Theyre bringing on set. Super mario to the rescue, one of the most respected investors on the street tells you the way to set up for a january stock bounce. Hes ready. Yeah, but retailers are knot the ones that sell diamonds, but theyre more the ones that are important to those who need them. Auto parts and things you need for home work, home depot and lowes. Liz thats the key. His first comments about marios longtime favorite stock, whether to hold or sell that stock. We have good news for gas guzzlers, the average price of gasoline now 2. 04, but with the opec meeting this friday and, of course, the turmoil in the middle east, are we on the cusp of a policy change for the Worlds Largest producer . With us, former ambassador to saudi arabia, robert jordan, on whats going to push the saudis to move. Will it be oil or isis . Too much of a good thing . Marco rubio leads the gop candidates with endorsements from congress, but could this ultimately be his demise . Were going to look at the pros and cons of his support base. Were about to rock and roll on this cyber monday. So with one eye on your shopping, thats okay, keep the other on us, and lets start the countdown. Liz and we are continuing to follow breaking news at in the hour, the story that has the massive metropolis of chicago rivetted right now. Naacp protesters were told have just been arrested after parading coffins in the streets of chicago in this last hour. They, of course, have been voicing their anger over the shooting of Laquan Mcdonald by chicago officer jason van dyke. The situation is very serious. Not only is the shopping district very tense with heightened police presence, but the university of chicago has closed its campus after an online threat to kill 16 white students in retaliation. Jeff flock is on the scene. Were going to be bringing you any new developments as they emerge. Meantime on wall street, it is, of course, the last day of trade for november. On your screen, the markets. Dow down 56, the s p down 6, the nasdaq down 17. You could call this a narrow trading range because weve been closer to the flatline, not much action, but the floor stocks that are leading the dow this month, home depot, dupont, nike and goldman sachs. At the moment its caterpillar and microsoft that are moving higher. We did have microsoft getting a strong buy rating from raymond james. Chevron and exxonmobil, the big oil names, also moving higher. Investors, of course, may be stuffed from turkey, but lets stuff you now with real focus on how to bring some Holiday Cheer to your portfolio. No better person to give us a holiday investing plan than Gamco Investors chairman and ceo. Huge question marks hangover this market between now and the next couple of months, but as we hook at the macro picture here, the question marks are isis, the Federal Reserve and whether it will hike rates in december, just a few days from now. Weve also got a quiet consumer or a questionable consumer. And on top of that, should we invest in stocks or not . Wow. Youve got a long christmas list. Liz man, i hope you have a good memory. I can remember all of it. About a year ago we were worried about ebola, now were worried about isis. We should have been worried about isis three or four years ago liz okay, but we werent. Well have an election in 12 months, but thats an ongoing issue. With regards to the consumer, the consumers Balance Sheet is at an alltime high. 100 trillion, debt is 14 trillion, the two areas you worry about, liz, Student Loans and subprime for cars. So the car sales, which are going to be vibrant in november, you have to worry whats going on underneath. With regards to the consumer, gasoline, that is food and fuel prices have come down sharply. Their aftertax spending is doing well. Wages are rising, jobs are more plentiful. I think its going to be a very merry but subdued, practical christmas, but everyone is telling me including those that i watched around atyava rd thrsh treg i r ayht. That is a good thumbs up for the consumers health. But as you look at the stock market, youve always been a bottomsup research guy looking at individual stocks. You fly to companies yeah, i do all of that, and we still do that. Thats the best part of the business, passion, intensity, focus and profits. Liz okay. What are you passionate about right now . If youre looking at the retail world, and you had said this isnt the diamonds, youve got diamonds of a different sort, do you not . Well, everything is a precious stone [laughter] and sometimes theyre in the raw and they need a little nurturing. Weve always said, hey, for the last year or two, starting last year at thanksgiving when you had the thanksgiving day oil massacre, lets look at the users of energy and how they benefit. One company in san antonio has not done as well, but its done extremely well but can do better is cst. They are a Convenience Store where you go in and get gasoline, you have money leftover, and youre spending stuff on other goodies that they sell. Caseys has done extremely well. Murphy usa, sonoco. So theres a cluster of these companies liz and to that end, if you then do the actual, i guess, broaden the aperture here, youre looking then at cars and how well theyre doing and auto parts guys. Yeah. Well, cars are kind of peaking out, and that subprime does bother me. You know, a lot of issues that im concerned about as to incremental production and incremental sales in the u. S. But not europe. Liz both these names you have liked in the past autozone, oreillys, pepboys, those that are selling cars to either do it yourselfers liz and you like that. Yeah, i ladies and gentlemen that. Genuine parts, liz, i fell in love with in 1967 when i first visited them. Thats the naba stores. So i dont love em and leave em. But theyve had some headwinds due to the currency liz autozones up 36 yearoveryear, oreillys has had a wonderful run too. You still think theres more upside to these name t . Well, i think the category, both of these companies that you mentioned, autozone and oreillys, have been basically taking incremental cash flow and buying back stocks. To the degree that one should say even god rests after seven days or six, we want to rest on the stocks, and we want to move on. Liz right. And what about january . Youve talked about how people may get nervous and sell off the stocks, obviously, but januarys a bounce . No. Do it another way. The practical side of the individuals that are taxable, that is the individual investor, he says am i leaving a tax year with realized gains and unrealized losses . So they will sell stocks that have losses in them to neutralize the outofpocket cash. And in january n quotes the january fed, some of them bounce. Now a lot of the selling by institutions take place a little loosely. So what would be in my basket of things to own, if the saudis were to ever blink, you get a company like freeport be at 8 liz thats cheap. You could buy a lot of Diamond Rings with that. Liz theres some breaking news on whats going on in washington d. C. We have that for you right now. House Speaker Paul Ryan is formally inviting president obama to deliver his state of the Union Address before a joint session of congress. The date, january 12th at 9 p. M. You know, theres such discord between the republicans and the democrats. Is that great for stock picking . People often say that that is, that that works well, theres a notion that a dysfunctional government doesnt work. On the other side of the coin, we need to keep america as a leadership role both in the economy and in terms of job creation. Liz liz mario. Inland waterways, barges, bridges, roads, an infrastructure bill has to be done. Liz gotta get done. And its got to be financed. And its nice to Pay Lip Service and to say the roads suck and are bumpy and you can basically go ahead. We are buying the companies that benefit from that because we think its got to happen. 40 of our 500,000 bridges have d. What are we waiting for . Liz i know. Put people to work. Better jobs and more fundamental, it solves the cost of inefficiency in our system. Liz okay. Speaking of grading, youve got to give an a to a lawsuit at least for the drama factor on a stock that ever since mario has come on this program he has always loved, and that is viacom. It broke on the day before thanksgiving, but it is still very much a story. The steak and sex lawsuit. This, of course, involves a former companion of sumner redstone, the chairman, she was his girlfriend. Shes been kicked out of his mansion. She says she should be in charge of his health. Hes 92 years old, and what do we have here . She has a lawsuit that shes filed to get back into his inner circles good graces. She wants to be a part of that. She says he cannot have real mental capacity at the moment to run viacom, that he is and these are quotes hes a living ghost. He cannot converse them, he only grunts. He has crying spells and, quote, he wants steak and sex daily. Does this hurt the stock . You gave me a lot of interesting, in quotes, page six type news. From my point of view, ive followed viacom since 1973 when it was spun off from cvs. The stock is selling at 50, youve got 12 billion in debt, and i think they need a jolt to overcome the notion liz its a jolt, mario. I dont know, is it a jolt in the wrong direction . If you had to pick between that and the spunoff cbs reason by les moonves, which would you pick . Well, id pick them both. Les has done a great job, and they have to do more on the programming side liz so this doesnt hurt the Company Short term . Down 5 since last wednesday. Short term, i dont know the answer to that. I know that if somebody else were running either piece or sumner was not around, we would have an interesting time frame in which eyes will be focused on financial liz youre holding on to viacom. Well, both viacom and cbs. We are the largest holder outside the family trust with regards to voting stock. Liz so hollywood drama doesnt affect oh, come on, its fun, you know . A 92yearold guy, and they call him incompetent, yet all he wants is steak and sex . Come on, liz, be practical. Liz youre saying, what, if it were you, youd want gnocci. Vino i was trying to figure out what it was. Liz did i mispronounce it . You did great. Liz all right. Hes holding viacom, hes holding cbs. Its great to see you, mario. Happy holidays. You too. Plenty of things to cheer about in 2016, particularly after the election. Liz he likes stocks. Thanks for sharing that with our viewers. Delighted to be here. Liz the dow is still down 50 points, so mario, in his opinion, shaved about six points off the losses, but the closing bell is ringing in about 48 minutes. Marco rubio is leading the gop candidates with support from his fellow congressmen and women, but will this be the kiss of death for his campaign when insiders are not the most loved right now by at least people taking polls . Now, the if diamonds are a girls best friend, then this man is very popular. The Worlds Largest online diamond jeweler tells us why consumers are saying i do and ditching tiffanys and Harry Winston stores and making their purchases online. Stay tuned. But what if you could see more of what you wanted to know . With fidelitys new active trader pro investing platform, the information thats important to you is all in one place, so finding more insight is easier. Its your idea powered by active trader pro. Another way fidelity gives you a more powerful investing experience. Call our specialists today to get up and running. Its gotten squarer. Ov theears brighter. Bigger. Its gotten thinner. Even curvier. But whats next . For all binge watchers. Movie geeks. Sports freaks. X1 from xfinity will change the way you experience tv. Liz o. K. You know this because youve been watching us year after year. After black friday comes cyber monday. This is the day that online retailers offer blockbuster deals for web shoppers. The National Retail federation says its already a record breaker. That we got in the last couple of hours. Online sales are going to jump as much as 8 this year to a pretty massive 108 billion. Im guessing about 90 million hits, visits on 4500 web sites. Combine the cyber madness with the peak season for getting engaged, and the worlds leading online diamond jeweler finds itself in the middle of a perfect storm. Harvey cantor, ceo of blue nile, has brought more than 20,000 worth of jewelry thats it . I think its more than that, right . When youre looking that all you have out here. Take a look at my wrist if you can get a tight shot. This is an 8carat tennis bracelet. How much is this costing . 24,000 every day, but for cyber monday, 12,000. Liz thats so inexpensive. Notice i didnt say cheap. But it has to be today. Has to be today. Liz bluenile. Com, 12,000. How are you able to do that . And is it sort of a doorbuster situation where youre going to lose money on this . No, fundamentally blue nile has a different cost structure. We bring incredible value through the sourcing supply chain we have. Liz tell me, i know youre obsessive, youve been calling every minute to find out hows it going, whats the breaking news on blue niles numbers . You know i cant share specific numbers, but weve had a solid day, solid week. Traffic is up, revenues up liz when you say up, better than last year . Better than last year and very strong on mobile. Liz okay. So people are buying a 12,000 present on snowball. They are. Our web site on mobile . Our web site experience is really easy to shop. Liz weve been checking in on amazon all day long because they have a big Packaging Center in new jersey. I went on amazons site, i clicked on jewelry, theyve got a lot of diamonds out there. We even showed some of the web site, we can show that to our viewers right now. Whos your threat . Is it tiffany . Is it signet or is it amazon . In reality no one is specifically a threat. The value we bring to market is unmatched. So we continue to bring great value to market and continue to drive great, great gift ideas. Liz what are your best sellers this year . Diamond tennis bracelets are phenomenal. Our eternity band today only is doing well liz its the middle one. Yeah, its about 6,000, but today its about 3,000, so its a phenomenal, phenomenal value. Liz how many diamonds in that one . This is a 5carat. Liz and the necklace next to it. Saf fife and diamonds, typically 3,000 and 50 off of that liz tilt it up. Its a wonderful piece. Liz i am wearing blue nile earrings that i got a couple years ago, and they are similar. They will match. Liz i thought, oh, harveys here, let me make him happy. Sapphires, diamonds. Its a wonderful time, except that you look at a consumer, and youre a great sense, a temperature gauge of how the consumers doing. How is the consumer doing . You know, our core business is really solid. Weve had three quarters of doubledigit growth, customers a little volatile, but the core part is very solid. Its the upper end, the 400, 500,000 diamonds not selling at the same level historically. Liz the brick and mortar gang is getting smart. You also have a few stores, you plan to open two or three more. But between tonight at 11 59 when cyber monday ends and december 24th, what tricks do you have up your sleeve, harvey . Youve got to have more of these special moments, do you not . We have many special moments, and the greatest part about it is we can deliver most of them overnight. So no matter where you are, what device you come to us, you can pick Something Wonderful and have it literally at your doorstep most cases the next morning. Liz the 12,000 deal on this 24,000 bracelet i am wearing expires when . It expires tonight. And i can leave it with you. [laughter] liz thank you. If i hand over the credit card, right . Good to see you. Thanks so much for the opportunity. Liz harvey is saying he is doing better on blue nile than they did last year. Thats certainly a good sign. Indeed. Liz everybody says the economys worse. Not for bluenile. Com. Thanks so much. Have a good holiday. Liz its a 6 6 billion industry, but the skeletons in the art worlds closet are what really make it a story. Coming up, fox business hit show strange inheritance and the most stunning story about lost art and the skeletons that are now being exposed. Follow me on twitter lizclaman, lizclaman. Com. Countdown is coming right back and, boy, do we have a treat for you. A dramatic reading of kobe bryants goodbye basketball poem. Dont go away, cant miss that innovative sonicare technology with up to 27 more brush movements versus oral b. Get healthier gums in 2 weeks guaranteed. Innovation and you. Philips sonicare save when you buy the most loved rechargeable toothbrush brand in america. Every insurance policy has a number. But not every Insurance Company understands the life behind it. For those whove served and the families whove supported them, we offer our best service in return. Usaa. We know what it means to serve. Get an insurance quote and see why 92 of our members plan to stay for life. Las liz obviously, the art world has done incredibly well for wealthy investors, theyve turned to unusual moneymaking machines in the art investment plan. In just two weeks this past month, auction houses sothebys and christies sold more than 2 billion in art, smashing records for fall auctions. 179 million for picasso and then it goes on and on. So what does a holocaust survivor and a billboard painter have anything to do with that . Strange inheritance host jamie colby bringing us the story tonight of a painter and holocaust survivor who left behind a dark secret and a diary that revealed much. Yeah. You would think inheriting a diary would just have sentimental value, and in the end, the heir that we talked to is it centered on a journey, one she never expected. She knew her father had been at auschwitz in a death camp, he survived by painting members of the family of the gestapo in order to stay alive. What he didnt know was there was so much art that he had painted that was loot by the nazis and hidden all over europe. This diary gave her clues to her journey. She traveled all over europe. Shes recovered a lot of the art, and we went all the way with her to the museum, the Holocaust Museum in washington, d. C. Where she explained to us the significance of her fathers paint beings. Not just paint beings. Not just of the portraits, but some showing ec locution by choice, things that he witnessed that he hopes people will never forget. Thats one of two episodes that really prove sometimes its not what you inherit in terms of monetary value, but its in how much you love the person that left it to you, how much you want to preserve their legacy. Because the second episode to