Now investors, well, they like all of this, apparently, new records for stocks across the board yesterday and those high levels will be held this morning. No retreat maybe a marginal gain again. The improving vote count for tax cuts does go down well on wall street. Theres another huge black eye for uber, they were hacked. Information on 57 million customers got out, uber delayed a year before telling the world and they spent a 100,000 bucks to keep it quiet for so long, thats not good. As you can tell, we cover it all, Varney Company is about to begin. Dote, wait up. You have to stay with me, boy. You dont know where we are. Stuart well that is the latest, it is a blockbuster from pixar, its called coco and being released today, however, the chief creative officer at pixar studios john is taking a leave of absence amid Sexual Harassment allegations. Does this mean the next pixar movies will not have the creative impact . Ashley that could be the case. If its long term, the could have big impact, john, oversaw some of disneys pixars biggest hit. Competent executive produced frozen and zootopia and coco, hes helped turn it around, if he goes permanently, thats going to be bad news for disney. Stuart pixar is a gem. Brilliant movies. By the way, some of the importance is reflected on the fact that hes not leaving, hes taking a sibatical. Stuart this is liz peek, by the way. [laughter] stuart lets look at the market, we will go up at the opening bell today, not a whole lot, we will be up. Remember, please, we set records all across the board yesterday, now ive got some individual stocks that are moving, first, deere, they call the tractor company, the rosy outlook. The stock is up nearly 5 , big deal. However, General Electric still rumbling around in the 17dollar her share level, no huge recovery yet for ge. Now, politics. Alaska republican senator Lisa Murkowski says shes for repealing the individual mandate in obamacare. I think i think that likely puts her in the yes column when it comes to tax cuts, lets see if larry media editor agrees, i say this is a plus, what say you, larry . Let me put it the other way, i wouldnt blame Mitch Mcconnell for turning to wild turkey. Stuart you have been practicing the line all morning . This is a big deal. A little bit inside baseball here and i know that the Varney Company viewers are read in and they follow along, in her statement she supports repeal mandate but she wants to bring a vote for Alexander MurrayHealth Insurance stabilization bill. Compromise between lamar alexander, republican from tennessee and patty murray from washington, a democrat. It basically would reverse President Trumps hope that obamacare would just die on its own. It would stabilize and lifeline for obamacare. My guess is there was horse trading here and exchange for her support on this tax bill, she will get a floor vote on this this Health Insurance. Stuart you see a lot of this kind of thing, its called horse trading, sausagemaking, call it what you want. I dont think it stands a chance in the house so its not going to affect the president s agenda on obamacare. Stuart President Trump wants flat out, he wants a republican win in the alabama election, he says we dont need a liberal in the senate, roll tape. I could tell you one thing for sure, we dont need a liberal person in there, a democrat jones, ive looked at his record, let me just tell you, roy moore denies it, thats all i can say, he denies it. And by the way, he totally denies it. Stuart larry, he wants 52 republican seats and he doesnt care who they are, right . Yeah, listen the senate is a legislative body and its all about getting those votes and i think thats how the president is looking at it pragmatically, that means the republican brand will be the brand of roy moore, poster child for the republicans, whats interesting here, though, stuart, if you look at news events to have week, some people are recognizing the fact that the democrats can easily be now labeled the party of al franken, im not saying that they are all equally guilty but mess of horrible stories out of this town right now that i think they are making the political calculation that everyone thinks that politicians in dc are horrible so listen, as long as this one votes for me, he is my guy. Stuart youre exactly, right, larry. By the way, lay off the wild turkey and with a name like oh connor i think you should go big on bush mills. I will. You too, stuart, and all the company around you. Stuart good man, larry. Ashley very nice. Stuart lets get to your money, the nitty gritty of this country this program. Liz and the country. Stuart and the country, it is true. Bank of america sees the bull market end of next year, stocks will rally 11 next year. Liz peek, which side of the fence are you on . Im definitely on the side of Goldman Sachs and wall street firms that have a similar expectation based mainly on the growth of appearings. Most people are looking at doubledigit Earnings Growth, the bank of america analysis really comes down to looking for the emergence of rational exuberance, again, we are going to note that in various ways but the only economic thing that we are talking about is wage growth and, you know, part of me says wage growth is what we have all been waiting for, in fact, tax reform, the growth of the economy leads to higher wages, thats a good thing. You know, obviously nobody knows and by the way, bank of america is looking for a big surge in the market before we reach levels so you cant get too worried about that. Stuart lizzie. Huge number, big number of wall street shops calling for doubledigit returns, ubs, Deutsche Bank and swiss. Stuart a bit late. They are all going. No wonder we dont spend much time with the analysts on the program. However, we have one with us now. [laughter] stuart we are told that this will be the biggest spending holiday period since 2007. Personally, i think it would be the biggest ever. The Strategic Resource Group is with us now. Huge, biggest ever, what do you say . I agree with ana maria monteroa biggest ever. Stuart biggest period ahead, biggest spending period ever in the United States of america . Because we are hitting on the four corner stone, stuart, with higher oil prices, better housing, better manufacturing, more spending, more Consumer Confidence, retail does better, consumers take on more credit and are willing to charge and have confidence in the future. Stuart you and i have covered amazon and walmart extensively. Which retail was the biggest winner of 2017 so far . So far amazon and coming around the clubhouse heading to finish line walmart. Stuart apart from amazon and walmart . Ross stores. Stuart off price. Genre, discounters. Discounters, big lots, bargain stores, dress for less, burlington, accessory stores along with restoration hardware. Stuart why are they so big . People have pricewater house, they know where low prices are and they get it in store or online but typically twothirds, close to twothirds, always the lowest price and thats why in pricing study after amazon lowered prices at whole foods, amazon whole foods in store was still 73 higher than wynco, the low price leader in the u. S. Stuart if it was this time next year, who is the best winner . You said deere, walmart, ross dress for less in addition bjs, as well as winco. Stuart have a good thanksgiving. Great thanksgiving to you and team. Stuart uber, uhuh hacked. The company try today keep it quiet, they paid to keep it quiet. We will deal with it. Donna brazile, i asked her about those deplorables and if you missed it, youre going to want to hear what she said, more varney next. It really scared him out of the markets. His advisor ran the numbers and showed that he wouldnt be able to retire until he was 68. The client realized, i need to get back into the markets i need to get back on track with my plan. The Financial Advisor was able to work with this client. Hes now on track to retire when hes 65. Having someone coach you through it is really the value of a Financial Advisor. Stuart if you look at futures market you will see we are going up, not much but we are going up but the opening bell, records across the board yesterday, moving higher again this morning. Not bad. Lets get to the north Korean Defector as you know, doctors found parasites riddling his body. That was the news a couple of days ago. News this morning is we have the video of escape and, ash, walk us through it. Ashley be warned, this is dramatic. You will see the truck driven by this defector, a 24yearold north Korean Military guy. We can roll the video. Here it goes. This is the truck hes driving, he will go straight past checkpoint on the north, the White Building is a checkpoint from north korean side. He will blow right through there and making a dash for the south korean border. There he goes, he crashes the truck into that ditch, he tries desperately to get it out of there, then on foot, make it is run for it. North korean soldiers to the right starting to fire at him, he is, indeed, shot, he survives and lying down there and what youll see next troops from south korea will crawl to get him and drag him across demilitary sized zone, incredibly despite being shot five times he has been operated on two or three times now and showing signs of recovery but that was his mad dash for freedom. Wow. Ashley gives you an idea what they go through. Stuart i want to say on north korea, the author of a book which we will get to later, you say that in north korea President Trump has talked himself backed himself into a corner and could only get out of it by getting military action, is that your point . No, thats not what i said is rhetoric and his tweeting puts trump in position, makes threat, theres a danger, he may feel he has to make good on the threats, however, thats not im not saying here that trump definitely needs to use force, im saying his rhetoric is dangerous because hes putting himself in a situation eventually where he is going to feel he has to use force otherwise not prepared to do anything about it. Stuart but he is. The only president that managed to get china to do something about it, no . Well, its true that he has china has shown more shown more forceful this time on the sanctions front, yes, on the other hand, you know, by attacking and making personal attacks on kim jong un i think North Koreans take this very personally, this is going to force them to take a tougher position. You dont approve, do you . You dont approve of our president , do you . Its really a case of whether the rhetoric and personal insults, theyre not a way stuart youre not used to him, are you . Youre not used to him. [laughter] no one is used to him. Stuart thats right. Even his own advisers. Stuart im sorry we are kind of short on time because we have a very full news day, thanks very much for being was, we do appreciate it. Thanks very much, indeed, sir, tens of thousands of uber accounts hacked and company paid to shut it down, make it secret, we have the full story for you. We will take another check at market action, we are up not that much, 43 points higher, 23,600, here we come. Back in a moment. With a level of protection in down markets. So you can head into retirement with confidence. Brighthouse financial established by metlife. Stuart what do we have here . Gold, close to 1300 bucks an ounce. Not Much Movement in gold recently. Uber, i wish i could quote the stock, you cant, its private, they concealed a cyber attack that exposed 57 Million Peoples data and uber paid 100,000dollar ransom. Liz to get the data deleted. When you watch you see the timeline of this, you to say ubers name is now synonymous with scandal. A year ago a hack occurred. The hackers broke in, they stole data for 15 million customers and 7 million drivers, they then covered it up, what happened right at the time, uber was talking to u. S. Government, was in trouble with the u. S. Government over lack of security and disclosures about their hacks, so then what happened was, outside law firm hired by the board investigated poor Security Team at uber discovered it. Travis knew about it a month after hack occurred and didnt tell anybody. This is a company, you to wonder about the 70 billiondollar valuation, has five criminal probes, london and the u. S. Is examining it. You have to wonder how its going to go public at what price. Stuart that hurts. You never can. Ashley not this day and age. Just because you pay right. It was a stupid decision on every count. Liz conceal it. Stuart new guy at uber has a lot of cleaning up to do. Hes inherited awful problems. Ashley certainly has. Stuart okay, thats the new guy to uber, there he is. He doesnt look happy. Stuart okay. Please can you show me the video we saw the video or still shot of the traffic at los angeles there you go. Thats lax traffic. Ashley thats like a normal day in la. I used to live there. However, worst possible time to be on la freeway. Stuart approach to lax airport. Look at that. Ashley looks very christmasy, though. [laughter] stuart whats about a record travel from aaa . 49 Million People will travel this thanksgiving. A million more than a million more traveling this year than next year. This will put a smile back on your face. They are paying less for gas this year, a lot less. Stuart no they are not . Ashley triple says they are, they are still some place where is its close to 2 depending on where you live. Stuart okay. All right. Lizzie, what are you going to do for thanksgiving lunch . Liz talking politics. Some of my relatives they love to talk politics, some will fight with the turkey if they could. If theres too much fighting here is our rule, go sit at the childrens table. Liberals go outside and scream at the sky. Stuart conservative gathering . Its a mixed gathering. Stuart diverse. Liz i would put my head in the ceiling fan. [laughter] magazine gq says its moral duty to fight with your trumploving relatives. Ashley really . Game on. Liz thats what obama said, get in their face. Ashley thats what stu said this morning. Get in there. How offensive is that . Stuart my thanksgiving dinner table theyll be free speech. We do have some people who dont agree with my conservative politics. I encourage them to voice it. Sure. You dont have to get nasty. Liz does anybody end up some people cry and go sit in the car. [laughter] liz does that happen in your house . They just dont get dinner. Stuart we have to go. Chitchat, far too much of that, the opening bell is next and we are going to go up. [laughter] stuart all right, i will spell it out, we are really going to go up, 40odd points for dow jones, maybe 2 points up for s p and nasdaq will go up about 8, all of them set records yesterday, we will go up some more, back in a second whoooo. When it comes to travel, i sweat the details. Late checkout. Downalternative pillows. And of course, price. Tripadvisor helps you book a. Hotel without breaking a sweat. Because we now instantly. Search over 200 booking sites. To find you the lowest price. On the hotel you want. Dont sweat your booking. Tripadvisor. The latest reviews. The lowest prices. Stuart right on time, the market has just opened this wednesday morning. You know, it has kind of a friday feel because its a holiday week but it is a wednesday morning, we have opened higher, its not a huge rally. We are down a couple of points in the very, very early going. Maybe thatll turn around, look, bottom line is, winners and losers of dow 30 pretty much even. Pretty much a dead flat opening, not quite what we expected. Ashley not as many shares traded today. A lot of people on the roads, more volatile. Stuart there you go. Something is open. Up we go 5 points. How about the s p 2500, that is up. 03 , the nasdaq is also pretty much flat, that is up. 1. New record high for nasdaq, 6,870. You know, when this rally began, i never thought we would get above 5,000 as we were 20 years ago but we are 6. 8 as we speak. Ashley webster, Elizabeth Mcdonald and elizabeth peek and we have two big banks making two very different calls on the stock market. Next year, end of the bull market, Goldman Sachs, next year stocks go up 11 . Dr, which side of the fence are you on . Well, i have to go with goldman on this one, stuart, because goldmans reasoning was that earnings had been strong and they can they consider that earnings will continue to be strong. I think that will continue to be a driver but the things we love to talk about, reduced regulation, tax bill, this year or whatever we can get it through, we will continue to be drivers. Stuart okay, so you think we are still going up some more, is that right, dr . That is absolutely correct. And especially december is the biggest up month of all the 12 months, it averages since 1928, 1. 5 , so dow 24,000 is within reach and probability. Stuart the market is going up. 24,000 by christmas . I think it could get there for sure. We will have big retail season. People are feeling upbeat. All indicators point to that and when consumers are up to beat they go and spend money. Stuart disney stock up a quarter, 25 cents this morning. But pixars chief is taking a leave of absence, pixar prints money for disney, it is a unit of disney, every time pixar releases a mee voo up she goes, that gentleman, hes taking a leave of absence, the creation, the creative guy behind pixar, dr, do you think his leaving taking a leave of absence will hurt disneys stock long term . He has been a creative bull work there, stuart, you know, he has been responsible for some of their biggest films dating all the way back to toy story and has been obviously had finger in every creative pie since. Now, with whats going on with the with this issue and the Sexual Harassment issue in general, its been on the wrong side for too far, its swijing back and maybe making things people think about things and do things better but to the business question, i think a sixmonth leave of absence for him will not impact the stock directly at all. Ashley thats the whole point, dr, you know, six months is the way they a