we will continue watching it as this market climbs higher. of 307 points. near highs of the session. liz claman taking it away. . liz: the dow up 312 points, the s&p up better than 33. both seeing best levels in two months. does it prove wall street needs less grilling on the secretary of state and more on the grilling of mcdonald's hamburgers? the fast food giant thrilling investors, and we can show you the stock. mcdonald's, ticker symbol mcd is jumping 7 nearly 8%, a major contributor to the major rally with the dow jones industrial

average after frying earnings expectations with superb sales. make no mistake, though, the benghazi hearing now in fifth hour was suddenly punctuated after 1:00 p.m. eastern by a screaming match that didn't even involve secretary clinton who said she was committed to answering each and every question from member of trey gowdy's secretary benghazi committee. gowdy and elijah cummings sweating it out in ear to ear argument about secret testimony involving a former clinton aide sidney blumenthal. traders turning their backs to benghazi. we've got to call it like we see it, a very busy day on wall street and the bulls are on the run. the volume of trade around 18% higher than normal. we're less than an hour to the closing bell so let's start the "countdown."

. liz: the breaking news is that what was supposed to be a skewering of hillary clinton over involvement in not sending enough security to the u.s. consulate in benghazi turned into a disjointed hearing that has gone off on tangents more than once. it is going on and on, and we're going to dip back in and out as we see it fit, but first to get you up to speed here are some of the most important moments so far -- >> there are people frankly in both parties who have suggested that this investigation is about you. this investigation is about four people who were killed representing our country on foreign soil. >> after your plan, things in libya today are a disaster. >> that's not a view they will abscribe to. >> americans can live with the fact that good people sometimes give their lives for this country, what they can't live with is when their government is not square with them. >> the republicans are squandering millions of

taxpayer dollars on this abusive effort to derail secretary clinton's presidential campaign. >> if those previous investigations were serious and thorough, how did they miss secretary clinton's e-mails? >> i thought more of what happened than all of you put together. lost more sleep than all of you put together. liz: is any of this getting the american people closer to the truth of the benghazi tragedy. have you john garamendi, democrat from california deputy secretary of the interior under president clinton, and congressman lee zeldin, republican of new york, a major in the u.s. army reserves, sits on the house foreign affairs committee. i apologize if we have to interrupt the conversation if something else is happening, but right off the bat, this is not a reality show who gets kicked off the island. this is supposedly about four deaths of americans that might

have been prevented, and do you feel, and i will start with you representative garamendi, you worked for hillary clinton's husband, do you feel she's standing up and answering the questions appropriately at this point? >> everything i've heard and seen, the answer is a categorical yes, this is not her first appearance before a congressional hearing, she did this almost three years ago and fully explained everything she knew about it. this really isn't going anywhere, as you already alluded to because there's nowhere for it to go. we've been over this seven times, various congressional hearings, house and senate, and here we are once again going back over the information. the rest of the story is, there was a significant upgrade obviously insufficient. but, nonetheless, a significant upgrade in the protection of the benghazi compound, not adequate given the attack that occurred. a great tragedy. the fellow lived in my district and was from my district in california. we felt this thing very, very personally.

liz: of course, of course. >> what are we getting out of this? well, it is actually theater. liz: well, you know, representative zeldin, you having been in the 82nd airborne, you are a military guy who knows the dangers of all of this, and it does appear that there were a lot of red flags about security and we need more, et cetera, but the dangers of libya are front and center in everybody's faces over the fast three decades, so i begin to ask the question, what is happening today? at one point trey gowdy, head of the select committee was speaking and questioning secretary clinton about something that looked to a lot of americans like a completely tangential issue, a former aide, sidney blumenthal. let's listen to a little bit of that and hillary clinton's response which may have hit at the gut of what a lot of people watching might have thought. listen first and then can you react. >> he had unfetterred access to

you, and he used that access, on one occasion to ask to you intervene on behalf of a business venture. do you recall that? >> you know, mr. chairman, if you don't have any friends who say unkind things privately, i congratulate you, but from my perspective -- >> i'd like to think i'm correct. >> i don't know what this line of questioning does to help us get to the bottom of the deaths of four americans. >> i'll be happy to tell. i'll be happy to help you understand that, madam secretary. liz: then the discussion about sidney blumenthal who most republicans don't know or care about, representative zeldin, if you were there, what would you be doing at this point? >> are you talking about at the hearing? . liz: correct, people are wondering why they're going off on tangents? >> part of chairman gowdy's point as he continued his questioning, which continued after a brief lunch break is that secretary clinton was talking about the processes

were in place where when there was an increase in our quest for security help, for whatever reason it wasn't getting into her inbox, it wasn't raised directly to the secretary. so the secretary was receiving a whole lot of other traffic on advice with regards to libya. the sidney blumenthal piece is critical to that because of the nature of the interaction with regards to mr. blumenthal and others regarding libya, but the security concerns weren't getting directly to the secretary. so as far as having the right process in place in the future to prevent this from happening again, it's important that we learn from lessons in the past, and obviously, there wasn't the right process because secretary clinton was not being notified at least that's her testimony of these important rising security concerns leading up to the attack. liz: testimony or excuse, congressman garamendi that bureaucracy got it all tangled up, but she was somehow getting this guy, this sidney

blumenthal, a former journalist and trying to feed her information about libya, she was getting his messages. that probably doesn't sit well with a lot of americans right now. >> well, i think you really are off on a tangent. i'm an elected official, i get e-mails and messages every day from people that are tangentially talking about any number of things that ought to be done in washington. let's get down to the heart of the issue here. there were numerous requests for increased security in not only benghazi but in libya. many of those things were actually put in place, including an additional -- not additional, but five-person security detail for the ambassador. that was put in place along with razor wire and other improvements to the benghazi compound before it was attacked. as i said earlier, it proved to be insufficient because of the size and the terror of the attack. now going forward, every one of the recommendations that were

made by the review committee that the secretary put in place, and these were people that have nothing to do with her, in fact, they came out of republican administrations as well as former democratic administrations to look at this, and those recommendations were put in place not just in benghazi -- well, benghazi was gone, not just in libya but around the world. this is our task to understand what happened -- liz: hold on. >> let me just finish this. our scientific to make sure that all of the resources available and any of the laws that would make the resources less pertinent and less useful that we straighten that out. unfortunately this hearing is not even getting close to that. liz: okay, let me interrupt. hillary is actually now talking about the attack, because it has come up. let's listen in. >> chris stevens nor sean smith died from injuries directly inflicted by the attackers. they both side of smoke

inhalation. and one of the recommendations in this arb report is that when we have safe havens, we need to have equipment that will enable people that are safe within them to withstand what happened in benghazi. the lead diplomatic security officer who was with both the ambassador and sean smith endeavored to lead them to safety through a wall of black smoke. he wanted to get them out of the compound interior up to the roof where they could be out of the fire and also out of the attackers' assault, he himself nearly died of smoke inhalation. when he looked around to make sure that both sean and chris were with him, he couldn't find

them. rather than proceeding and saving himself, which would be a natural human instinct, he turned back into that black diesel smoke, desperately trying to find chris and sean. he did find sean, and sean had succumbed to smoke inhalation, and the diplomatic security officer managed to take sean out of the building. he could not find chris stevens. one of the horrors of the hours after the attack was our failure to be able to find where the ambassador was. we hoped against hope that he had somehow gotten himself out of the compound and that he was alive somewhere maybe in the back.

and additional efforts by the diplomatic security officers and then eventually by the cia reinforcements that arrived to find his body or to find him hopefully were unsuccessful, and they had to withdraw because of the continuing attack back to the cia annex before we knew what had happened to the ambassador. we were desperate, and we were trying to call everyb knew in benghazi and libya, get additional help. what appears to have happened at some point later is that libyans found ambassador stevens, and they carried him to the hospital in benghazi, and libyan doctors labored nearly two hours to try to

resuscitate him. and i mention all of this because i want not just the committee members but any viewers in the public to understand that this was the fog of war that the diplomatic security officers, and then later the cia officers responded with heroism, professionalism as they had been trained to do. we thought things would be safe once they took refuge in the cia annex, and as we know, even though that was a highly fortified, much more secure facility than our diplomatic compound, and one that we had nothing to do with in the state department, it turned out also to be a target for the militants, which is where the two cia contractors, mr. woods

and mr. doherty died. in looking at all the information, the accountability review board, and particularly admiral mullin focused on what happened, what the security personnel did that night, came out agreeing that they were heroic and they did all they could do to try to save their colleagues' lives. >> thank you. the gentleman yields back, madam secretary, i appreciate you going through their heroism, i really do, it's moving to hear and infuriates me to hear folks to my left who don't raise a single whisper about spending $50 million to train five isis fighters, but god forbid we spend one-tenth of that to give some answers to the family members sitting on the first row. i appreciate you discussing their heroism while some of my colleagues discuss money. with that, mr. pompeo.

>> i want to add to that, i think mr. smith gave us soliloquy, it was elegant and representative of the behavior of the democrat on the panel. not one finger, not one question for the witness. the truth of the matter is they spent most of their time today, anybody can rewind the tape and find they attack members of the committee and the process. i regret, that it's a violation of the duty, the country and most importantly to the duty of the families. i want to go back to a couple things i talked to you about the day before, madam secretary. the ambassador didn't have the e-mail. >> i'm sorry, what did you ask me? >> ambassador stevens didn't have your personal e-mail address. >> yes, that's right. >> did he have your cell phone number? >> no, but the 24-hour number of the state operations of the state department that can reach

me 24-7. >> yes, ma'am. did he have the fax number? >> yes, of the state department. >> did he have your home address? >> no, i don't think any ambassador ever asked me for that. >> did he ever stop by your house? >> no, he did not, congressman. >> mr. blumenthal had each of those and did each of those things. this man upon whom provided you so of information on libya had access to you in ways that were different than a senior diplomat had to you and your person. i'd ask, i had a picture of a man named hammid, you didn't recognize who he was. were you briefed he was present at the compound the night ambassador stevens was killed? >> we were trying to track down the information, we have no yes or no at this time. i don't have information i can

provide to you yes or no. >> did he ask the question were you briefed and the answer is? >> we don't know anything about it, how can i be briefed about something we don't know anything about. >> right, thank you. are all arb's created equal? >> well, there have been 19 including the one that -- liz: nearly five hours into this testimony, finally a brief bit of discussion about the attack itself from september 11th, 2012 at the consulate in benghazi, libya, and i want to let representative lee zeldin respond. we heard hillary discussing what it was like when ambassador stevens and sean smith, the information manager suffering from smoke inhalation as this was being attacked, and, of course, it was a touching moment, trey gowdy says thank you for describing it, but boy, we spent 50 billion dollars on training the

anti-isis rebels to go into syria and couldn't spend enough to go and spend money on the security there. do you think that resonates with viewers and people who are really into this? >> well, you know, a little earlier we were talking about how do we improve the process and learn lessons from the past? i think that secretary clinton's testimony was very important for those listening at home to be able to hear a very important story on the details of what happened for family and friends to be able to have closure. but there are millions of americans who are paying attention today to try to get these types of details. there are still other questions that have been asked. some answered today, others haven't. there is so much to what is going on today and what has happened over the course of specifically the last several months since so much more information has come out as to what happened three years ago. liz: well, representative garamendi, if i am ambassador stevens' relatives or sean

smith's widow or two children left behind, that is the first time i wanted to sit up and hear and listen. that doesn't mean all americans feel that way. if we can figure out, okay, when somebody asks for security money and more help, we should answer to that especially in a war zone, perhaps that is the one take way, what do you see? >> well, what i heard iwasn't able to see her testimony, but what i heard was a very poignant, heart felt description of a tragedy. she went through it in great detail, and i could see in my mind's eye this evolving situation of the chaos, the tragic, the smoke, the fire, and the apparent belief that the safe room was safe. it was not. it was not safe from the smoke that was in the area, and ambassador stevens died in that safe room.

now what subsequently happened, and this was the review committee. the review committee noted that issue along with many other shortcomings in the security at the benghazi facility, and that has been taken up by the secretary before she left the state department and began and, in fact, completed the installation of many of those upgrades of security, and fortunately the u.s. congress provided additional money to carry that out. now the reality is that our embassies are in very dangerous parts of the world. liz: always, yes. >> and we've seen these kinds of things occur, there are 13 incidences during the george w. bush administration. 60 employees and members of those embassies and consulates were killed during that period of time, and we continue to this day to have incidents all around the world. the united states is a target by terrorists. so we continue to upgrade.

new marine corps details dispatched to various embassies around the world and we continue to be beefed up. liz: thank you, both, i know you have to rush to votes that may be happening soon in the house. i want to thank representative zeldin and representative garamendi. as it continues, we will continue to monitor what is going on at the benghazi select committee hearings. the closing bell is about 40 minutes away. what a market we're seeing at the very moment. we have the markets ignoring what is on the other side of the screen there, with the dow up 302 points, you can point to a couple things, i mentioned mcdonald's but the european central bank in essence said we're in it to win it until september of 2016. that's right. all kinds of stimulus and quantitative easing in europe. that's what's charging our markets higher. and back to hillary clinton, is she holding her own, damaging her presidential hopes? is that what that day is for? well, the day is still young. this testimony could go to night fall and beyond, we're on

it. the latest from the hearings with a live report next on "countdown to the closing bell." we live in a world of mobile technology, but it is not the device that is mobile, it is you.

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. liz: as we monitor what's going on in d.c., we've got to monitor the major rally on wall street at this hour. take a look at markets. dow jones industrials up 306 points. look at percentage gain for the s&p up 1.5% or 32 points. and the stock that's giving investors one heck of a happy meal today is mcdonald's. we can flip it over to mcd, up nearly 8% right now. that is very much a part what's helping to boost the dow. the dow hitting, mcdonald's alongside here, hitting all-time high today after posting huge earnings before the bell. what are the good numbers in part to? first growth in same-store sales in two years. the bulls are coming out to play today. the new york stock exchange,

the composite volume is 17% above average. and looks, we've got starbucks, home depot, pepsi, kellogg, all working to levitate the markets overall, but lost may be buried in the cheerleading was a headline this morning and caught my eye. the u.s. treasury is postponing the october 27th auction of two-year notes. why? well, the treasury is worried about breaching the debt ceiling and is trying, according to our assessment, trying to preserve what cash is left in the government coffers to pay the bills. you should watch that or take the markets devil may care attitude? sarge anybody worried about hitting the debt ceiling in three days? >> that's not come up in the conversation. talking about hillary clinton and the new york mets. liz: they are paying attention to hillary clinton, tell me about that.

we have the mets and a huge rally up here? >> she doesn't have a lot of fans, didn't accomplish the mission, left the troops in the field. for those that take it seriously -- >> let's mention, you were in the military. >> yes, ma'am. liz: you have a personal attachment. chris robinson, it is hard to miss what is on every television right now, we're watching the markets as a business network with the dow up 326 points. am i wrong when i say the european central bank says we're going to fluff up the market as long as it needs it well into 2016, that will be helping it? >> it's everybody back in the pool. bonds are higher, dollar is higher, the stock market is higher. we've come back, taken everything back we lost prior to the chinese flash crash in august, back at the 17,4 level.

all that noise, we're 2,000 points off that low. now i think a lot of people are cut. everybody that got short or got out of the market wait and see, now back, in it's the last week of the month and you'll see guys trying to play catch-up here. liz: sarge, all the chicken littles said watch out china has a problem, remember china fell 3%, it was a couple weeks before it fell 3%, and derailed the market and it's a story and we are jumping higher snoid. >> seems like it doesn't matter as my colleague just said. there is a chase for performance and short squeeze, and they're timed together. liz: when you see mcdonald's, that is a pivotal moment because it's a dow component, a widely held stock, with the negative story for example like a valeant, down another 11% today. chris, tell me what people are buying, where are the flows going in chicago?

>> walmart is a surrogate for the whole economy. when they miss numbers people got worried. now you see a counterinfluence, if mcdonald's is another weather for the whole market. i think what you see happening is people stepped out in the bottom and got to get back in because we have two more months to go. we've got november and december, and i think that barring anything really radical happening, you're going to see more money coming back in because stocks are still the only place to be with 0% interest rates. liz: walmart up a quarter of a percent, less of a story today than existing home sales which jumped 4.7%, erased august decline. jobless claims at a 42-year low, stephen. for people who are freaked out about the headlines here and there, what would you say as a seasoned trader? >> you know, my gut tells me that we're going to have a violent move sometime soon and

i feel it's going to be to the upside. i would not be surprised to see 100 points tacked onto s&p by year's end. liz: we're 35 points there. it's up 35 point. great to see you. the dow is up 336 points. be sure to stay with us through the top of the hour. "after the bell," a huge earnings day, look on your screen. alphabet, previously known as google. amazon, at&t, microsoft, pandora and many more reports coming up. but those are huge names, a lot of you own it, we're on it and watching the hillary clinton benghazi hearing as well. peter barnes outside the hearing room with ear to the door, feet on the ground talking to a lot of politicians coursing through the halls. he's got a live report next on "countdown." the very latest of what's happened in the last 20 minutes. he's got it. stay tuned. the internet of things.

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. liz: we're 25 minutes before the closing bell rings, and at the moment, hillary clinton is responding to a question from illinois democrat tammy duffworth, an iraq war veteran who lost her legs in the iraq war, and clearly at this point of the game, and it's not a game, we must stress that we cannot assume that everybody watching knows what happened on benghazi. on september 11th, 2012, 130+ gunmen, terrorists, attacked the consulate in benghazi. remember, the actual embassy is in tripoli, libya. it was an outpost. they had rocket-propelled grenades. it happened after dark. the issue was there had been many requests for more security in the months leading up to it because there were all kinds of

signs and issues, including one on the day of the night that it happened from a guy named sean smith, i keep bringing him up because his story is poignant. information manager there, 34 years old, father of two, along with ambassador stevens of california, and both were very concerned about what they felt were increasing worries about terror attacks, and on the very day that the benghazi attack happened, mr. smith had put out an e-mail to a friend saying if we live through the rest of today, i should let you know that somebody was photographed and he was detained photographing our building, that worried him desperately. right now hillary clinton has a lot of answering to do when it comes to why more security wasn't sent in the months leading up to that in the requests. peter barnes is right outside the testimony room where the questioning is happening. what can you give us that happened in the last couple of minutes?

>> so far the most heated exchange of the day has been between republican congressman jim jordan of ohio and secretary clinton over her statements on what she said happened that day. she put out a statement that said, quote, some have sought to justify this vicious behavior as a response to inflammatory material posted on the internet, anti-muslim video. it turns out according to a private e-mail released by the committee from secretary to her daughter chelsea, later that night, at around 11:00 that night, she wrote two of our officers were killed in benghazi by an al qaeda-like group. well, congressman jordan says that secretary clinton was playing politics with the truth that day, ahead of the presidential election that year. here is part of their exchange. >> i'm reading what you said.

plain language. we know the attack in libya had nothing to do with the film. that's as plain as it can get. vastly different by vicious behavior justified by internet material. why didn't you just speak plain to the american people. >> distate clearly and i said it again in more detail the next morning as did the president. i'm sorry that it doesn't fit your narrative congressman. >> reporter: now she says she was carefully choosing her words in that statement that some have sought to justify the vicious behavior as a response to that internet video. in part to signal other governments in the region that the video might inspire attacks because according to her, it did inspire riots in cairo that same day, liz? liz: yeah, along the lines of the salman rushdie book and there was a fatwa against him,

the terrorists go nuts when you mention the koran, to use that, if that is the case, it is disturbing and understandably upsetting to people when that was not necessarily the truth behind the real story. peter, thank you. shortly after 1:00 p.m. eastern, two of the people involved here started screaming at each other and hillary was not one of them. elijah cummings, a congressman, along with trey gowdy running the select committee started yelling at each other. i'll let you listen. >> you need to make sure the entire record is correct. >> that's exactly what i want to do! >> go ahead! >> i'll move that we put into the record the entire transcript of sidney blumenthal. we're going to release the e-mails, let's do the transcript. that way the world can see it! >> we didn't. >> the motion is i second it. >> we're not going to take up that in a hearing. >> they have informed us that we have a right to record a

vote on that motion. you know, you want the truth, the whole truth and nothing but the truth, that's what we want to have. let the world see it? >> why do you want only mr. blumenthal's e-mail released. you want them all released? the only one you asked for is sidney blumenthal. that and ms. mills. >> that is not true. liz: and secretary clinton sat there, she did not have to say a word during all of that. there are some republicans upset about that, they feel that was a tangent, a sideshow when the issue should be the woman on the screen and her involvement when it came to what was going on with the security that did not hold up in benghazi on the night of september 11th of 2012. we're going to keep our eye on the hearing. closing bell is 19 minute away. heck of a rally. up 319 points on the dow jones

industrials on much heavier than expected volume. there is a lot of trading going on, if you are invested in the market, you're making money. speaking of money, time to pay up on the bets that vice president joe biden would run for president. on this show, days ago, those two guys on the screen made a bet as to whether biden would or wouldn't run. biden is out? we'll tell you who won the bet, goodstein and barnes up next as the winner is up next. ready, gentlemen? >> indeed. technology empowers us to achieve more.

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pledge their support to not bernie sanders but to the clinton campaign, not surprisingly. polls have shown hillary was the sole beneficiary of biden support in the event if he decided not to run and he did decide not to run. let's bring in the two guys who bet about this, richard goodstein, associate of good stein and associates along with fred barnes of the weekly standard, fred, the last time you were on the show together, you bet that -- wait a minute, richard goodstein said biden wouldn't run and you said he would and you're wrong, so richard, what do you want from fred? >> i'm not much of a tweeter, i said memo to cable news, all the paid pundits who insisted biden was going to run should have pay cut, never should be on the air, and all the money the cable networks would save, give that to the american cancer society, that is where

biden is encouraging investment, to cancer research. liz: i thought since you went to wesley an and you, fred, went to university of virginia, he would force to you wear the cardinal mascot outfit. isn't that what you do. >> thank you for knowing it's about the cardinals there, liz, i appreciate it, very nice. liz: what do you think, fred, you put on the cardinals outfit? >> i've worn ties of colleges that beat uva in football or basketball. i don't know what you're talking about, that's going a little far. i don't think i want to do that. i do think biden was going to run, should have run, but clearly there's been a great game by hillary that he's not in the race, bernie sanders needed a three-way race if he were going to have a chance. this relieves hillary of questions being raised in the entire primary campaign next year about her e-mails, about her reputation for being

untrustworthy that all the polls show about the foundation and so on. she's going to be free and easy for the rest of this race. liz: and that from a republican pundit here, richard. so what do you think with all that's happening today on the d.c. stage, net net does it do anything and seem unseemly to bring up, that was the issue that got kevin mccarthy booted. we're going to hurt her campaign. i'm not exactly sure that was his intent, let's be fair on the issue. what happens today does what for hillary clinton tomorrow? >> i don't know that the stock market following hillary clinton's testimony. she looks presidential, and i guarantee you there are some people on the floor who are actually taking comfort from thinking that she and not ben carson and not even donald trump or carly fiorina might be the leader of the united states. so now let's put the stock market aside. this has been an eight hour commercial for hillary clinton.

liz: by the way, i want to let everybody know they're taking a recess at the moment. this could go on into the wee hours of the morning possibly, but go on. >> make this brief. there are two ways to look at a return of investment on this committee. one is getting information out to the public that we didn't have before. the other from the republican standpoint is tearing down hillary's image, in both regards it's a net negative in terms of investment. we're getting no investment other than she doesn't like kaf elt fish. liz: i missed that part. >> she was trying to arrange for it being brought into the united states. >> what do you think is the crucible what happened so far today and what it means to the upcoming election? >> well, she hadn't heard herself, i think the clinton calculation is this is something i have to get through

without blowing my stack, without being too obvious and being a victim of republicans and keep her cool. i think she's pretty much kept her cool, she looks peevish and bored a few times in a very unpresidential way. but that's okay. there is new information that is embarrassing, particularly the question of the anti-muslim video, and she said we now know that earlier she told people including her daughter chelsea that had nothing to do with the al qaeda attack in benghazi, when after that, of course, she didn't say anything when the white house and others in the administration were claiming it did. and even some of the parents of cia people who were killed in the benghazi attack alleged that she told them that it was the video. liz: and she has said that it was early information, and that's what she thought and, of course that e-mail does certainly -- >> one quick thing.

liz: quickly. >> one quick thing, the republican-led intelligence committee looked into the exact question and total ledebunked the notion that somehow there was a twisting of the facts. intelligence committee on the ground in benghazi for days insisted it was a result of the video, and then they switched their tune had. susan rice or anybody deviated from, that you would have strung them out. >> we know from the information released from the committee that was wrong, she did know better. >> no, she said she didn't know anything. liz: gentlemen, we have to run, we're coming up against the closing bell. this is going on throughout the evening. fox business is on the story, we are following it and want to thank both of you, see how it plays out. richard goodstein, and fred barnes, great to have you both. 8 minutes before the bell closes out on quite a day, where stocks are soaring, but the darlings of the tech world

are about to release the truth how they did over the quarter. could it change everything? we have microsoft, amazon, the alphabet flash google, the heavy hitters and who you might want to buy before the bell rings? you have eight minutes, don't go away. . .

♪ >> liz: after the bell will be as exciting as "countdown to the closing bell" with huge names. it always is. but huge tech names you may own on your screen expected to report earnings. microsoft, amazon, google, all moving higher right now. should you be buying them with just few minutes you have left? let's bring in stansbury research chief strategist going for super safe profitable investment ideas. what is your best idea in tech right now? >> my best idea in tech is buy entire list. take a dart, throw it at list of names and buy it. i'm extremely bullish right now.

i would recommend leveraged long etf, rom as my favorite ideas. pro-shares ultratechnology etf you own all the names we're talking about with leverage. i think fantastic, no-brainer idea. liz: it is up 4% right now. you get a sense has all these names and more piled into it, steve? >> that's right. leading names in the tech are leading names in the fund. it is not just a trend for today, actually a much bigger idea, the reason we're so extremely bullish. we had this basic meltdown in august, stocks fell by about 12%, stocks in general. but what happened was, investor sentiment got very negative. i think the ideal example what we're looking for going forward right now is period from 1998 to 2000. we had asian crisis in 1998. and, people got scared. then nasdaq soared about 200%. liz: we had worries about china over the summer.

the debt ceiling bearing down on us november think. look at this market. dow up very close to session highs. gold down a dollar. safe havens are not the play right now, steve. >> that's right. it's a risk-on moment. like i said it doesn't just have to be tech stocks either. i think you can throw a dart at the list of asset classes and most likely succeed. i think this is long-term trend. we're coming out of a risk-off period and into risk on period. there is money that needs to get back in. we host ad conference last week with ron paul and a bunch of hedge fund managers. it was almost unanimously bearish crowd. this is example coming out of august low, we don't have enough money flowing into stocks. liz: you're saying that bearish crowd lost money by being bearish? >> absolutely. absolutely, yes. i think that august low we saw is going to hold.

and we're going to slowly bring some of those bears back to the bullish side right now. i think we could see quite an extraordinary move, like in 1998 to 2000 type of blow off type move in u.s. stocks. tech names are where you want to be. liz: steve is the man spreading sugar all over digital darlings saying buy, buy. that will do it for "countdown to the closing bell." megarally a lot of names to report. great day. david: thanks very much, liz. meanwhile hillary clinton being asked to account for what happened in libya over her watch. there have already been fireworks over emails. a lot more to come. we're watching it. melissa: big rally on wall street, five big-name tech companies, google amazon, microsoft. quarterly earnings will come out any minute. we're all over that. david: we have got them right when they happen. not so fast, paul ryan, congressman walking into the

speakership of list of his own conditions. maybe it shouldn't be that easy. we'll speak with one republican who will not vote for him. [closing bell ring] melissa: the dow up 300 points. closing bell sounding on wall street, in hopes that european central bank will act to combat sluggish growth. that is fueling the rally. we're ending the day 321 points on the dow. s&p up 33 points. that is 1.7%. the nasdaq about 80 points. crude oil trading higher. only gold moving lower on the day. david. david: we'll get right back to markets and a slew of tech earnings that come out. meantime we're in hour seven of the heated benghazi hearing on capitol hill. hillary clinton's emails providing a lot of fodder for questioning of hillary clinton for her role in that disasterous result of the attack in libya that left four americans dead. here is sample what is happening.