Will the president respond . Varney and company is about to begin. Stuart this is a very big day on wall street, 257 points, straight up, plenty of earnings reports, more of the coming out after the bell. We will see about that later. Lets get this, 256 points hi, the dow is at 16,700. Here are the names fuelling the dow rallied. Caterpillar made a lot of money last quarter, caterpillars up 5. 3 ms sales were up almost 4 . That is not huge but its business will keep growing through the next year. Is up 8. Transportation sector of very big winner. Two Railroad Stocks hitting alltime highs, Union Pacific and csx. Check more transportation stocks, alaska air, jetblue, writer all with big gains, 19 of the 20 stocks in the index are up. Big rally. Look at the price of oil, dropped to 80 a barrel yesterday backing up to 81. 79 today. The real story for energy is the price of gasoline, 3. 07 a gallon. That is your national average. 15 states in the 2 club. The price of regular is less than 3 a gallon and where is the cheapest gas in the country . You pay cash, 2. 45 a gallon at the busy bee sting houston, texas. Charlie gasparino is here. These markets just want to go up. We are not masochists at the fox business network. We like it when the markets go up. Stuart where are you going with it . Trying to lay out the facts. I told you paralysis was the best medicine. Dont do anything. Lets figure out what is going on. It is still contradictory market. You have good earnings coming out, markets up on that but the price of oil is going down. That usually means the economy is weak. Stuart we are producing a ton of that that is driving the world price down. You dont know what is in the mind of traders. Those are contradictory issues for the market to digest and q e is ending soon. I cant wait to see how the market reacts but richard fisher, one of the top people at the fed, we could raise rates based on the strength of the economy. Stay in the market, that is what dick fisher is saying, that the fed wont move over, wall streets current position raising shortterm rates next year, ending money printing, the wonderful word you hate so much that rolls off my tongue, q e, it is going to go. When that happens, dick fisher believes the economy will be Strong Enough to take the market higher. Stuart say that again. Q e. Buzz him. [buzzin [buzzing. ] bernard when the midterm elections have to have something to do with this. Markets like the fact republicans will take the senate and stop president obamas more socialist, progressive economic stuart we wont buzz you for using that word. We wont. Markets are smart enough to know, that is only congress. The president can veto anything they do. Obamacare is not going anywhere. Taxes are not going down unless the president has got a needle in his arm. Maybe he might decid taxes. I doubt it. That is about it. There is said dysfunctions that will go in washington. Stuart there is concerned that the next crisis there is concern what the president will do about it. Theres a nervous market. The market from ebola, obviously the country we wont have an epidemic the Obama Administration was so feckless in describing it. Stuart the market went down on the canadian terror event. Listen to this. And was an amazing scene inside the Canadian Parliament in the last hour. They gavel to order 24 hours after the terror attacks inside the building you are looking at. There is the sergeant at arms. The shot and killed the suspected terrorist and got as you can see a standing, emotional ovation. Very emotional moment, it lasted over a minute. Then it got back to business. As for the sector, he was a recent convert to islam, he converted from the name michael he took the name michael zehafbibeau. He killed a soldier standing guard at but war memorial, he was considered a highrisk traveler by the canadian government had had his passport seized. That is something we do not do in america with suspected terrorists. Cans Prime Minister calls for shooting the second terrorist attack in three days. Used the word terrorists. President obama wont use that word. Colonel ralph peters is here. I got to ask this. It looks to me we have a group of people inside america, they are here already, they want to kill us. Can we call them terrorists and go after them . You start by calling them terrorists, president obama is suffering a weird depression. The world has disappointed him. It is not the way he was assured it would be. Islam was the religion of peace. He does have to finally say islamist terrorists, repeat three times, mr. President. By the way that canadians were not ready for this. Is a shock to their system. On a much smaller scale destructionwise it is their 9 11, the loss of innocence but they handle that since the attack very well. Their Prime Minister has spoken out, called it islamist terror. They made one dangerous mistake. They told all their military personnel not to wear their uniforms. I understand the practical use in but think about that. Two global terrorist attacks this week were able to back down the entire Canadian Military and put them in civvies. You dont do that. You have a lot of Business Executives among your audience. They know one thing you dont do is show fear. When you deal with the islamist terrorists the ultimate negotiation you dont show fear and our president shows fear. Stuart i think the president had a weak response to what happened yesterday in canada. He did not raise the tariff threat level but he did say we shifted our posture. You are a military guy. What does that mean . Shifting a posture. Doesnt mean much of anything. Islamic state are on the rampage in the middle east. We are holding the line at kobani, they are advancing on baghdad. In the last 24 hours the pentagon said those syrians were going to trained to fight for us we will only trade them in defensive measures. It is absolutely lunatic. You dont see people defending their villages because you cant win playing defense. At this point despite the rhetoric from the white house, they denied have a policy to defeat the islamic state. Stuart why is the president he seems so reluctant to have some muscle and attack and go after it . He seems reluctant to do that. The honest answer is i thought the president needed seasoned veteran advises. Now he needs a psychiatrist. Stuart that is a dramatic statement. I think he has Serious Problems. He cant face the reality of the world around us. He cant admit he is wrong about anything. He seems to be living in a delusional world. Met a psychiatrist tell me i am wrong. Not white house spokesman. Stuart when you raised an interesting issue. That is throwing the cat among the pigeons. He is the paralyzed president. Stuart paralyzed . That bad . Cant make a decision on anything that really matters. He seems personally insulted and modified the democrats are abandoning him. His policies havent worked out. Islam has disappointed him lose the nobility of the underdogs around the world have disappointed him. Our military turned out to be necessary after all. It is one thing after another. Here is the man as i said before, he is hamlet, forever to be or not to be. Cannot make a decision and when you cannot make a decision about life or death issues, you have got a mental problem. Stuart i think we will leave it at that, we appreciate your input and we will see you again very soon guarantee. Colonel ralph peters. Want to get back to the markets 250 points and that is the solid rally indeed. Look at general motors, strong sales but auto recalls hurting the stock around 31 a share. What is the story . Nicole the stock is up 1. 1 beating analysts expectations. They had strength in north america which offset a weak areas of broad. With the mans we saw in north america you are seeing gm with an up arrow. Stuart i know yelp is down big but tell me why. Sitting at 58. 63, it is the outlook on the fourth quarter, revenue is a lighter than expectations. People are really looking at the outlook and with that i put up a longterm chart which is a 15 ipo, it is 58. It did cross the 100 mark. Stuart all you got to do is look to the future and the mildly disappointed and take you down 16 . Nicole they have growth and advertising without placing the selloff. Stuart thank you very much. Charlie gasparino, you look pensive. You will react to colonel beaters saying the president needs a psychiatrist, yelp down 16 . Those are interesting. Stuart when colonel peter is shocked me. I was not ready for that. I am not going to say the president is crazy but maybe he is inexperienced, maybe he is not a very good president. When you dont listen to people like leon panetta. I know him little bit. Some rightwing loony like us, leon is up leftwing weft of center. When he tells you you have to go after terrorism and you ignore it stuart when you are going to stay there. Take you for another block. We are one day closer to the midterm elections more likely, the gop will take control of the senate. The socalled war on women, might not be working as well. More in a moment but first look at this. Pass 6 pound gold nugget found on public land, found on public land in california going up for auction. Expected to bring them to 50,000. A finder wants to remain anonymous. He founded on public land. It goes under is the gavel in San Francisco but who is going to get the minutes . [ male announcer ] you wouldnt leave your car unprotected. But a lot of us leave our identities unprotected. Nearly half a million cars were stolen in 2012, but for every car stolen, 34 people had their identities stolen. Identity thieves can steal your money, damage your credit, and wreak havoc on your life. 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Some are being billed twice for charges he made using apple pay and a thousand transactions being affected. They are working to fix it. Be of a will refund duplicates charges. No impact, the stock is up, apple is 10484. Has to be close to an alltime high. Apple keeps going up. The latest on ebola patient can vincent. She is ebola free. Cleaning crews remove 50 barrels of Hazardous Waste from dallas apartment with the family says she has been approved for transfer out of isolation. This was not the black swan event it could have been. The Obama Administration got its act together. That is one of the things that scared the markets was the fact, contradictory statements about potential for contamination, our ability to handle what would happen here and it didnt meet with reality. At that point of the market was falling on every headline. Now it looks like finally i still think there should be a travel ban but taking a lot of steps in between to secure the country. Stuart no new cases. Give them credit for getting their act together even though it is late. That is why the markets react on terrorism news, they dont think these guys are competent in broad important things. Stuart democrats are using the war on women strategy. Might not be working as well as they expected or plant. We use the texas governors rays as an example. Poster child for the left wendy davis losing by 2 among women, losing among women to her challenger greg adams. Why are the democrats losing the war on women . The democratss strategy rests on this sexist premise that women only care about contraception and abortion. If you go to the Washington Post you see a scale where on one end it is contraception and Climate Change and jobs and the economy. Women care about more than their gender. They care about womens issues. Democrats dont get that. Stuart do republicans understand . The other side of the calling . They could exploit this weakness among the democrats and maybe go on the attack and go after women . That is where you hit the nail on the head. Republicans do not understand this. For instance you take republicans not changing vote rhetoric, republicans like todd a command Richard Murdock in the last election the made sexist remarks about abortion. They dont change the terms of the debate to focus on jobs and that is the problem. Republicans lost in the last six elections and that is the problem. Harvard law, you are a young woman, what kind of reaction you get at harvard to being a young conservative . It is pretty surprising the number of libertarians at harvard. Is not a bad reaction. People are open to hearing the republican message that people admit consistently they dont hear the republican message of this data hear from republicans because republicans, that mitt romney won by 7 points, rocked by 36 points, single women. Republicans simply dont speak to people like me so my message people receptive to hearing, got to go to the campus and talk to them. Stuart you are familiar with this study that harvard law grad have the highest salaries of the mid point of their careers more than grants from any other law school. I am sure when you graduate in wont settle for much less than 500,000 a year. Grow up, stewart. I am joking. Really encouraged to this is a really encouraging setting given the fact that i will pay 170,000 and nothing extra. Given the fact that for three years, not having any sort of thing other than my case book. I think you want my job. I think you want to sit in this seat out of graduation. I do. That is my goal. Stuart fine with me, that is four years away. Question, which is healthier for you, mcdonalds or chipotle. You would think the latter, wouldnt you . That might not be the case. We will break it down after the break and if you hear that music you know it is one of weird als most popular hits. He turns 55 today, weird al yankovic, happy birthday to a good friend of varney and company. Can i be in your next video . Lets see your move. Do it stuart you got me. Opportunities arent always obvious. Sometimes they just drop in. Cme group can help you navigate risks and capture opportunities. We enable you to reach Global Markets and drive forward with broader possibilities. Cme group how the world advances. Many americans who have prescriptions fail to stay on them. Thats why we created programs which encourage people to take their medications regularly. So join us as we raise a glass to everyone who remembered today. Bottoms up, america. See you tomorrow. Same time. Another innovation from cvs health. Because health is everything. Stuart paid close attention. That rally at 246 points. Look at chevron, they announced a Major Oil Discovery in the gulf of mexico as they say will add significantly to their production over the next couple years. That is what we want. More domestic oil and chevron found that. Is up 2. 5 . Bad news for uber, and they are gathering for a global day of protests. The drivers of protesting the companys fare cuts and fee hikes. Demonstrators waved signs and chanted reid is the disease band uber is infected. No stranger to these protests but it is still there. When it comes to the fast food fight on health theres a meal from chabot we really that much better healthwise than the when you get at mcdonalds . Lauren simonetti visited both chains, look what she has got. She is hungry. Stuart if we are talking strictly held, you have a chipotle meal. At chicken burrito with white rice, green chilies, guacamole and chips. We want the other one . Big mac and fries. Lets talk calories. Which of these has the most calories . 1700 calories versus the big mac and fries, about 1,000 calories. Stuart 1700 calories. Didnt think of that. The big mac has 530 calories. Stuart and you have 1,000 to go. 1700 versus 1,000. How about salt . I am sold by should eat less. You should eat less. Mcdonalds has the most salt. The big nick had 960 milligrams. The bar rita, 690 milligrams of salt. Stuart almost 1,000 milligrams versus 600 or 700 milligrams. Are you convinced that salt is bad for you . Everything in moderation. What i am concerned about is we keep telling everybody, millennials like to go because the food is healthier. Is this healthier . The ingredients are fresh. I golf all that but if you look at the calorie count, i dont want my daily intake of calories in just my lunch. Stuart i tell you why they like chipotle, because you ordered that meal on line. You have me on your show at 11 30 of the time and the paris shows up in at 11 00 and i go to those restaurants and get lunch. I placed the order online first because i cant do that at mcdonalds, theyre testing in certain cities, not where we are. It was difficult. A lot is easier and avoided a line. I went out in the rain. Stuart now eat this. Time is money. 30 seconds. An update on the irs targeting scandal turns out the Obama Administration was holding out critical information on lowes lerners emails. We will give you the story at 11 50. Mor