strong profits, signals pointing toward accelerating growth in the future. bull run continues, we are up another 100 on the dow at the opening bell. in new hampshire the voting began a couple of hours ago, bernie leads in lay pots, mayor pete right behind, warren and biden fading fast, by the way, 3 of the 5 votes in dicksville wrote it in bloomberg. right -- last night in new hampshire it was trump unlearned, why not? more positive than ever on our economic future, if he was ever mr. nice guy, he shouldn't be now. varney & company is about to begin. ♪ ♪ >> we have the best economy than we've ever had, with your help we will defeat radical, socialist democrats, we are going to win new hampshire in a landslide. stuart: that was mr. trump last night, he's tweeting something very similar, read it on your screens, best usa economy in history, now look at this, it's a gallup poll, 59% say they are better off now financially than last year, better 74% thinks things will get better from here. james freeman, journal street kind of guy, what does that mean the economy is not working for everyone when you have numbers like that that? >> they will have to update talking points, they have been campaigning all year or over the past year as if this is the economy of 2015, 2016 slowing down, stagnant wages, we saw the january job's report, job creation above expectation, wages rising faster than we thought. it's no wonder you see people who are employed and see their wages rising are confident about the future. stuart: i just don't see with numbers like this and outlook like this on the economy, on prosperity, i don't see how the president loses to any opponent, but i'm not asking you for election forecast. >> on the economic side certainly we hope the coronavirus is not a long-term issue, that's something that could change the economic picture, i think the market is telling you that people don't expect that but that's a risk. i would also say there is a risk that the president decides now to engage in trade fight with europe, could have costs in terms of business investment and confidence but right now, lots of positive indicators about the economy and especially for workers and rising wages. stuart: you got it. stay right there. we have to look at the market this -- what day is it, tuesday morning, we will be up another 120 points on the dow industrials, up 11 for the s&p, up 47 for the nasdaq, despite the virus, markets just seem to want to go up. come on in, please, i'm saying that investors around the world are to some degree discounting the effects of the virus, what do you say? >> they are, i mean, i would say this, you know, no matter what happens, stuart, and the investment public needs to know, we will get through the coronavirus even if it gets worse, at some point in time we will come out of the tunnel, as traders told me down here, if you will make bet of world ending, if you win the bet, what do you win? [laughter] >> the investing public needs to know we will get through this, we flip from pandemic to pandemonium at times on television. we will get through it. the markets are telling us that's what they think. there could be another selloff around the corner, who knows, that's a timing issue that the investment public needs to balance, not whether the world ends or not. stuart: okay, the market just wants to go up, i've been saying it for a long time, what say you now? >> i agree with that, so much money that needs to go number 1, number 2, we are doing our best, where he -- at length how the other economies are struggling. i liked the numbers that we got on friday, they were fantastic. but, you know what, we need to have something there if things don't go well, we are running skinny here, what i mean by that is 3.5 or 3.6% unemployment rate we should be doing better than 2% growth, we really should be. and the 1.6% 10-year doesn't make me feel really good, that's capital destruction level rather than the economy is doing well. i just want us to do a little bit there so if we do see downturn we have gun powder to play with rather than have skinny than to have supper on the board. stuart: who said business news is boring? individual stocks are moving right before the open, hasboro, toys from movies have made them a lot of money, look at underarm our, down 15%, that's 15%, weak holiday sales and they are predicting that the virus will hurt their 2020 business. amazon shares in record territory, that stock is up 15% this calendar year, that's just in 2020, susan li at the new york stock exchange, do you have an explanation as to why it's made extraordinary gain? >> there's a lot going right for the company, s, -- stu, record profit, you also find more prime members, 15%, 150 million prime members are shelling out $119 a year and don't forget this is what we call recurring revenue, you get regardless of how many products you actually sell, most of amazon's profit are coming from their division called amazon aws service, cloud-computing division and they grew 32% at the final months of last year, toys, the market share that microsoft currently owns at 32%, still, if there was weakness here it's about amazon and slowing growth, the average price start on the stu, you will like this, $2,400 and above. stuart: i loved it but i missed it. that's live, i guess. susan, we will be right back to you shortly. that's a promise. i do not want to down play this, it is a chronic and tragic human story, we have an update on it, china, what's this, they fired their two most senior health officials? >> well, by some accounts, warnings, beijing getting very tough now, the party secretary for the hubai health commission, head of the commission losing their jobs, deputy director of local red cross out for his -- what they say duty of handling of donations to party officials also been replaced by one national figure sent in from beijing, bottom line is, beijing getting tough because they are under increasing criticism by the way they've been handling this outbreak. stuart: i think they the deflecting criticism to individuals, deflecting criticism away from the communist system which to blaming part for this. ashley: classic beijing playbook, over 100 died yesterday, there's some sign of hope, the actual number of new infections down 20% from the day before, now the number we have now confirmed 43,138 and 118 deaths. stuart: new infections -- ashley: slowing down. stuart: good to read this stuff, dow is up 100, s&p 10, nasdaq 45. the trump administration cracking down on sanctuary cities,i call that another example of trump unlearned, he's going right at him. there's this, tensions at -- apprehensions at the u.s.-méxico border, down, comes trump hard line at work, bernie sanders 7,500 supporters in a rally in new hampshire last night, big production as you can see, that's a produced show, plenty of enthusiasm too. how does the rnc like that? we will ask. more varney after this. stuart: primary voting in new hampshire has begun, last night left-hand side of your screen, bernie sanders big rally, 7,500 people. it was durham, new hampshire with a little help from aoc as well, very well produce bid the way. gop chair rona mcdaniel is with us, bernie took a leaf out of your book, and very successfully, did he? >> bernie has had crowds, he's had energy, he's just a socialist which isn't going to play in a lot of the country when he talks about taking away people's healthcare. stuart: i hate to interrupt the rnc chair but i did it. before the 2016 election people said no way a business guy, a maverick like donald trump could possibly get elected and he was and they are the same things about bernie sanders now, there's no way a socialist can get elected, what do you say? >> i don't think a socialist can get elected. i mean, let's look at this, i think donald trump will get reelected because of what he's done, like you just talked about the economic numbers are so strong, 90% of americans feel good about where they are, they're better off than 4 years ago, unemployment rates at record low, the president has delivered and the president is going to get reelected because of what he's done in office. >> proof of him going after his opponents because he really is now trump unlearned, do you like it? >> well, i think the president deserves a little time to vent based on what he's gone through, being under investigation for 3 years looking at the abuses of fisa court, all the things that he dealt with the mueller report which was completely fabricated and now this impeachment hoax, i mean, i think he has a little right to vent, he was very optimistic last night. he has a record to run on but he pushes back and that's what people love about him. he speaks the truth. stuart: i would like him to go further on it, maybe i'm wrong politically or strategically, but i'm sick and tired of people bad mouthing the president, people like me, like our viewers, i want to see them go after them, i really, do i'm tired of it. i want to see not retribution but i want a firm response, go after them, mr. president. >> well, i think he will like it. nobody has had to deal with what the president has. it doesn't mean you attack the president of the united states year after year and trying to prevent to get things done and what have you done despite headwinds and obstruction is really remarkable. stuart: i will be facetious and sarcastic, the vote came in 3 out of 5, 3 write-in votes for mike bloomberg, i would ask how much it cost to buy those 3 votes. [laughter] >> i was saying earlier, median income just went up in dicksville knox, i have no idea. obviously hillary clinton won dicksville knox, i was waiting for the ground hog to come out. the president will win new hampshire and win nomination, he's to popular in our party, they love that he's fighting for the american people and that's why he's seeing unprecedented levels of support. stuart: have you spoken to your uncle lately? >> to soon. stuart: thanks very much. merger with print votes approval, both stocks straight up big time that would provide new competition, the company will create, both of the stocks a are up. just a little. >> this is what he promised news 2016, people can argue whether it's the right priority, it's important to know that while sanctuary cities may be focusing on a sort of virtue signaling and trying to criticize the president, what they are doing is going against decades of policy from presidents of both parties, you go back to when bill clinton signed immigration law, a lot in there about cooperation between federal and local law enforcement, obviously it's federal policy, national law but you saw that bipartisan consensus even more state officials and enforce our laws, is federal responsibility, it's not something states and cities can said policies, i think the president will have a good argument, really provides in many cases the bear minimum cooperation, the government would expect when it's lawfully enforcing the law. stuart: i think the president wins the politics of this. >> i agree. the notion that a city can died our national immigration policy or -- or not cooperate with federal law enforcement, i think most people would understand that choosing to opt out of assisting a lawful federal investigation is not really an option for most of us. stuart: good to see you again. this year's oscar a total ratings flop. [laughter] stuart: viewership at all-time low. i'm happy, i'm happy. i don't want people to be watching these people, the talented actors, they are not politicians, get off my set. get off my lawn too. here is a look at futures once i calm down, you will love, 140 points on the dow, oh, what a day, stay tuned. stuart: how many people watched the oscars sunday night when they got real political? ashley: fell to all-time low. the emmy's numbers were poor, 32% year over year, people are not interested in what actors are to say about politics. kind of poking fun at the oscars, the most famous people in the world. everyday hard working people, it has the opposite effect. he's right, when he -- stuart: he did the golden globes. >> come up here, thank your god, nobody cares about what you think about the world. stuart: i think we have made our point. dow is going up from the get-go this morning, up 140 points, the rally continues, we will take it to wall street after this. begin to tell you... how bright you shine. how strong you are. how brilliant... unique... how you're... my rock. my diamond. for the diamond in your life, there's only one diamond store. it's the valentine's day sale. get 25% off everything. including these special deals. at zales, the diamond store. but inside every etf... there are untold hours of careful construction... infinite "what ifs?" and contingency plans. creating funds that help target gaps in client portfolios. tap untapped potential. and strengthen confidence in you. flexshares. powered by over a century of investment expertise before investing consider the fund's investment objectives, risks, charges and expenses. go to flexshares.com for a prospectus containing this information. read it carefully. for a prospectus containing this information. pnc bank has technology to help a pnc business line of credit, because sometimes inner peace requires a little external soundproofing. or pnc total auto. a place online to easily find and finance the right car for you. and your passengers. or pnc home insight, to search for a new house within your budget. hopefully with a grass yard. pnc - make today the day. stuart: this is a bull market, look at that, less than 2 minutes to go before we open up and we will be up, that will probably hold for the next couple of minutes, mike murphy is here, ashley webster, all together now. [laughter] stuart: hello. i think that the market is completely separated from the virus, what say you? >> it's looking past the virus, stuart, it's really bad for people that are getting it and dying out. ashley: slowing down of new cases reported out of china, it was down 20% which is encouraging. stuart: i don't want anybody to forget that this is a tragic human story. ashley: o yeah. stuart: a friend of mine has parents on board the princess -- diamond princess. ashley: you're kidding me? stuart: real trouble. ashley: australian couple ordered bottle of wine to the beat. they got it and drank it. stuart: dreadful human story but the rate of new infections is slowing down, so we are looking as a say, mike, we are looking past the virus toward the say that we can say it's winding down, that's why the market is ignoring the virus and we will go up significantly at the opening bell, we also have some very strong numbers on the economy. actually more to the point we have strong numbers from polls looking at how people feel about the economy. ashley: 59% felt good about where they are. stuart: americans say this is the best economy since late 1990's, that's the headline in washington post for heaven's say that. the market will rally 3, 2, 1. [bell] stuart: there you go, we are up and running, let's see how we open. left-hand side of the screen, right from the get-go all-time high for the dow, we are up 113 points out all the dow 30 being open, 29,400, i think that's a record high. 29,400. we are up nearly half percent. how about s&p 500? 3366 all-time high, nasdaq, 55-point gain, better than a half percentage point rally. i say it's a bull market. tesla, check that out, they've been on a wild ride recently, this morning they are up $4. 776, i want to see amazon, all-time. $2,840 a share, microsoft, this kills me, this absolutely kills me, i sold it at 159 and 3 weeks later at 190. i don't blame you, 190, record high for microsoft, google, all-time high, just moved off of a fraction, right now up a buck 63, they've just -- hr has just left, not apparently hurting the stock, boeing, now that's bounced off its lows, it's back to 345 as we speak right now. okay, let's get tesla, still up 80%, this calendar year 2020 it's up what, 80%, that's extraordinary. [laughter] stuart: you know the question -- mike: i do. stuart: i ask and you answer, will you touch it with 10-foot pole? >> i would not, a lot of people in mainstream are talk about tesla and what tesla is doing and whether they should be buying tesla because they are seeing hundred point swings in the stock, if you're not the stock jumping after 80% move in the last 6 weeks is typically not a good idea. i would not suggest -- stuart: i'm surprised from a man like you, premier electric car company in the world and you won't touch it. >> i want to get in -- i think the easiest, stuart, when you get good entry point and good price, after 80% rally -- >> stuart: i think you make the point. i will give you that one. ride-sharing stocks, we will look at lyft because they are ready to announce results after the bell today, susan, come into this, lyft, it was uber that rallied on a good earnings report, i'm not going to ask you what to expect from lyft this afternoon, but there's some talk that lyft could be bought, you know that? >> that's right, north coast researching says that lyft could be worth $60 a share as acquisition target by the self-driving car developer like the tesla and alphabets of this world but after the bell today we are looking to do better because uber did better last week beating in the earn education report but also saying they will get to profit outside expenses a little bit earlier than anticipated in the fourth quarter of this year and people are expecting lyft to do exactly the same, they are not dragged down by the cost associated with food delivery, you know lyft lost 2 and a quarter billion dollars over the last 3 quarters, had to lay off staff last year, 60 of them, they have told us that they will get profitability by 2021, people are looking for them to bring that forward or disappointment later on today. stuart: thanks, susan, let's look at the iphone maker foxcon are recalling workers to the factories in phases but they can't get all the workers to go to the work because the crack-down and lockdown in various parts of china but apple still up this morning, 1.22 higher on apple, yeah, there you go. up a buck 22, 322.77, i have a short correction to make, earlier i said that the dow opened with all-time record high, sorry, folks. ashley: yeah, needs to be up 131 points to get into new record territory. stuart: it actual went do -- it went to 29,401. ashley: 408. stuart: let's correct that. we lost a bit of the rally, we are up 70 points. there you have it, canada goose, can we get that up please? i have a bunch of price target downgrades, 70% of revenue comes from china, the stock is unchanged, i think it's been down before today, the parent of coach, tapestry, all stores in china are closed, ubs raised price target to $28 a share and that's where it is. okay, got that, that stock went up 50% after announcing that they were talking with rival simon property group, that deal would be valued at 3.6 billion, those stocks up, full disclosure, i bought some -- what did i buy? simon property group. >> did you really? >> t-mobile merger with sprint wins approval. both stocks up. that's a good indicater, 1.57%, gold was a flight to safety, moving out to tune of 3 bucks an ounce and oil, i'm always interested in this. >> up a little bit. stuart: $50 a barrel. okay, look at the average price for gas, you come back, 242, the price fall of 20 straight days, murphy, i know that you're not interested, that's a terrific shot in the arm for the economy. >> absolutely, no debating that. trading price of oil is tough but having cheaper gas in the country helps everybody. stuart: certainly helps me. it does, that's well said, all right, back to stocks making the biggest moves, yes, new all-time highs for amazon, microsoft and google, well actually microsoft is