The jobs number. The nikkei is now up 50 for the year. That is the best since 1972. Our road map begins with momentum from fridays jobs numbers. Markets looking to extend their momentums today after the dow and the s p turn in their first jump since a month ago. American Airlines Begins trading today after they blocked the merger of american and us airways. Mcdonalds samestores sales. If you are attempting to travel for business, were going to get you updated on the fallout from the big Cross Country winter storm as it moves out of the northeast. First up, stocks hoping to continue their upward momentum from fridays jobs. A 198point jump in the dow sent the blue chips up above 16,000. They saw their weekly winning streaks snapped at 8. We came within. 75 of a point on the s p of making it nine straight weeks up in a row. We havent done it since 04. Missed it by that much. Lack of bad news. We saw friday the beginning of what a lot of people are thinking, wait a second. Maybe the transition to a new economy, where the Federal Reserve is not playing that much of a role, can happen. Thats what bernanke told us what could happen. It would be amazing as a swan song if it does happen speaking of the fed, front page of the business sentence, the first sentence of ben apple balms fed piece. Federal reserve officials are in no hurry to retreat. Were in a weird moment here. When i looked at the pan aklee of knees, not a lot of bad. Not a lot of land mines. We had this conversation and promptly went down for a few days. True but the difference might be that the news flow is very positive this morning. It is indicative of the year. Sisco buys a company, u. S. Air. No one is thinking they will do that. Here is a stock thats been stuck at 33. The other one is stuck, period. Then, we have gilead and this is like apple with china mobile. This is the moment in time that people think, thats new. They create reasons to buy stocks. I was on the phone with somebody who was very big in p. C. S. This has really accelerated. P. C. S . Yes. Thats the reasoning behind the intel upgrade. Western digital, take a look at where that stock has been. My kr micron for a while. The banks are challenged because it looks like jpmorgan is trying to hire really smart people that may have influence in the United States, no. China. I forgot how it is done. Are they supposed to people that have just fell off the turnip truck . Welleducated people that are in the communist party or people who cant do well and fail. A fair point. What a story in the times over the weekend. Duff a problem with the linear relationship between those hires and business . Im still stuck upon the idea that when i got into business on wall street, it is kind of like when you apply to college. I remember when i applied to college, i said, you mean to tell me that 50 of the people that get in, their parents went here. Thats outrageous. Well, you know, what are you going to do, sue them . Apparently, you can. Here we are talking about jpmorgan and yet another potential problem. Your point broadly, the jobs picture looks a little brighter. We are having persistently low inflation, which is worry some in its own right. Go by clorox, the drugs. Another camp said, go by parker hannafin. The world is accelerated. Both want to put money to work. Give me gilead. Give me sysco, the right sysco. I think that inga is going to pull one out. Bet against mcinner any, y, it mistake. U. S. Air, more planes we bought because the Balance Sheets of the airlines are so slow. Speaking of airlines, lets move to the news from this morning. We have been awaiting us airways and American Airlines will clothes their merger today. American will emerge from bankruptcy. The deal was denied by the supreme court. The Company Begins trading this morning as American Airlines listing on the nad dabbing under the dicker symbol aal. Doug parker talking about what it means. We have to provide a return to our investors. The last 10, 11 years are improving that airlines that cant do that are allowed to grow and expand. We expect to produce a profit that will provide a nice return for our investors. Thats what they expect and thats what we plan to deliver. Anybody who is in the equity of the failed American Airlines has seen an incredible return. Anybody who has bought the debt has seen a great return. 72 is being owned by the debt holders of american. You have an equity or recovery value on your equity here. An important thing to keep in mind, you are going to be delivering equity to an awful lot of debt holders who typically dont own equity and will be sellers of that and some workers. So look out. There has been a little bit of concern about a lot of selling pressure here in the early days as you get the equity. You are a debt holder and you sell it, because thats not what you do for a living. Aside from all the integration risks that you see carriers struggle with again and again. I want to buy this. It is buyable because the company is good. I was so reassured that doug parker said the race wont go up, david. Even though there is tremendous con s consolidatio consolidation. Isnt it great . They are going to consolidate themselves. He will tell you if he is going to move rates up sharply. I said to myself, you know what, it is so good for the consumer. He told us that. Irreparable injury is what the critics said about the deal. We are trying to get this thing to go to the supreme court. It has been said that this year, it hasnt been the Silicon Valley stock purchase that was the big winner. It was buying an airline in severe distress that made you the most money. So many dreams came true. I buy fannie mae. It made money, riteaid, an unbelievable story. Sprint, an amazing story. Sirius satellite, you are not supposed to make money this way. In the singlepriced stocks. Fannie and freddie you will see. Distressed hedge funds that bought the debt of American Airlines. That was a smart move. 1 billion in synergy is what they are sticking with for 2013. You think they dont just go up because of the Yellen Bernanke conspiracy. I think it has gone up because of fundamentals. American got 72 of the combined company delivered to its holders. This debt equity and otherwise. Well see at carls point. You and i at airlines and continental, not the easiest at all. The story this morning about the guy that woke up in houston on a united jet, woke up in the plane, locked in the plane and had to call his girlfriend to say, get the airline to get me out of here. He was not the pilot. He was not the pilot. It wasnt the pilot. They never got him. Not in the terminal. Those cost so much money. In the meantime, mcdonalds is out with its same story sales figures for november. 5 led by 1. 9 in europe. In the states, down. 8. Hurt by what mcdonalds is calling ongoing competitive activity. Sales in the Asian Pacific also down. That persistent weakness in the states is making some wonder if this is no the a macro issue, if this is a perception, a share issue. When i pull up the wendys ceo, inventiveness, trying to come up with new things all the time, keeping the menu fresh, i dont feel that with mcdonalds. I know you visited the l laboratory. There is a lot of design reinvention. The biggest complaint keeps coming back to the menu. They are under severe pressure when it comes to the discussion over a living wage, a minimum wage. Their competitors, whether it is a pretzel hamburger at wendys or a doritos taco at taco bell, they have not made noise with new products. And there was a trickle about the down fall of diet soda. People arent buying soda with the same lackrity. I stopped. I have never been a big soda drinker. So i cant connect it to that. As for fast food, what about burger king . It is okay. I like wendys more. You do . I see a turn in jack in the box over qudoba. I see panera doing a bit of a turn around. Doing very well. Del frisco coming up. A little steak for breakfast. Never hurt. The thing about mcdonalds, in the long run, it has been correlated with employment. You have a job to go to, you might stop and get a cup of coffee. If employment doesnt improve, you would hope at least that begins to show up in some. Starbucks when they are doing plus seven or plus eight, they had some card. It went like that. The formulas that are really strong are working very, very well. Darton not working. There, you have a challenge to management. The ones that are working are percolating higher. The Restaurant Group has been very good away from mcdonalds. A brief mention of sysco, the food company. A huge 65 billion in sales is what they are going to have. They are paying about ten times u. S. Foods trailing adjusted ebitda, 820 million before synergies. Take a look at that move. It is not a merger monday. We have seen so few deals. So often, it seems this is the reaction from investors. They will end up owning, kohlberg, kkr, they will end up owning 13 of the combined income. We should dissting wish sysco or crisco if you want to call them something equally as pejorative. This company has done nothing. They step up to the plate. Look what happens. There have been very few deals. When you get a deal, it is spectacular. They are moving more toward organic food, doing a lot of the right things, stock goes higher. They are making up almost the entire Purchase Price in the accretion to the overall value. You should become an investment banker. This also is a way to get an exit, although i dont know, for the private equity firms so far. If they could just raise prices by. 1 . It is very easy to see this deal. Oh, a sysco truck, how did we get by that . Or a u. S. Food truck. Maybe this leads to fewer trucks at the togo rack. If you have to repaint a lot of the trucks, that could be extra cost. Otherwise, i am raise sysco right now. Well get an update on this crazy weather heading toward the northeast. Former amr chairman and ceo, donald carty will offer his input on the merger from the newest airline. A lot more squawk on the street in a moment. [ male announcer ] this store knows how to handle a saturday crowd. [ male announcer ] the parking lot helps by letting us know whos coming. The carts keep everyone on the right track. The power tools introduce themselves. All the bits and bulbs keep themselves stocked. And the doors even handle the checkout so we can work on that thing thats stuck in the thing. [ female announcer ] today, cisco is connecting the internet of everything. So everyone goes home happy. What a game at lincoln financial field yesterday, 8 inches of snow as the eagles do fly and beat detroit. Thats my picture. This was the picture that jim was tweeted from his seat yesterday. I cant see sean. You dont have to worry about it. Thats First Quarter activity. The nfl stops for nothing. Sean mccoy, 217 yards rushing, breaking a Team Franchise record, a record set in 49. One of the great things was his interview after. He said, i want to thank steve for putting that number up but records are made to be broken. He is a fabulous guy. It is fun to play in snow like that. The eagles have the fewest soft tissue injuries of any team. They had no one on injury. They have strength and conditioning. Navy seal. Never talk about plan. I saw mccoy in the summer. The practice ends and he is not quitting. He says, no, i want more practice. The punishing his body has taken. They got rid of andy reids taco tuesday and fast food friday. They were doing snow angels. Sorry, brent sellic, you got denied that touchdown. Speaking of the snow, the east coast is getting slammed by this snowy icy mix. A travel nightmare. More than 1,000 flights within, into or out of the u. S. Have been canceled today, according to flight aware. Mike seidel is in leesburg, virginia, with the latest on the storm. Good morning to you, mike. Reporter good morning, carl. Out here, we are dealing with subfreezing temperatures, right near freezing. A lot of work to try to clean the ice off. Thats too bad. It looked like it was going to be a good live shot. The snow is coming this way. I think we are going to start getting some snow in the city here midmorning tomorrow. I saw total flights canceled, 2800 canceled as of sunday evening. Three deaths in dallas over the past few days. It has been rough. It was towering on i95 yesterday. It was closed at one point, just so many accidents. People were just. I know we have that here tonight. That was no way you could use cars. You need an atv. With the market, cramer is here to help you get off to a fast start. We will get his mad dash after the break. One more look that futures. We have three on today. With fidelitys options platform, weve completely integrated every step of the process, making it easier to try filters and strategies. To get a list of equity options. Evaluate them with our p l calculator. And execute faster with our more intuitive trade ticket. Im greg stevens, and i helped create fidelitys options platform. Its one more innovative reason serious investors are choosing fidelity. Now get 200 free trades when you open an account. Losing thrusters. I need more power. Give me more power [ mainframe ] located. Ge deepsea fuel technology. A 50,000pound, ingeniously wired machine that optimizes raw data to help safely discover and maximize resources in extreme conditions. Our Current Situation seems rather extreme. Why cant we maximize our. Ready. Brilliant. Lets get out of here. Warp speed. Opening bell for this monday coming up in 6 30. Lets start off here. Everybody likes that. The spread between what you are getting in the United States, west texas and overseas, valero natural, that Deutsche Bank upgreats them. People have been talking about this trade for weeks and weeks. Thats a big move. Whats behind that move and why suddenly is everybody getting upward here . Then, cushing got bad again. They cant export enough. The prices are plunging because there is such a bottleneck. I think the bottleneck will be alleviated. I think they recognize you are not early in the move. The big stocks like eog that have been down and down, i would rather bet on them. Than the refiners led by valero . It is too late. They are all upgrading now. It has been such a obvious trade. The quarter is going to be fantastic. This was down five. The great days are over. Well, thats not what you expect of an executive to say . No. He said the free money. The free money days are over. Memo to ceos all over the country. If you mimic mark papa and tell the truth, your stock gets hit. Free money, that may be true. Get it now while you still can. Take the free money. Thats what i have learned. Lets go from there to there. This is very interesting. We talked about sysco. Whitewave is the company thats the best milk. They make the best almond milk, the most popular. They make soy, moving into some more organics. This is the opposite of the diet soda move. Greg ingel is doing this one, a huge Peyton Manning fan. He wanted me to wear a Peyton Manning jersey on there. I was trying to say the nfl prohibits it. I just didnt want to wear it. Why would you . Just to please everybody. Anybody in jersey had a 7 and a 9 combined, it turned out to be false. You like this story. I love hain and i love whitewave. These are dealers to the whole foods, fairways, sprouts, fresh markets. Safeway and kroger. Natural foods is a big theme. This is fresh. I switched from soy to almond. I think almond is too sweet. Im switching back to soy. Do you use real milk . Yes. Are you out of your mind . Cow milk. Plantbased, man, plantbased, p. B. The opening bell is a few minutes away. We have a lot more sidewalk on t squawk on the street coming back after this. [ male announcer ] what if a Small Company became big business overnight . Like, really big. Then expanded . Or their new product tanked . Or not . What if they embrace new technology instead . Imagine a companys future with the future of trading. Company profile. A Research Tool on thinkorswim. From Td Ameritrade. You are watching cnbc squawk on the street. The opening bell set to ring within the minute or so. A lot going on as we talk about some of the things that are going right, some of the disappearing reasons to be bearish. Last week, it seemed like 1800 was going to be the battleground. We may clear some of that. The only reason why you might want to be bearish, it does feel so bullish there might be something lurking. You have to be careful between now and christmas. A lot of the lions shares come in the latter half of the month. You will see what it looks like here today. The nikkei, up 50 . Here at the exchange, Security Company celebrating their spinoff from ingersollrand. This is a really amazing time. When you break up, what happens . Good things. You shrink to grow. Ingersollrand shrunk to grow. Celebrating the merger of m amr and us airways grew. It is a big win for them. They have a big loss tonight coming. Dallas. The cowboys. Cowboys versus the bears. I like the bears tonight. At home against dallas. Very focused. He is very focused on his eagles. Lets just talk about monday night football. When you spend the day in the blizzard, i dont know what it has done to you. We were pumped, very pumped. David, i know you are going to look closer at sysco. Syy. It is the deal of the morning. Some morning, we dont have many others to talk about. 3. 5 billion in equity. Is what they are paying, about ten times the trailing 12month ebitda. They are also taking on 4. 7 billion of syscos debt. They can refinance that. We will talk more about it in a few moments. That and well couple that with a discussion of logic. Acti activism has replaced mna. Share holders love it. They are talking about 600 million in cost synergy over time, over three to four years. Wow, that is incredible. Thats all i can say. It has added well more in market cap than what they are paying in equity for the company. Extraordinary move. Kraft gets this upgrade over Morgan Stanley. They see some good things coming out of productivity and restructuring. Everything they do is lucky. They worked. Should they have worked as well. Some of these stocks have done so well in that Consumer Products group. It has people do this. The economy is never going to do better. They bought kraft, because it is staples. I no long