Shale gas if we go get it and if we allow it to be exported. Remember, please, russia controls a great deal of the energy that europe uses to heat their homes. Hes got europe over the proverbial barrel unless america jumps in. Sandra smith is here. Yes. Stuart so if we hello. You have an opportunity. Stuart yes, from Angela Merkel of all people, any european. Thats why everyones saying, hello, president obama, this is an enormous opportunity to become energy independent, become exporters of oil. Heres the opportunity. If we were to speed up the process, we could probably do it in a few months. Stuart will he do it . Thats your question. Huge opportunity here. Lots of people knock manying on his door. Knocking on husband door. I say its still going to take a long time stuart come on, charles. I tell people to buy lng. Its 54 right now. But those export portals that are needed still take a lot of listen, i know the Company Inside and out. I called them the day they got the u. S. Approval, i said can i speak to an executive . He said, everyones drug champagne. I fell in lo right there. Jimmy pays three or four times germany pays three or fur times more than what it costs for us. Today need this. They needed it before the russian thing. But if merkels got obamas back on this economic war against russia, hes got to get her back. Stuart right there, Natural Gas Company right there, nice move. Sandra smith, they take billions of dollars, and theyve got to build these trains and its so intense labor, but theyve got the money. People know this is going to work. Stuart yes. Dont forget the study, please right. No more studies. Stuart hold on a second, were almost up 100 point os telephone dow. 99 if somebody buys something now, please [laughter] dow industrials have finished higher there we come on, come on. Thank you very much, indeed. Nasdaq is under a lot of pressure. Stuart it is. The biotech things really beginning to implode. Stuart yes. Can we have a quick look at the s p 500 . Thats a much broaderbased indicator. That, i think, is what do can you call it, sandra, an intraday high . There you go. 1880 has been a level a lot of traders have been watching. Stuart its 1881, i guess well take that. Tiffany, well use this as an Economic Indicator of sort, a disappointing profit forecast. Charles, the stock is up two points, thats 2. 5 . Does that mean that the rich are spending heads money in tiffany . No. You can see the stock was down this morning, so was nike. They both have reversed because any analyst, when i do my analytical work, i do it in what i call constant currency. I dont care about fluctuations. When they reported themselves, the numbers were much lower. For instance, japan was out 12 , but if you took out the yen and all that stuff, it was really up 8 . Bmw may p open more plants in this country. We saw Williams Sonomas numbers. Tiffanys numbers are absolutely fantastic. I still say if they ever renovate that Flagship Store in new york, theyll be even better. Stuart i love that store. Thats holding them back. Thats the only weak link in the whole company. Stuart loves it. He actually goes stuart straighten this man out. Spend money when you go there. [laughter] stuart thats getting very personal. [laughter] stuart nike, whoa nike down 3 . Big drop. Sandra, do you know the story behind the 3 drop in nike . I do. Stuart go. So the stock turned on a dime when the Conference Call, they beat earnings expectations, and it was great news, and nikes shares rallied. And then the Conference Call started, and the company was warning about next quarter and the fullyear earnings forecast, and everybody was like, oh, whats going on here . Theres concern about china. Nike got very popular in china there for a while, and now this whole china stores sort of going away or getting put on the back burner, and everybodys wondering what thats going to do to sales. It is really the outlook stuart it was the Conference Call that did it. By the way, the stocks still up 40 over the past year. Stuart dont put this stock up on the screen yet. I just want to describe it. Its another big name, we follow it closely. This particular stock is all about profit margins, menu selection, average check size, expansion and men you selection. So, nicole, tell me where chipotle is this morning. And yummy too. Look at the stock. Its right now flat, but it hit a new record, alltime high. If you look at a chart over any period of time, youll be impressed with this stock. It is up 90 in the last year alone. It was a spinoff from mcdonalds. Look at it now. And somehow manages to buck the trends that we hear of so many, sbarro pizza files for bankruptcy, we hear mcdonalds talking about global sales dropping, you hear so many struggling, and yet chipotles stock is unstoppable. Stuart look, its down a buck now, but a few minutes ago it had reached 6. 22. Thats why we put it up. Still selling guacamole. Global warming. Stuart hold on, everybody. Do you know what you were doing eight years ago today . Well, it is the eighth anniversary of the very first tweet. It was sent out by cofounder jack dorsey eight years ago today. Thats how young this huge Company Actual is. Actually is. Today, of all things, were following developments in turkey where the Prime Minister over there, hes pulled the plug on twitter throughout that country. His opponents have been using twitter to talk about corruption within his, the Prime Ministers, inner circle. Charles, he pulls the plug on the entire operation throughout the country, that shows me the power of social networks. Oh, theres no doubt about it. We saw the same thing in egypt, in sur ya. But syria. But ive always said in china, for instance, the next real revolution will come via the internet, and its going to happen all around the world. Stuart you cant really shut them up, can you . Were surrendering control of the internet. Well, thats a different story. Kind of a sad story too, i think. Stuart just wait until the United Nations gets op twitter. Its been almost three years since steve jobs passed, and apple still trying to show that it can be just as innovative and exciting as it was when he was alive. Were joined now by the author of the new book haunted empire apple after steve jobs. Welcome to the program. Thank you. Stuart now, your book says that apple has not emerged as the Great Innovator that it was. Is that correct . Yes. Well, i think thats theres still time, but its struggling now. Stuart okay. Theyve just not come up with the kind of new products that steve jobs introduced year after year after year, is that it . Well, theres that, but i think apples also suffering from a perception issue. Steve jobs embodiesed, you know embodied, you know, not just vision, but be he also had this power of persuasion that was just magical, and so even when things werent happening, he had this ability to persuade people that there were exciting things to come and the things working on today are exciting. And i think without him apples less convincing. Stuart is your book an implicit criticism of tim cook . Are you basically saying tim cook cannot and does not measure up to steve jobs, the innovator and great leader . Well, thats a loaded question. [laughter] stuart no, its a fair question. You must have come to a decision in your book. You must have said one way or the other. You know, i look at it differently. I think that apple itself is in a really challenging time when it has soon in this huge growth. Its turned into this megacompany that dominates the industry. Everybodys chasing them. And but everyones catching them. Well the point is maybe theyre catching them because tim cook is like larry holmes tmmad ali. Jobs wanted to win everything. Tim cook doesnt mind losing here or there, he doesnt mind ceding the companys goals Stuart Charles is asking my question again, is your book an implicit criticism of tim cook . No. No, its not. Im just saying hes a very different leader than steve, and so he, you know, its apples in a challenging position right now, and even if steve was around, apple would have had these challenges. Not having him around makes things difficult. But, you know, apple could d is still a very successful company, right . Stuart sure. Tim cook is an excellent businessman. Stuart we dont know him. Nobody knows well, not nobody, but very few people know much about tim cook. I dont know anything about his perm life. Im told that he very much keeps to himself. Hes a workaholic, thats all he does, work, work, work, work, work, and hes big on numbers, and hes very intimidating in meetings. Thats what ive heard about him. Have you interviewed him . Ive spoken to him in the past. Stuart okay. And whats he like . You know, honestly, i have done the deepest dive that anybody has. Ive been to his hometown in alabama, talked to his teachers, and i still dont foe him. Know him. He is so, you know, hes a mystery wrapped up in an enigma. Stuart he keeps everybody at arms length. He doesnt want anybody to know him. Yeah. I think you do see a little bit of that when hes out there talking. Steve was all emotion. Stuart yeah. And so theres something appealing about that. Stuart this guys not. And he holds Something Back of himself. Stuart let me ask you one last question, i dont know whether you can answer it or whether youre willing to answer it or not. Okay. Stuart would you buy apple stock today at 530 a share . I cant answer that, but im on a reporters salary. [laughter] stuart the book is called haunted empire apple after steve jobs. Thanks very much for joining us. Thank you. Stuart all right. Two dow stocks, one upgrade, one downgrade. Both from goldman sachs. First up is boeing, cut to neutral. The stock is down 10 this year, down just a fraction more right now, 123 on boeing. You know, charles, id buy that thing if i could. I like boeing, but thats another story. You held microsoft for how many years . [laughter] stuart very funny. Were going to Check Microsoft to see if weve got some more good news. United technology raise today a buy, again, this is by goldman. Shares flat this year, up today 1 , 115. Another obamacare bombshell. This time comes from straight from one of the architects of the law, zeke emanuel. And it will, fundamentally, change the way you get Health Insurance. Kiss your plan goodbye. Thats what he says. The judge is next on that. Z but tracking all the action and hearing everything from our marketing partners, the media and millions of fans on social media can be a challenge. Thats why we partnered with hp to build the new nascar fan and media engagement center. Hps Technology Helps us turn millions of tweets, posts and stories into realtime Business Insights that help nascar win with our fans. Stuart oh, come on, everybody, stand up and cheer. Isnt in the way you like to isnt in the way you like to end up a friday . If you dont like that, what would please you, may i ask . If i was short the market, i wouldnt be. [laughter] stuart how many of you out there short the market . Hey, you know what . I have to assume there are some. Stuart right. Develop gotcha. Where are we this morning . Cows up 108 dows up 108, where is gold . Gold is up. 1336. Give me your outlook for gold, sandra smith. Well, im not giving you my outlook, but i will tell you theres still an enormous bullish presence in this market right now. Lots of calls out there for 14, 1500 gold prices. The idea here would be that gold is going to continue to rise along with the equity markets. That doesnt always happen. Stuart that bottom line thats right. Stuart is stocks. Stocks, equities and stocks. Right. Stuart and the top line is gold. This is more money being put to work in general. This is risk on. People are going into commodities, theyre going into the stock market. Sometimes we see gold moving the complete opposite direction as stocks. Sometimes gold is favored when things are very uncertain. People want a safe haven and stocks are going down, but right now this is a sign that people are putting money to work, and as far as the gold stocks themselves, theres a major rally happening there. Stuart really . Yes. Gld is seeing huge inflows, a lot of the gold companies, barrett gold, abx, theyre all going up 10, 20 gains. Stuart you are eating into judge napolitanos time here. Hes glowering next to me. She can say anything she wants. [laughter] stuart let me get to the bombshell. Its a bombshell about obamacare. Zeke emanuel, he helped write obamacare. He says the vast majority of employerprovided health plans will disappear. You will not get insurance from your company. You will be pushed to those governmentrun exchanges where you will receive a taxpayerfunded subsidy. Judge napolitano is here. All of this is in his book, and its reviewed today in the new york times. This is what his book says. 60 of americans get their health care from their employer right. Stuart in ten years itll be maybe 20 , if that. Its a little scary. I think this is part prediction, part he knows what hes talking about. Its highly deceitful, deceptive, but the remedy for deception is to vote them out of office. Theres no legal remedy for this. This whole thing was an enormous pulling the wool over our eyes. We now know just from this book alone so people know who he is, he is the brother of the chief of staff to the white house at the time obamacare was written. Rahm e man well is now emanuel is now the mayor of chicago. He is also the technical medical adviser to the drafters of obamacare. He advised them on all the technical language this there. Hes basically saying we pulled the wool over your eyes, its just going to take a couple of years before it happens. Stuart he says, he spells it out. In the year 2018 theres going to be a huge new tax on those Health Care Plans that are generous that you get from your employer. A very big new tax. It will be cheaper, he says, for employers to dump people, put them on the exchanges, pay a fine and lower their costs dramatically. You know stuart you push them on socialized medicine, towards government care. Well, that is a very difficult trend to reverse. But i want to share what i believe, share with you what i believe is a little bit of sunlight, and that is that the obama this obamacare so unpopular notwithstanding mrs. Pelosi claiming its a winner. The democrats have almost conceded that they will lose the senate in november. If there is a republicanelected president if 2016, because the president has delayed so much of obamacare it will be far easier for a new republican president and Republican Congress to undo it. If he had stuck with his guns and allowed it to start when the statute was supposed to start, it would have been more difficult to reverse it in 2017 when presumably therell be a republican president , Republican Congress. Stuart but had he stuck to his guns and gone through with the original plan from day one, no delays, no sidebars, side doors, out the door he might have been written out of town. Stuart i mean, the democrats will be really ridden out of town. Absolutely. So, you know, theres Wishful Thinking in dr. Emanuels statement, theres some revelations that he could never have revealed four years ago, but its not necessarily a given. Stuart ive got another one for you, judge. The first lady, she has arrived on what im calling a Diplomatic Mission to china. The white house announced that she will not take any questions from reporters. Again, im saying this is a Diplomatic Mission. Shes going to meet shes meeting right there with the first lady of china. Right. Stuart they are discussing relations right there. Its taxpayer funded but no media questions. Does that raise not constitutional questions, but does it raise your hackle les . Yes, it does raise my hackles. It does not raise constitutional questions. The Supreme Court has ruled she has the right to speak and the right not to speak, as does her husband. He is not required to hold press conferences. But the press should put her husbands feet to the fire about why your wife is doing this and we cant ask her any questions . Mr. President , could you bring her down here the next time your in the White House Press room . Because we have a lot of questions for her. We dont want to ask her, we want to ask her. I hope ed henry asks that next time he confronts him. [laughter] stuart a direct line through hes got to live and work down there, i dont. Stuart he does. But i guarantee president obama has said something to his wife, michelle, and that the leader of china has said something to his wife, whose name i cannot remember. And theyre going to get together on this. Theres a relationship being wonder what this is costing the taxpayers . Do we have the slightest idea . Stuart a lot. Youre happy to pay it, arent you . Im not. [laughter] there you go, varney. I finally got you to say it. Stuart its friday. I did it for you. Youre a fellow alumni at the London School of economics, theyre going to strike you from the rolls. Stuart attention viewers, please, tonight at the Brooklyn Academy of music, is that right . Yes. Stuart judge napolitano is performing in front of a packed house, more than 2,000 people. Hes got a oneonone 90 minute discussion, debate, diatribe, i guess, with justice antonin scalia. Yes, yes. No holds barred. Stuart and no cameras, nothing like that . A lot of press z there but no t cameras. Tv cameras. Stuart you versus no, no, no, its more of an sewer i view. But you know me, i cant restrain myself. He thinks some of my views are a little loopy, but he has a thing for the London School very exciting, judge. Stuart hes right. [laughter] hes a brilliant scholar. Stuart great guy. Thanks so much, judge. Next, we reveal half the winners in round one of our tech tourney as chosen by you, the loyal viewers of varney company. Plus, starbucks serving alcohol. You had some very interesting thoughts on this one. And an ode to the viewers is coming up. Flush. Up. A short word thats a tall order. Up your game. Up the ante. And if you stumble, you get back up. Up isnt easy, and we ought to