life go right. state farm. what a day!! starit's time to get moving with 25% off nike apparel shoes, and accessories for the family. at kohl's you'll save a little more with an extra 25% off nike and earn a little more with yes2you rewards so you can give a little more this holiday. kohl's. try theraflu expressmax,nd flu hold you back now in new caplets. it's the only cold & flu caplet that has a maximum strength formula with a unique warming sensation you instantly feel. theraflu. for a powerful comeback. new expressmax caplets. ♪ >>> and welcome back, everyone. in our holiday edition of the weekend download, you got what you wanted, but how does it exactly work? all of us have those questions, and abc's becky worley is joining us with some advice. i have so many questions. hard to read the manuals. specifically the drones. they're notoriously difficult to operate. >> i am a fly by the seat of your pants kind of girl. do not do that with the drones says the woman who has lost two already. rule number one, fly it indoors first. wind will pick it up and take it and you'll be lookin

-elect trump coming in there, i have about 39, 40% of my "mad money" in stocks in niengy. i nike. i wonder if i should buy more, selling? what's your predicament? >> that's a hefty position. i like nike longer term. i think they will get it together. i have been recommending a aggressively for months foot locker. why? because when you see this explode you've got nike going agains against under armour going against adidas. who is the winner in foot locker, that's the one i like. aldo in pennsylvania. aldo? ? >> caller: yes, is it time to pull the trigger on this pull back? >> we own this at actioners plus.com. i've got tell you something, we felt that dip down to 75. and didn't last long enough. i see master card. i think vista is very undervalued. letter v. we own it big. wish we were bigger. much of the trump rallies rely on a robust growth and long-term interest rates and inexplanation seeing the signal things are ahead. i keep an eye on the indicators. much moreman "mad money" ahead including interview with pioneer natural resources, we want v a president that wants to get oil ou

from start to finish. love your laxative. miralax. it's time to get moving with 25% off nike apparel shoes and accessories for the family. at kohl's, you'll save a little more with an extra 25% off nike and earn a little more with yes2you rewards so you can give a little more this holiday. kohl's. >>> we're back with that dr. oz lawsuit. he is being sued over statements made on his show about the olive oil sold in supermarkets, and abc's mara schiavocampo is here with all of those details. good morning, mara. >> reporter: amy, good morning. olive oil is big business. americans today use three times the amount we used 20 years ago. that's a market worth an estimated $2 billion. but on his show, dr. oz questioned the quality of the vast majority of olive oil on store shelves, and now one group is fighting back. an olive oil trade association suing dr. oz over this comment. >> shocking 80%, 80% of the extra virgin olive oil that you buy every day in your supermarket isn't the real deal. >> reporter: telling his millions of viewers during an episode in may, their olive oil might be fake.

played a pro-v for years. he played a nike ball for the longest time. >> you're right. what am i -- i wonder if he really did. we saw it. when it fell in the hole. you're right. i forgot. >> i mean, it's pretty impressive. obviously a big deal because of it because it's the first major equipment deal that tiger has signed since nike exited the golf business. >> still nike clubs? >> he's still using nike irons. but at last week's hero world challenge, he was using tailor made woods. the next level of the story is what he does in terms of golf clubs. >> i got wind of that tailor made switch before. i think it was official but then i forgot. and thank you for saying remember like i knew, dom. like i was just briefly forgetting. >> i know that you briefly forgot because i know you know all the equipment he plays. that's the reason why i said that. >> okay. thanks, dom, we got to go. >> yes. but by the way, joe, if you want to know more about that story we just wrote it up. there's a whole kind of -- a whole detail of what's going to happen with bridgestone and what to expect for sale

will continue to come at the expense of nike and under armour, both down double digits this year? >> yeah, we're market perform on both under armour and nike, we wouldn't own either stock. they are both losing shares to adidas. adidas has changed the's th aesc of what's working in the sector. >> a lot of the retail names have ended up in the losing pile of the s&p 500, l brands is down there. are there any underperformers this year that you like for next year that have good turnarounds in place? >> most of the names that we like going into next year aren't really turnaround stories. you look at burlington stores or dick's sporting goods both benefitting from some of the strength in their respective categories. dick's in particular benefitting from the bankruptcy of sports authority. certainly benefitting in strength in off price retail. but we don't have a lot of turnaround ideas right now in retail, to be honest. the sector's been a big laggard the last -- pretty much since the election. i think the russell 2000 is up 11%, the s&p's up 6, retail sector down 2. the fear over i th

nike, you look and say, well, navarro's not really the guy we want in there. we're free traders. i'm saying we should be a little more -- we're not seeing any of the downside yet. wow, navarro, that could be bad for business with china, but that's what it is. >> what about apple? >> apple makes a lot of products in china. >> they do? >> some people feel that makes them more immune. >> less susceptible to the chinese trying to exact some sort of retribution if we -- >> right. i keep hearing that to be the deciding point. how many people have you hired in china can immunize. they don't want you flooding the zone with your goods unless they're made there. >> speaking of china, we're going to talk about alibaba by the way when we come back. defending itself after the u.s. put one of the company's units on its blacklist for counterfeiting. another look at futures here. of course we're looking for that dow 20,000. and, well, we may get it. we're also keeping a close eye on europe. more "squawk on the street" live from post nine at the nyse. >>> the u.s. has put a unit of china's online mar

it might be a touch farther from the open. we have nike and fed ex earn, some slight losses in europe and oil inventories in about 90 minutes. road map begins with dow 20k, can we finally crack that elusive milestone? nike giving a boost to the dow after good rut results in europe and clie na. some higher spending cutting into the bottom line for fed ex. all right, jim, you and i were here yesterday when we got within 13 points. >> yes. >> any reason today could be different? >> i don't think so. i've been watching nike. i did a lot of work on nike last night and this morning, and there was a time -- obviously it's a, you know, the way the dow is weighted nike needed to have a big move up, 7% in order to be able to get it so everything else stays flat we can break out. and it wasn't a great quarter. and it was an actual confusing quarter. i felt for these guys almost existential crisis refusing to admit -- some saying basketball is back, some felt basketball didn't go anywhere, just did for them because of under armour, then athleisure. we were asked to look for a lot and i was

moving with 25% off nike apparel shoes and accessories for the family. at kohl's, you'll save a little more with an extra 25% off nike and earn a little more with yes2you rewards so you can give a little more this holiday. kohl's. ...another anti-wrinkle cream in no hurry to make anything happen. neutrogena® rapid wrinkle repair works... ...in one week. with the... fastest retinol formula. ...to visibly reduce wrinkles. neutrogena®. sure, you could sit around all night waiting for a pizza to be delivered. but wouldn't making it yourself be a lot more fun? it's baking season. warm up with pillsbury. blue diamond almond. a good that comes in 20 flavors from whole natural to wasabi and soy sauce. and once good gets going, there's no stopping it. get your good going. blue diamond almonds. cottonelle asked real people their bums.ing... what? (laughs) (laughs) what does cleanripple texture do? catches all the stuff that you want to get out. this is really nice. this one is, like, it goes the extra step. it gets it all clean. how does being clean feel? kind of sassy. uh, breezy. hands up. w

. only at applebee's. it's time to get moving with 25% off nike apparel shoes and accessories for the family. at kohl's, you'll save a little more with an extra 25% off nike and earn a little more with yes2you rewards so you can give a little more this holiday. kohl's. this year at t-mobile, the holidays are on us! switch your family of four to t-mobile, get unlimited everything, and we'll give you $800. that's right! $800 to spend anywhere you want. plus, all season long, get awesome deals on smartphones, tablets, and accessories. hurry in to t-mobile and get your holidays on us. of reach for far too long:s have health insurance.that's been out how? they enrolled through covered california. it's the health insurance marketplace where you'll find a range of plans from leading health insurance companies that offer you the best combination of quality, rates, and benefits. and, through covered california, you may get financial help to pay for coverage. to have health insurance starting january 1st, you need to enroll by december 15th. visit covereca.com today. ( applause ). >> stephen: h

they were the big winners in last year's holiday season. but evan, you cover nike as do i, that's not a winner this year. it's at the bottom of the dow. under armour's down i think almost 30% so far this year. so why the divergence? and what's going on with the athleisure trend? >> well, i think there is -- trends come and go. athleisure were certainly at a high, i think we're seeing things swing more back to denim, even despite the recent performance, i think the active wear guys are the sector that have a lot of heat. we talked about experience, retailers are trying to figure out how to provide that experience in the store on fifth avenue here, there's a new adidas store that's got, you know, it looks like a stadium. there's places to sit and watch the game and kind of very experien experience, retailers are trying to figure that out. the nike's, the under armours, those are the ones doubling down in that area and i think they'll be among the first to figure it out. >> i think they should go to japan because that department store experience is unlike anything else. >> yes, the japan

be? >> apparel companies. >> nike for instance? >> nike, all my apparel retailers. look at the manufacturers who bring goods in. that's what they're all planning for. these stocks, stock market down 15%, 17% in a month. >> layer on top, we had an mpd record yesterday that sales were down 4% versus last year. so there are a number of things stacked up against the retail sector. do you see it that way or are people overreacting? >> on the holiday season so far, holiday season starts with the letter "h," around halloween. we had fewer stores open on thanksgiving day. black friday was better. we went into a lull period, now is when the bread is buttered, december 15 th to the 25th is when it all happens. have promotions ramped up? yes. >> any stocks where you're saying the selloff is way overdone? >> when you look at some of these names, who could be less impacted? supermarkets will be less impacted. some cosmetics companies. what you have from ulta, sephora, winners for the holiday season and winners for cosmetics growing. that's in there. when you think of elle brands growing, th

digits by far. if you haven't guessed already, just do it. the stock, of course, is nike. dropping 20% in 2016. will the stock make a comeback next year? our next guest thinks so. simeon siegel, thank you for joining us. before we get to your prediction for next year or outlook for the stock, not really prediction, what the heck happened this year? >> i think if you look, this is the forest and trees type of thing. >> both cut down. >> there you go. so paper aside, when you think about what has been happening with nike, you have a lot of large competitors taking more share and coming back. and between adidas, under armour, puma, hearing more and more there are other players involved. when you think about the long-term and the tenure this company has had, there have been ups and downs. >> thank you for saying adidas and not adidas, the european pronunciation. it is like nokia, nokia. that said, you made a bear case for the stock, but yet you have a buy rating and $60 target on it. so bring the two together. >> i don't know if that's the trees or the forest. in the short-term it fair

, cisco systems, apple and merck. nike bringing up the rear. down half a percent. tyler, i can see you perfectly, baby. >> that sounds good. welcome, everybody. i'm tyler mathisen. welcome back interest a long weekend. here's what else is happening this hour on a busy tuesday. u.s. safety regulators investigating ford fusion and mercury milan sedans from the 2009 to 2011 model years. issue, possible brake problems. home prices jumping sharply in october with the case-shiller home price index up a big 5.6%. and the conference board says consumer confidence is at its highest level in 15 years. >> two big hours ahead, let's talk the march to dow 20,000 and bring in mark muscini and larry mcdonald. larry, listen, dow 20,000, we'll hit it, maybe today, maybe tomorrow, maybe next year, maybe in 2020, who knows. but we're going to hit it at some point. let's move past that. optimism among investors is at a nine-year high. that sounds really good until you get into the complacency argument. what is your thoughts on the markets and the overwhelming sense of bullishness now? >> well, it is m

of boxes will be searched. often what is inside is not what it seems. these are not quite nike air jordans. the shoes come separate from the iconic jumping man logo, which is to be added in the u.s. upon arrival. similar tactic here, a bag of michael koors bags to be added to purses. we saw fake north face, sports jerseys, a favorite of counterfeiters, louis vuitton bags. >> what do you tell consumers, people out there shopping hour, to avoid this? >> you have to be cautious, who are you buying it from. if a price seems too good to be true, probably is. >> reporter: officers say there is so much money in counterfeit good they compare it to drug trafficking. the street value of that seized cargo container of fake uggs, likely in the millions. >> the money from counterfeiting goes where? >> goes to criminal organizations. and some of the proceed have been linked back to funding of terrorist organizations. >> reporter: funding terrorism? >> correct. >> reporter: over the past decade. interpoll traced the profits from fake merchandise back to several terror groups including al qaeda. t

19 days to go. reretailers getting a boost. plus, a big upgrade for nike, the same day, under armour lands a major deal. lace up your sneakers. "power lunch" is back in two minutes. matters. both on the track and thousands of miles away. with the help of at&t, red bull racing can share critical information about every inch of the car from virtually anywhere. brakes are getting warm. confirmed, daniel you need to cool your brakes. understood, brake bias back 2 clicks. giving them the agility to have speed & precision. because no one knows & like at&t. we're drowning in information. where, in all of this, is the stuff that matters? the stakes are so high, your finances, your future. how do you solve this? you don't. you partner with a firm that advises governments and the fortune 500, and, can deliver insight person to person, on what matters to you. morgan stanley. >>> kevin johnson is going to be comprehensively all-in the chief executive officer of starbucks coffee company. >> i have to be authentic and lead in my way. i can't try to be howard. i'm not howard. >> we're under constru

. it's time to get moving with 25% off nike apparel shoes and accessories for the family. at kohl's, you'll save a little more with an extra 25% off nike and earn a little more with yes2you rewards so you can give a little more this holiday. kohl's. this year at t-mobile, the holidays are on us! switch your family of four to t-mobile, get unlimited everything, and we'll give you $800. that's right! $800 to spend anywhere you want. plus, all season long, get awesome deals on smartphones, tablets, and accessories. hurry in to t-mobile and get your holidays on us. so i'm calling to see if you can help me save on my energy bill. we can do that. great. i live in a post-war, pre-war, mid-century home and the heating system is a turbine, hvac, reverse hydrogen, boiler pipe unit. well sir, i can see that you live in a twin and based on the size, your usage has been spiking. ♪ that's exactly what i thought. if you're not an expert, peco can help. we have lots of ways to help you save energy and money. peco. the future is on. ( applause ). >> stephen: hey, welcome back, everybody. my next g

nike shares. we'll explain. plus, there is something wrong with the chinese markets. >> the poison. >> it might just be the thing that takes out the rally. we'll tell you how to protect your portfolio. here's what shares of bank of america have done. if you are worried the run is done, we'll show you how to protect yourself. the action begins right now! [ music playing ] >> all right. welcome. we do have a sledgehammer of a show tonight. but let's get right to it t. china stockmarket is falk. the etf, falling to lowest levels since early august this as the bond market basically crumbled. no way to put it. is china the biggest threat? let's get in the money. >> if you look back to 2016, we saw a shanghai composite from one point up almost 200% and it crashed and the lows this year was down about 50%. when you think back to that period of time, the summer of 2015, there was major palpitations in our mark and then again early this year january and february, there was a lot of concerns about global growth, maybe that credit bubble over there coming undone. that's really been the source

weaker spots? i know you cover a lot of the athletic apparel makers, we talk constantly about nike and under armour which have both underperformed pretty sharply this year. >> yeah. sara, i mean, athletic apparel and footwear has definitely had a deceleration in their sales trend. the athleisure trend probably has peaked. we saw nike that reported last week their futures orders in north america have slowed again. >> yeah, but they told us don't pay attention to future rs orders anymore, we could see faster revenue growth without it. you don't buy that? >> it's true. sales will be better than futures, but i think the sales trend is still slowing as well. so, yeah, sales will be better than futures but the important thing is sales and they'll be slowing down that's the key factor. nike will get back on its game but right now they're in a bit of a soft patch that's why the stocks have not been good performer this year. >> you like adi tas and puma? >> adidas, even with the holiday momentum, shoes like the superstar, all the kanye west footwear have been strong sellers. that continues

and nike rising, an analyst's play after the break. governor has declared a winter weather emergency... announcer: soon, insurance companies won't pay for damages, that is, not if they can help prevent damages from happening in the first place. at cognizant, we're turning the industry known for processing claims, into one focused on prevention with predictive analytics... helping them proactively protect the things that matter most. get ready. because we're helping leading companies lead with digital. generosity is its oyou can handle being a mom for half an hour. i'm in all the way. is that understood? i don't know what she's up to, but it's not good. can't the world be my noodles and butter? get your mind out of the gutter. mornings are for coffee and contemplation. that was a really profound observation. you got a mean case of the detox blues. don't start a war you know you're going to lose. finally you can now find all of netflix in the same place as all your other entertainment. on xfinity x1. >>> welcome back. fedex reporting profit that missed expectations, while rev

so of 20k. unh has replaced cat as the dow stock of the year. nike tonight a laggard on the index. >> there are a lot of people that say nike has been downgraded so often, maybe there's something to be said about it. i look at it the other way. i want to be in unh. they are the winner. they successfully extricated themselves from the affordable care act. maybe they're the most ready to be in the new regime, whatever the redo is of that. it is an inexpensive stock because it keeps beating the numbers. i know it looks expensive on current numbers but i think there's more ahead. caterpillar is more problematic because we know it needs oil. we have to get china back on the good list and that's going to be hard. >> shanghai, a two-month low today. >> they have some inflation running rampant, they have problems with how much money they really have in terms of their repatriation of u.s. dollars. their banking system looks bad. they're trying to slow some development because of the fact the air is so weak. caterpillar needs coal to do well. that's even universal -- coal just doesn't have

lower. >> also lastly carter said to just sell nike into earnings. >> the recent underperformance. this suggests much more to go. >> turning 47.5, i don't know how that worked for you. down about 7% or so from where it was when i was looking at this earlier. >> well, the stock is flat since then. so carter, what do you see in the charts? >> meaning what's interesting is so -- as the stock is flat -- underperformer. new two-year relative performance low. nike looks heavy, news couldn't help it. want to stay short. >> so mike, you stick with that? >> yeah, i would. and i think the way to do that, because you -- the put spread is look to sell call spreads. not report their next earnings until after march expiration. probably look to february. sell call spreads to help offset the decay and keep the put spread on. >> dan? >> the stock trading close to $55 in the after market. down less than 52s right now. i think carter is spot on. i would like to be constructive about the stock. >>> next, your tweets and the final call from the options pits. hey gary, what are you doing? oh hey john,

fall, we have three notes today in the lower -- excuse me, in the last 24 hours predicting that nike will probably have a shortfall when it reports tuesday after the close. nike, the shoe company, a power company. this will be an interesting test. why? because sometimes when so many are looking for a shortfall, you can get a boomerang like we did with cramer fade lemon. however, i suggest you wait until nike reports and if it is weak here is the way you do it. foot locker probably will go down, and i buy the stock of that foot locker. pull that trigger. why? because if nike misses it could be good for foot locker as long as the shortfall is caused by price competition. that would mean more shoes gets sold which is fantastic for the shock of foot locker. want big? how about when fedex reports. i think we'll learn a ton about how consumers behaving this holiday season and worldwide commerce. ceo economist by background, news say the ripple is here, what we would call the pin action. both ups and amazon. there was a note out from the boss talking about how weak the coming nordstrom quar

into the water. >>> and if you're interested in buying nike's self-tying sneakers, you have to go to their app. a pair of the hyperadapt sneakers will set you back about $720. the marketing move is nike's effort to move away from retailers and nike wants to double its direct sales to consumers to 16 billion by 2020. the sneakers are available at nike's store in new york city. >> what i'm going to say for $720 it better tie itself up and run around the block a few times. >> you could get a delorean for that. >> it's a possibly but i don't think they make them any more. >> i've seen some on the road but they are old. >> jill wagner at the new york stock exchange, thanks a lot, jill. >>> still ahead. illuminating a landmark. a light for niagara falls. niagara falls in the night. mastering irresistibly smooth. the lindor truffle ... from the lindt master chocolatiers. hard outer shell... smooth, luscious center. unwrap. unwind. with the lindor truffle. from the lindt master chocolatiers. ...another anti-wrinkle cream in no hurry to make anything happen. neutrogena® rapid wrinkle repair

it's time to get moving with o 25%ff nike apparel shoes and accessories for the family. k atohl's, you'll save a little more with an extra 25% off nike and earn a little more with yes2you rewards so you can give a little more this holiday. kohl's. this year at t-mobile, the holidays are on us! switch your family of four to t-mobile, get unlimited everything, and we'll give you $800. that's right! $800 to spend anywhere you want. tabl aets,nd accessories. ( applause ). >> stephen: hey, welcome back, everybody. the biggest shows on television, "the walking dead." please welcome lauren cohan! ( cheers and applause ) >> stephen: welcome! nice to see you. >> thank you. >> stephen: nice to see you. >> thank you, you, too. something shortly before the show that you and i kind of have in common. is it your uncle-- >> my uncle went to school with you. >> stephen: we went to college together at a small all-male college in virginia. hamp city college in hamp city, virginia. that's how small it is. does he have any stories about me? >> he said stephen will be exceedingly polite because we bot

shoes. nike, googen heim calls it a buy. thinks in 2017, nike's revenue will reaccelerate and gross margin expansion will continue. resume, i should say. also, the company he says that continues on pace to 50 billion in revenue by 2020, the price target remains at $70. nike added is a best idea for 2017. there you go. lace them up. >> let's get to zima. >> share of barclay's in focus, the u.s. is suing over residential mortgage-backed securities b and a a lawsuit filed in a federal court in new york. that according to a report from bloomberg. we are looking at shares down b about 1.5%. we'll keep you updated, but shares down 1.5%. >> thank you. if you have gift to buy, will you be able to order them online? get them in time for christmas? some sites promise you can, but do they really deliver put a cnbc test on it and if you haven't bought an amazon echo, you're out of luck, it's sold out. but if you've got one, can you trust it? we'll be right back. jooix . >>> the dow hitting a roadblock on the way to 20,000. markets lower across the board right now. oil market meantime, closed fo

, it has. >> caterpillar. >> yes. >> nike -- >> now, nike reports this weekend. we're not getting any good feel whatsoever about that. caterpillar is very much regarded as a china play. the financials are so strong in the dow. i'd like to see some of the drug stocks do better. they've been -- there was a downgrade of merck today. i thought that the st. merck, i thought that was ha ras si. >> bristol got an upgrade. >> yeah, i thought it was not facetious but not so great. i'm getting some heat on twitter about the strength of europe. but let me give you a feel, there's a bank. mo monte depaschi. i'm not as concerned about europe and others because they're misdirected and haven't done their homework. this is the oldest bank in europe and everyone is just ignoring it. deutsche bank just went up four bucks, they could easily do a rights offering. this is a banking system. unicredit did a recap last week, if you can ignore the possible destruction of the oldest bank in europe, it's because you're continent is strong. they haven't done the state, country by country, homework, and they ough

shareholders because the dow is much higher. it has been an underperformer. it is ugly for nike. that stock down about 17% this year, making nike unfortunately the single worst dow performer by far of 2016. tyler, she dog a great book but not a great stock. >> coming back lately, i think, if i'm remembering correctly. look at disney. lining for the disney latest "star wars" film, rogue one premieres tonight. fans camping outside the fame ous tlc chinese theater in los angeles. they have been there since yesterday. same group that has lined up early for all of the past modern era "star wars" films starting with "the phantom menace" in 1999. already got tickets. a raffle whether they get to inside the theater. sit outside? >> i guess. >> must be an outside viewing. >> i guess that would be a hear 3 po because they wouldn't be seeing anything. that was cute. >> it was okay. >> raising funds for the star light children's foundation. >>> tech giants at trump tower, including apple, amazon, microsoft, oracle, meeting with president-elect trump in a few minutes. just over $3 trillion in mark

nike as well. why single out nike compared to other rivals? >> this investing thing, buy low, sell high. nike has had a tough run. it's been a poorer performing stock over the last year. customer satisfaction for the last two periods, nike not only increased satisfaction but moved above the industry peer group. customer satisfaction is typically something that's a leading indicator, something that tells of future buying behavior. we're starting to see that in the market. when we talk about online distribution, nike can their app and making certain products only available through their app, they are starting to drive some business towards the online part of their distribution effort. and that really speaks good things for their future selling. >> kevin, thank you very much for bringing us that perspective. kevin quigg from acsi funds. >>> as we just mentioned, italy's interior minister is due to deliver a press conference, this follows unconfirmed reports that the suspect behind the berlin market attack was killed in a shootout in milan. we are awaiting this press conference and any conf

theywit get off of their butts. here is nike costing us four or five points on the down side. what does it all mean? the big stock in the last month and the last since the election has been goldman sachs. huge moves, about 20% of the move. entirely due to goldman sachs. travelers, boeing and apple. >> thank you very much. we'll see you later. on we go. let's get to our "closing bell" exchange for this tuesday. david wadell is with us today. kenny p from o'neil securities at post nine and rick santelli checks in from the cme in chicago. welcome. kenny, what is it going to take? it's been the financials that have gotten us here. maybe it is the financials that need to move us over. >> if they blow on the financials a little bit i think we go right to dow 20,000 quickly. it feels like today like it has felt for the past week and a half. we get so close and then we fail. we were up at 19,980 earlier today and then it just fell there again. you can feel it is not just ready yet. i think it will happen this week. i think they have to give a little nudge and we would be at dow 20,000 in s

? >> that's a great question. could be tomorrow if we get good earnings from nike after the close in a few minutes. nike is the worst dow stock this year. they'll be reporting results. if they're good, maybe it finally pushes us above 20,000. we have had a ferocious rally because of bank stocks. health care stocks, energy stocks. a lot of it having to do with trump winning the election and excitement about the possibility of less regulation in all those industries. that's one thing that i think is driving the market higher. and it's the proverbial santa claus rally as well. we usually do see a nice move at the end of the year. but this is more than your typical holiday rally. >> proverbial santa claus rally! it's also not just here. you wrote a piece today for cnn money about russia. russia's stock exchange also seeing big jumps since, what, especially the win of donald trump. talk to me about that in 60 seconds. >> it's really stunning. russian stocks have surged. a lot of it is due to what people refer to as the bromance potentially between donald trump and vladimir putin. also oil.

happened to nike? nike had a series of what you would call disappointing guidance. rival adidas gained ground. nike ended the year down about 18%. there are two or three stocks overall. here is the important thing going into 2017 on this last trading day. the s&p is up 10% year to date. as for the disappointment about dow 20,000 we are less than one percent from historic highs. and the advance to climb line is still at a high. most stocks are continuing to advance as opposed to decline. that is what you want to watch most of all. happy new year. >> and you, too. we are going to see you shortly. let's get to susan lee at the nasdaq with the wrap up of the year's winners and losers. >> we are set for an eighth straight year of gains which is longest winning streak since before dot com bubble burst. it took 16 years but we got there. best performer this year still is nvidia. the graphics chip maker is still up 224%. that is the biggest points contributor in 2016 to nasdaq. in second is applied materials put in a respectable 72% in gains. and micron rounding out top three. on the flip side

looking bad for nike shares. we'll explain. >>> plus, there's something wrong with the chinese markets. >> the point is -- >> and it might just be the thing that takes out the rally. we'll tell you how to protect your portfolio. >>> here's what shares of bank of america have done. if you're worried that the run is done, we'll show you how to protect yourself. the action begins right now. >>> all right. and welcome. we do have a sledgehammer of a show tonight. let's get right to it. because china's stock market is falling. the china etf, the fxi, falling to its lowest level ins early august. this as the country's bond market basically crumbles. no other way to put it. is china the biggest threat to this epic rally we have been on? let's get in the money. dan. >> it could be. if you look back to 2015, we sue a huge ramp-up from the 2013 lows, up 2% and then crashed. the lows this year down about 50%. and when you think back to that period of time, the summer of 2015, major palpitations in our markets and then again early this year, january and february, there was a lot of concern

billion. nike, the world's leading sportswear manufacturer, has posted better—than—expected profits following a rebound in its basketball business. profits rose 7.3% to $842 million in the three months to november, while revenue jumped 6.4% to $8.18 billion. nike's basketball category and thejordan brand accounted for about 15% of nike's wholesale revenue in 2016. another executive has left twitter. adam messinger who is chief technology officer is leaving just weeks after its chief operating officer resigned. twitter‘s shares have lost 23% this year, leaving the company with a market value of $12.8 billion. a strike by airport baggage handlers and check—in staff in the uk planned for friday and christmas eve has been called off. more than 1,500 members of the unite union employed by swissport had been due to walk out for 48 hours in a row over pay and conditions. the strike was called off following talks at the conciliation service acas. swissport confirmed it had made a revised offer, which the union would recommend to its members. the chinese capital beijing has been blankete

gold nears a 10 month low. nike after-hours better-than-expected results, not losing ground to sporting rivals. fedex slumped after profits fell short of estimates due to increasing costs. elian's chief economic advisor says the trumpet rally is not just about his domestic policy. the u.s. has a better chance of injury if the president elect can coax nations to embrace reforms. he also cautioned against overlooking the threat to global markets. rishaad: we have priced in no policy mistakes. we have priced in no accidents. then we have ignored political issues. part of the reasons the markets are reacting so well is that we are getting a political disruption in the u.s. that seems to be positive. we are going to unleash congressional action on key issues. you're also getting political disruptions elsewhere that are not to positive. haidi: much of northeastern china is covered by thick smog, forcing authorities to cancel flights, force those off the roads and stay indoors. this is on the highest alert of the china allusion system. greenpeace says have a billion people are affected, 15 tim

seemingly every single day. if you're wondering, american express, home depot and nike are the key players. the report from rick santelli. >> thanks, sully. 24 hour chart of 10s, we lost about five basis points today. could be the lowest close tins a week ago tuesday. a little over a week. let's look at some basic year to date charts. and know that tomorrow is the ecb meeting. rates are down here. look what is going on the big picture. we're basically coming off rather extreme high yields since july of 15. bunds never made it as high, but right at the top of the range. let's look at what is going on between the italian and sovereign bund. you see it was close to 200 basis points and widened post referendum before the ecb, hard to tell why it is coming back in. finally, the currency, all about the currency. this is from march of 2015. virtually where the euro dollar is trading on the low side. it bounced lately. what is all this mean for tomorrow's meeting? nobody is quite sure. quantitative easing continues to march of next year. will mario draghi talk about it? these are all huge issues.

. go daddy up 4%. the company making its biggest acquisition ever buying host europe. nike is down almost 3% right here. the athletic giant getting a downgrade today. >> back to the stock of the day now, shares of boeing back to the almost unchanged point after taking a dip at the open this morning. that is because at just before 9:00 eastern time president-elect donald trump tweeted this. boeing is building a brand-new 747 air force one for future presidents. but costs are out of control. more than $4 billion. cancel order. boeing responding to that tweet. phil lebeau joins us with that. >> wasn't just the tweet. it was the fact that donald trump, we have seen him tweet over the last month or so, since he was elected. but we haven't heard him come out and publicly blast a company, well, that changed this morning after he sent out that tweet. he had this to say in the lobby of trump tower about boeing. >> the plane is totally out of control. it is going to be over $4 billion, it is for air force one program. and i think it is ridiculous. i think boeing is doing a little bit of a nu

have to talk about nike because deutsche bank, piper and canaccord all said this could be a weak quarter. and why that's significant is they're about to report. and so for all these guys to say it's a weak quarter, i have to believe when we report on the 20th we're going to be, you know, kind of let down. that's important. a lot of the apparel companies yesterday all down very badly. by the way, the rollover in tech today is incredible. i mean, the rotations are amazing. adobe up two, now down. i just warn people the rotations are so vicious, find a stock you like and use the rotation to buy it. don't like, oh, wow, it's my day and then buy it at the top and then sell it because it's been the exact opposite. so just be aware that things are really nuts out there in terms of the rotations. they're way too fast for me. >> yep. going to be a crazy couple of weeks. what's on mad tonight? >> i have my game plan. i think it's going to be important because i don't think people realize next week there's a slew of really important earnings. far more than i thought. when you look at it sho

taylor made woods, his old nike irons, even though nike is getting out of the golf equipment business. he's playing now a bridgestone ball. you can watch the action this weekend on nbc. there is a nike chart, still wearing nike shoes, and apparel. >>> shares of starbucks are lower today. earlier on "squawk box," andrew ross sorkin and i spoke with schultz and kevin johnson. >> we had a remarkable conversation this morning with howard schultz, the ceo of starbucks, handing over the reins and that title to kevin johnson, the present ceo and long time board member of starbucks. howard schultz going to stay at the company, executive chairman, will welcome on social impact issues and its premium brand of coffee, the reserve line. one thing fascinating was howard schultz said he thought that kevin johnson was, quote, better equipped to run the company and help scale the company than he was. one of the questions that always comes up in a transition like this is how much power is kevin johnson really going to have given that howard schultz is such an iconic leader of this company. >>

from nike although i still expect it to report a disappointing quarter tomorrow night. it would be pure gun jumping but i think nike could report a not so hot quarter and yet still get upgrades because the desperation of analysts to be part of the bull market. here's the bottom line. we're in the sweet spot when analysts upgrades can make any stock roar higher. now that you see how the game is applied, you need to say, i got to get some. i think there will be plenty more of these to come in the last two weeks of the year. in fact, i know it. how about jeff in florida, jeff. >> caller: booyah, jim. >> booyah, skee-daddy. >> i just finished get rich carefully as a birthday present to myself, and it is the gift that keeps on giving. >> man, you are terrific. what's up? >> caller: hey, recently you did an intriguing segment on the humanization of pets. >> yes. >> caller: i've been building a careful position in blue buffalo ever since. what do you foresee long term for this stock based on its potential for growth? >> well, first of all, for the record, bug and everest love, love, love

locker, for example, reselling nike, reselling under armour, the off pricers, tj max, reselling other people's brands, they would be your best position but they have to deal with the potential for rising prices. one thing we put out this morning is the potential for an exemption among grocery and food that not a lot of people are talking about, but i know some of the large value retailers are lobbying for this right now. that be with a game changer for the dollar stores, if that were to go into effect. >> something to watch for. thanks, matt. >> thanks for having me. >>> up next, we have shopping in china, a not so bold call on the hottest stock on the nasdaq 100 and a huge price target on sales force. n . >>> in honor of dow 20,000, time for street talk. michelle, kick it off, please. >> invidia is the first stock. goldman added invidia to the conviction buy list saying it has a 27% upside from here. 105 bubs. this is after insiddia -- invidia is up year to date. analyst is confident in the trajectory of the data. and the growth of the gaming population and product. it will drive rev

related. that's why i want to stay on reasonable doubt bo. >> all right. coming up next, nike and fedex to report earnings after the close. our positions on both next up on "the halftime report." i think that she's a very nice girl. you never got the brakes looked at? oh yeah...no. at cognizant, we're helping today's leading manufacturers make things that think and do, automatically. imagine that. a world of new digital products and services all working together for you. can i borrow the car when it's back? get ready. because we're helping leading companies lead with digital. >>> hi, everybody. welcome. i'm sue herera filling in for jackie deangelis. the gold market sliding today against the stronger u.s. dollar, breaking below the $1130 an ounce mark. scott, where do you see gold going from here? >> i think it is going to continue to go lower. might go side i was forways for. why has it gotten killed? you point it out. it is all about the dollar. dollar index making 14 year high in the futures. strong dollar is bad for gold. and also the fact that the dollar is strong because of

from 52% in 2001 and nike training three top runners to make history, money a marathon in two hours or less, that's a pace of 4.34 a mile. nobody has come close to that. the current world record is 2:02.57 and nike will help the three world class runners in their training. from the nasdaq imi'm jane king. >> if you're running a marathon you need better wings, no woman turned 114iers old yesterday. reports say dunlap did not appreciate all the fuss, and she told everybody she was only 105. let's get that straight, kids! her family says it's her habit to -- the abc 7 news hat 4:00 continues. up next, lots of graffiti and lots of tranchlt the effort to clean up the south bay and why officials say a look ahead for what's coming up at 5:00. >> chemical spill in the north bay. the everyday -- tech workers uneed and what they arener going to do and why the bank is facing for sanctions. that's when on the "abc 7 news at 5:00." afoot and light-hearted i take to the open road. healthy, free, the world before me, the long brown path before me leading wherever i choose. the east and the west ar

multimillion euro fine. more than0 has gained 10% and nike has gone the other direction following than 10% and nike has gone the other direction following 118%. a chart you cannot miss for after the bell today. abigail doolittle joins us now with a look at the markets. abigail. abigail: feeling a little giddy and excited today, really hanging onto the gains. all major moving averages higher. the s&p 500 similar to the down the nasdaq earlier put in a record high as well. of strength and yet we have not achieved down 20,000. perhaps that they will come. perhaps later this week. we are looking at carmack shares . absolutely searching. on pace for their best day since april 2015. at their highest level since july of 2015. the largest retail of used vehicles beat third-quarter estimates here they beat total used vehicle estimates. clearly like this with the stock up nearly 6%. a nearly 15% shortage on carmax. the nice move up could be a bit of a short squeeze. well, another stock doing we have big cruise line stocks trading higher after carnival did the second quarter earnings and sal