trump has got to get his hands dirty and solve this thing lets get to the opening bell here avt is celebrating its ipo today. Well talk to the ceo today. Thats right, lived in queens you are all over that he was not from queens. Shes from queens louie armstrong, thankfully graced the burrow with his presence ibm and mx is going to drag the dow down at 50 points. Look at ge. Whats going on there other than the fact that the markets opened whats going on people are talking about a hundred million secondary, wait, not a secondary . You are saying the company would sell primary they would raise money for issuing stocks i do not believe that i believe there is multiple buye buyer. And floor is starting to get some mojo. There are natural r is startingm mojo there are naturar is starting t mojo there are naturaur is starting e mojo there are naturaor is starting some mojo. There are natural buyer. Ge,it is one thing where they hit 6 during the melt down during 08 and 09 but now everything is going up i say the work okay. I want to understand what you mean when you say cash constraint meaning you have liabilities right now that cannot be paid off by cash. You continue thats the case after this weeks announcement with the charge and the plan for the 15 billions over the next five or six years. We need assurance that the cash is big enough thats a tough assurance some of the research, the chatter, ge will need to raise equity cap, that was boom. That kind of an eye open man i will tell you, triumph. Trying to be triumph. Thats a tough situation i will tell you in terms of where their entrance was 25 and it moved up. And obviously what they were saying at the time and now on the board of directors one has to imagine they wish they had that one back well, yes, i would tell you that if oil goes up a lot, big, big tail wind. If they really can say no doubt about it and no more problems of longterm care, very positive. Multiple bidders for power would be helpful and the potential break up of the Company Coming do you think if they canc sel healthcare on the line i am hearing it is a likely outcome than not he does not see how it can happen if synergy is breaking up it is a huge right in front of the story and does not go away ibm, theyre talking stocks from 900 million shares in three years. Thats a nice buy. Strategic comparative almost at 50 yeah, mainframe very relevance though how do you think those airlines know you are double booking or how do you think the banks know where your money is . I had not thought about it. Amazon as you can see crosses 1300 originally crossed 1200 in late november, it is only been a month and a half a lot of movement in retail guys, nike is leading the dow, foot locker is out performed and price target is at 56. Incredibly competitive and fabulous managers, theyre not quitting theyre not quitting theyre just beginning just beginning . Yes it only just begun there. Why, whats the follow . All new shoe ops. I like nike. I think it is good stuff another big consumer name, chipotle, you got to go back to august for these levels here as ray jay goes over at market reform the calendar says busi