Set to open in the green as the u. S. Economy grows at its fastest rate in over a decade. Is dow 18,000 on the way . And walgreens shares higher in the premarket. And new details on the massive recall that is scalding shares of Keurig Green Mountain this morning, literally. But first up, mountains aiming for uncharted territory one day after the dow and s p hit some recordclosing highs, the blue chips are within 41 points of 18,000. A full point would take the s p to a new allday intraday high. Futures extending their gains on data showing the that Third Quarter gdp up 5 . And then theres Hedge Fund Manager david tepper, expressing some optimism about the stock market, writing to stock saying, quote, this year rhymes with 1998, russia goes bad. Easing coming from europe. Sets up 1999 i mean 2015. Although you can read that two different ways. Right, 1999 was parabolic for the nasdaq comp, fantastic for the s p. Obviously, 1999 is followed by 2000. He very specifically didnt mention 2000. Its a little bit opaque. But obviously, if next years 1999, you have to be 180 long. And thats no what im trying to advise people to do. Listen, tepper has had a very strong, longterm track record, trying to divine his intention from an email, i think, is a little bit of a fools game. I would prefer dialogue. Hes a great guest to have on. And a great guy. A charitable guy. Be nice to explore that a little more. I dont want to jump to conclusions to s as to whether saying next year will be a great year. Youve got to be careful, then it leads to the next year, in 2000, was a big down year and the s p fell. While the musics playing, jim, got to dance. Look, i think that what matters the to me is that the market right now is not that overvalued is versus treasuries. And youre 16, 17 s p is pretty good. And get to 29, 30 s p, and you have what you had in 2000. Remember, 2000 5 gdp print deserve . No more than what were getting. I mean, i think you have to recognize that we have a lot of stocks that are pretty fairly valued. Weve got some that can go up a lot. I would like to see more data. And he was talking about russia collapsing, david. That would not be necessarily positive. I dont want to base my whole outlook on an email. I agree with david that a little conversation would help. Obviously, if next years 1999, then were going to have a remarkable year, and youll have to sell the last day of december. Meantime, the gdp number driven largely by Consumer Spending. Some good capex numbers in there. The last one was 3. 9, going to 5. When you start revising jobs numbers up higher, youre missing the datas missing the momentum, the argument goes. Yes, well, remember what dave cody said from honeywell. He said, we have been stymied here, absolutely stymied here because of higher gasoline and higher oil. And that thats going away. And when you get oil down to a level that is really good for the u. S. Economy, and for the emerging markets, then youre going to end up having a very good economy. And we have it now. I mean, gasoline has fallen dramatically. Its really good for discretionary spending. The actual percentage of jobs that were presented by oil and gas, not that big a multiplier, because really limited to a couple of spaces. Its just positive pip mean, its okay. Its positive. Sorry to be so its positive . Today. And if i start to hear some real backups again in the high yield market, that are drifting not just out of energy, more broadly, or emerging markets are starting to have a great deal of tumult again, we have an incredibly strong dollar. Can i can go down so many different roads, it does appear theres skri schizophrenia to our market, where oil prices are seen both ways. What happens if emerging markets mature . What happens if they come back . Now youre talking. Now youre talking germany. Now youre talking japan. Two economies we need to come back. I think they can come back from oil stays low. Those economies arent like ours, where theres these giant consumer economies with suddenly a lot more money. But i do think that we are continually underestimating the power of lower oil. Its a remarkable, remarkable thing to have this oil collapse the way it did. A few moments ago on squawk, you look at a gdp number like this, the immediate complications are for the fed. Highest since april of 2011. A fiveyear auction later on today. You think the fed regrets not having changed the language more dramatically last week . I think the feds not in charge. Whats the fed going to do . The fed going to take they want to cause an inverted yield curve . The 2 is difficult. I mean, when you have other than greece, bonds over europe, selling, you know, giving you very small return, i dont know. I mean, if the fed took the i think the fed should sell all its bonds. 4 trillion in bonds, sold. Why not get out of them . I havent heard a reason why yellin isnt selling the bonds . Why hold them until maturity . Why not provide them to the world who wants them. And you think they could effectively dispose of 4 trillion in bonds . Absolutely. You do . Yeah. Thats a lot of money. Were still talking a lot of money. I want the yield curve to change. I dont think they can sell them at this price, but it would be terrific to raise the 30year. Why not . Lets cool things off a little. You once said, they know nothing, in regards to the fed, and that was on the downside, youre not saying they know nothing now on the upside. This day is such its very strong. Maybe the Affordable Care act slows down things a bit. I dont think theyre going to slow them that down. This is a very robust number. If you believe that oil bounces right back, Boone Pickens did bounce back right, youre going to say, wow, what i did was react to that momentary low. But i think that the fed has this great weapon, which is to sell its bonds, give a little inflection in the yield curve, that will help banks, and its not doing it. Listen, its an idea listen, i told ben bernanke one day he would have to buy a lot of bonds, and he was like well, lets just say, there were meetings where i spoke to people in the fed, suggesting, you know, one day he may have to buy a lot of bonds. It was like, young man. Like, young man i wish i were a young man. We all wish you were a young man, then i would be a young man too. But they listen to you. Im not sure, 4 trillion is a lot of bonds. Its a good opportunity. Sell 2 trillion. Maybe. When it comes to oil, which still seems to dictate to a certain extent where this market goes. We have Boone Pickens saying were going back up. And weve got the Saudi Oil Minister telling anybody wholl listen that 20 is a possibility, or at least, they will continue to keep production where it is, even if it goes as low as 20. Theres going to be too much demand look, it could happen. 99, we had a tremendous plummet and it came right back. Some things can be turned off very quickly, other things cant be turned off. Its very definitely to turn off continental resources. Look, still going to have 16 growth. Its very difficult. People are underestimating the gulf of mexico, which is about to produce 500,000 more barrels president next year. Where are we going to put that . Where we going to put all this nat gas . The term megablood is not an exaggeration. As for boone, he said it will go back because the production cuts youre talking about will take place in the next six months. Hell take rig count down 500. Whats interesting is that boone has emphasized demand, and if the demand he has said demand is week. I dont know whether its so selffulfilling that you get demand coming back. When i spoke to boone, he was adamant, look, demand is the issue. Well, i dont see demand coming back. So how do i read continental resources, one of the biggest shale plays out there. Harold ham, the pioneer, decreasing 50 to 34 by the end of the First Quarter 2015. And average approximately 31 operating rigs for full 2015, also cutting its capex dramatically again from what was 4. 2 to 2. 7 for 2015. He has fabulous properties and he has expensive properties. So what he will do is shift the rigs to where he has these low costs. He will not go after the high costs. I know hes trying to develop scoop in oklahoma. Maybe he has to pack down from that. Whenever you try to speak about what harolds going to do, harold will call you, and advise you that you dont know what hes going to do. So i kind of want to avoid that call. Meanwhile, theyre completing more wells. To your point about supply, theyre completing more wells while theyre taking down rig count. You can drill where theres a lot of oil and drill where you hope theres a lot of oil. And right now, a lot of the guys are switching to where theres a lot of oil. Remember, these shale guys do, a lot of them deplete in half quickly during the first year. So youve got to recognize, that boone could be right two years from now. I think boone is i think hes shotgunning it. A little early. Chesapeake today announcing a big buyback. Closed its shale asset sail to southwestern for about 5 billion. Sold to you, chesapeake sold to you can you imagine the mutual funds right now, saying 1 billion buyback. Call him on the phone. I have like 500,000 shares i want to lose right now. Sold to you chesapeake is a natural gas company. Where are we going to put natural gas . Well, actually, southwestern is is really a natural gas company. Theyre the one that parted with the 5 billion to buy the assets from chesapeake. Im on twitter this morning, i have to believe you cant believe everything you read on twitter, because you cant believe everything my thing could be by north korea, for all i know. Theres a woman who is talking to me on twitter basically saying, look, we have huge we have 51 wells on my land and canadas just walked away from. And canada was drilling. She then gives me the counties. Ill look it up. It does look like there is a lot of drilling there. And canadas a stretch player. So there are stretch players. Chesapeake,ic, would have been better to conservative the fun. Southwest, i dont know but theyre taking in five and parting with 1 billion in terms of a buyback, and that happens over time. Its not as though theyre so you cant drill them . You cant drill them like you want to . Theyre taking in 5 billion from the sale of this property, which closed to southwestern. So by the way, gas prices, now 2. 39 is the average according to aaa. Down for 88 straight days. Thats the longest decline on record, ever. And theyre talking about another 10 to 15 cents by new years. Definitely this is whats causing such good sales for the holiday. Its just this again, i come back to like the president should be on air saying, listen, weve got this gigantic tax cut. But the problem is the bill m mckiven problem. He argues hes one of the Climate Change true but i dont disagree with him on Climate Change. But i know that the fossil fuel, were in a natural gas, its supposed to be a bridge fuel. No one who makes natural gas in this country should ever say its anything but bridge fuel. We all want to be electric, we all want our cars to go we dont want it to run on fossil fuels. And thats important or our kids. I dont want fossil fuels. But in the interim, were going to burn fossil fuels. And i hope were burning less, but we still burn a lot of coil. Periodically, you read that coal is not as bad as natural gas. You know, thats just kind of a how stupid of a story is that . But we want to get off of coal, get off of oil, and get off of nat gas. No ones saying that we dont. I used to make fun of them i used to call them the black lung, no rainbow coalish. And then these natural gas guys come on and they say, listen, were from coal states, the governors want us to use coal, how dare you call us the black lung no rainbow coalition. And i said, youve wrecked all our trees, what are you . But when i meet all these ceos, they clearly dont want to be fossil fuel guys. They would like everything to run on what steve jobs wanted cars to run on. Water one of my favorite tweets of the season is, mark dow wrote, if youre bad this christmas, you get gold in your stocking, as opposed to coal, at 11. 75. You know whos going to be rich . What cso is going to be rich if thats the true . Who will be the richest cos in the world, chief selling officer . Costalo. I thought you were on a holiday hiatus. I didnt know where we were going onning that one. He just said if youre not i know, if you get coal, you get gold. He cant help himself. I know, i know. Well, i didnt hit it yesterday. Come on carl gave me a little what happened to the spirit of giving, man. Look, i said he was the chief selling officer. Im not trying to get him removed from being the chief selling officer. When we come back, a setback for Keurig Green Mountain. The company hit with its first major recall. Well till you in, take another look at the futures here. Were waiting to see if dow 18,000 aps once again and well get to walgreens earnings as well, when we come back from the nyse. Theres confidence. Then theres trusting your vehicle maintenance to ford service confidence. Our expertise, technology, and high quality parts means your peace of mind. Its no wonder last year we sold over three million tires. And during the big tire event, get up to 140 in mailin rebates on four select tires. 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The results coming less that be a week after walgreens shareholders vote on the companys plan to buy what it doesnt already own of alliance boots. That expected on the 29th of this month, that vote. And of course, were also dealing with the departure of greg lawson, which will take place in the nottodistant future. One of the largest single individual shareholders of this combination, being that he was a boots guy, will be taking over as interim ceo. A lot of change at walgreens. Good quarter. When i read this, i talked to greg last week, and i had green on the show numerous times. It did seem curious that gregs out. I mean, this is a fantastic quarter. The baskets up 4 . To me, this is when you give greg lawson a raise. I dont know, there are activists involved. Activists like to go after the strong companies. But greg lawson did an amazing job. Anyone goes to our cvs i mean, to our walgreens, knows the they compete directly with cvs in a very highlevel fashion. And im just surprised that hes out. But this is a Big International deal and he completed it. He said he wanted to turn the company into a health company, he wanted to make it so the stores were better, he wanted to become international, and hes completed all the things he wanted to do. Thats what he told me. Well, passina is a very strongminded gentleman. Hes in his early 70s, but he is viewed as very aggressive. It will be, obviously, important to see who the company chooses to be his successor for the longer term at walgreens. But dont you find it amazing, heres a guy that did a fabulous job, lawson i would like more insight. I should have had it by now. Hard to get ahold of people this time of year to a certain extent to understand exactly what took place in that board room. I think boards are looking more carefully at this thing. I dont know what role passina played and lawson, perhaps, somewhat abrupt departure. I think the cfo also had an abrupt departure. The cfo had some issues, without a doubt. But this company has righted itself, certainly. I have a lot of ceos who deserve to see the door more than greg lawson. How many in five seven comps do you get in retail . Remarkable numbers. There are a lot of numbers that are not nearly as good. But take a look at the changes at walmart and target, those seem to be merited. Target in particular. There was kind of an issue with target and the previous ceo versus Brian Cornell whos really trying to turn it around. You know the bestperforming retail stock since black friday . Staples, kroger. Worst, amazon, gamestop, priceline, tiffanys, macys. Amazon down 11 since black friday. Krogers been a horse that no one really talks about. Staples is special because of the whats kroger other than a remarkable store . I mean, i guess that ceo will be out any minute, right . Maybe activists take over kroger and want it to be 110. Krogers amazing. When you meet with the natural and organic food people, they say, listen, kroger saw it coming. When you meet with the people who do private label, they say, kroger saw it coming. Krogers the least Promotional Company i know. You never hear about the guys who run kroger. All you see is the stock if you look at the chart of kroger, it is one of the great slopes up. Its a remarkable. I know, walmarts going to eat their lunch, walmarts going to crush them. Not so much. I think that stock the problem is, krogers in that great area, that area between like new york and san francisco. I mean, i know, david, you probably havent visited lately, but theres a big part of the country that krogers in. Kroger, the 11th performi 1t bestperforming name this year, right behind monster beverage. Well count down to cramers mad dash ahead of the opening bell. Take one more look at the free market. Not only has the dow and s p recovered their losses for december, but only with ebola, russia, oil, q4 is now the strongest quarter of the year. Were back in a minute. All right. Weve got about five minutes, 5 1 2 to the opening bell on this tuesday. Want to talk a little gilead from yesterday. A really big decline and today Deutsche Bank lowers its gilead price from 1. 42 to 1. 45. The stock is up gigantically and everyone kind of felt, theres no