Shall observe. You will see the memorial event unfold throughout our program today. The stock market trading begins at 9 30 a. M. And were at a modest gain after yesterdays late and very big selloff, the dow is probably going to be up 90 in the modest gain for the s p of 37 on the nasdaq. That is at the open. We have no idea how the market closes today. Look at this, peloton, the stock of the day if not the week terrific Earnings Report, huge increase in sales and a rosy projection for the future. Watch that stock go. Peloton is up 9 at 97. I have three quick headlines for politics and money. Microsoft says russian chinese and iranian hackers are targeting the 2020 election. No impact on the stock of course but this is a clear warning. Joe biden is embroiled in a teleprompter dispute. Does he use one to help them answer questions. Surely that is out of balance but articulate president ial candidate. In the nfl is back completely protest into and thumbs you will see it all. September 11, 19 years on, Varney Company is about to begin. Stuart its a solemn anniversary that we observe this morning, 9 11 Memorial Services are being held across the country. Here in new york city Vice President pence will where the towers fell. Meanwhile President Trump on his way to schinkel pennsylvania as we speak paying his respects to those who died on flight 93. We will be following this route the program and you will see it all let me turn away from the 9 11 anniversary and go towards money and the market. Im starting with microsoft. They are sounding the alarm on the election interference. Susan tell me exactly what theyre saying. Russia, china and iran are trying to interfere with the election. It attacked the dnc four years ago, theyre back at it again targeting both democrats and republicans trying to hack personal email accounts and consultants on both sides of the aisle and meantime chinese hackers are targeting the Biden Campaign according to microsoft while iran is focusing the Trump Campaign so microsoft findings followfalls on the u. S. Governmt intelligence findings warning that russia, china and iran were actively taking steps to interfere in the u. S. President ial election google in june said it had also detected other test from china and iran as well so probably the most important part of the election system for balloting of voting have not been broken into and thats according to the cybersecurity expert consulting the white house Election Security but it shows that you have the foreign agents in the foreign governments that are looking to persuade the vote. Stuart some going after Trump Campaign and some going after the Biden Campaign. Its i equal opportunity hacking opportunity. To you for an interesting they claim both sides, they thought maybe they were helping the Trump Campaign. Stuart thank you susan. I want to bring in market watcher jonathan hoenig. I want to talk to about election chaos. It seems that chaos is absolutely inhabitable and i dont think were going to get a result on election day even election week. As a manager of a hedge fund, how do you plan for this type of coming chaos. It makes it very difficult, i have to say my thoughts this morning and today are with the families of the victims of 9 11 with tremendous appreciation in the families and First Responders. Im not religious but i say to all of them god bless you and my thoughts are with them. Youre right, its going to be chaos and is not just my estimate, i looked at the derivatives and their estimating chaos, big spread is indicating that this will be the most volatile election in three cycles and what they call the swatch ands market, sounds a little in the weeds but its estimating election that will be four times more volatile today itself then normal. Russians are hacking, iranians or hacking, as soon susan talked about what can we as investors do, we should be angry at governments job to crackdown on this. Why can google give me ondemand for my iphone but government cannot crack that. They seem to cannot crack down and give us a Fair Election free of the type of meddling. It makes it that much harder to be an investor, not just because of the economy but knowing all of the foreign actors are actively trying to interfere in what should be a free and Fair Election. It makes it more difficult to invest. Stuart your running a hedge fund, what are you doing for 50 odd days in advance of the election what are you doing what are you buying. Were doing it successfully in my fund is up 17 and were diversifying away from the big names that make up the s p 500 and the nasdaq. We talk about apple and microsoft coming to dominate the embassy but were looking at access like platinum, commodities and variablerate preferreds to try to diversify and get out of holding what is been the winners in the last couple of months. Diversified thats only way you will survive in this market. Stuart diversify, i got that. See you again soon. I want to show you peloton, why not, surging premarket after a spectacular Earnings Report, lauren cumin, spelling out how good was it. Christina people love peloton, companies swung to its first ever profit, sales nearly tripled, doubled subscribers and they plan to do this all again next year. Theyre predicting 2. 1 million subscribers and revenue of three and half billion dollars in 2021. Just one year ago the company ipo and it went from having a cold following in the new more expensive bikes, and plans to resell customers old bikes at cheaper prices when they trade them in. So they have more price point and they can attract more customers. The stock we saw up today is pushing a record 100. We will see if it gets there today. Stuart tell me about lululemon, theyre promoting class on resisting capitalism. But dont they sell hundred dollar yoga pants . Lauren its hypocritical, absolutely. Will show you the post, this is what theyre promoting on instagram. There d colonizing gender and resisting capitalism. See it in green on the bottom of the screen. I dont know, capitalism made lululemon, they sell yoga pants upwards of a hundred bucks. So the backlash the receiving on social media is swift and this class is scheduled for next week. Do you think they will cancel it . They might. People do not like when theyre forced stuff like this. If youre going to sell expensive close, capitalism is alive and well, why resist what you do. Stuart sad point. I cannot explain why they would be doing that. And i suspect they will indeed cancel it. We shall see. Ladies and gentlemen, the season officially kicked off last night not without controversy. I take it that social justice was front and center. Ashley it certainly was from the very beginning the chiefs taking to the field for the very start of the nfl and they were out there for the National Anthem and lift every voice and sing considered to be the black National Anthem and by the way the texan remained in the locker room that was their way showing solidarity apparently in the cheese players stood and locked arms during the anthem and before the coin toss both teams shared a moment of unity and midfield but if you listen it sounds like the fans are booing. Take a listen. [crowd boos] ashley interesting right. If that is not booing i dont know what it is. Pretty interesting it sounded like booing. Nbc commentator chris deliver the message before the game, take a listen to that. Were not. Anyway Chris Collinsworth says he stands with the players 100 in says social reform in this country is long, long overdue, that response and other responses on social media was very mixed, some say bottomline politics has no role in sports. The nfl took heat for the end racism slogan painted in the end zone at arrowhead stadium. Some people took issue with the cheese logo next to the message believe in the chiefs should change its name and other thought it was weird to have close to that message as well. You can see bottom line the season is underway and we will see this a lot truck the season and by the way the chiefs 131 20 per there you go. We are up. Stuart the bottomline politics is firmly entrenched in sports. Thank you. Check out the future, we have some green, not a lot but after yesterdays big selloff we will be updating for the dow and 37 on the nasdaq. More than 160 new york city Business Leaders are calling on mayor de blasio to crackdown on crime and improve the quality of life, those are issues that are plaguing the city of the moment. They warned that people wont return to work if they do not feel safe. This has the feel of the business revolt directed against the mayor of new york city. Wildfires devastated the west, to Southern California and sadly thats not the only problem in the golden state, Los Angeles MayorEric Garcetti is urging residents to conserve energy, do not run the ac and heat wave. They have an Energy Problem in senator kevin cramer has something to say about that pretty joins me next. Before we go alive look at the Freedom Tower in Lower Manhattan as we remember 9 11. 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For now and whatevers next Northern Trust wealth management. Stuart in california the wildfires are reading theyve have taken ten lives and 3 million acres destroyed in one particular blaze scorched over 470,000 acres in northern california. The fires are hitting oregon and satellite image on your screen showed two towns almost complete wiped out. 500,000 residents have been evacuated. Our next guest has an opinion piece which slams California Energy disaster saying remember this, the disaster in california when you go to the polls in november. Senator kevin cramer wrote it either north Dakota Republican and he joined does not prove what you mean senator about that Energy Disaster when you vote in november. My point, i was an Energy Regulator before i became a member of congress, i see this coming for a couple of decades and talking about specifically we have a pricing scheme that is so distorted by government subsidies, tax policy and on top of that we are mandated to prohibit electricity and one of the things california is suffering from an addition to the fires is actually magnified by the fires and the fact when its 100 degrees the wind doesnt blow, at night the sun does not shine. Underway that surprising in getting rid of things like nuclear and coal in the wonderful lowcost natural gas that is a wonderful generating he will, nobody wants to pipeline. There took a coming home to roost and this is happening other parts of the country in recent years, both in peaks of summer and peaks of winter and we have to remember that because this is liberal policy and liberal states as well as liberal members of congress and president in the past that allowed this to happen. Stuart let me show you a tweet that was sent out by Eric Garcetti. He sent this out on sunday and said its a most 3 00 p. M. Time to turn off major appliances, set this thermostat to 78 or use a fan, turn off access light, unplug any appliances or not using and we need every california to help conserve energy, please do your part et cetera, et cetera, et cetera. He is referring to a shortage of energy in the middle of a heat wave. It seems like the People California have a choice, you want to go with Global Warming and mitigate Global Warming with their Energy Policy or youre going to get really hot in a heat wave in california. Its a very unfortunate choice. Its an unfortunate choice and one that should not have to be made. You can have good conservation Good Environmental policy with appropriate price signals but you cannot do it if you distorted to to only certain types of electricity are allowed on the grid. Not only are you not without electricity but the grid itself is going to collapse and the reliability resiliency depends on constant electricity. This is true the dead of winter in the northeast and the midwest where i live as well as the heat of the summer. What is not too late to turn back but is becoming too late because with every coal plant thats retarded every Nuclear Plant and every gas pipeline that is objected to, we put ourselves a greater risk. Stuart i think you made your point and we thank you for joining us. Im going to show you the New York Stock Exchange moments from now theyre holding a moment of silence in memories of 9 11. Those attacks happen box from wall street. [silence] [silence] stuart we apologize we have lost the connection to the New York Stock Exchange where they are now holding the moment of silence. It is a minute of silence in remembrance of 9 11, this is the 19th anniversary. I made one point if i may, back then on that day at the very beginning right after the terror attacks, america was truly united and that is a sharp contrast on where we are today. We will open the market in just a few minutes and open with a modest gain for the dow industrial up maybe 100 points and will take you to wall street after this. Introducing stocks by the slice from fidelity. Now you can trade stocks and etfs for any amount you choose instead of buying by the share. All with no commissions. Stocks by the slice from fidelity. Get your slice today. Come on in, were open. All we do is hand you the bag. Simple. Done. We adapt and we change. You know, you just figure it out. Weve just been finding a way to keep on pushing. Im a delivery Operations Manager in san diego, california. Weve had a ton of obstacles in finding ways to be more sustainable for a big company. We were one of the first stations to pilot a fleet of zero emissions electric vehicles. The amazon vans have a decal that says, shipment zero. Were striving to deliver a package with zero emissions in to the air. I feel really proud of the impact that has on the environment. But were always striving to be better. I love being outdoors, running in nature. We have two daughters. I want to do everything i can to protect the environment to make sure they see the same beauty ive seen in nature. My goal is to lead projects that affect the world. I know that to be great requires hard work. Guys guys safe drivers save 40 safe drivers save 40 safe drivers save 40 thats safe drivers save 40 . It is, thats safe drivers save 40 . Hes right there. Its him safe drivers do save 40 . Click or call for a quote today. Stuart youre looking at the 9 11 remembrance ceremony happening right now next to the memorial fountains, thats where the towers once stood. Jeff seeger is with us, i dont want to talk about the market this morning, i want to talk about you as a lifelong new york, at, what is t i s tte11 ou. Hs ditoes ea mtoou t a sis a dayis, der i isti y19rs19rs19rs latnd and i and l it wit westeesayrd iaytrd istrdf ethhieng thi tt ihalaedn o yourur hrt h artnd indtoe doeoe resiresiveim tim t tnd a inknk about thou pplehat i ltos it,os a a btrien aveen rugglingggith tith tit f t l hy years, srs,ugrsglinug with wh diddid you happen and could hapn again. All the things that go through my mind. I look at it as a time of remembrance in a time of questioning and trying to understand and also as a time to realize that life is precious and we have to embrace every moment. Stuart do you remember immediately after the attacks, literally within hours of the attacks you saw american flags sprouting from just about everywhere, cars flew the flag, households flew the flag, people put a giant flag across the street where i live at the time. It occurs to me that was a moment of unity and it did not last but it was