Years. The hawaii false alert. Feds say hawaii lacked reasonable safeguards. The government apologizes. The president has please local authorities took responsibility. It was a very anxious time for many, many people. The president has reported vulgarity. Senator durbin said csc said it. Senator cotton and producers turbine can not be trusted. The president himself says im the least racist person. Dr. Kings needs told fox news this morning she does not believe the president is a racist. Lets summarize your money looking good again. Politics a cantankerous mess. This programmer into go. We go live. Varney company is about to begin. Stuart yes, yes, yes, the markets are closed today. You are looking at the futures market, how the market performs when it opens. Big, big games. Yes, your money is indeed looking good. Give me that number again, 197 points away from the dow 26,000. One big rally away. Look who is here. James freeman, wall street journal editorial guy. Welcome to the show. This is earnings season. Tell us how much they made and how much they expect to make in the future. Those experts haitians raising the market. You say why. For a few companies of course who started reporting the same story we saw the last few quarters where it is earnings better than expected. Revenues better than expected. One thing really exciting lately as we went through a long period of slow growth where companies were looking for ways to cut expenses and now the sales are going up but thats encouraging. Would make it to the guidance faith, and the ceo gets online and theres a guidance for the future. If they sent en masse they look at profits going up 10 , would that translate to a 10 gain in stock prices . Hard to say, but it certainly does justify higher prices than those companies are earning more money. You saw that speaking of guidance from the banks seem low, depending on the accounting some banks this quarter may show a loss or post worse than expected numbers because of the tax change. Longterm they are saying big winners from the big earners growth over time and you will see that across the economy. Stuart up 40 on the dow. Lets turn to nasty politics. Arizona senator jeff flake republican comparing President Trump to Joseph Stalin. Roll tape. He was popularized by Joseph Stalin now enemy of the people and it should be noted that khrushchev saying now was too loaded and aligns the whole group or class of people and not shouldnt be done. I dont think we should be using the phrase thats been dead as too loaded by soviet dictator. Stuart the republican senator calling out a republican president sounds like joe stalin. What do you make of that . The one difference would be stalin killed millions of countrymen. This rhetoric is completely uncalled for and especially in the context of trumps use of language, which often you would say you should say you shouldve express something differently, but its very clear the greater threat to the First Amendment right now is in the opposition to the president. He says a lot of tough words for the media, but unlike his predecessor, and he is not sought as far as we know wants to eavesdrop on journalists unlike his opponent in the last election, President Trump is not thought to reread the First Amendment to prevent movies from being distributed. In terms of actions, and he is the free prize alternative to the other party. Look at his record with the federal communications commission. His appointing reduce government control over the communications network. And not what an authoritarian does . No. Ashley senator flake is a huge critic of President Trump. He has nothing to lose, getting out, leaving congress so he will say what he wants to say. When he uses those analogies that makes him look to be honest with you. Stuart got it, ash. Moving on to the anxiety producing false missile alert. Within moments of the alert, some democrats blaming President Trump. What Tulsi Gabbard said over the weekend. What makes me angry is just a false alarm when out and we have to fix that in hawaii, but weve got to get to the underlying issue of why youre the people of hawaii in this country facing a Nuclear Threat from north korea today and what is this president doing urgently to eliminate that threat . Don bolton, fox news contributor. Your reaction to that. Moments after the alert went out, before we knew it was a false alert, Tulsi Gabbard said demanding peace come in that President Trump sue for peace was a classic appeasement sentence. She also said the reason north korea was seeking Nuclear Weapons was because of our record of overthrowing regimes in that kim jong un and his predecessors one of these which is a badly misinformed and irresponsible understanding of history. The north korea Nuclear Weapons and Ballistic Missile programs began in the early 1990s or late may 1880s perhaps well before any of that it happened. But i think it is important for everybody to understand, this failure in hawaii with a state failure. It was a bad mistake that needs to be correct it. It has absolutely nothing to do with control over the Nuclear Warheads by the Defense Department in washington. All this luke talk about wanting to push a button could bring nuclear war is inexcusable for people to be talking like that. Stuart was a blunder obviously in hawaii, but what does this say about our alert capabilities . I think it shows that for many years we have not taken threat seriously and now weve got both in the case of north korea and the likely case of iran, a threat becoming more and more imminent. For congresswomen Tulsi Gabbard to negotiate peace with kim jong un plays into the hand of baghdad hitter and others Nuclear Weapons. This is the sort of rhetoric that Jeane Kirkpatrick once called the blame America First approach, that its our fault kim jong un is seeking Nuclear Weapons. No way, historically utterly incorrect. Stuart ambassador john bolton, we will see you soon. Appreciate it. Lets go to a totally different subject. We are talking nfl playoffs. Jacksonville jaguars upset the steelers 4542. Now the patriots in the afc title game. Also talking about the miracle in minneapolis. The saints had a onepoint lead on the bikes quarterback threw a touchdown. There you see it. The vikings won 2924 and played the eagles in next weeks nfc championship. Dear viewers on this holiday monday, bear with us. There was another remarkable sporting event and youve come to the right place. Manchester city lost its first game of the season. Make this exciting for viewers. Ashley i dont know if i can do that. They lost at liverpool this weekend. Great game if you love soccer come even if you dont wouldve enjoyed this one. We didnt think they were. You stay out of this competition. Save that for later. I was the better stored sporting event. Has to be the vikings. So dramatic. Stuart lesser viewers are suspecting our background. Ashley i love sports and i was a heck of a device. Look at this. This is from the indignation in jakarta, a balcony. It was in the buildings lobby, the balcony collapsed. More than 70 people injured. Many were youngsters on a tour of the exchange. What youre looking at is the aftermath. We do have video of the actual collapse itself which is truly horrifying. Chelsea manning announcing she is running for the senate as a democrat in maryland. Manning was sentenced to 35 years in prison for leaking classified secret information. She leaked day. President obama committed her sentence. Shes running for office. You heard it all before. Left in the Mainstream Media bringing President Trump are racist. The president is responding and youll hear his response after this. Hi im joan lunden. Todays Senior Living communities have never been better, with amazing amenities like movie theaters, exercise rooms and swimming pools, public cafes, bars and bistros even pet care services. And theres never been an easier way to get great advice. A place for mom is a free service that pairs you with a local advisor to help you sort through your options and find a Perfect Place. A place for mom. You know your family we know Senior Living. Together well make the right choice. Stuart i did want to show the actual collapse of the balcony on the stock exchange. You did see it. All those people there were youngsters but the collapsed like that. Nobody died. 70 odd injured i believe. Then we have this. Convicted secrets leak or putting it mildly says she is running for the u. S. Senate in maryland. Ashley yes, going to go for the seat currently held by ben cardin which is interesting. Sent out a tweet saying yes, we are running for senate, soliciting donations. As you know, sentenced to 35 years for leaking the information to wikileaks, but was released after being pardoned by president obama. Now she wants to go to the u. S. Senate. Stuart james, but i call her a traitor . I know its harsh, but is it legitimate . Yes, sentenced to 35 years, which probably wasnt enough. By president obama chose to commute her sentence was one of the mysteries of his lateterm. This is really going to test how radical its become if she can mount a credible challenge. Youd have to assume ben cardin is a safe incumbent, but he is relatively more moderate. Obviously a lot of talk in the Republican Party kind of the insurgent wing and we saw the debacle in alabama, but now in maryland this is going to be interesting to see if she can rally the most progressive radicals. Ashley it is interesting, just getting this a little bit more whether they will run for senate. Shes yet to file for the primary and maybe it will, then. Stuart if youre pardoned youre done. Commuted, not pardoned. I dont think stuart it was commuted here thats the difference. President trump is now responding to critics who say hes a racist. Roll that tape. [inaudible] on the least racist person youve ever interviewed. Stuart you saw it on the front. Jesse lee pearson. Theres no question hit the Mainstream Media has essentially branded our president a racist. What do you say . You know, the liberal democrat and liberal media have nothing else to hang their hat on. They have not done anything to improve communities around the country over the last 40 years until President Trump has been there for a year almost in its done a fantastic job and is bringing jobs back, dealing with the crime, making America Great again by cutting back on taxes. This president with the lack of responsibility from the liberal than they cant handle it because they dont want people to see it. Stuart came in the modern age the United States president disparaging foreign country like haiti, for example . You know, the president told the truth and democrats are having a fit because the president told the truth. If you dont like the condition of haiti, clean it out. Weve got a deal with the reality that does not make the president racist because he told the truth. Were looking at haiti seen how can he say that . When you look at haiti, you see a. You dont see paradise. But paradise. Thats how it is an urban areas around the country. Chicago, gang violence, unemployment. The president telling the truth. Hes not a racist. Democrats have nothing to hang their hat on and they dont like this president is revealing their failure because they know she may generate more black votes. Stuart jesse, we do hear you. Come again soon. The centers for Disease Control says hundreds of people have died from the flu this season. That number will go out. Not just a step in the elderly. Young, Healthy People are dying. Mark siegel on not coming up next. On the that coming up next. At fidelity, trades are now just 4. 95. We cut the price of trades to give investors even more value. And at 4. 95, you can trade with a clear advantage. Fidelity, where smarter investors will always be. And at 4. 95, you can trade with a clear advantage. My business was going nowhere. So i built this kickin new website with godaddy. Building a website in under an hour is easy 68 of people. Who have built their website using gocentral, did it in. Under an hour, and you can too. Type in your business or idea. Pick your favourite design. Personalize it with beautiful images. And. Youre done and now business is booming. Harriet, its a double stitch not a cross stitch build a better website in under an hour. Free to try. No credit card required. Gocentral from godaddy. Whcold sore. Et you . Grab lunch . Cold sore. When a cold sore takes over, campho pheniques topical anesthetic plus antimicrobial action soothes pain fast. Whats for dinner . Meat loaf. Camphophenique on, cold sore pain gone. Stuart it is a very bad flu season. Every day with the affection of a wide of a widespread flu outbreak here at 493 deaths have been blamed on the flu. Cdc said the number is going on. Not just elderly and sick people. 21 the audi builder in pennsylvania died from the flu. 51yearold mother of two died two days after going to the hospital with the flu. Tax vehicle is here. Is this the most dangerous flu outbreak in many come in many years . Yes it is, strong strain. We dont have a lot of immunity to it. Cdc has estimated this is going to be closer to the 60 million. We are getting an early peak. This is one of the earliest i can never remember it had been dating for a long time. This is peaking now, which is early january. Stuart you have a tamil flu here. Is that the way to stop it . Early diagnosis. I can do rapid flu test 10 or 15 minutes most of the time. If i give this to people most at risk for chronic disease are getting really sick or pneumonia that can cut down severity and spreading of the flu. Dramatically. I love this drug. Stuart someone comes into your office and you test them, theyve got the flu. Does that work still . Very much so. I can also tell by symptoms. You have a sore throat . Pettitte is common with the flu. If it knocks you out and you get a high fever and muscle aches come about the flu. Not everyone that has sniffles has the flu. How come a bodybuilder and a mother of two, Young Healthy woman succumbing to die. Spin the flu attacks the immune system. A storm of inflammation and then you get secondary infections. Pneumonia is that killed people in 1918. The flu knocks it down in a serious bacterial infection comes parading in. It is a two type thing going on. Not just the flu. A systemic illness and everyone has to be on the lookout for it, especially elderly people, very young and the chronically ill. 10 the flu can still get the flu vaccine. Not too late. Stuart and you made that we appreciate it. Chief executive officer telling fox business he is not going to give out businesses. You will hear it maxed. Next. Please the stock market is closed today in observance of Martin Luther king day, however, futures show that when the market does open up again, tomorrow morning, if this holds we will be up big. Right now, futures are showing a gain of 150 points or for the dow industrials which would put us real close to 26,000. Keith with Money Map Press is with us. This is all about expectation of profits now that were in earning season. Is that right . Absolutely, stuart you know the market is always a forward looking mechanism in youre seeing that at work today even though u. S. Markets the most dominant liquid in the world are closed it is still propelling Global Trader higher. If people are looking for say and if these ceo say well maybe our profits are going up 10 . Does that translate into a 10 gain for the stock price . Not necessarily. The math gets kind of funny because it depends on how they accrue things and put their reserve what theyre doing with it. Chief financial offices are are more to play here. But the lengthage is very clear you bring more to the bottom line eventually that trance lates into stock prices up they go. Am i right in saying this is earning season and get announcement of expectation cans big profits is that accurate . Thats the key stuart inspect real thing to look for is not necessarily top lying numbers themselves but Forward Guidance because as were talking about it is a forward looking mechanism. So that is the critical piece i would hate to be a ceo that misses his number this is year. You know, keith i have to tell you that i was watching mfl games yesterday and up popped an ad for ibm, and as they were saying ibm the word block chain came many. Because theyve got a block chain project. Does this give cryptocurrency some respectability do you think . I dont think so stuart it doesnt whether it is ib m or old pets. Com commercial from 1999. I think people are getting ahead of themselves technology is clearly valuable theres no tout about that. But situation for the First Time Since the internet bubble reminds me of people talking about a Technology Without really unctioning how it is implemented that worry me. But yeah im beginning to see the light and turn corner on block chain. One of our camera guys is big informsment many block chain beginning to see it his way okay ill put makeup on this guy and wring him on the set keith for you facebook down big friday after announce changes to his news feed make post from business less prominent from friends and relatives more prominent so raises the question i think keith does facebook mr. Zuckerberg does he have a primarily obligation to shareholders owners of the company . Or to customers . What do you say . I think he has a little of both stuart. You know, i felt for a long time that Silicon Valley and forgive my words this is a harsh judgment