Quickly. Now we have to take a different path is a change coming . What will the impact be . It all starts right now. Heres scott wapner. Welcome. Good to have you with us on this monday our Investment Committee at the desk today jim cramer is the host of mad money. We begin with the countdown to the fed beginning its twoday meeting tomorrow amid Great Expectations that it will lay the ground work for an Interest Rate cut in july stocks rising over the past two weeks on those very hopes. Jim cramer, ive made you the chairman of the Investment Committee today. Thank you so much ive given you that title is it all about that its all about the fed i want to see monitoring, vigilance, cognizant concern i get any of those words in the statement, bingo you dont want to see patience thats the word they say will come out that could be wait until september. Did you say monitoring also i love monitoring they may be where you get to. We got those words then were fine s you get the new York Manufacturing read today it posted the largest monthly decline on record. I wonder if that seals the deal. I think it does matter. I think the rails, i have Union Pacific tomorrow i thought it was electric. Against that we have a couple of kpaeps that are having good numbers like rh, not good enough manufacturing has been horrible all yearlong. You had mexico and the issues of mexico industrial part of the economy, not good new recorders, not good. On the flip side, consumer, good Consumer Retail sales. What do you do with that . This is flilike from a business standpoint this is like going cliff diving and hitting the rock you dont get in the water this is ugly manufacturing is 12 of consumer gdp you want consumer to do fine youre running after that retail sales number youre running out of 2 gdp monitoring. Its good. Does you need to cut or not in. I think you need language to show they are considering it i just totally agree with it. Im all right with patient. I would like your words better my words are really good. The fact they are willing to say theyre willing to consider, its a really big amount of progress that theyve made i think thats a really big deal were not out of the woods because got to get through trade. The very least, thats what the fed needs to say this week yeah, absolutely. Thats what everybody is waiting for. Thats what they are primed for right now. Great expectations they will do it. When you consider everything thats been going on around and you start looking at the rallies that we get off the lows and the rest of that, i think a lot of that is triggered by the fed is still there. Fed is there for us. Theyre looking for a cut and its about the words what are the words going to be how aggressive will they be . Are they going to talk about patience either way it explains to us what their really looking at they better not use the word patience or the market is going to not like that dont you think . Patience means, well, well see. The market has gone way up we dont want a cut and we dont want patience. We pawant monitor we want concern. We dont want anything thats hawkish. You have the boj you have the bank of england the concern is what is the rest of the world is doing. The Federal Reserve should do nothing. Okay they make the argument the argument synchronize Global Growth its impacting whats going on with our currency here thats where you have to have some concern the big thought is that if they do sort of set the table for a move in july, it changes basically the way we need to think about the fed. It becomes a preemptive organization rather than a more reactive to what Current Conditions are Current Conditions, as steph said and jim said, dont call for a cut right now like the urgency that some people are feeling. Its interesting to hear jims take theres still a bit of wiggle room if they go monitor. There are a couple of things that happen between the june meeting and the july meeting theres a g20 meeting. Theres a july employment report theres a whole other months wort of data giving us the last month of the quarter i think if those things begin to show the weakness thats when i think they go. Im entertaining a new idea here which is the go big or go home cut. Go big or go home youre looking for 50 this is a report from bill nelson 50 in july . 50 in july. Somethings really wrong there. I dont know this is really interesting. I bring this up because i want your opinion on this the idea is the fed does not want to create concern by cutting. So, the idea bill nelson here is cut 50 and tell them we are on a pause. That its not the beginning of a rate cut cycle its an adjustment to ward off or respond to the weakness and then they say, you know what, were on hold for a while here until we see how this works. From investor standpoint, paul jones says if youre on the cusp of a rate cut cycle you buy stocks you do. You do this is not the cusp this is the meat ax. Its going to be a 50 basis point and then done. Is that good enough to buy stocks in . Youre in the back of the car. Youre basically saying this fed has that i appointed, in idiot is really hurting us heads the market wins the ta tails the market wins. He spits out what hopefully nothing at me. What do you make of it what do you want to do the president gave an interview that came out over the weekend and you want to hear the bite lets watch it i cant do it justice play it. Here is the president frankly, we had a different person in the Federal Reserve that wouldnt have raised Interest Rates so much, we swroulwoul have been a point and a half lighter. Hes your pick. Hes my pick. I agree. We also have people in there that werent my pick hes my pick and i disagree with him entirely as you know its independent what do you say its inappropriate for you to be talking about . Im allowed to. In the old days they used to speak to the head of the Federal Reserve. It was part of the administration is that talk and settle you have no idea how important it is. Im not happy with what hes done im not happy with the fact they have done quantitative tightening he doesnt make that decision himself but i would think the head of the Federal Reserve has quite a bit of power he could have been a contender. He appointed powell he did appoint three of the four fed governors. Four of the five. Sdp if he wanted the easy fed then he should have stuck with yellen but shes not sright out of central casting. She doesnt look the part. He wanted a tall white guy he got it. Hes not a dovish fed chair. This is not me saying ha ining should do, what she shouldnt d. He asked are you putting the guy in box by continuing to pressure him on the internet about what his next move will be . He said i am i dont care im going to keep doing it because ive waited long enough. Hast t thats the president s actual quote. If he doesnt give us a rate cut, the president may tweet out Jerome Powells home number. Youre laughing. Anything is possible. You have nemployment under 4 you have a stock market all time high were screaming for rate cuts because theres an election coming now you have this drop in confidence in the Business Community that we saw in the numbers this morning its an epic drop, theres no doubt. Were now back below where we were in october of 2016. The lowest level in the new york fed index, fed Manufacturing Index since october 2016 that was when corporations were gripped by a whole different type of uncertainty. Tariffs were on the hoe rrizon. They were a twinkle in someones eye. We were worried about the election and the outcome the result is the same its very likely that corporate capex peaked in the Third Quarter of 2018. Nothing has come out to refute that i dont think the president helped the cause by putting the guy in that position what do you do i was discussing with stephanie earlier, i think you have to trim the industrials because they will mix the numbers. Everything else is okay. This is a walmart market its a pepsico market. Cocacol cocacola. What do you make of the xhp i had quicken last week those two things happening at once manufacturing plunging and housing making highs quicken number one. They had the best couple of weeks ever ever its going to atraktract fir. Interest levels. I feel like if you have something thats of value, the consumer will buy it how about if it has tariff on it most of the stuff we do not need i think the stuff with the tariffs is the cheapest stuff out there. If you dont have the kpcape, you have the consumer spending, the tax cuts, additional federal spending and a strong growth along with no unemployment and better wages does that hold up if you get a weakening in the corporate confidence part and broadly in manufacturing. Theres no doubt. Confidence is a big part of it thats why the job numbers was so shocking in may we have to get to that number if july for the june number to see what will bounce back. He wants a call on that july number the consumer is 70 of the committ economy and manufacturing has shrunk the only issue is the consumer is a lagging i understa inging e most part. The consumer was emboldened. Housing by houses. Thats already going to be past the point when you needed some kind of policy change. On that note, Morgan Stanley mike wilson who is back with us at the table tomorrow so were looking forward to that. We now expect a fall of approximately 10 from the major indices with wide dispersion we think 2600 to 2650 is a good range to think about adding risk they disagree or they expect that easing policy can off seat weaker data. Im in the same camp. Its insane why is that what were rooting for . I dont understand if you can me does the market want 3 growth or three rate cuts, it will take 3 every time i thought you were going to say it would take the three rate cuts it wants the cut thats crazy thats an interesting point the numbers will matter here and matters significantly. If youre done but low two, thats one set of imperatives for the Federal Reserve. If youre at two and a half, ill tell you how the fed looks at two and a half. It still pencilled in 1. 8 for this committee that 0. 7 and you can round that 7 up to a 1. I think the fed will say, if im doing two and a half, im okay with that. You make it that 50 only because of trade and because of concerns about global weakening either you get nothing or youre going to get the 50 and pause. Thats from the evidence lab . In the past 20 years the so call fed put has failed to provide equities the fed put is dead. Not true. Wrong it was proven in december and january that the fed put is still there. Yeah and its meaningful nothing in the economy changed it was pure fed put. What is this guy talk about . Do you want to buy stocks like paul jones says im not buying. Its down 20 from its high. Im buying shopify. Fine. You can buy it 50 basis points coming in july you want to be buying stocks in the last couple of weeks of june and july because that means something really bad happened in osaka that will take the stock market lower thats where youre getting your 50 basis points. Youre not going to get enough economic information to dictate a 50 points cut. In this case, is he going to cut rates. Will the president be chasing from the possibility that the economy is going to be significantly weaker and back off the threat of future tariffs and or existing tariffs . That is critical in my opinion to the outcome remember who pays for the tariffs. The chinese. With quotes around it you said that. Second, the base loves tariffs. Third, xi is now looking and thinking i cannot with this guy because biden is in the lead he has to show leadership. Theres a lot of quotes in this. He cares about winning the election and the thihe thinks te loves tariffs. He has to beat biden he has to make it so something so that xi believes that biden is sleepy and no longer in the race i dont know about the base loves tariffs but they like this image of him sticking to his guns but the what the base really likes is xenophobia i do think theres a chance the right thing can happen for the economy, for the base and for trade. I just dont know that hes in as much of a rush. We print a 1 on a quarterly gdp and a sound round of jobs below 100k, i think the president might flinch what really matters is the president uses a series of older facts. All of us deal with facts so its very difficult for us in the end bank with the guy his facts are controlling our universe it is incredible to me that hes in control pete, what are you doing . I go back to the whole thing about whatever i see anything hitting. For instance, we all know where john and i always start with we look at the unusual activity but on top of that what im looking at stocks to buy, tauits always about quality im still loving target. I love it at 60. It was no big deal at all. The weather is helping. No doubt. The part that people misout on, for instance at home depot, you go back to february and april, terrible weather. They dont have to tush push ito the weather. Their numbers are still solid. I was excited about that i think the ceo did the right thing. I heard you earlier. I had to do something they did they have to expand the whole cancer side of it. Even before this, they got that 155 going they got it in the pipeline ready to go. They just made this ayuisicquisn on top of that i own bristol wow he brings up a great point in terms of equity strategy pete talks about quality im at quality right now everybody is throwing out that word now. Every one is in quality every is kind of defensively positioned you can look at that two ways. If youre going to see a sell off in the market, every one is selling the same thing or the other way to look at it is a day like today i look at the construction of my portfolio, walmart down. American express down. Right, i love all those names too. Theyre down whats chasing higher today. You have the Communication Services and the netflix you have facebook. Places you said you wanted. Last week we had a conversation about facebook. My argument is i did not want to be there right now regulatory risk. Valuation risk i dont get that at all i see what their cast position is if i go through the fundamental side of this whole thing with facebook, i dont see it i dont see the risk there the risk is the federal government and what they might want to do other than that, theres no risk these guys have every vertical in the world to pull those levers to make money we didnt talk about crypto but we did talk about ecommerce they will get attacked for it probably heere it is he was on squawk this morning. I havent i im not sure i will ive talked to several other folks who, some who are at facebo facebook many of whom were at facebook with me during this period a lot of are saying thank you. Some say i think youre right. Some say i dont agree with everything in your piece but i think facebook has become too powerful that speaks to the regulatory side jim you say who cares. Two billion people are not banked theyre going to bank. Theyre going to give it away. Paypal is involved, mastercard, visa i have to tell you that this is going to be incredibly powerful. People will love it. Lap it up. Its crypto and not traditional lying facebook sdm y you had mastercard, visa, paypal that will be huge they got a guy from paypal running it josh, facebook. I have no position in facebook you still prefer google over facebook yeah, i do. Why they both sell at the sam valuation. I think facebook has more to lose in the upcoming political battles and even the conservatives arent happy facebook is now universally hated by both sides which is interesting. You almost never see that. The conservatives say they are been sensors and the democrats s say facebook through the election allowing all this propaganda to spread they all agree it should be broken up and should have a common owner now you will tempt fate by saying we have sddesigns by takn over the Global Business i think this will be the political football in a way that will leave google out of it. It will be so forcefully directed at facebook thats not a comment on what the companys earnings power is. Im talking about where i see the constraint on the multiple i dont see people paying up fo this stock unless theres a meaningful upswing in advertising and revenue. I think facebook does well but its going be hated name i think that actually this is game changer you have to read lisas stuff. Its really unbelievably good. This will be an initiative that will make it so they are saying, were doing this for free. We really want to help people all over the globe we are the world we are one its going to work because its not seriously affiliated with facebook which lisa said in her survey is known as being creepy. The company is able to tli deliver on earnings. I think thats very important. At the same time google is not able to mike numbers their numbers are decelerating in this environment. What is facebook two Different Reasons no. Nobody doubts that facebook will make its numbers. Really . I want crypto untrue. They are both under the scrutiny one can deliver on earnings. One cannot im going with the one that can deliver on earnings. Based on what they are growing at, theyre growing faster theyre growing revenues 25, 30 . The problem with google is their decelerated for the first time i think that over time people will come back to facebook versus google. I think google, the price of google is already reflecting exactly what you said. You think its not fully refl t reflected. I dont think its fully reflected. Something on youtube that we the demonstrate. Let me give you an example. I agree with everything that pete and jon said. These are solid companies but to mi th me they are isiah thomas they are the 92 dream team that didnt want him because they didnt want the disruption in chemistry. I could put 12 players on that 92 dream team they could disrupt the chemistry. Youre in a time capsule. Holy cow theres no hope for the rest of the team. They are dream team. Are these stocks still the place to be . Theyre fine. Look at netflix. You know how many are shorting netflix for no more reason they have to do something to bring out some value hes been there for a month thats just enough time to do a job. Cook, was it stanford is trying to elevate himself and his company. Didnt you love that speech . I did hes been successful in doing that he likes privacy people are interpreting as positive were in some market that was like slashing estimates. This is some weird market. Who thinks apple has more to fear from trump that china really. Seems as if tim cook has a working relationship with the president. So does xi. So does merkle i think apple has done more about privacy than facebook has. Facebooks instagram is literally driving Young Children insane and they want no limit on it with the ios operating system on every iphone, a parent can go in and limit usage and decide when the phone is shut off for the night. In facebooks world, the less time spent scrolling through stories is a negative, not a positive i think cook is above the fray but not blameless. You got the last word leave us with some big thought before i let you go. You were sitting here nice and patient. I have a thought on facebook. I think theres two kinds of risk someone break up risk. The other is a regulation risk i dont see how you logically break up facebook other than separating it with instagram i think facebook is regulated than broken up i agree one word. Thanks. Here is what else is coming up straight ahead, one analyst big call on an industrial stock is getting a lot of attention from the halftime i venvestment committee and beyond the call of the day is next. Pete will show us the options hes watching in unusual activity before the break, our data partners at kensho on what happens after apple gains 10 in two weeks. Its happened 15 times in five years. The stock is still trading positive 60 of the time amon mh later. For more go to cnbc. Com kensho the Halftime Report is back in two minutes. Driverless cars. All ground personnel. Or trips to mars. 4. 95. Delivery drones or the latest phones. 4. 95. No matter what you trade, at fidelity its just 4. 95 per online u. S. Equity trade. Xi will meet with north Korean Leader kim jongun on thursday and friday. Strong storms stranding hundreds of people at houstons bush intercontinental airport a late night ground stop caused 144 Flight Cancellations and nearly 600 from United Airlines 25 years ago the eyes of the nation were fixed on a white ford bronco. O. J. Simpson was a person of interest in the murder of nicole brown and her friend ron goldman. Simpson led police on a slow speed chase throughout los angeles. It was watched by some 94 Million People youre up to date. Thats the news update scott, back to you thank you very much. Upgrading deere to out perform after downgrading on may 14th. I cant imagine the i mean the logic behind the call makes since. Do you own it i dont ive been in and out of it only 80 of the corn that should have been planted has gone in the ground thats going to drive demand . Its going to drive farm incomes higher and tax liabilities. Farmers may more money what do they do to offset the Tax Liability . They buy more equipment. If you look at a chart, you can see deere started to break out in the middle of may it started trading on corn prices which are now going up. Thats the thesis here ive heard you say that you dont like deere in this environment with tariffs and china. I dont i totally think that addco is a better play. I dont have to worry about tariffs. This is a company that is protected and is much more international. I dont have to worry about deere executing poorly i think you can buy some of the Fertilizer Companies fmc or Cf Industries i think those names are ignored at this point. You could buy bedeere. I own cat. Cat is good here. Its building i thought we had to worry about Industrial Companies i think theyre executing perfectly. Theyre buying buy stock. They have this new cfo very conservative i got to goat a name. You sold cortiva its on the list here. Dow bad dupont auto you must like that in housing. I like dupont a lot your etf trade is up next. We gich yve you a sector check n the s p. Were back after this. Your brain is an amazing thing. But as you get older, it naturally begins to change, causing a lack of sharpness, or even trouble with recall. Thankfully, the breakthrough in prevagen helps your brain and actually improves memory. The secret is an ingredient originally discovered. In jellyfish. In clinical trials, prevagen has been shown to improve shortterm memory. Prevagen. Healthier brain. Better life. Theres one thing you can be sure of. Theyre changing by the nanosecond. Thats why cognizant created a unique engineering approach to design and build new digital products. Learn how cognizant softvision designs experiences and engineers outcomes. Cool. Cool. Feel that . Thats the beat of global markets, the rhythm of the world. But to us, its the pace of tomorrow. With ingenuity, technologies, and markets expertise we create the possible. And when you do that, you dont chase the pace of tomorrow. You set it. Nasdaq. Rewrite tomorrow. Welcome back its time for etf edge bio stocks breaking out. The ticker is xbi and the ibb nasdaq bio tech. Etf surging on the news as investors clamor for a piece of the action we have the ibb which is a market cap weighted index and the xbi which is equal weighted. Which do you recommend i cant say for sure what people will need to own. If youre looking for large cap exposure, ibb is clearly the one that stands out. Its market cap weighted gives you a bit more of the upside of a Growth Company than the Bigger Company its hard to tell investors what to do equal weighted indices in bio tech tend to out perform when market headed south, it under performed. What do you tell investors its such a challenge right now because equities are at all time highs we had performance at bond and stocks were really excited to have a discussion about our new fixed income etf which is really a whole new asset class into the etf world. You get paid more coupon to take less risk. Its a crazy town. Thats what theyre taking advantage of there are alternatives out there. The yun ver has been expanding rapidly. It doesnt do market cap weighted at all. It looks at what drugs are in fa phase two or phase three maybe thats an alternative way to look at it by the companies that are furthest advanced in the research theres 2300 and change were always encouraging people to do their homework this is great example. This is a hot spot right now this is the kind of thing that people open the hood of the etf and look at whats in it they hear people talk about cancer drugs and oncology add advancements and say i want to invest in that i like the approach of this one. You dont have to deal with the market cap weighted index. Thanks very much thanks for joining us. Our live show starts at 1 00 p. M. Eastern time. Well talk protecting your portfolio from uncertainty, how to cash in on the ipo frenzy and a lot more ipo etf will be joining us back to you. Options pulls better semifor stocks about to turn around. Which one it that guy right there wl llilte you in unusual activity. It all started under this buttonwood tree. Twentyfour people came together to sign an agreement that created the stock exchange. Just the right elements coming together. It started when scores more people came together, just down the street and traded bonds that helped pay for the revolution, and the nation it created. It started in an office on the corner where the right people witnessed the telegraph and brought information and humanity together forever. It started with the markets, bringing together steel and buildings and silicon and medicine and rockets. We believe the possibilities of life and investing are greater when we come together. Its why for eighty years weve connected ideas with technology, data with inspiration, investors with solutions. So that every day together, it all starts again. Were back we have bullish activity pete has a look at rig yooe. We talk about this all the time were talking 40s and 50s. Not too many years ago here you are seeing it in the single digits. Here you are now at this very bottom level doesnt mean it cant go lower i like the risk were seeing here now what were seeing now is theyre buying these july 6 calls. I wanted this specifically for today. When i was down in miami on friday, this trade thats obvious. This trade really stuck out to me. They bought more than 20,000 of these calls on friday and now they are adding another 6,000 of these calls today. Stock virtually where it was what do you think of this . When i was in palm beach on saturday, there it is right there. There could be some combination. This is bottom fishing that i can get into its a nice call on a call risk reward, we love that one. Before you do the next one, i want to stay in the space and get to steph on concho you sold it i did its kind of a Portfolio Managers decision it trades 23 times forward it has great assets but it has a lot of juice this will out perform. What i did instead is put some of it into eog which does have some beta. I bet it into chevron as well. A little bit of a barbell withi. Jim, what do you think of those moves . I really like eog and i think chevron is the one to buy. I dont like fossil fuels. I think the Money Managers have taken over and reminds me of coal i really think you have to back away its really incredible because at one point or another, how could you lose the answer is you could lose the whole cohort which, by the way, the more they pump, the more they back down another Unbelievable Company and hes talking about 17 million. So, opec can cut back all at one. 17 million in the United States wow, i dont know where to put it right, right. Maybe you put it in to petes next one maybe it is so, scott, last week we were talking about Broadcom Broadcom dragged down the group. Hey, where do they love it . Right here this was boca raton. And down here its incredible. I love this call is this the most hated stock three times earnings i wonder if steph will wait until two times earnings before she will buy what they started doing is bought the very short term they are going out to july they have a little bit of time a month and look at the calls theyre buying theyre thinking maybe weve seen the bottom here for at least for now and we start to lift up to the upside. I love this name and i bought back in. If you like that, you have to like, every single analyst that comes, its awful. Tell us its awful when it matters, not when it doesnt matter thats boca who were we talking about at the top of the show . The important guys now willie nelson. It was mike wilson. Mike wilson willy wilson is unbelievable. Was it will . Only a commercial break can save him you guys come on back over here walk back over i want to talk to steph about some more moves during the walk. Well, i will say i was buying av avago on monday. You trimmed Union Pacific. I did and added to citi i also added to ge, as well so, one ugly to another ugly we talked about that. I owned it for many, many years and this year alone up 20 . Im still overweight. Im still overweight why do you do this to me . Why do you hurt me, steph . Ge most recent slam. I dont think todays note was value added at all i understand and appreciate him as an analyst, but i dont think there was anything new in that note today or fridays note for that matter. Youre right. In terms of Union Pacific, simply taking some profits putting it else where within industrials. And boeing and Union Pacific remain and ge is a distant third and citi is a timing thing to top it up because i already owned it but its in front, i think theyll have the best out of any of them. I dont like the banks. I have to tell you, Union Pacific, i understand why you would trim im just kind of saying. But the boeing call, brilliant i would fly one maybe with a different name no. Reports about that out there, no i mean, it is a great plane it is a great plane. And finally got the message to be a little more apologetic. Lets get that straight right now. We have to go viewer questions are coming in well get them next. First, Brian Sullivan with a look at what is coming up on the exchange. The market. Is it the tail wagging the dog or the other way around . At least when it comes to the Federal Reserve. That is according to one big market player with one big well debate one week until the big opec meeting or is it well talk about the chaos around the cartel right now. More than 600 companies urging trump to dump tariffs. Well speak with Business Owners who Say Something has to change. All that and more ahd eaon the exchange. Halftime report back right after this hey. So whether im processing claims due to this fine gentleman. car engine starting or suggesting premiums for this young lady. Ai can help change everything at this company. Expect more from ai. Ibm watson. Thats what happens in golf nothiand in life. Ily. Im very fortunate i can lean on people, and that for me is what teamwork is all about. You cant do everything yourself. You need someone to guide you and help you make those tough decisions, thats Morgan Stanley. Theyre industry leaders, but the most important thing is they want to do it the right way. Im really excited to be part of the Morgan Stanley team. Im justin rose. We are Morgan Stanley. indistthat was awful. Tering why are you so good at this . Had a coach in high school. Really helped me up my game. I had a coach. Math. Ooh. So, why dont traders have coaches . Who says they dont . Coach mcadoo you know, at td ameritrade, we offer free access to coaches and a full education curriculum just to help you improve your skills. Boom mad skills. Education to take your trading to the next level. Only with td ameritrade. Besides a cut, what else can the fed do our coverage continues online. Cnbc. Com halftime. We are back. That wilson is not on the Halftime Report tomorrow he played football and baseball and became the first Million Dollar player. People dont realize that wilson is on the Halftime Report. Tomorrow mike wilson, Morgan Stanley. You know who else is not on . That willie. Willie nelson is not on. Mike wilson is on. Someone mentioning what about wilson from casta way. We can work on that. What is coming up tonight, jim . Were trying to figure out taste. Okay, handshake a private company tried to do disrupters that guy is nine, i think. Iff is interesting you may think that is a sign of a top, i just think its a sign that new people are coming in. Millennials are buying stock and not just buying index funds. They love chewy so much. You see the pictures they send you. 40,000 pictures of dogs. Its such a good company you dont even think chewy is that expensive no. Because a colt isand they are replacing the he canceled his twitter oh, my. Lets do that theres chewy moving up. Its down moving up off the low but its wrong that its down those stocks are not allowed to be down. Final trade, 30 seconds left. Msi totally agree, hes hot as a pistol josh . Square. Huge growth story. Way off the high steph under armour. Break out right here. Go ahead, tell the story. Number one jpmorgan we talked about facebook earlier. I am seeing a bunch of calls and im jumping on top of that what . Facebook. That was my stock. You cant do that. I have five seconds three. The exchange begins now. Thank you very much. Welcome, everybody here is what is ahead. 48 hours and counting. The fed set on a decision on Interest Rates this wednesday. The market all but begging for cuts will the fed hint that they are ready to deliver. A chaos factory. Thats what tim cook calls some of the Tech Industry and Companies Need to take responsibilities for their products well debate his comments. And is the biggest threat to the u. S. Financial system cyberattacks jamie diamon thinks so