Crushed, lowes falls short. Both retailers see big gains in online sales and Curbside Pickup and the Energy Sector is coming off its best week ever more than 16 gain last week the ceo of chevron will join us in this hour, well talk about is in store for chevrons business and the sector. Well talk about all that with michael wirth. Carl cant wait. Boeing is the story of the morning, jim 617 days on the ground you got baird going to outperform with a 306 target today. I guess well talk about not only how they get this back in the air, american will launch it on the 29th of december, how they market it to consumers. I think that there is a tragedy timeline we had it with chipotle, we had it with a long, long time ago with jackinthebox, taco bell. People tend to forget. The media doesnt forget, but the individual who flies is thinking, well, i want to take southwest or take american theyre not going to ask as they would have a year ago is this the max. And then i think also boeing can phase out the name max it is a well tested plane. I know there are people who say that theyll never want to be on it but if they want to travel, theyre going to be on it. I think there is a lot of demand and i do think that with we couple this with the vaccine news, you start saying, you know what, let me go back something i want to go somewhere we dont say, you know what, i want to book something but is that going to be the max because people just arent that discerning david, the the average time that people think about something that is a tragedy may not be as long as we think, even dating back to 9 11. Thats true i think, yeah, well, these days in particular our memories, dont know there is so much coming at you, you forget what happened yesterday, let alone the tragedies that happened well over a year ago. But certainly i can remember those peaceful days when we would lead the show every day with the travails of the max, long before the pandemic, of course boeing was suffering from the fact that it had been rey moved from service, and the continued questions as to when it would be potentially at least okay to go back into service, jim so much happened since then for the company. Not the least of which is the dramatic diminution of air travel worldwide and continued questions even when we get back to socalled normal of what the Business Traveler is going to really look like and what that is going to mean for demand for boeings jets the company started, by the way, before the max, they had 15 billion in debt. Before the max problems. Now they have 63 billion. I think the bottom really came when they did that sunday night offering 26 billion. 26 billion, which was a lot of people felt could not be done i think that im going to credit im going to credit jay powell for that. Remember that, in fact, i think i was first to report on that and that was a big moment, overall. The bond market giveth and sasav saveth. People dont understand the bond market is behind carnival cruises. Norwegian is offering stock. People stopped traveling and, carl, look, it is going to take a little bit of time before people just say, you know what, i got to hop on a plane. It is obvious theyre hopping. And gary kelly, who just famously came on the show and said you got to have some place to go, might find that there are places to go yes, you cant youre not going to milan paris is off the table where are you going, jim . Where am i going . Im curious, anywhere in the United States . Florida florida yeah, my wifes moving to florida. Okay. I was just looking at the covid cases there, only 7459. This morning . Yesterday 20 . Sevenday average positivity rate. Thats pretty good, right 20 no california is 5 but there is some people in the country who clearly are trying to get the highest score. I call them the covid sniffer, people who believe nothing works except for getting it. And if you get it over 65 and die, well, thats your problem i didnt mean to change the conversation it is not clear anybody is going there is travel taking place, but not much and the question what does Business Travel look like how many people are going it feel the need to go there will be Business Travel, but will it ever return to what it was in 2019 . Well, bill gates would say no, he told andrew yesterday at deal book, Business Travel probably gets cut in half given the ease with which we have become accustomed to doing things remote. Jim, as youre talking, speaking of places to go, carnival is canceling all u. S. Embarkations through the month of january to january 31 as for the safety of the airplane, the faa administrator talked to phil lebeau this morning, said he would put his own family on it and said the crash scenarios that we saw those two times are impossible now. Take a listen. Im very proud of the work that the faa team has done on this airplane. Im 100 confident it is the most scrutinized transport in history and it is ready to go. Less than an hour ago, i rescinded the grounding order put in place in march of last year we have got this is not the end of this safety journey there is a lot of work the airlines and the faa and boeing will have to do in the coming weeks and months but we are entering a new phase with respect to the 737 max. So, jim, you can buy a ticket now from miami to new york on american on december 29th and that will be on the max. Ual out now saying they do plan to fly it in q1 as well. Look, i think again, book a plane, i dont think youll say to whoever youre saying unless it is a live person, it is a company that actually has bots, well, what is that one is that a 737 max . No, people can do that, theyre going to go. And just to clarify why is my wife going to go to florida, get away from me as she has most of the year, she feels that the cold is going to make it so that more people are going to get covid. She is not going to go to a packed bar, which apparently florida has a lot of, but, david, there is something to be said of the cold as being a major extender of this of this illness and i think thanksgiving is going to be something to behold in the sense we have the ticking time bomb people, the young people who are asymptomatic. No doubt. No doubt jim. Im reading a note here from, again, i get the global covid19 update and analysis of it, further significant spread to the coast over the course of november, risk of coinfection with seasonal flu remains a key variable heading into the Northern Hemisphere winter and reproduction in the u. S. Is 1. 15 right now. Epidemic doubling time 48 days their estimate by the way is we could have 18 million cases before the end of i believe before the end of the year david, 18 million, let me give you the devils advocate. 45, no different from the flu, youre not going to people arent guying at the same rate. Not dying at the same rate. A lot of people being hospitalized shouldnt repeat those things, jim. I said something Speaker Nancy Pelosi to try to get the debate open about how horrible it is, what the president said to her and i was pilloried. You shorthanded it. I did it wrong. I apologized a gazillion times people still hate me my cross to bear i think what matters is that the healthcare workers are overwhelmed. They dont really have a great spokesperson for them. No. The woman in south dakota, but there is a sense that we dont really care about them, and you know what, you can keep the number of deaths down, but you got to get a bed field hospitals . Is this going to be like the burning of atlanta in gone with the wind. I hope not. To your point, if hospitals do get to the point of max capacity, and they cant take people they otherwise would, your death rate starts to go up because people are not going to be getting the treatment they otherwise could. Yeah. And we said many times we know,0 how to treat the disease far better in the hospital setting. There are things that can be used, drugs as well, the steroid, but if youre going to get to the point where you cant have people who no more beds, you got a problem. You got a country that is so good at this that has more than a billion people, that is crushing it in the economy, putting people to work, having a great time, and eunice yoon was there. The pictures of china reminded me of just everyone having a super time, making a lot of money, buying some of our products because they had a picture of starbucks, but that piece was both uplifting, carl, and eunice is so good, and also, like, how do we we became a fifth rate power because of this and theyre taking it away it is contact tracing. I when i went to at davids recommendation, they took my temperature. In china, they do contact tracing, they know who you are every minute and we dont allow it we have a live free or die plan that the latter choice is in play i dont know, carl. We have personal and individual freedom, jim. And thats that has an effect on mitigation. It does bring us to the pfizer final phase three number though, jim. 95 . Side effects relatively tame here, 3 had fatigue 2 headache. They say theyll ask for emergency use authorization within days now, jim fda panel meet s on december 8t through the 10th we could be jabbing arms before the end of the year here. Im ready i was getting about 20 headaches. This say nice reduction in headaches. I think if thats all you have to get, i mean, anyone who suffers the shingle s vaccine or gotten the flu from the flu vaccine, 50 , i think just jab me, will you without a doubt jab me. Bring it on bring it on for all of us. Ill jab you if you jab me. Ill do it. Ill do it, yeah this is the good news. And it is nice to end on you got bad news . No. 95 . Moderna is 49. 5. Pfizer is 95 . These are effective, theyll be available in to some extent soon and well get started, carl. With the vaccination of our population and can conceivably get to the other side of this. Join me im trying to get in every trial. I will not be denied this time by the way, carl, they dont know who you are tried mckesson, im jim cramer, didnt do this, but you have the image of who the heck is that . Senator cramer from the dakotas . It doesnt matter, it is just just taking the people they want to take. Guys, as david said earlier, big hour still ahead well talk to mike wirth of chevron. Well talk about some of the retail numbers rolling in from target, ecommerce once again a standout and well keep a eye out for dow 30k, the opening bell in 17 minutes. Dont go anyway. For skin as alive as you are. Dont settle for silver gold bond champion your skin gold bond vo im a verizon engineer and today, were turning on 5g across the country. With the coverage of 5g nationwide. And, in more and more cities, the unprecedented performance of ultra wideband. The fastest 5g in the world. It will change your phone and how businesses do everything. Im proud, because we didnt build it the easy way, we built it right. This is the 5g americas been waiting for. Only from verizon. As we fautalk to consumers, theyre looking at when is this virus going to be behind us, when will there be a vaccine, what is going to happen with the economy, when do kids go back to school and none of us today have an answer. If i can package up certainty, it would be the top selling item i sold at target today we got to be really flexible and adapt to the current and changing environment thats Brian Cornell, ceo of target and that is the focus of our mad dash what do you think of the quarter . Wow i mean, i think this was so impressive that i think people are going to stay with target. It was magnificent and the digital Comparable Store sales, 155 i dont know how you do that thats because it was shipped. One day, i went to dillon reebok, and i said, i dont have a bell well call shipt two hours later, really nation belt alexa, send david a nice tie, nicer than hes wearing. That can be done, pretty much any tie. I think people have to remember that Brian Cornell pulled off oh, stop it Brian Cornell pulled off one of the great terms, doesnt get enough credit. To his point, no certainty, not giving us any guidance, calling it highly fluid. I think hes going to crush the Holiday Season it is fun, you go in fewer people going to be going in though . Doesnt matter. Use shipt. Right theyll be relying on Digital Strategy i dont go in anymore i dont go in anymore. You dont i dont im a total shipt user. Will you go back after the pandemic of course ill go back in ill go aisle by iaisle. I love going aisle by aisle. I have to say, the existential crisis of kohls has been solved by great merchandise. Kohls . You were negative on kohls yesterday. Well, they did better come on. What about the other name im negative on the panthers, but mccaffrey came back that would be positive. We didnt get to lowes we will. Lowes is not not as bad as it looks. Stop selling lowes. It is like selling walmart yesterday at 149 we have mike wirth today . We do from chevron lowes down sharply. And mike wirth coming up and an opening bell coming up. How did you get wirth jamie dimon comments from the conference with andrew. Has gandhi and then go oz es on and on. Ted williams, cryogenic, has him. Awere coming right back. Wh. Get realtime insights in your customized view of the market. Its smarter Trading Technology for smarter trading decisions. Fidelity. people greeting one another its being in his chair again. Not your kitchens. The buzz of the clippers. In his expert hands. How he remembers exactly how much to take off the top. And perfects a fade that had all but faded away. The small details are a big reason to come back and shop your favorite small businesses. We know them. We love them. So lets go shop small. With american express. Dow makes another run at 30k this morning we need about 217 points to get there. Futures suggest well be a little short, but boeing alone will add about 100 points. Well get that opening bell in nine mine. Dot ay. This is decision tech. Find a stock based on your interests or whats trending. Get realtime insights in your customized view of the market. Its smarter Trading Technology for smarter trading decisions. Fidelity. See yourself. Welcome back to the mirror. And know youre not alone because this. Come on jessie one more. Is the reflection of an Unstoppable Community in the mirror. Mentioned with jim, of course, we have been mondayering ja monitoring jamie dimons appearance with Andrew Ross Sorkin listen to his comments about at the very least messy transition going on right now. Were asked to help before the solution so ceos should work on collaboration and work on jobs and skills and all the things that help make it a better society, not just the thing that help their own business. Thats one more thing. We need a peaceful transition. We had an election, a new president , we should have unity. We should support that, whether you like or not what the election outcome well, we had some issues there but you heard him, should support a peaceful transition regardless of what side youre on, said mr. Dimon he continues to have that conversation, when we continue to monitor it is not like whether you like it or not, it is based on a system of faith and trust. Ive been following their top strategy, hes raised certain issues about the prospect of this not being over so quickly, the challenges and it is a unique thing to have endless challenges and possibly the notion of the president not leaving the white house. And, you know what, every time i mention that, people laugh at me but why . Why is that funny . What makes him why is he vulnerable why cant he just stay there who is going to the federal marshals i just dont see who is going to get him out of the white house why should he leave . What does it matter to him im not sure i understand the yes, why should he leave on who is going to get him out if he thinks the secret service. The secret service, theyre all sick im not kidding. We are getting there are people in the Legal Community saying that as long as the challenges are still on, he will say that he has every right to stay there look, hes a unique figure in American History remember when, like, Andrew Jackson turned the white house into stables, bought horses. I dont remember it, but i have read about it. Hes on the 20, for heavens sake, right . And maybe trumps bucking for being on the, i dont know, the 73 i do think that this is we are making way too little of whats going on. You believe that, all right. I do. Last night we were i know last night michigan. That was tough. Not certifying the vote in wayne county for a period of a few hours before they aversed themselves and did the president firing mr. Krebs right wasnt that significant . Feels significant thats right and, of course and continuing to completely deny what appears to certainly be a victory by mr. Biden of 306 electoral votes they dont have no one has a plan to say hes got to leave. No one has a plan. Yeah. Id like to see the plan for how he has to leave, just in case he changes his mind i dont see the republican senators breaking ranks. I think were making far too little of this i think the man is firmly believing he aint leaving. We know he is probably the most litigious president we ever had. In the past, there was a settlement, you pay a fee, you move on, you claim victory in some strange way there is no way to do that after january 20th. No. Hes got giuliani, of the Sacha Baron Cohen movie going to pennsylvania i dont know, what, they lost 26 times so for or lost. I think it depends how you look at it, most people go with 1 in 25 or 0251, if you look at the one case on the number of ballots affected clearly, jim, it wasnt fraudulent assertions to judges who basically said where is the evidence and said i dont see any. We had jamie dimon on thats why i mention this. Michael sembil has reminded us this thing is not over hes a lot better than i am trying to figure out whether it is over or not and hes done a huge amount of work. And there is no evidence that the president feels any reason to vacate the white house. Hes president for another couple of months, and i think most people still fully believe that when that day comes on noon on the 20th of january, hell vacate the premises. I think it is more important that he believes it. I dont think i watch him on twitter. I think hes kind of adamant thats true carl, it is interesting out of curiosity, while were on it, if january 20 comes and he literally refuses to vacate, what is that worth to the market i think thats going to be i dont think it will be that great a day for the market but the robin hood, okay, t